ASSIGNMENT

Length: 1650-1700 words

Objective: requires you to explain the basic elements of country risk analysis in terms of the economic, financial, political and social risks for Venezuela.

Part 1

The report should identify the key risks faced by Venezuela, and be around1200 words (on consumption of Venezuela in the Y = C+I+G+(X-M) formula)

Part 2

The focus on the socio-economic risks of Venezuela (450/500 words)

1. GDP Growth (talk about CONSUMPTION in Venezuela in relation to the formula)

Students should analyse the country's growth potential in terms of the formula for GDP. Each student should look at consumption in the formula in the GDP components.

Y = C+I+G+(X-M)

In this section: Students should obtain historical data and make projections for each constituent. The focus should be on the ability to grow domestic consumption; attract domestic / foreign investment(1,200 words )

A country's currency is an indicator of a country's economic health. Students should plot the graph of the Venezuelan Bolivar against the US dollar over a 10 year period. Explain the potential impact of the currency moves on the GDP component of consumption.

Also Talk about:

- Natural Resources

1. Education
2. Health
3. Universal basic Income
4. Welfare
5. Subsidies
6. VAT

2. Socio-economic risks

Students should consider the distribution of wealth, (GINI Co-efficient) and other development indicators. What are the major socio economic risks (use current data, use data from city AM and other recent articles) (450 words)

Students should ensure that their reports use the most current data available and refer to recent news items as they relate to the assignment. Students will also receive credit for the use of relevant data, presented graphically or in tables.

Use sources, between 7-10 and Harvard reference

Important details

• To find the data you need, you should use the sources such as the CIA world Factbook, city AM, the economist, and any other recent articles.

• You should prepare your report in Microsoft Word or in another word processing software.

• You should submit your coursework electronically using the coursework submission system.

• You should present your models in a helpful and clear way.