Unemployment & Inflation in the U.S

18 Oct 2017

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Unemployment rate is known to be one of the most vital economic indicators to represent a particular country's economic performance usually formulated by the Bureau of Labour Statistics (BLS). While looking at United States unemployment rate, it has been ranging from 4.7 till 10.1 percent. Economists realize that unemployment is a serious problem, as it not only withdraws consumption patterns but also occurs at an opportunity ...

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Rate of Interest in Mauritius Analysis

18 Oct 2017

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Chapter 1.0: Introduction Introduction: The study aims to assess the various methods to determine the Mauritian rate of interest. Moreover, we shall also try to implement a method which is suitable for the economy of Mauritius. The rate of interest is merely remuneration for the lender with a point of view of rewarding him for the interval of lending money (Edward, P.). As per ...

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Alternatives for Capitalism in a Globalised Economy

18 Oct 2017

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Essential for globalized economy: Communism or Capitalism In this globalized economy now it is a big question for us that, what is the perfect economic system: communism or capitalism? By globalization we can understand cross boarder market. There is an international exchange of labor forces, ideas, capitals, knowledge, products, and services. Now we will focus on capitalism and communism and try to find out that in ...

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Factors Affecting Vietnam Rice Export

17 Oct 2017

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The rice export always receives attention from Vietnamese Government. The Government usually issues many decrees, circulars and directions to instruct Ministries, People’s Committees, and Vietnam Food Association (VFA) to monitor export activities every year. Noticeably, in 2010, with an aim to encouraging the development of agriculture, Vietnamese National Assembly issued a Resolution 55/2010/QH12 on agricultural land use tax exemption and reduction. Farmers are exempt for agricultural ...

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Economic Importance of Nigeria to West Africa

17 Oct 2017

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Indian strategy for development of ties with Nigeria was historically and ideologically aligned to principles of Non-Aligned Movement and the Spirit of Bandung and its global role was identified with championing the cause of anti-colonialism and anti-racism. Nigeria was considered a key ally in international for a because of the evolved relationship and also because of the large Indian Diaspora living in the Continent. However, the ...

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Limitations of the Lewis Model

17 Oct 2017

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Essay Title: The Lewis Model and its limitations: the critical assessment of its assumptions, logic and implications. Boms Onukwuru Rosytha   Introduction This essay will discuss and critically assess the Lewis Model and its limitations, as well as its assumptions, logic and implications. This essay will start by defining economic growth and the purpose of development, and then a brief history of the Lewis ...

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Economic Impact of Human Capital

17 Oct 2017

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Habiba Dalhatu Ibrahim According to Schultz (1993), the term “human capital” has been defined as a key element in improving a firm assets and employees in order to increase productive as well as sustain competitive advantage. To sustain competitiveness in the organization human capital becomes an instrument used to increase productivity. Human capitals refer to processes that relate to training, education and other professional ...

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Economic Impact of Foreign Students in UK

17 Oct 2017

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The UK is a country wich has a very strong education system. It leads to more and more foreign students come and study in here. Until 2013, there are 18% students international students in the UK, it is up to 425,265 students. The coming of this students created a lot of impacts for the UK’s economy. This essay will talking about the advantages and disadvantages of ...

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Impact of Tourism on Singapore's Economy

17 Oct 2017

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1. Introduction 1.1 Introduction of Economic Economic is used to study the behavior of individual, organization and government. It provides some incentives that can affect these behaviors. It is a social science and it includes microeconomic and macroeconomic. Macroeconomic focuses on the study of the national economy and global economy. Microeconomic studies the choice about the behavior of individuals, businesses and government. These choices can interact ...

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Theory of Value Summary and Analysis

17 Oct 2017

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Value of Theory Theory of value is a generic term which encompasses all the theories within economics that attempt to explain the exchange value or price of goods and services. Key questions in economic theory include why goods and services are priced as they are, how the value of goods and services comes about, and for normative value theories how to calculate the correct price of ...

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Low Oil Prices in Malaysia Causes

17 Oct 2017

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Table of Contents (Jump to) Introduction Objective Causes of Low in Oil Price The Winners Transportation Electric Utilities Consumers Flexible packaging The Losers Oil service companies Plantations Conclusion and Recommendation References Introduction Malaysia is become a net importer of oil since 2011. The volume of exported oil is still less than the volume imported oil for local consumption (V, 2014). Malaysia continue to be net exporters ...

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Microsoft's Antitrust Case

17 Oct 2017

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Subject: Competition Policy and Intellectual Property Rights Group Members : Junaid Zaman & Caner Özgür Emir Contents (Jump to) Introduction Microsoft’s History of Anticompetitive Conduct Microsoft’s Elimination of Word Perfect Microsoft’s Elimination of Netscape Microsoft’s Elimination Of Rival Media Players The Case against Microsoft Case Background US vs Microsoft EU Vs Microsoft Conclusion References ...

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Economic Analysis of Coffee in Vietnam

17 Oct 2017

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Group members: Huynh Anh Tin, Pham Le Bao Tran, Pham Le Thien Huong Vietnam coffee market structure: Vietnam coffee market structure is oligopoly, because there are a few firms that have the ability to enter this industry, and with many similar product taste (Sloman, Garratt, 2013). The production of coffee is expensive, it include land, machine, labor, and material. Coffee only grows in high land area ...

