Global Climate Change And The Link - 2869 Words

GLOBAL CLIMATE CHANGE AND THE CONNECTION TO NATURAL DISASTERS INTRODUCTION Global climate change is an issue that is taking part in an increasing number of conversations worldwide. Many concerns have risen due to climate change, with one of those concerns being the negative effect climate change has on natural disasters and health. â€Å"Global warming and climate change refer to an increase in average global temperatures. Natural events and human activities are believed to be contributing to an increase in average global temperatures† (Global Issues, 2015). This is primarily caused by an increase release of greenhouse gases into the atmosphere. †The greenhouse gases include carbon dioxide, methane, nitrous oxide, chlorofluorocarbons (CFCs), perfluorocarbons, and sulfur hexafluoride. Greenhouse gases act together to absorb the earth’s infrared radiation and solar heat and limit radiant heat loss, arming the earth’s surface and increasing surrounding tropospheric temperatures† (Diaz, 2006). Around the world, populations have continued to increase their use of fossil fuels which has made a great contribution to global climate change. â€Å"The continuing combustion of fossil fuels since the industrial revolution has contributed more than 75% of the carbon dioxide, the major greenhouse gas, to the atmosphere, with the remainder due to intentional cropland and rainforest burning† (Diaz, 2006). For over 150 years we have continued this harmful use of fossil fuels and slowly we areShow MoreRelatedGlobal Warming And Global Climate Change1139 Words   |  5 Pages The topic of global climate change has been a much debated topic over the years. There is no real scientific consensus on global warming. However, much destruction has happened to the earth that questions the scientific or empirical link between extreme weather and global climate change. There are a lot of events that happens around the globe such as floods, increased precipitation, sea-level rise, and hurricanes that questions the theory of global climate change. Without any clear cut evidenceRead MoreEssay on El Nino and Global Warming1020 Words   |  5 PagesEl Nino and Global Warming El Nino has been known to wreak havoc al around the world, from Australia to Africa to the United States of America, and despite its approximate regularity, it is still not possible to predict exactly when it will appear or how much damage will be caused. Meteorologists discovered in the late 19th century that El Nino weather events appeared to be occurring approximately every ten to fifteen years but in the late 19th century this graduallyRead MoreThe Paris Climate Change And Investment Towards A Low Carbon Economy, Sustainable Cities And Clean Energy784 Words   |  4 PagesAn historic agreement was signed on 12th December 2015 by 195 nations in Paris, France to flight climate change and investment towards a low carbon economy, sustainable cities and clean energy. The Paris climate change agreement in COP 21 for the first time brings 195 countries into a common cause based on their future, current and past responsibilities (Adaptation of the Paris climate agreement; Dec 2015). But still we many questions in our mind, what does it mean to us? What does it mean to VilleRead MoreEssay on OZONE DEPLETION BY HUMAN’S ACTIONS1659 Words   |  7 Pagesdamages to the near surface oceanic phytoplankton, which is the basis of the food chain. The natural depletion of the stratospheric ozone chemistry cycle has been severely interrupted by ozone depletion associated with the dec ay of chlorofluorocarbons (Links4). These are contained in a wide range of products, including aerosol sprays and refrigerants and insulating foam packaging. Ozone concentrations are measured by a Dobson spectrophotometer and satellite-based instruments and resultsRead MorePresident Elect Donald Trump s Climate Change1589 Words   |  7 PagesDonald Trump will undertake. Many people are worried about their healthcare and citizenship rights, but conceivably the most concerning issue of having Donald Trump elected is that of climate change. Throughout this paper, I will elaborate further on Trump’s stance on 4 environmental issues including climate change, biodiversity, development of alternate energy sources, and the rising ocean levels. I will also have various references to peer-reviewed literature specifically apropos to the variousRead MoreThe Effects Of Climate Change On The Environment Of Rwanda, Darfur, And The Democratic Republic Of The Congo1340 Words   |  6 PagesClimate change is a current event that many debate. The National Climactic Data Center reported that, as of June 2012, the average combined globa l land and ocean temperature was 0.63 degrees Celsius higher than the twentieth century average. This is the fourth highest temperature ever recorded. Many credible sources, such as a number of United Nation bodies, the International Panel of Climate Change, and academic scholars state that climate change cause resource scarcity. A lack of resourcesRead MoreGo