2401 samples of this type
Executive Summary Problem Statement The current economic crisis is one of the worst to hit street outlets in the last two decades. City Styles, a chain of 18 fashion boutiques across south-east England was not spared either. Consequently, dealing with its surmounting challenges has drawn the concern of many experts...
Introduction Federal Reserve is the institution credited with setting U.S monetary policies. Numerous economists are found in this institution and they constantly analyze economic progress of the nation as well as other figures throughout the globe. Every decision of congress lies on the advice given by the congressional office. Economies...
The world trade organization and North America free trade agreements are both international trade agreements with several similarities and differences. This assessment paper will be deeply focusing on their comparisons and their ways of settling disputes. Both agreements have a common relationship towards the field of trade and economic of...
Economic freedom is the idea of free markets in which people have freedom to produce, buy and sell products and services both inside and outside one’s borders. These products and services should be obtained without the use of force, deception or robbery. Economic freedom is based on personal choice, keeping...
The ‘written Testimony of Mark Zandi’ is an article which outlines “The Causes and Current state of the Financial Crisis”. In this case, the main aim of this article is to examine the economic effect of the fiscal crisis that had been there for about three months ago. Based on...
Since the early 1950s, developed countries have contributed billions of dollars to third world countries in form of multilateral or bilateral aid. These are the two ways in which development aid is usually categorized, multilateral aid refers to development assistance that is given through the dozens of local and international...
To go global, companies should take into account cultural differences and perceptions, unique values and demands of consumers. Globalization changes the nature of traditional business relations and creates new opportunities and threats for companies. Companies consider the life-style factors influencing product development. Urbanization, leisure, competition, discretionary income, travel, styles, tastes,...
Introduction Today, the world is regaining from the world economic crisis that started in 2007. Every economy is trying to position itself to effectively recover. The crisis has already affected economies with a large number of them having a negative economic growth. There is hope that recovery will be attained....
Introduction Government economic policies have been known in the world over to take shapes depending on the economic situation at the given times. Major drivers of shifts in economic policies include the desire to control high rates of inflation, control levels of exchange rates and ensure stability of currency. The...
Introduction This is a research paper about the effect of Trade on the environment. Much has been written about and said about the growing importance of trade in recent times and the way in which trade has contributed to the improvement of living standards and lifting people out of poverty....
Raising of capital When a company is looking into raising capital it is faced with a lot of options such as borrowing of loans, issuing of stocks that are tradable in the floor of stocks exchange or even use of a hybrid financial assets such as convertible bonds (Alon and...
The US economy is going through a very bad period; the Subprime crisis has severely affected the US economy. This is arguably the second worse situation that is haunting the US economy. The worst was the great depression which was signaled by the Stock market crash in the year 1930....
The survival of any firm in a certain market is very important and there are certain factors that affect survival. The probability of survival is dependent mostly on the attributes of the firm, its products and its life cycle. There are certain times when the hazard rates in the life...
Introduction The Millennium Summit of September 2000 marked the official kick-off the worldwide effort to help fight poverty, hunger and disease within a fifteen-year period. Some countries have managed to achieve success in some of these areas but several of the goals might never be accomplished in many others (The...
The type of market structure that seems to be operational in the United Kingdom raising concerns in the recent past from the Office of Fair Trading and Competition Commission is an Oligopolistic Market Structure. An oligopoly is a type of market that is dominated by a single class of sellers...
Government Spending Is No Free Lunch: Now The Democrats Are Peddling Voodoo Economics The writer begins by describing the 1980 economics. He has described the current form of government spending as demand sighted. He has described the current multiplier effect as 1.0. The l Gross National Product is equated to...
In business world especially in marketing, there is emphasis on the four Ps: Price, Product, Promotion and the Place. Place generally involves delivering products close to the customers or an area where the customers can easily access them. Place for the business is critical especially for young businesses that need...
Abstract China has experienced tremendous growth since the invasion of foreign direct investments. By allowing foreign investors to establish themselves in the country, the economic environment of the country has experienced positive change therefore putting the country at a higher growth level than other developing countries. The paper mainly focuses...
Recession A “recession” is the period during which economic activity is declining. A recession is said to occur when “real gross national product declines for two or more consecutive quarters”. Although there is no political or economic benchmark for assessing the recessionary trend, the National Bureau of Economic Research declares...
