2705 samples of this type
What Is Discretionary Fiscal Policy? The fiscal policy itself deals with government spendings and tax levels to manage the country’s economy and can be of several types. Discretionary fiscal policy is the policy where the government itself changes the tax rates and its’ spendings according to a specific goal. These...
The fact that lower interest rates increased the number of potential customers for real estate in the early 2000s shows that housing prices should have increased substantially. Based on market supply and demand theory, a reduced cost would attract an incredible number of consumers and engage them in mortgages irrespective...
Introduction The 1930s were characterized by a global economic crisis that is known as the Great Depression. It is generally thought to have begun in 1929, with the dates Black Thursday and Black Tuesday, which mean October 24 and 29 of that year, respectively, standing out. Market stocks crashed significantly...
Even though under the Trump administration there has been some improvement in traditional economic indicators such as employment growth, increase in the number of jobs and decrease in unemployment, in the long term, the US economy faces a protracted crisis. This, in particular, is noted by Jim Tankersley in his...
Introduction With the current globalization of trade, the provision of healthcare services is becoming a significant issue that requires the special attention of professionals. The current trend towards the establishment of trading agreements can affect the variety of aspects of healthcare, including pharmaceuticals and medical devices production, public health, patients’...
Introduction The Federal Reserve Bank of Minneapolis (2010) argues that “the United States is in the midst of an affordable housing shortage or even worse, an affordable housing crisis”. The biggest concern now for the country is the fact that the majority of the people are living in unaffordable houses,...
Introduction The Federal Reserve came under overwhelming criticism during and after the 2007/2008 global financial crisis. Economists and the public alike were quick to lay the blame on the Fed for allowing the country’s financial system to crash. Globally, the role of a federal reserve is to keep track of...
Analysis of a Current Events Article Numerous critical issues surround the current world, putting countries sovereignty, economic systems, and millions of people’s lives in danger. COVID-19 pandemic, that started at the beginning of 2020, affected each home’s way of living, transforming the health habits, and altering personal relationships. However, the...
The energy boom that marked the beginning the new millennium in global markets has brought about a series of considerable shifts in economic policies of the countries with abundant natural resources, subjecting some of them to so-called Dutch Disease – the phenomenon, which occurs when strengthening of the currency, caused...
Marginal revenue is defined as the change in revenue influenced by a change in the quantity sold (McConnell & Brue, 2012). As discussed by McConnell & Brue (2012), the marginal revenue curve just like the demand curve is affected by factors like change in income, change in prices of substitutes...
The policy of minimum wage is a law that sets the lowest amount of money employers should pay their employees. It is intended to help people, who are paid extremely low wages to get self-sufficiency. Although this policy surely has some arguments against it, overwhelmingly it is considered to be...
Global economic conditions contribute significantly to the decline in the sources and amount of funds that public libraries receive. According to Collins (2012), economic recession compels public libraries to reduce their budgets and operate in deficits. In the 21st century, public libraries are increasingly becoming important institutions because of the...
This report looks at the general performance of the Shanghai Stock Exchange to try and come up with the reasons behind the successes of this Stock market in the past three to four years. Founded on Nov. 26th, 1990, and starting operation on Dec.19th the same year the Shanghai Stock...
Introduction Venture business – investing, as a rule, in the form of equity capital, in fast-growing enterprises that demonstrate the potential, is one of the primary ways of implementing technological innovations. This type of entrepreneurship is a small extent, characteristic of the commercialization to research results in high-tech areas where...
Introduction Globalization has prompted immense growth in trade and international business. Over the last decade, the world’s economy experienced a sufficient rise, which came to a grinding halt with the COVID-19 outbreak. The pandemic has influenced international business to the point of many companies being heavily damaged and even shut...
One of the first steps the company should consider is the reduction of manufacturing capabilities in Mexico. The global companies heavily rely on local suppliers and partners which provide raw materials for production (Shackman, 2015). Therefore, the expenditures will increase relative to the growth of the currency value in Mexico....
Anti dumping action differs from safe guard action in the sense that, a variety of a method is obtainable in the determination of dumped goods. This can involve the inspection of the cost of the goods in the manufacturer’s domestic market. If it is not possible to access through this...
