In 2018, Turkey faced a significant economic crisis that sent shockwaves through its financial markets and reverberated globally. Marked by a sharp depreciation of the Turkish lira, rising inflation, and mounting external debt, the crisis revealed a combination of internal economic vulnerabilities and external pressures. This article delves into the factors that contributed to...
In 2014, Venezuela found itself at the epicenter of a severe economic crisis, marked by hyperinflation, a plummeting GDP, and widespread social unrest. This tumultuous period revealed a complex web of economic mismanagement, political instability, and external factors that plunged the South American nation into a state of unprecedented turmoil. Prior to 2014, Venezuela...
In recent years, Artificial Intelligence (AI) has witnessed remarkable advancements, promising a transformative impact across industries and human lives. However, as AI continues to evolve, concerns about its potential dangers on the economy are growing. While AI offers exciting opportunities, it also poses significant challenges that demand serious consideration and proactive measures. This blog...
When it comes to investments, government securities play a crucial role in offering stability and security to investors. Among the various types of government securities, bonds are widely recognized as a preferred choice for both individuals and institutions. Bonds are debt instruments issued by governments to raise funds, providing investors with a predictable stream...
When it comes to measuring a nation’s progress and well-being, Gross Domestic Product (GDP) per capita has long been the standard indicator. However, this traditional measure falls short in capturing the true essence of happiness and quality of life experienced by individuals within a society. In this article, we will delve into the limitations...
In the world of finance, hedge funds are fascinating and captivating entities that often carry an air of allure and mystery. With their remarkable success stories and occasional controversies, these investment funds continue to captivate the attention of investors and the general public alike. In this blog, we aim to demystify hedge funds by...
Happiness, something we all strive for, has captivated the minds of philosophers, psychologists, and policymakers throughout history. While happiness is deeply personal and subjective, researchers have started exploring how macroeconomics and happiness intersect, recognizing that certain macroeconomic concepts can offer insights into the well-being of societies. In this blog, we’ll delve into how specific...
Universal Basic Income (UBI) is an idea that has been gaining popularity in recent years. It is a system where every citizen of a country receives a fixed amount of money from the government on a regular basis, regardless of their employment status or income level. The concept has sparked debate among policymakers and...
The Silicon Valley Bank (SVB) collapse was a significant event in the tech industry during the late 1990s. The bank had provided funding to many technology startups that were considered too risky for other banks to invest in. However, the bank’s aggressive lending practices proved to be unsustainable, and many of the startups it...
India’s economy has been experiencing significant growth in recent years, making it one of the fastest-growing economies in the world. The country’s young and dynamic workforce, which comprises over half of its population, has been a key driver of this growth. India’s talented and ambitious workforce has contributed to the growth of various industries...