Economics - Catalyst

The True Price of Gold: The Implications of Illegal Gold Mining in the Amazon

December 3, 2021December 4, 2021 Emily Duecker

In early October, two young Indigenous boys drowned while playing on the banks of a river in the Amazon River Basin. At face value, this story stands as a tragic accident. Nonetheless, it is representative of a much darker reality: the impacts illegal gold mining has had on the Indigenous people and their land.

The COVID-19 Pandemic: Spreading but Not Travelling

November 26, 2021November 26, 2021 Mayah Esmail

Globally, the negative repercussions of the ongoing COVID-19 pandemic have been experienced by numerous sectors that contribute to the world’s economy, including international travel and tourism. Border closures and restrictions regarding non-essential travel in an attempt to contain the virus heavily affected such travel rates and the accompanying industries within these sectors, resulting in millions of jobs lost, a decline in tourism, and a substantial loss in the GDP - both worldwide and within nations.

The Canadian Labour Shortage: Who is to Blame?

November 25, 2021November 23, 2021 Claudia Velimirovic

It is not that Canadians are unwilling to accept work; rather, they are unwilling to accept the conditions offered to them for the payouts received. Canadians are no longer eager to receive low salaries for dead-end service and hospitality jobs.

Taiwan: Is “Meaningful Representation” Possible?

November 7, 2021November 6, 2021 Laurie Chan

Through the lens of history, Taiwan has always been a part of China - will history repeat itself or will Taiwan pave a new way?

Lebanon’s Seemingly Endless Search for Stability

October 31, 2021October 31, 2021 Santhindu Wijesooriya

Today, Lebanon is feeling the effects of a war it is fighting against no one, but itself. Its economy has plummeted and social unrest has been a key repercussion of everything that has gone on over the past two years. A sense of lawlessness has erupted and altercations between different ethnic groups have become increasingly prevalent for the first time in over 30 years, corresponding to the end of the last major internal crisis the nation of Lebanon has dealt with.

Automation and Post-Scarcity: ‘Utopia’ for the Global North, But What About the Global South?

October 28, 2021October 28, 2021 Tanay Suryavanshi

Automation could lead to an era where the necessity of labour would be minimal. While this situation could alleviate the needs of many, the path to getting there could create issues in the relationship between the Global North and the Global South by radically altering the face of foreign direct investment.

From The Sick Man of Asia To Economic Miracle: China’s Poverty Alleviation Program

June 25, 2021November 10, 2021 Ruolan Ma

Reflecting on the 40 years of exploration, it is clear that China uses its unique approach of centralized management, intensive and targeted goals, and strategically adapts to local conditions to transform from an insignificant global economic competitor to the second-largest economy in the world.

Ecosystem Accounting: A Novel Approach for Measuring Growth

May 26, 2021November 10, 2021 Sofia Mikton

On March 10 2021, the UN Statistical Commission adopted a new framework for measuring economic prosperity. Formally known as the System of Environmental-Economic Accounting — Ecosystem Accounting (SEEA EA, or ecosystem accounting), this new framework recognizes natural capital as an … Continue reading

The Truth Behind the 2022 World Cup: Qatar and Its Troubling Labour Laws

May 19, 2021November 10, 2021 Joel Sawmadal

The burden of meeting high expectations for the 2022 World Cup have been largely shouldered by the country’s large population of migrant labourers who form the basis of the crews of the construction projects.

The Overlooked Inequality Present in Gulf Nations

May 14, 2021November 10, 2021 Santhindu Wijesooriya

If, as the rest of the world moves towards equality and justness, the Gulf moved in the same direction, many migrant workers would benefit and live better lives as a result. This is only possible, however, if Gulf nations recognize their faults and work to reverse them by giving migrant labourers more opportunities and benefits like those of their own citizens.

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