Here are some links to resources covering the accession of Croatia to the European Union as the country becomes the 28th member nation of the EU Single Market. This BBC news article tracks Croatia's progress from isolation to full membership of the EU.read more...»
An updated version of my EU economy study companion is being researched and written at the moment - but in case this might be useful as a revision resource, here is a stream version of the January 2012 document.read more...»
The annual NORFACE migration conference at University College London this week has generated plenty of new research papers on the economics of international migration, a topic that of growing significance for students of globalisation, competitiveness, innovation and growth. Some of the key findings are summarised below together with external links to relevant articles and news reportsread more...»
Here are some links to relevant articles and research sources for June 2013 OCR F585 pre-release case study. Our own toolkit is now available - click here for detailsread more...»
Geoff and the team are hard at work preparing their comprehensive support pack for teachers and students preparing for OCR A2 Unit F585 on the Global Economy.
We're hoping to have the F585 Toolkit ready to despatch by Wednesday 27 March and we'll email it out to colleagues who request it over Easter if they have already broken up for the holiday.
The OCR F585 Toolkit can be ordered directly online here or by downloading and completing this printable order form.
The Toolkit provides unrivalled analysis and evaluation of each of the 5 F585 research extracts: namely
Extract 1: The birth and growth of the eurozone
Extract 2: New EU member states and the euro
Extract 3: Estonia’s economic growth and development
Extract 5: Estonia’s progress towards sustainable development
There has been plenty of discussion in recent weeks about whether Britain might seriously start to consider leaving the European Union? Here is a selection of news pieces and discussion videos on the vexed question of UK membership.read more...»
Here are some links to video resources on prospects for further enlargement of the European Union single market.read more...»
Each of the AQA a2 economics papers contains data response questions where understanding and awareness of the context of the economics of the European Union comes into play. We have a EU Economy in Focus study companion which is published in updated form each year. Details are available here. One area for revision focuses on the analysis diagrams that might be used to support your answers to EU context questions, I have put together a listing of topic areas where a diagrammatic approach might pay dividends - it is not exhaustive of course, merely some suggestions that might be useful. It appears below:read more...»
There is much focus on Chinese foreign direct investment in Africa and Latin America - China is also making huge investments in Australia as my friend Mark Johnston writes about in this blog. Here Euro News looks at investment in the European Union by Chinese owned businesses. New motorways in Poland ahead of the 2012 European Football Championships, co-financed by the EU, are being built by Chinese companies. The Chinese are also buying up public debt, in Greece, Spain and Portugal.
Many of Europe’s newer member states have outperformed established EU countries since they joined the single market in 2004 and 2007. And as a result there has been a process of convergence in average living standards and improved employment opportunities. Europe’s new nations have injected extra dynamism into the region despite inevitable teething problems along the way.
For students revising aspects of EU enlargement here is a streamed version of a presentation I gave to a Tutor2u event in London a few weeks ago
A streamed version of the presentation is available here
Related news issues
Germany expects influx of Polish workers (BBC news, April 2011)
My own students know that I am strongly in favour of open migration and oppose the government’s attempts to impose artificial caps on economic migrants from outside of the EU. A hat tip to Philippe Legrain for spotting this article from today’s Guardian which is heavily tilted towards the longer-term economic and social benefits of migrants for the UK economy. So David Cameron wants to talk about immigration? Bring it on As a partial counter-balance perhaps I should link you towards a piece in the Daily Mail by Andrew Green: Why is the BBC STILL so hideously biased on immigration? I have also linked below to some of our recent blogs on the migration issue. And here is a link to a presentation on the enlargement of the EU that I gave in London back in February 2011.
Poland is the largest of the central and eastern european countries (CEECs) to have entered the European Union Single Market in the recent enlargement process. And her macroeconomic record during and after the global financial crisis stands comparison as one of the best of the twenty seven EU member nations. Recession has been avoided and the economy is set to continue a long run of economic growth that is (slowly) bringing about a rise in relative living standards and a sustained fall in unemployment. The Guardian newspaper has been running a series on New Europe and this set of articles focuses on some of the challenges and opportunities facing Poland as Europe seeks to drag itself into a durable recovery phase.
