StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

A Commentary or Analysis on Recent Economic Issues - Essay Example

Comments (0) Cite this document
Summary
This essay talks that a Commentary or Analysis on Recent Economic Issues in 2005, world economy reached its zenith and the gross world product increased by 4 percent compared to 2004, with a forecast of 3 ½ percent. Growth in the developing countries was fast in the last two decades. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.5% of users find it useful
A Commentary or Analysis on Recent Economic Issues
Read Text Preview

Extract of sample "A Commentary or Analysis on Recent Economic Issues"

Download file to see previous pages As the report declares the higher growth in 2004 reflects, that there has been collective progress in economic conditions except in the South Asian and Common Wealth Countries, where growth slowed down, yet remained at 6 and 7 percent. The growth in majority of the developing countries occurred in the manufacturing, with continuous growth in 2005. In the developed countries the economic performance remained mixed. North America growth was strong, with moderate growth in Japan, however pace remained slow in Europe, with the exception of new EU members.
This essay stresses that the world economy has slowed down due to a number of reasons, with basic reason being the sudden and un-expected shocks in 2004, such as Tsunami in Asia and the latest stun is the increase in oil prices by 60 percent in first ten months, although it eased at the end of year. A much greater surprise was the fluctuating exchange rate among difference currencies with Euro and Yen appreciating by 14 and 11 percent respectively. And the last surprise was the increase in commodity prices due to increase in oil prices, especially in developing countries. However the picture of world economy is not as rosy as it seems in figure. One major problem in today’s world economy is unemployment and the under employment which is prevalent in developing counties. Unless unemployment is reduced, it is hard to reduce poverty. The East Asia, the fastest developing region is facing the problem of un-employment. ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“A Commentary or Analysis on Recent Economic Issues Essay”, n.d.)
A Commentary or Analysis on Recent Economic Issues Essay. Retrieved from https://studentshare.org/macro-microeconomics/1535661-a-commentary-or-analysis-on-recent-economic-issues
(A Commentary or Analysis on Recent Economic Issues Essay)
A Commentary or Analysis on Recent Economic Issues Essay. https://studentshare.org/macro-microeconomics/1535661-a-commentary-or-analysis-on-recent-economic-issues.
“A Commentary or Analysis on Recent Economic Issues Essay”, n.d. https://studentshare.org/macro-microeconomics/1535661-a-commentary-or-analysis-on-recent-economic-issues.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF A Commentary or Analysis on Recent Economic Issues

Economic Commentary

...ECONOMIC COMMENTARY Introduction. Free trade is based on demand and supply. Protectionism (McDonnell, 1987) is based on survival. One cannot live without the other. The paragraphs below will expound on these two terminologies. Body: Definition of Protectionist Policy. The United States and the European Union member states are bent on filing a trade case against China for not implementing the ten percent capital. China feels it has the right to protect its local industries against the flooding of low priced imported spare parts that are definitely of higher quality than the local Chinese brands. In the same token, the Chinese customers would prefer to buy higher quality imported spare at prices with the lower ten percent tariff. (wieso...
3 Pages (750 words) Essay

Recent Global Economic crisis

have stories to share with my off springs, whereby, I can tell them that I have seen the world economy booming as it has been over the past few years, and then see it moving down into deep recession somewhere from the mid of 2007. I seek tremendous interest in economy and economics, and this kind of a mega event is truly something that will not be forgotten in the books for a long time.
My aspiration for this ‘mess’ comes from the times when I read about the Great Depression in various text books, saw pictures of those times, read analytics and various texts related to the strategies that led to it, how the affected and concerned people and groups tried formulating strategies to move out of the ‘mess’, the failing strategies,...
24 Pages (6000 words) Essay

Analysis and commentary

France’s Identity discussion France’s debate over the identity of its citizens has raised much concern among its citizens. The position taken by France’s president that the debate is a healthy discussion that teaches citizens what France identity entails has not been welcomed by a section of some politicians and other Muslim leaders. Those opposed to the discussion claim the discussion is odd, cynical and aimed at promoting the integration of traditional Franco-French values or immigrants (Erlanger). On the other hand, its proponents claim that the identity policy enforced by the government is out to promote the French shared qualities and values which includes; fraternity, liberty, equality, secularism and liberty.
The discuss...
1 Pages (250 words) Essay

Contemporary Issues in World of Politics Climate Change Policy

It is more than a particular problem of any specific community. In fact, climate change has a wider global nature compared to other environmental issues and it affects the people of every nation and boundary. Therefore, the issue of climate change has a far wider reach than the other environmental issues and it is an issue concerned with almost all the international communities. It is identifiable that national boundaries may attempt to prevent the movement of people and goods across the boundaries of the nation. However, when it comes to pertinent environmental issues such as climate change, these issues do not stop at borders, making them – some would argue – quintessentially global phenomena. “Climate change i...
6 Pages (1500 words) Case Study

Issues Connected to Human Resources Management

Notably, management professionals would agree, HRM system is an integration of various management practices with ‘people’ at its prime focus (Jackson, Schuler & Werner, 2008); and, the common factor between business organisations and educational institutions is ‘people,’ although their goals differ. This could be one main reason for attempting to implement HRM in educational institutions, although it is customized to organisational benefit.

