Game Theory: Summary and Analysis

03 Oct 2017

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Game theory began as a small branch in the financial industry with a great book written by John von Neumann and Oskar Morgenstern “Game Theory and Economic Behavior” on zero-sum games. The main focus is the analysis of decisions in strategic situations (games) and interactions in which the loss of one player will be equal to the win of player two. In addition, game theory is ...

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Banks: TBTF Concept

03 Oct 2017

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Literature Review The failure of a single financial institution has the potential to spark catastrophic losses in local, regional and global financial systems. The global financial crisis of 2008 has proved this. Financial institutions considered “too big to fail” (TBTF) have always been of concern to policy makers. However, this was highlighted especially during the global financial crisis, with the collapse of several large financial institutions. ...

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Benefits of International Trade to China

03 Oct 2017

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The purpose of this essay is to take a more in-depth look at International Trade and its relation to China. More specifically, this paper will respectively look at three theories of International Trade, respectively Comparative Advantage; Factor Endowment and Autarky to demonstrate the benefits, the blockage standing in the way of a propelling China. In the next section, the discussion will point to the political debate ...

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What is Time Banking?

03 Oct 2016 27 Sep 2017

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What is Time Banking? Time Banking is a way to give and receive support to build strong communities and networks to the public. One last time helps earns about one hour for the Bank (also called time credits, the balance of the benefit, or $ time). Time banking is based on the magic of “Pay It Forward," in return, is a good idea leading to another ...

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What Is A Mixed Economy?

03 Oct 2016 27 Sep 2017

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The most current economies offer a blend of two or more budgetary frameworks. People in general part works nearby the private segment, however may seek the same constrained assets. Blended budgetary frameworks don't hinder the private part from benefit looking for, yet do screen benefit levels and may nationalize organizations that are regarded to go against general society great. Blended monetary frameworks are not free enterprise frameworks: ...

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Government Strategies for Market Failure

03 Oct 2016 27 Sep 2017

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WHAT IS MEANT BY MARKET FAILURE AND HOW CAN GOVERNMENT ATTEMPT TO CORRECT IT? INTRODUCTION Amid the history governments have had different effects over the economy. For instance rulers had boundless force upon the economy amid the medieval times, however on the eighteenth century a popular Scotsman A. Smith issued his book. An Investigation into the Nature and Reasons for the Abundance of Countries, where he ...

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PESTLE Analysis of UAE

03 Oct 2016 27 Sep 2017

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UAE and Its Economy The UAE's rich history is established in exchange and attached to Islam, which went to the locale in AD 630. It has an open economy with a high for every capita salary and a considerable yearly exchange excess. There are numerous effective endeavors made for financial expansion that have diminished the segment of GDP in light of oil and gas yield to ...

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The Rice Subsidy Programme in Malaysia

03 Oct 2016 27 Sep 2017

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Rice is an important security crop which acts as a staple food in Malaysia. During the last 30 years, rice cultivation in Malaysia was converted from a subsistence farming crop, to a commercial crop which is highly controlled and subsidized by the Malaysian government. As rice is a major staple food in the country, a large range of protective policies has been introduced by the government ...

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Improving Job Quality in the UK Labour Market

03 Oct 2016 27 Sep 2017

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The prospects for improving job quality at the lower end of the labour market in the UK - pay Introduction Frederick Engels once wrote that labour is the prime basic condition for all human existence, and this to such an extent that, in a sense, we have to say that labour created man himself (1934). A person’s job helps define who they are. The level of ...

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Labor Market in Gulf Countries

03 Oct 2016 27 Sep 2017

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India Steps Up Pressure for Minimum Wage for Its Workers in the Gulf The Labor Market in Gulf Countries This section of the report is about the labor market in the Gulf countries and how it is affected with changes in the labor policies by the governments of GCC countries. The GCC consists of six Arab countries including all Arab states of the Persian Gulf, Bahrain, ...

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The Importance Of Agricultural Sector In Economics

03 Oct 2016 27 Sep 2017

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THE IMPORTANCE OF AGRICULTURAL SECTOR IN AGRICULTURAL ECONOMICS INTRODUCTION Agriculture is an important sector to the country’s economic development. It was one of the highlighted issues during Tun Abdullah Ahmad Badawi’s as Malaysia’s Prime Minister. Abdullah strongly believed that this industry can generate wealth and reduce poverty particularly among those from rural areas. One of the major thrusts of the Malaysian economic development since ...

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Theodore Levitt's Theory of Globalization

03 Oct 2016 27 Sep 2017

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To most of us, globalization—as a political, economic, social, and technological force—appears all but unstoppable. The ever-faster flow of information across the globe has made people aware of the tastes, preferences, and lifestyles of citizens in other countries. Through this information flow, we are all becoming—at varying speeds and at least in economic terms—global citizens. This convergence is controversial, even offensive, to some who consider globalization ...

