Reasons Why the Third World Is Underdeveloped

In the 1960s and 1970s, a peculiar trend emerged in world social thought —dependence theory. Other variants of this trend are dependent development, dependent capitalism, peripheral development, and peripheral capitalism (sometimes this trend is called dependentism). Representatives of the scientific community of Latin America play a significant role in this...

Generation Z and Their Purchasing Decisions

Introduction Nowadays, companies do not only have to assess the demographics of their target consumers but pay close attention to their values, habits, and lifestyles. Dividing people by generations may seem oversimplified at first. However, this is an efficient method, which provides insights into a certain group’s psyche and behavioral...

Tesla’s Stock Prices Review on Yahoo’s Finance Service

For this week’s assignment, the stock prices of Tesla are reviewed using Yahoo’s Finance service. Tesla is a United States-based company that works in the industry of electric car manufacturing construction and is of the companies owned by Elon Musk. Tesla is a great company, both because it entered a...

South Korea’s Chaebol Analysis

The South Korean economy is a highly developed mixed economy, holding 10th place by nominal GDP, which is one of the most successful and flexible in the world due to its high-tech industries. However, the country’s economy is characterized by a unique feature that is not seen to such an...

Investment Viability in Real Estate

Real estate investment is the commitment of finances to the property with the objective of generating income through lease or rental with an aim of capital appreciation in the long run. Real estate is basically land and any developments made to land and the sets of rights acquired with it,...

Conscious Capitalism and Fair Trade

The concept of conscious capitalism supports fair trade and is relevant to many types of businesses. The approach hinges on the philosophy that commercial activities can elevate humanity if they are executed cautiously through socially responsible economic and political practices. According to Kotler (2016), conscious capitalism entails a relationship between...

The Difference between Accounting and Finance

Summary As far as the topic of finance is concerned, it is first of all necessary to understand the difference between the two notions that some people usually use interchangeably. They are accounting and finance, and the exact line drawn between them facilitates the further understanding of finance as the...

Global Financial Crisis and Market Efficiency

Ray Ball proposes several lessons about market efficiency that people can learn from the global financial crisis. Among the lessons are the limitations to the efficient market hypothesis, which, according to Ball (2009), is silent on the supply side of the information market. This argument means that the theory of...

Banks and Banking in Spain

Introduction Spain is in South West of Europe. It has an area of 504,750 square kilometer. It had estimated population of 40,341,000 as of 2005.Its capital is the largest city namely Madrid. Some important cities in Spain are Valladolid, Burgos, Salamanca, Toledo and Badajoz. Great regional diversity is being displayed...

“Wall Street on the Tundra” by Michael Lewis

Michael Lewis is the author of the article titled Wall Street on the Tundra which attempts to describe events that led to the financial crisis that befell Iceland. Even though Iceland’s financial meltdown attracted scant global attention in relation to other calamities that reverberated through the global economic powers, the...

Long-Terms Goals in Financial Planning

Introduction Financial goals refer to the aspirations in the life of an investor that needs to be achieved when the person invests his money. By setting financial goals, chances of regretting are minimized and it ensures that the desired goal of investment is realized. These goals vary from one investor...

The Capital Structure Theories Article by Brendea

Introduction The review of issues concerning capital structure is defined by the perceptions expressed by various authors. In the article capital structures theories, a critical approach (2011), Brendea defines capital structure as the financial structure of a firm coupled with the long term financing used by the firm. She observes...

Obesity Rates and Global Economy

Introduction Modern society tends to substantially develop itself within the scope of discoveries, technical achievements, and improvement of social relations. Moreover, in the scientific dimension, discussions are no longer merely about the gradual transformation of historically established conditions, traditions, and trends. It is about the attainment of the so-called sustainable...

Defined Benefit vs. Defined Contribution Plans

Introduction In comparison, the number of defined contribution plans has grown in the past few years as opposed to the traditionally defined benefit plans. Additionally, many defined benefits plans have been converted to hybrid plans that incorporate aspects of both the defined contribution and defined benefit (Gale et al, 1999;...

Trade Issues and Patterns of Mexico

Introduction Trade is one of the most important elements of a country’s overall economic success. It can significantly influence the federal budget and ensure the financial stability of a state’s regions. Moreover, developed trading relations and a sustained economic situation make a country powerful in different spheres of international collaboration...

Economic Environment for a Construction Firm

Introduction The construction industry is plagued by a lot of difficulties in the UK and other parts of the world. This study mainly focuses on economic conditions affecting construction firms based in the UK. This focuses more on those industries which are trying to expand. Construction firms basically deal with...

Investing in Real Estate in Germany: Factors to Consider

Assiduous business professionals will agree to the fact that a multiplicity of factors needs to be considered before any decision to invest at an international level is made. Business entities do not exist in a vacuum; they affect and in turn are affected by various cultural, geographic, physical, legal, political...

