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The study would aim at answering these research questions: What factors affect the compensation of division 1 football coaches in the U.S.? Does the compensation of the division 1 football coaches in the U.S. follow the agency theory? What is the relationship between the compensation of division 1 football coaches and the compensation of other CEOs?
In essence this essay addresses the changes that occurred in England and transformed it from a subsistence based, feudal/ medieval economy to an Agrarian Capitalist society which smoothed the path for the subsequent emergence of the Industrial Revolution.
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12 pages (3287 words)
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The budget deficit for the financial year 2012 is 1,327 billion dollars (Chantril). The deficit for the years 2011 and 2010 was 1, 300 billion dollars and 1,293 billion dollars respectively (Chantril). The free market system exists in the economy. The budget impacts the growth of the economy and the allocation or redistribution of resources.
Agency Theory is a phenomenon mostly observed in institutions in which management and ownership are separate. This sort of mechanism is found mostly in a corporation, where the management of the organization is delegated to the managers of the organization (Berger and Patti, 2006). These managers are hired by the owners who hold stocks of the company and are part of the board of directors.
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The name of the company is Aldes Middle East (FZE) located in Sharjah, UAE. The company operates in the manufacturing of heating, ventilation, and air conditioning accessories and components. The consolidated corporate sales revenue for the company in 2000 was 144 million Euros. The company was able to add 20 million Euros more in the total sales revenue in 2005.
Conclusive decision on the correlation between financial markets and the real economy have not been reached in previous economic studies. As shown in the essay, various aspects of real economy affect financial markets either positively or negatively. In addition, it is made clear that financial markets impact on real economy.
There seems to be a general consensus among economists that house prices is one but an important variable in determining the direction that the national growth takes within a given economy at a given point in time. Like other goods and services in the market, the housing market is susceptible to the effects of demand and supply side factors, which may be quantitative and qualitative in nature.
BRIC countries - Brazil, Russia, India, and China - are considered to be the most promising and fastest emerging market economies of the world. They are prominent in contrast to other budding economies because of the fact that they not only hold economic potential but also possess demographic strength to become world leaders in a few decades.
As it is shown in the essay, there are number of studies that suggest how foreign aid could undermine the country-beneficiary and its people's ability to change their circumstance. Negative effects include the increase in power on the part of the government, the over dependence on foreign aid, and the adverse impact, referred to as Dutch Disease.
For a producer operating in perfect competition, when he raises the price of his product, his competitors do not raise their prices. As the demand for the producer’s product shifts to the products of the competitors, the producer is forced to resort to the original price. A monopolist does not have to worry about any such retaliation.
This paper explores the relationship between inflation and unemployment and identifies an economic problem which economies face stemming from the business cycle of economic growth.
The level to which fuel price fluctuations as affected by global demand for oil, which in turn affects transport costs can only be explained using supply and demand theories. This paper will discuss how fuel price fluctuation is affected by global demand for oil, which in turn affects the transportation cost.
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In sum, the economic relations between China and America have been characterized by a host of complexities. As it has come out from the review, America is an economically established country that has strong economic ties with various countries.
In the year 2004, Hungary had become a constituent of the European Union and was able to transform itself from a planned economy to a market economy. Even though this transition of Hungary was very encouraging and there was a continuous development in the performance of Hungary.
The main reason behind the occurrence of any recession is a decrease in the total expenditure of a country. Real GDP is considered the most appropriate indicator which gauges an economy’s movement. If the real GDP of any economy speeds up its growth rate, the chances for the economy to grow in the broader respects increase sharply.
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Central banks are public institutions. They are established by the government and are entrusted with responsibilities to perform specific functions in the economy. Initially, central banks were created to serve as bankers to the government, that is, manage government finances. However, over the years it added various other functions.
Industry Analysis: Toyota’s Position in the Automobile Industry.An industry consists of a number of firms which produces goods that are close substitutes for each other. The structure of the automobile industry is that of an oligopoly with a few firms showing dominance.
