Essays on World Economy

Genetically modified (GM) crops have consistently increased recently. In 1994, the first commercial genetically modified crops were planted. A significant area of GM crops was planted which was approximately 1.66 million hectares in 1996. Since 1996, there has been a large increase in planting, and...

As the name implies, it is quite self-explanatory. It is essentially a simple banking system that obeys the Shariah Law and also looks into developing Islamic economies by application. This system consists of small conditions such as the ban of commodities that disobey the legal...

In a world more and more complex, the competition is tough and formidable. Everyone tries to stand up as much as possible. That is why the number of start-ups launched each year is astonishing, we are talking about more than 650,000 of them only in...

For the past few decades, venture capital has attained substantial growth, especially in developing economies where a considerable increase in economic activities has been observed of late. The main reason for this could be the search for different profitable markets that have gone through economic...

The last 50 years have been considered as the most innovative years in human life, driven by a new era of entrepreneurship. The millennial generation, motivated by risk-taking startups, wealth and innovation, have eternally shaped the world’s economy, with $254 billion invested globally in 18...

Thomas Friedman in his article “It’s a Flat World, After All” emphasizes on one main point which is technology. Throughout his article he mentions how technology has taken over the world, how technology made Bangalore, Beijing and Boston neighbors overnight. Friedman also mentions how the...

With the new Silk Road, otherwise known as the Belt and Road Initiative, there raises the question is this truly good? China is for all intents and purposes an autocratic regime. Meaning that if the Chinese government wanted to introduce their form of government to...

In 2013, Chinese President, Xi Jinping announced the launch of the Belt and Road Initiative (BRI). This project, described as a “Silk Road for the 21st Century” would be the worlds largest infrastructure project, encompassing 65 countries over 3 continents, comprising of 32% of world...

China and Italy have enjoyed a mutually beneficial relationship for centuries, in terms of commerce, economy and culture. In this essay, I will examine the early stages of the Sino-Italian relationship, dating back to the Roman Empire. I will then focus on the importance of...

We’ve all heard of gold, but what exactly is it? According to goldprice.com, “The first reliable evidence found of when gold was discovered was in ancient Egypt around 3,000 B.C.” It played a very important role in their mythology and it was very valuable to...