Rating bias and spillover impact

126 views 1 pages ~ 265 words
Get a Custom Essay Writer Just For You!

Experts in this subject field are ready to write an original essay following your instructions to the dot!

Hire a Writer

The essay investigates the consequences of ranking prejudice. It emphasizes the role China has played in stabilizing the global economy since the 2008 global economic crisis. The article examines how foreign organizations' ranking bias has had little bearing on China's economy and how it is expected to have widespread spillover consequences in other areas such as heightened global financial instability and sluggish recovery of the global economy. The article relates well to the class learning outcomes as it provides and explains the spillover effects caused by rating biases introduced by international agencies and explains the remedial measures China is taking to stabilize the global economy.

The article is elaborate and easy to understand. It outlines steps China is taking to put the world’s economy on a recovery path. It explains Corrective measures taken by China like exporting value chain, which has helped facilitate the recovery of global investments and trade. China has also invested so much in infrastructure, thereby improving the interconnection. Interconnection of regions of regions is critical in enhancing integration, trade and investment. The article recognizes that the world economy cannot recover if nations like China do not take proactive measures.

However, the article has one obvious weakness. For instance, it only argues that China has remained unaffected by rating bias, but fails to elaborate how and why the country has remained economically stable amid such events. The article has also not explained why the rest of the world is so vulnerable, even though it has sufficiently outlined the measures China is implementing to return the global economy to a trajectory of recovery.

November 09, 2022
Category:

Psychology Economics

Subcategory:

Behavior Asia

Subject area:

Bias China World Economy

Number of pages

1

Number of words

265

Downloads:

46

Writer #

Rate:

4.9

Expertise World Economy
Verified writer

MichaelR is one of the best writers in my opinion who is not only skilled as a writer but a great explainer. He has helped me nail down my Psychology task. A great person I shall approach again!

Hire Writer

This sample could have been used by your fellow student... Get your own unique essay on any topic and submit it by the deadline.

Eliminate the stress of Research and Writing!

Hire one of our experts to create a completely original paper even in 3 hours!

Hire a Pro

Similar Categories