2532 samples of this type
The Modern Organization The modern corporations are viewed through theories developed after the Industrial Revolution. Max Weber and Karl Marx shared this view. Max Weber wrote an essay about bureaucracy. His work crystallized the understanding of the organizational structure of a firm, the understanding that would last for generations. His...
Statement of Thesis Over the past few years, environmental issues in general and the issue of carbon emission in particular have gained impressive significance. In order to prevent the CO2 emissions from destroying the ozone layer and slacken down the process of ozone depletion, two major methods of reducing the...
Credit card debt is a phenomenon that is characteristic of the U.S. economy and banking system because the U.S. households prefer using credit cards and regularly report credit card debts. In this context, it is important to examine what factors can influence the increases in borrowings and accumulations of debts....
Democracy and Successful National Economic Performance: India Case There is a strong tie between the political regime of the country and its national economic performance while these elements tend to be interdependent. This assumption implies that one will cause the development or stagnation of another and vice versa. Consequently, in...
Introduction This paper is looking into the case of the financial crisis, which results in an economic recession and the further sustained and recovery effects with the main references made to the case of the Great Recession of 2008 in America. Unemployment, income, and other economic inequalities have been cited...
Introduction This article is an interview with the renowned philosopher and activist, Noam Chomsky by Robert Schupp and Richard Ohlemacher on the issue of shadow economies. In the article, Noam Chomsky addresses the issue of shadow economies that has plagued the entire world. These informal economies are accused of enriching...
Data / Year 2011 2012 2013 GDP (current US$). 7,492,432,097,810 8,461,623,162,714 9,490,602,600,148 Population, total 1,344,130,000.0 1,350,695,000.0 1,357,380,000.0 GDP per capita (current US$) 5,574.2 6,264.6 6,991.9 FDI inflows 280,072,219,149.9 241,213,868,161.4 290,928,431,467.0 FDI outflows (% of GDP) 1.3 1.4 1.7 Balance of Payments 136,097,000,000 215,392,000,000 182,807,000,000 Imports 459.4 487.7 530.4 Exports 761.8...
Executive summary The aim of this research project was to critically analyse Topshop and Matalan with the view of identifying the firm that is most appropriate for investment by Caifu Investments Ltd. The analysis shows that Matalan is a small firm that is easy to control. On the other hand,...
Introduction Foreign direct investment is usually defined as ownership or control of 10% or more of the voting securities of a United States business by a foreign person or company, as well as equivalent investments into a US-owned company. The presented article analyzes the changes in foreign direct investment in...
Introduction The problem of carbon emission into the atmosphere is highly associated with the greenhouse effect that has become a paradox in the world’s environmental economics. Carbon dioxide gas is one of the heat trapping gases that cause the greenhouse effect in the world. The impacts of carbon emission based...
The European debt crisis poses a significant challenge to the economic stability of the European Union. Since economic stability is the basis of the European Union, the economic crisis seems to threaten a robust relationship that exists among member states. Currently, the European debt crisis has revived the need for...
Introduction The trend that appears one of the most significant for organizational and societal future on the global scale is circular economy. Simply put, it is a mode of production that makes the most use of recycling, eliminating waste and reusing it in a fashion that can be described as...
Introduction The aim of the paper is to study immigrant labor market in Canada. In particular, the paper aims to compare the average earnings of an immigrant group, the other immigrant groups, and the Canadian-born citizens in order to understand the wage difference between the three groups based on gender...
Introduction Privatisation of the state-owned enterprises, whether understood from broad or narrow sense, has been highly advocated for particularly by the western governments and the Bretton Woods institutions. The main reason for privatisations is that the state-owned enterprises are poorly performing and inefficient particularly in services delivery. As such, privatisation...
The increase in taxes associated with the gambling industry in Australia cannot directly respond to the problem of gambling costs as well as to many social and moral issues. On the one hand, the increase in existing gambling taxes can lead to increasing the revenue source for the governments. Furthermore,...
