Agent of Economic stimulant

[TEBTC]

Of recent time the world economies have been having problem, from economic recession to losing of jobs, to high inflation rate in the prices of goods and services etc they are all pointers that the economies of the world are currently not in a good shape
So this lead me to be thinking about the word economy and what and what is actually responsible for an economy to grow and what are the economic stimulant

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[Zoomic]

It is high time the government of countries look inwards and spot out the possible causes of economic decline in their respective countries. In the cases of increasing unemployment caused by possible winding up of major local companies, the government can bring up incentives to help companies stay. Such incentives can be tax reduction which includes excise duties. Privately owned firms are very important in every economy and as such, they should be encouraged to remain in operation by giving them what they need to be productive, this way both the government,  the firms and the people will benefit. These are major economic stimulants that should not be neglected if the government is really intentional about growing the economy.

[Ojima-ojo]

Of recent time the world economies have been having problem, from economic recession to losing of jobs, to high inflation rate in the prices of goods and services etc they are all pointers that the economies of the world are currently not in a good shape
So this lead me to be thinking about the word economy and what and what is actually responsible for an economy to grow and what are the economic stimulant

This outcome is the result of a prolonged global economic meltdown coupled with the impact of the COVID 19 which have hit the global economy and destroying the economy of some highly underdeveloped import dependant countries around the world.


Most countries that hard a proactive measures against this time have fine way to manage their economy and being able to manage their economy and putting it on the positive position while others that failed to do same are currently in unending recession, to t will take a long walk to bring those countries out of their current status and making positive impact on the internal economy that offers good economic environment for it citizen's, best for the countries to start thinking inward and production should be highest priority at this point.

[|MINER|]

The whole world is now suffering from inflation.  Most of the countries in the world are facing various problems due to inflation.  Especially developing countries have the greatest impact.  Developing countries are unable to adjust their currencies to the appreciation of the dollar and are struggling in their daily lives.  Moreover, the increase in the price of their goods has made their life more dangerous.  These problems started after Corona.  After Corona, almost all the desi were in a very devastated condition.  But even if the developed countries can cover it up, the underdeveloped countries have not yet been able to solve these problems and they are still bearing the brunt of it.  Moreover, due to corruption in developing and underdeveloped countries, they are further behind and unable to keep pace with the world.

[red4slash]

The conditions of the global economic crisis and of course we are aware that the pandemic a few years ago became a problem that made it worse and several countries that are currently in geopolitical problems are a situation that makes conditions worse and makes the economy worse than before because in the end even though the problem of state conflicts is only a few but surely the impact will be felt by everyone.

The economic level that has been difficult since the pandemic problem is exacerbated by this which makes it difficult for us to breathe and change the economy for the better.
The steps that must be taken to be a stimulant at this time I think not much because to be an agent of change is obviously very difficult and I personally prefer rationality because I just want to try to survive so that I and my little family are not too eroded so with this I think looking for the latest options with additional jobs according to qualifications and looking for every momentum for my own benefit is the best thing I can do.

[Fortify]

Of recent time the world economies have been having problem, from economic recession to losing of jobs, to high inflation rate in the prices of goods and services etc they are all pointers that the economies of the world are currently not in a good shape
So this lead me to be thinking about the word economy and what and what is actually responsible for an economy to grow and what are the economic stimulant

It's a good question but it has too many answers to list really. If you imagine there is a world economy, but there are also different economies within countries and even groups below that. Stimulants can come from a variety of sources, cheap money (printing) allowed a lot of debt to build up because it cost little to pay back in some countries, but this tends to lead to bigger bubbles that will eventually pop. There can also be commodity stimulants if poorer countries rely heavily on exports of things like lithium or oil. Central banks dropping interest rates (from current highs) will also spur a lot of extra activity in the economy, because new debt is expensive to finance at the current rates.

[Rruchi man]

So this lead me to be thinking about the word economy and what and what is actually responsible for an economy to grow and what are the economic stimulant

If there can be a massive investment by the government into the work force of the country, set up and improve and upgrade facilities that already exist for production, and create incentives to encourage healthy competition to improve productivity, the economy of the country will improve quickly.

With improved productivity a country will have enough commodity to avoid importation, there will also be enough commodity to ensure that the prices do not soar from scarcity, and then also have enough commodity to also sell to other countries who are in need of them.

