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Jackson Mote

Don't Import Foreign Price Controls on Prescription Drugs - 0 views

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    This article is an opinionated view on price controls regarding prescription drugs. The author, David B. Kendall, wishes that the US will not import foreign price controls on prescription drugs and instead create their own thus making them completely tailored to the US' needs and limitations. This is because of safety concerns of some foreign drugs that can not be regulated by the FDA (Food and Drug Administration).
Christopher G

CPI for confiscation of 'illegal' foreign accounts of Indians - 0 views

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    Wikileaks might choose to relase the names of people and firms in posession of "black, unaccounted money". If it chooses to do so the CPI will use this money for pubblic goods. This would greatly benefit the economy from a pubblic point of view and would also probably prevent people from creating illegal bank accounts to evade taxes in the future.
Sondos 2

Japan forecast to fall into recession - 1 views

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    Updated March 21, 2011 12:27:44 The US dollar strengthened against the Japanese yen on Friday, after Japan and its Group of Seven partners stepped in to help the central bank force down the value of the currency. In a rare move, the powerful G7 agreed to a joint intervention to stabilize foreign exchange markets. A strong yen risks further destabilising Japan's economy
Abhinav S

Asian Price Controls - 0 views

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    The article discusses price controls (ceiling prices) as a remedy for rising inflation in certain Asian economies (all above 4 %). The ceiling price was employed on food prices that were the main cause for rising inflation. The price controls were an alternative to raising interest rates which would raise the value of the local currencies by attracting foreign capital. The article discusses the feasibility of price controls as short term vs long term solutions. It states that price controls reduce incentives and efficiency in the long run by not rewarding producers appropriately. Nevertheless, they are effective in this particular case since the rise in price of food (pork rose 60 %) was mainly attributed to supply irregularities. If the price rises were caused through excessive demand, then price controls would perhaps not be as beneficial in the short run since the likelihood of a black market developing/smuggling would be much higher.
Merab K

SEZ zone necessary for economic growth of Amritsar: Navjot Singh Sidhu - 0 views

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    This article is about India and the lack of SEZs (special economic zones). Navjot Singh Sidhu, Indian politician, says that creation of SEZs is crucial to the economic growth of India. He says that SEZs would attract foreign investors to the local area and create employment opportunities for unemployed youth.
Naomi M

Free Trade Standoff Is Resolved - 0 views

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    The Obama administration wants to complete free trade agreements with south korea, columbia and panama. They hope to create more jobs that were initially lost by foreign competition. The trade agreements will reduce the price of American products and therefore will increase the sales of these american goods. Obama said: "These agreements will support tens of thousands of jobs across the country for workers making products stamped with three proud words: Made in America,"
Javier C

Speed-trading firms most threatened by EU transaction tax - 0 views

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    This article talks about how foreign markets are threatened by the possible creation of a transaction tax for international trade among EU-countries and non-EU-countries, what would incentive the local commerce in europe and favor a protectionist policy in all Europe.
Javier C

Protectionism in Brazil: A self-made siege - 3 views

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    This article talks about how the self-developed protectionism (with a combination of tariffs and legislation in favor of domestic supply) of the brazilian economy is threatening its economy.
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    "According to the National Carmakers' Association, poor infrastructure and pricey credit and labour mean that making cars is 60% more expensive in Brazil than in China. Local manufacturers have long relied on high tariffs." I understand why Brazil wants to protect their car industry, however shouldn't it be time to look at why there is such high foreign competition, maybe if they would use the revenue the government earns from the tariffs, they could implement training programs or educational programs to increase workers productivity and therefore in the long run decrease the prices consumers have to pay.
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