As cries of hyperinflation arise amidst a seemingly never-ending inflationary spiral in major economies such as the US and UK, Switzerland emerges as one of the only nations enjoying continued growth in living standards and prosperity in 2022. An economy heavily dependent on the financial and services sector, the Swiss has historically witnessed strong economicContinue reading “Swiss inflation shortage?”
Category Archives: Fiscal Policy
Singapore’s success
Touted as the second freest economy in the world behind Hong Kong in 2014, Singapore enjoys an exceptionally high standard of living with one of the world’s strongest economies. A GDP (PPP) per capita of $95,000 in 2017 – over twice that of the UK, GDP growth has averaged 7% since 1970 – far exceedingContinue reading “Singapore’s success”
Saudi’s struggles
Renowned for its excessive oil reserves, Saudi Arabia is one of the largest economies in the world. Its economy is the largest in the Arab world with a GDP of $700bn, far exceeding that of Egypt in second place with a GDP of $360bn. With this said, the long-term health of the Saudi economy isContinue reading “Saudi’s struggles”
Risky Rishi: Cost of living crisis
Political gambles by Sunak have reached new highs with his action, or rather inaction, in helping households survive the cost of living crisis. Perpetuated largely by Central Banks, the inflationary crisis has plunged millions into poverty. Absolute poverty is set to rise – a first in decades, the largest fall in living standards since theContinue reading “Risky Rishi: Cost of living crisis”
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