The Cost of the Far-Right and Immigration

The rise of terrorism has been a factor in the rise of far-right movements and anti-immigration campaigns that have seen birth to the increase of populism in many states, particularly within the European Union. Whilst being a member of the EU means that as a state you must adhere to certain policies that are applicable to all members of the Union, the rise in predominantly Islamic extremist attacks has created a reluctance by some to integrate refugees into their countries. The mostly Muslim refugees fleeing North Africa or the Middle East are now being rejected by some states, at a time when all EU states should be grouping together to fulfil their obligations to protect migrants that were established by the EU treaty.

The cost of terrorism is broad. Terror attacks affect the economy of each state in multiple aspects such as the loss of tourism (Paris suffered a €750m loss in tourism following terror attacks) (the Guardian, 2016); the State’s necessity to increase their defence spend in order to protect from further attacks (George Osborne dedicated £3.4bn extra on the country’s counter-terrorism efforts over five years) (Barber, 2015); the need to rebuild damage incurred from these attacks ($52.9billion in economic damages globally in 2014) (VICE News, 2014); often the necessity to spend billions in attempting to fight the sources of Islamic fundamentalism abroad, and as a consequence of this, states then have to spend money to house the innocent people fleeing the countries that have witnessed interventions or wars in the fight against ‘the war on terror’ (the EU alone allocated €17.7 billion from their budget towards migrants between 2015-2017) (, 2017). Essentially it is an endless circle that continuously detriments the economy in one way or another.

Whilst some states are taking in a large proportion of refugees, and fulfilling their EU obligations – for example Germany “expects to spend around 93.6 billion euros by the end of 2020 (Reuters, 2016) – others have adopted a fearful approach and consequently rejected the acceptance of many migrants.

The backlash against the refugee crisis originated from the East – Poland, Hungary and the Czech Republic rejected their responsibility claiming they must protect their own people based generally on security concerns “following a series of terror attacks carried out by Islamist militants in western Europe” (Kirby, 2017). They did this by forming a political alliance called Visegrad, which is a collection of four nations, the three mentioned and Slovakia (, 2016). This backlash was partly due to the terrorist attacks that occurred in France, which sparked a very big worry in the East, with politicians gaining favour by speaking out against the EU’s choice to accept millions of people from the third world, most of which are Muslim, with Visegrad members claiming “the mainly-Muslim refugees have no place in their predominantly Christian societies” (Kirby, 2017). This is infuriating other EU members who are fulfilling their obligations and spending a large portion of their funds in order to help those affected. This division in the EU has led Brussels to sue Poland and its supporters (Kirby, 2017).

Populist parties in the West have also gained ground by criticising and openly opposing the idea of accepting so many refugees, Germany with the AfD and France with the National Front have both seen a rise of the more extreme right-wing parties (Joffe, 2017).  These attacks have created disharmony within the EU and this demonstrates the resistance created against innocent Muslims due to the small minority who have carried out attacks in the name of Islam. Countries are losing patience to pick up the costs for the people affected in the aftermath of the fight against extremism.

The impact that terrorism and migration has on the economy is indisputable, but the rise of far-right populism is a non-effective way of combatting these issues. The rise of xenophobia by certain parties in Europe serve as a counter-productive method for decreasing Islamic terror attacks, as the more they are ostracised the more likely it is for the increase in radicalisation, in response against the West. As a consequence, states are risking their own economy by being uncooperative with the reforms laid out by the Commission as the EU use financial leverage to try to ensure the adherence by all States to honour their commitment to “European values, amongst them the rule of law” (Kirby, W. 2017). This could mean funds are frozen and could potentially lead to further division within the EU.


Leila Lerari – M00559185


Barber, L. (2015). Osborne promises £3.4bn extra spending on counter-terrorism. [online] Available at: [Accessed Dec. 2017]. (2016). Big, bad Visegrad. [online] Available at: [Accessed Dec. 2017].

Kirby, W. (2017). EU INFIGHTING: Brussels to SUE three member states for refusing to host asylum seekers. [online] Available at: [Accessed Dec. 2017].

Joffe, J. (2017). The right is rising and social democracy is dying across Europe – but why? | Josef Joffe. [online] the Guardian. Available at: [Accessed Dec. 2017]. (2017). The EU and the migration crisis. [online] Available at: [Accessed Dec. 2017].

Reuters. (2016). German government plans to spend 93.6 billion euros on refugees by end. [online] Available at: [Accessed Dec. 2017].

The Guardian. (2016). Terror attacks cost Paris region €750m in lost tourism, officials say. [online] Available at: [Accessed Dec. 2017].

