2401 samples of this type
Global trade is a rather beneficial aspect for the economy. It provides people with extra job opportunities, exposes people to previously unknown brands, diversifies the kinds of goods being sold. However, it can be negatively affected by various crises, such as earthquakes, hurricanes, tsunamis and the COVID-19 pandemic. The following...
Introduction Globalization in the modern world economy is essential in shaping the economic development of many countries. Economic ties between countries are becoming closer because of the realization of significant mutual benefits. Trade is a major component of countries’ economic relations. The African continent is no exception and is committed...
Introduction Maintaining digital security in the field of virtual economic transactions between citizens is a vital step in ensuring the safety of people’s financial resources and the security of their identities. In the case study under analysis, several breaches of digital security standards can be identified. Specifically, the country’s residents...
Introduction Consumer behavior theories are models that aim to explain and predict how consumers make decisions and take action. They are based on psychological, sociological, and economic principles and can help businesses understand the factors that affect consumer behavior. The models applicable to marketing strategies regarding men’s skincare products include...
Introduction This paper argues in line with Smith that high taxes coupled with increased government services and falling within the four taxation criteria that Adam Smith raised is more than just the best approach. It also gives citizens the power to demand service delivery from the government, leading to a...
Summary Corporations should use financial securities as their products because they are widely available and easy to find. It would make it possible for the company to profit from investments and raise money as needed. In any event, if a business has a real site that clients can visit, it...
Perfect competition matters because it creates numerous producers of identical goods and services, so no single producer may affect the market price. Prices are governed by supply and demand dynamics and are identical for all producers. This form of competition generates an efficient market since each producer is motivated to...
As a target article to analyze, the study “The Role of Natural and Human Resources on Economic Growth and Regional Development: With Discussion of Open Innovation Dynamics” by Saleh et al. (2020) is chosen. The article’s main topic concerns the assessment of the role of various resources, including natural and...
Introduction Fiscal management is just as crucial to the region’s prosperity as the resources and people living there. According to Simon et al. (2018), one can judge the quality of a local public administration by the nearest infrastructure. This paper explores the fundamentals of regional economies, namely how states and...
The most appropriate department is the Department of Foreign Affairs and International Trade (DFAIT); in this case, one would be dealing specifically with the Minister. While the government may have the mandate to increase or decrease the number of free trade agreements, it is highly unlikely that there is an...
Major oil and gas businesses have made unheard-of revenues in the billions of dollars. Fuel prices are sky-high for households all around the world, and authorities are having a hard time dealing with excessive spending and declining economic growth (Baunsgaard & Vernon, 2022). Instead of any clever strategy by the...
Public firms are required to provide an annual report to shareholders that details their business activities and financial standing. The report’s front section frequently includes an amazing collection of illustrations, images, and a narrative that describes the company’s operations over the previous year and occasionally includes projections for the future...
Introduction “Rich Dad, Poor Dad” was written by Robert Kiyosaki and aims to teach people the tools of financial literacy. The narration is based on the experience of the author, who watched the lives of two fathers who had different views on money. Much of the book focuses on various...
On October 24, 1929, Black Thursday, a series of bankruptcies on the stock exchange ended the general fun and lightness that reigned in the United States in those years. On Black Monday, October 28, the Dow Jones Industrial Average fell nearly 13%. The next day, Black Tuesday, the market fell...
Introduction Despite having the largest economy in the world, the United States has the highest rates of poverty compared to other wealthy nations. The government uses a specific measure of poverty based on a minimum yearly income to categorize people as poor or not to decide who is eligible for...
Introduction Fiat money as a medium of exchange has existed for many years. In this regard, what began as bartering, the oldest means of trade, led to the development of hundreds of currencies and, consequently, to alternative currencies used by online communities today. Thus, conventional currencies have evolved throughout history...
Introduction The COVID-19 epidemic has irrevocably altered the global economy and human life. There was undeniable evidence that limiting people’s freedom of movement affected business and home operations and, by extension, altered consumer behavior and spending patterns. According to Pollak et al., consumer behavior studies how people decide which items...
Tense and conflictual relations between countries can have an impact on all parties involved. Thus, a precise analysis of the situation, the reasons for the involvement of countries in a potential military conflict, and the possible consequences are necessary. The central topic of the paper is the effect that a...
One of the crucial components in the field of investing is the topic of wealth creation. This topic entails many steps in organizing the fundamental features of a portfolio. The wealth management process provides a straightforward way and approach to managing and building wealth, which will finally help the investor...