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Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter

17 Oct 2017

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Rich Dad Poor Dad Making life’s decision is not simple. To decide is to choose wisely. It is not just choosing what you want and what you like. It is choosing what is right. Making decision is about choosing which is better, the one that is more beneficial and the one that will make you happier. It is about deciding what you really want that will ...

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Financial Gap Between the 1% and 99%

17 Oct 2017

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Herbert “Jeff” Cahoon   The wealth of America rests in the hands of just one percent of the country. Therefore it is not a long stretch of the imagination to understand what an uphill battle it is for the ninety-nine percent to gain better economic footing. Over the past few decades the so-called middle class has been steadily declining or has disappeared altogether. The ...

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Pharmaceutical Benefits Scheme (PBS) Country Comparison

17 Oct 2017

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Health Economics Introduction In the modern world, prescription drugs are considered as a central part of the treatment. Simultaneously, the prescription drugs are so expensive in most of the first world countries that it is almost impossible for a large proportion of consumers to buy them without subsidies or price control from their respective governments. The healthcare systems differ widely among the first world countries. Three ...

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Regulation of Air Transport Economic Rationale and Impact

17 Oct 2017

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David Grant To understand what was in the minds of those who conceived and developed economic regulations for air transport, a good place to start is the Second World War. Chicago The aviation industry was experiencing its second period of very rapid technological development, the first such period having occurred during World War I. In 1944, it was clear that aviation would play a ...

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Analysis of Shell Oil Company

17 Oct 2017

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Shannon Davison Abstract Companies face a number of opportunities and challenges in as far as their growth is concerned. An analysis of the Shell Oil Company reveals a number and therefore a consideration of the same in their strategies is necessary. This paper looks at a number of issues surrounding this company in as far as its performance as a business is concerned. The ...

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Currency Comparison for Apple IPad Air Silver

17 Oct 2017

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Sofia The aim of this paper is to discuss the issue with the currencies and particularly whether they are at their current level. To analyze this problem in this course we should use the Big Mac index, which is used for such evaluations and additionally we have to choose a product and compare its prices in at least 10 countries, where it is available. ...

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2008 Recession Causes and Effects

17 Oct 2017

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Brendan Bradley   The 2008 recession was one of the worst economic crises in America since the Great Depression of the 1930’s. Caused by the collapse of an 8 trillion dollar housing bubble, the recession eventually led to the closures of many large banks on Wall Street and insurance firms like AIG, and to millions of Americans losing their homes. How An Economy Grows ...

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Kaldor-Hicks Criterion Analysis

17 Oct 2017

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Kaldor-Hicks criterion is named by Nicholas Kaldor and John Hicks. Kaldor-Hicks criterion is also known as Kaldor-Hicks efficiency. Kaldor-Hicks criterion is a measure of economic efficiency that captures a number of the intuitive attractiveness of Pareto efficiency, however have less stringent criteria and is thus applicable to a lot of cases. According to Kaldor-Hicks criterion, a more efficient outcome will leave some individuals worse off. Using ...

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Water Scarcity Problem in UAE

17 Oct 2017

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Introduction While the UAE is abundant in the natural resource, Oil, it is currently facing problems regarding water sufficiency. Because of its geographical location, UAE has very small amount of water, with little rain, no rivers and small amount of underground water available. As the population rises, the country faces increasing pressure on its existing natural resources, in this case, water. Millions of people need to ...

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Effect of Information Technology on Economics

17 Oct 2017

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Assessment Item 3- Case Study Technology and Economic Change: Getting the Benefits from Technological Progress Assignment   Name: Word Count:   Table of Contents (Jump to) QUESTION 1 Answer QUESTION 2 Answer QUESTION ...

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Analysis of Unilever NAME

17 Oct 2017

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INTRODUCTION Chapter 1 1.1 Company history Unilever NAME represents the entire North Africa and Middle East region. Unilever's corporate mission is to add vitality to life everywhere. Unilever has been present in North Africa and the Middle East since 1933, the year that saw the family Binzagar appointment as an agent for the company in Saudi Arabia, while Unilever is also in the same year entered ...

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Vertical Boundaries of the Firm

17 Oct 2017

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The process that begins with the acquisition of raw materials and ends with distribution and sales of finished goods and services is known as the vertical chain. However, the key is to organize the vertical chain to achieve optimized results upon integration. For example: Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing ...

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Output Gap Between Equilibrium and Actual Output

17 Oct 2017

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TMA 3 – DD209 Norbert Lukacsi P.I. B3584727 Describe, including a Phillips curve diagram, how and why the output gap between equilibrium and actual output is used by policymakers to target inflation. With reference to the output gap and the extract from Minutes of the Monetary Policy Committee shown below, explain the Bank of England’s October 2012 decision to hold interest rates constant at ...

