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Mariya L

Emerging markets' growth slowing, HSBC PMI report says - 2 views

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    In this article the author talks about the slow down in the economic growth of 16 leading emerging markets. Earlier compare to the Eurozone countries, UK and the US, the economic growth of those 16 countries was far higher. After this short period of stagnation, the world economists ask whether the growth, which depends a lot on exports, will increase or not. It weather will "wobble along, buffeted by worries in the developed world"; or temporary stop and then "bring back the days of the strong growth". Right now, the world economy is in the state of the recovery, in the past it went through the recession that started in 2008 and the trough. The fall in indicators mostly stopped, and the economic health very slowly continues to recover from the past.
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    "The index covers 16 leading emerging markets, including India, Brazil and China, which all saw their rate of growth fall. Rates of economic growth in these countries have been far higher than in developed nations, often coming in at about 10% a year." I think that the author is trying to say that Brazil in China have the highest rates of economic growth and not UK and the US. The exports in these two countries are very important; China is the country which more products export in the world. Their economic growth is slowing because of the recession in the other counties where the consumption has decrease and the people try to save money so the imports of products from China is not so high as it would be in a period of economic growth in all the world. I think that only in few countries the economy started to recover from the recession, in most of the economies are in stagnation. This suggest us the probably the worst part of the recession is behind us and the economies will start to recover, however these fluctuations in economic activity do not follow a mechanical or predictable periodic pattern so we can´t be sure when the recovery will start.
Andrzej Z

UN report sees 6pc economic growth for E Africa - 0 views

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    I choose this article because it's surprising that the countries in Africa are experimenting a big economic growth. The article reports that Economic growth in East Africa, including Kenya, is expected to remain among the fastest in Africa this year aided by natural resource discoveries, improved agricultural performance, and economic diversification, a new report showed. The main reason for this economic growth are the natural resources, we have to remember that in Africa there are huge quantities on natural resources. In Africa the main problem is the inequality because the power and the resources are in the hand of few. There are international companies that controls the big parts of the resources. Another issue to take into consideration is that I some Africans countries the government aren't working properly because they use the money to buy weapons or they use the money for they own benefit.
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    I found a similar article that talked about Africa's situation at the moment, many countries in Africa are having a rapid economic growth, people are becoming wealthier and even a middle class is emerging. Africa in general has got plenty of resources to ensure an econoic growth for many years. However, as you say, inequality is the biggest problem as a minor group within the country owns everything, there is still cheap labour and many people starving to death. I totally agree with you, the governments in Africa don't function properly as they dont allocate the money for people's benefit and they keep it for themselves in order to have more power and become wealthier.
Jina K

Turkey's Economic Growth Slows Sharply - 1 views

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    Turkey's economic growth rate has decreased to 2.2% in 2012 after two years of rapid expansion. This is due to weak domestic demand and indirect effect of public expenditure from the European debt crisis. The GDP expanded 1.4% in the fourth quarter, half of the 2.7% forecast. The slow down in economic growth was largely due to Turkey's central bank tightened monetary policy implemented in 2011 and in early 2012 after Turkey's rapid expansion. This caused fear among the investors that the economy was overheating. Despite central's bank easing policies, Turkey still sees a slowdown in the rate of economic growth. We can notice that this slowdown in economic growth is largely due to decrease in investment.
Andrzej Z

Gwadar port key to country's socio-economic development - 0 views

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    I choose this article because I think that it shows very well how sometimes we confuse economic growth with economic development. The article reports the benefits that the Gwardar port project would bring. According to the article the creation of this port should boost employment and it should lead to the creation of infrastructure that millions of vehicles would use. It is true that a big project normally creates employment, however in poor countries this project are normally created by international companies that pays small wages to the workers to reduce costs of production. For example, in Qatar there are many workers working in the construction of stadiums for the World Cup in 2022 but they face terrible conditions. If wages are small, the standard of life in Islamabad won't increase and they country will not achieve economic development. Also if this project will lead to a big increase in the number of vehicles in the country the environmental conditions will worse and the possible economic development may not become true.
Caitlyn S

China's economic growth slows to 7.6% - 0 views

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    China's growth has slowed to its lowest rate since the financial crisis in 2009 with second-quarter growth of 7.6% - down from 8.1%. The Chinese premier, Wen Jiabao, warned last week that the economy "still faces relatively huge downward pressure". Consumer inflation had been lower than expected and import growth, in addition to producer price deflation, has also worried investors. The government has already cut interest rates twice in a month and lowered the amount of cash that banks must hold as reserves three times since November. Several economists continue to remain optimistic and suspect China's economy will progress in the third-quarter.
Jean Eric