European Union’s trade policy toward the developing countries leaves detrimental effects on the economies of the developing countries. One way or other, the EU’s protectionism and extension of heavy subsidies to its local farmers have supported the notions that the EU’s double standards heavily affect the developing economies of the world.
The goal of this research is to see what contemporary authors have to say about the major risks faced by small and medium enterprises as they entering international trade. Theoretical frameworks related to the question are considered.
Deposit insurance is fixed and pays claims from a pool of funds to which every depository institution frequently contributes. However, this covers only a fixed maximum amount per account holder. Thus depository insurance is the measure taken by various banks to protect their client’s savings, either fully or partly to avoid the bank from returning.
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Regional economic integration among the Arab countries especially for the GCC countries has always been a notable phenomenon. The paper provides chronological review of the main stages of the Arab economic integration. Gulf cooperation council has become major regional intergovernmental political and economic union in this region of the world.
The government often involves itself in channelizing the funds towards themselves which in the deregulated market can flow into other sectors. The term that is used to describe such measures is called financial repression. Financial repression can have its effects on liquidating debts. McKinnon and Shaw first introduced the term in the year 1973.
The financial crisis affected the macroeconomic aspects such as the employment, government spending, domestic and international borrowing. In addition, it resulted to the poor performance of the stock market in many countries, collapse of the local and international financial institutions as well as bailout of the banks by the governments.
Noise creates a situation of risk for the noise trader. There was a development of a model of trader risk that insinuated that decisions on investments are done with reference to market noise, and these decisions are not rational and hence unpredictable from the simple fact that they are affected by the sentiments of an investor.
The objective of this paper is to establish the co-movement of macroeconomic index particularly the crude fossil oil and agricultural food prices based on Latin America preferably Colombia, Uruguay, Argentina and Brazil.
The Euro Zone is composed of a single monetary market and heterogeneous countries. The Greek crisis signaled a crisis of the entire Euro Zone. Chronological review of the crisis unfolding is demonstrated in the paper. Origins of the crisis lay in the Greek public debt. Politically, an exit by Greece at that time could imply a disaster for the EU.
Vilfredo Pareto (1848-1923), was an Italian economist and sociologist. He was born in Paris to Raphael Pareto. His father was a follower of Mazzini who was in exile in France. His mother was French. In 1858, Pareto’s family returned to Italy after his father was granted amnesty. Pareto began school in France and on his family’s return to Italy he continued his schooling.
Why China wants RMB currency undervalued? China's has been under contentious debate over the issues and implications of undervaluation of its currency, the Renminbi (RMB). Regardless of continuous international pressures to appreciate RMB, Chinese government strongly resisted large change at a time (Yang, Wei, and Simla v).
The economic system in the republic of Turkey can be classified as either capitalist or communist. This is solely dependent on how the country’s system of economy is managed. For instance, the Turkish government does encourage the citizens to explore investing in the market with the aim of making a profit; this explains the capitalist part of the economy (Kinzer 91).
The Inspectorate Division of the Nigerian National Petroleum Corporation (NPPC) noted how the multinational oil companies have greatly damaged the environment in the Niger Delta region. They said that there is a slow poisoning of the waters of Nigeria along with the destruction of the agricultural land and vegetation caused by oil operations.
The particular article refers to the potential effects of the growth of the population globally. The conflict between Julian Simon and Paul Ehrlich in 1980 is used in order to show the different perceptions in regard to the increase of population globally if compared to the past. More specifically, in 1980 a strong opposition has been developed between J. Simon, an economist, and P. Ehrlich, a biologist (Economist 2011).
Pre-Reform: In central planning-Around the 1950s there were major partners. These were centrally planned economies such as the Soviet Union which composed half trade activities. They became isolated from both capitalist and capitalism spheres in the 1960s and 1970s. During this period they adopted a strategy called ‘self-reliance’.
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Economic development in Thailand.Thailand’s economic development has strongly been market-oriented and has an open trade for investment with the rest of the world. Thailand has been having an outstanding performance in the economic development since late 1950s.