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The Effects Of Tax Avoidance

03 Oct 2016 27 Sep 2017

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Summary Tax avoidance has been a major menace in many governments worldwide. Therefore, this article will focus on tax avoidance by multinationals and the tax loopholes that motivate this unfair practice among nations. Companies such as Starbucks, HSBC, Google, Barclays bank and Amazon have been accused on more than one occasion of corporate tax avoidance. How do they go about this and get away with it? ...

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Introduction To Supply And Demand In Economics

03 Oct 2016 27 Sep 2017

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Introduction to Demand & Supply According to one of the microeconomic textbook from Oxford demand & supply is the basis of economic of pricing that the prices are determined using the demand and supply concept. In other words, the demand and supply system is to show the dependence of demand and supply on price. Demand This session is the description of what is demand in economics. Joseph ...

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Supply Chain: French Wine From France To China

03 Oct 2016 27 Sep 2017

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Report on French wine from France to China France shared about one third of the import wine market in China. And China is now the fifth biggest export destination for French wine. In Figure 1, we briefly describe the main process of French wine from France to China. Figure 1. Main Process of French Wine Supply chain The supplier in the supply chain ...

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Social Security in France

03 Oct 2016 27 Sep 2017

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Social security system was founded in 1910 in France. The general scheme is presented in 1945. It was firstly intended to cover the whole population. Social Security consists of a set of institutions that serve to protect individuals from the consequences of various events or situations, usually referred to as social risks. There are four branches in the social security system in France. These are illness, ...

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Social Inequality And Insecurity In Canada

03 Oct 2016 27 Sep 2017

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ASSIGNMENT-2 Social inequality illustrates a scenario in a society where there is disparity that has limiting effect on a group’s social status and class. Inequality, in this reference, refers to the differences in status, experience, and outcomes among various groups of individuals in the society. The social inequality covers aspects like right to vote for every adult individual, right to speech, right to access property and ...

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Role Of A Smooth Economy

03 Oct 2016 27 Sep 2017

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In an economy, in order for a country to have balance it must have stability and growth to become successful and function properly. The economy is very important, as it is as defined as the wealth and resources of a country or region. A strong economy brings wealth and stability to consumers, borrowers, purchasers, savers, and lenders. We also need a balanced financial system that runs ...

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Impacts On The Retail Fuel Price In Malaysia

03 Oct 2016 27 Sep 2017

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Background description of retail fuel price in Malaysia According to the local news on 7 March 2013, the retail price of RON 97 will be RM2.90 per litre when it was previously RM2.70. Meanwhile, the retail price of RON95 remains unchanged as it is subsidized by the government. In May, a 20 sen drop incurred for RON 97 per litre. There was no change in price ...

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Ready-Made Garments (RMG) Sector Of Bangladesh

03 Oct 2016 27 Sep 2017

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Introduction: Entirely export oriented Ready-Made Garments (RMG) sector of Bangladesh has experienced a noteworthy enhancement since its commencement in last half of 1970s. Strangely enough, though this major industry is now totally based on private entrepreneurial efforts, its inauguration was rooted into an export consignment of Shirt which was done by Trading Corporation of Bangladesh (TCB), the state operated trading agency, in mid ‘70s. The export ...

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Public Expenditure On Education In India

03 Oct 2016 27 Sep 2017

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Abstract- Prioritizing amongst the competing ends for the government treasury is a big challenge for a developing country like India. Poverty eradication, health and other crucial social needs compete with education and create fiscal pressures. But an investment in education is considered inevitable. This research paper compares public expenditure on education in India in 2005-06 and 2010-11. As observed, government spent more on revenue account than ...

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Price Discrimination Concept and Types

03 Oct 2016 27 Sep 2017

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“Please explain in details the concept of “price discrimination”, what are the different types of price discrimination. Explain with the use of examples.”    According to Phlips (1983, p.5) “the more one thinks about price discrimination, the harder it is to define.” Phlips (1983, p.6) suggests that price discrimination should be defined as” implying that two varieties of commodity are sold (by the same seller) to ...

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Trends and Causes of Poverty in Sudan

03 Oct 2016 27 Sep 2017

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To measure the trends of poverty in a systematic way one needs a continuous flow of household-level data pertaining to income and expenditure. The first household budget survey carried out in Sudan was in 1968 followed by the second one on 1978. In 1992 the ILO funded the migration and labor force survey. Also, in 1992 the Social Solidarity fund funded the poverty line survey. In ...

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Original Aims Of The European Community

23 Mar 2015 27 Sep 2017

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This paper considers the original aims of the European Economic Community on its formation under the Treaty of Rome 1957 as a background to the transformation of the EEC into the European Community. A discussion of the subsequent development of the EC thereafter forms the main body of this work and the staged development of the EC through subsequent amending treaties provides the focus of the analysis ...

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New Zealand's Monetary and Fiscal policies

03 Oct 2016 27 Sep 2017

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(a) (i) Inflation Targeting An inflation targeting is a monetary approach used by government as a strategy to maintain the interest rate at a certain level. This normally involve up to two parties which are a government and a central bank that are responsible in keeping the price within a specific range. They would alter the interest rate in order to achieve favourable level ...

