socioeconomics
Which feels further away: the year 2016, or ten years ago? And which seems closer—2036, or ten years from now? Although these expressions describe the…
Diabetes imposes a multi-trillion-dollar toll on the global economy
Diabetes mellitus is a chronic metabolic condition and one of the most prevalent non-communicable diseases worldwide. Today, roughly one in ten adults lives with diabetes,…
Why taxing property during booms and subsidising it in slumps could protect housing markets
Financial crises may be intensified by the way mortgage lending and housing taxes are currently structured, according to new academic research. The study suggests that…
How algorithmic control shapes gig workers’ turnover intention in China: Evidence from relative deprivation theory
A recent study published in the Journal of Management Science and Engineering offers a fresh perspective on algorithmic control, challenging the prevailing assumption that it…
Closing the gap from the ground up: Regional development as a tool against global inequality
Income inequality remains one of the most important indicators of economic wellbeing, social justice and everyday quality of life. Unlike wealth inequality, which is often…
The Strange Logic Behind Cutting Exceptional Talent
Why do some of the most prestigious employers on the planet—iconic names like McKinsey, Goldman Sachs, and elite corporate law firms—invest so heavily in recruiting…
Labour Income Share in Transition: A Micro-Level Examination of China’s Economic Transformation
Since the mid-1990s, China’s labour share — the proportion of national income paid to workers as wages — has steadily declined. This long-term fall, however,…
New research reveals that households chasing higher savings rates can intensify economic downturns
In prosperous periods, savers tend to pay little heed to the modest variations in interest rates offered by banks. Yet when the economy begins to…
For Refugees from Ukraine, Employment Opportunities Outweigh Social Benefits
A recent study conducted by the ifo Institute and LMU Munich reveals that Ukrainian refugees prioritise better job prospects over higher social benefits when choosing…
No credit history? You could still prove your financial reliability
According to figures from the World Bank, approximately 1.4 billion people worldwide remain unbanked, meaning they have minimal or no access to formal credit. A…
Unemployment Benefits Seen as Better Option Than Low-Paying Jobs
You’ve likely come across the familiar expression: “It should be worth our time to work.” This notion is not exclusive to countries with limited public…
Most UK Gig Economy Workers Face Anxiety Over Ratings and Pay, Study Reveals
A recent survey led by the University of Cambridge has revealed that around two-thirds of UK-based gig economy riders and drivers – those working for…