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Sondos 2

OECD Leading Indicators Point to Growth - 0 views

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    Most developed economies will grow at a steady pace in the months ahead, but growth in Italy and China appears to be slowing, according to an economic indicator from the Organization for Economic Cooperation and Development. The OECD's indicators are designed to provide early signals of turning points between the pickup and slowdown of economic activity and are based on a wide variety of data series that have a history of signaling changes in economic activity.
Sondos 2

Poverty worsens as country grows - 0 views

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    Economic growth (increase in the country's level of output, and therefore GDP) in the Philippians condemns a million more Filipinos to poverty from 2006 to 2009. This very example is valid proof that economic growth and development are two entirely different notions. It is shown, in this article how economic growth in the Philippians meant abatement of living standards and a national spread of poverty. Quite the opposite of what can be defined as economic development... " 'Some 185,000 families, or 970,000 Filipinos, became poor', the NCSB said" "The needy totalled 3.86 million families or 23.14 million individuals."
Sondos 2

Development needed in Eastern Turkey - 0 views

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    Although Turkey's economic indicators outpace many countries around the world, major differences in regional development are still an issue in the country and call state policies into question. Turkey has witnessed noteworthy growth in the last decade. At the same time, the country was also successful in lowering the yearly inflation rate to a 41-year low, 6.4 percent, in 2010. But despite these and similar advancements, economic development has not attained the same pace in every region in the country.
Merab K

India: Economic development, corruption and inequality - 0 views

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    this article talks about how corruption and inequality hamper economic development of India. As we have studied, economic development depends on three factors. These are poverty, unemployment and equality. This article says that there's corruption and inequality in India. So it is clear why there are problems in economic development of India
Noah F

Buy Me Some Peanuts and Cracker Jack - 0 views

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    Interesting article, as it shows how San Diego is using the building of a new baseball park as a way of boosting the economic development in a "run down urban area". It talks about how most professional sports stadium builders try and say that it will boost economic development but in the end it sits there for most of the year without much economic development. This article shows how this one is different. San Diego is forcing the owner, John Moores, to build many hotels and other buildings around the area to pay back the city for helping to finance the stadium. In return it should produce economic development for the area.
Nabil E

Economic stimulus raises 3.6 million jobs in US - 0 views

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    The Recovery Act of 2009 gave 787 billion dollars for economic stimulus, this action by the government is a prime example of Keynesian economic theory as the government is bolstering economic growth and development while simultaneously reducing unemployment. It is recorded that 1.5 million private sector jobs have been saved and there has been six straight quarters of economic growth.
Sondos 2

UN Security Council Links Security to Development - 0 views

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    "Nine of the 10 countries with the lowest Human Development Indicators have experienced conflict in the last 20 years. Countries facing stark inequality and weak institutions are at increased risk of conflict." The United Nations Security Council on Friday unanimously issued a statement pointing out a close link between international security and economic development.
Sondos 2

Dani Rodrik: The Poverty of Dictatorship - 0 views

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    Perhaps the most striking finding in the United Nations' recent 20th anniversary "Human Development Report" is the outstanding performance of the Muslim countries of the Middle East and North Africa. Here was Tunisia, ranked sixth among 135 countries in terms of improvement in its Human Development Index, or HDI, over the previous four decades, ahead of Malaysia, Hong Kong, Mexico and India. Not far behind was Egypt, ranked 14th. The HDI is a measure of development that captures achievements in health and education alongside economic growth. Egypt and especially Tunisia did well enough on the growth front, but where they really shone was on these broader indicators...
Sondos 2

Economic growth is not enough - 0 views

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    The HDI is a measure of development that captures achievements in health and education alongside economic growth. Egypt and Tunisia did well enough on the growth front, but where they really shone was on these broader indicators.
Abhinav S

Scots have high literacy rates - 1 views

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    The article discusses Scotland's high literacy rates. As the article itself states 'Literacy levels are a very important measure of the social and economic well-being of any society'. 73 % of Scots have 'internationally recognized' literacy skills from the article. This provides a good indication of Scotland's development. Literacy rates are also key determinants of economic growth (plentiful and educated workforce more likely to be productive and contribute to economic growth) and thus reflects well upon Scotland's economic and social potential.
Nabil E

Consolidation, investment keys to state's economic development - 0 views

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    Written by a CEO, this is his opinion on what should be done to increase economic development in the state of Connecticut.
Sondos 2

YEMEN: Frustration turns to demands for change - 0 views

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    6 February 2011: In the past two weeks, Yemen has been rocked by some of the biggest anti-government demonstrations seen in a decade, as young people facing a grim economic future vent their frustration on the streets. In the UN Human Development Index (HDI), Yemen is ranked at 138 out of 179 states listed. The protesters fight poverty, corruption, and injustice, an issue clearly shown by the country's HDI ranking.
Jaewan H

Community Economic Development - 2 views

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    this article discusses how to get over the recession in Springfeild
Sondos 2

Obama Plans to Nationalize Wireless Internet - 0 views

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    President Obama, a seemingly great fan of Keynesian economics has developed a program of government expansion and nationalization of various aspects of the lives of the American people (such as the government takeover of health care, intervention in banks, and the nationalization of various automobile companies such as General Motors), the federal government is now embarking upon a program of government-directed wireless internet (Wi-Fi) delivery.
Michael M

Tourism, trade and entertainment are driving Southland's economic recovery - 0 views

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    Southland, in Los Angeles, is forecasted to undergo an economic recovery. This article explores how and why this is to happen.
Mitchell B

WTO talks: Ministers meet today - 0 views

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    This article discusses how more developed countries pressure the less developed countries into conceding resources to them.
Jackson Mote

Indiana steps up its campaign to attract Illinois business - 0 views

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    This article is about Indiana's effort to create economic development by attracting business from it's neighboring state of Illinois. I found this article to be interesting because it involves my hometown.
Nabil E

In This City, It's a Long Climb to the Top - 0 views

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    This Article talks about the demand for the installation of elevators in Kabul businnes buildings. Unfortunetly the instability of the city matched with earthquake prone nature of teh region make any installation a difficult investment.
Abhinav S

Lack of public good expenditure in infrastructure development - 1 views

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    The article raises an interesting point regarding the use of public good expenditure as a stimulant for the economy and job creation - thus creating an overall positive benefit for society. It also discusses expenditure conflicts between provision of different types of infrastructure e.g. roads or highways as transportation infrastructure. Ultimately, it states that the US should spend more on public goods oriented around job creation to benefit the economy.
Wonwoo C

Land of Hope - How Climate Change Could Be a Boon for Africa - 0 views

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    Excel Energy Inc. in Denver Colorado decides to transfer switch one of its coal-fired power plant units to run on natural gas as part of its plan to cut emissions. By this, they attempt to decrease the negative externalities, or, on other words, the colossal amounts of pollution and green house gases emitted by coal-fired power plants. The question is; will this switch be effective in reducing the pollution negative externality?
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    Global warming, the "mother of all negative externalities", may be a substantial opportunity for development for Africa. Pavan Sukhdev and other prominent economists claim that monetization of natural assets by "rediscovering" economics may bring great wealth to Africa.
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