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/

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19
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9answers
3k views

Why is the lack of seasonal agricultural workers considered a problem given the high unemployment rate in every Western country?

Currently farmers in Western countries are warning governments that without foreign workers their fields will be impossible to harvest: “We are in need of a lot of foreign workers,” Eystein Ruud, a ...
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0answers
60 views

How many political ideologies exists in total numbers? [closed]

I would like to get some citations of how many political ideologies exists in total numbers when you count all the different democratic, anarchistic etc variants altogether?, i would like to write ...
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2answers
290 views

Can the U.S. president increase toilet paper supplies?

I saw a recent news article about President Trump, forcing car makers to make ventilators. In the US there also a significant shortage of toilet paper, which seem to be a supply and demand problem. ...
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8answers
7k views
+100

Have any countries that are currently in lockdown published a detailed long-term exit plan?

Currently almost every country around the world is in a state of lockdown. However all of them seem to be in a state of 'indefinite' lockdown, with no long-term plan published anywhere. Has any ...
8
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3answers
2k views

Can the European Central Bank “print money” to partially mitigate the economical effects of the coronavirus infection spreading?

SARS-CoV-2 infection managed to bring a significant part of the economy to a halt and it is expected for lots of companies to have cash flows problems (e.g. impossible to pay the suppliers). I have ...
46
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3answers
12k views

During the COVID-19 pandemic, why is it claimed that the US President is making a trade-off of human lives for the economy?

This question posted recently makes a lot of assumptions, including the US President is currently making a trade-off of human lives for the economy or Trump's pro-economy death-permissive ...
45
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5answers
8k views

How is Japan able to sustain a large debt as a percentage of GDP, while Greece could not?

Japan is currently the nation with the highest debt as a percentage of GDP - at the time of writing it stands at over 250%. Greece, currently the second most indebted nation, went through a decade-...
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4answers
285 views

Why are Central Banks cutting interest rates in response to COVID-19?

Central Banks around the world have cut interest rates in the past few days in response to the COVID-19 pandemic, including the US Federal Reserve (0-0.25%), the Bank of England (0.1%), and the ...
0
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4answers
277 views

Is “emergency socialism” a neologism, or does it have significant and deeper historical context?

With Trump and other politicians talking about a form of a stimulus package for every adult in America as a means to address a dire situation, a turn of phrase has been popping about news articles and ...
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1answer
142 views

Would it be political suicide to suggest reducing Social Security payments to help fund economic stimulus packages? [closed]

I am wondering if it may be tempting for President Trump, or the Democrat presidential candidates, or members of Congress to suggest temporarily reducing Social Security payments in order to help free ...
12
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1answer
723 views

What are the details of the Federal Reserve's $1.5 trillion injection?

According to the Wall Street Journal, in order to attempt to slow the economic contraction caused by the Covid-19 virus, the Federal Reserve has promised to inject $1.5 trillion into the economy, by ...
4
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3answers
281 views

Benefit of a national cryptocurrency

I have read about the Marshall Islands partnering with the company Algorand to produce their own cryptocurrency that will act as the nation's official currency. Is there any special benefit from ...
95
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19answers
12k views

Why hasn't competition between health insurance providers led to lower prices for consumers?

In the US, a common argument I've seen against a universal healthcare system is that removing the ability of private health insurance companies to compete will give rise to a natural monopoly in the ...
43
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10answers
15k views

How is Russia able to maintain the 2nd most powerful military in the world at a fraction of the cost of the US & China?

The 2020 Military Strength Rankings list Russia's military as #2 in strength: United States Russia China However, their defense budget rankings show that Russia's only #8 in spending: United States ...
1
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1answer
131 views

Where does the AfD stand on rental price freezes?

It seems to me that the SPD is largely in favor of such measures (rental price freezes) while the CDU generally opposes them. Does the AfD have an identifiable position on this matter? (I think this ...
1
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1answer
138 views

Is the cap on rental prices in Berlin lower than the average price in some Eastern Europe capitals? If so, what justifies this level?

