Questions tagged [economy]

Questions relating to the politics of economic theory or economic policy of any country or the international community. General economic questions can be asked on Economics.SE https://economics.stackexchange.com/

Filter by
Sorted by
Tagged with
6 votes
2 answers
2k views

Why does the US still maintain so many military facilities in Western Europe?

The US maintains a lot of military facilities in countries like Germany, the Netherlands, Belgium, etc. This doesn't make economic sense. The US military expenditure is on trajectory to reach a ...
whoisit's user avatar
  • 5,002
2 votes
1 answer
49 views

Why was the Biden administration reluctant to offer lowering tariffs on goods from member countries when drafting IPEF?

Analysts have compared it to the Trans-Pacific Partnership (TPP), which the United States withdrew from in 2017.[3] However, the initiative is intended to be a precursor for later negotiations, as it ...
Sayaman's user avatar
  • 30.5k
3 votes
0 answers
75 views

Is there a link between fuel shortages in Argentina and the presidential election?

If you make a search on the internet with the keyword argentina fuel shortage you will find a lot of articles about a fuel crisis that started around the first round of the presidential election and ...
FluidCode's user avatar
  • 7,140
3 votes
1 answer
125 views

Big mergers in the oil sector what is the opinion of the political world and anti-trust authorities?

Two new mergers in the US (and global) oil sector have just been announced. ExxonMobil is merging with Pioneer Natural and Chevron is buying Hess. If you sort this list by revenues you will find ...
FluidCode's user avatar
  • 7,140
1 vote
2 answers
343 views

Why is the composition of China's foreign exchange reserves classified information?

The exact composition of China's foreign exchange reserves is classified information.[7][8] In July 2019, China's State Administration of Foreign Exchange announced that at the end of 2014, US dollar ...
Sayaman's user avatar
  • 30.5k
1 vote
2 answers
644 views

Why won't China reduce its exposure to US dollars after all this talk of decoupling?

As Treasury yields soar, however, that thinking may be changing - the two-year is up 50 basis points this month and close to November's 15-year high of 4.88%, while the 10-year is up 40 basis points ...
Sayaman's user avatar
  • 30.5k
4 votes
1 answer
154 views

Role of economic developement in political stability?

Often it is given that rapid economic progress is one the things that make the Chinese communist party acceptable to the Chinese people. Can this be accepted as a given fact? Conversely, if there was ...
rony joseph's user avatar
9 votes
7 answers
9k views

Does Japan have any reason to ever repay its debt?

https://fortune.com/2015/02/26/japan-economic-time-bomb/ Takatoshi Ito, an economist at Columbia’s School of International & Public Affairs, argued at a panel discussion on Monday that unless the ...
Sayaman's user avatar
  • 30.5k
0 votes
1 answer
114 views

Apples-to-apples comparison of the public debt structure in the US vs. China

I'm looking for a comparison (i.e. two pie charts) of the public debt structure in the US vs. China. I can easily find data on the [hidden] municipal debt problem in China (as it's been repeatedly in ...
Fizz's user avatar
  • 145k
2 votes
0 answers
53 views

Is there a correlation between Gov't economic policies/performance & collective action

Based on my reading of polsci and econ literature, I believe there is an extensive literature studying how collective action (e.g., through labor strikes or occupation groups) can influence economic ...
maldini1990's user avatar
1 vote
1 answer
110 views

How do you measure debt sustainability (private and public)?

