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    Science

    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.

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    Copyright: © Economics Explained

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    Latest Episodes:
    Why Canada Is Banning Foreigners From Buying Homes May 01, 2024
    Show notes

    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.

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    Why India Is Stuck Between Poverty and Superpower Apr 29, 2024
    Show notes

    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?

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    The Failing Economy of Pakistan Apr 16, 2024
    Show notes

    Pakistan's economy has recently come under pressure due to high levels of debt, currency devaluation, floods, and high prices for imported food and energy. So how bad are things likely to get and what are the possible solutions?

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    Why Bangladesh Won't Be The Next China Apr 08, 2024
    Show notes

    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?

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    Do Bank Failures Always Cause Recessions? (SVB) Apr 05, 2024
    Show notes

    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?

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    Has The EU Actually Been Good For Europe? Apr 03, 2024
    Show notes

    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.

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    How Zimbabwe's Lithium Export Ban Could Transform it into Africa's Next Superpower Mar 30, 2024
    Show notes

    Zimbabwe has not had the best past economically speaking. But what they do have is as much as 20% of the world's demand for lithium, the biggest deposits in Africa. So now that the raw lithium export ban has kicked in, and refining operations have started in Zimbabwe itself, will the country gain a massive advantage by exporting this incredibly necessary component of computers, electric cars and the internet?

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    Why We Can’t Just Stop Oil Mar 25, 2024
    Show notes

    Oil and GDP are closely linked together, with the more oil consumed by a country generally meaning the higher the GDP of that country. With that said, energy costs of solar, wind and other technologies have come down substantially in recent decades meaning that "clean" solar power is actually one of the cheapest ways to generate electricity over its lifespan. So why haven't we switched completely over to solar? Well, it's not that easy.

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    Somalia is a Surprisingly Functional Anarchy Mar 21, 2024
    Show notes

    Head to https://factormeals.com/eep50 and use code eep50 to get 50% off.


    In this video we delve into Somalia's perilous economic situation after the government collapse in 1991, and reform in 2012. How are international relations, is there potential for recovery, and what lessons can we learn from this extreme economy.

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    Why Greece Is Suddenly Doing Really Well Mar 18, 2024
    Show notes

    Greece became infamous for their economic stagnation following adoption of the Euro and subsequent over-spending and debt accumulation. But in recent years their economy has been improving and, while it isn't out of the woods yet, there have definitely been big improvements that are worth celebrating. Are they still broke, or will Greece's economy be an example to others how to recover from financial meltdown?

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