According to Nobel Prize winner Simon Kuznets, inequality in developing countries is a temporal phenomenon (qt. in Chang 387). The hypothesis proposed by the economist stated that as the economy develops, a country experiences an increase of inequality followed by its decrease. He has argued that a period of transition...
Topic: Inequality
Words: 285
Pages: 1
The unprecedented growth of Dubai’s economy started in the 1970s and coincided with the significant increase in oil prices (Sargisson 76). However, the growth of the city’s economy was not a result of the oil boom per se. Even though the revenues from the sale of oil resources helped Dubai...
Topic: Economic Growth
Words: 298
Pages: 1
The deepening of globalization is associated with an ever-increasing level of international migration (Artal-Tur et al. 8). In order to better understand the implication of the phenomenon, it is necessary to explore it from the demographic, social, and economic points of view. One should understand that migration is a powerful...
Topic: Economics
Words: 168
Pages: 1
This term project presents the main theme, two subthemes, and global connections. Global trade, or international trade, which involves the import and export of goods and services across international borders, is now slowing down since 2012 (International Monetary Fund, 2016). It is shown that the trend is much worse than...
Topic: Trade
Words: 855
Pages: 3
Tariffs in Argentina Having accessed the WTO website, I selected Argentina as a country for the analysis of tariffs. As the website confirms, in Argentina, the taxes and other duties on agricultural products are higher than those on non-agricultural products. According to the data provided by WTO, the final bound...
Topic: Child Labor
Words: 572
Pages: 2
Listing and Valuing Resources Return on investment (ROI) is a measure used to determine how the benefits of training in the organization can exceed or cover the costs of training. Planning the on-the-job training program, it is necessary to create a list of all the items and resources used during...
Topic: Economics
Words: 552
Pages: 2
Abstract Globalization refers to the coming together of the international markets. It contributes to the forming of trade blocks. Globalization has opened the international market to developing states and countries that can now trade freely. On the other hand, it poses a significant threat to the growth of local industries,...
Topic: Globalization
Words: 2006
Pages: 7
Abstract The objective of the current research was to examine the changes in financial language and social development since financial tsunami, 2008, in the context of the United States and to report on the role and use of financial language in the proliferation of financial globalization and its eventual climax...
Topic: Economics
Words: 42981
Pages: 156
Introduction The budget process is a crucial undertaking for every country across the world. It yields an essential economic policy tool that guides all government activities. Apparently, a government cannot raise or spend any funds without a national budget. This requirement makes the national budget pivotal in all government endeavors...
Topic: Budget
Words: 839
Pages: 3
Introduction International trade refers to the exchange of goods and services between and among countries. It involves using the global markets to deliver products that are not available in some countries and to move products from countries with excess supplies to countries with fewer supplies of commodities. Many states have...
Topic: Trade
Words: 1328
Pages: 5
Introduction An exchange rate refers to the value a currency is given at the international market. This enables a nation to know its economic position and compare its activities with those of other nations (Piersanti 3). This paper uses the term international business to mean trading activities that involve a...
Topic: Economics
Words: 1074
Pages: 4
Introduction In this portfolio, I will attempt to achieve a better understanding between changes in the population and its subsequent impact on economic activity within specific regions and how this influences the construction industry. The primary method of data collection will come from the ONS website with various academic articles...
Topic: Population
Words: 1737
Pages: 6
Introduction To an economist, the problem of alcohol abuse is viewed as an externality in both consumption and production. The value to consumers is greater than the value to society. Alcohol consumption is linked to many social problems, and addressing these problems diverts a significant amount of resources that could...
Topic: Abuse
Words: 866
Pages: 3
Introduction Crude Oil or petroleum, as we all know is the world’s most robustly dealt commodity. In her book Oil: The Economics of Fuel, Joann Jovinelly emphasizes the importance of this source for the whole world and the USA in particular (2007). It is extracted from the earth through oil...
Topic: Economics
Words: 2972
Pages: 10
Introduction Today, we live in a highly industrialized society that manufactures millions of products every day. It contributes to the increased convenience and diversity. People are able to choose goods they want and enjoy other benefits of the developed industrial sector. However, several centuries ago, the situation was different. Agriculture...
Topic: Child Labor
Words: 1418
Pages: 5
Globalization is one of the most important tendencies that alter the modern world and shape peoples mentalities. Nowadays, it affects all regions of the world and all spheres of human activity. For this reason, its comprehensive investigation becomes an important task to understand the peculiarities of the issue and the...
Topic: Economics
Words: 498
Pages: 2
Introduction As far as adding to the scientific deliberation, the work of scholars gives non-specific systems to sustainable development. Such non-exclusive systems recommend that various procedures can be taken after as a major aspect of sustainable development, each of which views the idea of sustainability through various lenses, or a...
Topic: Real Estate
Words: 5588
Pages: 20
Introduction The company budget is based on the ‘Use It or Lose It’ budgeting approach. As such, various departments have the propensity to utilize idle financial resources toward the end of every financial year. It is generally observed that this spending tendency is ostensibly based on the notion that the...
Topic: Economics
Words: 593
Pages: 2
Globalization and the Poor In this TEDx talk show, an economist and researcher Krisztina Kis-Katos uses statistics and empirical data to show how globalization and international trade can reduce poverty levels in developing and emerging economies. Specifically, the presenter uses the case examples of Vietnam, India, and Indonesia to demonstrate...
