GLOBAL REMITTANCE POLICY:

Today, global remittance market has an important role in global economy. The exchange of currencies through remittances tells a lot about how a country can be affected by it. Remittance is a global phenomena and every country receive funds in form of remittances. In order to keep a stable flow of […]

MERGED CURRENCY:

Merged currency is a common currency used between one or more nations of the world. For example, in European countries, people don’t worry about any exchange rates because they know that the value of the euro will be the same in all the member states of the European Union. The advantage […]

IMPORTANCE OF HUMAN CAPITAL FOR THE ECONOMY:

Human capital is one of the most important factors of production in the economy. Human capital involves the skills and input of human beings who work in different areas of the economy. For example, industries, corporations, banks, businesses, etc. the economy surrounds the humans and it is necessary that human capital […]

TRADE DEFICITS AND ITS IMPACT ON ECONOMY:

The trade deficit is a term used to denote the situation when the number of imports of a country is greater than its export. Usually, the trade deficit is seen as an unhealthy indicator for the economy. Various areas of the economy are impacted due to trade deficits. It is not […]

External Debts and its effects

Foreign Aid, which is also called External debt is known to be a very important source of income for the countries that are currently in their development stage. Pakistan is one of the countries who rely much on foreign aid for the purpose of financing its balance of payments (BOP) deficit and also for the […]

IMPACT OF BREXIT ON TAXATION POLICY:

As the huge impact of both UK and EU is obvious because the UK has been part of the EU for decades. The Brexit referendum is surely going to impact different areas of the economy in the UK and EU. Taxation is one of the major parts of the economy which […]

EXCHANGE RATE POLICY AND ITS EFFECTS:

The very initial concern is what is the exchange rate policy? Exchange rate policy is the way in which countries manage their currency in comparison to foreign currencies and foreign exchange market as well. It is basically the rate at which the domestic currency can be converted in the other foreign […]

BENEFITS OF EURO FOR EUROPEAN MEMBER NATIONS:

Almost 340 million citizens of European nations use the euro as a common currency which includes almost all the nations. Euro is known as the merged currency of the European Union. All EU member nations are expected to follow euro at a certain time when they fulfil these conditions which include […]