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Jakub B

Reform Conservatism and a Smarter Supply Side Tax Agenda - 0 views

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    The article states in a very clear way which supply-side policies are effective and describe their advantages and drawback. It also refers to the usual 'conventional' policies that can do more harm than help. It ends with a recipe for the proper use of supply-side policies.
Zuzanna G

Australian Government investment in science reaches 30-year low - 1 views

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    This article is a brief analysis of Australian government's investment in research and points out that the amount of money invested is decreasing. It also presents possible future implications of this state of affairs.
Hardy Hewson

WikiLeaks' free trade documents reveal 'drastic' Australian concessions - 0 views

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    Secret negotiations over the Trans Pacific Partnership (TPP) free trade agreement have apparently been breached by another leak of material which shows Australian consumers could pay more for cancer medicines and face criminal penalties for non-commercial copyright breaches.
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    The article concerns the recent reveal by WikiLeaks of free-trade agreements between the nations of the Trans-Pacific Partnership (members include the United States, Japan, Australia and Singapore). The article states that Australia has made considerable concessions to nations such as Japan and the US by permitting increases in regulation over intellectual property, specifically for cancer related drugs. The new regulation could mean that government permitted monopolies could be extended, meaning patients may be forced to pay more for treatment for longer periods of time.
Amanda Anna G

Macroeconomic challenges no longer constitute risks - Finance Ministry - The Malta Inde... - 2 views

  • The Ministry for Finance notes with satisfaction that the European Commission considers that, compared to the last year, the macroeconomic challenges in Malta no longer constitute macroeconomic risks.
  • “the macroeconomic challenges in Malta no longer constitute substantial macroeconomic risks and are no longer identified as imbalances in the sense of the Macroeconomic Imbalance Procedure (MIP). It further notes that “risks to the sustainability of private and public sector debt and the stability of the financial sector appear contained. “
  • The Ministry also welcomes the Commission’s conclusions that “as regards public finances, Malta is expected to meet its nominal deficit targets in 2013 and 2014.”
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  • “the housing market has stabilised and thus risks arising from over-exposure to property are limited”; that “private debt is on the decrease”; that “the corporate deleveraging is taking place in an orderly manner and credit market pressures are limited.”
  • “trade performance has been positive” and that “the current account balance is in surplus." In particular the Commission also noted that "the export performance of the Maltese economy has been successful".
  • “The report, unlike the one published last year, is confirming that across various fronts, the Maltese economy and public finances are getting in good shape and are meeting the ambitious targets set by the Maltese Government,”
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    This article is about the economy in Malta. The macroeconomic challenges Malta have been facing are now no longer risks and imbalances in the economy. This is due to, among others, that the housing market has stabilized and the private dept is on the decrease. 
Yassine G

World economy needs more aggregate demand - Economic Times - 0 views

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    This might look like a very short article, however, i found it to pretty much sum up the whole theory, Aggregate demand is influenced by the government and hence decisions must be taken to increase aggregate demand. However, they must pay attention to other factors such as inflation and unemployment. this is what happens in real life. It is not just making the decision or finding a solution, it is also considering consequences and real needs and the ability to conduct a change. 
Mariam P

Copper Slumps to 44-Month Low on Concern China Demand Is Slowing - 2 views

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    This article is about the changes in price of the copper in China. And how that changes affect on aggregate demand of China.
John B

Drop in U.S. Jobless Claims, Rising Consumer Confidence Point to Recovery - Bloomberg - 2 views

  • Fewer Americans filed claims for jobless benefits last week and consumer confidence stabilized
  • indicating strengthening sales in the U.S. and overseas are helping manufacturers like United Technologies Corp. (UTX)
  • We have an economy that is growing solidly,
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  • A slowdown in firings and growing payrolls may spur further gains in consumer spending, which accounts for about 70 percent of the economy.
  • report today showed orders placed with factories unexpectedly fell in February for the first time in four months, reflecting weaker demand for capital goods and military aircraft.
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    This article is dealing with the economy in the U.S. It starts with stating that consumer confidence is stabilized, which could be because of the growing economy in the U.S. For example, the sales in U.S. and overseas are strengthen. One could also see from this article that the amount of people being fired from their jobs decrease which contributes to a growing consumer spending. Although, the demand for capital goods and military aircraft is becoming weaker.
Pietro AA

