In comparison to the United States, Germany has a very similar infrastructure, productivity, and overall policy structure. The key difference is the US economy is less dependent on other economies and is not directly tied to them by policy. The European Central Bank at times works in contradiction with individual countries as its goal is overall European economic growth but other member nations may have other concerns.
When studying Angola’s inflation rates and economy structure it is important to understand the inherent challenges faced. Unlike the US, Angola has a poorly developed infrastructure that makes moving goods and equipment difficult and costly. Most of Angola’s industrial sector is underdeveloped and reports of corruption are high (Barros). Also Angola suffers from an inefficient trading system with her African neighbors. Each side is required to first exchange their currencies into a third party foreign currency, like the US dollar, then they can conduct business. This makes transactions complex, time consuming, and expensive. Examples like...
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...al and social continuity. On the other side, both Uruguay and Angola are developing countries and have poor infrastructures that have been prone to political corruption and social unrest. While these conditions play a part in high or low inflation rates they are not the only factors. Each country is dealing with unique circumstances that are helping or hindering their economies and impact inflation rates. Inflation rates are a byproduct of an economy and in some ways can give an indication if the economy is healthy. Inflation rates adjust over longer periods of time allowing any number of factors to change. So trying to take direct action against inflation may not be the best policy. Instead working on issues of infrastructure, trade restrictions and tariffs, and efficient productivity may have a greater impact on the lowing and stabilizing of inflation rates.
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