There is a massive empirical literature on both growth and volatility effects of financial globalization (Kose et al., 2009). In neoclassical economic theory, financial globalization is recognized to be a driver of economic growth and
The company provides employment to most individuals worldwide, and they are committed to supporting most development programs.
According to the enterprise profile, Russia has a complex government structure. In addition to, Russia has a high level of corruption, which is
According to the experts, there can be a few significant causes for the fluctuations in gold price in the months of 2008 and 2009. One of the major reasons had been the ill-effect of ‘inflation and deflation’ as a consequence of the recent financial turmoil in 2008.
this paper covers major theories that policy makers and economists should take into account in order to steer development in their respective countries. Major theories that are discussed include. Harrod-Domar theory, Neoclassical Growth theory, Theory of surplus labor as well as
The downward-sloping demand indicates the amount of product demanded and its respective current price in the market. The conventional law of demand states that ceteris peribus, an increase in price leads to a decrease in the amount
The author states that the January 2013 unemployment rates across the various levels of educational attainment are lower than the equivalent rates for January 2012. This development shows that more jobs have become available and that more of the country’s unemployed have taken jobs by January 2013.
imals from the animal shelter are, the more the elastic demand while the lesser the substitutability of these animals from the animal shelter, the lesser the demand would be elastic.
2. When demand is elastic, price and total revenue relate inversely. As such, when the prices
He says that these two regions produce the cheapest fuel in the globe. Moreover, North America is accustomed to Hurricane disruptions, which make exploration, and refining cost. However, this natural disaster
The net exports are calculated by deducting earnings from imports to those of exports. Gross domestic product is used to monitor a country’s economic stability.
GDP is limited as a measure of production because it does not reflect on all
Central banks that have sufficient autonomy from political dealings are typically associated with lower rates of inflation. Up to the twenties, the US used gold standard where people owned coins and the nation’s currency
2013 witnessed a budget deficit of $1.2 trillion and a total debt burden of $17 trillion. Though America through continuous effort has reduced its target budget deficit of $4 trillion by almost 50%, but still it
preference shares and ordinary shares.
According to macroeconomics, the aggregate demand is defined as being a total demand for services and goods that are final in an economy at some point in time. Although the
Outsourcing is practiced almost by every company mainly because it is cost-effective. Often, there arise misunderstandings on the precise achievement a firm attains by outsourcing its services. Using Walmart as case study, this paper investigates the impact of
I think it is going to take more than a year for the economy to stabilize itself. My prediction is that by the summer of 2010 the unemployment rate will be a few points lower than now.
The global economic lowed commodity prices and export
This is the destruction of existing technologies and systems by the emergence of newer and more efficient ones. Posner makes three main points in his article. The first one is that Amazon, and other online vendors are responsible for the demise of Bookstores
ergy, which keeps our air and water clean and it is high time that US government continues to extend their support by providing more and more incentives for the cause of developing renewable and clean energy.
The US hydropower industry has metamorphosed into a big league in
The transportation cost to attend the popular Justin Beeber concert was $15. The concert costs are direct cost. Evidently, the $50 indirect costs are greater than the preferred direct concert attendance cost, $35. Direct costs are attributed to a specific
Countries like China, India and Brazil are doing their best to move towards an export orientation mechanism because it ensures that they stay ahead of their competing nations as well as show a will to break the
The author states that since consumption is relative to output a decrease in output impacts in a similar way to consumption as they are positively related. Therefore it can be seen that increase in depreciation will reduce the capital stock, in the long run, reducing capital, capital-output per worker and finally consumption.
The article addresses each of these issues and what Pres. Barack Obama must do to achieve good results together with the people who might be able to help him. Fiscal cliff, Tomasky suggests, will most probably be responded to with the impending tax increase
ors talk of the emerging markets that are capturing the world’s economies by storm, and how they are affecting the economic trend in the varied jurisdictions in which they operate. In this article, the presence of multinational corporations is also discussed, and how they
fact that the government should spend what is allocated in the budget makes deficit spending an option taken to minimize recession of any other form of financial risk a nation experiences. Generally, deficit spending is the spending of loaned or borrowed money.
In providing an
g, investment, house price growth, and therefore, supply chain and demand in the property market, from the basic variables that have been employed for analysis purposes. The analysis and discussions herein have indicated strongly that the implementation of the recent
he regression line cuts the vertical axis whereas the coefficients of the variable represents the slope of the regression line, the coefficient of price is – 22.49817 and this implies that for every increase of 1 in the x-axis the value on the y-axis will change by -22.49817.
Talking of economic realities, Kristof and WuDunn of NY Times have presented a compelling human story involving the economic and social conditions in a small village in NE Thailand, in their article “Two Cheers for Sweatshops” which appeared in NYT of September 9, 20002.
Both antitrust and patent laws are vital in economies. Whereas patent laws attempt to promote invention and innovation through providing exclusive rights to inventors and innovators of their works, antitrust laws attempt to prohibit anti-competition within an economy that usually results into monopoly.
The article documents the past focus of the federal government on inflation as the sole and greatest cause of macroeconomic problems. In recent times however it has become apparent that the problem is no longer inflations but more to
Individuals are now able to protect their interests from inflation effects. In Unanticipated d inflation, businesses, and individuals are unable to predict inflation rates. This is because of volatile inflation from year to year. If economists make
These monetary authorities use the monetary policies to control the amount of money in circulation within an economy through instruments such as interest rates. The main goal of manipulating the economy through monetary policies is to keep in check vital
However, Cindy is in fear of losing all her life savings in venturing into a business that is not worth or profit generation.
Government subsidies, the product having the intervention or encouragement of the government
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Mali is sparsely populated and most of its lands are expansive deserts.The Malian economy is often vulnerable to the negative effects of climate change, and commodity price fluctuations. Also, the country is seen as having one of the fastest population growth rates in the world. When combined, these characteristics have fuelled instability.
Beachbody LLC is a multinational corporation that was founded in the year 1998. The company uses multi-level marketing and infomercial to sell weight loss, fitness and muscle building home exercise DVDs. Among its trending home DVDs include the Tony Horton’s P9OX
A Chinese firm is used for analysis to determine if the exchange rates affect trade flows in a systematic manner. It is beyond the analysis of this paper to compare the responses of the foreign country policies to the domestic policies that existed initially
China is the largest trading partner of the U.S. and it has successfully managed the exchange rate of its currency to their advantage. It would be worth contemplating the trade gap between these two countries in the last four years as