4 Best Economic Articles within September

Economic article

4 Best Economic Articles within September

In the last month, comuniti.org has 4 of the best economic articles that you can read to deepen your understanding. These articles were written by authors who have an interest in SDG. Besides, there are many other articles that you can choose to read and expand your knowledge.

SDG’s other topics that have been written by the authors such as no poverty, zero hunger, good health, quality education, gender equality, clean water & sanitation, affordable & clean energy, decent work & economic growth, industry innovation & infrastructure, reduced inequalities, sustainable cities & communities, climate action, life below water, life on land, and peace justice & strong institutions.

Further reading: The Global Challenge for Government Transparency: The Sustainable Development (SDG) 2030 Agenda

Here are the four best economic articles in September. Enjoy the reading and find out more articles on comuniti.org!

The Globally Recognized Japanese Bullet Train: With a Spectacular Speed of 320 km/h

The Japanese bullet train is an infrastructure that has been globally recognized for its speed, efficiency, and comfort. It is a high-speed train system that is built to connect distant Japanese regions with the capital city of Tokyo, to support economic growth and development. The Japanese bullet train is nominated to be the fastest railway train in the world. It is the best way to travel between cities on land, it was so spectacular, it becomes a competitor for airline services. So in this article, we’d like to cover the magnificent Shinkansen.

Japan Railways Group (JR) is the company that operates these Japanese bullet trains, with an extensive network of railways and trains that reach a top speed of 320 km/h (199mp/h) allowing passengers to get to wherever they need in such a short time. There’s a total of 9 lines in the Japanese bullet train system, taking us in different directions around Japan. With the Shinkansen, people can easily and quickly travel north from Tokyo all the way up to Hakodate on Hokkaido, or west past Osaka and Hiroshima to Kagoshima.

Further reading: The Globally Recognized Japanese Bullet Train: With a Spectacular Speed of 320 km/h

Super 5G Technology for Cities and Communities: And Its Development in South Korea

Cellphones that you were using today runs on a 4G technology, but in the near future, 5G technology shall be introduced worldwide, hopefully. In telecommunication lingo, 5G is the fifth generation technology standard for broadband cellular networks, such as internet providers. 5G is planned to be the successor to the 4G networks which provide connectivity to most current cellphones that we use today. In fact, companies such as Apple and Samsung already released 5G technology-supported cellphones, but we’re here to talk about community.

The super-fast internet services of 5G technology are already available for you to use, it is, however, aren’t available everywhere yet and choices remain limited. It is the next generation of mobile internet connections, and it’s offering much faster data download and upload speeds. The average speed of 5G is at 60 Mbps to 1 Gbps, but at the peak of its speed, 5G can reach up to 20 Gbps. With this amazing speed, downloading an HD movie will only take us 7 seconds to finish, while a large video game will only take us an hour.

Further reading: Super 5G Technology for Cities and Communities: And Its Development in South Korea

How Important is Corporate Social Responsibility: And Why 1 or 2 Corporations Should Take It Seriously

Corporate Social Responsibility, often shortened as “CSR”, is a form of taking responsibility by international private corporations which aim to contribute to societal goals. It is done when corporations engage in, supporting, and volunteering in an ethically-oriented practice. During corporate social responsibility, companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. The term “corporate greed” is getting popular lately, and thus we need to take CSR more seriously.

Like we mentioned before, corporate social responsibility refers to practices and policies undertaken by corporations that are intended to have a positive influence on the community around them. The key idea behind CSR is for corporations to pursue other pro-social objectives, in addition to maximizing profits. For example, how can a paper industry take responsibility for all the trees they cut to make paper. The most common practice of CSR includes minimizing environmental damage, promoting volunteerism, and donating to charity.

Further reading: How Important is Corporate Social Responsibility: And Why 1 or 2 Corporations Should Take It Seriously

4 Valuable Points to Make Currency Strength Tougher for a Better Economy

Currency strength varies for each country, some are strong and valuable while some are less powerful and has a smaller value. Currency is a medium of exchange for goods and services, it is money that you know and love, in the form of paper or coins. Currently, the strongest and the most important currency in the world are the US dollar (USD), the Japanese yen (JPY) and the euro (EUR), they are so loved in the foreign exchange market. You might be wondering how can a currency get stronger than the rest, we would like to know too, so let’s get to it.

This might sound funny, but one of the tactics to make a stronger currency strength is to make other currencies weaker, so perhaps, in the end, currency equality would never happen. How exactly are we supposed to do that you might ask, we can do that by selling foreign exchange assets and buying foreign currency. It goes like this, if a currency is bought by a country and they sold back the currency and bring the profit back to the country, it will devalue the said currency, while the currency strength in the said country will increase in value.

Further reading: 4 Valuable Points to Make Currency Strength Tougher for a Better Economy

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