A comparison of two economies UAE and Australia

GRIN Verlag
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Research Paper (postgraduate) from the year 2012 in the subject Economics - Case Scenarios, grade: A, University of Massachusetts Boston, language: English, abstract: In this paper, we describe as well as compare the economies of two countries (United Arab Emirates (UAE) and Australia).We do this by effectively researching the economic characteristics of two national economies, and then selecting a limited number of critical variables which can best be used in describing their similarities and differences. We also research the critical background on the two national economies so as to explain their current economic situation while also suggesting their likely future economic states. The paper begins by presenting a general introduction to the two economies. This is the followed by a detailed and in-depth macroeconomic analysis of Australia’s and UAE’s economies.The specific variables to be compared are GDP and its components final consumption expenditure, General Government final consumption expenditure and gross capital formation,CPI and Inflation, unemployment, Interest Rates, Exchange Rates, Government Spending & Taxes as well as Money Supply. The analysis is specially illustrated and explained by means graph data spanning ten years. A discussion then follows followed by a conclusion on the better economy among the two. Introduction A comparison and description of the Australian and UAE economies is important to investors and multinationals who are interested at the country-level suitability analysis. This is because of the advantages of investing in vibrant economy and the risks associated with investing in a shaky economy. In this paper, we present a detailed comparison and description of the Australian and UAE economies with a view of coming up with the most appropriate investment destination. The Australian Economy Australia has a GDP of about US$1.57 trillion (CIA,2012).The Australia economy is valued at more than $6.4 Trillion and is the thirteenth largest national economy by virtue of nominal GDP. It is the 17th largest economy when measured by the level of PPP adjusted GDP.It comprises close to 1.7 percent of the global economy. The economy is dominated by the service sector (makes 68 percent of its GDP).The mining sector represents close to 10 percent of its GDP while the mining related economy sector makes 9 percent of the economy (Collebatch,2009).
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GRIN Verlag
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May 7, 2013
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Business & Economics / Economics / General
Business & Economics / Urban & Regional
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Research Paper (postgraduate) from the year 2013 in the subject Business economics - Trade and Distribution, grade: A, University of Massachusetts Boston, language: English, abstract: Executive Summary The existence of human beings is intrinsically dependent on good monitory machineries. Thus, if the business machineries are not efficient enough to maintain ones needs, then the existence of the entire human race is under threat. Nevertheless, irrespective of the many hardships faced by various small business enterprises, electronic commerce come in handy to render mobile commerce services more effective in today’s modern society (Reynolds, 2004). It is against this backdrop that this paper relays a detailed business case for Africana Foods and Drinks Ltd as well as layout the logical design of the business website and its initial prototype in a bid to taking full advantage of this e-commerce era. Companies that do not realize the usefulness of e-commerce will soon be bumped out of the market. In laying a general stage for the entire business case, the paper begins by providing a detailed description of the business by listing out the company name and its activities. The paper then relays the company’s vision and mission statement as well as the company goals and objectives. This is followed by the business model which relays the value proposition and the revenue model. The paper then provides a market analysis, a competitor’s analysis and carefully lays down the strategy of implementing the whole business concept. The final part of the paper covers a description of the website including its navigational and transactional aspects. The paper will then give a relevant conclusion and list the sources used and also provide an appendix.

An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today

When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue.

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