Aveda Institute New York Covid 19 Pandemic and Philippine Economy Research Paper

User Generated

Flyivn2347

Humanities

Aveda Institute New York

Description

It would be great if the writer is an economist or in the business field. Follow the instructions in the file (will be provided). 

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.

Cover Page Here

Introduction
Macroeconomics is an economics branch that deals with the studying of the economy’s behavior as well
as performance with major focus on analyzing various changes including growth rate, inflation,
unemployment among others. This paper is intended to discuss the effects of the COVID-19 on the
economy of Philippines at the macro-economic level. In doing this, the paper will discuss these effects
regarding the various macro-economic principles or theories. Philippines is among East Asia Pacific
region’s most dynamic economies The economic dynamism of the county has been rooted deeply in its
strong consumer demand which has been made possible by its labor market as well as robust remittances.
This is due to its push to increase urbanization, growing middle-class level, and its large population of the
youth. Businesses are observed to flourish especially in the service sector like business outsourcing
processes, real estate, and insurance as well as finance industries. The growth momentum in the country
has been reinforced by its competitive workforce that is recognized globally as well as its economic
fundamentals. The country has been on a good course from being a lower to an upper middle-income
country. The country for instance, sustained a growth rate between 2010 and 2019 of approximately 6.4
percent annually as compared to an annual growth rate of about 4.5 percent between the year 2000 and
2009.
The country reported its first COVID-19 case on January 30 2020 through a woman, 38 years of age who
arrived in the county from Wuhan, China. The country then reported its first death...


Anonymous
Goes above and beyond expectations!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags