Simply Economics

South Korea’s Economic Forecast Slashed Amid Global Uncertainties

Explore South Korea's revised economic growth forecast for 2025, now at 1.8%, as the nation grapples with weak consumption, export challenges, and political uncertainties. Discover how global factors, including potential impacts from Donald Trump's tariff plans, are influencing the semiconductor sector and the broader economy. Learn about the government's strategic response with economic stimuli and potential interest rate cuts, offering insights into the shifting dynamics of one of Asia's key economies and its implications for global markets.Sources:https://www.kaohooninternational.com/economics/550334https://www.governing.com/magazine/foundation-money-is-changing-the-economic-course-of-citieshttps://inshorts.com/en/news/ai-s-economics--why-marginal-costs-are-key-for-businesses-1735667579548https://www.yahoo.com/news/m/8cfbaeb3-78ed-3cc1-a326-0e8f40ff3ddc/china-manufacturing-activity.htmlOutline:(00:00:00) Introduction(00:00:41) South Korea Downgrades 2025 Economic Growth to 1.8%(00:04:06) Foundation Money Is Changing the Economic Course of Cities(00:07:09) AI’s economics: Why marginal costs are key for businesses(00:09:48) China Manufacturing Activity Gauge Signals Continued Expansion

Harnessing Pollution Markets for Sustainable Growth

Explore how pollution markets can drive economic growth while improving environmental quality, as highlighted by Michael Greenstone. Discover the success stories from Gujarat and the potential of emissions-trading schemes to reduce pollution without hindering economic progress. This episode delves into the intersection of economic policy and environmental stewardship, offering insights into sustainable growth strategies and equitable policy design.Sources:https://indianexpress.com/article/business/pollution-markets-growth-environmental-quality-michael-greenstone-9753778/https://globelynews.com/americas/interest-rates-2025-forecast-economy-inflation/https://www.kaohooninternational.com/uncategorized/550215https://mitchellnow.com/news/236632-secretary-of-state-announces-2024-q3-south-dakota-economic-report-prepared-by-dakota-wesleyan-university/Outline:(00:00:00) Introduction(00:00:45) Pollution markets can power economic growth and improve environmental quality: Michael Greenstone(00:03:53) Here's Why You Shouldn't Expect Interest Rates to Fall in 2025(00:06:46) 2025 Thailand’s Economic Outlook: Risks and Opportunities for Businesses(00:09:47) SECRETARY OF STATE ANNOUNCES 2024 Q3 SOUTH DAKOTA ECONOMIC REPORT PREPARED BY DAKOTA WESLEYAN UNIVERSITY

Economic Shifts: Nationalism in Southeast Asia and Kazakhstan’s Growth

Explore the rise of economic nationalism in Southeast Asia and its global implications, alongside Kazakhstan's impressive non-oil sector growth. Discover how AI is reshaping America's economic geography and the role of data engineering in transforming e-commerce resilience. This episode offers insights into emerging economic trends and their potential impact on global markets.Sources:https://thediplomat.com/2024/12/why-economic-nationalism-was-the-biggest-story-of-2024-in-southeast-asia/https://astanatimes.com/2024/12/kazakhstans-non-oil-sector-powers-5-1-economic-growth-in-2024/https://www.thestar.com.my/tech/tech-news/2024/12/30/how-ai-could-reshape-the-economic-geography-of-americahttps://www.outlookindia.com/hub4business/transforming-e-commerce-economics-through-data-engineering-innovation-how-modern-data-architecture-is-helping-e-commerce-platforms-navigate-global-economic-challengesOutline:(00:00:00) Introduction(00:00:44) Why Economic Nationalism Was the Biggest Story of 2024 in Southeast Asia(00:04:03) Kazakhstan’s Non-Oil Sector Powers 5.1% Economic Growth in 2024(00:07:16) How AI could reshape the economic geography of America(00:10:07) Transforming E-commerce Economics Through Data Engineering Innovation: How Modern Data Architecture Is Helping E-commerce Platforms Navigate Global Economic Challenges