The depreciation in the value of the Dollar has given rise to the trade deficit all across the globe; this is because the Dollar is the most widely used currency in exchange. When compared with the Euro, the value of the dollar is similar to its value in the mid...
“What we know about the global financial crisis is that we don’t know very much” Paul L. Samuelson. The historical examples of economic growth and downturns and economic theories propose different ways out and solutions to overcome the financial crisis and stabilize the economic situation in a country. I am not...
Introduction The three core economic issues which influence the decision-making and economic stability of the countries are What, How and to Whom. It is assumed that in different countries, manufacturers and distributors use different economic theories in attempting to fulfill preferences. The countries selected for analysis are Guatemala, China and...
Introduction Price discrimination is the process by which a firm charges different prices to different groups of people for the same good. The firms that practice price discrimination have the market power. This means that they have the ability to raise the price of commodities without losing all demand. Such...
Following the financial crisis of the year 2008 and which is still affecting the global economy even today, various companies collapsed as a result of the economic recession that was witnessed all over the world. This led to the governments of some countries bailing out some of the affected companies...
For a number of years now, the European steel industry has seen the victorious privatization of one of its last state possessed steel corporations, Spanish Aceralia. The corporation has also seen configuration of the globe’s third major and Europe’s major makers of steel, Thyssen Krupp Stahl (TKS) as well as...
Introduction The tie between economic growth and the role of inflation has been of interest to the economist, especially now in the light of the global financial crunch. The emergence of new and rapidly growing economies has presented economists and other interested parties with the opportunity of analyzing economic phenomena,...
Introduction LRH Products is preparing to attend a major trade show event in Sacramento, CA. In order to attend the trade show various activities should be incorporated which is considered as individual tasks of a project. The activities include stocking up the collaterals, staffing the sales people, transportation etc. The...
Abstract Free trade or protectionism has always been a controversial debate not only within countries but in the global trading arena. The issue was brought back to the forefront with the onset of the global economic recession that has plagued almost every country. Countries were looking at ways of reversing...
The report here presents the economic political and social contexts of Italy which are considered by the marketing team to evaluate the country for penetration. Here the required details for the marketing considerations are provided which may make the decision to enter Italy or not a lot easier. This essay...
Aim Corporate Social Responsibility (CSR) is a notion whereby business organisations not only to maximise its profits and also have to consider to the welfare of the society and to take care of all kinds of interests of stakeholders like consumers, shareholders, suppliers, employees, environment and communities. Thus, a business...
The world is in the grip of the worst economic turmoil since the great depression of the 1930s, it all started from the collapse of the US mortgage giants and quickly spread to various financial institutions and we ended up seeing financial institutions like Freddie Mac and Fannie Mae collapsing...
Summary of the Seminar To begin with it should be stated that Globalization is the tendency, which develops steadily and rapidly almost all over the world. The fact is that, even ten years ago level of globalization was close to zero, while nowadays it is rather high, and presupposes the...
Executive Summary It has been an addition to the central position attained by the International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO) at the cost of the United Nations economic organizations in the scheme of global economic authority and the control of the philosophy of...
Abstract Cross-sectional and regression analysis of ECB data shows that German banks appear to lag peers on the Continent on most earnings, stability and efficiency measures. However, longitudinal analysis for the onset of the current recession suggests that prudence in not pursuing expansion and high-flying revenues may have protected German...
Executive Summary Most of the advanced countries in the world involve themselves in foreign direct investment in the less developed countries with an aim of increasing their potential for investment and making appropriate use of other countries’ resources to promote development (Hill 2008). Before an organization decides on the country...
Introduction Globalisation and post industrialisation are terms used to describe changes in nature of economic activity, globalised markets, growth in the service sectors and increased levels of productivity. Work in the current economy stimulated by globalisation seems to be different as compared to the old economy. New economy has brought...
Introduction To begin with, it should be stated that the issues of federal taxation system can not be regarded as the stabilizing factor for the economy, nevertheless, all the governments on all levels resort to taxation in order to increase the revenues for the high-importance public projects. In the light...
Introduction As technology has advanced, the demand for energy has been increasing. It is estimated that today the usage of energy has amplified so much that in no other century or millennium in history was the use of energy as much as it is now. In fact, no other century...