Macroeconomic Variables Affecting the Amusement Park Industry Products and services offered by the Walt Disney Parks and Resorts Worldwide, Inc. include theme parks, hotel lodging, cruises, and tours. Therefore, the company belongs to the amusement park industry, which is a subcategory of the travel and leisure industry. Consequently, macroeconomic variables...
Introduction Investment appraisal is very crucial before making commitment to huge capital investment. The appraisal process is characterized by two major activities. The first one is the assessment of the level of expected return accruing from the expenses incurred. The second one entails the estimates of future costs and benefits...
Introduction Wachovia bank, which is now a part of Wells Fargo bank, was regarded as the fourth-largest bank holding company in the USA, the financial system of which was based on total assets. The merger with Wells Fargo Bank was stimulated by loan crisis events of the years 2007-2009. Therefore,...
An analysis of revenues generated by ABC bank from its foreign exchange (forex) division shows that returns have been unpredictable over time. The bank needs to understand what is wrong and how it can rectify the situation. While the market situation may not necessarily support huge profits like those seen...
The value of the currency will decrease slightly in the future, however, it will not have any negative impact on the domestic economy in a long-term perspective. The soft drinks in the country can be more expensive compared to American prices; it does not mean anything as there are a...
Abstract This paper discusses the various budgeting models namely the traditional budgeting model, the zero based budgeting model and the activity based budgeting model. The paper discusses the advantages and disadvantages of each model, and gives a suggestion on the business environment under which each model would be most appropriate....
Introduction Globalization is an integral part of modern world development, which has an impact on all spheres of people’s life. However, this process affects states differently as some of them receive profit and benefit from it, while others only aggravate their crisis and become dependent on global players. Honduras belongs...
Introduction Several decades later, the aftermath of what is regarded as the worst economic slump in US history is still being felt across global economies. Following the 1920s economic turmoil commonly referred to as the Great Depression, economists are still investigating the underlying factors that motivated the onset of such...
Introduction America is projected to be in the same economic situation as Greece because of its budget that is mainly financed by the deficit. Not only are they financed by debts but also they show weakness in the ability to repair the loans. America takes this likeness from the fact...
Introduction The articles under discussion are devoted to the issues of capital budget and its peculiarities (Lowenstein, 2010a, 2010b). The first guideline “Understanding New York City’s Budget A Guide to The Capital Budget” deals with all the general points concerning the Capital Budget, its allocation and accountability. The second guideline...
The paper discusses the working and effects of Renminbi in the economy of Hong Kong. It has the parts of introduction, positives effects of Renminbi on the economy of Hong Kong, negative effects of Renminbi on its economy, conclusive summary the list of material used as reference for this paper....
Introduction Choosing the right career is a difficult task for any student. While in high school students are given enough lectures and advices to be able to choose the right career. Many dream of becoming doctors, pilots, and engineers but all people cannot fit in these three careers. The parent’s...
Introduction The global militancy connected with the modern jihadist ideology and the ensuing instability in the Middle East pose a great threat. Not only the surrounding regions but also the United States, Europe, and the whole world are exposed to danger. The dramatic rise of the Islamic State (IS) is...
Back-to-School Initiative The Australian government has taken the initiative to promote the back-to-school program although there seems to be no direct evidence that this program has led to the increase in the number of students enrolling in schools. The government started a four-year stimulus plan of up to sixteen billion...
Exploration of Stadiums and Arenas Coates (2007) evaluated literature to retrieve the effects of proficient sports’ teams as well as stadiums to the people residing in the surrounding areas. The research indicated that this aspect had been addressed by copious academic and hired investigators. Essentially, the researcher addresses the problems...
Introduction Efficiency in communication is not a big deal while taking into account the main definition of economics as concerning relationships between an individual and a group. In this respect, one should bear in mind the fact that prisoners’ dilemma is one of the milestones in this case. The thing...
Introduction The Japanese attack on Pearl Harbor in December of 1941 can be analyzed from the perspective of the economic interdependence theory because this conflict was evidently triggered by the unrealized expectations of Japan regarding the development of trade relations with the United States in the Asian Pacific region. The...
Barclays Bank PLC, headquartered in London, has been operational for over 300 years in the United Kingdom (Barclays, 2011). In the UK market it offers several products and services that are grouped into four major categories; personal and premier banking, corporate and business banking, investment banking and wealth management (Barclays,...