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Non-tax Revenue Sources in India

17 Oct 2017

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1. INTRODUCTION Regarded as one neglected topic in Public Finance, non-tax revenues have often been sidelined by tax revenues – in revenue accounts as well as in academics. Non-tax revenues are considered to be byproducts of government activity. However, roughly 39% of revenues in 166 countries – including those which were not resource-rich – were from non-tax revenue sources (World Bank 2003). However, there is ...

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Effect of Bitcoin in India

17 Oct 2017

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Abstract Bitcoin is an innovative concept of a decentralised, peer-to-peer virtual currency. Its functions are autonomous from any centralised influence. This paper discusses working of bitcoin in detail along with the method of bitcoin transaction on a network and the process of bitcoin mining. The paper also discusses the effect of bitcoin and its advantages on developing countries, centered on its effect over Indian economy and ...

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Estimating Poverty in India

17 Oct 2017

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Time and time again, various expert groups have been appointed by the Planning Commission to estimate the poverty line in the Indian context. Following are the groups, their estimations, methodologies and their critical evaluations: Working Group, 1962 Context and Objective: A working group with eminent economists was constituted in 1962 by the Planning Commission to ascertain the minimum level of living for the India ...

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Forward Guidance Policy for Economy Recovery

17 Oct 2017

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Emil Isayev Contents Page (Jump to) Contents page  Main report Introduction Main body Forward guidance policy Influence on macroeconomic indicators About quantitative easing Conclusion References Main report Introduction In connection with the economic crisis of 2008/2009, the Bank of England tried to improve all economic indicators and boost the economy using regulations. Recent monetary policy is ...

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Policies to Promote SMEs in Mauritius

17 Oct 2017

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  Introduction This chapter analyses the history of SMEs and examines the policies provided previously and now that the institutions provide under current SME legislations. Lastly, the measures taken by the government to promote SMEs in 2014 are stated. 3.1 History of SMEs in Mauritius Since independence Mauritius has adopted a consistent policy to encourage the creation and promotion of small and medium enterprises ...

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Strategic Planning for Financial Collapse

17 Oct 2017

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The world economic crisis is a continuing threat to the business world. The first financial crisis was the most severe since the great depression. It has affected almost all areas of the economic system. Each and every organization that experienced this crisis would be thinking the following points: What kind of strategic planning is needed in such an event of crisis? What will strategic planning ...

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Factors Affecting International Business Operations

17 Oct 2017

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Why do companies engage in international business and what are the related modes of operating internationally? Companies want to engage in international business first and for most to generate more revenue. New markets can not only increase the revenue but also the bottom line. Depending on the market, the cost may be lower and therefore profits can be higher. Developing countries are markets were ...

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Adam Smith Economic Theory Summary

17 Oct 2017

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ADAM SMITH Origin Adam Smith who is commonly known as “father of capitalism” was born in the seaport and manufacturing town of Kirkcaldy, Scotland in 1723. He was the son of Adam Smith and Margaret Douglas (Mastin, 2008). His father was a writer to the Signet as well as the comptroller of the customs whereas his mother was the daughter of an important land owner, John ...

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Population Growth/Change in Poverty Reduction of India

17 Oct 2017

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Satheesha B   Abstract The population growth can affect poverty by either two channels, changing population size and age structure. This paper analyzes the effect of changing population size on poverty in Indian states. In states Bihar, Madhya Pradesh, Uttar Pradesh and Rajasthan poverty declining at a lower rate because the population growing a higher rate. In states like Kerala, Himachal Pradesh, Karnataka, Punjab ...

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Strategies to Calculate National Income

17 Oct 2017

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Introduction There are several ways to calculate national income. The most commonly methods used are product, income and expenditure approach. Product Approach The product method is also called the output method using Gross National Product or GNP. These output for example are mineral, forestry and agricultural outputs. However only the final goods are considered in the national income. Fundamentally, GNP is the total value ...

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Testing Purchasing Power Parity

17 Oct 2017

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Within this paper a combination of univariate models (which assume the value of the exchange rate is based on its past values) and multivariate models (which will consider the trend in domestic and foreign prices) will be used to test the Purchasing Power Parity hypothesis. The data used will be the CPI for Japan and Sweden along with the exchange rate for the Japanese Yen and ...

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Causes and Implications of Negative Externalities

17 Oct 2017

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Negative Externalities Course: Economics for Business ECON20023 Lecturer: Ms. Welshi Tupou Prepared by: Shahryar Alvi Table of Contents (Jump to) Negative Externalities Implications of negative externalities Government Intervention Methods to correct negative Externality Case Study Other options and their economic reasons References. Negative Externalities Discussion Negative Externalities Externalities whether negative or positive are present within the environment and co-exist simultaneously. Negative externalities take place ...

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Knowledge Based Economy in Singapore

17 Oct 2017

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INDIVIDUAL ASSIGNMENT ON KNOWLEDGE BASED ECONOMY To: Ms Irene Lee Prepared by: Rachel Lim Ying Pei Introduction Knowledge-based economy is the new ascending economy observed in the contemporary world. Knowledge-related activities are now recognized as the driver of productivity, economic growth, wealth creation and sustain employability across all trades of businesses. The modern economics have gradually transferred from material consuming economy to information and knowledge based economy ...

