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svikene

Paris attacks hit French economic growth | Bangkok Post: news - 2 views

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    This article describes how the events in Paris affected the economic growth. This illustrates how more factors than taxes and employment can make a difference in level of economic activity. A decrease economic activity might cause the government to intervene by reducing the interest rate, creating incentives to increase consumption. A demand-side policy like this could help the economy get back on its course.
Aakilah Brown

India's economic growth figures are out-and they exceeded expectations - 1 views

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    India's economic growth has exceeded expectations. India's GDP increase by 7.4% which was more than expected. The manufacturing sector that needed to improve grew by 9.4% which helped increase the country's GDP. Trade, hotels and transport, broadcasting, and professional services sectors all saw increases. India's economic growth and increasing GDP shows that the country's economy is getting stronger.
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    It is estimated that the Indian economy will grow between 8.1% and 8.5% in the 2016 financial year. Trade, hotels and transport & communication and services related to broadcasting, financial, insurance, real estate and professional services and manufacturing have registered growth over 7%. It indicates that although India majorly focuses on primary and secondary industries such as agriculture and manufacturing , the tertiary industries such as the services industry have been largely boosting the economic development in India.
camiellalouisa sehidou

The Best Way to Boost GDP: Education? - 2 views

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    GDP growth starts here. I chose this article because of one of the TOK questions we had this week it brings up education. Well this article talks about how education can lead to economic growth in many different ways. It doesn't just build up one sector it affects multiple, an interview has shown that people will need more than a high school education if they want to find a suitable job. If education standards increase so do income, technology , jobs all leading to an economic growth and I feel that this is actually even better because since it creates new things there is not chance of people losing jobs so employment is not at risk and as for inflation it will increase in the short run but level off.This research was done by Wössmann.
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    Overwhelmingly, more economically developed nations are states with a well-educated workforce. There is a clear and strong correlation between the educational attainment of a nation's workforce and economic productivity. Nations can build a strong foundation for economic success and shared prosperity by investing in education. Nations can increase the strength of their economies and their ability to grow and attract high-wage employers by investing in education and increasing the number of well-educated workers by improving the literacy rate. Investing in education is also good for the long run, since employees with higher incomes contribute more through taxes over the course of their lifetimes. Hence it can be concluded that investing in education , will definitely boost GDP maybe not in the short run but indefinitely in the long run.
svikene

Gender equality is critical to economic development | Sierra Express Media - 1 views

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    This article describes how the United Nations are working with gender equality to achieve greater economic development, and economic growth in this case. The UN is drawing concrete links between women empowerment and greater economic development, illustrating how an androcentric mindset is causing an inefficient allocation of resources.
suzyostromecka

Private consumption props up Swiss economy in third quarter - 1 views

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    this article look at the economic growth and what caused it in Switzerland. It also explains what the increase in economic growth implies for Switzerland.
atembeshu fonge

UK economic growth has slowed dramatically, latest survey suggests - 1 views

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    Britain is experiencing a downfall in their economy due to less consumer spending. The GDP growth of the country has been slowing at a pace of .3% and according to economist Chris Williamson, this is due to the fact that consumers are being cautious with their spending and are pulling back and also that the manufacturing sector is struggling. The pound value has weakened compared to the euro and dollar. Also a poll done in the service sector shows growth at a slow pace since April 2013.
kohlig

Africa's economic growth failing to stimulate development and jobs - 0 views

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    Economic growth in Africa is expected to accelerate to 4.7% this year and 5% in 2015, but the advance is failing to translate into job creation and the broad-based development needed to reduce high poverty and rising inequality rates in many countries, the UN has said.
erinmoran

In China, Economics Is Politics - 0 views

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    This article discusses the problems with China's economy and what needs to be done to resolve these issues. In China economics and politics are very closely tied. This is due to the fact that China's authoritarian leaders are largely in charge of the economy and must deliver economic prosperity in order to stay in power. However, industrial production has fallen, fixed-asset investment and retail spending has slowed, and home sales have plummeted. This has caused concern among Chinese leaders. While there was once a consensus in the West that authoritarian politics were beneficial for the Chinese economy, this is becoming increasing questioned. For the past several years, the aim has been to "rebalance" the Chinese economy by avoiding over reliance in fixed investment and imports as well as greater reliance on domestic consumption to drive GDP growth.
jonathanwiseman

What U.S. Growth Looks Like Without the Government Spending Slowdown - 0 views

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    This article, published by the Wall Street Journal on October 28, 2015, describes cash injections into the economy by the government sector. The article explores what U.S. economic growth could have been like if the U.S. government hadn't cut spending in the economy. The author wagers that if spending had continued, the U.S. economy could have grown more significantly than it has.
sallyyutingchang

BusinessWorld | Indonesia offers tax break in labor-intensive sectors - 2 views

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    Nation INDONESIA is offering another tax break for employers in labor-intensive sectors, aiming to rein in unemployment, in the latest of its series of stimulus measures, the chief economics minister said on Friday. Economic growth this year is set to be Indonesia's slowest in six years, although third-quarter growth showed a slight rebound.
tiffanytrinh

