2401 samples of this type
The emergence of the New Deal came in a time of severe economic and social struggle. This also allowed for political division and the promotion of varied and even conflicting interests. However, the New Deal aimed to improve the lives of the regular working class as well as the operations...
For a long time, the Democratic Republic of Congo (DRC) has been considered as a country unattractive for Foreign Direct Investments (FDIs). Since the 1990s, the country has experienced endless periods of violence that have hampered its political stability and economic growth. There are high rates of poverty and unemployment,...
Considering the specifics of the question conditions, I would choose a balance sheet to be conducted if only one form of the financial statement was possible. The relevant criterion mentioned concerned the potential for credit extension towards suppliers by a total of 60 days. An income statement would therefore not...
Introduction In light of the article by Anna Wiener published on September, 15, 2021, the matter of tariffs deserves a special notion. As Mrs. Wiener (2021) points out, “steel tariffs imposed by the U.S. in 2018 led to a shortage of steel sheets”, which led to the increase in production...
Financial services are those offered by banks and other financial entities in the financial sector. The phrase refers to mobilizing and allocating funds and encompassing all operations involved in converting savings into investments. Life insurance and annuities are two examples of such services (Alpman & Ünal, 2019). On the one...
“Fiat” money is a currency issued by governments that is not tied to physical products such as gold and silver. The currency value is usually set by the ratio of supply and demand and regulated by governments’ financial departments. USA dollar, euro, pound, and many other stable currencies are called...
Deep Economy by Bill McKibben gives an insight into the current United States economy and how the future of the nation is in danger if the current economic processes continue being followed. Bill McKibben describes that the United States has become obsessed with getting more material items rather than acquiring...
The Term “Economy” Christopher Dodd once quoted “economic growth and environmental protection can and should go hand in hand”. Societies, governments, and countries rely on the concept of the economy to control the nature and processes of production and consumption. The formal definition of this term is the state of...
Deregulation in the financial sector was the primary driver of the 2008 financial crisis because it gave banks the power to fund trading activities with derivatives. As a result, banks raised their mortgages to cushion the derivatives sales, which brought more profit (Bernanke 251). Similarly, the move encouraged more borrowing...
Economic growth is a concern of every government, and it is upon it to formulate policies that promote effective development across different sectors. There are various contributors to the performance and success of the country, like corporations and other big agencies. The common citizens also play a vital role in...
Gros, Daniel, and Alexandre Ounnas. “Labour market responses to the Covid-19 crisis in the United States and Europe.” CEPS Working Document No. 2021. Web. The effect of the Covid-19 on unemployment is investigated in this article by evaluating and comparing labor market responses in the United States and the United...
Different countries handle currency crises and economic downfall differently due to their policies and structure. An excellent example is the distinction between the response by Russia and Britain. The rapid decrease in the value of money renders the financial plight. The key solution to fighting the impasse in a nation...
There are several key risks to the U.S. economy right now that could reduce the country’s growth rate. The spread of the Omicron Coronavirus strain threatens to reduce U.S. employment and economic activity, and increased economic uncertainty will contribute to inflation. A new outbreak of the infection in the country...
Introduction Taxation is an essential mechanism the government uses to get the finances required to live on and conduct public services. It is a type of system that is very complicated, and it involves all government levels. Additionally, tax policies exist to achieve several other policy goals. However, cutting-edge customs,...
Introduction The reduction in trade blockades has augmented globalization, leading to amplified international trade. As a result, individuals and organizations have become more interconnected and unified, leading to growth in trade and exchange of culture and values, among others. However, the spread of globalization has generated adverse effects such as...
Abstract The present paper provides an analysis of American Express to make predictions concerning the success or failure of the company in 2021. Despite the unfavorable macroeconomic situation in the world, American Express managed to stay profitable even during the time of the pandemic. Even though the company’s total revenues,...
Bonds or debt securities play a significant role in economics and are quite popular among investors. All people purchasing bonds are likely to strive to maximize their profit due to them. Obviously, it is also necessary to realize that there are certain risks related to the bond’s cost. However, investors...
Despite the COVID-19 pandemic, which has caused various economies around the globe to fumble and struggle, the housing market in Singapore tends to remain in a healthy status (Global Property Guide, 2021). However, it is true that the increased demand created by the delay of the housing board for Singapore...
Situation Analysis of the Status Quo of South Africa’s New Energy Strategy The near future poses significant challenges in the form of a power crisis for the countries of South Africa. Lack of industrial infrastructure is already making itself felt as many cities in the region are experiencing periodic load-shedding....
