Economics Explained cover image

Why Nations Fail

Economics Explained

00:00

Understanding the Reasons for Economic Failures and Shocks

This chapter explores the reasons behind the failure of developing economies, including poor economic management, bad investments, corruption, and the impact of economic shocks such as supply and demand shocks, with a focus on the global pandemic as a significant recent shock.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app