Summary Joshua Zumbrun in his article “Geithner’s Bank Plan: Winners and Losers” in the “Forbes” offers his own plan to the situation about the financial crisis, the banks and the ways of its solutions. The article offers banks to sell their bad assets – the loans and securities they cannot...
The fifth largest Economy in the world is the Economy of the United Kingdom also known as the British Economy and this is on the basis of the market exchange rates; in terms of purchasing power parity it is sixth largest in the world. In Europe it is the second...
Consumer behavior has a great impact on the marketing strategy and marketing mix developed by a company. Critics and researchers in consumer behavior (Schiffman and Kanuk 2003) are greatly concerned with the antecedents, activities, and outcomes of consumer actions. They have investigated the purchasing procedure, buying decisions, and consumption situations....
Taxation refers to the methods of tax deduction in a country and the United States of America have a complex system of taxation with four different levels of tax collection. Income redistribution involves the transfer of wealth from one person to another. Uneven distribution of the amount of income earned...
Introduction The economic crisis has been defined by the Committee of the National Bureau of Economic Research as a significant decline in economic activity which cuts across the whole economy and lasting more than a few months. This decline is seen in economic indicators like employment, production, and real income...
Gross Domestic Product Gross domestic product means the gross market value of goods and services produced in a country during a particular year. It is one of the economic subjects. The GDP is calculated on the basis of adding export value with the consumer, investment, and government expenses and deduct...
Introduction The term globalization emerged as an offshoot of the high-technology tools that have sprung these past decades – computers, the internet, Information Technology. We can connect and conduct business with the rest of the world so easily. With just a computer with an internet connection, indefinite access can be...
Introduction The rapid increasing in industrialization and globalization is changing the face of the modern world. Rapid industrial development, once seen only in Europe, USA, and certain other parts of the world has now spread to many developing economies as well. One of the main reasons for this change of...
Credit insurance and credit disability insurance are services provided by several insurance companies. For instance, union security life insurance Company which is a member of assurant group (Lamb, 360). The credit insurance clients underwriting is done through several investments programs. Moreover, the company has a corporate office in Irving, Texas...
Introduction Centralized economic and monetary discussions were not common in the nineteenth century. Therefore, it is not easy to document the origins of the gold standard. During this period, there was a general acceptance that currencies should have a metallic content. However, the agreement did not entail a consensus on...
The problem of the level of the salary in the modern world remains core in the economics in the condition of the free market. Considering the situation, when a famous movie star can earn as much as 60 million for a few weeks work, and a grade school teacher in...
Introduction Fiscal and monetary policies in every country are the two major tools to sustain macroeconomic stability and to ensure the functioning of the state. These two policies differ and use different inventory; however, their interconnectedness and hence the necessity to carefully interrelate them has been proven long ago, thus...
The best solution for the used book store business is venture capital. There are many determining issues when attracting venture capital. First, there tend to be long-term and large-scale practices and business activities, and these activities should be better handled by an independent company like a used book store business....
Introduction Many of the citizens of this great country have served this country in times of war. However, the kind of treatment they get afterwards is worrying as many of them suffer in the hands of hopelessness for them to look for better places to stay. This situation has caused...
Over the last few decades, there has been a rapid transformation of the global economy whereby business firms have been forced to compete at a global level in order to survive. The global trends have been very influential in the development of the global economies, the major beneficiaries being the...
Outline The economic stimulus plan as introduced by President Obama is expected to have a budget provision of up to one trillion dollars. It will primarily be directed towards the creation of more jobs and for the installation of infrastructure, which are the two essential requisites for rapid economic development....
Introduction Los Angeles County is part of the state of California, which has the highest Gross Domestic Product within the United States economy. Yet, economical data show that unemployment and poverty are the most pressing social problems in Los Angeles County. (U.S. Census Bureau, 2001). In 1988 the Los Angeles...
The article chosen for the critique is titled, ‘The Stocks at Stake: Return and Risk in Socially Responsible Investment’, and is authored by Galema, et.al (2008). They begin with an introduction to what socially responsible investment or SRI is, and informs the reader that 10% of the US investments are...
Introduction The Boston Matrix model was developed by Bruce Henderson in 1970. This model aims to evaluate the position of the company on the market and allocate resources of the organization. In spite of opportunities proposed by this model, there are some authors who criticize it for simplicity and lack...