This report analyzes how the COVID-19 pandemic affected the economic aspect of the African American communities. A female and two males were interviewed on their lives during the pandemic, how it affected their employments, and how the economic strain resulting from the loss of jobs affected other aspects of their...
Abstract Financial markets have been under a lot of pressure, volatility, and uncertainty since COVID-19. Since the end of February 2020, global financial markets have been in a state of extreme uncertainty. Unlike other pandemics, the spread rate of COVID-19 is much higher and more challenging to control. This paper...
Disability income insurance is a supplemental policy that protects policyholders from losing their income if they cannot work due to illness or an accident. Government-sponsored programs, private employer-sponsored groups, and personal individual disability income policies are types of disability income insurance. Therefore, this essay discusses the benefits and drawbacks of...
The Great Depression will always be remembered in the history of the U.S. and Canada as one of the darkest and most desperate times. However, for Canada, the economic recession observed on the nationwide level, also elicits an overwhelming feeling of shame for a good reason. Unless the excessive focus...
In his article, The Nature of Economics, Heilbroner (1995) discusses the purpose and relevance of economics in contemporary society. While acknowledging his views could be contentious to many readers, he underscores that “economics is concerned exclusively with the study of capitalism” (Heilbroner, 1995, p.22). This aspect leaves out 99% of...
The change from local to the international economy is a crucial concern for the field of ethics. Globalization has several implications for the business environment, among which are the expanded access to resources, interdependence of international companies, and improvement of the labor force (Ast, 2018). However, the ethical consequences of...
Corporate social responsibility (CSR) is an idea created outside the directorial experience and contains inflexible implications that lack transparency and relevance. Corporate social responsibility is simplified into four categories: environmental, philanthropic, ethical, and economic responsibility (Salvioni & Gennari, 2017). Several studies tell how CSR elements drive customers majorly through a...
The first thing I have learned from watching the video is the importance of uniting to create a global world. Globalization makes it easier to solve universal challenges that affect populations nationally and internationally, such as unemployment, disruption of migration flows, and climate change (Cahen-Salvador, 2020). Secondly, I have learned...
Government’s Goal In Cutting Taxes Reflected In the Budget Amadeo, K. (2022). Tax cuts, types, and how they work. The Balance. Web. The article is devoted to tax cuts and their impact on the economy. The most evident thing about tax cuts is that citizens approve of them more than...
Introduction South Africa’s economy has been considerably affected by the drastic conditions of the global crisis. The country’s economic processes are insignificant for now, given the apparent slump and recession indicators. Hence, it would be relevant to discuss the current economy’s state of the country. Below, three main macroeconomic problems...
Globalization is an objective reality of the modern world. It is impossible to deny the processes of unification, standardization, integration in all spheres of human society taking place in the world. The conditions dictated by globalization actualize the problem of cultural uniqueness and cultural self-determination, including identity. In the context...
Introduction Raising taxes is a rather controversial and contentious moment in solving financial problems in the country. Without any doubt, such measures are necessary to correct the issues gathered in the American economy. Nevertheless, there are multiple cases in world history when such procedures led to chronic and structural “distortions”...
Labor Share Sustainable development is the core principle of the humanistic approach to the environment, social and financial inequities, cultural diversity, and other fundamental areas of prosperity. The United Nations (UN) organization proposes seventeen goals of sustainable development that aim to eliminate poverty, contribute to the ecology and political safety,...
Introduction Many theories of international trade have been developed to explain the relationships between partner nations. Many countries appreciate the need for doing business with others because of the underlying benefits, including faster growth, improved productivity, and innovation (The World Bank, 2018, para. 1). According to Gani (2017, p. 280),...
Poland, where the communists changed the rule and the economy of the land, was invaded by the Soviet Union between 1945 and 1989. Using the Red Army, the Soviet Union ensured the destruction of all anti-communists in the country (Bukowski & Novokmet, 2021). The opposition would be exiled or sentenced...
Climate change on the planet is causing the UN to sound the alarm. Global warming is exacerbating the impact of weather-related disasters and can lead to significant losses in income and productivity over time. Emerging economies in the equatorial regions will suffer the most from rising temperatures. That is why...
Introduction New York tops the list of the states in America with the highest tax rates. At 12.7 percent of the state’s total income, New Yorkers bear a heavy local and state tax burden (Cuomo, 2018). New York’s operating fund as of 2018 was $100 billion, 79% of this is...
Starbucks’ fiscal year 2020 results reflect the challenges businesses face worldwide due to the COVID-19 pandemic. It severely impacted the company’s results, especially in the second and third fiscal quarters. Consolidated revenues fell 11% to $23.5 billion in fiscal 2020 from $26.5 billion in fiscal 2019 (Starbucks Investor Relations, n.d.)....
