competing claims of justice in any economic system almost inevitably revolve around questions of freedom and equality. The society must answer these questions: what constitutes a truly free system so that people can pursue their economic interests? Continue Reading...
West to East Current Global Economic Trends and Their Lasting Effects: The Value Shift to the Eastern Hemisphere Since the beginning of the Modern Age, when global commerce first became a reality, the Western Hemisphere has had a much greater share Continue Reading...
American population is unemployed (Trading Economics, 2010). Because of such a high rate of unemployment, it is incredibly important to be a competitive professional in today's workforce. There are a number of ways to achieve this goal. Developing t Continue Reading...
The creation of jobs will be beneficial to Pakistan, as it will lead to: an increase in the standard of living, a decrease in social costs and an improvement in political stability. On the other hand, its neighbor India will benefit from Pakistan's Continue Reading...
PR Econ Lopez, Aide and Thomlinson (2001) discuss how the shift towards urbanization and away from an agriculture-driven economy has affected Puerto Rico. The authors note that in the 1930s, 43% of the island's gross national product came from agric Continue Reading...
Salt With American Economic History From time immemorial to the current age, the significance of salt to the human community and the animals has been vastly acknowledged. Ever since the time when salt made its entry, several millennia ago, it has va Continue Reading...
To an average individual within the United States however, the relevance is reduced, with importance only for gathering general knowledge on the country. The jurisdiction of the analysis expands as far as the data is available and does not constitut Continue Reading...
Executive Summary The global economic environment has changed significantly in just the last 8 years. Central banks have become more assertive in the market places, inflation measured by CPI has risen, the dollar index has dropped, political rhetoric Continue Reading...
Thus, crises of capitalism have so far avoided provoking the alternative solution of a transition out of capitalism" (Wolffe 2009). Welfare state capitalism is merely one incarnation of capitalism, and neo-liberalism is not such a striking reformati Continue Reading...
Due to the cases of swine flu in California, the Chinese government issues policies that do not allow the import of any products that have come into contact with California (Workman, 2009). This means that the cargo must be transported to other regi Continue Reading...
Global Economics The September, 2003 supplement to the Economist, Running on One Engine contains a survey of the worlds economy, and outlines how the economic engine in America is similar to the single engine operation in a large commercial airliner Continue Reading...
EXPORTING SPIRITS TO JAPAN: POLITICALLY CORRECT? ECONOMICS POLITICS SPIRITS & STATISTICS EXPORTING OUTLOOK Traditionally it has been difficult for many American companies to penetrate the Japanese export market. For over three decades, the J Continue Reading...
Cambodia is currently experiencing something of an economic renaissance, in particular vs. where the country has been. In the late 1970s, Cambodia faced brutal government under the Pol Pot regime. The cities were emptied as the Khmer Rouge mobilized Continue Reading...
Rules and Institutions of the Bretton Woods System The increasing popularity of the importance of monetary unions has gained much focus in the recent past. Most states consider forming monetary unions a solution to most of their financial problems. Continue Reading...
Macroeconomics For most of the time since the subject of economics was first studied, the idea of resource constraints has been irrelevant. The world was simply not viewed as a finite place. The concept of resource constraints was limited, more or l Continue Reading...
Origins, History of the IMF The International Monetary Fund was first conceived between July 1-22, 1944, at the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire. The conference was attended by representatives of 45 na Continue Reading...
FDI Ireland experienced a brief economic boom in the mid-1990s, which was a time of relative boom across the Western world. A number of factors contributed to this boom, including a low corporate tax environment, and Ireland positioning itself as a Continue Reading...
Business US has faced acute economic crisis since 2008. Present economic crisis started from the downfall of housing sector which lead to the financial crisis such as bankruptcy of Lehman Brothers (at that time fourth largest investment bank in the Continue Reading...
Industry analysts predict that more trouble lies ahead for the mining industry in Australia as well, but given its production of many of the world's strategic mineral resources that are needed for a wide range of industrial processes, it is likely j Continue Reading...
Transportation congestion for cars and ships is said to now be worse than China's problem. Corruption has slowed construction; the government stopped highway building across northern Vietnam in 2006 after uncovering a graft scandal that led to resig Continue Reading...