VICE News. (2014). Deaths and Damages Due to Terrorism Have Never Been Higher | VICE News. [online] Available at: [Accessed Dec. 2017].


Impact of immigration on economies.

There’s a pre-conceived notion especially with the current migrant crises that vase number of immigrants are entering western countries and are not educated and not contributing to the society or economy, but are benefiting from the welfare provided to citizens. This has led to a rise in nationalism with European countries as well as the USA but more so Europe to regain sovereignty in order to control the number of immigrants that enter the country. However, this notion is not true, the majority of immigrants both legal and illegal contribute a great amount to the economy and play a key role. For instance, in 2015 4.3 million immigrants were recorded living in the United States, as well as 11.1 million illegal immigrants recorded in 2010 that contribute $13 billion along with their employers. Almost half of the illegal immigrants living in the US also pay Social security payroll tax, knowing they won’t benefit from any welfare or state benefits.” Between 700,000 to 850,000 new immigrants arrive illegally each year. More than half slipped across the U.S. border. The rest (45 percent) crossed the border legally but didn’t return home when their visas expired.” (K. Amadeo, 2017). Even though immigrants contribute a huge amount to the economy, the majority who don’t have further or higher education usually gravitate towards labour filled jobs such as construction. With an increase in labour in those fields can lead to a decrease in wages as there more workers, also an illegal immigrant may be willing to work at a cheaper wage which then, impacts workers who are natively born in the country. This leads to companies reducing the price of services and goods as they are being created by low –cost labour. Immigration was a key point as to why a lot of people voted Brexit in 2016. This would mean the UK would not only leave the single market but will not be subject to the freedom of movement, in turn tightening immigration rules on people coming from Europe as well as abroad. Brexiters believed that this will allow Britton to economically trade more effectively with other nations as well create jobs that the British people will benefit from.  In the UK in 2016, 5.4 million non-UK born workers were recorded, which contributed to 17 percent of the UK workforce. Unlike the USA the UK has a vast majority of EU immigrants that live and work in the UK. From the chart shown, EU workers are even more likely to contribute to the UK economy than Native. Within the UK immigrants pay a huge part in certain industries such as IT and cleaning, therefore, a decrease in immigration would mean a lack of people working in these fields which could create a decrease in labour in those areas. “Data for the English National Health Service shows that in 2015 of the 1.22 million total staff around 235,000 were non-British, around 19 per cent.” (B. Chu, 2016),


Zainab M Abdullahi




  1. Amadeo, (2017), How immigration affect the economy and You?, The balance, Available at: <accessed 12/12/17>

B. Chu, (2016), What do immigrants do for the UK economy? Nine Charts conservative ministes seen to be ignoring, The Independent, Availabele at: <Accessed at 13/12/17>

National interest: the right to sovereignty or superiority?

One of the hot topics in the global political economy has been national interest and the right to sovereignty, the tone and rhetoric of nationalism and the desire for absolute independence from external institutions, was visibly displayed throughout the Brexit campaign and in many nationalist parties throughout the West.

While many of these politicians and right-wing parties have used distasteful and rather xenophobic rhetoric to justify their beliefs, some of them did make justifiable points, arguing that a country should be able to dictate its own politics, be respected in their sovereignty and be able to exercise economic freedoms.

Ironically, most of these countries arguing for the advancement of national interests lead and dominate institutions that violate that exact concept and the sovereign rights of other countries.

Historically, European nations imposed their sovereignty onto countries they chose to invade for a long period of time. Many European nations currently continue to influence and control the politics of countries mostly in the name of ‘economic growth’ and ‘development’.

For countries that already dominate the most powerful institutions in the global political economy to call for further advancement of national interest, in campaigns like ‘Make America Great Again’ and ‘Vote Leave, Take Back Control’ it raises concerns of what implications their demands for greater national interest actually hold.

Many of these nationalist parties across Europe have used “emphasis on sovereignty and policies that promote a ‘national preference’” (Halikiopoulou, 2017) to directly advocate for “strict immigration policies, Euroscepticism and policies that place the ‘native’ inhabitants first in a range of areas including welfare and social services” (Halikiopoulou, 2017) – the emphasis on putting the ‘native’ inhabitants first expresses the desire for an expansion of the supremacy and superiority of European ‘natives’ in contrast to ‘foreign’ inhabitants.

In all honesty what would an advancement of national interest entail for countries that are leading in global institutions like the IMF, World Bank and the UN?

Isn’t this just a call for the advancement of European sovereignty and more power, than what already exists, to be placed in the hands of European nations?

