IB Economics B

This article is about a book which assesses the progress of the Indian economy. Nehru, India's first prime minister implemented an extreme version of a Keynesian economy that even "Keynes would have found fiscally impossible" India sought to increase industrial output through government spending, which had disastrous consequences for the Indian economy. It took Manmohan Singh's radical turn away from state intervention to bring it back up. The articles elaborates further.

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.

On the world stage, the debate over Keynesianism played out between the big powers during the world financial recession. Whilst the conservative British and German governments have been significantly reducing their government budgets, President Barack Obama has been priming the Keynesian pump by advocating much government "stimulus" spending. Obama's predecessor, George W. Bush, also spent federal cash in attempts to revive the economy...

This article discusses Keynesian economics, an economic theory named after John Maynard Keynes, a British economist. Keynes' economic theory was based on an circular flow of money: his ideas spawned a slew of interventionist economic policies during the Great Depression. Keynes stipulated that during such economically difficult times, the best way if reviving the economy is by an increase in government spending, which would trigger the multiplier effect.

This is a report written in 1947 regarding Keynesian economics and the main principles of this economic study. It contemplates the issues and arguments within Keynesian vs. Classical economics.

China's fast growth may be a contributor towards higher inflation rates. If high Inflation rates persist it is believed that the leadership will come under pressure. High food and housing prices are the measures of inflation.

This article explains the tremendous increase in the rate of inflation in China and some possibilities or solutions proposed by Chinese government to reduce the level of inflation in the country. Moreover, it shows also the global impact of it.

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%.

China has been encountering substantial increases of monetary assets. However, this money growth may be stunted by a fast-approaching inflation. This article explores further into why there will be inflation in China, and what they can do to battle against it. One thing they mention is slowing credit growth. -Michael

This article discusses various points of data that display the inflation in the United States. This includes data about the producer price index and how oil prices affect the market.

This article is about a rising concern over inflation in China. Pressures from oil, agricultural commodities and wages are the main contributors to the inflation in China and the Chinese government is having difficulty to control them.

China's inflation rate has been growing over the years, however, some economic experts say that inflation is a healthier way to rebalance China's economy than currency appreciation.

Interesting article about inflation and disagreements on how bad it is. Interesting topic is about how the NY Fed Chief's comment about commodity's, such as the iPad 2, prices are falling or staying the same but he said this as he is talking to a group who of people focused on just buying food which is experiencing rising prices.

"China's inflation could hit five percent this year due to soaring commodity prices and rising wages" Asia is currently facing cost push inflation.

Since it's not in the government's favor to impose taxes or increase interest so as to gain the people's voices in the case of re-election, some country's central banks have become independent, as in the case of Mexico in this article. With this independence, the central banks opt to impose their control of inflation through the increase and decrease of interest rates with the objective of maintaining a low, stable rate of inflation. Recently, Mexico's annual inflation rate cooled in February to its lowest in 14 months despite some sharp increases in food prices. This kept the pressure off the central bank to raise interest rates soon.

This article discusses how India, as well as most Asian countries are susceptible of experiencing a cost-push inflation in the near future due to the progressively increasing oil prices (which would increase production costs significantly, reduce output, and increase prices). Also, details concerning India's agricultural sector in relation to inflation rates are also discussed.

Fears are growing that Asia's recent troubles with inflation could go deeper than initially expected as countries bump up against labor shortages (in Singapore's case for example) and other problems commonly seen in times of too-fast growth. Furthermore, inflation concerns in Asia have focused on rising food costs exacerbated by bad weather and, more recently, higher oil prices amid political tensions in the Middle East

It is easy to see the relation between this article and the lesson. We are not sure the causes of inflation but we believe it is damaging Pakistán

The article discusses a higher than expected growth in the level of inflation, growing 2.4% in January alone. The rise is attributed to a rise in food prices due to the loss of harvest during the smog wildfire issues of summer 2010. Under election pressure, the finance minister has stated that more compensation would be given to low-income earners if inflation continued to rise unimpeded.

It is an old article but still inflation is one of the biggest issues in India these days. the article discusses about how inflation broke out in India and compare the affect of inflation in India and other developing countries