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Ayaka Matsumura

Australian dollar to drop 10pc against greenback in 2013, says MS | The Australian - 0 views

  •  
    International IA Article
Marika Shimomura

Brazilian Coffee Minimum Price Raised 17% to Aid Farmers - Bloomberg - 2 views

  • Brazilian coffee producers will harvest between 47 million bags and 50.2 million this year, approaching last year’s record 50.8 million bags, the government said in January.
    • Marika Shimomura
       
      Excess supply leading to the prices declining
  • such as auctions or measures to compensate sales below minimum price
    • Marika Shimomura
       
      Government intervention
  • minimum domestic price
    • Marika Shimomura
       
      Minimum price
  • ...4 more annotations...
  • international prices
    • Marika Shimomura
       
      Decrease in demand leading in decrease in international prices
  • 307 reais ($153) per 60-kilogram (132- pound) bag, from 261.69 reais
  • Brazil reaped a record crop in 2012
    • Marika Shimomura
       
      Increase in supply
  • increase
Edward Pearson

Lost in inflation: the trap of focusing solely on the consumer price index | The Japan ... - 3 views

  • interest rate policy since February 1999
    • Edward Pearson
       
      -Increase borrowing and decreasing savings -however, real interest rates are positive due to deflation 
  • the government's fiscal policy options are starting to run out
    • Edward Pearson
       
      Increase in budget deficit as spending increases and tax revenue decreases - along with debt of 215% of GDP
  • This is reflected by globalized Japan's descent into its first trade deficit since 1980
    • Edward Pearson
       
      GDP=C+!+G+X-M  demand for domestic products decrease because foreign products are relatively cheaper - increase in M and decrease in X, so AD decreases and GDP decrease causing deflation
  • ...4 more annotations...
  • prices in Japan remain very high by international standards.
    • Edward Pearson
       
      Lack of factors of production - mainly land need for importing from foreign countries possible solutions- Free trade
  • This is one factor behind Japan's high prices.
  • cannot pin their hopes on wage increases
    • Edward Pearson
       
      should be a decrease in wages as revenue decreases - sticky wages 
  • They should step back and take a look at the big picture, including Japan's abnormally high prices,
    • Edward Pearson
       
      deflation possibly could be advantages - increase in spending power, international competitiveness etc 
Kento Watanabe

Japan presses Ukraine on car tariffs | The Japan Times - 0 views

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    Econ IA - International
Adam Seldis

Kenya inflation slows to 12.2 pct in May | Reuters - 3 views

  • inflation slows to 12.2 pct in May
  • fall in
    • Adam Seldis
       
      This response will be about falling inflation. So I'm hoping to find some information on perhaps why it is falling, to what extent the government played a part, and what might the consequences be?
  • ...6 more annotations...
    • Adam Seldis
       
      This explains why there was the fall. So it is a cost-push disinflation. I can explain this using a diagram.
    • Adam Seldis
       
      I can now bring in monetary policy and explain not only why a government may wish to lower interest rates (to boost AD) but also how a lowering of inflation might allow this situation.
    • Adam Seldis
       
      I can use this data in my diagrams
    • Adam Seldis
       
      So I can use this to explain how the government has been using interest rates to lower inflation and what the relationship is between them.
    • Adam Seldis
       
      Could also do some evaluation to suggest that cost-push disinflation is better to have than demand-pull disinflation, as with cost-push disinflation you still get GDP growth.
    • Adam Seldis
       
      I can use this to explain what might happen in the future. What might be the impact of high international commodity prices.
Adam Seldis

Kenya inflation slows to 12.2 pct in May | Reuters - 5 views

    • Adam Seldis
       
      This nicely allows some evaluation, as we can speculate on to what evaluate the government should change interest rates
    • Adam Seldis
       
      I could use this to introduce the relationship between interest rates and exchange rates. However that's more international economics so I might just ignore it. 
    • Adam Seldis
       
      This is a nice article that allows me to explain what inflation is and how Kenya has cost-push disinflation. I can easily show this in a diagram. What's more it also talks about monetary policy, so I can explain how the government has helped create this - the impact of interest rates on costs. There are also some really good evaluation opportunities, particularly as the article suggests the Kenyan government itself doesn't know what to do with interest rates. I can ignore exchange rates but instead focus on the possible impact on employment and general GDP growth, whilst not ignoring the ominous signs mentioned about future world commodity prices.
Yuuji Mitsuta

