International Economics: IB Economics
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International Economics: IB Economics
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
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Putin’s errors over Ukraine could herald big change for global finance | Jim O'Neill | The Guardian

Putin’s errors over Ukraine could herald big change for global finance | Jim O'Neill | The Guardian | International Economics: IB Economics | Scoop.it
The inventor of the Brics acronym says sanctions against Russia have exposed nations’ dependence on the western economic system
Graham Watson's insight:

An interesting look at the recent past in Russia, and the implications of its seemingly botched invasion of Ukraine. Well worth a read, if only to see what might be a likely outcome of recent events - particularly with regard to Russia. 

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What the weakening dollar means for the global economy | Business | The Guardian

What the weakening dollar means for the global economy | Business | The Guardian | International Economics: IB Economics | Scoop.it
The falling value of the greenback heralds a larger, gradual fragmentation of the international economic order
Graham Watson's insight:

A complex article that looks at the implications of a depreciating dollar - the implications of this for the US economy, and the wider global economy where the dollar serves as the global reserve currency. 

 

Understanding the implications of the former are relatively straightforward - it's getting your head around the latter that is more complicated. 

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