I could be wrong about this, but it seems to me that the 9.8 euros/sq.m. that appears to be recently imposed cap on rentals in Berlin is lower than the average rental price for housing in Prague 13 ...
0
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4answers
478 views

What are some perceived problems with the stock market? Why don't we encourage everyone to invest? [closed]

I've been watching the democratic debates as time allows lately, and though I find many positions I agree with and many others I do not, one seems confusing to me on a few levels. This could indicate ...
31
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11answers
14k views

Why did Berlin freeze the rent prices as opposed to letting the market set the price?

This EuroNews article tells us about the Berlin freezing of rent prices: Berlin is freezing the rents of 1.5 million apartments for the next five years starting this Sunday in a controversial ...
1
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1answer
119 views

How does the Barnett Formula work?

I've often heard the Barnett Formula come up in debates regarding the topic of Scottish independence, and I know it relates in some way to the mechanism used to determine the amount of money allocated ...
0
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0answers
37 views

How can I find policy proposals (such as conflict resolution mechanisms or productive rent creation) to mitigate intra-elite conflicts?

I am currently studying the role of coalition making and mitigating the frictions between political elite in order to stimulate development. Theoretical literature including the works by Douglass ...
0
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1answer
51 views

Legacy commitment of a new government [closed]

A commitment is made by a political party's ministry in power to a segment of people through an agreement. Then the party is voted out in election. What happens to commitments and contracts earlier ...
4
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1answer
135 views

High number of personal bankruptcies in U.S. before 2008 financial crisis (2003-2006)?

Apologies if this isn't the right Stackexchange forum, I will be happy to move it if required. I was reading the Federal Reserve Bank of New York's latest quarterly report on Household Debt and ...
2
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0answers
86 views

Does Iran have any trade deals with China and if it does, can they protect Iran's economy from economic sanctions?

I read about how Iran has been looking to China for trade in response to sanctions from the United States and the West and how Iran already trades with China using oil. However, what I want to know is ...
3
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1answer
189 views

Why does Germany have a static “debt brake” value when a value that can be easily changed seems to make more sense?

According to this article, Germany has to rely on some tricks to circumvent the hard limit mentioned in the Constitution: Germany is considering setting up independent public agencies that could ...
7
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2answers
170 views

In Marxist Theory, is use-value dependent on the amount of labour that goes into the creation of a commodity?

In Marxist theory, is use-value dependent on the amount of labour that goes into the creation of a commodity? If so, is the relevant labour the amount of abstract social labour or useful-labour? I ...
5
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1answer
250 views

How does the United Nations get information on North Korea's economy?

I have read that the North Korea economy has expanded by 1.8% according to the United Nations. However, I know the North Korean government is secretive with information about its economy and releasing ...
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0answers
102 views

How much of a negative impact do bonyads have on Iran's economy?

Bonyads are charitable trusts that control about 20% of Iran's GDP and have been criticized for being "a major weakness of Iran's economy" and providing inadequate charity to the poor(Mackey, Sandra ...
3
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1answer
272 views

Is there any European Union country that had or have a “debt brake” similar to Germany?

Germany has in place a "debt brake": In 2009 it was approved with a two-thirds majority both by the Bundestag and the Bundesrat. This decision will lead to public budgets without structural ...
4
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0answers
35 views

How much influence does Saudi Arabia have over Nigeria?

I read this article that says that Saudi Arabia has some influence over Nigeria to the point where Nigeria may be on their side in the current Iran-Saudi Arabia proxy conflict. How much political and ...
2
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2answers
170 views

How much of North Korea's economy is supported by the black market?

I read from a news article that North Korea is generally supported by a black market that the government generally accepts . What percent of the economy is supported by this black market and how much ...
11
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5answers
2k views

Why would low-skilled British workers go to Sydney and Melbourne (in large numbers)?

News from earlier this month The Australian government has turned down the UK’s offer of a post-Brexit trade agreement that included visa-free work and travel between the two countries. Trade ...
4
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1answer
316 views

Would policies that forced millionaires and billionaires to inject significant amounts of their wealth back into the economy cause inflation?

By my knowledge of the current situation, the majority of the wealth in many countries is held by a few individuals with incredible amounts of wealth. Much of it is in the form of stock options and ...
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1answer
379 views

Is Bill Gates correct about Warren's tax plan? [closed]

In an interview Gates said: When you say I should pay $100 billion then I'm starting to do a little math about what I have... leftovers Turned out it was a joke, as he added "Just kidding". But ...
2
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0answers
56 views

Are there past examples of China commiting to and then managing to boost its imports by dozens of billions of dollars?

