singapore united states

The final draft is a refinement of the first draft and second draft.There should be no need for additional graphs, though you may have to correct your graphs.Discuss your country’s macroeconomic state over the period in question.Questions you may want to consider are:Is your country successful (relative to the base country)?Is it fully engaged in the global economy?What is the Exchange Rate policy?Is the currency over-valued or undervalued?Does the real exchange rate appear to be driven by relative prices (as implied by PPP), or does it appear to be driven by policy, or by the relative prospects of your country in the global economy? Does the RER appear to affect the Current Account? Your goal is to try to explain movements in Real GDP and the exchange rate by the movements of the other series.

 
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