To This Website, Which Is Hosted By Skeptical Science.1046 Words   |  5 Pagescom/argument.php 1. This link covers many of the myths about climate change. †¢ List two of the myths that you found most interesting. †¢Outline what each myth is, and what the right answer to that question or item is. Has your view on climate change evolved since before taking this course? Why or why not? Choose one the Review Questions from this week’s reading and answer it in full. Please tell me how the course is going for you so far? Is it hard, â€Å"just right†, or easy? 1. This link covers many of theRead MoreClimate Change Is A Multi Dimensional Phenomena Essay1655 Words   |  7 Pagesday to make people’s lives easier, there’s one thing that people tend to forget about: climate change. While many people perceive climate change as simply a â€Å"global† issue, a lot of countries ignore their responsibilities to tackle this fatal crisis. There are quite a number of factors working directly and indirectly behind the ways various countries have different policies in facing this issue, as climate change is a multi-dimensional phenomena. This paper will briefly analyze the political economicRead MoreClimate Change1617 Words   |  7 Pagesthe cause of changes to the world’s climate and are promoting dramatic swings in the weather, such as, more floods, hurricanes, droughts, hurricanes, and heat waves. Rising sea levels are anticipated to worsen storm flooding in low-lying coastal areas, and permanently engulf some parts. Receding shorelines and accelerating erosion will endanger coastal homes and businesses. Introduction Climate change is an alteration in the statistical distribution of weather patterns when that change lasts for anRead MoreExamples Of Unit Name Investigate Issues In The Australian Environment749 Words   |  3 PagesWestern Australia has an arid to semi-arid climate with warm tropical regions in its north and dry arid deserts in its centre. 14. South Australia the majority of the state has the arid and semi-arid climates. 15. The Northen Territory has 2 distinctive climate zones. 16. There are 5 prodominant climate zones in Queenland, based on temperature and humidity. 17. Over half of New South Wales has an arid or semi-arid climate. 18. Victoria has a varied climate despite its small size. It ranges from

A Political Factor That Influenced Sanger s Birth Control...

A political factor that influenced Sanger during her birth control movement was the Comstock Laws. Comstock Laws were put in place by Anthony Comstock, a congressman who wanted to put a ban on spreading pornography through the U.S mail (Wardell, 1980, pg. 738). He soon broadened what the Comstock laws covered, to make it illegal to ship anything through the mail that had to do with contraceptives, even information. This was a constant battle for Sanger and she was arrested many times throughout her lifetime for breaking the Comstock laws. Margaret finally had her biggest victory over the Comstock laws in 1936 when she won in the case of U.S v. One Package of Japanese Pessaries. This ruling didn’t officially rule the Comstock Laws unconstitutional, but it did rule that contraceptives and information regarding them could be shared through the mail, a huge accomplishment for Sanger (Knowles, 2009, pg.8). Data Then and Now One method of examining what Sanger has accomplished and continues to influence in modern day is comparing epidemiological data from then and now. Birth rates are a huge indicator on how access to contraceptives and safe abortions improved throughout the years. In 1930, the birth rate was 20.7 births to every 1,000 people (U.S. Public Health Service, 1947, pg. 101). Birth rates have trended downwards throughout the years and in 2013, the Centers for Disease Control and Prevention (CDC) stated that the current birthrate was down to 12.4 live births to everyShow MoreRelatedThe Eugenics Movement And The United States1810 Words   |  8 PagesThe eugenics movement in the United States beginning in the late 19th century and extending to the mid 20th century was a biosocial movement, which advocated procedures to improve the genetic composition of the American population. This essay will examine how eugenic ideologies influenced public and social policy in the United S tates between 1880 and 1950. The essay will first discuss the background of eugenics and how the eugenics movement gained momentum in the United States. Secondly, it willRead MoreAbortion : A Long And Dangerous History1532 Words   |  7 Pagesdangerous history that is seldomly talked about even today. Recently recognized as a right to women and their bodies, abortion was not an option for most women in the nineteenth century. Prior to Roe v. Wade, there was a system designed to give men control over women’s biological nature to have children. This created legislation that allowed men to dictate when the birthing process would occur, giving men power over their children and wives. Legislation aimed at women’s health care undermined the careersRead MoreEugenics : A Popular Political