Group items tagged

The article talks about how the chamber president of Dothan AL is excited about economic development in Dothan City. He sates that 2 economical developmental projects are under way for the Dothan City Airport and around $100 million awaits for market expansion.

This link gives a general summary of the HDI report of 2014, and also of India in particular in the second half of the report

This article discusses the difficulty in assigning an actual measure of economic development for economists. While they are able to work with numerous statistical comparisons such as GDP, these do not provide a full view of the economic standing of an economy (The GDP, for example, does not include assets). This makes it difficult to measure economic development.

This article discusses the possible economic future for Venezuela throughout 2015. Therein, it is stressed that previously, Venezuela has made significant strides in improving its Human Development Index (HDI), indicating that it and other indicators of development are bound to improve in the near future as well.

Education is a vital part of economic development, however, in this article it says that education does not lead to higher levels of economic growth. It says that education remains a good investment for individuals. The tougher question is whether education at all levels is such a great investment for societies as a whole.

This article discusses different metrics, including GDP, as a measure of human development. It also criticizes studies that measure "happiness" as a form of statistical analysis of development. It states that happiness tended to vary widely even within the same income group, and so it is relatively unhelpful for forming conclusions.

The article talks about the economic growth many developing countries have experienced in Asia. However, they are facing a problem: the developed world is experiencing a recession which may slow Asia's growth down.

This article discusses the impact of low economic development in an exemplary LEDC, Kenya. It explains how freshwater is very scarce and how it has hurt the growth of agriculture in the country's poorest county, Turkana County, but also outlines how the discovery of new water reserves could possibly combat this. Unfortunately, though due to the underdeveloped infrastructure of the region, and the inefficient enterprise (in this case, the government), it could be difficult to realise a steady supply of water. Thus, a vicious cycle is formed, in which development increases at a snail's pace.

This article discusses China's developing economy, the major consequences of this growth, and regulations that have been presented to mitigate some of the damage. Their developing economy causes an increasing output of energy required to sustain it, and as consequence, an increase in harmful emissions (a negative externality).

This article discusses how India is on the road to an increased economic growth rate, which however is not in tune with the plans of economic politicians. The article discusses how the economy's potential growth has played a crucial role in this.

This article talks about why India needs supply side economics to develop the economy and reduce inflation and unemployment

2012: Compared to the rest of the country, Assam India had ranked third in the rate of progression within the Human Development Index. Specifically, Assam has the highest progress rate within the Income Index section and the third highest progress rate within the Health Index section.

The article is a special example of a common good, as it gives us an example of a private property that is now going to be opened to the public. Lisa and Leon Gorman, the prior owners of Lane, an island near the mouth of the royal river in Yarmouth, have donated their private property to the Main Coast Heritage Trust. The Island formerly being a private hunting territory shall now become accessible to the public. It has been recognized as an "ecologically significant site" and shall now become part of Royal River which is being restored and protected. A long-term management plan is being developed, which includes the economic vitality as well as the significance of ecological protection of the Island and its surroundings. Although in a slightly different scenario, this article could give us an example of Elenor Ostroms theory of effectively sustaining resources through a self-motivated community.

This article in "The Economist" discusses differing arguments that support the idea that different radio frequencies should either need to be reserved, and thus be a form of private goods, or be common access resources that could be used by everyone. A specific example that is discussed is the American Federal Communications Commission (FCC) which manages the private reservation of radio frequencies. Overall, I found this interesting as it discusses a new common resource that has arisen due to a development in technology.

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.

This article shows how economic activity of certain countries like Japan and the U.S., are rising to the levels before the recession of 2008. According to the Organization for Economic Co-operation and Development this an improvement. The economic activity of other countries like China, Russia, and India are also shown.

The United Nations could implement a universal price floor for carbon offsets. This is due to their falling prices, which have dropped by 95%. This was due to the falling demand for them. In order to stop this a price floor would help significantly, especially because the UN wants them to be implemented in developing countries to reduce carbon emissions.

This is an article about 2013 Bangladeshi building collapsing and the incidents happened after it. It also analyse the reason behind the building collapsing. We have learned about scarcity. Because the scarcity of money, people tend to buy cheap fashion clothes. So companies are moving into poor developing countries, and using cheap labor to decrease the cost of labor. Also, this article made me think how we can do to protect those people who died in the collapsing by stopping buying cheap clothing.

This article describes the launch plans and the Xbox marketing chief's opinions on the profits made shortly after the launch in late November. He sais that even though all pre-orders have been sold out, due to the production, marketing, and development costs, there will be a very low margin at first. So even though the demand is very high, the price and supply are to inelastic to provide a higher margin for Microsoft.

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.