All posts by UW Economics Society

Canada’s Dual Fronts: Navigating Economic Struggles and Foreign Commitments in the Wake of COVID-19 and the Ukrainian-Russian Conflict

Written By: Max Korsunsky

Canada’s response to both the COVID-19 pandemic and the Ukrainian-Russian conflict has shaped its domestic and foreign policy landscape. The aftermath of COVID-19 policies has left Canada grappling with economic challenges such as higher interest rates, lower GDP, and a housing crisis. Concurrently, Russia’s invasion of Ukraine in 2022 has led to one of the most significant geopolitical disasters in recent history. Canada, along with other Western allies, has provided substantial military and financial support to Ukraine in response to Russia’s aggression. This article examines Canada’s role in the conflict, analyzing its funding commitments, including military aid and humanitarian assistance, while considering the economic implications of such allocations. Through a breakdown of pre and post-2022 conflict contexts, as well as a discussion of Canada’s economic struggles post-COVID, this article aims to provide readers with a comprehensive understanding of Canada’s involvement in the Ukrainian-Russian conflict and the impact on both domestic and international fronts.
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Economics Behind Football Transfer Markets

Written By: Nishita Bajaj

In the game of football where passion meets precision and talent reigns supreme, there lies this complex ecosystem of transfer markets. Beyond the cheering of the crowds and the celebrations of goals, lies this unknown arena where economics dictates the game. This article delves into the dynamics that propel the transfer markets in football, uncovering the key determinants that shape player valuations, steer club strategies, and sculpt the overarching trends of this multi-billion-dollar industry. From the influence of player performance metrics to the impact of global economic forces, the article will unravel the intricacies of this captivating marketplace, where the pursuit of talent intertwines with the pursuit of success on the pitch and profitability of it.

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The Paradox of Global Hunger

Written By: Nour Elkhawass

Despite our world producing enough food to feed 1.5 times the global population, a staggering 783 million people suffer from hunger, while 2.4 billion experience food insecurity. This paradox signifies the existence of systemic flaws within our global food systems. This article delves into the current state of global hunger and food insecurity, exploring its complex, interconnected causes, evaluating how the issue is being addressed today, and proposing potential solutions to help achieve “Zero Hunger”. Continue reading…

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