Group items tagged

This article stresses the continue increase of the prices of goods and services in Singapore, causing the inflation in the country to keep growing further. Moreover, this article talks about that the consumer price index (CPI) has risen in August of this year 2% more in comparison with the last year, they also had calculated the CPI in July of this year, which was 1.9% meaning that the inflation kept increasing constantly. This article also strains that one of the main causes for the increase in inflation in Singapore is because of the government measures to slow the inflow of the cheap foreign workers into the city-state. If the inflation in Singapore continues to increase, in the long run this will cause the country's currency to have a value of almost nothing. The consequence of this will be that the people living in this country won't have enough money to live a normal life. Therefore, they will have to have an aid from the government.

Singapore has been dealing with high inflation, which has risen significantly. This is especially in relation to core inflation, that excludes house and car costs, which is higher than had been predicted. Their CPI has increased as well. The Monetary Authority of Singapore has tightened the monetary policy in response to decrease the rate of inflation.  The inflation has partially been caused by restrictive government policies, which attempted to reduce the amount of low-wage foreign workers. These actions were taken due to locals' requests as there is a limited amount of jobs in this small state. The effect was that firms had to increase prices because of increased wages (cost of production) once the cheaper workers were no longer available. Consequently inflation increased more quickly, as did the CPI. To solve the issue, governments are encouraging firms to hire Singaporean employees.   

The article mainly focuses on the canadian economy affected by inflation. Canada's annual inflation rate slowed to 1.1 percent in august. rent price went up 1.7 over one year, natural gas gained 9.5 %. Food price went up 1 %. the living standards went up, therefore living costs increased parallelly.

In August, China experienced their highest trade surplus of the year. With an increased interest in global nations, it is a teller of China's currently well-controlled inflation rate. If the rate of goods remains consistent, the greater interest of importers could dig China out of the domestic debt hole they're currently in. With a healthily increasing inflation rate, like anywhere, China is experiencing higher wages, and higher domestic consumer prices. All in all though, the positive direction the net exports are moving in gives us a sense of the ideal, well-managed, increasing inflation rate in China.

This article discusses about the recent (August) increase of inflation in Japan, after a deflation that had been lasting for fifteen years. The labor market is very tight and companies have been starting to raise wages, which would indicate that prices will still rise, leading to Japan reaching its goal of a 2 percent inflation rate. Japan has come through recession in 2012, and prices raising tend to indicate that Bank of Japan's monetary stimulus and reflationary policies have been bringing improvements to the economy.  The fact that inflation has been increasing lately will have absolutely a positive effect on Japan's economy, which has grown by a third between April and June. What Japan needs to focus on now is keeping the inflation rate stable and not letting it be affected by disinflation. Prime Minister Abe has been pressuring employers to raise wages, which it might not be the best move, since it will reduce their competitiveness. In the long-run, if the inflation is kept at a normal and stable percentage it will surely be positive for Japan's economy. 

the currency of Japan is deacresing. this has a negative effect on the whole japanese economy. the rate of inflation has never been so high in 5 years. cost of fuel and electricity rises.

Ettore, please add some more thoughts. I would you like you to have at least 3-4 sentences summarizing the article and then a few more relating it to the cause/effect/impact of inflation.

The federal reserve has issued a statement where they intend not to raise the interest rates as long as the rate of inflation keeps itself low. It had originally lowered the interest rates in response to the 2008 financial crisis. The issue with this is that persistently low rates leads to a fear of a low value. The effect of this is a decreased aggregate demand as there is a lesser incentive for consumption.

The article is talking about the situation in japan. The article talk about the deflation that japan has been suffering for the past years, but is saying how japan adapt to it and benefit from it. At the end of the article talks about a paradox that is happening in Japan called the Abe's Paradox that is when a country is both suffering and benefiting form deflation so they don't now to keep it and increase the countries debt or remove it.  The cause of the inflation in japan has been based on how japan has not make any polices to increase central bank polices and that the resulted in deflation. The effect has been both positive and negative, is that the nation debt has approach the 250 percent of gross domestic product. The positive effect is that how deflation helped the price levels to be stable and act like tax cut for households, and put some sobriety for cost. Also how the economic players of japan have adapted to deflationary environment and they now how to benefit from it.

This article mainly discusses about the government in India having a hike in DA by 10%, which allows the lakh employees and pensioners have a benefit. A hike in dearness allowance to 90% from existing 80%, this benefits around 50 lakh central employees and 30 lakh pensioners. The government caused this in order to give benefits to employees and pensioners. Which will show a effect of proportion of basic pay, and it will work out to be over 90% after factoring in the revised all India Consumer Price Index for the Industrial Workers. The impact of it will be that DA was hiked to 80% from 72%. The government uses Consumer Price Index for industrial workers to arrive at a number for the purpose of any DA hike. The retail inflation for the industrial workers (July 2012~ June 2013) needs to take a finial decision.

1) Distinguish whether or not the article is talking about absolute or relative poverty. This article is talking about absolute poverty 2) According to the article what are some possible causes of poverty. According to the article some possible causes of poverty are: a. Inflation increased b. Wages increased slower than the rate of inflation causing people to be earning less. 3) According to the article what seem to be some of the consequences of poverty. Some of the consequences of poverty are: Income fell as the earnings and benefit grew more slowly than the cost of living. Therefore there is also a decrease in the living standards.

my ia

1) Distinguish whether or not the article is talking about absolute or relative poverty. 2) According to the article what are some possible causes of poverty. 3) According to the article what seem to be some of the consequences of poverty. 1) In this article, the Untied States are described as having a large amount of relative poverty. 2) The cause of the poverty is stated to be the lack of attention to issues by the Government and media involving poverty. The effects of this may be a poorly adjusted minimum wage to inflation, the lack of support for those in relative poverty and the removal of unemployment benefits. 3) It is implicated in the article that there is a poor level of attention to this issue, and that the level of equality is low. The reason to this may be the higher efficiency in an economy at a low equality.