Archive For The “Articles” Category

Outlook of Semiconductor

Outlook of Semiconductor

Outlook of Semiconductor By: Kim Tae Hwan Past and Present of the Industry A semiconductor chip is a complex and small-sized device which comprises of billions of components that store, transmit and process data. The chip-making industry began initially from the invention of the transistor, a simple device capable of regulating the flow of electricity,…

Economics of Sand -The Dollars & Sands

Economics of Sand -The Dollars & Sands

Economics of Sand – The Dollars & Sands Written by: Malvick Ong   “Nothing is built on stone; all is built on sand, but we must build as if the sand were stone.” Jorge Luis Borges Whenever articles examine commodities, the impression of oil, cobalt or gold with its growingly limited quantities and ever-increasing demand…

A Balancing Act: Big Tech

A Balancing Act: Big Tech

By: Brandon Sim In just over a decade, four companies, namely, Google, Amazon, Facebook and Apple (known as Big Tech) have completely revolutionised modern technology. With a combined market capitalisation greater than the GDP of the United Kingdom, their dominance and impact on our lives and in various industries has been staggering. However, the revelation…

How ASEAN Benefits From China’s Growth

How ASEAN Benefits From China’s Growth

Source: South China Morning Post, Tom Plate   Written By: Pau Khua Mung   As China focus its attention to a capital-intensive, high labour-productivity manufacturing as well as services industries, it has been looking towards ASEAN to transfer its manufacturing processes. Given ASEAN’s close proximity with China, coupled with its low cost of labour [7],…

Why Sub-Saharan Africa Remains Mired in Extreme Poverty

Why Sub-Saharan Africa Remains Mired in Extreme Poverty

Why Sub-Saharan Africa Remains Mired in Extreme Poverty Written by: Gerardus Yosari According to the World Bank, the region of Sub-Saharan Africa (SSA) in 2017 had a total GDP (US$) per capita of 1,574.77 and a population of 1.061 billion (World Bank, 2019).  For economic development, Sub-Saharan Africa is the most dependent on other continents…

Climbing Through Uncertainty: The Philippines

Climbing Through Uncertainty: The Philippines

Climbing Through Uncertainty: The Philippines By: Ibarra Jonel Mari Gabertan Inflation: A necessary evil? Inflation is a common term both in and out of the academic realm of economics which, simply put, refers to the percentage change in prices of goods over a period of time. It is estimated using the weighted average of prices…

Behavioural Economics In Healthcare Policy

Behavioural Economics In Healthcare Policy

Behavioural Economics in Healthcare Policy By Malvick Ong For all who took Econs 101, standard economic theory roots itself on the assumption that people are rational, self-interested and utility-maximising agents. As such, individuals are assumed to make optimised decisions by weighing the cost/benefit of competing options. Authors of Freakonomics, Steven Levitt and Stephen Dubner, succinctly…

Minimum Wage Law in South Korea

Minimum Wage Law in South Korea

Minimum Wage Law In South Korea By Kim Tae Hwan Introduction In recent years, South Korea has reached the brink of political transformation. With the end of the conservative party’s ten year ruling over the country, the idea of progressivism has spread, taking over more than half of the parliament, and even the Blue House….

China’s Need for a Change

China’s Need for a Change

China’s Need for a Change By Pau Paper, Gunpowder, Compass. These were great inventions from Ancient China that enabled advancement of the Chinese civilisation. Paper allowed for the record of knowledge. Gunpowder propelled countries to embark on a conquest over nations. The Compass guided explorers to charter through new territory. China was well-known for its…

Is China the next ‘Savior’ of Africa?

Is China the next ‘Savior’ of Africa?

Is China the next ‘Saviour’ of Africa? By Song Yinyin Fig.1 The FOCAC in session1 Unlike the cacophonous and grumble-filled first ever no-deal Asia Pacific Economic Cooperation meeting that broke off earlier November2, the ministerial meeting of the Forum on China-Africa Cooperation (FOCAC) held in Beijing in September was more than prolific. The vast majority…

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