Japanese Economy and Politics Now

For decades, the economic development of Japan has been regarded as a miracle due to its ability to regenerate rapidly after the damage of the Second World War. An impressive part of the Japanese economic success concerns the country’s trade relations with the US and Asian markets (Grimes, 2001). However,...

Why International Trading Is Beneficial

International trading is vital in overcoming the problems of limited natural resource production opportunities. Moreover, countries trade with each other to get a higher income due to the difference in the cost of production in the home country and abroad. Another aim of international trading is to increase the specialization...

Economic Summary: Macroeconomics

Introduction For the benefit of the incoming administration, I submit this report to document, analyze, and interpret the macroeconomic policy decisions I made as the chief economic policy advisor of Econland. The purpose of this document is to further our national prosperity by deepening our understanding of the relationship between...

“Why Aren’t Gas Prices Dropping…” by Nguyen

Message from the Article In the studied article, “Why aren’t gas prices dropping if oil is getting cheaper?” Janet Nguyen presents a unique perspective regarding the current predicament of oil and gas prices. The author is convinced that most of the gas stations will take longer to lower their prices...

The Consumer Attitude Towards Buying Organic Food in Hong Kong

Abstract The growing demand for eco – friendly consumption has prompted various experts to study the factors that influence organic food purchase. The majority of these studies are based on customers’ self-reports of their purchase behavior, which is investigated through expressed subjective norms. In Hong Kong, there is a dearth...

Concerns in the Building of Community Gardens

One of the central concerns in the building of community gardens is the legal evidence of the right to remain. It may seem unconventional since almost everyone can see the exceptional benefits of such initiatives. However, the state may try to close the green due to unauthorized use of the...

Bangladesh: Stimulating Economic Growth

Introduction Bangladesh is located in southeast Asia and covers an area of about 148 km². The country’s rich history implies a diversity of traditions and cultures, which is exceptional for such a small state, making it appealing for the project. The government’s official website is the most reliable source of...

Customer Choice in Buying Sustainable T-Shirts

Fashion trends arise and die, making society value sustainable advertisements. Indeed, the advertisements make the society gain characteristic beliefs and cultures that have evolved to fit in new trends. The nature of changes in the fashion industry cannot be projected with ambitions because they are evocatively designed to fit in...

Comparative Advantage: Analysis of the Concept

Summary Comparative advantage is an economic concept that some countries, states or regions are better set off in producing specific goods than others. Comparative advantage is important in world politics because it determines the countries or regions that will benefit from specializing in he production of certain goods or products...

Valuation of Sportfishing Harvest

The valuation of sportfishing harvest methods is a prominent research area in marine resource economics. The article “Valuation of Sportfishing Harvest” by Carter and Liese (2010) provides a comprehensive examination of this strategy using a hedonic theory, commonly utilized for distinguishing and managing produce in charter fishing services. The authors...

Investing in Technology: A Promising Modern Trend

The concept of business environment is characterized by many multidirectional uncertainties that determine how companies operate on a daily basis. The theory of investing capital with the hope of getting high returns is one of the main ways to manage financial assets. Today, investment in technology will determine success, as...

Market Values: Almarai Stock Analysis

Introduction The valuation of a company’s shares on the stock market can occur in various ways. Various models allow estimating or predicting the price of shares both for investors in terms of the company’s attractiveness or its profitability and for the company’s internal management in terms of sustainable development. However,...

Ulta Beauty Company’s Financial Performance

Introduction Ulta Beauty is a successful American cosmetics company that has balanced the externally attractive and attention-grabbing displays with ongoing revenue sources and employees’ best interests. The company successfully identified the priorities of American women purchasing cosmetics despite its lack of outlets in major shopping malls. Ulta has entered several...

Modeling the Impact of the COVID-19 Pandemic

Coronavirus has taken a substantial toll on people worldwide, making it an international pandemic. Being only a year after the eruption of the virus from Wuhan, its effects have been felt globally. Undoubtedly, the virus’s impacts have been detrimental to almost every country universally, claiming thousands of lives, especially in...

Fiscal Policies and Their Impact on Income Distribution in India

The story is about the fiscal policies that have been put into place by the Indian government in recent years, and each of them has had a different impact on income distribution in the country. Progressive taxation is one such policy; it is a system in which people who earn...

Real Growth of US Gross Domestic Product

Introduction The US government statistical agencies collect and process massive volumes of data, which are supposed to reflect the condition of the American economy. However, their tremendous effort is significantly distorted and undermined because of discrepancies emerging due to various factors. Feldstein (2017) studied the consequences caused by underestimating real...

Analyzing a Budget Overrun in a School Restoration Plan

The main topic of the current letter is to discuss the budget overrun regarding the restoration of the new school tailored for disabled children. According to the primary inquiry, the technological aspect of the school support was not mentioned. Conducting the detailed analysis of the initial request, some inconsistencies were...

Macroeconomics: Objections to Economic Approach

While exploring the book written by Greenlaw and Taylor (2014) Principles of macroeconomics, I found remarkable information provided in Chapter 2 in the section “Confronting objections to the economic approach.” This part of this section puts emphasis on human behavior and explores the notion of self-interest from various perspectives. The...

Conservative Capitalization Structure

There are numerous ways for companies to finance their maintenance and expansion. Capitalization structure is the proportion of debt and equity, and a bigger percentage of one or the other companies can be divided into high-leverage and low-leverage groups. Low-leverage companies often have a conservative capital structure that is usually...

