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The Patterns of World Trade - Analyst Insight from Euromonitor International

The Patterns of World Trade - Analyst Insight from Euromonitor International | Economics issues | Scoop.it
The visual highlights the intricate web of global trade. While a part of the world’s trade in goods can be described as truly global, regional trade accounts for a very important share of overall global trade. Some 70% of the trade of European Union countries, for example, was within the European Free Trade Association area in 2013. Similarly, nearly 49% of North American trade was within NAFTA.
Via Bonnie Hohhof
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The art of economics

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Economics issues
for students of economics - a resource of ideas, issues and different perspectives
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AS Economics - Macroeconomics Glossary

Key terms for AS Economics Macro Units - National & International Economy
jon inge's insight:

know the words. talk the talk

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Bruce Fellowes's curator insight, Today, 10:13 AM

I think I've put this on the page before. Useful for revision

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EconPop - The Economics of Ghostbusters

Subscribe to our channel: http://www.youtube.com/user/econstories If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI In this episode of EconPop, Andrew...
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Why are there still so many hungry people in the world? | Hilal Elver

Why are there still so many hungry people in the world? | Hilal Elver | Economics issues | Scoop.it
The world produces enough food to feed 10 billion people. Poverty and hunger prevail because of economics, not scarcity
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waste, greed and a lack of compassion 

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The Economics of California's Drought - The Atlantic

The Economics of California's Drought - The Atlantic | Economics issues | Scoop.it
What happens when the country's largest state runs low on water?
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EconPop - The Economics of Ghostbusters

Subscribe to our channel: http://www.youtube.com/user/econstories If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI In this episode of EconPop, Andrew...
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Asia’s Almighty Middle Class

Asia’s Almighty Middle Class | Economics issues | Scoop.it
Despite recent economic uncertainty, Asia’s middle class is growing fast.
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tis is where global growth  in a stagnant global economy will emerge 

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Participatory Economics - a model for a new economy

Participatory Economics, or Parecon for short, is an economic system based on democracy, justice and sustainability proposed as an alternative to capitalism

Via jean lievens
jon inge's insight:

a different way of thinking - a new synthesis ... worth exploring a new path to solving what, how and most importantly who gets it?

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Economic growth alone not enough to face Africa’s emerging challenges, UN Development Chief | UNDP

Economic growth alone not enough to face Africa’s emerging challenges, UN Development Chief | UNDP | Economics issues | Scoop.it
Africa has recorded impressive economic growth over the last decade, its ability to address emerging challenges will be strengthened by investing in citizens’ health, education and participation in society, said the UN’s development chief today in...
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growth with out development is exploitation and market failure ? 

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Turn the page on fairy tale economics, says Monty Python star - Times Higher Education

Turn the page on fairy tale economics, says Monty Python star - Times Higher Education | Economics issues | Scoop.it
Universities must be realistic about crashes and capitalism, says Terry Jones ahead of the premiere of documentary Boom Bust Boom
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no one expected the spanish inquisition .......

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Interest rate cut 'as likely as rise'

Interest rate cut 'as likely as rise' | Economics issues | Scoop.it
The chief economist of the Bank of England says UK interest rates are as likely to fall further as to rise.

Via Graham Watson
jon inge's insight:

economics motto - always confident , never certain = if we are wrong we will give you reasons 

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Graham Watson's curator insight, March 20, 8:14 AM

We had an excellent speaker last night - Andrew Hunt - dissecting the effects of QE and reaching an interesting, and seemingly counter-intuitive conclusion that QE in a global context had stoked deflation - not inflation as simple application of the Fisher equation might suggest.

 

However, as has already been pointed out this is interesting stuff - rate falls? Really? Below 0.5% - liquidity trap? Competitive devaluation and currency wars?

 

It's also another instance of the new uber-open Bank of England's publication of everything: this may have enhanced transparency but is there a trade-off? Has credibility been sacrificed?

 

We live in interesting times.

Adam Hebditch's curator insight, March 24, 10:20 AM

Worthy of a gander. An example of an Monetary policy instrument in the UK economy, low interest rates= low saving which could lead to high consumption (good for the economy).

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When will interest rates rise? The way things are going, maybe never

When will interest rates rise? The way things are going, maybe never | Economics issues | Scoop.it
Markets, not central bankers, are the root cause of today's very low interest rate environment, and they show few signs of shifting their view

Via Graham Watson
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animal spirits are deep within their cave 

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Graham Watson's curator insight, March 20, 8:57 AM

Jeremy Warner with some interesting reflections on the future level of interest rates, that again ties in with last night's talk, in suggesting that we've entered an extended period of low interest rates that reflect market fundamentals.

