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Economics Explained - Why Nations Fail

Why Nations Fail

10/06/23 • 15 min

1 Listener

Economics Explained

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We wanted to highlight the paradox of global economic growth alongside isolated national crises. Why do certain economies like Lebanon, Sri Lanka, and Pakistan face collapse when the global economy is reaching unprecedented highs? We'll identify common factors behind these failures, and discuss potential solutions to safeguard other nations from similar fates.

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LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at ⁠https://www.linkedin.com/ee⁠. Terms and conditions apply.

We wanted to highlight the paradox of global economic growth alongside isolated national crises. Why do certain economies like Lebanon, Sri Lanka, and Pakistan face collapse when the global economy is reaching unprecedented highs? We'll identify common factors behind these failures, and discuss potential solutions to safeguard other nations from similar fates.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Previous Episode

undefined - Do We Need More Children, or Fewer Children?

Do We Need More Children, or Fewer Children?

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Economists can't seem to decide if we need more or fewer children? Does overpopulation drain Earth's resources too much or does an ageing population threaten economies? What challenges does either option present and can we solve this paradox?

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Next Episode

undefined - How Brunei Built the Laziest Economy in the World

How Brunei Built the Laziest Economy in the World

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Brunei is a welfare state, where the government basically pays for everything from national defence to schools, energy to heavily subsidised housing. But their oil reserves are running out and they aren't diversifying their export industry quickly enough to prepare for the day when they no longer have a free lunch.

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