Introduction Some countries like China believe that to make the economy smooth and more usable the most desirable approach would be the implementation of a single world currency. At present, the Euro acts as a common single currency for Europe and it is supposed to be the most desirable currency...
The impact of globalization is felt all over the world. Sometimes the effect of globalization forces can be dramatic and sometimes subtle. While globalization can be very difficult to track and study there are tools that can help an economist to get an idea of what is happening when it...
Introduction Real estate is a common lawful term used to include land together with anything permanently attached to it (Brown & Matysiak 2000). The attachments may include assets such as buildings or any other thing that is fixed in location. Real estates till now maintains a quite high share of...
Introduction The theory presented here by the work of Modigliani and Miller has been one of the defining works of modern finance and can be said to be the foundation of much of the subsequent work that has been done in the field. The whole study can be looked at...
Introduction The consumer’s behavior analysis is a marketing action that deals with the decision-making process of a buyer and argues to generate a framework of his choice including the factors that influence mental and social processes. The theories of consumer’s behavior address, why a buyer would choose a particular product...
Introduction As defined by Muhlbacher, Helmuth & Dahringer (2006:14) international business refers to all business transactions and trading relations that exist either between two countries or among multiple countries. It involves exchanges of good and services between or among countries within an established set up of both legal and international...
Introduction Types of financial institutions The international financial structure has undergone rampant development in the recent past. There has been emergence of different alternative types of financial structures. These are categorised into two main groups which include the banks and non-bank financial institutions. Non bank financial institutions consist of firms...
Significance of the Silk Road in promoting economic, cultural, intellectual and religious exchanges and integration since the first century BCE The Silk Road was the most important trade route since the first century BCE. The Silk Road refers to a trade route that links China, Persia, Central Asia, Western Asia...
Abstract The human society has always tried to find ways to control its activities and be sure about the proper ways in which resources are used. The most adequate ways that have been found to this day include the procedures of program evaluation and audit. Being the processes of monitoring...
Introduction The video under analysis in the current paper is developed by the Prentice Hall, Inc. for the purposes of education and management qualification development in regards to business ethics principles observed across the cultures and countries in the modern globalized world. The overall purpose of the work is to...
Introduction The current global financial crisis has led to an increasing number of market and financial analysts studying the relationship between the housing markets on the one hand, and the prices of stocks, on the other hand. When the housing market slowed down, there was also a corresponding decline in...
To begin with, the world economy is often collapsed by crisis. It is known that many economists tend to increase the local economies then to provide a strict policy in supporting other countries. It concerns mainly well-developed countries with highly intensified economies. Australia is no exception in this case. Its...
The proposed answer for Bill and Ann is to refuse the offer. Taking the aspect of profitability of the venture, it can be said that, comparing the numbers for the stores in Adelaide and the possible revenues for the store in a shopping centre, with much worse characteristics, the comparison...
There are various different market structures that operate in different settings; mainly, these structures are divided into four: perfect competition, monopolistic competition, monopoly, and oligopoly. Monopoly and perfect competition are two extremes, with monopolistic competition and oligopoly being somewhere in the middle. Monopolistic competition has a unique setting and structure;...
Nature of the Program The mandate for municipal purchasing to give windows of opportunity to small business, women-owned and minority-owned enterprises stems from federal guidelines. Organizationally, the Office of Government Contracting (GC) of the Small Business Administration (SBA) advocates the interests of small, disadvantaged, and woman-owned businesses. The goal is...
Introduction The field of industrial relations deals with the relationships between workers, more often groups of workers, and the management of an organization. This is why union systems are integral and one of the most important issues connected with the industrial relations. Union system may be characterized by numerous trade...
An economic tool refers to methods that are utilized by economists in the analysis of various issues. Such tools include the demand and supply curves which are used to illustrate various concepts such as elasticity and conduction of marginal analysis. In the health care industry, there is a wide range...
The International Monetary Fund (IMF) is an institute of 186 states, functioning to promote international financial support, protected monetary firmness, smooth the progress of global trade, endorse high employment and maintainable financial expansion, and decrease scarcity around the globe (Barbara 2003). So from this definition, it is palpable that International...
In a perfectly competitive market condition, because of the presence of a large number of buyers and sellers, there is no rivalry existing among them. Since no seller or buyer is able to dominate market price under perfect competition is determined by the operation of demand and supply. Therefore, the...
