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Essay / Research Paper Abstract
This 6 page paper looks at the current risks to the global economy; the increase in the US current account deficit; the out of control US budget profile; increased trade protectionism in the US; overheating of the Chinese economy and increasing oil prices. The paper starts with an essay plan and then writes the essay explain how and why these factors are all risks. The bibliography cites 4 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TEgloecon.rtf
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Unformatted sample text from the term paper:
is of interest to the reader; this could be the impact on the global economy or the impact on a single economy and why it is important to the reader;
the fall in the global economy means increased unemployment and hardship. 2. Body; The next part of the essay needs to look at the problem and why they exist
and how they may be averted, including the basic economics of each factor. These include a. The increase in the deficit of the US current account, how much and why,
and how this may be dealt with. b. The out of control budget profile in the US, including forecasts and the impact it would have on the US; largest countries
economy. c. The increased trade protectionism in the US, this follows on form the need to reduce the deficit. d. Overheating of the Chinese economy, how and why, large
fast growth possibly taking place too quickly. e. Increasing oil prices 3. Discussion; Once these have been outlines the discussion need to bringing them all together and looking at how each
of these factor may reinforce the potential of others having a global impact if not dealt with. This can also include the way in which the elements may be chosen
4. Conclusion Essay The global economy follows an interdependent paradigm, where falls in one major economy may create a domino effect. However, at this time, there is more
that the potential weakness of one major economy threatening the global economy, risks come form the state of the US economy as well as the risk of the Chinese economy
and rising oil prices (Bergsten, 2004). Each of these is a risk, but combined there is a potentially devastating effect that could lead to a global recession as demand for
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