Income Expenditure And Consumerism

23 Mar 2015 03 May 2017

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Ying (2003) conducted a research explaining the fact how children influenced the spending patterns of family and in about 27.8% of families, children's consumption uses one third of the family's total income. In 35.6% of families, children's consumption uses 40% of the family's total income. In 19.4% of families, children's consumption takes one half of the family's income. And in 7.4% of families, children's consumption takes over ...

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The Effect Of Sub Prime Mortgage Crisis

23 Mar 2015 03 May 2017

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Subprime mortgage exist to provide loan to those borrower who are not qualify for the conventional mortgage. It is a type of mortgage which is granted to the borrowers with poor or lower credit rating (Edoardo Turano, 2006).Generally, it offers interest-only loans because it is easier to afford. The loan does not require any principle to be paid in the few several years of the loan. Borrowers ...

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Comparative Efficacy Of Import Substitution vs Export Promotion

23 Mar 2015 03 May 2017

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In stimulating growth in developing countries with specific reference to any one east Asian country Competitiveness is the everlasting strength of any economy for its international trade. Development of economy is depending upon the development of economic globalization and international market which come through strategy advantage which adopted by country for international market. A country is becoming more and more severe by owing to different economic strength ...

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Benefits Of Technology Contribution To Developing Countries

23 Mar 2015 03 May 2017

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In such fast growing economies, multinational companies are relying heavily on technology to maintain their competitive position in the global platform. To do so, multinational companies constantly expand into new markets and hence their success is partly determined by their ability to transfer technology to local companies (Chen (1996), Chung (2001)). Transfer of technology is a foremost strategy initiated by the multinational companies during their international expansion. ...

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Museums: The Market For Education

23 Mar 2015 03 May 2017

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Introduction A museum is an institution where objects of scientific, historical, cultural and artistic artefacts are stored and exhibited. They continue to attract over 17 million visitors from around the world every year. However, over recent years, there has been a large debate about making admission to museums free of charge. This dilemma is significant for both the government and consumers therefore; I hope to provide a ...

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Political economic social technological environmental and legal analysis

23 Mar 2015 03 May 2017

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The country of Pakistan is one which is very volatile in terms of political stability. The current government is a democracy which was elected into parliament in February 2008, after its leading political person Benazir Bhutto was assassinated in December 2007. The last government was headed by Mr. Pervez Musharraf who resigned as chief of army staff and president of Pakistan, thereby ending the military rule in ...

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Literature Review On Foreign Direct Investment

23 Mar 2015 03 May 2017

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The theory of the determinants of private investment, irrespective of whether it originates domestically or from abroad, is relevant for an understanding of what drives FDI. This has become increasingly true with the globalisation of world markets, although there remain additional factors which may inhibit or encourage FDI that would not affect domestic investment. Much of the research on the determinants of investment is based on the ...

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Analysing counterfeit production in Malaysia

23 Mar 2015 03 May 2017

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Malaysia has a counterfeit market value of $378 million, with software dominating $289 million of that market value. (Havocscope Global Market Indexes, 2008). Most often the news broadcast on counterfeiting in Malaysia are usually associated with branded goods, and now, these items are circulating in the form of essential products and used on a daily basis. The Domestic Trade and Consumer Affairs Ministry's enforcement division, through their ...

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Industrial Development Of Malaysia

23 Mar 2015 03 May 2017

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Economic realists argue that a liberal market with optimum public control is the most effective recipe for economic prosperity of developing nations Sowell 1985, p.7-12. The case of industrial development of Malaysia since 1960 to the present indicates that economic realism is an interesting approach. In this paper, Malaysia has been used as the main case study to illustrate the effectiveness of economic realism. South Korea is ...

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A Microeconomic Analysis Of The Oil

23 Mar 2015 03 May 2017

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As one branch of economics, Microeconomics focuses upon the problems of decision-making within confined resources allocated. (Bade, 2001) Microeconomics, sometimes known as Price Theory, depend its research objective on the individual or active market single unit and analyze the potential method in maximizing profit and utility via rational and effective distribution of limited resources. The contents of microeconomics comprise a variety of theories such as consumers' behaviors ...

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The Garment Industry of Pakistan

23 Mar 2015 03 May 2017

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Textile and Garments is considered the most important sector of Pakistan's economy and the largest industry with a 46% share of total manufacturing. Accounting for 67% of exports, employment for 40% of the workforce and a 10.20% share in GDP confirms the importance of this sector. Pakistan's large available human resource pool offers an important incentive for further growth of this labor intensive industry. Contribution of Textile ...

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The essence of strategic management

23 Mar 2015 03 May 2017

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The purpose of this study is to identify and critically evaluate chosen external analysis. I have chosen the method of Porter's five forces in the sector of mobile telecommunications technologies- Sony Ericsson The essence of strategic management Management is a set of activities (including planning and decision making, organization, leadership such as directing and controlling people) aimed at the organizational resources (HR, financial, material and information) and ...

