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.
Tuesday, 5 October 2010
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...
This London School of Economics lecture/slideshow goes some way to explain who the main culprits are.
Follow the link...
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