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IMF, China to boost economic stimulus funding

China will increase its financial assistance to the International Monetary Fund and other major aid programs, itr president Xi Jinping said in a statement on Wednesday.The fund will be allowed to increase the total amount of its lending, it added, without elaborating on how much.The $1.5 trillion stimulus package is aimed at rebounding from a

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Farm workers strike over new farm bill

Farm workers in Texas have voted overwhelmingly to approve a new farm law that critics say will hurt them and make their jobs harder.The Texas Farm Bureau and the Texas Farm Workers Alliance, two of the groups leading the push for a statewide ban on factory farming, announced the result of Sunday’s vote in a

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What you need to know about surplus definition economics

With global economic growth slowing, the world’s nations are struggling to keep pace with a projected surplus in 2019.The U.S. and Canada are on track to produce their highest annual surplus since the 1930s, while China and Russia are in the middle of the pack.But while it’s still possible to get ahead by producing more

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How to read the economic Freedom Index

India’s Economic Freedom Index is the only indicator of economic freedom that India has used for more than 40 years.The index, which tracks the extent to which economic growth and inequality are perceived by people, is widely used across the world.The most recent update of the index, released in October this year, saw the United

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What the hell is a ‘good’ home economics textbook?

Posted October 13, 2018 06:59:18Home economics textbooks have long been a favorite subject for students, and the current edition of the American Economic Review offers a great overview of the topic.But in a recent issue, the Journal of Applied Economics released a textbook review that included a few new and surprising observations.The paper by David

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Why deflation is good for America

Economists, economists, economists.You know what they say: when the weather is nice and sunny, you should take your money and invest it.But when the wind blows in the opposite direction, you may not want to take your chances.That’s because deflation, as its name implies, is deflation.The U.S. dollar has lost half its value against other

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How to make a special case for your company in the workplace

Business Insider article The idea of special cases in the economy has long been part of American culture, but they have become more common in the past decade as business practices have become increasingly focused on profitability, according to a report from the Federal Reserve Bank of New York.Businesses that have specialized in specific fields

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Argentina warns of ‘economic catastrophe’ if ‘war’ escalates

Buenos Aires, Argentina — Argentina’s economy is teetering on the brink of a humanitarian crisis, but its leaders are refusing to give up hope of averting a violent conflict that could wipe out the country’s financial system.The ruling socialist government in Argentina is pushing ahead with plans to spend billions of dollars on rebuilding the

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When do you want to retire and how do you plan to do it?

When do I want to become an economist?If you’re one of the few people who knows this answer, you are probably wondering why you need to know this.The answer is, you do.But how much knowledge is enough?A person needs to be able to understand a complex subject.It can take years of study to master a

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How to make a textbook competitive with the latest research

The world of competitive economics is a strange one, with a few very large players dominating it and many smaller ones barely making it to the top of the pile.So how do you keep the competition at bay?For a textbook, that’s a tricky question.The key is to find the right combination of content and format.You