212 episodes
Economics Explained Economics Explained
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- Business
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4.7 • 43 Ratings
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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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The Failing Economy of Pakistan
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
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)
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?
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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
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
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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Customer Reviews
Why Africa is still poor
I love your podcast and especially its international variety but did you get the country right when, in Why Africa is still poor, you said when you arrived in South Africa, you got into an armoured car, and stayed in a gated community and then left? Sounds like somewhere else? We walk on beaches/mountains, shop, play in public parks, go to movies and restaurants- and all in v ordinary cars.
Brilliant
It is fantastic
Concise and informative
These episodes are concise, accessible and informative, making for a great podcast. Just listened to the Belt and Road episode - refreshingly objective given the hysteria about China. The rise of China poses an existential threat to democracy, but that makes it more important to analyse it. Hysterical debt-trap myths may even benefit China by diverting attention from what it is actually doing, as set out here. (Episode on internationisation of Chinese currency next?). (See also the China and the Global South podcast, researched by neither Westerners nor Chinese for rigorous analysis on this from developing World perspective).
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