Growth strategies

The state of a country’s economy

is directly proportional to the quality of life present in that particular region. Out of all countries in the world, some have managed to obtain massive economic growth during the last year, whereas others have suffered weak economic growths and even downfalls.

Economic growth strategies for countries

To put things better into perspective, economic growth represents an increase that is often seen in the inflation-adjusted market value of all services and goods that are produced by an economy over a certain period of time. Usually, economic growth is measured as the percentage of increase in the gross domestic product, also referred as the GDP. For instance, during the year of 2015, Ethiopia has surprisingly seen a massive GDP growth of over 10%, whereas Monaco, India, China, Vietnam, Chad, Panama, Bangladesh, Malaysia, Oman, Zambia, Egypt, Romania, Sweden, Uruguay and a few more have seen an impressive economic growth. On the other hand, countries such as Norway, Tunisia, Canada, Japan, Cyprus, Serbia, Argentina, Finland, Iraq and a few more have witnessed a low economic growth. Some of the countries that have experienced an economic downfall include Yemen, Sierra Leone, Ukraine, Syria, Libya, South Sudan, Brazil and Russia.

Surprisingly, many of the world’s rich countries did not achieve massive economic growth, rather a sustainable one. This is mostly due to avoiding an over-heated economy that can produce a downfall, rather than a growth in most cases. Rich countries focused on increasing their production, exports, but also investments, whereas developing countries should focus on the same aspects, while trying to escape debt. Some of the strategies that can be implemented include:

Surplus labour condition
Monetary policies
Effective conditions
Export promotion

The impact of financial crises on growth opportunities is often quite huge, and difficult to deal with, which is why countries facing economic distress should firstly focus on getting out of the difficult situation, and then attempt increasing the quality of the economy and GDP.

Last articles on Growth strategies

Scientific Trading: Physical Reality, Material Future
We compare physics to the study of lightning which can be said to be simpler but is still more profound than chemistry which is the study of seemingly the fire that burns in different styles and fashions. Biology can be compared to the study of the modes and fashions of living life forms. Let’s take a social science first and apply physical science to this social science aspect of immigration....
Read more
Factor Models: Outmaneuver Risk
Suppose you are in a light saber fight and you have to decide what position to take where your stock position proxies for your sword position. The typical person assumes he is taking risk when he holds a position in stocks but he may hold very little idiosyncratic factor in that stock and may actually hold factors on macroeconomic and industry positions by holding that stock. The attribution of the...
Read more