Group items tagged

this article relates to this week topic on macro economics. this article is about Ethiopia's macroeconomic activity and how the GDP being reported no national tv is inflated and if it does not of substantial base it will inevitably collapse.

The Australia government is proposing a change in their confusing government subsidies for childcare to have one single payment which subsidizes up to 90% for low income families. This is a tool to reduce income inequality and to encourage young children from lower income groups to be able to have a strong foundation in their education. The problem of this subsidy is the question of the unhappiness of the taxes payers who may resist this proposal because of the higher government expenditure incurred on families which may have many social problems and are unable to have a stable employment.

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

With elections on in many parts of India, much is being said about the importance of democracy and how it brings growth and prosperity.

This article talks about how the US economy has grown by 3.6 percent in the third quarter of 2013, and how stockpiles account for a vast majority of this grow.

Indonesia's economy is reporting the slowest growth rate in 4 years. While in the previous years the GDP increased by over 6 % this year the economy only grew by 5.78 percent. Apparently are declines in the import of raw materials and machinery, and the Indonesian central bank raised its benchmark 5 times to account for their current deficit of 10 billion.

BBC News - Greece jobless rate hits new record of 28%

Pay increase and a fall in unemployment a boost for the Bank of England