Poverty

Poverty

One of the issues that we have come across during our study of promoting equity as a macroeconomic goal is that of poverty.  This is something that we will be looking at in more detail during the development economics section of the course in Year 13.  At this point it is important to be able to …

The Debt Crisis

The Debt Crisis

One of the major issues facing the developing world is the debt crisis.  It was an issue that was brought to the attention of people during the Jubliee 2000 debt campaign and again during the 2005 Make Poverty History campaign.  It still remains a major problem facing countries in teh developing world and an area …

The Girl Effect 2

The Girl Effect 2

We have already seen the short animation produced by The Girl Effect, and below is a newer short animation that has been produced.  There have also been a number of more recent news articles relating to gender inequality and empowering women to aid development.  The BBC has a slideshow narrated by an 18 year old …

The Boy who harnessed the wind

The Boy who harnessed the wind

William Kamkwamba is a Malawian boy, who at the age of 14 built a windmill to power his family’s home.  This is not only an inspirational story of a young boy who was proactive in helping his family to try to escape poverty and hunger, but also a great example of appropriate technology being used …

The Girl Effect

The Girl Effect

When we are looking at economic development, one of barriers we look at is gender inequality, and how improvements for females in terms of health, education etc. can lead to a multiplied effect over time.  This can be a major driver of economic development and is now something that is looking to be improved upon. …

Trouble at the Grameen bank

Trouble at the Grameen bank

The Grameen Bank was established by Mohammad Yunus, and pioneered the idea of microfinance.  The Bangladeshi government and Prof. Yunus are currently having an argument which may result in him being sacked.  Many people think that microfinance has been an important way of encouraging development, but it has also come in for a certain amount …

The luckiest nut in the world

The luckiest nut in the world

This video is a good explanation of the potential impacts of trade upon the developing world and the policies of organisations such as the IMF and World Bank.  Remember that it is important to have case study examples for the exam. Please upgrade your browser

Waste and externalities

Waste and externalities

This article explains about the UN concerns over the increasing e-waste in developing countries.  It is an important issue within the economics syllabus.  It has links to microeconomics as an issue of an externality, but also to development as externalities are a potentially negative impact of growth and development. BBC article – Mountains of e-waste

Missing targets for aid

Missing targets for aid

The OECD has predicted that the targets the developed countries countries set in a summit at Gleneagles in 2005 will not be met.  The article puts this in to perspective with comments from NGO’s about what effect this will have. BBC article – Aid to poorer countries to miss targets

Fair trade

Fair trade

Fairtrade is an increasingly popular issues with business.  Both Nestle and Ben and Jerry’s have recently changed some of their products to using fair trade ingredients.  The link is to an interview with Ben and Jerry about the decision to move to using fair trade ingredients as much as possible in the ice-cream. BBC interview …