Introduction The history of banking began around 2000 BCE in Assyria, Sumeria, and India when wealthy families kept gold and silver coins in their homes. However, in the U.S., the banking system was started in 1782, where the first real bank was chartered in the then young republic. Hiding of...
The article by David Phillips introduces the dangers of the employee training investments based on the survey of various businesses. The research surveyed 600 Learning & Development (L&D) and HR professionals from large UK organisations with a global footprint (Phillips, 2022). Despite best intentions of the companies, nearly all employers...
Introduction The US economy can continue functioning without freight trains, but not for very long. Economists and businesses are concerned about the possibility of the first nationwide railroad strike in thirty years. A lengthy walkout lasting a week or longer will seriously harm the country’s still weak supply chain, resulting...
Chile is regarded as a model in Latin America for its financial and political transparency. The country has been perceived to be among the fastest-growing economies for the past decade, making it substantially reduce poverty (“GDP growth (annual %) – Chile,” n.d.). The World Bank estimates that the influence of...
Introduction The issue of homeownership inequity, such as the historic redlining practice, is one of the most challenging aspects when buying a home. Housing discrimination limits certain homebuyers’ capacity to build equity. Housing discrimination is the unlawful act of discriminating or acting in a biased manner toward those who purchase...
The economic system is one of the driving systems for the development of the country. Thus, the government must constantly take various decisions and measures that will contribute to the improvement of this area. One of the most critical initiatives for the economy of the United States of America was...
Governments and organizations use economic systems to organize the production, distribution, and consumption of goods and services across geographical boundaries. A better understanding of the economic processes helps understand how business adapts to external and internal influences. Pichler and Farmer (2022) analyze the effects of numerous factors that impact economic...
Choosing a floating or fixed interest rate is an important decision. Depending on external facts, one can either make money or incur significant losses. There are certain rules and indicators in which it is necessary to choose a floating and a fixed rate. Moreover, there is a theory of market...
There is a mutual relationship between business and government where the government regulates the environment in which business operates, and the businesses decide which government will be in place to influence their operations. Businesses look to the government to regulate or deregulate how they operate. This paper focuses on a...
Introduction Financial accounting makes a crucial element in companies across the world. Accounting bodies, non-governmental organizations (NGOs), governments, international companies, regulators, and professional institutes rely on several guidelines in accounting. Regulations vary between countries and regions based on the established factors considered important in each jurisdiction. These differences are the...
The successful collaboration of public and private entities within a national economy is a valuable prospect that many governments seek to pursue. However, in some cases, it is not possible to achieve fairness in market coverage, budget allocation, and other factors directly affecting capacity development. State interventions manifested in strict...
The activity of public organizations is a complex process with its characteristics and factors of influence. This process involves many organizations, stakeholders, competitors, and collaborators. All this works as one integral mechanism to influence the political actions of any politician or party. Such influence can be exercised in many ways,...
Introduction Under the fee-for-service (FFS) payment model, medical professionals receive compensation for the care they provide to their patients based on their time and effort. Since payment focus on the number of services rather than the quality of those services, this creates an incentive for more substandard treatments to be...
One of the most effective methods for advancing and improving financial knowledge is the use of legislation and public policy initiatives. Individual Development Accounts, for example, are a legislative program started in the mid-1990s to assist low-income earners in building assets (Auclert, 2019). In conjunction with this policy, the Savings...
Introduction Since the 19th century, humanity has constantly been arguing about the morality of market societies versus non-market ones and whether the market is a driver of societal corruption. This discourse began with Karl Marx, who stated that “the market transforms man into “an abstract being, an automaton, and […]...
Introduction The functioning of the economy as a whole is a focus of fiscal and monetary policy. Macroeconomic policy is to create a climate that is secure and supportive of a resilient and sustainable increase in the economy, which is essential for generating wealth, employment, and better living standards (Alam,...
Current Problem The French are currently dealing with a significant obstacle in the form of a high unemployment rate. According to the latest available data, the unemployment rate in France came in at 8.06% during the fourth quarter of 2020 (Macrotrends, 2022). This places it in fourth place among the...
The vast majority of cargo in Europe is transported by land. Roads are used to move about 70% of all goods transported on land (Wiegmans ET AL., 2018). Over the past few years, there has been an increase in the variety and volume of goods shipped to and from Europe,...
Introduction Beyond Numbers is a new Bureau of Labor Statistics publication that explores how inflation affects the economy. The publication “Exploring price increase in 2021 and previous periods of inflation” studies price increases by 2021, including information on the previous periods of inflation (Bennion et al., 2022). In addition, it...