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Literature Review: Economic Growth Determinants And Models

03 Oct 2016 27 Sep 2017

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Introduction Economic growth is one of the most important fields in economics. Since sustained economic growth is the most important determinant of living standards, there is no more important issue challenging the research efforts of economists than to understand the causes of economic growth. Human capital has been identified as a key stimulus of economic growth. In fact, it can never be overemphasized that human capital is ...

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Law of One Price and Purchasing Power Parity Analysis

03 Oct 2016 27 Sep 2017

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Introduction The gradual emergence of globalisation in businesses has contributed towards a significant rise in international trade. Consequently, trading across countries has been prominent among businesses in order to seek higher growth opportunities available in the international markets (Michie, 2011). “Our willingness to pay a certain price for foreign money must ultimately and essentially be due to the fact that this money possesses a purchasing power ...

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India's Economic Engagements with Sub-Saharan Africa

03 Oct 2016 27 Sep 2017

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INTRODUCTION Africa till recent past quite easily qualified for the unceremonious category of “hopeless continent” that largely failed to provide basic services to their people that have non-existent or fragile government and are subjected to regular outside interference. Decades of impoverishment, factional feuds, power struggles, natural calamities, harsh living conditions and exploitative attitude of global powers ravaged most of the countries of Africa pushing them to ...

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Price Implications of Minimum Wage

03 Oct 2016 27 Sep 2017

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Impact of implication of minimum wages: the perspective of construction industries. Based on a simple figure by Thomas Werner 2013, show the impact of implication of minimum wages. In the figure 1 where the details of the following is represent, the (perfectly competitive) labour market with the respective (perfectly competitive) goods market and a very fundamental production function in a scheme of three quadrants. In ...

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Trinidad and Tobago: Policies on inflation

23 Mar 2015 27 Sep 2017

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On September 8th 2010, the Honorable Winston Dookeran, the Minister of Finance for Trinidad and Tobago presented the Budget Statement for 2010/2011 fiscal year. The budget gave a comprehensive summary of the financial plan of the government, giving details of its expected levels of revenues as well as expenditure for the 2010/2011 fiscal year. Of the many areas of concern raised in the Budget by the Minister ...

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Impact of Human Capital on Economic Development

03 Oct 2016 27 Sep 2017

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How human capital contributes to economic development? Introduction The education of a country plays a fundamental role in the development and economic growth since its beginnings in the scientific and intellectual revolution of the sixteenth and seventeenth centuries, and then the age of enlightenment which corresponds to the eighteenth century where the idea of progress was transmitted, this philosophy comes from the last century. Human capital has ...

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India's Economic, Social and Political Development

03 Oct 2016 27 Sep 2017

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Discuss how India has changed economically socially and politically with respect to other parts of the world. India is a developing country located in Asia; it is the second most populated country in the world. India in the past decade has changed economically, socially and politically. India has become an increasingly important part of the global economic landscape over the past decade. Its economy has become more ...

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How Economic Systems Allocate Resources Effectively

03 Oct 2016 27 Sep 2017

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Executive Summary Learning outcome two comprises of three questions. The first question speaks about economic systems; it will be explained in the research how these economic systems attempt to allocate resources effectively. According to Samuelson (n.d.) these three economic systems are: Mixed economy, command and free market. ‘Mixed economies may have a distinct private sector, where resources are allocated primarily by market forces, such as the ...

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Hong Kong's Economic and Sustainable Growth Policies

03 Oct 2016 27 Sep 2017

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Chief Executive Office of the Chief Executive Tamar Hong Kong In my capacity as the Hong Kong General Chamber of Commerce, I take pressure to write to you express my views on specific economic policies which are the essential features of Hong Kong’s economic development and the sustainable growth. From that perspective, the Hong Kong Government (HKSAR) should concern various factors within the region, in terms ...

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History of Indian Energy Sector

03 Oct 2016 27 Sep 2017

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[1]The power sector in India has undergone significant progress after Independence. When India became independent in 1947, the country had a power generating capacity of 1,362 MW.Hydro power and coal based thermal power have been the main sources of generating electricity. Generation and distribution of electrical power was carried out primarily by private utility companies. Notable amongst them and still in existence is Calcutta Electric. Power ...

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Greece's Policies to Improve the Employment Rates

03 Oct 2016 27 Sep 2017

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Introduction In the attached article in the references, it is shown that Greece has succumbed to a low employment rate since the financial crisis that has affected them in 2007. It is reported that Greece has reached an all-time high unemployment rate of 28% in November 2013 and has not been improving as of late till the point in which the article was written ...

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Importance of Expenditure on Education for Economic Growth

03 Oct 2016 27 Sep 2017

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CHAPTER II REVIEW OF LITERATURE - THEORETICAL AND EMPIRICAL PERSPECTIVE 1.1 Introduction Education is recognized as a critical input for the holistic development of the economy. Further, the elementary education plays a very leading role in acquiring larger positive externalities to the society. The provision of elementary education is one of the central responsibilities of the government. Many economic theories also suggest substantial role for the ...

