International Economic Systems
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International Economic Systems
A look at the world's varying economies
Curated by Naomi Craig
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World Bank Economist Blames America For Its Wealth

World Bank Economist Blames America For Its Wealth | International Economic Systems | Scoop.it

Many times the United States is "shamed" for having such a high concentration of the world's wealth, especially by developing nations and governing bodies (the U.N.). But, why should we be ashamed of what our free-market system has allowed us to earn and create? Instead of chiding us, shouldn't poorer nations want to emulate us? 

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U.S. stops food aid to North Korea after missile launch

U.S. stops food aid to North Korea after missile launch | International Economic Systems | Scoop.it

North Korea is defying U.S. and U.N. resolutions regarding their arms testing. As a result, food aid is being revoked from around the world. While their people starve, the government "flexes" its muscles and prepares to move ahead with nuclear aspirations.

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Q&A: Greece's financial crisis explained - CNN.com

Q&A: Greece's financial crisis explained - CNN.com | International Economic Systems | Scoop.it

Greece has long offered "cradle-to-grave"  entitlements to it's citizens; all the while spending more money than they were taking in. The lack of fiscal control is now catching up with them, and the country is literally being torn apart by the austerity measures being forced upon it as terms of an EU bailout

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