African Economic Outlook. Historically‚ from 1980 until 2011‚ Nigeria Current Account to GDP averaged 1.2 Percent reaching an all time high of 37.9 Percent in December of 2008 and a record low of -18.7 Percent in December of 1986. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually‚ countries recording a strong current account surplus have an economy heavily dependent on exports revenues‚ with high savings ratings but
Premium Balance of trade Balance of payments Macroeconomics
Economics Date 27 June 2013 Taimur Baig‚ Ph.D Kaushik Das India Economics Weekly Overshooting rupee: dark clouds and silver lining Balance of Payments update (Jan-March’13). India’s current account deficit (CAD) moderated to 3.6% of GDP (USD18.2bn) in Jan-Mar’13‚ from a record high 6.7% of GDP (USD31.8bn) in Oct-Dec’12. A substantial narrowing of the trade deficit (USD45.6bn in Jan-March vs. USD58.4bn in Oct-Dec) and further improvement in net invisibles (USD27.5bn vs. USD26.6bn) drove the outcome
Premium Balance of payments Balance of trade
THE THE MIST COUNTRIES – Mexico‚ Indonesia‚ South Korea & Turkey: Are MIST countries becoming the new BRICs?: For many investors‚ Mexico‚ Indonesia‚ South Korea and Turkey have taken over from the BRICS becoming the four biggest emerging markets‚ and growing faster than their major rivals. BRIC inventor Jim O’Neil from Goldman Sachs proposed the new term MIST term for Mexico‚ Indonesia‚ South Korea and Turkey‚ which are the four biggest markets in the Goldman Sachs N-11 Equity Fund. The
Premium Inflation Monetary policy Macroeconomics
smuggling. It has its own repercussions that will affect the economy. CRL Narasimhan once wrote‚ “However high the tariff walls might be it will not be possible to reduce the demand for the metal within India. Only‚ instead of legal imports‚ the trade will shift underground with its attendant deleterious consequences for the economy and even the society at large as past experiences with gold control proved.” Some issues might seem to have huge impact on a larger scale. But when looked closer‚ the
Premium International trade International trade Bretton Woods system
society will benefit most when business is left alone to produce and market profitable products that society needs. 19. socioeconomic model-business should emphasize not only profits but also the impact of its decisions on society. 20. trade deficit- a negative
Premium International trade Balance of trade Ethics
Global Business Cultural Analysis: China Terry Lushbaugh BUSI 604 International Business Liberty University Abstract The following examines the nation of China and its trade relations with the world‚ particularly the United States. The focus is primarily on China’s culture and how it impacts business dealings with other countries. Areas examined include: Religion‚ Management Philosophy‚ and Business Etiquette. Also discussed is China’s growing status as a world super power and how that
Premium United States International trade China
may eliminate some or many of those time-consuming and expensive tools of litigation. 2. Globalization makes rich countries richer and poor countries poorer. Do you agree? 3. Some people paying money for the things thay want or need. Other people trade products or goods for what they need. Compare the advantages of these two ways of obtaining things. Which way do you prefer?( phai the hien duoc ngay tren mo bai). Trading goods or products: Beneficial mainly when you have an excess of something and
Premium Foreign exchange market Balance of payments Bretton Woods system
MORGAN STANLEY RESEARCH December 5‚ 2012 ASEAN Big Debates: 2013 Key Investor Debates Likely to Drive Stocks in the Upcoming Year Although ASEAN’s growth story remains resilient‚ global macro conditions keep generating new debates. Our ASEAN research team has thought through the ASEAN outlook in the context of global growth and policy volatility to bring to you the ASEAN Key Debates for 2013. Indonesia Economics ........................................ 6 Indonesia Equity
Premium Balance of trade Stock market Balance of payments
guidance at several points in the development of the project‚ and David Brauer‚ Justin Falk‚ Juann Hung‚ Jonathan Huntley‚ and Mark Lasky reviewed various drafts. Outside CBO‚ Judith Dean‚ Michael Ferrantino‚ and Zhi Wang‚ staff of the U.S. International Trade Commission‚ and Morris Goldstein at the Peterson Institute for International Economics provided comments. (The assistance of external reviewers implies no responsibility for the final product‚ which rests solely with CBO.) Leah Mazade edited the paper
Premium Foreign exchange market International trade World Trade Organization
Vol. 6‚ 2012-46 | November 29‚ 2012 | http://dx.doi.org/10.5018/economics-ejournal.ja.2012-46 Are Current Account Deficits Sustainable? New Evidence from Iran Using Bounds Testing Approach to Level Relationships Hassan Heidari Urmia University Salih Turan Katircioglu Eastern Mediterranean University Narmin Davoudi Islamic Azad University Abstract This paper provides new evidence on the long-run relationship between exports and imports of the Iranian economy by employing bounds testing
Premium Econometrics Balance of trade Macroeconomics