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    Economics Explained

    On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.
    enEconomics Explained228 Episodes

    Episodes (228)

    How a new type of immigration is radically changing Portugal's economy.

    How a new type of immigration is radically changing Portugal's economy.
    In this video, we explore the dramatic changes in Portugal's economy driven by the influx of digital nomads. Discover how warm sandy beaches, vibrant culture, excellent internet speeds, and affordable living costs have transformed Portugal into a top destination for remote workers from high-income countries. We delve into the benefits, like increased spending on local goods and services and investment in businesses, particularly in Lisbon, where cafes, coworking spaces, and the tourism sector thrive. However, this boom isn't without its downsides. Rising housing prices and rent due to the demand from digital nomads are creating challenges for local residents. We examine the complex balance Portugal faces between economic growth and local affordability. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enJuly 08, 2024

    Is Ireland's Economy a Scam?

    Is Ireland's Economy a Scam?
    Welcome to Ireland, a nation with two contrasting economic realities. On the surface, Ireland's economy appears as one of the world’s richest, only behind Luxembourg in the IMF rankings, surpassing global economic leaders like Switzerland and the USA. But delve deeper, and you discover a more complex narrative. For much of its history, Ireland has grappled with severe poverty and economic instability. Yet, the past two decades have painted a picture of unprecedented wealth, presenting Ireland as the richest major economy on paper. This fairytale, however, is powered by what many would call creative accounting, rather than a genuine economic revolution. In this video, we explore the dichotomy between Ireland's 'make-believe' economy—fueled by offshore trillions and favorable tax laws—and its 'real' economy, composed of hard-working individuals and traditional businesses. We delve into how these two facets interact, the benefits of being a business haven comparable to New York or Singapore, and the inherent risks of building prosperity on precarious financial strategies. Join us as we unpack the intricate dance between Ireland’s enticing tax policies and its real economic substance, evaluating both the high stakes and the high gains of this fascinating economic setup. What does this mean for the future of Ireland’s economy? Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enJuly 05, 2024

    How Has Turkey Been Going?

    How Has Turkey Been Going?
    Turkey's economy faces severe inflation and a 96% devaluation of the Lira. Despite recent interest rate hikes, stabilization remains elusive. Will Turkey overcome its economic challenges, or is it too late? Discover the unfolding story! Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enJune 17, 2024

    What Makes The Netherlands So Special?

    What Makes The Netherlands So Special?
    Discover the Netherlands' unique economic journey, from pioneering modern trade and finance to overcoming Dutch Disease. See why it's one of the most productive and livable countries today. Can other economies learn from the Dutch model?  Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enJune 14, 2024

    The Ranks of Global Billionaires: Not All Billionaires Are Made Equal

    The Ranks of Global Billionaires: Not All Billionaires Are Made Equal
    Jeff Bezos and Bill Gates, two gentlemen fighting back and forth for the title of world richest man. These two individuals seem very very similar, for starters, of course, they are both billionaires, an elite worldwide club with around 2 and a half thousand members, they are both white, male tech entrepreneurs, from the united states, and even more specifically from Seattle, and even more specifically their primary residence is in Medina a same small town just outside of Seattle. So it looks like these two are pretty similar, but in reality, their fortunes couldn’t be more different. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enJune 02, 2024

    The Economics of Disasters

    The Economics of Disasters
    The Wuhan Coronavirus, the active impeachment of a sitting US president, an earthquake and volcanic eruption in the Philippines, floods in Indonesia, the death of Kobe Bryant, magnitude 7.7 earthquakes in the Caribbean and even my homeland down under has been on fire and then buried in ice and then on fire again so yeah the first month of 2020 is really trying its best to kill us all I guess what we are here for is to explore what all of these things mean to an economy both at a local and global level. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enMay 30, 2024

    The Economy of Sweden

    The Economy of Sweden
    Sweden is a beautiful Scandinavian country famed for its beautiful people, flat-packed furniture, PewDiePie and meatballs. Now of course if you hadn’t guessed by the channels title we are only here to look Sweden's economy, and it is a remarkable one at that. Sweden is home to one of the highest standards of living in the world and is often held in extremely high regard when it comes to workers rights and general quality of life indicators such as working hours, happiness rates and life expectancy. It is also a nation with a rich history of setting the trend for other economies to follow, Sweden is home to the Riksbank founded in 1668 it is the oldest central bank in the world, blazing the path for monetary policy that dictates every major economy in the world today. So how did it get here. We have explored rich nations with strong welfare systems that seem to do everything right on the channel before… most notably Norway, Sweden's little brother the to west… But Sweden is slightly different in the sense that it was not blessed with the Norwegian sea and its abundance of oil and gas, so it was not able to build up a sovereign wealth fund with oil profits like Norway was and so on paper it is citizens are poorer than Norway's but their quality of life seems exactly the same. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enMay 26, 2024

