country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Emerging Market Impacts In Australian Market

tag 0 Download5 Pages 1,099 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss about the Emerging Market Impacts in Australian Market.

 

Answer:

Introduction

The emerging market should be approached as the high risk but has a high return sub class for the world equities.  The risk related to the emerging market include the relatively high beta as well as illiquidity, sensitivity to the world economy as well as the investor risk appetite as well as the propensity, which is towards the volatility(Fedorova and Saleem, 2009). In Australia, there are various key challenges, which are affecting business these are as follows: political instability, absent of the reliable government, weak legal system, slow judicial process, bureaucracy and the corruption. This research is aimed to explain the challenges that have been affecting the emerging market in Australia.

Political Instability

The current political uncertainty environment in the Australia has contributed much with the situation in the country whereby the investors, households as well as businesses are holding off their spending until the election. This unfortunately could cause a subdued activity, which can cause a damage to the Australian market (Lepone, Mollica and Wright, 2013). Moreover, the overseas investors as well as the managers want to see certainty when it comes to the political environment. Their confidence has further been hampered by the falling Australian dollar, which has overwhelming sentiments offshores, which will make it to fall below the 0.90 dollars. The market is believed to stabilize at the higher level and thus it is unlikely that the equity market would be supported by the significant inflows of the offshore money.

Absent of the Reliable Government

A reliable government is a major player in the market. In Australia, the government has not been present to help with the growth of the emerging market in the country. The government can play a major role when it comes to the monetary policy as well as solving the issues of the currency inflation. The government could do some fine control when it comes to the tax policy in order for the investor to be able to move capital between the investments since there is a favourable tax status. Further, the government could legally create their respective currency. This way they will provide short-term economic boost and the companies in the country could charge more for their products.

Weak Legal System

The legal system of a given country is important to the international businesses.  The differences when it comes to the legal systems could affect the attractiveness of a country on the market. In Australia, there is a weak legal system, which has affected its market. One way is the issue of the access to justice (Lepone, Mollica and Wright, 2013). There has been a counterbalance of the administration as well as the respect for the fundamental values and the principles, which have, underpin the Australian legal system and the quality along with integrity to those administering it.  The ordinary individuals in Australia cannot get access to the legal system (Ramamurti, 2009). There has been issues relating to the cost of the legal services, which are high, there is no provision of the legal aid and there is in no justice system of delivering fairness on the cases brought before them.

 

Slow Judicial Process

The judicial process in the Australia have impacted negatively on their market. The level of the quality and the integrity of individuals who are administering justice is questionable (Eljelly, 2004). The ordinary Australian cannot an access to the judicial system and the efficacy of the system in the practice in the delivery of the justice is to those who need it. The slow process has been affecting their market, which makes many investors to shy off to invest in this country since their legal matters take time to be addressed (Wong, Penm, Terrell and Ching, 2004). There should be system in place where all the legal issues, which are influencing the economy, could be addressed quickly.

Bureaucracy

Bureaucracy and the excessive regulation that is also known as the red tap has impacted greatly in the Australian economy. In Australia, there have been many rules, permits, taxes, procedures as well as the requirements that could be vital when doing business in the new market (Eljelly, 2004). Many organization shy away from the business in this country. As a result of the bureaucracy, it has impeded many foreign investor to take the appropriate action in order to adapt to the changing market in the country (Ramamurti, 2009). Further, it has led to frustration as well as failure along with promoting stereotypes, which has resulted to making interpersonal relationship to be difficult.

Corruption

In Australia, it has been placed to the international watch list because of the increase in the amount of the fraud and the corruption cases.  According to the corruption perceptions Index which was done in 2016 it ranked Australia 13 in the world (Cai, Kim and Wu, 2017). Australia percentage for corruption is at seventy-nine with hundred percent being the highest. The country has been involved in the recent foreign bribery scandals as well as threats to the independent institutions (Cai, Kim, and Wu, 2017). This has greatly affected on the country economies due to the misuse of the power, unfair ways and the corruption. This has greatly caused this emerging market as well as the society to be affected.

Conclusion

Australia is an emerging market with many investors channelling their investment to this country. Just like any other country there has been challenges, which have been affecting the country. Some of these challenges are corruption, weak legal system, slow judicial process, bureaucracy and the political instability, which have been exhibited in the country. I believe with the right policies from the government and their involvement in the emerging market there could be reduction in some of these challenges if not all.

 

References

Cai, P., Kim, S.J. and Wu, E., 2017. Foreign Direct Investments from Emerging Markets: The Push-Pull Effects of Sovereign Credit Ratings. 

Eljelly, A.M., 2004. Liquidity?profitability tradeoff: An empirical investigation in an emerging market. International Journal of Commerce and Management, 14(2), pp.48-61. 

Fedorova, E. and Saleem, K., 2009. Volatility spillovers between stock and currency markets: Evidence from emerging Eastern Europe. 

Lepone, A., Mollica, V. and Wright, D., 2013. Technology Impact on Capital Markets Research commissioned by the Financial Services Council (FSC). 

