Economics Essay Example | Topics and Well Written Essays - 500 words - 2

economics - Essay ExampleDue to current civil unrest in Bahrain and neighboring locations thither are no current statistics available. However, the rate of inflation in 2010 was 3.3% which was up sharply from the reported 2.8% in 2009. one and only(a) author from the Wall Street Journal wrote, In its statement, Egypts underlying Bank said deteriorating regional policy-making circumstances, including a civil war in Libya as well as violence in Syria, Yemen and Bahrain, could require up oil prices and further slow the continuing global economic recovery. (Bradley) The Bahrain Economic Development wit is positive in the most recent release, In Q4 2010, the Bahrain economy is expected to post similar harvest-festival to that seen in the third quarter growthover 4% (Bahrain Economic Quarterly p. 4). Overall there is growth occurring especially in the tourism section as oil only accounts for approximately 15% of the economic outlook. With the civil unrest and potential for continui ng problems there may be a pickpocket in tourism as a result. It will be necessary to see what the results are onwards making long term forecasts. Bahrain Economic Quarterly, . Bahrain 2030, Bahrain Economy. Bahrain Economic Development board. N.p., First Quarter 2011. Web. 28 Apr 2011. http//www.bahrainedb.com/uploadedFiles/Bahraincom/BahrainForBusiness/BEQ%20Q1%202011.pdf Bradley, M. Egypt Central Bank Keeps Key Interest Rates Unchanged . Wall Street Journal. Dow Jones and Company, 28 April 2011.