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Marenne M

Ebola Brings West Africa Economic Development to Screeching Halt - 0 views

  • United Nations Development Program finds the Ebola epidemic is dramatically setting back prospects for economic development in Liberia, Sierra Leone and Guinea.
  • impact of Ebola has caused a breakdown in trust between these governments and their people.
  • “For instance, Liberia is going to record its first negative growth trend in 2014, which we estimate to be something as high as minus 1.8 percent negative growth, which is very serious,"
  • ...3 more annotations...
  • fragility of the countries' health systems, a lack of health care workers, and cultural practices that often accelerate the spread of Ebola.
  • Ebola crisis in West Africa has resulted in job losses, rising food prices, and agricultural disruption.
  • harp drops in the use of health and education services are likely to increase poverty, child and maternal mortality, and facilitate the spread of HIV/AIDS and malaria, particularly for the rural poor.
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    This article describes the impact of the Ebola virus on the economic development in Western Africa. The lack in health infrastructure has not only lead to negative economic growth, however it has also led to the decreased use of education and healthcare services, increased job losses, rising food prices, agricultural disruption, increased poverty, increased child and maternal mortality, and increased the spread of HIV/AIDS. The initially poor infrastructure in Western Africa has led to negative development.
Yassine G

Portland mayoral candidates disagree a bit - 1 views

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    This article highlights the objectives of candidates who are running to be mayor of the city of Portland. They discuss what their vision is and how they could reach it. Some of their goals is improving infrastructure which is an interventionist supply side policy. The article also highlights some macro economic objectives such as growth and lower unemployment 
Hardy Hewson

Mexico Ends National Crude Oil Monopoly - 4 views

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    After 75 years of barring foreign investment into her oil fields, the Mexican government (particularly President Enrique Pena) is set to repeal laws that had previously ensured a state monopoly of Mexican crude oil. As one of the biggest crude resources in the Western Hemisphere, this move poses a dramatic increase in North American crude exports, which will rise to second in quantity behind only Saudi Arabia. The bill to end the monopoly was approved by the Mexican Congress in mid-December and could see foreign investment eventually rise to approximately $15 billion per year. However, potential issues arise in the form of material delays, local opposition to drilling and a lack of pre-existing infrastructure.
Daniel B

Five economic issues that have the RBI Governor Raghuram Rajan worried - 1 views

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    This article talks about five important economical problems
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    ("Growth in 2013-14 is likely...) NEW DELHI: In its macroeconomic Review of the economy, the Reserve Bank of India has underlined various risks to a sustained recovery for the economy. RBI is of the opinion that a durable domestic recovery remains contingent on addressing persistent inflation and bottlenecks facing the mining and infrastructure sectors.
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