The Devaluation of Human Labour in the Creation of Wealth

Reliable financial institutions such as the International Monetary Fund, the World Bank, the Credit Suisse Research Institute confirm a new reality that has been gradually consolidating over the last decade and which has deteriorated dangerously over the last two years due to the peculiarities of the pandemic. In general, both billionaires and multimillionaires have increased …

Strategic Movements for the Future of Retail Trade

Measures of social distancing impose this new reality of life, which entails changes in the planning and daily life of citizens. These measures of social distancing will continue to exist, despite the forced closure of the market, and impose this new reality of life, in which traders and citizens will have to adapt. For their …

The New Forms of Labor Market after the Pandemic Era

The end of the pandemic that led to an unprecedented global crisis enables countries’ governments to restart their economies by learning from what they experienced through the crisis, always taking into account the potential of each economy they manage. The changes can be neither immediate nor excessive. The aim is to change the direction of …

Persistent High Inflation Prices Reflect Changes in the Real Economy

The inverse relationship between inflation and unemployment has been shown to be temporary-short-term and does not stem from inflation per se, but from unexpected inflation, which contributes to maintaining inflation. By the fact that inflation can contribute to the development of an economy, we mean the positive relationship between rising inflation, that is, the increase …

Trust and Compliance are the Foundations of Society

What would happen to a society if the deficit of trust grew? What would be the relationship of the individual with society and its institutions? And more specifically, what form would the citizen’s compliance take in terms of assuming the burdens that are due to him, and in particular of the tax burdens? It seems …

Inflation: A lot of Money chasing Few Goods

Price increases and inflation caused by specific factors, such as product shortages, supply / demand and liquidity. The natural or artificial reduction of the availability of a product contributes to a drastic increase of its price. Lack of duration makes the increase permanent. The ephemeral shortage eventually leads to a return of the price to …

Development Tips for Developing Economies

A grid of six central policies to improve both the productive activity of enterprises and the institutional framework that defines the underlying economic functions could be as follows: 1. Reduction of frictions from taxes and labor contributions, e.g. reduction of insurance contributions, solidarity contributions, income integration in a single tax scale, etc. 2. Implementation of …

Hyperinflation, Dollarization and the Giant Growth of the Turkish Economy

Turkish President Recep Tayyip Erdogan has fired three governors of the Turkish Central Bank since mid-2019 and is fighting high interest rates in every possible way, insisting on applying low interest rates to the Turkish economy to boost growth and investment. Its purpose is to avoid a giant tsunami of bankruptcies for both businesses and …

The Opportunity for Change for Businesses After the Covid-19 Era

After the Covid-19 era, opportunities arise for both governments and businesses. More specifically, governments and businesses, respectively, operated in isolation, before the onset of the pandemic, resulting in unsustainable economies and societies dependent on state support. Governments can now create stronger, more resilient, and more just societies. On the other hand, companies can advance this …

Artificial Intelligence and the Digital Transformation of Business

The digital transformation of businesses is based on the collection and utilization of data generated in an efficient, useful and profitable way. The framework of transformation, Data Analytics and Artificial Intelligence Transformation Framework, combined with the use of advanced analysis methodologies in cloud computing technologies, are key tools of success. The Data Analytics and Artificial …

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