Gold price seen lower in 2013 as investors' demand drops: CPM - 0 views

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    I Found this article interesting because it relates the purchase of gold to the economic state/growth of the USA. The article states that gold companies are expecting a fall in the purchising/demand for gold due to the investors being insecure of their economic state and dont want to spend mone. This shows as that the US economy is weak because there hasnt been a fall in Gold demand since 2002, and therefore we can assumer that the only reason that the demand for gold now would drop is because of economic instability
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    This article is very good as it talks about the insecurity felt by investors due to the poor economic condition. They have lost confidence because the economy at this moment is really unstable and anything could happen, in this case the demand for gold fell, something that is first happening in a long time, thus showing us how the economic crisis has affected even the biggest economic powers, such as the US.
Matthew R

Slovakia Set to Miss 2013 Budget Target as GDP Growth Slows - 0 views

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    Slovakia will miss their budget target this year as the GDP Growth has slowed down. They have been hurt from slowing demand from their western peers because slovakia is a high exporting country. The expected growth has dropped to 0.9 from 1.4. This article shows us how important it is to have a balance import and export trade system with other nations. Due to the lack of demand in exports from the western part of the world, slovakia is struggling with economic growth.
Nikhil M

Turkey misses economic growth goal for the first time - 0 views

Turkey for the first time after a number of years have missed their economic growth goal, although the governer is undertaking different policies to result in a higher economic growth rate, it is l...

turkey economic growth

started by Nikhil M on 21 Sep 12 no follow-up yet
Benjamin D

Africa's hopeful economies The sun shines bright - 0 views

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    This article talks about the economic growth that is occuring in many African countries, this is probably the region with the highest growth of the world. In the past and still now Africa has been the region with the highest inequalities and the one with the highest poverty rates, however, due to its productivity more and more people are becoming weathier and even a middle class is starting to emerge. Furthermore, economic growth doesn't necessarily mean that everyone is being benefitted, the majority of this continent lives below poverty levels, and live under disease and hunger. The Economist had labelled Africa "the hopeless continent" a decade ago, a profound change has taken hold. Labour productivity has been rising. It is now growing by, on average, 2.7% a year. Trade between Africa and the rest of the world has increased by 200% since 2000. Inflation dropped from 22% in the 1990s to 8% in the past decade.
Benjamin D

Economic recovery weak in November: BluFin Business Cycle Indicator - 0 views

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    This article talks about how the recovery in the economic growth in India has weakened after three months of straight-increase, however the economic growth of India remains positive. This situation has been manly caused by the fact that there has been a slowdown in consumer sectors and investor demand and mantaining the confidence for these two would be essential to ensure a sustained economic growth. The BluFin Business Cycle Indicator (BCI), aims to meet everthing of the business cycle, and took into account five areas -- capital markets, foreign trade, policy, real economy and survey to determine and measure this situation
JaJa C

Thailand economic recovery picks pace in fourth quarter - 3 views

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    This article's talking about Thailand's economic growth in the last three months of 2012 that it was recovering from the previous year's floods and had increased a lot more than what expected. On October-December period GDP had surged 18.9%, which most analysts had forecast a figure close to 15%. If we compared with the previous quarter, the economic grew by 3.6%, so we can say that even though last year the floods had impacted on many factories, but Thailand's government implemented different ways to help stoke domestic demand in an attempt to offset the decline in exports and sustain growth in the economy.
Andrzej Z

Africa: Invest in Human Capital for Africa Growth - 0 views

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    It is an article about supply side policies in Africa specially investing in human capital in order to increase the potential output of the African countries. We know that education creates positive externalities and the benefits of education and training are not just felt by those who receive education, it will help the economy as a whole because it will increase the potential output of the economy. Greater regional integration and investment in social entrepreneurship and industry are also necessary for inclusive growth. Competition hast the effect of encouraging greater efficiency. Therefore, any policies that increase competition will increase efficiency and improve the productive potential of an economy. After reading this article I research a bit about the economic growth in Africa and I found this: Six of the world's ten fastest growing economies of the past decade are in sub-Saharan Africa. A clutch of countries have enjoyed growth in income per person of more than 5% a year since 2007.
Andrzej Z

