Economic Issues
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Economic Issues
Economic issues relevant for HSC & Preliminary Economics students
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After 18 years of negotiations, Russia joins the World Trade Organisation

“ STORYLINE After 18 years of negotiation, Russia on Wednesday entered the World Trade Organisation (WTO), which restricts import duties and subsidies in an ...”
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$A tumbles on RBA cash rate cut

$A tumbles on RBA cash rate cut | Economic Issues | Scoop.it
The Australian dollar tumbled by more than one cent on the Reserve Bank's historic decision to cut the cash rate to a new low.
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Coles v ACCC: finding the balance between fair trading and competition

Coles v ACCC: finding the balance between fair trading and competition | Economic Issues | Scoop.it
In the space of just six months, the Australian Competition and Consumer Commission has launched two major cases against supermarket giant Coles for alleged unconscionable conduct against its suppliers…...
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Hang on, youths already earn and learn

Hang on, youths already earn and learn | Economic Issues | Scoop.it
The problem with earning and learning and working for the dole is that overwhelmingly most youths already work or learn. But hey, the Government won't let the facts get in the way of the spin.
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Australia's richest 1% own as much as bottom 60%, says Oxfam

Australia's richest 1% own as much as bottom 60%, says Oxfam | Economic Issues | Scoop.it
Income inequality has risen since mid-1990s and nine richest people now have greater net worth than poorest 4.54 million
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Economist's View: 'Taking Away Unemployment Benefits Doesn’t Make People Get Jobs'

Economist's View: 'Taking Away Unemployment Benefits Doesn’t Make People Get Jobs' | Economic Issues | Scoop.it
ThinkProgress: No, Taking Away Unemployment Benefits Doesn’t Make People Get Jobs, by Bryce Covert: When 1.3 million long-term unemployed people lost benefits because Congress let the program lapse, some claimed that taking away the checks would encourage people to go...
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Pope blames tyranny of capitalism for making people miserable

Pope blames tyranny of capitalism for making people miserable | Economic Issues | Scoop.it
Rome: Pope Francis has attacked the ''dictatorship'' of the global financial system and warned that the ''cult of money'' is making life a misery for millions.
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Dash for cash

Dash for cash | Economic Issues | Scoop.it
IN THE race to become rich, several of Asia's economies have set records for long-run growth. Over the 30 years from 1982 to 2011 China achieved annual growth in GDP...
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RBA: RDP2013-03 Implications for the Australian Economy of Strong Growth in Asia

RBA: RDP2013-03 Implications for the Australian Economy of Strong Growth in Asia | Economic Issues | Scoop.it
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Problems of Economic Growth: Inside China's most polluted city

As Beijing residents are told to limit time outside because of pollution, some of the 10 million residents in Shinjiazhuang, China's most polluted city, who ...
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Fotheringham's curator insight, March 26, 2013 7:45 AM

Yikes, and our colleagues are up around Shinjiazhuang... yikes.

 

GENA4 2014's curator insight, May 20, 2013 4:38 AM

AQA - context of CHina's economic growth on the UK economy - think about our ethical awareness, social cost in China etc

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12 Reasons Why Globalization is a Huge Problem | The Energy Collective

12 Reasons Why Globalization is a Huge Problem | The Energy Collective | Economic Issues | Scoop.it
Globalization seems to be looked on as an unmitigated “good” by economists, but they seem to be guided by their badly flawed models; they miss real-world problems.
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BRICs Are Hitting the Wall

BRICs Are Hitting the Wall | Economic Issues | Scoop.it
The warnings of the 2013 Index of Economic Freedom about stagnating economic freedom in the BRICs (and elsewhere) are very clear—and disturbing.
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The World’s Happiest and Unhappiest Countries | Visually Content

The World’s Happiest and Unhappiest Countries | Visually Content | Economic Issues | Scoop.it
“ RT @VisuallyContent: The World's #Happiest and Unhappiest Countries - http://t.co/ELEnlhYWry via @MeetTheBossTV #economics #travel http://t…”
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Three important messages in the Reserve Bank's rate cut

Three important messages in the Reserve Bank's rate cut | Economic Issues | Scoop.it
The bank is cutting despite assuring the markets last year that it would signal a change more gradually, and will not have done so lightly.
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How Laissez-Faire Economics Led to Inequality and Recession

How Laissez-Faire Economics Led to Inequality and Recession | Economic Issues | Scoop.it
The reaction of the economic mainstream to the inflationary turmoil of the 1970s was to retreat to an ideological interpretation of their fundamental ideas -- a doctrinaire reinforcement of laissez-faire economics....
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Families lose up to $3500 a year in end of mine, carbon taxes

Families lose up to $3500 a year in end of mine, carbon taxes | Economic Issues | Scoop.it
Projected annual savings in electricity costs of $550 per household from scrapping the carbon tax may be dwarfed by the withdrawal of up to $3500 per household in other government payments linked to it and the mining tax, according to new research.
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Non-mining economy on the move again

Non-mining economy on the move again | Economic Issues | Scoop.it
And the smarties told you the resources boom was finito. Now it's being given most of the credit for this week's news that the economy grew by a rip-roaring 1.1 per cent in the March quarter and by an above-trend 3.5 per cent over the year to March.
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The gated globe

The gated globe | Economic Issues | Scoop.it
In part two, our correspondents ask why world leaders have shifted their focus from the multilateral World Trade Organisation to regional and bilateral pacts

Via Westminster Business School
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Dollar dilemma: below parity and going south

Dollar dilemma: below parity and going south | Economic Issues | Scoop.it
After spending most of the past two years more valuable than the greenback, the Australian dollar has finally been driven well below parity with its American counterpart.
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Delayed return to surplus no worry - what causes it is

Delayed return to surplus no worry - what causes it is | Economic Issues | Scoop.it
Most of those who take a political approach to the budget assume that if it's in deficit, the way you get it back to surplus is to cut government spending.
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Is the cat out of the bag on euro debt solutions? - The Drum - ABC News (Australian Broadcasting Corporation)

Is the cat out of the bag on euro debt solutions? - The Drum - ABC News (Australian Broadcasting Corporation) | Economic Issues | Scoop.it
The European experiment of austerity without devaluation has come unstuck, and there is little confidence that the continent can defy the laws of financial gravity for long.
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Power Shift Under Way As Middle Class Expands In Developing World : NPR

Power Shift Under Way As Middle Class Expands In Developing World : NPR | Economic Issues | Scoop.it
The economic expansion of the so-called "Global South" is being driven by new trade and technology partnerships, according to a United Nations report.
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Cash rate is king and Reserve still holds all the aces

Cash rate is king and Reserve still holds all the aces | Economic Issues | Scoop.it
When the banks began moving their mortgage and other lending rates at variance with the Reserve Bank's changes in its official interest rate, many people took this as a sign the Reserve had lost its ability to control market interest rates, making...
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Analysis: China central bank takes lead in economic reform push

Analysis: China central bank takes lead in economic reform push | Economic Issues | Scoop.it
BEIJING (Reuters) - China's readiness to bend retirement rules to keep arch-reformer Zhou Xiaochuan at the helm of the central bank signals clearly that new Communist Party chiefs want to speed economic...
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