The current Covid-19 pandemic exerts a negative impact on the economic growth of Vietnam economy. The...
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The current Covid-19 pandemic exerts a negative impact on the economic growth of Vietnam economy. The economic growth is only 2.9% in 2020, after a high growth rate at 7.14% in 2019. And the inflation rate is low, with annual value below 4%. Employ your quantitative analysis methods to investigate the pattern of economic growth and the correlation between the economic growth and inflation rate, as well as to discuss the appropriated public policy to recover the economy. The analysis can be conducted by three parts. 1. Introduction. Introduce briefly the content of the project. 2. Economy. 2.1. Data. Collect the data on the economic growth (on percentage) and inflation rate (on percentage) for the 2010-2019 period to analyze the pattern of growth, inflation and their correlation. Let's consider the economic growth as the dependent variables, the inflation rate as the independent variable. First, compute the standard statistics (mean, standard deviation, minimum value, maximum value). Second, compute the correlation coefficient, and further, the OLS estimated coefficients. Third, comment on the results, and suggest the mechanism underlying the results. 2.2. Theory. Employ the diagram, and model (if possible) to discuss the appropriate public policy. 3. Conclusion. Summarize the main results. References (nb: excl. from the word count) . MLA system of referencing (check google scholar for more information). • At least 5 academic journal articles (recommended 8 to 10) with high relevance. • Other information (websites, newspaper articles, etc.). Notes: the data can be collected from various sources, from the Vietnam General Statistics Office (gso.gov.vn), from the World Bank World Development Indicators (databank.worldbank.org), from the IMF Statistics (data.imf.org). Criteria Contents Structure and visualization Quality of writing Sources and evidence Details Understanding the theory, and be able to apply the theory on analyzing a case study in reality. Comprehensive and enlightening review of the trend on data. Review highlights key insights, which clarify the trend. Detailed attention to formatting, and stylistic choices. Creative, visually engaging and logically structured report Uses sophisticated, expressive and appropriate business language with no grammatical errors. High quality and credible sources with more than 10 relevant sources. Correct use of the MLA style of referencing throughout the report Ratings 35% 35% 15% 10% 5% year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Inflation Rate (annual %) GDP growth (annual %) 8,28 7,42 8,34 23,12 6,72 9,21 18,68 9,09 6,59 4,08 0,63 2,67 3,52 3,54 2,80 7,55 6,98 7,13 5,66 5,40 6,42 6,24 5,25 5,42 5,98 6,68 6,21 6,81 7,08 7,02 The current Covid-19 pandemic exerts a negative impact on the economic growth of Vietnam economy. The economic growth is only 2.9% in 2020, after a high growth rate at 7.14% in 2019. And the inflation rate is low, with annual value below 4%. Employ your quantitative analysis methods to investigate the pattern of economic growth and the correlation between the economic growth and inflation rate, as well as to discuss the appropriated public policy to recover the economy. The analysis can be conducted by three parts. 1. Introduction. Introduce briefly the content of the project. 2. Economy. 2.1. Data. Collect the data on the economic growth (on percentage) and inflation rate (on percentage) for the 2010-2019 period to analyze the pattern of growth, inflation and their correlation. Let's consider the economic growth as the dependent variables, the inflation rate as the independent variable. First, compute the standard statistics (mean, standard deviation, minimum value, maximum value). Second, compute the correlation coefficient, and further, the OLS estimated coefficients. Third, comment on the results, and suggest the mechanism underlying the results. 2.2. Theory. Employ the diagram, and model (if possible) to discuss the appropriate public policy. 3. Conclusion. Summarize the main results. References (nb: excl. from the word count) . MLA system of referencing (check google scholar for more information). • At least 5 academic journal articles (recommended 8 to 10) with high relevance. • Other information (websites, newspaper articles, etc.). Notes: the data can be collected from various sources, from the Vietnam General Statistics Office (gso.gov.vn), from the World Bank World Development Indicators (databank.worldbank.org), from the IMF Statistics (data.imf.org). Criteria Contents Structure and visualization Quality of writing Sources and evidence Details Understanding the theory, and be able to apply the theory on analyzing a case study in reality. Comprehensive and enlightening review of the trend on data. Review highlights key insights, which clarify the trend. Detailed attention to formatting, and stylistic choices. Creative, visually engaging and logically structured report Uses sophisticated, expressive and appropriate business language with no grammatical errors. High quality and credible sources with more than 10 relevant sources. Correct use of the MLA style of referencing throughout the report Ratings 35% 35% 15% 10% 5% year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Inflation Rate (annual %) GDP growth (annual %) 8,28 7,42 8,34 23,12 6,72 9,21 18,68 9,09 6,59 4,08 0,63 2,67 3,52 3,54 2,80 7,55 6,98 7,13 5,66 5,40 6,42 6,24 5,25 5,42 5,98 6,68 6,21 6,81 7,08 7,02
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Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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