Context Flashcards
3 key strengths of UK economy
services
Cutting edge research
Attractive tax
Size of UK service sector
79% in 2017
4 weaknesses of UK economy
Brexit
High G and household debt
Low productivity/real wage stagnation
regional disparities
UK net FDI
2.5%
UK IR
0.75
Uk u/e
3.9%
UK fiscal balance
-1.35
Uk current account
-4.07%
UK external debt `
313%
2 strengths of greece economy
Tourism
maritime transport
Weaknesses of Greece 6
High public debt Poor banking Tax evasion Little high tech industry fiscal restraints high unemployment
Size of greece national debt
183% GDP
EU/Greece base rate
0%
Size of Greece external debt
228%
Greece unemployment
18.4%
Greece Fiscal balance
-0.15
Strengths of chinese economy 4
Debt (public/private) is owed domestically High FX reserves High infrastructure moving up supply chains Dynamic services (esp e-commerce)
Weaknesses of the Chinese economy 4
CA surplus expected to become a deficit
Rising corporate debt
Ageing population
Environmental damage
Chinese exchange rate system
Renminbi/Yuan - Hybrid - state interfere to keep it competitive
Chinese base IR
4.35