Peculiarities of Macroeconomics

In the current epidemiological situation, macroeconomics is in a state of crisis. The current market system is now complicated to represent an integral mechanism that could unite all continents. Countries such as the United States and China have long restored the pre-crisis economy and therefore continue to wage trade wars...

Wage Regulations and Impact of Politics

Introduction Most previous studies on minimum wage regulations have focused on society’s economic well-being. The discussions have been grounded on one hand; minimum wage increases the low-earning workers’ living conditions, thus, decreasing level of poverty (Kweon and Suzuki 269). While on the other hand, they instigate that the minimum wages...

Impulsive Purchasing: Paying Premium for Convenience

Introduction Impulse purchasing is a consumer behavior that marketing strategists use as a way to increase revenue. Much research has been done on this topic, as well as studies about the reasons behind it and its implications in the traditional retail business. However, the subject of such behavior is not...

Government Spending, Fiscal Policy, and Taxation

Introduction This essay addresses the government through the Minister of Finance (the audience) on fiscal policy, government spending, and taxation. Although the ministry is aware of the three terms, the writer pulls the three phrases by helping the government recognize their roles in promoting growth and employment. Government expenditure relates...

Tax Inequality in America

Introduction Governments rely on taxation systems to get adequate financial resources for funding a wide range of public initiatives, expenditures, and projects. Legal mechanisms are usually put in place to identify and punish those who fail to remit their taxes. Citizens can pay taxes in different levels, including purchase of...

New Deal as the Solution for the Depression and the Use of Keynesian Economics

One of the worst problems of the Great Depression was the unemployment rate. By implementing the New Deal programs, Roosevelt aimed to create a complete cycle of economic support. In this cycle, the government helps the general population with money and the restoration of industrial objects to create workplaces (Patel...

Elasticity and Its Coefficient

The economic sphere of society’s life and the market function according to certain laws. Knowledge of these features is essential for the effective operation of any business and understanding the impact of price and non-price factors on changes in supply and demand. To make different decisions on development, companies and...

Goods Declaration Procedure for Home Use

This fact sheet applies to any individual to bring goods into the country from external countries for home use. It illustrates commonly used terminology and how the import clearance system works, and other vital information required for any visitor or current country resident. This fact sheet also contains a section...

Impact of COVID-19 on Small Businesses Organizations

Introduction The COVID-19 pandemic presented huge concerns globally at the start of 2020. To limit the spread of the disease, the government had to enact several measures and lockdowns to curb the spread of the virus. The COVID-19 epidemic had a rejuvenating effect on small business sectors, putting the economies...

Mini Vehicles’ Macroeconomic Environments

Demography Demography contributes significantly to the production and distribution of specific commodities to customers. Demography refers to the group of people receiving particular commodities or services (Smith et al., 2020). It may analyze people based on specific criteria such as age, education level, financial status, class, sex, religion, ethnicity, etc....

The Concept of Consumerism and Marketing Strategies

Consumerism exists in the everyday life of every person, and every marketer should pay attention to its effect on consumers. There is an indirect pressure of marketing strategies that force people to change their habits while shopping. Those psychological techniques might not always be harmful to ordinary buyers. However, marketers...

Bonds in the US Economy Context

Introduction The US economy is affected by bonds that determine the market’s liquidity aspects, hence determining the standards of living through consumerism metrics. Due to investment perspectives, bonds are useful in capital preservation, which can predict returns for a given enterprise. In the New York Times, Neil Irwin has articulated...

Chinese Solar Panels’ Impact on American Solar Panel Producers

Impact on American solar panels manufacturers Chinese solar panels have dominated the market in the current American economy and are available in almost every part threatening American Solar Panel producers. These overseas products provide more choices to consumers since they are cheaper as compared to American solar panels. However, the...

Trends in Inflows and Outflows of Foreign Direct Investment in Growing Economies

Introduction FDI is the initials for Foreign Direct Investment. FDI can be defined as an investment from an individual, business, or corporation in one economy or country into another enterprise in a different republic with the intention to establish lasting interests in it. The capacity to control, manage and influence...

Global Foreign Exchange and Capital Markets in Mexico

The regulatory action of global standards is an essential instrument for the national economy and international trade. In Mexico, standardization takes the form of required Official Mexican Standards (NOM) developed by federal government agencies, as well as predominantly voluntary Mexican Standards (NMX) supported by the Secretariat of Economy and the...

The Process of Building a Sustainable Economy

Introduction Sustainable economics is a special condition that maintains a stable level of financial components for a long time without significant fluctuations and negative impact on several social aspects. It is a fairly universal, broad term covering all forms of growth within the framework of meeting the needs of current...

Globalization and Its Scale in the World

In his speech for TEDGlobal 2012, Pankaj Ghemawat addresses globalization and its real scope and impact on the whole world. He mentions two opposite perspectives of this phenomenon, and the first one is pro-globalizers. Supported by media and multiple surveys and reflected in the book “The world is flat” by...

The New Deal and American Society

The Wall Street Crash of 1929 generally refers to the stock market crash, which led to the economic downfall of the whole country. Experts emphasize the rapid growth of the American market in the 1920s as the primary cause since people were eager to make a profit from the stocks...

