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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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Interactive: Which countries are projected to become aid donors?

Interactive: Which countries are projected to become aid donors? | Development Economics | Scoop.it
We are living through the period of most rapid change in human history. By and large this change is for good. For the first time ever, the prospect of ending absolute poverty is a real one.
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Let's rethink the idea of the state: it must be a catalyst for big, bold ideas | Mariana Mazzucato

Let's rethink the idea of the state: it must be a catalyst for big, bold ideas  | Mariana Mazzucato | Development Economics | Scoop.it
Economist, Mariana Mazzucato: As George Osborne envisages a smaller state, economist Mariana Mazzucato argues instead that a programme of forward-thinking public spending is crucial for a creative, prosperous society. We must stop seeing the state as a malign influence or a waste of taxpayers' money
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China poised to pass US as world’s leading economic power - FT.com

China poised to pass US as world’s leading economic power - FT.com | Development Economics | Scoop.it
The US is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies. The US has been the global leader since
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Obama, Abe and a high-stakes trade deal

Obama, Abe and a high-stakes trade deal | Development Economics | Scoop.it
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This is a screamer of an article on TPP from Linda Yueh. all students taking Econ4 must be aware of what the TPP is and what it might mean for the world economy if the TPP is finalised and completed. There are numerous barriers in the way. Can the USA and Japan resolve and reduce decades-long and deeply embedded protectionist measures covering farm products and car making? TPP has the potential to boost trade and growth in both countries - but politics and vested interests often get in the way.

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Angola's new import tariffs putting the squeeze on the poorest residents in one of the world’s most expensive cities

Angola's new import tariffs putting the squeeze on the poorest residents in one of the world’s most expensive cities | Development Economics | Scoop.it
In Luanda’s Jumbo supermarket, a half-litre tub of imported vanilla ice-cream used to cost $25 (£15), testament to the Angolan capital’s rank as one of the world’s most expensive cities.
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A more equal society will not hinder growth - FT.com

A more equal society will not hinder growth - FT.com | Development Economics | Scoop.it
Inequality is a hot topic right now. The reaction to Thomas Piketty’s Capital in the Twenty-First Century shows the rising tide of anxiety. But Mr Piketty devoted almost no attention to why inequality matters or whether the cost of reducing it might
Geoff Riley's insight:

Hugely important article for all econ4 students

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Unit 4 Macro: Country Profile Revision Sheet

Unit 4 Macro: Country Profile Revision Sheet | Development Economics | Scoop.it
Here is a Country Profile revision sheet that I have created as part of my revision programme for my A2 students. The idea is to complete (neatly) one sheet each for six countries – leaving room on the other side for additional useful revision concepts and background context. ideally students.
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Bruce Fellowes's curator insight, April 22, 1:33 PM

Useful for A2 Economics students.

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Why sanitation should be sacred

Why sanitation should be sacred | Development Economics | Scoop.it
THE first decade of this century brought a surge in aid for health, particularly for HIV and malaria. Now health officials and wonks are debating how to fight a...
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Cracking short article on the benefit to cost ratio of investment in basic sanitation

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Ending poverty requires more than growth, says WBG

While economic growth remains vital for reducing poverty, growth has its limits, according to new World Bank paper released today. Countries need to complement efforts to enhance growth with policies that allocate more resources to the extreme poor
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Unit 4 Macro: The Rise of Managed Exchange Rates

Unit 4 Macro: The Rise of Managed Exchange Rates | Development Economics | Scoop.it
The new IMF report on the global economy published in April 2014 includes a focus on the currency regimes chosen by emerging market countries.  An increasing number of central banks have switched from free-floating exchange rates to managed currency regimes - perhaps because they want to make more active use of.
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Sharing Prosperity, Delivering Results

Sharing Prosperity, Delivering Results | Development Economics | Scoop.it
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Unit 4 Macro: African Exports to China - Benefits and Costs

Unit 4 Macro: African Exports to China - Benefits and Costs | Development Economics | Scoop.it
Preferential market access to China is providing an important growth-enhancing outlet for African exporters that find it difficult to break into industrialised countries’ markets. But there remain dangers that current export structures and national capacity constraints may further entrap Africa given its comparative advantage in primary resources and China’s comparative advantage.
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BBC News - Knowledge economy

BBC News - Knowledge economy | Development Economics | Scoop.it
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The Knowledge Economy looks like being a superb portal for students and teacher who wish to enrich and extend their understanding of the role and potential of knowledge industries as growth and development drivers. 