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Rise of Shadow Banking Seminar Reflection

17 Oct 2017

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Part I Summaries of the seminar The seminar on “The rise of shadow banking” by Mr. Philippe Delhaise told us about some basic information of shadow banking, like definition, history, different appearances around the world, benefits and potential issues. Definition Before talking about shadow banking, we need to know about what is not shadow banking, or traditional banks. Traditional banks provide services like lending, payment, safekeeping ...

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Policies of Separation for Telecom Regulators

17 Oct 2017

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Introduction and Background Vertically integrated companies have the tendency of using their leverage to bully other operators in the industry, thus hindering competition and creating a monopolistic situation. A provider of retail and wholesale services that is a vertically integrated incumbent operator has the urge to consider its own retail division to the disadvantage of new entrants or other operators. Such discriminating behaviours create an anti-competitive ...

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Factors in Economic Growth

17 Oct 2017

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USMAN AMINA BALARABE   TECHNOLOGY AND ECONOMIC GROWTH. From the very beginning of time, man has strived to improve his way and quality of life. The caveman discovered how to make and use tools, developed a logical sequence for activities and evolved the processes that added value to his life. What is Technology? The dictionary meaning of technology is; the branch of knowledge that ...

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Implementing Strategic Response to Outsourcing

17 Oct 2017

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Abstract During the last thirty years, the growing awareness of ecological issues and the sensitive angle towards environmental problems has significantly modified environmental policy and economic methods within the leading industrial countries. The tendency is towards a post-Fordist regulation system, in which traditional command-and-control functions of the state are being substituted by the rising power of vital customers, environmentally aware stakeholders and governmental but market familiarized ...

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Robert Mundell Biography

17 Oct 2017

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Robert Mundell: Godfather of the Euro Mike Raposo Executive Summary Robert Mundell was an accomplished scholar, famous economist, and the “Godfather” of the euro. From his beginnings in Kingston, Ontario, to a man who would pioneer the work of the Optimum currency area theory which would lead into the creation of the euro; Mundell has lived the life most dare not dream of. The ...

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Alvin Toffler's Powershift | Book Review

17 Oct 2017

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Alvin Toffler PowerShift: Knowledge. Wealth, and Violence at the Edge of the 21st Century (Bantam Books, 1990, ISBN 0-553-05776-6) This book is the third book in one of the most thought provoking trilogies of our time. This series began over a quarter century ago with Future Shock. The second book, Third Wave, followed in 1980. Both books received acclaim and incited great controversy and ...

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Causes of Enron Collapse

17 Oct 2017

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ANDREW TUCKER   INTRODUCTION Enron Corporation, an energy company based in Houston, Texas, was involved in one of the most devious economic scandals of the 20th century. The company was also a commodities and services organization that served much of the country. Multitudes of the financial reports that the company submitted were found to be grounded in a systematic structure that can be boiled ...

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Effect of Competition of on Social Preferences in Bargaining

17 Oct 2017

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Does competition affect social preferences in a bargaining game? Since the first day learning economics, we all remember the most basic presumption of classical economic theory that individuals’ decision making are entirely driven by their material self-interest and there is nothing related to “social goals”. Many pieces of evidence have proved that it is true for some people in some circumstances, but not represent the whole ...

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Agricultural Bank of China SWOT and PESTLE Analysis

17 Oct 2017

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Sushree Sucharita Senapati Company Overview Agricultural Bank of China (ABC), formerly known as Agricultural Cooperative Bank was founded on July 10, 1951 and is headquartered at Beijing, China. It deals with commercial banking and financial services. Investment banking, Fund management, financial leasing and Life insurance are also included in its scope of business. The ABC Bank ...

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High Income and Upper Middle Income Economies Analysis

17 Oct 2017

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3.0 Statistical Analysis In this section, an analysis and comparison is carried out on high income and upper middle income economies in terms of growth, innovation and the tertiary education sector. In section 3.1, the tertiary education sector will be analyzed through gross enrollment ratio in both high income and upper middle income economies along with the implications associated to these figures. In section 3.2, a ...

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Issues of GST in Singapore | Research Outline

17 Oct 2017

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Title: Issues of GST in Singapore Objectives To test the relationship between errors made in GST Accounting Report and lack of knowledge of users of GST accounting i.e. business owners. Ho : There is a positive relationship between errors and the users. H1 : There is not a positive relationship between errors and the users To study whether the implementation of GST will ...

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Assimilation Effect on Immigrants in NZ and Australia

13 Oct 2017

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This essay examines the assimilation effect on immigrants in New Zealand and Australia. The analysis incorporates the effect of personal characteristics including education level, age, labour market experience, years of migration, ethnicity and etc. in addition, the effect of ethnic capital will be investigated as well. Furthermore, I will test the effect of ethnic capital on low skilled and less English proficiency immigrant’s income and assimilation ...

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Economic Indicators Applicable to General Electric (GE)

13 Oct 2017

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Economic Indicators Applicable to General Electric (GE) Domestic Operations Dawn E. Reisner   Relevant Economic Indicators Economic indicators are used to predict, plan and navigate thru the complex activities of the business environment. General Electric (GE) produces diverse products and services from a variety of different business segments, so the company must utilize an exhaustive list of economic indicators in its decision-making processes. The ...