Jean Tirole: Market Power and Regulation In what is perhaps the culmination of his life’s work, Jean Tirole: Market Power and Regulation encapsulates the efforts of a man focused on revolutionizing global economics. Tirole’s decisive and methodical approaches to issues such as competition and regulation have improved upon existing theories...
Research Economic disparities are generally connected to a variety of societal factors determining the conditions of the environment for promoting progress. The link between the two areas can be supported by conducting an analysis of the situations in two different countries, one of which is an advanced economy, and another...
The Federal Reserve System (FRS) is one of the most powerful financial institutions, having a huge number of tools to effectively manage the economy. Ben Bernanke demonstrated similar actions that made it possible to stabilize the market after the Great Recession of 2008. The purpose of this essay is to...
Introduction The efficiency of a marketing campaign depends on how well a company understands the values, priorities, and interests of its target audience. The present research proposal describes methods of analysis of consumer behaviors of Generations X and Y in the US and China. The paper also includes the schedule...
Explain how overall national savings is related to overall investment and why savings is always equal to investment. Savings are a part of income that is not consumed now, that is, the accumulation of finance. Therefore, savings, formed by the difference between income and expenses, are the primary investment source....
Four Fallacies About Trade and Globalization by Ajai Gaur and Ram Mudambi (2016) analyzes fallacies of the arguments against globalization and trade. The authors emphasize that these arguments fail to consider the fundamental economic principles and empirical evidence. Although the authors’ views are robust and applicable to developed economies, rising...
Introduction South Africa’s economic history in the twentieth and the twenty-first centuries illustrates the narratives of discrimination, national pride, and long-awaited economic growth. Following the end of the apartheid system, a system of legalized segregation by race, South Africa has embarked on a journey to economic stability. This essay will...
Background Credit ratings serve as vital tools for the investor, especially when they need a precise analysis of the organization’s position at a glance. Studies by Lizarazo (2017) have shown that credit ratings influence the investors’ decisions on whether they will invest in a particular organization or not. Therefore, Fitch...
The quality of Indian politics has reduced drastically over the course of the past two decades. This happened because of the changing modern-day realities that averted many political figures from living up to societal expectations (Sinha & Wyatt, 2019). Even though there are numerous policy projects pushed by interested parties,...
Many entrepreneurs are faced with a choice: to develop a business using personal resources or to attract third-party capital – in order to reach profitability faster. Investments are often required at the initial stages of project development when they are directed to the launch of the first sales. First of...
Introduction As time goes on, the world population increases, as well as the demand for clothing. This demand is expressed not only in a necessity for clothing as a way to conceal or cover one’s body but also as a statement and a pipeline to provide joy. This essay discusses...
This paper will present a discussion of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) Agreement. The agreement was signed by eleven member states on March 8, 2018, to enhance trading activities between the countries. According to Suomimen (2021), eleven member states formed the regional trade agreement. The first set of...
Introduction A strong brand should maintain its values and identity while entering international markets and adjust it to specific needs. Companies tend to adapt to local cultures through global and regional branding in a process called glocalization. Glocalization is preserving and strengthening local differences instead of their supposed disappearance due...
Introduction The “Gnomes” refers to the seventeenth episode in the second season of the South Park series. The series follows Stan, Kenny, Cartman, Kyle, and Mr. Tweek’s son after writing a report according to Mr. Garrison’s instructions. Harbucks plans to start selling coffee in South Park, threatening Mr. Tweek’s coffee...
Introduction Debt is a dangerous form of money that significantly affects overall credit history and adversely affects future financial standing. Individuals are at high risk of losing assets if they fall behind on payments or fail to repay debt. The general accumulation of debt results in the closing of all...
The Asian Tigers is a general term used to describe the economy of Singapore. The Asian Tiger countries are driven by the rapid form of industrialization and exports. In addition, the nations have retained a higher percentage rate of economic growth from the year 1960 hence joining the ranks of...
Introduction China, one of the largest developing countries, is the world leader in investment inflows. Reasons for China’s strong position on the global stage include a large consumer base, an integrated supply chain, and recent legislative improvements, including the Foreign Investment Law (“Investment Climate”). Investors entering this market are often...
Global inequality is a complex issue, the measurement of which is complicated by the number of factors involved. The problem of global economic inequality has pushed its way into the national and international conversation and the ongoing debates about the need to raise the minimum wage to ensure the improvement...