Introduction Poor wage growth has been observed over the last few years even for those employees who have an advanced or bachelor’s degree. Real hourly wages have decreased drastically in 2013-2014 for works across many spectrums with rather few exceptions. Wage stagnation is not a new story for the U.S....
Introduction The global economy is characterized by the free flow of capital and trade, as well as sourcing cheap labor from foreign labor markets. Globalization can promote or disrupt peace among countries that are trading (Katinka, 2008). While some authors view globalization as having resulted in peace and capable of...
Abstract Over years, numerous researches have been conducted by various scholars in highlighting many aspects of online consumer behavior. In as much as immense progress has been made in this trivial field, most of the studies have been conducted from a general viewpoint and not specifically pinpointing the exact issues...
Fiscal austerity relates to public revenues and this is mostly (revenues) from taxation. It is mostly concerned with fiscal prudence. Therefore, fiscal austerity is a wide topic with various effects and impacts on the economy (Economist 2010, p. 26). These impacts can therefore be manifested in various ways. There has...
Introduction For any country wishing to undertake business activities across, borders, understanding culture is crucial. For international companies to be successful, in a global society they must adapt to, relate to, and understand the culture of the countries where they conduct business. Discussion Culture can be said to be the...
Executive summary Government spending is a significant determinant of economic development. It greatly affects the direction and speed of the economic development of the country. The main source of funds for the expenditure is taxes. Government spending ensures the provision of essential services while addressing gaps in the market, the...
Globalization is an incredibly complex phenomenon, all aspects of which are not fully understood. Politics, economies, and cultures are all affected by the process of globalization. While some might view it positively and believe that globalization leads to a greater cultural and economic integration which benefits the world as a...
Introduction The stock market is characterized by a lot of problems. These problems range from the fraudulent activities of the players in this sector to the running of other fraudulent financial schemes under the cover of stock market activities. The essay explores the involvement of Bernard Madoff in the Ponzi...
Introduction There has been an exponentially increasing presence of the Chinese in Africa. Today, most African countries can ‘boast’ a form of contact or the other with the Chinese. What is China doing in Africa? What does she want? Do the African people stand to gain from this relationship? What...
Introduction China, a middle Asia country, had dominated the American tire market until year 2009 when an agreement was ratified to surge the inflow of the tires in the market. The two countries had a bilateral agreement. The situation was that the Chinese tires could be imported into American market...
Differentiating between Coincident and Leading Indicators Coincident indicators are economic factors that show direct, concurrent variations to the prevailing economic trends. These variations occur simultaneously and provide important information regarding the economic status of a business. Personal income and employment in formal sectors are some examples of coincident indicators. Leading...
Introduction, Purpose and significance of study Jimenez & San (2009) carried out a detailed study about “The role of country-of-origin, ethnocentrism and animosity in promoting consumer trust: The moderating role of familiarity.” The fundamental purpose of the study is to develop a multidisciplinary model that explains the aspects relating to...
Absolute advantage Absolute advantage is a concept where one country produces a similar good at a cheaper cost of production compared with another country (William, 2008). This means that the production costs of one country are likely to be higher compared with another country. Absolute advantage occurs when a country...
A research study conducted by Gratton, Shibli, and Coleman (2005) evaluated the social and economic relevance of sporting events and the appropriateness of related investments. These researchers hypothesized that the aim of the sporting investments seen within cities for the last twenty years was not directed towards the prowess of...
Introduction International Trade is a very integral part of the world economy, many countries proper because of the international trade, fair trade comes under international trade and more light will be thrown upon the same in this paper. Fair trade is a practice which is predominant in developing countries; developing...
Expenditures on education The place of America as a superpower has its roots in its education system. Therefore, every state has a responsibility of providing quality education to maintain this position. The value that South Carolina attaches to education shows in its expenditure on education. This expenditure item historically accounts...
Introduction Looking at the process of globalization maintained and developing in the world practice and in the international relationships one can point out the significance of financial and economic growth for countries using some regulative organization. GATT and then WTO is the organization for the provision of highly considered and...