Grace Ashenafi M00557803


Daphne Halikiopoulou (February 2017), What is new and what is nationalist about Europe’s ‘new nationalism’?, London School of Economics and Political Science. Available at:

Images found at:

Is China the new world power?

There has been much discourse over China’s growing presence in Africa, to the point where it has been called colonial and imperialist, with critics accusing China of “exploiting Africa’s natural resources to feed its need for industrial output” (Esposito, 2015).

However, it is argued by many that “while China’s economic footprint in Africa is growing, it represents only a fraction of China’s economic activity around the world” (Albert, 2017) …

China has stretched its economic ties across the globe and initiated economic movements that have posed itself as an equal competitor against the US, with it’s Yuan currency beginning to sell oil and with the establishment of the AIIB posing a real threat to the dollar and the US-led World Bank.

What makes China a real threat to the US and a unique trading partner, especially to non-Western countries, is its favourable principles on foreign policy of noninterference and respect for sovereignty which allows contentious governments in countries like Sudan and Iran to “simply choose to sell its oil to China, and receive Yuan in return, and use that currency to trade for the necessary resources it needs to sustain its economy” (Schortgen Jr, 2012) causing the sanctions made by the U.S. to have very little effect.

Since “crude oil is the standard currency of the world” (Schortgen Jr, 2012) the US dollar and its economic position is bound to fall promptly with the amount of backing China has received in trade and support for the use of its currency from natural oil producing states, with Russia even stating that it would “sell oil to China in any and all amounts they desired” (Schortgen Jr, 2012). Even “European countries, including Germany and Italy” (Wolf, 2015) and Britain decided to apply as shareholders for China’s AIIB and support China’s economic move which subsequently “irritated the US” (Wolf, 2015).

Undoubtedly, China is on its way to becoming a first world power with it’s investments and economic ties already reaping much economic growth and advancement of China and the Yuan currency but questions still lie on what effect will this have on the global political economy and how will China’s rising position will effect the future of developing countries and current first world powers.

Grace Ashenafi


Eleanor Albert (July 2017), China in Africa, Council on Foreign Relations. Available at: (Accessed: 12th December 2017)

Mark Esposito and Terence Tse (November 2015), China Is Expanding Its Economic Influence in Africa. What Is Africa Getting Out of It?, Slate. Available at: (Accessed: 12th December 2017)

Kenneth Schortgen Jr. (September 2012), Dollar no longer primary oil currency – China begins to sell oil using Yuan, Signs of the Times. Available at: (Accessed: 14th December 2017)

Martin Wolf (March 2015), A rebuff of China’s Asian Infrastructure Investment Bank is folly (AIIB), Financial Times. Available at: (Accessed: 14th December 2017)

Images found at:

Obama: The cost of war

obama.jpg(Obama Destruction, 2017)

As it was so eloquently phrased by author William Blum: “Mr President, in your short time in office you’ve waged war against six countries…With all due respect: what is wrong with you?” (Blum, 2013). Posed to Mr Barack Obama, who managed to increase this tally to seven shortly after: if the President who could do no wrong has one superseding skill, it surely would be his evasion of criticism in the face of adversity.

Obama had a massive impact on the US economy over his 8 years in the white house, but not for the better as is often portrayed by Obama supporters. Obama’s administration increased the national debt by 68% in 8 years, and added a total of $7.917 trillion (The Balance, 2017).

One of the reasons for this debt and dangerous amount of spending was due to war, or funding of conflicts. Obama was responsible for increasing military spending every single year roughly by $800 billion, with 2013 breaking a new record with $895 billion (The Balance, 2017).  A man recognised as a more peaceful president than Bush or the ones who preceded him, Obama’s drone programme killed countless civilians, an amount that “the government itself does not always know” (Ackerman, 2016), and oversaw “more strikes in his first year than Bush carried out during his entire presidency” (Purkiss and Surle, 2017). The USA also continued its presence in Afghanistan and Iraq, under Obama, albeit to a lesser extent whilst Somalia and Pakistan were targeted by drone strikes many times throughout his two spells in charge. Obama’s actions didn’t just impact upon the deterioration of the US’ economy. Nations such as Syria and Yemen will likely not recover economically from American involvement for years to come.

Obama was the President responsible for overseeing the takedown of Osama Bin Laden in 2011 and President Gaddafi of Libya in the same year. Whilst many argue the ousting of dictator Gaddafi was necessary, to help free the Libyan people from tyranny and suffering, it is more accurate to state that he merely helped rebels increase jihadist and criminal movements in the country, and in fact the people were entitled to a much better way of life before US intervention. The effect on Libya’s economy suffered enormously since Gaddafi’s removal. Clearly no lesson had been learned from Bush’s intervention in Iraq and the ensuing calamities that took place there.