Globalization signifies escalating global connectivity, incorporation, and interdependence in the economic, cultural, technological, social, ecological, and political orbs. Globalization has an assortment of characteristics, which influence the world in numerous dissimilar ways. The various forms of Globalization are as such, Industrial Globalization, pseudonym Trans-nationalization is surfacing of worldwide manufacture markets...
Mexico’s Maquiladora program has been a key feature of the US and Mexico economic relations. In 1964 when the US terminated the Bracero Program (The Bracero Program was a U.S. program that allowed Mexican agricultural workers to enter the US for temporary employment during World War II. This was designed...
The Australian economy is considered to be referred to as the prosperous one in accordance with its mining, agricultural and service sectors. The overview of Australian economy has shown that this country is one of the most profitable on the international market with its GDP of $889 billion. The history...
Introduction The changes in the stock prices are originally caused by numerous factors and may cause essential changes in the marketing strategies and the approaches towards business activity. The aim of the paper is to analyze the reasons and consequences of the stock price changes. The fact is that, these...
This paper is a critique of the article about “Managing the global supply chain in a time of economic crisis” by Paul Laudicina who happens to be a senior principal with the global consulting firm, AT Kearney. The article is his keynote address at a meeting of global business leaders...
China is one of the oldest countries in the world and it also hosts the world’s oldest civilization. Traditionally China has been a very influential country with its cultural, technological, economic and religious sphere extending over whole of East Asia including neighbours such as Vietnam, Korea and Japan. In the...
Introduction The world economy is under the grip of recession. Stock markets show great fluctuations day by day. Recession and the stock market have been the main topics dominating the newspapers since December 2007. Researchers are engaged in discussion about the causes of the recession. As it prolongs, the recession...
Introduction A stable, effective and efficient financial system is very crucial and plays a great role on a country’s economic growth. Governments must always ensure that their financial sector is well and functioning properly in order to enjoy and maintain economic prosperity. The sector interacts dynamically with other key sectors...
Executive summary The objective of this research study was to assess how the current global financial crisis has had an impact on planning activities in the supply chain and contract management of four selected supply chain organizations in Edmonton, Alberta, Canada: ATCO, SYSCO, Wal-Mart, and GFS. In order to facilitate...
Low-wage workers have to face a wide range of difficulties; the greatest of them is the fear of losing their jobs. This sphere is characterized by constant turnover of the personnel, thus every employee feels uncertain about his or her position in the company. In her book Nickel and Dimed,...
While multinational corporations (MNCs) play a big role in the development of economies in developing countries, evidence supports that they are responsible for much of the poverty and violence in some developing countries they operate in. Multinational Corporation is a term that is used to refer to the companies that...
Portfolio theory is an investments theory that seeks to explain how investors can minimize investment risks while at the same time maximizing returns on their investments (Elton, 2007, Markowitz, 1952). Under the same concept fund managers have a chance to make rational decisions to prevent them from running their organisations...
Exchange rates are influenced by wide ranging economic factors which differ in importance attached to them from one country to another over time. The exchange values for various currencies fluctuate on daily basis or even more frequently according to Smith (2009). Money like any other commodity in the market is...
Subsidizing Tobacco The United States government resorts to subsidizing the tobacco producers as the means of developing the country’s agricultural sector of economy (Skolnick and Currie, 2007, p. 58). The major programs and initiatives taken by the government to assist tobacco producers in their work include, according to Farm Subsidy...
Introduction The labor market is constantly moving. As in every other market, the constant interaction of demand and supply influences the determining of various factors like the employment rate, the minimum wage, the wages according to categories, etc. Modern economy In the modern type economy there exist certain pillars on...
In this paper, we are going to discuss the economic situation in such a developing country as Rwanda. In particular, it is necessary to carry out growth diagnostics and propose the strategies, which may help to overcome the difficulties that this state currently faces. In this work, we rely on...
Professor Raphael Malcolm Kaplinsky is a member of the Faculty of Mathematics, Computing and Technology at The Open University, Walton Hall, Milton Keynes. Born on 31 December 1946, he is the author of a number of books and research papers on the subject of technology, industrialization, and globalization. These incorporate...
Acknowledgments This report would not have been made possible without the kind assistance of university librarians who assisted me in tracking down the correct books and articles needed for data collection. Moreover, the bulk of the research was done online particularly when it comes to accessing the Internet to retrieve...
