Venezeula’s economy has been destroyed by hyperinflation. Assess two possible market structures that could be the ideal/ optimal structure for Venezuela’s economy to promote economic growth and development. Provide your opinion as to which is the better option
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Venezeula’s economy has been destroyed by hyperinflation.
Assess two possible market structures that could be the ideal/ optimal structure for Venezuela’s economy to promote
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- Venezeula’s economy has been destroyed by hyperinflation.Assess two possible market structures that could be the ideal/ optimal structure for Venezuela’s economy to promote economic growth and development. Provide your opinion as to which is the better optionForecasting global demand and economic growth requires an understanding of what is happening economically in countries around the globe. True or false?Global geopolitical tensions often play a pivotal role in shaping people’s perceptions of economic growth. Research shows concern about such issues can cause people and businesses to become more cautious about spending and investing, which can ultimately lead to economic recession.The recent escalation of the Israel-Palestine conflict is no different. Investors around the world are worried about the repercussions of this war – particularly in light of an already bleak picture for global economic growth.Internal and inter-state conflicts often have a significant effect on stock market indices, exchange rates, and commodity prices – sometimes even sending prices higher in the lead-up to hostilities. The longer-term economic impact is typically more complicated to assess, however. The lasting effects of even seemingly dramatic events on investor behaviour can be hard to predict.This uncertainty is reflected in the risk premium in oil markets. This is the price paid for oil traded ahead of…
- Some resource-rich countries have succeeded in converting resource wealth into longterm and equitable economic development, while many others have not. Natural resources have played a fundamental role in the growth of several industrialized economies, including Germany and the United Kingdom, where coal and iron ore deposits were a precondition for the Industrial Revolution. The United States was the world’s leading mineral economy from the mid-nineteenth to the mid-twentieth century and in the same period became the world’s leader in manufacturing (van der Ploeg 2011). More recently, countries such as Botswana, Chile, and Norway have used abundant oil and mineral resources as the foundation for economic growth. Discuss in depth, based on your understanding of the various sources of fiscal risks what complicates fiscal management in resource rich countries. Taking Zambia as a case study, suggest ways in which these risks can be managed.According to the Bangladesh Bureau of Statistics (BBS), the unemployment rate in Bangladesh is 4.20% of which 46% are university graduates. The rate of unemployment among people with tertiary level education has considerably risen. On the other hand, many foreigners mainly from India and Sri Lanka are working in various industrial sectors. This is happening because our local labor force lacks the required technical and managerial skills much-needed in this era of the Industrial Revolution. Thus, for Bangladesh to attain sustainable economic growth through the rise of potential GDP, it is imperative to improve the productivity of the workforce. a) Describe the forces that might help the potential GDP of Bangladesh to grow using the concepts of the Aggregate labor market. Illustrate your answer with an appropriately labeled diagram.b)Such an improvement in productivity and economic growth is followed by higher income and consumption. How do you think this will affect the price level and…In a developing economy that primarily relies on agriculture, the government decides to implement a series of reforms aimed at liberalizing the financial sector, including easing restrictions on foreign bank entry. What is the most likely short-term impact of these reforms on the agricultural sector's access to credit? A) Increased access to credit for the agricultural sector due to enhanced competition in the banking sector. B) Decreased access to credit for the agricultural sector as foreign banks focus on more profitable urban and industrial clients. C) No significant change in access to credit for the agricultural sector, as foreign banks have minimal impact on local lending. D) A shift in credit allocation from large agricultural businesses to small-scale farmers due to diversified lending practices of foreign banks.
- According to investopdia.com,a steady-state economy is an economy structured to balance growth with environmental integrity, seeking to find an equilibrium between production growth and population growth. This type of economy aims for the efficient use of natural resources but also seeks a fair distribution of the wealth generated from the development of those resources. Is this type of economy more plausible than continued, unlimited economic growth? Why or why not?In an increasingly connected world, countries are engaging with global markets more than ever before. As a result, global wealth is shifting towards emerging markets. This megatrend—a global trend with sustained impacts—is profoundly influencing everyday life, society, and business. globalization has lifted many developing economies—most have seen expanding industrial performance and improving standards of living, particularly so in emerging economies. The emergence of a sizeable, aspirational middle class, particularly in China, has made it an important destination for global companies. Indisputably, trends can change. Still, presently, we continue to expect emerging markets to offer significant growth potential for domestic and multinational firms. Hence, understanding international business activities, flows, relationships requires understanding the economic power shifting to emerging economies. Key analytics include who they are, how they grow, the corresponding opportunities and…In many developing nations, young women have lower enrollment rates in secondary school than do young men. Which of the following observations are consistent with greater educational opportunities for young women leading to faster economic growth in these countries? Check all that apply. There may be a small drain on existing capital as a result of lower population growth. Increased human capital increases productivity. There are external costs associated with greater knowledge in a country.
- Summarize the twelve economic pillars of (the selected country) CHILE. First pillar: The institutional environment Second pillar: Broad and efficient infrastructure Third pillar: Macroeconomic stability Fourth pillar: Health and primary education Fifth pillar: Higher education and quality training in higher education. Sixth pillar: The efficiency of the merchandise market in efficient countries. Seventh pillar: The efficiency of the labor market Eighth pillar: The sophistication of the financial market Ninth pillar: technological provision Tenth pillar: The size of the market Eleventh pillar: Sophistication of business Twelfth pillar: Innovation Use two additional sources of references and at least five (5) of the concepts to expand the information. Example: Microeconomic, Macroeconomic, Foreign Investment, Tariffs, International Monetary Fund, World Trade Organization, among others. Analyze…You have been tasked with developing a research report based on an economy of your choice anywhere in the world. The economy you select should be a growing economy or an economy that has experienced growth at some stage in its development. Present the finding of your research under the following headings. CRITICAL INDSUTRIES Identify the industry (industries) that are strategically important and critical for economic growth in your chosen economy. Provide a brief background into the nature of each of these industries and their contribution to the economy as a whole. Limit your discussion to two industries. (150 - 200 words)Prepare a Strategic Plan for the period 2022 – 2025 for a Caribbean Country of your choice. This Strategic Plan should propose a minimum of one policy objective for each of the tenets of sustainable development. Description of the economic framework (economic indicators: new and traditional); economic trends Description of the Regional context (CARICOM/CSME) Comment on the impact of globalization on the economic development of the country over the past 5 years Comment on the impact of climate change on the sustainable development of the country over the past 5 years The Strategy should cover the following sections: Development of the policy initiatives which are being proposed to facilitate sustainable economic development Explain how the policy initiatives will deliver on the objectives of the Sustainable Development Goals (SDG’s). (SDG Objectives: End Poverty; Reduce Inequalities; Tackle the Environment) Align one policy and or programme initiative with Meier’s primary goal of…