It is imperative to note that macroeconomic performance is a fascinating topic that is actively discussed by many scholars. The situation in Germany is especially interesting, and it is influenced by numerous internal and external factors. For instance, an increase in spending on refugees has helped to boost the economy...
Introduction Pair trade is a market-neutral trading technique. The approach helps business persons to benefit from any market conditions. It is made up of two categories of trading. The clusters include statistical arbitrage and convergence trading plan. The pair trading strategy was developed by Gerry Bamberger. In the mid-1980s, the...
Introduction The article begins with a breakdown of expenditures by foreign direct investors over the last few years. In 2016, they totaled $373.4 billion, which is lower than the $439.6 billion that was recorded in 2015 by $66.1 billion. The author notes that these numbers are above the annual average...
Standard Cost System: Introduction Standard costs are set (target) costs expected to be incurred when a company operates under efficient conditions (Drury, 2008). The main function of standard costing is to eliminate wastage of resources during operation and increasing efficiency during operation. Standard costing is generally best applied to companies...
Describe the essential characteristics of a bond and how these characteristics interact to determine bond value, inclusive of how both the interest rate and coupon rate influence bond value and pricing. It is probable to identify bonds as the investment option of primary importance, and the proper usage of bonds...
Neoclassical Neoclassical economic school of thought emerged in the early 1900s from what is known as the Marginal Revolution. It was a response to the Classic economic theory which did not accurately reflect items on the market. Ideas began to form which based value on the relationship between a buyer...
Abstract Oil prices rise and fall depending on the demand and supply of the commodity in the market. Several factors affect demand and supply and a balance of these two is required in order to keep prices stable (Hansen, 2005). Due to uncertainties in oil supply, strategic oil reserves are...
Introduction The Canadian government spends money on social housing through the Canada Mortgage and Housing Corporation (CMHC). The CHMC has for a long time played a key role in implementing the government’s objective of investing in the housing market in order to provide affordable housing to Canadians. Over the last...
Problem Statement A problem of affordable housing is a burden of the American population. Although attempts are made to solve it on the federal level, they are still not efficient is some states. For example, Charlotte region of North Carolina faces a shortfall in affordable housing which is supposed to...
Introduction Oil is a natural resource and specific to a location. Oil continues to become difficult to harvest with time, as the topmost and easily available resources dwindle. Miners and explorers have to look for new technologies and examine new locations that did not feature as potential oil producing regions...
Introduction Background The banking sector remains one of the most important industries that have a significant impact on other industries within a country’s economy. According to Cornée, Karmi, and Safari, the banks provide finances needed by other sectors to run normally (498). They provide a platform for trade among large...
Basis for the EIA Support and Their Specific Benefits Having become a rather frequent occurrence in the environment of the global economy of the 21st century, economic international agreements (EIA) have reasons for being values so high by their members (Cooper, 2014). The countries that participate in EIA receive a...
In Japan, the supply of money is mainly controlled by the Bank of Japan with the help of monetary policy that is focused on inflation and interest rates. Still, during the past two decades when interest rates were extremely low, unconventional monetary policies were implemented in order to improve the...
The Relation It is hard to give a clear answer to whether democracy and economic growth are related to each other. Before analyzing this question, it is important to define the terms involved in this issue. Democracy is a system of government in which the people of the country choose...
Economists use econometric instruments in order to complete the quantitative analysis of the available economic data and determine possible relationships. Traditional econometric methods are statistical instruments associated with discussing the linear relationships and changes (Magnus, Powell, & Prufer, 2010, p. 140). The notion of the economic evolution is closely associated...
Introduction As from 2009, the Eurozone has been undergoing a monetary crisis, which calls for major austerity measures. With Greece, Ireland, Portugal, Spain, and Italy being among the first victims of the crisis, other countries in the Eurozone are feeling threatened that economies may face the same challenges as the...
Several reports provide an indication that the US economy has been improving significantly since January 2014, providing hope to the millions of people and companies that have been affected by slowed growth rates since the end of the recession. In this article published in the New York Times, Cohen reports...
