Monday, May 6, 2019
Article Analysis Report (Macroeconomics) Essay Example | Topics and Well Written Essays - 2000 words
Article analytic thinking Report (Macroeconomics) - Essay ExampleThe world economic situation is apparently under deep testing owing to its frequent fluctuations and rapid alterations which has leave multiple countries, irrespective of their global presence as a developing or a developed economy, unstable. It is in this context that fluctuations in the global economic environment also lead to fluctuations in the national contexts of various economies including the US, one of the leading and large economies. Owing to the circulating(prenominal) economic conditions of the US, Denham (2012) pointed that a larger proportion of funds have been allocated to the public sector of the economy which has left private sector with average funds that might prove insufficient in the future due(p) to international competitions and altering demographic features. Denham (2012) also noted that as the economy intends to massively increase its levy rates, US is likely to witness the challenge of fiscal cliff in the near future. In the international context, EU being a large contributor to the global Gross Domestic Product (GDP) and indeed operate partially as a world economic power house, may also cut down an inevitable impact upon the economic stability of the US owing to the currently witnessed Euro Zone debt crisis. Additionally, poor inunct market and export-import industrial performances, US is also quite likely to face the issue of fiscal deficit in the preceding years (Denham, 2012). In the words of Denham (201), it seems the fiscal cliff saga is the main focus musical theme and the rest has little influence. However, as state by Denham (2012), fiscal cliff is not the solely economic challenge that attracts attention with concern to the US economic stability from the global sphere. Furthermore, as tell by Moore (2012), such measures can again lead to a double-dip crisis situation. Indeed, the issues noted by Denham (2012) are illustrious to ensure economic st ability in the US from a future perspective. Nevertheless, agreeing with the issues noted by Denham (2012), Newman (2012) stated that apart from the alleged
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