Group items tagged

This article covers the story of how a political party in India promises to eradicate tolls on a road if they get elected into power in the upcoming elections. Currently, it would take over 20 years for the cumulative toll to cover the cost of paying the company which built the roads. If the party does indeed come into power, then they would have to find a space in the budget for five times the current allocated money for road works. The political party saw an opportunity to get publicity by making this promise, since all commuters hate paying tolls.

This article discusses the differences in economics and politics in general, and touches upon how dependent economies are on the policies of government, and how the government is equally dependent on the behavior of economies.

This an interesting article about the economic happenings from the Great Recession to the present day. It explains how the US economy progressed through and after the recession through the use of fiscal and monetary policies. However, these "policies" did not seem to efficiently help in the recovery of economic growth. Issuing higher taxes (for the so-called sake of increasing government revenue) on both the demand side and the supply side caused further damage to economic recovery and unemployment.

This article talks about how Obama is focusing on an issue of unemployment inequality. It also states that he is going to pass a bill to raise the minimum wage and execute authority in education and economic development. Obama also highlighted a strategy of "sector partnerships" to bring firms together. This is related to this week's topic because all these situations can affect the whole economy of the nation. Politics are involved because the government passes bills or deals with the situation in some way.

The congress party promises to set the growth rate as high as 8% within three years. India aims at social, economic and political transformation.

Breaks down the understanding of the Chinese Economy based on three parts: its supply, demand, and credits. It outlines the types of supply, demand, and different types of credit that China's economy depends on. Along with it's reliance on investments. An interesting fact is that last year, output of services made for 46% of the GDP in China.

This article discusses the increase of consumer spending, even though incomes have remained the same. Consumer spending is the largest source of economic activity, and an increase in spending leads to stronger businesses, which leads to more jobs and better wages. This allows the Federal Reserve to scale back on the Economic Stimulus, which offset diminished consumer spending with public spending.

This Foreign Policy article contemplates that the Arab Spring uprisings were largely due to por and unstable economic situations, especially in Tunisia, where the revolutions started.

This article talks about the real growth and the nominal growth that is expected in Dubai for 2014. While this is not a good IA article as it explains quite a lot of what is going on. However, I though that especially for the start of macroeconomics it is useful to have something that actually does explain the situation.

This article tells how the mayor is trying to increase the minimum wage in San Diego. Some people think it could be bad for business and that it would eliminate jobs. The article also talks about taxes and how they should be imposed and where.

This articles talks about Obama's annual speech, in his speech, Obama promised a number of things including: raising the minimum wage, creating a new tax-free savings bond to encourage Americans to save, to work for the closure of the Guantánamo Bay prison, just to name a few. The increased minimum wage will help a lot of people in America and will help increase the standard of living for them.

The article talks about the movement called "Shut Down Wall Street on the Waterfront". This is an attempt to disrupt trade at San Diego, Portland, Los Angeles, Tacoma, Oakland, and Seattle. For example, on Monday the shipping port in Portlands was blocked.

This article is about India's need for supply side policies, to ensure future economic growth, and prevent the growing industry to grow to be a problem for the future economy.

The article discusses the development around a planned economic integration to the political African Union (AU). Plans were made to establish a free trade agreement amongst the large AU, however officials have deplored the low level of sustainability among member states, and general non-inclusive attitude of many economies.