Fiscal and Monetary Issues in America Economics There are high tensions in the American economy today resulting from speculations whether the government will be able to hit the debt ceiling. Failure to hit the debt ceiling has serious economic eff Continue Reading...
Fiscal and Monetary Policy and Economic Fluctuations The global economy was relatively doing fine more than five years ago before it was hit by economic downturn or recession. During this period, the American economy was at its peak, particularly in Continue Reading...
Thus, a region or nation experiencing economic depression will be unable to use the interest rate lever to boost the economy. Similarly a country with high inflation will be unable to independently raise interest rates to contain inflation. Moreover Continue Reading...
disrupting America's economic system is a fundamental objective of terrorists Even as the world continues to struggle with the terrible shock from the September 11 attacks in New York and Washington, one principle lesson has already become clear: di Continue Reading...
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...
Economic Crisis The revelation of the financial crisis that unfolded in United States in 2008 is considered to be the worst economic crisis since the Great Depression, 1929. The distinctive causative factors that have contributed to the U.S. economi Continue Reading...
Economic Globalization Has the 2008 financial meltdown in the U.S. And the ongoing economic crisis in Europe have practically ended the era of economic globalization? Following the financial crisis that marred the U.S. economy along with other glob 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...
Focused on cutting interest rates in order to obstruct economic decline and to prevent the destructive incursion of inflation, the Federal Reserve has acted independently (though with the administration's endorsement) to counteract mild or regressiv Continue Reading...
Given that the woman does already own her own property, this greatest capital for self-employment justifies the long-term prospect of self-employment. 3. Miami-Dade County and the city of Miami have for a number of years remained somewhat ahead of Continue Reading...
Meanwhile, Dwight R. Lee (writing in The Independent Review, 2001) points to a situation where a powerful environmental group (Audubon Society) has cooperated with an energy company and both have profited. Free market environmentalism has shown the Continue Reading...
Energy costs increased substantially and the yen's exchange rate was shifted to a floating rate. The eventual recession reduced expectations of future growth and reduced private investment. Economic growth went down from 10% to 3.6% during the perio Continue Reading...
S. It too had run into a deep recession and too sought ways out of it by considering tax options. In a similar way, both candidates running for the South Korean presidency in the 2012 presidential elections vowed to "to prioritise "national reconcili Continue Reading...
The U.S. is a property owning civilization and a number of the people wanted land and housing. Americans however scarcely ever create savings. "The country itself lives on other countries' savings by issuing bonds to finance its excessive consumpti Continue Reading...
For the period of the late 1960s and early 1970s, West Germany strived to assist the dollar. The United States and many other nations pushed West Germany to reassess so as to make up for the dollar excess. (Germany in the World Economy) At last, af Continue Reading...
History Of Economic Growth in Saudi Arabia The economic history of Saudi Arabia dates back to the early civilization of the Arabian Peninsula. The Arabian Peninsula played a central role in shaping the modern economic condition in Saudi Arabia as th Continue Reading...
Richard Matthews adds to the overall challenge of unbounded growth by providing a contentious work of his own. In his book, Matthews asserts that Thomas Jefferson, one of the most influencing thinkers of our time, was an anti-market theorist. Matthe Continue Reading...
International Monetary System In world trade, varied national currencies are swapped for each other by means of rules and procedures set by a system called the international monetary system. To delineate a general standard of value for the world's c Continue Reading...
(Chandrasekhar and Ghosh, 2005) Chandrasekhar and Ghosh state that the macroeconomic policy in China resulted in macroeconomic mechanisms that "differed substantially from those in predominantly market-driven economies. These differences relate to Continue Reading...
This is what has led to so many foreigners working in the country already. The foreign workers are therefore a symptom of a greater problem. This problem is not macroeconomic failure -- the Saudi economy is robust and creates jobs -- but is simply d 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...
Latin America Both social and financial inequality has been a contentious issue within society for decades. Poverty, particularly in Latin America has been a large issue as countries become industrialized. As many Latin American countries develop, t Continue Reading...
economic situation in the U.S. As compared to five (5) years ago. Include interest rates, inflation, and unemployment in the analysis. Between 2009-2011, 6.1million workers were displaced from jobs that they held for at least 3 years. In 2012, the Continue Reading...
Economic Theory Since the Great Depression, many Keynesian economists have been arguing that their basic approach is the best way to deal with issues that could have a long-term impact on the economy. At the heart of this basic philosophy, is the b Continue Reading...
Mexico Economic and Political Situation in Mexico In recent years, the economic and political situation in Mexico has fallen under international scrutiny, and as a result, critics have analyzed the country's policies toward exchange rates, foreign Continue Reading...
Thus if the taxation policy is shifted, it is possible to create a better situation. Taxes that are now current can be abolished if their contributions are minor. On the other hand taxes can be levied on things that are considered harmful like tobac Continue Reading...
fiscal crisis currently facing Argentina, and what they are doing to ease the crisis. CAUSES OF THE CRISIS The South American country of Argentina has been on the brink of fiscal crisis throughout 2001. The default on her debt of over $130 billion Continue Reading...
The deal was immediately criticized as anti-competitive by William Kennard, the chairman of the Federal Communications Commission, and by the Communications Workers of America, which represents some workers at both of the merged companies. But neit Continue Reading...
In this regard, the author rightfully targets circumscription of the authority of the major agencies that are responsible for rating private credit which allowed banks to approve many mortgage situations with citizens that were tenuous, at best. The Continue Reading...
S. And that, as much as anything else, has allowed the U.S. To fall behind other nations in upward mobility of the population. Foroohar also suggests that some European nations (such as Germany) responded better to the recent economic crisis than th Continue Reading...
Developmental Economics Lesotho is like other developing countries with respect to some of its characteristics which are common to most developing nations. For one foreign firm tend to have dominance in whichever sector they enter. For example even Continue Reading...
Mediocre material will, likely, thus be introduced into the market, and fledgling authors discouraged. This may in a matter of fact not only prove detrimental for general culture but also for the store itself, since discouraged with the level of pre 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...
Government Subsidized Student Loans Have Economic Costs but Political Benefits Higher education has become increasingly important in the contemporary world scenario today where globalization has led to a higher need for a skilled labor force that is Continue Reading...
Foreign Aid vs. Economic Growth: A critical evaluation of the success/Failure of foreign aid in Africa (Ethiopia) In this paper, explore the concept of foreign aid and economic development in an African. We focus on a critical evaluation of the succ Continue Reading...
That is, if the foreclosure is the only black mark on a person's credit rating, that credit card holder may be able to "rehabilitate their record and garner better loans and card rates in 24 months," Ulzheimer goes on, attempting to clear the air in Continue Reading...
Canada's economic goals are: political stability, reducing national debt, economic growth, increased productivity and efficiency, equitable distribution of income, price stability, and full employment. IMF slashes Canada's economic prospects. (Sept. Continue Reading...
Human Capital in Latin American Economic Development HUMAN CAPITAL IN LATIN AMERICAN ECONOMIC Developtment The concern for the economic development in the developing countries has been an issue for several decades. Many policy makers around the glo 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...
Macroeconomics -- Review of Age-Old Economic Concepts through the Eyes of Current Events in the Newspapers of Today It has been a unique privilege to embark upon the study of economics during this period in our nation's economic history. One might b Continue Reading...
