The UK deficit for 2009/10 was 167bn, less than the treasury had forecast but still the highest level since the war.Thursday, 22 April 2010
UK Deficit hits highest level since WW2
The UK deficit for 2009/10 was 167bn, less than the treasury had forecast but still the highest level since the war.
Britain's persistent inflation
UK CPI inflation stayed above target in March at 3.4%. But what is causing this rise and does this mean that some monetary tighetening is on the way?
Wednesday, 21 April 2010
Economic Aid - Does it Work?
The Essay title for this year's Phillip David Gray Essay Competition is 'Economic Aid - Does it Work?'.
The presentation from the PDG Memorial lecture is on the LG under 'General > Pupil Resources' along with further details on the competition itself.
Conveniently, the title bears close ressemblance to one of the Royal Economics Society Young Economist essay titles with some comprehansive resources available on Tutor2U.
The presentation from the PDG Memorial lecture is on the LG under 'General > Pupil Resources' along with further details on the competition itself.
Conveniently, the title bears close ressemblance to one of the Royal Economics Society Young Economist essay titles with some comprehansive resources available on Tutor2U.
Friday, 16 April 2010
Is Greece the first domino to fall?
The government of Greece has finally sought IMF assistance to help it clear its severe national debt. But what does this mean for other eurozone countries in a similar position? And which other countries have gone "cap in hand" to the IMF over it's history?What future for the BRIC countries?
Will the BRIC countries of Brazil, Russia, India and China come together to become a leading force in the new global economy?Friday, 9 April 2010
Pressure on the Bank of England?
Factory gate inflation has risen, indicating increased inflationary pressure in the economy. Is there an interest rate rise on the cards in the near future?
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China's Exchange Rate Policy
China's exchange rate policy has attracted criticism from the US in particular as China fights to keep the value of the yuan low, thus assisting Chinese exporters. But is this policy about to change, and what would that mean for the UK economy?
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