22 pages (4500 words)
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The central bank can be identified as an institution whose main task is to manage the currency of a country, its money supply as well as its interest rates. The central bank of any particular country is also responsible to look after the commercial banking system.
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As an upper middle-income country, Argentina demonstrates the features of a strong foundation for future market size growth, increases in foreign direct investment, and an augment in the percentage of high technology exports as a share of the entire manufactured products.
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The Great economic depression triggered off in the year 1930 in the US, it was triggered off by the collapse of the US stock market which is now known as Nasdaq. It was the worst period of US history. The economy of the US recovered from this setback only to suffer from a similar setback of a lesser magnitude in the year 2008 which is called a recession.
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Unemployment as described by the International Labor Organization happens when people are devoid of jobs and are vigorously hunting for work. Unemployment also describes the situation of joblessness in a society. Unemployment happens when an individual who is vigorously looking for employment is incapable of finding work.
The European Commission (EC) is a regional political and economic bloc integrating about 27 countries in Europe. Its creation was after World War II with the original aim to foster economic cooperation, promote independence among trading partners and minimize instances of political and social conflict through the harmony established by engaging in trade activities.
The developments in the land tenure system would not only bring more opportunities to invest in the agricultural sector but also encourage the security of farm households. If developments in the land tenure system are accompanied by developments in the rural financial markets, investments by farmers in the agricultural industries would increase.
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The study strives to unearth if the U.S. economy would be devastated again by the Chinese cars as it was flooded by the Japanese autos during the 70s and 80s. The Chinese automotive industry has been studied and described in details to present a clear picture of past and present of the Chinese car manufacturing practice.
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The transitional economy is a kind of economic system which is currently identified to witness a continuously developing phase altering from being highly centralized towards the construction of a free market structure. This transition can be identified referring to the implemented economic regulations planned for the development of an economy over a certain period of time.
The plan of overcoming the crisis was highly ambitious. The measures announced by the Government were clearly focused on increasing the global competitiveness of the country, first of all its finance industry The UK is well-placed in benefiting from the recovery of the global economy due to the strength of its economic and trade links with China.
This quantitative and qualitative method research study looked closely at the idea that Internet addiction is a problem with all the technology use on a daily basis. This study looked at 150 individuals between the ages of 18 and 70 to compile enough data to warrant concern regarding this problem.
The development of effective business practices is depended on various factors. Usually, the needs of businesses, both in the short and the long-term are taken into consideration for designing the key business strategies.
Broadly, this empirical study focussed on the subject of financial development and economic growth. In specific terms, the study will seek to explore the relationship between monetary policies and real estate development. Further, the study will narrow down on the impact of interest rates on the value of residential properties in the Czech Republic (Arner, 2007, p.
The country of Russia officially named as the Russian federation is situated in northern Eurasia. The republic of the country consists of 83 federal subjects. The country characterizes that of semi-presidential republic. The federation of the country is structured fundamentally.
As it is shown in the essay, even with huge upheavals in the western world with hundreds of banks and institutions collapsing, the Chinese economy has proved resilient, none of the banks collapsed, and the economy continued its growth. The main basis of such financial stability was the robust trade that China has taken up since the past decades.
The Stages of Growth by Rostow is a reinforcement of the traditional interpretation. The economic as well as social and political changes that occurred in Europe ceased being dependent on agriculture alone and devoted a major proportion of the available resources towards the production of nonagricultural commodities.
The positive and the negative incentives that drive the offenders into crime will be taken into account. The final portion illustrates the spatial incidence of crime. The project discusses the effectiveness of economics on social issues. Crime has been taken as a social issue and discussion on the economics of crime follows.
Advocates of globalisation stick to the view that it is a positive force necessary for the future acceleration of economic development, improving living standards, making enhancement of increased production, as well as efficient allocation of resources. On the other hand, those against globalisation are of the view that globalisation results in increased poverty and worsens income distribution among households.