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Home/ Andy's PJE 2013-15 SL Economics class/ Group items tagged financial crisis

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Jonah B

Obama Speaks of Better Days for Economy, With Asterisk - 0 views

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    The following article summarizes Obama's speech, where he talks about how the economy is gradually recovering from the financial crisis. The President states how the housing, manufacturing and automotive markets are rebounding, and thus leading the US out of the financial crisis. Obama then explains how there still is a long road ahead for the financial crisis to be overcome, in order for nobody to be left behind without a job.
Ben G

BBC News - Strong UK GDP figures expected for 2013 - 0 views

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    Official figures about to be released are expected to show the UK economy grew at its fastest rate since before the financial crisis.
Yuqi Y

Mark Carney abandons Thatcher-era supply-side policy - 0 views

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    Thatcher-era supply-side policy had been used in UK for a number of decades. Mark Carney, the new governor of the Bank of England wants to reduce unemployment through the monetary policy goal rather than the supply-side policy. He is making efforts to change the emphasis on the supply-side policy, which has always aimed to reduce employment and to control inflation by implementing the increase in investments and the introduction of taxes towards the rich. Carney wants to shift the conditions of the markets towards driving up more investors and creating financial stability through the interest rate policy. This may be the solution to UK's economic problems, which had been lasting for a number of years since 2008 and the Euro crisis.
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