Group items tagged

This article details France's success in it's road to recovery following the Eurozone sovereign debt crisis. This week the IMF has hailed president François Hollande's cutback path to repair the countries economy but commented that his targets may be 'very challenging.' This comes after the French government has delivered vast savings through austerity measures whilst retaining general stability despite the rise of far-right groups like The Front National. In my opinion for a country in the eurozone Hollande's France seems to be doing well for itself on the road to recovery and could set an example for other Eurozone countries, like Greece and Portugal.

This article is dealing with a book called "Dead Men" that is about how the government is so divided into two halfs, where both try to stay away from increasing taxes as that is what the voters mostly look for.

This article relates to equilibrium and price mechanism because it describes changes in impacts of the market. Stakes are growing, there are "intensified speculation about America's long-term stability" due to a downgrade in the country's credit rating, and an unstable state at the "fiscal cliff". These worries and a political impasse in Washington are some impacts that has threatened negative economic repercussions in the US, moving the market equilibrium. In response to changes in price, resources are allocated and re-allocated. However, profits are still able to be made making the equilibrium more stable without excess demand and supply, due to that the US has its popular culture and economic innovation, helping the country to retain attractive qualities for many foreigners.

I think this is a very serious matter, that could affect the world's over all economy if it goes on for a while. We can see that obviously a majority of the world's largest companies are american and based in america. If this effects any of those companies, the market they operate at will see a big change, both in the good way and the bad one.

This article from Forbes is primarily titled to be a forecast about inflation in the coming fiscal year but it also interestingly (and relevant to our studies) discusses the different arguments and criticism surrounding the modelled Phillips Curve. The article also contains an interesting graph that is based on recorded statistics about inflation and unemployment which helps to demonstrate the problems with the Phillips Curve model. 

This article explains how production costs in India could have been cut if Coal India had kept prices lower. The article also tells us that the company has a monopoly on the industry and is state-run which has lead some people to criticise the government. The company has been accused of protecting its own interests by raising prices to cache its bank balance. 

This article is about how the BlackBerry phones are dropping in demand, and therefore the company have to "cut roughly 40 percent of its staff..." because of the loss of $965 million. When they have to cut down on he staff, it means that they can't afford the service that those workers can provide.

This article is about how the BlackBerry phones are dropping in demand, and therefore the company have to "cut roughly 40 percent of its staff..." because of the loss of $965 million. When they have to cut down on he staff, it means that they can't afford the service that those workers can provide.

This article concerns the challenges facing the new leader of Indonesia, Joko Widodo, specifically the prospect of fiscal stimulus to the economy, the breaking down of government bureaucracy, and the supply-side reforms that may make this possible. It also discusses the personal experience Widodo has in combatting similar challenges as Jakarta Governor, and concludes that, on their own, supply-side reform will not "boost the economy in the short term, but announcing some positive reforms should encourage investors and that should help with the demand side as well."

India, the world's second-largest gold-consuming country, is battling a balance of payments crisis as the gold import industry grew exponentially in a short amount of time. Though the spike in the import numbers is clear, no clear action has been taken yet; policymakers, however, agree that restrictions must be placed on private trading houses. Private jewelry exporters are the main customers and account for a massive number of the bulk for the demand of gold. "India sharply restricted gold imports in early 2013 as the country battled a balance of payments crisis triggered by the U.S. Federal Reserve's announcement that it would start to ease its programme of quantitative easing. But it eased some of the measures after India's current account deficit fell sharply from the record high of 4.8 percent of gross domestic product in the fiscal year ended in March 2013 to 1.7 percent in the quarter ending in June."

This article explains how the recent stand-off crisis in Ukraine is having a negative effect on the Russian economy, with the Rouble taking a further fall and GDP growth estimates being revised downwards. Predictably sanctions imposed by the west on Russia in response to the occupation of Crimea, an autonomous region of Ukraine populated largely by ethnic Russians, have affected businesses in Russia. We learn from the article that some $60 billion valuation has been lost by Russian companies in light of the tensions. This article relates to the macroeconomic concept of circular flow being a complex process with international trade and governments being involved majorly in proceedings.

This article evaluate fiscal and monetary policy in reference to a real world example, and go over the benefits of supply-side policy. It suggests another course of action for the US government, one where supply-side policy would be emphasised rather than any demand-side policy, because the author states that the economic stagnation is not a demand-side problem. Easy article that evaluates policies in a clear way.