How do you measure debt sustainability (private and public)? https://en.wikipedia.org/wiki/List_of_countries_by_government_debt China has a lot public debt to gdp ratio. China’s debt is more than 250 ...
Sayaman's user avatar
  • 30.5k
6 votes
3 answers
822 views

Why does China consider capital control necessary for an independent, sovereign monetary policy?

https://www.businessinsider.in/policy/economy/news/3-reasons-why-even-china-doesnt-want-the-yuan-to-replace-the-dollar-as-the-worlds-reserve-currency/articleshow/100578664.cms Even though China ...
Sayaman's user avatar
  • 30.5k
8 votes
8 answers
5k views

What prevents foreign companies from setting up business in Russia so as to not pay any compensation to patent owners from the West?

https://sanctionsnews.bakermckenzie.com/russia-adopts-zero-compensation-to-patent-owners-from-unfriendly-countries/ The Russian Government has adopted a decree[1] which will allow local companies and ...
Sayaman's user avatar
  • 30.5k
9 votes
3 answers
3k views

Is there a way to measure how technologically and economically independent a country is?

Is there a way to measure how technologically and economically independent a country is? With all this talk of derisking and banning technologies to other countries, I was wondering if there was a way ...
Sayaman's user avatar
  • 30.5k
5 votes
1 answer
378 views

Why are most developing countries not using China's mercantilistic and state-led economic policies with heavily subsidized state companies?

The commitments and concessions that China made were deeper than those made by almost all other WTO members. Countries that joined the WTO after 1995, including China, acceded through the process ...
Sayaman's user avatar
  • 30.5k
-3 votes
1 answer
203 views

What is the reason that Russia is much richer even though they are corrupt at LDC-level? [closed]

LDC = Least Developed Country. Russia and Pakistan both sit at the bottom of the CPI's 2022 corruption perception index. Russia's position is 137/180. Russia also faces economic sanctions. However, ...
user366312's user avatar
3 votes
3 answers
2k views

A comparison on UK and Japan cost of living

Both are Island countries, the UK's cost of living is 63.6, and Japan cost of living is 54.3 (reference). Yet Japan has a higher quality of life index. Why UK have that additional 10~ cost of living ...
AkiZukiLenn's user avatar
1 vote
3 answers
193 views

Does the money earned by military hardware export enter the mainstream economy in Pakistan?

Pakistani JF-17s replace Iraq’s F-16 fleet iraq-might-buy-pakistans-jf-17-fighter-or-frances-rafale-or-both ... it’s rumored that Iraq has acquired 12 JF-17 Thunder Block III fighters, with the ...
user366312's user avatar
2 votes
1 answer
134 views

Exploring the causal mechanisms between democratization and economy growth

I have been reading a lot recently on a classic polsci question on the relationship between democratization and economic outcomes(see Boix & Stokes, 2003; Coppedge, in press; Epstein, Bates, ...
maldini1990's user avatar
3 votes
1 answer
136 views

What would be the negative consequences for China for a rare earth metal ban?

https://unherd.com/thepost/what-chinas-rare-earth-metal-ban-means-for-the-west/ China is threatening an export ban on rare earth metals in response to Washington’s recent decision to impose ...
Sayaman's user avatar
  • 30.5k
2 votes
2 answers
270 views

What advantages does China benefit from hiding a large amount of currency reserve from the rest of the world?

https://www.bloomberg.com/news/articles/2023-06-30/china-has-3-trillion-of-hidden-currency-reserves-setser-says China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that ...
Sayaman's user avatar
  • 30.5k
3 votes
1 answer
310 views

What government policies has Russia implemented to revive its domestic industries, after economic sanctions were imposed on them?

I was reading some Russian propaganda and came across this tidbit: Indeed, the sanctions have done what many considered impossible: they jolted the country’s economy out of the well-trodden path of ...
sfxedit's user avatar
  • 6,681
6 votes
1 answer
268 views

How the US (and five others) define "economic coercion" they condemn, and differentiate it from the economic tools they use to pressure countries?

Reuters' June 9, 2023 With eye on China, US and five allies condemn trade-related 'economic coercion' begins: WASHINGTON, June 9 (Reuters) - The United States and five of its allies on Friday ...
uhoh's user avatar
  • 16.5k
5 votes
2 answers
770 views

When and why did US food prices surpass the ones in Western Europe?

