Since 2002, Turkey’s GDP growth relative to other developing and emerging economies has been slow. This is a sharp contrast to the previous economic growth and prosperity that Turkey enjoyed in previous decades. In more recent years, Turkey’s economic situation has only gotten worse, exemplified by the sharp decline in the value of the TurkishContinue reading “Turkey’s economic malaise”
Category Archives: Foreign Affairs
China’s currency manipulation
Most economists agree that China is a currency manipulator. In August 2019, the Chinese joined the likes of Japan, South Korea and Germany on the illustrious list of nations for who the US have designated currency manipulators. This came after the Chinese Yuan sank to a ten-year low to the US dollar after the formerContinue reading “China’s currency manipulation”
The Economic legacy of the Bush administration
An underrated President by many, George W Bush took office in 2001 amid a recession due to the collapse of the tech bubble that began in the 1990s. Bush’s first election was of particular controversy, due to the close margin of victory in Florida that pushed him just over the 270 electoral votes that wereContinue reading “The Economic legacy of the Bush administration”
Build Back Better?
During his Presidential campaign in 2020, Joe Biden ran on a ‘Build Back Better’ platform, promising to improve American infrastructure and public services in the aftermath of the coronavirus pandemic. Following its outbreak, the virus has caused a huge spike in unemployment, having risen from 3.7% prior to the pandemic to 13.5% at its peak.Continue reading “Build Back Better?”
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