This is an opinion page about a draft statement on fiscal policy written by Brad DeLong. It is about "rethinking macroeconomics" and argues that the government should be substantially bigger than in the past. The author argues that people do not make good choices if they can choose what to spend their money on (for example self-invested retirement) and that education, health care etc. should be fincanced by the government through fiscal policy.
This article is taken from an online newspaper, London South East. It can be deliberated in two ways. When we consider that consumer expenditure has shown an upward trend in the third quarter, we can say that agreegate demand has incresed. On the other hand, it can be seen that investments for firms increased considerably and therefore this could cause the aggregate supply to increase.
WASHINGTON - After a long and lumpy recovery, the world economy may finally be at a turning point with global growth expected to accelerate this year behind the rising strength of the U.S. and other major developed countries.
This article gives information about Egypt's current situation by analysing its GDP% increase in every year. It can be seen that GDP increase dipped into 2% with the arrival of political uprisings. The government hopes to restore its economy by the help of Foreign Direct Investments, which the Egyptian government currently lacks.
This article discusses how Bangladeshes economic growth has declined due to prolonged political unrest. This unrest has also has hindered " the country's investment environment". Frequent strikes, violent outbreaks, and a nationwide transport blockade have weakened the country's sovereign export performance.
Furman says that just because the US is growing its economy doesn't mean the rest of the world can slack off and rely on them, the US is not going to be able to save the rest of the world's economy. Other countries need to boost consumption and they have the resources to do so.
Countries like England and the United States have decided to come together to bailout the Ukraine economy each pledging two billion dollars, as well as the IMF fund will grant a bailout. The collapse of one economy will have a domino affect in the world wide economy so it is sensible for these world powers to intervene.
This article talks about how the falling oil prices can push the inflation level to its lowest ever and how that might imapact economies generally. It is reported that the low oil prices are reducing the level of inflation.