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International Economics

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About International Economics


International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them.

Does easing US inflation point the way for the world?

Does easing US inflation point the way for the world?
Jan 12,2023 9:21 pm

... " To the extent that US inflation slows, that s going to be helpful for the inflation situation in the rest of the world, " says Maurice Obstfeld, a professor of economics at the University of California, Berkeley and a senior fellow at the Peterson Institute for International Economics...

Modi-Biden meeting: Ukraine looms large over US-India talks

Modi-Biden meeting: Ukraine looms large over US-India talks
Apr 11,2022 12:25 pm

... Other US officials, including US Deputy National Security Adviser for International Economics Daleep Singh, have appeared to be more understanding of India s stand...

US rolls back Trump-era tariffs on UK steel

US rolls back Trump-era tariffs on UK steel
Mar 23,2022 1:05 am

... The Biden administration has prioritised domestic goals ahead of trade, said economist Chad Bown, senior fellow at the Peterson Institute for International Economics...

Ukraine crisis: What sanctions could West still impose on Russia?

Ukraine crisis: What sanctions could West still impose on Russia?
Mar 3,2022 5:05 am

... While oil and gas transactions are key to preventing the Russian economy from going " off a cliff" cutting off that lifeline risks provoking more extreme reaction by Russia, says Jeffrey Schott, senior fellow at the Peterson Institute for International Economics, a Washington think tank...

US accuses China of 'serious harm' to workers through trade

US accuses China of 'serious harm' to workers through trade
Feb 16,2022 10:40 pm

... China has bought none of those extra goods by Chad Bown of the Peterson Institute of International Economics in Washington...

Shipping disruption: Why are so many queuing to get to the US?

Shipping disruption: Why are so many queuing to get to the US?
Oct 17,2021 2:21 am

... And there s an immediate personnel problem, says Gary Hufbauer, Senior Fellow at the Peterson Institute for International Economics - the lack of skilled port workers, truck drivers and rail crew to move everything...

Oil prices jump to top Iranian general killed by US

Oil prices jump to top Iranian general killed by US
Feb 16,2020 9:44 am

... the increase is a little muted, suggesting that investors expect that the response to the killing can be curbed, said Adnan Mazarei, a senior fellow at the Peterson Institute for International Economics and former Deputy Director for the Middle East in the International monetary Fund...

Career ambitions 'already limited by age of seven'

Career ambitions 'already limited by age of seven'
Feb 16,2020 7:08 am

...By the age of seven, children are already facing limits on their future aspirations in work, according to a report from the OECD International Economics think tank...

Career ambitions 'already limited by age of seven'

Feb 16,2020 6:36 am

By the age of seven, children are already facing limits on their future aspirations in Work , according to a report from the OECD International Economics Think Tank .

Andreas Schleicher , the OECD's director of education and skills, says "talent is being wasted" because of ingrained stereotyping about social background, gender and race.

He is backing a project from the Education and Employers careers charity to give children a wider understanding of The Range of jobs available.

Social mobility barriers

Mr Schleicher says children have begun making assumptions about what type of people will enter different types of Work while they are still in primary school.

There are only "minimal changes" in attitudes towards career options between the ages of seven and 17, says The Report produced jointly by the OECD and Education and Employers.

The Report says that expectations about jobs are already in place by primary school

The Report , warning of the barriers to social mobility, says too often Young People consider only the jobs that are already familiar to them, from friends and family.

"You can't be what you can't see. We're not saying seven-year-olds have to choose their careers now but we must fight to keep their horizons open," says Mr Schleicher.

He is backing the Education and Employers' efforts to bring people from The World of Work into schools, with the aim of widening access to the jobs market and raising aspirations.

"It's A Question of social justice and Common Sense to tackle ingrained assumptions as early as possible or they will be very tough to unpick later on," says Mr Schleicher.

Light-bulb moment

The OECD education chief will speak at An Education and Employers event in London on Tuesday, where The Charity will announce plans to double to 100,000 The Network of people who go into schools and talk about their jobs and career paths.

At present there are More Than 50,000 volunteers, representing jobs from "app designers to zoologists".

Young People need to hear about a wider range of jobs and employers, says the study

The intention is to create "light-bulb moments" where Young People can see a possible New Direction and hear from Role Models .

Research for the careers report shows that Young People often have very narrow ideas about potential job options.

The Most common influences are the occupations of people in their family, the jobs they see in the media and the type of Work they see as most likely for people of their gender and background.

'Out of reach'

The findings show that in primary school, boys from wealthier homes are more likely to expect to become lawyers or managers while girls from deprived backgrounds are expecting to go into hairdressing or shop Work .

Career ambitions can often reflect The Influence of family background rather than ability

Boys from deprived backgrounds were particularly likely to want to go into careers such as sport or entertainment.

Mr Schleicher warns of a mismatch between The Limited range of aspirations and the changing demands of the jobs market.

"Too often Young People 's ambitions are narrowed by an innate sense of what people from their background should aspire to and what's out of reach," says Nick Chambers, chief executive of Education and Employers.

"The importance of exposure to The World of Work at primary age cannot be overstated," says Paul Whiteman , leader of The National Association of Head Teachers.

"The earlier children's aspirations are raised and broadened, the better. "



careers, oecd, social mobility, national association of head teachers

Source of news: bbc.com

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