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Author Topic: Economy in your country  (Read 36937 times)
AStephen2011 (OP)
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May 18, 2018, 04:16:24 AM
 #1

An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
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May 18, 2018, 04:28:38 AM
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Thus disclosed economic observer Faisal Basri, in a discussion at The Hermitage Hotel, Jakarta, Monday (16/10/2017).

"The world economy is really good, its Growth is up from 3.2% to 3.6% .Almost all countries were upgraded early last week by the IMF.The volume of trade also rose from 2.4% to 4.2% .Reuters twice fold, "he said.

"However, the improved world economy is not immediately impacted in Indonesia. There is a long time lapse compared to other countries," continued Faisal.

Furthermore, he said, in improving and encouraging economic growth of RI required two important things. That is from the banking side and the government itself.
the current value of the rupiah currency is meaningless with the international currency.
decreasing value.
My hopes of bitcoin can help the economy and increase revenue in my country.
I'm sure bitcoin is an alternative way to get a better economy.

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May 18, 2018, 05:00:30 AM
 #3

In the present time economic situation in our country is improving and crypto currencies are normally operating in our country and the unemployment will reduce with crypto and soon the new business will also grow in our country which will increase crypto demand.

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May 18, 2018, 05:33:41 AM
 #4

I believe the economic situation in a country is a function of the views of the people in government and decision makers. When the people are not futuristic and are blind to the opportunities as they present itself, they would still be swimming in ignorance. For instance, some countries are seriously looking at cryptocurrency while others are waiting sheepishly.

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May 18, 2018, 05:51:14 AM
 #5

An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.

My country's economy is badly handled if considered all those things that you have mentioned up there. I mean there is no proper system where we cant track the transactions, there is huge surge of black money as well as money laundering.

But this is not the peoples mistake here as government is asking too much taxes than the other developed country. This causes people to think government as rivals of their money or earnings and hence they do such things and economy gets disturbed at all.

Its not like people dont want to pay taxes but its the thing that we are not getting proper infrastructure for what we are paying to government.
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May 18, 2018, 06:35:04 AM
 #6

I believe the economic situation in a country is a function of the views of the people in government and decision makers. When the people are not futuristic and are blind to the opportunities as they present itself, they would still be swimming in ignorance. For instance, some countries are seriously looking at cryptocurrency while others are waiting sheepishly.

I totally agree with you that the real economic situation of the country is assessed based on the views of different people holding separate views and having different parameters. Politicians in my country are fond of appraising themselves relying on statistics to show that they are managing the economy better than their predecessors and have something to campaign for in the next cycle but its even worse than the way they met it. The two group are actually correct because politicians rely on statistics while the people decides based on what they can buy.

There was this time the Statistics Bureau released a report to say things are getting better and there was an out lash against it because its just an absolute false report that anybody can relate with that they had to release an explanation that what they use to judge is the average economic indices and not actual. The economy is better is you as an individual see it better irrespective of the statistics by world bank or IMF or anyone whatsoever releases.
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May 18, 2018, 07:29:32 AM
 #7

Economy in our country is quite good , there is constant growth in our economy. But the problem is people in our country doesn't feel that growth. There is a growth in our economy but its very little, the reason behind this is inflation. Inflation hinders our country to grow  and also lack of opportunities in our country . Our country is rich with natural resources but the problem is the government doesn't give enough assistance to our farmers.
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May 18, 2018, 08:04:56 AM
 #8

My country economy is bad due of the government is corrupting the country also many politicians are corrupt and the poor gets poorer the rich gets richer the price of the goods is expensive i hope that someday the country's economy will grow and many people have a good job with a good salary.
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May 18, 2018, 08:32:07 AM
 #9

In the present time economic situation in our country is improving and crypto currencies are normally operating in our country and the unemployment will reduce with crypto and soon the new business will also grow in our country which will increase crypto demand.

it is true since the existence of crypto, the number of unemployment in my place now has much reduced, what else is supported by technological progress, so they are more excited again in getting crypto, which in fact in my country cryptro was not yet official but users continue to increase because crypto has brought changes to its users
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May 18, 2018, 08:46:12 AM
 #10

An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
the economy of the philippines is rising. few years ago philipines are one of the poorest country in asia but now philippines is soaring up like an eagle and i know that we will shine. our president Rodrigo Duterte make an appoinments for our country to save more money and of other country to invest with philippines.
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May 18, 2018, 08:46:57 AM
 #11

