North Korea has always been a controversial/disputable topic to discuss. Now, why is there a North Korea and South Korea and not just KOREA? Korea was one single country but it got divided after the second world war. The Soviet Union occupied the North of the country and the USA
Category: Regions
CASE STUDY OF THE JAPANESE ECONOMY
Japan is an island country of East Asia located in the northwest Pacific Ocean. Being a part of the Ring of Fire, the country is prone to earthquakes and volcanic eruptions. It comprises an archipelago of 6852 islands with Tokyo as the capital. It is quite surprising to see that
EUROPEAN UNION – AN ECONOMIC CASE STUDY
European Union (EU) is a political and economic union which consists of 27 member countries. It acts as one economic unit in the world economy and is considered a major world trading power. They are subject to obligation and privileges of the membership. It focuses on comprehensive growth of all
ECONOMIC INEQUALITY: THE UNLIKELY OBSTACLE FOR ASEAN
In the last few years, The Association of Southeast Asian Nations (ASEAN) has become an economic entity that most other countries want access to. ASEAN comprises of ten countries in the southeast region of Asia, namely Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Brunei, Cambodia, Myanmar and Laos. These ASEAN nations
NORDIC ECONOMIC MODEL – IS THE GRASS GREENER ON THE OTHER SIDE?
At the time when the world’s richest 1% own 44% of the wealth and the lowest 56.6% people own less than 2% of the global wealth (source), many of the scholars, economists, politicians and policymakers are looking for ways to remedy the situation. In this backdrop, the Scandinavian countries of
UK’S ECONOMIC TURBULENCE AND WHAT THE FUTURE LOOKS LIKE
The last few months have presented some of the most difficult challenges mankind has ever faced. Throughout the course of time, there have been numerous events that have tested the resolve of humans, and we have more often than not emerged victorious in the face of such arduous difficulties. However,
DECODING SOUTH KOREA’S ECONOMY
The Korean War from 1950 to 1953 had devastating effects on the population of both the nations due to their hostile division. Families were torn apart with no form of communication and left South Korea in a state of poverty. While this impact in itself was colossal, South Korea had
KUWAIT EXPATRIATE BILL AND ITS IMPACT ON INDIAN IMMIGRANTS: GULF-INDIA RELATIONS
Historically, India shares economic ties with the Arabian peninsula, especially with the gulf regions alongside its eastern shores. The maritime trade route between the Indus valley civilization and civilization of Dilmun, located on the island of Bahrain and adjacent to the shore of Saudi Arabia was the first such route
A WALK THROUGH THE ISRAEL-PALESTINE CONFLICT
“It would be my greatest sadness to see Zionists (Jews) do to Palestinian Arabs much of what Nazis did to them” these famous words spoken by Albert Einstein are somewhere highlighting the whole Israel Palestine conflict in just a few lines. The emergence of this conflict can be dated back
THE CITY-STATE’S PATH TOWARDS A SMART NATION: SINGAPORE
The city-state of Singapore obtained its formal independence in 1965. Its condition during that period looked completely different from the state that it is enjoying now. Back then, the country was flooded with problems. There was an alarming unemployment rate with the majority of the population under poverty, lack of