Introduction “Subsidiary Roles, vertical linkages and economic development: Lessons from transition economies,” by Bjo¨rn Jindra, Axe le Giroud, and Joanna Scott-Kennel is an interesting article that provides information concerning the vertical supply chains, foreign subsidiaries, as well as, foreign firms (Alfaro & Rodrı´guez-Clare, 2004). According to the authors, technological competencies...
Introduction In today’s world, one cannot be able to separate history, economics, and the science of politics. Politics in today’s world controls the economy. Thus, when recorded in a correct and accurate way, the control of the economy is what can be termed as history. This, therefore, shows a core...
Characteristics of a competitive market According to Tucker (2008), a competitive market has unlimited buyers and sellers of goods and services. In other words, the demand for goods and services by consumers is infinite and at the same time, producers have the liberty to supply goods and services to the...
Introduction The Republic of Vardar gained its independence at the beginning of 1990. It came because of the broke up of the Soviet Union. Thus, as a governing unit it has existed even before, but as a part of the larger state of the Soviet Union. Due to the new...
Statement of the topic ‘Raw materials’ and ‘energy’ are two factors that I would like to explore in Shanghai during my visit to China. The subject of raw materials is relevant to be because of the problems I am facing in my business in the context of raw materials while...
The macroeconomic theory studies the correlation between Gross Domestic Product (GDP), inflation, unemployment, and fiscal policy which includes government spending and taxation policies. In this article the U.S Treasury department was contemplating raising the debt limit to prevent the governments’ default in meeting its financial obligations which would result in...
Introduction This paper intends to discuss economic and political issues in the Kenyan situation. Since we got our independence in 1963, we have always operated on political, economic and social structures that have only served to stagnate our economy, promote ethnically based politics, and we have never looked into the...
Introduction This paper advances proposals that companies should exert to change their strategies regarding bonds, fixed income, and leveraged securities, given the 2007-2009 Global Financial Crisis. This appalling global phenomenon sabotaged economies worldwide and plunged them into radical bankruptcy and landslides (Farlow, 2010). Of vital significance is the impactful liquidation...
Selling the Game The study conducted by Baade, Baumann, and Matheson (2008) evaluated the effects of professional sports on national economy where the development of stadiums were conjoined to its popularity and eminence. Essentially, the sporting activities such as franchises and leagues publish their sizable advantages that create an incentive...
Unemployment is one of the greatest social evils in our society today. This is because of the unfriendly impacts it has on the economy. Unemployment brings about poverty and hopelessness among individuals in society. In addition, weird behavior is also encouraged by this phenomenon. For instance, stealing and robbery cases...
Siegfried and Zimbalist (2012) evaluated the renovations and constructions of 46 major league stadiums as well as arenas within the United States from the year 1990 to 1998. In addition, there were forty-nine sporting facilities preparing for or undergoing construction. This increasing number of sporting facilities was coherent with the...
Wealth creation in a capitalist system relies on private ownership of property. Individuals are given the freedom to own and control the property. In addition, the economy operates as a free market. This means that there is minimal government intervention increasing the efficiency of market forces in determining the price...
The currency exchange risks can be a serious issue for any company as it is something that cannot be under absolute control. Taking into account that the company has no option than to buy raw materials in Japan, the safest method is hedging. Hedging refers to an ability to minimize...
Adam Smith is known as the patriarch of economics because his ideas have been widely used and adapted over the centuries. His concepts introduce a philosophical vision of economic functioning and regulations, including the division of labor. Meanwhile, Marx supplements Smith’s view on labor but considers it as estranged, which...
A research conducted by Lee (2002) reviewed the participation of stadia to the economic development of cities. This research was implemented due to the argument that triggered heated debates as probed by the media in regard to their public financing. A part of these arguments pointed out that the stadiums...
There have been various controversial issues regarding the sources of funds for stadium development. Researchers have evaluated these structural appearances of the stadiums in economic and political dimension (Gratton, Shibli, & Coleman, 2005). Some researchers argue that stadiums’ developments are private issues and should be constructed as public resources through...
Many definitions have been advanced by numerous scholars in trying to give the most fitting meaning of safeguard action. However, for the purposes of this writing, we are going to adopt the much reverenced definition of the Australian government (2001) which simply says safeguard action is an emergency action that...
