Inflation rate

The aftermath of the Vietnam War left a lasting affect on American culture. This was the the longest and most debilitating war for the United States and changed the U.S. forever. There was overwhelming protest and debate on the war and it divided the country and its leaders on the uncertainty of foreign policy. My mother was just a child during the war itself but her family experienced the aftermath of the war economically, socially and culturally. The Vietnam War damaged the U.S. economy,…

indicators: GDP, inflation rate, Labor Force Participation Rate, etc. These are all important indicators on how the economy is doing, but I believe the two most important indicators are the ones that the public doesn’t hear too much about. Interest rates and LIBOR. Interest Rates can range from rates on U.S. Treasury Bills, Federal Funds Rate, the Discount Rate, etc. LIBOR is definitely something the public doesn’t know too much about. LIBOR stands for London Interbank Offered Rate. It is the…

conventions and creates new structures. If people try to keep old structures, then economy will slow down. The chapter 9 talks about how to “keep(ing) score” in economy. GDP is the total value of all goods and services produced and it explains inflation. GDP per capita beans GDP / Nation’s population. Consumer spends less when they face a shock in their income. Also, the government can encourage the economy by cutting taxes. There are several signs that indicate the economy’s condition.…

uses this article to discuss the thoughts and ideas of the Bank of England’s Governor, Mervyn King, concerning the future currency rates from around the world, especially being used competitively by nations, in a global attempt to stimulate economic growth and stability. Hilsenrath, wrote this article in order to give an idea of what to expect concerning currency rates and the future of the global economy. Hilsenrath, begins this article by stating that the Bank of England’s Governor, Mervyn…

1997 Asian Financial crisis is the structural weaknesses and inadequate monetary policy by Asian governments. This paper will discuss three important central bank institutional features - central bank independence, central bank transparency and inflation targeting – and examine whether these features changed after the financial crisis and their impact in terms of helping Asian economies transform into healthier situations post-crisis. 4.1 Central Bank Independence Prior to the 1997 crisis,…

Japan has now been ranked as the third largest economy in the world. This status definitely did not come easy, as for several decades Japan suffered from low growth rates and deflation, with very little signs of economic recovery. In addition, several unfortunate events hindered Japan’s growth even further. Such events included the global economic recession in 2008-2009 which negatively affected several countries around the world, hence resulting in a decline for Japanese exports on the global…

Canada is one of the wealthiest nation in the world, it has a Gross Domestic Product (GDP) that was worth 1786.66 billion US dollars in 2014, which ranks 14th worldwide. The GDP value of Canada represents 2.88 percent of the world economy. GDP in Canada has continually increased year to year, with the exception of 2008 to about 2010. Canadas average GDP is 581.41 USD Billion from 1960 until 2014, reaching an all-time high of 1838.96 USD Billion in 2013 and a record low of 40.77 USD Billion in…

2.4 Relationship between Financial Development and Economic Growth Financial growth is the change in the financial system regarding size and structure. Nonetheless, financial deepening expresses the share of the money supply of national income, and it becomes a standard of economic development and financial instrument variety (Saltoglu, 1998). Mercan and Gocer (2012) work on the panel data analysis using the annual data for the period from 1989 to 2010. They establish that the impact of…

achieve a stable economy as it grows; although as this increases it affects interest rates. The monetary policy is maintained by increasing or decreasing interest rates, and changing the amount of money banks are required to keep in their vaults. According to Investopedia there are two parts to the monetary policy, the expansionary, and contractionary. The expansionary stage is focused on lowering overall unemployment rates by increasing the money supply, also intensify consumer spending to…

products), Pharmaceutical and Medical Devices. The United States of America Money Policy According to the dictionary of business and economics terms, Monetary Policy can be defined as the efforts of a nation’s central bank aimed at influencing inflation rates, economic growth, and interest…