EconoGraphics

One of the most significant challenges currently facing European leaders is how to shepherd their economies, particularly their businesses, into the modern era. In the United States, massive tech giants rapidly blossom from small startups, significantly impacting the economy over the past decade.

20151029 econographics

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On October 10th, hundreds of thousands of concerned German citizens marched in Berlin to protest the proposed Transatlantic Trade and Investment Partnership (TTIP). TTIP's critics argue it benefits corporations at the expense of ordinary citizens, while its proponents argue it provides significant economic growth.

20151021 econographics

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On October 5th, Trans-Pacific Partnership (TPP) trade negotiations were concluded in Atlanta. The deal faced criticism from some on a lack of transparency, but details are now beginning to emerge on the settlement. Even with TPP's lack of transparency, there were clear tension points between negotiators on topics such as biologics, dairy products, and rules of origin for the automaking industry. This week's Econographic looks specifically at one of the potential winners of the trade deal, the American agricultural sector.

20151013 econographics

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The recent Volkswagen scandal has refocused consumers on automaking standards and CO2 emissions. These differences have also been one of the sticking points in TTIP negotiations. Both the American and European automaking sectors have rigorous standards, and as might be expected hold similar regulations. At the same time, both producers and consumers stand to gain immense dividends from a combined market. If tariff and nontariff barriers are reduced in TTIP, The Peterson Institute projects that the two sides could increase their national income by nearly $20 billion per year. With this in mind, negotiators and industries should prioritize ironing out an agreement sooner rather than later.

20151006 econographics

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The latest Memorandum of Understanding between the EU Institutions and the Greek Government passed in August, leaves Tsipras only one additional month to implement eighty-five initiatives. These reforms cover a diverse range of topics, from consolidating taxation policies to health and education reform. Greece is not an authoritarian regime, and making changes of this magnitude requires negotiations with varying civil society groups, labor unions, and a multitude of institutions. In addition, Tsipras must keep the various factions of his unstable coalition happy. With this in mind, the demands of the European Commission and Central Bank are highly unrealistic.

20150929 Econographic 2

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As Europe confronts the migrant crisis, much of the current coverage remains fixed on short run trends, but in order to have a comprehensive perspective it is necessary to project these trends into the future. In spite of commonly held concerns of migrants' effect on European identity, many of these nations' birthrates and outflows of migrants will actually be higher than their intake of migrants. Negative flows of migrants could further weaken pension plans, as aging European populations struggle to balance social welfare models with demographic realities.

20150923 Econographic-Migration

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As China slowly transitions from an investment and export based economy to a consumer based economy, the Chinese must also liberalize both their monetary affairs and the management of their currency. By increasing the wealth of Chinese consumers via their currency's value, domestic demand will supplant the role of exports. For this process to be completed, the Chinese currency, the Renminbi, must assume its place in the package of globally dominant currencies.

20150914 Renminbi

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On July 14, the United States, along with the P5+1, struck a deal with Iran to ease the heavy financial and banking sanctions that starved the country's economy. Over the next decade, financial and trade sanctions will gradually be lifted, giving Iran the ability to export its plentiful oil and gas reserves and to purchase goods from abroad.

20150728 econographics

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Greece and its EU counterparts made progress last week on negotiations, but some policy makers question whether Greece will truly adopt the measures necessary to recover economic stability.

20150722 econographics

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Unsatisfied with the proposed austerity measures, Greece has been pushing for a comprehensive debt relief package from its creditors. In public, Greece has appealed to the 1953 London Conference when Western Germany was forgiven over half of its debt. One of Germany's creditors then: Greece.

20150714 econographics

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