|With the Chief Minister|
Monday, 19 December 2016
At the beginning of December 2016 I was fortunate to go to Gibraltar for the second time and meet the Hon Fabian Picardo QC, Chief Minister of Gibraltar. I had previously visited in 2013 and was impressed by its ambience and its economic success. Over the years the territory has consistently been achieving budget surpluses. Wishing to learn more about the workings of Gibraltar, and after communication through letters and emails, I arranged a meeting with the Chief Minister.
Saturday, 19 November 2016
For me, one of the greatest strengths of economics is that we can see it in our daily lives. There are the news stories with subtle economic aspects; for instance, the prosperity of bees is essential for agricultural production as this produces food for labour and inputs for production. There are also more obvious issues – will the United Kingdom be faced with a ‘soft’ or a ‘hard’ Brexit? How will trade and our economy be affected? At the heart of this lies the fact that news stories are economics ‘in action’ and proof of what we find in textbooks. It is for this very reason that I am interested in economic history, as this sub-discipline provides empirical evidence to support economic theories. I also believe that it’s important to learn lessons from history to make the best out of the future; this is something definitely applicable to economic history.
A pivotal moment in economic history was the Industrial Revolution in England, a collection of events which ultimately resulted in the country’s increased economic growth. However, fast forward to the 21st Century; the largest economy in the world is the United States of America. How did the USA overtake the UK?
Monday, 24 October 2016
Intrigued by the recent crisis unfolding in Europe, and being a migrant myself, I wanted to learn more about the movement of people. There is the economic issue of the effects of a changed supply of labour, the social issue of demographic change and also the political issue of which policies a government will implement to control migration. Yet while we often think of how migrants affect the countries that they move to, it is also important to consider the consequences for the countries they leave behind.
Monday, 30 May 2016
Yes, I admit I had signed off last time saying that I would be looking at how the result will impact Britain’s ‘importance’ on the world stage. But I have the (not so) "small matter" of preparing for my final A Level exams to contend with. I am in the middle of these and thought to stick with economic issues. Last time I analysed immigration and the referendum. Now I will look at some other topics that have come up in the campaigns ahead of the vote; funding, fishing and farming.
Tuesday, 26 April 2016
In my previous blog post I focussed on trade with the EU. This time I shall look at another issue for voters, the issue of immigration. It wasn’t that long ago when Mr David Cameron promised that he would bring down net migration to ‘the tens of thousands’. According to the Office of National Statistics, net migration stood at 323,000 for the year between September 2014 and September 2015. This may be seen as a large number, and could justify why immigration remains one of the main concerns of British voters ahead of the referendum.
Saturday, 5 March 2016
|Courtesy of www.huffingtonpost.com|
= post Econ exam celebration
I will be sitting my ECON4/A2 Macroeconomics paper on June 23rd 2016– which will also be the day when I and millions of others will be voting in the referendum on the European Union (EU). There are many issues to cover and so this will be the first blog in a series. I intend to look at it impartially and desist from any scaremongering! I shall evaluate important points before reaching a decision in my concluding blog post in a style not dissimilar to an essay question.
Sunday, 8 November 2015
|Photo courtesy of whynationsfail.com|
My travels abroad made me aware of the large wealth disparities between countries. Wondering if this had always been the case, I read ‘Why Nations Fail’ by Acemoglu and Robinson. I found it to be an enjoyable and comprehensive insight into why some countries are prosperous and others are not. This piece is more of a collection of my thoughts after reading this book, rather than a review. Throughout the book the authors’ claims are supported by historical examples from across the globe, thus also providing readers with a wealth of historical knowledge.