Economic Policy

Australia, a high-income developed nation, is known for its robust economy, abundant natural resources, and high quality of life. Despite its strengths, the country faces challenges such as reliance on commodity exports, housing affordability crises, and an aging population.

The Philippines, a middle-income developing country, has emerged as a key player in the global economy due to its growing service sector, strong remittance inflows, and youthful population.

The European Union, the world's second-largest economy, has historically been a hub of innovation, industry, and global influence. However, economic stagnation, demographic shifts, and energy challenges have placed the EU at a crossroads.

The United States, the world’s largest economy, has exhibited remarkable economic growth over recent decades. However, this success masks underlying challenges in workforce participation, income inequality, innovation, and infrastructure.