Introduction The essence of trade revolves around the relationship that is formed between the seller and the buyer. The former can exist as a distributor of the product or the provider of a service, whereas the latter is represented by an individual or group consumer. In this bilateral relationship, both...
Definition of the Key Term Lomé Convention & Cotonou Agreement are free trade agreements that allow regional economic integration by reducing international barriers to trade. Lomé Convention agreement was developed to provide aid to ACP nations and allow preferential access to exports from ACP nations. Cotonou Agreement was founded to...
Introduction Germany is a country that has a long history and has always been at the forefront of global economic development. At the same time, in the 1990s, Germany’s economy encountered a downturn which gave the country the name “The Sick Man of Europe” (Notermans & Piattoni, 2021). Still, Germany...
Kenyan history dates to the Stone Age era, making it one of the most extensive and complete records of human cultural development worldwide. This is due to the country’s conducive environmental factors for human survival and growth. Kenya gained independence in 1963 from the British colony, after which it stimulated...
In the modern world, there is a high level of competition between companies, with their pricing strategies being crucial factors that impact customers’ loyalty to a brand. The existing pricing strategies differ in their use by numerous organizations, especially in the marketing strategies of those organizations on the Internet (Ali...
Introduction A common perception in society, when looking at what it means for a company to be successful, is that it should be looking to globalize to achieve greater market growth (Rossum, 2015). It is suggested that a business should be scanning opportunities across the globe in order to respond...
Direct foreign investment (DFI) occurs when a business or a person claims at least a ten percent ownership of a foreign corporation. Although this percentage does not give a controlling interest to the investor, it permits the influence over the firm’s operations, policies, and management (Erdilek 17). Subsequently, unlike a...
The unemployment rate is one of the integral showings affecting the countries’ economies. Additionally, the COVID-19 pandemic hugely affected the state of long-term unemployment in the United Kingdom, as well as other countries around the world. Hence, during the coronavirus strike period, certain populations or groups of able-to-work people are...
Introduction The enigmatic Satoshi Nakamoto initially introduced Bitcoin nearly ten years ago, and since then, it has survived many attention and value bubbles. It was invented, revised, and reused after a contentious revision. Although Bitcoin has not proven to be a practical form of money in most situations, it has...
Executive Summary Australia, much like other countries around the world, was severely affected by the effects of the Covid-19 pandemic. Before 2020, the nation has experienced moderate rates of growth and development, accentuated by slow trade rates and a general calm period. However, with the regulatory measures brought upon by...
The financial analysis determines the most effective ways to maintain or increase the enterprise’s profitability. The main tasks are to analyze the profitability and assess the company’s risks. Financial ratio analysis allows the managers to understand the organization’s competitive position at the current time. One of the sources of required...
Overview of the Real Estate Business Globally and in Australia The real estate market possesses an enormous financial potential; thus, it is an attractive investment field. Indeed, this field is not as risky for investing because even though house prices fluctuate, the demand remains high (Parle, Joubert, and Laing, 2017)....
Introduction Coronavirus pandemic: a powerful force that has shaped every area of social and business interactions; Real estate: one of the least considered yet most affected areas; Himmelstein (2021): eviction being a tremendous problem affecting the livelihood of vulnerable groups (aging people, women, and ethnic minorities); Eviction: “exclusion of people...
The notion of the race-to-the-top approach might be considered as a novelty to business strategies, as well as to public policies. Its primary aim is to deal with the gap between developed and emerging economies within the scope of the economy. This paradigm is founded on the advancement (or value...
The 2020-2021 financial crisis due to COVID-19 significantly differed from the 2009 Great Recession. First, the causes and nature of the crises were different. In 2009, the economy imploded and partially collapsed due to the financial system, a range of poor oversight and negative decisions led to the crisis. Meanwhile,...
The Significant Trends for the Company’s Investor Ratios It is known that there are many financial ratios intended to provide an insight into a company’s performance with different purposes. For instance, profitability ratios are often analyzed by investors who decide to buy a company’s stock or not. In this case,...
The introduction of CryptoKicks non-fungible tokenized (NFT) shoes is beneficial for Nike since that technology would cut the losses from counterfeit exclusive models. However, the consumers would also gain several advantages from purchasing CryptoKicks. Most importantly, tokenization would immensely help in proving the authenticity of the shoes. In addition, NFT...
Background In the contemporary world, the global economy is a sphere that connects multiple sectors, and therefore, depends on different events’ influence. Attack on one of the largest United States pipelines, which carries almost half of the East Coast’s fuel supplies, is severe damage to a well-functioning system. It implies...