Topic: Globalization
Words: 294
Pages: 3
Group Cultural Dynamics The conference will include investors who have expressed interest in investing in the local economy. Most of these investors are from Saudi Arabia, the United Arab Emirates. They are Arabs who are strongly convinced that the city has a lot to offer to the investors in various...
Topic: Economics
Words: 6326
Pages: 22
Navigating our Global Future Some people may indeed end up cursing globalization as others rejoice while reaping its great benefits. It all depends on the motive of coming together: is it for a course that will benefit everyone, for selfish gains, or destruction of what already exists? Businesses may do...
Topic: Globalization
Words: 286
Pages: 2
Cultural and ethical background considerations of the conference participants London has become multicultural because of the entry of migrants from Asia and other parts of the world. The continuing growth of migration has occurred since early 2000, and this has contributed to the complexity of the London environment, but which...
Topic: Economics
Words: 6042
Pages: 22
Is this really the worst economic recovery since the Depression? According to the article, some experts assert that the U.S. is experiencing the worst economic recovery in history. However, Rampell states that the economic downturn was severe but not comparable with the events of the Great Depression. The reason why...
Topic: Economics
Words: 578
Pages: 2
Abstract The main purpose of this dissertation is to research on economic reality of living with a dwindling supply of oil. In order to do so, the first chapter will discuss the background of the problem like dwindling supply of oil, rationale of the research, the objective of the dissertation...
Topic: Economics
Words: 14762
Pages: 54
Introduction The database displays the US film industry net benefits from 1988 to 1999. Six major distributors have constantly dominated the market over the decade. The most profitable studios produce the most profitable films. Paramount is the market share leader with a 14.74% share. A CPI index higher than 100%...
Topic: Cinema
Words: 2620
Pages: 9
The IFRS Foundation is a non-governmental and non-profit making organization whose principal objectives are directed to the interests of the general public (IFRS 2011). The organization aims at developing a set of high-quality products and easy to comprehend globally accepted international financial reporting standards through the organization’s standards-setting body, IASB....
Topic: Economics
Words: 534
Pages: 3
Abstract Since the early twentieth century, Venezuela’s future has been associated with its oil industry and the country’s relation with this resource has been rather uncertain because it has been consistently contributing to socio economic development as well as economic stagnation and declining standards. However, oil has also contributed in...
Topic: Economics
Words: 19430
Pages: 71
This paper seeks to examine historical sales revenue data to establish a forecast for 2005 and 2006. The historical data exhibit quarterly seasonality, which will be verified by plotting a scatter diagram of sales revenue against time. This scatter diagram, otherwise called a time series plot, further demonstrates the trend....
Topic: Forecasting
Words: 917
Pages: 3
Introduction In recent times the public health sector has put up with varying concerns of the twentieth century. As it were the advancements in the technology industry and economy have motivated the rise of a new health concern in the form of obesity. Essentially it is a condition described as...
Topic: Beverage
Words: 1993
Pages: 6
Issue Canadian education is still recognized as one of the best in the world. The recent results of the Program for International Student Assessment (PISA) show that Canadian teenagers perform above average, but Canada was outperformed by Asian and European countries (“Canada’s Students Slipping in Math and Science” par. 6)....
Topic: Economics
Words: 1638
Pages: 6
What, if anything, does the Employment/Population (E/P) profile for the United States from 2007 to 2012 tell you about short-run economic growth over that period? The rise in the unemployment rate in the United States after the economic recession of 2007-2009 was severe and unprecedented. During this period, the unemployment...
Topic: Macroeconomics
Words: 1814
Pages: 6
Explain how a basic analysis of the money market underpins the derivation of the LM curve The LM curve is derived from the money market equilibrium. It shows the range of values of interest rates, I, which when combined with the outputs, Y, give an equilibrium money market. The interest...
Topic: Macroeconomics
Words: 1208
Pages: 4
Abstract In the banking sector, where intense competition is experienced, it is hard for the banks to survive and sustain the efficiency of their competitiveness. They struggle to survive through different strategies they adopt and the directions they prefer. The intense competition recently observed in the banking sector introduced novel...
Topic: Economics
Words: 9075
Pages: 33
The Cold War had various effects on the countries of Latin America. One of the major impacts was the political tension between two major forces, left- and right-wing groups. The USA and the USSR two super powers aimed at increasing the zones of their influence. Thus, the USSR supported Marxist,...
Topic: Cold War
Words: 606
Pages: 2
WACC What role does the cost of capital play in the overall financial decision making of the firm’s top managers? There are different sources of funds that could be accessed by a company to manage its various business activities. These may include funds obtained from either operating activities or non-operating...
Topic: Equity
Words: 598
Pages: 2
Introduction Companies and enterprises have established operations beyond national borders. This condition has heightened competition in the global markets. Using Arvind Mills from India as an example, Bartlett and Ghoshal point out that companies from developed countries dominate the global markets thus making it hard for companies from developing companies...
Topic: Success
Words: 849
Pages: 3
Research Question What is the effect of the real exchange rate and interest rate in the UK and US banking sectors during a financial crisis? Research Hypotheses Ho: The real exchange rate and interest rate has no effect in the UK and US banking sector during a financial crisis. Ha:...
Topic: Economics
Words: 1359
Pages: 5
“Forget the idea that the rise of Chinese competitors simply means cheap, low-quality imitations flooding world markets” (Williamson & Zeng, 2008, p. 44). Though many people think, that China can only deal with cheap mass production to flood the market with low-quality goods. Chinese products have nothing in common with...
