Group items tagged

This article is about the rapid economic growth that New Delhi (India's capital city) had undergone. India's economic indicators are very poor such as life expectancy rate, education and per capita income. Majority of the population of India is illiterate and may children drop out of school in order to earn money for the family. The average number of years a person spends in school in Indian is 4.4 years whereas the global average is 7.4 years. The PPP in terms of Indians was less than a third of the world average. Life expectancy rate has increased in Indian by about 9% which is a big development.  

This article talks about the importance of foreign aids given out by the US. The author of the article mentions that, the US should be smarter about the aid they send overseas. The type of aid that is mainly discussed in the article is humanitarian. It also features Bill Gates' ideas about foreign aid. Bill Gates uses statistics to explain how important it is to send foreign aids to developing countries.

This article discusses the benefits of foreign aid from the perspective of Bill Gates who has donated a large portion of his wealth to foreign aid and has also set up his own foundation. One of the points this article makes is that if aid is sent as vaccines or food rather than just money, it is harder for a corrupt dictator to use the aid for his own good.

This article discusses the falling terms of trade in Australia in the 4th quarter. Many speculate that this is due to increased sales of online products going into Australia, and thus fewer sales of domestic goods. Australia has also had decreased sales in ores, which has furthered this problem.

South Africa has experienced an increase in its terms of trade resulting in higher consumer spending and more investment. South Africa is not free of recession and has yet to come out of a growth slump but the increase in the terms of trade is a positive sign.

The article shows the changes of Hungary's balance of payments as well as the terms of trade. These two have depreciated in the las months

This article is about how Pakistan is back into its state of crisis. Pakistan is using their resources but there are obstacles on the way to development. One such obstacle in this article is the government which leads to corruption. The Pakistani government cannot be relied upon as it is because of them that the economy is in such a bad state. The rich get richer and the poor get poorer. The TOT has improved for the agricultural sector in the rural areas but in the urban areas the poverty rate is increasing by a lot. This is another obstacle. The government is spending much more than what it is able to collect by way of taxes. In 2011 the tax rate dropped significantly and is the lowest among all developing countries, but this did not stop the government to reduce their expenditure. 

This article discusses the consequences/effects of different exchange rates and how undervaluation, which is when the value of a currency is marked lower than what it actually should be, can spur economic growth in a country.

This news article is about the value of Euro increasing sharply. It is a great time to exchange your money into Euros as it is doing well and it is better that the US dollar. The Euros to US dollar exchange rate inclined by 0.97% and now the rate is 1.3446. At the same time the Australian dollar, British pound and the Canadian dollar rose their values of exchange rates.

This article discusses how a peak in commodity prices is affecting Australia's terms of trade. It also looks at how the exchange rates in Australia are affecting the TOT. The TOT have peaked though and now because of the recent decrease in terms of trade though, Australia's economy may be headed for a downward spiral.

This article describes the development of the terms of trade in the Netherlands. After the recession it seemed that TOT improved, however in 2009 they the TOT started to deteriorate due to falling prices of oil.

A human development index can help determine the level of development of countries like Syria who, as shown in this article, suffer from sustained acts of violence most probably because of a lack of intrinsic development.

This article discusses the repayment of debt and changes made to the plan to repay debt in the Northwest Territories.

This article talks about how the terms of trade in Australia are reflecting the problems and developments in the Australian economy over the past 50 years.

As a result of the natural disasters the last year on top of the global financial crisis, Japanese exports have fallen substantially, while imports were necessary after big parts of Japan were hit by the tsunami and earthquake in 2011. This has resulted in deterioration and a trade deficit.

Federal Reserve Chairman of the US, Ben Bernanke, suggests that Europe must continue to aid banks even as the strains of economic downturn have been uplifted somewhat. The reasoning behind this is that if the banks are aided somewhat, they will have a larger margin for error and prevention of bankruptcy.

this article reflects on the Foreign direct trade, and the expectations of the country itself.

This article discusses the decrease in worth of the British pound. Normally the British pound is thought of as a very safe currency, similarly to the US dollar and the Japanese Yen. It proposes possible new ways to get the economy running again in Europe.

The article that I bookmarked for this week is about how exchange rates and bad climate are affecting Brazil's melon shipments. Brazil is a large exporter of melons and Europe is their biggest importer of melons. Because of the recent financial problems in Europe the exchange rates are not in Brazil's favor for exports. Due to these bad exchange rates for an exporting industry and the bad weather also hurting the melons, Brazil's melon farmers are facing some problems.

This article discusses the recent depreciation of the rupee versus the dollar; however, in the past day it has appreciated. It also shows how the exchange rate has affected inflation in India. The government must make a choice between using a fixed exchange rate or a floating one.

This article discusses the human development index (HDI) of Shravasti. Shravasti has the 6th lowest literacy rate in the world and this makes it hard for the country to develop. This is because literacy leads to better jobs, which would therefore improve development.