Introduction This research report covers Government Spending on Social Housing Programs in Canada. Canada Mortgage and Housing Corporation (CMHC) acknowledges that the private housing market can meet housing needs of nearly 80% of Canadians without government involvement (Canada Mortgage and Housing Corporation 1). However, the private market leaves about 20%...
Introduction An iron ore deposit is a mineral collection of sufficient size, iron-content, and chemical composition with physical and economic aspects that makes it a viable source of iron either immediately or potentially. Economic viability is essential. No definite limits can be set on the size, grade, or mineral composition...
Introduction A housing sector that that is efficient in its performance can become an instrumental method of meeting the needs and requirements of the Canadian population. The Canada Mortgage and Housing Corporation supports the financing activities linked to the housing needs of approximately eighty percent of the Canadians. Furthermore, the...
Introduction The financial crisis of 2008 had influenced the well-being and prosperity of many countries in a negative way. Together with the rest of the world, the United States of America experienced the great recession that was considered to be the worst after the Second World War. There have been...
Lessons from Serving as a Public Budgeting Leader and Manager in the Public Sector Public budgeting refers to a field of administration that revolves around the assessment of the available resources and their allocation to the various activities of a firm or organization. I have learned that public budgeting managers...
There were significant expectations laid on the new president after the election. The economic situation Obama had to face when becoming the president was a true disaster. The first step the new president was to take was to define the team that would be supposed to meet the challenge. Obama...
In the paper, the returns and quarterly earnings of Apple Inc. will be analyzed. The company is a component of the S&P 500 index. The analysis will be carried out for a period of 5 years. Returns The share prices for a day before and a day after the announcement...
Introduction Between the last quarter of 2007 and early 2009, the world went through a serious economic crisis that left several economies vulnerable. Greece was no exception. In 2010, following the aftermath of the 2009/2009 global crisis, Eurozone fell to the effects of the remedial measures tabled against the global...
Introduction Economic globalization is the increased economic integration and interdependence that goes beyond national, regional, and continental borders. Economic integration occurs through the globalization of production, technology, marketing, labor, and other factors of production. Economic globalization is heavily dependent on Information Communication Technology (ICT). This paper will explore the aspects...
Economics: An Article Review The article by Agrawal provides results of an empirical study of the correlation between the economic growth and the decrease in the levels of poverty in the rural areas of Kazakhstan, a country that, after a period of stagnation following the dissolution of the Soviet Union,...
Fiscal responsibility remains one of the most important terms when it comes to the field of public administration (Cangiano, Curristine, & Lazare, 2013, p.205). Speaking about the present situation with regard to the distribution of fiscal responsibility in such country as the United States, it is necessary to say that...
What is the current macroeconomic situation in the U.S? The macroeconomic situation in the US is currently faced with high inflation rates, which paint a gloomy picture to many US citizens (Baumol & Blinder, 2011). In the recent past, the US has come out of a recession that affected the...
Time Value of Money Time value of money (TVM) is a financial concept, which implies that money available to an individual or a company at the present time is much more valuable. The same amount of money is worth more in the present than it will be worth in the...
Introduction Probably the most notable characteristic of today’s living in the West is that there is presently a strongly defined neoliberal quality to the socioeconomic realities in Western countries, reflective of the assumption that one’s entrepreneurial freedoms cannot be restricted – even if it comes at the expense of undermining...
Introduction The United States is the nation with the highest number of vehicle ownership per driver. The country with the second largest number of personal vehicles is China, which has 69 vehicles for every 1,000 citizens, compared to 820 registered vehicles for every 1,000 US residents (World Bank, 2014). One...
Monetary actions refer to the steps that are taken by the Fed to ensure stability in the economy and the achievement of other macroeconomic objectives. The actions range from open market operations to bank rates and reserve requirements for a commercial bank. The Fed needs to administer its objective through...
Introduction Deficit spending affects the economy and labor market in various ways. A deficit occurs when the level of government’s revenue is below its spending. Apart from deficit spending, the government may decide to use surplus. In surplus spending, the expenditure is below revenue. Increase in spending may come in...
