Global Economy
0 view | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 4: Latvia caps years of austerity with euro zone membership

A2 Macro Pre-Release Extract 4: Latvia caps years of austerity with euro zone membership | Global Economy | Scoop.it
By Aija Krutaine and Nerijus Adomaitis RIGA (Reuters) - Latvia joined the euro zone on Wednesday, banking on its experience of austerity to bring it prosperity in a currency union where other economies have floundered. The Baltic country of just 2 million people became the bloc's 18th member at midnight (2200 GMT), taking a step further out of the shadow of neighbouring Russia a decade after joining the European Union and NATO. Latvia's acting prime minister, Valdis Dombrovskis, who led his country through its worst economic crisis since it left the former Soviet Union in the early 1990s, said euro adoption was an opportunity, but not a guarantee of wealth, and the country should not relax its fiscal policy.

Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 5: FDI in Africa

A2 Macro Pre-Release Extract 5: FDI in Africa | Global Economy | Scoop.it
Revision blog on the economics of foreign direct investment in Africa with a special focus on investment from China and other BRIC countries.

Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 5: A MUST READ Economist article - "Sorry, no vacancies"

A2 Macro Pre-Release Extract 5: A MUST READ Economist article - "Sorry, no vacancies" | Global Economy | Scoop.it
A grain of hope AFRICAN businesses are reluctant employers. A given firm in Sub-Saharan Africa typically has 24% fewer people on its books than equivalent firms...

Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 5: 2014 African Transformation Report "Growth with Depth"


Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 5 - What Ails South Africa?

A2 Macro Pre-Release Extract 5 - What Ails South Africa? | Global Economy | Scoop.it

Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Material Extract 5: Africa, stop digging holes for the West

A2 Macro Pre-Release Material Extract 5: Africa, stop digging holes for the West | Global Economy | Scoop.it
Africa must disregard outsiders' self-serving advice about managing its natural resources, writes Roman Grynberg.

Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 5: Importance of Trade to Sub-Saharan Africa (a MUST READ)


Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 5: Depth in Africa’s Transformation

A2 Macro Pre-Release Extract 5: Depth in Africa’s Transformation | Global Economy | Scoop.it
Africa is growing fast but transforming slowly. This is the message of the 2014 African Transformation Report, launched last week by the African Center for Economic Transformation (ACET). The report addresses a worry on the minds of many: in spite of impressive growth, the structure of most sub-Saharan African economies has evolved little in the past 40 years, with a poorly diversified export base, limited industrialization and technological progress, and a large informal economy whose economic potential remains mostly overlooked. In many African economies, manufacturing—the sector that has led rapid development in East Asia—is declining as a share of GDP. The worry is that without a major transformation Africa’s recent growth may soon run out of steam. The report argues that for growth to continue, Africa needs to invest in “DEPTH”–diversification, export competitiveness, productivity, and technological upgrading, all for the purposes of human well-being.

Via Saint Martin's - Economics
more...
No comment yet.
Rescooped by Nicole Tsui from F585 The Global Economy - Development Economics
Scoop.it!

A2 Macro Pre-Release Extract 1/2: The ‘output gap’: another piece of economic mumbo-jumbo

A2 Macro Pre-Release Extract 1/2: The ‘output gap’: another piece of economic mumbo-jumbo | Global Economy | Scoop.it
The concept of the 'output gap’ is central to mainstream macroeconomics. It is not merely of academic interest.  The Office for Budget Responsibility (OBR) has a specific requirement to estimate the output gap, which it defines formally as “the difference between the current level of activity in the economy and.

Via Saint Martin's - Economics
more...
No comment yet.