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Home/ IB Economics B/ Contents contributed and discussions participated by Merab K

Contents contributed and discussions participated by Merab K

Merab K

Macroeconomic indicators - Address supply side issues to tame inflation - ASSOCHAM - 0 views

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    This article is about the advice of leading industry body ASSOCHAM to the government of India. ASSOCHAM says that the most effective way to bring down the inflation rate is to address supply-side issues, rather than to mess with monetary policy. India's inflation rate has increased from 8.31% to 8.98% from last month.
Merab K

Mexico ready for tighter U.S. monetary policy - 1 views

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    This article is about the dependence of Mexico's economy on U.S. monetary policy. Mexico's peso may decline against the dollar, if US government tightens its monetary policy. "Once the United States starts to have a more constrained monetary policy ... it is to be expected that many of the flows that are arriving in Mexico will no longer arrive ... but this is not something we think could seriously affect the Mexican economy". These are the words of Mexico's finance minister Ernesto Cordero.
Merab K

Fiscal policy top priority for Mideast governments - 0 views

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    This article talks about the Mideastern countries. Recent events have in that region have led to many short-term effects. One of those many effects is increase in government expenditure. However, the priority for the governments remains to be fiscal policy, which requires major reform to be sustainable.
Merab K

Economist: Almost half of recession's job loss restored - 0 views

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    This article is about Nebraska. This state lost 27000 employees during the 2007-2009 recession and it is continuing its recovery even today. As economist Ernie Goss says, Nebraska has restored 45% of those lost jobs over last year.
Merab K

Californians' wealth took one of the biggest hits in the recession - 1 views

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    This article states that Californian households were greatly affected by the Great Recession. 67.5% of Californian households saw their net worth fall, while the overall is 62.5% in the United States. Also, median decline in West was 27%, while national median was approximately 18%.
Merab K

Top 10 Keynesian Ways to Boost the Economy - 0 views

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    This article is about the top 10 Keynesian ways to boost the economy of Japan after this year's terrible disaster. Jason Kaspar wrote that Japan will have a GDP boost in about six months as a result of rebuilding, but the money that was lost in these days will easily negate any future upside.
Merab K

Hong Kong Inflation Accelerates to 30-Month High on Rents - 0 views

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    This article is about Hong Kong. Food and rental costs increased significantly in February. The inflation was described as one of the 2 challenges of local government. It is because consumer prices increased by 4.5%.
Merab K

Jobless figures spike in January - 0 views

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    this article is about Brown County and its unemployment rate. Unemployment rate in Brown County keeps rising from December 2010 to today. In December 2010, it was 11.4 % and now it is 13.7%. also, it means that 2900 were unemployed out of 21500 civilian work force last month. Highest unemployment rate was in January 2010, when it was 14.7%.
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
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.
Merab K

Living Economy: Market failure and state involvement in the economy - 1 views

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    This article is about market failure and government involvement. It discusses these two economic terms briefly and offers some examples.
Merab K

Public good versus profit - 0 views

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    This article is about cigarettes and plastic bags being a public good and their consequences. There are issues in different countries with these goods and the author talks about what people do against that.
Merab K

Lazy Academics - 0 views

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    Although, this article isn't taken from the newspaper, it is very short and refers to what we have studied this week. The author is a teacher and he writes how he is affected by negative externality.
Merab K

A sweet crisis - 5 views

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    This article talks about how rise in sugar prices affected the demand and prices of candies. It is a great article to write an IA on, because it is possible to create graphs for it and there aren't any economic terminology that we haven't learned. It's too long, but I will cut it down.
Merab K

Coffee price set to rise - 1 views

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    This article talks about coffee prices. 14-member Association of Coffee Producing Countries and some other countries have met and decided to retain 20% of coffee exports, until the average coffee price set by the International Coffee Organisation rises above $0.95 a pound.
Merab K

India relaxes price controls on drugs - 0 views

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    This article talks about Indian government relaxing price controls of drugs. It now controls 74 bulk drugs, but this number is expected to halve under new policy. Currently, there are price controls on formulations with a 50% market share and annual turnover of 40million rupees. This figure will be relaxed to 250m.
Merab K

Scheme to improve water supplies in Hindhead area - 0 views

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    This article talks about creating a water reservoir in Hindhead area. ( A small village in England). About 12,500 customers from different areas will benefit from this scheme. Creating of the scheme will cost £2m and it will be done by late November
Merab K

Steel demand - 0 views

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    This article talks about the steel demand and how it continues to increase. It predicts that steel demand will rise 5.3% in 2011. It also mentions places where steel demand is higher than others.
Merab K

Has Walmart's Price Chopping Come to an End? - 0 views

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    This article is about the change in prices in "Walmart" market over last year. This is the chain of markets in the United States, which has changed prices many times over last year and this article simply talks about it.
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