You work for the economic consultancy group ‘Carlow Associates’. You have been asked by a group of international investors to undertake an economic analysis and assessment of a country of your choice excluding Ireland. Your economic analysis and assessment is to contain at least twelve of the most important and informative macroeconomic indicators.
You must provide a seven year stream of the most up to date data to help in your economic analysis and assessment of the economy. You should discuss the factors that impact each of these macroeconomic indicators. They advise you to use data tables, graphical analysis and statistical analysis to help back up your assessment and discussion. You are also encouraged to expand the number of indicators and to use references from expert reliable sources/individuals both within and outside of the economy to back up your assessment and analysis.
In your economic assessment the group of investors also want you to discuss and to analyse the following: impacts of the financial crises on your economy, impacts of global downturns on your economy, challenges, and future prospects for your economy. If the economy has not been impacted by financial crises and /or global downturns the investors want you to analyse this for them. To determine the future direction of the economy you can use forecasted data. This involves observing data for the years 2019 -2021.
The group of investors are also very interested in the type of economic policies that the government have pursued, are currently pursuing and will pursue in the future. Here they want you to critically evaluate these policies and assess how effective they are.
The investors also want you to assess whether there are any investment opportunities in any areas/sectors of the economy and to discuss why these areas would be worth investing in. If you find that there are no areas/sectors worth investing in they want you to provide details of how you came to this conclusion.
From your assessment of your chosen economy they then require you to discuss the similarities and differences between it and the economy of Ireland. You can use macroeconomic indicators for the Irish economy so as to help with your assessment. Again, use references from expert reliable sources both from inside and outside of Ireland. Discuss if there any advice/lessons the economy that you have studied can offer the Irish economy and discuss also if there any advice/lessons the Irish economy can offer your chosen economy?