Tag: economy

Taiwan’s Silent Revolution: Trust, Family, and the Forge of Cohesion

A Confucian web crafts Taiwan’s quiet rise to resilience Over 2,500 years ago, Confucius forged a creed amid China’s warring chaos—duty, trust, harmony as life’s keel, threading self to kin to society. This ethos, once Asia’s spine, melded with economics to weave a rare cohesion, where personal honor fuels collective ascent. In 1912, Sun Yat-sen … Continue reading Taiwan’s Silent Revolution: Trust, Family, and the Forge of Cohesion →

Economic Analysis of the European Pension Crisis: Structural Challenges and Inevitable Fiscal and Social Pressures

The pension entitlements of households in the European Union (EU) and European Free Trade Association (EFTA) countries, expressed as a percentage of Gross Domestic Product (GDP), can be categorized into private/funded pensions and unfunded pensions. Unfunded pensions primarily refer to retirement obligations promised by governments without pre-allocated reserves, relying on a pay-as-you-go (PAYG) system funded … Continue reading Economic Analysis of the European Pension Crisis: Structural Challenges and Inevitable Fiscal and Social Pressures →

The Decline of Europe’s Economy and the Shifting Global Economic Order: A Case of Institutional and Strategic Missteps

Over the past fifteen years, Europe’s economic position has deteriorated significantly. In 2008, Europe’s GDP was roughly equal to that of the United States, with both accounting for about 25% of global GDP. However, today, the U.S. economy has surpassed $26 trillion, while Europe’s total GDP has shrunk to just over half of that. This … Continue reading The Decline of Europe’s Economy and the Shifting Global Economic Order: A Case of Institutional and Strategic Missteps →