Background The outbreak of the COVID-19 pandemic was a rare and unprecedented occurrence, and governments around the world scrambled to implement emergency measures, such as social isolation measures, public awareness programs, testing and quarantine policies, and income support packages. The governments of the world hurried to implement emergency measures, including...
Introduction According to US tax law, a like-kind exchange, sometimes called a 1031 exchange, is a single transaction or a set of transactions that permit the sale of one asset and the purchase of a different replacement asset without creating a current tax obligation on the sale of the original...
Introduction Virgin Group is a well-known venture company that makes investments in start-ups that might change the world. In 2022 the firm has made yet another contribution that has been financially rewarding. In the summer of 2022, Virgin Group made an announcement that the company made an investment in Lightyear,...
Summary The sample product survey suggests that consumers’ values, beliefs, and senses should be considered the primary factors in buying behavior. According to the survey results, 44.44% of consumers make sure that the product is aligned with their personal values and beliefs. Furthermore, 50% of respondents considered the personal happiness...
What is a HELOC Home Equity Line of Credit is a type of credit that is secured by a home and one is able to use it for anything. The way HELOC work is similar to the way the credit card is being used, it allows one to continually to...
Introduction According to Antonios, the article “Decline of Inner Suburbs” was written in a clear, easy-to-understand manner. The piece by Lucy & Phillips (2000) states that the household income in some suburban and metropolitan areas declined. Among the reasons is little to no reinvestment in structures which shortens the lives...
The research aims to define the key problems that appear during the supply process and how they affect the economic situation in many countries worldwide. The study will also show the recovery process and possible solutions to the existing issues in the sphere like planning and risk prediction based on...
Authoritarianism and populism are returning to the world, raising questions about how economically successful such regimes can be. As practice shows, economic growth is less stable under authoritarian regimes than in democratic countries. Economic growth gradually leads to forming an urban class and protests against authoritarian rule. Authoritarianism as a...
Introduction In 2008, the world began the financial and economic crisis, which manifested in the form of a substantial decline in the leading economic indicators in most countries with developed economies, which subsequently escalated into a global economic recession. The emergence of the crisis is associated with several factors: the...
Choosing the optimal discount rate is a task that requires taking into account information regarding both the company’s properties and external data. An employer should consider several factors relating to the business when setting the discount rate. In this case, the company’s financial stability is determined by characteristics that include...
Currently, there are 195 countries in the world, each with its unique set of knowledge collected throughout the millennia. Nevertheless, the imperial conquest from 1492 to 1800 led to the discovery of new continents and nations and their cultures and traditions accumulated by the colonizers (Friedman). The wave of globalization...
Introduction Urban economics generally examines the problems caused by urbanization and located in urbanized areas. These problems may include crime, housing, education, public transit, and other issues. In recent years, urban economists have been specifically concerned about how these issues originate and connect to increasing levels of poverty. Discussion Moreover,...
Introduction Private ownership rights are typically upheld and protected in Chile, and people are free to invest in the nation. Expropriation is unusual because protected rights in capital assets are frequently recognized and executed. The judiciary is free from political intervention and has a good track record of upholding individual...
GDP is commonly known as the gross domestic product, and many political leaders are paying attention to this factor to estimate future changes in their country and avoid possible financial risks. Politicians are using the changes in GDP data during the development of different economic instabilities like inflations and recessions....
Investors usually frame investment market anomalies as some unusual patterns in the market that may increase returns on investments. In a formal sense, anomalies are events that do not fit into an efficient market hypothesis, which says that investors cannot outperform a pure buy-and-hold strategy because the assets’ price reflects...
Article Summary The article’s main focus is on the fundamental of the central bank currency in the monetary system. Armelius et al (2020) argues that individuals cannot be issued with the mandate of converting their commercial money into central bank money. The significant question is viewed from two perspectives because...
Introduction Globalization embraces every country, gradually expanding its social, economic, and trade opportunities. It is an essential part of the evolution of countries and the emergence from colonialism, but it can affect the national core and culture. Certain phenomena are emerging in the higher education segment and the business environment...
The Cash Reserve Ratio (CRR), which entails the set percentage of cash required to be kept in reserves as against the bank’s total deposits, has over the past increased in Nigeria, lowering commercial bank earnings and thereby harming the country’s economy. Therefore, if commercial banks in the country want to...
Introduction Regional economic communities in Africa refer to a group of countries that have come together to spearhead economic development and political stability through the integration of trade, production, macroeconomics, and infrastructure. Moreover, these communities allow the free movement of individuals between their borders as long as they are members...
