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2 pages/β‰ˆ550 words
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APA
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Business & Marketing
Type:
Research Paper
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English (U.S.)
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Topic:

Global Financial Management & Summary

Research Paper Instructions:

SLP4 Assignment Please answer the following questions in two pages and post your answer: Present the macroeconomic profile for your country. This can be obtained through http://worldbank(dot)org/data Identify such factors as inflation, real GDP growth, government spending, external debt, and other factors you feel may help or hinder the ease of doing business in your country. Explain why. SLP 4 Assignment Expectations Continue to write about the country you selected in Module 1. Write 2 pages discussing the macoeconomic enviroment of your country. Provide examples that show how this environment helps or hinders the ease of doing business in your country. List supporting references and cite sources of your research. ATTACH: Are the previous papers written before. This paper is just a continuation on the same country.

 

The United Kingdom is one of the developed countries and has the sixth largest economy as per The Gross Domestic Product.  The purchasing power parity is the eighth largest among the world's largest economies. In the 2011 census, the population projection for 2014 was 63.227 million with 53 million coming from England alone. 87% of the population is characterized by whites, 7% Asians and 3% blacks (Office for National Statistics, 2013).  

 

The official language is English-UK while the main religion is Christianity. About 11.3% of the total population is immigrants mostly from the European neighboring countries. United Kingdom is considered as the industrial hub of Europe. The country is host to the second largest stock market in the world.

The city of London is the world’s second largest business centre after New York. The income category of the UK is high income. This means that the general population has a relatively high disposable income. In business terms, it means that people are capable of purchasing general products i.e. they are potential customers to business investors.

Research Paper Sample Content Preview:
Global Financial Management & Summary
Latisha A. Pyatt-Brown
Trident University International
BUS401
WINTER 2014
Module 1SLP
Dr. Lois Hammond
29 April 2014

Inflation of the UK economy was 3.6% in 2008 with this being the highest since 2000, it was 2.2% in 2009, but this increased to 3.3 % in 2010, but then fell further increasing to 4.5% in 2011 , and reducing to 2.8% in 2012 (World Bank, 2013). Even though, the general trend of inflation tends to mirror the world economy, U.K’s inflation has been lower than the world average. The low inflation rate in the country helps to attract foreign direct investment, as the value of foreign investment is not eroded by inflationary pressures. The higher the inflation, the lower the value of foreign investment in the parent country making it worthwhile to invest in the U.K, where London is the second most active financial center in the world after New York.
Using constant 2005 prices, the UK economy contracted by 5.2% in 2009, growing at 1.7% in 2010, and 0.3% in 2012 (World Bank, 2013). Since the contraction of 2008 and 2009, the UK has experienced modest GDP growth since then, and this improves ease of doing business as this indicates an increase in production of goods and services associated with higher incomes. There are fewer unemployed people since the 2008 /2009 financial crisis, while access to credit has also improved from then. Thus, the ease of doing business has improved, but the growth is not robust enough to result a further fall in the unemployment rate.
Government spending goes into various sectors, but education sector shows the country’s commitment towards improving human resources and manpower. The public expenditure on education as percentage of GDP was 5.3% in 2008 increasing to 5.5% the following year and 6.2% in 2010 (World Bank, 2013). In the UK, School enrollment is approximately 98% and this provides opportunity for skilled manpower, and hen...
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