Introduction The Indian economic system is unique because of an interaction of social and political factors that have occurred there. The 1991 reforms, as well as the caste system, are key factors in understanding India’s economy and they shall be examined below. How the economic policies of the Indian government...
Introduction The main aspects that have crippled the economy have been the subprime mortgage loan crisis which eroded the credibility and capital base of many large financial and lending institutions. Many firms like Lehman Brothers went into liquidation and some companies like Goldman Sach and Morgan Stanley were bailed out...
International Trade The development of the modern human society is associated with the processes of globalization and trade liberalization (Mankiw, 2004). Although widely claimed to be positive, integrative processes, both globalization and liberalization of international trade affect the economies of developing countries negatively making the poor even poorer and giving...
The article by Naomi Klein “Don’t Fence Us In” responds to the world’s significant problems concerned with economic and financial instability in the world. The survey is full of arguments and details about the problem of limits or “fences” which surround vital for life domains of peoples’ everyday life. The...
Abstract Much can be said about the differences and similarities of the IMF and WB. But that is not the concentration of this paper. Instead, this paper shall concentrate and focus on the various functions that fall upon the International Monetary Fund as a part of the world economic foundation....
Introduction The terrorist attacks of Sept. 11 on the World Trade Centers in New York destroyed lives and property, increased government spending at a time when the country could ill afford the excessive expenditures, and squelched corporate and consumer confidence which further slowed the economy and hindered the recovery efforts....
Size Germany is located in the center of Europe and borders the Netherlands, Denmark, Belgium, Poland, Luxemburg, Czech Republic, France, Austria, and Switzerland. The Federal Republic of Germany has an area of about 357 010 square km (61st in the world), which is equal to the general area of the...
Supply and demand are the cornerstone interdependent variables in economics theory and practice. Supply is defined as the amount of goods and services available for customers to buy. Demand on the other hand is the number of people with the desire and willingness to pay for the available goods and...
Introduction The relations of human beings within society have always been characterized by the considerable complexity of processes and theories developed by various scholars to explain the mentioned processes. The idea of class inequality and the struggle of classes in society acquired considerable importance in the middle of the 19th...
Definition of externality Externality may be defined as a benefit enjoyed or a cost incurred yet it is not factored in the price of the commodity consumed. This means that a consumer may enjoy benefits without having to spend on the acquisition of that benefit or he may incur a...
Introduction Globalization is the broad outline of the places where most of humanity now chooses to live and work-cities. These cities are the engines of growth for their countries and gateway to the resources of their regions. They are the biggest; most interconnected cities help set global agendas, weather transnational...
High unemployment rates have a great impact on the economy and purchasing power of consumers. In the article, “Unemployment Checks” Owens and Stettner underline that current unemployment affects both the economy and employers, the government financial resources, and the jobless population. The researchers found that “new jobless benefits claims have...
Introduction The world of today is no longer one of isolation and aloofness. Rapid changes in all walks of life are the norm and they include political, economic, and cultural changes. It can be said that almost all the countries of the world are affected by this change. The advent...
There has been increased trading between countries since the countries produce different goods and services. The trading has been a result of the different countries desiring to acquire goods and services that they do not have so as to satisfy their needs and wants that are essential for their well-being....
Introduction The transportation infrastructure is important since it leads to economic growth of countries in the world. It is believed that in the 19th century investments the transportation systems such as the roads, railways, and canals stimulated economic development in the United States of America. There have been the propounded...
Introduction The recent financial crisis in the world has had negative impact on real estate development. Many people have suffered the consequences of the crisis financially. This crisis calls for a measure that provides shelter at a reasonable rent or price. This situation requires developers of real estate to come...
Background and context of the situation The events of the company and then probability of the portfolios churning profits in the foreseeable future is largely dependent on the scenario for that period and the prevailing business environment. In analyzing the different portfolios, I have simplified their names in to alphabetical...
Abstract Realtech system PLC is in trouble to raise 3m for short term financing. If it wants to raise the fund form the banks it will have to pay LIBOR+2% which will be threat for liquidity position. So, the firm is thinking to use some derivatives for risk exposure. The...
Introduction There has been growth that has been experienced in India and China. This has been in place because these two countries have been in danger of having high poverty rates therefore they had to come up with measures that could lead to a reduction of these poverty rates. Therefore,...