Descriptive Overview of the Article The author studies the release of new statistics on student debt and repayment in October 2017 by the U.S. Department of Education. This research takes a more significant look at student dues and evasion. Considering all university students relatively than only borrowers offers far more...
A company’s capital investment is the money it spends on fixed assets like land, machinery, and buildings. Cash, assets, or loans may be used to fund the project. Businesses may struggle to start the ground without capital investment. I plan to invest in my sister’s small business which is an...
Introduction The free housing myth has been an ongoing lie in Canada since immemorial. The fact that the falsehood has polarized Canada has become a major concern. Therefore, I thought of this chapter because there has been a popular belief that the Aboriginal group in Canada has been receiving free...
Executive Summary Globalization is a term used to describe the increasing interdependence and integration of national economies. Local economies could suffer if globalization has the opposite effect of helping developing countries. This paper investigates the impact of globalization on China’s aviation industry. The report covers a wide range of topics,...
Introduction National Security is closely connected to the economic processes within the country. Integration in the global economic dynamics stabilizes a country’s financial balance and affects the general success of international trade. Therefore, economic development contributes to the maintenance of National Security through establishing international relations and commercial success. A...
Executive Summary The future of Morocco’s energy supply and demand faces substantial hurdles. In particular, the country is perceiving a growth in energy consumption, which will increase the country’s dependence on fossil fuel imports and emissions of carbon dioxide. As a result of the challenges it encounters, Morocco has set...
Donald Trump added to the controversy of his term in the U.S. President’s office by starting a full-scale trade war against China. Trump ended Obama’s strategy of putting pressure on China via high-level bilateral negotiations and indirect measures, such as the Trans-Pacific Partnership (TPP) project (Bown, 2021). Instead, the Trump...
Shifting demographic is always an important component of market research. Yet, the contemporary changes in the consumer base are especially noteworthy. The report by PricewaterhouseCoopers (2015) has explored the substitution of baby boomers with younger generations as primary consumers and has outlined its implications for the retailing industry. Although the...
The first topic that is thought-provoking is the relationship between quality and price. As Lichtenstein and Burton (1989) note, the over-reliance on price as an indicator of quality is a common mistake among consumers. Even though this observation was made forty years ago, it is still relevant today. Almost any...
Introduction Megaprojects can advance regional growth in Atlantic Canada and beyond. However, this is likely to be impacted by the boom-to-bust cycles. Although they need a large labor force for the initial phase, they only really need a small number of workers for the operation phase. Additionally, once the project...
Introduction Investing resources can bring significant benefits to individuals and their companies. Investment issues are widely discussed in businesses of various levels, attracting many entrepreneurs and employees. I watched a video about investors’ strategies and actions to choose stocks to buy created by Richard Coffin (n.d.). Even though buying and...
The most regulated industry in the United States has always been agriculture. During the twentieth century, the state regulation of agriculture and agribusiness in the United States was distinguished by two characteristic features (Cheng et al., 2021). First of all, the state by its intervention does not suppress the activity...
Introduction This academic work will consider such a phenomenon in international trade as dumping. Moreover, it will focus on the role of the WTO in managing international trade disputes, particularly examining issues related to dumping and anti-dumping legislation. Thus, the phenomenon under study is a process in which a country...
Stocks and bonds are the sources of dividends in the long term when income is generated by paying interest or returning invested funds when owning the relevant securities. In their financial statements, companies reflect stock and bond performance when comparing the results for a particular period with those of an...
Introduction Africa is a rich continent with diverse flora and fauna but is highly susceptible to climate change and, in turn, economic changes against this background. The agricultural sector mainly funds African states, not the industry and the information sphere. Accordingly, the state reacts very painfully to climate change when...
Introduction In order to allocate resources as fair as possible, the market economy is based on a set of dogmas that govern the distribution process. A healthy situation on the market can lead to greater accessibility of products and services and reflects positively on a nation’s global position. Under perfect...
Introduction Consumer behavior is dictated by American identity, while at the same time being an identity-shaping force. Peterson’s article analyzes the change in behavior during the pandemic, demonstrating that the consumption paradigm is shaping American identity. The dictated civic responsibility was a force that provoked overconsumption, since it was believed...
Fiscal policy uses government expenditure and taxation to control the economy during macroeconomic conditions. The government uses the policy to create strong and sustainable growth and reduce poverty (Bossone, 2021). During recessions, governments might consider lowering tax rates or increasing their level of expenditure to spur economic activity and encourage...