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London and Amsterdam monopoly Rights in the Financial Market

13 Oct 2017

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Eunice Wong   The paper ‘Political Economy Origins of Financial Markets in Europe and Asia’ focuses on the expansion of trading between companies that have been granted monopoly rights. Through exploring the historical events in the development of financial market in London, Amsterdam and vaguely of foreign countries, the impact of trading monopolies is discussed. Furthermore, analysis of factors that leads to successful a ...

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Monetary Policies Implemented During 2008 Recession Analysis

13 Oct 2017

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Critical Analysis of Monetary Policies | AZRIL Contents (Jump to) Background of the Recession Events that Led to the Recession of 2008 Monetary Policies Implemented by the Federal Bank Result of the Policies References Background of the Recession The financial crisis of 2008 was one of the worst recessions in US history. The financial collapse saw the ...

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Difference Between Open and Closed Economy

13 Oct 2017

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Task 1 Explain the differences in the operation of close and open economies by citing any relevant example to support your answer. Introduction Malaysia is a place of trading for business within the business is large or small. Every buying or trading also got sees the economic in Malaysia or country when they start their business. When the economics of each country is decrease ...

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Stages of the Production in Economics

13 Oct 2017

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Table of Contents (Jump to) Production Process Highlights The law of diminishing marginal returns Research Aim and Objectives The Theory of Production Process Stages of Production Major Processes of a Producing Company Conclusion Bibliography Production Process Highlights In terms of economics the term production process is used to refer physical output. For every economy it is integral to understand the process of production as the function ...

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Government Policies to Reduce Unemployment

13 Oct 2017

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Jinping Zhao Government policies are available that can and should be used to ensure low unemployment Introduction At the present time, ideal for the most people is to live and work within an economic structure which may provide to them the prospect of steady employment, fairly steady prices and a high quality standard of living. According to data from the year 2008 ...

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Effect of Mobile Phones on Fisherman Profit

13 Oct 2017

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Methods Information through mobile phones reduce price dispersion, increase fishermen’s profit and consumer’s welfare and due to profit self-sustaining mobile phone companies provides information, at the same time fishermen willing to pay to providers because of their increased earnings (Jensen, R., 2007). Akter J. C. (2008) empirically analyzed impact of cell phones on grain markets in Niger with the detailed information on mobile phone coverage from ...

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Effects of Regulation on GDP and Bank Profitability in Asia

13 Oct 2017

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Trade-offs between Real Economic Activity and Bank Profitability for Implementing New Regulatory Standards: South Asian Perspective Ripon Roy* Rokeya Khatun* Abstract To ensure financial stability and more resilient banks, new capital requirements are introduced through Basel II along with a strengthened common equity buffer. These tighter capital requirements are expected to have negative effects on the level of long run steady-state output but also ...

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Snap Shot Analysis of Humanitarian Response to Congo Crisis

13 Oct 2017

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Instructions The exam will be a paper (max. 2500 words), in which the participant presents either a snapshot analysis or a stakeholder analysis of a crisis of his or her choice. Prepare either a full-fledged snapshot analysis or a full-fledged stakeholder analysis. "Full-fledged" means that you cover all the steps as they were carried out and discussed in class". Students should make sure that they comply ...

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The French Revolution: Eco-political Situation

13 Oct 2017

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‘Principles of Political Economy’ by J.S. Mills is a magnum opus about the polity and economy that ruled in the 1800s. The book is divided into 5 parts. Book 1 is about production and elucidates the basic requisites of production. The two main requisites are labour and natural objects. Labour refers to the human effort put in for production, whereas natural objects are the bounties of ...

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Factors Affecting Supply and Demand of LG G2

13 Oct 2017

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What are the possible factors affecting demand and supply of the said product in the market? Explain. There is some possible factors that affecting demand and suppy of the LG G2 in the market. The factors that affect demand are called the Determinants of Demand.There are a few factors that can influence the demand. The income that earn by the individuals. The sum of ...

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UK Budget Deficit

13 Oct 2017

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 The term of “Budget deficit” is best normally used to discuss to government spending sooner than business or single spending. When mentioning to increase state government deficits, the term used is “natural debt”. Budget surplus is the opposite of a budget deficit, and when entries equal outflows, the budget is said to be stable. Important terms that related to UK budget deficit are; ...

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UK Precious and Non-ferrous Metals Market Size

13 Oct 2017

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BASIC PRECIOUS AND NON-FERROUS METALS IN UK – ANALYSIS Headlines Basic precious and non-ferrous metals market size in the UK contracted by 7% in 2013 due to decrease in aluminium, gold, silver, platinum and copper prices 51% increase in industry’s turnover was driven by the growing demand from automotive industry accounting for 14% of B2B purchases and aircraft and spacecraft industry accounting for 8% In ...