 

The spectre of 'secular stagnation' rears its head again - not least because of Andrew Haldane's remarks yesterday

Bruce Fellowes's curator insight, March 20, 4:59 PM

As discussed in AS Economics this week

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World Bank report: Break the cycle of poverty in region - Jamaica Observer

World Bank report: Break the cycle of poverty in region - Jamaica Observer | Economics issues | Scoop.it
LIMA, Peru (CMC) — A new report by the World Bank is calling on Caribbean countries to rethink their policies in order to break the cycle of chronic poverty in the region.

The report entitled
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one out of every five people in Latin America and the Caribbean, or around 130 million, have never known anything but poverty, subsisting on less than four US dollars daily throughout their lives

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Is it possible to end global poverty? - BBC News

Is it possible to end global poverty? - BBC News | Economics issues | Scoop.it
The UN is expected to adopt the World Bank's ambitious target of ending extreme poverty by 2030. Could we really see the end of poverty within a generation?
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World Poverty — Our World in Data

World Poverty — Our World in Data | Economics issues | Scoop.it
@marcventresca Thanks Marc! Some of the aspects of absolute poverty I present here: http://t.co/j0ANJ4rwH9
Best wishes,
Max
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Always worth reminding p

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Gum control: how Lee Kuan Yew kept chewing gum off Singapore's streets

Gum control: how Lee Kuan Yew kept chewing gum off Singapore's streets | Economics issues | Scoop.it
You’ve probably heard it said that you can get arrested and flogged for chewing gum in Singapore.

Via WGS Economics
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WGS Economics's curator insight, March 23, 2:43 PM

#ECON1 Flogging you if you drop your chewing gum - will that change behaviour??  Maybe we should try it a school?????

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Odds of escaping poverty in India, U.S. same: World Bank

Odds of escaping poverty in India, U.S. same: World Bank | Economics issues | Scoop.it
A World Bank report has challenged the conventional understanding of India’s inequality.
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harsh comparison for land of the free 

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Walmart To Push Wages To $10 An Hour; Macroeconomic Effect Will Be Near Zero - Forbes

Walmart To Push Wages To $10 An Hour; Macroeconomic Effect Will Be Near Zero - Forbes | Economics issues | Scoop.it
One of the arguments that is currently being made about a higher minimum wage is that it will increase the size of the economy. This is central to the arguments of groups like the Fight for $15 for example.
jon inge's insight:

nice addition to  minimum wage issue 

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Economics Teachers Blog: Resources for the AP Microeconomics Exam

Economics Teachers Blog: Resources for the AP Microeconomics Exam | Economics issues | Scoop.it
RT @kenhalla: Economics Teachers Blog: Resources for the AP Microeconomics Exam http://t.co/w1GOHfEOy1
jon inge's insight:

appreciated - nice collection of revision material - file for later 

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Rescooped by jon inge from Macroeconomics: UK economy Pre-U Economics
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Key points of Budget: At-a-glance

Key points of Budget: At-a-glance | Economics issues | Scoop.it
An at-a-glance summary of the main points of the 2015 Budget.

Via Graham Watson
jon inge's insight:

what are they aiming at ? will it work ??

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Graham Watson's curator insight, March 19, 4:11 AM

The BBC summary of the Budget. Nice to see the Church Roof fund get £15m. Evaluate the opportunity cost on that - more people pay to watch football over a weekend than go to church. So should we have a football stadium roof fund?

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OECD warns storm clouds gathering for global economy - The Guardian

OECD warns storm clouds gathering for global economy - The Guardian | Economics issues | Scoop.it
Thinktank says easy money is building up fresh financial stability risks and urges governments to do more to shore up recovery
jon inge's insight:

will this help restore confidence ???

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Well-Being and Economics

Well-Being and Economics

Via Alessandro Cerboni
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insightful and very detailed discussion on non economic indicators 

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EconPop - The Economics of The Hudsucker Proxy

Subscribe to our channel: http://www.youtube.com/user/econstories If you enjoy this, watch this episode next: http://youtu.be/vZqEfnlGjCc In this episode of EconPop, Andrew discusses the...
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awesome 

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Game of Thrones: Economics of Westeros

SEE THE EVIDENCE FROM THE BOOKS! When the book icons appear at the bottom, hover your mouse over the book to see the quotes. You may want to pause the video so you have time to read.
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economics is everywhere 

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Greek parliament passes poverty bill - euronews

Greek parliament passes poverty bill - euronews | Economics issues | Scoop.it
The Greek parliament has passed a poverty bill much to the annoyance of its international lenders Under the new law the poor will be given free electricity and about 300,000 Greeks will get food vouchers.
jon inge's insight:

less austerity, more compassion - but who pays ?

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