What Is the Balance of Payments?
The balance of payments (BOP) is a statistical statement of a country's international financial transactions over a particular period of time. It is regularly compiled by central banks and the International Monetary Fund (IMF), and tracks a country's financial movements against other countries. It...
The Influence of Economists on America
Since the founding of America, economics has been a driving force in the development of the nation's politics and decision-making. Over the centuries, many influential economists have left their mark on the country's history, from their economic theories to public policies that have shaped...
Does Israel Have a Good Economy? Israel is one of the most highly-developed countries in the world. Not only is it home to a population of almost nine million people, but it is also a major center for global business, innovation, and tourism. As a result, many tourists and potential...
Economic growth is the most important means by which most modern economies measure success, and it is a measure which governments often prioritize in their economic policies. As such, governments and economists alike are always looking for ways to ensure that economic growth is both sustainably and steadily achieved....
Time for the Fed to Declare Victory on Inflation?
As the Federal Reserve wraps up its August meeting, questions remain as to the central bank’s current strategy to combat inflation. Since the start of the global recession in 2008, the Fed has taken unprecedented steps to boost the economy and...
The world of finance has been slowly shifting toward digital currencies and away from traditional fiat-based currencies. The rise of cryptocurrency and blockchain technology has led to a number of advancements in the way business is conducted and the way money is sent and received globally. More and more...
Global Growth Is Slowing, But Not Stopping—Yet Growth of the global economy is slowing down, but not to the point of stopping. The global rate of economic expansion has been gradually shrinking since mid-2018, with economists expecting that numbers could fall even more in the following years. But what is...
Does High Inflation Matter? High inflation is a problem that occurs when the aggregate level of prices in an economy rises over a prolonged period of time. Knowing the effects of high inflation can help governments and businesses make informed decisions on how to manage their economic policies. In this...
Why Wall Street Is Snapping Up Family Homes
The recent years have seen major players from Wall Street and other investment firms deciding to start investing in the real estate sector. These firms are buying single-family homes in the hope of getting high returns in the coming years. In this...
For years, economists have grappled with the issue of how effective exchange-rate intervention really is. It is often thought to not be effective, or at best to be a tool of limited success. However, recent developments in economic thought have changed this view. Economists now accept that exchange-rate intervention...
