Economic Research Paper Example | Topics and Well Written Essays - 750 words

Economic - Research Paper ExampleAustralia remains one of the two countries found in the Asian region with the AAA credit rating. The countrys foreign as well as local currency ratings project remained electrostatic for a long time and this has played a huge role in its AAA rating. It has a very resilient frugality and a high government financial capability and strength. These two factors give the countrys economy a low susceptibility to risks and volatility (Pettinger par 7). found on the nations size, diversification, and performance, it has been classified as a country with a strong economy. It does not have significant natural resources but this has been compensable by the well-developed manufacturing and service sector. Australias economy has a very favorable long term growth prospects and the diversified economy has helped in reducing the levels of resultant risks.Denmark is also given AAA credit ratings. The countrys economy is said to be among the most stable in the wo rld. It has a mixed economy that relies on both the available natural resources and the well-developed manufacturing and service sector. Its pharmaceutical industry plays a very huge role in ensuring that the economy grows and remains stable. The nautical industry is also well developed. The third country is Canada. Canadas ranking has been heavily linked to the trade that takes place between the country and the United States of America. agree to Monaghan, more than half of Canadas exports end up in the United States (par5). It has a well-developed automotive and Service sectors with its banks being ranked amongst the most profitable and stable in the whole world. The coming up of technology firms in various cities has also boosted the economy.Germany has been able to maintain its AAA credit ratings for some times now. patronage the effect of the Euro crisis which almost challenged its rating, the economy remains stable with a high government financial strength. It has a well-built automotive