Sunday 27 February 2011

No 184: Mr Bowen's Weekly Questions (1)

AS you will know if you are in Mr (or Captain?) Bowen's class, he produces a very helpful list of weekly questions relating to those issues you should really be reading and thinking about.

Here is the list for last week. It would be an excellent idea to spend some time testing what you already know, and filling in the gaps in your knowledge if necessary.

  1. Why does inflation pose a great threat to global growth?
  2. Is there anything governments could or should about this threat?
  3. Why does the world economy need "rebalancing"?
  4. What is the PFI? Evaluate its recent performance.
  5. Why has the IMF lowered its growth forecast for the global economy?
  6. Why is the MPC split over the future of UK interest rates?
  7. Argue as a dove then argue as a hawk. Present both arguments and try to resolve them.
  8. "The history of the UK economy since the war seems to indicate that devaluation  and inflation have been the policy options that have been mostly unsuccessful. Yet we seem to be doing the same." Comment on this view.
  9. What is causing the current high level of inflation?
To these questions I would add one more:

    10. What is happening with Barclays Bank's profits and UK tax payments?

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