Europe's (olive) oil crisis (2) - 4 views

  • ompetition from cheaper varieties of vegetable oil
  • 10-year low as domestic consumption in the top producing southern European countries has fallen because of the economic crisis.
    • Yuuji Mitsuta
       
      Decrease in demand
  • coincided with a bumper olive crop in Spain,
  • ...2 more annotations...
  • The price of premium-quality extra virgin olive oil in the wholesale market fell this month to $2,900 a tonne, the lowest since 2002 and down more than half from nearly $6,000 a tonne in 2005, according to the International Monetary Fund.
  • The EU has tried to deal with the surplus by paying companies to stockpile oil
Yihan Li

BBC News - Australia cuts interest rates in a bid to boost growth - 0 views

  • The bank cut its key rate to 3.5% from 3.75%.
    • Yihan Li
       
      Australia's central bank cut its interest rate, which is a monetary policy. This is intended to increase consumption and investment, thus the aggregate demand   
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
  • ...14 more annotations...
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
    • Yihan Li
       
      Both monetary and fiscal policies are used to stimulate the consumption, thus AD. However this has not worked. 
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • ere have been concerns that Australia's resources-led boom may be hurt by falling
  • ave been concerns that Australia's resources-led boom may be hurt by falling
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
    • Yihan Li
       
      Main component of Australia's GDP growth was export of natural resources. Due to unstable international economy, foreign companies manufacture less good, so less Australia's resources will be demanded. Thus GDP growth slows down.
    • Yihan Li
       
      AD-AS curves can be used 
  • In China, one of the biggest markets for Australian commodity exports, both the manufacturing and non-manufacturing sectors have seen the pace of growth slow in May, raising concerns about a slowdown in its economy.
    • Yihan Li
       
      Since China is Australia's biggest exporter, stagnation of Chinese economy will reduce the export, thus AD
  • Meanwhile there have been fears about the recovery in the US economy losing its pace after it reported weaker-than-expected jobs data for May.
    • Yihan Li
       
      Low consumer and business confidence, which may reduce consumption and investment 
  • However, there has been a slew of weak economic data that has come out since then.
  • accommodative stance
    • Yihan Li
       
      accommodative stance = looser monetary policies
  • The country's housing market has seen prices fall and continues to remain subdued despite earlier cuts to the cost of borrowing
    • Yihan Li
       
      House is most people's biggest asset. The decrease in its price will reduce people's disposable income, thus consumption and AD 
  •  
    Interest Rate and Macroeconomy  
Tomomi Nakamura

Greek G.D.P. Fell 6.2 Percent in 2nd Quarter - NYTimes.com - 0 views

  • The nation’s gross domestic product slid 6.2 percent in the second quarter from a year earlier
  • unemployment rate in May reaching a record 23.1 percent
  • Antonis Samaras, the conservative prime minister of Greece, is seeking to deliver further austerity measures to free up more of the rescue funds provided by the so-called troika — the International Monetary Fund, European Union and European Central Bank — as part of a 130 billion euro ($160 billion) loan program
  • ...3 more annotations...
  • But many economists were skeptical that the heavily indebted Greek state can cut its way out of crippling recession.
  • in 2013, from 9.3 percent in 2011.
  • Officials in Athens agreed in March to cut the general government deficit to 7.3 percent of G.D.P. this year and to 4.6 percent
senkoffa

Canada threatens higher tariffs on US wine imports | decanter.com - 0 views

  • 'retaliatory tariffs' on a range of US imports, including wine
  • US failed to change its country of origin labelling rules to comply with the WTO ruling. But, he said Canada would seek WTO approval before making a move. 
  • Canada represents the second largest export market for US wines by value behind the European Union
  • ...1 more annotation...
  • EU agreed a free trade agreement with Canada
senkoffa

Trade deal opens Europe to oysters - Prince Edward Island - CBC News - 0 views

  • Flynn said oyster growers in his country, Ireland, are selling to Asia because the market in Europe is so competitive. There is room, however, for specialty products.
  • Most are purchased from France, or consumers are buying local product. Canadian oysters are largely unknown.
  • Canada-European Union trade deal
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