Economic Development and Income Inequality: Kuznets’ Theory

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...

Dubai’s Economic Growth and Human Capital Development

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...

Migration Flows and Their Socio-Economic Impact

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...

Global Trade Slowdown and Protectionism

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...

International Economics: Tariffs in Argentina and Child Labor

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...

The Concept of Return on Investment

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...

The Impact of Globalization on Labor Market and Trade

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,...

Financial Language’s Impact on Globalization and the 2008 Crisis

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...

US Budget Deficit in Political Simulation

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...

Benefits and Impact of International Trade on the US Economy

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...

China’s Shift to a Floating Exchange Rate: Global Implications

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...

Population Changes and Its Impact on Economic Activity

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...

Economic Perspectives on Alcohol Abuse: Externalities and Solutions

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...

Crude Oil Extraction and Economics: Historical Insights

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...

Child Labor and Urban Migration in the 18th Century

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...

Review of ‘Union Decline in a Neoliberal Age’ by Vachon et al.

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...

Real Estate Role in Sustainable Development

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...

“Use It or Lose It” Budgeting Approach

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...

Globalization and Diversity in TEDx Talk Shows

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...

Investing in London: Conference for Investors

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...

Globalization Influences in TED Talks by Ghemawat & Goldin

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...

London for Investors: Organization of a Mini-Conference

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...

American Economic Recovery Process in 2012

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...

Economic Impact of the Decline in Global Oil Supply and Its Consequences

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...

Film Industry’s Profitability in 1988-1999

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%...

International Financial Reporting Standards Foundation

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....

Venezuela’s Oil Dependency: Economic Impact and Political Challenges

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...

Sales Revenue Forecasting for 2005 and 2006

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....

Government Intervention into the Soft Drink Market

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...

Canada’s Educational Reform and Economic Analysis

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)....

The United States Macroeconomics

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...

Basic Macroeconomics Analysis: Key Concepts and Methods

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...

Efficiency of State-Owned Bank Privatization in Turkey: A Detailed Review

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...

Post-Cold War Economic Trends in Latin America

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,...

Comparative Analysis of Capital, Debt, and Equity Financing Options

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...

Global Markets: Model to Success

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...

Interest Rate and Exchange Rate in the UK and US Markets

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:...

Emerging Chinese Market

“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...

Multinational Companies and Global Imbalances

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...

Analysis of Government Interventions in China’s Housing Market Dynamics

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...

International Attempts to Curb the Power of Microsoft

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...

AICPA Code of Conduct: Misrepresentation & Negligence Rules

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...

The Hearing Aid Market: Demand and Price

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...

Gain and Loss of Contingencies

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...

Globalization and Its Consequences: Economic Crossroads

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...

China’s Economics in the Article “China in Africa”

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...

Mergers and Government Regulation: Need or Interference?

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...

Natural Rate of Unemployment

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...

G. Smart on the Canadian Central Bank’s Communication Strategy

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...

Globalization and National Security Issues

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...

Portfolio Management: Stock Selection and Portfolio Performance

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...

Impact of Economic Policies on Real Estate Market Growth

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...

Budgeting for Events: Venue Reports

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...

Restriction on Ownership and Its Impact on Real Estate Market

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...

Deadweight Loss: Taxes & Market Efficiency

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...

Analysis of Supply Increase and Decreased Demand Effects on Prices

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....

Price Elasticity of Demand: Corn Oil

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...

Tax Benefits and Social Security

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...

Preparation and Presentation of Financial Statements

​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...

Exploring the Role of Trust in Economic Development and Growth

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...

Neoliberalism and Its Impact on Government Control of Business

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...

Global Accounting Standards: Benefits and Challenges

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...

How China Will Change Your Business?

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...

U.S. Debt and Deficit: Analysis by Brown and Levey

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...

Globalization and State Autonomy: Germany’s Energy and Labor Dependency

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...

Franchise Firms & Economies of Scale: Benefits & Challenges

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...

De Beers’ Monopolistic Position

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...

Benefits of Economies of Scale in Franchise Firms

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...

CAPM Explained: Calculating Expected Returns and Risks

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...

Microeconomics: Production, Costs and Profits

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...

RFID Payment Technology: Adoption and Consumer Behavior

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...

Utilization of EduTot’s Products by Education Systems

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...

Strategies for Tarrot Ltd. to Maintain Competitiveness in the Market

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...

Metrics and Indicators for Assessing National Economic Health

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...

Why SAARC Markets Have Lower Liquidity Than the Foreign Exchange Market

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...

Market Access in Developing Countries: WTO Challenges & Solutions

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...

Globalization Concept and Its Impact on the State

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...

Historical Overview and Impact of Canada’s 1928 Sexual Sterilization Act

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...

