Tag Archives: COVID-19 pandemic
Economy projection. 2022 Best
Today’s assignment focuses on economy projection. The term paper for Economics 5 is a projection for the next two years on how the economy will do, with an emphasis on the first year.
Economy projection.
The term paper for Economics 5 is a projection for the next two years on how the economy will do, with an emphasis on the first year. This is a normal activity for macroeconomists because of the direct impact changes in the economy will have on businesses. Some may prosper in an economic downturn, such as the 99+ Cent Store or Dollar Tree. Others, such as Walmart, will be affected be not overly. Most of the products sold are necessary items, and Walmart sells them for a modest price. However, the impact for higher-end stores, from Kohls to the Texas Roadhouse, will find the going much tougher. New businesses, or recently expanded businesses, will also generally suffer.
Economy projection.
For this paper, the student should look to other projections, examine the trends in leading indicators and all other data that may seem relevant. At times, such as the CoVid-19 pandemic, a major crises or event may intervene. In those cases, the student has the option to choose a focus that directly addresses the circumstances. The paper must still provide the projection, but emphasis can be placed on the effects of the situation. Traditionally, this research includes looking a a wide variety of economic indicators and assessing whether they generally indicate economic growth, or lack of it. Leading indicators in particular are important.
Economy projection.
These include, for example, orders for durable goods, new housing starts (or applications for a permit to start building a house) and orders by retailers for retail goods. Unemployment, inflation and changes in GDP are generally more lagging indicators, the results of economic changes rather than indicators of future changes. They may also be very important because they may improve/worsen circumstances, or indicate the possibility of governmental actions that could affect the economy. Currently, however, we have a wild card in the deck. The recovery from CoVid-19, including the inflation, is trumping all else in its effects on the economy.
Economy projection.
As a consequence, a strong focus on this one variable will be essential for this paper. How to approach this project. 1. Look at the projects available on the internet to see what others are suggesting. 2. Choose indicators that appear particularly relevant at this time. 3. Look to current data sources for how these are being affected. 4. Search for existing forecasts on the internet, including the Congressional Budget Office. You must do your own forecast, but economists don’t reinvent the wheel for every assignment. https://youtu.be/F64-Mjs8mek
Economy projection.
They look for hints from other experts. Just remember to provide documentation (APA). 4. Look to peer-reviewed literature for expertise, as well as from current reputable economic sources, e.g., the Wall Street Journal, the Economist and business pages of New York Times and Washington Post. This is a eight-page paper with ten references. See the syllabus for more information.
Additional Files
Dispute Resolution in Asia. 2022 Best
This assignment is about dispute Resolution in Asia. Part A Ozco is a Sydney-incorporated company that invests A$3m in 2018 to established a joint venture company in Bangkok (owned in equal shares with a private Thai company
Dispute Resolution in Asia.
Assignment with short answers -answer part A Part A Ozco is a Sydney-incorporated company that invests A$3m in 2018 to established a joint venture company in Bangkok (owned in equal shares with a private Thai company), ThaiJVco, to produce and distribute home medical testing kits primarily for Thai, Australian and Japanese end-users. A month after the WHO declares the COVID-19 pandemic in March 2020, the Thai government orders ThaiJVco and some other producers to limit all kit supplies only to domestic users, declaring that this is essential for public health management of the pandemic.
Dispute Resolution in Asia.
Ozco is unhappy as this reduces the joint venture’s profits considerably and some other producers (with closer connections to the government, such as State-Owned Enterprises) do not seem to be subjected to such restrictions. As set infections spread, in June 2020 the government announces that it plans to nationalize ThaiJVco to ramp up production of the kits and produce other medical supplies to address the pandemic. It offers to pay Ozco A$3m in compensation, but the latter voices discontent because by end-2019 an independent valuation of its investment was $5m.
Dispute Resolution in Asia.
After fruitless negotiations, in August 2020 the government publically alleges that that Ozco bribed some officials to facilitate establishment of the JV, which Ozco completely denies. Question A.1 Advise OzCo about its best options and related procedural law and practice issues to resolve this dispute with the Thai government. In September 2020, ThaiJVco’s exclusive distributor of the kits in Japan, Jco incorporated in Osaka, notifies termination of the distributorship contract. As grounds for termination Jco points to the Thai corruption allegations, as well as non-delivery of the medical kits, resulting in Jco becoming close to bankruptcy. https://youtu.be/8YC1sAdpua8
Dispute Resolution in Asia.
After ThaiJVco counter-argues force majeure for non delivery, in October 2020 Jco adds as another ground for termination that some of its own buyers (consumers of the kits) are reporting that they contain serious defects causing personal injury and/or emotional distress. Jco also refuses to make payments for some kits delivered before the April 2020 export ban from Thailand, and threatens to seek the freezing of some ThaiJVco funds held in Japanese bank accounts. The written distributorship contract states that “all related disputes must be resolved by mediation administered in Kyoto, then if necessary subject to arbitration administered in Osaka”.
Dispute Resolution in Asia.
2 Question A.2 Advise ThaiJVco about its best options and related procedural law and practice issues to resolve this dispute with Jco. In November 2020, some Thai consumers read news about the Japanese consumer complaints about defective kits sourced via Jco, and they start to complain to ThaiJVco about similar defects in some of their kits. A few file product liability claims in the Bangkok Civil Court. Thailand’s main NGO, the Foundation for Consumers, starts hearing about and publicizing these claims. D
Dispute Resolution in Asia.
Discussion emerges across print and social media about a possible class action, and that news also reaches some smaller NGOs and other consumer groups in Japan. Question A.3 Advise ThaiJVco about the risks and issues around dispute resolution processes for such consumer complaints in both Thailand and Japan.