Calculating a personal budget is of crucial importance for financial independence, as it allows you to understand the process of operating money. Fedosov et al. (2021) state that “long-term budget planning is especially important in conditions of high financial dependence” (p. 1). It is clear from my budget table that...
This paper examines the valuation of Volkswagen AG to determine the adequacy of the stock valuation. The company currently has a P / E ratio of 5.78 as of August 2021 (YCharts, 2021). The automotive industry currently has an average of around 10, but many companies in the same sector...
Introduction COVID-19 sparked many changes that affected various aspects of life, including the economy. Categorically, the economic indicators can fall into two primary areas, namely macroeconomic and microeconomic. The macroeconomic segment covers factors that affect the entire republic or many players. The typical examples are the interest rate, the unemployment...
The process of globalization is often viewed as an exclusively modern phenomenon that has arisen due to the development of multinational corporations and technological innovation. However, historians have been considering the periodization of world integration for a long time and also trying to determine the time of its beginning. Nevertheless,...
When defining the target settings for the activities of an organization, the diverse interests of various parties should be acknowledged. Stakeholder theory presents a universal approach that considers the interests of stakeholders and an organization (Fernando and Lawrence, 2014). The main stakeholders are investors, consumers, competitors, suppliers, and financial institutions....
Introduction The strength of Australia’s economy and its opportunities for trade with other countries are represented by the country’s unique position. During the past twenty years, the sizes of the economies in the Asia-Pacific region have grown significantly, as illustrated by their rising GDPs. Therefore, Australia gets strong and reliable...
Introduction GDP, or Gross Domestic Product, is one of the common measures of a country’s economic development. Calculated by adding up the value of all the goods and services produced in the country, the GDP is widely understood to be a sign of a well-off country. This measurement is applied...
Corruption is one of the biggest problems a government can face. U.S. President Joe Biden has declared war on crime against money laundering. The latter include gray schemes for buying houses for cash and investing in offshore shell companies. According to Glink & Tamkin (2021), roughly a third of total...
The economy of the Russian Federation is based on the rapid development of the most profitable sources of overall revenue, which is funded by the government. It means that the official policy of the country is the main driver of its future successes in this respect. The initial examination of...
Introduction The article by Barry at al. “Performance Characteristics of Emerging Capital Markets” (1998) describes the capital markets in developing countries. These markets are believed to have a great potential for development, as long as about 80 percent of population belongs to them. Now they produce only 20 percent of...
One of the most unfortunate situations in a country’s economy is inflation. A more extreme form of it is hyperinflation, which can be defined as the rapid increase in inflation and dramatic drop in the value of a currency (Mastan Travel, 2013). The prominent historical example of this phenomenon was...
Introduction Human society has evolved, over the decades, under the gradient of technological advancement hence fostering a change in the business culture operations. It is a phenomenon that renders proficiency in competence across the global enterprise market. Researchers argue that the intensification in the incorporation of automation structures and the...
Introduction It is known that any country’s economy can be influenced by both external and internal factors, which can be beneficial, or on the opposite, deteriorative ones, in a particular situation. At the end of 2001, Argentina was in an economic crisis because of the partial deposit freeze, public debt,...
Production Possibility Frontier graphs are widely used both in macroeconomics and microeconomics. For the first case, the graph might show the level of efficiency in the production of several goods for a nation, for the second—is for a company (Krylovskiy). In the paper, a graph that reflects the hypothetical PPF...
Summary Financial investment is an important part of any comprehensive financial growth. Without financial growth, it is hard to achieve financial growth. In this case, my objective is to identify a financial investment option for my client. The client has $100,000 to invest in either a bank account or a...
Summary Despite the level of development of technology and society, modern Africa is not much different from its historical copy. This stage of development is a locality in which numerous social problems are particularly acute. Thus, the population is forced to live in frightening conditions, including the economy, minimal sanitation,...
Introduction The Canadian Liberal Party has Prime Minister Justin Trudeau at its head. It was he who brought the party to majority rule by 2015, but by 2019 the number of Liberal parliamentary seats had declined (Jeffrey, 2021). By 2021, Justin Trudeau called early elections, hoping to regain a parliamentary...
Introduction The economic recession has a variety of negative repercussions on the economy, including increased unemployment, weak economic development, and reduced investment, among other things. To deal with a recession, many economic techniques are frequently employed. A recession also denotes a considerable reduction in general economic activity, largely a consequence...
ReDefine key customer is a young person who uses the internet to research and plan their travel around the world. The exact consumer can be described as an escapist and learner. As an escapist, they are thrill seeking and adventurous, always open and ready for destination and content discovering and...
