Macroeconomic Objectives
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Macroeconomic Objectives
This includes updates on unemployment, economic growth, inflation and balance of payments
Curated by Tracie Gibbons
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India targets renewables in $250bn power plan - FT.com

India targets renewables in $250bn power plan - FT.com | Macroeconomic Objectives | Scoop.it
India will need $250bn of investment in power generation and transmission over the next five years to meet its goal of doubling electricity output and connecting everyone to the grid, according to the new government. Piyush Goyal, minister for power,
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Renewed deflation worries

Renewed deflation worries | Macroeconomic Objectives | Scoop.it

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Geoff Riley's curator insight, October 15, 2014 8:27 AM

Excellent background reading - the European Union economy is slowing and there are renewed deflationary fears in several countries. Why is deflation something to be worried about? What - if anything - can macroeconomic policy-makers do to lower the risk of another deflation-induced slowdown? 

 

S6C Business's curator insight, November 26, 2014 2:25 PM

Excellent info on the possibility of deflation across the EU - and why it's not a good news story to have falling prices...

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Britain ‘facing lost decade of economic growth’

Britain ‘facing lost decade of economic growth’ | Macroeconomic Objectives | Scoop.it
Britain is facing a lost decade of economic growth despite the economic recovery, the latest forecasts from a respected think tank suggest today.

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Five key factors that will decide when Bank of England raises interest rates

Five key factors that will decide when Bank of England raises interest rates | Macroeconomic Objectives | Scoop.it
In a recovery that policymakers find hard to read, rates may, or may not, rise soon, depending on a complex matrix of indicators. By Larry Elliott

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Geoff Riley's curator insight, August 17, 2014 3:43 AM

This is a really excellent piece from Larry Elliott at the Guardian on some of the factors that the Bank of England will take into account when deciding the moment to move policy interest rates up from their historic low of 0.5%. To think, there are students who might make it through their entire secondary school education without experiencing a change in UK monetary policy interest rates!

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How to Speak Money by John Lanchester – review

How to Speak Money by John Lanchester – review | Macroeconomic Objectives | Scoop.it
Do you only sorta-kinda know about economics? Are you unsure about the difference between budget deficit and the national debt? You should read this entertaining lexicon. By Larry Elliott

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Geoff Riley's curator insight, September 5, 2014 2:03 AM

John Lanchester is a superbly accessible author on financial economics and his latest book How to Speak Money looks well placed for use by economics departments. 

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Home ownership becoming exclusive members' club, says housing group

Home ownership becoming exclusive members' club, says housing group | Macroeconomic Objectives | Scoop.it
National Housing Federation says typical first-time buyer needs a deposit almost 10 times that required in early 1980s

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Geoff Riley's curator insight, September 15, 2014 3:36 AM

Broken Market, Broken Dreams

Have a look at their report here: http://www.housing.org.uk/media/home-truths/



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Publishers condemn introduction of 50% tariff, import duty on books

Publishers condemn introduction  of 50% tariff, import duty on books | Macroeconomic Objectives | Scoop.it
Guardian News Website for Breaking News and In depth News Analysis of Issues From Nigeria and Africa

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Geoff Riley's curator insight, September 12, 2014 3:13 AM

Why would a country impose a 50% tariff on imported books? is this a tax on learning? What lies beneath the decision?

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For Poor Countries, China Is No Model

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

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Geoff Riley's curator insight, September 22, 2014 12:03 PM

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?

Bruce Fellowes's curator insight, September 23, 2014 2:06 AM

A2 Economics

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UK jobless rate falls to 2008 low

UK jobless rate falls to 2008 low | Macroeconomic Objectives | Scoop.it
The UK rate fell to 6.2% in the three months to the end of July, while the number claiming Jobseeker's Allowance has dipped below one million.
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An Inclusive Emerging Economy, With Africa in the Lead

An Inclusive Emerging Economy, With Africa in the Lead | Macroeconomic Objectives | Scoop.it
About 10 million people in more than 60 countries now use village based savings groups, many in remote rural areas without any other financial services.

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UK unemployment falls below 2m

UK unemployment falls below 2m | Macroeconomic Objectives | Scoop.it

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Geoff Riley's curator insight, October 15, 2014 6:57 AM

An important landmark in the economic recovery - the rate of unemployment is now down to 6% of the labour force, just a fraction of the rate it was at as the recession started in 2008. How much lower can it fall with inflationary pressures subdued? Much of the reduction in the jobless total has come from a decline in youth unemployment.

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Beware a Chinese slowdown

Beware a Chinese slowdown | Macroeconomic Objectives | Scoop.it
Kenneth Rogoff: China’s growth rate remains perched at a very high level, so there is a great deal of room to fall

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What jobs will robots take over?

What jobs will robots take over? | Macroeconomic Objectives | Scoop.it

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Geoff Riley's curator insight, August 15, 2014 2:57 PM

This is an excellent background video clip to use when teaching / studying capital-labour substitution and the likely changes in the pattern of demand for labour / employment in the UK jobs market

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The three types of unemployment

The three types of unemployment | Macroeconomic Objectives | Scoop.it
DURING the recent downturn, the unemployment rate in America jumped from 4.4% to 10%. Economic growth has since pepped up. But unemployment is nowhere near...

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Labour 'to raise minimum wage to £8'

Labour 'to raise minimum wage to £8' | Macroeconomic Objectives | Scoop.it

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Geoff Riley's curator insight, September 21, 2014 3:49 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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Concrete benefits

Concrete benefits | Macroeconomic Objectives | Scoop.it
THOSE trying to fly to or from Chicago in the past week learned first-hand the shortcomings of America’s public infrastructure. A suicidal employee set fire to a...

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China to cut cotton import quotas to boost demand for domestic fibre

China to cut cotton import quotas to boost demand for domestic fibre | Macroeconomic Objectives | Scoop.it
By Dominique Patton BEIJING, Sept 22 (Reuters) - China, the world's top consumer of cotton, will slash its import quotas for 2015 to boost demand for domesti...

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Geoff Riley's curator insight, September 22, 2014 11:12 AM

Use supply and demand analysis to consider the impact of this quota cut on the Chinese market and exporters from outside China. Look a little deeper to see other ways in which the domestic industry is being supported.

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Economy tracker: Unemployment

Economy tracker: Unemployment | Macroeconomic Objectives | Scoop.it
The UK unemployment rate fell to 6.2% in the three months to the end of July, while the number claiming Jobseeker's Allowance has dipped below one million.
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