Alienated Labor in Capitalist Societies

The capitalist system is a generally accepted norm which functions successfully in the modern world. However, Marx presented the alienation of labor, which is one of the capitalist features, as the process is contrary to human nature (Vidal et al., 2019). The reason for the emergence of such a phenomenon...

Investments and Loans Practical Insight

The ability to dispose of money and other resources in a proper way predetermines the wellbeing of every person. One might have 1,000 dollars and turn it into the extensive network of manufacturing facilities, while another person might lose the whole number of millions of dollars without an understanding of...

International and Traditional Trading Theories

A trade war is a situation in which countries seek to harm each other’s economies, retaliate against each other by imposing import restrictions and other methods. The imposition of a tariff on imported products makes exports unprofitable for the second country-party to the conflict. Also, it increases the competitiveness of...

Technological Advancements and Job Growth

Advancement in Technology has, to a larger extent, eliminated different forms of jobs in the recent past. Job automation technology coupled with globalization has been the principal force behind the moribund wages together with diminished prospects of most workers around the globe. Within the next 25 years, job growth is...

Rental Market Conditions

Introduction This paper utilizes data published by the Canada Mortgage and Housing Corporation‘s (CMHC) rental market. The CHMC report gives a comprehensive analysis of trends revolving around the availability and costs of rental units throughout Canada, with regards to its provinces and metropolitan areas (Canadian Mortgage and Housing Corporation, 2020)....

Nominal Anchor: Monetary Targeting and Inflation

Introduction Nominal anchor is the behavioral regulation used by Central Banks on the verge of alleviating nominal variables such as a country’s general price level. To be more precise, these mechanisms are adopted to check on either deflation or inflation in the country. The commonly used nominal anchors by the...

The Effectiveness of the World Bank

Introduction The World Bank was established with the main aim of alleviating poverty by providing aid to developing countries. For many years, the institution has given billions of dollars both as loans and grants. However, its effectiveness has been questioned because despite the support, many countries have remained stuck in...

Organizational Structure of Vipshop Holdings Limited

In general, the organizational structure of a company specifies its strategies, authority, formal reporting relationships, controls, procedures, and decision-making processes. Organizational structure helps to formulate specific strategies that may be required for the improvement of the firm’s performance and competitive advantages (Hitt, et al., 2017). Being one of the largest...

The Ugly American Political Novel by Eugene Burdick and William Lederer

The Ugly American is a political novel by Eugene Burdick and William Lederer. It was first published in 1958 and caused a tremendous political resonance, including establishing the Peace Corps by the Kennedy administration. The authors’ main goal was to criticize the deficiencies and show the US diplomatic service failures...

Expansionary and Contractionary Fiscal Policies

Expansionary and contractionary fiscal policies are the two tools implemented by the government to control economic growth. They both use government spending and tax policies to regulate the flow of money. The expansionary policy reduces taxes and increases government spending to increase the flow of money to the economy, while...

Absentia Ltd.: Business Negotiation

The upcoming negotiation process with Absentia Ltd. must not be equal or worse than Grouse’s offer. The latter company is offering of total present values equal to $17.5 to 19.5 million and the upfront $7.5 million in cash. Therefore, Grouse’s offer can be considered to be the best alternative to...

The Important of Globalism and Nationalism

The issues of globalism and nationalism are essential for modern society. Multiple researchers of globalization focus on examining its products, phenomena, and the actual processes in which globalization is manifested. They barely touch upon and illuminate the essential question about its real sources and driving forces (Steger 21). This especially...

Analysis of Macroeconomic Variables

Macroeconomic Variables Affecting the Amusement Park Industry Products and services offered by the Walt Disney Parks and Resorts Worldwide, Inc. include theme parks, hotel lodging, cruises, and tours. Therefore, the company belongs to the amusement park industry, which is a subcategory of the travel and leisure industry. Consequently, macroeconomic variables...

Wachovia Bank Financial Report

Introduction Wachovia bank, which is now a part of Wells Fargo bank, was regarded as the fourth-largest bank holding company in the USA, the financial system of which was based on total assets. The merger with Wells Fargo Bank was stimulated by loan crisis events of the years 2007-2009. Therefore,...

Budgeting: Discussing Various Methods

Abstract This paper discusses the various budgeting models namely the traditional budgeting model, the zero based budgeting model and the activity based budgeting model. The paper discusses the advantages and disadvantages of each model, and gives a suggestion on the business environment under which each model would be most appropriate....

How the Economic Interdependence Theory Could Lead to Japan Attacking Pearl Harbor

Introduction The Japanese attack on Pearl Harbor in December of 1941 can be analyzed from the perspective of the economic interdependence theory because this conflict was evidently triggered by the unrealized expectations of Japan regarding the development of trade relations with the United States in the Asian Pacific region. The...