There are a number of macroeconomic theories and models which focus on the role of interest rate and exchange rate channels on the impact of monetary policy actions on the real economy. However, credit markets are another channel which plays a very important role in this regard. The credit channel...
The most distinctive features of the 1960s could be enumerated from the point of view of several social and economic factors like secularization, decontextualization, totalitarianism, mechanization, democratization and centralization. Along with that, there was the advent of individualism, linear progression, homogenization, diversification, hybridization, unification, industrial society, reductionism, universalism, subjectivism, alienation,...
The classical time-inconsistency problem analysed by Kydland and Prescott (1977) and Barro and Gordon (1983), and followed by a large literature, is based on the following model: y = γ (π – π ) + u , where yt is the log of output (or employment), measured as a deviation...
Introduction Globalization influence economic system of the world and stipulates economic and trade relations between countries. From globalists’ positive perspective, globalization improves conditions of life, facilitates trade relations and cooperation. Globalization allows greater choice of consume products, better quality and technology transfer. For the third world countries, positive effects of...
Introduction Americans can and do always argue about the increases to taxes, even if those taxes do not affect the people complaining. Some believe that tax cuts to all income brackets help to stimulate economic growth. However, other feels tax cuts maintain the socioeconomic imbalance in America today. Two such...
New York State’s Budget Gap originated from Wall Street and dot.com financial bubbles that led the economy into a recession. Other activities that activities that led to financial gap are the September 11th attacks , natural recession and overly ambitious multi-year tax reduction that could not be sustained through a...
Introduction South Korea stands out in the history of the world as a nation that has extraordinarily advanced within a span of forty years from being one of the poorest countries in the world to becoming one of the most technologically advanced country in the realm of consumer goods industries...
Introduction and Background The Chinese accession to WTO in 2001 was expected to be a boon to world trade with the opening out of the Chinese markets and the easy access to Chinese goods for countries across the world, particularly the developed world. These hopes were not believed as can...
1. Top Choice Investments have given you £2,000,000 to invest for them. The funds can be invested in one or more projects. These projects are all indivisible. The investors require a minimum return of 25% and they are high-risk takers. Details of the projects are as follows. Correlation coefficients between...
Introduction Money is the issue of the economy, due to the political and social, and other factors affecting different aspects of life and household. Money is an asset, making positive or negative or some other functional effect. Goods, demands, propositions are constantly dependent on the money supply. And the money...
In America, “addiction to oil” results in high oil prices and a unique structure of economy dependent upon crude oil. The future of oil in the world economy is one of the most controversial topics in international affairs at the present time. With the different views held by the producing...
Introduction This paper seeks to analyze whether it is a good idea to convert fixed cots to variable costs for Claire’s Antiques. This will also discuss when it is proper to convert fixed cost to variable cost and will identify the types of costs that Claire’s Antiques would probably incur...
Introduction Gasoline is considered as one the most important commodity that surmised these days. It is the main ingredient in transportation, in industry and in household. During the time when the automobile is presented in the market, the gasoline industry at the same time was created. However, during that time,...
The year 2008 is a presidential election year. Many people believed there would be a significant shift in government. This belief had a deep-rooted cause in the economy, and it was found that the economy became a fundamental and decisive part of this shift. The importance of the economy to...
Inflation is essentially the rise in general price of goods and services over a period of time in economics. It is more commonly referred to as price inflation in now. It can also be understood as the decline in the real value of money and consumer’s purchasing power. As inflation...
Introduction As it has always been said, a large incumbent company can suppress entrepreneurial initiative and energy but a dynamic financial sector, in which incumbents and new entrants can get finance under competitive terms, can create competitive pressures in the market. According to this case study St. George bank had...
Outsourcing can be viewed in terms of a subcontracting process whereby Human resources, manufacturing, or even product is given to a third party company. This phenomenon has brought controversy in various countries because of its impact especially from where human resources have been outsourced. Companies that have benefited from international...
Introduction In the face of the globalization forces, not even the Canadian banking industry has been spared. Thanks to the current trends in capital mobility, the banking system has heavily suffered at the hands of globalization. It is no doubt that the financial markets of today have a characteristic high...
