US, Canada, Japan and the United Kingdom: A Comparative Analysis of Economic Measures

In comparison with other competitive countries, Britain’s economy was also lagging behind. One aspect was that Britain’s GDP growth rate was the lowest in Western

The Canadian economy today is at an all-time high with higher economic growth and rising GDP Canada is seeing great changes in the economy. The GDP increase by 1.1 percent in just the first 3 months of 2017. Canada is quickly recovering from the decline in oil prices that significantly slowed down the growth of the Canadian GDP. Because oil plays such a major role in the Canadian economy this had a huge tole on the overall GDP of this country. But, as the country approaches an increased GDP the energy sector does not seem to be hindering the GDP any longer. With the price of oil and gas going back up this has significantly increased the GDP of Canada due to the large amount of petroleum that Canada produces.

Today I 'm going to be comparing and contrasting Australia to China economy by economic growth and quality of life, employment, and unemployment, distribution of income and environmental sustainability.

The U.S is a highly developed with a superior developed infra structure, productivity ranking, and backed with an abundance of natural resources. The U.S. trading partner Canada is adverse and developed economically and also relies on the natural resources it possesses. The Rankings for the U.S is in the upper echelon and Canada is in the bottom tier last in the G8 (group of 8). GDP median for Canada a little over 29,000 and for America is well over the 36,000 mark resulting in the rankings as they are.

In my comparison, I will use France, Japan, Sweden and Canada, which rank 1st, 10th, 23rd and 30th, respectively. France tops the WHOs list for health rankings and has universal healthcare largely financed by the Government and approximately 77% health expenditures are government funded. The most notable difference in the French system in contrast to the United States is cost regulation. In France healthcare costs are regulated by a governmental

Canada fared much better than was expected while other countries throughout the world declined and fell into a recession. There are nine specific key indicators that are important to consider when talking about Canadian economy. These are employment, unemployment, composite leading index, housing starts, consumer price index, real gross domestic product, retail sales

All three countries took a hit to GDP growth in the 1970’s due to the oil price shocks and more recently the global financial crisis has stunted growth in the past four to five years. Both Australia and China were able to avoid falling into a recession but the United States was not so fortunate (see Figure 2).

In these ten categories that I’m giving you, there are some similarities and some differences between Canada and Japan. 1. Urbanization, living areas, and housing. Canada and Japan are both very urban countries, because 90% of people in Japan and 80% of people in Canada live in urban areas. 90% of people in Japan live in coastal areas, which

The United States of America is one of the world leading economic powers in the world. The question is, how does the Unites States compare to other nation powers.Australia ,Cananda , China and Britain are just a few of the nation powers that can compare to the United states. This report will focus more one of the main rivials to the United States and that is Japan. Here is just a sample of Japans Numbers for 2004 compared to the United States. Unite States GDP growth is 4.30% ,unemployment is 5.60% and Inflation Rate is 1.90%. In Japan the GDP growth is 4.50% , unemployment is 4.60% and Inflation Rate is -.04%. . I think this is an important perspective because we really do live in a global

Technology has always been advancing through history. From sticks and stones to planes and cars. Technology, in our society, tells us how strong a nation is. It also shows us the struggle other nations go through to get to where they are. Japan is one such country, it was able to advance through war, competition with other nations, and having the material to do so.

     Over the past few years, Canada's economy has done comparatively well and has demonstrated some resilience to the fluctuating global economy. However, Canada remains to be relatively less competitive with respect to other developed countries. In this paper I will attempt to take a closer look at Canada's position in the global economy today and examine the relevant issues.

Canada is a great country with many tourism, job opportunities and a great economy, but is it the best, well,Canada, in my opinion is a great place to live, probably the best place in the world because Canada has a great immigration system, making it easy for people outside of the country to get in, Canada is also a very diverse country with many ethnic enclaves.Canada is also a very sustainable country and Canada is filled with many natural resources, making Canada one of the wealthiest countries in the world.

George Bernard Shaw, a nobel Prize for Literature in 1925 once said, “If all the economists were laid end to end, they would not reach a conclusion” (Mankiw, 1998: 34). Yet, an economic comparison between the United Kingdom and the United States could still be made to distinguish the country with the better economic growth performance. Important indicators when comparing economies is economic growth rate, which is a measure of the yearly rate of development rate of GDP using the market prices (Ros, 2013: 26). Another indicator is the GDP, which is defined as the total amount of goods and services produced in a country per year (Mankiw, 2009: 521). Also, the inflation rate is used, which is a continuos increase in the prices for goods and services in the consumer price index and it is measured yearly (Herr & Kazandziska, 2011: 74). Lastly, the unemployment rate shows the percentage of people whiling and could work but do not have a job (Macdonald, 1999: 238). This report will compare the economic growth performance of the United States and the United Kingdom since 1990 using four indicators: economic growth rate, GDP, inflation, and unemployment rate.

The consumer price index has remained at 103.9 index points in October from the index points of September. The consumer price index for Japan had an average of 72.89 index points form 1957 until 2015, reaching the all time high of 104.50 index points in October of 1998 and a record low of 18 index point from February of 1957.

A country is said to be more productive than another country, if it can produce more output (goods) for a given quantity of input, such as labour or energy inputs. An example is that there are only two countries, Australia and Japan. They both produce computers and wine, and only one factor of production, labour. Japan produces 6 computers for every 1 bottle of wine, where as Australia produces only 4 computers for every 3 bottles of wine. This suggests that Australia should export some of its wine to Japan, and Japan should export some of its computers to Australia. Australia has an absolute advantage over Japan, when producing wine, and Japan has an absolute advantage over Australia, when producing computers (Gandolfo, 1998).