Before looking forward to 2050, we must first look back at the key economic and social developments during the past half a century, and perhaps look even further back than that. The rapid rise of emerging economies during the last 50 years is truly astounding in the long-term historical context. Developing economies now account for over half of the global output (55%, in PPP terms).
Stephen Smith, author of Taxation: A Very Short Introduction, tells us 10 things we need to know about taxation, and gives us an insight into why we need taxes, how economic processes determine taxes, and how they can make political change.
One of the issues that distinguishes Donald Trump from mainstream Republicans — aside from his bigotry towards Mexicans, women, and Muslims—is his opposition to free trade, which has been a staple of Republican ideology since shortly after World War II.
Cycling has always been a global activity, and in the 21st century a marketing phenomenon. At its simplest, the bicycle is a functional form of transport that was invented sometime in the early 19th century, although attribution to a single inventor is not possible as there appear to have been a number of prototypes developed throughout Europe.
BHS is, or perhaps that should read was, a familiar presence to shoppers across the UK, with over 160 stores in high streets and shopping centres. The general merchandise retailer combining clothing and home products had traded for nearly 90 years before it was placed into administration in April 2016.
Amidst the uncertainty around what will happen after Britain’s historic vote to leave the European Union, there is some clarity about the next steps. Boris Johnson, the prominent Leave campaigner and PM contender, has set out his views in a newspaper article in which he says that Britons will have the right to live and work in the EU.
Where will Uber stop? After the news that the Saudi’s have decided to invest $3.5bn in the company, came details of a further $2bn Uber wants to raise from financial markets using tecniques never deployed before by a start-up.
Indian multinationals have been quick learners in internationalization both in scale and speed. One of the core strengths of Indian firms is to extract maximum value from even ailing businesses by applying innovative and cost effective methods that they have developed over the years in an extremely resource constrained and uncertain domestic environment.
Current statistics show a startling lack of diversity in corporate boardrooms. In February 2014, Fortune reported that just over 4% of Fortune 500 CEOs were minorities, a classification including African Americans, Asians, and Latin Americans. This is particularly disturbing given that these classifications of minorities comprised 36% of the United States population, and that many top business schools boast that ethnic or racial minorities comprise 25% or more of their student bodies.
Corporations became places for evangelical activity and expression and businessmen—sometimes working individually, sometimes collaboratively—shaped what we think of today as conservative “Christian” culture and politics. Here are 7 facts you may not know about the culture and history of Christian business.
On 23rd June 2016, a referendum will be held in order to decide whether Britain should leave or remain in the European Union. In light of this, we have put together this reading list.
Has inequality increased over the last several generations? The answer depends upon the “currency” for inequality assessment. An item has been distributed among the population of interest, and we are using a number to summarize that distribution. But which item is it?
In recent years, numerous phenomena in Chinese society have worried the informed elites and have angered the common citizens. On the one hand, government power has been expanding, the monopolies of state-owned enterprises, especially central enterprises, have grown, and consumption of public funds and official corruption have become rampant.
The retail side of banks’ business culture is of particular political significance; public disapproval of wholesale and shadow banking behaviour flow less readily into voter intentions. It is through the prism of experience of retail banking that politicians and the public believe themselves to be afforded insight into banks’ failure in these more remote areas
When you book an airline ticket, you trust that the pilot assigned to this flight is sufficiently knowledgeable and competent to fly the aircraft. In fact, you expect the pilot to be a professional that has gone through many hours of flight training and theoretical study.
It is hard to imagine two politicians that are further apart ideologically than Bernie Sanders and Donald Trump. Nonetheless, these two presidential candidates have a lot in common: their outsider status, their unrealistic fiscal plans, and a desire to punish foreigners for America’s economic problems.