Competitive Advantage: Lower Opportunity Cost in Commodity Production

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...

Emerging Markets: Critical Indicators for Market Entry Decisions

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...

The Goals of a Banking Institution

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...

Financial Stability in Australian and Canadian Banks

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...

Managing Investment Risks in a Global Economy

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...

Indonesian Market Pre-1997: Financial Strength and GDP Growth

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...

Impact of External Factors on Economic Growth in Australia

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...

Economic Impacts of Frictional Unemployment and Hyperinflation

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...

Labour Rights in International Trade

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...

Veema Banking Company’s Investment in the UAE

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...

Grameen Banking: Empowering the Poor Globally

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....

Nicaragua’s Overreliance on International Trade

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...

Money and Happiness: Insights from Economic Theories

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...

Real Estate in Los Angeles: Safe Areas with Low Violent Crime Rates

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...

Modes of International Trade Payment

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...

The Fed’s Monetary Tools and Role of Money Markets vs. Banks

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...

Financial Institutions: Policies and Regulations

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...

Bank Performance Measurement: Net Income vs. Return on Assets (ROA)

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...

Foreign Companies Within the State: The Nationalization of the Cargill Factory

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...

Regulatory Economics and Environmental Policies

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...

Macroeconomics: Monetary and Fiscal Policies

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...

Impact of IMF and World Bank Policies on Developing Economies

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...

Insights into Managerial Economics: Mergers and Acquisitions Explained

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...

Rising Grain Prices: Causes and Global Economic Responses

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...

Budgeting Knowledge in Government: Techniques and Challenges

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...

Foreign Markets: Demand, Competition & TV Advertising

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...

Social Inequality in China, Colombia, and Australia: Comparative Perspectives

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...

The Global Financial Crisis Indicators and Risk of a New One

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...

China’s Trade Barriers: Impact on Global and Local Markets

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...

Strategies for Effective Estate Planning and Trust Management

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,...

Financial Institutions Management and Sources of Finance

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...

Barclays Bank History and Analysis

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...

International Trade Benefits: Insights from Bangladesh & Ecuador

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...

Analyzing Mexico as an Emerging Market: Economic Trends and Insights

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...

Emaar Properties’ Strategic Entry into Astana: Key Considerations

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...

Great Recession Overview: Causes, Effects, and Key Takeaways

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...

AndFound Start-Up’s Problems, Strategic Options, Action Plan

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...

Contribution of Raul Prebisch on Economic Development

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...

Western Oahu Veterans Center: Mission, Activities & Challenges

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...

Monopoly Company in Managerial Economics

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...

Human Subjects in Consumer Research

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...

Investment Strategies for Personal Finance Across Different Ages

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...

Economic Efficiency for Policy Analysis

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...

Monetary and Fiscal Policies: Central Bank and Government Roles

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...

Brazil’s Economic Growth: Opportunities, Inflation, and Policy Challenges

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...

Consumer Embarrassment: Impact on Basket Size and Value

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...

Key Issues in International Business and Free Trade Agreements

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...

The Lehman Brothers Bank Collapse

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...

US vs. Canadian CPI: A Comparative Analysis of Food Prices

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...

Business Management Issues: 2008 Global Economic Crisis

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...

The Halo Effect in Business

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...

Consumer Price Indices in Mongolia: Economic Implications

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...

Economic Impacts of Trust and Inequality: Analyzing Influences and Outcomes

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,...

Analyzing Aggregate Demand in Different Economic Contexts and Scenarios

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...

The Net Present Value Concept

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...

The Decline of GDP (Gross Domestic Product) and Emerging Alternatives

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...

Friedman: Liberalism, Individualism, Market Economy

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...

Globalization Impact on Trade and Employment

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...

Fuchs vs. Garnham: Marxism in the Digital Economy Debate

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...

Understanding the US Recession: Causes and Solutions

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...

Addressing Insolvency in the Highway Trust Fund

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...

Critical Analysis of the UK’s Potential EU Exit Referendum

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...

Tax Incentives: Reducing Taxes for Social Benefits

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...

Federal Reserve Policies and Economic Impact on Wal-Mart

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...

Foreign Direct Investment in India: Theories and Impact

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...

Singapore and Malaysia: Controversial Relations and Economic Ties

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...

The Economic Impact of Brexit on the UK Economy

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...

China’s Shift: From Manufacturing to New Economic Drivers

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...

Hawaii’s Solar Wars: Economic Conflict and Variable Pricing Solution

“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...

Comparison of Chinese and Syrian Political Impact on Economy

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...

Housing Bubble Mechanics: The 2008-2009 Financial Crisis

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,...

Challenges in the U.S. Ethnic Housing Market: Strategic Insights

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...