We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Macro economics - Research Paper Example

Comments (0) Cite this document
This paper talks about the states of national economies of China and India, which are considered as two of the most prominent emerging countries in the world today. Emerging markets are currently restructuring their economies along market-oriented lines and offer opportunities in different fields…
Download full paper
Macro economics
Read TextPreview

Extract of sample
Macro economics

Download file to see previous pages... China’s main industries consist of mining iron, coal, aluminum and other metals, armament manufacturing, machine building, petroleum, textiles, automobiles, aircraft, communications and telecommunications, food processing and all sorts of consumer product manufacturing to name just a few. 1.2. Exchange rate. The official currency of the PRC is called Renmimbi which means “people’s money. It has an ISO 4217 code and symbol of ?. The Renmimbi has been traditionally pegged to the U.S. Dollar. The devaluation of the currency in 1980s to stimulate Chinese exports caused the currency decline from 1.50 in 1980 to 8.62 Yuan to a dollar in 1994. CIA reported following status of YUAN: In July 2005, China revalued its currency by 2.1% against the US dollar and moved to an exchange system that references a basket of currencies From 2005 to late 2008, cumulative appreciation of the renmimbi against US dollar was more than 20% China’s exchange rate remained pegged to the dollar from onset of global crisis In June 2010, Beijing allowed resumption of a gradual appreciation of renmimbi Source: CIA World Factbook Fig. 2. USDCNY Exchange rate Fig. 2 shows the Chinese Yuan Exchange Rate Chart (USDCNY) presenting the depreciation by 4.33 percent during the last 12 months. Source: Trading Economics.com Renminbi yuan (RMB) per US dollar - 6.7852 (2010) 6.8314 (2009) 6.9385 (2008) 7.61 (2007) 7.97 (2006) 1.3 Inflation rate. Report of Inflation in China as of March 2011 is 5.4 percent, a rise from previous 4.90. Record shows that from 1994 to 2010, the average inflation rate in China was 4.25 percent that went up to its highest rate of 27.70 percent in October of 1994 and a...
This paper is one of the best examples of comparison of the recent performances of economies of China and India. The World Bank considers China and India as emerging markets ,whose economic growth has been accompanied by even more rapid growth in their trade that will affect their relations with other trading partners.
Based on the GDP performances of China and India, it is clear that these countries have taken their lead in the economy and could rightly belong to be called an emerging economy. Its big population has been an asset instead of a destabilizing factor in the economy. China still has to resolve issues concerning its devaluation policy that many countries are against.
China has experienced rapid expansion of economy after it changed from a centrally planned system to the open market structure. In 2010 China became the world’s biggest exporter, and on the basis stood as the second-largest economy in the world after the US.
In China, a country in transition from a closed system to an open market system, government policies stabilizes its economy through monetary reforms. In India, a lot of infrastructure support for technological development is observed to become the leader in IT services. Services and industry have improved in India, but agriculture has been left behind in terms of share in GDP.
While the economies of both countries are improving, its internal effect to domestic consumption has problems. Unemployment rate is still high and poverty level must be addressed by the government. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Macro economics Research Paper Example | Topics and Well Written Essays - 2750 words”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1418226-macro-economics
(Macro Economics Research Paper Example | Topics and Well Written Essays - 2750 Words)
“Macro Economics Research Paper Example | Topics and Well Written Essays - 2750 Words”, n.d. https://studentshare.org/macro-microeconomics/1418226-macro-economics.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Macro and micro economics analysis
The organization produces Automobiles, Engines, Commercial Vehicles and motorcycles. Toyota operates in global market and the demand of every products of Toyota is highly recognized in international market place. The study will reveal the Microeconomics and Macroeconomics aspects of Toyota Camry in Indian Market.
16 Pages(4000 words)Research Paper
Macro Economics
The consumption expenditure of the society experienced a downfall through the multiplier effect. The firms in supplying goods and services are motivated by spending. The pessimistic attitude of the customers and the investors results in less spending in the economy.
2 Pages(500 words)Essay
The Canadian Dollar and the Effects of the Foreign Exchange on the Country's Macro
However, the civil war that made Americans immigrate to Canada resulted in the American dollar influencing the Canadian currency. The Canadian dollar influences the macroeconomics in Canada (Bordo, & Schembri, 2010). This currency traces its relationship with the U.S dollar during the creation of Dominion of Canada, and trade, government policies and international oil prices influence this relationship.
3 Pages(750 words)Research Paper
Macro Economics Research Paper
Macroeconomics and microeconomics are the two most general areas of economics. Macroeconomists study combined indicators such as Gross Domestic Products (GDP), unemployment rates as well as price indices in order to understand how the whole economy works.
4 Pages(1000 words)Research Paper
Macro economics
Additionally, its debt-to-GDP ratio at 120% was twice the limit allowed in the Maastricht treaty. Soon after, Portugal, Italy, Ireland and Spain made similar statements. In the last few years, all countries mentioned have implemented forms of austerity measures, experienced inflation, and unemployment has risen, slightly in some, dramatically in others.
4 Pages(1000 words)Research Paper
MACRO AND MICRO ECONOMICS Command/ Centrally-planned Economy Introduction A command economy one in which the coordination of economic activities (supply and price) are controlled through administrative means rather than market mechanisms. The economic agents particularly the production organizations operate as directed by the governments in place; the government decides which goods are produced the amount, as well as distribution.
5 Pages(1250 words)Research Paper
Macro Article Analysis
The employment rate before the 2007 and 2009 crisis appears to have not been restored and the slight increases of employment in some sectors cannot still give an assurance that the economy has
3 Pages(750 words)Research Paper
The business cycle
Explanations for the fluctuations in an economy are the key concern of macroeconomics. According to the Keynesian view a business cycle sites the possibility of
4 Pages(1000 words)Research Paper
Econ 101
Keynes was born and bred in the elite society, and as a result, he received the best education that could be. The main contribution to economics that was developed by Keynes came with the publishing of his book, “The General Theory of Employment,
1 Pages(250 words)Research Paper
Macro Economics
An evaluative study of the macroeconomic practices present in the American economy, and in concern with the real-estate business sector denotes that there are challenges that investors must consider
8 Pages(2000 words)Research Paper
Let us find you another Research Paper on topic Macro economics for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us