Group items tagged

This might be stretching it a little bit, but I had a hard time finding articles about aggregate demand. I think it works though. The government in Singapore wants to increase habitants from five millions to a high of seven. This has created a big opposing group, making the aggregate demand for immigrants less. Since a smaller number of people are open for immigration, the demand has decreased!

This article talks about Britain and its problematic exports with subsequent trade deficit problems. Interestingly enough, university courses fees are considered exports as well (money inflow). Britain is a country which is immensely integrated in the global trade flows, but they have a problem of trade deficit. "Part of the reason is the slowdown in continental Europe and America, which take 54% and 17% respectively of British exports. Another is the gradual depletion of North Sea oil and gas. A third is that Britain's strength is in services rather than in the raw materials, machine tools and handbags that emerging markets crave." This running trade deficit can amass huge problems and according to the article [http://www.telegraph.co.uk/finance/economics/10427783/Britain-to-have-worst-2014-trade-deficit-in-industrial-world-on-EU-forecasts.html] Britain will have to tackle it by using expenditure-reducing policies, expenditure-switching policies or supply-side policies.