Wednesday, June 12, 2019
Economic Trend in Countries Like Ireland, Malaysia, Essay
Economic Trend in Countries Like Ireland, Malaysia, - Essay Examplean Institute of Economic Research, such corrective measures collapse led to an increase in most of the consumer product prices, thus raising the cost of living. Such a situation is giving inflation an upper hand, curiously with issues revolving around the cost-push and demand-pull factors being on the rise.In a report made by the Department of Statistics of Malaysia, in that respect was a noticed expansion in the rural areas Gross Domestic Product (GDP) in the 2013 fourth quarter. There is a sense of growth in Malaysia because it is demonstrating to be an economic pace-setter in the Asiatic region.The table below shows the GDP growth rate of Malaysia since 2010, expressed as a percentage. From the table, it is very clear that the last quarter in the year 2013 record an improvement of 2.4% from the previous quarter that was at 1.9%. However, TradingEconomics.com records that the total growth rate in 2013 fell to 5 .6 from 6.4 in 2012.There is a clear indicator that Irelands GDP recorded a 2.4 percent in the fourth quarter of 2013, which is due to the massive imports and a reduction in the general consumer expenditure. This is in proportion to IAB Treasury Economic Research as shown in the chart below.The Economic and Social Research Institute confirms that there are many investment opportunities in Ireland. This is because there are positive trend in the machinery and equipment purchases. The statistical calculations indicate that the trend has grown by a margin of 11 percent. In addition, there is a huge growth base in the construction industry, which indicates good improvement.Regarding Irelands expenditure, there is a massive growth in imports (stlouisfed.org). Statistically, there is a 1.0% improvement in government spending as compared to the 2013 third quarter, which was at 4.9%. The imports show a slight improvement that is 0.8% as compared to the previous quarter, which was at 0.5%. Irelands expenditure had 9.8 percent in the total exports because of a
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