Role of government and financial intermediaries in the recovery – fiscal and monetary policies. Other factors such as global cooperation among countries in helping economic recovery
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Role of government and financial intermediaries in the recovery – fiscal and
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- Governments across Europe have instituted austerity measures in an attempt to cut budget deficits which ballooned after the financial crisis. Are they right to do this at a time when the European economic recovery is acknowledged as being fragile?Examples of how monetary and fiscal policies can stimulate employment and facilitate economic growth in a country.The International Monetary Fund (IMF) and the World Bank (WB) have similarities except: a. Hold joint annual meetings b. Share joint task forces, sessions and research efforts c. Focus of the WB is development of countries d. Both focus on broadening and strengthening the economies of their member nations
- Forecasting global demand and economic growth requires an understanding of what is happening economically in countries around the globe. True or false?Identify and explain the role of the World Bank. What was it originally set up for and how does it go about its role? Use examples to assist you regarding countries with which you may be familiar.Description and substantiation of positive and negative aspects of globalization.
- The benefits of globalization in historical and relevant contextWhat are some economic policies (fiscal AND monetary) that should be enacted to stabilize the economy in Indonesia?If a country is expected to achieve its goal of becoming a high-income country, but there are various domestic and global challenges that they currently face, what economic policies/strategies should be used to achieve its goal?
- Should countries with stable economies, like Germany, be responsible for bailing out countries that have mismanaged their finances and assumed massive debt levels?In 2011, Cambodia had a GDP of $33.8 billion and a per capita GDP of $2,200. Nearly a third of its people lived below the poverty level, and average life expectancy was 62.5 years. Which of these additional factors would most support the conclusion that Cambodia is a developing economy rather than an emerging economy? A rapidly increasing GDP Decreasing illiteracy rates Increased foreign investment Lack of basic infrastructureAssistance in globalization