Topic: Economics
Words: 591
Pages: 2
Examine the opportunities for multinational companies to shift resources around the world and the implications of this for nation-states Why Multinational Corporations shift Resources A multinational company refers to a firm whose business operations are spread out in more than one country. For the last two decades, there has been...
Topic: Economics
Words: 2539
Pages: 9
Introduction Background of the Study In her analysis on metropolitan development Dwyer (2007) states that higher status populations tend to occupy new housing developments within metropolitan areas while lower-status groups tend to be restricted to older housing (Dwyer 2007, 23 – 24). What must be understood is that the current...
Topic: Economics
Words: 2985
Pages: 11
Dear US and EU Competition authority, Am writing to you with regards to the many attempts made by Microsoft Corporation to reduce our monopoly power which is totally against public interests. Microsoft Corporation is a public multinational corporation that specializes in developing, manufacturing, licensing, and at the same time, supporting...
Topic: Microsoft
Words: 711
Pages: 2
With regards to the preparation of financial statements, the AICPA Code of Professional Conduct (2014) includes key points as to the knowing misrepresentation of the statements, submission of financial statements, negligence in preparation, and subordination of judgment. The knowing misrepresentation of financial statements in the course of their preparation occurs...
Topic: Economics
Words: 300
Pages: 2
Elasticity and Hearing Aids Over 30 million people in the United States experience hearing loss, but just over 7 million choose to use hearing aids. In other words, less than one-quarter of potential candidates for hearing aids use them. There are several reasons why so few people who would benefit...
Topic: Economics
Words: 3333
Pages: 12
According to FACB Accounting Standards Codification (n.d.), ASC 450 “Contingencies” covers the three topics of gain contingencies, loss contingencies, and overall. Gain contingencies are claims for the reduction in a liability or rights to receive an asset. It is noted (450-30) that the codification provides “guidance for the recognition and...
Topic: Economics
Words: 261
Pages: 2
Whether talking about his “McDonald’s Theory” or “Dell Theory” or that the “world is flat,” Thomas Friedman offers a provocative argument about where we now are international, how we got there, and where we are going. Explain and assess his views, including their security implications, touching as well on his...
Topic: Globalization
Words: 3934
Pages: 14
The article by Alessi and Xu (2015) concentrates on the fast development of China’s economics in the context of its relationships with Africa. The authors describe the country’s current needs and how they are satisfied, examine the criticism over the business practices, and assess the advantages of Sino-African ties. First...
Topic: Economics
Words: 285
Pages: 2
Introduction Typically, there are a number of reasons to undertake a merger. Many times, companies look to increase growth, increase efficiency, and extract very real profit during a period of irrational exuberance. In any case, the government indicates that it will approve a merger, but only on the condition that...
Topic: Merger
Words: 941
Pages: 3
Explain clearly how the natural rate of unemployment is determined in a wage-setting and price-setting model of the labor market In determining the natural rate of unemployment, analysts focus on evaluating price and wage settings in the labor market. In this regard, they analyze price relations within the scope of...
Topic: Unemployment
Words: 876
Pages: 3
The main issue covered by Graham Smart’s article is that the set of genres and wide range of meditating technologies associated with the Canadian Central bank’s communications strategy can be perceived as portions of local organization action. As he attempts to prove his point, Smart explores two aspects of the...
Topic: Banking
Words: 351
Pages: 2
Comparing and Contrasting the Views of Stephen Brooks and Eugene Gholz In the past two decades, a multiplicity of analytical fulcrums have been advanced from diverse quarters about the role of globalization in either promoting or weakening national and international security. Many international relations scholars and security experts have taken...
Topic: Global Issues
Words: 5842
Pages: 21
Introduction This is a report that summarizes the performance of a portfolio of five stocks selected (theoretically) on October 01, 2011, and is disposed of holding up to November 03 302011. The paper covers the performance of the portfolio, stock selection criteria, each stock performance, and the returns of the...
Topic: Management
Words: 1456
Pages: 4
Summary of Factors and my Belief of what is going to Happen Most economists according to the article have given pessimistic forecasts as far as economic growth is concerned. In line with the lowered forecasts, the Obama administration has formulated several policies to address the issue and spur growth. Sluggish...
Topic: Real Estate
Words: 577
Pages: 2
The first chapter of this report discusses many issues concerned with event organization. The author writes about how the feasibility of a sports event can be determined, how finances can be organized and budgeted in order to realize the success of a particular sports event, and the risk management involving...
Topic: Economics
Words: 1017
Pages: 3
Summary of the Article Real estate is a sector that has attracted several investments in recent years. The sector growth has attracted several rules and regulations to protect both private and public interests of its acquisition and usage. The USA government federal rules have to a large extent been duplicated...
Topic: Real Estate
Words: 1443
Pages: 5
Cause Deadweight loss is the loss in social surplus that occurs when a market produces an inefficient quantity (Hall and Lieberman 454). In other words, a deadweight loss can be characterized as the costs that the market’s inefficiency imposes on society. A deadweight loss might be applied to any deficiency...
Topic: Tax
Words: 1191
Pages: 4
Analysis of the Recent Economic Event The oil industry plays an extremely important role today because its development allows the population to maintain their lives in the way they used to. People have an opportunity to transport various products and travel, which is vital from both personal and professional perspectives....
Topic: Economics
Words: 607
Pages: 3
Effect of the high demand for corn on its substitute soybeans and effect of the high demand for corn on soybeans farm An increase in the quantity demanded of corn oil will reduce demand for its substitute corn oil. Farmers will consider supplying more of the highly demanded corn oil...