Background information The Indonesian housing market is heading towards a burst. This reality has been necessitated by economic factors that are integral to its propagation. There are numerous similarities that are evident between the Indonesian case and the United States housing bubble in 2008. Several factors were responsible for the...
Held and McGrew define globalization as the integration of aspects such as the economy, religion, culture, social systems, and politics worldwide (1999). It is how the world’s interconnections are broadened and get to operate as one in all the aspects of social life. Globalization has led to wider access to...
Introduction Foreign direct investment is guided by various theoretical approaches. Theories of FDI provide a guideline, motivation, and direction of FDI application. These theories can either be macro or micro. As the paper reveals, macro-level theories of FDI explain various macroeconomic factors that are responsible for FDI uptake. Macroeconomic theories...
Introduction Structural adjustment frameworks refer to the various economic policies that are established to function as conditions for acquiring loans from the IMF and the World Bank. According to Bird, structural adjustment policies mainly comprise frameworks that help in seeking the formation of free markets such as fiscal austerity, deregulations,...
Abstract The paper provides a critical review on a journal authored by Nichols, Raska, and Flint (2015). The authors conducted a millennial customer research on the impact of buyer humiliation on volume and worth. This journal was based on how millennial and non-millennial clients were affected by their emotional impacts...
Introduction Over the last one decade, policymakers and regulators have shown an increased and concerted effort towards mitigation of climate change. Market based pollution permit trading programs comprise the chief mitigation strategies that have been implemented to regulate industrial pollution. Tradable permit programs establish a clear price signal that serves...
Introduction Unemployment rate refers to the percentage of people within the available labour force who do have jobs and are actively looking for one (Boyes & Melvin, 2005). Unemployment rates cannot be reduced to zero, which means every economy has some level of unemployment. However, these unemployment rates are of...
Introduction Monopolistic competition is described as an imperfect competition where a small number of producers sell differentiated products, which are not necessarily substitutes (Borenstein, Bushnell & Stoft, 2010). Werner & Kirk-Duggan (2009) provide several explanations for this imperfection. They are of the view that the imperfection is brought about by...
There is no need to stress that after the WWII, the United Kingdom, as well as the rest of the Tripe Entente members, faced complete devastation, with most of the state being destroyed. As a result, the necessity to rebuild the British society emerged, and the creation of new residential...
The first article “Competition is Healthy for Governments, Too” by Gregory explains why competition is necessary for the government if it is provide quality services to the citizens. To begin with, the author argues that competition is important for markets to thrive and achieve their gains. Competition provides businesses with...
Abstract This paper demonstrates the use of financial data for financial analysis. The objective is to carry out a broad financial analysis for an actual company. It explores the various techniques and tools used for financial analysis. In the analysis, we use financial data for Hellenic Community Trust for five...
Introduction Economic performance is attributed to the association between various socio-political and legal institutions that have specific contributions to gross domestic products (GDPs) of different countries. The role of institutions in the society has been studied in different disciplines including social sciences, economics, philosophy, politics, and geography. This essay provides...
Summary of the Article The article “So, We Meet Again: The Greek Crisis” emphasizes the core issues that the European Union [EU] is considering in determining how to resolve the Greek financial crisis. According to the article, most citizens in the European Union are of the opinion that Greece should...
Introduction Nowadays, businesses owned by the representatives of the so-called First World often try to persuade the public in their benevolence, respect to human rights, sustainability, etc. However, when their foreign production facilities are examined, it often comes to light that these companies engage in the harsh exploitation of workers...
Introduction The People’s Republic of China has marked an impressive economic development over the last few decades. This great advancement has helped to steer the country to the top in matters regarding the global economy. According to recent reports on global economy, China has overtaken other powerful Western and European...
Why did Belarus decide to abolish the currency trading restriction? The reasons for Belarus to lift the existing currency trade restrictions are rather basic; according to the statement issued by the state’s financial authorities, the given strategy will allow for improving the current economic state of the country. Indeed, as...
