Posted on Jun 13, 2025 in Digital Finance, Policy & Regulation
Will Financial Literacy Be Mandatory to Obtain Credit?
Credit has become inseparable from modern life. People use loans to buy homes, pay for education, launch businesses, or manage emergencies. Companies rely on credit to finance operations and expansion. Yet despite its importance, borrowing often takes place without a full understanding of what it really means. Interest rates, compounding costs, hidden fees, and repayment schedules remain mysteries for many borrowers. This lack of understanding contributes to rising default rates, financial distress, and fragile credit systems. Against this backdrop, regulators and banks are asking a provocative question: should financial literacy be mandatory to obtain credit? The idea challenges long-standing assumptions about access to lending and forces us to think about whether knowledge should be a gatekeeper to borrowing.
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Posted on May 17, 2025 in Digital Finance, Policy & Regulation
Why Lending Is More Popular In Developed Economies
In many developed countries, borrowing has become part of daily life. Mortgages, credit cards, car loans, and student financing are woven into the financial fabric. By contrast, in regions with weaker financial systems, people often rely on cash, family, or informal lending networks. The contrast is striking and invites a deeper look: why do developed economies lean so heavily on loans? The answer lies not just in wealth, but in trust, infrastructure, and cultural familiarity with debt. Personal stories from borrowers in different parts of the world bring these dynamics to life.
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Posted on Apr 22, 2025 in Policy & Regulation
Antitrust Enforcement Around the World: A Comparative Analysis
Competition is often celebrated as the lifeblood of markets, yet the reality is that unchecked dominance can suffocate innovation and harm consumers. Around the world, governments have developed antitrust frameworks to prevent monopolies from tilting the playing field. But how these rules are written and enforced varies dramatically by region. Some rely on courtroom battles, others emphasize preventive regulation, while emerging economies use hybrid approaches that blend competition law with broader industrial policy. Exploring these differences reveals not only the strengths and weaknesses of each model but also the way economic history, culture, and political priorities shape enforcement. Antitrust is never just about economics—it reflects how societies balance fairness with growth.
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Posted on Mar 1, 2025 in Global Trade & Banking, Policy & Regulation
The Impact of Globalization on Unemployment Rates
Globalization is often described as the defining economic trend of the last fifty years. It has integrated markets, created massive flows of goods and services, and shifted entire industries across borders. But while globalization has opened opportunities, it has also complicated job markets worldwide. Some regions have enjoyed a surge in employment as factories and service centers expanded, while others have struggled with rising unemployment due to outsourcing and offshoring. The impact is rarely uniform. It depends on industry structures, government policies, and how adaptable workers are to new demands. Understanding the connection between globalization and unemployment requires looking beyond broad trends to examine how trade, outsourcing, and policy choices interact to shape employment outcomes.
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