Factors affecting growth of film industry

Factors affecting the growth of the Malawian film industry M Magalasi Abstract Interest in development of Malawian film has occurred like flashes in pans over the years, considering the culture of cinema and film making in the country. Like many Malawian arts genres, attempts to develop the film industry have met lukewarm responses from the market that seems unready to consume Malawian products, given the international competition that the practice has had over the years, whether it be from the British colonial films, moving to Hollywood, the injection of Chinese karate movies and of late the popular Nollywood video films. Besides the market, however, issues of support in terms of non-existent legal frameworks emerge now and again, adding to explanations of failing growth. In the end, what this paper achieves is to further what scholars such as David Kerr have explored as they connected the Malawian film industry to British colonial film making in Central Africa, tea marketing cinema, and its illustrious viewing plans in Nyasaland, as it fills the scholarly information gap that exists.

Factors affecting growth of film industry

Tweet on Twitter There are generally factors affecting peso-dollar exchange rates. I listed down some factors so you will have an idea as to why peso-dollar exchange rates fluctuate.

Factors affecting growth of film industry

Pixabay With all the politics and debate going on in this world, there are a lot of interests in the peso-dollar exchange rates. Things have been different for the past few years as we have seen the value of the dollar fluctuating. For some, this forces them to cut back on their daily needs while others cut back on their travel and fun.

There are generally factors affecting peso-dollar exchange rates. US economy has been in downturn. US and Japanese are the Philippines major export destinations. More supply with high demand will affect the value of the dollar. Slack business activity in these countries and lower consumption means that their businesses and consumers are buying less of our exports.

When a country experience a recession, its interest rates are likely to drop, decreasing its chance to acquire foreign capital.

And as a result, its currency weakens in comparison to that of other countries, lowering the exchange rate. OFW remittances have been on general downtrend.

Reduction in remittances could be traced, in turn, to the economic slowdown in these labor-importing countries.

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This is why OFWs hold back converting their dollars into pesos in anticipation of a higher exchange rate, that is, in expectation of the further weakening of the peso. Foreign exchange receipts declined.

Foreign exchange receipts from tourism have declined because of the unresolved series of kidnappings by the Abu Sayyaf. Foreign investments coming in the Philippines have been affected by the debt crisis and political crisis.

Some foreign investments coming in the Philippines that is affected by debt crisis and political crises tend to lump together emerging markets.

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Thus, any indication of crisis in any of theses countries can result in the weakening or worse loss of the investor confidence elsewhere and higher risk premium on lending.

Countries with lower inflation rates tend to see an appreciation in the value of its currency. The prices of goods and services rise at a slower rate where the inflation is low. Thus countries with consistently lower inflation rate exhibits an increasing currency value while countries with higher inflation typically see depreciation in its currency accompanied with growing interest rates.

Changes in interest rate can affect currency value and dollar exchange rate. Thus, this attracts more foreign capital which causes a rise in exchange rates. The increase in demand will cause the value to rise.

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Thus, investors will demand more of that currency in order to make a profit in the near future. With this increase in currency, the value rise in the exchange rate as well. Some government attempt to influence the value of their currency, they sought to keep its currency undervalued to make their exports more competitive.

It provides a window to its economic stability that is why it is constantly watched and analyzed.

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These factors determine the variations and fluctuations in exchange rates and explain the reason behind their instability. I hope you learn something from this article. Visited 3, times, 2 visits today TAGS.Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.

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