It takes the average reader 1 hour and 21 minutes to read An Economic Strategy by Clifton Chambers
Assuming a reading speed of 250 words per minute. Learn more
The current practice of using quarterly GDP growth or contraction figures by themselves to indicate whether an economy is on track to meeting or improving upon its GDP growth target is not effective because no logical link exist in that process. A breakthrough method however was recently developed by Clifton Chambers. He discovered a mathematical relationship between GDP growth or contraction and projected GDP growth or contraction. Among other things, this means stakeholders for the first time can consistently meet or improve upon their GDP growth target, thus boosting revenue, further improving the standard of living of citizens, especially the poor. Clifton Chambers also developed a free, easy to use VBA Excel spreadsheet (accessible near the top of the Introduction of this book) that uses this mathematical relationship to automatically calculate and display the figures to be used in monitoring. With this book you will also be able to: Easily use the VBA Excel spreadsheet to facilitate the monitoring of GDP growth or contraction Identify the 4 main scenarios favorable to achieving the projected GDP growth Identify the 3 main scenarios unfavorable to achieving the projected GDP growth Monitor and assess data related to a favorable or an unfavorable scenario and make a prediction on the likelihood of the achievement of the relevant forecast GDP growth Monitor and assess, then predict the likelihood of Jamaica achieving the 5% GDP growth in 4 years (Jamaica Observer , 2018) (case study) Use the IMF's GDP growth forecast (2019 - 2021) (International Monetary Fund, 2020 a) (pre-covid-19) for the US as well as the BEA's actual GDP growth for 2019 (Bureau of Economic Analysis, 2020) to monitor and assess, then predict how likely the target growth of 1.7% in 2021 would have been Use the IMF's world GDP forecast (International Monetary Fund, 2020 b) (pre-covid-19) for 2019-2021 to make preliminary assessment on whether the target growth of 3.4% in 2021 would have been likely to be achieved Use the VBA Excel spreadsheet to make a revised target GDP growth if the initial target growth of 3.4% was not likely to be achieved. Demonstrate how stakeholder agencies who make GDP growth forecasts, can use the VBA Excel spreadsheet to improve their GDP growth projections Just before and during a recession, know the initial steps to take before monitoring, assessing and making a prediction on whether the forecast GDP growth will be met or contraction not exceeded Make recommendations about the US GDP growth or contractions and whether the growth forecasts made by the IMF are likely to hold, based on (1) the IMF's initial revised GDP contraction of 5.9% for 2020 (International Monetary Fund, 2020 c) and (2) the IMF's second revised GDP contraction of 8% for 2020 (International Monetary Fund, 2020 d) Note: Precovid-19 figures are important not only for learning purposes but are applicable to normal economic times. About the Author Clifton Chambers is the author of the book An Economic Strategy. He graduated from the University of the West Indies (UWI), Mona, Jamaica with a bachelor's degree in Computer studies, obtained A+ in Business Economics, secured passes in GCE Advanced Level Pure Mathematics and Applied Mathematics (Equivalent of Further Mathematics), now studying ACCA Level III Accounting.
An Economic Strategy by Clifton Chambers is 81 pages long, and a total of 20,331 words.
This makes it 27% the length of the average book. It also has 25% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 51 minutes to read An Economic Strategy aloud.
An Economic Strategy is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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