Breaking America's meat monopoly - Chicago Sun-Times - 0 views

  • Breaking America’s meat monopoly
  • The quest for cheap meat has resulted in a ruthless market that has left 85 percent of supply in the hands of five companies.
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    I found this article interesting even if it still has to do with microeconomics. I tals about the meat monopolistic competition in U.S. that is more of a monopoly than a perfect competition. It describes how the monopoly have negative externalitites because of poor animal treatment and conludes by stating that the market should become more competitive and differentiated.
Yassine G

Aggregate Supply, Aggregate Demand, and Coal - NYTimes.com - 1 views

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    this article talks about how a policy change could affect aggregate supply. It is quit hard to understand but it is very interesting. Of course this is from the point of view of an economist, Paul Krugman 
Pietro AA

Gov't urged to abolish NFA monopoly | Inquirer Business - 1 views

  • “costly, impractical and discredited” rice self-sufficiency policy and has sought the abolition of the monopoly of the National Food Authority (NFA) on rice importation.
  • reforms in the country’s policy on rice procurement were necessary to “improve the welfare of consumers, to foster agricultural growth, to reduce graft and corruption and truly implement ‘Daang Matuwid’ (righteous path).”
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    I just read this incredibke article that has to do with many things in microecon. It talks aboup the rice industry in the philippines. More specifically, about the competition between the local producers and a monopoly that involves importation. It is an actual situation where you have Monopoly vs. perfect competition. You should read it!!!
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.
John B

Report: Fresno area aggregate supply slipping - 1 views

  • Despite several approved and extended rock mines in the last 10 years, Fresno County's current aggregate reserves are not expected to last very long
  • aggregate is still in short supply in the Valey
  • Current mining operations in the region are estimated to have less than 10 years remaining to meet the projected demand in construction.
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  • Northern Tulare County was shown to have a little more leeway with 27 million tons of permitted reserves. That represents 22 percent of the area's 50-year demand of 124 million tons, a supply of 11 to 20 years.
  • Much of the aggregates needed in the Fresno area are produced in Coalinga out of mines operated by Granite Construction and Jaxon Enterprises, both of which are reaching the end of their supplies
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    This article deals with the fact that the company Fresno County has little aggregate reserves compared to its competitors. This means that they cannot produce as much as they would need to in order to keep its business going.
Marenne M

Demand soars: Sydney houses start going for more than $1m over reserve price | theteleg... - 1 views

  • Demand soars: Sydney houses start going for more than $1m over reserve price
  • ORDINARY suburban homes in Sydney are selling for more than $1 million over reserve owing to intense ­demand and sparse supply.
  • Two properties broke this mark in the first eight weeks of this year’s selling season.But industry experts ­refuse to speculate that Sydney is in the grip of a property bubble, saying the extraordinary prices were a sign of intense buyer fever.
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  • “People are now happier than ever to pay the premium price for the property they want. But now even the ordinary homes, if you want to call them that, are ­inviting extraordinary prices.”
  • “Sydney’s average appreciation for property has gone up by 14 per cent in the last 15 months. That’s enormous and if it continues, there’s room for worry,” he said. “But at the moment the market just appears excited.”Yellow Brick Road founder Mark Bouris was cautious not to hype the property price hikes.“You’d have to be careful in the investor market ­because when aggregate ­demand is so high you have to start considering that their pricing is potentially above where it should be,” he said.
  • Last month, a three-bedroom apartment in Kirribilli sold for $4.325 million, shattering the $3 million reserve.
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    This article explains how rising AD has lead to house prices rising exponentially in Sydney, Australia. Houses are selling for around $1 million AUD over reserve and a three bedroom apartment recently sold for $4.3 million breaking the $3 million reserve. The rising demand for houses is typical of economies at the moment as most workers want to move to large cities to secure jobs. 
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    This article describes the great aggregate demand in the housing industry in Sydney, leading to massive consumer spending. People are buying houses way over their selling price, because the aggregate demand is so high. 
Clemente F

Low Inflation Simply Reflecting Weak Aggregate Demand - 1 views

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    This article discusses how the low inflation is simply the reflection of a week aggregate demand.
Amanda Anna G

