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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.
Aakilah Brown

Romania Keeps Main Rate Unchanged After Government Resigns - 0 views

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    The political instability in Russia has not affected its bank rates. The Romanian central bank has not changes its main interest rate despite of the resigning of the government. The banks interest rate will stay at 1.75% and many believe that it will be able to survive the political instability in the country. Romania is the EU's second-poorest nation and the political situation could possible affect assets prices and delay making monetary policy in the country. The economy Romanian central bank keeping its intre
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.
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.
saahilsharma98

Firms must lead way in creating value: Heng - 0 views

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    Singapore is a robust economy with a sound political system and yet very fragile as it is very dependant upon global forces of wind. Politics in Singapore is almost like Board of Directors of Singapore Inc. The Scarcity of land, combined with high cost of living and ageing population & increasing the healthcare costs are real issues facing our country. The Economy is faced with tough global pressures, cheaper hubs of production in the neighbourhood. Singapore has to reinvent every few years. Value addition was the key in the past few years but now that is not enough. Value creation in the economy is the new need and our politicians know that and doing their best to drive strategic initatives to set up Innovation and Research hubs and also trying to become Startup Capital of the East.
camiellalouisa sehidou

Economics and Politics by Paul Krugman - The Conscience of a Liberal - The New York Times - 0 views

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    This article although an opinion piece is made up of many subtitles, the one I chose to focus on is Roosting chickens and Fed Bashing, It talks about how Druckenmiller keeps predicting economic dooms due to rising interest rates since he closed his business. Personally I feel this is like the quote we got that says, "looking at statistics...to save himself from having ignorance foisted on him", this article is about Krugman using his on look on statistics to see if Druckenmiller's predictions are accurate since some can say they were and others can say they weren't. Krugman gathers his knowledge from past experiences with 2008 crash and The Great Depression; with my own knowledge of the Great Depression and things that contributed to it's solution this drives me to say that government intervention and spending are what's needed to fluctuate the economy ( hence why people argue WWII was the real solution to the Depression due to it's massive spending).
svikene

Would a Chicago Soda Tax Raise Revenues and Reduce Consumption? | Chicago magazine | Po... - 7 views

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    Raise in market price of soda in Chicago is discussed. Will it result in an increase in revenue and reduction in consumption? The PED suggests so. A similar policy was introduced in Mexico, and the soda there had a PED of 0,6, making it inelastic. Will the same happen in Chicago? Demand, elasticity and the PED are discussed in this article.
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    How exactly has this affected the elasticity? You should elaborate on price and its relation to demand and the PED. I agree that the raise in price would increase revenue and reduce consumption. However you contradict your previous point by stating that soda will become inelastic. I don't agree with you because soda is not a necessity and it is not healthy so if there is a raise in price and PED which will cause demand to decrease meaning it is elastic.
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

Here's your complete preview of this week's big market-moving events - 0 views

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    At least 132 people were killed after terrorists orchestrated a series of attacks in Paris on Friday. Many more were critically injured. And suspects remain at large. But the world goes on. Here's your Monday Scouting Report: Top Stories How the economy and markets react to terrible tragedies.
tofrette

India's RBI keeps rates on hold, maintains easy stance - 2 views

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    India's central bank kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target f‎or 2017.
kohlig

Swiss National Bank pegs franc to euro - 3 views

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    THE SWISS National Bank (SNB) has fixed its currency against the euro at a rate of 1.2 Swiss francs, after its value rose sharply due its status as a safe haven investment amid the troubled eurozone countries.
tofrette

Israel, Russia reportedly say 'Da' to free trade agreement - 2 views

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    Russia and Israel are planning to ink a free trade agreement in the very near future, a Kremlin official is quoted as telling the Russian news agency TASS on Friday. According to Russia's deputy agriculture minister, Sergey Levin, discussions on the matter with his Israeli counterparts have progressed to the point where an agreement is expected to be reached.
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.
anonymous

Five of the best water-smart cities in the developing world - 0 views

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    This article talks about developing countries which in spite of their often lacking funds on the local levels, have through smart political decisions acquired praiseworthy solutions in terms of urban water management.
kohlig

Canada 9th best country to live in: UN human development index - 0 views

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    Canada has ranked ninth in the UN's annual Human Development Index (HDI), out of nearly 200 countries. The HDI measures health and life expectancy, access to education and standard of living.
tofrette

Second recession hits Japan under Abenomics - 1 views

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    We thought Abenomics was supposed to help the Japanese economy grow, not shrink. Japan on Monday reported that its economy contracted in the quarter ended Sept. 30, pushing the nation into its second recession since Prime Minister Shinzo Abe took office in December 2012 and its fourth technical recession in five years.
jcsaenz1

Rajan Sees Rupee as Investment Currency, Says Dollar Debt Curbed - 1 views

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    In this article, the downfall of the rupee is being discussed, with some information of the opinion that the Governor of the Central Bank of India has on this situation. Multiple examples of governmental actions are displayed in what has already been done by India in an attempt to cushion the downfall, including making cuts on interests four times.
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.
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