Movement2233 Words   |  9 Pages Eugenics was the hugely popular political movement that began with the in depth study of human heredity. During the 1920s through the 1940s it was seen as a progressive and state-of-the-art- way of thinking, which fueled its popularity. The technical definition of eugenics is the science of improving a human population by controlled breeding to increase the occurrence of desirable heritable characteristics. The debate that surrounded eugenics and still does today is the morality of creating someoneRead MoreAbortion : A Feminist Polemic4215 Words   |  17 Pagesfeminist points of view concerning abortion?; what has been the impact of feminism on women s access to abortion? Why is abortion an ethical issue? Abortion is defined as â€Å"the expulsion or removal from the womb of a developing embryo or fetus in the period before it is capable of independent survival†. Definitions of abortion vary within countries as well as among different institutions. Often societal and political opinions of abortion are reflected in the language used to refer to the procedure. PersonhoodRead MoreAbortion in the United States3416 Words   |  14 PagesNineteen states currently have laws prohibiting partial-birth abortion, and forty-one states strictly prohibit abortions except in cases of life-endangerment. One particularly incendiary area of abortion law is that of public funding. However, as of this year there are only seventeen states that cover abortion procedures through public funding. In this paper we will discuss federal abortion legislation, while describing the laws and political ideologies of the following states: Texas, California,Read MoreEffects of Abortion on the Father6404 Words   |  26 Pagesavailable on this topic. Nonetheless, abortion has increased in America since its legalization in 1973 to an average of 3,700 a day, over 1.3 million abortions a year  (Giratikanon,  2010). It appears that abortion has become an accepted form of birth control for many unwanted pregnancies. Females 25 years and younger have 50% of all abortions performed in the United States. Statistics show that they are not only young but also typically unmarried. Pregnant females are often in a crises situationRead MoreThe Ideas Of Einstein And Freud3893 Words   |  16 Pagesnow called the unconscious. In the unconscious, many drives existed, such as pleasure-seeking drives that the conscious mind was unaware of. Freud’s ideas actually weakened faith in reasoning. By the 1920’s, Freud’s ideas had developed widespread influence. Question 4: Literature in the 1920’s was affected by World War 1. The brutality of the war caused philosophers and writers to question ideas about reason and progress that had formerly been accepted in society. Some writers conveyed darker timesRead MoreMidterm Review Essay9272 Words   |  38 PagesChapter 16 1.) All of the following factors contributed to explosive economic growth during the Gilded Age EXCEPT: Question options: | a) | availability of capital for investment. | | b) | a growing supply of labor. | | c) | abundant natural resources. | | d) | low tariffs. | | e) | federal land grants to railroads. | | | 1 / 1 point | 2.) By 1890, the majority of Americans: Question options: | a) | worked as farmers. | | b) | worked as independent craftsmenRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. 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The Strategy Of Contractionary Fiscal Policy - 1194 Words

Utilizing the income-expenditure approach examine the likely consequences for the UK economy of the government’s attempt to cut its spending and raise taxation. Outline the suggested long-term benefits of such a policy? Where the government reduces government expenditure and raises taxation is known as contractionary fiscal policy. The government uses such policy in order to steer the economy into steady growth by preventing an inflationary gap from occurring. If an economy is growing too fast, for example if unemployment is too low an inflationary gap will form. (Forsythe, 2012) An inflationary gap tends to worsen the balance of payments as home incomes rise, and domestic goods prices also rise, consumers will prefer to import cheaper foreign goods leading to fewer domestic exports being sold (Sloman, et al., 2003). This could have vital consequences on our economy. Therefore the government has a pivotal role in ensuring the economy is steady and the policy they use is contractionary fiscal policy to ensure that. Hence, the aim of this essay is to investigate the strategy of contractionary fiscal policy specifically highlighting on the benefits and long term costs of using this policy; using the in come expenditure approach to illustrate the effects it has on firms and households. Contractionary fiscal policy is used when economic instability occurs- when the economy is experiencing extreme growth which results in the price level rising significantly.Show MoreRelatedFiscal Policies And The Fiscal Policy1091 Words   |  5 PagesThe fiscal policy is the means by which the