Yemen

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Yemen

  1. 1. By Emma Jones, Kate Jones, Emma Roberts, Sammi Watson, Sophie Elstrott
  2. 2. ★Yemen won independence from Britain after eight years of civil war and two years of Marxist-guerilla warfare.
  3. 3. ★Yemen won independence from Britain after eight years of civil war and two years of Marxist-guerilla warfare. ★Yemen became the People’s Democratic Republic of Yemen in 1970.
  4. 4. ★Yemen won independence from Britain after eight years of civil war and two years of Marxist-guerilla warfare. ★Yemen became the People’s Democratic Republic of Yemen in 1970. ★Yemen has a population of about 20 million people.
  5. 5. ★Yemen won independence from Britain after eight years of civil war and two years of Marxist-guerilla warfare. ★Yemen became the People’s Democratic Republic of Yemen in 1970. ★Yemen has a population of about 20 million people. ★The current President of Yemen is Ali Abdullah Saleh.
  6. 6. ★Yemen won independence from Britain after eight years of civil war and two years of Marxist-guerilla warfare. ★Yemen became the People’s Democratic Republic of Yemen in 1970. ★Yemen has a population of about 20 million people. ★The current President of Yemen is Ali Abdullah Saleh. ★Major exports include oil, honey and coffee
  7. 7. ★Illegal imports (smuggling)
  8. 8. ★Illegal imports (smuggling) ★General health of population is extremely poor
  9. 9. ★Illegal imports (smuggling) ★General health of population is extremely poor ★Dearth of government financing
  10. 10. ★ International Monetary Fund ★Suspended financial aid due to Yemen’s failure to meet the fiscal policy they proposed to reduce deficits and increase revenue ★ World Trade Organization ★Yemen is currently trying to become a member of the WTO ★World Bank ★Has given support to Yemen since 1991 ★Supervises price reforms ★Is aiding Yemen in: health, education, water resource management, infrastructure and public sector management ★Proposed to cut 1/3 of the $2.4 billion support package if economic reforms are not seen in Yemen
  11. 11. Step 1: Export-led Growth Goal: Export more oil and honey More exports would: • Increase Yemen’s revenue • Decrease Yemen’s large current account deficit • Cause economic growth/increase GDP (Growth domestic product)
  12. 12. Step 1: Export-led Growth Goal: Export more oil and honey More exports would: • Increase Yemen’s revenue • Decrease Yemen’s large current account deficit • Cause economic growth/increase GDP (Growth domestic product) LRAS SRAS Price Level P2 P1 AD AD Y1 Y2 Growth Domestic Product
  13. 13. Step 1: Export-led Growth Step 2: Government Subsidies Goal: Export more oil and honey Goal: Give money to poor for start of small businesses More exports would: • Increase Yemen’s revenue Subsidy: a sum of money granted by the • Decrease Yemen’s large current account deficit government or a public body to assist an industry • Cause economic growth/increase GDP or business so that the price of commodity or (Growth domestic product) service may remain low or competitive LRAS SRAS Subsidies would: • Provide job opportunities, decreasing Price Level unemployment rate • Increase supply of domestic products, making P2 them cheaper than contraband • Assist development P1 AD AD Y1 Y2 Growth Domestic Product
  14. 14. Our solution addresses the U.N. Millennium development goals number 4 and 5
  15. 15. Our solution addresses the U.N. Millennium development goals number 4 and 5 Goal #5: Improve maternal health Goal #4: Reduce child mortality
  16. 16. Our solution addresses the U.N. Millennium development goals number 4 and 5 Goal #5: Improve maternal health Goal #4: Reduce child mortality Subsidies would increase the standard of living of the Yemenites.
  17. 17. Honey treats most diseases in Yemen. One study “found that the sticky substance eliminated the need to re- stitch wounds and expose the patients to additional surgery” (Yemen Observer Newspaper). Yemen produces about 1,706 tons of honey a year. Increasing the honey exports bring in millions in revenue for Yemen.
  18. 18. Honey treats most diseases in Yemen. One study “found that the sticky substance eliminated the need to re- stitch wounds and expose the patients to additional surgery” (Yemen Observer Newspaper). Yemen produces about 1,706 tons of honey a year. Increasing the honey exports bring in millions in revenue for Yemen. Enjoy a honey stick on us, and experience Yemen’s cultural healing power!

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