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Effects of Animal Trafficking on the Economy

13 Oct 2017

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Introduction Generally, animal trafficking includes the illegal stealing, smuggling, transportation and distribution of the animals and the products and derivatives obtained from them for commercial purposes for human use (Subha, 2013). Countries in Europe, the United States and Asia named as most animals’ illegal smuggling activities for pets, or for their skins and furs. The issue of animal trafficking had attracted attention of a lot of ...

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Determinants of Trade Policy

13 Oct 2017

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In the last thirty years economists have paid increasing attention to determinants of trade policy. Well known in political economy literature (Grossman-Helpman-1994) 'Protection for Sale' (PFS) model aims to explain the structure of trade policy. This model emphasizes the influence of special interest groups (SIG) on government policy by means of 'political contributions' in a representative democracy. Organized interest groups represent industries and are offering contributions, ...

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Denmark Economy Analysis

13 Oct 2017

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DENMARK ECONOMY Group Project Names: Theophile Akakpo Sulaima Alabdulrahim Xun Yong Tee Zhixuan An Zsolt Huszar Table of Contents (Jump to) Introduction Gross Domestic Product Gross National Product Fiscal Policy Credit rating Government Spending to GDP Government budget Interest Rates Unemployment Rates Inflation Conclusion Bibliography Introduction Once the seat of Viking raiders and later a major north European power, Denmark has changed into a modern ...

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Development of Health Saving Accounts

13 Oct 2017

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Health & Medical Saving Accounts Background The historical, economical and societal circumstances that led to the introduction of employer based health insurance are all well known. The same factors that surrounded the introduction and implementation of the government based health insurance programs are also very well known. Although not explicitly mentioned, it is clear from the economic indicators and numbers that no one have successfully predicted ...

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Should Romania be in the Eurozone?

13 Oct 2017

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CLAUDIA BADULESCU   ROMANIA – TO BE OR NOT TO BE IN THE EUROZONE? Abstract: This paper aims to present the current position of Romania’s economy regarding its accession to the 'select club' of the Eurozone. I have made a brief analysis of the main problems encountered by Romania on its way to complying with the convergence criteria, presenting as well the measures taken ...

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Impact of Fiscal Deficit on Capacity Utilization

13 Oct 2017

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THE IMPACT OF FISCAL DEFICIT ON THE CAPACITY UTILIZATION OF MANUFACTURING SECTOR IN NIGERIA CHAPTER THREE 3.0 INTRODUCTION This chapter deals with the various methods, techniques and instruments used in the conduct of this research work. In addition it also includes the model specification and the various sources of data employed. 3.1 MODEL SPECIFICATION The economic model employed in this project work intends to build ...

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Ends and Means of Innovation Policy

13 Oct 2017

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Innovation, in an essential sense according Dosi (1988) “refers to the search for, and the discovery, experimentation, development, imitation and adoption of new products, new production processes and new organisational set-ups”. Innovation policy is used in the economy to promote economic growth and increase social welfare of a country, and according to Manjon and Merino (2012) patent seeks to serve this purpose. In the knowledge economy, ...

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Educational Lottery in Alabama

13 Oct 2017

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Who is winning in Alabama?: Administrative Considerations and Financial Impact of a Lottery in Alabama Phillip P Abstract Issues concerning a proposed Educational Lottery in Alabama are discussed. Topics from both sides of the debate are addressed. Reasoning of why supporters desire a lottery to help fund a struggling school system. Opponent’s concerns are addressed in reference to the lottery being a regressive tax or ...

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Effect of Online Privacy Information on Purchasing Behavior

13 Oct 2017

4 (1,552 )

An Experimental Study in Malaysia Introduction The Internet is quickly becoming the world’s largest public electronic marketplace. It is estimated to reach 50 million people worldwide and customers are growing with the rate of 10% per month (Wang et al., 1998) Privacy is one of the most important consumer right and major part of e-commerce. Online sellers require personal data of consumer for collection of payments ...

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Buying Small Firms for Production Means

13 Oct 2017

4 (1,460 )

Exam Preparation 4.2 Question Info: Sometimes in an industry, a firm buys a smaller competitor that uses similar factors of production. At other times a firm buy another firm that supplies it with the raw materials and other inputs for its production. Question a) Explain what is meant by the factors of production. There are 4 factors of production. Land, Labour, Capital and Enterprise. All of ...

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Financing Higher Education Literature Review

13 Oct 2017

7 (2,634 )

REVIEW OF LITERATURE Dunn and Sullins (1982) conducted a study on cost-benefit analysis and its applicability in Higher Education. The main objective of the paper was to discuss whether cost-benefit analysis can be applied to higher education institutions. This paper examines the problems which arise while performing cost-benefit analysis for evaluating Higher Education. The problems include, selecting the productivity index to use with a cost-benefit analysis, ...

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Law of Supply and Demand | Entry Barriers

13 Oct 2017

8 (2,816 )

The Economic Environment and Anatomy of Business Law of Supply and Demand Headline: Nexus 6 sold out: Google Play Store will have more in stock every Wednesday URL: http://www.techtimes.com/articles/19568/20141105/nexus-6-in-stock-every-wednesday-and-within-minutes-google-phablet-completely-sold-out-again.htm The first economic phenomenon that we are going to look at is the law of supply and demand. In its raw form it states that if the demand for certain product is higher than its availability (supply) ...