Real growth and inflation are associated with the Gross Domestic Product (GDP). GDP is the total market worth of a nation’s products and services during a specific period (Feldstein, 2017). When Comparing periods of GDP growth, real growth takes inflation or deflation into account, while the inflationary growth rate uses...
Introduction In the present day, property and liability insurance may be regarded as a common practice for the protection of people’s belongings and health. It allows individuals to mitigate the risks of property loss in the case of perils, such as fire, theft, or accident. In addition, it allows to...
Introduction The global coronavirus pandemic greatly affected the market equilibrium in several markets for personal care, medical, and consumer products (Anonymous “Supply, Demand, and Shortages,” 2022). The increased demand for a range of products led to increased product costs. This research paper explains – how increased demand for these products...
Introduction Macroeconomic conditions on the domestic or international levels may have contributed to the start of an economic crisis. The official reports and lack of inflation that characterized the recent unrest in Brazil necessitated a tight monetary policy, which led to one of the deepest and longest recessions in Brazilian...
The most popular method of forecasting exchange rates is called the theory of purchasing power parity (PPP). The PPP principle is based on the theoretical “law of one price”, according to which identical goods in different countries should have the same price (Jabbie & Jackson, 2020). For example, according to...
Introduction The presentation highlighted the structure and functions of the World Bank and the United Nations in the global arena. The discussion centered on the reasons behind the formation of the two organizations and their sources of funding. A comprehensive assessment of their specific roles concerning the alleviation of poverty,...
There are many different bond kinds, and each has benefits and drawbacks for the parties involved. Municipal and corporate bonds will be reviewed in this session. They demonstrate different levels of risk and are accompanied by several considerations before investment. However, it could be argued that municipal bonds are effective...
Three Notes Encampment projects are usually helpful for few people or families. Homelessness eradication is almost impossible without efforts to combat unemployment. Temporary housing is an expensive venture. Article Essentials Taplin Jen published an article on 15th June 2022 in Chronicle-Herald about the intention of Halifax to allow encampment in...
Introduction The current U.S. Constitution is one of the oldest in the world. It reflects the fundamental ideas of federalism, separation of powers, the system of checks and balances, and judicial constitutional control, which formed the basis of the state system and the legal and economic systems of the USA....
Treaties, tariffs, taxations, and trade barriers limit free international trade. The impact of these limitations on global business is vast. Moreover, the government’s role is considerable, as seen from the example of Boeing and Airbus. Trade barriers are crucial for the financial prosperity of countries, as they encourage international trade....
Summary In a three-stage expansion process, Netflix could make strategic decisions and establish effective policies in those markets. Before moving forward, they carefully selected a few calls to employ as a test and then studied those markets. One of the best strategies the business can employ to expand is to...
Summary of the Article The article focused on the study of the modern achievements of regional integration and different aspects of foreign direct investments in South Asia. In the article, Aggarwal (2008) tries to explain the problems influencing the consolidation of international business in the region. Some of the barriers...
Fair Chocolate Trade More than half of the global cocoa supply comes from the Ivory Coast. Moreover, it is estimated that 500,000 children exercise labor to support the market demands on the market. The practice is illegal and unethical, so specific measures can be implemented on an international, national, and...
Even though people tend to believe that they are in control of their lives and decisions, it is not always true. Individuals often make irrational decisions even without understanding them. Marketing experts are aware of this peculiarity and rely on specific techniques to force consumers to make particular decisions. For...
Demand and supply of a product change considerably depending on various market factors, like price and customer preferences. When the doctor encourages people to take apples to lower cancer risk, many people will change their fruit preferences and opt to take more apples, considering the increased cases of cancer around...
Most developing nations see a decrease in poverty when the minimum wage is raised. The minimum wage barely covers a small percentage of disadvantaged people and excludes those employed in the vast informal industries, making the impact negligible. An increase in minimum wage can present advantages and disadvantages for different...
The sustenance of a nation is only possible when the government has enough revenue to support its projects, pay the workers, and continually develop its infrastructure. During his time as the finance minister, Alexander Hamilton opined that it was important for the government to collect internal and external taxes that...
Introduction The 2015 historic international agreement on the Sustainable Development Goals (SDGs) encourages all parties to establish and construct efficient local implementation systems. The policies require that members work with the World Bank to gather and evaluate data for measuring progress (Roa et al., 2019). This essay examines the role...
Globalization has affected individuals, groups, and communities all over the world and has had a big impact on sustainable development. Globalization has significantly altered economies, society, and the environment over the last several decades, and it has made our globe more linked than ever before ( Eitzenet al., 2018). This...