The US also got involved in Syria which cost the US $250billion and counting (Hartogs, 2016). The Syrian’s were suffering in the midst of civil war, but realistically a lot less than after intervention by external interventions. Syria was highly developed and a lot more progressive than the war torn nation of today. The devastation that took place in Syria not only cost them thousands of lives, they lost important healthcare protections, housing, infrastructure, business. The GDP of Syria has declined and damages are “estimated at $226 billion, about four times the Syrian GDP in 2010” (World Bank, 2017), as many of the citizens have either died or fled the influx of bombs penetrating them from all geopolitical directions. The ones who have fled have migrated through to Europe, with more than 1 million migrants arriving in Europe in 2015 and 2016 (, 2017), with Germany solely spending “£20billion on refugees in 2016” alone (World Bank, 2017), and the entirety of the EU dealing with this humanitarian crisis since.

Worse perhaps than any of these interventions has to be the US’ assistance of allies Saudi Arabia in Yemen, a war Saudi would not have been able to flourish in, without US backing. Not only was this not authorised by Congress, as “the Saudis…aligned with Al Qaeda to fight the Houthis undermining our very counterterrorism operations”, (HELLMAN, 2017) the destruction of Yemen in fact strengthened Al Qaeda, (DePetris, 2017), which entirely contradicts many intentions the US government sets forth to make in regards to fighting terrorism and war. This in turn “created what three U.N. agencies call “the world’s largest humanitarian crisis” (DePetris, 2017), with the devastation caused for Yemen huge with their country now poverty stricken.

So what is the difference between a President like Gaddafi or Assad and President Obama? All are responsible for the death of civilians so why was Obama not a target for such hatred as the others were? Making history as the first black President of the United States created such a legacy and idolism for Obama that people cannot bring themselves to critique him, despite bombing seven countries in six years and tripling American debt. Obama hid behind the cloak of democracy and liberalism whilst we can argue the people in the US enjoy a less democratic way of life than arguably the Libyans did before their ‘free’ state in 2011. Is it not better to have an enemy that slaps you in the face than a friend who stabs you in the back?

Perhaps it is understandable that the Nobel Peace Prize that was awarded to Obama in 2009, was later regretted by the head of the committee (Bartlett, 2015). The man who instigated drone attacks on civilians, supported wars in other nations for no real reason, and caused years worth of economic damage to his own continent along with Africa, Asia and Europe – it is time to admit that Obama deserves a lot less praise than he has received to date.

Leila Lerari – M00559185


Ackerman, S. (2016). Obama claims US drones strikes have killed up to 116 civilians. [online] the Guardian. Available at: [Accessed Dec. 2017].

Bartlett, M. (2015). Nobel panel saw Obama peace prize as ‘mistake,’ new book claims. [online] The Washington Times. Available at: [Accessed Dec. 2017].

Blum, W. (2013). America’s Deadliest Export: Democracy – The Truth About US Foreign Policy and Everything Else. Zed Books.

DePetris, D. (2017). The U.S. is enabling civil war and a humanitarian crisis in Yemen. Isn’t it time Congress had a say in our involvement? – LA Times. [online] Available at: [Accessed Dec. 2017].

Hartogs, J. (2016). Syria war could cost country $1.3T by 2020. [online] CNBC. Available at: [Accessed Dec. 2017].

HELLMAN, G. (2017). House declares U.S. military role in Yemen’s civil war unauthorized. [online] POLITICO. Available at: [Accessed Dec. 2017].

Obama Destruction. (2017). [image] Available at: [Accessed Dec. 2017]. (2017). The EU and the migration crisis. [online] Available at: [Accessed Dec. 2017].

Purkiss, J. and Surle, J. (2017). Obama’s covert drone war in numbers: ten times more strikes than Bush. [online] The Bureau of Investigative Journalism. Available at: [Accessed Dec. 2017].

The Balance. (2017). How Much Did Obama Add to the Nation’s Debt?. [online] Available at: [Accessed Dec. 2017].

The Balance. (2017). Which President Added Most to the U.S. Debt?. [online] Available at: [Accessed Dec. 2017].

World Bank. (2017). The Toll of War: The Economic and Social Consequences of the Conflict in Syria. [online] Available at: [Accessed Dec. 2017]

History of slavery and the racial wealth/ employment gap: In “WHITE” America.

