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Eurasia’s Development: Diversifying Economies, Naturally

Eurasia’s Development: Diversifying Economies, Naturally | Development Economics | Scoop.it
Eurasia’s Development: Diversifying Economies, Naturally
Geoff Riley's insight:

Natural resource economics are applied in this World bank blog to the Eurasian region - plenty of overlap with your studies on the issue in the context of sub Saharan Africa and other parts of the world.

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Development Economics
Regularly updated news articles, research features and revision resources on Unit 4 macro development economics
Curated by Geoff Riley
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Ghana protests over rising prices

Ghana protests over rising prices | Development Economics | Scoop.it
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Ricardo Hausmann advises poor countries not to focus solely on adding value to natural-resource exports. - Project Syndicate

Ricardo Hausmann advises poor countries not to focus solely on adding value to natural-resource exports. - Project Syndicate | Development Economics | Scoop.it
Poor countries export raw materials such as cocoa, iron ore, and raw diamonds, while rich countries export – often to those same poor countries – more complex products such as chocolate, cars, and jewels. But this does not mean that poor countries should focus solely on adding value to their raw materials.
Geoff Riley's insight:

This is an absolutely outstanding article to use when introducing development economics to a level students. The work of Hausmann and Hidalgo on complexity and economic development is becoming more widely recognised and used in schools. Hausmann's article here in Project Syndicate emphasises the importance of building capabilities within an economy to promote the growth of higher value added industries.

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Africa's McTipping Point?

Africa's McTipping Point? | Development Economics | Scoop.it

Three quarters of a century since the opening of the first McDonald’s, the fast food chain operates around 34,000 outfits in around 120 countries and territories across all continents. In Sub-Saharan Africa (SSA), however, – a region of 48 countries and almost a billion people - only South Africa and Mauritius have been able to attract this global food chain.  

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Why power theft in India is a complex problem

Why power theft in India is a complex problem | Development Economics | Scoop.it
Geoff Riley's insight:

The documentary Powerless is bound to be a thought-provoking experience when released in the UK in June. Consider going to see it as part of your studies in development economics. What are the complex market and government failures that lie behind the structural weaknesses in basic utilities in India such as electricity?

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Footballs in Pakistan: An Innovation Story

Footballs in Pakistan: An Innovation Story | Development Economics | Scoop.it

Bob Denham from Econ Films has shared with us this newly launched video from the International Growth Centre. It focuses on the competitive challenges facing Pakistan's football manufacturing sector as it loses market share to countries such as China and Indonesia. 

Geoff Riley's insight:

Take a break from your development economics revision - this is superb - find some of the key themes contained within it!

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Mobile brightening Africa's future

Mobile brightening Africa's future | Development Economics | Scoop.it
Geoff Riley's insight:

The number of mobile phone subscribers in sub-Saharan Africa - currently more than 250 million - is forecast to rise to nearly 350 million by 2017.

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Piketty findings undercut by errors - FT.com

Piketty findings undercut by errors - FT.com | Development Economics | Scoop.it
Thomas Piketty’s book, ‘Capital in the Twenty-First Century’, has been the publishing sensation of the year. Its thesis of rising inequality tapped into the zeitgeist and electrified the post-financial crisis public policy debate. But, according to
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Manila: After the storm

Manila: After the storm | Development Economics | Scoop.it
Geoff Riley's insight:

Superb case study on a country on the cusp of being a middle income economy

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Bruce Fellowes's curator insight, May 19, 9:53 AM

Useful for EC4

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Development Economics Defined?

Development Economics Defined? | Development Economics | Scoop.it
oday, “development economics” ... has several key features: (1) It very consciously takes place in developing countries. These researchers are out collecting surveys or doing studies “in the field.” Perhaps the best way to define a development economist today is as someone whose
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University for women key to Africa agriculture

University for women key to Africa agriculture | Development Economics | Scoop.it
Making agriculture an engine for African development cannot be achieved without bringing higher technical training to those who farm—women, argues Calestous Juma
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Do democracies lead to faster economic growth?, 09/05/2014 GMT, Talking Business with Linda Yueh - BBC World News

Do democracies lead to faster economic growth?, 09/05/2014 GMT, Talking Business with Linda Yueh - BBC World News | Development Economics | Scoop.it
Linda talks to Yasheng Huang, professor of international management at MIT Sloan.
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Laura Tyson and Susan Lund show how countries and economic sectors benefit from greater international interconnectedness. - Project Syndicate

