MD4099 - Assessment 1 Individual Report Assignment

Assignment Task

Learning Outcomes Assessed

1. Identify and critically assess the major features of the Global Economy, the shifts in economic power, and FDI trends.

2. Employ Comparative Advantage and related trade models in analyzing a country’s role in the world economy.

Report Question:

“There is an urgent need for global stakeholders to cooperate in simultaneously managing the direct consequences of the Covid-19 crisis.” (WEF, 2021).

To improve the state of the world, the WEF have started “The Great Reset Initiative” (GRI) project .  It offers insights to help inform all those determining the future state of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of a global commons.

Supported by the GRI project, assess the future impact upon international trade from the continuing COVID-19 pandemic upon ONE of the countries listed below:

1. Brazil
2. Russia
3. India
4. China
5. South Africa

Discuss the economic implications of recovery from COVID-19 for the chosen country.  Ensure you include:

• Trade relations with main trading partners
• FDI inflows and outflows, and,
• The country’s economic growth forecast (EGF).
• Should you include facts/figures relating to your country’s EGF, it is much more important you support them with written critical analysis.

Also, drawing upon the economic principles covered in this module, assess how the country has responded to COVID-19 with their economic policies.  For instance, examples and critical analysis of their supply-side and/or demand-side economic policies.

Aspects to consider:

1. Introduction: what is globalization and define some of the terms that will be included in your report. Begin with the global perspective by providing an appraisal of the current global internal trade situation and global FDI flows. For example, 2020’s international trade contracted by 40% (WEF, 2020).
2. Then move in from a global view to a national view, to include macroeconomic data for your country of choice (g. national unemployment rates, inflation, GDP trends, etc.) and start to explore how Covid-19 has impacted that county’s economy and trade (how have supply chains been disrupted?). How has the country responded, i.e., supply side and or demand side economic policies?
3. Bring in a detailed example (an industry or company-specific example) to support the points you are making, so you provide practical insights.
4. Finally, what are the overall implications – what are the country’s future options and what might they be rethinking concerning their international trade strategy so-as-to reduce their vulnerability to this global economic shock? Considering the WEF’s GRI project, what is Globalisation’s longer-term outlook? It is imperative that you add critical analysis into your discussions.

This Management has been solved by our PhD Experts at My Uni Paper. Our Assignment Writing Experts are efficient in providing a fresh solution to this question. We are serving more than 10000+ Students in Australia, the UK, and the US by helping them to score HD in their academics. Our Experts are well-trained to follow all marking rubrics and referencing styles.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction