Cosmopolitanism in the EU
Since enacting and implementing the Treaties of the European Union (EU), European citizens enjoy the benefits of Cosmopolitanism in the […]
Globalization
Globalization refers to the process of increasing interconnectedness and interdependence among people, businesses, and countries around the world. It involves spreading ideas, information, goods, services, and technologies across national borders, leading to a more integrated and interdependent global economy. Globalization has positive and negative effects on society, including the economy, culture, politics, and environment. Some of the benefits of globalization include increased trade and investment, improved access to technology and resources, and greater cultural exchange. However, it has drawbacks, such as increased inequality, environmental degradation, cultural conflicts, and political competition. Globalization is a complex and multifaceted phenomenon that affects people and societies in different ways and requires pragmatic consideration and management.
Corona-Crash and the global economy
The Corona Crash in March 2020 significantly impacted the global economy, with many businesses forced to shut down and millions
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Importance of Social Interaction
Social interaction is fundamental for human well-being and societal evolution. It cultivates relational growth, community spirit, and support mechanisms, promoting empathy, understanding, and communication. Yet, individuals often require help navigating social environments, particularly in the digital age. As such, participation plays an indispensable role in personal and communal development. Additionally, understanding social conflicts stemming from differing ideas, beliefs, and status can lead to a more peaceful, equitable society.
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Social Order in Society
Social order, a dynamic, complex system enabled by various societal processes, encompasses diverse dimensions such as economic, social, political, and technological aspects. This article discusses the economic order, and elucidates the definitions of social and economic orders from an economist’s perspective. It also examines the relationship between societal subsystems, individual interactions, and social order. Furthermore, digital and government orders are explored, including their potential drawbacks, within the context of resource allocation, market failure, and social welfare.
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Risk-Sharing and the Corona Pandemic
How can risk-sharing help resolve the Corona Pandemic? Corona Pandemic is a global health risk that all economies face together.
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Renewable Energy Transition
The world needs a real renewable energy transition plan implemented asap from an environmental, economic, and political perspective. But are
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London and Europe’s Financial Capital
Over the last century, London has established herself as Europe’s financial capital by ensuring and developing economic certainty, legal stability,
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Social Distancing as a Health Risk Management Tool
Social distancing measures propagated by health experts and belatedly by governments worldwide as a means of health risk minimizer, are yet to unfold their full impact on health risk management caused by the COVID-19. Nevertheless, social distancing poses a high risk to the economic and social life of affected communities globally. Fears of a global economic slowdown have dominated discussions amongst the public, experts of different disciplines, politicians, entrepreneurs, and others.
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Impact of the Coronavirus Pandemics on the Economic Policy Adjustments in Germany and in the USA
How are Governments courageously dealing with the Coronavirus-Pandemic and the Corona-Crisis? Worldwide politicians are reacting very differently. Reactions to the pandemic have now become a war between optimism and pessimism. While some politicians realize how serious the current health crisis will be, others are busy procrastinating about an optimistic future. Early birds catch the worm and can navigate through the health crisis, taking leadership on flattening the pandemic spread of the Coronavirus.
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