Economic Analysis and Comparison The United States as a country has the world’s biggest economy. In 2007, the country’s Gross Domestic Product (GDP) was estimated at USD13.8 trillion. Most economists view the US economy as a hybrid. The majority of the microeconomic decisions are made by the private sector. The...
Introduction The concept of expectations was initially introduced by John Muth in 1951 and it is used to describe many economic situations in which the outcome is influenced by what people expect to happen. John Keynes referred to this as the “waves of pessimism and optimism” that helped determine the...
Introduction Household production is the making of services and goods by the members of a household, for their own consumption, using their own capital and their own unpaid labor. The household production goods include food, clothes, beddings, dishes etc. Despite the fact, on average more than eighty percent of women’s...
Introduction ASEAN Free Trade Agreement (AFTA) opened new opportunities for Eats Asian countries to stabilize their economies and improve the financial performance of the region. ASEAN is a major player in geo-economics in Southeast Asia. It has a history of its own. Since 1967 its leaders have enjoyed a high...
Managing risks for businesses is a continuously evolving process that requires a clear understanding of the entity’s objectives. The achievement of objectives set out by the businesses requires the implementation of processes through different functions. The outcomes from an action or event could result in adverse impacts either resulting in...
Introduction Retail forms or combinations are money spinners for owners and shareholders, but carry a high degree of security and monitoring risks. A certain portion of profits of such businesses is eroded by damages, pilferages, storage losses, and lowered inventory controls, resulting in decay and wastage of items, especially certain...
Introduction There are mainly two reasons why persons invest their self-managed superannuation funds in the stock market. The first reason would be to gain money from the stock market price fluctuations. An investor would invest in one stock like Caltex Australia today with the hope that he or she will...
Credit in the contemporary American culture has become a vital part of our everyday life because it makes the management of people’s finances easier and more accessible through the means of borrowing money and paying it later. When people use credit, they can satisfy their needs for today and pay...
The Fed is the popular informal reference to the Federal Reserve System, which is the Central Banking System of the U S. with the endorsement of the Federal Reserve Act in 1931, the fed was established (Federal Reserve System Online, 2008). The Federal Reserve System is a government banking institution...
Introduction Transnational corporations make a great contribution to globalization issues and development of the global industry structure. TNCs change the world brining information technologies and methods of buying to development countries. They support information and goods exchange and promote new life styles nad new values. TNCs are associated with concentration,...
The country of origin has a great impact on the product image and the decision of consumers to purchase a product. There are other significant demographic factors that affect consumption patterns. For example, if populations are segmented by such factors as race, religion, color, country of origin, etc. valuable marketing...
In recent time, there has been a grave financial problem due to financial bubble. There are specific reasons for financial bubble. Eugene mentions, “the demand for credit to buy stock pulled funds into the market, forcing a major reallocation of credit in the money and capital markets.” (Eugene, p. 76)...
Introduction A nation or state that is sovereign enjoys a political autonomy, as well as the freedom to regulate the movement of people and goods. In addition, such a nation, by virtue of a sound government management and an implementation of policies, will also enjoy a control over foreign policies...
Reflect on what you have learned about the model of supply and demand (market analysis) from taking this course Exogenous factors, which are taken as constant factors when market demand and supply are determined, can change as a result of the external environmental factors. These changes have substantial effects on...
Introduction The banking and financial institutions are under severe pressure these days. The globalization and networking of economies have resulted in a cascade effect on the stock market, economies, and of course the financial viability of many companies and institutions. Australia too has not been far from this cascading effect...
Introduction Owing to the strategic position of the country as a trading entrepôt in East Asia – doing a brisk trans-Pacific trade with Mexico for centuries, exporting minerals and forest products to China, trading sugar with (what was then) Great Britain, and cashing in on foreign exchange earnings of Filipino...
The question of the best kind of taxation system favorable for use has raised great concerns to many people and governments. The purpose of the study is to present information on both systems in order to determine the system that is more favorable for use. From the information provided, then...
Introduction The current financial crisis in America is partly being blamed on poor economic policies enacted and implemented by the Bush administration. Though the policies have in part been in use for the last eight years, they are pointed to have been the cause of the present crisis. Such is...
ACME is a US-based MNE that wishes to raise for its Greenfield investments and wishes to secure all funds in the US. Long-term funding is required by ACME, as the project costs around $500m. As we know multinational enterprises are domiciled in various countries and that causes the capital structure...