The delineation between the public and private sector is often emphasized in legal regulations and requirements, yet the differences between the two may not be visible to a side observer. Indeed, the similarities that the public and private sector share place them in the same economic context, allowing both publicly...
Each country adopts its laws regarding the minimum wage for the local population in order to stop the exploitation of workers. In fact, these laws establish the line that cannot be crossed by employers who legally hire other individuals. The majority of countries had adopted regulations in the context of...
How a “synchronous global recovery” is occurring and the reasons for it The COVID 19 pandemic is known for a variety of consequences, the most significant of which are economic ones. However, this situation is expected to improve many sectors of activity and all regions of the world eventually, as...
The main reason why an investor would pay attention to the balance sheet is the presence of detailed information on liabilities and assets. The significance of all the resources that an organization either owns or owes could become decisive in the long run, protecting the team from unexpected losses or...
It is hard to disagree that investments are a challenging process that requires special attention, careful consideration, readiness to risk, and thorough analysis of the situation and its circumstances. When talking about projects, some people are certain of their future success and are ready to invest all their money into...
Karl Marx is a famous philosopher known for a variety of economic works discussed and applied today. The most outstanding work is devoted to discussing capitalism and its components. Cooperating with Friedrich Engels, Marx created a small political group which is known as the Communist Correspondence Committee (Lebowitz 2020). Among...
Introduction Residential ownership and property rental businesses are profitable and financially rewarding. Unfortunately, being a landlord is one of the most challenging jobs on the planet because it entails dealing with individual’s issues without invading their privacy. Bear Estate Properties, LLC is a single-member limited liability company registered in Florida....
The socioeconomic environment is how individuals and communities produce resources required to meet their human and basic needs. The socioeconomic environment includes education among people, access to medical services, and occupational status. South Africa is the chosen Geographical area because it has a diverse culture. Despite the diverse African culture,...
The article “The Fed and the Great Recession” describes the role of the Federal Reserve during the 2008 crisis. It focuses on the implemented monetary policy, which was expansionary in nature, and criticizes its consequences, which were ambiguous (Summer, 2016). The author believes that banks being conservative contributed to the...
Japan was hit by a devastating earthquake in 2011 in its eastern region. A few minutes later, there followed a massive tsunami which was approximately 100-foot waves. The earthquake claimed over 100 lives, but the severity of the matter was when the tsunami spiked where over 20,000 people were reported...
Introduction Behavioral economics is a discipline that studies human behavior and its reasons. Its subject is influences experienced by humans that change their behavioral patterns and force them to make certain decisions. It is deeply connected with marketing, as instruments for influencing human behavior are widely used for advertising. Behavioral...
The far-reaching consequences of globalization can sometimes be very obscure. Just like preeminent technological developments, globalization contributes to civilization as a whole but also inconveniences others. In terms of global trade, helps in reducing the isolation of poor countries by increasing specialization, it expands access to information through trade, increases...
Market Inefficiencies Caused by Monopolies The simulation game taught me that monopolistic models are detrimental to both market actors and consumers. The dominance of monopoly in the marketplace produces two types of inefficiency, namely consumer exploitation and allocative inefficiency. When only one entity rules the entire market, consumers cannot purchase...
Time value of money (TVM) is a valuable instrument that helps comprehend the value of a currency in relation to a given period. It is a method frequently applied by investors to understand how the current worth of money compares to that of the future. The time value of money...
Introduction Marine ecosystems are exceptionally important to the economic well-being of the Indo-Pacific region. Indeed, coastal populations and Pacific Islanders heavily rely on the oceans for food, storm protection, as well as a variety of recreational activities. Furthermore, these ecosystems are vital because of their economic benefits as they support...
Introduction The modern world is characterized by a high level of globalization and multiple travel opportunities. The development of different means of transport, especially civil aviation, provided millions of individuals with a chance to move to numerous states. This openness is viewed as one of the most outstanding achievements; however,...
Executive Summary An investment portfolio is a model selection of investment instruments (stocks, bonds, ETFs) that meet a certain risk level and aim to achieve investment goals. Depending on the type or format of provision of ready-made investment portfolios, they may be aimed at achieving various goals: aggressive capital growth,...
Today, there are several ways to save money for retirement in order to provide funded income in the future. The two most famous methods are the 401k US private pension plan and the Individual Retirement Account (IRA). These two models imply some privileges in taxation as well as profitable accumulated...
Introduction Boroughs usually pursue recourse from some or all of their deficits through the legal process of filing bankruptcy. In the United States, cities have a right to petition for insolvency relative to chapter 9 of the federal bankruptcy code. This case study on Detroit’s municipality insolvency is key in...
