Economy of Asia

Chanon (Tam) Thanitcul Mr. Davis Economics Macroeconomics Case Study Research Essay: Lao People’s Democratic Republic Lao People’s Democratic Republic, or simply Laos, is a landlocked nation in Southeast Asia occupying the northwest portion of the Indochinese peninsula (“Geography”). It is surrounded by Vietnam, Myanmar, Thailand, and China (“The World Factbook”). Despite having abundance natural resources compared to other countries in the region, Laos is referred to as “one of east Asia’s poorest

country’s power and is influence through diplomacy or military force. The people were determined to shape the economy of the lands to benefit the European economies. Each European nations had certain policies and goals. Europeans used different techniques to establish control of an area. European imperialism had many different impacts upon the world, such as positive impact on Africa and Southeast Asia, but negatively on Africa. Europe imperialism had negative impacts on Africa. Europeans had taken all

Many products we use today are made in China. Trade between Australia and China has heightened in the last couple of years. China has one of the world’s largest economies. It has an increasing role in shaping the world economy, accounting for a third of the increase in the world’s gross domestic product and imports for the period 2000 to 2003 (The Economist 2004). It is also home to a population of 1.3 billion inhabitants, consuming a variety of goods from food items to luxury commodities, toys,

Why Are Business Groups More Common In East Asia? It is thought that since the early 1960’s business groups have been a vital asset to the industrialization and economic growth of East Asian Countries. A ‘business group’ is a group of legally independent firms bound together in a formal or informal way. They have shown extreme rapid growth throughout East Asia, and have become a very controversial topic when relating to East Asia’s financial development, often being referred to as “paragons or

system to achieve monetary stability and creation of sound financial structure. The monetary policy implemented by bank can influence the real economy through monetary transmission mechanism such as money channel and credit channel. For example, in the short run, bank may sell off their securities holdings to deal with liquidity problem while loan in economy still remained the same. However, loan termination and halt to new loan supply may implement by bank due to contractionary monetary policy in

The Economy of the Philippines is the 43rd largest in the world; according to 2011 World Bank statistics and it is also one of the emerging markets in the world; according to the CIA Fact book, the estimated 2011 GDP (purchasing power parity) was 391.1 billion. Goldman Sachs estimates that by the year 2050, it will be the 14th largest economy in the world; Goldman Sachs also included the Philippines in its list of the Next Eleven economies. HSBC projects the Philippine economy to become the 16th

The rise of nationalist movements in Asia and the Middle East occurred to preserve traditional ways. Asia and the Middle East would try to preserve economical systems, cultural views, and their world socially. The spread of Marxism would greatly try to influence Asia and the Middle East to convert by claiming they “could overturn a corrupt, outdated system and launch a new experience dedicated to ending human inequality and achieving a paradise on earth (705).” Soviet Russia desperately wanted allies

years, I started off with my interest in history and politics. While I was a freshman and sophomore at high school, I took classes such as US History and Government and Politics. In these classes, I had the opportunity to briefly learn about the economy in U.S. and other neighboring countries. At that time, I was not able to understand the mechanism behind economics. For example, I couldn’t understand why the United States suffered from such a great depression after they prospered in the Roaring

relations and regional impacts, the paper is not strong enough to draw a current research, especially in the relations with Southeast Asia and Myanmar, in particular. Nevertheless, another research paper has given a broad perspective on why China want promote its new Silk Road plan especially in Southeast Asia Position. The book titled“ China’s Belt and Road and Southeast Asia: Challenges and Prospect” which was written by Alvin Cheng-Hin Lim has drawn a clear idea. The author wrote that China has several

In the recent past, China’s economy has grown at a high rate attracting the attention of the foreign investors. Its gross domestic product has also been high, with the year 2014 recording the highest figure of over ten percent of the world’s economy. The overall structure of its economy has also improved; the unemployment rates have gone down with prices rising at a moderate rate. It is always clear that with