You are here

Home

Economics

Primary tabs

Tue, 2011-08-30 10:17 — mdmcdonald
This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

Add Content to this group

Click to add a new Group Post Simple to this group
Click to add a new Group Post Simple w Images to this group
Click to add a new Group Post to this group
Click to add a new PRIVATE Group Post to this group
Click to add a new TASK to this group

Members

Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett
Subscribe to group

Email address for group

economics@m.resiliencesystem.org

Nearly two-thirds of Greek youths are unemployed

Fri, 2013-05-10 19:09 — Maeryn Obley

A Greek unemployment center.

Image: A Greek unemployment center.

reuters.com - May 9th 2013 - George Georgiopoulos

Greek youth unemployment shot to a record 64 percent in February, underscoring the dire state of the recession-hit economy despite signs of improving business sentiment.

Repeated doses of austerity under international bailouts have almost tripled Greece's jobless rate since its debt crisis began in 2009, weighing on an economy in its sixth year of recession.

Overall unemployment has risen to an all-time high of 27 percent, data showed on Thursday, while joblessness in the 15-to-24 age group jumped to 64.2 percent in February from 59.3 percent in January.


(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Global
General Topic Tags: 
Citizens
Demographics
Economics
Problem, Solution, SitRep, or ?: 
Problem

The other-worldly philosophers

Fri, 2013-05-10 19:02 — Maeryn Obley

Article illustration by Brett Ryder

Image: Article illustration by Brett Ryder

economist.com - July 16th 2009

Robert Lucas, one of the greatest macroeconomists of his generation, and his followers are “making ancient and basic analytical errors all over the place”. Harvard's Robert Barro, another towering figure in the discipline, is “making truly boneheaded arguments”. The past 30 years of macroeconomics training at American and British universities were a “costly waste of time”.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Global
General Topic Tags: 
Citizens
Economics
Problem, Solution, SitRep, or ?: 
Problem

It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors

Tue, 2013-05-07 18:56 — Gina Angiola

Truthout.org -- by Ellen Brown -- March 29,2013

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds.  

http://truth-out.org/news/item/15401-it-can-happen-here-the-confiscation-scheme-planned-for-us-and-uk-depositors

Country / Region Tags: 
Global
United States
General Topic Tags: 
Economics
Problem, Solution, SitRep, or ?: 
Problem

Crisis for Europe as trust hits record low

Fri, 2013-04-26 19:54 — Maeryn Obley

The poll found a vertiginous decline in trust in the EU in countries that were traditionally pro-European. Photograph: Ian Waldie/Getty ImagesImage: The poll found a vertiginous decline in trust in the EU in countries that were traditionally pro-European. Photograph: Ian Waldie/Getty Images

guardian.co.uk - April 24th, 2013 - Ian Traynor

Public confidence in the European Union has fallen to historically low levels in the six biggest EU countries, raising fundamental questions about its democratic legitimacy more than three years into the union's worst ever crisis, new data shows.

After financial, currency and debt crises, wrenching budget and spending cuts, rich nations' bailouts of the poor, and surrenders of sovereign powers over policymaking to international technocrats, Euroscepticism is soaring to a degree that is likely to feed populist anti-EU politics and frustrate European leaders' efforts to arrest the collapse in support for their project.

Country / Region Tags: 
Global
General Topic Tags: 
Economics
Problem, Solution, SitRep, or ?: 
Problem

The Limits of the Earth, Part 2: Expanding the Limits

Fri, 2013-04-26 19:50 — Maeryn Obley

Limits of Earth logo.Image: Limits of Earth logo.

blogs.scientificamerican.com - April 18th, 2013 - Ramez Naam

As part one of this series showed, we are up against incredible challenges: feeding a world with a rapidly growing appetite, the continuing loss of the world’s precious forests, the ongoing collapse of fish species in the oceans, the rapid depletion of our fresh water resources, and the over-arching threat of climate change, which makes all others far worse.

Ending growth isn’t a realistic option.  Billions of people in the developing world want access to more resources, deserve those resources as much as those of us in the rich world do, and need them in order to rise out of poverty.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Global
General Topic Tags: 
Economics
Environment
Ideas
Research
Resilience
Sustainable Development
Problem, Solution, SitRep, or ?: 
Solutions

Transparency in Supply Chains: A Convergence of Possibilities

Sat, 2013-02-09 16:05 — Kathy Gilbeaux

csi.gsb.stanford.edu - Kriss - February 4, 2013

Where do the products we buy come from and how do we know that their production doesn’t leave a wake of environmental damage or exploited workers? Even brands we think we trust are often linked to suppliers with questionable or downright abusive practices, as exemplified in the November factory fire in Bangladesh, where 112 workers were killed at a factory that supplied Walmart, Sears and even the U.S. Marine Corps, though all claim they had no idea that apparel produced there was destined for their stores.

