Critical analysis of articles by economists offers an insight into the existing relationship among macro and micro-economic variables. Taking the article Rebirth of Egypt by Merit, Terence and Mark on…
Download file to see previous pages...
It highlights how the aftermath has made GDP growth rates tumbled while the inflows of foreign unswerving investments have dried out. The article also explores the failures of the government for decades during the dictatorial regime. The country has to establish conventional macroeconomics to guide in managing economic growth and economic development instead focusing on GDP and neglecting other economic concerns such as inflation, unemployment and externalities.
In their final submission, the article highlights possibility of hope for the’ New country’. Despite the challenges that the country has gone through in the last three decades leading to massive capital flight. The article underscores the need to review the economy while at the same time impose sound economic policies i.e. monetary and fiscal policies that would reclaim the country’s lost balance of payment (BOP) and country’s currency reserves. They retaliate the fact that Egypt as a country still can create a favorable environment for economic growth and entrepreneurial change.
One key issue that the article explores according to my understanding is the link between civil war or the revolutions and their impact on macroeconomic policies and objectives such as economic growth of the country. It is essential to analyze the impact through domestic investment. The capital stock of any given country epitomize its accumulated stock of machineries, firms that are there in the country at any point in time, and this are what adds to productive power in the economy. If capital stock rises so will economic growth at its all-time high. According to neo-classical economists capital stock, originates from investment and depreciation. Egyptian revolution affected capital stock in two ways. First it reduced the existing stock of capital since during the period of revolution roads, ports and factories were destroyed. Secondly, the level of capital stock is affected by investment that must
...Download file to see next pagesRead More
It is therefore vivid to note that the government should always control employment by creating more jobs to the unemployed. It is fundamental to note that importation always has adverse effects on the level of unemployment. This is because countries that rely mostly on imported goods reduce the development and expansion of the local industries in the country (Carbaugh 2008).
The decisions made would enable the monitoring along with control of the monetary and economic conditions so that the country continues experiencing growth that is sustainable and inflation rates that are low. In the article, the Governor makes the observation that the European continent has experienced weak monetary with their future values still appearing to continue falling in the future.
Macro & Micro economics Contents Contents 2 Introduction 3 Causes and Mechanisms of the collapse of the world trade 3 Current Trade Policies in Response to the Global Recessions 7 Policy responses on negative impact on the trade balance were implemented in the UK 8 Effectiveness of the EU trade policies in the long run 9 Conclusion 11 References 12 Introduction The Great Depression was one of the most severe economic downturn that the world faced during the twentieth century in the pre-World War era.
The businessmen are hesitant to hire and invest whereas the consumers are hesitant to spend because of uncertainty about their prospects. When an investor has to decide whether to invest in a new product or other facility, with the success of his decision dependent on future revenues and costs, there is bound to be an irreducible element.
Macro-management, of itself, is not the key ingredient in the process; rather, the essential building blocks have been trade liberalization, the opening of the capital account, the floating of the dollar, and the attempts at broad-ranging micro-economic reform, as yet incomplete.
In order to efficiently use the eBay online market, the system has sorted the different items that were placed for selling on different categories. This would make searching items easier. The system also
Then the potential earring from that activity would be considered as the opportunity cost of taking courses.
The production possibility frontier is based on two constraints: the set of factor endowment and the technology. If there is an increase in either of the
The article documents the past focus of the federal government on inflation as the sole and greatest cause of macroeconomic problems. In recent times however it has become apparent that the problem is no longer inflations but more to
The UK economy is seen to be gradually emerging from the situation of economic turmoil. The attention of the government is now shifting to make it more sustainable, resilient and stable economy (Crown, 2014; OECD, 2013). In
5 Pages(1250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic International Macro Post for FREE!