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Impact Movements of 2008 Global Economic Crisis

13 Oct 2017

8 (3,177 )

A growing number of developed economies have fallen into a double-dip recession. Those with severe sovereign debt burdens sank even deeper into recession, with high unemployment, weak aggregate demand as well as fiscal austerity, high public debt burdens, and fragility of financial sector. All combined pushed them into a downward spiraling dynamics. Growth of high-income economies contracted to 1.9 percent in 2014, only half the rate ...

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Is the Bank of England Independent?

13 Oct 2017

5 (1,914 )

Bank of England The Bank of England was originally established as a privately-owned institution in 1694 to promote the public good and benefit of the people of the United Kingdom by maintaining the monetary and financial stability. Post Second World War the Bank of England was nationalised on 1946. Till the 18th century the Bank of England has been regularly acting as the Government’s ...

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Exchange Rate of the Australian Dollar Against the Us Dollar

13 Oct 2017

5 (1,945 )

The exchange rate of the Australian dollar against the US dollar Charlotte Pa’asia Introduction Since the 2008-9 global financial crises, Australian has been progressively recovering from the recession; there’s been slightly increase and decrease since then, however according to the figures by the (Reserve Bank of Australia’s (RBA), 2014), the exchange rate of the Australian dollar against the US dollar, although has been ...

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Book Critique: “The Bottom Billion” by Paul Collier

13 Oct 2017

5 (1,785 )

Sarah Al-Mahmassani Book Critique : “The Bottom Billion” by Paul Collier Outline Introduction Thesis statement: Poverty is only the problem of a group of countries that form “The Bottom Billion”, so we only need to focus on this group. The aim of this book is to find solutions that could help reduce the poverty in these countries. Body Paragraphs ...

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Taxation to Reduce Alcohol Use Argument

13 Oct 2017

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THE ECONOMIC ARGUMENT FOR AND AGAINST THE USE OF TAXATION TO REDUCE THE USE OF ALCOHOL   Submitted by: Carina Marie Birondo Tasha Benico Ranelly Cagulada Milavi Lopez Sarah Grace Gerona Kenneth Dawn Saavedra   ARGUMENT FOR ENFORCING TAXES ON ALCOHOL PRODUCTS Benjamin Franklin was once quoted saying "In this life only two things are definite: Death and taxes”. So a drunkard is assuring ...

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Economic Comparison: UK, Uganda and France

13 Oct 2017

8 (2,911 )

Uganda versus United Kingdom and France Economies Meredith McLamb   Introduction Africa is a continent filled with third world nations. Many countries there are plagued with poor housing, lack of clean water and sanitation systems, inadequate power sources, unsafe roadways and insufficient government. There is generally not enough financial support to help these nations thrive economically and not an adequate infrastructure to support the ...

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Factors Affecting International Energy Policy

13 Oct 2017

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International Energy Policy Ze Cassule The factors affecting the content of international agreements for the oil and gas industry The Oil and Gas industry has certainly come a long way since the first discovery of oil in Texas. Whilst there are several opinions about what the future holds for the Gas and Oil Industry, there is one very unquestionable detail that will influence not only the ...

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Solow Growth Model Essay

13 Oct 2017

4 (1,291 )

ESSAY TOPIC: Using your compiled dataset and basic statistical analysis based on a scatter plot (with a linear fit)[1] answer the following two questions: Discuss whether your data supports the predictions of the Solow type model in relation to the effects of the savings rate (or investment rate) and population growth on GDP per capita. Is there any evidence of convergence among the countries in your ...

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Buying vs Leasing a Car

13 Oct 2017

7 (2,504 )

Cost Benefit Analysis Duane Ferguson   Joseph Halter Introduction It is incredibly difficult to watch television without being bombarded by car advertisements that lead to daydreaming about driving a new vehicle. The exciting need for speed, the thrilling lust for luxury, and exciting new adventures are just waiting to be grasped down at the nearest auto dealership. Deciding whether to buy or ...

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Impact of Globalisation on International Business

13 Oct 2017

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Globalisation refers to the process of interconnection among firms, people and governments of different countries (Lechner, 2009); economies from every country will become closer and interrelated through globalisation as foreign countries are a source of both production and sales for domestic companies. It is obvious that the globalisation has linked with international business as international business consists of all commercial transactions that take place between two ...

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Efficient Market Hypothesis and Financial Crisis

13 Oct 2017

4 (1,472 )

The well-known efficient market hypothesis is published by Eugene Fama in the 20th century. Even though it has many useful applications up to now, this theory is suspected for causing the global financial crisis. According to the efficient market hypothesis, efficient market is the place where the price of the stock will quickly adjust when new information appears therefore a current price of any securities reflect ...

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Empirical Review of China’s Monetary Policy

13 Oct 2017

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Introduction One of the main issues scholars debate over is whether monetary policy should be conducted in accordance with a uniform rule, or whether the policy should be conducted in a discretionarily fashion by central banks. Two types of monetary policy rules can be found in the literature. One is the purely ...

