This article is about the increased risk for Capital flight in Russia, because of the potential for political instability ahead of the elections. Russia experienced high levels of Capital flight in 2010, greatly hindering economic growth.
This article is about India President's pledge to lower corruption. It talks about how corruption has made India's rapid economic growth less attractive to foreign investors, which is needed for increased economic growth and development.
This article is about how rising food prices, recently aggravated by unrest in the Middle East, have rapidly been "pushing" many people below the poverty threshold. 44 million people are now below the threshold of extreme poverty.
This article speaks about how a key driving factor in the Egyptian uprising was income inequality. As Egypt developed, a small portion of the population became very rich while most people continued to struggle.
This article speaks about how the balance of economic power has started shifting form the West to the east and talks about the role that developing countries have played as we approach the 10th anniversary of the Doha Development Agenda
In an effort to combat what is seen as deliberate action on the part of the Chinese government to keep that value of its currency artificially low to improve the competitiveness of exports in foreign markets, The US has considered devaluing its own currency. This has led to criticism from China and Russia.
This article is about India cautioning the developed world against protectionist methods that prevent developing nations from engaging in specialization and taking advantage of comparative advantage.
This article is about unemployment in Taiwan and how government intervention is needed to keep the number of unemployed as low as possible. The article also speaks about how government work, thus far, has already kept the unemployment rate from rising to what it could have given the state of the economy
This article is about unemployment in Taiwan and how government intervention is needed to keep the number of unemployed as low as possible. The article also speaks about how government work, thus far, has already kept the unemployment rate from rising to what it could have given the state of the economy
This article is about how the recession has affected employment, and how in the wake of the recession the total target employment could be greater. This is indicative of the general upward trend in long-term potential output.
This article is about the Canadian Government's investment into British Colombia's clean energy sector. This increased government spending is a Keynesian approach to expanding the economy.
This article is about the Mining of Diamonds in Zimbabwe. While the mining of these diamonds may lead to economic growth for the country, it does not lead to economic development. The money falls into the hands of unsavory Mafia types instead of the hands of the people who mine.
This article speaks about the United States, and about President Obama's desire to boost employment. He wants banks to increase lending to small businesses as a way to increasing employment.
This article talks about how McDonalds recently started a $1 dolar breakfast meal to try and increase sales. This price for breakfast does not take into consideration the social cost of consuming such unhealthy food. Because of the negative externalities such as weight gain and heart attacts, this is a form of market failure,
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This article talks about how the US government implementing Health care reform would have many positive externalities. In addition to producing an overall healthier population, the health care also provides more job opportunities for people not only in the health care industry but for people with MBA's as more people are needed to organize the growing sector.
This article talks about the negative externality of industrialization that is pollution. Apparently, there was an abundance of smog in Britain from as early as 1904.
This article shows how the recall of several Toyota models acts as a form of non-price competition for other firms in the car industry. Ford and GM have benefited from the lack of consumer trust in the Toyota, and have both seen an increase in sales.