AJBMSS

Economic Development

Exploring the interrelation between Inflation, interest rate, exchange rate and economic growth: role of COVID-19 cases: Evidence from the UK

Economic factors like interest rate, exchange rate, inflation and economic growth have a major contribution to the trend being followed in the economic cycle. These factors are influential towards the economy because they affect the overall economy. The monetary policies set out the exchange rate and interest rate.

Impact of Fiscal policy on economic growth: A case of EU countries

The global public authorities have responded to the economic and financial crisis of the last decade by implementing effective fiscal policy (Maşca et al., 2015). Fiscal policy is mainly targeted for short-term objectives. Unfortunately, it has been found that the long-term consideration of fiscal policy is not significant or favourable due to its collateral effects on the countries’ economic growth (Adedoyin et al., 2020).

Studying the relationship between exports and economic growth: A case of MENA region

Exports are the fundamental foundation of economic growth since they enable each nation to obtain foreign reserves, which helps it grow and expand more quickly (Bakari & Mabrouki, 2017). A nation with these foreign reserves can purchase the technologies to increase productivity. The welfare levels might also increase due to using foreign products that are either unavailable domestically or costly to create domestically (Sunde, 2017).

Effect of unemployment and inflation on economic growth: A case of developing countries

The critical indicators that show the country’s economic performance are unemployment, inflation and economic growth. Identifying the relationship between these elements is necessary when making and applying economic policies. Inflation and unemployment have become significant issues in developing countries (Baharumshah, Slesman & Wohar, 2016).