A memo advising a country of our choice on the best course of action right n

Choice of country- Please discuss with me in the chat

With this paper, you are to focus on a country that you know well, or one that you’d like to know well. The only requirement for the country you pick is that it NOT be a country that uses the Euro as its currency or is in the G10 (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom, and the United States).
The focus through this pandemic to date has been on the developed nations, many of which have experienced frightening levels of disease, hospitalization and deaths. But the fpcus is shifting now to the other countries that generally don’t have the financial, economic or even political strength to counter the pandemic’s worst economic and financial effects. Many of these countries have fixed exchange rates, so aside from credit and exchange rate risk premia, their interest rates are now zero. But they generally don’t have their fiscal houses in order, so borrowing to have enough money to prop up their economies or their currency (like the U.S. and Europe are doing) isn’t much of an option. Indeed, many second and third-tier countries are experiencing capital outflows — just when they need inflows.
For the country you have chosen, where is their economy at this point? Then track what the effects have been so far on market prices (sovereign debt and equity) as an indication of might be happening with respect to capital flows. In the same vein, analyze what’s been going on with the country’s currency. And investigate whether any international organizations like the IMF are helping out or at the least making promises.
A few weeks ago, the Institute for International Finance published this brief:
https://www.iif.com/Portals/0/Files/content/EV_03172020.pdf (Links to an external site.)
This should give you a good starting point.
Now, having done your research, what you write up for this class is a memo, as described below.
Imagine you are the economic attache to the U.S. Ambassador (or Charge d’Affairs of the U.S. Embassy) in this country. The Ambassador has been asked by the host country, and she has thus asked you, to advise the country on the best course of action right now with respect to their economic and financial policies. Do research on what’s going on, use the theories you learned back in college, and see if you can’t devise the best possible course of action to recommend. Will it be second best? Hey, fourth-best may be the best they can do. They can’t rearrange the global economy and financial markets, but hopefully you can tell them how best to navigate these unprecedented circumstances.
As with all memos to people in power, keep it short and pithy. Demonstrate a good grasp of the facts, but don’t spend a lot of time telling the Ambassador or the local government what they already know. Be practical.

Don't use plagiarized sources. Get Your Custom Essay on
A memo advising a country of our choice on the best course of action right n
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

Please use the best of these and outside sources you can find-

The Argument for a V-Shaped Recovery
https://www.bloomberg.com/news/articles/2020-06-15/morgan-stanley-economists-double-down-on-v-shape-global-recovery?srnd=premium

Links to New Pandemic Material
1- https://tracktherecovery.org/
2- https://www.bloomberg.com/news/articles/2020-06-10/virus-splinters-global-economy-exposing-inequality-faultlines?srnd=premium
3- https://www.wsj.com/articles/coronavirus-pandemic-makes-unemployment-calculation-harder-11591781401
4- https://www.bloomberg.com/graphics/recovery-tracker/

Interesting graphic of pandemic’s economic effects (And it’s global, too)
https://www.bloomberg.com/news/features/2020-05-28/coronavirus-lockdown-crushed-economies-jobs-energy-and-shops?srnd=premium

Homework Paper
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Free Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Free Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At Homeworkpaper.net, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.

Pricing

Flexible Pricing

Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.

Communication

Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.

Deadlines

Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.

Reviews

Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.