Tuesday, February 2, 2010

Key Drivers to any Country's Economy

  • To any Economy there are too may key drivers which can be listed out as follows:
    Propensity of an Individual to Consume & Save
    Liquidity preferences of the individual, how much money he should to have to spend on transactions, speculations and precautions.
    Wealth expectation of an Individual
    Working age of the Population of Country
    Infrastructural Development of economy
    Inflation or Wholesale price Index
    Liberal or openness to trade among the world countries
    Flow of FIIs & FDIs ion the economy
    Political Stability of Government & peaceful relation with the other countriesCountry’s Education system & health care system