12190_mert_gokcu_202_Assignment_1_30381_1110013437.docx

12190_mert_gokcu_202_Assignment_1_30381_1110013437.docx -...

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Mert GÖKCÜ 1721489 ECON 202 ASSIGNMENT 1 1) Thanks to data in excel sheet, I investigated developing countries in terms of their percent change unemployment rate, general government gross debt, percent change inflation rate, percent change of gross domestic product and current account balance. a) Gross domestic product When looking at the gross domestic product of countries in terms of percent change, it is seen that China with 11.823 is the most growing country in the 2002-2007. India, Russia and Turkey with 6.793 have followed China respectively. The least growing country is Mexico with 2.8388. Following graph represented that situation in 2002-2007. 0 2,000 4,000 6,000 8,000 10,000 12,000 When looking at the gross domestic product of the countries in terms of the percent change in 2008-2009, we can see that China with 10.606 is the most growing country. China is followed by India with 6.186 and Indonesia with 6.072. Due to global economic crisis, gross domestic product of all of the countries decreased. Turkey with -2.08 lived recessions in that period. When looking at the gross domestic product of the countries in terms of the percent change in 2010-2015, we can see that China with 8.334 is the most growing country in that period. Turkey lived recovery in that period and its average growth is 5.209. Following graph represented that situation in 2010-2015.
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Mert GÖKCÜ 1721489 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 b)Inflation rate When looking at the inflation rates in 2002-2007, Turkey had the biggest average inflation rate with 17.600. Argentina with 12.183 and Russia with 11.951 followed Turkey. Following graph shows inflation rates of the countries in that time. 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000
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Mert GÖKCÜ 1721489 When looking at the inflation rates in 2008-2009, it is seen that Russia had the biggest inflation rate with 12.881. Turkey is the fourth and its average inflation rate is less than average inflation rate of 2002-2007. 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 When looking at the inflation rates in 2010-2015, we can see that Argentina had the biggest inflation rate in that period. Russia is the second with 8.414 and Turkey is the fourth with 7.992. 0 2,000 4,000 6,000 8,000 10,000 12,000
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Mert GÖKCÜ 1721489 c) Unemployment rate When looking at the unemployment rates of the countries in 2002-2007, we can see that South Africa has the biggest unemployment rate with 25.3. Turkey is the fifth with 9.126. 0 5,000 10,000 15,000 20,000 25,000 30,000 When looking at the unemployment rates of the countries in 2008-2009, it is easily seen that South Africa has the biggest unemployment rate with 23.113. Turkey has gone up the second with 11.537. It means that global economic crisis affected gross domestic product and unemployment rate of the Turkey negatively. 0 5,000 10,000 15,000 20,000 25,000
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Mert GÖKCÜ 1721489 When looking at the unemployment rates of the countries in the 2010-2015, it is seen that South Africa has the biggest unemployment rate with 24.957. Turkey is the third with 7.992. 0
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