Assignment
Write a report about macroeconomic condition of one of the Australian trading and investment partners in recent years (e.g., China, Japan, the US, South Korea, Singapore, New Zealand, the United Kingdom, Thailand, Malaysia, Germany, Indonesia, Canada, Philippines, Saudi Arabia, France, Italy and India). It is assumed that your company in Australia is going to invest in one of these countries. You are working as an Economist for the company to analyse the macroeconomic condition of the target country. You can choose any industry from the United Nations' International Standard Industrial Classification of All Economic Activities.
The report should use graphs and tables to discuss how changes in major macroeconomic variables and fiscal and monetary policies in the target country would influence your company's long-term investment decision. Based on analyses and justifications, you need to recommend to the CEO of the company if the country is a favourable one for long-term investment. The macroeconomic variables and policies that you need to consider are as follows:
- General business environment (starting a business, dealing with construction permit, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency) 8 Data source.
- Economic growth and business cycles Data source.
- Unemployment Data source:
- Average wage rate Data source:
- Human capital (e.g. higher education) Data source:
- Inflation Data source:
- Real interest rate Data source:
- Government expenditures in the economy Data source:
- Domestic credit to private sector Data source:
- Taxation policy in the target country Data source:
- Government expenditures on infrastructure (e.g., internet, road, water, electricity) Data source:
- Exchange rate regime and exchange rate fluctuation Data source:
- Two examples of monetary policies in your target country in recent years
- Effects of the Global Financial Crisis (GFC) on your target country
You do not need to present and analyse all above mentioned variables, but your set of selected and analysed variables need to describe well the target country and industry.
The report should not be more than 30 pages (double space; font: times new roman; font size: 12) and should include five sections:
(1) Executive Summary,
(2) Introduction,
(3) Analyses and Discussions,
(4) Conclusion and Recommendations and
(5) References List.