Ardingly Economics (@Ardingly_Econ) profile picture

Ardingly College Economics

Joined May 2020
The importance of primary product exports for LDCs.
In Tanzania gold is king. 1/3 of TZ's export $$ comes from minerals. No, not Tanzanite; gold was the big export in 2019. Tobacco was next at 10% of export earnings, and 3rd at 8% was oil seeds (avocado oil, hemp oil, etc.) 🇹🇿⛏️🥑worldstopexports.com/tanzani…
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Q The consumer to the rescue? BBC News - Shoppers rush to the High Street as England stores reopen bbc.co.uk/news/business-5304…
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Interventionist SSPs: the power of infrastructure projects to drive long run economic growth.
High highway. Work continues on Algeria's US$13billion 1216km East-West Highway, one of the biggest public works projects now in the world. When finished it will run from the Morocco border completely across the country to Tunisia.
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Q Should the BofE adopt a more 'growth-friendly' remit? Also v interesting to see some free-market think tanks arguing for massive Keynesian stimulus! Bank of England faces calls to overhaul 'restrictive' remit theguardian.com/business/202…
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Risks to globalisation and prosperity (see chart). Q What would you policy proposals be?
How the world can ‘reset’ itself after #COVID19 – according to these experts bit.ly/3dvICxx #coronavirus #TheGreatReset
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(How) do you think our world should be 'reset' post-covid?
Ardingly Economics retweeted
The US is on top of the world in overall net wealth, but the picture looks a bit different when sorting countries by their per-capita average wealth. #Switzerland is far out front on these 2 lists showing average and median wealth. statista.com/chart/19651/cou…
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Q1. Will the UK housing market bounce back? And, if so, how quickly? Q2. Implications for wealth effects and economic recovery? BBC News - House prices see largest monthly fall for 11 years, says Nationwide bbc.co.uk/news/business-5288…
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Internet connectivity and economic development.
Speedier internet. Landing in Somalia, a new 37,000km data cable will encircle Africa, connecting 16 countries to Europe, Asia: Congo-Brazzaville, Cote d'Ivoire, Djibouti, DRC, Egypt, Gabon, Ghana, Kenya, Madagascar, Mozambique, Nigeria, Sudan, Senegal, Tanzania and South Africa.
Hello followers. Please do encourage your fellow econ students to join us. Happy half term!
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Ardingly Economics retweeted
How is #Ethiopia using the $411 million IMF emergency assistance to fight #COVID19? ow.ly/1ftM50zNASH #IMFAfrica
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Q. COVID helps to correct a market failure?
As physical distancing guidelines are helping us handle the #covid19 pandemic, people in the US have been searching for alternatives to crowded public transport and the bike industry benefiting. Leisure bike sales have surged 121%. statista.com/chart/21794/yea…
BBC News - Coronavirus: World Bank warns 60m at risk of 'extreme poverty' Key knowledge: the World Bank defines "extreme (absolute) poverty" as living on less than $1.90 (£1.55) per person per day.  Q. What can be done to limit this? bbc.co.uk/news/business-5273…