IB Econ HL Section B

One of the macroeconomic goals is economic growth. This article discusses Japan losing its title as the second-largest economy in the world to China. Japan however is not worried because their economy is growing after their recession and that is what matters, not the title.

Global Warming is a market failure of all times that is universal to all human population. Barack Obama visited China to negotiate about the promotion of low-carbon emissions. US and China are one of the few countries who haven't signed the Kyoto Protocol and the top emitters of green-house gases. Because of such emissions, negative externalities are starting creep into national economy in various ways, especially the climate change that have severe affect on crop production.

Human trafficking is 3rd largest global crime enterprise, exceded only by drug and arms trafficking, as many of you have heard over and over again " We have some very basic statistic on human trafficking". We've looked at this mainly as a law enforcement issue and as a human rights issue. But it is also an industry. By some estimates, the industry is growing, and the worldwide illegitimate gain from industry is as high as $ 32 billion per year. I think that this topic is relevant to this week "development" topic because it is one of the main worldwide crime, and governments all over the world should be fighting against it and it is one thing to develop.

A macroeconomic goal is on relieving low unemployment. When more people in a country have jobs, that country will grow and produce more economically. People will have more money to spend and use, making them able to buy things that will improve their standard of living.The inflation concern is that productivity is slowing at a time when wage growth is picking up. That's a recipe for faster increases in unit labor costs, which correlate with inflation outside of energy and food.

In this article, China's desire to overcome the crisis through economic growth is shown, as it has increased exports enormously, to increase injections, up to reaching number one in the whole world, on top of Germany.

The Zimbabwean government has warned farmers against employing children as labourers saying those caught doing so will face the full wrath of the law. This is relevant to this week's topic because the Zimbabwean government is attempting improve the standards of society by setting legal instruments against child labor - an aspect of children's rights.

Despite their great numbers, many of the men not working are missing from the nation's best- known statistic on unemployment. The jobless rate is now low 4.6%, yet that number excluded most of the missinf men, because they have stopped looking for work and are therefore not considered officially unemployed. That makes the unemployment rate a far less useful measure of the country's well-being than it once was.

Although one of the world's most prosperous nations, America does seem to lag behind most in one area: life expectancy. This is due to the generally unhealthy lifestyles of Americans and the inequalities between African Americans and whites. This article finds however that the gap between the two races is slowly narrowing, and life expectancy as a whole is increasing.

this article expresses how the umemployment rates have shot up the past month and increase every day. The problem with unemployment statistics is not just numbers counted it is the numbers of unemployed and underemployed people who are NOT counted. The definition of unemployment excludes a huge number of unemployed and underemployed people. The counters ONLY count people actually, actively looking for work. sooner or later they rates will lower and employment rates will raise.

This article discusses the attempts countries around the world are doing to correct a market failure caused by a negative externality, pollution, which is also casuing severe climate changes around the world, such as global warming.

New studies are targeting the HIV/AIDS virus in Africa, where it is widespread and diminishes lifespan. The new measures in medicine can extend the lifespan of infected individuals, and may also prevent HIV/AIDS from spreading as quickly as it does now. Researchers are looking at options that include HIV screening programs, vaccines, and antiviral treatments. All these measures are helping Africa's development, especially in terms of health and individual lifespan.

This article is about the unemployment rate in the United States. Seeing as one of the macroeconomic goals is full employment, this article examines how the U.S. is failing to reach those goals.

This article is about the Obama administration's plan to use the government's buying power to encourage companies to improve wages and benefits for workers. This is an attempt at economic expansion, which is only possible under a Keynesian view of economics.

This article is talking about how the unemployment rate has only been increasing drastically over the course of the recession going up to an increase of 10%.

This article explains how unemployment is still increasing in the US, how it rose in 30 states, going as high as 14.3% in places such as Michigan. Record-high joblessness is greatly affecting most of the states in the US, having in most an unemployment rate of above 10%.

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 talking about the British economy and how it managed to pull itself out of recession, but economists fear that it is only temporary since the growth rates are unstable. The government fears a "double-dip," that they might fall into recession again.

This article explains possible actions to be taken in order to take a country out of a recessionary period. Canada is in a recession, so if the plans of the Ontario Premier are successful, then the negative effects of a recession would be lifted

This article from the Wall Street Journal describes the economic problems faced by Greece and the effect on the European Union because of the 2007-09 financial crisis. It was recently revealed that the last government of Greece left a huge amount of hidden debt, hidden with the help of Goldman Sachs. The Greek economy has since moved into a recession.

The article explains the effects of the recession which hit our world, especially concerning the unemployment rate. It shows that unemployment in the UK is at 7.8%, and how government investment is proving the Keynesian curve, through fixing the economy.