Halachmi’s (2002a) extensive analysis on performance measurement clearly indicates the need for performance measurement in order to achieve the goals; and, it, in turn, establishes targets aligned to organisational goals and expectations; makes evalu...
8 Pages (2000 words) Assignment

Economic Models: The Free Market and The State Owned System

The free market concept is mainly a theoretical concept as every country, even capitalist ones place some restrictions on the ownership and exchange of commodities (Free market economy). Therefore, the term free-market economy primarily means a system where the buyers and sellers are solely responsible for the choices they make. It gives the buyers and sellers the power to do business without being afraid of any regulations and intervention by the state. Hence, a free market gives the absolute power to prices to determine the allocation and distribution of goods and services (Free Market Economy). The pricing mechanism is in turn, driven by the forces of demand and supply of goods and services. Demand and supply of...
9 Pages (2250 words) Case Study

Economic Analysis on BMW Cars in the US Car Industry

Mini and the 1-series rapidly grew at a much higher rate through 2008. Since the early days of the new millennium, BMW has been one of the first automakers to utilize flexible factories in which more than one vehicle model could be produced at the same time. This enabled the company to meet shifts in market demand more effectively than BMW’s competitors could. BMW challenges to retain its market position in the international market for luxury cars. Many automakers, such as Hyundai with its Genesis sedan or Nissan's Infiniti brand are increasingly successful in realizing higher margins earned on luxury vehicles. BMW is rated behind luxury brands such as Lexus, Porsche, Mercedes, and Infiniti for these reasons

1. Th...
7 Pages (1750 words) Case Study

Issues of Moral Philosophy

After the stimulus of the sensation has passed, there will remain a fleeting image or “fading relics of sensation” (Oakeshott, 1981: 249); these fading relics of sensation are called images or ideas. When we become conscious of images, it is called imagination. And when we try to recollect these images it is called memory. Being such, the whole gamut of human experience is made up of his/her entire memories. The succession of images in the mind is called mental discourse and it may be haphazard or regulated. Prudence is the recollection of past memories combined with present experience, thereby allowing human persons to associate, predict or anticipate others or even events. In this sense, prudence is natural wisdom an...
8 Pages (2000 words) Assignment

HRM Issues and Diversification Strategies of Nucor Corporation

The cyclical nature of the steel industry is too demanding for numerous business owners. Nucor has undeniably come through this business cycle to sustain an affirmative profit edge in each quarter since 1966 (Boyd & Gove, 2000).

In spite of their discouraging entrance in the steel industry, Nucor Corporation has become a benchmark for both the U.S. steel industry and the U.S. industry in general. It is one of the fastest-growing and most resourceful steel producers around the globe. Regardless of the decreasing demand for steel, Nucor’s expansion has been exceptional; the company is among the top producers of steel in the U.S. Without a Research and Development department, Nucor has constantly accomplished techno...
7 Pages (1750 words) Case Study

Analysis of Employement Law Cases

For instance, Section 82(1) of the Sex Discrimination Act 1975 provides statutory protection to workers who are working under a contract personally to execute any work or labor. It also covers self-employed people2.

Other statutes, such as the Working Time Regulations 19983 and the National Minimum Wages Act 19984, are appliable to workers, in addition to employees5. Hence, all these rights and protections are available to Fred, even if he were to be deemed a self-employed person.

Some of the more important rights bestowed upon employees by the employment law are the right to claim wrongful or unfair dismissal and payment for redundancy. Other legislation, such as the health and safety statute and the insolve...
7 Pages (1750 words) Case Study

The 1846 Invasion into Mexico by the U. S.: The Political and Economic Forces that Brought about the Invasion

Some of the territories led to a war with Mexico from which the United States emerged victorious, expanding its territories and decisively establishing its dominance in North America.

President Andrew Jackson led an example of an administration that set the stage for the way in which James Polk would lead. In 1817, as a still yet military leader, Jackson led the United States into the first of three conflicts with the Seminole Indians from which the acquisition of Florida from Spain would be negotiated and finalized. The situation with Spain was tenuous and should have been dealt with in a diplomatic and cautious manner, but in 1817 President Monroe wrote a letter to General Jackson stating that “Great interests...
8 Pages (2000 words) Article

Analysis of the Oil Industry

In 2001 alone, the US reported earning from the industry close to two hundred billion US dollars. According to a previous study, the middle east tops the list as the largest exporters of crude oil taking over sixty-six percent of the global production of oil. Europe is the least producers of oil taking only two percent of the market share (Green, 4).
According to the American Association of Petroleum Geologists, the major problem facing the industry is lack of workforce and the increase in demand for oil. The report indicated that by 2030, the world’s oil demand is expected to increase from one hundred and three to one hundred and thirty million barrels per day. Natural gas, on the other hand, will expectedly increase t...
7 Pages (1750 words) Coursework

CNN Inernal and External Analysis

There are quite a few news channels serving the American news-hungry people. When it is not reading the news, CNN offers critiques and insights into news items
Coming to brass tacks, CNN was the first US Cable Channel which offers 24 hours round the clock news. “It operates one of the top 24-hour news channels, reaching more than 100 million US homes. In addition to its flagship channel, the company offers HLN (formerly CNN Headline News), and it has an international division that keeps viewers informed in about 200 other countries.” (Cable news network Inc: Company description, 2010).

Perhaps one of the most conspicuous aspects of CNN is that it has an excellent contact network and reporters on the spo...
8 Pages (2000 words) Case Study
sponsored ads
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.

Let us find you another Essay on topic A Commentary or Analysis on Recent Economic Issues for FREE!

Contact Us