1. How does the Indonesian macroeconomic setting affect Citibank Indonesia’s ability to budget revenues and costs? Citibank was one of eight foreign banks set up in Indonesia, with the intention to serve both international and local customers, assist in the economic development of the country whilst sharing in potential profits and growth that the Indonesian economy could offer. For Citibank, two significant macroeconomic factors impacted the bank’s ability to budget revenues and costs:
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Macroeconomic Review While the average market may be performing well, the average American could be better off. Unemployment and household debt remain high in addition to the gross domestic product being relatively flat. However, the economy has been able to recover from the Recession, and now have record levels of output with a few million less workers! The economy may be reasonably stable at the moment, but is not kind when measured by employment levels, jobless rates, and very sluggish job growth
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International Telecommunications Society • Sydney TABLE OF CONTENTS 1 Executive Summary1-5 1.1 Methodology / Economic Analysis 1-2 1.2 Reasons for Under-Investment in the Telecommunications Sector 1.3 Conclusions 1-3 2 Overview 2-1 2.1 Introduction 2-1 2.2 Purpose of this Paper 2-1 3 Methodology 3-1 3.1 Literature Review 3-1 3.1.1 Macroeconomic statistical studies 3.1.2 Policy Implications 3-6 3-3 4 Data 4-1 4.1 Data Deficiencies for Southern Africa 4-1 4.2 Data
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these two objectives, especially in the long run, the same need not hold in the short-run. A stable macroeconomic environment - low and stable inflation, sustained growth and low interest rates - can generate excessive optimism about the future economic prospects and often the risks are downplayed. Accordingly, episodes of financial instability often have their origins in environment of macroeconomic stability. Thus, macro economic stability need not necessarily always place an economy in financial
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University of Frankfurt am Main Bachelor Seminar Business Cycle: Theory and Empirical Applications Country of interest: Netherlands Teacher: Prof. Ctirad Slavik Summer Semester 2013 Yisong Dong Student ID: 3903447 June 17.2013 Contents 1. Introduction……………………………………………………………………3 2. Data Work………………………...…………………………………………...3 2.1 2.2 2.3 2.4 2.5 Data……………………………………………………………………3 Detrending the data with Hodrick-Prescott Filter………………..……4 Basic Statistics for the detrended data………………………………...7
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Is the assumption of rational expectations sufficient to ensure policy neutrality? Expectations play a vital role in determining the behaviour of the economy. How agents respond to a policy decision is critical to understanding the size and direction of the economy. For example agents make decisions to buy/sell stocks depending on their expectations of future profits or future interest rates. Therefore policy makers should take into account the expectations of people who make choices that affect
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Macroeconomic Theory Macroeconomic Theory A Dynamic General Equilibrium Approach Michael Wickens Princeton University Press Princeton and Oxford Copyright © 2008 by Princeton University Press Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08540 In the United Kingdom: Princeton University Press, 3 Market Place, Woodstock, Oxfordshire OX20 1SY All Rights Reserved ? A catalogue record for this book is available from the British Library This book has
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The Economic Devastation in Sierra Leone The Republic of Sierra Leone is a country in West Africa. This country borders Guinea from left to right and Liberia from southeast as well as the Atlantic Ocean. Formerly, the colony was control by the Sierra Leone Company in 1792, until it became a British colony in 1808. Independence came in April 1961, when Sierra Leone opted for a parliamentary system within the British Commonwealth. Sierra Leone Peoples Party led by Sir Milton's of the led helped
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Macroeconomic Indicators from 2006-07 to 2011-12 | 2006-07 | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | GDP (in crores) | 3953276 | 4582086 | 5303567 | 6091485 | 7157412 | 8279975 | Growth Rates | 9.6 | 9.3 | 6.7 | 8.4 | 8.4 | 6.9 | GNP (in crores) | 3920042 | 4561574 | 5270644 | 6053585 | 7078512 | 8198276 | Growth Rates | 9.5 | 9.7 | 6.5 | 8.4 | 7.9 | 7.0 | Inflation rates | 6.39 | 8.32 | 10.83 | 12.11 | 8.87 | 9.01 | Exports( rate of change) | 25.3 | 14.7 | 28.2 | 0.6 |
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in the same economy. These three conditions are: fixed exchange rate, free capital movement and an independent monetary policy. A nation can only chose any two of these factors; it depends on the choice of the nation. According to results of the analysis the governments which have tried to achieve all three factors have failed badly. Impossible trinity gives the choice to a nation, to choose two among three factors which are known as independent monetary policy, free capital flows, exchange rate
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