Financial openness has been an important topic of discussion in the economics literature. One of the potential benefits of financial openness is its positive impact on productivity growth. The argument is that financial openness allows for greater access to capital, which can lead to increased investment, technological progress, and ultimately, higher productivity levels. In thisContinue reading “Commentary on Financial Globalization and Productivity Growth”
Category Archives: Discussion
A Comment on Navigating the Debt Legacy of The Pandemic
In their article, Kose, Ohnsorge, and Sugawara (2021) proposed several measures that countries could take to address debt-related risks before the next crisis or pandemic. However, it is important to note that the suggestions might need more details. Hence, this post serves as a comment that would contribute to more detailed measures. The first suggestedContinue reading “A Comment on Navigating the Debt Legacy of The Pandemic”
This Too Shall Pass
Getting too much or too little of anything indicates a non-optimal state. It means that being in such a condition is not being at equilibrium since it is not in the appropriate portion and place. For instance, excessively feeling happy, such as euphoric could lead an individual to be off guard and ignore something thatContinue reading “This Too Shall Pass”
On Reminiscence and Nostalgia: Harnessing The Past
We cannot walk alone. And as we walk, we must make the pledge that we shall always march ahead. We cannot turn back. – Marthin Luther King, Jr. (1963) There are days when individuals look back to the past, recall certain events, and experience nostalgia. Aside from explicit reminders of the past e.g. visiting momentousContinue reading “On Reminiscence and Nostalgia: Harnessing The Past”
The Significance of Having A Life Purpose
What is the purpose of your life? Together with other existential questions, this could be both easy and difficult questions to answer. While some might argue that people could live their life like flowing water, it is worth noting, however, that the answer one gives to this question – hence revealing his ultimate purpose –Continue reading “The Significance of Having A Life Purpose”
Mind Our Own Businesses and Maintain The Courage to Continue
Recently, someone had reminded the author about a unique feature in a data analysis software which provides users with some motivational quotes from famous public figures. One of the quotes was from Winston Churchill that said, “Success is not final, failure is not fatal. It is the courage to continue that counts.” This quote could beContinue reading “Mind Our Own Businesses and Maintain The Courage to Continue”
The Grass is (Not Actually) Greener on The Other Side
“For where your treasure is, there will your heart be also“ According to Cambridge Dictionary, the idiom of ‘the grass is always greener on the other side’ constitutes something that someone expresses to say that other people’s lives always seem to be in a better circumstance than his/her, although it may not be entirely true. It is also about an individual’s point of view with regards to other’sContinue reading “The Grass is (Not Actually) Greener on The Other Side”
Reconsidering The Self-Investment
“By far the best investment you can make is in yourself” – W. Buffett Awareness of safe investment is raising nowadays as the economic situation becomes more uncertain and volatile. Besides, rational people are more likely to try to maintain or even increase their net worth through prospective ways, including investment. When mentioning the termContinue reading “Reconsidering The Self-Investment”
Set Up A Growth Mindset
Mindset is like a prow which directs someone’s acts and behavior toward something that it has set initially. Mindset in this post refers to belief regarding individual’s own nature of human attributes, for instance the ability, skill, intelligence, trait, or personality. However, shifting someone’s mindset – and therefore changing his/her belief – even for theContinue reading “Set Up A Growth Mindset”
Time Inconsistency: Is It Time or Human That Relative?
A person may think their own ways are right, but the Lord weighs the heartProverbs 21:2 What distinguishes human beings from other creatures and living things is the fact that human has common sense, logical and rational thinking as well as cognitive skills. Meanwhile, what distinguishes human beings from technologies, machines, and robots is the fact thatContinue reading “Time Inconsistency: Is It Time or Human That Relative?”
hope. 