2423 samples of this type
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...
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...
Every economy has its purpose and role in society. It is necessary to comprehend a true worth of economy to use its benefits and succeed. As a rule, there are four main functions of the economy: the identification of what should be produced, the analysis of production amount, the description...
In an ailing economy and threats of frequent economic crises, one of the main areas of interest is the idea of tax reforms. Some scholars argue, within the context of classical versus Keynesian economic theories, that the ailing economy is a strong incentive for implementing tax reforms to reduce the...
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...
Introduction Financial stability of any company helps in creating good reputation that could be considered by banks for future loans. The management team should focus on strengths since this is the core that determines the status of each section of the company. Calculations on financial ratios are basically derived from...
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...
Introduction A market structure is the number and size of buyers and sellers who are interested in a product or service. Apart from buyers and sellers involved in the market, market structures for a commodity also include the likely entrants. Because of the differing level of competition within the market,...
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...
