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Measuring Economic Development: GDP vs. Human Development Index

When it comes to measuring economic development, GDP and the Human Development Index (HDI) are two commonly used metrics. While GDP focuses on the monetary aspect of a nation’s progress, HDI takes into account a broader set of factors that impact the overall well-being of its citizens. In this economic research blog post, we will delve into the significance of both indicators, their differences, and why using just one may not provide a comprehensive picture of a country’s development.

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Economic History: Lessons from Past Financial Crises

Financial crises are not new to the world of economics. Throughout history, economies have faced periods of turbulence, often resulting in widespread economic turmoil. In this economic research blog post, we delve into the annals of history to extract valuable lessons from past financial crises, offering insights that can help us navigate the uncertain economic landscape of today.