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Curb Youth Unemployment In Cameroon

23 Mar 2015 03 May 2017

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The promotion of entrepreneurship as a possible source of job creation, empowerment and economic dynamism in a rapidly globalizing world has attracted increasing policy and scholarly attention and Cameroon is of no exception. Despite the efforts made in addressing the issue, problems of unemployment as experienced by the educated youths and uneducated but skilled youths have become a major problem in many developing countries. A Poverty Reduction ...

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Impact Of Barriers To Entry On Market Strategy

23 Mar 2015 03 May 2017

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Purpose - The purpose of this paper is to review previous research and to propose a model for the impact of barriers to entry on the market strategy of an entrant firm, where product/market scope and product differentiation are central strategy components. The paper asks, what is the impact of barriers on market strategies of entrants? Are early and late entrants affected in different ways? Design/methodology/approach - ...

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Economical Comparison: India And Spain

23 Mar 2015 03 May 2017

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Introduction The economical factors in contemporary world play quite a significant role in characterization of the countries. This report would represent an economical overview of the two countries, examining the current state of their economical development. "Economic growth is the increase in value of the goods and services produced by an economy. It is conventionally measured as the percent rate of increase in real gross domestic product, ...

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Exploring The Coffee Beans Market

23 Mar 2015 03 May 2017

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Allocation of country's resources according to price mechanism: Allocation of country's resources according to price mechanism means considering the sectors as most potential sectors in which the demand is increasing rapidly and allocating the country's total resource on the basis of growth in demand. This process needs a long term analysis of previous market demand and relative supply. Free Market Economy: The term free market economy primarily ...

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Macroeconomics analysis of Starwood Hotels in China

23 Mar 2015 03 May 2017

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For a long time China was considered to be leading civilization in the world arts and sciences. However in the 19th and early 20th centuries China underwent civil unrest, famines, and military defeats. After World War II, China under Mao Zedong underwent an autocratic socialist communist system. In order to assure China's power and control he forced strict rules and regulations over everyday life of the people ...

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UK Construction Industry & Economic Climate

23 Mar 2015 02 May 2017

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Introduction The construction industry is very important to the UK's, and indeed to the worlds, economy. In the UK, it accounts for more than 10% of the country's Gross Domestic Product and employs and estimated 2.6 million people. In the last three years, an extra £33 billion has been made available to this sector to increase public services. Included in this figure are major investments in transport, ...

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Economic Integration And International Relations

23 Mar 2015 02 May 2017

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We live in a world that throughout the years has overcome many obstacles related to the relationship between countries and their own well- being, creating as a result tighter bonds and the transition from independent nations to interdependent nations that work together for a better quality of life and for the fulfillment of their specific interests. When referring to the economic and commercial prosperity, the strengthening of ...

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The Bargaining Power Of Suppliers

23 Mar 2015 02 May 2017

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In an Industry, there are always going to be changing competitive pressures. Michael Porter (1979) highlighted these pressures in his 5 forces model. (Porter, 1979, P.) 4.1.1 Threat of New Entrants The threat of new entrants to an industry establishes the capability to obtain market share, and other vital resources. As Porter (1979) argues that the emergence for threat of new entrants relies upon the barriers to ...

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Inequality in South Africa Nature: causes and responses

23 Mar 2015 02 May 2017

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South Africa is the country with one of the highest inequality rates in the world. This is not in all surprising as for most of the past century the majority of the country's population was forcefully discriminated against. But why after 16 years of democracy does it seem like times are now even harder than they were during the white regime? South Africa's distribution of wealth is ...

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The Indian Economy and The Licence Raj

23 Mar 2015 02 May 2017

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Licence Raj, refers to the involved various licenses, regulations and accompanying red-tape that were required to set up and run businesses in India between 1947 and 1990. The Licence Raj was the result of Indian Planned Economy where each and every aspect is controlled by States and Central Government. To start an any new business, one has to take approximately 80 licences, that are resultant into disinterested ...

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Monetary Model of Exchange Rate

23 Mar 2015 02 May 2017

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In this paper, the main focus will be on the forward looking monetary model of exchange rate determination and some points surrounding this topic. I will consider the purpose and make a comparative analysis between two models. The two key models I have chosen to use are the flexible price monetary model and the Dornbusch sticky-price monetarist model. For the purpose of this essay I will be ...

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Ireland is a truly multicultural state

23 Mar 2015 02 May 2017

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'Ireland is a truly multicultural state'. Discuss this statement with reference to other European societies and assess the Irish government's approach to diversity. In a state like Ireland, globalization and a talented workforce have combined to produce economic success which has led to an increased diversity of people in response to an increased demand for labour. This has led Ireland to become a multicultural state, ...

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Accession Of Russia To The WTO

23 Mar 2015 02 May 2017

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INTRODUCTION The World Trade Organization (WTO) represents one of the largest international institutes regulating foreign trade activities in general and its trading sector in particular. The big authority and popularity of the WTO in world economic community are connected, first of all, with practical benefit from participation in activities of this international organization. This benefit is reached because the overwhelming majority of the member-countries of the WTO ...

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GST system: Hurdles to implementation

23 Mar 2015 02 May 2017

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Executive Summary The differences between the current Sales and Services tax structure and the proposed GST system is also analysed. The current single stage sales and services tax is from 5% to 10% while the proposed broad based GST is 4%. This report also determines the importance of GST to the government's fiscal policies and the potential negative impacts of the proposed GST system to business entities ...

