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Duncan Innes

Household Saving Rates | Global Finance - 0 views

www.gfmag.com/...96-household-saving-rates.html

wealth effect household saving rates GDP

shared by Duncan Innes on 19 Sep 11 - No Cached
  • Duncan Innes on 19 Sep 11
     
    How household saving rates affect short term and long term growth. The wealth effect explained - clear writing great graph 
Duncan Innes

BBC News - Japan reports record annual trade deficit - 0 views

www.bbc.co.uk/...business-25908413

bbc news japan annual trade deficit trade defecit

shared by Duncan Innes on 27 Jan 14 - No Cached
  • Duncan Innes on 27 Jan 14
     
    The effect of devaluation on Trade Balance
Thomas Minney

Poverty Is Poison - New York Times - 0 views

www.nytimes.com/...18krugman.html

poverty africa new york times

shared by Thomas Minney on 16 Dec 10 - No Cached
  • many children growing up in very poor families with low social status experience unhealthy levels of stress hormones, which impair their neural development
  • That’s not surprising. Growing up in poverty puts you at a disadvantage at every step. I’d bracket those new studies on brain development in early childhood with a study from the National Center for Education Statistics, which tracked a group of students who were in eighth grade in 1988. The study found, roughly speaking, that in modern America parental status trumps ability: students who did very well on a standardized test but came from low-status families were slightly less likely to get through college than students who tested poorly but had well-off parents.None of this is inevitable. Poverty rates are much lower in most European countries than i
  • came into office in 1997 made reducing poverty a priority — and despite some setbacks, its program of income subsidies and other aid has achieved a great deal. Child poverty, in particular, has been cut in half by the measure that corresponds most closely to the U.S. definition. At the moment it’s hard to imagine anything comparable happening in this country. To their credit — and to the credit of John Edwards, who goaded them
  • ...9 more annotations...
  • dest in scope and far from central to their campaigns.I’m not blaming them for that; if a progressive wins this election, it will be by promising to ease the anxiety of the middle class rather than aiding the poor. And for a variety of reasons, health care, not poverty, should be the first priority of a Democratic administration.
  • he nation turns back to the task it abandoned — that of ending the poverty that still poisons so many American lives.
  • the alleged abuses of welfare queens driving Cadillacs, and the fight against poverty was largely abandoned.In 2006, 17.4 percent of children in America lived below the poverty line, substantially more than in 1969. And even this measure probably unders
  • as always been a form of exile, of being cut off from the larger society. But the distance between the poor and the rest of us is much greater than it was 40 years ago, because most American incomes have risen in real terms while the official poverty line has not. To be poor in America today, even more than in the past, is to be an outcast in your own country. And that, the neuroscientists tell us, is what poisons a child’s brain.
  • failure to make progress in reducing poverty, especially among children, should provoke a lot of soul-searching. Unfortunately, what it often seems to
  • Some of these excuses take the form of assertions that America’s poor really aren’t all that poor — a claim that always has me wondering whether those making it watched an
  • eativity in making excuses.
  • an city. Mainly, however, excuses for poverty involve the assertion that the United States is a land of opportunity, a place where people can start out poor, work hard and become rich.But the fact of the matter is that Horatio Al
  • dren growing up in very poor families with low social status experience unhealthy levels
  • Thomas Minney on 16 Dec 10
     
    The effect of poverty on children and families, and it's multiple and long term consequences.
Thomas Minney

Ripple Effect Moves North: The Euro Zone Is Headed for a Bumpy Ride - SPIEGEL ONLINE - ... - 0 views

www.spiegel.de/...0,1518,570579,00.html

eurozone euro EU effect economics currency

shared by Thomas Minney on 16 Dec 10 - No Cached
  • The Italian economy is expected to increase a mere 1 percent this year, and Portugal should post a 1.2 percent rise in GDP for 2008
  • Thomas Minney on 16 Dec 10
     
    Bad signs for the Euro?
Duncan Innes

Macroeconomics - Theories of Economic Growth - 1 views

tutor2u.net/...eories-of-economic-growth.html

Macro Economic Policy macroeconomics Economic Growth UK supply side productivity output Innovation

shared by Duncan Innes on 09 Jan 11 - No Cached
  • The annual growth of productivity in the British economy increased by only 0.8% in 2005 the slowest growth since the recession year of 1990. There are many reasons for this sluggish growth of productivity. Part of the reason was the slowdown in growth in 2005 because output and output per worker tend to be positively correlated. In an economy where demand and output is weaker, people in work are not being used as intensively compared to when the economy is stronger. Deeper-rooted explanations for weak productivity performance focus on supply-side deficiencies. These include the effects of skills gaps in industry; and the transfer of the economy's resources into the public sector where productivity is lower. Other factors contributing to sluggish productivity growth include the effects of business red tape and a persistently low rate of spending on research and development.Low productivity growth means that little progress has been made in reducing the productivity gap that exists between the UK and most of her major competitors.
  • Duncan Innes on 09 Jan 11
     
    How economies grow. Analysis of supply side factors: Output per worker, the movement of services to the the less efficient public sector, skills gap, red tape, low spending on R&D, quality and quantity of labour supply, low productivity growth in workforce, innovation 
Duncan Innes

Inequality: Unbottled Gini | The Economist - 0 views

www.economist.com/...17957381

gini economist inequality globalisation automation trade union income income distribution stress fairness super rich poverty

shared by Duncan Innes on 23 Jan 11 - No Cached
  • Mr Strauss-Kahn then bemoaned “a large and growing chasm between rich and poor—especially within countries”. He argued that inequitable distribution of wealth could “wear down the social fabric”. He added: “More unequal countries have worse social indicators, a poorer human-development record, and higher degrees of economic insecurity and anxiety.”
  • The income of the wealthiest 20% of Americans rose 14% during the 1970s, when the income of the poorest fifth rose 9%. In the 1990s the income of the richest fifth rose 27% while that of the poorest fifth went up only 10%.
  • Duncan Innes on 23 Jan 11
     
    Does inequality matter? An examination of cause and effect of income inequality.
Duncan Innes

Economics - Economics Q&A: Will the rise in VAT harm the UK's economic performance? - 0 views

www.tutor2u.net/...m-the-uks-economic-performance

economics VAT Growth demand inflation Interest rates deficit

shared by Duncan Innes on 18 Jan 11 - No Cached
  • Overall the rise in VAT is likely to cause higher inflation, reduced GDP growth and some job losses in 2011 and into 2012 - so some deterioration in three microeconomic indicators at the expense of improved government finances. But in the long term a 20% VAT rate is unlikely to have any noticeable effect on UK competitiveness and growth. The long-term trend GDP is driven by supply side factors such as technological progress, working age population growth, improved work and enterprise incentives and the scale and quality of capital investment spending).
  • Duncan Innes on 18 Jan 11
     
    A summary of the likely impact of VAT on Economic Growth
Duncan Innes

Chinese Take a Cotton to Hoarding - WSJ.com - 0 views

online.wsj.com/...4680604576110423777349298.html

chinese cotton supply curve hoarding rising prices Comodity Prices

shared by Duncan Innes on 31 Jan 11 - No Cached
  • The apparent hoarding has the effect of making an already tight market—production has been falling as demand is increasing—look even more strained.
  • Duncan Innes on 31 Jan 11
     
    Analysis of cotton market where growers are cottoning on to the advantage of hoard supply in a demand lead market
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