1. EXECUTIVE SUMMARY Current macroeconomic indicators | | | | |12.2009 12.2010 | | |GDP growth (percentage) -1.3 6.1 | |
Premium Inflation Economic growth Foreign exchange market
Why did Japan ’s economy boost in the 1980s? The boost of the Japanese economy in the 1980s is like most complicated historical events‚ it cannot be reduced to a single cause or reason. Indeed‚ several factors played major roles in this economical enhancement‚ including good government decisions‚ the foundation of a new education system‚ external factors such as the American occupation and the American donations after the Second World War. Lastly‚ the people’s recognition of the role they had to
Premium World War II Economic growth Economy of Japan
CURRENT ECONOMIC SITUATION 2 Introduction The current macroeconomic situation in the United States of America according to the article Economy in the United States that it is the world’s largest national economy‚ but has been going through a shaky economy. In 2010 the nominal GDP was around $14.7 trillion dollars. It also is a very high output when looking purchasing capita. The U.S. is one of the largest trading nations in the world with its
Free Unemployment Inflation Monetary policy
Economy of Vietnam By Adam McCarty Introduction Vietnam has been a country ruled by colonists‚ divided or at war for most of the twentieth century. Unification of the country in 1976 was followed by invasion of Cambodia in 1978‚ and a subsequent brief but violent war with China. This troubled history had profound consequences for economic development in general‚ and attempts to impose central planning in particular. Central planning was imposed upon Northern Vietnam in the 1950s‚ and upon
Premium Economics Planned economy Inflation
The economy of Norway has undergone growth since 2009. The economy is doing relatively stable over a decade (2002-2012)1 i.e. low unemployment rate‚ steady growth‚ low inflation etc. even in the 2008 financial crisis‚ Norway was being hit lesser than other Europe country2. There are a few highlights regarding Norway’s economy performances. Strength | Challenges | * High GDP per capita * Mild and stable inflation * Increase in money supply * Reduction in unemployment | * Appreciation
Premium Economics Inflation
Economies of scale are the cost advantages that a business can exploit by expanding their scale of production. The effect of economies of scale is to reduce the average (unit) costs of production. Economies of scale‚ in microeconomics‚ refers to the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit cost
Premium Economics of production Microeconomics Costs
Economies of scale Definition Reduction in long-run average and marginal costs‚ due to increase in size of an operating unit (a factory or plant‚ for example). Economics of scale can be internal to a firm (cost reduction due to technological and management factors) or external (cost reduction due to the effect of technology in an industry). Diseconomies of scale Definition Increase in long-term average cost of production as the scale of operations increases beyond a certain level
Premium Economics of production Microeconomics Cost
backdrop of the global economic slowdown‚ the Bangladesh economy has performed strongly over the past few years. Despite the fallout from the Euro debt crisis still contributing to an uncertain environment‚ the Bangladesh economy has pursued accommodative monetary and fiscal policies. However‚ if the global economic slowdown is much more prolonged than the current forecasts indicate‚ the impact on Bangladesh is expected to be adverse. The economy has persevered so far in the face of global recession
Premium Inflation Monetary policy
Economy is supposed to mean the stabilization of resources in a country. As of now‚ the term economy means being unstable or anarchy. The economy is struggling daily causing everyday living difficult for civilization. The deprivation of oil‚ the decrease of care towards the environment‚ and the possible recession of the United States of America economy is what keeps the economy very unstable. Currently‚ this is the worst that it has ever been and it does not look like change is in the horizon. The
Premium United States Unemployment Wall Street Crash of 1929
Economy of Singapore Singapore is a highly developed trade-oriented market economy.[10][11] Singapore’s economy has been ranked as the most open in the world‚[12] least corrupt‚[13] most pro-business‚[14] with low tax rates (14.2% of Gross Domestic Product‚ GDP)[15] and has thethird highest per-capita GDP in the world; in terms of Purchasing Power Parity (PPP). Government-linked companies play a substantial role in Singapore’s economy‚ which are owned through the sovereign wealth fund Temasek Holdings
Premium Economic growth Economics Macroeconomics