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Isabella Yamamoto

Paul Krugman attacks Britain's austerity drive as 'deeply destructive' | Business | gua... - 2 views

  • increasing it by 2% of GDP
    • Isabella Yamamoto
       
      I can talk about the multiplier effect and how increasing in spending can lead to a boost in AD
  • austerity policy as "deeply destructive"
    • Isabella Yamamoto
       
      I can look at the argument made for increasing spending during a recession, and look at the argument made against.
  • to do so would be to admit its mistake
    • Isabella Yamamoto
       
      Perhaps I could look at how political interests can mean that policies do not always pass policies that are in the best interest of a countries economy.
  • ...1 more annotation...
  • 30% of unemployed people having been out of work for 52 weeks or more, compared with 9.5% in 2008.
    • Isabella Yamamoto
       
      How austerity measures reduce spending in public + private sectors. How that leads to more jobless. Can also look at structural unemployment and how AD will continue to fall because of lower income per capita.
Emily Hoshi

Why do economists describe climate change as a 'market failure'? | Environment | guardi... - 3 views

  • tax on emissions or an emissions trading scheme.
  •  
    this is my 1st IA!
Kento Watanabe

Big six energy firms accused of 'cold-blooded profiteering' | Business | The Guardian - 0 views

  •  
    This is my first choice
Christina Seward

Minimum alcohol price in Scotland to be set at 50p a unit | Society | The Guardian - 4 views

    • Christina Seward
       
      first IA
  • After resisting it for four years, Scottish Labour is also preparing to support the policy if Alex Salmond's government presses on with plans for a £130m "health levy" on supermarkets to claw back the £125m increase in their revenues from a 50p minimum price.
  • said in January that inflation and a drop in alcohol misuse meant only a 50p cost would have a significant impact now.
  • ...2 more annotations...
  • 60 lives in the first year, and 318 a year within a decade. It would most directly affect alcoholics,
  • extra £120 a year.
Christina Seward

US subsidy decision welcomed | Business | The Guardian - 1 views

    • Christina Seward
       
      with no cotton subsidy from the government, what effect will that have on the market?
    • Christina Seward
       
      this is whats happening now. with the subsidy, it means that the US cotton market is going well because they can sell more with the subsidy from the government
    • Christina Seward
       
      what effect the US having no subsidy on the cotton will have for the 3rd world cotton that is being sold as a second to the US cotton
  • ...3 more annotations...
  • Oxfam estimates that poor African cotton-producing countries missed out on almost $400m (£230m) in revenues between 2001 and 2003. About 10 million Africans depend directly on the crop for a living.
  • Subsidies paid by the US government make it financially viable for textile manufacturers to buy expensive US cotton rather than cheaper, third-world cotton
  • World Trade Organisation.
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