Economic Events: 1980-1989 the decade of greed. The era of Ronald Reagan when the rich got richer and the poor got poorer. Despite this common wisdom, 1980 started off auspiciously. On May 8, 1980 the World Health Organization hailed "one of the cen Continue Reading...
International Lending and Financial Crises There has been remarkable growth in the gross and net external positions and international capital flows in the last two decades. This represents growth of nearly three times among industrialized or develop Continue Reading...
During times of extreme pressure from the supply or demand side, the central bank is prepared to go in and support the currency, to help provide stability. This is significant because traders around the world; will use the major currencies as a way Continue Reading...
In 2004, FASB (Financial Accounting Standards Board) issued a draft meant to provide guidelines of how entities should estimate fair value prices for reporting purposes. Escape clause - is a part in any contract that specifies the conditions in whi Continue Reading...
Economic Policy and the National Debt Ironically, when governments overspend they typically find ways to refund or restructure debt -- when individuals or corporations within those countries do the same, the consequences are quite different. Money m Continue Reading...
With expensing, the first tax is abolished. Saving is, in effect, deducted in computing the tax." The following list summarizes the key aspects of the flat tax (Rabushka, 1997): 1. "The flat tax, in effect, removes the tax code from the economy. N Continue Reading...
Wall Street Journal (Sparshott, J (November 27, 2012) talks about Government inclination to convert the dollar bill into dollar coins. Whilst the public seems to mostly prefer the dollar bill according to the way it is and whilst Crane & Co., th Continue Reading...
" Meantime, a group called "Progress for America Voter Fund," an advocacy group that is part of the Republican Party, is spending $2 million on TV ads (one-minute spots) promoting the Bush Social Security reform project. "Some people say Social Secu Continue Reading...
The article concedes, however, that declining business confidence is an absolute danger that must be dealt with and the government not being an active partner with businesses and in favor of the recovery will just make things worse (Pollin, 2010). Continue Reading...
Macroeconomics Factors that lead to Growth There are several factors that lead to economic growth. They are physical capital, human capital, natural capital and technological change. Physical capital refers to the infrastructure that a nation has, Continue Reading...
Thailand during the 1930s and 1960s and compares its current day exchange policies. It has 9 sources in MLA format. The Thai economy, one of the fastest growing in the world through 1995, where trade is elevating and education is stabilizing. Despi Continue Reading...
Macroeconomics If anything, the United Sates economic situation is confusing. There are many sources of information all claiming a certain exclusive insight to what lies behind the workings of the economy. Local, state and federal fiscal policies ar Continue Reading...
American Revolution and Taxes There has always been an uneven and uncomfortable relationship among politicians, taxation, and the American people. The old saying, that death and taxes are the only certainties in life, remains nevertheless true. Taxa Continue Reading...
Federal Reserve The current state of the United States economy is not encouraging. Even though there has been false hope about it, the chances are that it will hardly last for long. The long-term trends that are negatively impacting the economy and Continue Reading...
The British created a well-educated, English-speaking Indian elite middle class d. new jobs were created for millions of Indian hand-spinner and hand-weavers The Indian National Congress can best be described in which of the following ways: Answer Continue Reading...
cell phone market is global in scope, with manufacturers and distributors in most of the developed world. However, there are five top-tier firms that clearly dominate the market: Nokia, Samsung, LG, Motorola and Sony Ericcson. These five firms accou Continue Reading...
Rick Santorum's official campaign put out the next ad, entitled Obama Ville. It was released on March 23, 2012. It creates the image of empty American towns in 2 years, and uses very dark imagery and almost horror-genre like angst. The images of th Continue Reading...
International expansion is one of the growth strategies that are embraced by companies in order to improve their bottom-line/profitability. In this paper, we present an elaborate international marketing strategy for Red Bull energy drink. The marketi Continue Reading...
business world, to be able to plan and to track and also to forecast the relevant economic indicators that would make or break the business. Scenario planning is one tool that can be utilized for just this purpose. What it does is this: it helps the Continue Reading...
98 at the end of 1997. This is reflected in both an increase in credit card debt and sharp increases in housing prices. The latter is the single largest source of debt for most consumers, and increases in housing prices have meant that increasing pro Continue Reading...
