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This article discusses the delicate balance between fiscal and monetary policy. The president of the Federal Reserve Bank of Boston, Eric Rosengren, blames inefficient fiscal policy on the little-effect monetary policy is having on the economy. He argues that tight fiscal policy, or contractionary strategies, are making it more difficult for the Federal Reserve to lower the unemployment rate. However, it is important to understand that monetary or fiscal policy is not better than the other. Instead, it is likely to take a combination of strategies to combat problems in the economy.

This is a fairly recent article that talks about supply side policies implemented by the new head of the "Bank of England", Mark Carney. The article mainly discusses their new strides to reach unemployment rates, which heavily involves controlling inflation and interest rates. It is interesting how it talks about how Keynesian supply side policies were not effective post war era because they let inflation spiral out of control. The author believes in Mark Carney's aggressive take on the issue as it plans to control inflation, unemployment and has a contingency plan.

This article discusses the efforts of Japan to combat deflation and improve economic growth using monetary policy through the Bank of Japan. The country is in a particularly peculiar position because Japan's public debt is twice the size of its economy, therefore rising interest rates could prove to become a potentially out-of-control situation. There is much debate over which policies the country should take to best correct its economic situation, while some are suggesting that the current policies being used may be successful without causing much inflation at all.

Indian government has announced that 60% of entire domestic pharma market will be under official price control. The policies of National Pharmaceuticals Pricing Policy will cover 348 products on the 2005 National List of Essential Medicines (NELM) plus others added to the newly-updated List (NELM-2011), which includes some 450 products.The long-awaited draft policy would also change the way prices of controlled products are regulated. Under the current Drug Price Control Order (DPCO), prices are based on market share, but the government's draft policy proposes changing to a system of setting a ceiling on the prices of formulations based on the Weighted Average Price of the leading three brands.

This article discusses the caution needed when implementing monetary policies. 

This article is very interesting as it discusses the potential harmful effects of using a monetary policy, that is to say the control of the amount of currency in the system to regulate the economy. I did my IA on the trade off so this article was very interesting for me as it relates to it all together.

This article mainly discusses the economic policies of Representative Paul Ryan involving his concerns that continuing budget deficits will eventually lead to high rates of inflation. The author evaluates a theory regarding the importance of government policy on the price level of the economy. The view states that there is only one point of equilibrium in the macroeconomy where Aggregate Supply will equal Aggregate Demand, and the changing policies of the government play a crucial role in meeting that equilibrium by affecting not only the value of business assets but also people's expectations.

The governor of the bank of Thailand, Prasarn Trairatvorakul, has stated in a speech that the bank will pursue supply-side policies in order to fuel additional economic growth. Trairatvorakul believed that the country must dedicate more resources towards upgrading the "engine" of the economy. Somkiat Tangkitvanich, the president of the Thailand Development Research Institute, believes the country must spend more on research in development in order to fuel economic growth,

The areticle is about the Reserve Bank of India stopped listening to lullabies of praise on its exemplary handling of monetary and exchange rate policies. The current policy keeps piling up useless reserves, offers wholly avoidable arbitrage opportunities to patriotic residents and even more patriotic non-residents, hikes interest rates, depresses growth and widens the fiscal deficit. People are raising dollar debt and not bothering to cover forward. They are confident that the rupee would either appreciate against the dollar or at least hold steady till repayment time.When dollars come into India, they have to be converted into rupees. This conversion bloats our forex reserves and injects rupees into the system. If all the rupees created as a result of dollar inflows were to be allowed to add to the money supply, that would reduce interest rates and also create the potential for inflation. So the RBI sterilises such rupee injections by selling government bonds and mopping up rupees from the system. The increased supply of government bonds brings down their price, hiking the yield. Thus, sterilisation pushes up interest rates.

This article discusses the upcoming general election in Ghana and one specific policy at stake: the government funding of education. Much debate has occurred over this idea, and one policy, Senior High School (SHS), aims to immediately begin funding of Senior High School education, while another will hold off government funding until the year 2032. The writer of this article expresses his belief that public education is a public good and therefore the government has the responsibility to provide it free of charge. The sooner public education is provided to children, the sooner the society will develop and become more equal as a result.

