https://padlet.com/528901/2muo9f37p9ng Made with good vibes en-us 2017-06-05 12:46:33 UTC 2025-10-30 05:05:53 UTC hello@padlet.com 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175201975 As an agricultural country, agricultural industries have made important contributions to the  Vietnam’s development. But in order to promote a larger scale of agricultural production, the government decides to review all land-related policies and implement an new agriculture land law. The first step is to change their way of thinking into the economic way of thinking. They shouldn’t thinking only based on the farmer’s economic fundamentals, but also to expand into a varies economic thinking. To support this action, government should increase spending in the agriculture areas and provide subsidies to the poor farmer.]]> 2017-06-05 12:47:00 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175201975 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175203424 Nowadays the whole world trades are connected together, and change in the political issues in a certain country would affect the economic system of the whole world, as Trump became to the new president of US and Brexit, it’s really important to have a good social protection system to prevent a nation itself being negatively affected. For the global trading, WTO have set a economic system sigh for a all members agreement. The director of WTO said that “reminds us that a ‘strong, rules-based trading system is essential for global economic stability”, the situation for each country are really different, the underdeveloped countries need to open their market to bring the poverty into workforce. The developed country need to open the international market and to reform and manage their shrinking populations.]]> 2017-06-05 12:57:00 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175203424 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206410 There is a deal between US and China, that US is willing to open and exports liquefied natural gas to Chinese market, in order to break the situation of Qatar's grip on liquefied natural gas pricing, which is stop the monopoly of Qatar, and to let the market structure of liquefied natural gas in China more diversified, move closer to the perfect competition to keep the prices down which benefit the customers.]]> 2017-06-05 13:11:27 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206410 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206445 The role of Labour: Labour forces is a great element of developing a nation economy. Because of the shrinking and aging population, Japan have faced to the worst labour shortage situation, but now, number of labour in Japan have arrived in 1 millions, most of them are comes from China and Vietnam. Japan have provide trainee system for those foreign workers in order to raise the productivity. I think now there are so many foreign workers in Japan have decreased demand for labour forces, this can cause the wages goes down.]]> 2017-06-05 13:11:38 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206445 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206481 Economic Indicators and Measurements: Build a much needed new homes can stimulate economy a lot. EY Scottish ITEM Club predicts growth in the Scottish economy for 2017 will be half of UK. The chief executive Nicola Barclay said that this report emphasises the importance of business and government working together to de-risk investment, build confidence and drive economic growth. And there’s a research shows that returning to pre-recession levels of building by the end of this Scottish Parliament, buildings project would generate an additional £1.9bn in economic output and 38,000 jobs on an annual basis. I think building industries is a part of capital deepening. It can stimulate economy is because more and better capital goods can increased output.]]> 2017-06-05 13:11:48 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206481 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206527 Facing Economic Challenges: In China, there’s a large number of graduates who can’t find a job. The unemployment rate of graduates from colleges and universities two months after graduating is about 17.6 per cent, for the graduates who’re from rural area is about 30 per cent. I think this is  because of the large population, there’s a great competition among graduates. So graduates with background will have priority. Student without background can only depends on their own to find a proper job. I think China government should increase job opportunity, because unemployment is inefficient, it’s a waste of human resources. And it’s inequality and this situation will discouraged workers confidence. 

]]> 2017-06-05 13:12:01 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206527 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206601 Using Fiscal Policy: In a meeting, Italian prime minister Matteo Renzi announced that italy have the lowest public deficit of the last 10 years, and it’ll keep reforming to reduce deficit further. But look at its economy clearly the situation is not that negative. There’s 1.5 millions of people are living in poverty, 4.5 millions individuals saw stagnant incomes. Official unemployment rate is at 11,9% but the real unemployment rate is more than 20%. Obviously Italy is stuck in a deep depression. To improve this situation, the government should use the expansionary fiscal policy, increase the government spending, decrease taxes or both in order to increase the aggregate demand.]]> 2017-06-05 13:12:12 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206601 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206674 The Federal Reserve and Monetary Policy: In the past 3 years, Greece, Portugal, Ireland, Italy and Spain have been in a finance crisis. Before 1st 1999, Euro were using different currencies and there have been tariffs and quotas between european countries. Because of the world war 2, Europe was devastated. In order to rebuild Europe economy, they have set up the European Union. And Europe bank issue euro. Now Europe have one unified monetary policy but it still had many different fiscal policy, this is the key reason for the europe current debt crisis. These countries pay off their debts with the money borrowed from Germany. Which leads to increase their spending and the unbalanced fiscal policies. Germany have lend money to these countries and asked these countries cutting their spending and borrowing less and paying back more debt, which is austerity. But if the government cutting spending many citizens will lose jobs, and the austerity won’t automatically balance a country’s budget. ]]> 2017-06-05 13:12:22 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206674 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206724 Issues of Economic Development: Nigerian development was always depending on their oil resources. Since the boom-burst cycles of the oil industry, the government was trying to change a economic development model, to diverse their economic base. Nigeria is far behind the per capita production level, as it have a large population, it also have a high infant mortality rate. Nigerian have a bad situation in its economy is because of political instability, lack of focused and visionary leadership, economic mismanagement and corruption. The long period of military rule have destroyed its economic and social progress, its human capital and physical capital is getting less. I think if Nigeria need to change this situation by changing a new stable efficient government, and to draw up a new economic plan according to its national conditions.]]> 2017-06-05 13:12:32 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206724 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206772 Personal Finance: Compared with men, lower wages and higher medical cost have put women in a higher financial crisis situation. 70% patients from the nursing house are women, and the average cost of a private nursing home room is more than $90,000 per year. According to a statistic, retired women pay about $600 more than men on medical costs per year. And according to Social Security Administration data, the average female lifespan is 86.6, and average male lifespan is 84.3. So in the course of a longer life, women will incur more health care expenses than men. I think this situation exist is because of the inequality of wages, and usually women spend more time take care of family than working to earn money. To change this situation, I think government should increase spending on women and set a new law to protect women’s right, and women should be more economic independent, learn how to budget, and save some money and investing money to earn profit. ]]> 2017-06-05 13:12:39 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206772 528901 https://padlet.com/528901/2muo9f37p9ng/wish/175206812 Population Demographics: Percentage of the global population that is 65 or older will double from 10% to 20% by 2050, which is nearly 1.3 billion people. Asia will account for 62.3% of the world’s population over 65 years old by 2050. An aging population is bad for the economy because it means a smaller workforce and a higher dependency rates. Less workforce means increase taxes and reduces the country’s ability to generate GDP. The next generation will have a big burden, because they are the people who have ability to drive the economy grow. This situation will occur i think is because as the human capital growing, educated people will give birth to less children, some of them even none, which have lower the birth rate. To change this situation, I think the government should publish new law to encourage educated people have more children, giving subsidies to them. And raise the retirement age for the old people.]]> 2017-06-05 13:12:49 UTC https://padlet.com/528901/2muo9f37p9ng/wish/175206812