Topic: Economics
Words: 344
Pages: 2
Lessons from the Stimulus Fight Barnes is skeptical on the effect of less than 40 % stimulus package in the form of tax cuts proposed by President Obama’s administration. He admits that the process of Economic recovery has since delayed with the rates of unemployment registering a 9 percent. The...
Topic: Social Security
Words: 1150
Pages: 4
The IASB framework for the preparation and presentation of financial statements outlines the concepts underlying the preparation and presentation of financial statements by external users (Deloitte 2008). The framework assists the board in the formulation of accounting standards and seeks to resolve issues that are not addressed directly in the...
Topic: Economics
Words: 553
Pages: 2
Population In order to explain the relationship between trust and economic equality, the understanding of four factors is unnecessary, which include the social ties or social systems, assumptions on social relations, disagreements over social resources, and the opportunity cost of time. Studies confirm that inequality is a determinant of trust...
Topic: Economics
Words: 1079
Pages: 4
Introduction One of the main qualitative aspects of today’s living in the West is that it is the advocates of the specifically libertarian (neo-liberal) economic theories, who now enjoy a largely undisputed dominance in the discursive domain of economics. Partially, this explains why it now became a commonplace assumption that...
Topic: Neoliberalism
Words: 4185
Pages: 15
The effort to achieve a single set of global accounting standards has gained significant momentum in the recent past. The logic behind the development of a single set of high-quality global accounting standards for the world’s integrating capital markets has become more evident especially with the collapse of major corporations...
Topic: Accountancy
Words: 557
Pages: 3
Principles Of Marketing As the Chinese save money in their bank deposits, the government of China siphons off the money to lend to the U.S., which then lowers the cost of money in the country. By doing this, the people of China are ultimately giving financial support to the voracious...
Topic: Economics
Words: 559
Pages: 2
Main points of the article In the article, Brown and Levey delve into the current furor surrounding the U.S. accounts deficit and the level of debt the U.S. finds itself in. Brown and Levey state that the problems are less dire than what analysts claim them to be. They focus...
Topic: Economics
Words: 961
Pages: 3
On the whole, in the modern globalized world, it is quite difficult for a state, even for one of the most powerful ones, to completely preserve its autonomy from the rest of the world. This is because nowadays, most countries have strong connections with other countries, and most of these...
Topic: Globalization
Words: 633
Pages: 2
How do franchise firms benefit from economies of scale? Franchise firms are the small businesses that are operated in such a way that they deal with goods of larger corporations. They usually buy the products from the corporation at a discounted price hence being able to supply them at a...
Topic: Franchising
Words: 551
Pages: 2
DeBeers and monopoly Why some firms are more competitive and successful than others has long been a matter of marketers’ concern. In any market, whether ice-cream or electric engineering, competitiveness of firms depends on a variety of factors, including their ability to manage resources effectively and external market conditions. Firms...
Topic: Antitrust Law
Words: 1212
Pages: 4
Benefits of Economies of scale A franchise firm is big company which means that their cost of every unit sold or produced is lower and this implies that they earn higher profits; thus, as the firm expands, the cost per every unit sold or produced significantly reduces (Abraham, 2007). Franchise...
Topic: Microeconomics
Words: 644
Pages: 2
For each of the scenarios below, explain whether or not it represents a diversifiable or an undiversifiable risk. Please consider the issues from the viewpoint of investors. Explain your reasoning There’s a substantial unexpected increase in inflation. The substantial, unexpected increase in inflation is a non-verifiable risk that affects the...
Topic: Economics
Words: 853
Pages: 2
Economic cost Costs are defined as opportunities foregone when a decision is made; therefore, opportunity costs are costs of any action considered in form of greatest opportunity forgone (Willamette.edu, 2010). It is surrender value associated with the second greatest choice presented to the individual or firm which has selected amongst...
Topic: Microeconomics
Words: 1266
Pages: 4
Introduction Background Over the last three decades, banking and payment methods have experienced a dynamic shift to the digitalized systems, thanks to technological development. Over the last few years, radio-frequency identification (RFID) payment technology has widely been applied in credit and debits cards (Hossain & Prybutok 2008). The technology is...
Topic: Economics
Words: 2265
Pages: 8
Introduction International markets differ in terms of legal systems, economic status, language, religion and culture. Legal system affects operations of a company. 4ps of marketing mix should be considered. Natural resources and geography of a country affects economic growth and thus performance of a company. EduTot’s market infrastructure in Japan...
Topic: International Marketing
Words: 295
Pages: 1
Tarroc LTD Points to note: Tarroc is making normal profits. The industry is at its ‘long-run’ equilibrium. The scenario is given of the industry in which Tarrot LTD operates implies a purely competitive market. It is characterized by a large number of relatively small firms. These firms are considered price...
Topic: Economics
Words: 1748
Pages: 6
Describe the use of Gross Domestic Product (GDP) to measure the business cycle It is undeniable that the Gross national product can be used to measure the business cycle. The gross national product has occasionally been used to assess the US economy for a long time. This is as far...
Topic: Health
Words: 669
Pages: 2
Business Indicators for (Foreign) Investors Foreign Exchange Stability Chowdhury & Haque (2008) pointed out that the foreign exchange stability and virtual exchange rates of currencies in SAARC nations were more stable on average throughout the past decade than the US Dollars, Euro, and Yen, which prevail in the Special Drawing...
