International Marketing Article 2022

Running head: INTERNATIONAL MARKETING
INTERNATIONAL MARKETING
Name of the Student
Name of the University
Author Note

INTERNATIONAL MARKETING1
Article 1: Australia’s Slowing Economy: how should the government and Reserve Bank
respond?
According to the author, Gerg Jericho, the employment rate in Australia is continuously
declining. The above mentioned article provides a brief overview of current economic condition
of Australia and provide a view about how government and Reserve Bank should act on this
condition1. The author asks 3 professionals about what needs to be done to control the recession
rate of Australia. The unemployment rate has raised to 5.3% to 5.0% in August2. The
government has taken measures on the fiscal side while Reserve Bank controls the monetary
aspect. Beside this, RBA has reduced the cash rate but the growth rate of inflation is still on a
low scale3. The author raised different questions to three different economic experts named
1Laurenceson, James, and Michael Zhou. "Small grey rhinos: understanding Australia’s
economic dependence on China." (2019).
2 Jericho, Greg. 2019. "Australia's Slowing Economy: How Should The Government And
Reserve Bank Respond?". The Guardian.
https://www.theguardian.com/business/2019/sep/21/australias-slowing-economy-how-should-
the-government-and-reserve-bank-respond.
3 Kraal, Diane. "Petroleum industry tax incentives and energy policy implications: A comparison
between Australia, Malaysia, Indonesia and Papua New Guinea." Energy policy 126 (2019): 212-
222.

INTERNATIONAL MARKETING2
Stephen Kirchner, Brendan Coates and Emma Dawson. The author asked that is RBA has the
right to introduce the greater financial interventions by the government. On this question,
Stepehen said that any company should maintain a proper economic cycle by developing proper
production and supply chain4. Emma said that company should develop effective monetary
policy that will help the firm to maintain effective monetary transactions among all the suppliers,
dealers and other stakeholders. Brendan has said that in order to maintain the proper balance
company should maintain a proper infrastructure and economic cycle. For this inflation, the
economic growth and financial budget of the company are at risk. Thus, it not only affect the
economic and financial aspects of the company but also put a negative impact of the social
environment of Australia.
Article 2: Activists are using the climate emergency as a new legal defense to justify law-
breaking
Climate emergency has become one of the major threat on different nations. Canadian
government and different political parties has made different strategies to address this problem
of climate emergency5. It has been noticed that the rate of floods, land erosions increased. The
main reason for this climate change are the emersion of different harmful gas, high pollution rate
4 Cutler, Wendy, and Hyemin Lee. "ADVANCING THE US-KOREA ECONOMIC AGENDA."
(2019).
5 Fernández, Edgar Fernández, and Claire Malwé. "The emergence of the ‘planetary boundaries’
concept in international environmental law: A proposal for a framework convention." Review of
European, Comparative & International Environmental Law 28, no. 1 (2019): 48-56.