Introduction Entrepreneurship is defined as the practice of starting a new business venture or renewing an already existing business based on new opportunities and ideas. It entails taking risks, being resourceful and venturing into the unknown business fields. This makes it to be associated with uncertainty (Shukla, 2009, para.2).An entrepreneur...
Responsibility of Crisis A number of factors may have triggered the 2008 financial crisis. But the factor that stands out the most is the shortfall in liquidity that was witnessed by major banks around the United States. This shortfall was preceded by a phenomenon rise in need for houses. The...
While studying various instruments of decolonization of the global South, I have learned about the debt regime which occurred in the Third World countries, described in Philip McMichael’s Development and Social Change. Many countries suffered from debt crisis in 1980s. It happened when they realized that they are not able...
This is a research paper on market power which is a part of managerial economy. It starts with defining the topic and area of research, later getting into the path for recognition of different aspects and scopes of the topic. The major ideologies linked with market power are stated and...
Introduction In any sound market, three factors might be considered important. These are the cost effect, competition effect, and location effect. The cost-effect The cost-effectiveness in most cases is related to the currency in use and its strength in the market. An example is the Euro advantages, which upon its...
Policies refer to statement of intent about developmental issues. Policies are developmental theories and assumptions about the world. They carry incentives that encourage development and others that discourage particular actions. Public policies are intended to achieve certain objectives, an action by the government to attain certain results. The policy process...
With the ongoing globalization process, the joint venture has become an essential expansion strategy in the world. Businesses and firms have opted to use joint ventures in order to maximize their production capacity and their profitability level. Basically, the joint venture is a special expansion strategy where a firm makes...
The bulk of the $1.21 trillion dollars that developing countries owed the rich countries by 1987 was largely accumulated unfairly through lopsided financial agreements. There are four major ways that have contributed directly to the significant debt that developing countries have accumulated over the years: high interest rates, tied aid,...
As the Managing Director of the CPA firm, I would choose the option of outsourcing the basic tax revenues from India, just like the other firms in the community. The basic tax return will improve the firm, in that it would be easier to access the services at a reduced...
Introduction Over the past years, International Business Transactions have continued to grow as a result of the rapid expansion in technology. International business transaction is basically trade that is carried out among nations in order to expand and diversify their source of sales and obtain more resources. These business transactions...
Introduction Globalization is a process of world wide connectivity through which the regional economies, societies and ways of life are joined together through trade and communications. It is the joining together of the local societies to the international community through the processes of trade, migrations, transportation and communication, business ventures...
Introduction In recent times, it has been found that corporations are enjoying too much power and with power, there are several vital problems associated. It appears that they almost enjoy the power of running a parallel government, like corporate espionage. There are several instances of issues related to ethical, environmental,...
Introduction The success or failure of the enterprise depends largely on its interactions with the customers. The interactions with the customers determine the kind of enterprise which will be operated, the type of policies and strategy to be formulated to serve as guidelines; provides the organization market for its products;...
Introduction Evaluation of a country’s natural resources is paramount in determining the country’s rate of economic growth. Considering the fact that countries have got different quantities and quality of resources, various countries consider trading with other countries in an effort to optimize their rate of economic growth (Suranovic, 2009, p.1)....
Introduction Economic recession can be defined as a prolonged decline in economic sector in a given country. In other words general business field in a country is affected. It is normally characterized by low productivity and investments as well as big percentage of unemployment. It is when gross domestic product...
Tax can be referred to as a fee that the government levies on activities, products or even incomes. It can either be levied directly on corporate as well as personal incomes or be indirectly levied on services offered or price of goods sold, with the incentive of financing of the...
Introduction Trade balance refers to an ideal situation where a country’s imports and export are equal. In real life situations, it is difficult to attain this balance, resulting into either a deficit or a surplus. In cases where a country’s imports are higher than its exports, a situation of trade...
Executive Summary China’s economic potential has been a source of attraction to companies in various countries, notably Australia. Various Australian companies have ventured in China market. Among these include BlueScope Still in the manufacturing industry, Elders Livestock in the agricultural sector, and Australia and New Zealand Banking Group Limited (ANZ)...