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Free Trade Between Bhutan and India

03 Oct 2016 27 Sep 2017

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Question 1 Analyze the impact of free trade with India on Bhutan by describing free trades impact on agriculture. Outline introduction definition of free trade agriculture as a source of income benefits from free trade income generation from the agriculture products growth and development of the country employment opportunities increased in production high living standard negative impact of free trade increased countries dependency on other ...

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Economic Rehabilitation and Modernisation in China

03 Oct 2016 27 Sep 2017

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ECONOMIC REHABILITATION AND MODERNISATION PROGRAMME 1. Post Mao Interlude. (a) Fall of the Gang of Four, leadership under Deng Xiaoping restated the modernization program. (b) They also set new policies for accomplishing the Four Modernizations which was to turn the nation into a relatively advanced industrialized nation by the year 2000. The modernizations was to be in the field of industry, agriculture, science and technology, and national defence. ...

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Economic analysis: Australia

03 Oct 2016 27 Sep 2017

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Australia has had a good track record of prudent fiscal policy, strong macroeconomic management and performance, and good financial regulation over the years but most importantly all through the global economic crisis. In fact compared to other OECD countries it’s weathered the current crisis extraordinarily well. In 2012 the Gross Domestic Product (GDP) in Australia accounted for 2.45% of the world economy at 1520.60 billion US dollars. ...

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Analysis of Globalisation

03 Oct 2016 27 Sep 2017

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"Globalization”, a term developed for common usage in the 1980's to represent the progressing motion or movement between nations, intellect and wisdom, trades and money across the continent that has led to growth of interdependent behavior among themselves, economically, politically, socially and culturally. Though when mentioning the word “Globalization”, it is usually recognized as being driven by a combination of economic and technological factor. According to ...

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Comparison of Perfect and Imperfect Competition

03 Oct 2016 27 Sep 2017

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INTRODUCTION The Father of Economics Adam Smith in his book “ The Theory of Moral Sentiments”, wrote about the main characteristics of human beings. According to him a human being is very selfish or possesses self-love as well as there exists an invisible hand. The concept of self- love in human being is one of the most important factor in “ the value theory” as well ...

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A Radical Rethinking of the Way to Fight Global Poverty

03 Oct 2016 27 Sep 2017

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At an early age, authors Abhijit and Esther knew already that poverty existed. Through stories and observation, they were aware about the situation yet these did not satisfied them instead it motivated them to study, to enhance their knowledge and understand why poverty is such a problem that eliminating it is very difficult. The two authors have lots of question and because of that they made ...

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BIMSTEC and BCIM Initiatives & their Importance for India

03 Oct 2016 27 Sep 2017

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Background The emergence of regional economic cooperation among neighbouring countries is becoming a dominant feature of world economy. It means that globalisation has been escorted by regionalisation within different geographic regions of the world. It encouraged different countries and regions of the world specifically the countries of South-East Asia and North-East Asia to create collaborative ties with India. It results the formation of some ...

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Banking, Corporate Governance and the 2007 Financial Crisis

03 Oct 2016 27 Sep 2017

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Throughout the world, by the end of 2008, many banks had seen most of their equity destroyed by the crisis that started in the US subprime sector in 2007. Yet, not all banks across the world performed equally poorly. In this paper, we investigate how banks that performed better during the crisis, measuring performance by stock returns, differed from other banks before the crisis. Academics, journalists, ...

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SWOT Analysis of Venezuela

03 Oct 2016 27 Sep 2017

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(S)trengths: A natural endowment of the world’s most demanded resource, namely oil. Huge reserves of crude oil in the country. A boom in the oil price in the international market causes a flourishing of the Venezuelan economy; a rise in the employment rate and the GDP of the country. It also runs a current account surplus owing to the surplus revenues earned from oil. The non-oil ...

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Instrument Rules vs Targeting Rules

27 Sep 2017

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Instrument rules vs targeting rules? Should Central Banks commit to a simple instrument rule such as the Taylor Rule? How well does such a rule explain Central Bank behaviour? Do targeting rules provide a more compelling alternative? The Taylor rule has had a wide-reaching effect on the literature surrounding monetary policy design. It is a simple instrument rule which aims to show how interest rates should ...

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Empowerment of Rural Woman in Bangladesh through Agriculture

27 Sep 2017

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Introduction The gender issue in developing countries again highlighted at the World Conference on Women in Beijing in 1995 (Hicks 1997). Women’s work in the productive and social sectors is a key aspect of development. Everyone has a unique classification of empowerment based on his or her life experiences, behavior, and ambitions, person has the power to decide about their things, their life, and their actions ...

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Banking and Finance Services Sector in Singapore

27 Sep 2017

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1 Content Page Introduction What is the banking and finance services sector? Definition of banking and finance gives information of definition of banking and definition of finance. Finance means circulation of capital such as money and currency, or procurement and management of the capital, in connections with financing activities. Finance and banking service is Services and products provided to consumers ...

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Comparison of GDP and Inflation in Japan and Thailand

03 Oct 2016 27 Sep 2017

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Thailand    That have 2 main trends will be discuss. First one is the trend during years 1996 to 1999. From years 1996 to 1999, it was a period that Thailand created the Asian financial crisis and faced the recession from the crisis until the economy recovered. In 1996, Thailand was facing export stagnation because a decline of demand from First World countries, and also ...