Predicting Financial Crisis of 2008

The financial crisis of 2008 was one of the most significant economic disasters in world history. Even though numerous countries and separate businesses were caught by surprise by the emerged problems, many experts state that the crisis could be predicted. In particular, the accounting information of KB Home, including the...

Consequences and Remedies of Information Asymmetry

Introduction Access to information is a crucial factor that influences market operations. In an open market, buyers and sellers may have different access levels to information regarding the products, implying that asymmetric information is common in many market situations. According to Pavlov et al. (2022), asymmetric information denotes imperfect, skewed,...

Market Structures: Principles of Macroeconomics

Under perfect competition, many firms sell identical products, the price is set by the market; Under monopolistic competition, the price is still set by the market, but the products are more differentiated; With an oligopoly, the number of firms in the market is small, a high degree of interaction between...

Impact of Consumer and Producer Surplus

Introduction Sales conditions dictated by today’s market trends are largely based on supply and demand indicators as the key parameters that determine the dynamics of seller-consumer relationships. Corresponding fluctuations of these factors directly affect the share of production and pricing. One of the economic concepts to take into account, in...

Uber’s Effect on Taxi Companies

Uber’s innovative format of transportation services affects companies in the taxi market. Specifically, its pricing strategies and the ability to damage the reputation of taxi drivers deserve attention in this regard. This essay will examine the cause-and-effect connections between Uber’s activity in the transportation industry and its meaning for more...

The Reasons Behind the Rise in Gas Prices

The gas prices have significantly increased during the past several months, and there are several reasons that caused this increase. First of all, it is necessary to realize that the situation in the world is quite unstable today, and numerous factors influence each other, which manifests in rising gas prices....

The Social Media Impact on Globalization

Globalization in business is the state where the products and services produced by companies gradually become the same globally (Ifigeneia & Dimitrios, 2018). The social media concepts have become one of the main agendas used by most business executives to promote Business through media platforms and online services to allow...

Uneven Distribution of the 1920s Economic Prosperity

In the 1920s, America’s economic development experienced an unbalanced growth. The economy experienced an imbalance as those who owned large companies and business organizations continued to make large profits (Ivanova, 2017). In contrast, those who worked for them continued with a poor economic run. During this time, most Americans lived...

The Paradox of Hunger in the World

Introduction The eradication of hunger and consequent malnutrition is one of the most critical tasks of contemporary history. Malnutrition causes detrimental physical and mental suffering and hinders progress in many other areas of development, such as education, the economy, and the workforce. The number of people worldwide who do not...

Households and Consumer Behaviors

There are many ways in which households have changed in the past 50 years. People today are getting married much older, and although divorce rates had risen significantly by the early 1990s, there has since been a decreasing tendency. Because of the rise in divorce rates, there are many more...

Taxation and Wealth Redistribution in Hong Kong

Introduction Hong Kong is a very attractive city business wise, and currently many business people are willing to invest in it due to its enticing tax policies. Taxation is a very important factor for investors who might be considering new avenues for their business. Many countries of the globe are...

Effects of Celebrity Ratification on Brand Equity

Research Rationale Celebrity endorsements positively influence buying intentions, brand identification, memory, and purchase behavior. In addition, celebrity ratification surpasses a positive frame of mind toward an organization; however, there is little evidence on whether an international or national star has a similar influence on product standards in the local market....

The USA Embargo on Export to Cuba

The US-Cuban diplomatic relations of the past 60 years have been extremely tense due to the US government’s embargo imposed on Cuba in 1960th after Fidel Castro became Cuban leader. The growing authority of the communist party in Cuba and the nationalization of foreign companies, including US ones, defined America’s...

Export and Import in World Economy and International Trade

Introduction In today’s global economy, consumers are used to seeing products from all over the world in their local grocery stores and retail stores. In general terms, international trade is a means by which countries can develop a specialization, increase the productivity of their resources, and thus increase overall output....

Trade Between Europe and Other Countries

In the present day, the trade relationship between Europe and other countries is constantly improving, however, there are cultural, political, governmental, and economic challenges to entering the European market. The main difficulties are determined by the differences in regulations that create particular standards in multiple spheres. In European Union (EU),...

Minimum Wage and the Distribution of Income

Introduction Since the United States has always been viewed as a country of enormous economic opportunities, the minimum wage issue has been debated for a long time. The opponents of raising salaries claim that this policy may increase unemployment in the country (Lester et al.). The supporters of this idea...

Budget for Security and Counterterrorism Division

Introduction Security and counterterrorism department is one of the New York City Transit police units tasked with ensuring security by neutralizing any threat associated with terrorist activities in the subways. New York City has over 5.6 million commuters who use the subway, bus, and rail transport (Brakewood et al., 2015)....

China: Becoming an Economic Superpower

The new PBS documentary “China: Power and Prosperity” looks at the country’s ascent to becoming an economic superpower. The film digs into the country’s proposed Belt and Road Initiative, which aims to build infrastructure and strengthen trade relationships across Eurasia. It explores China’s impact on Africa, where it is investing...

Economic Well-Being of a Country

To determine the level of a country’s welfare, general indicators of economic development are used, which can also be used to determine the standard of living of the population. These indicators include the gross domestic product (GDP), national income, and net national disposable income. The volume of GDP in the...

Addressing Economic Inequality: The Pandemic Challenge

Economic inequality continues to be relevant to modern society, with the full range of human rights being available only to the wealthy minority. However, many social workers have now been focusing on working toward addressing the issue, with their commitment to social justice and equal human rights being illustrated by...