Executive Summary The UAE and other Middle Eastern countries pose a great market for real estate investments (Walker, 2009). The UAE’s political, economic, and social environment is also suitable for foreign investment. However, the company is bound to experience competitive challenges from real estate multinationals and agents because they constitute...
Speaking about the trend Barack Obama keeps there cannot be a complete analysis of his political and economic approach. To my mind, any president’s actions can be judged only after some time of presidency. There are lots of unpopular innovations in finance and political systems different governments adopt, that their...
It can be argued that there are introductions of a broad variety of limitations on bank’s activities which are imposed to regulate inducements; and selection of portfolios of uncertain assets. Even though these limitations vary between countries, there are some similar processes like policies on bank’s capital, and the policies...
Introduction Ireland was considered to be one of the most competitive political economies in the world in the early 2000s, its political and economic policies attracted investments and it was seen as an attractive investment destination in Europe. This was fuelled by the government policies of cooperative industrial relations, tax...
Introduction Monetary policy is a strategy that is implemented by a government to monitor and control the interest rates, and the money in circulation. Monetary policies have an impact on the economy of the United States by increasing and decreasing the aggregate demand and supply of money. This in turn...
Introduction First Solar, Inc. was established in 1999 by the First Solar Company. First Solar Inc. manufactures solar equipment and supplies solar energy. The company makes its solar modules using a thin-film semiconductor in a new CdTe technology. First Solar Inc. has its headquarters in Arizona Unite states; operates in...
Introduction In the recent past the euro has witnessed a relentless decline in value to the lowest point in four years. The decline is associated bailout that was undertaken by governments in the euro zone during the financial crisis. The countries borrowed heavily from their banks to safeguard them from...
Based on studies carried out on the Australian Mobile market; it has been conclusive that ‘mobile data services’ have had an effect and increasing significance, as the returns from ‘voice calling’ are declining and at the same time trends show that mobile communication use is likely to advance. About the...
Introduction Economic and social developments are policies which improve living standards of people through numerous developments and promote social equalities. It is a desire for every country to improve and develop economically. Globally, economic change and development has necessitated more countries to work harder. This is however not the case...
Introduction The need for cooperation between India and Canada was first raised at the dawn of 2005. The two needed to cooperate in the areas of trade and economy. In addition to these, the two countries’ prime ministers met to address the issue of the prevailing challenges facing the two...
These days financial intermediaries are quite widespread because people prefer using them instead of entering financial markets directly. A commercial bank is a typical example of a financial intermediary, though not the only one. Among others are pension funds, loan associations, numerous insurance companies, mutual funds, and credit unions. Financial...
Introduction The current shape of the U.S. economy and the great economic slowdown has negatively impacted numerous families, children and students who dreamed of a bright future, particularly through education and academic. The recession has been so severe that most of the future plans with regard to education and other...
Introduction The Global Integrated Enterprise is indeed a recent development emanating from the evolution phase that the Multinational Corporations (MNCs) have gone through. It is also imperative to note that the process of globalization has been necessitated by MNCs as the primary catalyst. Hence, MNCs are better acknowledged as global...
Use of gross domestic product in the business cycle Gross domestic product is used to measure the total income and output which have been produced in a given year in a country. It’s obtained by adding all the cash inflow and outflow together so as to come up with the...
Fiscal policy is a set of tools used to leverage the changes occurring in aggregate supply and demand of a given commodity in an economy. In some fiscal policy, constitute measures taken by governments to correct situations of shortages and excess resulting from revenue-expenditure imbalances. As in the case of...
The article in question is entitled A Tale of Two Crises: One We Missed and One We Can’t Afford To by the most experienced analysts in the sphere of macro economy, Chris Varvares, issued in Business Economics in April, 2010. The author discusses the reasons why the economists failed to...
The book “Economic sophism” was published around 1840 in the then language, and the translator tried to maintain the weight of the meaning of the then language. The book is an attempt to refute the contentions raised against the implementation of free trade targeted towards the ideas of the protectionists;...
Introduction and Background The Second World War saw the collapse of the state of Korea that led to the division of the country in Northern and southern Korea. This decision was reached in 1945 right at the end of the war and the start of the cold war. At this...