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APL Vietnam Resource Allocation and Economic Policy Effects

06 Sep 2017 26 Sep 2017

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Economic systems attempt to allocate APL Vietnam’s resources effectively When people begin to buy and sell their products, economy was born, however, come with that there are many problems happen, so it’s time to set up a system to solve these problems in the effective way. And there are three types system that can help to solve problems; they are free market economies, command economies and ...

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Analysis of Price Setting, Poverty and Obamacare

06 Sep 2017 26 Sep 2017

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Question : 1 Nike’s charge a price Considering the Nike’s charging a price of a Air Jordan Basketball Shoes, economically we shall have to discuss about the price determining factors that why and how the Nike’s and under what circumstances is defining the price. The followings are the factors which can influence the Nike’s price determination: Cost of Product: This means calculation of all costs ...

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Development of Ireland's Economy, Retail and Housing Market

19 Sep 2017

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Introduction The post-war world has witnessed prodigious social and economic developments. As Parker (1989, p.237) has noted, ‘society has changed perhaps more rapidly in the last quarter century than at any other time in history.’ Inhabitants of the developed nations now enjoy a considerably greater amount of leisure time and disposable income than previous generations. Technological innovations such as the motor car and the aeroplane now ...

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Issues of Mineral Based Economies: Nigeria and Botswana

19 Sep 2017

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Why do Mineral-Based Developing Economies Face Economic Problems? The Case Study of Nigeria and Botswana 1. Introduction. Mineral-based economies have been defined as “those developing countries which generate at least 8 percent of their GDP and 40 percent of their export earnings from the mineral sector”. (Auty, 1993: p. 3). Two main categories of mineral-based economies have been identified. These include hydrocarbon producers and hard mineral ...

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Concepts of Cost Management in Business

19 Sep 2017

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In times of economic difficulty and greater financial pressures on organisations of all sizes, issues such as cost management, budget and the decisions they make in these areas become increasingly important. Regardless of the type of company, understanding the way in which cost concepts work and how they should be applied in the specific organisation is central to adding value to any business. Consideration will also ...

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Reasons for Moving Manufacturing Process Location

19 Sep 2017

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Question: You are a consultant manufacturing economist: you will need to explain to a senior manager: Why it is worth moving the production of the company’s holographic televisions from the current location in Europe to new faculty in China. The management team will expect you analysis with reasons and recommendations to cover items such as cash flow, transport, setup, direct and indirect costs, political situation and ...

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Analysis of CAPM and Three Factor Model

19 Sep 2017

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Introduction Capital Asset Pricing Model (CAPM) is the backbone of modern portfolio theory. According to CAPM, the expected return on stock is a function of its relationship with the market portfolio defined by its beta. However, Eugene Fama and Kenneth French (1992) brought together two more factors and found that stock return is based on a combination of not just market beta but also firm size ...

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Problems in the US and Global Housing Market

18 Sep 2017

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Problems Encountered in the US and Global Housing Market The U.S. Housing market slump has a long and inter-related history. Policies, financial packages and expectations during a housing market bubble, peaking between 2002 and 2006, accumulated a backlog of market forces ready to burst. The crashing housing market is a knock on from this unsustainable boom period, which we need to take a closer look at ...

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Creating Shareholder Value for Merger and Acquisitions

18 Sep 2017

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What factors determine whether mergers and acquisitions create value for shareholders in the banking industry? Introduction-Background There is a significant amount of debate around whether mergers and acquisitions do create value for bank shareholders, with Houston et al (2001, p. 1) arguing that “traditional studies fail to find conclusive evidence that bank mergers create value.” However, several other studies have revealed that bank mergers may create ...

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State Owned Enterprises and Private Corporations

23 Mar 2015 29 Aug 2017

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2.1 Introduction This chapter includes the review of previous literatures that introduced general situations of the two kinds of companies: state-owned enterprises and private corporations, and put particular emphasis on two typical companies: BP and CNPC. These formal research achievements formed the theory foundation for this study and also offered plenty of great ideas and precise research directions. 2.2 State-Owned Enterprises State-owned enterprises is a tool which ...

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Development of the Chinese Economy

15 Aug 2017 29 Aug 2017

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Abstract This paper discusses China's current Economic system and the transition it has foregone to get where it is today; The driving forces leading to China's enormous growth in recent years and whether or not currency manipulation has been a factor; and also where China's economy is going in the foreseeable future. How would you classify China's economic system, as it currently exists? China ...

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Electronic Money as an Alternative to Paper Money

14 Aug 2017 29 Aug 2017

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Electronic money (smart card), The Alternative Way of Paper Money Abstract: Everyday life has suburbanized by the modern technologies and money is not exclusion. The conventional ways of the monetary exchange has improved into electronic ones. Tonight electronic money has become progressively fashionable among people and around the globe. But some implementation of e-money e.g. credit card is not so efficient because it requires an ...