I first visited the United States around 30 years ago and then a few times over the following couple of years. The last time was around 2005. One thing I remember is the low prices of food compared to ...
Ray's user avatar
  • 182
13 votes
1 answer
2k views

Are there any countries or states which have fully embraced price gouging during emergencies?

As taught by Thomas Sowell in his book "Basic Economics": If the prices of hotel rooms remain what they have been in normal times, those who happen to arrive at the hotels first will take ...
JonathanReez's user avatar
  • 52.7k
15 votes
4 answers
3k views

Why does Australia export so much raw materials instead of steel and other value added products?

According to the chart in this report although exports from Australia of iron ore and metallurgical coal are declining they are still quite high. On the other hand I see that Australia imports a lot ...
userFromEU2's user avatar
5 votes
1 answer
230 views

What is the effect of removing certain denomination of a currency?

About yesterday the Indian government withdrew 2000 rupee notes in circulation ref. Typically, when stuff like this happens, the explanation is that the attempt is to combat black money. This answer ...
tryst with freedom's user avatar
3 votes
9 answers
496 views

Why is there typically emphasis on education in general rather than for those related to jobs?

It is to my understanding, a popular opinion that education improves economy and quality of life. But, to me, while I get the intuitive notion, wouldn't it beven more better to focus on improving ...
tryst with freedom's user avatar
18 votes
2 answers
6k views

What is the theory behind using the 14th Amendment to ignore the debt ceiling?

President Biden raised a few eyebrows in that he's said he isn't ready to invoke the 14th Amendment and ignore the debt ceiling... yet. From Reuters President Joe Biden said on Friday he was not yet ...
Machavity's user avatar
  • 45.9k
11 votes
5 answers
2k views

Is Norway a rentier and resource-dependent country?

I have been reading a lot on the rentier state literature and have noticed that papers published in the last two decades focus on the typical rentier cases such as Saudi Arabia or Venezuela. However, ...
maldini1990's user avatar
13 votes
3 answers
4k views

What has changed in the last decade that causes tent cities to spring up?

As a regular visitor to the United States (Texas and Oregon, mostly) I can see that a lot of slum-like encampments have sprung up during the last decade, probably even the last few years. Some are so ...
Peter - Reinstate Monica's user avatar
-4 votes
8 answers
1k views

Is this communist-like economic ideology already a thing?

Everyone knows what communism is, and generally in the real world it doesn’t work out for the people. Communism has many flaws and after a long while of thinking how these flaws can be fixed it became ...
HomegrownPotatoes's user avatar
6 votes
2 answers
1k views

Who described creative destruction as a process that will eventually balance the jobs created and destroyed?

I read many times articles talking about possible job losses caused by technological changes referring to Creative destruction as a hint that eventually as many jobs will be created thereafter. Often ...
FluidCode's user avatar
  • 7,140
0 votes
3 answers
333 views

How do these contradictory claims about the US national debt square against each other?

(Not sure if this should be on the Economics SE or Skeptics SE) The first source is this, from which there is an image: This clearly implies that the US federal budget decreased under Obama, Carter, ...
Allure's user avatar
  • 32.4k
5 votes
1 answer
243 views

What are the pros and cons that a new common currency for Latin America bring to the region?

https://www.weforum.org/agenda/2023/03/what-do-talks-about-a-south-american-common-currency-say-about-globalization/ Argentina and Brazil recently announced preliminary plans to form a common ...
Sayaman's user avatar
  • 30.5k
19 votes
2 answers
3k views

Why do small African island nations perform better than African continental nations, considering democracy and human development?

This question is interdisciplinary between economics and politics, but I suspect the answer lies more in politics and history than in economics, which is why I decided to post it here. Looking at the ...
gerrit's user avatar
  • 47.7k
0 votes
0 answers
32 views

Indian PLI Manufacturing scheme

Indian govt has announced Production Linked Incentive schemes (PLI) to boost manufacturing sector growth in India. As it can be seen it is biased towards capital-intensive industries. What could be ...
Particle king's user avatar
4 votes
2 answers
2k views

Clear and concrete definition of "Third World" [duplicate]

Commonly, when I discuss with a pro-western American, or perhaps sometimes Europeans about an African Country I always hear this, "But it's third world" on investopedia.com "Third World&...
Tardy's user avatar
  • 229
8 votes
2 answers
1k views

How does having minority stakes and board seats give the Chinese government effective control over companies?

