Here is the synopsis of our sample research paper on Government Economic Policy and Economic Growth. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 7 page paper looks at the argument that governmental economic policies have the main objective of promoting sustained economic growth. The paper considers the way in which this may or may not be correct and how the policies undertaken in terms of structure, monetary and fiscal policy support growth. The paper uses the UK and Europe as illustrative examples. The bibliography cites 8 sources.
Page Count:
7 pages (~225 words per page)
File: TS14_TEgvtepol.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
promote sustained economic growth to improve and increase the nations prosperity (Nellis and Parker, 1996). This can only be achieved with structural policies used to enhance the long term economic
performance and the creation of a stable macroeconomic environment that will encourage stable growth to take place. This requires management of both monetary and fiscal policies, which can be examined
in terms of the way that they have the aims of creating a stable economic environment which will facilitate growth and the way that the policies manage, and are seen
to manage all economic aspects. It is not only the practical management that is important in terms of the direct impact, it is also the way that the policies and
actions are perceived, perceptions can also drive markets, such as currency markets, which will have an impact on the economy as well as reflect its state. In the UK
since 1992 government policy has been to have underlying inflation1 remain within the 1% to 4% region. This target has been changed over time, with the target for the present
parliament being the lower end of this range (Lexis, 2007). The general aim of monetary policy is to create an environment of low inflation. Monetary policy has a direct
influence on inflation although there will usually be a lag between cause and effect. Interest rates have been a tool used in much a policy for some time, the assessment
of interest rates are usually determined by considering the potential inflation rate of the future, usually between one and two years. The assessment itself will take a ride range of
information this will include a range of indicators which are indicative of potential inflationary pressures such as the broad and narrow monetary aggregates, exchange-rate movements and asset prices. General inflationary
...