Fiscal and Monetary policy:

Fiscal vs Monetary Policy

Modern economic systems are highly based upon a number of policies that contribute to the dynamics of economic activity. Fiscal and monetary policies are the crucial ones. Both are controlled by the government and central banks that have the controls like money supplies, inflation rates and the tax rates as well. […]

MODERN DAY ECONOMIC PROBLEMS:

economic problems

Economic advancement is one of the greatest changes that the world has experienced. Economic systems have increased output efficiency. World economies are integrated due to the output surplus that resulted in to trade. The list of positive impacts could be very much longer but the modern economies have also given birth […]

WHY PEOPLE PREFER DIGITAL PAYMENT?

DIGITAL PAYMENT

Technological advancement has made living easier and convenient. One of these conveniences is digital payments; a way through which electronic money is used for purchasing goods and services. People only need a credit card through which they can make payments anytime, anywhere. Doesn’t it sound so much convenient? Of course, it […]

IMPACT OF MONETARY POLICY ON REMITTANCES:

IMPACT OF MONETARY POLICY ON REMITTANCES

Remittances; funds sent by foreign workers to their home countries, are very much important to the economic growth of developing countries. The monetary policy of the country deals with the issues of inflation rates by increase and decrease in the money supply typically by the central banks. The relation between remittances […]

HOW TO DEAL WITH GLOBAL DEBT?

global debt

Global debt today is equivalent to 225 per cent of global GDP. This is and should be the main concern of countries today. The devil of global debt has somehow infected all the major and minor economies of modern time. The responsible contributors to such rise in global debt are the advanced […]