The primary reason unemployment remains high is a lack of demand. An aggregate demand shortfall is exactly the kind of problem monetary policy can address. Thus, we need powerful and continuing monetary stimulus to move toward maximum employment and price stability. The following is adapted from a presentation by the president and CEO of the Federal Reserve Bank of San Francisco to The Forecasters Club in New York, New York, on February 21, 2013.

The article is talking about the economy of US right now. The aggregate demand is far lower than potential and government is cutting expenditure rapidly. However, the author thought that's not the right way of doing it. Although the money is short, government is still supposed to take necessary actions to induce recovery.

This article refers to aggregate demand in 2010 and it states that India's fiscal and monetary policies had saved India from slipping onto another recession. Firstly the article states that India relies heavily on domestic demand because it cannot heavily rely on export and therefore they needed the measures to increase aggregate demand. This increase in aggregate demand, even though it has not been mentioned, can be assumed to shift the demand curve to the right and therefore more real output is demanded at every price level.

The article is talking about India is projected to grow by 6 per cent in the current fiscal while growth is expected to be steady in most of the Asia Pacific economies.It, however, cautioned that a weaker global risk appetite and a poor monsoon would pull down growth to around 5 per cent in 2013-14 fiscal. In India, poor monsoon seasons would pull growth down to around 5 per cent in 2013 and would reach 6.5 per cent.India's growth forecast has been lowered to 6 per cent in 2013 and 6.7 per cent in 2014 on weaker consumption and exports.

Mervyn King, the governor of the Bank of England, said that the economy should be left alone in order for the "automatic stabilizers to work." He said that the "government's plan to aid home buyers shouldn't become permanent."

This article discusses the common trade-off between unemployment and inflation. In Europe, the Central Bank is expected to lower interest rates, a monetary policy strategy, in order to aid with the current issue of low inflation and high unemployment. Decreasing interest rates has the general effect of increasing Aggregate Demand in an economy, and according to the relationship between these two aspects of macroeconomics this increase is likely to increase inflation while also reduce unemployment as real output increases.

The Adam Smith Institute has stated that "only supply-side reforms which allow increases to the supply of British housing will truly solve the affordability problem and solve the housing crisis." Access to finance was the reason why the housing crisis ensued in the first place.

Discusses how housing issues in the UK can be solved by using supply-side policies

This Bloomberg article talked about how China is trying to raise the currency and make Yuan become a global currency. It also mentioned China used to peg Yuan on US dollar until 2005, then they changed the policy to manage Yuan in a certain range.

The article is concerned with the increasing currency value of the Yuan. In the past couple years, the value of the Yuan has increased significantly. This increase in the currencies value is due to the China opening its markets and showing leniency in trading. However, the Yuan though growing in strength has much to do before it becomes the world currency. It must be adaptable. The Chinese government has stated that they will open the market more by 2020. When the currency will replace US is unknown but it seems that it will surpass the US dollar with time. The article was eyeopening. I had never realized the Yuan was so strong. I will definitely look at the Yuan when i read economic news.

This article deals with the delicate balance between inflation that is too high or too low. The president of the Federal Reserve Bank in St. Louis, James Bullard, argues that the current inflation rate (1.3%) may be getting dangerously close to reaching deflation. Although the unemployment rate has remained higher than 7%, the inflation rate is well below the comfortable 2% goal kept by the Federal Reserve. If the issue becomes preventing deflation, the "Fed" should instead use policies to increase the money supply rather than adopt "tight" money supplies that slow inflation and economic growth.

House Representative John Mica of Florida, my home state, is planning to introduce legislation to Congress to address what he considers to be Amtrak's monopoly over passenger-rail service. The legislation would aim to increase competition in this industry, not end Amtrak itself. Mica is a member of the House Transportation and Infrastructure Committee and hopes that Congress will consider federal rail policies later this year.

President Susilo Bambang Yudhoyono of Indonesia has recently signed the Industrial Law into effect, which aims to reduce the country's dependency on imported components and machinery for the manufacture of goods. Indonesia has been experiencing larger trade deficits recently due to increasing costs in these imports, but an ISI strategy would allow the country to replace the imports with additional exports. However, the implementation of the policy is not likely to be flawless and needs to be done quickly, in time for the new ASEAN Economic Community that will go into effect in 2015. Indonesia's markets must be ready by this time to be sure that they can handle the increased traffic that will occur as a result of the economic agreement.