Assignment:
As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and write a report on your findings.
• Select a South American country to research.
• Select one of the following economic concerns to research:
o quantities of specific goods and services
o Gross Domestic Product (GDP)
o unemployment
o inflation
• Research data sets for the one economic concern within the South American country that you have chosen.
• In a 3-4 page report, answer the following questions:
o What are 2-3 relationships between the economic concern you selected and that specific country's economy?
o What trends do you see in the data sets?
o Support your assertions of the trends with statistical evidence.
o Cite all of your sources correctly and include a reference list, both in APA style
You have been tasked to brief the firm's finance team on an aspect of international finance and then to lead a discussion with the team.
This briefing is particularly important because of the global financial crisis that began in 2007.
The briefing is needed to provide more foundation for the finance team because they are not well versed in the international aspects of finance.
Provide a briefing that addresses the following:
o Describe when and why central banks buy either their own currency or the currency of another nation in an effort to control exchange rates.
o What did the central banks do to stabilize the financial systems in 2007-2009?
o In an effort to stabilize the financial system how much money, in U.S. dollar equivalent and as a percentage of the country's GDP, did the European Central Bank, Bank of England, Bank of China, and the Federal Reserve put into the economy in 2008 and 2009?
o How well did each country's efforts work at stabilizing the economy?
o What appears to be the major constraint that the central banks used to determine the limits of the monetary injections into the economy? Did the United States use the same or different criteria?
o To what extent to do you agree/disagree with the actions of the central banks during this time?