IIROC is the Investment Industry Regulatory Organization of Canada, and it oversees and protects Canadian investment firms. Like any organization, it has many records of various activities that are necessary for business management and the systematization of information. Naturally, they have a records management system that ensures the efficiency of...
Africa has been going through not the easiest times right now. Many modern politicians and the public put their expectations for the improvement of the situation on the risen middle-class. African society has high hopes for this new tendency which may promise a better future. It expects a more developed...
COVID-19 has had a profound impact on the Australian economy. Most indicators in 2020 indicate that the country was in a recession phase. According to Australia Indicators (n.d.), the annual growth rate of RGDP decreased by 1.9%, index of production costs decreased by 0.4%, consumption spending decreased by 5.72%, investment...
Introduction In the article “Biden Administration to Provide Over $13 Billion in Aid to Help American Families Lower Energy Bills,” Chelsea Cox reports on the government’s efforts to assist citizens burdened by high electricity charges. The United States Department of Health and Human Services plans to release money to help...
Introduction The information gain is a useful method to predict the behaviors of the customers and allows to better target and market products. Nevertheless, some limitations to this method are present. Discussion The cleanliness of data and the possibilities of recurring issues are one of the limitations of using information...
Gross Domestic Product (GDP) calculates the monetary value of all final services and products, including those bought by consumers and those manufactured in a nation over a specific period. It gauges every product created within a nation’s borders (Dynan & Sheiner, 2018). As a result, some activities—such as non-market activities,...
The Maximum Number of Tickets Sylvia can Buy in a Week If the budget is $24 and the cost of one movies ticket is $4, the maximum amount to spend on tickets equals the budget divided by the cost of one. Therefore, it will be; $24/$4, which equals six tickets....
The balance of payments, as one of the most critical indicators showing the effectiveness of the foreign economic policy pursued, makes it possible to analyze the movement of funds for the formation and servicing of external debt, as well as to calculate the scale of the country’s external debt and...
Abstract Due to the challenges it faced and the differences between the European Union and the United Kingdom, the Brexit process featured a variety of outcomes. The EU was required to show its competence on both an economic and political level to deal with crises of various kinds, but the...
Abstract For European nations’ economies to expand consistently and steadily, access to energy resources is essential. Power consumption is continuously increasing; hence a long-term strategy for unified European policy is required. However, European countries now rely significantly on imported natural gas and oil while gradually converting to renewable energy sources....
Introduction Before the learning journey, I thought I knew enough about Latin America, but the trip made me change my mind. In recent years, Latin America has undergone significant changes. While some countries experienced major economic and social crises in the late twentieth century and early 2000s, the region experienced...
Originally, the word economics comes from the word “oikonomos” which is actually a combination of two Greek words ‘oikos” and “nomos”. These two words mean household and law respectively. The term oikonomos refers to the handling of a household. The perception of an economy as a household has really affected...
Introduction The methods of analyzing the investment attractiveness of companies have been influenced by factors such as the specifics of the companies’ activities, a small material component, and high profitability. The rise in the value of Facebook’s securities is due more to investors’ optimism than the development of the main...
In the present day, regional trading agreements may be defined as a treaty signed by several countries in order to encourage trade and the movement of products and services across its members’ borders. In general, international tariffs, quotas, and other trade barriers limit the transportation of goods and services across...
Much of Milton Friedman’s argument or doctrine is built around the desire for free trade, a smaller government, and a steady increase of money supply within a growing economy. His emphasis on monetary policy is also reflected in his approach to the social responsibility of companies or their executives. Friedman...
The global environment and its challenges present a substantial risk zone for businesses. Furthermore, the development trend of the business focuses on the direction of globalization, implying that in order to expand more, businesses need to adapt to the global environment. Globalization, in general, stands for processes of interaction and...
Any price should combine the willingness of the buyer to pay and the company’s production costs, creating a balance between the two sides. Generally, different pricing approaches can be used for various products, and the complementary approach to the goods will change as the market develops. Nevertheless, only by combining...
Introduction Corruption is one of the most topical social problems that have always been topical. However, for areas characterized by a weak government, low social development, absence of infrastructure, poverty, and military conflicts, it becomes critical as bribery slows down evolution, deteriorates the situation in the state, and undermines the...
The Industrial Revolution is a developmental period characterized by the transformation from the rural and agrarian way of being to modernized and industrial. An industrial revolution depends on four key factors: natural resources, capital resources, human resources, and entrepreneurship. The combination of these factors allows a nation or a region...
The main purpose of the work is to present the problem of corruption and possible solution in different parts of the world. African regions have been chosen to stay more specific in the discussion, and, on the examples of developed countries, the possible strategies unique for the African countries can...
