Secondly, I want to discuss the future of the global economy and how this might impact on the UK economy. The current economic situation has many aspects, but the most immediate impact is a recession. During this time, millions of people will lose their jobs and many others will find that paying the mortgage or rent is difficult when salaries are low. This will lead to a severe decline in the demand for goods and services.
As the UK economy recovers from the recession, it is expected that the direction of interest rates will move upwards. These moves will likely affect the cost of borrowing money for both the finance sector and the private sector. In turn this will have a significant effect on the future of the global economy. If the Bank of England moves towards increasing interest rates in order to counteract the effects of the global recession then the inflation rate will rise. If the Bank of England moves too far in the direction of inflation, the price level will begin to rise rapidly, driving the economy into a recession.
With regard to the global economy and the future of students in the United Kingdom one cannot forget the huge amounts of money that continue to be sent and transferred internationally. International student loans are currently at an all time high. Many graduates find that they are unable to continue studying in Britain due to the high cost of living. In order to continue studying students have no other option but to look to countries such as the United States, Canada and Australia to continue their education.
Even though the global economy will continue to recover in the future is certainly not guaranteed. Even in the best of times, the economy will still face problems as it attempts to grow. A key problem that is likely to surface is the difficulty of raising consumer spending in an economy where consumers are worried about the health of the economy. In order to prevent this from happening the government needs to come up with a strategy to stimulate the economy.
Luckily, if you ask the experts the answer is very apparent. They predict that the future of the global economy to take my exam for me will be based on economic policies which help the consumer. In order to stimulate the economy spending by businesses has been a large factor in any recovery. Unfortunately, these policies have often hurt the economy rather than helping it. In order to remedy this situation, the government needs to introduce new economic policies which will allow businesses the opportunity to increase spending.
This means that the future of the global economy to take my exam for me will be based on economic stimulus packages and liberalization of capital flows. This is of great importance to the United States. It is widely believed that the United States is the largest creditor in the world. Any country that wishes to borrow money needs to have access to this funding in order to finance its deficits.
If the United States decides not to continue its economic policies of subsidies and its heavy use of tax cuts for businesses of the future of the global economy to take my exam for me will be bleak. The United States must now become a world leader in order to stimulate the economy and return it to pre-recession levels. There is no time to waste. Act now and make your future secure.