Africa region's economies are severely affected by the global crisis. Policy makers across the region have been challenged with the responsibility to provide appropriate policies to address the current economic challenges. You are required using the SWAN MODEL, developed by Trevor Swan (1956) to model the Australia economy during the great depression as a guiding instrument for Africa's decision makers.
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- During the last 20 to 30 years, there have been a number of countries whose econo- mies have experienced important economic expansion and development. One group of countries has been labeled the BRIC and the other the VISTA. Identify each of the nine countries and provide some insights about their economies and economic importance.Now that you have developed an understanding of the policy tools that are available to address economic challenges, your task is to prepare material that will go towards a Policy Brief analysing Australia’s economic recovery from the COVID pandemic and building an equitable and resilient economy in the future. Imagine you are now employed as a Graduate Economist working for the Australian Treasury. Your team is responsible for putting together a Policy Brief for the department that summarises some key aspects of the government’s policy responses to the COVID-19 recession and provides policy analysis to strengthen Australia’s economy in the future. You have a very important job! Your task is to provide clear answers to the following queries that have been requested from your department manager, using the knowledge and skills that you have gained from your macroeconomics course. Your Policy Brief needs to consider the impacts of the pandemic on economic inequality. To analyse this…Now that you have developed an understanding of the policy tools that are available to address economic challenges, your task is to prepare material that will go towards a Policy Brief analysing Australia’s economic recovery from the COVID pandemic and building an equitable and resilient economy in the future. Imagine you are now employed as a Graduate Economist working for the Australian Treasury. Your team is responsible for putting together a Policy Brief for the department that summarises some key aspects of the government’s policy responses to the COVID-19 recession and provides policy analysis to strengthen Australia’s economy in the future. You have a very important job! Your task is to provide clear answers to the following queries that have been requested from your department manager, using the knowledge and skills that you have gained from your macroeconomics course. The Australian Bureau of Statistics (ABS) reports that the household saving ratio in Australia increased…
- Now that you have developed an understanding of the policy tools that are available to address economic challenges, your task is to prepare material that will go towards a Policy Brief analysing Australia’s economic recovery from the COVID pandemic and building an equitable and resilient economy in the future. Imagine you are now employed as a Graduate Economist working for the Australian Treasury. Your team is responsible for putting together a Policy Brief for the department that summarises some key aspects of the government’s policy responses to the COVID-19 recession and provides policy analysis to strengthen Australia’s economy in the future. You have a very important job! Your task is to provide clear answers to the following queries that have been requested from your department manager, using the knowledge and skills that you have gained from your macroeconomics course. 1) Fiscal policy and managing government budgets Your Policy Brief needs to provide some background…Now that you have developed an understanding of the policy tools that are available to address economic challenges, your task is to prepare material that will go towards a Policy Brief analysing Australia’s economic recovery from the COVID pandemic and building an equitable and resilient economy in the future. Imagine you are now employed as a Graduate Economist working for the Australian Treasury. Your team is responsible for putting together a Policy Brief for the department that summarises some key aspects of the government’s policy responses to the COVID-19 recession and provides policy analysis to strengthen Australia’s economy in the future. You have a very important job! Your task is to provide clear answers to the following queries that have been requested from your department manager, using the knowledge and skills that you have gained from your macroeconomics course. The large increase in Government spending to support the economy during the pandemic contributed to a large…Now that you have developed an understanding of the policy tools that are available to address economic challenges, your task is to prepare material that will go towards a Policy Brief analysing Australia’s economic recovery from the COVID pandemic and building an equitable and resilient economy in the future. Imagine you are now employed as a Graduate Economist working for the Australian Treasury. Your team is responsible for putting together a Policy Brief for the department that summarises some key aspects of the government’s policy responses to the COVID-19 recession and provides policy analysis to strengthen Australia’s economy in the future. You have a very important job! Your task is to provide clear answers to the following queries that have been requested from your department manager, using the knowledge and skills that you have gained from your macroeconomics course. c. In last year’s Budget (2022-23), the previous Australian Treasurer Josh Frydenberg announced that the…
- Now that you have developed an understanding of the policy tools that are available to address economic challenges, your task is to prepare material that will go towards a Policy Brief analysing Australia’s economic recovery from the COVID pandemic and building an equitable and resilient economy in the future. Imagine you are now employed as a Graduate Economist working for the Australian Treasury. Your team is responsible for putting together a Policy Brief for the department that summarises some key aspects of the government’s policy responses to the COVID-19 recession and provides policy analysis to strengthen Australia’s economy in the future. You have a very important job! Your task is to provide clear answers to the following queries that have been requested from your department manager, using the knowledge and skills that you have gained from your macroeconomics course. This year’s Budget (2023-24) was delivered by the new Australian Treasurer Dr Jim Chalmers in May 2023. This…Question: Advantages and disadvantages of (the country of your choice - Romania) joining the Eurozone: A model-based analysis Select ONE country (Romania) from the list of countries below. Discuss the advantages and disadvantages the country you chose would face if it joined the Eurozone. You must justify your answer by focusing on the macroeconomic variables of Croatia (which recently joined the Eurozone), the Eurozone (average) and your chosen country for the period 2011-2023 (or the latest available year). Your arguments should be justified through an analysis on the basis of 2 models - Fleming mundell model and dornbusch and frenkel models.You are a fresh graduate who is being interviewed by an investment bank for a position of analyst. In order to assess your capabilities, the bank has asked you to conduct a macroeconomic analysis. The analysis should lead to a recommendation where you recommend a country for stock market investment. More specifically, you are required to do the choosing Brasil and Argentina 1. Identify at least ten macroeconomic variables. a. Chose the variables in a way that they help you in making good recommendation. 2. Compare the chosen macroeconomic variables over the last five years. a. It is really important for you to utilize charts to show the behavior of chosen variables. b. It is probably better to put both countries on the same chart so that the reader can see how the two countries are doing against each other.
- For analysing questions about “North-South" trade, i.e. trade between industrialised and less developed countries, are Ricardian models or Specific Factors models preferable? The answer should elaborate on which properties (focus on two) of the two models are likely to be important for the analysis and end with a conclusion, three paragraphs should be enough.What does it mean to have a globalized economy? International trade is significant to all continues Countries only trade within their borders Trading only happens as the need arises Products are meant to be produced locally Which among the following statement are the benefits and ills of globalization Access to a variety of products Environmental destruction Loss of unique and individual cultures All of the above Why do goods and services move around the world faster than ever? Free trade agreements, and technological advancements Advent of global organizations Space travel Regional alliancesA developing country adopts a supply-side economic model, emphasizing policies that increase production and supply. such as tax cuts for businesses, deregulation, and incentives for investment. The theory behind this model is that boosting supply will lead to economic growth and job creation. In this scenario, the adoption of supply-side economics primarily aims to: A) Increase consumer demand and government spending B) Stimulate production and economic growth C) Implement strict regulatory controls D) Focus on short-term fiscal measures