Guardian - New Europe - Focus on Poland
I will keep this blog updated with a selection of video clips relevant to the study of the EU - please check below for some links and embedded videosread more...»
The Guardian has a new series of reports, picture galleries and other resources on New Europe - much here of interest and value for students and teachers who want to broaden their understanding of what is happening within the European Union. Here is the link And you can follow their updates on Twitter.
I am teaching European and Global context for A2 macro this term and one of the key topics is the economics of EU enlargement. The opportunities to attract inflows of direct investment is one of the major attractions for new EU countries as they enter the single market. Here is a selection of videos promoting FDI into a selection of European nations.read more...»
I have put together a listing of suggested reading / articles on different aspects of the economics of the EU. This is available for download below as a pdf file.read more...»
Here is an updated twenty five slide streamed presentation on macroeconomic developments in the 27 countries of the EU with a particular focus on the Euro Area and UK/EU comparisons.read more...»
The New Year sees the seventeenth country join the Euro with the arrival of Estonia into the single currency bloc. Read Estonians prepare to join the euro and ditch the kroon The Baltic State with just 1.3 million inhabitants experienced and then suffered an unsustainable inflationary boom in the years immediately after entering the EU in 2004 and that boom came to a spectacular end in 2008.
1) Explain the circumstances in which an economy may see a rise in net inward migration of labour (15 marks)
2) Evaluate the view that free movement of labour within the European Union improves the efficiency of British businesses (25 marks)
A selection of key terms and acronyms that students may find useful when studying the economics of the EUread more...»
Videos produced by governments seeking foreign direct investment can be a useful teaching aid when studying the drivers of FDI.read more...»
Here is a free revision download for teachers and students who wish to update their understanding of key topics and issues in the European Union…read more...»
Croatian fans will be crying into their beers tonight with the news that they have failed to qualify for South Africa 2010. But their politicians seem to be making decent progress along the road to joining the European family of nations. The latest report on the progress made by countries seeking membership of the European Union suggests that Iceland and Croatia will be next in line to enter the EU single market. There is a report here from the Financial Times. And this article from the BBC reports the EU Enlargement Commissioner as saying that Croatia should complete entry talks next year.
Here are some links to previous blogs on EU enlargement
The BBC has commissioned a special report on the impact that the global recession has had on flows of migrants workers in the world economy. Deteriorating employment prospects in many of the advanced rich economies has stemmed the inflow of migrants - Spain and the UK are two good examples here. But the ripple effects of the credit crunch have hit virtually every economy. Although much migration appears to be cyclical (and in many cases, seasonal in nature) many migrants have decided to stay put in their new country of residence in the hope of weathering the economic storm or because their chances of finding viable work in their home country have diminished too. One thing is sure, the scale of migrant remittances has fallen sharply and is likely to do so again in 2010 - remittances form a high percentage of GNP for many of the world’s poorest nations. This BBC report contains some very useful graphics that might be used to aid classroom discussion.
Migrants from EU Accession Countries
Average age 26.5
*1/3rd have been in higher education
*90% employment rate whilst in the UK
*Hourly wage of £6.80 compared to UK average of £11.90
*12% claimed benefits or tax credits
*6.5% lived in social housing
Source: Centre for Research and Analysis of Migration at UCL
Rocked by a financial crisis which led to the collapse of its currency and banking system, Iceland’s parliament has voted narrowly in favour of seeking accession into the European Union. This process is likely to take around 18 months, the EU is keen to fast-track Iceland into the single market. One of the main stumbling blocks will be negotiations over fishing quota and catch rules for the EU fishing industry within Iceland’s territorial waters. Fish and seafood accounted for 37% of Iceland’s exports in 2008. Will Icelandic accession be a great catch for the European Union?
Guardian: Will Iceland make it into the EU?
Revision notes on some of the economic challenges facing new member states of the EUread more...»
Revision notes on aspects of EU enlargementread more...»
BBC reporter Jonny Dymond is travelling through the European Union in advance of the elections next month gathering opinions and comment from people in different member states. Monday’s report from Poland makes interesting reading as it gives a positive view of the single market from the point of view of one of the newer member states, which could provide some useful points for evaluation in the AQA ECN4 paper.read more...»
Here is a free revision update guide for students preparing for A2 Economics exams this summer….read more...»