Jane Schneider’s interpretation of the fairy tale in which the demon offers to help a young woman spin straw to gold is the depiction of how industries have thrived at the expense of social welfare. The argument can be supported further by Jane Collins’ statement that the corporations subcontracting garment...
Introducton The financial crisis of 2008 now seems a distant event, especially given the developments surrounding the COVID-19 pandemic. Many of the mistakes made in 2008, experts say, could have been easily avoided, and it already seems evident that the economy has changed so much that it will not allow...
Liberalism as an economic thought has a relatively new history compared to other schools. Even though the financial crisis of 2007 was what brought a new wave of attention to liberalism, it can be traced back as far as Victorian times (Davies, 2014). However, neoliberalism differs from the original liberalism...
Introduction One of the strategies for increasing equity capital is financial investment, which in the classical sense implies investing funds with a return on their value. As a rule, private investors do not have direct access to the assets of a public company and have to use the services of...
The changing nature of the modern business environment requires considering organizational development (OD) practices. To mitigate potential complications, corporations must address the issues in the surrounding business climate. The Impact of the Covid-19 Pandemic Due to the pandemic, the necessity to transfer most banking operations to digital platforms has contributed...
In the process of learning about macroeconomic trends, one obtains an opportunity to expand their knowledge not only about the particular factors and their outcomes for the economy but also integrate that knowledge with decision making. In particular, one of the most interesting topics encountered in Greenlaw and Taylor’s (2014)...
Generally, the dilemma of whether to make investments or finance pending debts is a challenge. There are several factors that an individual must consider before opting to invest or pay current obligations. Based on the given situation, I bear three key personal liabilities which include a loan for the vehicle,...
Globalization was the term introduced in the epoch after capitalism, when the world economy started unification and when the majority of the states began cooperating and supporting each other in various situations. Now trade is an ongoing process, occurring all over the world because miscellaneous countries conclude cooperation agreements and...
The decrease in entropy or surprise achieved by modifying a dataset is known as information gain, and it is frequently employed in decision tree development. In order to estimate information gain, the entropy of a data sample before and after a modification is used (Kurniabudi et al., 2020). This phenomenon...
Customs unions and free-trade agreements (FTAs) are the backbone of the modern globalized trade, creating conditions for more profitable exchange of good and developing closer ties between nations. However, there are instances where these trade agreements are asymmetrical, and benefit one of the parties more than the other. The article...
In his “The False Promise of International Institutions,” Mearsheimer presents a critique of institutionalism theories and the policies that ensue from them. He claims that these theories do not reflect the realities of the world and are disproved by the world’s history. According to him, the alternative, namely realism, is...
The introduction of big data analytics in the financial sector has provided bankers with countless opportunities to improve the quality of their services, enhance consumer segmentation, and modernize e-banking. In my experience in the banking sector, I have utilized data mining techniques to improve the quality of customer segmentation. This...
The Demand Concept Demand is a common economic subject and principle that refers to the desire, willingness, and ability to purchase and pay the price for a specific good or/and service. In most cases, the demand for goods and services decreases as the price increases. Similarly, when the price decreases,...
Problem Statement In the world of the market economy, credit cards are becoming more popular, and they are swiftly displacing traditional forms of payment. However, with the growing acceptance of the medium, the risk of default is increasing over time. In this regard, credit card issuers are constantly faced with...
Introduction Immigrant recruitment is critical to Canada’s current and future economy. Newcomers fill labor shortages in the country, start or expand enterprises, and invest in the local economy. Employees and employers are both economic immigrants that contribute to the prosperity of Canada. When they immigrate to the state, the majority...
Introduction Federal Reserve, otherwise known as the Federal Reserve System, is the United States central bank. It was created under Federal Reserve Act signed by President Woodrow Wilson in 1913. The act dictates its roles and responsibilities in the financial sector. The Federal Reserve is headed by a Board of...
Introduction Basel III necessitates banks to maintain specific leverage percentages and reserve capital levels to keep risk within international financial standards. The deadline for adopting the new standards has been continually shelved to its current date of 2023 (BIS, n.d.a). The United Kingdom delayed the adoption of the remaining Basel...
Communism is an economic system that promotes a classless society where the public or community controls and owns the primary means of production. Globally, only a few countries, including China, Laos, Cuba, and North Korea, adopt this economic ideology. China is the most famous country due to its economic and...
