“Water, water, every where, Nor any drop to drink.” – Samuel Taylor Coleridge – The Rime of the Ancient Mariner. The water companies are the least loved out of the privatised utilities, and the lack of rain over the past two winters is making their job much more difficult. For many people, it is hard …
Readers Question: How Has China’s Economic Industrialisation affected the UK’s Economy? And What Policies Could The UK Government Implement To Rectify The Problems Created From China’s Growth? The rapid growth of China’s economy has had various effects on the UK economy – some positive and some which have created challenges and problems for the UK. …
Readers Question: What policy strategy is good to reduce unemployment in Greece? The Greek economy is experiencing grave problems, with record levels of unemployment. Unemployment in Greece is running at 27.5% – (end of 2013) This unemployment rate is even higher amongst young people. The unemployment is primarily caused by the prolonged recession which has …
Readers Question: how we can reduce the unemployment (with implication ) in short run and long run and try to give some lively examples except of uk The unemployment rate in the UK is currently quite low about 4.5%. Therefore, it is difficult for the government to significantly reduce this. A lot of the unemployment …
Readers question “If a firm does not have access to the supply of a good then the market will not be contestable. E.g. Oil firms could restrict the supply of petrol to petrol stations, making it difficult for new firms to enter. E.g. for airlines a big issue is whether you can get a landing …
Just five years after the start of global credit crunch and the UK housing crash, it seems incongruous to be talking about another UK property bubble. It is a paradox that the UK has experienced five long years of recession – the worst decline in living standards in recent times, and yet, property prices still …
Readers Question. The fear of rising interest rate is spooking markets in USA. So is it because of tapering? – Less and less buying of securities. Or the rise of inflation is expected. Or is it the economy picking up? Firstly, it is important to keep markets in perspective. On Jan 24, the U.S. 10-year …
Readers Question What if the underground money parked in Swiss bank is recovered. Will it destabilize the current economy? ‘Underground money’ I assume you mean money gained by illegal methods and money that will be frozen until someone can prove they legally own it. Recovering frozen money One scenario – If there is a large …