The national Australia bank has many programs which help it to adhere to the ethical regulations which govern all businesses in Australia. For example, in 2004, the bank launched a customer relationship management system which enabled it to win the Cap Gemini financial innovations award in 2006. It also launched...
Introduction Since the Second World War, the United States has been working hard to overcome the deepest as well as the longest recession it has ever faced (UN, 2011). However, on its way to recovery, the country has experienced a very slow speed. The growth that was experienced in 2010...
The economy of China is one of the fastest growing economies in the world with “an estimated annual growth rate of 10 percent per annum from 1978 to 2005,”, as Naughton stated (34). China has the highest population in the world, with an estimated 1.3 billion people, according to the...
Introduction Globalization has led to the emergence of numerous trends and challenges for business operations in the 21st Century economies. The contemporary business environment is more dynamic due to the effects of the high rate of globalization. Most economies in the world are growing on a worldwide scale, thus increasing...
Synopsis The article under consideration entitled “Introduction: Inclusion and Exclusion in the Global Arena” is a piece of writing by Max Kirsch taken from the book written by the same author. The article was published by Routledge in 2007. The author introduces information about the controversial nature of globalization in...
The Fed has gained a positive image in the eyes of the public, but this is a misrepresentation of the actual picture with reference to the Fed’s actual performance. The Fed is “a private organization consisting of private banks and it is charged with the responsibility of managing the flow...
Introduction Economic theories of the past have shown that they still have a positive impact on the improvement and development of the modern society. Economic theories have greatly facilitated the growth of societies by assisting them to reach their current state of being informational societies which have consequently become global...
Introduction Oil exploitation comes with direct benefits such as improved tax revenues, employment opportunities, and royalty payments. However, oil exploitation has many costs as well, including environmental damages. In Canada, oil sands, oil, and gas exploitation in the Western provinces of Alberta, Saskatchewan, Manitoba, and British Columbia has increased in...
The Supplemental Nutrition Assistance Program (SNAP) as a federal aid is developed to meet a lot of economic and social goals and to increase the level of nutrition of the low-income population, to contribute to the effective marketing and distribution of products and food, and to reinforce the country’s agricultural...
Abstract This paper is a comparison of two economies, the UAE and the UK, using variables that made them similar or different from each other. First, the two countries are members of their respective regional integration, the Gulf Co-operation Countries and the European Community. The GCC and the EC have...
Japan Tobacco Inc. is one of the largest tobacco companies that operates in a large number of countries in Africa, Asia, Middle East, Europe, as well as Northern America. In Europe, JTI has been an important player for sustaining the economy of the countries, especially Bulgaria. The company sees a...
Abstract Transportation is one of the key factors that drive any country’s economy. An industrialized nation such as the US relies heavily on transportation and logistics system for its economic growth. Statistical findings indicate that the system contributes about 10 percent to the US GDP. The developments in the US...
Introduction Germany, Greece, and the U.A.E are notable economies in Europe and the Middle East. Many countries have emulated their economic models (The Global Economy 2015). For example, Saudi Arabia has tried to emulate the U.A.E’s diversification strategy to decrease its reliance on the energy sector (The Global Economy 2015)....
According to the standards developed by Ernst & Young and titled as the Globalization Index (“HK, Singapore: top 2 most globalized economies, 2010), cannot be viewed as a fully objective instrument for measuring the extent, to which a state has succeeded in the process of becoming globalized. Instead, the index...
The article “High Line Living” by Vivian Marino, a columnist at The New York Times, describes a luxurious penthouse at the High Line that is due to be on sale in the nearest future. The penthouse is situated in a glass-steel fourteen-story building in Chelsea and currently costs $22.95 million....
Introduction Merger is one of the most common business practices in the current competitive market. According to Van (2010), as firms struggle to manage challenges in the market, they find it more beneficial operating as large entities other than small business units. They get to enjoy economies of scale and...