Introduction to the Project The modern world is a global space where long distances are no longer barriers for people willing to travel. More than a billion people travel between countries across the world for various reasons. Nevertheless, this number has reduced significantly in the last one and half year...
At present, the increase in unemployment in the United States is associated with the country’s epidemiological situation and the tightening of quarantine measures taken by states and individual cities’ authorities. Unemployment rates are more critical compared to the 2008 economic crisis. Vedder’s point is that US citizens tend to work...
Econometric models have been traditionally used as a means of evaluating the chances of startup success for entrepreneurs and investors alike – it allowed for making an educated estimation on whether the investment would prove true or false. This type of evaluation relies on the assessment of both quantifiable and...
Introduction It would not be an overstatement to claim that the Great Depression era was one of the darkest pages in U.S. economic history. Causing the U.S. economy to suffer a tremendous collapse, Great Depression led to poverty rates spiraling out of control, while also affecting other countries such as...
The calculation of the Return on Security Investment (ROSI) entails the combination of the quantitative assessment of risk and the cost of implementing security to counter the measures of the risk. Security is often more complex to measure in that an investment does not offer increased revenues but does provide...
Since China is the most significant exporter globally, any changes in its currency have a substantial effect on the international market’s situation and macroeconomic landscape overall. In particular, the recent unexpected devaluation of the Chinese yuan renminbi (CNY) to boost exports provoked controversial reactions and had varied implications for many...
To some, the coexistence of the free market and politics of a democratic nature are inherently connected and cannot exist without one another. However, in recent years, the question has shifted into asking whether the two are compatible. It is also vital to understand that both capitalism and democracy have...
Introduction In the modern world, economics is all about distributing labor and wealth to consider the welfare of others. The concept that an economy will thrive in an environment where all economic players are treated well brought about economic justice. To achieve economic justice and eliminate the inequality created by...
Introduction The great depression of 1929 was preceded by a number of economic, social and political events. In Germany the depression was considered as the turning point of the economic and development jurisprudence. A historical interrogation of Germany between 1880 and 1933 presents a better understanding of this claim. Argument...
The analysis of various expenses of publicly traded companies provides the chance to understand that the factor of issue type may influence the organization’s choices. The flotation costs can be defined as the expenses of the company aiming to become publicly traded related to issuing new securities. When an organization...
Introduction Financial inclusion is important in improving economic growth by reducing income inequalities. Economists agree that reducing income inequality increases disposable income among the poor, which is a primary demand. Governments have attempted various strategies to tackle the issue over time. Income distribution through financial institutions has been given prominent...
The COVID-19 pandemic has posed a severe challenge to the business sphere, with many companies having to downsize or operate within a new environment with changing consumer needs. Due to the restructuring and shifting expectations surrounding business, there has been a spike in entrepreneurship, especially with workers being laid off...
Tax-payers face multiple regulations and rules that subject them to inevitable consequences or benefits, constructive receipt doctrine being one of them. Constructive receipt is responsible for reporting taxable income, more specifically under the cash-basis system of accounting. The most crucial distinction of constructive receipt is that it is solely applicable...
The crisis or the housing bubble of the United States was a real estate problem that negatively and significantly affected more than half of America. It had severe consequences, including the most serious economic recession in the U.S. since the 1930s Great Depression. The purpose of this paper is to...
The process of approval of a budget size for the next fiscal year is a compound, long, and nuanced one. Everything starts with the President’s budget request, a lengthy bill of all the discretionary programs that he suggests to be financed. Soon after that, the Houses of Senate and Congress...
The Lego Group is one of the most profitable and sustainable companies in the toys industry. This Danish organization has its headquarters in Billund. Currently, it designs, produces, and markets Lego-brand plastic bricks for interlocking purposes and other toys. Additionally, it has amusements parks in different parts of the world....
This assessment deals with how the Federal Reserve uses monetary policy and its monetary policy tools to try to stabilize the economy while meeting its dual mandate of controlling inflation and maintaining unemployment. Scenario 1 The economy of a hypothetical country has been stable for two or three years with...
Introduction This report concerns an analysis conducted by Diligent Consulting Group on behalf of the Loving Organic Food Industry. The consulting group wanted to establish the motivation behind customers’ purchasing habits. The survey targeted 200 customers within the market segment, out of which 124 gave their responses. The information included...
Introduction The decision-making process regarding future investments should be based on theoretical frameworks to avoid failure. They include forecasting errors indicating the difference between expected and actual outcomes alongside the net present value (NPV), which should be positive for accepting the projects. Therefore, this paper aims to clarify the former’s...
