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Pietro AA

S. Korea's Economy Grows More Than Forecast as Exports Climb - Bloomberg - 0 views

www.bloomberg.com/...forecast-as-exports-climb.html

aggregate demand inflation s.korea forecast exports climb economy

shared by Pietro AA on 24 Apr 14 - No Cached
  • South Korea’s economy expanded at a faster pace than forecast, showing momentum that could boost inflation pressures and build a case for a rate increase.
  • Gross domestic product grew 0.9
  • rivate consumption increased,
  • ...5 more annotations...
  • Exports weathered the won’s 8 percent climb against the dollar
  • rowth will accelerate to the quickest pace this year since 2010, helping push inflation up to its target band.
  • he economy is doing well broadly, across exports, consumption and jobs
  • ncrease in the nation’s exports f
  • Growth was constrained by weakness in business investment,
  • Pietro AA on 24 Apr 14
     
    great article about the macroeconomy of S.Korea. Maybe it gives too much info so it leaves less space for analysis.
Daniel Soto Aggard

South Korea Increases its Terms of Trade - 1 views

www.globalpost.com/...terms-trade-rise-3rd-month-nov

terms of trade south korea

shared by Daniel Soto Aggard on 18 Jan 15 - No Cached
  • Daniel Soto Aggard on 18 Jan 15
     
    This article concerns South Korea and its increase in the terms of trade due to the cheaper oil prices. Its import price have fallen steeply compared to its export. Affecting the county's GDP and economic growth.
Clemence Lafeuille

South Korea proposes 513% tariff on foreign rice after import caps scrapped - 4 views

www.chinapost.com.tw/...South-Korea.htm

tariff South Korean China quotas imports

shared by Clemence Lafeuille on 24 Oct 14 - No Cached
  • Clemence Lafeuille on 24 Oct 14
     
    This article explains how South Korea is now imposing an extremely high tariff of 513% on foreign rice (mainly from China) on top of the already existing quotas to try to protect the domestic market even more
John B

William Easterly: Singing About Fighting Poverty, Slightly Off-Key - WSJ - WSJ - 1 views

online.wsj.com/...ty-slightly-off-key-1412292935

Supply-side

shared by John B on 03 Oct 14 - No Cached
  • The progress against poverty in China is obvious, but whether China's government deserves to be held up as a development model is not so clear. For instance, who gets to decide whether mainland Chinese citizens should be content with improved standards of living and so few protections against the frequent violations of their rights by their own government?
  • Extreme poverty in China has been reduced over the past few decades precisely because Beijing permitted the freedoms of a market economy to infiltrate a communism-blighted society. If the regime's repression now worsens, count on the end of the country's high growth rates.
  • Yet freedom is arguably central: first, as an end that people want for themselves, and, second, as the most well-proven path to escaping poverty. Consider among others North America, most of Europe, Australia, New Zealand, Japan, South Korea, Taiwan and Chile, where the answer to poverty was economic and political freedom.
  • John B on 03 Oct 14
     
    In this article, the author discuss the affects of the actions of the government in China. It is a modern topic today due to the demonstrations being held in Hong Kong. The authors mentions that the statement about entering a democracy, and then pulling back on the decision means that they were on the right track to get the market more free from the government, hence less poverty, but now he thinks it is gonna worsen the economical conditions. A free market has saved many economies, why should China still not give in for the human rights and improve their economy?
John B

Large fishing nations fail to agree to deep cuts in Pacific tuna quotas | Environment |... - 2 views

www.theguardian.com/...g-nations-fail-cut-tuna-quotas

quota

shared by John B on 24 Oct 14 - No Cached
  • The 33 member states of the commission, which is tasked with ensuring sustainable fishing, negotiated a proposal to reduce the amount of yellowfin and bigeye tuna, which is regularly used in sashimi and sushi, by 2018.
  • The US, China, South Korea, Japan, Indonesia and Taiwan are responsible for 80% of bigeye tuna caught each year. In 2012, a record 2.6m tonnes of tuna was hauled from the Pacific – 60% of the global total.
  • “The big nations are the disappointing ones, given that they’ve refused to take cuts in their quota,” said Amanda Nickson
  • ...2 more annotations...
  • Large fishing vessels will also now have to carry unique identification numbers, similar to passenger and cargo ships. The move is aimed at reducing illegal and unreported fishing.
  • Although there has been progress on some measures, it’s disappointing to see the commission fail on its core objective, which is to ensure sustainable fishing.
  • John B on 24 Oct 14
     
    This article deals with the quota put on the big nation's extreme fishing. The problem is that the nations ignore the quota and therefore there are species that are on their way to becoming extinct.
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