Centre for Policy Studies: Productivity is Key to Securing UK's Economic Recovery - 1 views

  • Centre for Policy Studies: Productivity is Key to Securing UK's Economic Recovery
  • Yesterday saw the release of another good set of jobs figures. Employment rose and youth unemployment and long term unemployment fell. Nevertheless, to secure the recovery and generate sustainable real wage rises, we need to break the decade long stagnation in productivity which is holding back our economy.
  • These increases in employment and hours worked have been crucial in restoring economic growth.
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  • However, at some point the gains to be made from increasing the number of workers and increasing the number of hours will diminish. Education and welfare reforms combined with more robust growth in aggregate demand will cause the pool of available workers to shrink. When we reach that point, productivity will need to rise to support output growth and real wage rises.
  • Weak demand and labour hoarding have often been cited as the causes for this sustained weakness. However, stronger growth in demand in 2013 has not led to significant increases in output per hour. Rising aggregate demand must surely lead to some increases in productivity over time but it is clear that other structural reasons are holding back productivity growth.
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    This article discusses how to secure the UK's economic recovery. It is suggested that increase in employment and hours worked could restore economic growth. At some point, this increase will diminish due to growth in the aggregate demand combined with education and welfare reforms that results in a decrease in the available workers. However, it is argued that rising aggregate demand would lead to increase in the productively over time, but other reasons are holding back productivity growth. 
Haydn W

Ukraine Uncertainty Depressing Growth and Investment | The Moscow Times - 5 views

  • As world leaders increase or trash their political clout depending on their audience and the statements they make about the situation in the Ukraine, some analysts were revising Russian GDP growth estimates to as low as 1.1 percent for the year.
  • Wednesday was a calmer day on the stock markets, following a dip of 10.8 percent Monday morning that vaporized near $60 billion of valuation from Russian companies.
  • Although Russia has seen some short-term budget benefits from ruble devaluation and increasing oil prices, the current impasse is not helping to fight stagnation or attract investment.
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  • The ruble strengthened slightly to 36 against the dollar and 49.4 against the euro Wednesday evening. This was well above the lows reached on Monday
  • Tightening fiscal policy was topped by possibly impending U.S. sanctions, including economic ones, followed by President Vladimir Putin's claims that Russia may use force in Ukraine if necessary.
  • The heap of these latest events has caused some analysts to revise their overall economy forecasts.
  • PSB Research said Wednesday it would decrease its initially modest GDP growth estimates for the year from the range of 1.5 to 1.8 percent to 1.1 to 1.3 percent.
  • Political standoff will also further stimulate the outflow of capital, Fedotkova said, as investors are reluctant to channel their money into the country that may be possibly involved in any kind of military activity
  • As for businesses, a recent survey done by the Gaidar Institute suggests that more than a third of CEOs and owners of private companies would consider investing in production this year if the price for equipment went down and if the macroeconomic outlook were more certain, Vedomosti reported Monday. At the same time macroeconomic uncertainty was a headache for only 10 percent of surveyed state-controlled companies. No margin of error was given for the survey.
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    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.
John B

Jobs at a Turning Point - NYTimes.com - 0 views

  • the employment report for February was a relief. The news that the economy added 175,000 jobs last month was better than anticipated, and much better than the dismal reports in December and January.
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    This article is talking about how the unemployment has gone down. Even decreased more than expected. It also discuss how the parties have been thinking about the unemployment in the US.
Daniel B

Britain's GDP Figures - 1 views

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    the article shows the pace of growth of Britain's economy based on GDP in different period of time.
Mariam P

China sets 7.5% GDP target - 0 views

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    This article is about the GDP of China. The government is trying to keep the GDP unchanged from last year. In 2013 it was 7.7%. But now, there are some challenges facing the economy in China.
Hardy Hewson

UK Economy to hit Pre-recession Peak by Summer - 0 views

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    The attached article concerns the apparent recovery of the British economy according to the business lobby group 'British Chambers of Commerce'. They forecast economic growth to reach 2.8% this year (a rise of 0.1% from previous forecasts). This is extremely pertinent given the imminent announcement of the new government budget on March 19th.
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