Abstract The economy of the United States has gone a long and difficult way from being weak and completely dependent on the outside factors to being represented by a set of rigid yet efficient rules and a number of entrepreneurships ranging from SMEs to global enterprises. When considering the effects...
Introduction Although the statement about a direct link between transportation and the economic balance of the United States might seem somewhat farfetched, the two are, in fact, related to each other quite closely. A brief overview of the factors that gear the American economy towards prosperity will reveal that the...
Introduction It is important to mention that regional growth is a topic that has been actively discussed over the last few years, and it is especially true for such areas as Asia that are still actively developing. Some of the recent events need to be mentioned to get an understanding...
Brazil is becoming an economic powerhouse in the world today. This country has continued to enjoy a stable economic growth for the past 15 years (Sachs). Brazil has been opposing the industrialized world on many issues such as global warming and climate change. Brazil embraces the best economic practices and...
The economic, financial, and political situation in Italy can be discussed as affecting the development of the tourism and hospitality industry in Italy significantly because the changes in the economic environment influence the businesses’ growth, profitability, and competitiveness; the aspects in the financial policies influence the possibility of investing into...
The significant shifts in the development of global trade in the 20th century provoked the emergence of the new phenomena in the international trade organization. The regional free trade agreements can be regarded as one of these phenomena. The free trade concept was introduced in “Theory of Comparative Advantage” by...
Introduction This paper entails a critical analysis of some issues encountered in international business. The issues are based on some questions are illustrated herein. Questions Why are governments in today’s world liberalizing cross-border movement of goods, services, and resources? Governments have a responsibility to ensure that the diverse macroeconomic goals...
Savings, BOP and current Account According to Soukizis and Cerqueira (2012, p. 59), savings indicate what is left after consumers have made their consumption. The income is either consumed or saved with savings being closely related to the level of investment and the national income. The level of savings in...
Compensation is a systematic approach of providing monetary value and other benefits to employees in exchange for their work and service. To understand compensation within a global framework, recognition of the existing differences and similarities between the various contexts in which a company operates is important. Milkovich et al. (2008)...
What are the approaches international managers seek to understand when instituting change in the international arena? Working in a new environment, let alone the environment of an entirely different state than the one, which a company was created in, requires a profound understanding of the rules and regulations that the...
International business is a common practice in many parts of the world. Many countries engage in international trade in order to export their products and import whatever they do not produce (DEP: Department of Export Promotion Thailand). New business concepts have emerged in order to cushion every developing country from...
Introduction At one point in the history and evolution of companies and markets, monopolies were common across the world. During those times, competition was low for various reasons. Firstly, start-ups were few, and thus the monopolistic companies did not have emerging competitors. Secondly, the emerging competitors were highly disadvantaged due...
Import substitution is a strategy that is normally applied by the developing countries in controlling imports. The government replaces its foreign imports with domestic production. Import substitution is important because it helps the country reduce its foreign dependency. Specialization, on the other hand, refers to a situation where a country...
Executive Summary The United States economy is not dependent on fossil fuels for growth. Gas provides about 24% of total energy sources, and its price is, therefore, a major factor in overall economic productivity. There have been relatively mild changes in the price of gas over a long period, with...
Kenya is a country that is located in the East African region. It borders Uganda to its west, Somalia to the east, Ethiopia to the north, Tanzania to the south and the Indian Ocean along its southeastern coast. It has a population of approximately 40 million people, according to the...
Introduction Increase in oil prices will influence on the economy negatively. Its effect on economy can be evaluated through the consumer behavior, i.e. high oil prices will scale the cost of living high since most people depend on the oil either directly or indirectly, as almost everyone uses fuel to...
Introduction When making an investment, it is important to look at a number of factors in order to ensure that the returns are within the investor’s expectations. In many cases, people make investment without a proper analysis of the underlying forces. When this happens, it is possible for the investment...
The relationship between climate change and international trade has been on a great verge of developing a new critical issue. This was so evident at the Conference of Parties (COP 17) Climate Conference that took place in Durban, South Africa; the November-December 2011 conference focussed on selected imperative issues that...