Executive Summary The long-term goal for UK in international trade is to be globally competitive. One major problem is the negative trend in trade deficit during the last decade with EU members. To achieve the best possible outcomes in the short-term and in the long-term for UK, key issues must...
Globalization as a process began several decades ago along with the restructuring of the world, the emergence of new states, and the development of new technologies. This process continues today, and arguments both in support and against this phenomenon are expressed regularly. Such a broad discussion of this event in...
Globalization is the embodiment of industrial, social, and economic revolution that helped overcome negative odds in people’s lives. It is a phenomenon that is treated as a turning point in developing the various aspects human beings were engaged in, as globalization is a real advent of prosperous humankind’s evolution. From...
Introduction Traces of financial crisis and negative externalities have been present across the banking sector for the last several decades, so their impact on economic stability can be explained via two inherent descriptions. The first vital concept is the existence of microprudential purposes that gave birth to balance sheet rules...
In Latin America, there are now three vectors of economic development. Some countries show high rates of economic growth, while others show an apparent slowdown, but there are also some states that are in deep crisis. Despite the countries’ success in the so-called “golden decade,” many of them are experiencing...
Among the numerous global crises, the coronavirus pandemic, which started in early 2020, has definitely occupied a specific place for its unique and terrifying impact. Having claimed the lives of more than one million and three hundred thousand people, it has strained the national health systems to their limit (WHO...
The successful development of a provincial region is complex due to the number of innovations that need to be introduced. That is why the example of Kunshan, located in southeastern Jiangsu, is so revealing. In just ten years, the city’s population has grown from 600,000 to over two million (Kirby...
Introduction Cryptocurrency is the currency that uses digitalized files or assets as a medium of exchange created using the same method. Cryptocurrency is not controlled by an individual or by any government as electronic money. The distributed ledger is the financial transaction database for cryptocurrency, and it contains all the...
Introduction In the selected article, the author indicates that markets have failed to return to normal following the end of the infamous financial crisis. The concept of secular stagnation tries to explain how such a situation has developed. It describes how an increasing susceptibility to save money and a decreasing...
When performing financial calculations, it is crucial to distinguish strictly between theoretical concepts. This will allow for a deeper understanding of the essence of the calculations being made and not to get confused when searching for a solution to a problem. In the context of this study, these concepts are...
The Role of Government in Market Economies Market economy refers to an economy, whereby it is little or no interference from the government and the prices and availability of goods and services are purely dependent on the forces of demand and supply. The various assumptions in a market economy include:...
The history of humankind counts many forms of economic systems that have existed to guide the development of society. Among the many alternatives, one of the most striking economic ideologies is capitalism. Capitalism, which uses money as a valuable resource for human relations, drives society toward competition and rivalry. This...
The country’s economic growth ensures the wellness of its citizens and indicates a high standard of living. The inflation and unemployment rates are two main factors contributing to economic development. Their proportions determine the rise and decline of the country’s economy. The crucial elements in understanding these propositions are aggregate...
The 2007-2009 global financial crisis was an unprecedented economic disaster which affected many countries simultaneously and led to a global recession lasting for years. The crisis was triggered by the proliferation of high risk-financial products connected to subprime mortgages in the context of a deregulated environment. The Great Recession put...
The modern world is filled with high-tech gadgets that are renewed every quarter, making people buy new items and discard outdated ones. The current situation on the market is called the materials economy that aims to design products that will function for only a certain period to encourage buying new...
Introduction The purpose of financial statements and reports is to communicate to users of accounting information the effect of activities on an accounting entity during a specified period and its financial position at the end of a given period (Graham and Meredith, 1998). According to Ittelson (2009), financial statements provide...
With the current political and economic climate, the concept of universal basic income provides many advantages. The majority of the support it receives is directly proportional to the desire to right systematic errors such as income inequality, poverty, and the unsure future of automation in the workplace. Many of the...
The IT market includes everything related to computers and the network. This industry is one of the fastest-growing in the global economy. It has a significant influence in the developed world and connects many essential aspects of life, such as the economy, government, and society. A person encounters the subjects...
Introduction Steel, aluminum, and tire tariffs are regulated by the US even in modern times. Their impact on the domestic and foreign economies has different consequences. For example, in 2018, the United States rebalanced metal tariffs to the worst for the European Union, to which the EU immediately responded with...
Introduction Individual Retirement Account was originally invented to improve the pension plans, which are still widely used. The fact is that, the pension plans were also improved, and nowadays, these are two different approaches towards paying retirement financial compensation. This paper aims to compare these two approaches, and give the...