Gross Domestic Product (GDP) is a way to assess the strength of an economy. Basically, it is the end value of all the things produced in our country. For example, the end value of a bushel of wheat (i.e. The amount of money, in USD, that a bushel of Continue Reading...
Using a timeline from the peak of new housing construction to the present day, the following occurred. GDP growth slowed, followed by a three-quarter recession and slow growth has resumed on the other side of that recession. The unemployment rate sk Continue Reading...
aid President George W. Bush in policy formulation. It is an all-inclusive paper dealing with a wide range of issues such as the American economy in general- discussing issues such as budget deficits, tax cuts, medical assistance and benefits for re Continue Reading...
Account Deficiency in U.S. There are consequences when the amount of money a country spends abroad is very different from what the country receives from the outside world. The current account balance is an abstruse economic concept. In countries tha Continue Reading...
With these criteria in mind, we will turn attention to the current federal budget, which has been in deficit status since 2002, and seems destined to remain so for the next several years. The FY2006 proposed budget includes a $390 billion deficit, Continue Reading...
Liquidity Liquidity can be defined as the ability to convert an asset into cash quickly. In order to further explain, we can say that cash is the most liquid of all assets. With respect to financial assets liquidity is an important concept because Continue Reading...
The forecast provided by Allen Sinai gave the reader a somewhat accurate analysis of the macroeconomic phenomenon. However, there are also a few problems. Sinai estimates a 0.4% increase in 2005 for the consumer price index, which is not actually c Continue Reading...
The depreciating dollar improves the price competitiveness of U.S. exports in the foreign market thus reducing the deficit in the balance of trade. Dollar depreciation has a quicker and stronger impact to the exports than it has to the imports. The Continue Reading...
trade relationship that exists between the world's two largest economies has faced trouble and frustration in the past decade. Japan and the United States have had a strong relationship since they became economic powers in the post world war II peri Continue Reading...
Resulting from the devaluation of China's currency was an exacerbation of problems throughout Asia. VII. 1995-96 -MINI-RECESSION, DEBT PROBLEM, ACCUMULATION In the summer of 1995, the reversal of the chronic weakness of the dollar resulted in the Continue Reading...
Japan has been, for the past ten or twelve years, a miracle of contradictory economic factors. Japan experienced little inflation, little economic growth, a deterioration in trade, more government spending than previously, and unreliable savings and Continue Reading...
Both saving on a microeconomic sense and saving on a macroeconomic sense entail taking he long-term view into perspective for it means surrendering immediate gratification for achieving long-term goals, sometimes -- as in the microeconomic context Continue Reading...
Federal Funds Rate The federal fund rate was part of the solution, comprised in the Federal Reserve Act of 1913, to centralize the banking system and gain public control of the money supply, inflation, and economic growth. The banking crisis of 1907 Continue Reading...
The general fund collects over 86% of the total tax revenues and is the primary funding source for most commonwealth agencies. General fund tax revenues The largest significant source of tax revenues net of refunds is personal income tax. Reported Continue Reading...
Bonta states of Rome that, by the first century B.C., sexual mores had been abandoned, and the former sanctity of marriage forgotten. Crime, once almost unknown in Rome, became rampant. In such an environment, Rome became an easy target for politica Continue Reading...
Credit Risk Management Banks are an important part of the economy of any nation. Traditionally, the banks operate as financial intermediaries serving to satisfy the demand of people in need of various forms of financing. Through this, banks enable p Continue Reading...
Traditional manufacturing industries are at a loss due to the trade deficit and many setbacks the whole nation has faced. Consumers are very dependent on debt due to re-mortgaging the properties to attain higher loans. Due to the sub-prime market fa Continue Reading...
Asian Economic Crisis In the summer of 1997, an economic and currency crisis rocked the Asian markets. One by one, southeast Asian countries such as Thailand, Indonesia, Korea and Japan saw their economies crash in the wake of heavy foreign investm Continue Reading...
This situation, combined with the fact that countries from the former Soviet Union produced less oil, made the Western countries to consider Saudi Arabia their main oil supplier. Saudi Arabia responded to the increased interest showed by the West b Continue Reading...
("House Passes Bill to," 2006, p. A06) Another general false conception is that "colleges are increasing need-based scholarships as opposed to merit-based scholarships... (however,) the College Board's annual report shows that at the state level, t Continue Reading...