    The Economy of the Philippines

    The Economy of the Philippines
    The Philippines, a beautiful tropical archipelago of islands that forms one of the most important economies in the world today. This nation often flies under the radar as a quiet achiever but it is both interesting and important to understand because it may be the quintessential 21st-century growth nation, and that is not to say it is some super modern nation from the future, but rather it is to say that the story of the success and failures of the Philippines is by extension the story of the world today as more and more countries, modernize, embrace technology, trade internationally and bring their citizens into the global middle class. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enMay 23, 2024

    The Economy of the Soviet Union

    The Economy of the Soviet Union
    The Soviet Union is one of the most historically significant economies to understand, not only because it was the home to some of the most controversial economic practices ever, not only because it was a nation that altered world politics for the latter half of the entire twentieth century, or because it was home to one of the largest and most rapid economic declines in modern history, no no, all of that stuff is important and we will explore it, but more important than all of that is that even today, almost 30 years after the fall of the soviet union, the lessons of the nation and its economy are having lasting implications on the world today. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enMay 18, 2024

    The Economy of South Africa

    The Economy of South Africa
    South Africa is an economy that is really important to understand as a kind of potential outcome case study of inequality gone bad. The nation itself, on paper at least is not so terrible, it is actually one of if not the wealthiest nation in all of Africa, trading back and forth quite frequently with Nigeria. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Economics Explained
    enMay 12, 2024

    The World's Poorest Country is Sitting on $24 Trillion

    The World's Poorest Country is Sitting on $24 Trillion
    With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this does not have to be the case. The country has massive deposits of rare earth minerals including Cobalt, which is an essential input to the production of lithium-ion batteries. The mineral resources are estimated to be worth $24 trillion. So why is the DRC so poor? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Why Canada Is Banning Foreigners From Buying Homes

    Why Canada Is Banning Foreigners From Buying Homes
    Canada is banning foreign investors from buying homes for two years to address the pandemic-induced surge in home prices. Economists warn it could have long-term effects on the economy if not managed well. Other economies are closely watching Canada to see if the move pays off. Learn more about your ad choices. Visit megaphone.fm/adchoices

    Why India Is Stuck Between Poverty and Superpower

    Why India Is Stuck Between Poverty and Superpower
    Check out The Next Wave, Hubspot's AI podcast here: https://lnk.to/thenextwaveEE For decades now economists have been predicting that India would become an economic superpower, and in part, it has. India's workforce is younger than China's and wages are lower meaning they have been well placed to take low ticket manufacturing jobs from China. But could we expect to see India's economy grow and possibly even surpass China in the next decade? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Why Bangladesh Won't Be The Next China

    Why Bangladesh Won't Be The Next China
    Bangladesh has a troubled past, but it has been in a great position to grow dramatically in much the same way that its neighbour China has done in the recent past. Bangladesh is still a highly labour intensive market which makes it a great place to get T-shirts made, but a number of factors have made it painfully slow to develop beyond that. Could Bangladesh change things to become the next China? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Do Bank Failures Always Cause Recessions? (SVB)

    Do Bank Failures Always Cause Recessions? (SVB)
    Last year's banking crisis in Silicon Valley, where three banks including Silicon Valley Bank failed, caused bank runs and put pressure on other banks like Credit Suisse. This is reminiscent of past US banking disasters such as the Great Depression and the 2008 recession. Many economists predict that more banks around the world will face similar pressures, so what are the causes and potential consequences of these failures? Learn more about your ad choices. Visit megaphone.fm/adchoices

    Has The EU Actually Been Good For Europe?

    Has The EU Actually Been Good For Europe?
    Head to https://factormeals.com/eep50 and use code eep50 to get 50% off. The EU, a unique economic giant, acts similarly to the US federal government, hinting at a "United States of Europe" with its shared currency, policies, and trade deals among 27 states. Despite its near-federal structure, it lacks some federation benefits, posing issues for its members. With a $20 trillion output, second only to the USA, it wields significant global influence. However, its major economies face stagnant growth, mirroring challenges for smaller members. Learn more about your ad choices. Visit megaphone.fm/adchoices

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