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One example would be post secondary tuition rates. For example Quebec has a model of maintaining the lowest university tuition rates in Canada ($2,700 per year). In Alberta for example where I grew up, university tuition at top universities is $6,000 per year, however any loans over $20,000 are forgiven by the Province. In addtion, depending on the financial situation of students families, the addtional money is forgiven by the Province. So in my brothers case he ended up with $35,000 of student debt by the time he finished his masters degree but only had to pay back $16,000 as anything over $20,000 is automatically forgiven and then he recived an addtional 20% or $4,000 also forgiven due to family situation. In addtion, the loans were intrest free until 1 year after he graduated and started his job with the interest also being a tax write off. So for 6 years of university he ended up paying about $2,500 per year. While someone with rich parents would have to pay the full $35,000. Manitoba for example has tuition rates for doctors for example are of $20,000 per year but will forgive up to 100% of the student loans if you stay in Manitoba. For each year after you graduate and stay in Manitoba you get 10% forgiven and once you hit 10 years the entire tuition is written off. Each has is focusing on the needs of the local population and tending to the poor in a different way. |
Following on from my previous post and subsequent responses:
Miu – That was based on The Economist data. Eurostat data shows the UK unemployment rate to still be higher than Germany, and ranked 6th in the EU-28. Analysing the divergent economic trajectories of the UK and French economies, it is highly plausible that France will have an unemployment rate double that of its old adversary by the end of next year. Mousquet – The UK economy is most certainly more reactive, a legacy of the structural reforms that took place during and after Thatcher’s tenure to produce a more flexible working environment. It can hardly be described as a utopia I should add, but it is interesting to note that even when the UK economy experienced a substantial shock following the financial crisis, unemployment remained below that of France, a statistic which has been the case over the last decade. I think the ultimate problem in France is that it has yet to fully come to terms with globalisation, and the belief that it can take all of the upside (trade, investment, jobs, etc…) but none of its downsides (transparency, ease of doing business, regulatory tape, etc…). I doubt many French politicians and commentators back at the height of the bailout of RBS, envisioned that the UK economy would be growing at an annual rate of 3.0% and that France would register two consecutive quarters of no growth, struggling with very high levels of unemployment and be fortunate to meek out 0.3% in 2014. |
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As per ILO guidelines, people that are studying, suffer a disability/condition, or look after their children/relatives are classified as being economically inactive and are subsequently not included in unemployment figures because they are out of the labour market. According to Eurostat, not only does France have a higher unemployment rate and lower employment rate compared to the UK, but as per Q1 2014 figures, the ‘active’ population of France stood at 28.31mn, below the 31.29mn figure for the UK despite the smaller total population. Quote:
The present narrative is of two completely divergent economies and unless there is a yet-to-materialise seismic economic shift the UK will conceivably overtake the French economy before the end of the decade: - the UK has been experiencing multiple quarters of strong growth, massive reductions in unemployment and exceptionally strong confidence levels amongst consumers and businesses, etc… - the French economy has flat lined for the last two quarters, growth has been lacking, PMI data is atrocious, investment is down, unemployment is still far too high, etc… |
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If people are artificially declared as incapacitated, obviously they will not appear in the unemployment figures, and that will respect the ILO definition of unemployment. What's specific about the UK is the Conservative and Labour administrations have put MANY (between 1 and 2 million) people in the incapacitated category. Those same people in Germany or France would NOT be considered incapacitated. Quote:
As for the total active population, what's surprising? The UK has a very lax immigration policy, with a net migration of +200,000 every year, when France has strict immigration policies and a net migration of only +50,000 per year. It's thus not surprising that the UK has more active people (France has more toddlers and children than the UK, whereas the UK has more people from 25 to 50 than France, due to high net migration). What's surprising is that with a larger active population, the UK doesn't manage to have a larger economy than France. ;) Quote:
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And as stated in my previous posts, the UK economy is still recovering, but based on recent data, and previously mentioned points, the higher active population is one factor as to why the UK economy is booming and why it will surpass the economy of France. Quote:
The reality is that the UK economy has been growing strongly now for a realisable period of time now and is likely to continue doing so into 2015 and beyond due to the prevailing conditions and confidence. Not only that but subsequent revisions recently unveiled showed that the UK economy experienced a far softer recession (6.0% compared to 7.2%) than was previously thought, and that the UK economy surpassed its financial crisis peak last year (three quarters earlier than previously assumed). The French economy simply doesn’t have such a rosy economic outlook, what with the economy flat-lining, a stumbling deficit reduction strategy, and the poor sector indicators & confidence levels Contrast the latest revised quarterly economic growth for the UK (0.9%) with the potential 1.0% annual growth for the French economy in all of 2015. It’s worlds apart, and if anything the convergence point is drawing nearer. |
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what?
