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Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.

How Buy Now, Pay Later Is Changing Household Finance

Interest-free "buy now, pay later" services are growing in popularity, allowing consumers to break up expensive purchases into 4 or more monthly payments. Is BNPL a great tool for cash-strapped consumers, or a financial risk?...
4 min read
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Factors of production Labour markets Business economics Competitive markets

Comparative Advantage in the Age of Automation: The Impact of AI on Global Trade Dynamics

Published on February 09, 2025

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Competitive markets Managing the economy Factors of production

The Resource Curse and Institutional Failure: Economic Rent-Seeking and Development Challenges in Africa

Published on January 12, 2025

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Definitions Global economics Factors of production

Theory of Absolute Advantage

Published on December 18, 2024

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Factors of production

Economics as a Pillar of Public Health: Addressing R&D Imbalances Through Public-Private Partnerships

Published on November 30, 2024

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Definitions Factors of production

Non-Renewable Resources

Published on November 19, 2024

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Definitions Competitive markets Factors of production

Economic Efficiency

Published on October 23, 2024

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Behavioural economics Definitions Business economics Factors of production

Frictional Unemployment

Published on October 17, 2024

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Factors of production Managing the economy Global economics

MITI and the Economic Development Miracle of Japan

Published on September 21, 2024

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Definitions Factors of production

Economic Rent Definition

Published on August 03, 2024

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Behavioural economics Business economics Competitive markets Factors of production

Navigating the Learning Curve: Why AI Helper Firms Thrive in Early-Stage Markets

Published on June 08, 2024

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Older Posts
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How Purchasing Power Parity Explains the Boom in International Retirement Services

Retirees are using purchasing power parity to stretch their savings by relocating to lower-cost countries like Spain....
3 min read

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Customer loyalty programs often make regular customers eligible for free products after a certain amount of purchases.
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Consignment stores and online clothing resale sites are part of circular markets for used goods.
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