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United Kingdom
A member state of the European Union and a user of the legislations and politics of the Union as well, the United Kingdom lays its government in a parliamentary democracy based on the free election of its representatives. Simultaneously, the United Kingdom is ruled under a constitutional monarchy in which the ministers of the Crown govern on behalf of the Sovereign. ...
Preceded by the United States of America, Japan, Germany and France, the United Kingdom is considered the fifth economical power in the world based on its Gross Domestic Product (GDP), valued at 1. ... Currently, the United Kingdom attracts more than a third of the investments of the European Union and the foreign companies that invest in the United Kingdom generate approximately 50 % of the British exports. ...
Inside areas that compose the social security sector of the country, such as the public health sector and the education sector, the United Kingdom has been evolving remarkably, mostly because of the assignment of considerably bigger funds towards both of these sectors. ... As a result, a network of 94 councils for capacitating companies from the English Chamber of Commerce and local companies spread throughout the United Kingdom; providing training, vocational guidance and enterprise programs.
Strategic Executers
As we already mentioned, the United Kingdom is a country that characterizes for having a solid and increasing economy, but who is behind the British development? ... Private investment represents nearly 4/5ths of the production and employment in the United Kingdom. ...
Future Projection
Sustained by vast structural reforms and well planned macroeconomic policies the performance of the United Kingdom’s economy has been outstanding in the last few years. ... However, a pessimistic forecast of the OECD sustains that even though the United Kingdom implemented new fiscal policies, a structural deficit will remain. ... The government also monitors what is good for investment in the country, one example of this is the attitude towards the Euro where the United Kingdom has rejected adopting the new currency because they are not sure whether the Euro will ensure more investment because of the current position of the sterling pound which is positioned as a stronger coin than the Euro. ...
Another economic strength that the United Kingdom presents is the implementation of their fiscal policies that are regulated by two main rules which are “the Golden Rule” which consists in not accepting nor asking for monetary loans in a determined cycle to finance already existing expenses and the “Sustainable Investment Rule” which indicates that the total debt of the public sector must be kept under 40% of the GDP. ...
In terms of manufacturing, the United Kingdom has great strength in the communication equipment area. ... At the current time, the United Kingdom manufactures about 40% of Europe’s desktop computers. ...
Also, as explained earlier in the exports and imports chart, the United Kingdom’s imports exceed their exports by far and this creates a deficit in the balance of exports and imports which at the long run can damage the region’s economy. ...
In conclusion, this report tries to show the economic evolution and actuality of the United Kingdom’s economy. The United Kingdom, throughout conservative policies and a constant work on the area of promotion and organization has achieved to remain one of the most powerful economies of the globe and a stable one. ... The United Kingdom’s fiscal policies are driving the country in a stable way towards a full optimization of their resources and investment with as little variation possible in the areas of debt and investment.
Approximate Word count = 2889
Approximate Pages = 11.6
(250 words per page double spaced)
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