For this analysis question you will be working as a team to develop your response. Each of you will analyze the nation that you are investigating this semester based on the Policy Tracker of the...

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For this analysis question you will be working as a team to develop your response. Each of you will analyze the nation that you are investigating this semester based on the Policy Tracker of the International Monetary Fund (IMF) -https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#B


You will each write a brief paragraph on your country (no more than 300 words each) and analyze your nation's key economic responses to limit the economic impact of the COVID-19 pandemic. After summarizing what actions have been taken as identified in the Tracker, evaluate those actions and describe what you think the outcomes will be for the nation's Fiscal, Monetary/Macro-Financial and Exchange Rate/Balance of Payments. (Each of these is covered in the IMF Policy Tracker.)


For your individual paragraph cite and use at least one other quality resource from your nation's government or another international agency (IMF, World Bank, WTO, or UN).

Answered Same DayDec 04, 2021

Answer To: For this analysis question you will be working as a team to develop your response. Each of you will...

Sudipta answered on Dec 05 2021
140 Votes
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Discussion
India's fiscal support above-the-line and below-the-line measures. Government spendin
g is the key component that comes under the above-the-line measure. 3.1 percent of GDP is the contribution from government spending. Due to COVID19, 2.2 percent of GDP is expected to fall. On the other side, the below-the-line measure is designed in such a way so that it supports businesses of the country. However, due to the pandemic government assigned a huge amount of contribution to social protection and healthcare.
Monetary and macro-financial aspect has revealed some changes in Repo rate and reverses repo rate has taken place. The...
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