A Natural Experiment The Korean peninsula is known to be a natural experiment: North and South Korea have the same history, culture, language, and geography, but they have been having very divergent economic outcomes. South Korea is an OECD country; it is very developed and has major industries, while North Korea often can barely afford […]

On February 2, 2023, the Bank of England announced that it will rise interest rates for the tenth consecutive time. The 0.5% increase brings interest rates to 4%, the highest level in 14 years. The decision was taken in response to rising inflation, which has been a major concern for policymakers in recent months. The […]

Stati Uniti, per la maggior parte di noi luogo dove si realizzano i sogni, paese in cui si può veramente dare un cambio alla propria vita, tant’è che ormai, da decenni, sempre più persone, provenienti dal tutto il mondo, provano a varcare il confine anche solo per avere un’opportunità che magari non hanno mai avuto. […]

Over recent years, but mostly during the economic and social crisis endangered by Covid-19, the creation of a European minimum wage has started becoming a hot topic, increasingly discussed and relevant. Indeed, according to many economists, this tool represents a useful instrument to ensure fair wages and social inclusion all over the Union. Even if […]