background preloader

Week 3 - Cattle Markets & Stock Markets

Facebook Twitter

Niall Ferguson: The 6 killer apps of prosperity. World Development Indicators | The World Bank. 1. World View World view presents progress toward the eight Millennium Development Goals (MDGs). It complements the detailed analysis in the World Bank Group's Global Monitoring Report, and it uses the same methodology to assess whether countries are on track or off track to meet the targets by 2015. The new twin goals of the World Bank Group, announced in October 2013, are to end extreme poverty and to boost shared prosperity across the world. Progress will be closely monitored using two indicators: the proportion of the population living on less than $1.25 a day (in 2005 purchasing power parity terms) and the growth in the average real per capita income of the bottom 40 percent of the population in every country.

The target year of 2015 for the MDGs is now just around the corner. Database. Douglass C. North - Prize Lecture: Economic Performance through Time. Lecture to the memory of Alfred Nobel, December 9, 1993 Economic Performance through Time I Economic history is about the performance of economies through time. The objective of research in the field is not only to shed new light on the economic past but also to contribute to economic theory by providing an analytical framework that will enable us to understand economic change. A theory of economic dynamics comparable in precision to general equilibrium theory would be the ideal tool of analysis. A theory of economic dynamics is also crucial for the field of economic development. This essay is about institutions and time. Institutions form the incentive structure of a society and the political and economic institutions, in consequence, are the underlying determinant of economic performance.

II Institutions are the humanly devised constraints that structure human interaction. But the informational and institutional requirements necessary to achieve such efficient markets are stringent. The Mint countries: Next economic giants? In 2001 the world began talking about the Bric countries - Brazil, Russia, India and China - as potential powerhouses of the world economy. The term was coined by economist Jim O'Neill, who has now identified the "Mint" countries - Mexico, Indonesia, Nigeria and Turkey - as emerging economic giants.

Here he explains why. So what is it about the so-called Mint countries that makes them so special? Why these four countries? A friend who has followed the Bric story noted sardonically that they are probably "fresher" than the Brics. What they really share beyond having a lot of people, is that at least for the next 20 years, they have really good "inner" demographics - they are all going to see a rise in the number of people eligible to work relative to those not working. This is the envy of many developed countries but also two of the Bric countries, China and Russia. For example, Mexico is next door to the US, but also Latin America. And as we all know, Turkey is in both the West and East. Archives - Dreaming with BRICs: The Path to 2050. BBC Radio 4 - The Business Covenant. World Investment Report 2014. This edition of the World Investment Report provides valuable analysis that can inform global discussions on how to accelerate progress toward the Millennium Development Goals and shape a long-range vision for a more sustainable future beyond 2015.

The Report reveals an encouraging trend: after a decline in 2012, global foreign direct investment flows rose by 9 per cent in 2013, with growth expected to continue in the years to come. This demonstrates the great potential of international investment, along with other financial resources, to help reach the goals of a post-2015 agenda for sustainable development. Transnational corporations can support this effort by creating decent jobs, generating exports, promoting rights, respecting the environment, encouraging local content, paying fair taxes and transferring capital, technology and business contacts to spur development. I commend this Report to all those interested in steering private investment towards a more sustainable future. Unctad.org | Country Fact Sheets 2014. WTO - International trade and tariff data. UN Population Division | Department of Economic and Social Affairs. Welcome to the United Nations. It's your world. United Nations Population Division Nigel Barnet Cohen ("Barney"), November 6, 1959 - September 19, 2015 CPD Information Estimates and Projections International Migration Capacity Development International migration stock: The 2015 revision The dataset presents estimates of international migrant by age, sex and origin.

World Population Ageing 2015 A collection of new material released on the theme of World Population Ageing World Marriage Data 2015 An up-to-date set of data on the marital status of the population by age and sex for 231 countries or areas of the world. Themes Population and ... Population and Development in the United Nations System What's new Commission on Population and Development, 49th session (11-15 April 2016) Review of the future organization and methods of work [read more] NGO pre-registration open from 11 November 2015 until 31 March 2016 [read more] World Population Prospects: 2015 Revision World Contraceptive Use 2015 more.. World Population Prospects, the 2012 Revision. ACCA Online Game. Microeconomics. This article provides a broad overview of microeconomics. It is intended to introduce key topics to those who have not studied microeconomics, and to offer a revision to those who have done so What is microeconomics?

Microeconomics is the branch of economics that considers the behaviour of decision takers within the economy, such as individuals, households and firms. The word ‘firm’ is used generically to refer to all types of business. Microeconomics contrasts with the study of macroeconomics, which considers the economy as a whole. Scarcity, choice and opportunity cost The platform on which microeconomic thought is built lies at the very heart of economic thinking – namely, how decision takers choose between scarce resources that have alternative uses. The price mechanism Much of the study of microeconomics is devoted to analysis of how prices are determined in markets.

But how would people know what they could charge, or what they should pay, for goods and services? Demand Supply Monopoly. Podcast: Microeconomics.