Topic: Economics
Words: 2829
Pages: 10
Introduction This essay on global political economy will present answers to the attached questions. The answer to the first question will illuminate the exact functions of World Trade Organization (WTO), the problems associated with the body, such as market access in developing countries, tariffs, and impacts of subsidies, barriers that...
Topic: Banking
Words: 1575
Pages: 5
Introduction Globalization is not a new term since it has existed for a long period. For many years, globalization has continued to grow through trade, travel, migration, transfer of cultural elements, and spread of knowledge. For over 500 years, monarchs, adventurous, and financiers have been committed to the creation of...
Topic: Globalization
Words: 1907
Pages: 7
The World Trade Organization is the sole global body that deals with fairness in trade among nations. It designs rules to ensure that large economies and small economies are at par in economic growth. However, its policies and propositions are not popular with most nations. Its aims are to facilitate...
Topic: Trade
Words: 424
Pages: 2
Competitive advantage is the ability one country has over another to produce a particular commodity with a comparatively lower opportunity cost. For example, Kenya has the necessary climatic conditions for the production of coffee. On the other hand, Switzerland has an advantage in the technology to manufacture refined coffee for...
Topic: Economics
Words: 302
Pages: 1
Companies refer to several market potential indicators in making market entry decisions. Michigan State University’s School of Business has developed eight indicators to help companies to make such decisions when considering entry into emerging markets. Emerging markets are quite critical as they form majority of the world’s population and account...
Topic: Economics
Words: 390
Pages: 1
Following the interview between a member of our research team and one of the directors of a bank, a multinational bank with branches all over the world, we were able to deduce the firm’s goals as follows; The vision is to be the champion of the socio-economic prosperity of the...
Topic: Banking
Words: 549
Pages: 2
Introduction The recent global financial crisis affected almost all banks in the world with very few banks shielded from this misfortune. Australia and Canada were not greatly affected by the crisis. This is a result of effective regulatory mechanisms that were in place. But this is not to say that...
Topic: Banking
Words: 2782
Pages: 10
Managing an investment project in the environment of the global economy is fraught with numerous risks. Primarily, the possibility of a crisis deserves to be mentioned. Herein the need to adopt the strategies aimed at investing in developing entrepreneurship lies. Objectives The key objective of the specified portfolio concerns increasing...
Topic: Construction
Words: 606
Pages: 2
Introduction Prior to the 1997 predicament, the Indonesian market was typified by a powerful financial presentation from 1989 to 1996 with a yearly GDP intensification average of 8 percent. This was because of well-built business enterprise activities exemplified by sturdy macroeconomic rudiments. The basic monetary equilibrium was in surplus after...
Topic: Economic Crisis
Words: 2224
Pages: 8
External factors such as Consumer Price Index (CPI), consumer behavior, and inflation rate play a very important role in stimulating economic growth. For instance, the rate of inflation of a given economy will affect its growth since a high inflation rate may lead to low economic growth. Though internal factors...
Topic: Economic Growth
Words: 586
Pages: 2
Introduction There are numerous definitions of frictional unemployment. It is essential to note that many of those definitions describe frictional unemployment and its elements. Frictional unemployment is also known as voluntary unemployment. It occurs in instances whereby the employed individuals have a continued habit of changing their job, career and...
Topic: Unemployment
Words: 562
Pages: 2
Should labor practices in another country be a relevant consideration in international trade? Yes: labor practices in another country should be a relevant consideration in international trade; In an ideal situation, labor laws should be harmonized in all countries to facilitate the movement of factors of production more precisely labor...
Topic: Trade
Words: 629
Pages: 2
Executive summary The UAE global business world has been growing, and the economy of the UAE has been improving for the past few years steadily. The stability of the UAE economy has been on the increase, especially due to the capital resources available at the disposal of the UAE. Setting...
Topic: Banking
Words: 3622
Pages: 15
Introduction Muhammad Yunus, Nobel Prize winner, is the founder of the Grameen banking system; he had the aim of elevating poverty through financial empowerment of the poor in the society. The idea is moving fast in developing and developed countries. This paper discusses various aspects of the Grameen banking system....
Topic: Banking
Words: 876
Pages: 2
The position on Nicaragua portrayed in the video is fairly accurate, as it appears that similar sentiments have been observed by other individuals who have studied LDC’s (Least Developed Countries). It has been observed that the main motivation behind LDC states about international financial obligations is the international trade ties...
Topic: Trade
Words: 655
Pages: 2
Does Money Buy Happiness? According to the discovery of various economists and sociologists such as Adam Smith, money does not buy happiness where they have argued that the limited ability of people to achieve happiness through material wealth is not enough to guarantee them material wealth. Even though a majority...
Topic: Happiness
Words: 621
Pages: 1
Information about the house and neighborhood The single-property house which I have selected is located in Los Angeles at 1274 South Camden Drive. It has four bedrooms, three bathrooms. Its exterior design strongly resembles the Spanish architectural style. This house has a very spacious living room with beamed ceilings and...
Topic: Economics
Words: 560
Pages: 2
Prepayment The importer pays for the goods before they are shipped for export. The supplier is fully protected from nonpayment for the goods as it gets done in advance. The importer is at a greater risk since the exporter may receive the payment, and either fails to deliver the goods...
Topic: Trade
Words: 537
Pages: 2
Demand and supply are obviously affected by the monetary tools of Fed Monetary supply is affected by Fed using three main tools. These tools include the rate target for the federal funds, lending practices carried out through discounts and finally, the reserve regulation as stipulated by fiscal laws. To begin...