In the recently announced US-China [mini]deal China has pledged to boost US imports by $200bn above 2017 levels and strengthen intellectual property rules. I'm curious how realistic is the first ...
2
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1answer
455 views

Iran threatening to attack Dubai

Hours ago Iran had threatened to attack Dubai, referring to Dubai as "America's leg" because of our U.S. owned oil businesses and shipments there. When Iran threatened to attack U.S. troops or ...
7
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2answers
289 views

What are the metrics of globalisation?

This article from the World Economic Forum looks at various stages proceeding globalisation and uses one metric of exports as % of global GDP to determine how 'globalised' the world is. I was ...
5
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0answers
163 views

Is there any credible attempt to analyze how cost savings from standardizing healthcare could compensate for extending it to universal system?

A big democratic talking point lately have been switching to a more universal health care system, which republicans obviously are opposed to due to the increased cost. However, It's well known that ...
49
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13answers
12k views

What are the downsides of being a debt-free country (no foreign national debt)?

I was only a child when the Romanian dictator, Ceaușescu announced that all of the country's foreign debt had been paid: Romanian leader Nicolae Ceausescu announced this week that his country, ...
2
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1answer
200 views

How much does economy affect the US presidential election?

I have read that the US presidential election is influenced by the economy because independents are more likely to vote for a candidate if they got better stock returns. How big of an impact is this ...
1
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1answer
126 views

Should politicians be educated in the field of economics? [closed]

I'm not sure if this goes on this exchange, or perhaps the economic exchange. I could move it if you guys want. Anyway, Should politicians, mainly presidents/prime ministers be heavily educated in ...
9
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5answers
414 views

Why is the current state of the economy used to judge a president over their impact on growth?

I've noticed that Donald Trump will often cite the current value of stock market indices, the current unemployment rate, the current number of people working in the US, and even the current GDP value, ...
22
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4answers
4k views

How does the credit rating of a country affect its populace?

I am coming from a UK perspective; we lost our AAA credit rating in 2013, and dropped again in 2017 after the referendum on European Union membership. It was reported last week that we are set to be ...
2
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0answers
25 views

Quantitative study of time between signature and ratification of multilateral economic treaties

Does anyone know of a good quantitative study of economic multilateral treaties that specifically looks at how much time passes between the date of signature and date of ratification/accession? I have ...
3
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4answers
305 views

Why would a small country invest to reduce their greenhouse gas emissions, rather than adaptation to global warming?

Quick summary of premises of this question: There's major anthropogenic global warming going on, and predictions say it will accelerate the next 50 years if global and radical action is not taken ...
36
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3answers
10k views

Why does Rome municipality seem to have a hard time maintaining the city?

I have recently visited Rome for about a week and the city looks as if the municipality has serious issues maintaining the city. Many monuments are well maintained, the public transportation is quite ...
5
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3answers
308 views

How much money would legalizing marijuana (both state and federally) save the US goverment on average?

One of the arguments for legalizing of marijuana is that it is suppose to save a significant amount of money spent in enforcing laws against the crime. Some of the cited supposed savings are: Not ...
6
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2answers
222 views

Are there polls on US public support for a wealth tax?

Various Democratic candidates, including Warren and Sanders have proposed a wealth tax. Details differ between these plans, of course, but are there any polls on US public acceptance of a wealth tax ...
3
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1answer
82 views

Has the Thai government taken a position on the strength of the Thai Baht?

According to CNBC in late July 2019 The Thai baht has soared against the U.S. dollar this year, significantly more than many other emerging market currencies. [...] “Policymakers and ...
1
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2answers
131 views

Are (or were) US companies involved in exploiting the Kurdish-controlled oil fields in Syria?

Trump said recently about the oil fields in the Kurdish controlled area of Syria: We’ve secured the oil. If you remember, I didn’t want to go into Iraq. I was a civilian, so I had no power over it. ...
2
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0answers
46 views

Did anything come out the proposal(s) to buy back taxi licenses in France?

France24 reported in 2016 that there were several proposed schemes to buy out the (still) transferable taxi licenses. Cost was apparently a problem though: In a “roadmap” presented to taxi ...

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