UK’s Economic Strategy Under Scrutiny: Growth, Optimism, and Challenges

Explore the UK's economic landscape as Prime Minister Keir Starmer seeks regulatory input for growth, businesses express optimism for 2025, and Hawai'i faces slow expansion. Delve into the complexities of economic governance, business confidence, and the impact of national policies on local economies. This episode offers insights into the strategic decisions shaping the future of the UK's financial landscape and the delicate balance of growth and sustainability in Hawai'i.Sources:https://www.telegraph.co.uk/opinion/2024/12/30/keir-starmer-asks-regulators-economic-growth/https://www.thetimes.com/business-money/economics/article/businesses-optimistic-about-revenues-and-hiring-in-2025-0wp53d58rhttps://mauinow.com/2024/12/29/uhero-hawai%CA%BBis-economic-expansion-continues-but-slowly/https://www.theguardian.com/business/2024/dec/29/people-have-been-saving-more-thanks-to-pay-growth-and-cooling-inflation-but-they-will-need-to-feel-the-benefitsOutline:(00:00:00) Introduction(00:00:43) Asking regulators how to create growth betrays a poor grounding in economics(00:03:00) Businesses optimistic about revenues and hiring in 2025(00:05:58) UHERO: Hawaiʻi’s economic expansion continues, but slowly(00:09:03) People have been saving more, thanks to pay growth and cooling inflation, but they will need to feel the benefits

Global Economic Shifts: China’s Struggles and Turkey’s Bold Moves

Explore the intricate dynamics of global economics as China grapples with post-COVID challenges and Turkey's President Erdoğan defies conventional wisdom with his interest rate policies. Delve into Pakistan's promising economic indicators and the implications of inflation on the Canadian dollar. This episode offers a comprehensive analysis of how these economic narratives shape the global market landscape, providing valuable insights for those interested in international economic trends and policies.Sources:https://www.firstpost.com/world/5-things-about-chinas-struggle-to-get-out-of-covid-shock-to-its-economy-13848255.htmlhttps://www.turkishminute.com/2024/12/28/after-18-month-orthodox-economic-erdogan-again-vows-to-lower-interest-rate-to-fight-inflation/https://mettisglobal.news/key-pakistan-market-stats-and-economic-indicators-294/https://medicinehatnews.com/commentary/opinions/2024/12/28/economics-101-inflation-and-the-decline-of-the-canadian-dollar/Outline:(00:00:00) Introduction(00:00:40) 5 things about China’s struggle to get out of Covid shock to its economy(00:03:34) After 18 months of orthodox economics, Erdoğan again vows to lower interest rate to 'fight inflation'(00:06:53) Key Pakistan Market Stats and Economic Indicators(00:10:12) Economics 101: Inflation and the decline of the Canadian dollar

Pakistan’s Economic Resilience: A Path to Sustainable Growth

Explore Pakistan's promising economic trajectory as strategic reforms and fiscal prudence lead to macroeconomic improvements. Discover how increased exports, remittances, and a thriving agriculture sector are driving growth, while challenges like weather conditions and fiscal discipline remain. This episode offers insights into Pakistan's economic resilience and future prospects, making it essential for those interested in global economic trends and emerging markets.Sources:https://www.geo.tv/latest/581973-prudent-fiscal-management-strategic-reforms-paving-way-for-economic-growth-reporthttps://www.allotsego.com/the-myth-busting-economist-inflation-likely-to-rise-as-new-policies-are-enacted/https://www.tribuneindia.com/news/haryana/107th-annual-indian-economic-association-conference-begins-at-ku/https://gfmag.com/economics-policy-regulation/trump-tariff-war-canada-mexico-china-europe-protectionism/Outline:(00:00:00) Introduction(00:00:46) Prudent fiscal management, strategic reforms paving way for economic growth: report(00:04:43) The Myth Busting Economist: Inflation Likely To Rise as New Policies are Enacted(00:07:34) 107th Annual Indian Economic Association Conference begins at KU(00:10:27) Bracing For A Tariff War