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Fossil fuel subsidies growing despite concerns

Fossil fuel subsidies growing despite concerns | Development Economics | Scoop.it
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Côte d’Ivoire’s Emerging Young Entrepreneurs

Côte d’Ivoire’s Emerging Young Entrepreneurs | Development Economics | Scoop.it
Kone Gninlnagnon is a young entrepreneur who dreams of exporting rice from Côte d’Ivoire to the world. But he knows the quality of the rice must be improved and tested in the domestic market first. Thus, a new business idea was born: helping to make homegrown rice more competitive. “We cannot win the loyalty of consumers with bad quality rice,” he says. His project, “Riz Ivoire,” would promote the rice that comes from the heart of Côte d’Ivoire and help deliver high-quality rice to Ivorian dining tables. He also wants to encourage other Ivorian youth to invest in “rizculture.” Now Gninlnagnon is one step closer to achieving his dream. His project won third place in the Start-up Competition at ICI 2014, the Fourth Côte d‘Ivoire National Investment Forum that took place in the city of Abidjan in January. While the three-day event focused on investment opportunities in the country’s key sectors like agriculture, industry, and infrastructure, the spotlight of the closing ceremony fell on entrepreneurship and the youth of Côte d’Ivoire, as they are the drivers of future growth and innovation in the post-conflict country. Côte d’Ivoire aims to be an emerging market economy by 2020. In 2013, the country’s growth rate was 8.7%.
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Developing world exploitation being funded by Australian banks, says Oxfam

Developing world exploitation being funded by Australian banks, says Oxfam | Development Economics | Scoop.it
Companies involved in illegal logging, forced evictions and child labour have been backed financially, report claims
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Above the table

Above the table | Development Economics | Scoop.it
A nation of bean-counters KIERAN HOLMES’S early career in the Irish revenue service had not fully prepared him to take over as chief tax collector in Burundi, one...
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Successfully generating more tax revenues helps to reduce aid dependency. This case study on Burundi from the Economist is well worth reading.

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How will US trade deal affect Japan?

How will US trade deal affect Japan? | Development Economics | Scoop.it
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Unit 4 Macro: Country Profile Revision Sheet

Unit 4 Macro: Country Profile Revision Sheet | Development Economics | Scoop.it

Here is a Country Profile revision sheet that I have created as part of my revision programme for my A2 students. The idea is to complete (neatly) one sheet each for six countries – leaving room on the other side for additional useful revision concepts and background context.

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Unit 4 Macro: Country Profile Revision Sheet

Unit 4 Macro: Country Profile Revision Sheet | Development Economics | Scoop.it
Here is a Country Profile revision sheet that I have created as part of my revision programme for my A2 students. The idea is to complete (neatly) one sheet each for six countries – leaving room on the other side for additional useful revision concepts and background context. ideally students.
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Unit 4 Macro: Mauritania in search of growth and stability

Unit 4 Macro: Mauritania in search of growth and stability | Development Economics | Scoop.it
If you are searching for a vivid example of a country experiencing primary product dependency have a look at this short video report from the Financial Times. The lower middle income west African country is trying to modernise their economy but remains deeply at risk from outside external shocks including over-dependency.
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Growth 'not enough' to end poverty

Growth 'not enough' to end poverty | Development Economics | Scoop.it
Geoff Riley's insight:

Last year the World Bank reported that

 

"Over the past three decades, the extent of global poverty has declined rapidly. The percentage of people living in extreme poverty in 2013 is less than half of what it was in 1990. Based on this trend, it is possible to envision a world in which extreme poverty has effectively been eliminated within a generation. Yet today, more than 1 billion people worldwide are still destitute, inequality and social exclusion seem to be rising in several countries, and many urgent and complex challenges must be overcome to maintain the recent momentum in poverty reduction"


Here is the link to their end poverty campaign

http://siteresources.worldbank.org/EXTANNREP2013/Resources/9304887-1377201212378/9305896-1377544753431/WorldFreeOfPoverty_EN.pdf ;

 

 


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Rising inequality is a blemish on Asia’s growth story - FT.com

Rising inequality is a blemish on Asia’s growth story - FT.com | Development Economics | Scoop.it
Deng Xiaoping said: “Let some people get rich first.” He was referring to China but it turns out he could have been talking about Asia as a whole. In the past two decades, rapid growth across much of Asia has widened the wealth gap. That has caused “
Geoff Riley's insight:

Superbly relevant piece on the growth / inequality debate and some of the policy options available to Asian countries. Excellent for #econ4

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Is India still a developing country?

Is India still a developing country? | Development Economics | Scoop.it
As elections begin in the world's largest democracy, experts specialising in areas from the economy and women's rights to youth, disability and urban development offer their thoughts
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Myanmar's Tourism Boom Endangers Fragile Ecosystems

Myanmar's Tourism Boom Endangers Fragile Ecosystems | Development Economics | Scoop.it
Myanmar, also known as Burma, has opened its doors to tourism and all that goes with it: hotel construction, pollution, waste-and perhaps ecosystem loss.
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