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International Tax Havens And Money Laundering

23 Mar 2015 02 May 2017

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Introduction Layering is the procedure of sorting out the capital gained from illegal actions from their source using different levels of composite fiscal transactions, for instance changing cash into traveller's checks, shares, investments, or acquiring expensive assets, for example painting or jewellery. 4 Introduction "In this world nothing can be said to be certain, except death and taxes." Benjamin Franklin (1789) Cited in Sharon (2009), p333 International ...

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Small and Medium Scale Enterprises in Malaysia

23 Mar 2015 02 May 2017

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This section defines the term small and medium-scale enterprise (SME) and discusses the significance of these firms in environmental degradation. The term 'Small and Medium-Scale Enterprise' or SME in short is broadly used to include any enterprise that involves relatively few individuals or employees engaged in activities that create waste byproducts. Any references in this Section and the followings to small firms or small enterprises refer to ...

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Role Of The State In A Market Economy

23 Mar 2015 02 May 2017

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Although state regulation in the modern market economy is carried out in a much smaller scale than it used to be in the command-administrative system, the economic role of government is still high enough, especially compared with the system of free competition. State regulation of economy has become necessary for the implementation of social policy, and general strategy of socialization in the broadest sense. Collective consumption or ...

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South Korea: Government and business associations

23 Mar 2015 02 May 2017

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In politics, as in economic life, South Korea has more closely fit the "strong state" model, in which the government has tended to outweigh particular social or group interests. Nonetheless, the balance between the government and various interest groups showed some dramatic changes in the late 1980s; as the 1990s began, observers found it likely that such changes would continue, despite efforts by the government to retain ...

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New Economy Model and tenth Malaysia Plan

23 Mar 2015 02 May 2017

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The global scenery has evolved dramatically pace over the past decade, the economies are grappling to find elusive way to renascent or even prosper. As an instance, in Malaysia; they attempted some principles such as capital control to rise from financial crisis. However, this formula used to drive Malaysia's success in the past no longer applies in today's environment. The increasing competitiveness of neighboring ASEAN countries and ...

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New Consensus in Macroeconomics (NCM)

23 Mar 2015 02 May 2017

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ABSTRACT          This paper seeks to look at the underlying framework of the open economy New Consensus models, providing a Post Keynesian critique. It outlines and explains briefly the main elements of and way of thinking about the macro-economy from the standpoint of both its theoretical and its policy dimensions.          There are a few problems and weaknesses with this particular theoretical framework. The critique is based on the ...

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Comparative Studies Between China And India

23 Mar 2015 02 May 2017

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Introduction: Comparative studies between China and India are becoming more popular now in the international level. China and India are among the largest economies in the world today. The Chinese economy has surpassed India by a wide margin over the past 15 years. I am comparing the growth experiences of China and India at a broad level, explaining why China has grown faster than India by focusing ...

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Non Monetary Factors Causing Inflation

23 Mar 2015 02 May 2017

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"INFLATION" is an situation of speedy and generous or constant boost in the level of prices along with subsequent detoriations in the rate of money above a period of point in time. A condition in which the measurement of money is declining, that price are getting higher. The conduct of universal prices is measured throughout price incidies.The movement of prices indices reveal the route of inflation or ...

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Agriculture Industry Linkage And Development

23 Mar 2015 02 May 2017

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The macroeconomic linkage between the agricultural sector and industrial growth has been one of the most widely investigated in the development literature. In the early stages, researchers paid great attention in studying the relationship between the agricultural and industrial sectors, and how these sectors were inter-related. They argued that agriculture only plays a passive role; which is to be the most important source of resources (food, fiber, ...

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Why should a company go international?

23 Mar 2015 02 May 2017

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Abstract Sumy pharmaceutical is a private limited pharmaceutical manufacturing company. That has been manufacturing medicine for about six years from now. The company wants to be one of the leading pharmaceutical companies in Nepal. But in order to do so they have to grow and increase their sales and market share, but how? However if the management/ company do decide to expand their business, want to grow ...

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Foreign Direct Investment On Host Country Economies

23 Mar 2015 02 May 2017

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Globalization has changed companies international activities over the year all over the world for well developed and developing countries (Stefanini2006). Globalization; countries worldwide dissemination of the material and spiritual values are considered as beyond national borders, among countries in the economic, political and cultural values, variable gain, resolution of ideological distinctions based on the polarization of different cultural values, beliefs and expectations and better recognition of the ...

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The Objective Of Shareholder Wealth Maximisation

23 Mar 2015 02 May 2017

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We all know that a firm has responsibilities for a number of interested parties or claimants like shareholders, creditors, customers, employees, managers, society, etc. Stakeholder theory states that "managers should make decisions so as to take account of the interests of all stakeholders in a firm" (Jensen, 2001). Stakeholders are various, ranging from financial claimholders to employees, managers, customers, suppliers, local communities, government, etc. They may have ...

