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Liselotte r

The Politics and Economics of Occupy Wall Street - 0 views

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    This article talks of the Occupy Wall Street movement and its overall economic and political impacts on the society itself. For their cause they closed down a shipping port in Portland to try and cut corporate costs. The movements followers believe that these corporations are largely responsible for the current economic crisis faced by the US today. The political impact of this movement was a statement made by Republican pollster Frank Luntz who says he's "scared of this anti-Wall Street effort. I'm frightened to death." Luntz said he believed the movement is "having an impact on what the American people think of capitalism."
Stephen b

The politics of good economics - 0 views

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    While there was a lot of economic lingo in here that I didn't completely understand, what I did pick up was the use of price increases to help the government make more money. The government makes its money off the financial interactions between households and firms. This is done through income tax, sales tax, etc. Starting to sound familiar? So, by increasing the price on diesel, the government ensures that large transactions will be made between the household and the firm, meaning they get a bigger chunk of dough. But the political motive behind this is that the government can now use the extras cash-money to fund public programs and what not for social benefit.
Martina d

Bernanke warns Congress it could hurt economic rebound - 0 views

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    The article talks about the USA economic growth in 2013, which is surprisingly improving after 2012. However, Bernanke is expressing that the cut the Congress wants to make (like budget costs cuts) would stop and even decrease the slow economic growth the USA is facing.
Andreas k

Burma gets a credit from Asians - 0 views

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    "Burma, also known as Myanmar, has been implementing economic and political reforms, resulting in various sanctions against it being lifted." The Asian Development Bank has approved loans for Burma after sanctions had been put on them.
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    This article elaborates on the fact that Burma is in dept and it's been not recognized for loans. Burma is on of the poorest countries in Asia and it suffers highly under the it.
Roman p

Government interaction in the UK - 0 views

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    The article is a good example of how the government funds firms and different projects. The government expenditures are very important in order to keep a stable economy. When the the governmet realises that the economic growth slows down it has to react and invest in order to bring the economy back up.
Annabelle b

US creates more jobs than expected, eases growth fears - 0 views

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    This article discusses how the government is creating jobs because they want to help stimulate economic growth. There were many people people were unemployed "12.3m unemployed who have been without work for more than six weeks" and the creation of the jobs is due to the increase in taxes.
Jan d

China January foreign direct investment rises in sign of confidence - 0 views

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    This article is about increased foreign direct investment to China despite its weakening economic growth. Not only does China receive inflowing FDI, but it also invests outflowing FDI into other places such as Japan. The investment comes even as China's economy show signs of slowing from the stellar growth rates of years past as the government looks to shift the emphasis to structural reform rather than growth for its own sake. One pillar of the reform drive is to make the economy driven more by the service sector and consumers, ending its traditional reliance on investment and exports for growth. The obvious reason why foreign-based MNCs want to invest into China is because of increasing sales or decreasing their profits. The question is what kind of pull factors China has to attract such high levels of FDI. Stable economic environment, political environment, low labour costs are primal reasons.
Maya m

Hidden corruption in Spain - 0 views

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    This article is a perfect example of economics and corruption. Corruption if when money within governmental lines is distributed "off the chart", something citizens don't like since it could have ben used for their benefit. In this case, the money came from donations from companies and individuals. If we apply this to the flow chart of a macroeconomy, there is negatives from both households and fabrics, but no input. Though, the input gets there by the government employees spending more. So there is a hidden extra flow that should not be there.
Stephen b

Austerity, like supply side, is a scam - 0 views

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    Now, I'm not much of the political type but, when I saw this title, I have to admit it drew me in. After about the first five or six sentences you can tell this is an article from the far left of the political spectrum (that being the hardcore democrats), but what I found really interesting about this article was how it looked at supply-side policy as this conservative dooms day device, rather than a neutral policy that can be used to anyone's advantage. I still think it is a strategy with its pros and cons, just like monetary or fiscal policy, yet it is interesting to see how it might benefit one social group more than another and how its implementation can lead to many economic issues.
Martina d

China media: Corruption focus - 0 views

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    The article talks about corruption in China, and how the government spends the money of the people to buy 4 or 5 houses, and some even to pass driving tests. When I read the article, I thought of the circular flow with three sectors open. The firms get the government expenditure that should go for hospitals and schools, and with the corruption a lot of money are given illegally from the government to the firms.
Nikolai n

Obama and his cuts - 0 views

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    This article debates the spending of President Obama, and whether it should be cut or not. As of now, there is a $85 million cut being made, and there is debates going on about whether these cuts should be more significant.
Jan d

France Will Dim Its Lights to Conserve Energy - 0 views

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    This article addresses the point of how politicians play a very important role in the model of circular flow of income model. They represent government sector in it and banning the use of lights under certain conditions conferred by the decree of French government is a way how to shrink leakages which belong to government spending and to move national economy more towards equilibrium where leakages equal to injections.
David s

COLUMN-China oil imports likely to rise more in second half - 0 views

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    This article talks about the increasing need for oil to be imported by China. We learned that imports are leakages from the Circular Flow of Income, and that if leakages outweigh interjections, then income will fail. However, this being China, I believe the income for China will not be greatly affected because China is one of the biggest exporters in the world.
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