Agrarians at the gate

Article Abstract:

China enjoys a popular image as being a centralised economy under the absolute command of the Beijing authorities, but the actual power is much more dispersed, spreading to provincial and local government authorities. There is a growing disparity in income distribution between the rural and urban regions, in that there are 800 million rural Chinese living not too far above subsistence level, and modern China has not developed the political or economic framework to address the divide.

Income Distribution

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A world of Old Mother Hubbards

Article Abstract:

The author argues that record-low levels of household savings in America and Australia will contribute to unstable economic conditions in the future. Issues concerning consumer behavior, the increase of credit card financing, and unsustainable economic growth are discussed.

Australia, Social aspects, Statistical Data Included, Management, Usage, Financial planning, Personal finance, Economic development, Retirement planning, Savings, Credit

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Major major problems

Article Abstract:

The United States is said to be running foreign debt at an unprecedented rate. The state of China and United States economy is discussed.

Economic conditions, External debts

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