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The Moral Codes And Social Sanctions

23 Mar 2015 02 May 2017

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Since the extent and way how private markets can respond to externalities depends from the reason, type and method for internalizing of a particular externality, it is appropriate to identify these concepts. Externalities are internalized when the marginal value of the externality is priced, that is, when the private marginal costs of carrying out the activity are equal to the social costs resulting from the activity. The ...

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Effect Of Financial Crisis On Indian Economy

23 Mar 2015 02 May 2017

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Introduction Financial Crisis - a very common word heard in the recent few years. Year 2008, the beginning of the credit crunch. It was like Tsunami waves which took away almost everything from the economies. Recession can be defined as "significant decline in the economic activity lasting more than a few months, which is normally visible in real GDP, real income, employment, industrial production, imports-exports, and wholesale-retail ...

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Types Of Organizations In UK

23 Mar 2015 02 May 2017

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There are a lot of types of organizations in UK today, but most common are sole trader, private limited company, government, partnership, public and Public Limited Company. The simplest structure is the sole trader. It is easy to start. You just register your business name and able to start trading. Such types of organizations are funded by only one person. All processes are managed by you and ...

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A Single Global Currency

23 Mar 2015 02 May 2017

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The financial markets of the world have been an integrated market as the development of the globalization. However, the free movement of finance across the different nations over the same period, following financial liberalization, makes the global financial and economic market unstable because of the fluctuation of the exchange rates between different global currencies, such as the dollar, euro pound and yen. Hence, a global single currency ...

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Supply And Demand In The Palm Oil Market

23 Mar 2015 02 May 2017

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The article by The Star news, titled "Labour woes hit palm oil" was posted on March 4, 2010. The article is about Malaysia's palm oil industry will miss out its goal of millions tonnes because of the shortage of foreign labour. 2.0 Introduction The star (March 11, 2010) reported Malaysia is the second largest producer and largest exporter of the world's palm oil which exports to the ...

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Energy Consumption And Sources Of Energy

23 Mar 2015 02 May 2017

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The report aim of this outlook was to contribute critically to the global debate on energy issues. It is to identify long-term trends and build on statistical reviews of the world energy and more specifically China and establish projections for national and world energy markets to 2030 while taking into consideration the fundamental evolution of the world economy, policy and technological augmentations. Data used to develop this ...

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Positive And Negative Outcomes Of Globalisation

23 Mar 2015 02 May 2017

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Globalisation is the process by which the world is connected as one through trade and set-up communication. This connection is occurring at a fast rate. According to Ervin and Smith (2008, p.2), "Globalisation describes the ongoing global trend towards the freer flow of trade and investment across borders and the resulting integration of the international economy." The need to trade and conduct business with other countries Is ...

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UK National Minimum Wage

23 Mar 2015 02 May 2017

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The UK National Minimum Wage is currently set at less than 50 per cent of median earnings. Should it be set higher? The National Minimum Wage (NMW) was introduced in the UK in 1999, with the goal of helping “as many low-paid workers as possible without any significant adverse impacts on inflation or employment” (Low Pay Commission, 2006) This essay will explore whether the minimum wage should ...

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Causes And Cost Control For Rising Drug Prices

23 Mar 2015 02 May 2017

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Prescription drug cost is a major concern in the United States as it has been rising radically during the past years. In the article "High drug prices, the U.S. elderly, and drug expenditure control policies" published in Business Perspectives, it was stated that among the Organization for Economic Cooperation and Development (OECD) countries, the United State has spent approximately 15% of its Gross Domestic Products (GDP) on ...

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Causes And Consequences Of Rising Food Prices

23 Mar 2015 02 May 2017

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The prices of staple foods such as corn, rice, wheat and oilseed crops have rasien constantly from the beginning of 21st century and made a dramatically increase from 2007 to 2008 as figure 1 shows. The causes of this price spike are complex and due to structural and conjunctural reasons, including the rising population, drought and the diet change in emerging country. The food prices has been ...

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Emerging Economy Of Developing Countries

23 Mar 2015 02 May 2017

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Before I get on with the definition of Emerging Economy, I would like to describe Developing Countries: "Countries or nations with an average income that is relatively lower than in highly industrialized countries, and are in the process of change toward economic growth. They are comparatively lower than the developed countries in terms of health care, literacy, and per capita income." Developing countries is the term which ...

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Pest Analysis Of Mice Tourism Sector

23 Mar 2015 02 May 2017

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PEST analysis will evaluate the success or effectiveness of any business or organization from the angle of political, economic, social and technological features. Political situation of a country plays a very vital role in the success of any business. Abu Dhabi Tourism Authority's (ADTA) plans to promote Abu Dhabi as a leader in MICE tourism in the Middle East, the favorable political situation in the country gives ...

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Why Is Recession Bad For The Economy

23 Mar 2015 02 May 2017

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A business cycle is the recurring and fluctuating levels of economic activity that an economy experiences over a long period of time. There are five stages in a business cycle. The five stages are growth (expansion), peak, recession (contraction), trough and recovery. A recession is a point in the business cycle where there is a general slowdown in the economic activity over a period of time. A ...