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Recession and VoC Approach Analysis

14 Aug 2017 29 Aug 2017

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"The economic recession that began in 2008 has shown that the Varieties of Capitalism approach has paid far too little attention to the common features of all capitalist economies." Discuss. Introduction The purpose of this essay is to look at the Varieties of Capitalism (VoC) approach, and whether since the recession this approach has paid little attention to the common features of all capitalist economies. ...

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Impact of Fraud | Importance of Fraud Prevention

02 Aug 2017 29 Aug 2017

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There has always been a case in our life when we have been deceived or scammed and not only us as individuals but us as a group and this often damages us. No one likes unfair competitions or disadvantages but some people think otherwise and deceive other people in order to get what they want .These people are called frauds as they benefit from others ...

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Advantages and Disadvantages of Free Trade

02 Aug 2017 29 Aug 2017

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Free Trade is imports and exports of goods from countries without any tariff barriers being imposed. Free trade allows prices to be lower for consumers so exports will be increased and there will be a greater choice and variety for the consumer. There are advantages of free trade these are the economy will growth slower and the government will spend less money as they will ...

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Land rights and Agricultural Investment in Ghana

02 Aug 2017 29 Aug 2017

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Summary The paper "The profits of Power: Land rights and Agricultural Investment in Ghana", put forward by Markus Goldstein (world bank) and Christopher Udry (Yale University), examines the effects of land rights on the investment and farm productivity in the Akwapim area in Ghana. It examines the relationship between social relations, political structures, institution and economic activity in order to understand the economic behaviour ...

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Economic Models for Scarcity of Resources

02 Aug 2017 29 Aug 2017

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Scarcity of resources is one of the basic issue in the economy. Countries all around the world has limited amount of economic resources to fulfill the unlimited needs and wants. Therefore people need to select what to produce, how to produce and for whom to produce. These three fundamental questions required to accomplish in the most ideal way by effective utilization of resources. In this ...

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Analysis of Borrower and Lender Households

02 Aug 2017 29 Aug 2017

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Macro Comp Question 1 August 2015 Suppose there are two types of households in the economy. "Borrower" households borrow funds from "lender" households to purchase housing. Borrower and lender households differ in two ways: first, only borrowers value housing, while both types value non-durable consumption. Second, borrowers discount future utility flows more heavily than lenders: 0 < βB < βL < 1. Both borrowing and ...

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Women in SMEs, Politics and Corporate Bangladesh

02 Aug 2017 29 Aug 2017

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A New Outlook of Women in SMEs, Politics and Corporate Bangladesh. Abstract In this paper, I will explore the status of women in corporations, politics and various other industries in Bangladesh. In exploring the multitudinous breakthroughs that women have achieved overtime, I will provide empirical examples of their journey to the leadership positions in Bangladesh. I will present the traditional socio-economic and cultural background that ...

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Assessing Public Expenditure Management in Cambodia

02 Aug 2017 29 Aug 2017

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Cambodia Public Expenditure Management 2015 At the heart of economists is predominant on how to use the resources. When it comes to public resources, management of these resources is the concern of ministries of finance or economy, central banks, and the other international governmental organisations like the World Bank, Asian Development Bank, International Monetary Fund, and so on (Mundial, 1998). Thereby, an approach like public ...

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Impact of Affirmative Action Policies

02 Aug 2017 29 Aug 2017

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CHAPTER ONE: INTRODUCTION BACKGROUND Throughout the world, various forms of social segregation create different sects of people who live as minority groups within national boundaries. A minority population is an often socially and economically disadvantaged and discriminated group of people. Discrimination is not only a social and moral issue, but also an economic issue. According to a report[1] by the Center for American ...

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Industrialization as an Engine of Economic Growth: India

02 Aug 2017 29 Aug 2017

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A Case Study of India Introduction The process of Industrialization is considered at the core of economic growth in any economy and it is critical for development and progress. Since the Industrial Revolution, secondary sector development is regarded important for mass production, provision of employment opportunities, gaining advantage of technological advancements. The development of industrial sector has had spillover effects and brought about innovative solutions ...

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Energy Consumption and Economic Activity

02 Aug 2017 29 Aug 2017

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Abstract Nowadays, most analysts agree that energy is crucial for the global economic output, as it constitutes the backbone of international economy. Global trade, industry and ultimately our current lifestyle could not be maintained without it. As the world economy improves and new opportunities are created, it is expected that energy demand will increase significantly in the future. In recent decades, its significant role is ...

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Impact of the Mechanical Reaper

02 Aug 2017 29 Aug 2017

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The reaping machine commonly referred to as the mechanical reaper was invented by Cyrus McCormick and Obed Hussey in 1833 and 1834. It followed a major pattern for its uses in the harvesting of wheat and other small grains as well as grasses. The invention of the mechanical reaper drastically changed the lives and yields of grain farmers. In regards to the eventual success and ...

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Impact of the Corn Laws

02 Aug 2017 29 Aug 2017

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The Corn Laws were a series of policies which aimed to stabilize the price of corn by imposing some tariffs and restrictions on corn imports. For example, they prohibited the importation of wheat when the home price fell below 80 shillings a quarter. The Parliament discussed them between the 1815 and 1846. The issue interested all the social classes, as corn was the principal food ...

