Philanthropy’s Economic Impact and Diverging Growth in Global Markets

In this episode, we explore the economic implications of philanthropy, revealing that global individual giving reaches $1.3 trillion annually. We also discuss a new study challenging the effectiveness of tariffs in American manufacturing, and analyze the contrasting economic growth rates of the US and South Korea in Q3 2024. Additionally, we examine the surge in foreign investments in Israel amidst ongoing geopolitical tensions, highlighting the resilience of its economy. Join us for a comprehensive look at these pressing economic issues.

Sources:
https://vir.com.vn/citi-report-discusses-economics-of-philanthropy-117197.html
https://www.aei.org/economics/again-tariffs-didnt-make-american-manufacturing-great/
https://keia.org/the-peninsula/us-and-south-korean-economic-growth-diverge-in-q3-2024/
https://www.jpost.com/opinion/article-827396

Outline:
(00:00:00) Introduction
(00:00:40) Citi report discusses economics of philanthropy
(00:03:18) Again, Tariffs Didn’t Make American Manufacturing Great
(00:06:36) US and South Korean Economic Growth Diverge in Q3 2024 - Korea Economic Institute of America
(00:10:07) Foreign investments surge as Israel shows economic resilience amid war