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Golden Rule for saving in Solow growth model

23 Mar 2015 02 May 2017

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Introduction: This paper focuses on Golden Rule for saving in Solow growth model, and will solve three following problems: 1. using the Solow model with human capital, derive and demonstrate the golden rule for saving. 2. Describe the behaviour of the economy as it moves towards the corresponding steady state growth path. 3. What factors are important when it comes to assessing the desirability and feasibility of ...

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Foreign Direct Investment On Brazilian Economy

23 Mar 2015 02 May 2017

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Over the last few decades, foreign direct investments (FDI) have played a very relevant role in Brazilian industrialization, attracted especially by the large domestic market. The political stability and government policies are also key factors attracting foreign investors. Because FDI can bring major benefits to recipient economies by enhancing their competitiveness, the competition to attract FDI has intensified among countries, especially developing countries like Brazil. Theoretically, foreign ...

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The Demand Side Factors For UK Housing

23 Mar 2015 02 May 2017

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To understand UK housing market growth over the period of time with respect to past and future trends and forecasts. What changes in house prices may occur in terms of demand and supply perspective. UK housing market is scattered into regions and then cities so we need to discuss each city or region to get over all picture of the market in reference to growth, demand and ...

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Government expenditure and economic development

23 Mar 2015 02 May 2017

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A Time-series Analysis of the Relationship between Economic Development and Government Expenditure in Syria Introduction During the last decades many questions have been raised by economists about the relationship between government expenditure (GE) and gross domestic product (GDP). Which of these variables is the dependent variable and which one is the independent variable in this relationship ? or it is a bidirectional relationship? And what is the ...

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Factors Affecting Beef Prices

23 Mar 2015 02 May 2017

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According to the United States Department of Agriculture (USDA), the number of cattle reported in the nation has declined to its lowest in 60 years. As of January 1, 2012 there were 90.8 million cattle nationwide; which is 2.7 million more than the record low of 88.1 million cattle in 1952. There have been two primary factors that have contributed to the decline in cattle, which resulted ...

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The Impact Of Globalization On Income Inequality

23 Mar 2015 02 May 2017

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In this essay the details of the globalization like what it is, why is it done and about its implication on the world economy and the redistribution of the income will be discussed to show the impact of globalization on the distribution of income. If we consider the world scenario, the income is more unevenly divided as compared to the distribution within a country. The purpose of ...

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Background Of Company: Telekom

23 Mar 2015 02 May 2017

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Introduction In economic field, there are many types of market structure. The common market structures that we all knew are perfect competition, monopoly, monopolistic and also oligopoly. In this assignment, we will put priority on monopoly and perfect competition. As we all knew that, monopoly is a situation where there is one seller which the firm is the industry and many buyers in the market whereas monopolistic ...

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Countries With The Brain Drain Issue

23 Mar 2015 02 May 2017

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INTRODUCTION Malaysia is one of the affected countries with the brain drain issue. "Malaysia aims to become one of the big high income nations by 2020, but the increasing rate of brain drain restrains it to reach that aim. Malaysia's population as of 2009 was 27.5 million, where at least 800,000 and up to 1.5 million Malaysians were living abroad" that is almost 2.9% to 5.6%. Most ...

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The history of the German economy

23 Mar 2015 01 May 2017

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The German Economy Germany is the largest economy in Europe. According to the CIA World Factbook it is the "fifth largest economy in the world in PPP terms"This is not surprising as it is, after Russia, the second most populous country in Europe with a population of 82.3 million. This huge, central European economy is a result of the 1990 merger between the superior Federal Republic of ...

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Foreign Trade Of India: Trade, Policies And Impact

23 Mar 2015 01 May 2017

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This paper aims to evaluate foreign trade of India focusing only on the period after its independence. The focus is on the character and structure of the Indian economy and the policy decisions of the government that led to the remarkable change in foreign trade in India. The paper delves into the development and growth theories that influenced India's policy decisions. It also looks into how India's ...

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How International Trade Has Helped The Chinese Economy

23 Mar 2015 01 May 2017

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China is the fastest emerging economy in the world and is also referred as a BRIC economy. BRIC is a term coined by a US investment bank in the year 2001 to refer to the four countries in the world which are Brazil, Russia, China and India. According to Goldman Sachs these four countries will become major economic powers in the world over the next thirty to ...

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Effect Of Unemployment On Crime

23 Mar 2015 01 May 2017

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This paper follows an outline commonly known as the panel data technique to try and observe the effect or the relationship that exists between unemployment and a variety of categories of crime reported in the New York. The data set spans around sixteen regions during the period from 1984 to 1996. Fixed as well as random models are approximated to examine the prospect of a causal correlation ...

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The advantages and disadvantages of the UK supermarket industry

23 Mar 2015 01 May 2017

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The advantages and disadvantages of the UK supermarket industry to consumers According to Anderton (2008:322), 'An oligopolistic market is one where a small number of interdependent firms compete with each other.' In addition, he also states another four main characteristics of it, such as 'Non-price competition'; 'Price rigidity'; 'L-shaped average cost curves' and 'Collusion'. Based on this theory, the UK supermarket industry can be a prime instance. ...

