Monday 25 October 2010

What's the Currency War About?




Deficit countries, surplus countries, the Eurozone, China, Japan and the simmering tensions...


Friday 15 October 2010

QE in the UK Could Net the Treasury £7.75bn per Year


Good news for the Treasury...


The BoE is sitting on almost one quarter of the Gilts bought as a result of the QE programme (Asset Purchase Scheme). This entitles the BoE to around £7.75bn in interest payments.


The BoE retains this money to cover any losses made as a result of QE. However, should it make a profit then this will go to the Treasury - this helps alleviate the strain on the public sector finances.


Dollar Hammered Amid Fears of QE in the US


The dollar falls in value worldwide amid fears that the US Fed will print another $1 trillion.


Thursday 14 October 2010

Why Emerging Markets Pose a Threat to Western Prosperity


A useful interview to listen to if you are writing a dissertation about the BRIC economies or developing economies in Africa.


Monday 11 October 2010

War of the World (Currencies)


As mentioned in class - this is a news story you need to be following!


Read the article in the Wall Street Journal to find out why currency wars could mark the end of free trade...

Thursday 7 October 2010

The Global Debt Clock


Follow the link to access The Economists interactive global debt clock.

Currency wars Threaten Global Economic Recovery


Manipulating their currency has become government's new weapon in the battle for economic recovery.


Tuesday 5 October 2010

When is Inflation Good?


When it creates expectations of future price rises thus encouraging us to spend more now.

Governments are doing whatever they can to stimulate consumer spending once again.


Poor Countries or Poor People - Who Gets Aid?


Almost 3/4 of the "bottom billion" live in middle income countries. Only 1/4 live in the poorest states (mainly in Africa).


This poses a very interesting question for economists... "who needs aid: poor people or poor countries?".


Monday 4 October 2010

The One Payment Benefit System


Huge changes are being made to the benefits system to streamline the process and cut costs (austerity measures).


How to Spend to Mend the UK Economy


We have receiently been given advice as consumers that they way to mend our economy is to spend our way into recovery.


What exactly should we be spending our money on?


Millenium Development Goals Progress


Many of you are looking at economic development in your dissertations this year.


This article from the Economist looks at how many of the goals have been achieved and offers a critical view as to the extent they have contributed towards economic growth in the world's poorest economies.




The EU - Interactive Data


The Economist has a great interactive data tool for the EU covering growth, budget deficits, unemployment...


This will make a useful resource for dissertations.




Attaching Blame for the Financial Crisis?


We now what is to blame for the crisis but who is to blame is debatable.

This London School of Economics lecture/slideshow goes some way to explain who the main culprits are.

Follow the link...