Topic: Economics
Words: 553
Pages: 2
How can policies and regulations impact financial institutions? Whenever regulations are lifted, some financial institutions may most likely run into financial losses. In most cases, earnings are increased through protected monopolies. However, the introduction of policies and regulations often break this link and hence, financial institutions end up losing greatly...
Topic: Economics
Words: 877
Pages: 3
Net income which signifies the profits that a bank makes after taxes gives us a direct view of a bank’s performance in terms of its ability to pay dividends as well as retain earnings. However, the net income fails to adjust to the size of the bank and as such...
Topic: Banking
Words: 583
Pages: 2
Why did Chavez decide to nationalize Cargill? Do you think he was justified? Though hardly anyone could expect the nationalization of Cargill to occur, the reasons behind the decision taken by Chavez are quite obvious. Seeing that the president has been known for his enmity towards foreign companies within the...
Topic: Economics
Words: 590
Pages: 2
Explain how an increased federal budget deficit resulting from a recession can actually help stabilize an economy Local governments and the states face tough fiscal times due to economic downturns. It has been observed that due to this, the state tightens up its fiscal belt and this leads to the...
Topic: Environment
Words: 1526
Pages: 5
Explain the concept of the “Balance of Payments” (BoP), and how it relates to the foreign exchange (“forex”) market under a floating rate and a so-called “fixed” exchange rate. How does the latter regime cause problems for the Chinese economy? The balance of payment indicates all the transactions of a...
Topic: Macroeconomics
Words: 2458
Pages: 8
Abstract Most of the international monetary policies are formulated by the Bretton Woods institutions namely the World Bank and International Monetary Fund (IMF). While the core objectives of these polices are to create a level playing ground and sustainable economic growth across the globe, the anticipated economic returns have not...
Topic: Finance
Words: 904
Pages: 3
The last decade has witnessed an unprecedented number of mega-mergers in the banking industry. What are the potential cost advantages of these mergers? Mergers in business management are critical in generating enough resources for an organization to operate effectively while providing a platform for a harmonized management approach. In the banking...
Topic: Acquisition
Words: 660
Pages: 2
Reasons why Prices of Food Such as Rice and Grain are on the Rise The United Kingdom is one of the developed nations in the world. It has been able to ensure that food security for its citizens is guaranteed. The agricultural sector of this country is quite advanced, and...
Topic: Economics
Words: 1646
Pages: 6
Public budgeting leader in the public sector An effective public budgeting leader focuses on achieving particular goals and meeting certain groups’ needs. To be an effective leader and manager in the public sector, it is essential to be able to set clear goals, as well as develop plans to achieve...
Topic: Economics
Words: 835
Pages: 3
Selecting a foreign market The ability to select a viable foreign market is a crucial undertaking whenever there is need to expand and diversify operational strategies. Before expanding to foreign markets, it is vital to consider the level of demand for products being marketed by an organization. Market demand is...
Topic: Advertising
Words: 606
Pages: 2
No one would deny neither the importance nor the breadth of scope of Chinese societal transformations initiated by the country’s industrial reform. However, relationships between Chinse private enterprises and the state are far from being balanced. One can argue that these relationships are equally far from promoting environmental sustainability. Neither...
Topic: Economics
Words: 1111
Pages: 4
Introduction The global financial crisis of 2008-2009 was the worst economic calamity since the Great Depression. The crisis was an extremely complex event the causes of which are still disputed among economic scholars. Academic accounts of the economic disaster are characterized by disparate interpretations and a high level of heterogeneity...
Topic: Financial Crisis
Words: 888
Pages: 3
Based on the Chinese government’s standpoint, is it logical to impose the trade barrier? China is one of the most promising markets and it can affect the development of the global market. Palmer (2010) notes that the USA as well as other countries express their concerns as to China’s policies...
Topic: Trade
Words: 616
Pages: 2
Estate Planning Minimizing Tax Liability One of the main benefits of estate planning for businesses is the possibility of reducing tax liability. If an owner fails to account for these expenses before death, the firm may suffer a significant financial loss in the form of estate tax (Herzberg & Boone,...
Topic: Economics
Words: 1157
Pages: 4
Finance is important to any business as it serves different functions which allow the business to run effectively. A company may need additional funds to expand its business operations or running expenses (Wright 2007). Expanding a business may include entering new markets, introducing new products and increasing annual output. New...
Topic: Finance
Words: 1249
Pages: 4
Introduction Barclays bank is one of the oldest banks in the world. Its history dates back in the 17th century when, banking services were being introduced in the United Kingdom. Although the bank has generally been successful over the years, it has encountered numerous challenges. The most recent one was...
Topic: Banking
Words: 456
Pages: 2
Chapter summaries This chapter begins by giving a brief overview of the benefits of international trade through the examination of the garment industry in Bangladesh. This chapter has also evaluated several theories that outline the advantages of a country engaging in international trade and the model of international trade experience...
Topic: Trade
Words: 549
Pages: 2
Introduction It is apparent that entering an emerging market has a significant potential due to various advantages such as the increasing economic growth, the absence of serious competition, et cetera. However, it is also evident that numerous problems can occur in the process of entering. Therefore, it is essential to...
Topic: Economics
Words: 846
Pages: 3
Company Description Emaar Properties is a company from the United Arab Emirates that provides real estate management and development services. Founded in 1997, it quickly reached the status of the leader in the local market through diversification of activities to hospitality, residential, and commercial property segments. Following a successful IPO...