[btc78]

It’s simple, really. The people need JOBS.

The real question is how do we generate jobs? One of the things I can think of is playing by the country’s advantages and maximizing the products coming out of the country instead of importing from other countries. If there is more demand then the more employees it will need therefore generating more jobs.

[Reatim]

The whole world is now suffering from inflation.  Most of the countries in the world are facing various problems due to inflation.  Especially developing countries have the greatest impact.  Developing countries are unable to adjust their currencies to the appreciation of the dollar and are struggling in their daily lives.  Moreover, the increase in the price of their goods has made their life more dangerous.  These problems started after Corona.  After Corona, almost all the desi were in a very devastated condition.  But even if the developed countries can cover it up, the underdeveloped countries have not yet been able to solve these problems and they are still bearing the brunt of it.  Moreover, due to corruption in developing and underdeveloped countries, they are further behind and unable to keep pace with the world.

Inflation has always been a problem in countries and it is never solved.
Most of the time it just comes and goes but it’s normal because economy
goes in a cycle anyway. It just so happens that this time around
due to the pandemic, everything has become so much worse.

People are still getting back and trying to get up on their own feet
as lockdowns are released but then inflation hits and even with jobs back
it’s almost impossible to keep up and buy everything you need

[kotajikikox]

The government has some control over how much a merchant can price his or her goods but the government can only do this for a period of time and would not work forever.

the government has to soon find out how to better support the sectors who produce goods such as agriculture because if farmers are spending less then so does the consumers

[Promocodeudo]

OP am so happy that you brought this thread here I must be sincere that this thread is worth a discussion, looking at what is happening you will understand that many countries are running out of economic ideas and that is why those countries are going through declination in many aspects.
A country should be able to identify its source of sustenance that's why I advocate for governance through a transparent system, a leader and his economic team should be able to work out modalities to enhance the country's sustenance capability.
Though I see production and good investment ties with other countries as one of the major solution to this problem, good fiscal policies has a good effect too but the problem is that government of many nations does not toll this way and things keep getting worse, there are many sectors to revive, in the process of removing this sectors jobs will be restored, full production capacity will take place with good results.

[God bless u]

I think that it can't be sorted out until the wars that are going through should be ceasefired. These economic conditions are due to the rivalries between the countries.They might not admit it openly but they are working against each other in some way and that's affecting the trade as well as the economical conditions.

The super powers should come to a table and have a healthy discussion only then it's possible that the countries might get out of these economic conditions. People are thinking that these conditions are a result of the decisions of their specific country but it's not the case. We have to go for a global solution.

[Volimack]

Of recent time the world economies have been having problem, from economic recession to losing of jobs, to high inflation rate in the prices of goods and services etc they are all pointers that the economies of the world are currently not in a good shape
So this lead me to be thinking about the word economy and what and what is actually responsible for an economy to grow and what are the economic stimulant

Only the government can deal with the problems that the world economy is in. The government may have never tried to find out the real reason and left everything in the hands of other leaders. Due to the impact of the corona virus many companies have closed down and the unemployment rate has increased which is worsening the economy. The primary objective of economic stimulus is to achieve a stimulus response effect so that the economy can grow if the private sector does the most to combat recession and avoid the various risks associated with extreme fiscal policy or large government deficits.

[electronicash]

Crude/gas/oil is what runs and industrializes a country. without it, it's going to cripple assembly lines to manufacture stuff on the conveyors and cars won't be running. evidently, no matter how much sanctions the US did on Russia, the country still manages to have a resilient economy.

Crude/gas/oil is what makes Saudi Arabia the richest in the Middle East and that's why to this day we still buy gas and oil in USD.
we are converting Crude/gas/oil into energy that's why we came up with ESG and all sorts of green energy but for the most part, it is still Crude/gas/oil.

[Yogee]

[...] what and what is actually responsible for an economy to grow and what are the economic stimulant

1. Wars for the countries with the leading military manufacturing companies. They sell all kinds of military equipment to one side or both sides if they get lucky. I'm pretty sure they made tons from Ukraine and maybe Israel. It looks like a war is also looming in Asia as the West have increased their military presence there.