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Relationship Between Globalization and Poverty Analysis

13 Oct 2017

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1. Introduction According to the World Bank estimates, more than a billion people—a fifth of humanity—lives on $1.25 per day, in what the UN and the World Bank classify as extreme poverty. Apart from the very poorest, there further exists an additional billion with incomes that are barely any larger: 2.4 billion people, about a third of the world population, are subsisting on less than $2 ...

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Thailand Economy Analysis

13 Oct 2017

5 (1,919 )

Contents (Jump to) 1. Overview of Thailand’s Economy 2. Production Output Performance Analysis 3. Labor Market Analysis 4. Price Level Analysis 5. Conclusion Reference List 1. Overview of Thailand’s Economy Thailand is one of many successful development stories which have been cited widely (World Bank, 2015). Thailand has been able to achieve remarkable and outstanding feats to become how it is today, moving from a low-income ...

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SMEs Effects on Singapore's Economy

13 Oct 2017

7 (2,490 )

Daron Chua Kiat Yi 1. Introduction In his reply to NMP Teo Siong Seng, Minister of State for Trade and Industry Teo Ser Luck said: "SMEs are an important part of Singapore's economy as they make up 99 percent of our companies, employ 70 percent of our workforce and contribute 50 percent of our GDP." Small and Medium Enterprise known as SME is a ...

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IPO Mechanism: Book Building Vs. Auction Vs. Fixed Price

13 Oct 2017

9 (3,411 )

Title “Different types of IPO mechanism: book building vs. auction vs. fixed price” Author The article that this research paper will used as a base article will be Why Don’t Issuers Choose IPO Auctions? The Complexity of Indirect Mechanisms. By Ravi Jagannathana, Andrei Jirnyiaa and Ann Shermanc. Keywords Initial Public Offerings This is the first time a company decides to sells its shares to the public. ...

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What Happens in a Market When Information Is Imperfect?

13 Oct 2017

5 (1,929 )

CONSTANTIA PALA   Introduction: In the study of competitive markets it is often assumed that consumers and producers have perfect market information upon which to make their economic decisions. This is known as symmetric information, where consumers and producers have perfect and equal market information on a good or service. Assuming that consumers and producers act in a realistic way, it will lead to ...

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Impact of Regulatory Reforms in India

13 Oct 2017

7 (2,681 )

Trace the Institutional Changes in the Sectors of Electricity, Telecom and Urbanization with the Coming Up of Regulatory Reforms INTRODUCTION All economic reforms in modern India were the result of the financial crisis that occurred in 1991. Prior to this, India followed a state-led development strategy. Under this regime, most utility firms were public monopolies with their function carried out indirectly by the government. Late 1980s ...

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Impact of Budget Deficit on Economic Growth

13 Oct 2017

7 (2,541 )

Economic Growth The impact of the budget deficit on economic growth is theoretically explained through the effect of the deficit on the flow of money into the economy and through the supply side (infrastructure, education, etc). The more that government expenditure exceeds revenue the more money will be circulated in the economy, which leads to higher employment and output (McCandless, 1991). Rao (1953) indicates that government ...

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Case Study of Globalisation in Indonesia

13 Oct 2017

10 (3,698 )

Globalisation Globalisation encompasses increased international economic integration, evidenced by growing global markets, global resource flows, transnational corporations, global consumption patterns and intergovernmental agreements, resulting in economies becoming more interconnected through: Increased trade of G&S globally Increased global flows of production factors or resources (foreign capital, labour, and technology) Increased foreign investments, resulting in technological transfers Increased private savings or finance globally Harmonisation of the business ...

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Gender Economics in Turkey

13 Oct 2017

8 (2,862 )

Elif Çolak Informal Economy; Under Participation Trap; Added Worker Effect This paper will look at the gender issues by focusing more on female side. Women in Informal Economy Worldwide, women’s involvement in the informal economy has increased since the early 1980s, as economic restructuring reduced job opportunities in the formal sector, increased the flexibility and casualness of labor markets, and increased the need for additional family ...

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Total Cost of Illness Analysis

13 Oct 2017

5 (1,804 )

1. Introduction: By analyzing recent health related data and health activities it seems that positive changes has been initiated in Bangladesh health care system. Some health indices progress praised by internationally such as maternal and infant mortality, vaccination, birth control, cholera and arsenic prevention. Government as well as private sector spread the services to the rural area. The quality of health care drastically changed in Bangladesh ...

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Theories For Remittances

13 Oct 2017

7 (2,761 )

Literature Review Introduction Remittances are transfers of money sent to home country by individuals working abroad. Remittance is mainly a household income and is sent back through formal channels such as cash or in kind and informal channels as well. Following a study carried out by Rapoport and Docquier (2006), the following reasons were found as main motivators behind the decision to remit: (a) altruism, migrant’s ...

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Output in the Innovation Process

13 Oct 2017

6 (2,108 )

1. Measurement of Output in the Innovation Process In terms of measuring output in the innovation process, patents have been used despite their shortcomings. First, one of the issues with viewing patents as output is the lag between receiving a patent and introducing a new product into the market incorporating this particular innovation (Alexopolous, 2011). Second, patents do not capture innovation that occurs outside of the ...

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