I want to start off by taking you down memory lane and reminding you of the deeply embedded old-fashioned prejudiced traditions and values that have assisted the formation of the racial wealth/ employment gap in the US. Yes, you’re correct, I’m talking about slavery.

image 1Image available at:

Siddiqui’s (2017) article on a brief history of racism in the United States. Found that many of the African Americans brought to America in the early 17th century arrived as slaves kidnapped from their homeland and separated from their families. A boy as young as 12 would be separated from his mother, father, siblings and friends. Do you remember what it was like being 12? A time where your only worry would be about friends and homework. Now contrast that and imagine a world where a boy as young as 12 is taken to a foreign land in which he is unable to speak the language, no family or friends in sight and the first thing that happens when he arrives there is his identity is stripped from him; the only thing he had that would link him to his motherland and remind him of his heritage is gone, and failure to cooperate would result in him being stripped, whipped or even lynched. This ladies and gentlemen, is what African Americans have been going through in America for centuries in the hands of their white oppressors.

You’re probably wondering what the link between slavery and the racial wealth gap is ?

Well, when examining history we found that slavery has existed in countries where it has been economically beneficial for the rich “white” man. An example of this is the US, out of the 4 Million African slaves living in the United States in the 1850s 80% of them where owned by “white” business men (Burton 2008). These slaves received $1 a day for a quarter of a billion hours of free labour (Burton 2008).Whereas the white slave owner made $3.1 million a year of the back of these slaves (Wahl 1998). Those of you reading this blog do not be surprised by these statistics, always remember that slavery assisted the formation of the wealth gap as it flourished and accumulated income off the back off its low paid black slaves.

The University of Chicago’s Law review journal (1969) states that slavery has been abolished and outlawed, today there are laws such as the civil right act of 1866 which guarantee equal rights for its citizens and prohibits any discriminatory acts towards African Americans. Many people are living under the false notion that slavery being eradicated also means that the racial wealth/employment gap has too. However we can see that racism in the workplace is still prevalent, the only difference now is that it has been manifested in subtle and discreet way as opposed to the 1850s. When looking at the chart below remember that the black bars represents a criminal record; stripped bars represent no criminal record. From this we can see the predominant racial inequality in the US. Black people in the US committed 12% less crimes than their white counter parts (The Huffington post 2014). However those law abiding black citizens were still 20% less likely to get called in for a job interview in comparison to the white criminal (The Huffington post 2014).

image 2Image available at:

Siddiqui’s (2017) article found that black people are 50% more likely to be categorised and discriminated when it comes to job interviews. Similarly, Hetzel and Soto-Hinman`s (2009) book notes that there is significant disproportionality when examining race employability. They conducted a study on 19 year old high school dropouts, and found that 38% of African American teens where employed in comparison to 67% of white teens. Despite the fact that both these group of adolescents carry the same credentials, there is still a 29% chance that a white teen is more likely to land the job. White teens have a superior chance of succeeding in this competitive capitalist economy due to their skin colour. A teen should be judged on meritocratic principles such as talent, ability and effort as opposed to race. This is one of the many examples of the differing racial employment gap and the inequalities African Americans face in “white” America.

Surely we all know by now that just because a law has been passed doesn’t necessarily mean that all the injustices prior to it will disappear. The civil rights act of 1866 is a significant example of this, yes it has helped implement change to a degree but the racial employment gap is still prevalent. Ultimately the only way we can bridge the racial wealth/ employment gap, is by first educating the masses and showing them that just because slavery has been abolished it doesn’t necessarily mean that the racial wealth/employment gap has too. Similarly holding government officials accountable for not taking any extensive measures to combat this economic and racial injustice would be a step on the road to an equal economic system.


By Hanan Mire





Burton, O. (2008). Gale library of daily life. 1st ed. Detroit, Mich.: Gale.

Hetzel, J. and Soto-Hinman, I. (2009). Literacy Gaps, The: Bridge-Building Strategies for English Language Learners and Standard English Learners. Corwin Press, p.172.

Lopez, G. (2017). Study: anti-black hiring discrimination is as prevalent today as it was in 1989. Vox. Available at:  [Accessed 10 Dec. 2017].

Racial Discrimination in Employment under the Civil Rights Act of 1866. (1969). The University of Chicago Law Review, 36(3), p.615. Available at:  [Accessed 2 Dec. 2017].

Siddiqui, S. (2017). A brief history of racism in the United States. Sound vision. Available at: [Accessed 6 Dec. 2017].

Wahl, J. (1998) The Bondsman’s Burden: An Economic Analysis of the Common Law of Southern Slavery. New York: Cambridge University Press.

Winquist, T. (1958). Civil Rights: Legislation: The Civil Rights Act of 1957. Michigan Law Review, 56(4), p.619.


So, we are out of the European Union. What now?