The Ponzi Scheme in Investigative Accounting

Introduction The Ponzi Scheme is an investment method that pays dividends from newly came investors to those who invested earlier. The Ponzi Scheme appeared in the 1920s and became widespread among mass media channels. It refers to the financial pyramid, which attracts as many people as possible to the system....

South Africa’s Economic Statistics and Labour Rights

Introduction At the present stage of development of the world economy, along with interest in the analysis of general trends, it is still relevant and important to study the economies of individual countries. Of particular interest in this regard are countries of “regional powers” – centers of economic power and...

Globalization and Poverty: Trade Openness and Poverty Reduction in Nigeria

Introduction Globalization can be defined as the process of interdependence on the global culture, economy, and population. It is brought about by cross-border trade, which involves the flow of people, information, investments, goods, and services. The economic partnership has been in operation for centuries, but it gained popularity after the...

Economic and Financial Analysis of India

Retail Price Index It is important to note that there are several economic indicators that can be used to observe the state of the economy of a particular nation, which, in the given case, is India. The retail price index or RPI is a measurement of consumer inflation. It is...

Post-Soviet Economic and Social Transition

In the post-Soviet period of economic transition from the previously predominant communist order to the new capitalist approach, two major models of economic reforms with opposing arguments were utilized. On the one hand, shock therapy as a reformation approach held that the shift to capitalism has to be instant and...

Corruption in the Democratic Republic of Congo

Introduction While world economies are affected by a range of problems, some have remained entrenched in countries, impending national and regional growth. Some of the challenges are political instability, poverty, disease, and corruption. These problems are inter-connected in that one leads to another, and if unchecked, may cause the collapse...

Employment Center for People with Disabilities: Project Plan

The project is an employment center for people with disabilities and any kind of physical or mental limitations. It will connect employers and companies from all over the United States with potential employees. The scope of the project is relatively small with growth potential. The work breakdown structure is the...

Individual Commercialization: Steps to Effective Commercialization

Commercialization is the process of converting an idea or a product into a cash generation or viable mercantile facet. Businesses and individuals often generate concepts worth significant commercial value. Nonetheless, it is until such thoughts are commercialized that the inventors can enjoy the results. On the other hand, the process...

Discussion of Investment Opportunities in Project

Introducing investment opportunities into the project is another vital issue that needs to be considered closer. Specifically, given the nature of the project, which will be primarily educational, the project can be deemed as a non-profit one. Therefore, customers will be admitted without charge. The specified solution implies that the...

Trade Agreement Between Mexico and Brazil

In the modern world, politics, like many other spheres of life and the functioning of the state, are predetermined by laws. Based on the fact that they differ in all countries, we can conclude that processes such as trade are significantly more complicated. However, lawyers and politicians are inventing new...

Retail Stores as Cultural Phenomenon in Cities

I do not see retail stores as a big problem because I see modern American society filled with abundance and consumerism. At the moment, it seems to me, American society could not live differently, and people are used to the fact that shopping is sewn logically and harmoniously into their...

How Sugar Affected the Cuban Economy

Introduction For centuries, sugar has been considered a commodity of high trading value. Sugar plantations were profitable to the extent that sugar was called “white gold” because of the high demand for it on the market. Being extracted from a plant called sugar cane, it has been the backbone of...

The Impact of Globalization on Business in India and the USA

Introduction Globalization is a key belief that has emerged because of the maximum essential component in enterprise over the previous couple of decades. Globalization is an almost inevitable result of accelerated printing speeds in history, if not since the Renaissance and the first Industrial Revolution (Burlacu et al., 2018). This...

Brazil’s Aspirations to Join the World Trade Organization

The purpose of the World Trade Organization is to help each member state promote free-market relations and attain a better level of economic development. Historically, Brazil’s aspirations to join the WTO faced a certain resistance on behalf of the country’s left-wing politicians who feared that the membership would destroy the...

Real Estate Investment and Hospitality Industry Performance

The COVID-19 pandemic has also affected real estate investments differently. Some businesses benefited from the rise of coronavirus, while others recorded so many losses. Investors and economic leaders could share different views and opinions on the current environment. Before embarking on business, property owners must assess possible risks and benefits....

The “Made in China 2025” Economic Blueprint

Introduction Background to the Study There is a consensus among economists and academicians that a new wave of economic revolution is happening as countries position themselves to exploit opportunities created by rapid technological advancements in business (Brunet-Thornton & Martinez, 2018; Lardy, 2019). Countries with advanced economies, such as the United...

Behavioral Economics: The Proposal

Initial Situation and Motivation The topic of behavioral economics is interesting and relevant because it outlines the possibility of deploying mechanisms that could affect a number of essential business variables, such as labor markets, private finance, and personal health. Knowing that financial regulations and healthcare provisions are being developed at...

Effect of Soda and Plastic Bag Tax Policies

Within modern society, it is crucial to be acknowledged about the core principles of the economic theory and its implications on every aspect of daily life. According to Mankiw, there are four key economic concepts, including “scarcity, supply and demand, costs and benefits, and incentives,” which illustrate the underlying reasons...

Facilitating Trade and Securing Import & Export

One of the European Government’s concerns is to facilitate trade while also securing import and export procedures. Currently, customs, Value Added Tax(VAT), and duty are all handled separately, although the data is nearly identical. Customs administration using electronic means is seldom regarded as inventive as product design or factory automation...

