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Home/ IB Economics SL Heitmann/ Contents contributed and discussions participated by Aakilah Brown

Contents contributed and discussions participated by Aakilah Brown

Aakilah Brown

Security, tensions cloud Niger's presidential vote - 0 views

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    Many things are affecting what the outcome of Niger's latest election will be. An issue of concern for the country is that they are ranked lasted bu the UN in human development. Despite producing uranium and oil, Niger has the lowest HDI and the highest fertility rates. President Issoufou has used planning to address this issue to help his campaign. Niger's elections are being affected by the HDI because the other issues that the country has comes from their HDI being so low
Aakilah Brown

Malnutrition denies children opportunity and stunts economic development - 0 views

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    A study done in certain Asian countries such as Indonesia and New Guinea show that these country's economies are being prevented from developing by malnutrition. Malnutrition has shown to stunt children's brain development. When children's brain development is slowed it prevents them from receiving the education they need to get out of poverty. Inn these countries education is often needed to remove them from poverty. If malnutrition countries to be this high in these countries it can prevent them from having developed economies.
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.
Aakilah Brown

Burundi's inflation rises to 5.6 pct in October - 2 views

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    Along with the high amounts of violence in Burundi the inflation rates in the country are also increasing. The inflation rates in Burundi has risen to 5.6%. This should cause the Burundi economy to contract by 7.2% but it grew 4.7%. After President Pierre Nkurunziza won the election in a controversial violence in the country has significantly increased causing many donors including Belgium. The country's economic status could worsen if the violence continues and donors remove their aid. The European Union funds 50% of their annual budget and they are threatening to suspend if Burundian authorities do not their countries issues with diplomacy.
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.
Aakilah Brown

Why can't Japan shake its economic malaise? Two words: old people. - 0 views

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    Japan's economy is another recession. Many economists believe that the amount of old people int he country could be causing this. Japan's GDP reduced by .8%. Japan has been having economic issues for many years now. Japan's demographics aren't benefiting the country's economy. Since there are more old people then young people in Japan this hurts their GDP. The old people's population is bigger and growing faster than the working population, so the workers cant produce enough to sustain a stable economy. The GDP is Japan suffers because of this.
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
Aakilah Brown

Is America Losing Interest in Nuclear Power? - 1 views

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    America has been using nuclear power for electricity. Nuclear power is a cheap reliable source of energy that America has been using for many years. Nuclear power accounted for about 20% of US electricity production. Now many nuclear power plants have been shutting down because of the negative externalities that comes with it. Nuclear power plants have a lot of waste and hurt the environment. Nuclear power plants are also sometimes associated with nuclear weapons. The US is losing interest in nuclear power plants because of the negative externalities that comes with it.
Aakilah Brown

Russian Recession Weighs on Luxury Goods Sales - 4 views

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    The Russian recession has caused sales for luxury goods to drop. Many companies that sell luxury or tourism goods have seen the demand for their product significantly decrease since the recession. This is because these products have a negative income elasticity so as income decreases so does the demand for these products. The demand for tour groups and hotels has also decreased because of the recession. Since all of theses products have a negative elasticity once the income of the buyers in Russia decreases then so will the demand for them.
Aakilah Brown

Starbucks to Raise Prices for Packaged Coffee, Other Products - 0 views

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    Starbucks has raised its prices by 8%. Even though only about 20% of Starbucks consumers will be affected by these price increases they will not reduce demand. This is because Starbuck's coffee is a very popular and addictive product. A price increase barely has an effect on inelastic products like Starbucks packaged grocery coffee and K-cup single serve products.
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