Increased Government Spending: The AD-AS Model

Executive summary Government spending is a significant determinant of economic development. It greatly affects the direction and speed of the economic development of the country. The main source of funds for the expenditure is taxes. Government spending ensures the provision of essential services while addressing gaps in the market, the...

Business and Economics: Business Description

The human resource department is a very important section in an organization as it enables the organizations top management to conduct its functions perfectly with little amount of shortcomings being reported, this is because the top management uses these department to recruit qualified professionals who will perform their tasks without...

The Problem of Corruption for the Economic Development of Countries

Introduction Although corruption is widespread in most countries of the world, nonetheless, the level of corruption in some of the countries is extremely high in comparison with others. In the majority of public institutions, corruption is widespread due to bureaucracy and politics (Osipian, n.d, p.35). According to the World Bank...

Rodamia: International Trade Simulation

Introduction Evaluation of a country’s natural resources is paramount in determining the country’s rate of economic growth. Considering the fact that countries have got different quantities and quality of resources, various countries consider trading with other countries in an effort to optimize their rate of economic growth (Suranovic, 2009, p.1)....

Economic Problem of Allocation of Scarce Resources

This article is about the major challenges that face Long Island and the various issues that accompany these challenges. The author of the article is Martin R. Cantor a director at the Long Island Economic and Social Policy Institute at Dowling College. The article focuses on transport, taxation, education, poverty,...

Global Urbanisation and Development

Introduction Technological development has led to major changes in the lifestyle of the world population. This has had a profound impact on economic and social life. This paper seeks to establish the global and regional trends of urbanization, development, and inequality, based on data findings. Analysis According to the findings,...

Land Supply and Real Estate Development in Hong Kong

Hong Kong for some time now has been under the land supply limitation policy adopted by the government. The limitation of land sully has had a great influence on the real estate industry and the economy of Hong Kong as a whole. This paper examines empirically the effect of land...

Microeconomic Theory: Wal-Mart Stores Inc.

Micro Economic Theory The micro economic theory is a function of many micro economical factors that relate to internal affairs of a given company. The micro economic theory is based on the fact that a company’s operations and success is primarily based on the company’s position in terms of its...

Gross Domestic Product Comparisons

Introduction Operations management is defined as the all processes that contribute to the transformation of inputs to become finished goods and services. The operations of firms vary from country to country and it is the scope of this paper to investigate how operations of firms between countries contribute to their...

Licensing, Joint Venturing, Mergers or Acquisitions

Introduction Licensing is the granting of rights to another or individual, for a fee, whereby the firm that has been granted to sell and produce the products or services by the licensing company. Licensing provides a way of expanding the products but with minimal costs on the innovating company, and...

Barriers to International Outsourcing in Sysco

The research paper relates to Sysco Corporation. The firm’s background information has been given with reference to the products that the firm deals in. A set of objectives for research paper are outlined. The core objective of the research paper was to conduct an analysis of the barriers that Sysco...

Importance of Globalization on International Business

Introduction International business may refer to all money making deals that occur amid two or more countries and it be private or governmental sectors. This is normally done with the aim of making profit. The government is however not only interested in the profit making, but also on political bases....

Foreign Direct Investment by Multinational Corporations and Impact on Development

Introduction The presence of multinational corporations in developing countries has been viewed both as an advantage and disadvantage. The resulting resource gap in countries in the global south may be viewed as a need to increase the possibility for more foreign investment. In addition, these corporations are looking for locations...

Globalization Affecting the Role of Leaders in Organizations

Introduction Globalization is influencing leadership because of the way it affects society through its processes. Because the transformations brought about by globalization are not always easy to identify precisely and promptly, they may be hard to take in and even where they are detected, be hard to cope with. Globalization...

Home Loans: The Issues of the Home Loans

Introduction To begin with, it should be stated that the issues of home loans are among the most troublesome matters in the realty trade. Originally, numerous additional issues arise if the fact of a home loan appears. Thus, the paper is aimed to regard several most widely spread troubles and...

Economics – Production and Cost

Introduction Production refers to the process of converting inputs into outputs. It is an economic process that involves use of resources in creating a good or service that is important for trading purposes. Production covers aspects of manufacturing, aspects of packaging, shipping and storing (Frank, 2004). Isoquant in economics is...

China’s Emergence as the ‘World’s Factory’

Abstract No nation in the world can match China’s industrialization over the recent past. China is now considered as the world’s factory, in that the entire world’s manufactured products have a Chinese affiliation in one way or the other. However, China’s industrialization has presented intense problems which have resulted in,...

Apple: Financial Performance and Investment Recommendations

The purpose of this letter is to make investment recommendations about the purchase of stock relying on Apple’s financial performance. The calculated ratios indicate that Apple mostly outperforms the Computer Hardware industry. In particular, Apple’s acid test ratio is two times greater than the industry’s average. However, for the past...

