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- 2013-8-3
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- 1970-1-1
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In the mid-1990s, America's economy was brightened. However, during the recession of 2008-09, America's potential growth rate has plummeted. Even though the decline in potential growth has little impact on current situation in the short term, it will cause grim consequence in the long term. But we still need to focus on how to solve these short-term problems: the decline in the supply of workers and their productivity.
2m5s
Some possible reasons for te dissappearing worker-immigration system, Obamacare and welfare scheme.
2m19s
There is a discrepancy between innovation and production. And the reason for this discrepancy is that firms may need some time to react to such innovation and then translate it into production. There is much America's government could do to boost the investment. However, the leaders in the United States make matters worse. Their plans have fallen victim to America's polarised politics.
3m21s
There is a problem between WTO and India about an agreement. Modi, India's new prime minister refused to sign an agreement that help lubricate trade because WTO would not change its rules to let him expand the food subsidies. The output of agricultural products in India is far more than the consumption. However, many other countries raise their tariff on agricultural products to protect their producers from competition, making India unable to export its surpass products. In order to fix this problem, WTO may need to change its way to purse the goal of trade liberalisation.
4m1s
The advice for the change of WTO.
1m31s
WTO那篇好像是本人缺乏太多背景知识,对部分专业名词不理解,导致看得很难受,比如 grand bargain具体是个怎样的策略?Bali agreement又具体是什么。。。
Unlike its peers, such as England, America, ECB has resisted QE to save its lowflation. One reason is that unlike in America, in Europe banks rather than markets dominate the provision of credit. 后面的没怎么看懂,主要是对各个名词的关系很混乱,比如lowflation与deflation,deflation会对debtor造成什么影响,debase currency又对整个经济有什么影响
Another reason is that euro zone is totally different becasue ECB is a supranational central bank. Once it formulate QE, it has to buy the debt of 18 different countries, some of which have poor credit ratings.
8m27
经济类文章还是真的挺难看懂的。。。 |
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