The Bank that Bust the World

Why the collapse of Lehman had disastrous consequences for the world economy. Some intelligent television viewing this week. BBC 2 Thursday 2100 or check out iplayer at a time that suits.

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Manufacturing nudges economy towards recovery

British manufacturing output is on the rise again, mainly due to increased car production. This was helped by government fiscal stimulus in the form of a car scrappage scheme.
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Retail recovery hopes were premature

Some good retail growth in the summer had given rise to optimism but recent figures show that recovery is at best fragile.
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UN warns of deflation

The UN has warned that deflation may undermine recovery.
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Britain to lag behind other leading economies in recovery

The OECD has released its latest projections for the world economy.
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Financial Times Resource

Excellent page on the global financial crisis from the Financial Times.

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Welcome Back!

Welcome back to a new academic year!
Use this blog to keep track of key stories of relevance to your SQA Economics course. Advanced Higher students should be paying particular attention as success in the course relies heavily on your ability to relate economic theory to contemporary events. Right now, much of the economics debate in the media is centred on the prospect of recovery from our current recession. Browse the links that follow to get an idea of the posibilities for 2009/10.