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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Have household savings in Russia increased since 2022? [closed]

We had a bit of a discussion on a recent question whether Russian workers are being "enriched" by the war. In the US, during WW2 here was rationing etc., which resulted in reduced ...
Dolphin 613 Motorboat's user avatar
26 votes
6 answers
11k views

Two years after the breakout of Ukraine war, is/how is Russia successful in sustaining its economy (now even growing?) and the war?

Since 2022, Russia has received huge amount of Western economic sanctions. The war itself is money-burning. I understand that war may stimulate military-related economy as explained in this VOA ...
No One's user avatar
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-3 votes
2 answers
187 views

What's the reasoning behind China's Go Out policy, did they publish a white paper or made any public statement explaining the reasoning behind it?

Most nations favour attracting inward foreign investment, and support outward foreign investment only passively.[citation needed] The People's Republic of China, however, attaches importance to both ...
Sayaman's user avatar
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4 votes
2 answers
218 views

During Ronald Reagan's presidency, which industry sectors' workers tended to approve of him the most? And which ones disliked him the most?

Ronald Reagan had a lot of support nationwide during his presidency, but there were many people who opposed him as well. It seems like different industry types tend to favor a certain political ...
Catmix's user avatar
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0 answers
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Assessing the Effectiveness of South Africa's Social Grant System

In recent years, the South African government has implemented many social grant programs, providing financial relief to almost half of the population (Over 25 Million). While these initiatives aim to ...
simphiwe sifiso hlabisa's user avatar
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0 answers
64 views

What did China do to increase the productivity of state-owned enterprises?

In recent years, however, Beijing is turning its back on the very policy reforms that helped propel it to greater economic growth. Maoist socialism is on the rise under the leadership of Xi Jinping ...
Sayaman's user avatar
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2 votes
0 answers
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What EU preparations does Christine Lagarde propose for a Trump presidency in the areas of 'capital market union' and 'single market', and why?

In CNN's January 31, 2024 ECB President: I don't regret warning about Donald Trump where CNN's Richard Quest interviews European Central Bank President Christine Lagarde there is this exchange after ...
uhoh's user avatar
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What countries have imposed an investment monitoring system against China besides the United States?

From a 2023-08-20 Forbes article titled ‘Will Europe Restrict Chinese Investment Into The EU?’: Pressure for such a policy has come from the Dutch, the Germans (Greens) and some smaller states. To ...
Sayaman's user avatar
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2 votes
1 answer
437 views

Is there any country that stopped releasing data on youth joblessness in the past aside from China?

China has suspended the release of data on youth joblessness, which hit a record high in June, citing a need to examine its method for calculating the key economic indicator. The country’s National ...
Sayaman's user avatar
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5 answers
445 views

Does farming need government support to work efficiently?

In 2020, there were farm law protests in India, related to concern of farmer losing certain government support from Indian govt. I thought this was maybe due to India being a third world country and ...
tryst with freedom's user avatar
-1 votes
2 answers
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Which countries have the highest number of state owned enterprises after China?

The state sector has always been an important element of many economies, including the most advanced ones. There are legitimate economic and non-economic reasons for state ownership and views on the ...
Sayaman's user avatar
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-5 votes
1 answer
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Which is the country whose government has the largest public ownership in the world (net worth) over most of its natural resources?

Venezuela is another contemporary example that we have of the detrimental effects of socialism on the environment. At one point a couple of decades ago, Venezuela was the wealthiest nation in Latin ...
Sayaman's user avatar
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1 vote
0 answers
110 views

Which country has the highest share of GDP that's attributed to housing? [closed]

https://www.axios.com/2023/10/11/chart-chinas-real-estate-struggles Why it matters: At its peak, China's residential property sector was thought to contribute an estimated 25%-30% of the country's ...
Sayaman's user avatar
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1 vote
0 answers
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Did the U.S. take any measure to prevent China from benefiting from friendshoring?

China is moving to deepen trade and investment links with nations the US has prioritized for friend-shoring, a response that may keep—or even enhance—Beijing’s primacy in global commerce. President Xi ...
Sayaman's user avatar
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2 votes
1 answer
803 views

What was the most succesful military dictatorship in the last 200 years in terms of economic growth?

Military dictatorships are controlled by military officers. I am wondering which military dictatorship was the most economically successful, you can use any figure like GDP growth, GDP per capita, GDP ...
Sayaman's user avatar
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2 votes
0 answers
62 views

Is there a correlation between government responsiveness to individual/voter concerns and subsequent reduction in policy demands?

In democratic states, is there a correlation between government responsiveness to individual concerns and subsequent reduction in policy demands? I am curious because recent polsci papers on ...
maldini1990's user avatar
29 votes
9 answers
13k views

Why are Americans' perceptions about their economy so incorrect?

According to a recent Financial Times article (paywalled), surveys indicate a large disconnect between current economic facts and the public perception, to where the majority polled are mistaken: ...
dandavis's user avatar
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0 votes
1 answer
128 views

Is there a country that doesn't use imputation, especially for rent, when calculating GDP?

Imputations approximate the price and quantity that would be obtained for a good or service if it was traded in the market place. The largest imputation in the GDP accounts is that made to approximate ...
Sayaman's user avatar
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20 votes
5 answers
7k 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
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2 votes
1 answer
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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
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3 votes
0 answers
83 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
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3 votes
1 answer
131 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
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1 vote
2 answers
348 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
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1 vote
2 answers
650 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
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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
8 votes
7 answers
10k 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
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0 votes
1 answer
117 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 ...
Dolphin 613 Motorboat's user avatar
4 votes
1 answer
103 views

What is the relationship 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
112 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
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7 votes
4 answers
930 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
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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
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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
  • 36.8k
6 votes
1 answer
432 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
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-3 votes
1 answer
208 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
197 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
138 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
148 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
  • 36.8k
2 votes
2 answers
277 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
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3 votes
1 answer
314 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
  • 8,791
6 votes
1 answer
269 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
  • 16.6k
5 votes
2 answers
1k 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
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14 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
234 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
502 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
7k 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
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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
12 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

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