Economic Benefits and Constraints to Opening Canada’s Borders

Introduction Policymakers regard Canada’s immigration program as critical to the country’s progress and future growth. Growing the country’s population, however, demands a balance and keen monitoring. The current immigration plan for 2019-2021 set by the Canadian government should be carefully analyzed. Presently, there are government restrictions on the free flow...

Optimization and Improvement of the Namibian Electricity Sector

Introduction In developing countries like Namibia, power supply is a key issue. Namibia’s local electrical supply has failed to keep pace with its expanding energy demands since it only generates less than half of the energy it consumes, according to ITA (2020). The current peak energy demand exceeds 600 MW,...

Individualized Targeting and Consumers’ Privacy Concerns

Advancements in digital technologies and data collection allow marketers to implement individualized targeting (IT), which presupposes that current or prospective consumers receive personalized advertisements based on their preferences. IT is beneficial: marketers identify target audiences while customers receive relevant recommendations. Nonetheless, the application of this strategy involves personal data use,...

The Role of the USA Authoritative Bodies

The United States’ authoritative bodies are essential for establishing financial accounting and reporting standards that both private and public organizations will have to follow in order to operate successfully in their relative markets and spheres of operations. For example, the Financial Accounting Standards Board (FASB) sets standards through an inclusive...

The Effect of Independence and Interdependence in the Global Economy

The Implications of Integration in the Light of Brexit and the COVID-19 The United Kingdom, which constitutes Wales, North Ireland, and England, has one of the major economies in the world. In 2019, the GDP of the UK was 2.83 trillion dollars. Due to the diversification of the economy, living...

The National Banking Crisis Analysis

Description of the Crisis I work at a national bank as a CEO, where a recent crisis has attracted nationwide coverage due to its massive effect on the economy. The bank is the largest one in the country and has clients in the entire nation, including its biggest customer, the...

Health-Related Sustainable Development Goals

The prevention of healthcare-related issues is one of the significant responsibilities of nurses. The careful analysis of the factors contributing to positive development in society is vital to nurses’ professional development. One of the effective tools ensuring positive health-related changes is the sustainable development goals (SDGs). SDGs are a set...

Collusion in Oligopoly and Game Theory

Oligopoly is a market structure in which a relatively small number of companies or organizations serve a large number of consumers. Along with monopoly, oligopoly as a structure exists in imperfect competition. Because the number of firms in oligopoly is usually extremely small, the profit of each participating company does...

Qatar National Bank’s General Information

There are numerous issues that banks across the world have to address in the 21st century. Nevertheless, bank groups that have already developed the most efficient business models and managed to expand their operations globally are in a comfortable position. The remarkable economic performance of various sectors of the economy...

Banking in the United States of America

History Of Banking The United States of America has the most powerful banking system in the world. However, this system is one of the youngest, and banking has its own specifics with a lot of restrictions and even archaic elements. Its own banking structure appeared in the United States during...

Cryptocurrencies and the Meme Stock Phenomenon

Introduction The economic theory of investing pays much attention to the phenomenon of financial bubbles. In a general sense, bubbles are understood as an unreasonably sharp increase in the price of assets on the stock market, followed by a sharp decline when the bubble “bursts.”This is reflected in the terminological...

The Community Reinvestment Act and the Banking Systems

Introduction Nowadays, there are many laws and regulations regarding the banking system, lending, and the financial structure of the United States. They include reforms to improve the country’s credit climate and increase investment opportunities. One of these laws was CRA (Community Reinvestment Act), adopted in 1977. To evaluate its effectiveness,...

Budgeting for Local Governments and Communities

In the video “What you need to know to play The Fiscal Ship game,” Sheiner (2016) explains the mechanisms that regulate the allocation of financial resources. Simply stated, the speaker describes how the government spends money and what trends will be apparent in this sphere in the near future. Among...

Pfizer’s Investment in Comirnaty Vaccine

Introduction The process of research and development (R&D) involves the design or improvement of a product, technology, or service. R&D is vital for business because it encourages innovation, helping a company generate revenue in the future and gain a competitive advantage (Hammar and Belarbi, 2021). In the pharmaceutical industry, R&D...

Why It Is Necessary to Study Digital Economy

The economy studies the process of production and consumption of goods and services and the ways they help fulfill the needs of society. The economy, in general, helps people get a clear idea of the way market relations are established and developed. Understanding the guiding principles and strategies the economy...

The US Trade Deficit as a Current News Issue

Current Issue: US Trade Deficit Recently, such news outlets as Reuters, CNBC, and Market Watch have reported that the US trade deficit has reached its highest record. According to Mutikani (2021), in August 2021, the US trade deficit rose to $73.3 billion, although economists predicted that it would amount to...

Landline Service Taxes and Impact on Markets

A landline usually transmits data through a metallic wire or optic fiber telephone line instead of a mobile cellular network, which transmits data using radio waves. Landlines are usually fixed at some points where people operate them from. For instance, they can be fixed in homes, streets, jails, and big...

Islamic Banking and Its Development Problems

Islamic banking implies a way of banking functioning that is characterized by consistency and does not contradict Muslim principles in relation to monetary settlement operations. The main rule of the Islamic religion is the rejection of future transactions and the prohibition of charging a loan interest by a banking institution....