June 23rd, 2016, the day that started it all. On this day, the British citizens were given the right to choose the future in which the country will develop. The referendum ballot paper presented a simple question: “Should the United Kingdom remain a member of the European Union or leave the European Union?”, and two choices: “Remain a member of the European Union” and “Leave the European Union” (McCann, 2016).


But how did that happen? And how was that possible? In 2009, all member states of the European Union, at the time were just 27, with Croatia joining the union only in 2013, agreed to sign a treaty which later was called the Lisbon Treaty. In that treaty, there was a first ever article that officially allowed a member state to withdraw. The article, is the now very famous article 50, and it had a series of rules on how a country can and cannot do in case it decides to withdraw (Rothwell and Midgley, 2017).


As much as this seems to be an easy topic to be studied, this is where it gets complicated. On the 24th June 2016, when the results of the referendum were announced to the public, 52% of voters chose to leave the European Union. That led to the immediate resignation of then prime minister, David Cameron, and the pound sterling reached the lowest value in three decades. Not only that, but various key people in British politics started to resign leaving the country in a political limbo (Kennedy, 2017). As with not a big of a surprise, various member states stated their opinion regarding to the results. German Chancellor Angela Merkel had warned the United Kingdom’s government that there will be no cherry picking regarding to the UK’s status within the European Union (Kennedy, 2017). This is quite interesting, because the United Kingdom was known for only accepting legislation that was only interested on. Opting out of the Schengen area and Eurozone, the United Kingdom somehow always had what it wanted (Grey, 2013). Brexit is an unprecedented event that built up a huge state of the unknown, and everyone just seems lost. As much as we try to understand it, there is not black and white or a right or wrong answer at this point. Everything seems to happen at the same time, but nothing it is happening.


According to our media, Brexit opened this Pandora box, with people receiving deportation letters before the actual exit of the United Kingdom from the European Union (Busby, 2017), to the fall of the pound sterling and the rise of the prices of chocolates and other goods that are imported from the European Union (Mann, 2017). And what will happen to all the laws that were in a symbiotic relationship with the EU laws? Will the government re-do all its laws or it will maintain the core of the EU laws as its own? What will happen after the UK is finally out of the European Union? Will the pound be able to rise again to its former glory? The only ‘simple’ answer is: we have to wait and see.


By: Sergiu Chirilenco




Busby, M., (2017). EU nationals deportation letters an ‘unfortunate error’, says May. Available at: [Accessed 15th December 2017]

Grey, C. G. P., (2013). The European Union Explained*. Available at: [Accessed 15th December 2017]


Kennedy, S., (2017). Brexit Timeline: From the Referendum to Article 50. Available at: [Accessed 15th December 2017]


Mann, T., (2017). Price of chocolate is about to go up quite a lot. Available at: [Accessed 15th December 2017]


McCann, K., (2016). This is what the ballot paper for the EU referendum vote will look like. Available at: [Accessed 15th December 2017]


Rothwell, J., and Midgley, R. (2017). What is Article 50? The only explanation you need to read. Available at: [Accessed 15th December 2017]



Positives and Negatives of a technological economy.

With the increase in technology and the vast developments it’s had an impact on global economy. For one technology has allowed currency flow easier in turn creating transnational borders. Due to this the global economy is increasingly interconnected. As each economy is linked to the other, countries have to work together in order to keep the market stable. However, this has also been a negative as it’s left economies more fragile and prone to crashes. As each country is interconnected if one economy crashes it sets off a domino effect that leads the other economies crashing as they rely on each other e.g the 2008 banking crisis. Furthermore, technology has advanced to the point that it’s now able to do a variety of jobs that humans can do. This was a growing fear that technological advances would lead to mass unemployment as businesses would replace majority of their labour workforce with machines. For many reason machines are seen as more efficient one, they are able to manufacture and produce products at a much faster rate than humans can. Secondly, it’s cheaper to have machines than a whole workforce as machines. The biggest cost that most companies have is salaries, with a robotic system you only require a few technicians controlling the system. Thirdly, businesses don’t have to worry about health and safety regulations as well as decreased risk to the workforce that is left. However, replacing the workforce with machines can also have its negatives. For one, it’ll lead to high numbers of unemployment and a decrease in consumerism as citizens won’t have the money to spend and contribute to the economy, therefore the economy will suffer and will eventually crash. In addition, it could lead to a large majority of those who are labour workers being marginalised as they are now unemployed and the skills they possess are no longer needed. Labour skills would in turn become redundant and instead more technical and engineering positions will surface. There would be a demand of people who can fix the machines as well as operate them.  This would require a reform in order to re-educate the labour workers in more technical fields. Even though, a more technological economy may lead to some unemployment overall, it’s been positive to economies than negative. Having a technological economy allows you to monitor the markets and avoid or decrease the effects of a crash as well as allowing the economy faster. For example, due to the protocols set up the crash in 2008 was not as detrimental to the economy as earlier crashes were. As well as that technology has the ability of spreading throughout companies therefore, can observe the rise of sectors within the economy.  “An important measurement of the technology economy is the observing the Worldwide IT Spending volume, which is regarding the corporate spending for hardware, software, data centers, networks, and staff, both internal and outsourced IT services. Currently, this volume is close to USD6 trillion per year.” (M.A. Cavallo, 2016). Technological advanced has also provided us with quick access to vast information that allows companies to gain knowledge on improved ways of developing. As well as providing an efficient way of tracking progress and economic growth in comparison with other companies. This is important in preserving competitiveness between economies and inspires innovation as each economy id trying to outdo the other in technological advances.  Furthermore, corporations that can’t afford robotic systems are able to move their manufacturing abroad to low- wage countries, therefore are still able to compete with technologically advanced corporations. “Mexico, in particular, has become an important production-sharing partner for the United States because of proximity, demographic factors, and the Mexican economic crisis which has resulted in lower wage levels that are competitive with labor costs in the developing countries of Asia and government programs that support production-sharing”.( H.G. Stever, J. H. Muroyama, 1998),



