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Many countries rely on inflows of foreign direct investment (FDI) as a key source of aggregate demand and also as a driver of real economic growth. In 2017, total foreign direct...

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Foreign Direct Investment in the Global Economy

Some summary notes and reflections on some of the key themes and points made in the 2019 African Economic Outlook - linking to a number of growth, trade and development topics...

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African Economic Outlook 2019

In 2018, the average rate of consumer price inflation in the world economy was 3.8% (according to the IMF’s World Economic Outlook). In South Africa, inflation was 5.3%, Argentina 31%, Turkey 16% and Ethiopia 9%....

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Policies to Control Inflation

Some core introductory revision notes on the economics of market activity.

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How Markets Work - Introductory Market Concepts

Here are some core revision notes covering an introduction to the operation of markets and the working of the price mechanism.

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How Markets Work - Introductory Demand Concepts

Some core revision notes on the basic economics of supply and elasticity of supply in markets.

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How Markets Work - Introductory Supply Concepts

There is mounting evidence that economic growth in China is slowing down. Indeed the IMF cited this development as one of the major external risks for the global economy in 2019....

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How might a Chinese economic slowdown affect the UK economy?

The countries listed below were experiencing the highest rates of inflation in the world in 2017 according to data from the IMF. Top of the pile was Venezuela which is suffering...

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Why is high inflation a problem?

There are different types of support available to producers such as farmers in both developed and developing countries. Often times, the intervention has political and social aims as welfare as...

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Producer support in markets

Here are some examples of evaluation approaches that might be used in this question. “Evaluate the likely impact of an increase in the UK national minimum wage.” In the exam...

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Minimum Wage - Evaluation Phrases in Action

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