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I will pay for the following article Has the Government and the Bank of England Been Successful in Running British Economy. The work is to be 7 pages with three to five sources, with in-text citations
I will pay for the following article Has the Government and the Bank of England Been Successful in Running British Economy. The work is to be 7 pages with three to five sources, with in-text citations and a reference page. Despite the strength of the British economy, the International Monetary Fund (IMF) has recently warned the public of the possibility that the overall economic condition in the UK can be negatively affected because of the global financial crisis combined with the continuously increasing commodity prices (Tang, 2008)ii. The fact that many of the UK private banking sectors has been negatively affected by the U.S. economic crisis (FT.com, 2008)iii, the entire British economy is likely to suffer the consequences. To determine whether or not the British government and the Bank of England have been successful in running the British economy, evidence pertaining to the degree wherein the British government and the Bank of England failed to run the British economy successfully will be identified and thoroughly discussed.
As part of the main discussion, the employment and unemployment rate, gross domestic product (GDP), and budget deficit during the past two years will be analysed to determine whether or not the British government was able to successfully manage the British economy. Eventually, the effectiveness of the fiscal policy used by the government in terms of addressing the recent problems of the British economy will be criticized.
Likewise, the success of the Bank of England in terms of running the British economy will also be tackled in this study. As part of discussing this subject matter, exchange rate and inflation rate during the past two years will be identified and analyzed to determine whether or not the Bank of England has been successful in managing the British economy followed by discussing the monetary policy that is being currently used to address problems related to the recent British economic condition.
As part of the conclusion, whether or not the British government and the Bank of England have been successful in running the British economy will be answered followed by providing some recommended solutions that can improve the British economy despite the global financial crisis many countries are facing today.
According to Tang (2008), macroeconomic weaknesses in the British economy has become evident even before the recent global shocks was announced.
