EconM2015 September 2013

This article highlights how the foreign debt of The Philippines has decreased over the years.

This article discusses Greek's overwhelming debt load, and anti-austerity sentiments in voters. Greek currently has the second largest debt burden as a percentage of GDP of all developed countries in the world, after Japan. Furthermore, Greece currently has an unemployment rate of 25 percent.

The article discusses how foreign debt has increased in Japan. For example, net purchases of Canada's sovereign bonds maturing in more than a year rose to ¥99.5 billion ($822 million), the most since May 2010.

Guinea, Liberia and Sierra Leone were granted a debt relief of $100m by the International Monetary Fund (IMF). This was given to help relieve their financial burdens those especially due to the Ebola epidemic. Ebola has greatly ate up their aid funds in healthcare and programs.

This article discusses how foreign direct investment has changed as an annual measurement for Mexico.

This article shows how the Mexico's FDI is decreasing.

Egypt's investment minister has predicted the FDI into Egypt to double in the coming year, as the civil conflict is settling and the economy is regaining stability and confidence.

This article discusses the high competition for foreign direct investment (FDI) in the European Union. While at one point the highest recipient of foreign investment, investment in the EU, as a percentage of world investment has fallen significantly. This still represents an increase in real value though.

This article questions whether China's so called multinational corporations are really enough to be called multinationals since their brands are not known or making much of an impact as compared to others such as cola-cola, McDonalds, and Sony. Sure, China's MNC's have slowly slipped higher up the ranks but many factors still limit their expansion. The rest of the article gives several of these factors and explains why.

This article discusses how Argentina has fell from its position as one of the most vibrant economies in the world a century ago. It details failure and ineptitude from the government, including a policy of import substitution, which backfired miserably.

This article talks about how a Russian company will use import substitution of metal and engineering products. This means that other countries will lose about 2.5 million USD from orders from Russia.

The Ugandan parliament is pushing export-led growth by pressuring export industry organizations to increase productivity. This is to decrease Ugandan deficit, so the income would be spent on debt service and not economic development.

This article talks about how the Pharmaceuticals Export Promotion Council suggest for India to open up at least two more seaports for the expansion in exporting drugs and medicines.

After a major failure of a bank in Malaysia, an microloans are going to be offered in order to spur business in the area and grow the flagging developing economy.

News about microfinance. Commentary and archival information about microfinance from The New York Times.

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.

In this op-ed piece, the suitability of GDP to measure well-being is evaluated and criticized. It takes into account the role and importance of HDI, and possible replacements of GDP.

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.

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

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.

South Korea's terms of trade rose for a fourth consecutive month in December as sliding oil prices pushed import prices down more steeply than export prices.