government of a country adjusts its spending levels and the tax rates that are applied so as to monitor and influence a country’s economy. On the general scale, there are two types of fiscal policies. These are the contractionary and the expansionary fiscal policy. The expansionary policy is used mostly to spur economic growth in the times of low periods in the business years (Langdana, F. K. p.34) The contractionary policy on the other hand seeks to reduceRead MoreEconomic Development Of A Country1027 Words   |  5 Pagescharacteristics. Fiscal policy is a very important part of the economic. Its foundation were laid after the great depression of 1929. Fiscal policy can be defined as action by which the leaders of a country regulate their spending level and tax rates in order to control and influence the economy of the country. The national goal of the government is to increase the level of employment, decrease the rate of unemployment, and keep the price steady. Taxes and spending are two important components of fiscal policyRead MoreMonetary Policy And Analysis Of Nash Equilibria1437 Words   |  6 PagesQuantitative Easing, as well as pointing out the potential advantages and disadvantages of this monetary policy and analysis of Nash Equilibria. A1) In your view, what could be the reasons behind this decision? Recently, the president of European Central Bank (ECB), Mr Mario Draghi, announced that he is thinking of applying Quantitative Easing (QE) within the Eurozone. Quantitative Easing is a monetary policy where the central banks such as Bank of England creating new electronically money, for example isRead MoreMacroeconomic Policy Essay858 Words   |  4 PagesThe main components of macroeconomic policy are monetary and fiscal policy. The main aims of macroeconomic policy are continued economic growth, high employment, stable prices (low inflation), an elevation in average living standards, and a maintainable stance on the balance of payments (Macroeconomics). Practically all governments apply macroeconomic policies to reach policy goals and to improve the workings of the economy. Economic growth is important for reducing poverty levels. ContinuedRead MoreGovernment Policies And The Economy Of A Country2228 Words   |  9 PagesThe objective of this essay is to analyse the use of t he government’s different policies to manage the economy of a country including all the different parties and industries involved. This essay is going to discuss the two main policies; Monetary and Fiscal, including their objectives, instruments and examples of implementations carried out. To begin with, macroeconomics analysis deals with the aggregate economic variables. It is concerned with the economy of the whole country and the measures theRead MoreUsing the Data and Your Economic Knowledge, Assess the View That a Reduction in Income Tax Is the Best Way to Improve the Performance of the Uk Economy in Both the Short Run and Long Run.1282 Words   |  6 PagesThere are many policies that can be used to tackle these certain goals, for example fiscal and monetary policy. Fiscal is a change in government spending or taxation, an example of fiscal policy is to reduce taxation and thus give consumers more spending power, hopefully increasing economic activity. Monetary policy is centred on interest rates, for example reducing interest rates to give consumers less incentive to save and thus increase spending and demand in the economy. These policies each have theirRead MoreMonetary Policies And Monetary Policy Essay1309 Words   |  6 PagesMonetary policies Monetary policies are strategies used by the central bank, financial regulatory committee of currency board to regulate the amount of money supply in the economy. There are two types of monetary policies. These are expansionary monetary policies and contractionary monetary policies. Expansionary monetary policies entails increasing money supply in the economy. Expansionary monetary policies affect macroeconomic variables differently. It leads to reduction of unemployment,Read MoreEvaluating Fiscal Policy Alternatives1270 Words   |  6 PagesEvaluating Fiscal Policy Alternatives simulation Principles of Macroeconomics Evaluating Fiscal Policy Alternatives simulation Introduction Fiscal policy is whenever the government changes government spending or taxation as a means of influencing the market economy. This change takes place to stimulate or to restrain inflation. Fiscal policy is the manipulation of trends in the economy by the government. The content of this paper will discuss the effects of the changes in fiscal policy basedRead MoreAmerican Express : An Express Delivery Service Company3198 Words   |  13 PagesRegulations are beginning to interfere with that. Let’s now talk about Fiscal policy. This policy is an important factor to the economy. It is best defined as when a government changes the spending levels and the tax rates in order to influence and control a country’s financial system. It is similar to monetary policy when a central bank control’s the money supply of that specific country. In 2012, there was a fear of the â€Å"fiscal cliff† which is a mixture of failing tax cuts and across-the-boardRead MoreThe United States Fiscal Policy1378 Words   |  6 Pagesapproach to economic matters, including on how to balance the budget. However, once the Great Depression started, economists decided the government needed to be involved in the U.S.’s economic affairs as the unemployment rate reached 25%. The first fiscal policy to be instituted was The New Deal by President Franklin D. Roosevelt, but the results were lower than hoped due to the start of the Great Depression. The New Deal was to pro vide relief, recovery, and reform to the nation, but the only real accomplishment

