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

COMPARATIVE ANALYSIS OF THE GROWTH ECONOMY OF CANADA AND INDONESIA OVER THE LAST THREE YEARS - Essay Example

Comments (0)
Summary
COMPARATIVE ANALYSIS OF THE GROWTH ECONOMY OF CANADA AND INDONESIA OVER THE LAST THREE YEARS By Code+ University name Date Growth economy comparison This is a comparative analysis of economic growth of two economies; Indonesia and Canada…
Download full paper
GRAB THE BEST PAPER
COMPARATIVE ANALYSIS OF THE GROWTH ECONOMY OF CANADA AND INDONESIA OVER THE LAST THREE YEARS
Read TextPreview

Extract of sample
COMPARATIVE ANALYSIS OF THE GROWTH ECONOMY OF CANADA AND INDONESIA OVER THE LAST THREE YEARS

Download file to see previous pages... The growth rate has been attributed due to the following economic boosters. Industry accounts for the biggest portion of GDP, comprising of a forty six and a half percent of total GDP. The nation has boosted the growth of industry sector due to favorable policies that encourage investment in the sector. Within the industry sector, the most imperative is manufacturing, which constitutes and has been the main growth force with a 24 percent of the entire output. During that period started there was stable steady growth in 1st half (2010-2011), then a moderately decline to s table rate for the second half (2011-2012) of the period. Mining and quarrying segment of the industry accounts for approximately percent while construction and infrastructure account for ten percent (10%) and water supply, electricity, and gas accounted for 0.75 percent. Services comprise of 38 percent of entire GDP. Within services, the key important and lead generators and boosters of Indonesia economy are trade, restaurants and hotels forming approximately 14 percent of GDP while communication and transport constituted a seven percent of GDP. The other services contributors comprised of finance, real estate and commercial services jointly accounting for 7 percent of GDP and lastly government services at 6 percent of the GDP (Trading Economics 2013). The last sector with considerable effect on the economy is Agriculture, which accounts for the remaining fifteen percent. This page contains. For the last three years, the annual growth rate has varied from 5.43 percent to 6.9 percent; with a remarkable constant growth rate of 6.5 percent between 2011 and 2012. It is evident the second half of the period had a moderate stable economy growth having attained highest growth rate in the previous phase. Indonesian economy remained stable at averagely 6.5 for the second half of the period. This is attributed to government proper planning of priorities having suffered an economic relapse end of 2011. Globalization has a bigger influence on industry segment; this could be viewed as the propelling force of stable economic growth of Indonesia. A surge in administration spending was not sufficient to offset a hold up in investment due to global economic challenges, hurt by higher borrowing expenditures as the central bank increased the interest rate by one hundred and fifty bps for sometimes. The downward trend of economic growth in Indonesia can be attributed to economic factors affecting the world (Trading Economics 2013). Canada GDP Growth Rate Canada’s Gross Domestic Product (GDP) for the last three years has been at an average of 0.79 with the lowest rate in witnessed in the second half of the period. GDP Growth Rate in Canada is documented by the Statistics Canada. From 1961 to 2013, Canada GDP Growth Rate approximated at 0.8 Percent attaining an all era high of 3.3 and a record low of -1.8. Canada's economy is highly developed and diversified. The pillar of Canadian economy is an international trade, and US is by far the country's biggest trade partner. The9/11 effects could have played a role in a drastic drop in growth for the subsequent years. Recession has been a contributing factor in nations being cautious with the spending. Being a foreign trade based economy, international challenges affect Canada directly. Foreign trade is accountable for approximately 45 percent of the nation's GDP. Canada is among the few ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
American economy over the last two years (2009-2010)
The volatility of the American economy financial market was increasingly becoming risk prone with evidence of losses being experienced in investments made. In addition, the financial and capital markets were reacting to global economic recession as stock prices continually went down.
8 Pages(2000 words)Essay
Australian Economy over the Last Two Years
You need to review the report carefully. Ask yourself: * Where there is matching material, is there a sufficient amount to indicate that the Writer has taken the material from a source, or is it just a fragment? * If the Writer has taken material from a source, have they properly referenced it?
8 Pages(2000 words)Essay
Australian Economy over the last two years
When one views at the annals of world history, it has been clearly validated that for a nation to elevate itself to the top echelons, it has to have an optimal, strong and ever growing economy. If a country’s economy faces obstacles, and goes into a recession due to various factors in its macro as well as micro environment, it will lead to a lot of problems for the country’s functioning, its business and it citizens.
8 Pages(2000 words)Essay
Australia's Economy Over The Last Two Years
Macroeconomic policies include different rules and regulations, which the government of a country sets with the sole intention of having control over the economy (Economic Times 2013). The indicators of an economy, which are influenced by macroeconomic policies involve the aspects of money supply, unemployment rate, national income, inflation, interest rate, and growth rate, among many others.
4 Pages(1000 words)Essay
Compare SPAIN and AUSTRIA on their GDP per capita over the last three years
The economic transformation is developed by a conversed function of authentic per capita with a numerator possibly unvarying for the greatest advanced economies. Numerical evaluation of Spain and Austria on their GDP per capita over the last 3 years indicates a significantly insubstantial pattern in the annual GDP per capita percentage increase for the largest economies.
3 Pages(750 words)Essay
Republic of Irelands economy over the past three years
At that time, it experienced an economic boom called the 'Celtic Tiger'. Most people claim that this was brought about by their free markets through corporate taxation, EU membership, restraint in government spending, low cost labour markets and investments in higher education.
8 Pages(2000 words)Essay
A) How successful has the government of the Irish Republic been in running it's economy over the last three years b) Describe and evaluate the main macro econo
But during the past three years (2006 to 2008) period of rapid catch ups has ended and growth has slowed down. Labour productivity levels are high but comparatively low with previous years. Ireland remains a good foreign
8 Pages(2000 words)Essay
What has happened to the canadian economy over the last two years
How has the Canadian economy weathered the economic storm during this period of global economic contraction? What can the world learn from the Canadian economic model and has it
6 Pages(1500 words)Essay
Greek and spanish economy over the past three years
Scenario analysis will be based on observations since the last three years, i.e., from 2007. While the political aspect is judged on the basis of the performance of the
12 Pages(3000 words)Essay
Law of the Trade organisation (WTO): Dumping Issues with International Trade
the business firms are able to enforce labourers to work under extremely poor working conditions, and paid minimal basic wages; as a result, these firms are able to export their products at extremely low prices (Corden & Vousden, 2001). Dumping can thus be defined as a process
28 Pages(7000 words)Essay
Let us find you another Essay on topic COMPARATIVE ANALYSIS OF THE GROWTH ECONOMY OF CANADA AND INDONESIA OVER THE LAST THREE YEARS for FREE!
Contact us:
+16312120006
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