Zanab M Abdullahi




M.A. Cavallo, (2016), The growing importance of the technological economy, CIO Global networking Group, Available at: <Accessed 6/12/17>


H.G. Stever, J. H. Muroyama, (1998), Globalization of technology: international perspective, The national academics of Science, engineering, medicine, Available at: <Accessed at 9/12/17>

‘EVIRO-ECONOMICS’ – the marriage between environmentalism and economics


As the economy has developed through industrialisation, environmental issues have become increasingly apparent, particularly through the rise of environmental politics. Some of these issues include air pollution, natural resource depletion, and waste disposal ((Rinkesh, 2009). The more we become aware of these issues the more we realise the importance of dealing with them.

International political economy never drew focus on the environment during it’s early years, nor did it work together with ‘green’ thinkers – also know as environmentalists or ecologists. Global environmental change can only be effective and long lasting if everyone contributes to changes. Since 1992, during the United Nations Conference on Environment and Development, many international organisations have come together to work in allegiance to create sustainable development (O’brien and William, 2016. p.241) – the beginning of working together to identify sustainability issues and establish points of action.

Issues which affect the environment can be classified in different ways – each classification focussing on different aspects of production and development, helping identify how each issue affects the environment. There are physical changes which are concerned with air pollution, ozone depletion, or marine depletion, developmental activities, such as energy production, agricultural production, and tourism, and aspects of the human condition and wellbeing, such as population growth and security (O’brien and William, 2016. p.243). These issues can also be separated between those which arise directly from human activity, for example deforestation, and those which arise indirectly from waste, such as greenhouse gasses. These classifications help countries to deal with sustainability issues on a global scale.

Environmentalism is a wide and deep issue, and it is accepted that links between it and the economy are complex. This is because of the broad and ethic nature of environmentalism, and the uncertainty of the future, economically, socially, and environmentally. It is therefore realised that these aspects must work holistically if any developments are to be sustainable.

It is recognised that economic growth is essential to improve standards of living, and decrease levels of poverty. These objectives mean that the economy needs to adapt and grow but sustainably, shifting to low-carbon and resource-efficient production, particularly with produced capital (man-made produce and methods such as machines and infrastructure) (Everett et al, 2010. p.28).

This has led to the creation of SDG’s (sustainable development goals). The SDG’s are targets set in 2015 by the UN, adopted by many countries, aiming to create a more sustainable and healthy globe. Some of these goals include: affordable and clean energy, decent work and economic growth, responsible production and consumption, and clean water and sanitation (UN, 2017). These goals are beneficial in helping mark progress and giving countries aims to work towards.

Economic development and environmental sustainability undoubtedly affect each other, so dealing with economic growth without considering environmental impacts would be like adding an extension onto a house with crumbling foundations. Therefore, the incorporation of sustainability with economic growth becomes compulsory, and the only way to effectively overcome environmental issues is to tackle them on a global scale.  This has led to the holistic view of both the environment and the economy, to lead towards a cleaner, efficient, and sustainable way of living which is fair to the whole population. Like any marriage, conflicts may be presented, but like a good marriage, efforts must made to overcome these to be successful in the creation of a stable future.