Singapore Nation

Question: Singapore is one of the most developed nations is Asia. Explain. Answer: Introduction Singapore is one of the most developed nations is Asia. It has an open economy which stands seventh in degree of openness and additionally lures investors though the favorable tax regime. The per-capital GDP in 2015 stands at $85,127 (considering PPP) and hence is the third highest globally. The total GDP in real terms in 2015 stood at $ 470.55 billion. The estimated labour force as on 30 June 2015 stood at 3.63 million. The services sector contributed nearly 75% to the GDP while the remaining 25% being derived from the industry sector. The inflation in 2015 stood at the low level of 0.04% while the corresponding unemployment stood at 2%, The balance of payments for the country is also positive which implies that the exports surpass the imports. The inward FDI into Singapore in 2015 stood at USD 900 billion while during the corresponding period the outward FDI was $ 518 billion (Tan, 2015). In this overview of Singapore, the main aim of the given report is to conduct a review of the production output along with the labour market and the variation of price during the last ten years i.e. from 2005 onwards till 2015. Various relevant statistics during the period would be obtained for the period and a brief explanation for the same would be offered. Production Output Performance - Trends The trend of real GDP of Singapore during the period 2005-2015 is summarized in the graph below (TradingEconomics, 2016). It is evident from the above figure that the highest GDP level of USD 306.34 billion is observed in the year 2014 while the lowest value of USD 0.50 billion is observed in the year 2005. It is also apparent that there is a general upward trend which is halted in 2009 by the global recession and also recently in 2015 due to slowdown in exports. In the past, the economy showed resilience and posted stellar growth during 2010-2011.The graph indicating the growth rate of real GDP during 2005-2015 is indicated below (TradingEconomics, 2016). It is apparent from the above graph that the highest growth rate of 37.2% per quarter was witnessed in 2010 when the economy started recovering from the shock of the global financial crisis. However, the lowest quarterly growth of -13.5% per quarter was observed in 2009 when the financial crisis was at its peak. This decline is but expected especially for an export driven economy such as Singapore. However, the quick recovery in the aftermath i.e. 2010 is a testimony to the resilience of the economy and governments prompt decision making.The graph indicating the per capita GDP during 2005-2015 is indicated below (TradingEconomics, 2016). The per capita GDP has continued to grow on a y-o-y basis except during 2008 and 2009. This drop was attributed to decrease in GDP caused by the global financial crisis. The highest per capita GDP level has been reached in 2015 only with a value of USD 51,855.08. Further, the lowest value of the per capita GDP was observed in 2005 when it stood at USD 40,020.26. This rise in per capital GDP on a steady basis specially in the last five years is indicative of the improving standards of living for the Singaporean people which in turn transforms into better human development indicators leading to higher GDP growth. Production Output Performance Indicators and Definition The GDP may be defines as the sum total of goods and services product inside the country during a particular timeframe. Rea GDP tends to measure the GDP not at the market price but at the price of the goods and services in the base year of the index. This results in presenting an accurate picture of the economic growth which is not distorted by the inflation. The growth rate in real GDP may be defined as the change in percentage in the real GDP calculated on an annual basis. It is helpful in deciphering the trend of economic growth and is also useful for future forecasting. The per capita GDP is computed by dividing the GSP by the national population an tends to act as an indicator of the trend in living standards of individuals (Mankiw, 2012). Production Output Performance Explanation of witnessed trends It is apparent that the real GDP for the country is quite stable though it is vulnerable to external shock as exhibited in 2009. The steady rise in real GDP is