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Agreement On Agriculture Made Up Of Three Pillars

23 Mar 2015 01 May 2017

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In 1995, the year that the WTO was established, the first effective rules governing international trade in agriculture and food were introduced. Following the Uruguay Round negotiations, all agricultural products were brought under multilateral trade rules by the WTO's Agreement on Agriculture. The Agreement is made up of three 'pillars': market access, export competition and domestic support. All WTO members, except least developed countries (LDCs), were required ...

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An Economic Analysis Of Japan

23 Mar 2015 01 May 2017

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Japan is a very powerful country in the world in terms of the economy. It is the world's second largest economy after USA as of 2009 data. They have the second highest GNP after USA. (Economy, 2009 ). Although it was badly hit by the recent global economic meltdown it has started to show some positive signs of recovering after introducing a stimulus package by the Japanese ...

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Analysis Of Oliopoly In Supermarket Industry

23 Mar 2015 01 May 2017

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Advantages are greater than disadvantages in Oligopoly in the supermarket industry in the UK. In the UK, the supermarket industry is a extremely competitive industry because competition is inevitable. Four main players are included in the supermarket in the UK. Most consumers prefer more to go to the supermarkets such as Tesco, Asda, Sainbury's, and Morrisons than others in the UK. According to Geoff Riley, an author ...

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What is land grabbing?

23 Mar 2015 01 May 2017

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This paper we aim at providing a view over land grabbing in the World as well as answering the concrete questions, firstly: which differences can we find on land grabbing occurring in different parts of the World? And secondly: can it be considered as an opportunity or as threat? It is organized in three different parts and a conclusion. In the introduction we will try to explain ...

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Market Failure Justification Government Intervention In Sme Sector

23 Mar 2015 01 May 2017

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Regardless of their definition, Small and Medium sized enterprises account for a large percentage of businesses worldwide, and are key contributors to a country's economy. SMEs are the engine in the economy - the driving force behind job creation - and are characterised by innovation, rapid expansion, and adaptability (Zimmerer et al, 2008). Termed "entrepreneurial growth companies" or "gazelles", they represent over 90 % of businesses and ...

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The History Of Break Even Analysis

23 Mar 2015 01 May 2017

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The initial capital requirement is estimated to be $50,000 to $60,000. The sales margin is expected to be 7-10%, whereby each business segment contributes differently to sales and earnings. The classical logistics segment, of all segments, will have an average contribution to sales in relative terms (6.5%), but given the high sales volume, the largest in absolute terms. Revenues from transportation services can be differentiated into those ...

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Healthcare Industry In Malaysia

23 Mar 2015 01 May 2017

17 (6,582 )

Healthcare industry in Malaysia is divided into private and public sectors. Malaysian society places importance on the expansion and development of healthcare industry. With a rising and aging population in Malaysia, the Government wishes to improve many areas in healthcare industry including the refurbishment of existing hospitals, building and equipping new hospitals, expansion in polyclinics, and improvements in training and expansion of telehealth. Telehealth is the delivery ...

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US Economy: Unemployment And Inflation Rates

23 Mar 2015 01 May 2017

9 (3,467 )

The purpose of this paper is to determine the relationship between the rate of unemployment and the rate of inflation in the US economy. It has been mainly examined in the past that the rate of unemployment is inversely proportional to the rate of inflation. The relation is stable in the short run but in the long run it is different. Many works have been done on ...

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Taxation System In Pakistan

23 Mar 2015 01 May 2017

8 (2,999 )

Taxation in Pakistan is a very complex system including more than 70 different taxes and nearly 37 different government agencies administer the tax system. Around 10 million people are registered to pay taxes but only 1.9 million people pay taxes [1]. In 2002, Transparency International studied 256 respondents, among which 99% were facing corruption regarding to taxation. Furthermore, 32% of respondents were paying bribes to lower their ...

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Competitive Advantage Of The Indonesian Textile Industry

23 Mar 2015 01 May 2017

4 (1,258 )

INDONESIAN TEXTILE AND CLOTHING INDUSTRY International trading in the textile and clothing industry has seen a significant metamorphosis in recent years. Developing countries have been suppliers of raw materials such as silk to developed countries. In the last thirty years, the characteristics of international trading in the textile and clothing industry have changed due to the labour intensive nature of the industry and high labour costs. For ...

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Development Of Communication And Transport Technology

23 Mar 2015 01 May 2017

8 (2,933 )

Introduction Globalization is the on going process which facilitates the people of different countries to participate in goods, services and finance through mutual agreements and by infirmity of rules and regulations in different countries for greater cultural and economic operations. Globalization is the process of dealings with the countries all over the world in order to extend the global economy. Globalization affects the economy for many years. ...

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Trends In The Global Laptop Computer Industry

23 Mar 2015 01 May 2017

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Originally, there was one company that dominated the PC industry. IBM was the company that set the standard for other PC makers. Three distinct levels of PC makers emerged out of IBM's dominance. Companies in the first level, with IBM, were highly vertically integrated and competed in the high-end market by producing a more reliable and technologically advanced product. These companies typically made the most profit. On ...