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Strategies of Money Laundering

02 Aug 2017 29 Aug 2017

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Money laundering is a serious global crime that has been occurring, as historians have noted, for roughly four thousand years. In China, the first instances of money laundering occurred when merchants engaged in trade that was sanctioned as illegal by the state. Merchants were forced to contrive a system that allowed them to conceal their profits from suspicious bureaucrats who would otherwise confiscate their wealth. ...

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Assessing if Governments in Developing Countries are 'small'

02 Aug 2017 29 Aug 2017

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Governments in developing countries are 'too small'? A discussion cross-referring in different stages of development Economic Analysis of the Public Sector Introduction Assessing if governments in developing countries are 'too small' is not a simple task, since many subjective concepts arise from the affirmation. To start with, there are no agreed global criteria to distinguish between a developing and developed country (World Bank 2016). On ...

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OPEC's Determination to Rise Oil Price in the Future

02 Aug 2017 29 Aug 2017

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On February 10th, OPEC acclaimed that they had achieved 90% of compliance that they would cut down 1.8 million barrels per day. OPEC has always been considered Oligopoly. Some of those countries which are oil exporters allied together and formed the OPEC. It was successful from 1973 to 1981. Through their strategy of controlling the output of crude oil, OPEC raised the price from $3 ...

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Effects of Free Trade Agreements on Trade and Growth in US

02 Aug 2017 29 Aug 2017

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The Effects of Free Trade Agreements on Trade and Growth in American Countries: Evidence from the Gravity Model Approach Trade as a driver of growth and development is a concept that has been addressed from different perspectives or approaches for scholars and policy-makers. However, an integrative path was sealed with the creation of the World Trade Organization ...

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Microfinance as a Strategy to Fight Global Poverty

02 Aug 2017 29 Aug 2017

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Critically discuss the following statement: "Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.", Jonathan Morduch, UN Expert Group on Poverty Statistics. Microfinance, as a special arrangement form of financial system, a provision of financial services to poor and low-income groups, has made important contribution poverty alleviation in many developing countries. Scholars have different view on microfinance ...

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An Example of Price Discrimination

02 Aug 2017 29 Aug 2017

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Discuss an example of price discrimination. Economics exists everywhere in our life. It plays an important role in explaining how the world works, how people behave in the society and how the government makes decisions on policies to deal with the relations with other countries. However, today I'm going to talk about something about "price discrimination", which, from my perspective, is the most wise and ...

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Analysis of Optimal Conditional Heteroskedasticity Model

02 Aug 2017 29 Aug 2017

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Abstract: Recently cryptocurrency markets have seen an immense growth. Bitcoin is one of the most popular cryptocurrencies accounting for the highest share of all cryptocurrency markets, even though it still remains rather unclear whether it resembles more to a currency, a commodity or an asset. Previous research has shown that Bitcoin is often used for investment purposes, a fact that suggests the importance of ...

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Do Competitive Workplaces Deter Female Workers?

02 Aug 2017 29 Aug 2017

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  Introduction The gender gap in the labour market exist whether you measure it by wages or promotions to name a few. Galor and Weil (1996) mention negative consequences of this is being "economic growth and fertility." In this area of researching their have been several papers all with different hypothesis's to explain why. The more recent being Niederle and Vesterlund (2007) stating ...

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Trade Patterns of Lithuania

02 Aug 2017 29 Aug 2017

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Introduction Trade among countries can be generally clarified as coming from the specialisation of countries in especially industries as moulded by the country's relative variable endowments. The development of trade specialisation after some time is a phenomenon that frequently reflects profound deep structural changes in the entire monetary system of a nation. After regaining independence in 1990, the reforms essentially changed Lithuania's economic relations with ...

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Trends of Transnational Companies

02 Aug 2017 29 Aug 2017

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In our today's world transnational companies (TNCs) play a crucial role in global economy as they are one of the biggest economic institutions. In this essay, I will give an explanation of what transnational company actually is, describe the main trends of TNCs activity and express my own opinion about transnational companies' future and compare it with the view of other views. To begin with, ...

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Indian Rupee against the U.S Dollars for a Five Year Period

02 Aug 2017 29 Aug 2017

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Indian economy is one of the most promising economies among the emerging markets in the world. The Indian economy underwent noticeable and a consistent growth for at least five to eight years from the beginning of the last decade. Though the present economic situation seems to have a declining trend due to administrative and political failures, Indian economy has the prospective for regaining its strength. ...

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Impact of Brexit on the Construction Industry

02 Aug 2017 29 Aug 2017

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Task Critically analyse the potential effects of the United Kingdom leaving the EU on a specific sector of the construction industry. Choosing just one sector of the construction industry, critically analyse the potential impacts on that sector of the UK's exit from the EU. Use economic theories and current economic data to explain and illustrate your arguments. Maximum 1000 words, excluding references. Presentation of Preliminaries ...