Laura Tyson and Susan Lund show how countries and economic sectors benefit from greater international interconnectedness. - Project Syndicate | Development Economics | Scoop.it
Cross-border flows are claiming a growing share of global economic activity. But neither the extent of the global economy’s interconnectedness nor the changing composition of interconnections among countries and within sectors is well understood.
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Mexico’s Economy Appears Poised To Emerge From China’s Shadow

Mexico’s Economy Appears Poised To Emerge From China’s Shadow | Development Economics | Scoop.it
Will every Mexican benefit, and will America's southern neighbor emerge as a global powerhouse?
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Africa’s mobile boom powers innovation economy

Africa’s mobile boom powers innovation economy | Development Economics | Scoop.it

Innovation is happening all over Africa in all different sectors, from education to energy, banking to agriculture. "

Geoff Riley's insight:

A hugely positive report which celebrates the impact of mobile technology as a driver of business innovation and growth in Africa. Staple fare but important nonetheless for #econ4 students

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Winners and losers from a strong pound

Winners and losers from a strong pound | Development Economics | Scoop.it
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China steals march on rivals to invest in Bangladesh

China steals march on rivals to invest in Bangladesh | Development Economics | Scoop.it
Next year marks the 40th anniversary of China’s recognition of Bangladesh. It’s not a celebrated anniversary for many, least of all the country’s prime minister, Sheikh Hasina. The year, 1975, was also that of the death of her father, the country’s independence hero Sheikh Mujibur Rahman. His struggle against Pakistani domination was bitterly opposed by Beijing, where in 1971 state media described him as a “puppet countenance” and the country’s creation as “fascist nonsense”. It wasn’t until he and most of his family were gunned down that China opened relations with the country. How times have changed. Mujib’s daughter, one of only two surviving family members from that day in August 1975, has just wrapped up a visit to Beijing. Now, Chinese state media say the two countries can “dream together,” with relations at a “new historical high.”
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Unit 4 Macro: Brazil's path to inclusive growth

Unit 4 Macro: Brazil's path to inclusive growth | Development Economics | Scoop.it

To raise incomes and living standards, Brazil must accelerate productivity growth. Building new connections with the rest of the global economy could provide the opening to do just that.

Geoff Riley's insight:

Can Brazil escape the middle income trap? Lots of attention focusing on Brazil this summer as the World Cup arrives. beneath the surface there are huge economic and social challenges.

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South Africa's economic challenges

South Africa's economic challenges | Development Economics | Scoop.it
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Superb mini case study of some growth and development challenges

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Thai coup prompts warnings to tourists

Thai coup prompts warnings to tourists | Development Economics | Scoop.it
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US wins car ruling against China

US wins car ruling against China | Development Economics | Scoop.it
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EU and US restart trade talks

EU and US restart trade talks | Development Economics | Scoop.it
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Rio Tinto to seal $20bn deal for world's biggest untapped iron ore deposit

Rio Tinto to seal $20bn deal for world's biggest untapped iron ore deposit | Development Economics | Scoop.it
After years of delays and legal battles, Anglo-Australian miner says it is ready to finalise Simandou project in Guinea
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Unit 4 Macro: The New Pacific Alliance

Unit 4 Macro: The New Pacific Alliance | Development Economics | Scoop.it
Here are some resources on the newly created Pacific Alliance which - in the short run - has achieved significant tariff  reductions but which in the long run seeks to create a new economic community / single market in the region..
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Generate decent jobs 'or a billion people will remain in extreme poverty'

Generate decent jobs 'or a billion people will remain in extreme poverty' | Development Economics | Scoop.it
Poverty reduction initiatives worldwide are having insufficient impact on the chronically poor, advisory group warns
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Ethiopia receives first sovereign rating - FT.com

Ethiopia receives first sovereign rating - FT.com | Development Economics | Scoop.it
Ethiopia has received its first sovereign credit rating from the top global agencies, a step that opens the door for a potential debut on international capital markets and highlights the country’s profound turnround. For many, Ethiopia is still
Geoff Riley's insight:

Many more African countries looking to issue bonds including Eurobonds. What are the risks and the opportunities in doing so? 

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