WEPDAY25

Rethinking Fiscal Policy and Debt for a Post-Pandemic World Regional Trade Blocs How They Reshape Global Commerce Trade War Economics Tariffs Retaliation and Consumer Costs Understanding Trade Deficits Are They Always Harmful The pandemic COVID-19 did what no war or financial crisis had in recent history. It made the governments of the world spend money concurrently. Lockdowns closed businesses. Supply chains broke. Millions lost jobs. In order to avoid complete economic devastation, governments borrowed and spent to unprecedented levels. Today, decades later, the world suffers the repercussions. Debt is higher. Inflation has been persistent. Interest rates are up. Knowing the effects of fiscal policy in this new reality is important to everyone who owns a business and is a citizen. This course will discuss what is meant by fiscal policy and why it is important. Fiscal policy is nothing more than the use of spending and taxes to shape the economy. If the economy is not doing well enoug...

Title: Regional Trade Blocs How They Reshape Global Commerce. Globalization became the theme of global trade over several years. Tariffs were eliminated and supply chains were expanding to the continents implying the creation of one global market. In the present day that is changing. There is an increase in regional trade blocs. Neighbors have replaced the distant partners as countries are now considering neighbors as a source of trade and investment. The change is modifying the way goods move, supply chains are constructed, and economic power is distributed. The awareness about regional trade blocs is critical in business plans, in the policy makers who guide the evolving alliances as well as in anyone who attempts to grasp the trend of the global economy. Regional trade blocs entail accords between people of adjoining nations that reduce trade and investment obstacles. They may be as basic as free-trade zones where the members reduce tariffs among each other concerning goods and serv...