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Aggregate Demand and Supply
Factors affecting Aggregate Demand & Supply
Curated by Bruce Fellowes
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Rescooped by Bruce Fellowes from International aid trends from a Belgian perspective
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Stingy climate aid leaves poor nations digging deep

Stingy climate aid leaves poor nations digging deep | Aggregate Demand and Supply | Scoop.it
The Guardian
Stingy Climate Aid Leaves Poor Nations Digging Deep - Report
AllAfrica.com
For Tanzania, where more official development aid goes through the budget, the number is higher at 59 percent.

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For Poor Countries, China Is No Model

For Poor Countries, China Is No Model | Aggregate Demand and Supply | Scoop.it
State-centered growth may seem like an answer to popular unrest, but the long-term costs are too high, writes Dambisa Moyo.

Via Geoff Riley
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A2 Economics

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Geoff Riley's curator insight, September 22, 9:03 AM

Dambisa Moyo comes to this issue from a strongly pro-market, trade liberalising perspective. Read through her article - do you agree with the sentiments expressed? Or do you want to take issue with her examples?

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Financing action on climate change - YouTube

In the transition to cleaner and greener economies, the OECD is helping government and business with the tools to get climate finance right for greener growt...

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Graham Watson's curator insight, September 22, 12:03 PM

Here's the OECD take on how to finance green infrastructure: it ties in with the earlier video from the OECD and is looking to encourage private sector investment in green infrastructure.

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Ghana's Mahama Says IMF Loan Useful to Bolster Economy - Bloomberg

Ghana's Mahama Says IMF Loan Useful to Bolster Economy - Bloomberg | Aggregate Demand and Supply | Scoop.it
Ghana's Mahama Says IMF Loan Useful to Bolster Economy Bloomberg The sale of $1 billion in Eurobonds days before the IMF arrived has boosted foreign-exchange reserves and revived investor confidence in an economy that depends on income from cocoa,...
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Food Inflation Data

Food Inflation Data | Aggregate Demand and Supply | Scoop.it
Inflationary Pressure is the ‘One-Stop-Shop’ for UK Inflation Data, clearly showing the impact of inflation on the public’s pockets.

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Martin Seery's curator insight, September 22, 12:39 AM

Longsands economists should read

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Rwanda Rising: A New Model of Economic Development

Rwanda Rising: A New Model of Economic Development | Aggregate Demand and Supply | Scoop.it
Fifteen years after the genocide, the small African country has embraced a new model of economic development. Its strategy: Build a global network of... (#Twahisemo You want to know how peace and development look like?

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A2 Economics

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Martin Seery's curator insight, September 22, 12:31 AM

A2 economists should read

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Labour 'to raise minimum wage to £8'

Labour 'to raise minimum wage to £8' | Aggregate Demand and Supply | Scoop.it

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Geoff Riley's curator insight, September 21, 12:49 AM

Labour is promising staged increases in the nominal value of the national minimum wage to a level of £8 by 2020. Earlier this year the Coalition Chancellor George Osborne suggested that he had a £7 target in mind for the near future - the current rate rises to £6.50 in October 2014. How might a substantial rise in the minimum wage affect macroeconomic outcomes such as unemployment, growth and inflation?  

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Why GDP doesn’t explain economic development: Measuring progress in the Amazon | Global Envision

Why GDP doesn’t explain economic development: Measuring progress in the Amazon | Global Envision | Aggregate Demand and Supply | Scoop.it
RT @SkollWorldForum: Head of Social Progress Index for Amazon on impact of SPI in region http://t.co/xEIRuYi9KA http://t.co/CcgdpOR8AZ @soc…

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Lessons From 15 Years Of Japanese Deflation

Lessons From 15 Years Of Japanese Deflation | Aggregate Demand and Supply | Scoop.it
While Mario Draghi has stolen the show with his speech at Jackson Hole, another speech by Haruhiko Kuroda, governor of the Bank of Japan, is actually even more interesting. Kuroda’s introductory remarks are short and simple and they concern the 15 years of deflation Japan has experienced since the mid-nineties.

The key lesson is that a negative demand shock to the economy, if not handled well, will trigger mechanisms that keep the economy in a state of depression long after the initial shock has passed. In the case of Japan, the initial shock hitting aggregate demand was the bursting of a major asset bubble at the beginning of the 1990s. In turn, this has set a vicious cycle of depression and deflation in motion from the mid-1990s on. Its effects can still be felt in today’s labour market.

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Madagascar - the Curse of Economic Growth - AllAfrica.com

Madagascar - the Curse of Economic Growth - AllAfrica.com | Aggregate Demand and Supply | Scoop.it
Madagascar - the Curse of Economic Growth
AllAfrica.com
With its wealth of natural resources, Madagascar has the potential for healthy economic growth, yet remains mostly poor.
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Rescooped by Bruce Fellowes from Business Studies
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How poor countries seemed to be catching up with rich ones—and why they are now falling behind again

How poor countries seemed to be catching up with rich ones—and why they are now falling behind again | Aggregate Demand and Supply | Scoop.it
IF THE 20th century belonged to the rich countries of North America and Europe, some economists argue, then the 21st will be the era of the emerging world. Economic...

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Rescooped by Bruce Fellowes from International Economics: Pre-U Economics
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India's farmers turn to technology

India's farmers turn to technology | Aggregate Demand and Supply | Scoop.it
Farmers in the northern India state of Haryana are using technology to mitigate the impact of climate change.