2. Roads and other access that would simplify or ease trades within the country and among neighboring countries.

[Asiska02]

A lot of things are responsible for failing the economy of a country and making them witness a downfall in the world where they’re suppose to be more than what they showcase to us all about which is due to bad and poor economical conditions and practices of the people living there. The economy and success of a country lies within the leader and without a visionary leader, all the outcome of a progressive economy will be put on hold as it has proven not to worth anything in the long term. Unsafe is one of the big points that needs to be corrected. While having a good time in the leadership, be assured of a conducive environment because that enough can drag development to be place pitched to them about. Instead of hoping and sitting for a better economy that will come now or later, is better to act on it immediately.

[sekalitas]

So this lead me to be thinking about the word economy

At its core, an economy encompasses the production, distribution, and consumption of goods and services within a geographic area.  It's a complex web of interconnected activities involving individuals, businesses, and governments.

what is actually responsible for an economy to grow

Productivity is a foundational driver of economic growth, boosted by technological advancements and investments in education and infrastructure. Innovation is equally vital, as the development of new products, processes, and business models expands economies and opens up new markets. A healthy economy relies on robust consumer spending, which hinges on factors like employment levels, wages, and overall confidence. Businesses fuel long-term growth potential by investing in new equipment, factories, and research and development.  Government policies play a key role, with tax rates, spending programs, and interest rate adjustments having the power to stimulate or dampen economic activity. Finally, global trade allows countries to specialize and access a wider range of resources, fostering beneficial economic exchange.

what are the economic stimulant

Stimulants might involve government spending to boost demand, tax cuts to encourage business expansion, or central banks adjusting interest rates to control inflation and influence investment. These multifaceted problems require careful analysis and potential solutions tailored to individual economies.

[Plaguedeath]

Government is the one who responsible with macro economic.

Unfortunately most of governments are corrupts, they only care to do something that give them benefit instead of become a good dictator who don't mind to catch whales or big criminals that broke the laws.

Government actually support them because they willing to pay high and don't care with genuine cases or reports that didn't bring them money.

[pinggoki]

It’s simple, really. The people need JOBS.

The real question is how do we generate jobs? One of the things I can think of is playing by the country’s advantages and maximizing the products coming out of the country instead of importing from other countries. If there is more demand then the more employees it will need therefore generating more jobs.

As much as I agree with you about jobs being generated to help the people survive and live, there's just too many people out there and most companies and government agencies doesn't really have any kind of need to have a lot of workers that they have to pay and we will probably reach to the point where there's so many workers/employees that not all of them are working because the jobs can be done by only by only a few but there's a dozen workers. Have you heard of the adage, "Too many cooks spoiled the broth"? That's exactly what's going to happen when it's just job security. I think that the more appropriate solution is to do a basic income for every household, it's not really a good solution but it can help so people won't starve and most of the time, the money that's given to those people even if that's what they depend upon, it goes back into the circulation of the economy. Maybe creating a really good reproductive health and family planning program, you'd be able to do make some more difference.

[Fiatless]

Of recent time the world economies have been having problem, from economic recession to losing of jobs, to high inflation rate in the prices of goods and services etc they are all pointers that the economies of the world are currently not in a good shape
So this lead me to be thinking about the word economy and what and what is actually responsible for an economy to grow and what are the economic stimulant

The world economy is made up of the economies of many nations. Most national economies are interconnected and a problem in one affects others negatively. The European and US economy is closely related because these nations have good diplomatic relationships. So when economies of nations is sound, the global economy will experience growth.

Nevertheless, what boasts a nation's economy is more exports and fewer imports which lead to favourable balance of payments. When a nation has enough industries, most of its citizens will be employed and the country will be able to earn enough foreign currencies to defend the local currency.  

The level of education of the population of the nation also determines economic growth. A nation that can boast of quality skilled manpower will always be innovative and creative. The nation will be able to have many small-scale businesses that will create job opportunities. This is why the biggest problem of developing nations is the high rate of illiteracy.

Adequate infrastructure is another agent of economic development. Any nation that lacks good roads, security, constant power supply, and so on will not attract investors. And lack of investors will not make the nation a prosperous one.

Lastly, sound economic policies and transparency in government are other determinants of economic stimulants. Some nations have policies such as double or high taxation that can discourage investment. Corruption in government is also another reason why some nations are not economically strong.