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Economic Concern in an Asian Country

Scenario: As an employee of the World Bank, you have been asked to research one economic concern in an Asian country and write a report on your findings. So, select an Asian country to research (in this case China has been chosen). Select one of the following economic concerns to research:
- Quantities of specific goods and services
- Gross Domestic Product (GDP)
- Unemployment
- Inflation

Answer the following questions:
- What are 3 relationships between the economic concern you selected and that specific country's economy?
- What trends do you see in the data sets?
- Support your assertions of the trends with statistical evidence

Solution Preview

As an employee of the World Bank, you have been asked to research 1 economic concern in an Asian country and write a report on your findings.
As per cia.com, China in 2008 has the second-largest economy in the world on the purchasing power parity (PPP) basis. Its estimated GDP in 2008 was $7.8 trillion. Annual inflows of foreign direct investment in 2007 rose to nearly $84 billion. By the end of 2007, nearly 7,000 domestic Chinese enterprises had made an aggregate $118 billion in direct investments in 173 countries and regions around the world. Hence China has become one of the world's most powerful economies.

In this case, underemployment in China is being considered:

As per the CIA report, China has 4.3% (September 2009 est.) unemployment and is ranked 38th in the world. The unemployment rate has slightly increased as compared to previous ...

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