Topic: Economics
Words: 917
Pages: 3
The Great Recession The great recession started in December 2007 and ended in June 2009. The recession started when the 8 trillion housing bubble tumbled. There was lots of wealth loss that reduced consumer spending. There was financial chaos due to reduced consumption and the business investments collapsed. Due to...
Topic: Recession
Words: 1154
Pages: 4
Problems Facing AndFound The given case focuses on discussing AndFound start-up, the paramount aim of which is to connect investors with new and ambitious projects. Initially, the mentioned website offered its services for free, while its founders plan to introduce some charges for investors and other interested businesspersons (Nanda and...
Topic: Economics
Words: 574
Pages: 2
Introduction Structuralism theories propounded on the role of the state and the market in promoting development in an economy. It advocated for state activism in trying to solve problems of underdevelopment and especially in developing countries. It opposed to the idea that international or free trade helped in development by...
Topic: Economics
Words: 1683
Pages: 6
Unit Description Western Oahu Veterans Center is a local branch of the U.S. Department of Veterans Affairs, a governmental agency that aims to provide various types of aid to veterans of U.S. military service. The center’s staff consists of seven employees who work eight hours a day, six days a...
Topic: Veterans
Words: 898
Pages: 3
Introduction The shape and structure of most modern markets are shaped by market power and competition. Market power stands for the strength of a company or a product in a particular market. All companies seek to increase their market power, which results in competition. In economics, the four Ps of...
Topic: Managerial Economics
Words: 849
Pages: 3
Introduction Human subjects are utilized in many fields of research. The primary sciences that are focused on studying human reaction and behavior are psychology and sociology. Consumer research is connected with either in equal measure, as its primary objective is to model and understand consumer behavior. The purpose of this...
Topic: Economics
Words: 841
Pages: 3
Introduction The article called Investing at Every Age raises the issue of investing that depends on the age and goals of a person. This is a highly relevant problem in most countries and communities. Investing is a complicated and very important process that requires knowledge and experience. However, most people...
Topic: Finance
Words: 559
Pages: 2
Economic Efficiency Economic efficiency is the use of resources such that maximum utilization of those resources is achieved in production of goods and services. It involves effective and equitable allocation of resources. An economy is said to be economically efficient if any change made to make one agent better off...
Topic: Economics
Words: 602
Pages: 2
Monetary and Fiscal policy Monetary and fiscal policies are policies of the central bank and the government. The policies are utilized by the two organs for maintaining economic stability in the country through maintenance of low inflation and positive economic growth. The monetary and fiscal policies are used to reduce...
Topic: Economics
Words: 3265
Pages: 12
In 1-2 paragraphs, outline what the article is about? The article describes the occurrences in the Brazilian Economy in the recent period after the famous global crisis. The Brazilian economy has experienced GDP growth rates higher than was expected, and the pressure on prices as a result of the economic...
Topic: Economics
Words: 644
Pages: 2
Introduction The negative emotions such as embarrassment may significantly affect individual’s behaviour in different purchase situations. The article “Effects of consumer embarrassment on shopping basket size and value: a study of the millennial consumer” written by Nichols, Raska, and Flint and published in the Journal of Consumer Behaviour in 2015...
Topic: Economics
Words: 2520
Pages: 9
Introduction The North American Free Trade Agreement, which has been in existence for seventeen years, was signed in 1994. This agreement created a free trade area between Canada, the USA, and Mexico. Since its inception, there have been critics and supporters of this agreement. This paper seeks to examine both...
Topic: Trade
Words: 994
Pages: 3
Introduction The objective of this chapter is to describe the methodology employed by this study to collect and analyze data. Reyes (2004) recommends Watkins’ (1994) research methodology, which involves seven steps: novelty of the problem; investigator’s interest in the problem; practical value of the research to the investigator; worker’s special...
Topic: Banking
Words: 4800
Pages: 17
Abstract The current research paper dwells on the critical differences between the US and Canadian economies in order to make informed conclusions regarding the gap between consumer price indexes of the two countries. So as to do that, the researcher conducted a literature review on the subjects of product pricing...
Topic: Economics
Words: 3933
Pages: 14
The Main Causes of the Economic Crisis of 2007-2008 The economic crisis of 2007-2008 was termed as the Global Financial Crisis or the Great Recession due to being the most significant one since the Great Depression (Askari & Mirakhor 2015). Given the importance of the event, it seems necessary to...
Topic: Economic Crisis
Words: 3136
Pages: 11
Abstract The halo effect in business is a kind of a cognitive bias, which is created as a result of the customer’s tendency to perceive brands, companies, or products relying on the overall impression. The effect appears when the rater develops a holistic opinion before performing a detailed analysis. As...
Topic: Economics
Words: 2829
Pages: 10
Abstract Data computation of computer price indices is a challenging issue because different jurisdictions adopt unique methodologies when doing so. This study explores how CPI is computed in Mongolia by investigating four main issues: services in the CPI, new data sources for compiling CPI, the importance of understanding and meeting...
Topic: Economics
Words: 4522
Pages: 15
This involves studying the interplay between trust and inequality in a dynamic game. In this case, efficiency is increased by trust, which allows a higher experimental growth of an economy. The study is set to find out how the relationship between inequality and trust affects economic growth. In this study,...
Topic: Inequality
Words: 929
Pages: 3
Introduction Aggregate demand is normally understood in the context of the total value of goods and services demanded by a given group of consumers at a given period and a given price (Brux 2007, p. 375). In other words, aggregate demand essentially refers to the value of goods and services...