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WLB and WS of Employees in Nepalese Airline Companies

02 Aug 2017 29 Aug 2017

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CHAPTER IV Result and Discussion This chapter provides systematic presentation and analysis of primary data. Different statistical and regression model described in chapter three have been used for the study purpose. This section is divided into three sections. The first section deals with the presentation and analysis of the primary data and presents the results of questionnaire survey. The second section covers the analysis of ...

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How to Succeed in a Man's World

02 Aug 2017 29 Aug 2017

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Many people perceive women's rights movements as tactics to push for female power in society rather than female empowerment. Fundamentally, women's rights can be equated with human rights, and should be treated as so. Even though half of society is comprised of women, a majority of positions of authority and leadership are occupied by men. Women face many types of discrimination on a daily basis ...

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Price Controls and Pharmaceutical Drugs

02 Aug 2017 29 Aug 2017

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It is no secret that drug prices are on the rise. Pharmaceutical companies across the nation are gaining large profits through their hold on such a vital resource. Due to the qualities [m1]that characterize pharmaceutical drugs, companies are able to drive up prices without fearing sufficient decreases in profit. Corporate leaders are aware of their position because drugs are an inelastic good. Therefore, they are able to increase their ...

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The Power of Incentives

02 Aug 2017 29 Aug 2017

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The development of renewable energy technology has significantly contributed to the increase in the amount of renewable energy consumed in the United States. Today, Americans consume more than double the amount of renewable energy consumed in 1975 and the industry continues to grow. In November of 2016, renewable energy made up 10.6% of total energy consumption ("Total Energy Data Analysis", 2017). Current trends in the ...

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Analysis of Chile's Economy

02 Aug 2017 29 Aug 2017

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Introduction This paper looks at the developments that Chile as a country has achieved so far. It employs one on one interviews with citizens of Chile while also conducting research on available literature on whether the World Bank and the IMF have been instrumental in the development of Chile or not. With a population of 17.62 Million people as of 2013, according to statistics from ...

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Financial Implications of Natural Disaster in Pakistan

02 Aug 2017 29 Aug 2017

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3.1. Introduction In order to follow a controlled research process it is essential for a researcher to understand type of his research, and identify the material (data) that he will need to collect, and analyse, to answer his research questions and achieve research objectives (Dawson, 2002). Research methodology is a systematic way to solve research problems and achieve on some result and draw the conclusions. ...

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The Circular Flow Model Analysis

02 Aug 2017 29 Aug 2017

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The circular flow model is used to represent the monetary transactions in an economy. It helps to show connections between different sectors of an economy. It shows flows of goods and services and factors of production between firms and households. The circular flow of income is a model that helps show the movement of income and spending throughout the economy. In the economy, households help provide ...

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Impact of Globalization on Countries

02 Aug 2017 29 Aug 2017

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Globalization is a multifaceted phenomenon. The term Globalization is a controversial term and has been define in several different ways. Some concentrate on the monetary perspective and thus stress the worldwide economy standpoint, though some concentrate on the social parts of this phenomena and how globalization has effected different aspects of their culture, still others concentrate on the political parts of the structure of globalization, ...

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Gender Inequality in Business

02 Aug 2017 29 Aug 2017

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In today's business world, there has been a lot of change in the number of women participating in the labor force. For the past years, the number of women in the workforce rises dramatically. Unfortunately, women are still being treated lower than men when comparing their wages, and gender inequalities in the workplace have been very considerable. Women continue to earn considerably less than men, ...

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Arguments For and Against the Minimum Wage

02 Aug 2017 29 Aug 2017

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Use economic theory and supporting material to discuss economic reasons in favour and in disfavour of an imposition of a minimum wage. After careful and long consideration, the government in UK decided to implant a National Minimum Wage in April 1999. The wage is set to £3.60 per hour and £3.00 per hour for those who are 18-22 years old. (Economics Online 2017)The Low Pay ...

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Impact of Intersectionality on the Labor Force

02 Aug 2017 29 Aug 2017

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Question 1: How does the intersectionality of being a person of color and a woman affect them in the labor force? The term intersectionality is intended to understand the social categories of minorities such as class, race, and gender and how they intertwine and overlap with various interdependent systems of discrimination. It highlights the disregarded experiences of groups of minorities in several ways. Intersectionality provides ...

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Analysis of India's Service Sector

02 Aug 2017 29 Aug 2017

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The services sector is not only the dominant sector in India's GDP, but has also appealed significant foreign security tides, significantly backing to exports as well as provide large-scale employment. India's services sector covers a wide variety of activities such as trade, hotel and restaurants, transport, storage and communication, financing, insurance, real estate, business services, community, social and personal services, and services associated with construction. ...

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Conventional Versus Unconventional Monetary Policy

01 Aug 2017 29 Aug 2017

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Abstract This paper offers information regarding the different types of conventional and unconventional monetary policies. It supplies content that is relevant to how these different policies affect the markets. Specifically, this paper provides information on the three different policies that are used under conventional monetary policies, unconventional monetary policies, how they are compared and when to use the unconventional monetary policies. These policies are in ...

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