Category: Global Economics

  • Mike Moffat (writer at about.com) wrote a blog (and posted his thoughts) on a economic ‘feud’ between econ giants Greg Mankiw and Alan Blinder. Here is the initial article from Blinder and the Washington Post article here. The rebuttal from Mankiw on his personal blog. The blog argument continues there. Moffat writes about it here.

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  • Are we about to see another Asia market collapse this time as a result of China? You wouldn’t think so with the continued surge in foreign investment. China drew a record $63.0 billion in foreign direct investment in 2006, up 5 percent from 2005, the official Xinhua news agency cited. It gave no figure for…

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  • Western European workers at General Motors are putting pressure on the US carmaker over its threat to shut an assembly plant in Portugal. Plant workers are protesting by walking off the job or laying down their tools for periods. This is a response to GMs decision to close the Portuguese plant; workers also fear that…

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  • Volkswagen says it wants to lengthen its standard working week at plants in western Germany to 35 hours without raising salaries in an effort to save jobs and remain competitive. The move – which would end a 28.8-hour working week in place since 1994 – is designed to improve efficiency. (Forget about the American work…

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