The modern world is characterized by the opposition of blocks of states. Each of these blocks has its leader who determines the policy of this block. Being superstates, these countries fight for their dominance in the world, using all methods and remedies they have at their disposal. One of the...
Commentary The youthful population in Saudi Arabia is still being faced with a growing rate of unemployment. This may appear as a paradox bearing in mind that this country is one of the leading producers of crude oil. There are several fundamental and systematic limitations that have significantly contributed to...
Introduction Imperialism can be defined as a form of governance where the maintenance and control of a country’s power and resource are done by the military. Imperialism is also regarded as the highest form of capitalism, and it is very exploitative in terms of the country’s resource and labor forces....
The claim by a sixteen-year-old inmate that he came from a rich family was more interesting to fellow inmates than concerns regarding the boy’s innocence or guilt. The mention of fifty six thousand dollars mesmerized the other inmates who “could not stop talking about the cars and clothes he could...
Introduction This research explores the Swiss Gold Referendum as a contemporary economic issue that may have both domestic and global impacts. Swiss Gold Referendum is a controversial issue that requires voters to decide. The proponents of the Swiss Gold Referendum want the Swiss not to give away their gold. Traditionally,...
Property damage is one of the major sources of conflict in the realm of business, especially when it comes to discussing insurance-related issues. According to the case study, the person providing renting facilities to Jeff can be regarded as the party with insurable interest. Indeed, according to Rejda, the key...
According to Roland, the continued rise of interest rates in South Africa has been detrimental toward the growth and development of the fast-emerging economy (par. 1). The withdrawal of the stimulus package has worsened the state of economic performance. It is vividly understood that the problems started when the Federal...
Dynamics of supply and demand in the oil industry and the global financial issues have resulted in unprecedented instability in prices of the commodity in the past few years. Meanwhile, oil refiners have faced sudden changes in profitability. Consequently, many refineries have adopted different hedging strategies as attempts to manage...
The landmark multilateral agreement at the Bali conference in Indonesia under the umbrella of the WTO remains a major achievement of the Doha Declaration. The ministers had agreed to adopt about 50 decisions on different issues such as agriculture, investment measures, textile and clothing, technical red tapes to trade, and...
Introduction This section will briefly introduce two scientific approaches to monetary policies. In particular, it will be important to mention the debate between Banking and Currency Schools. One should also identify the leading representatives of the two schools such as Robert Torrens and Thomas Tooke (Daugherty 140). It is important...
The pace at which the US Federal Reserve has been applying mandatory cuts on bonds has raised different reactions from the business community. Opinions have been divided on whether to allow the economy to recover or decrease bond purchases at the present pace within the year. The unpredicted economic performance...
In March 2014, the “Globe and Mail” carried a story on Ukraine’s move to impose new tariffs on car imports and the possible economic consequences of this initiative. Ukraine is one of the newest members of the World Trade Organization. It joined the group in 2008. In addition, it is...
Introduction Predatory practices are admittedly and notoriously unethical as they are harmful to the borrowers and potentially for a country’s economy. While the wrongness of the predictors’ actions cannot be denied, it is not uncommon for victims to be blamed as well. In order to define the guilty party, it...
The move by Prime Minister Najib Razak’s government to apply cuts on subsidies in 2013 to reduce Malaysia’s fiscal deficit and high debt burden is part of the reason for the faster increase in prices of essential commodities. So high was the inflation that the consumer price index surpassed the...
Introduction Changing and unpredictable economic trends due to globalization have forced many people across the world to question the real meaning of life. Constantly changing economic crises have overwhelming effects on various economic activities which have stimulated social, political and economic reforms aimed at alleviating economic forces of globalization that...
Employment in the UK has shown a positive sign that many believe to be a mark of an economic turnaround. The unemployment rate has fallen considerably, and the rate of employment of women and that of youths has increased (UK unemployment falls by 125,000 to 2.34 million). Analysts believe that...
