Economic analysis Essay Example | Topics and Well Written Essays - 1750 words

Economic analysis - Essay Example This paper assess a year by year economic indicators from the year 2012 to the year 2014 Economic growth is the measure of the change in gross domestic product, abbreviated as GDP. On the other hand, GDP is defined as the market value of the goods and services attributable to labour and property located in the economy. The gross domestic product measures the national income (sum of factor incomes) and output for a given country’s economy. It is equal to the total expenditures for all the final goods and services produced within the economy for a given time frame. The United States GDP in the year 2012 was worth 16, 244.60 Billion dollars1 and this value it was the worlds highest and over 25 % of the total value of the world’s economy. This was a growth from 15, 533.80 Billion dollars recorded in the previous year. This signaled a growth of 2.8% on the GDP recorded in the year 2011. Economic theory asserts that an economy’s GDP consists of total consumption, total investments and net exports; the latter is the difference between the total value of exports and imports. The estimated value of the decomposed components of the GDP were as follow; household consumption -70.9%, government consumption-19.5%, investment in fixed capital-12.8 %, investment in inventories-0.4%, net exports of goods and services negative 3.6 %.2 At the estimated percentage of more than 70%, indeed consumers are the engine of the US economy. Consumers spending have grown rapidly out of confidence in the 2011 economic growth. In the United States, the country has grown to be an imported consumer oriented goods and services shown by the negative value of the net exports, which means that the value of imports exceeded the value of exports. Consumer spending at percentage of 70.9 out of the GDP is the single largest piece of spending. During the period that transverse the dip and the recovery,

Abdullatif al Sayegh Research Paper Example | Topics and Well Written Essays - 1250 words

Abdullatif al Sayegh - Research Paper Example His father was a religious leader and this had a lot of influence in his early life and development. Due to his father’s position, Abdullatif spent most of his childhood days studying and memorizing verses from the Koran. The leadership position of his father also influenced him into becoming a role model for his peer. Both his family and the society over expected from him. This influenced him into putting extra efforts in all that he did. Education is one of the areas in which Abdullatif became distinguished in the society. His father was also very instrumental in his success as a student in Saudi Arabia. After completing his secondary level education, he joined university of Tampa in Florida. Unlike most students in secondary and elementary levels of education, Abdullatif seemed to have decided about his future career at an early stage. His father was also supportive to his choice of career and study abroad. Abdullatif completed his studies successfully and spent several yea rs searching for a job in America. Like other students studying in overseas institutions, Abdullatif had the dreams of working in major media houses such as the BBC and CNN. However, after failed attempt of securing employment in the media industry, Abdullatif decided to return to the Middle East. His return to the Middle East was beneficial to both his career and the upcoming media industry. After staying in his home country for some time, Abdullatif moved to the United Arab Emirates. During this shift, Abdullatif entered into a partnership with the government of Dubai in an effort to establish a self-reliant media houses in Dubai (Al Sayegh web). His shift to Dubai came at the time when different governments in the Middle East were looking forward to establish independent media houses that were of international standard. His involvement with the government of Dubai was aimed at establishing media houses that served both in the local and international level his studies at Tampa Uni versity focussed on the management of media and, therefore he had sufficient skills to manage media houses that are of international standard. This establishment included eight radio stations and three daily newspaper-printing houses. Abdullatif first worked on the radio stations before he began his work on the printing houses. Sheikh Mohammed bin Rashid also involved him in establishing of TV stations that later became well established both in Dubai and internationally. Among the TV, stations created during this partnership included the MTV Arabya and Nickleodeon. Abdullatif had outstanding management skills that enabled him to make the different achievements and breakthroughs in the media industry. It is often debated that his role in the Dubai media industry enabled him to rise to his current position as one of the most celebrated CEOs in the media industry. However, this is not the case since Abdullatif had quality education and skills in media and management. His role particula rly in the MTV made him to rise to his current position. In addition, he enabled the MTV television to become a well-established global television. Although Abdullatif made a lot of achievement through MTV, he still had unachieved ambitions that he required achieving. However, Abdullatif intended to reach the viewers in the Arab world. This meant that the different TV stations had to air content accordance to the preference of the people within this region. Due to his experience and educational background, Abdullatif was not satisfied with the progress of MTV in the region level. This made him to establish strategic plans that would see the different television stations on an international platform. It was however, difficult to elevate the newspapers into international media due to their use of