The issue of the Economist - Essay Writing - Economics Assessment Answer

Assessment Task:

You have received an issue of the journal Economist, which addresses most topical issues of the international environment; both political and economical.

Scope of the assignment: Based on your personal working experience describe the possible impact of the events described in the issue of the Economist on the industry you are working in or would like to start working in from the following angles: 

Introduction: short information on the industry chosen 

1. What is the essence of the event, which has an impact on the industry? (Please do select the topic, which is mentioned on the title page of the journal). Please also use other articles to add more to the description. At least 3 different articles (from the same journal) must be mentioned. If the topic was chosen is too specific (like the crisis in Venezuela, you can generalize it to a wider concept, like the crisis in Southern America).

2. To what extent it has an influence on the industry? (local impact, regional, global. Prove your point.)

3. What could be the consequences for the industry in the short term, long term? What can be done to leverage negative consequences?

4. Please do relate the event with sustainability concept: impact on sustainability in the world’s development and the particular industry (the most difficult part of the essay).

5. Please do provide your evaluation on the quality and volume of available information (in the journal, on the event you are describing): what else would be needed for you if you are in the industry and preparing detailed strategic development plan?

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