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This is a great article as it hints at the actual influence of a change in monetary policy. It further suggests that in most cases, such as the one described, monetary policy alone cannot revive growth. 

I chose this as my article for this week because I am very interested in France as a nation, as I am in French A language and literature HL, and I have to follow french media outlets for a unit in this class. French fiscal policy is a common subject of discussion, so as a result I spend a lot of time reading about similar topics. This particular article discusses the impact a country's fiscal policy can have on firms in that nation. 

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.

The IMF, International Monetary Fund, points out that US's economy is likely to see a 1.5 or 2% growth without the tightening fiscal policies. IMF also points out that there is very low private demand in Great Britain. They suggest government to adjust its initial fiscal plans. We can see that this relates to the use of fiscal policies and their impacts. Here, we can notice that instead of boosting economic growth, US fiscal policies, which I believe is the fiscal cliff. The government's plan is to increase tax rates and decrease government spending. This could possible reduces income and slows the growth of the economy.

The brazilian government is easing their fiscal policy as they plan to increase spending in the near future. They will ease some rules which forced it to account for higher spending by states and cities to ensure their fiscal policies were met. For example, they are reducing the taxes. This will help them with government expenditure.

This article discusses the problems facing fiscal policies concerning cutting taxes and increase government spending

This article talks about a innovative way of using fiscal policies

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 article talks about Japan's monetary problem in bond markets, which has threatened to undermine the country's battle to end deflation and stimulate growth in the giant economy. This causes the banks to expand the monetary base. However, Japan is still in debt and now it has more money struggles. Governor Haruhiko Kuroda is looking for a way to combat falling price and he declares that he will even double Japan's monetary base. But again, the debts of Japan is "twice as much as the size of the country", thus Japan is vulnerable to rising borrowing costs. Fortunately, the government uses pushing government spending, boosting asset prices by raising asset price inflation expectation, and increasing the country's GDP as solutions; and they do work.

In this article, the author talks about the Bank of England. Because of the recession, Bank of England tried to stabilize the state of the economy. So it has kept its stimulus programme of quantitative easing (QE) unchanged and also held interest rates at 0.5%. Quantitative easing is is an unconventional monetary policy used by central banks to stimulate the national economy when standard monetary policy has become ineffective. A central bank implements quantitative easing by buying financial assets from commercial banks and other private institutions, thus increasing the monetary base. The first quarter GDP figures, showing growth of 0.3%, were also felt to have reduced the need for more QE. Also, industrial output rose 0.7% in March from February, a bigger increase than forecast. Manufacturing output rose by 1.1%.

This article talks about a joint monetary policy bewteen the central banks of different countries to provide liquidity support to the financial system. This will ease of the strain in the financial markets of the world. These banks have agreed to lower the pricing on existing temporary US dollar liquidity swap arrangemnets by 50 basis points. As a contingency measure, these central banks have also agreed to establish temporary bilateral liquidity swap arrangements so that liquidity can be provided in each jurisdiction in any of their currencies should market conditions so warrant.

This article is an interesting one, as it is a rarity. I searched for quite a long time in order to find an article in which laissez faire policies are explicitly discussed, and alas, I found. This article is quite informative as it directly describes how such an approach affects a city, in this case El Alto, Bolivia.

The United States remains desperate for faster growth and stronger job creation as it continues its slow recovery from the 2009 recession. Peter Blair Henry, the dean of NYU's Leonard N. Stern School of Business states private investment is falling $1 trillion short per year due a to disputes over the "fiscal cliff," the federal borrowing limit and other issues." Monetary policy and fiscal policy are working at "cross purposes" - one is expanding while the other contracts." Governments should save money during times of economic prosperity and spend it to boost the economy when growth decreases. Lawmakers should prioritize predictability in policymaking to trigger private investment and government investments, particularly in education, should be off-limits to cuts. Henry points out that a solution to closing the wage gap is to produce more skilled workers. Raising taxes on the highest tax bracket may also be part of the solution to overall sustainability concerning the fiscal side, but not a solution for income inequality.

Fiscal policy, which is now the "opposite" of ideal, is going to be a drag on the economy in the near term and is a primary reason the Federal Reserve should press ahead with its $85 billion-a-month asset purchase program, said William Dudley, the president of the New York Federal Reserve Bank, on Monday.

What this article talks about is the two points of view, which are completely different in nature, to why the US economy is failing. The one point of view is that there is too little aggregate demand and an excesive supply of wasted potencial. The other view is that there is too much government intervention. It talks about how the recession has effected investments and aggregate demand and therefore decreased the average wages of the country. The article states that a solution to the problem would be the fiscal policy where the governmnet would lower percentage taxes in order for the rich to start investing again. This would then promote the recovery of the economy.

This is a perfect example of how protectionism policies are put to effect. This article talks about how protectionism policies in the EU have to increase in order to protect the fragile recovering economies. It states that there were about 150 new protectionism policies introduced last year nad 18 measures have been dismantilled. "All of us need to stick to our pledge to fight back against protectionism. It is worrisome to see so many restrictive measures still being adopted and virtually none abolished," said EU Trade Commissioner Karel De Gucht. Trade protectionism was also an important point raised in the G20 Summit taking place in Saint Petersburg on 5 and 6 September 2013.

Russian president Vladimir Putin has decided to impose protectionist policies to protect domestic markets. This decision came as a retaliatory tactic against other members of the WTO who Putin claims to be making international trade "hidden and subtle." In fact, the Russian president used the EU as an example as he claims that the EU's decision to split the gas companies and gas distribution companies are an attack on Russia's domestic suppliers.

Here we see a very recent announcement made by President Putin which has many other members of the WTO concerned, although it is stated explicitly that all the policies they plan to implement will be in line with WTO regulations.

Although this article focuses on protectionism, in my opinion trade barriers come along. The WTO has lately noticed of an economic and trade slowdown because ofprotectionism, the global trade growth is estimated to decline from 5% to 4.5% next year which is alarming due to the fact the world's economy needs to recover. The article also talks about how trade protectionism is becoming more difficult to fight because it is difficult to fight because of the complexity and because its coming in different ways that we are not used to (for example:tariffs and export subsidies), and more and more regulations are being imposed each day.

As my fellow peer said this article is a perfect example of why protection policies shouldnt be used in some cases. The article states that due to trade protectionism policies the estimated anual growth will decrease from 5% do 4.5%! What should really happen is that countries should decrease their protectionism policies, let the economy gain a bit a stamina,in order to recover from the recesion, and only then increase protectionism once the economy has recovered and is growing.

This is an article which states the drug is now under the price control of the government. But according to it, there would be non-price control for medicine/drug options as well. It also says that the task force will serve as a framework for the new drug pricing policy. Since the government thinks that price controlling system doesn't really work for this kind of product, the drug makes are really looking forward to the new pricing policy.

The government of India has decided to remove the price control that it had earlier set. They have come to the conclusion that having a price control will make the drug companies not sell non profitable products.

This article talks about Ireland having the highest tobacco pricesses in Europe. The european commision is stating that the Irish government "is against EU law, distorts competition and keeps tobacco company profits high." The Irish government says that by keeping the prices high on tobacco its a good way to control smoking in the country and that its policy of high prices is with the World Wide Health Organisations regulation policy. what the European comission is trying to do acoording to this article is to encourage Ireland to take off the price controls. but they refused and are going to court against the EU regulations in Luxemburg.