Financial Report of Fridgefreeze Plc

Introduction Profitability Ratios Return on capital employed = 2020 2019 Operating profit 7,485 10,105 Divide byCapital employed: Share capital 26,035 24,330 Plus Reserves 8,480 6,375 Plus Non-current liab. 4,575 1,250 39,090 31,955 Equals (0.1915 0.3162) x 100% ROCE = 19.15% 31.62% The 2020 ROCE is less than that of 2019....

Underrepresented Benefits of Casinos and Gambling

Introduction It is important to note that gambling and casinos are mostly perceived as negative activities as well as organizations, respectively. However, despite the socially held disapproval, responsible gambling and properly regulated casinos can be not only an enjoyable recreational activity but also a major promoter of tourism and economic...

Goods’ Cost and Factors Influencing It

Introduction The consumption of goods is a complex process that includes many variables influencing it. The customer’s decision towards one or another product differs depending on his or her level of wealth, the increase or decrease of the inflation, and the level of interest rates. All of the mentioned factors...

The United Arab Emirates’ Economic Climate

The Economy of the United Arab Emirate The United Arab Emirates is amongst one of the most successful countries in the Gulf and the Middle East. It is made up of seven emirates. It lies within the Arabian Desert and covers an area of 83650 Km2 with a population of...

The Federal Reserve System and the Money Supply

The Federal Reserve (FR) has three main tools to control the money supply in the economy: the discount rate, open market operations, and reserve requirements. “The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is...

Financial Planning. Money Management Skill

Financial literacy is an essential skill necessary for people to manage their income and achieve goals. Financial literacy can be defined as knowledge about financial planning and management that allows making reasonable choices about money spending and saving (Hamid & Loke, 2021). Indeed, proper cash management leads to lower debt...

Internalization of National Economies and Political Risks

Recent systemic transformations due to globalization, trade and investment growth, and nations’ growing interest in economic internationalization to remain or become more competitive led scholars to evaluate the potential political risks of the internationalization process. There are three main sources of political risk in the internalization of the national economy....

Smart Cities’ Response to the Aftermath of COVID-19 in the Retail Sector

Introduction Retail sector remains of the drivers of modern economy because of its scape, scope, and vital status for the life of society. According to the Statistic Research Department (2021), the amount of global retail sales has reached the level $25 trillion with $19.2 trillion in physical turnover and nearly...

The Federal Public Budgetary Decision Process

Introduction Organizational managers and policymakers use the budget for accountability and decision-making purposes. Budgeting is a process that involves the allocation of resources to the objectives of a given entity or a strategic plan (Brusca & Labrador, 2016). The allocation of resources to a policy can influence various aspects of...

Emerging Markets Growth and HSBC in China

Case History and Background Before the start of discussions with the World Trade Organization, China’s banking industry functioned as a wheel in a centrally located economy. During China’s post-Mao industrialization, the financial sector served social functions rather than the expected economic functions. The majority of China’s successful companies resulted from...

India’s International Trade Policy

Balance of Payments: Analyses and Implications In the first quarter of 2021-2022, India’s current account balance experienced a surplus in the balance of payment. The increment was 6.5 US billion dollars, representing 0.9% of the country’s Gross Domestic Product (GDP) (“Reserve Bank of India”, 2021). In the fourth quarter of...

Bank’s Digital Trends, Opportunities, and Threats

The essay demonstrates the most crucial digital opportunities and threats for a commercial bank. In addition, the strategies to reduce the number of abandoned baskets are discussed. Notably, nowadays, digital currency is one of the most influential trends in the financial industry. Xu and Tang (2020) claim that central banks...

Clientele of Luxurious Vehicles: The Purchasing Decisions

Introduction and Identification of Key Economic Issues and Concepts Consumer behavior is a multidimensional phenomenon that proficiently influences business competence and productivity within a marketplace. In the research by Gokhale et al. (2021), the researchers focus on assessing significant factors that influence the purchasing decision among the clientele of luxurious...

Taxation Without Representation

“Taxation without representation” is when a whole population is taxed but has no say in spending money or implementing policies. The colonists of the United States said to their British overlords that “taxation without representation is tyranny.” Because of the adoption of the English Bill of Rights in 1689, it...

Primary vs. Secondary Markets Differences

Primary and Secondary Markets When it comes to financial activities, it is necessary to understand the difference between primary and secondary markets. They are distinct phenomena, and traders, investors, and other stakeholders should know how they vary. Primary and secondary markets are different according to their overall purpose, mechanics, and...

Stock Analysis and Portfolio Balancing

Calculating the Risk and Interconnection with Market Investment Risk: The Reason for Comparison between the Company and the Index Despite the considerable number of shares’ valuation methods, the comparative approach is one of the most widespread. Many analysts consider the parallel share and index analysis as an effective one since...

Searching for Funding Opportunities

Funding Opportunities Priority Funding Option Debt or Equity Type Maximum Available $ Amount Interest Rate Company Share Terms Documents to prepare Contact Information Notes 1 Personal savings Debt $6000 0% I retain 100% I Will repay myself in 18-20 months No 2 Borrowing from relatives/friends Debt Parents $15,000 – $20,000...

Budget Development in Public vs. Private Sector

In building a budget of any scale, it is necessary to consider many details. The most standard budget requirement is the excess of revenues over expenditures, which ensures the continued functioning of the organization. However, in some cases, this rule may be violated. The purpose of this essay is to...

