3. Forecasting
1) Macro Economic Factors
(1) Economic GrowthRate
Such like above chart, GDP will be marked at 5.2% level in 2006, also in 2007 and 2008 will be prospected to keep about 5% level. Exports and imports of goods and services are each 11.8% and 11.1% which increase comparing with that of 2005.
Evaluation of macro factors)
The GDP growthrate in 2006 is 5.2%, the infl
Foreign Market Selection
Economic growthrate
Although they are relatively poor, are growing so rapidly that they are attractive to invest
Economic growthrates -India
The economy of India started accelerating from the early 1990s as Delhi loosened bureaucratic controls over industry, trade and services
economy, China has been rapidly developing and eventually, they took a position as a 3rd leading nation in economic aspect. Also, with a 10% of growthrate (annually) they have been actively investing in education and technology to maintain their growth. These efforts have been successfully going on and this is crucial for china’s future development as well. In addition, China is continuously c
Difference with Solow model
In the case of Germany, before the World War it was being reached steady state.
According to the solow model,
the more it reached steady state, the slower the capital growth is,
so it shows low economic growthrate after the World war.
However after the war, as the accumulated capital was destroyed, capital stock was out of steady state and it grew fas
the cities in terms of the population density, it causes lots of problems.
2. Spain Economic
A. General view of Spain Economy
Spain's economy is the 8th largest worldwide and the 5th largest in Europe. It is also the 8th largest FDI recipient in the world and the 3rd largest investor in the world. As of 2009, absolute GDP was valued at $1.4 trillion. The nation has GDP per capita is o