International Economics: IB Economics
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International Economics: IB Economics
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
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‘It's radical’: the Ugandan city built on solar, shea butter and people power | Global development | The Guardian

‘It's radical’: the Ugandan city built on solar, shea butter and people power | Global development | The Guardian | International Economics: IB Economics | Scoop.it
Ojok Okello is transforming his destroyed village into a green town where social enterprises responsibly harness the shea tree
Graham Watson's insight:

A really heart-warming story about how the actions of individuals can make a difference to development. The investment of a Ugandan development expert into his own community has allowed it to harness solar power, given it access to clean water and encouraged it to make the most of the shea trees in the vicinity to enhance its developmental prospects, in a sustainable fashion. 

 

Not only is the population of Okere City growing, but outcomes for its citizens measured by access to public services, and community engagement have been significantly enhanced. 

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How to prepare for the next global recession | The Economist

A decade after the global recession, the world’s economy is vulnerable again. Ryan Avent, our economics columnist, considers how the next recession might happen—and what governments can do about it

Graham Watson's insight:

The Economist speculates that whilst we're ten years away from the last recession, we shouldn't be complacent and we might be on the brink of another recession, perhaps triggered by emerging markets or Italy. 

 

However, unlike the last recession, it's suggested that we might be less able to combat any slowdown, in part because of the political circumstances that make co-operation harder, but also because of low global interests rates that give us less room to manoeuvre.

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