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Policy ineffectiveness proposition

23 Mar 2015 01 May 2017

5 (1,847 )

"An implication of the Policy Ineffectiveness Proposition is that the sacrifice ratio should be equal to zero". Explain. Is this statement supported by empirical evidence? The Phillips Curve states that inflation depends on expected inflation, cyclical unemployment and supply shocks. It is given by the following equation: Adaptive Expectations The inflation expectations can be either adaptive or rational. Early New Classical Economics was largely based the assumption ...

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The Economic Situation Of J Sainsbury Plc

23 Mar 2015 01 May 2017

4 (1,522 )

J Sainsbury Plc is the parent company of Sainsbury's Supermarket Ltd, commonly known as 'Sainsbury's. It is the UK's longest standing major food retailing chain, the company was founded in 1869 by John James Sainsbury and his wife Mary Ann. Together, they set up a dairy shop at 173 Drury Lane, Holborn. John James was determined to offer pure food at prices everyone could afford. Being a ...

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Doing Business In Australia

23 Mar 2015 01 May 2017

9 (3,586 )

Summary This file has for main goal to analyze risk factors of Australia. We have conducted a study of legal, political, cultural and financial risks. Australia is the 15th largest economy in the world [1] . Australia's GDP is one of the highest of all countries and services take a major part in it with 70% of the GDP. United States of America are one of Australian's major partners ...

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Barriers and Constraints to Growth of Small Businesses

23 Mar 2015 01 May 2017

7 (2,426 )

It can be said that small businesses nowadays are considered as the key driving force to economic growth and sustainability no matter where in emerging or developed economies. They contribute greatly in economic development in terms of high profit returns, job creation and poverty elimination. Much effort has been placed to promote the development and growth of these firms however, entrepreneurs have still encountered barriers and obstacles ...

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Okun Law Unemployment

23 Mar 2015 01 May 2017

26 (10,251 )

Okun Law Unemployment Okun’s Law; an Empirical Test across Countries Abstract Okun’s Law postulates an inverse relationship between the change in the unemployment rate and the difference between actual and potential real output. The relation has proven to be an influential empirical framework in supply-side economics. This paper sets out to empirically test whether or not Okun’s Law holds and how it varies across the UK, ...

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Assessing The UK Manufacturing Sector

23 Mar 2015 01 May 2017

14 (5,304 )

UK manufacturing sector is a diverse sector that is based upon various industries, activities and technologies. There are some developed industries in UK like drinks and food, pharmaceuticals, aerospace and automotive and electronics industries. Furthermore some new industries are also developing in UK like biotechnology, low carbon, digital and advanced materials and nano technology. Overall UK manufacturing sector now becomes a balanced sector that is putting its ...

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Fiscal Policy In The UK Economy

23 Mar 2015 01 May 2017

6 (2,143 )

Fiscal policy is an economic policy by which a government adjust its level of spending in order to monitor and influence a nation's economy. Fiscal policy refers how the government use the budget to affect economic activity, allocation of resources and the distribution of income which comes from different sectors. The government uses fiscal policy in various circumstances and give direction to a countries economic goal. How ...

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The threat of globalization for smaller firms

23 Mar 2015 01 May 2017

8 (2,961 )

Globalization has costs and benefits. There are examples of poorly managed economies. (eg when countries opened their economic borders before they had the capacity to respond well) but there are also examples of well managed countries thatengage well with international community. Many governments and supranational authorities have committed themselves to encouraging trade in the world economy and further reducing poverty through the Millennium Development Goals (MDGs) and ...

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Positive And Negative Impact Of Rmb Appreciation

23 Mar 2015 01 May 2017

4 (1,419 )

Abstract of article: The yuan revaluation is a "double-edged sword," It gives us a positive impact: If the conditions to reduce the cost of imported products, so that the cost of mainland residents traveling abroad and study abroad would be lower, can reduce the external debt burden; also gave us a lot of problems: If not conducive to the export products of China's foreign trade enterprises, unemployment ...

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Balancing The Factor Of Production In An Economy

23 Mar 2015 01 May 2017

4 (1,516 )

Economics is the study of resources, their scarcity and the unlimited wants of mankind. The most appropriate definition is that by Lionel Robbins who defined economics as 'The science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.' Analyse this definition closely. 1.0 INTRODUCTION Economies can be defined as, thrifty management of resources, such as land, labour, capital and enterprenuership ...

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Features Of An Oligopoly

23 Mar 2015 01 May 2017

5 (1,940 )

1A Main economic features of an oligopoly and key economic theories of price fixing Introduction This essay aims to identify main economic features of an oligopoly. An oligopoly is a market structure where few firms share a large proportion of industry output among them. This situation occurs when new firms are not able to enter the market and compete with existing firms and demand of output is ...

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Trade Barriers To Protect The Domestic Industry

23 Mar 2015 01 May 2017

8 (3,037 )

INTRODUCTION Despite all the evident benefits of international trade, governments have a tendency to put up trade barriers to protect the domestic industry. There are two kinds of barriers: tariff and non-tariff. Tariff Barriers Tariff is a tax levied on goods traded internationally, that is on imports. As a result, the price level of imported products rises and the demand for them decrease, thus imports are less. ...

