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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.

"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.

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.

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.

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.

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

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.

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.

This article is a great one that suits this week's topic of economic development perfectly, because it includes both the financial information about the goals and reasons for the development trip, but it also exposes us to the political side of the development scene, as the truth of the matter is that many such deals depend upon political partnership as well.

In this article, Pakistan's Federal Minister, Ahsan, vows to invest in Human Resources for Economic Development. A skilled population and knowledge based society would be the "solution" Ahsan believes. He also believes that economic development may be achieved through community volunteering in Masses.

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

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.

I found a similar article today in a Spanish newspaper and I decided to blog it in bookmark because it is about economics and politics. So I looked for the same article in English and here it is. It is very interesting because it is short, concrete and very actual. It is about Mariano Rajoy, talking about the recession. He thinks that is very important to be united, coordinated and that Countries that can afford stimulus policies should implement them, while other nations should focus on reducing their budget deficits. Also he said that is very important that the Latin countries must avoid protectionist policies. I wonder how the conference in Santiago will end because they will determine the future economic policies.

The increase demand for iPhone 5 causes the Apple shares to close at almost $700. The firm receives two million pre-orders. Most iPhones will be delivered to stores later this week, but some orders may be delayed. An estimate of up to 50-60 million iPhones could be sold by the end of the year. However, the soaring demand causes concerns for the firm, as they may not be enough products to meet the consumers' demands. This could potentially delay the delivery of the products. I chose this article, because I think it relates a lot to the idea of scarcity. Though it may not be the biggest concern that could affect people's lives tremendously (not as much of a concern as problems like shortage of food or water), but it tells us that mass resources can become scarce very easily as a result of high demand for it. This can easily connect to the fundamental concept of economics. That is supply and demand. As a result of high demand for the products, the quantity that can be supplied by the market may not satisfy the consumers' demand. This is also an example of human 'wants.' Most people don't need an iPhone, but because of their 'wants,' they want to get one for themselves. You can see that human wants are infinite and that resources are finite that will eventually become scarce. This could potentially add value to the iPhone 5 if the products become scarce. Bibliography "Economics Basics: Supply and Demand." Investopedia - Educating the World about Finance. N.p., n.d. Web. 18 Sept. 2012. .

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.

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.

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.

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.

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.

Canada's economy seems to have taken a hit as housing, jobs and exports fell. First there was a 21,900 jobs loss in January plus a 58,000 decrease in Canadians looking for work. In addition, exports fell 2.1%, exports to the US alone dropped, 4 points and imports fell as well. Furthermore a 19% reduction in the housing industry topped Canada's misfortune these past 2 months. Many Canadians are questioning the actions of the conservative government as economic growth is slowing to a crawl.

I think that you have chosen a very nice and interesting article because it's related to our actual topics. Is a good example about the importance of the exchange rates in the exports. If a country's exchange rate becomes stronger, then this makes the country's exports relatively more expensive to foreigners. According to the law of demand, this will cause the quantity of exports to fall. Another think to highlight is the increase of the unemployment rate, this will probably decrease the consumption because However, if people expect economic conditions to worsen then they are likely to reduce their consumption today in order to save for the future. In brief i think that it's a great article to talk about the aggregated demand, macroeconomic and the monetary policies.

I find this article particularly interesting because i never knew that Canada was suffering so much from the recession. Since it states in the article that 21,900 jobs were lost means that the household cinsumption must be very low a resulting in a low agregate demand, and since the agregate demand is low firms gain less proffit and therefore have to cut costs which in this case would be workers.

This article is about the Tea Party supporters who sprang into action in the United States last year. They demand to block the democratic agenda on the economy and also the environment and health care. Tea Party supporters are Republicans and believe President Obama and the Democrats to be 'far too liberal'. These supporters are strongly backed up by Republican politicians, Sarah Palin in particular. One of the major issues that the tea party argues is the misuse of economic resources in health care. They feel that all the health care opportunities are targeted towards the poor section of the country, not the middle or rich class. However since the latter are tax payers, the health benefits should be more focused on them. Thus in this situation a political party has a direct influence on the economic policies taken in a country.

NEW DELHI: India is likely to overtake Japan in 2028 to become the third largest economy in the world after China and United States, according to London-based economic consultancy Cebr. As per Cebr's World Economic League table report for 2013, India has lost a place in the league table in 2013 to Canada and is now the 11th largest economy in the world.