Being big can sometimes, in itself, create an economic moat for a company. At a certain size, a firm achieves economies of scale. This is when more units of a good or service can be produced on a ...

Thus, economic efficiency is achieved: people to whom the tickets are most valuable get them. This poses the question: why aren’t ticket prices set higher in the first place? Raising prices ...

In other words, it reveals changes in the value of all goods and services produced by an economy—the economic output of a country—while accounting for price fluctuations. The real economic ...

The problem of economic development in the Global South remains as important as ever. For centuries thinkers have tried to explain why some countries grow rich while others remain poor, with varied ...

This may be good politics, but it is bad economics, lament economists advising the Finance Minister, who must balance the Budget without increasing taxes on corporations and the rich.

The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in ...

Sectors such as automobiles, retail, electronics and fast-moving consumer goods (FMCG) are driving this surge as many companies' sales remain below targets amid muted consumer sentiment, industry ...

Senior sources in the president’s team said the UK had no choice but to seek a trade agreement after the prime minister said his government’s success would be judged primarily on economic growth.

If she’s too busy with finance and doesn’t devote enough time to economic development, then that’s not a good thing. But she works hard and she’s got a good reputation for being across issues.” Nash ...