From the New York Times: All of that changed over the past few years as Beijing went after some of the country’s biggest tech companies and its highest-profile tech entrepreneurs. The aim was to ...
Sayaman's user avatar
  • 30.5k
4 votes
1 answer
276 views

To what extent does the west need China to be part of the SWIFT system?

The question and answers at To what extent does China need the SWIFT system? explain why China needs the SWIFT system to to interact with the west and whether it would be reasonable to come up with ...
DRF's user avatar
  • 331
-1 votes
2 answers
313 views

The changing relationship between Democracy and Economic Growth (log GDP)

There has been contradicting evidence on whether being a democratic state is correlated with economic growth and/or higher GDP per capita. For instance, Barro (1997) argues in his book that a ...
maldini1990's user avatar
10 votes
4 answers
3k views

What are the options for a government facing massive protests over seemingly unsustainable economical measures?

Context France is currently facing nationwide strikes due to pension system reformation discussions. According to France24, there seems to be a debate over the opportunity of such a reform: French ...
Alexei's user avatar
  • 52.6k
8 votes
2 answers
3k views

To what extent is the UK's cost-of-living crisis Russia's fault?

I know that the UK's cost-of-living crisis is partly due to the war in Ukraine. Russia, of course, has sharply limited the amount of energy it exports to Europe; this substantially raises winter ...
alphabet's user avatar
  • 521
20 votes
3 answers
5k views

How does the World Economic Forum seem to have so much influence?

Searching on Google News for World Economic Forum produces: About 23,800,000 results (1.00 seconds) Sampling some of these produces quite a mixed array of opinions, from highly supportive, to bored, ...
Boba Fit's user avatar
  • 1,600
13 votes
3 answers
3k views

Why is the US government not worried about high deficit?

The US government has run a deficit budget every year since 2002. As per this answer, in FY2012, the budget deficit was $1.12 Trillion while revenue was $2.47 Trillion. That was a budget deficit of ...
whoisit's user avatar
  • 5,002
20 votes
3 answers
5k views

If only people with at least $1,000,000 annual income were taxed, what would their tax rate have to be to avoid a drop in income tax revenue?

If personal income taxes were eliminated entirely for anyone with less than $1,000,000 income, there is one flat tax rate for those who are taxed, and corporate income taxes and all other taxes staued ...
Someone's user avatar
  • 1,297
35 votes
9 answers
15k views

What are possible explanations for why Democratic states appear to have higher homeless rates per capita than Republican states?

The principal argument I see regarding homelessness in blue areas is that cities draw a larger homeless population than rural areas which is objectively true. However, from the evidence I have found, ...
Grant Curell's user avatar
7 votes
3 answers
734 views

How does the US benefit from waging wars?

It is often argued that the USA is constantly at war because the military industrial complex benefits from it in terms of public employment, and the moguls profit billions of dollars. However, I don't ...
user366312's user avatar
28 votes
8 answers
9k views

Why do some European governments still consider price capping despite the fact that price caps lead to shortages?

Context Due to multiple causes such as the Russian invasion of Ukraine, most European countries have faced soaring prices for essential products. In some cases, the governments decided to impose price ...
Alexei's user avatar
  • 52.6k
4 votes
1 answer
1k views

How did the UK race ahead of France in GDP

Source of data In 2019, GDP of the UK was 2,743.586 Billion USD, while that of France was 2,707.074 B. That is just a difference of 1.33 percent. Some might even dismiss it as noise. In 2022 however,...
whoisit's user avatar
  • 5,002

1
2 3 4 5
13