The economic performance of two countries in the last 15 years

write a report to evaluate the economic performance of two countries in the last 15 years. You should select two countries from the list below; • Bhutan • Brasil • China • India • Russia • Turkey • United Arab Emirates • United Kingdom • Zambia Your report should include the two countries’ economic systems with reference to the market mechanism, resource allocation and the role of government interventions in managing the economy. It should also explain the source of countries’ competitive advantages.

The report should analyse the main macroeconomic indicators and trends over the last 15 years and compare the economic growth and welfare performance of the two countries. The aim of the task is to test your understanding on taught economic concepts including economic systems, national income and the circular flow of income, economic growth and welfare, business cycles and government macroeconomic objectives and policy intervention.

Sample Solution

remain loyal and will always be interested in the latest products that are available. Using the participants from a program like love island to promote products is a clever idea because they know that the fame will be quick and the attention will come all at once for a short period of time, meaning a lot of people will see the brand quickly.

Pretty Little Thing as they are constantly using influencers and bloggers to promote and wear their clothes, as they know that their audience is young and fashion forward. This also means that they are constantly bringing out clothes that are very much on trend and ‘the in thing’ to wear. Another tactic used by these online brands is to give these influencers discount codes for their audiences as a way of enticing people to shop on their website. “Social media is an incredible tool at the fashion industry’s disposal for marketing. By leveraging social media brands can take control of public perception which is one among the many important factors in fashion marketing.” (Recklies, 2006). By having the control over the marketing process, brands can pick and choose who they want to promote the products and think about who will appeal most to a target audience. By doing this the brand are also able to control opinion and perception meaning that by showing the best parts of the brand and its products it will mean that more people will want to not only purchase the products but also support the brand. Some may say that the industry is manipulative and encourages conspicuous consumption by doing this.

Pretty Little Thing promotes several different influencers and bloggers on their Instagram. A reoccurring face would be the ever-growing fashion influencer, Emily Shak. She has a platform where she shows off her never-ending amount of clothes and her desirable style. Emily Shak has been kn

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