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Challenges Facing Bretton Woods System And The IMF

23 Mar 2015 01 May 2017

3 (1,141 )

During the World War II most countries of the world finally eliminated the remains of gold standard, it was not possible to exchange national fund as free anymore. Strict limitations of foreign currency were entered for national settlement of accounts and capital flow. The purchasing power and par of monetary standard broke away from each other because of the effect of inflation. Only in the United States ...

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Privatisation Of Public Enterprises In Nigeria

23 Mar 2015 01 May 2017

11 (4,076 )

This study examines the unintended consequences (otherwise called the dark side) of privatisation of Public Enterprises (PEs) in Nigeria. Nigeria's PEs were faced with myriads of problems which made government to embark on PEs sector-wide reforms via privatisation with the hope of giving more efficient structure to the Nigerian economy with attendant benefits accrue to the generality of the people. Exploratory method was used in the conduct ...

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Importance Of Oligopolistic Characteristics

23 Mar 2015 01 May 2017

7 (2,406 )

This paper focuses on the importance of oligopolistic characteristics in the global container shipping industry. It is difficult to examine this market although containerization has standardized the shipping industry. My approach to meet this controversial issue is to divide between three levels: the industry, alliances and the trade level. In my investigation I also use a graphic explanation, the concentration level of the industry, the cobweb model ...

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The Microeconomic Factors affecting a UK business organisation

23 Mar 2015 01 May 2017

6 (2,370 )

Introduction The aim of this report is to assess the microeconomic factors affecting a UK business organisation and a product within their range. The company highlighted is Panasonic UK Ltd and the product this report has been based around is the Viera 3DTV. Panasonic entered the fray of the 3D revolution in June 2010 with the world's first 3D plasma model. This product currently retails at an ...

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The Impact Of External Debts On Pakistan's Economic Growth

23 Mar 2015 01 May 2017

5 (1,785 )

In developing countries generally the debt accumulates as domestic savings are low and the payments deficits are high, therefore import of capital is needed to utilize the domestic resources. Currently Pakistan's economy is unstable due to unsustainable external debts. Debt burden is a great challenge for Pakistan's economic condition. To analyze the impact of debts we should observe the trend in foreign debts. Therefore in this paper ...

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Leaving Resource Allocation To The Price Mechanism

23 Mar 2015 01 May 2017

7 (2,548 )

The price mechanism mean is to determine price by the supply and demand of the product, if the demand is higher and production of the product is low so the shortage of the product will occur and price will increase. Advantages The price mechanism plays three important functions in any market-based economy the single function prices have a single function. Prices adjust to demonstrate where resources are ...

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The Market Forces Of Supply And Demand

23 Mar 2015 01 May 2017

7 (2,781 )

It is not enough for a buyer to want or desire an item. He or she must show the ability to pay and then the willingness to pay. So, here it is important to distinguish between demand and quantity demanded. Demand refers to how much of a product or service is desired by buyers. The quantity demanded, in its turn, is the amount of a product that ...

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Mode Of Transport For Your Goods

23 Mar 2015 01 May 2017

13 (5,180 )

Businesses rely on transportation to receive goods from their suppliers as well as deliver orders to their customers. The type of transport your business uses will depend on a number of factors: The products you sell (eg perishables or non-perishables) Supplier production lead times Product availability Customer lead times Source of supply (eg UK or abroad) Customs and Excise rules (eg duty or quarantine) Volume You can ...

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Tax Revenue And Economic Growth In India

23 Mar 2015 01 May 2017

7 (2,731 )

Since a long time it has been the consensus that mobilization of resources is a sine qua non for the planned economic development of a country. Optimum resource mobilization ensures increase in output, income and employment in an economy. Thus, it has been considered as the means to attain a high and rapid economic growth. The case of India is no exception. The development plans in India ...

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Foreign Direct Investment Impact On Tanzania Mining Sector

23 Mar 2015 01 May 2017

9 (3,542 )

FDI is made to acquire a lasting interest in a foreign enterprise with the purpose of having an effective voice in its management. It is a business investment in another country, which often takes the form of setting up local production facilities or the purchase of an existing business. It is normally undertaken by multinational enterprises (MNEs). FDI has grown greatly both in relations to trade and ...

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FDI In Multi Brand Retail In India

23 Mar 2015 01 May 2017

9 (3,251 )

ABSTRACT Retail is the sale of goods and services from individuals or businesses to the end-user. This is extremely important sector for Indian economy and as Indian government boldly announced the decision to open FDI in multi-brand retail, on November 24, 2011. The opposition and some allied parties forced government to defer this decision. There was opposition from the Trader's Association fearing that unorganized retail shops will ...

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Tata Motors company: Entry in South Africa

23 Mar 2015 01 May 2017

8 (2,823 )

Tata Motors is Indias largest automobile company, with revenues of $4.7 billion in 2004-05. It has the largest market cap of 54% in commercial vehicle segment in India, and 20% (second largest) in the passenger car segment. Tata Motors was established in 1945 and today has more than 3 million vehicles on Indian roads. Before 1990s, Tata mainly focused on the commercial vehicle segment. That time Tata ...

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