Banks and Their Influence on the Economy

Banks are the leading financial intermediary in the economy because they accept deposits by attracting depositors’ money, i.e., accumulating temporarily free funds. Moreover, banks provide money at a certain percentage to various economic firms, households, etc., i.e., they issue loans. The activity of banks is the channel through which changes...

Essential Financial Concepts

The most important concept I have learned in the course is the PV, FV, and Payback Period. It is the first on the list because it is related to long-term risk-taking since the notions themselves help assess the possible financial benefits in the future. According to researchers, financial forecasting is...

Japan’s Crisis Governance in a Period of Economic Stagnation

Japan is the first of the “Asian tigers” and an excellent example of quality industrial policy, which prevented the country from falling into an irreversible recession in the crisis years. The story of the economic miracle began 70 years ago. Japan, whose path China is trying to follow today, is...

Production and Growth During the Pandemic: A Case of U.S. Manufacturing

The need to sustain production and growth is one of the central concerns in running a business. Therefore, inspecting the phenomena and notions associated with production and growth is vital. In her recent article, Harriet Torry explained that, despite the pandemic, the U.S. manufacturing industry has been thriving, showing an...

The Value of Auctions in the Modern Economy

The auction represents a valuable aspect of the existence of the modern economy. Furthermore, an auction is a type of market trading in which the seller, in order to maximize profit, uses direct competition from several buyers present at the auction. It is worth noting that it is the seller...

Disney Imagineering: Local Cultures

Disney should accommodate local cultures so much since different regions have varying practices and formalities. When Disney is choosing to open a theme park in a certain location, it is necessary to identify and include the various meanings of the people for them to adapt to the park easily. Lacking...

Earmarking Taxes for Improving the Health Sector

Allocating sufficient financing for healthcare institutions and policies is a difficult task, especially for a developing country. Currently, Nigeria’s governmental structure undergoes many critical changes to ensure its prospects. Its health sector is largely under-resourced, which has a detrimental effect on the overall productivity and economic development of the country...

Researching of Mercosur Economic Agreement

Introduction Mercosur is an integration association of four States (Argentina, Brazil, Paraguay and Uruguay) with a population of more than 260 million people interested both in the inflow of investments and in gaining access to high-tech products (Almeida, 2018). It is the leading trading bloc of South America. Known as...

Economic Impact of Opioid Epidemic in Virginia

The opioid epidemic has been a problem in the United States for years, and the situation in some states is only getting worse. In particular, Virginia has seen a steady increase in the number of opioid overdose cases and deaths associated with it (Virginia Department of Health, 2021b). The situation...

Aspects of Obama’s Tax Reforms

Introduction Administrative systems must control taxation strategies and processes to ensure effective taxation that matches the administration’s objectives to promote a secure and attractive investment environment. Under President Obama’s administration, there were substantial changes in taxation and income wages to promote fair tax for all Americans. The former president fought...

Researching of Economic Recession

Introduction The term “recession” refers to a period in which the economy declines, unemployment rises, the stock market falls, and the housing market suffers. Whenever there is a recession, everyone from the Federal Reserve to the president to the federal government gets blamed. Several variables might lead to recessions, including...

“Jobs Boom Wipes out Covid Losses”: Report on the Article

Executive Summary The article “Jobs boom wipes out Covid losses” examines the positive dynamics in the labor market recovery. The key takeaway is the reduction in the unemployment rate from 6.3% to 5.8%, with an expectation to lower it to the level below 5%. The other positive tendency discussed is...

Impact of Progressive Globalization

One of the key processes in the development of the world economy on the verge of the XX-XXI centuries is the progressive globalization. It is, indeed, a qualitatively new stage in the development of the internationalization of economic life. The attitude of both specialists and people to globalization is very...

Artificial Intelligence Economy

Abdulov, Rafael. “Artificial Intelligence as An Important Factor of Sustainable and Crisis-Free Economic Growth.” Procedia Computer Science, vol.1, no. 169, 2020, pp. 468-472. Abdulov takes the opportunity to explain the role of artificial intelligence in improving the subsectors of the economy. According to Abdulov, the new technology has quite many...

Apple Returns on Equity (ROE) Concept

Returns on equity (ROE) represent a relation where income has to be divided by the stakeholders’ equity (average). It means that investors are most likely to gain more insight into stakeholder power and make their decisions based on that particular factor. Another way to represent the relationship between investors and...

COVID-19: Influence on Labor Demand and Supply

Introduction World history has seen devastating global pandemics, which have drastically changed the situation in the economy. In this regard, it might be interesting to compare the impact caused by the current COVID-19 with the consequences of the earlier pandemics. Mankiw (2020) mentions the case of the Black Death, the...

Definitions of Primary and Secondary Markets

The notion of market stands for a complex interrelation between various systems, procedures, infrastructures, and social phenomena that contribute to the systematization of goods and services exchanged in certain conditions. The exchange within a market may rely either on the exchange of goods and services by barter, i.e., in return...

Economic Theories and Their Effect on a Company

A business is affected by various regulations that determine its success. These regulations are meant to guide and control the running of a business. If a business does not adhere to policies, then it may end up collapsing. Most entrepreneurs that do not meet guidelines required by the government end...

