Blog and updates
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3 Jun 2021
Ghana's ambitions to move its chocolate industry up the global value chain
This piece from David Pilling, FT Africa Correspondent and author of 'The Growth Delusion' is a brilliant read for anyone wanting a deeper understanding of competitive advantage.
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3 Jun 2021
Risks to inequality from premature fiscal austerity
Premature austerity is self-defeating from both a macro and an equity standpoint according to new research from economists working for the IMF.
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3 Jun 2021
How China dominates Pacific mining, logging and fishing
Here is a lengthy but fascinating read about the extent to which China dominates the market for every raw material in the Pacific region, and how it has been able to acquire access to them...
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2 Jun 2021
System Failures and Public Health - Premonition by Michael Lewis
Intending public policy and Economics and Management students are recommended to read the latest book from Michael Lewis, author of the Big Short.
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2 Jun 2021
Economic scarring - global unemployment set to remain above 200 million in 2022
A new report from from the ILO sees employment picking up strongly in countries where vaccination rates are high but risks of labour scarring effects especially in nations where vaccinations are in...
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2 Jun 2021
2021 - A Year of Shortages in Global Supply Chains
This is a genuinely interesting clip looking at the fragile nature of the global supply chain, and why shortages came about in the wake of the pandemic.
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31 May 2021
Backward Vertical Integration: Amazon acquires MGM Studios
So why have Amazon taken over MGM Studios? This article looks at the motivation behind the vertical backwards integration that has taken place.
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31 May 2021
Pattern of Trade - China replaces Germany as UK’s biggest import market
Britain's pattern of trade has seen a massive change with China replacing Germany as the UK's largest import market.
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29 May 2021
EU vows to stem drastic loss of small farms
The Guardian highlights here that the number of farms in Europe has seen a significant decline amid the growth of so-called factory farms.
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28 May 2021
Energy Economics - Drax carbon-capture plan could cost British households £500 each
There's a degree of controversy surrounding the plans of a North Yorkshire power station to retrofit carbon capture technology.
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27 May 2021
Government failure - Smugglers profit from botched Lebanese subsidies
This is a brilliant example of why government intervention in the form of subsidies often fails, even if well-intentioned.
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26 May 2021
IMF pushes G20 states to back $50bn global mass vaccination drive
The IMF believes that support for a global mass vaccination programme will generate significantly more benefits than costs - even with a $50bn price tag.
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26 May 2021
Cost-push inflation - Building projects hit by lack of supplies and price rises
Here is a terrific example of factors that can cause an inward shift in short run aggregate supply (SRAS) for the British economy.
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25 May 2021
The Economist looks at the problems of Big Tech
To what extent do the tech giants benefit society? Or are they now operating against the public interest, and in an anti-competitive fashion?
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24 May 2021
Solutions to Development Challenges in Nature, Biodiversity and Ecosystem Services
This World Bank clip looks at the importance of biodiversity to development, arguing that sustainable development requires due care to be taken of the Earth's natural resources.
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21 May 2021
Economics Weekly Quiz - 21 May 2021
UK farmers have raised concerns about a trade deal with which country? The CMA has green-lighted the merger between which two media giants? What kind of spending did Oxfam describe as 'obscene'?...
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20 May 2021
Debt Relief - Sudan Clears Hurdles for Debt Relief Agreement
The IMF is clearing Sudan's $50bn arrears to the institution, and in doing so, hopefully improving Sudan's economic problems.
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20 May 2021
Unified state control on track for the UK rail industry
A review has concluded that the UK rail network needs not full re-nationalisation, but something akin to that - with unified state control of timetables and pricing, as well as control of the...
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18 May 2021
Dynamic efficiency - stickers that make fruit last 2 weeks longer
Is there no limit to our ingenuity? In this case a sticker on fruit slows the ripening process, extending life of fruit by mimicking naturally-occurring chemicals.
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17 May 2021
China's population grows at slowest pace in decades
China's population grew at its slowest pace in decades, according to government data.
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