Archives
- January 2014
- November 2013
- October 2013
- April 2013
- February 2013
- January 2013
- November 2012
- October 2012
- September 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
Categories
- Africa
- Age discrimination
- Agriculture
- aid
- Asia
- Australia
- Balance of Payments
- Balance of Trade
- Bank of England
- Banking
- China
- Company Insolvencies
- Competition Commission
- Consumer Expenditure
- Consumer Price Index
- Corporate losses
- crowding out
- Deflation
- Demographics
- Development
- Earnings
- economic growth
- Elasticity
- Employment
- Energy
- Energy supply and security
- Environment
- European Union
- eurozone
- Exchange Rates
- Externalities
- Ezine
- Family spending
- Fiscal stimulus
- Food price inflation
- Foreign Direct Investment
- G20
- GDP
- GDP per head
- Gender equality
- Gender pay gap
- Global Warming
- government borrowing
- government spending
- Greenhouse Gases
- Gross National Income
- Household income
- Household wealth
- Housing
- Human Development Index
- Immigration
- industrial production
- Inequality
- Inflation
- Infrastructure
- Interest rates
- International
- International Labour Organisation
- International Monetary Fund
- International Trade
- Internet
- Investment
- Ireland
- Japan
- Keynesian
- labour markets
- Least Developed Coutries
- Lending
- Low-income countries
- macroeconomic policy
- Manufacturing
- market failure
- mergers and takeovers
- Microeconomics
- migration
- Minimum pricing
- Minimum Wage
- Monetary Policy Committee
- Monetary Union
- Money Supply
- Multiplier Effect
- nationalisation
- News
- Obesity
- OECD
- Office for Budget Responsibility
- Office of Fair Trading
- Oil
- OPEC
- Population
- Pricing
- production
- productivity
- Protectionism
- Public Finances
- Quantitative Easing
- Quotas
- recession
- Renewable energy
- Retailing
- savings
- Service Sector
- Site Information
- Small Business
- sterling
- Strikes
- swine flu
- Tariffs
- taxation
- Transport
- Travel and Tourism
- UK economy
- UK industry
- Uncategorized
- UNCTAD
- unemployment
- US economy
- Workless households
- World Bank
- World Trade
- World Trade Organisation
Tags
average earnings Balance of Trade Bank of England China CPI Deflation developing countries Earnings economic growth Employment EU eurozone exports GDP gdp growth government borrowing government spending growth house prices imports Inflation Interest rates International Trade Investment Manufacturing MPC OECD private sector production Public Finances public sector public sector net borrowing quantitative easing recession RPI RPIX services sterling taxation unemployment unemployment rate US VAT World Trade youth unemployment
Category Archives: US economy
No recovery in sight for Labour markets
This is the view of the global employment situation according to the International Labour Organisation (ILO), in its World of Work Report 2012: Better Jobs for a Better Economy”. The report says that there are still 50 million less jobs available than were there before the global crisis, and warned that an even more problematic job phase was emerging. The … Continue reading
Comments Off on No recovery in sight for Labour markets
China’s April trade surplus will cause problems with the US
China recorded a trade surplus of $11.4bn or £7bn in April. This was from a surplus of only $140m in March but was about four times greater than analysts had been expecting. Why does this pose a problem for the US? It is because many Americans believe that the Chinese currency, the yuan, is undervalued. An undervalued currency means that … Continue reading
Comments Off on China’s April trade surplus will cause problems with the US
QE too?
Yesterday, the US Federal Reserve announced that it was introducing its second round of quantitative easing, by pumping $600bn (£373bn) into its economy by the end of June 2011. Will the Monetary Policy Committee of the Bank of England follow suit? The answer for the meantime is ‘no’. Today they decided to keep interest rates on hold at 0.5% for … Continue reading
Tags: Bank of England, economic growth, Federal Reserve Bank, Interest rates, Investment, Monetary Policyt Committee, quantitative easing, unemployment
Posted in Bank of England, Consumer Price Index, Deflation, Inflation, macroeconomic policy, Monetary Policy Committee, Money Supply, US economy
Comments Off on QE too?
China raises interest rates, MPC divided.
China has announced its first rise in interest rates for three years. According to the People’s Bank of China, its one-year lending rate goes up from 5.31% to 5.6% and its one-year deposit rate also rises from 2.25% to 2.5%. Why has China done this? In recent years double-digit rates of economic growth have become familiar in the country. In … Continue reading
Comments Off on China raises interest rates, MPC divided.
The truth about global exports
When we try to explain Ricardo’s theory of comparative advantage we invariably use a two country, two product example. Two hundred years ago, when Ricardo first put forward his theory of international specialisation and trade, it was really that simple. We produced something wholly within our country and sold it to their country. They produced something different, completely within their … Continue reading
Posted in Balance of Trade, China, Exchange Rates, International Trade, US economy, World Trade, World Trade Organisation
Comments Off on The truth about global exports
International Monetary Fund powerless to act
The word ‘war’ has been on the lips of international negotiators in recent months. This is nothing to do with Afghanistan or Iraq, but is just as significant. This is about the possibility of a global currency war. There are imbalances in the global economy which were at the heart of the recent collapse of the world economy. What are … Continue reading
Posted in China, Exchange Rates, International Monetary Fund, International Trade, Protectionism, US economy, World Trade
Comments Off on International Monetary Fund powerless to act
Government spending and crowding out
The Congressional Budget Office (CBO) in the US has just revised a forecast it made for the effect of the government deficit and debt on the crowding out of investment. They were taken to task for figures which seemed to overstate the relationship, which had given ammunition to some commentators who are in favour of severe cutbacks in government expenditure. … Continue reading
Comments Off on Government spending and crowding out
Record US budget deficit in February
So you think we have problems in the UK? In February the US recorded a budget deficit of $220.9bn which is just under £150bn. This figure was up 14% on the same month a year ago and the biggest monthly deficit ever recorded in the US. The country has now been running a deficit for seventeen consecutive months which is … Continue reading
Comments Off on Record US budget deficit in February
US economy bounces back
Figures published at lunchtime today show that the US economy grew during the third quarter from July to September at an annual rate of 3.5%. This follows four consecutive quarters of decline from the third quarter of 2008 of -2.7%, -5.4%, -6.4% and -0.7%. It should be noted that the US states its GDP figures in a different way … Continue reading
Comments Off on US economy bounces back
UK lagging in terms of economic recovery
The good news according to the Organisation for Economic Co-operation and Development (OECD) is that the global economy is now expected to recover earlier than previously forecast. The bad news is that the UK is not going to be part of it. In fact the OECD now believes that the UK economy will shrink by 4.7% in 2009, which … Continue reading
Comments Off on UK lagging in terms of economic recovery
