In: Economics
The corona virus has hurt many economies. Europe has a combination of larger and smaller countries. There are also richer and poorer countries. Pick a large country with a weak economy that has suffered from the corona virus. This country will likely – and may already have – asked for a “bailout” or other economic assistance from the euro zone. Identify two reasons why a “bailout” would not be a good idea. And evaluate the likelihood of the country actually receiving a bailout. Go to the Wall Street Journal to find relevant discussion on this topic. Which country in the Euro zone has the highest bond interest rate on its national bonds? Why are their rates highest? Identify at least three SPECIFIC actions to lower those rates. 2. Compare the economies of Russia and India. Both are known as “emerging markets.” Both have been emerging for a long time. This is an opportunity to see emerging markets in an objective manner. Identify the two greatest strengths and the two greatest weaknesses of each country’s economy. Give detail. Show that you can analyze a business problem. Discuss the future prospects of each country as a business manager would evaluate them. How fast will their GDP’s grow? What percentage of people will live in poverty five years from now? In what business areas will they be regarded as leader? Avoid personal opinion. It is not enough to like a country. Be able to back up your analysis with facts.