Global supply chains are complex and opaque, with many layers of suppliers, distant and inconsistent regulatory environments, and intermittent and sometimes unreliable audits and reporting.

(READ COMPLETE ARTICLE)

Country / Region Tags: 
Global
United States
General Topic Tags: 
Economics
Policy
Problem, Solution, SitRep, or ?: 
Other

Euro at 10-Month High Poses Economic Threat, Juncker Says

Fri, 2013-02-01 20:53 — Maeryn Obley

Jean-Claude Juncker said, “the euro foreign-exchange rate is dangerously high.” (Jock Fistick/Bloomberg)Image: Jean-Claude Juncker said, “the euro foreign-exchange rate is dangerously high.” (Jock Fistick/Bloomberg)

bloomberg.com - January 16th, 2013 - Stephanie Bodoni

The euro’s 8 percent gain against the U.S. dollar in the past six months is posing a fresh threat to the European economy just as it shows signs of escaping the debt crisis, said Jean-Claude Juncker, who leads the group of euro-area finance ministers.

Echoing policy makers from Switzerland to Japan in bemoaning strong exchange rates, Juncker late yesterday called the euro’s value “dangerously high” after the 17-nation currency this week traded above $1.34 against the dollar for the first time since February last year.

The euro has rallied amid growing signs in financial markets that the three-year debt turmoil is fading and after European Central Bank President Mario Draghi last week signaled no immediate plan to ease monetary policy further.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Global
General Topic Tags: 
Economics
Problem, Solution, SitRep, or ?: 
Problem

U.S. to Overtake Saudi Arabia, Russia as World's Top Energy Producer

Wed, 2012-11-14 13:17 — Maeryn Obley

Oil derricks like this one outside of Williston, North Dakota, are part of a shale oil boom that has helped put the United States on track to overtake Saudi Arabia as the world's leading oil producer. Photograph by Gregory Bull, AP

Image: Oil derricks like this one outside of Williston, North Dakota, are part of a shale oil boom that has helped put the United States on track to overtake Saudi Arabia as the world's leading oil producer. Photograph by Gregory Bull, AP

news.nationalgeographic.com - November 12th, 2012 - Theodore K. Grose

In an indication of how "fracking" is reshaping the global energy picture, the International Energy Agency today projected that the United States will overtake Saudi Arabia as the world's largest oil producer by 2017.

And within just three years, the United States will unseat Russia as the largest producer of natural gas.

Both results would have been unthinkable even a few short years ago, but the future geography of supply has shifted dramatically due to what IEA calls America's "energy renaissance."

Country / Region Tags: 
Global
General Topic Tags: 
Economics
Energy
Problem, Solution, SitRep, or ?: 
Situation Report

World stock markets on edge as investors remain focused on US fiscal cliff’s threat to economy

Mon, 2012-11-12 18:23 — Maeryn Obley

washingtonpost.com

Uncertainty over whether Washington will agree a spending and taxation deal that is crucial to keeping the U.S. economic recovery on track kept a lid on global market gains on Monday.

Economists have said the U.S. risks slipping into recession if hundreds of billions of dollars in expiring tax cuts and automatic spending reductions take effect on Jan. 1 — the so called “fiscal cliff.” Congress and the White House must find a compromise to prevent a big hit to the world’s biggest economy.

President Barack Obama, fresh from a re-election victory, and House Speaker John Boehner have spoken of compromise but appear to be taking a firm stances on some issues, including whether to raise taxes for the wealthiest.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Global
General Topic Tags: 
Economics
Policy
Politics
Problem, Solution, SitRep, or ?: 
Problem

Eurozone unemployment hits new high

Mon, 2012-11-12 18:12 — Maeryn Obley

Pedestrians walk past graffitti in Athens – a growing number of Greek workers remain nominally employed but have not been paid for some time. Photograph: EPA

Image: Pedestrians walk past graffitti in Athens – a growing number of Greek workers remain nominally employed but have not been paid for some time. Photograph: EPA

guardian.co.uk - October 31st, 2012 - Julia Kollewe and Phillip Inman   

Unemployment in the eurozone has risen to a new record, with more than one in four out of work in Spain and Greece.

There are now 18.49 million people without jobs in the 17 countries sharing the euro, said the European statistics office Eurostat on Wednesday with an extra 146,000 joining the ranks of the unemployed last month.

Youth unemployment – joblessness among under-25s – rose to 23.3%, up from 21% during the same month a year ago.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Global
General Topic Tags: 
Citizens
Economics
Problem, Solution, SitRep, or ?: 
Problem

Pages

howdy folks