Introduction: In this paper we focus on China, Russia, United States, United Kingdom and UAE, we analyze these countries with reference to interest rate, employment, exports, industrial production, inflation and tourism. Recent historical data is used to analyze the current status of these countries and also helps to forecast on the changes that are expected in the next two years, the following is an analysis of historical data for the various indicators: United States: In this section we focus on the United States historical data, the data helps us to identify the current status of the country and what is expected in the future; Employment in the United States: The following chart summarizes employment in the US for the period January 2007 to February 2009;From the above chart it is evident that employment has declined for the period September 2008 to February 2009, this it is also evident that there was a sharp decline in employment and therefore it is expected that employment will decline in the future, however employment is expected to increase over time as the economy recovers from the recession.
Exports in the US: The chart below shows the trend in export levels in the US for the period 2000 to 2008:From the above table it is evident that there was a slight decline in the level of exports for the period 2000 to 2002 where exports started to increase gradually to the year 2008, it is therefore expected that exports will continue increasing in the next two years. Inflation in the US: The chart below summarizes the inflation level in the US for the period January 2007 to February 2009, The above chart demonstrates a general increase in inflation for the period January 2007 to July 2008, however inflation levels started to decline and it it evident that there is a downward movement of inflation levels for the remaining period to December 2008, in January and February 2009 the inflation rate from the chart has increased, therefore we expect inflation rates to increase gradually.
Interest rates in the US: The following is the trend in interest in the US for the period January 2007 to February 2009, From the above chart it is evident that there has been a decline in the interest rates over time, it is also evident that in past few months interest rates have remained relatively stable and therefore these interest rates are expected to increase in the next two years. Industrial production in the US: The chart below shows industrial production for the period 2000 to 2008From the above chart it is evident that industrial production declined in the period 2000 to 2002, for the period 2003 to 2007 industrial production has been increasing and this if followed by a decline in industrial production in the year 2008, this shows that industrial production is expected to decline in the next few years.
Tourism in the US: Tourism also plays a major role in economic development; the chart below summarizes tourism in the US for the period January 2007 to January 2009From the above chart it is evident that the number of tourism has fluctuated over time and in recent months this level has declined reaching it lowest in the last one year, it is therefore expected that the number of tourist will continue to decline in the future.