The current economic situation both internationally and domestically of countries A, B, C and D according to the performance measures in the benchmark for the country.
country A
Although this is a big and advanced country that is still developing, the country experienced economic problems affecting the countries Gross domestic product (GDP), high inflation, and unstable currency floats. In terms of its government finances, we can note that the government spends more than its incomes (Henisz, & Zelner, 2010). Therefore to finance the economy the government might take loans either domestically of in other countries which might put the country at risk. In the country, the exchange rate is stable as a result of the free market that determines the rates of exchange.
country B
The country is a rich developing country and its economy constitutes many industries that make it possible to process its raw materials. The country has resources like energy that makes it more diversified in terms of competition in the market. As a result of the bad political situation, the country experienced a poor economic performance reducing its competitiveness with the big economies in the world. if the country’s political crisis could be solved and the country is stable again, there is a chance of great potential in the country. the decrease in the levels of spending by the government and a rise in the local investments by private firms has to lead to high levels of investments by private businesses. For example from the table in the year 2007, we can note that the revenues which are 22.00 percent are higher than the expenses that are 19.00 percent thus resulting in a surplus in the balance of 3.00. Foreign investments are to grow due to diversification.
country C
Even if country C is a big country that is still developing with resources, the country has a poor infrastructure that hinders full utilization of the resources thus meaning that this country is not stable. The market has not reached the market economy but their government tries to play its role to uplift the economy. The government in this country influences the prices of consumers, the rates of interest, and the rates at which the currency is exchanged to avoid the living standards of most of the people in the country from deteriorating. as the country enlarges the infrastructure in the economy, it increases its momentum in terms of economic development.the levels of consumption of this country are high at 3/5 of the GDP of the country. The levels of imports are low due to the more natural resources the country has and the government revenue is low as a result of low economic growth.
country D
The country which is a big country that is still developing have natural resources though it lacks sufficient economic resources to capitalize their wealth effectively. The economy of the country is toward a marked economy with large skills in entrepreneurship and a large income distribution disparity and the consumption of the country is only 1/3 of the countries GDP. To keep the economy in increased growth, the government has managed the prices of consumers, rates of interests and the rates of exchange.even if the government influences in this country, expences are a bit low. In this country, the government has also stabilized inflation and the markets as a result of a decrease in the rates of exchange.