Article Summary Bloomberg’s article Big Stock-Picking Hedge Funds Suffer Brutal Reversal in 2022’s Market Tumult comments on the unusual trends in the 2022 stock market. I believe this information is important because it provides a nuanced and comprehensive outlook into the world of modern money and how easily it can...
Kenya is an Eastern African country that is bordered by Ethiopia, South Sudan, Uganda, Somalia, Tanzania, and the Indian Ocean. According to GlobalEDGE (n.d.), its economic system is a mixed one; that is, it includes various forms of private freedom alongside government regulation and centralized economic planning. While Kenya has...
Introduction The COVID-19 pandemic became a major factor which affected numerous spheres and especially businesses. In order to address the negative effects of the COVID-19 pandemic, governments worldwide, including in the United States, designed special initiatives to help companies. The support offered by the U.S. government in the form of...
Based on the current long-term interest rates, expectations theory aims to forecast how the short-term interest rates will change or behave in the future. According to the hypothesis, an investor would make the same amount of interest by purchasing two consecutive one-year bonds as opposed to one two-year bond today...
January February March £ £ £ Income Cash Sales 2,200 5,200 5,500 Payments from previous months sales 30,750 19,800 46,800 Total cash inflow 32,950 25,000 52,300 Expenditure Purchases 10,000 11,000 13,000 Salaries 8,000 9,000 10,000 General overheads 14,200 16,200 17,200 Other expenses 43,000 0 0 Total Cash Outflow 75,200 36,200...
Many professionals and analysts in the industry have talked about the events that led to a massive financial crisis in the United States in 2008. In his review, Madrick looks at several publications about the mortgage implosion. The author argues that, although the system initially had some potential value for...
Summary As a key component of Dubai’s economy, DEWA is critical in assisting the Emirate’s growth and transition to a zero-economy economy. DEWA is a prominent participant in the area because of its great track record of technological innovation and operational efficiency and a prudent and diversified financial policy. Its...
The Internal Revenue Service is tasked with collecting taxes in the United States and monitors transactions made by those in real and cryptocurrency businesses. The IRS requires crypto to provide taxpayer information for taxpayers with over $20000 in proceeds or more than 200 transactions in any given year. The provision...
Introduction The world as a whole should benefit from economic prosperity. According to the UN (n.d.), SDG8’s aim is to “promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all” (para. 1). This is why the government must ensure that economic growth produces honest...
While Sweden and Italy share multiple characteristics, such as political democracy, relative territorial proximity, and similar traits, the political economies contrast on various levels. It can be attributed to the fact that Sweden is an example of classic corporatism. Thus, different corporate groups form associations that can then advocate and...
According to Brigham & Houston (2021), an ownership stake in a company is represented by common stock, each of which entitles the owner to dividends and the ability to vote on the company’s directors and policies. On the other hand, a bond is a long-term agreement between the borrower and...
Human development is closely related to the many spheres of life, like economics, medicine, and education. Thomas Sowell has proposed various ideas which approve the fact that people and economics support the existence of each other. The leader talks about fairness regarding people’s achievements in the first quote. The economic...
Based on the Ricardian Trade model, it is worth having free trade even if some people are losing. Free trade promotes access to lower-priced goods with higher quality. Although some people in the home country will experience losses, imports from countries like Mexico and China are cheap, and this helps...
Governments in different countries have specific industries considered critical in realization of developmental goals in the economy. The industrial policy supports the allocation of resources to sectors thought to be most essential by a certain administration. The opportunity cost concepts in economics can clearly explain the shift of resources from...
Economics, a diverse discipline that extends beyond fiscal matters and quantitative proficiency, presents a dynamic and gratifying career trajectory. Fundamentally, it delves into human conduct and the distribution of resources within societal frameworks. This complex field encompasses micro and macroeconomics, examining the forces that drive individual decision-making and the larger...
The video “Stand-up Economists Play Off Finances for Laughs” by PBS NewsHour begins with a presentation of Yoram Bauman, an American economist. He rejects the general idea of the economy being considered a dismal and boring discipline. Bauman proclaims himself “the world’s first stand-up economist” and entertains the public with...
Economics is a complex subject that contains numerous problems affecting humanity. Paul Romer, who received the Nobel Prize award for his explanation of the continuous growth of markets, provided people with an understanding of a critical concept of how markets behave. The writer’s praise for Paul Romer is well-deserved, as...
Love can be expressed in multiple unusual and genius ways. One of these means is demonstrated in the page “14 Ways an Economist Says I Love You” (Fosslien). The images and their captions illustrate that pleasure experienced from Valentine’s Day and love can be viewed by economists as perfect economic...
