GEG 1030: Project # 2
Choose a country but not your own country
Due: No later Thursday, Dec. 8
Length: 5 to 8 pages + cover page
Topic: Choose a foreign country: No student can do Korea. International students can’t do their home country.
1 Introduction: Give a brief introduction about the country and its current economic situation. You can describe situations but don’t say if they are negative or positive until questions 2 and 3.
2. Positives: What are the possible positives of this country’s economy. Your opinions and why? Give 2 or more positives please. Why are these positives?
3 Negatives: What are the possible negatives of this country’s economy. Your opinions and why? Give 2 or more negatives please. Why are these negatives?
4. Your choice: Choose 1 or 2 only.
1. Give your opinion on what you think this economy will look like in 3 to 5 years.? Give specific information, your opinion, what what is going to happen to this economy and why.
2. Give your opinion what should be done to improve the negatives in this economy. Give very specific ideas to help improve this economy and why they are good ideas.
Include in your report, graphs, tables, charts, as needed, to better answer the questions.?
Also include references for where you found your information. No references = loss of points.
Points: 100 points for the final report. Grading will be more difficult than project # 1.
Professor has final say on the quality of the report.
Please do your own work. Reports, based on professor’s judgement, that look similar to other reports in the class or other years’ reports will lose points.
에 대한 프로젝트입니다.
중국에 대해 조사했으며
모든 그래프 표 등은 중국현지 통계청을 참고하였음.
2. Positives(bright of Chinese economy)
3. Negatives(dark of Chinese economy)
4. My opinion
Since economic liberalization began in 1978, China has been among the world's fastest-growing economies, relying largely on investment- and export-led growth. According to the IMF, China's annual average GDP growth between 2001 and 2010 was 10.5%. Between 2007 and 2011, China's economic growth rate was equivalent to all of the G7 countries' growth combined. According to the Global Growth Generators index announced by Citigroup in February 2011, China has a very high 3G growth rating. Its high productivity, low labor costs and relatively good infrastructure have made it a global leader in manufacturing. However, the Chinese economy is highly energy-intensive and inefficient; China became the world's largest energy consumer in 2010, relies on coal to supply over 70% of its energy needs, and surpassed the US to become the world's largest oil importer in September 2013. In the early 2010s, China's economic growth rate began to slow amid domestic credit troubles, weakening international demand for Chinese exports and fragility in the global economy.