of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission. Comments and enquiries should be addressed to: European Commission Directorate-General for Economic and Financial Affairs Publications
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Deficiency of infrastructure and macroeconomic volatility may deteriorate country’s export performance. In addition, poor governess, resources endowments and degree of technology affect overall performance and export competitiveness of an economy. The geographic position of a country, cultural similarities and its relation with the trading partner also influence the export performance of a country. A study conducted by Amador and Cabral (2008) using constant market share analysis of Portuguese economy for
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consumer spending. A broader look at the state of the economy reveals that the economy is headed for a recovery. Most core sections of the economy have begun to register growth meaning that soon the economy will bounce back (United Nations, 2010). Macroeconomic Snapshots and Forecast Several surveys have been conducted to determine the financial situation of United States. Executives' sanguinity about the budget has continued to propagate over the past months, rendering to the outcomes of a McKinsey
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Inflation and unemployment were not improved by monetary policy Abstract The global financial crisis made a long term negative effect on the economy all over the world as well as New Zealand. GDP and inflation decreased with a high level of unemployment rate. This essay is going to discuss the effect of the actions from reserve bank. According to their response, the IS-LM, AD-AS and Phillips models will be used to analyze the effect of change in OCR on economic activities. Furthermore, some
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Summary Report Executive Summary After analyzing PEST analysis of Indonesia and Saudi Arabia, I came to know it has some advantage and disadvantage in term of legal policy, economic factor, social, geographic and technological factor. Although GDP growth rate, labor force, and lending interest rate are more in Indonesia, they have unstable central government, huge population, high inflation, persistent corruption and natural disaster. Indonesia’s investment climate ranks poorly in international
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EVOLUTION OF EXCHANGE RATE REGIME: IMPACT ON MACRO ECONOMY OF BANGLADESH by Liza Fahmida A project submitted in partial fulfillment of the requirements for the degree of Professional Master in Banking and Finance Examination Committee: Dr. Sundar Venkatesh (Chairperson) Dr. Juthathip Jongwanich Dr. Yuosre Badir Nationality: Bangladeshi Previous Degree: Master in Finance and Banking University of Dhaka Bangladesh Scholarship Donor: Bangladesh Bank Asian Institute of Technology School
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Chapter 15, Question 14 According to the Bureau of Economic Analysis, one of the major limitations of national income accounts is that it ignores the importance of nonmarket production in the household, for example, meal preparation, cleaning, laundry, and childcare. Therefore, when these activities are ignored in the market, the value of production is overstated due to the decline in nonmarket production. Another limitation is the gray market and illegal activities, such as production and
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Chapter 16, Question 6 According to Stone, hyperinflation occurs when the inflation rate is extremely high and this high rate can have a devastating effect on the economy (436). These increases happen quickly and happen because it goes unchecked. The inflation rates in under hyperinflation usually go to 100% rate to as much as 1000% (economicshelp.org). What causes hyperinflation could be excessive government spending of tax revenue (high deficits) along with printing of money to finance these
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politics were the main causes. Considering the estimates of the United Nations Conference on Trade and Development (UNCTAD), by the end of the year 2013 FDI will have reached a level close to the 2012 level. With the gradual improvement in macroeconomic conditions globally will increase investor confidence in the medium term, "transnational corporations (TNCs) could convert their record levels of cash holdings in new investments. FDI flows could then reach the level of 1.6 billion dollars in
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development. He listed out events and reformations paragraph by paragraph. This section help the readers better get their ideas into shape. In order to make a strong argument, Kuotsai Tom Liou provided few forms while he was talking about China’s macroeconomic structural reformation. Next, the author dug in-depth and discussed about the four major strategies implemented that readers should focus on. The four major strategies are: the contract responsibility system, the dual price system, special economic
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