economics

From the Archives

Brazil's Energy Windfall

Topics: Energy and Oil
Countries: Brazil
Previously filed under: South America, Global Economy
Brazil recently discovered billions of barrels of oil off its shores - and immediately started reorganizing its trade policy on the world market.

The Implication of Economic Indoctrination

Topics: Education
Countries: France, Germany

Children learn based on their teachers-- and often national policy regarding education. This month's issue of Foreign Policy explores how the way Germany and France teach economics may spell a dismal economic future.

Millions of children are being raised on prejudice and disinformation. Educated in schools that teach a skewed ideology, they are exposed to a dogma that runs counter to core beliefs shared by many other Western countries. They study from textbooks filled with a doctrine of dissent, which they learn to recite as they prepare to attend many of the better universities in the world. Extracting these children from the jaws of bias could mean the difference between world prosperity and menacing global rifts. And doing so will not be easy. But not because these children are found in the madrasas of Pakistan or the state-controlled schools of Saudi Arabia. They are not. Rather, they live in two of the world’s great democracies—France and Germany.

From the Archives

The Bottom Line for Microfinance

Topics: Microfinance
Previously filed under: Asia, Microfinance
A close look at microfinance institutions reveals an important key to success - efficiency.

From the Archives

Understanding the Falling Dollar

Previously filed under: North America, Interviews
Brad Setser of the Council on Foreign Relations talks about the U.S. dollar, foreign exchange markets, and how governments control currency.

From the Archives

Global Oil Trends

Previously filed under: Global Economy
Dwindling oil reserves and shaky relations between producers and consumers has made oil the central concern in today's global marketplace.

From the Archives

FORGE - The Wage Dilemma

Previously filed under: Africa, Field Diaries
Kjerstin Erickson, founder of FORGE, discusses the emotional task of deciding how much to pay local staff in underdeveloped, war-torn economies.

From the Archives

More than Micro

Previously filed under: Opinions and Editorials
Ritu Sharma of the Women's Edge Coalition argues for the economic empowerment of women worldwide.

From the Archives

Why "Fair Trade" Could Backfire for the United States

Previously filed under: North America, Trade
Many economists believe that the current approach to manufacturing employment in the United States will do little if anything to solve the current crisis.

From the Archives

Has Neo-Liberalism Failed Mexico?

Countries: Mexico
Previously filed under: North America, General Globalization
An advocate of free markets analyzes the effects of North American Free Trade Agreement (NAFTA) and questions why neo-liberal policies have failed Mexico.

From the Archives

Questioning Milton Friedman's Free Market and Freedom

Previously filed under: Global Economy
Milton Friedman's experience in Chile illustrates that political freedoms may not flow naturally from economic freedoms.

From the Archives

Global Warming Insurance is a Bad Buy

Previously filed under: Environment
A new report by the British Treasury argues that we must invest now in order to avoid a near-future crippling of the global economy.

From the Archives

The Future Perfect

Previously filed under: Book and Film Reviews
John Micklethwait and Adrian Wooldridge, correspondents for The Economist, offer a vigorous defense of globalization in their new book.

From the Archives

Fairtrade Cotton, Will it Make a Difference?

Previously filed under: Asia, Trade
Fair trade prices help to alleviate the crushing poverty that affects agricultural workers in the developing world.

From the Archives

Milton Friedman, the Father of Economic Freedom

Previously filed under: Global Economy
Leading economist Milton Friedman's powerful contributions are remembered by the Heritage Foundation.

From the Archives

Middle School Lesson Plans: Economic Transformation

Previously filed under: Asia, Grades 6-8
These resources are appropriate for grade levels 6th, 7th and 8th.

Breaking News

Zimbabwe: Inflation Rockets to 231-Million Percent

All Africa - Fri, 10/10/2008 - 08:24
Zimbabwe's annual inflation raced to a record 231-million percent in July, up from 11,2-million percent the previous month, deepening a severe economic crisis, official figures showed on Thursday.

Africa: Going Bananas to Fight Poverty And Hunger

All Africa - Fri, 10/10/2008 - 07:30
Arguably one of the world's most popular fruits, bananas are poorly marketed as a value-added commercial crop in Africa. But that is about to change as a plan is being conceptualised to transform the way Africa produces and sells bananas.

Global Markets Dive in Relentless Selloff

International Herald Tribune - Fri, 10/10/2008 - 06:48
Global investors looked to leaders meeting in Washington for coordinated action to end the financial turmoil on Friday as stocks plummeted again around the world.

The Stunning Collapse of Iceland

Business Week - Fri, 10/10/2008 - 06:30
Home to just 304,000 people, tiny Iceland is emerging as the biggest casualty of the global financial crisis.

Don't Cut Aid to Africa, AU Head Pleads to World

The Epoch Times - Fri, 10/10/2008 - 11:44
The chairman of the African Union urged the world not to slow aid to the world's poorest continent. Experts say that while Africa is relatively insulated from the global credit crisis, there could well be a negative effect on investment, remittances and aid flows from abroad.

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