Global Economic Shifts: Thailand’s Tax Moves and China’s Growth Forecast

Explore Thailand's innovative tax initiatives aimed at boosting economic growth and China's upgraded economic forecast by the World Bank. Delve into the UK's challenging economic outlook and New Zealand's worst economic slump since 1991. This episode provides a comprehensive analysis of global economic strategies and their implications for future growth.Sources:https://www.thailand-business-news.com/economics/184050-thai-cabinet-approves-tax-initiatives-to-stimulate-economic-growthhttps://news.az/news/world-bank-upgrades-chinas-economic-growth-forecasthttps://www.theguardian.com/politics/2024/dec/27/living-standards-outlook-2025-uk-resolution-foundation-ifshttps://www.rprealtyplus.com/international/new-zealand-worst-economic-slump-since-1991-118102.htmlOutline:(00:00:00) Introduction(00:00:40) Thai Cabinet Approves Tax Initiatives to Stimulate Economic Growth(00:03:33) World Bank upgrades China’s economic growth forecast(00:06:39) Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank(00:09:21) New Zealand Worst Economic Slump Since 1991

China’s Bond Strategy and Portugal’s Economic Resilience

Explore China's strategic shift in special government bonds to boost economic growth and Portugal's unique fiscal stance amidst European austerity. Delve into the potential global economic boom in 2025 and the impact of Nigeria's economic woes on cultural traditions. This episode offers insights into how economic policies shape global and local landscapes, providing a comprehensive analysis for our audience interested in economic trends and their real-world implications.Sources:https://www.kaohooninternational.com/economics/550094https://www.theportugalnews.com/news/2024-12-25/portugals-economic-growth-in-2025-a-unique-opportunity-in-challenging-times/94398https://www.thetimes.com/business-money/economics/article/why-2025-could-be-the-year-of-the-global-boom-gq9jk3krmhttps://www.aljazeera.com/features/2024/12/25/nigerias-celebratory-detty-december-turns-sombre-amid-economic-woesOutline:(00:00:00) Introduction(00:00:43) China Eases Investment Rules for Special Government Bonds to Fuel Economic Growth(00:03:57) Portugal’s Economic Growth in 2025: A Unique Opportunity in Challenging Times(00:06:44) Why 2025 could be the year of the global boom(00:09:58) Nigeria’s celebratory ‘detty December’ turns sombre amid economic woes

2025 Economic Outlook: Boom or Bust?

Explore the potential for a global economic boom in 2025, driven by US market optimism, AI advancements, and favorable fiscal conditions. Delve into the risks of market exuberance, the impact of migration on UK living standards, and the Federal Reserve's monetary policy challenges. Plus, gain insights into Thailand's export growth and its implications for emerging markets. This episode offers a comprehensive analysis of the economic landscape, highlighting opportunities and challenges for the year ahead.Sources:https://www.thetimes.com/business-money/economics/article/why-2025-could-be-the-year-of-the-global-boom-gq9jk3krmhttps://www.telegraph.co.uk/business/2024/12/24/surging-migration-masks-true-fall-living-standards-economis/https://blackchronicle.com/news/everyday-economics-without-major-policy-shifts-u-s-economy-likely-to-slow-further-in-2025/https://www.kaohooninternational.com/economics/550059Outline:(00:00:00) Introduction(00:00:43) Why 2025 could be the year of the global boom(00:03:34) Surging migration masks true fall in living standards, economists warn(00:07:07) Everyday Economics: Without major policy shifts, U.S. economy likely to slow further in 2025 - National(00:10:26) Thai Exports See 8.2% Growth in November, Align with Economist Projections

Gift Cards’ Hidden Costs and Venezuela’s Economic Surge

Explore the surprising economics behind unused gift cards and how they benefit retailers more than consumers. Discover Venezuela's unexpected lead in Latin America's economic growth for 2024, defying recent challenges. Plus, delve into the UK's economic stagnation and the NBA's financial hurdles affecting its global appeal. This episode offers a deep dive into the intricate connections between consumer behavior, economic policies, and market dynamics.Sources:https://theapopkavoice.com/stories/the-economics-of-unused-gift-cards,105414https://tvbrics.com/en/news/venezuela-leads-latin-america-in-economic-growth-in-2024/https://www.theguardian.com/business/2024/dec/23/uk-economy-stagnates-gdp-figures-keir-starmer-rachel-reeves-growthhttps://www.taipeitimes.com/News/editorials/archives/2024/12/22/2003828927Outline:(00:00:00) Introduction(00:00:39) The economics of unused gift cards(00:03:16) Venezuela leads Latin America in economic growth in 2024(00:06:30) UK economy stagnates as GDP figures revised down(00:09:51) The NBA’s problem is economics, not basketball