In the first part of the twenty-first century a great recession struck most of the countries in the world. The next decade has been severally impacted with the consequences of this crisis. In this atmosphere, domestic investments and foreign investments shrink. The importance of the prudent macroeconomic analysis is clear.
Identify and read at least four peer-reviewed journal articles focused on macroeconomic factors in two selected countries. Use national statistical data or data from international institutions (World Economic Forum, World Bank, International Monetary Fund). Then, respond to the following:
Select two countries and identify major economic indicators for the last 5 years:
gross domestic produce
gross national product
rate of inflation
interest rates
unemployment rate and type of unemployment
national debt
total export and import of a country
bilateral export and import between two selected countries.
Present these data in one table. Compare and contrast all factors in your essay. Write a critical analysis of macroeconomic status, reasons and consequences of selected countries.
Write a two-to-three-page paper in Word format. Utilize at least three scholarly sources in your research.