China’s Trade Policy for the Global Economy

Introduction The presented paper aims to analyze the implications of China’s trade policy for the global economy. The significance of the topic is determined by the fact that China has become one of the largest trading powers within several decades and plays a vital role in the world’s economy. The...

Starbucks’s Stores and Canada’s Gross Domestic Product per Capita

Introduction The topic selected for this report is “Investigation of the relationship between the number of Starbucks’s stores per capita and Canada’s ‘GDP per Capita’.” Starbucks Coffee Company (Starbucks) is a leading coffee brand that has the largest chain of stores. It is based in Seattle, Washington and its shares...

Inflation in the UK

Introduction This case study analyzes an article on inflation in the United Kingdom. The reviewed work describes the rise of the statistic shortly before the article’s writing and the potential reasons. It adds that the increased growth rate may be temporary, and the predictions and resulting reactions from the Bank...

Minimum Wage of $15 per Hour: Arguments Against

The minimum wage was introduced many decades ago to secure the rights of workers and ensure that employers would not make people work for extremely low wages. This standard is a common instrument utilized in many countries, including the USA. This tool is one of the measures to address the...

Managerial Economics. Elasticity Characteristics

Introduction Price elasticity is a parameter used in determining the sensitivity of demand towards prices. Price sensitivity in customers can be induced by a myriad of economic factors, ranging from a lack of resources in the target customers to the presence of competition providing similar products. It is one of...

Finding the Supply and Demand Equilibrium

How an equilibrium price is set in the supply and demand market Many factors, among them price, population, and income, affect consumer demand for products and services sold in a market. Demand is satisfied either by local producers or importers. The demand curve is downward-sloping, which means that an inverse...

Chapter 9 of “International Business” by Hill

Chapter summary This chapter talks about what foreign exchange is and explains the meaning of a foreign exchange market, shows how the market works and indicates the forces that determine exchange rates, explains the association between exchange rates and international business and highlights the functions of the foreign market. Foreign...

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...

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...

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...

International Markets and Its Opportunities

There are various reasons as to why organizations internationalize which include: International markets offer more opportunities and a growth potentiality; outside markets have homogenization of preferences for their products; it a way of risk diversification into different regions; lower entry barriers in outside markets; intensified industry competition and rivalry among...

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...

Opportunity Costs of Education and Oil Industry

Opportunity Cost of Getting Education An opportunity cost refers to the cost that is usually the next best option available to a person amongst a set of mutually exclusive choices. This cost which is a fundamental concept of economics describes the basic relationship that exists between scarcity and choice where...

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...

Corruption in Third World Countries

Introduction Corruption is one of the major causes of underdevelopment in developing states. It is viewed as misappropriation of public funds. It involves using public resources to benefit an individual. It is never accidental but intentional. The senior government officials collaborate with their juniors to deprive the public its resources....

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...

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...

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...

The Currency Devaluation Concept in the Food Industry

Introduction Finances and exchange rates play a substantial role in the functioning of the international market while ensuring the circulations of goods and services. The importance of these economic matters cannot be underestimated, as the currency devaluation caused by the fluctuations in the exchange rates could be regarded as a...

Canadian Housing and Construction Statistics

Introduction Growth for housing starts, completions and under construction was negatively affected by the economic downturn in 2008 with only 187,923 units registered. But this has surpassed the 1955 to 2013 historical average, which means that even if there was perceived negative growth the sector was performing well unexpectedly. The...

Elasticity, Own Price and Demand in Hotel Industry

Introduction This paper is based on the topic of elasticity. It explores the topic by looking at the concepts of own price and income elasticity of demand. The paper also evaluates how the understanding of these concepts may help me as the manager of a luxurious family owned hotel in...

Sources of Finance: Models That Can Be Deployed by a Company

Executive Summary The finance market is made up of different institutions that play different roles that are complementary or totally different. Whenever businesses require more money that they do not have, they are entitled to borrow from other institutions without forgetting that they are profit making organization. Different financing options...

UN and the Digital Age

Introduction: The Digital Age and Its Challenges The recent technological breakthrough that has been witnessed over the past few decades has clearly heralded a new epoch. A range of IT innovations, particularly, those that allow for global communication, has become ubiquitous, altering people’s lives on a variety of levels. However,...

Stadiums’ Economic Impact on Local Economies

Introduction Governments and international organizations spend a lot of money to sponsor a wide range of sporting activities, groups, individuals, and teams. This practice has been believed to transform the lives of many people in areas that have frequent sports and related functions. This happens to be the case because...

Import Substitution Industrialization

Introduction Import substitution industrialization (ISI) is a “trade and economic policy based on the premise that a country should reduce its dependence on imports through local production of industrial goods” (Barrett, 2008, p. 96). Countries that pursue the ISI strategy often implement trade protection policies that restrict importation of manufactured...