In the present time economic situation in our country is improving and crypto currencies are normally operating in our country and the unemployment will reduce with crypto and soon the new business will also grow in our country which will increase crypto demand.
you say our country's economy is on the rise? who are you talking to ? then how to know he has the same country with you  Huh

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May 18, 2018, 09:12:35 AM
 #12

What?  Did you asking a question? Well, anyway the economy in my country was terrible, so many corruption even the people who worked for the government did that. I don't know how to fix this problem,  but I'm pretty sure if bitcoin has it legalize in my country would be change a lot of things about the economy which is good movement.
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May 18, 2018, 09:35:11 AM
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My country's economy is not yet very modern, it is in the process of building the industrialization and modernization of the country, and the economy still predominates in the cultivation of poor people's lives and peanuts. rear
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May 18, 2018, 12:42:28 PM
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OP. What is the question here?

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May 18, 2018, 12:59:10 PM
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What?  Did you asking a question? Well, anyway the economy in my country was terrible, so many corruption even the people who worked for the government did that. I don't know how to fix this problem,  but I'm pretty sure if bitcoin has it legalize in my country would be change a lot of things about the economy which is good movement.


I know what country you are talking about. And the legalization of bitcoin will not help the financial system in the country. It can only be changed by new people in power, but nobody will let them in. But maybe after a while everything will change. I hope so...
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May 18, 2018, 01:03:21 PM
 #16

Government decisions in the economic field affect the course of welfare for the community. All of them cover various zones. including production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. All integrated into each other.
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May 18, 2018, 01:05:55 PM
 #17

The economic situation is base on the performance of the leaders, businessman, and the individual citizens in the country. As a matter of fact everyone have its own contributions to the result of economic growth. To strengthened the economy it should make individual more responsible toward self, family and to the patronizing.
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May 18, 2018, 01:07:00 PM
 #18

I believe the economic situation in a country is a function of the views of the people in government and decision makers. When the people are not futuristic and are blind to the opportunities as they present itself, they would still be swimming in ignorance. For instance, some countries are seriously looking at cryptocurrency while others are waiting sheepishly.

I totally agree with you that the real economic situation of the country is assessed based on the views of different people holding separate views and having different parameters. Politicians in my country are fond of appraising themselves relying on statistics to show that they are managing the economy better than their predecessors and have something to campaign for in the next cycle but its even worse than the way they met it. The two group are actually correct because politicians rely on statistics while the people decides based on what they can buy.

There was this time the Statistics Bureau released a report to say things are getting better and there was an out lash against it because its just an absolute false report that anybody can relate with that they had to release an explanation that what they use to judge is the average economic indices and not actual. The economy is better is you as an individual see it better irrespective of the statistics by world bank or IMF or anyone whatsoever releases.

Yep, politicians has its own interpretation of what is happening in a country and assessed it based on their own view. But most of the time the masses has its own interpretation, and I think everyone would agree that the people views and thoughts about the current situation put more weight because they are the one who really suffered or benefited or can relate in the real word. That's why you will see people protesting when the government release false reports about the financial standpoint of their country. As for my country, again the government says its improving but I can't feel and see the changes myself. Price of gasoline, basic commodities continue to increase and whoever is the sitting President, I doubt it can be turn around 360 degrees in 6 years.

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May 19, 2018, 01:44:36 AM
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For the past years when our president was elected,  he made a lot of steps for us. 1st thing is to lessen the crime especially drug related and remove corrupt officials and afterwards he is now focused in economy. It was a domino effect wherein when crimes went down government trust went up and gained more investors from different countries and when there are no corrupt officials (not saying that it was totally removed) we have more funds for the people. Because of him, our economy grew a lot wherein we are now 13th largest economy in ASIA and 3rd in ASEAN.

Recently, our country allowed 1st crypto business in economic zone which will for sure give us more growth in economy.
Ref: https://cointelegraph.com/news/philippine-govt-to-allow-countrys-first-crypto-businesses-in-special-economic-zone
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May 19, 2018, 02:05:24 AM
 #20

An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
Our country has lots of resources, lots of competent people but I just cannot imagine why the poor became poorer and the rich richier. Aside from that, almost all of the wealthy businessmen are not natural citizens. It is so sad to say, and there are lots if selfish people sitting in a public office. Well it is just what I see.
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