Denmark is an economic powerhouse with a GDP per capita higher than Germany, Netherlands and the UK. It is one of the richest countries in the world, but remarkably unlike Norway has no particular oil riches. Also, it has achieved its wealth despite having one of the highest tax rates in the world. What is …
In the past four decades, China has undergone a genuine economic miracle. 800 million people have been lifted out of poverty, through economic growth that has often averaged close to 10%. China’s rise has changed the world. Our shops are flooded with cheap Chinese consumer goods, and many of our factories closed down. China went …
Donald Trump and his vice-president have some unorthodox economic policies. Reduce prices, Higher Tariffs, lower tax, devalue the dollar and end immigration. But, will they work? Trumponomics – The Real Impact of Trump Economic PoliciesWatch this video on YouTube At the recent Republican convention, Trump vowed to end the inflation nightmare and bring prices down …
The UK housing market is a nightmare for first-time buyers. Average deposits £47,000. House prices eight times income, and for renters it’s even worse with rents remorselessly rising. But, there’s a new government and they have pledged to build 1.5 million homes in the next five years. Assuming they can achieve this goal, which is …
What can the UK Learn from the Greek Economy? Which is Worse – UK or Greece EconomyWatch this video on YouTube Which country was one of the fastest-growing European economy in the past three years? Yes, you’ve correctly guessed, it was Greece. To the north, the once mighty German economy is struggling to avoid recession, …
The Eastern European Boom When Will Polish Economy Overtake UK and France?Watch this video on YouTube Whilst Western Europe struggles with low growth, Eastern Europe is booming. In the past two decades, Eastern Europe has quietly witnessed an economic transformation, with growth in living standards outperforming the West. Estonia, Poland and Romania have all seen …
In the 1970s Venezuela was widely admired for its functional democracy and the highest living standards in Latin America. There was good reasons to be optimistic. Venezuela has the largest known reserves of oil in the world. Greater than Saudi Arabia, Iran and the US. Yet in recent decades, the economy has lurched from crisis …
Greece is the cradle of western civilisation. Philosophy, democracy and unique cultural icons. But, 15 years ago, something terrible started to happen to the Greek economy, which saw one of the biggests hits to living standards in the western world. GDP collapsed, unemployment soared and Greece became an economic basket case. This article explains what …