Global Consumer Culture and Behaviour

Introduction Knowing the different roles that family members play in decision-making concerning purchases is not enough. In addition, it is important to understand why certain family members directly influence decisions of the household, while others do so indirectly. At the same time, being familiar with the latest trends in role...

Economic Factors Contributing to Beaver Depletion in Canada: A Detailed Analysis

The beaver population was significantly affected by the actions of Indians. As a matter of fact, the experts argue regarding the possible reasons that caused depletion. The major purpose of the paper is to discover the economic factors of the beaver depletion in Canada in the eighteenth century. The territory...

The Solution for the Investment Problem

Introduction Before, investing, it is important to evaluate the risk-return profile of an individual security and entire portfolio. Further, when selecting a stock to include in a portfolio, it is important to take into account the concept of diversification. Diversification lowers the overall risk of a portfolio (Brigham & Michael...

Importance of Standard Costing System in the Modern World

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...

Examining Affordable Housing Initiatives and Their Impact on the Charlotte Community

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...

Canadian Government’s Spending on Social Housing

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...

Globalization and Its Benefits for the United States

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...

Starbucks Company’ Financial Analysis

Introduction Financial ratios are used to predict the liquidity, solvency profitability, as well as the performance of a given company within a specified period. Thus, investors and other shareholders need to understand accurately the meaning of each ratio before making any investment related decision (Lewellen, 2004). This paper provides an...

Oil Prices Impacts on Consumer Behavior in Turkey

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...

The Youthful Population of Saudi Arabia

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...

Military Bases on Okinawa: Impact on Economy

The Japan-US relations have been a complex issue for a long period of time. The problems based on the idea of the American military bases on the territory of Japan, Okinawa in particular, caused a number of discussions as it had a certain impact on the country’s economic and political...

The Importance of the Forward Foreign Exchange Market in Trade

Introduction The forward foreign exchange market is a crucial component of the global financial system because it enables individuals, businesses, and governments to mitigate the risks associated with currency exchange rate fluctuations. This market allows parties to purchase and sell currencies at a predetermined price for future delivery, providing a...

The 1929 Stock Market Crash and Its Lasting Impact on the Global Economy

Introduction The Market Crash of 1929 is classified as one of the climatic events that marked the end of one age and the beginning of another. This is because the U.S. economy, which was booming, was forced to a sudden reversal leading to the massive crash. The Stock Market Crash,...

Understanding the Differences Between Public and Private Budgeting

Comparison of Federal and Family Budget Politicians and other commentators frequently make an uninformed comparison between the federal budget and a family’s or individual’s budget to make their points more understandable. The budget is a structure or document that is used in both situations to plan what to spend, but...

The Life-Cycle Permanent Income Model: Understanding Consumption and Saving

Introduction Life-Cycle Permanent Income Model, sometimes called Life-Cycle Hypothesis (LCH), is an economic theory that predicts human consumption and saving, considering future income possibilities. Milton Friedman framed LCH in the 1950s, and his idea that he wanted to prove is that humans plan their spending throughout their lives, considering future...

The Role of Base Interest Rates in Shaping Corporate and Individual Financial Decisions

The Role and Impact of Base Interest Rates (LIBOR and SONIA) on Corporates and Individuals Central banks such as the Federal Reserve mainly use a base rate interest to control borrowing rates and encourage or discourage spending. Base rate interests are defined as interest rates that a central Bank charges...

UK Housing Market Challenges Amidst Soaring Inflation Rates

Abstract The rising inflation affects the UK housing market and has caused significant fluctuations. Research findings report that the current inflation rate is 9%, an increase of more than 1.5% from the previous year’s recorded rates. However, the trend in the increasing rate of inflation has been experienced for the...

The Federal Reserve’s Tools and Their Impact During the Great Recession

Introduction The U.S. central banking system, known as the Fed, is responsible for monetary policy and regulation. The Federal Reserve Act was enacted in 1913 to establish the Federal Reserve, which functions as the central Bank of the United States. The Federal Reserve has several responsibilities, including maintaining a stable...

Impact of Intra-Industry Trade Index on UK Trade Policy

Introduction Hello and welcome. I am your host and today we will be talking about UK trade policy implications from calculating the intra-industry trade (IIT) index. This is an important matter, so ensure you listen in all through. Trading between different stock market indices or IIT is common. Most investors...

Oil Price Dynamics: Economic, Political, and Geostrategic Impacts

Introduction Of great importance is a correct understanding of the cause-and-effect relationships that determine the dynamics of the price of oil, which directly affects the prices of other types of products, both exported and consumed domestically. The dynamics of the price are characterized by periods of sharp ups and downs,...

