Growth and Development Economics – Country Profiles

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Presentation transcript:

Growth and Development Economics – Country Profiles A Level Macroeconomics Tutor2u Economics

Growth, Development + Macro Issues in Vietnam Key Recent Macro Data Latest annual GDP Growth (%) 6% GDP or GNI per capita (US $, PPP) $6.4K Inflation rate (%) 3.6% Unemployment rate (% of labour force) 2.5% Fiscal balance (% of GDP) -4% Govt debt (% of GDP) 65% Yield on 10-Year Govt Bonds (Per Cent) 4.7% Investment spending (% of GDP) 29% Gross national savings (% of GDP) 31% Key Background Information Currency unit Dong Currency system MFS Policy interest rate (%) 6.25% Member of a Regional Trade Agreement? ASEAN Current account balance (% of GDP) 1.7% Main corporate tax rate (Per Cent) 20% Competitiveness rank 77th Corruption Perception Ranking 117th Ease of Doing Business Ranking (World Bank) 69th External Debt (% of GDP) 25% Aspects of Development Latest HDI ranking 116th Malnutrition data 2 million under5 % of population living in extreme poverty 9m Life Expectancy at birth (years) 76.2 Gini coefficient and/or Palma Ratio 0.35 Inward FDI (% of GDP) 6% Remittances (% of GDP) 6.7% Aid (% of GDP) 1.5%

Growth, Development + Macro Issues in _______ Key Recent Macro Data Latest annual GDP Growth (%) GDP or GNI per capita (US $, PPP) Inflation rate (%) Unemployment rate (% of labour force) Fiscal balance (% of GDP) Govt debt (% of GDP) Yield on 10-Year Govt Bonds (Per Cent) Investment spending (% of GDP) Gross national savings (% of GDP) Key Background Information Currency unit Currency system Policy interest rate (%) Member of a Regional Trade Agreement? Current account balance (% of GDP) Main corporate tax rate (Per Cent) Competitiveness rank Corruption Perception Ranking Ease of Doing Business Ranking (World Bank) External Debt (% of GDP) Aspects of Development Latest HDI ranking Malnutrition data % of population living in extreme poverty Life Expectancy at birth (years) Gini coefficient and/or Palma Ratio Inward FDI (% of GDP) Remittances (% of GDP) Aid (% of GDP)

Contextual Background on _______________ Economic Structure Share of GDP by value added (% of GDP) Primary: Industrial: Services: Main export industries (+ major firms) 1/ 2/ 3/ Key risks to sustainable / inclusive growth Development and Growth Issues / Policies 3 key factors limiting development progress 1/ 2/ 3/ 3 recent/current supply-side policies Long term challenges facing this country Challenge 1: Challenge 2: Challenge 3:

Main Strengths and Weaknesses for __________ Economic / Competitive Strengths 1/ 2/ 3/ 4/ 5/ Other Notes – supporting strengths Main Weaknesses in their Economy 1/ 2/ 3/ 4/ 5/ Other Useful Recent Contextual Knowledge