Retrieved January 22, 2014, from http://www.usinflationcalculator.com/inflation/current-inflation-rates/ What is Quantitative Easing?. (2014, January 14). The economist. Retrieved January 21, 2014, from http://www.economist.com/blogs/economist-explains/2014/01/economist-explains-7
Indeed over the past years, the mining boom has boosted Australia's economy by China's industrial growth which consumed 71.09% of Australia's most representative mineral exports in 2013 . While China's imports exceeds from Australia's ones, Australia's commodity imports from China only represented 18.8% and 12.7% of Australia's services exports went to China. Indeed, facts evidence the increasingly dependence of Australia's mineral exports on China's demands . Principal commodities affected by China's slowing down economy The close trade relationships and the fluctuations of China's economy are significantly influencing not only in Australia, but also in its trading partners. To become a more consumption-oriented economy, China opted painful economic reforms which simultaneously, have decreased the construction and manufacturing activity.
In comparison with Indonesia, which is an emerging market as well as being the largest economy in the South East Asia region. Indonesia has a GDP of $849.9 billion (World Economic Outlook Data base 2012) and a GDP growth of 5.78% (Wikipedia 2013). Hence the GDP per capita is $5477 (Wikipedia 2014 est.). The labour force in Indonesia is roughly 119.5 million (Wikipedia, 2012 est) and the unemployment rate is 6% (investvine 2013). Through analysing the statistics above it is evident that Australia, as a nation, is wealthier than Indonesia in terms of GDP and hence the gov... ... middle of paper ... ...mote or dissuade certain markets and the determine the direction of the economy.
Retrieved January 26, 2014, from Oxford Journals website: http://antitrust.oxfordjournals.org/content/early/2013/02/04/jaenfo.jns008.full The role of the government in the economy. (n.d.). Retrieved January 26, 2014, from Countrystudies website: http://countrystudies.us/united-states/economy-6.htm
Annual trade highlights. Retrieved from http://www.census.gov/foreign-trade/statistics/highlights/annual.html Wall Street Journal. (2014). U.S. Economy showing signs of gearing up. Retrieved from http://online.wsj.com/news/articles/SB10001424052702304428004579352472437635350
Which sense that, Sun Life earns more net income per $1 of sales than some or even most of its competitors. Sun life’s days’ sales uncollected 58.8days7 is favorable when compared to its industry’s average of 98.59 days. This means that Sun Life access its money in receivables faster than some or most of its competitors. Sun life’s equity ratio shows that the owners of the company only owns 10.18%8 of the company’s assets. Compared to its industry average, Sun Life can be rated as more favorable.
Malaysian Economic Policy and FDI BACKGROUND AND COUNTRY ATTRACTIVENESS. Malaysia is the second fastest growing economy in the South East Asian region with an average Gross National Product (GNP) growth of eight-plus percent per year in the last seven years. Since independence in 1957, Malaysia has moved from an agriculturally based economy to a more diversified and export oriented one. The Malaysian market is fairly openly oriented, with tariffs only averaging approximately fifteen percent and almost non-existent non-tariff barriers and foreign exchange controls. The open trade based economy is supported by the fact that the total two way trade almost amounts to 120 percent of the GNP (1994).
Yet, inequality between workers has risen since the last decades of the 20th century (Parks 701). For example, minimum wage is worth 31% less than it did at its peak in 1968 (Harkin 16). Recently, Senator Tom Harkin introduced the Rebuild America Act to increase federal wage to $9.80 by July 1, 2014 (Hall and Cooper 1). There will be three incremental increases in minimum wage of $0.85 for a total raise of $2.55, including tipped workers (1). The minimum wage increase will affect 3.7 million minimum wage workers directly (Sherk para.
Approximately 28% of Australia’s current population was born outside the country and the rate is almost twice that of other advanced economies. Australia’s population increases are the opposite of what is happening in other advanced economies as population growth rates have been declining over the past several years. Demographic trends are an important factor in many economic decisions and have a significant imp... ... middle of paper ... ...Summary&prodno=5206.0&issue=Dec%202013&num=&view=>. Australia's Climate Plan: Are You Serious? BRW.