Exchange Rate Determinants and Long-Term Economic Factors Affecting 4D Travel

Introduction As a travel agency, 4D Travel (Dalal’s Deliciously Delirious Departures) plays a crucial role in the tourism industry by providing tailored travel packages to meet clients’ diverse needs and preferences. These packages streamline the travel planning process and offer significant cost savings by bundling essential components such as transportation...

The Role and Impact of Incoterms in International Trade

Introduction It can be challenging for entities in an international trade transaction to agree on the delivery conditions, the party responsible for the goods while in transit, and the mitigation of unforeseen risks. Thus, adopting Incoterms, which refer to clusters of standardized regulations in international sales contracts, can be helpful...

The Impact of the Great Depression on US Economy and the New Deal’s Legacy

Introduction It is no secret that the Great Depression (1929-1933) was the most significant and prolonged U.S. economic recession, which developed into a global financial crisis. It was synchronous and comprehensive, affecting virtually all spheres of society, and it got its name from the emotional state in which people were....

Hedging Strategies for Exchange Rate Risk Exposure

Introduction Exchange rate risk refers to the potential financial loss that a firm may experience due to fluctuations in exchange rates. Firms with international operations or cross-border transactions are exposed to exchange rate risk, which can negatively impact their profits. In order to mitigate this risk, firms use various hedging...

Financial Analysis of Intsika Yethu Municipality’s 2022-23 Budget and Capital Program

Analysis of Expenditures Given the numbers provided in the 2022/23 medium-term and expenditure framework, the municipality will adhere to its allocated budget during the MTREF. Even if the budget is financed, there is evidence that this municipality is not producing sufficient money to support its operational expenditures, not to mention...

Global Impact and Trends in U.S. National Debt and Foreign Investments

Understanding the U.S. National Debt The United States national debt is the federal government’s debt to creditors. The funds are borrowed to meet the budget deficit and cover all costs, including health care, infrastructure, and defense. This is also advantageous to creditors because it is not typical borrowing as in...

The Global Impacts of Corruption

Corruption, which is the abuse of power for personal gain, has long been a global issue that affects both developed and developing countries. It is a problem that undermines the rule of law, hinders economic growth, and erodes public trust in institutions. The negative impact of corruption on a global...

Preferred Stock vs. Common Stock for Investors

Securities play an essential role in the structure of the market economy, as they are an analog of money in the form of a document. Possession of them gives the right to receive a certain amount of funds or certifies property ownership. One type of security is stocks, which provide...

Risks Associated with the Increase or Decrease in Yield Rates

Bond yield risk is the possibility of investment losses brought on by an increase in the going rates for brand-new debt instruments. For example, if interest rates increase, the secondary market value of a fixed-income investment or a bond will decrease. The price and yield have an inverse relationship, and...

Globalized Economy: China’s Role

In reading Sun Yuan’s The following factory of the world: How Chinese investment is reshaping Africa, one can arrive at ideas about why capitalism continues to work and how society contributes to it. The author draws attention to the problems of the clash between the inner core of Africa and...

Mortgage Lending Violations in 2022

Introduction The Consumer Financial Protection Bureau (CFPB) publishes a report every six months on violations of the law that were identified during inspections. The Bureau vetted companies and suppliers for compliance with the Fair Credit Reporting Act (FCRA). The CFPB found multiple violations, especially inaccurate information in credit reporting and...

Government Spending and Taxation

The US government incurs significant expenditures in each fiscal year to ensure the well-being of its citizens. Over the past decades, the country has been spending mainly in areas such as social security, defense, transportation, income security, and payrolls. The system of governance is divided into three key categories; federal,...

Post-Fordist Immaterial Labour in the Information Economy

The shift toward Post-Fordist immaterial labour in the information economy was originally hailed as bringing more flexibility for workers and freeing them from tight control by bosses. At the same time, this shift has resulted in the rise of precarious gig work and the primacy of unstable short-term contracts. Using...

Mexican Peso Crisis: Restructuring and Forgiveness

Introduction By the middle of the 1990s, Mexico seemed to be a prime example of economic liberalization. The country managed to attract a significant inflow of foreign investments. However, the success was short-lived since the political instability led to a drastic deterioration of the investment climate. The situation worsened because...

Geopolitical Environment in the Asian Region and Car Sector

As the second and third biggest economies in the world, respectively, China and Japan are the two most powerful nations in Asia and substantially impact political and economic cooperation within the area. However, at best, ties between these two nations are cordial. Due to the disagreement over the Diaoyu or...

Insider Trading: The Key Aspects

Insider trading is trading in shares or other securities by people that have access to confidential information. However, alongside illegal forms of insider trading, there are legal ones. The insiders are not only directors or people from management, but any person “with a stake of ten percent or more in...

The Impact of the COVID-19 Pandemic on the US Economy

Introduction The COVID-19 pandemic led to an unprecedented contraction in the economy of the United States. The impact of the pandemic cuts across all departments within the federal government. Hiccups in supply chain management led to inflation due to the high demand for goods and dependability on imports. The lack...