Economic Activity Slows in Eurozone, Survey Shows - 1 views

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    Manufacturing in Germany is slowing down while economic activities for France is also at a low. Although output has been "increasing modestly", the manufacturing and service sectors are "showing strains." The economic slowdown in Germany would not only affect the country itself, but also the other countries in the eurozone. The United States and Japan has also been briefly mentioned in this article on how they are doing in the economic growth. Things do not seem to be going too well for Japan, and although the U.S seems to be doing well, they cannot "carry the global economy on its own"
erinmoran

Supply and demand gap explains low growth - FT.com - 0 views

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    This article discusses global economic growth. For the past several years, aggregate GDP growth has been around 3-3.5% per year, with similar levels of inflation. Growth trends in major economies have slowed and a gap between global aggregate demand and supply for goods/services persists. There is an excess of global supply relative to global aggregate demand. The article claims that falling oil prices, low interest rates, and monetary accommodation are responses to the issue of excess supply.
jonathanwiseman

US fiscal policy, exports weigh against December Fed hike - 1 views

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    This article, published on November 30, 2015, describes how the US GDP growth (that is, economic growth) has been slowing in recent months. The article also describes fiscal drags on the economy, interest rates, and investment in US companies.
camiellalouisa sehidou

Bump ahead for China's luxury carmaker stocks as economy slows - 3 views

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    One of the main things we talked about or that stood out to me was how the income of the indivisible affected demand of a good and it seems we all came to a consensus that luxury goods are most affected by changes in income. In the article a BMW car company speaks out it's total revenue has been decreasing as the economy is slowing down . Over the past 5 years China has been experiencing periods of economic downturn and car sales were declining drastically people were even canceling orders, however, increased government action led to a period of economic growth in the third year which increased sales by 4% or so. But things slowed down again this year and Song ( an owner of the company ) talked about how he had to cut prices even further from 4%- 20% just to increase consumer demand even though it only made a slight difference because people's income have decreased they can't spend as much money as they used to on luxury products such as BMW cars or multiple cars, they are now focused on saving money.
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    I agree that the demand for luxury cars has declined as a result of decreased economic growth in China. Shares of some luxury car companies have dropped by more than 30% in the last year while shares of an inexpensive compact car manufacturer have increased more than 20%. The demand for luxury cars is very elastic. These cars are a luxury, not a necessity. Luxury goods take up a relatively large proportion of income and are used over a long period of time. There are a relatively high number of substitutes for luxury goods. In China, customers are choosing to purchase inexpensive cars rather than luxury vehicles in order to save money.
sallyyutingchang

Bihar Confirms That Better Economics Is Better Politics | Shailesh Chitnis | Nov 16,2015 - 0 views

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    Bihar Confirms That Better Economics Is Better Politics New evidence that Indian voters are rewarding governments that deliver growth There isn't a shortage of explanations on why the BJP lost its way in Bihar - Modi's waning popularity, RSS and quotas, no strong local leader and even humble food staples like beef and dal.
Aakilah Brown

5 reasons why the post-crisis economic cycle is ending - 0 views

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    This article discusses the financial recovery in America. The GDP growth is America has been well it and the job gains are more than what was expected. It also discusses Conor Sen at New Rivers Investments views on the economic cycle after the recent economic crisis in the country. To Sen even though the economy is improving but the economy that we are used will probably changes.
erinmoran

Unemployment rate falls to 5.1 percent, but Americans are not finding pay increases - 0 views

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    In the United States, many Americans are finding new jobs. However, most employers are not willing to provide significant pay increases. Recent data, reals that unemployment currently is at a 7 year low but the pace of job growth is slowing. This provides conflicting signals about the country's economic momentum. The unemployment rate has fallen to 5.1%. With such a low rate companies should be competing for workers. However, was have remained flat. Workers are seeing new buying power because prices have been slow to rise and consumer prices have held steady this year partially due to falling commodity prices. Job growth and inflation are linked. As more people get jobs and receive raises, prices increase. At some point, as the labor market tightens, it provides upward pressure on wages and inflation but how long it will take US economy is to that point is still being debated.
jonathanwiseman

Mozambique is floundering amid corruption and conflict - 0 views

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    Amid growing domestic issues, such as corruption and political instability, Mozambique continues to suffer from a lack of foreign direct investment and economic growth despite promising offshore oil deposits. Highlights domestic factors that influence economic growth and development.
aostrowski1

UN News - Ban spotlights need for human, economic development in Africa's Great Lakes r... - 0 views

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    This article describes that United Nations Secretary-General Ban Ki-moon is stressing the importance of human and economic development in addressing peace and security challenges in Africa's Great Lakes region, calling for the use of natural resources there as a powerful driver of growth.
tofrette

Defiant Portugal shatters the eurozone's political complacency - 3 views

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    The left wing want to do "a Greece" to get back on track. They refuse to conform with the austrity demands of the EU, and want to get the country back on track by national measures, like reversing privatization. The political instability leads to lower investment and Portugal is warned that it might risk going the way Greece did.
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