Introduction This paper presents a detailed macroeconomic analysis of Saudi Arabia. The study will focus on four areas, namely, unemployment and inflation; fiscal policy and monetary policy; economic reforms; and balance of payments and exchange rate. Saudi Arabia is the largest economy in the Gulf Cooperation Council (GCC). It is...
Introduction Companies are always looking for new tactics to help increase their efficiency and decrease production costs. Such strategies result in increased productivity, thereby promoting organizational growth. One strategy that has become popular among American firms over the past decades is outsourcing. Outsourcing is the results-oriented relationship of a company...
Introduction The United States of America has instituted various fiscal and monetary policies to ensure that the economy remains competitive. According to the Bureau of Labor Statistics, the economy is the largest in the world although it faces numerous challenges. Since the global financial and economic crises of 2007 and...
The issue of student debt is clearly one of the most important issues that we face today. There are many different proposals as to how to deal with it, but it seems that the best decision that can be made would be for the government to appropriate the debt of...
Investing into a foreign country is always fraught with a range of risks, which the project concerning the analysis of the Italian business sector is a prime example of. A detailed study of the environment, which the Italian private sector has to offer for a foreign investor has shown that...
Introduction In many modern societies, getting rich is the major goal pursued by every member. In spite of this, very few people understand the key steps that should be followed to achieve the objective. A number of factors must be brought together for one to become rich and successful (Dennis...
The Article in the New York Times On 31 August 2015 The New York Times published a rather controversial article by the title ‘As His Term Wanes, Obama Champions Workers’ Rights’. The story is an almost perfect example of labor economics, as it involves the employees of the labor services...
Tracking down the progress of an organization is an essential part of the analysis that helps locate the problems and obstacles that a firm may face (Majumdar, Das, & Alagirusamy, 2012). Therefore, the application of control charts as one of the most efficient tools for the analysis of the company’s...
Creating a budget for a project is a complex task that requires a careful analysis of the existing assets and an evaluation of the threats that the project in question may be exposed to. Traditionally, two strategies for calculating the budget are identified; these are the top-down and the bottom-up...
Insurance has a long history, which stretches back to the 3rd millennium BC. In its early history, insurance was nothing other than rudimentary risk spreading mechanisms employed by Chinese traders. They distributed their wares into many vessels so that if one or a few vessels capsized, the loss was evenly...
With the development of technology and the growth of international relationships, globalization has become an (ironically) global tendency. But what exactly does it mean for a country – to be globalized? And what challenges a modern developed country would face if it wanted to become more globalized? The article on...
Summary of the book In their book, Scott Bittle and Jean Johnson discuss various financial problems that currently affect the United States. Overall, the authors focus on such an issue as the growing national debt of the country (Bittle and Johnson 4). In their opinion, this tendency has long been...
Introduction Capitalism is defined variously by different scholars. Many view it as an economic arrangement in which the means of production are exclusively held by private investors. In addition, the businesses are operated with the sole purpose of making profits. The main characteristics of capitalism include competition and capital accumulation...
The paper tries to detail why it is a requirement for companies to adhere to the generally accepted accounting principles when following the rules of financial reports. Starbucks has been used in the paper as an example as they are a major company that adheres to the set standard all...
Introduction This paper is based on the topic of consumerism. It explores the topic by looking at the problems of new consumerism and how they may be addressed. It is argued that new consumerism is exacerbated by the conventional view that the consumer knows it all. The paper is based...
The aspects of gambling are actively discussed by politicians, economists, sociologists, and psychologists. The discussion usually depends on determining the negative impacts of gambling on the people’s life and welfare. Nevertheless, some economists and politicians claim that legalisation of gambling in definite states can contribute to raising revenues. Some US...
The US has the largest economy across the globe. However, it has been experiencing challenges that are associated with recession following the 2008 economic crisis. Unemployment constitutes one of the biggest problems in the US. As Rothstein and Valletta (2014) confirm, after the recession, unemployment has been one of the...
