Broadband and economic development
Access to and the speed and reliability of broadband infrastructure is one of the key institutional factors that impact on economic development. The lack of an affordable and cost-effective broadband network can be a huge barrier to economic growth especially in an age where companies in many rich countries are looking to outsource their back office and call centre services to countries where operating costs are lowest. The 2009 UNCTAD Information Economy Report provides a wealth of background information on the global digital divide.
According to the latest report, businesses and consumers are 200 times more likely to have access to broadband in developed countries than in the poorest Least Developed Countries (LDCs). And the monthly cost of broadband access varies to an incredible degree - from over $1,300 a month in Burkina Faso, the Central African Republic to less than $13 in Egypt.
read more...»Finding affordable food
This short BBC article reports on a new study from the World Cancer Research Fund which claims that it is possible to eat a healthy diet even when family budgets are stretched close to breaking point.
“Increases in food prices, and pressures on the family budget because of continuing economic problems, may prompt people to buy less fruit and vegetables because they think they are too expensive and are worried about wastage.”
Canny consumers can save money by buying fruits and vegetables in season, making good use of price offers and searching for cheaper frozen vegetables and canned fruit.
The article links to some important AS micro issues:
read more...»
Most Popular Topic Tags on the Economics Blog
recession, demand, unemployment, economics, prices, price, inflation, investment, costs, profit, trade, employment, debt, supply, downturn, euro, gdp, confidence, competition, risk, china, capacity, production, exports, incentives, oil, expectations, manufacturing, sterling, housing, pay, food, profits, banks, tutor2u, globalisation, mortgage, property, revision, retailers, slowdown, borrowing, usa, innovation, emissions, dollar, deflation, airlines, supermarkets, entrepreneur, monopsony, efficiency, productivity, google, elasticity, moodle, wealth, aqa, keynes, welfare, consumption, externalities, protectionism, saving, opec, economist, inequality, strategy, depression, competitiveness, economic cycle, tim harford, stocks, depreciation, jobs, monopoly, infrastructure, carbon, credit crunch, poverty, cars, eu, bank of england, vle, environmental, carbon trading, spare capacity, budget deficit, environment, subsidy, wages, market failure, regulation, management, evaluation, output gap, losses, behavioural, government failure, steel, climate change, construction, macroeconomics, imports, oligopoly, japan, bbc, skills, cpi, commodities, farming, newsnight, paul mason, fiscal stimulus, intervention, single market, currencies, population, stagflation, contestable, itunes, lse, agflation, minimum wage, interest rates, choices, aviation, multiplier effect, amazon, taxes, germany, uk economy, monetary policy, cartel, survey, nationalisation, india, quantitative easing, brazil, rpi, pricing, dan ariely, opportunity cost, apple, pollution, oecd, rationality, keynes society, rsa, relative poverty, shipping, iphone, capital, merger, currency, imf, balance of payments, yuan, tragedy of the commons, price discrimination, current account, economies of scale, redundancies, london, facebook, savings, stakeholders, shareholder, behavioural economics, mpc, supply chain, liquidity, takeover, barriers to entry, reputation, income elasticity, poverty trap, microsoft, hamish mcrae, human capital, subsidies, discrimination, roger bootle, federal reserve, duopoly, robert peston, immigration, suppliers, us economy, quiz, gini coefficient, collapse, pensions, coffee, obama, development, national debt, consumer surplus, crowding out, etonomics, eurozone, crude oil, scarcity, labour market, ecb, petrol, taxation, tesco, free, brand, budget, paradox of thrift, smoking, transport, cost of living, labour mobility, speculation, global, starbucks, recovery, allocative efficiency, iceland, behaviour, david smith, surplus, waste, shareholders, ireland, information failure, happiness, growth, open source, vat, creative destruction, cost benefit analysis, trade deficit, tariffs, northern rock, edinburgh, ownership, scrappage, robert frank, ocr economics, aggregate demand, freight, diane coyle, royal economic society, eton college, kaletsky, exploitation, utility, fishing, labour force survey, government borrowing, edexcel economics, sony, leverage, marginal cost, information, tax, discounting, peter day, animal spirits, liquidity trap, contestable market, anchoring, zimbabwe, needs, european union, savings ratio, wiki, internet, public sector, public goods, evan davis, price war, heathrow, hotels, energy, standard of living, contestability, wants, hbos, stephanie flanders, twitter, blog, migrants, poland, consumer welfare, aqa economics, spain, devaluation, pubs, milk, foreign exchange, comparative advantage, eu enlargement, movies, advertising, indirect tax, forecast, external shocks, enlargement, mervyn king, bond, income elasticity of demand, property rights, blogging, ebea, accelerator, edmund conway, deforestation, house prices, copper, hot money, ucas, jim o'neill, trend growth, bonds, elasticity of supply, paul krugman, libor, income, carbon tax, diesel, income tax, accelerator effect, jobless, youth unemployment, law of unintended consequences, guardian, nissan, deficit, john kay, google wave, fixed costs, sub-prime, global economy, exchange rates, economic efficiency, biofuel, vacancies, research, companies, profit margin, renewable, price capping, joint venture, price mechanism, training, startups, natural monopoly, world bank, martin wolf, competition commission, gilts, geoff riley, immobility, coal, fairness, producer surplus, will king, sentiment, greece, redundancy, social costs, corus, base rate, walmart, ageing population, disposable income, equity, collusion, tickets, oil prices, fair trade, dynamic efficiency, obesity, social entrepreneur, binge drinking, philip allan, russia, real income, res, low pay, price fixing, king of shaves, vehicles, broadband, cash, tata, supply-side, tariff, hysteresis, compound interest, contestable markets, positional goods, government spending, eastern europe, internet explorer, income distribution, economax, repossession, general motors, sustainability, age structure, frictional, satisficing, students, green shoots, ftse, yahoo, logic of life, pay floor, disincentives, negative externalities, oft, aldi, resources, gillette, liberalisation, blackberry, migration, economics revision, financial times, fiscal drag, healthcare, asda, wheat, market structure, cadbury, credit, ryanair, market power, winners curse, apprenticeships, demography, cyclical, british airways, deindustrialisation, hidden unemployment, sovereign debt, credit cards, declan curry, nokia, renewable energy, optimal currency area, markets, anti-trust, public good, bric economies, decoupling, rory cellan-jones, diseconomies of scale, pension, the economist, barclays, economic welfare, tax burden, undercover economist, child poverty, retailing, landfill, schumpeter, gold, veblen goods, enterprise, brics, redistribution, floating exchange rate, vertical integration, structural, unintended consequences, job losses, nairu, costa, monetary policy committee, nhs, reserve currency, single currency, football, drugs, nelson thornes, scotland, deleveraging, green revolution, hyperinflation, automatic stabilisers, collaboration, real gdp, monopoly power, podcast, o2, pay cuts, labour supply, ocr as economics, global business, congestion,All tags
ECONOMICS TEACHER RESOURCE NEWSLETTER
Join over 4,000 other Economics Teachers in the UK and around the world who receive the tutor2u Economics Resource Email newsletter. Get special offers, first news of latest resources, teaching ideas, conferences and workshops.
Recent Threads on the Economics Teacher Discussion Forums:
Posts in: General Economics Teaching
Need help. - Economic Growth
Economies of scale presentation A2
Economic development
International Competitiveness
Keynesian Aggregate Supply
Demand Supply (% VAT Imposed) How to...?
Policy conflict and the Euro
Registering for the tutor2u VLU
Video Case-study - lunchtime prices slashed
Long Exam Example to Use for Revision Please?