indicative to the output increase in real terms without considering any impact of price change. The growth rate curve with regards to GDP has witnessed various shocks prior to 2011 due to turbulent external environment but growth rate has become range bound in the last four years which provides stability to the economy. The per capita GDP is indicating a steady rise over the given period especially since 2010 which augers well for the enhancing living standards of the people. Further the rising income is also responsible for the rank improvement that Singapore has witnessed with regards to human development index (Mankiw, 2012). Production Output Performance Measures taken by government A key role in the above economic performance of Singapore is attributed to the proactive measures taken by the government. These typically include providing a conducive environment to foster FDI and providing ease of doing business to investors. Further, through budgetary allocations, the government tends to focus on advanced technology and provides incentives to encourage the same. Additionally, the rise in GDP per capita is reflective of the success that the government has achieved in enhancing the productivity levels of people through implementation of skill development programs along with providing quality education and health services. Despite the low amount of land area available, through proactive planning by the government coupled with corruption free and transparent business environment, Singapore has emerged as the financial hub of Asia and is making rapid strides fuelled by a skilled manpower (Waring Lewer, 2013). Labor Market Analysis The relevant trend for the unemployment rate in Singapore during 2005-2015 is captured in the graph below (TradingEconomics, 2016). It is apparent from the above graph that the unemployment rate is highest for Q2 and Q3 2005 along with Q3 2009.and is pegged at 3.4%. Further, the lowest unemployment levels are pegged at 1.7% in Q3 and Q4 2007. However, since 2010, the unemployment levels have stayed consistently below 2.5%. Further, since 2012, the unemployment has not crossed 2% which would be considered as exceptional. Unemployment Definition and Type Unemployment may be defined as a situation when a particular individual wants to work but is not able to get any work. There are three main types of unemployment namely cyclical, frictional and structural.Cyclical unemployment is defined as the unemployment caused due to lack of demand i.e. due to cyclical fluctuations in the business cycle (Weale Christodoulakis, 2015). Structural unemployment typically results from changes in the industry structure especially technology and occurs when demand exists but the existing labour force do not have the requisite skills (Goodwin et al., 2013). Frictional unemployment results from the time lag between quitting a particular job and getting a suitable job. (Mankiw, 2012). Unemployment types in Singapore The different unemployment types that are existing in Singapore are discussed below.Cyclical unemployment is prevalent in Singapore as it relies heavily on external labour from all round the globe particularly Asian countries such as India, China. In the event, that the aggregate demand reduces then there is a reduction in the demand of the labour and hence unemployed increases. On the other hand, better economic growth leads to higher employment (Tan, 2015).Structural unemployment is prevalent in Singapore as greater emphasis is placed on promotion of capital intensive technology as a result of which the skill sets required are dynamic. Due to shift from labour oriented practices to technology driven, the skills of certain employees become redundant and they remain unemployment till suitable up-gradation in skills does not take place (McTaggart, 2012).Frictional unemployment is prevalent in Singapore as individuals tend to shift to look for better jobs and inevitably there is a time delay in this process which gives rise to this temporary unemployment (Pigou, 2013). Unemployment Measures taken by the government The government has taken a host of measures to ensure that unemployment remains under check. One of the significant ones in this regard is the use of fiscal policy which tends to encourage innovation and productivity enhancing measures which in turn enhances the cost competitiveness of businesses based in Singapore (Borio, 2014). Additionally, active support is provided to the unemployed through programs such as Workfare Income Supplement (WIS) and also ensures that they have enough disposable income to invest in enhancement of skills (Wagner, 2014). In order to deal with structural unemployment in a vibrant economy, the government has initiated a Skill Programme for Upgrading and Resilience (SPUR) whereby trainees are imparted skills as well as paid. This goes a long way in resolving the issue of structural unemployment (Cho Newhouse, 2013). Price Level Analysis The inflation trend for 2005-2015 is captured in the graph shown below (TradingEconomics, 2016). It is apparent from