Introduction As the boss of USAID, I herein recommend how the crisis in Haiti would be solved by establishing how to channel development aid to the country for both medium and long-run strategies. Haiti is among the poorest countries in the world and ranks as the sixth poorest country. Currently,...
The oil spill leaking into the Mexico gulf is as a result of the British Petroleum drilling rig which exploded at a rate of five thousand barrels a day. It was reported that about eleven workers died in the explosion that took place on 20th of April (Jones, 2010). The...
Introduction The slow performance of the U.S economy was brought about by the turmoil in the housing sector which led to businesses cutting down on investments and employment with the end result being less consumption from consumers. According to Pretcher (2010, p.2), in 2007, economic growth was at 2%. In...
Background The “Celtic Tiger” has bowed to the pressure of the global economic crisis. Ireland had gotten this name in the early 1990 when it had become the fastest growing economy and most wealthy nation in Western Europe. One reason for this impressive growth was the low taxes and government...
Introduction Operations management is defined as the all processes that contribute to the transformation of inputs to become finished goods and services. The operations of firms vary from country to country and it is the scope of this paper to investigate how operations of firms between countries contribute to their...
A macro economic theory represents a study of the whole national economy. Macro analysis involves the use of specific economic tools to predict a set of stylized facts about the national economy. Despite the large coverage of macro economic studies, it is important to note that macro analysis trends can...
Introduction Capitalism is a means of production which is usually dominated by free competition and involves profit orientation and private ownership of business. This demonstrates an open market. It encourages individual operated firms rather than government operated ones. Capitalism has been common in the western countries since time immemorial, and...
Introduction Innovation is a multiple-stage process in which both profit and nonprofit making organizations changes ideas into new or improved products, services, or even processes with a view/aim to advance, compete and differentiate them successfully in the business world. Innovation takes one of these two categories; evolutionary which don’t need...
Reasoning on the discussion of introduction of Bretton Woods System Discussion on the proposal to reintroduce a new version of Bretton Woods System is very rife with quite a number of world leaders supporting the idea. Bretton Woods System as perceived by many, achieved its intended mandate after its formation...
Introduction Licensing is the granting of rights to another or individual, for a fee, whereby the firm that has been granted to sell and produce the products or services by the licensing company. Licensing provides a way of expanding the products but with minimal costs on the innovating company, and...
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 The investment market has been affected by economic crisis. This has led to the occurrence of many unavoidable losses. This has mainly occurred in banks where many loan borrowers have problem in paying back their debts forcing the bank to sell the security at loss. These specific problems faced...
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...
Introduction The world is currently experiencing an economic recession which is affecting both small and big economies. Indeed, this is one of the worst economic times experienced by both developing and developed countries. The biggest investment banks are soon to collapse if proper modalities are not put in place to...
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...
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....
Introduction California came under the control of the Spaniards in 1769, the policy of the colonisers to the Indian natives that they found here was to both civilise and Christianize them. In the process, missions, akin to semi feudal farms had to be established, thereby laying the foundation for agriculture...
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...
In the current state of financial crisis that our national and local government finds themselves in, financial analysts and local government advisers have been busy trying to find ways and means by which to bring down an ever ballooning budget deficit due to uncontrolled government spending. In Florida State, a...
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...
The International Monetary Fund is a global organization formed in the year 1944 with the core mandate to oversee the financial systems as well as macroeconomic policies in all the member countries. The main focus was on the financial as well as macroeconomic policies with a significant impact on the...
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...
This paper will throw light upon the price theory which is extremely important to understand. Demand and supply play the most pivotal role in deciding the price of a commodity or a service. The same will be elucidated further with the help of Euro star which is a fast-speed train,...
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...
Abstract ac With the complexity of these three factors (trade, debt and investment); it calls for support from all quarters for a country to be able to effectively drive them to the nations benefit. As far as trade and investment are concerned, the country has identified the best way to...
“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...
Executive Summary In the recent past mortgaging has been instrumental in uplifting the living standards of people in a country. With the current volatile economic world every body has been upset by the pace at which the environment is changing. Coming at a time when every economy is a victim...
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,...
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...
Economics is a very interesting and a very useful subject, economics is capable of doing a lot of positive things. The Stock Market in any country operates on the principles of economics and it also indicates the economic situation of a country. The recent recession has shocked many economists all...
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...
