Category: International Finance

Local Economic Development in Sub-Saharan Africa – Kasey Mosby

Due to the recognition of possible exploitation of the Sub-Saharan African (SSA) region, there have been measures put in place to protect the economies and workers within the region. The goal of the 1977 Foreign Corrupt Practices Act (FCPA) is to lower the chance of bribery and corruption in Africa. However, officials in Africa are still being bribed by foreign… Read more →

Blog Post #4 – Coronavirus Wrecks Havoc on Unemployment and Small Businesses

As China’s economy continues to struggle due to uncertainty stemming from the coronavirus pandemic, unemployment continues to rise in mainland China and thousands of small-businesses are struggling to keep their doors open. The cumulative effects of these problems will seriously impact China’s GDP and scars will remain long after this pandemic is over. Since the beginning of the pandemic in… Read more →

China Demonstrates that No Economy is Immune to the Effects of the Coronavirus – Elizabeth Elliott

The Chinese government is working to expand domestic demand in order to promote public consumption. This investment in the public is to be funded by special central and local government bonds, and could be worth as much as 4-5 trillion yuan, or $566-708 billion, for the year. Despite these efforts, China still faces a major problem. Rural Chinese have essentially… Read more →

Elizabeth Elliott: The Necessity for Reconciliation to Save the Global Economy

The relationship between China and the global economy is changing daily. Before spring break, I was examining how the novel coronavirus was affecting China’s position as the largest economy in the world. Now, headlines have shifted as the U.S. has more cases of the virus than any country in the world and it is becoming increasingly imperative that the U.S.… Read more →

Economic Consequences of the Coronavirus by Ben Ke

Due to the ongoing coronavirus crisis, global stock markets have been falling each day over the last week, amounting to the worst decline since the global financial crisis in 2008 (He). The virus has spread to every continent except Antarctica since Wednesday, February 26 when Brazil confirmed its first case involving a 61 year old man who travelled back from… Read more →

China and the International Impact of Coronavirus – Elizabeth Elliott

I wrote my first blog post about the potential the coronavirus had to harm the Chinese economy and, by extension, the global economy. It is crazy to see the evolution of what were theories and possibilities just four weeks ago develop into realities that are shaping the international economy now. The S&P 500 index fell to its worst loss in… Read more →

China’s Direct Investment in Sub-Saharan African Infrastructure – Kasey Mosby

Poor infrastructure in Sub-Saharan African (SSA) is an inhibitor to economic development in the region. The infrastructure in many SSA countries are lacking in terms of quantity, quality, and access. Inadequate infrastructure increases production costs of exports, which lowers the competiveness of the region’s exported products. In a 2010 study, researchers used a large data set to predict the impact… Read more →

Blog Post #3 – Decrease in China’s Economic Growth Attributable to Low Birth Rates – Alex Schattner

According to the National Bureau of Statistics, in 2019, the Chinese economy grew at its lowest rate since 1990 and many experts believe that this can be attributed to the decreasing birth rates in China. Although the 6.1% growth in China’s GDP is decent, especially for a country in the emerging market, it is nothing compared to the impressive growth… Read more →

Consequences of the U.S. China Trade War Felt Throughout the World – Elizabeth Elliott

Since the beginning of his presidency in 2016, Trump has repeatedly accused China of unfair trading practices, leading to the onset of the trade war between the U.S. and China in 2018. Trump had intentions of promoting the selling and purchasing of American made goods, but the trade war has led to the loss of 300,00 American jobs and Americans… Read more →

Education to Sustain the Economy (Topic: Innovation in India)

    Since its emergence as a global player in the technology sector, India has branded itself as the world’s leading outsourcing destination for multinational companies. In a shift of economic development, in the midst of the Fourth Industrial Revolution, India is increasingly perceived as capable of reinventing itself due to demographic changes and the formation of a formidable knowledge… Read more →