Ramamurti, R., 2009. 13 What have we learned about emerging—market MNEs?. Emerging multinationals in emerging markets, p.399. 

Wong, W.K., Penm, J., Terrell, R.D. and Ching, K.Y., 2004. The relationship between stock markets of major developed countries and Asian emerging markets. Journal of Applied Mathematics & Decision Sciences, 8(4), pp.201-218. 

OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Emerging Market Impacts In Australian Market. Retrieved from https://myassignmenthelp.com/free-samples/emerging-market-impacts-in-australian-market.

"Emerging Market Impacts In Australian Market." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/emerging-market-impacts-in-australian-market.

My Assignment Help (2018) Emerging Market Impacts In Australian Market [Online]. Available from: https://myassignmenthelp.com/free-samples/emerging-market-impacts-in-australian-market
[Accessed 09 April 2020].

My Assignment Help. 'Emerging Market Impacts In Australian Market' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/emerging-market-impacts-in-australian-market> accessed 09 April 2020.

My Assignment Help. Emerging Market Impacts In Australian Market [Internet]. My Assignment Help. 2018 [cited 09 April 2020]. Available from: https://myassignmenthelp.com/free-samples/emerging-market-impacts-in-australian-market.


MyAssignmenthelp.com is the perfect solution to render quality solution for all sort of academic issues. We have hired professionals from different fields of study to provide assistance with different subjects. We successfully have provided different types of assignment solutions on 100+ subjects. We have hired industry experts to deliver nursing assignment, hr assignment and finance assignment help. To offer quality content with IT assignments, we have hired IT professionals to render programming language assignment help and IT assignment help for other types of IT assignments as well.

Latest Management Samples

DBN509 Operations Management

Download : 0 | Pages : 12

Answer: Introduction Operations Management refers to area of the management that deals with designing along with controlling process pertaining to production which is involved in producing good or a service. It helps in ensuring the fact that business operations run in an efficient manner that helps in meeting the needs of the customer. Fonterra was created in the year 2001 with the merging of two co-operatives called New Zealand Dairy Group ...

Read More arrow

BUS106 Marketing Principles For Designing And Production Of Boats

Download : 0 | Pages : 6

Answer: Introduction OzCo Boats is a family-owned boat building industry based in Coffs Harbour, situated in New South Wales has been operating since 1961. It builds high quality and luxury boats that are made from traditional material. In the current scenario of technological developments, they have to embrace innovative technologies to compete with its competitors and needs to transform its traditional methods of production. If it is contin...

Read More arrow

MBA502 Professional Workshop For Self Awareness And Work Performance

Download : 0 | Pages : 7
  • Course Code: MBA502
  • University: Kaplan Business School
  • Country: United States

Answer: Part one  Chosen topic- Self awareness (From workshop week 2) Activity name Description   Time needed   Expected Outcomes   Things to consider (instructions)   Expected barriers   1. Adjective game  This activity is about giving an adjective to own self and to others and then to see whether self given adjectives and the adjectives chosen by others ...

Read More arrow

BUSN20017 Communication In Business For Email And Employment Letter

Download : 0 | Pages : 9
  • Course Code: BUSN20017
  • University: Central Queensland University
  • Country: Australia

Answer: Introduction: Communication is used for the information transformation between different sources. It has different types such as verbal, non-verbal. There are many things to communicate for some purpose. Professionalism is require a better communication for fulfill the basic requirements in business. Business communication is playing a key role in a life of professional person for their professional work.     This essa...

Read More arrow

ACC202 Fair Value Accounting For Financial Assets And Economies

Download : 0 | Pages : 7

Answer: Fair Value Accounting Mark to Market or Fair value accounting shows the current price or the potential of the asset in the market. Assessment of fair value accounting is one to reflect economic reality in the corporate environment. The fair value shows the potential price in which the asset can be bought or sold in respect of the cash flows or the economic benefits flowing from the asset (Goh et al. 2015). The cons and pros of ap...

Read More arrow
Next
watch

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,249,346

Orders

4.9/5

Overall Rating

5,068

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

416 Order Completed

95% Response Time

Tyler Moore

MBA in Accounting

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

234 Order Completed

100% Response Time

Samantha Ji

PhD in Chemistry with Specialization in Organic

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

285 Order Completed

99% Response Time

Eugene Baranowski

MBA in Supply Chain

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2115 Order Completed

97% Response Time

Kimberley Chen

MPA in Accounting

Singapore, Singapore

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

I hope I get good mark! I hope I get good mark!I hope I get good mark!I hope I get good mark!I hope I get good mark!I hope I get good mark!

flag

User Id: 392150 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating

HANDED IN ON TIME THOUGH GAVE A VERY SHORT TIME TO DO SO. THE WORK WAS WELL DONE TOO!!

flag

User Id: 194216 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating

Always impecable work. I super reccoment this service to anyone. The quality of work and agile delivery are the high points.

flag

User Id: 396689 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating

this was an excellent assignment I cant understand how the assignments can differ in presentation, is it that some writers are trained and some are not.

flag

User Id: 315260 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?