https://padlet.com/andrea_cervantes489/zujwczwthazu Made with the best of intentions en-us 2017-10-05 19:56:36 UTC 2017-11-30 18:13:06 UTC hello@padlet.com andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/194496095 http://www.bbc.com/news/world-asia-china-39880163

China’s president Xi Jinping invited world leaders to meet in Beijing, so he could encourage them to see China a major force in the world. He believes China should be seen as instrumental to global development and world peace. In order to persuade these countries, he goes through China’s history and economic advances. Although all countries’ presidents and prime ministers were invited, The US, Japan, India and most European countries declined the offer to join.

China's economy is continuing to rise and because they have rapidly achieved this level of growth, they also feel like they can become more involved in developing the world. they want to use their economic power to help the world.


]]> 2017-10-05 20:17:03 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/194496095 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/194500773 https://www.nytimes.com/2017/08/25/us/politics/yellen-warns-against-erasing-regulations-made-after-the-financial-crisis.html

Yellen, the Federal Reserve chairwoman, argued against the Republicans claims that deregulation would benefit the economy. she argues that regulation is not bad, and that it actually strengthens the economy. She focuses on the economic crisis and how financial regulation makes the economy safer.

This article relates to Keynes ideology that the state should be active and intervene in order for the market to work smoothly and not fail like it has already done in the past. The government will help with safe trade which will help economy grow.

]]> 2017-10-05 20:34:21 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/194500773 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/196242050 https://www.nytimes.com/2017/10/11/us/politics/imf-tax-cuts.html

The Trump administration and Republicans are considering a tax cut on the wealthy, and the IMF bank is warning them that that is not the best decision. Cutting taxes on the wealthy would lead to a larger deficit and because the global economy is currently doing well, that reduction is not necessary.

The IMF ultimate goal is to maintain economic stability and promote growth, which is important for them to advise the U.S. that reducing taxes on the rich can be more harmful, and will not create more jobs as they claim it will.]]> 2017-10-11 23:16:04 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/196242050 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/196242124 https://www.nytimes.com/2017/09/28/technology/ibm-india.html

IBM,an american company, has more employees in India than it does in the US. The company has not been bringing in much revenue so they have shifted their jobs overseas. Employees in India get paid one half to one fifth of what Americans would, which has helped the company that is undergoing  technological changes. IBM i not the only tech company to shift its jobs overseas, which threatens Americans high paying tech jobs.

American companies go multinational for either market seeking or Asset seeking. This article focuses on asset seeking, due to the lower wages paid overseas, the knowledge that workers have, and the labor productivity it benefits the country to invest in foreign countries.

]]> 2017-10-11 23:16:50 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/196242124 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/196242142
http://www.bbc.com/news/business-40880640
Rogoff, who predicted that the economy would crash, says that the Trump administration is not making good decisions by choosing to ease off regulations, which also promotes higher interest rates. They are creating uncertainties in the economy, by allowing the market do work on its own.

Rogoff also believes in Keynes theory that regulation and government involvement is necessary. the goalie to stabilize the economy that's recently experienced an economic crisis. low interests are necessary for countries to spend.]]> 2017-10-11 23:16:58 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/196242142 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210203907 https://www.nytimes.com/2017/11/28/business/germany-merkel-economy.html?rref=collection%2Fsectioncollection%2Fworld&action=click&contentCollection=world&region=stream&module=stream_unit&version=latest&contentPlacement=10&pgtype=sectionfront

The German Markets are not worried about the political issues that have been going on and Merkel's influence on the market, because they value of the euro has not been negatively affected. however some argue that Germany is lacking in their technology, and  have new competing markets like China and Silicon Valley. they believe that Merkel s not doing enough to help Germany advance

Because technology seems to be a driving force in globalization, the fact that Merkel has not made technology and market competition a priority. t is very possible that they begin to fall behind causing an economic crisis i the long term.]]> 2017-11-26 21:17:35 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210203907 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210203938 https://www.nytimes.com/2017/10/25/business/european-central-bank-tapering-draghi.html?action=click&contentCollection=Business%20Day&module=RelatedCoverage&region=Marginalia&pgtype=article

The European Central Bank has decided to pull back on the aid they have been providing through the financial crisis that had been going on for years. For the first time in many years they will purchase less bonds, and raise interest rates from zero percent. Many worry that it can cause financial instability.

They have been acting on the Keynes' theory, where government intervention was needed, and interest rates should be low. However; because they have been pulling out of the crisis, the government wants a more hands off approach and higher interest rates. having low interest rates negatively impacted the value of the Euro.]]> 2017-11-26 21:17:48 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210203938 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210203996 https://www.nytimes.com/2017/11/30/world/americas/honduras-vote-political-crisis.html?rref=collection%2Fsectioncollection%2Fworld&action=click&contentCollection=world&region=stream&module=stream_unit&version=latest&contentPlacement=6&pgtype=sectionfront

The current election for leader has created a bit of a political crisis, because the opposing candidate is making claims of fraud and them skewing results. This can create a divide between the country that is already battling high levels of poverty, drugs and the world's highest murder rates.

When a country is struggling like Honduras is, having a corrupt government filled with inequalities is usually a factor. They receive aid from the US, which allows the US to influence the political decisions being made. The US is involved in the elections.]]> 2017-11-26 21:18:04 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210203996 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210204010 https://www.economist.com/news/asia/21731638-government-rodrigo-duterte-paying-poor-some-attention-philippines-has-most

When compared to other South East Asia countries, the Philippines is economically growing at a slower rate. Up until recent years the GDP was only increasing .63% a year. Due to higher amounts of remittances, GDP had gone up to 6% . The financial growth is concentrated in rich cities, those living in rural areas are still struggling to survive, and have more children.The leader has created programs to provide contraceptives for them.

In recent years, there has been a significant growth in remittances coming in from Filipinos that go abroad to work which has contributed to the GDP. Also in this case, population growth has not led to economic growth. They believe, that the less children the better for the economy and poverty levels.

]]> 2017-11-26 21:18:13 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210204010 andrea_cervantes489 https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210204028 https://www.nytimes.com/reuters/2017/11/23/business/23reuters-philippines-economy-restrictions.html

The leaders the Philippines has removed many restrictions that kept foreigners from their employment and business sectors. His goal is to bring in more foreign direct investments.

The leader wants to compete with other countries to attract FDI with the idea will create jobs, and bring in more money to the Philippines.Under the belief that becoming an open market system will create economic growth with less government intervention.]]> 2017-11-26 21:18:22 UTC https://padlet.com/andrea_cervantes489/zujwczwthazu/wish/210204028