Accounting Operating Leverage, Return on Investment, Economic value added and Net Profit Margin at Yum Brands A firms performance is often measured using ratios. There are many different ratios which are used, all indicating different types of perf Continue Reading...
International Monetary Econ The price of a Big Mac varies around the world, and has been used (albeit not seriously) as a means of testing currency exchange rate parity. The prices of a Big Mac around the world are gathered in the Big Mac Index foun Continue Reading...
The economy of Australia has been experiencing a positive growth. In particular, the economy of the nation has indicated extraordinary and remarkable progress devoid of going through a single recession for over two decades. This is a record that is u Continue Reading...
Economic Environment The economic environment of Greece is that of a capitalist economy, but with significant public sector contribution – about 40% of total GDP is from government activity. This speaks more to the relatively small size of the Continue Reading...
A fundamental economic concept of global commerce is, that in a marketplace with reduced hindrances towards the global movement of goods, nations can find it lucrative to focus on the creation of products that have a relative benefit in manufacturing Continue Reading...
Schwartz, N. D. (2016). Wages Rise as U.S. Unemployment Rate Falls Below 5%. The New York Times. Key Points from Article According to the article by Schwartz (2016), the United States unemployment rate crossed the 5% mark. In particular, owing to a Continue Reading...
European Union's Emission Trading System What is the stated purpose behind the EU ETS? The EU ETS has been a cap and trade method made to incentivise economical cutbacks in greenhouse gas emissions (GHG) coming from carbon-intensive industrial sect Continue Reading...
The excessive use of margin had encouraged speculation. Poor governance on the part of banks and brokerages allowed for a market failure where investors were not making rational decisions, resulting in a bubble. A variety of new taxes were created Continue Reading...
China as a Developing Country China's Economic Growth China as a developing country The world economy has grown to be very competitive of late; there have emerged new economic trends, new economic alliances as well as new economic powers in the wo Continue Reading...
Angel Creek Economic Platform of Bernie Sanders Bernie Sanders' economic platform is based on the concept of income inequality. As a socialist liberal, his main thesis is that the U.S. economy is producing wealth, but, at the same time, a large inc Continue Reading...
They feel they have survived and overcome harsh business environment and want to operate in risky markets like Brazil. Some of them benefited from privatization or part-privatization. The current government dislikes the notion of privatization, whic Continue Reading...
Differentiations are always brought up by the contemporary mainstream economists and their theories regarding ontological questions and assumptions or mere recognition regarding conformity of preference structures regarding some rules can be approx Continue Reading...
Barry Eichengreen (2011) has speculated that the U.S. dollar may be on the decline as the world's vehicle currency. The dollar has performed this role since at least Bretton Woods, when the financial and political might of the United States allowed Continue Reading...
Economics There are definitely some parallels between a current account surplus and a foreign investment. In fact, it is not incorrect to consider the former as an equivalent to the latter. The reason such a statement is accurate is because of the Continue Reading...
Stop ISIS The best way to stop ISIS is to cut off their funding. Countries like Saudi Arabia and Turkey are known to be doing business with ISIS's oil trade. Therefore, one economic solution to the problem of ISIS and their terror network throughou Continue Reading...
Even if he hints around in a non-direct way that his friends should sell their stock without coming out and saying it, he may be guilty of insider trading because the information on the merger has not yet been made known to the public. This is unet Continue Reading...
Although permitting access to key corporate information by all employees could generate an insider trading nightmare (Fishman & Hagerty 110). Possible solutions to the conflict One question that everyone is asking is; how can this conflict be Continue Reading...
But the supply far outstrips demand, Europeans are finding. The climate of this marketplace itself is decidedly cloudy. Advance prices have plunged by half. At this point, one shouldn't portray it as a liquid, vibrant market," said Atle C. Christi Continue Reading...
Insider Trading On June 4, 2003, the Securities Exchange Commission announced that it was pursuing charges against investor Martha Stewart and stock broker Peter Bacanovic for securities fraud. The fraud occurred on December 27, 2001 when Stewart so Continue Reading...