Bangladesh: Investment Climate of the Developing Country

Introduction Bangladesh is constantly developing and is one of the most populous countries in the world. Because of its large population, a large number of the young and hardworking labor force. The country’s location attracts a lot of investment – Bangladesh is on the trade route between South and East...

Biden Administration’s Student Loan Forgiveness Plan

In recent years, the rising cost of college tuition and the increasing burden of student loan debt have created a college affordability crisis in the United States. To address this issue, President Biden’s administration has proposed a student loan forgiveness plan to relieve millions of Americans struggling with student loan...

Factors that Influence Demands

To begin with, demand is the customers requirements and desires, which might be changed because of external factors. When saying “demand,” economists mean the desires of customers to buy some products or services during some period of time, and these wishes can change due to different aspects and situations on...

Financial Analysis of Post-NFL Bankruptcy

Introduction Dermontti Dawson was a former Pittsburgh Steeler who appeared in the NFL from 1988 to 2000. Despite a successful career, he experienced significant financial issues and declared bankruptcy in 2010, having around $70 million in debt (Andrew, 2022). Overinvestment in real estate, according to his instance, is a primary...

Options to Combat High UK Inflation Rate

Introduction Inflation is a significant point of concern for all experts in the economy, as well as for ordinary citizens. The rise in consumer prices, which is not comparable to the values of the next few years, has a significant impact on consumer behavior and business. In order for society...

The Minimum Wage: Positive and Harmful Effects

The minimum wage is one of the many political-economic systems measures that work to redress the economic imbalance. It is the minor salary that an employer must provide to their workers at any given time. Many have strong feelings regarding the minimum wage principle, which is a contentious subject. It...

Are Minimum Wages Harmful or Helpful to Economic Growth

The minimum wage is an economic policy in which the state controls the minimum income of the citizens. It is distributed all over the world and is embedded in any economic model as an essential element. This model has both economic benefits and disadvantages that affect the outcome of any...

What Are the Three Most Important Changes in the American Economy?

Over the last 50 years, the American economy has experienced several key changes that have impacted various economic indicators. This essay analyzes the effects of the changes on the American economy, focusing on supply and demand, production, unemployment, entrepreneurship, and other economic indicators. By examining the interconnectedness of different components...

Tax Return Form 1120: Internal Revenue Service

Tax return Form 1120 shows the company’s profit, deductions, taxes, credits, and payments. Deductions allow you to reduce the company’s taxes by calculating them from taxable income. Some of them the company can make in the expense column in the income statement. In addition, certain categories of deductions allow you...

Strategic Management in the Evolving Landscape of Cashless Payments

Problems/Issues The field of cashless payments continues its expansive growth and development as the demand for innovative payment methods grows in need to optimize and speed up payments. Traditional players in the market of non-cash payment systems still retain their weight and leading positions. However, due to the rapid development...

The Use of the Circular Economy Approaches

Introduction One of the basic laws of nature is the cyclicity of life. As the need to improve business sustainability increases, many companies adapt this cyclicity to their processes and conditions. Thus, by using the circular economy approach, firms are able not only to reduce their negative impact on the...

The Importance of Strict Budgeting

A strict budget is essential for a company to follow, even when experiencing phenomenal profits, for several reasons (Boyd & Pitre, 2020): Sustainability: Following a budget ensures that the company has a plan for allocating resources, and it helps to avoid overspending during a period of high profits. This helps...

Gross Domestic Product: Measure of Economic Health

In today’s modern world, economic health is a crucial indicator of the overall well-being of a nation. Gross domestic product (GDP) is the most commonly used measure of economic health and is used to assess a country’s economic performance (Amacher & Pate, 2019). This essay will examine the importance of...

Comparison of Settlements of Virginia and Massachusetts

Introduction The purpose of the original settlements of Virginia and Massachusetts was very different. Virginia was founded as a commercial venture by the London Company in 1607 (Chet, 2019). Its primary purpose was to make a profit, as the settlers were expected to find gold and other resources to bring...

Expected Returns on Investment

Estimating expected returns is crucial for the investors, as it helps to make informed decisions. Expected returns help to anticipate the profit or loss from an investment in a situation of uncertainty (Magni, 2020). Investors can estimate returns from either one investment or a portfolio investment based on historical performance...

Unveiling the Benefits and Drawbacks of Free-Market Capitalism

Introduction Free-market capitalism is an economic system in which goods and services are produced and exchanged based on the laws of supply and demand, with little to no government intervention. It is a system widely adopted in the Western world, making it a widespread and often controversial topic. As such,...

Financial Performance of the US and the State of Georgia

The US Bureau of Economic Analysis (BEA), a division of the US Department of Commerce, is in charge of generating economic statistics, such as data on the GDP, personal income, and global trade. By disseminating timely, pertinent, and reliable economic statistics, the BEA aims to advance understanding of the US...

