Business
Running Head: COUNTRIES
COUNTRIES 2
peer review (Modules 2)
The selected economic indicators are GPD, unemployment, life expectancy and rate of inflation. Though there are many more indicators, the four selected one projects the actual image of the economy by focusing on the living conditions of the people in each country and the strength of the currency compared to other countries. Higher life expectancy means that living conditions are good especially on the health care matters.
Not all countries had the data points for ten years and that is why 5 years comparison was used instead. The reason for lack of all the data is poor infrastructure is countries such Tanzania making data collection and analysis hard.
US has the highest GDP of all four countries followed by Canada and Tanzania comes last. Life expectancy in the last 5 years is hard to predict but Canada has had the high life expectancy and other three countries fluctuates for the entire period. As for inflation, the Tanzanian currency has maintained a significantly high level while us has remain relatively stable.
Political factors
|
Country |
Political Risk # |
Long term economic risk |
Reasons (often pulled from the news) |
|
USA |
80 |
78.9 |
· Political mature systems · Strong justice system |
|
Canada |
91 |
73.1 |
· Availability of natural resources · |
|
Tanzania |
62 |
49.9 |
· Authoritarian regime · Unstable busines environment |
|
Iran |
59 |
46.3 |
· Dictatorship · Religious upheavals · |
Canada has the highest political risk factor and Iran has the least. Surprisingly Canada does not have the highest long-term economic risk factor. Iran appears to the most unstable country of all the four countries.