Hana Sayeed


Everett, T. Ishwaran, M. Ansaloni, G. Rubin, A. (2010). Economic Growth And The Environment, available at [p.28] [Accessed 14th December 2017]

O’Brien, R & Williams, M. (2016). Global Political Economy: Palgrave Macmillan [p.241, 243]

Rinkesh. (2009). Environmental Problems, available at [Accessed 14th December 2017] (2017). Sustainable Development Goals: 17 Goals To Change The World, available at [Accessed 14th December 2017]


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Development of technology has changed the way we do everything from domestic tasks to trading. Looking at the changes this development process has delivered can help us evaluate the inclusion of these changes, as well as look at how they have enhanced the economy. Doing this allows us to improve current methods so we can shape the future of the economy, and most importantly improve the standard of living and interaction technology provides.

Pre-industrialisation & Industrialisation

The pre-industrial age was simply the time before industrialisation – before machines and mechanisation. During this age, the economy existed at a ‘subsistence’ level, which means that goods were produced for the consumption of an individual family. Industrialisation marked the beginning of rapid developments in the world of technology. Before then trading was small scaled and limited. Business and manufacturing took place in someone’s home, or private property (Whittemore, 2017).

This was until the first industrial revolution which began in the 16th century (O’Brien and Williams, 2016. p.64-65), when Europe and America shifted into mainly industrialised cities, also described as urbanisation. Society transformed itself from heavy agriculture into the manufacturing of goods and services, enhanced by the creation of machinery. This is not to say that farming life struggled, as farmers found themselves experiencing an economic boom, as people from the city still needed food supply (Whittemore, 2017). This revolution was followed by others of similar nature, introducing coal and the railway system.  (O’Brien and Williams, 2016. p.64-65).  It is important to reflect on this shift because it represents how quickly the economy changed.



The emergence of machines, or robots has brought with it a new brand of economics – ‘robonomics’. This term is used to describe economics which relies on robots, and artificial intelligence for production rather than human labour (Rector, 2017. p.2). The use of machines and robots are used more widely than we appreciate – think about, even the local corner shop has a digital card reader. Traditional forms of production are forced to incorporate technology in their methods to keep up with demand, for example the use of tractors which are able to harvest quicker than human labour.

Robots are preferred for repetitive laborious jobs, as they can work continuously, do not need holiday pay, and they maintain their standard of service or production without complaining or slowing down (unless they develop a fault of course). They can stick to the same routine, be on time, and produce work of a consistent standard (Rector, 2017. p.3).

Despite this, they present their own problems – most surrounding the absence of emotion such as lack of personal approach and creativity (Rector, 2017. p.3). Also, although modern designs are sophisticated and created to function efficiently, we are not at a stage where human supervision is not required – yet.

Robots have allowed a significant increase in production. As a result, humans are spending less time doing repetitive jobs which are left to robots, and the focus for humans has shifted to ingenuity, with increased demands in designing and entrepreneurship. Human labour is now mainly used to oversee the functioning and maintenance of robots.

This shift in economics presents both benefits and challenges. The benefits are clear in terms of production and efficiency, but there are further benefits which stem from this such as more leisure time, and liberation from labour intense work.

The challenges consist of unemployment issues – which could lead to further divides between employed and unemployed people, changes in social values – particularly as the introduction of more sophisticated robots lead to emotional interaction, and possible functional illiteracy – where people forget how to perform certain tasks because robots are relied on to do them (Rector, 2017. p.5).

These benefits and challenges will undoubtedly give way to political and social changes which could force society to revaluate its structures and cycles, to fit with a technologically led way of life; this is especially likely with the progression of robot creation entering intelligent and emotional levels. This article explores emotional intelligence of robots in more detail (Thomson, 2017.)


Looking ahead

The purpose of the creation of new technologies is to improve production and efficiency. As humans we are trying to do more and create new things all the time, so the transition into robonomics is inevitable. Traditional methods of production find themselves struggling in competition with robotics; this could mean eventually these methods become non-existent, and we become fully reliable on machinery and robotics. The exploration and progression into intelligent and emotional robotics could mean that the requirement for human labour becomes increasingly unrequired and society enters a new world of human and robot interaction – and who knows, maybe robotic government.


Hana Sayeed


O’Brien, R & Williams, M. (2016). Global Political Economy: Palgrave Macmillan [p.64-65]

Rector, V. (2017). Robonomics – Principles, Benefits, Challenges, Solutions, available at [p.2,3,5] [Accessed 12th December 2017]

Thomson, A. (2017). Emotionally Intelligent Computers May Already Have A Higher EQ Than You, available at [Accessed 12th December 2017]

Whittemore, J. (2017). Pre-industrial, Industrial, and Post-industrial, available at [Accessed 12th December 2017]


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