Axa Fram's Thompson: Fiscal policy can ensure emerging market growth - 0 views

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    It is an article about the important of fiscal policies in the emergent economies, where the fiscal policies remain very conservative. The fiscal policy would be very helpful to continue the economic growth and create jobs. The fiscal policy is a very good method to encourage greater consumption or investments, and as when know, when there is an increase in investments or consumption there will be an increase in the aggregate demand. Axa Framlington fund manager Julian use as example the Mexico's economy that is demonstrating a strong economic growth because they use efficiently the fiscal policy.
Patrick vD

Qatars' economy - 0 views

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    This article shows how much an economy can be influenced by a certain good , in this case oil, and how the export of this good can lead to economic growth.
Mariya L

Expo 2017: Kazakhstan Promotes "Green Bridge" Future Energy - 0 views

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    This article talks about an international event that will be held in Astana, Kazakhstan in 2017. Kazakhstan expects three to five millions of visitors. Such event will beneficially affect the economy of the country. It will not only result in an economic growth, but will possibly lead to a significant boost in economic development. The topic of the Expo 2017 is Future Energy. Such topic will lead to the development of the sustainable ways of using energy. Using sustainable ways in the first place for Kazakhstan would mean using approaches that will decrease the air pollution. Decrease in air pollution can be considered as an improvement of the quality of life and improvement of the welfare of country. In my opinion, Expo 2017 is a very important event for Kazakhstan as well as for the rest of the world. It will significantly impact the economy of Kazakhstan. Preparation part is one of the main stages of the Expo. It will create a lot of new jobs, due to constructions that will be held in Astana.
Caitlyn S

South Korea Growth Hits Three-Year Lows - 1 views

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    This article explains how South Korea's export-driven economy picked up slightly in the final quarter of 2012 on private consumption, yet recovery will likely be delayed until global demand gathers momentum. Asia's fourth-largest economy increased by 0.4% from October-December which was better considering in September there was only a 0.1 % rise, the slowest growth in over three years. This was the seventh consecutive quarter with growth of less than 1%, the longest in more than four decades. South Korea's economy has been hit hard by the depressed global demand, as it had to rely on exports due to high consumer debt surpassing private consumption. The nation's economic growth rate has obviously been stunted with further government intervention needed.
Matthew R

Twenty more "Niles" needed to feed growing population leaders - 0 views

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    As all of us know, our world's population is increasing at a rapid rate. They predict that in 2025, there will be 1 more billion people on earth than their are today. So on average, they are predicting that there will be an increase in population of about 80 million people a year. Our resources that we have right now are already scarce, so it will only get tougher. Reporters say the 3 nations that will be most in need of more water will be China, India, and USA due to population growth, increasing irrigation and economic growth. Reporters also say that the amount of extra water needed is equivalent to 20 Nile Rivers. Failure to find the needed extra water could result in great conflicts over water. Also, with climate change (global warming) this will decrease the amount of available freshwater. Furthermore, the water needs to be sanitized to avoid diseases and sickness being spread. The report said that this could cost up to an extra 11 billion dollars a year. I chose this article because it is clearly related to scarcity and is growing concern in our world that needs to be looked at. 2025 is not very far away, and we need to come up with ideas for producing extra, clean water.
Saskia vK

Portugal to contract 2.3% in 2013, says central bank - 0 views

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    LISBON: The Portuguese economy is set to contract by 2.3 per cent this year due to a sharp fall in domestic demand and disappointing export growth
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    This article basically talks about the decreasing growth of the Portuguese economy. It states that the Portuguese economy will contract by 2.3% this year due to a steep fall in aggregate demand and exports. This can only lead to negative consequences as the firms will start to sell less/produce less and therefore earn less of a profit or no profit at all. SO what these firms will start to do is cut costs of FOP which basically means lay off workers, raising unemloyment, further worsening the economy, because then the people laid off will buy less from other firms and the same process will occur over and over again untill you get to the economic situation of Greece.
Max W

Slowdown China. - 1 views

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    This article talks about the slowdown of economic growth in China.
Mariya L

Housing to drive economic growth - 0 views

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    According to the article economy finally passed the recession and now demand for houses rises again. Near record low mortgage rates, rising home prices and a drop in foreclosures have combined to bring buyers back to the market. Right now the supply of houses is very low, there is nothing to sell, while the demand keeps growing. That change won't lead only to increase in jobs in the housing sphere, but also in the furniture, appliances, and other manufactures. But despite that fact, economists still predict only a modest rise in the overall economy this year.
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