Lebanon’s Financial Crisis and Governmental Measures

Introduction Lebanon is known to be facing a financial crisis that continues to worsen. Unemployment, as well as poverty rates, have rocketed, and the currency has devalued substantially, which threatens political stability not solely in the country, but in the entire region. Considering this, it is critical for the Lebanese...

Consumer Buying Behaviour Overview

Executive Summary Two mobile phone customers are analyzed in this report. One consumer A, purchased Samsung Galaxy S21 5G to replace Samsung S7 after losing his previous phone. Customer B purchased iPhone 12 Max as an upgrade from iPhone 11. Customer B has a habit of upgrading to the newest...

AMZ Bank’s Main Problems and Their Solution

Introduction The realities of today’s economic conditions are based on meeting the constantly changing needs of customers, increasing labor productivity, and maintaining a leading position in the market. A commercial organization is a social system that develops according to business principles, but production capacities and a management system act as...

Globalization After World War I

The emergence of the global economy corresponds to the aftermath of World War I, and the battle of governments and markets for control over the field brought unexpected results. The establishment of strong ties among the nations and the expansion of trade and migration contributed to the revival of globalization...

Comparing American Dream Collapsing and the Fading American Dreams

The first article is American dream collapsing done by Jim Tankersley in 2016. The author is writing about the decline in several children earning more than their parents. In 1940, 92% of children earned more than their parents compared to 46% in 1980 (Tankersley, para 2). The biggest conversation is...

Researching of Financial Ratios

Financial ratios allow a business to assess many aspects of the performance, being an integral part of financial statements analysis. The ratio compares companies, industries, different periods of activity of the same company, and the results of the organization with the average industry ones. In financial statement analysis, the following...

Fair Enough? Big Business Embraces Fair Trade

The involvement of big business in fair trade has both advantages and disadvantages. On the one hand, fair trade promotes the production of certified goods, fosters stable long-term trading partnerships between suppliers and retailers, contributes to the development of online shopping and global marketing, and minimizes the involvement of intermediaries....

The Efficient Market Hypothesis Definition

The purpose of the capital market is the efficient reallocation of funds between investors and borrowers. Individuals and firms may have excess capacity to invest in production but do not have sufficient funds to use them all for their purposes (Renshaw, 1984). If the capital market exists, they can borrow...

Ways to Measure Economic Profit

Profit is usually perceived as earnings and measured by subtracting costs from revenues. However, there are different types of costs: explicit and implicit. Explicit costs can be directly measured and expressed in monetary terms, for example, wages, rent, and utility costs (Orsag & Džidić, 2018). Implicit costs refer to the...

Norway as a Country for Conducting Business

Perhaps one of the most picturesque countries on earth thanks to its mountainous landscape and the midnight sun in Norway, which is, in addition, an attractive destination for business ventures. Norway’s relatively small population does not impede the country’s purchasing power equals to the world’s largest economies due to its...

Border and Migration Management

Introduction Borders play a significant role as they regulate and facilitate the trades and movement of people from one state to another. Additionally, effective border management can allow nations to achieve a more balanced approach to border management that enhances a country’s security. Migration management is another essential aspect that...

Financial Regulation and Legal Aspects of the Economy

Introduction The issues of the crisis continue to be relevant: the abundance of goods on the market and the stock exchange does not justify their poor quality. Companies and corporations with influence over public opinion are responsible for this abundance. The crisis of 2008 was a companion to discussions of...

Researching the Concept of Globalization

Globalization is a widespread phenomenon that determines the economic and trade processes all over the world. With the development of technology and significant achievements in cross-cultural communication, different countries and nations nowadays can exchange goods and services freely. In each country, people may find production from various parts of the...

Marx’s Objections to Capitalism

The body of doctrine created by Karl Marx and, to a lesser extent, Friedrich Engels in the 19th century does not lose its popularity to this day. Marx refused to see his teaching as pure philosophy: if anything, he criticized other philosophical movements for their alleged inability to shift from...

Economic Policy and Goals. Economics Issues

Economic growth is difficult to project because it is associated with many drivers. Tran (2019) claimed that economic freedom is the main economic growth propellant. Economic freedom refers to protecting private property and reducing public intervention on private issues, including limited restrictions on consumption, distribution, production, and markets. (Oussama et...

US Economy Affected by COVID-19 Crisis

Introduction The current situation in recent years associated with the pandemic of coronavirus infection has changed the world and made its adjustments to the modern realities of the whole world. However, the USA was selected for analysis since it is of certain interest. The fallout from the Covid-19 pandemic has...

How the US Solves Economic Disparity and Injustice

Introduction Economic disparity has always been a hot-debated topic and relevant problem in the United States. The vast difference in wealth between the rich and poor people constantly promotes social inequality, decreases economic growth, and increases political tension (Stiglitz 4). Additionally, the relationship between economic disparity and the said complications...

Current Events in Macroeconomics – Monetary Policy

The problem discussed in the selected episode of the podcast is related to the recent changes in citizens’ wages, which, surprisingly, do not bring extra income. These outcomes are conditional upon the ongoing inflation resulting in rapidly growing gas prices, which becomes an obstacle for some people (Smith, 2021). The...

Entry into Emerging and Developed Markets

Introduction Improved productivity and changing consumer needs have motivated many company owners to globalize. Top executives of large firms, particularly in North America and Europe, recognize that internationalization is the most significant challenge they confront today. Nonetheless, most companies have remained committed to the strategies they have used in the...