Towards equitable cities: Interview with Singapore’s DPM Tharman Shanmugaratnam

“There are many dimensions to equity, and societies will feel more strongly about some dimensions than others at different times. But we should avoid reducing equity to just one thing or one statistic.

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2012 A Level H2 Economics Review: Macroeconomics Qn 5

During 2009 the Bank of England engaged in what is known as ‘quantitative easing; by pumping more than $200Billion into the economy. Record low levels of interest rates have also been maintained within the UK economy. Quantitative easing and low interest rates were also adopted by the US.

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We need to do away with GDP.

Gross Domestic Product, or more commonly known for its abbreviated form GDP, is a measure of the total value of final goods and services produced within an economy over a given time period. It is a direct measure of economic activity, and its year on year change is being used to compute measures such as economic growth.

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