^ Uh! Hey, were you living under a heavier rock, in a cave or something? :crazy2: Germany's been all over the place for a decade or so. Gerhard Schröder or whatever the weird spelling of his crazy name butchered entire Europe. Hell, I wish that guy could've spoken French. Now their easy conservative Angela is collecting all the yummy fruits of smarter and braver Gerhard... Politics. We all know about this over here now. The local media has been constantly hammered it out like we're so tired of it. That's the fault of our pathetic retarded left wing and their legions of useless sorry technocrats and corporatist little officials hidden in their boring depressing offices that are still 50 years late on the German left wing. It's a well-known fact now.
I'll have no mercy on them. |
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Eurostat 2003-2014 http://ec.europa.eu/eurostat/tgm/tab...00115&plugin=1 --Percentage change on previous year-- If you look at the table, germany experienced -5,6% growth in 2009, UK -5,3, France -2,9. (the graphic is wrong?), the UK the next years grew much faster. It´s not all about politics, the left and right in germany are not too different to other countries in europe, they have a different culture and highly developed tech companies backing the economy,. In fact... if it wasn´t for some germany´s politicians they could be economically much stronger in Europe without the messy euro, I´m not sure if that´s something european countries should be happy about or not |
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The following chart shows the GDP recovery of the G7 since the crisis. https://fullfact.org/wp-content/uplo...etter-axis.png Source: Full Fact: https://fullfact.org/economy/uk_fast..._economy-41159 One thing to note is that New Brisavoine’s data is focused on GDP per capita, so population growth (or stagnation) plays an important part in each respective country’s performance. I haven’t reviewed the latest population and economic data combined, but it could be conceivable that with the strong economic growth of the UK and the ongoing poor performance of France, that the UK has or will later this year surpass France in GDP per capita when referring to 2007 as the base year for comparisons. We do know that since the start of the century, France has lagged behind its peers. http://www.economist.com/news/specia...s-answer-might http://cdn.static-economist.com/site...1_ELC607_2.png Source: The Economist: http://www.economist.com/news/specia...s-answer-might |
Title: Britain's bulging economy surges past France
Britain is overtaking France as Europe’s second largest economy “right now”, according to a leading think-tank, even as UK growth is expected to slow this year. The National Institute of Economic and Social Research (NIESR) believes Britain will expand by 2.5pc this year. While this is lower than its forecast of 2.9pc three months ago, and last year’s growth of 2.8pc, the think-tank believes France will grow by just 1.3pc this year and 1.6pc in 2016 Author: Szu Ping Chan Publication: The UK is overtaking France to become Europe's second largest economy, according to influential think tank Date: 5:00AM BST 06 May 2015 Source: telegraph.co.uk URL: http://www.telegraph.co.uk/finance/e...st-France.html |
mm, so what? Friend, it was expected. We knew it long before you did. Now our country, and more precisely my hometown is the shelter of the immigrants that your sorry wealthy nation is rejecting. No problem, they'll make our tomorrow wealth, and you'll be running after us, just the way you always did. Do you seriously think you still can surprise us? No. Obviously, you can't.
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3rd place is not so bad, and good luck with your immigrants, in the UK all french, spaniards, italians and poles are welcome to get a safe job and contribute to the economy too :)
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From the latest ONS figures for 2010-12 Quote:
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I can't tell how accurate that is, but it sounds close to the actual facts. Those maps show France poorer than it should be, poorer than most her northern neighbors, which is the truth we all know about. |
So yeah, this above shows an obvious and strong correlation between population density and produced wealth, that's no secret on here.
I think it also shows the relative inefficiency of systems that have traditionally overly centralized public administrations and economic activities on single spots (France and the UK), compared to more flexible and competitive federalism (Germany, Switzerland). The major economic performance in there is that of Germany that managed fairly well their reunification. Demography is yet another story though. As usual in our modern era and for various reasons, the main underperformances and disappointments come from what you could call a "Latin block" or whatever it may be on one hand, that would encompass Italy, France, Spain and Portugal, and Greece on the other. All those closely connected to one another and sharing a lot culturally and economically (e.g. France is quite involved in the Greek economy and behavior) are not accountable enough in their managements, thus too slow. That's not just a cliché, it's a damn proven fact. That's it, eh. |
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Otherwise, as far as I'm concerned, I'm rather pleased by your country's shape that would get a little bit better at the moment. That's what some say, so it may be true. Um, you know, I have no reason to hate you anyway. Every time I went to the UK, I felt welcome. But then I'm just a good boy. Not everyone is that good gentle boy... :D Now regarding immigrants, I think you guys only barely caught up on us. Did you take a look at our contemporary society? We're getting closer and closer to look like an awful mess of a melting pot. Racists won't like it, but that is nevertheless great, right? |
Brexit would shrink economy, pro-EU campaigners warn
http://www.theguardian.com/politics/...mpaigners-warn For me, the UK should stay in the EU, an exit would be a lose-lose situation, personally I´m afraid of an EU without the british common sense and pragmatism. The Euro project has already shown how fragile and senseless could be forcing an union of different interests |
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