As an employee of the World Bank you have been asked to research the needs of a country with a particular economic concern.
In a 3-4 page report, answer the following questions:
Where were you able to find data sets?
What is the relationship between the variable that you selected and the economy?
What trends do you see in the data sets? Support your assertions of trends with statistical evidence.
Referencing Study Material: Economics, Principles,Applications,and tools
O'sullivan/sheffrin/perez chapter 5-8 Fifth ed.
Please find the file attached.
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China: Economic concern
The China is the most suitable option as a country for the analysis of the given problem. The main target of the economy of the china has kept constancy over the various economic concerns. The economic problems that China suffered cover economic stagnancy, explosive population growth, and western penetration & influence. The China's major economic concern includes financial deficit, problematic debts, immigrant population, growing population, Gross Domestic Product growth rate, unemployment rate, etc (China's political and economic concerns, 2009).
The major focal point in the economic concern of the country is the increasing population. The rise in the population rate is most significant challenge or tremendous issue for the Government and people that not only hindered the way of success, but also badly affected the living standard of the people residing there.
The data sets related to the trends of the population growth were available on the various internet sites, magazines, newspaper articles, etc. In the whole world, the problem of the growing population of China is a substantial issue. The population officially covers upto1.3 billion people and an estimated growth rate is about 0.6%. The expected population growth in China is about 10 million per year. By the year 2050, it is anticipated that the population will touch the top at about 1.6 billion (China, 2009).
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