Economics

A circular economy is a systemic approach to economic development designed to benefit businesses, society, and the environment. It is also referred to as “circularity”,…

A business offering shareholders the option to buy additional shares of the company, usually at a price lower than the market price, is provided with…

In the context of the Bretton Woods fixed exchange rate system, the special drawing right (SDR) was created as a supplementary international reserve asset. The…

The platform economy is an increasing number of businesses are starting to adopt the platform business model and its digital strategies in order to remain…

Productivism is a doctrine or theory that increasing productivity is the primary goal of socio-economic activity. It is also known as, growthism is the belief…

A new global monetary structure was developed by the 1944 Bretton Woods agreement. 730 delegates, who were the leaders of the 44 allied nations attending…

A sharing economy is defined as an economic system in which assets and services are shared between private individuals. In capitalism, it is a socio-economic…

A steady-state economy is an economy structured to balance growth with environmental integrity. It is an economy made up of a constant stock of physical…

Ecoleasing is a system in which goods are leased to the customer over a certain period of time, after which he returns the item so…

The Country Risk Premium (CRP) is characterized as the additional returns that the investor expects in order to bear the risk of investing in international…

Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes. It is a type of…

An emerging market economy (EME) refers to a country which is becoming more advanced in the process of developing its economy. It is a nation…