Reference no: EM132787043

BA7020 International Money and Finance Assignment - Kingston University, London, UK

Assessment - Prepare a report of no more than 3,000 words (excluding graphs, tables and references) which should cover the following topics:

(a) Examine what accounts for the swings in a country's current account balance over time. Review the theory and provide empirical evidence in your discussion.

Examine. Look in close detail and establish the key facts and important issues surrounding a topic. This should be a critical evaluation and you should try and offer reasons as to why the facts and issues you have identified are the most important, as well as explain the different ways they could be construed.

(b) Analyse the balance of payments (of a country of your choice) for the period 2010-2017 (data can be accessed from the IMF-BOPS database). The analysis should include examinations (presentations of statistical data with discussion based on theory, empirical evidence from journal articles, and examples from the market) of the current account balance and capital/financial account balance. Document the trends you observe, investigate the economic factors which might account for the changes in the balances, and link the changes in the balance of payments data with theory, empirical evidence and the prevailing economic conditions.

In your report it is important that you use (a) your own graphs/tables of the data for the balance of payments, (b) your analysis of the data, the theory and of the empirical results from journal articles in order to articulate/justify your arguments, and finally, (c) referencing of academic value (textbooks and journal articles). There is plenty of analysis about the balance of payments data from government agencies. BUT I am marking your analytical abilities and your ability to integrate theory and results from prior empirical evidence in your analysis of the data.