.." The Federal Reserve continues to keep a watch on both "current and potential exposures..." And are in the process of a review of the collateral valuation methods of the banking industry." (Kohn, 2008)
Kohn states that disruptions in liquidity in Continue Reading...
Post Communism and Social Policies -- an Introduction
Communism and Capitalism are the two terms that have been defining the societies of the world. Needless to say, the understanding of the aforementioned terms is important before we go on to discu Continue Reading...
Subprime Mortgage Crisis
A major issue for today's economy in the U.S. is the subprime mortgage crisis. The mortgage crisis has sent the U.S. economy into a recession with greater impact than the Great Depression of the 1920s. One will discover some Continue Reading...
A third cause of unemployment is actually the result of employers' attempts to keep their employees happy and content. In this effort employers raise their employees' wages above the prevailing rate. This creates a demand for those positions that e Continue Reading...
Loans needed to buy the equipment and seeds create indebtedness to Western banks. Western professionals are needed to intervene and to manage. The productivity of monocrops (e.g., rice or maize) undermines other native crops. Routledge writes, "The Continue Reading...
Foreign Aid and Economic Development
Does foreign aid boost hinder economic development?
In theoretic perspectives, foreign aid should be capable of triggering social and economic growth, mostly in developing nations through financial assistance of Continue Reading...
GDP growth in Poland has been steady throughout the past few years. This is almost entirely based on economic growth as the population has remained essentially the same over the past several years. One of the main precursors for Poland's growth has Continue Reading...
Future of Global Neoliberalism
One of the harsh realities of life in the 21st century is that the vast majority of the world's population continues to struggle to survive in the face of dwindling arable land and governmental policies that serve to c Continue Reading...
Innovation Ethic
In Chapter 4 of Perils of Prosperity, John Sarno argues that American industry does not really have an innovation ethic, and as a result it has been very badly damaged by the system of global capitalism and free trade that the U.S. Continue Reading...
History of the euro can be traced back as far as World War II when European leaders agreed that economic ties could promote growth in Europe (Martel). As a result of the Bretton Woods (New Hampshire, USA) agreement of 1944, the International Monetary Continue Reading...
Religious Conflict -- Nigeria has a variety of regionally oriented religions, often based on tribal structure and culture. However, the two largest religions are Islam at 50% to a 48% Christian semi-minority. The northern areas tend to be Muslim, a Continue Reading...
Leisure May Be the Death of Europe
Economics
Time to Kill
In his article, Time to Kill - Europe and the Politics of Leisure, Steven Muller examines the efforts of Europe to reconstitute itself in the aftermath of the Cold War. By analyzing such fa Continue Reading...