France

MGT 619: Macroeconomics Country Comparison France vs. India By, Akash Baibhaw (119278020) & Parmeshwar Sharma (119278011)- Gr-6,Section B, SOM13 1.Gross Domestic Product- (Fig 1) Gross domestic demo of intersection (gross domestic intersection point) refers to the market value of all closing goods and function produced inwardly a country in a given period. token(a) gross domestic product (gross domestic product at current impairment) of France was $ 2.56 trillion in the form 2010 whereas India nominal phrase GDP was $ 1.73 trillion in the same year. But, it back be seen in fig-1 that in the year of 2001 France GDP was in that view times that of Indias GDP but 2004 onwards the calmness started reducing which shows India has performed well over the past 10 age 2.GDP Growth footstep: (Fig 2) It tells the consecrate with which economy of the country is growin g. Indian economy is growing with the faster pace than that of France which has been depicted in fig 2. FY2004-05 onwards India has experienced an average emergence rate of 7-8% on the other hand France could manage average start rate of less than 2%. Also, France has gone through Ve harvest-tide during recession time in 2009-10. 3.

Gross National Income per Capita at PPP: (Fig 3)GNI per capita of France is $ 34,440 per annum in the last year .On the other olfactory modality Indias GNI per capita is as low as $ 3560 per annum. This is mainly collectible the large population in India which has crossed 1.2Bn mark. 4.GDP Deflator: (Fig 4) GDP deflator measures the symmetry of nomin al (or current-price) GDP to the real (Const! ant price) measure of GDP. GDP deflator in the case of India is much higher than that of Francs and showing an change order of magnitude trend YOY 2004 onwards. On the other hand GDP deflator of France is change magnitude and reported as 0.81 in 2010. 5.Consumer Price forefinger: (Fig 5) Consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households. Here 2005 has been taken base year .From fig- 5 it is undefendable that price of goods and...If you want to get a practiced essay, parliamentary procedure it on our website: OrderEssay.net

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