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anonymous

China to Push Rate Liberalization, Capital Account Opening in Shanghai Zone - 0 views

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    this article explores how china's central bank pledged to push forward with market-driven reforms on interest rates and capital account opening in a pilot free-trade zone set up in Shanghai.
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    China's central bank has resolved to push market driven reforms on interest rates and capital accounts. Residents will be allowed to do cross-border investments.
Mathias S

India, Russia for early implementation of IMF quota reform - Indian Express - 0 views

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    This article is interesting as it demonstrates the concept of a quota on an international level as opposed to a domestic level.
Cedric M

Oregon Tax Trouble: The dreaded sales tax must be weighed as a part of fiscal reform - 0 views

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    There is a taboo word in the state of Oregon, it's 'sales tax'. The people of this state have rejected sales tax nine times, and the government does not know what to do about it. Politicians are also scared from the word 'sales tax' because if any of them was for it, it would mean suicide for the political party.
Xinmian H

What Obama's re-election means for health care - CNN.com - 1 views

  • Mitt Romney presidency could mean the end of the most significant piece of social legislation in half a century.
  • the Affordable Care Act, passed in 2010, won't be fully in place until 2014,
  • and the wheels of reform have begun to turn.
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    This article is talking about how the result of the presidential election effect the health care. Mitt Romney will probably end the health care whereas Obama will absolutely keep it. Health care is a public good, it has positive externality and should be encouraged. However, the cost of providing health care is very high. According to the article, 'Affordable Care Act won't be fully in place until 2014'. Two candidates has different solutions. Obama choose to keep it, and Romney choose to end it due to the high cost. From this article we can see the limitation of government intervention of economy, and how different parties and people have different opinions.
anonymous

Learning from the north - 0 views

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    This article from the economist explains how the Nordic countries from europe are doing much better (economically) after reforming their economic strategies. In the 70's sweden was indeed a country that spent and borrowed a lot of its money, however now they have become more of a socialist democracy, which has proved itself to be a great change for the country. The article goes on to say that this change has made the country more efficient in the long run. Interestingly, the article shows how these changes were viewed by the other countries.
Yusuf L

Supply-side solutions are the answer to the housing crisis, says think-tank - 0 views

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

China Casting Off Mao Shackles Burnishes Yuan Appeal: Currencies - Bloomberg - 1 views

  • China’s planned economic reforms are burnishing the yuan’s credentials as a currency of global trade,
  • The yuan rose 2.3 percent against the dollar this year, the most among 24 emerging-market currencies tracked by Bloomberg. It was pegged to the dollar until 2005, and now trades in a managed range against a basket of currencies
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    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.
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    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.
anonymous

Europe relies too much on supply side economics - 0 views

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    This article mainly considers the idea that perhaps the european union necessitates reforms to increase demand, however because of their existing economic policies relying too heavily on supply side economics its would be "counter productive" and overall worse.
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