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Graham Watson's curator insight, September 20, 12:00 AM

If you ever want proof of why Thomas Malthus was wrong, you might get it from this article. The answer is technology: yes, global population is rising but, thus far, technology has enabled us to get more out of the resources we've got. Of course, as an economist, at the back of your mind you might think that the law of diminishing marginal returns has to occur somewhere: it's just that it hasn't done so yet.

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Business chiefs call for rise in minimum wage now that economy is growing - The Guardian

Business chiefs call for rise in minimum wage now that economy is growing - The Guardian | Aggregate Demand and Supply | Scoop.it
The Guardian Business chiefs call for rise in minimum wage now that economy is growing The Guardian The news will be a boost for the Labour leader, partly because it shows there is a group of influential businessmen willing to countenance his...

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Rescooped by Bruce Fellowes from Microeconomics: Pre-U Economics
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Bricklayers’ boom highlights ‘skills timebomb’ in UK construction industry

Bricklayers’ boom highlights ‘skills timebomb’ in UK construction industry | Aggregate Demand and Supply | Scoop.it
As builders take on new work, a shortage of skilled tradespeople has allowed subcontractors to ramp up their hourly rates

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Graham Watson's curator insight, Today, 12:18 AM

This is the sort of article that opens up lots of areas for discussion: the D&S of a factor, the implications of the state of the labour market for the housing market, the macroeconomic implications of all of this and so on.

 

However, I would argue that it deals with one of the ongoing shortcomings of the UK economy: the absence of vocational training, something that has been seen as a weakness for nearly 50 years. In short, why do school leavers end up working in mobile phone retailers or as estate agents rather than learning a trade. One of those options almost guarantees lifetime employment, and, as a bonus allows the individual concerned to develop their 'craft' - something that's psychologically very rewarding - and keep their soul...

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Pricing Carbon: It’s About Our Economy & Our Future - YouTube

This story isn’t about taking sides. It’s about our economy and our future. The fact is climate pollution isn’t free. Left unchecked, greenhouse gas emission...

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Graham Watson's curator insight, September 22, 11:59 AM

This World Bank clip gives a simple introduction to the economics of carbon prices: if only the solution was this straightforward. British Columbia, Morocco and California are cited as potential world leaders but can these schemes be rolled out worldwide?

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UK OK Bitcoin: Brit merchants go for cryptocurrency despite doubts

Governments across the world have been quick to denounce the boom of the virtual currency bitcoin, citing fears that criminals are embracing the independent cash system. But despite that, the...
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Manufacturing in Southeast Asia - a risky bet?

Jan. 14 - Multinationals are feeling the strain of political risks in Southeast Asia after diversifying out of China. Tara Joseph asks an industry representa...

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Rescooped by Bruce Fellowes from UK economy and business
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Costa Serves Up a Cup of Clever Content Marketing

Costa Serves Up a Cup of Clever Content Marketing | Aggregate Demand and Supply | Scoop.it
The British coffee industry is a £6.2 billion market, and Costa Coffee has certainly worked long and hard to gain its place as the UK’s preferred purveyor of coffee.

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Martin Seery's curator insight, September 22, 12:37 AM

Worth a read Longsands students.

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India's farmers turn to technology

India's farmers turn to technology | Aggregate Demand and Supply | Scoop.it

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Rescooped by Bruce Fellowes from Microeconomics: Pre-U Economics
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Billion dollar beer war is brewing - Telegraph

Billion dollar beer war is brewing - Telegraph | Aggregate Demand and Supply | Scoop.it
SABMiller's rejected bid for Heineken shows takeovers and mergers are still sought after

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Graham Watson's curator insight, September 21, 12:22 AM

This Telegraph article doesn't do anything other than highlight the possibilities for consolidation in the global brewing industry, thus explaining the SABMiller bid for Heineken, however, it gives an interesting background to the likelihood of a so-called 'dance of the elephants' in the sector.

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7 Economic Issues That Explain Prosperity Differences

7 Economic Issues That Explain Prosperity Differences | Aggregate Demand and Supply | Scoop.it
Let’s face it, there are no clear cut answer as to how countries become more prosperous and others far less.

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jon inge's curator insight, September 20, 11:53 PM

Excellent development issues 

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Why the global economy is stronger than you think

Why the global economy is stronger than you think | Aggregate Demand and Supply | Scoop.it
As the latest G20 meeting of finance ministers starts in Cairns, Australia, the Legion of Gloom is at it again.

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In Praise of China’s New Normal

In Praise of China’s New Normal | Aggregate Demand and Supply | Scoop.it
China’s economy is, at long last, undergoing a rebalancing, with growth rates having declined from more than 10% before 2008 to roughly 7.5% today. If this is China’s "new normal," it would still be the envy of the rest of the world.
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The benefits of getting rid of cash - YouTube

The Economist explains: technology like digital wallets and electronic payments are becoming more accessible. So do we even need coins and notes any more? Fo...


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Graham Watson's curator insight, September 20, 12:09 AM

This is a brilliantly bizarre clip: it highlights the opportunity cost of having 'cash', focusing on three things: the opportunity cost of looking for cash points; increasing the government's ability to collect taxes; allowing for the possibility of negative interest rates.

 

But as the clip finishes: would people tolerate the loss of privacy that this entails?

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UK unemployment rate falls to lowest level since 2008 financial crisis

UK unemployment rate falls to lowest level since 2008 financial crisis | Aggregate Demand and Supply | Scoop.it
City rules out rate rise after jobless numbers fall more sharply than expected – but pay packets continue to shrink in real terms (RT @Harryslaststand: Jobs that don't pay enough to live on isn't recovery it is slavery.
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