The China-Taiwan tension has grown notably in recent months. While military drills were carried out by China near Taiwan and live missiles were fired over Taiwan by China in response to the visit of the US House Speaker, the United States is repeatedly in the position that it will do whatever is needed and stand in favor of Taiwan. Moreover, China has repeatedly warned that it would use its military force to bring Taiwan under its full control, though Taiwan considers it a self-governed country. Consequently, the tension between powerful China and Taiwan, along with its allies including the United…
Author: Amir M Sayem
The sustainable development goals (SDGs), also known as global goals, have been rendered crucial global development efforts and helping to the development of the world in economic, social and several other terms since their adoption at a UN Sustainable Development Summit held in the United States in 2015. The SDGs, consisting of 17 goals and 169 targets, were listed in the UN Agenda 2030 at the end of the Millennium Development Goals with the intention to eradicate poverty and realize a sustainable world. Although the SDGs have been playing crucial roles in global development, they have not brought their intended…
Economic globalization is important for economic development across the world. Economic globalization, which indicates cross-border flows of goods and services, capital, people, data and ideas, has been immensely helping not only developed and developing countries but also less developed countries to improve economic conditions for several decades. It increases the scale of cross-border economic activities across the world and helps economic development through a variety of means including increasing trading opportunities between countries, allowing business organizations in developed countries to invest in developing countries and providing opportunities for making trade agreements. But the adverse impacts of economic globalization, which also…
There are many international conventions in the world. They are very important for the development of the world. Most international conventions made between two or more states are binding agreements to the contracting states but not all conventions. They bring good outcomes in economic, social, political and many other terms for all the contracting parties. Also, international conventions cover a range of areas including trade, science, crime, disarmament, transport and human rights. But there are notable flaws in international conventions. Consequently, many international conventions do not bring the desired outcomes for the contracting parties. For better outcomes of international conventions,…
Global cooperation is very important for the development of the world. Global cooperation has led to the development of many global and regional organizations and the development of the world in economic, social, political and other terms. It reduced extreme poverty, reduced economic instability, helped improve education and brought many other positive effects in the world. All countries are benefited from global cooperation. But there are some flaws and challenges to global cooperation. Consequently, the impacts of global cooperation are not as required in economic, social and other terms. Increased global cooperation is imperative for the economic development of all…
Geo-economics, rendered as the interplay of economics, geopolitics and strategy and the use of economic tools to advance geopolitical and economic objectives of nations, has become a significant aspect of the world in recent decades. Powerful countries including Russia, the United States and China use geoeconomic tools more. But less powerful countries also use geo-economic policies/strategies against enemy countries. The deep integration of global trade links and financial markets has made geoeconomic tools more powerful. Also, geoeconomic aspects will play significant roles, along with military powers, in world affairs in the future. But it sometimes causes heavy economic losses for…
The ranking is important to understand something in concrete terms. It helps to locate conditions and problems in a given area of concern and identify effective measures needed for addressing flaws and changing the existing social, economic, educational and other conditions. There are different sorts of ranking including corruption ranking, business environment ranking and ranking of educational institutes especially university ranking. The ranking of educational institutes that locates the respective position of educational institutes has a range of beneficial outcomes for educational institutes and students. It helps to identify which educational institutes are to be preferred for education and the…
The world has become advanced in the dissemination of information and views at present. Along with mainstream electronic and printed media such as television, radio and newspapers, there is a range of social media. Media disseminates information, opinions and public opinions in social, economic, political, environmental, public health, technological, cultural, religious, international affairs and other areas. Moreover, media outlets are increasing across countries. No doubt, media has been playing very important roles in the development of social, economic, political and other aspects in the world for a long. People have become more capable of disseminating their voices because of the…
Of course, access to credit is very important for economic development. It helps to boost economic growth, improve income distribution and reduce poverty. But access to credit is not good enough in many countries. It is given more in developed countries. But there is limited access to credit in many countries. This is an important problem, especially in less resourceful countries. This is mainly because of several reasons including inadequate financial resources, a lack of well-developed plans and institutional barriers. To facilitate the economic development of all in a society, it is important to provide access to credit to those…
Opposition political parties and civil dissents are repressed by the governments in many countries around the world. But repression is more in authoritarian or less democratic countries. In repression, different sorts of statements are given by ruling parties as justification for repression. Though there are differences in the justificatory statements of the repression, there are some statements that frequently appear including the destruction in the name of political demonstrations, a conspiracy against the state and the involvement of oppositions with foreign conspiracy. Of course, there are merits to such claims on some occasions but such claims are unfounded on many…