the above that highest inflation level that has been witnessed is 7% in the year 2008. Further, the lowest inflation level during the given period was seen in 2010 when the inflation was -1%. There are trends of inflation as it tends to increase and then decreases. The inflation peaked just before the global recession and then decreased to reach negative terrain during the recession, It further increased to peak in 2012 after which the inflation decreased to enter negative terrain in 2015. Inflation Definition and Causes Inflation may be defined as the general rise in price levels which tends to erode the purchasing power of money (Simpson, 2014).There are two primary causes of inflation namely the rise in cost of underlying products or services and the increase in demand of goods. The former phenomenon is referred to as cost inflation and implies that the rise in product price is caused due to an increase in the production cost. Thus, at a particular price, the supply would drop and hence lead to increase in price due to shortage in supply (Ghosh, 2013). The latter phenomenon is referred to as demand pull inflation and causes a rightward shift in the demand curve due to higher demand which leads to an increase in the equilibrium price resulting in inflation (Gandolfo, 2013). Inflation Analysis Causes in Singapore Singapore witnesses inflation of both the kinds mentioned above. The cost push inflation is caused due to high dependence of the nation on imported items. As a result, if the price of the goods tends to increase in the international markets, then the same would also be reflected in Singapore market and hence would cause inflation. The demand pull inflation is the result of increasing population of Singapore due to high immigration low particularly from neighboring countries in Asia which leads to higher demand for products and services, thus fueling inflation (Ghosh Yu, 2013). Measures for inflation control Singapores monetary authority tends to regulate the currency exchange rate as the country is dependent on imports for critical items such as food. Further, in case of flow of foreign funds into the country, suitable intervention is made so that this money is absorbed in a prompt manner with adequate checks and balances so that the inflation remains in the acceptable narrow band (Bhaskaran, 2014). Additionally, fiscal measures such as subsidizing staple imports and providing tax rebates are also done especially at a time when inflation tends to be high (Das, 2014). Conclusion On the basis of the above discussion, it can be concluded that the Singapore during the last ten years has been able to sustain a healthy growth rate in GDP which has far exceeded the population growth rate. The GDP has indeed suffered shocks particularly due to the global financial crisis but through prudent government policy and underlying resilience of economy, the bounce back has been spectacular. Further, various types of unemployment tend to exist in Singapore but the level is highly stable primarily due to the government initiatives which promotes skill building and up-gradation to ensure that there is no shortage of skilled manpower. Also, inflation occurs both through demand and supply parameters and seems to be driven in cycles based on the trends of last ten years. But the country has been able to manage it well for the stabilization of the currency which is imperative for an export oriented economy. Reference Borio, C. (2014). The financial cycle and macroeconomics: What have we learnt?. Journal of Banking Finance, 45, 182-198.Bhaskaran, M., (2014). Challenges Facing the Singapore Economy. Southeast Asian Affairs, 2014(1), pp.290-302.Cho, Y., Newhouse, D. (2013). How did the great recession affect different types of workers? Evidence from 17 middle-income countries. World Development, 41, 31-50.Gandolfo, G., (2013). International Economics II: International Monetary Theory and Open-Economy Macroeconomics. Springer Science Business Media.Ghosh, A. and Yu, J., (2013). Singapore Inflation Expectations: Expecting the Unexpected. Sim Kee Boon Institute for Financial Economics, Lee Kong Chian School of Business, Singapore Management University.Goodwin, N., Nelson, J., Harris, J., Torras, M. and Roach, B., (2013). Macroeconomics in context. ME Sharpe.Mankiw, N. (2012). Macroeconomics. New York: Worth PublishersMcTaggart, D., Findlay, C., Parkin, M. (2012). Macroeconomics. Frenchs Forest, N.S .W.: PearsonPigou, A. C. (2013). Theory of unemployment. RoutledgeSimpson, B. (2014). Money, Banking, and the Business Cycle. Basingstoke: Palgrave Macmillan.Tan, K. P. (2015). Singapore in 2014. Asian Survey, 55(1), 157-164.Trading Economics (2016), 300,000 Indicators from 196 countries, Retrieved 27 July 2016, from https://www.tradingeconomics.com/Waring, P., Lewer, J. (2013). The global financial crisis, employment relations and the labour market in Singapore and Australia. Asia Pacific Business Review, 19(2), 217-229.Weale, M., Blake, A., Christodoulakis, N. (2015). Macroeconomic Policy. Florence: Taylor and Francis.