Irrational Exuberance Chapter in Civil Society by Edwards

There is no doubt that capitalism has proven to be the most efficient model for economic relationships so far. However, with the consistent focus on expansion and profit increase, which companies are expected to pursue in the capitalist environment, the opportunity to support vulnerable and marginalized communities is reduced substantially...

Mexico’s Economic Integration Issues

Introduction Mexico, a member of several economic integrations and regional trading agreements, has been actively participating in initiatives aimed at deepening its economic integration with other countries and increasing trade. While Mexico’s membership in various agreements has helped to boost its economy, it has also faced challenges such as increased...

‘Made in China 2025’ Plan and Economic Nationalism

‘Made in China 2025’ consists of a ten-year-long plan that aims to improve the manufacturing foundation of China, which is primarily led by the government. The plan focuses on the high-tech industry and more specific assets such as improved information technology, energy vehicles, robotics, telecommunications, and AI (McBride & Chatzky,...

Marxist Political Economy as an Independent Branch

Introduction The Marxist political economy, as developed by Karl Marx, is a distinct and independent philosophical branch of governmental policy that significantly diverges from traditional financial systems. Notably, traditional economics tends to concentrate on the resource allocation and study of markets, assuming that people act in their self-interest to optimize...

Free Market vs. Regulation of Hospitals’ Entry

The idea of a free market, defined by rivalry, price cues, and a lack of governmental involvement, is a popular concept. However, there is debate regarding the claim that entry into the market is too easy for hospitals in free markets and that entry restrictions by regulators can promote societal...

War in Ukraine: The New York Times about Contemporary Ukraine

Ukraine was the vital pillar of the Union of Soviet Socialist Republics and the main enemy of United States. The country became the second-most extensive and influential among the fifteen Soviet countries after Russia. Ukraine acted as the headquarters of the Russian navy fleet in the black Sea and a...

Mitigating Foreign Exchange Risks

Introduction: Foreign Exchange Calculations No matter what the underlying spot prices are on April 1st, the corporation has agreed to sell its 4,000 units on January 1st for $1.25 million. This is dangerously near the point where the business stops losing money. The mathematics computation is shown below; The corporation...

The SEC’s Role in Protecting Investors and Navigating Market Volatility

The United States government agency in charge of the country’s securities business is the Securities and Exchange Commission (SEC). It keeps an eye on both transactions and the acts of financial experts. Its goals are to uphold fairness, integrity, and transparency; stop fraud and other dishonest behavior; and guarantee efficient...

The Impact of Government Spending on GDP Growth, Unemployment, and Inflation

Introduction Real GDP Refers to every financial activity done by the government, including consumption, investment, and transfer payment. Each form of public spending is dependent on the availability of government revenue. Most governments use different approaches, such as taxation, to generate revenues (Moore & Prichard, 2020). While some obtain it...

Differences between Accruals and Payables

Today, all organizations are responsible for creating specific financial statements representing all financial activities and performances that might affect their businesses. Different types of expenses are necessary for investors to identify the main features and changes in the company’s financial health and potential earnings. Accruals and payables are common accounting...

The Federal and Georgia Budgets Differences

Introduction The federal and Georgia budgets are both financial blueprints that detail how their governments will spend the funds. The President and Congress developed the federal budget, which is the budgetary blueprint for the United States government. Individual income taxes account for 51% of the federal budget, estimated to reach...

The Budget Expenditure Distribution in Exampleton City

In general, a city’s budget may be defined as a plan of income and expenditures with an expected allocation of available resources among services, departments, and programs. As a small yet developing city, Exampleton requires an efficient distribution of existing revenues to contribute to its growth. The city’s budget is...

State of Romania’s Economy Aspects

Romania’s GDP per capita has grown over the past ten years but remains much lower than the EU average compared to that of the European Union leader, Germany. So far, Romania ranks, respectively, penultimate in the EU in terms of actual per capita individual consumption, which in 2018 was 59...

Aspects of the Home Warranties

Introduction The maintenance, repair, and replacement of household devices that may break down over time are covered by a home warranty, a contract between a homeowner and a private business. An assurance can lessen the stress and unforeseen costs that frequently accompany home purchases. The repair or replacement of kitchen...

The Importance of the Home Warranty

Introduction Purchasing a considerably old home cannot always be regarded as a safe deal as information related to the items, their age, or useful life cannot be readily available. In addition, in the case of breakage, the search for a qualified service provider or handyman may be cost-efficient and time-consuming....

Affective and Cognitive Factors That Hinder Banking Relationships

Introduction The modern banking system presents a set of difficulties for an average consumer that can harm their best interests and lead to a loss of finances or inadequate handling. For various reasons, financial operations require a certain level of cognitive and psychological abilities that many potential bank clients lack....