Topic: Economics
Words: 2096
Pages: 8
Introduction The Net Present Value Rule (NPV) states that in the case of a positive NPV, an investment is to be accepted and in the case of a negative NPV, the investment should be rejected. The NPV Rule stipulates that by investing in the projects that have the NPV over...
Topic: Economics
Words: 560
Pages: 2
Gross Domestic Product (GDP) is considered an indicator of the overall economic wellbeing of the country. It should give a representation of the general welfare of the nation as the higher the level of production, the higher the country’s well-being. However, GDP does not reflect the social state of the...
Topic: Economics
Words: 615
Pages: 2
Milton Friedman’s astounding contribution to the U.S. economy is something that continues to affect the present day. One of the primary ideas he espoused focused on the value of liberalism in developing an overarching theory to govern modern society. However, Friedman lamented the fact that contemporary interpretation of the term...
Topic: Individualism
Words: 1140
Pages: 4
According to research, the rate of globalization across the world has escalated at an alarming rate since the turn of the century (Feasel, 2018). This observable fact has been influenced by factors such as technological advancements, economic empowerment, increased access to education, and improved relations between countries. One of the...
Topic: Globalization
Words: 1234
Pages: 5
These two articles present opposing views on how Marxism is manifested in the economy of the digital era. On one side of the argument, there is Christian Fuchs, who presented his views in the book “Digital Labor and Karl Marx”. The key concept in Fuchs’ book is that social media...
Topic: Marxism
Words: 1131
Pages: 5
Introduction A general understanding of macroeconomics shows that recession occurs when the business cycle of an economy contract. During the recession, there is a fall in GDP growth, household income, business profit, and investment point towards an economy that is in recession (Colander 11). Consequently, recession increases unemployment and corporate...
Topic: Recession
Words: 1157
Pages: 5
The Highway Trust Fund (HTF) is the main source of funding for American transportation programs. Despite a gradual increase in funding, HTF has shown signs of insolvency. The current paper provides an overview of the existing issues and identifies several solutions that may address the problem. History Prior to the...
Topic: Tax
Words: 910
Pages: 4
Introduction The United Kingdom is expected to go to a referendum in June 2016 to determine whether the country should remain a member of the European Union or not (Gifford 2015). A section of the society strongly believes that the United Kingdom should exit the European Union because the country...
Topic: European Union
Words: 1383
Pages: 6
Firstly, the tax incentives imply the reductions of taxes for the organization for performing the desirable and socially beneficial actions (Rubin 8). The primary reason for utilizing this approach is the easiness to attract various businesses and establishments, as the taxes define their potential income. It remains evident that the...
Topic: Tax
Words: 570
Pages: 3
Introduction Wal-Mart is an American-based retailing company that has ventured into the international market to take over some emerging markets. The company has dominated the local market in the United States. It is looking to dominate the international market by providing consumers with some of the cheapest alternatives to the...
Topic: Walmart
Words: 1092
Pages: 4
Introduction The purpose of this paper is to analyse foreign direct investment (FDI) in India. FDI refers to “the net inflow of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor” (World Bank 2015). Developing countries have focused on...
Topic: Economics
Words: 1921
Pages: 7
Singapore and Malaysia are two countries whose relationships are quite controversial. Although they have a lot of mutual economic affairs and their cultures are closely connected, there is still an element of competition between them. Nowadays, Malaysia and Singapore present two separate countries, although from 1962 to 1965, Singapore was...
Topic: Relationship
Words: 2021
Pages: 8
Introduction Overview This chapter covers the background to the study, problem statement, research objectives, questions and the significance of the study. Background to the study In early 2013, the British Prime Minister declared that the country will vote to decide whether the country should remain or exit the European (Whyte...
Topic: Brexit
Words: 4073
Pages: 15
Introduction The Chinese economy has been linked directly to the performance of its manufacturing industry for quite long. The connection between the economic growth of the state and its manufacturing sector is quite obvious; as the latter has been the source of employment options for most denizens of the Chinese...
Topic: Economic Growth
Words: 671
Pages: 3
“Hawaii’s Solar Wars”: Variable Pricing as a Solution Offered by Herman K. Trabish “Hawaii’s solar wars” is an issue that has emerged recently due to the installation of rooftop solar photovoltaic systems by some Hawaiian households and the resulting economic conflict between the owners of these systems and the rest...
Topic: War
Words: 1160
Pages: 5
Introduction Politics defines a country. The difference between a developed country and a developing country is how politics in each particular country are carried out. Politics also determine various core aspects such as economy, history, culture, and geography. Weak political leaders typically lead to a country that is not economically...
Topic: Economics
Words: 1669
Pages: 7
Abstract This paper explains the mechanics of how the so-called ‘Housing Bubble’ (believed to be the actual cause of the financial crisis of 2008-2009) came into being, and explains why, contrary to what many people believe, this crisis is best described as having been deliberately triggered by bankers. Introduction Nowadays,...
Topic: Financial Crisis
Words: 3425
Pages: 13
Opportunities and Challenges The opportunities and challenges which housing lenders and real estate agents face across ethnic subcultures are different. The reasons that buyers from the three ethnic groups surveyed gave for buying homes were diverse. The surveyed ethnic groups consisted of African Americans, English -speaking Hispanics and Spanish- speaking...
Topic: Economics
Words: 1127
Pages: 5