We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Management Paper - Essay Example

This is since reversing its role to allow high inflation will help solve the current crisis. It has been noted that if the policies that dictate maintenance of an inflation rate of 2% or below do not change to raise that rate, then some countries like Italy and Spain will remain incompetent in the Euro zone and will end up with unsustainable debts. The official strategy of ECB has included the Bundes bank’s legacy and has clearly used it. The interpretation the central bank has, regarding the price stability, has revealed it to be the one with the most restrictive policy on price stabilization of all the major central banks. This is because it has had the experience (through the observation of the reaction of the other central banks policies in regard to the central banks in the euro zone countries), which have had high inflation previously. It has, therefore, had its full commitment to seeing to it that high inflation does not occur. However, it is of great importance that as the ECB crashes the thought of high inflation, (which they focus on as a way of ensuring that there is an economic growth elsewhere and the rate of reference being as low as 2%) is very low and may be damaging in circumstances like that the euro zone is in. This situation has been seen as one of those times that policies need to be redressed and made more specific to face the situation. The effect of having the interest rate lower as the policy dictates is that there will be very little room for an adjustment in the

Check these samples - they also fit your topic

Management Essay. Jumeirah Group
Most companies are embracing expanding into international market to grow their revenue and reduce the impact of competition within their home country since international diversifying strategy can enhance company’s’ growth and performance (Hwee 2007, P.17).
10 pages (2500 words)Essay
Humanistic Era Reflection Paper ( Evolution of Management)
With industrial revolution, the workforce got enlarged and this workforce was not skilled at their assigned tasks. The workers were assigned tasks that were beyond their expertise. According to Huston and Marquis (2008), the scientists of management and organizational theorists started taking interest in the issues of employees’ contentment related to their assigned jobs in the manufacturing business due to employees’ dissatisfaction in 1920s.
4 pages (1000 words)Essay
WK3_Performance Management Paper
WK3_Performance Management Paper INTRODUCTION Performance management is a continuous process which is widely practiced by numbers of organization for ensuring enhanced and efficient performance at different levels and departments of the origination. Accordingly, performance management has much broader scope and entails wide array of functions.
4 pages (1000 words)Essay
Management Planning Paper College Essay
While senior executives plan the direction of the organization, managers at various level-prepare plans for their own section which are part of the overall aims of the organization. For many years, Arthur Anderson, an accounting company, has followed successful planning strategies based on ethical, legal and corporate social issues.
5 pages (1250 words)Essay
Management Planning Paper Essay
Planning has become the hallmark of well-managed organizations, managers are often skeptical about its usefulness and how it should be done. Some managers argue for a comprehensive, rational approach which lays out a course of action for five years or so.
5 pages (1250 words)Essay
Management Information System Essay
Railways in the public transportation especially account for over 50% of the total market share in the public transport. This makes it clear that the rail transport market in the UK public transport industry not only forms an integral part of the public transportation but also contributes to the Gross Domestic Product.
16 pages (4500 words)Essay
Project Management Resources Paper
The resources would be divided into two teams with one team responsible for design and development and the other team doing the requirements and testing aspects. The
4 pages (1000 words)Essay
Functions of Management Paper
For example Toyota uses steel, glass and raw materials to manufacture cars. There are four types of resources that are needed to be used in management process. Research scholars believe human resource such as people are the biggest asset for any
3 pages (750 words)Essay
Air Traffic Management Paper
This legislative act forms part of a bunch of air traffic management regulation. It is meant to create optimum utilization of European airspace, with the
3 pages (750 words)Essay
Invention Strategy and Mind Mapping for Expository Essay
The following paper illustration shows the steps that will be undertaken in order to write the expository essay. Firstly, the usage of Smartphones will be studied from a general perspective. Usage of Smartphones would be researched by keeping in mind that it is one of the significant technological advancements that have taken place.
2 pages (500 words)Essay
currency union as the countries like Italy and Spain will have to cut their costs relative to that of Germany, as the only way of improving their competitiveness since they cannot devalue. In this case, therefore, the countries will be at the mercies of Germany’s performance on having their interest rates rise by a higher rate than the current 1.5 per cent. If this does not happen, then these countries will be trapped in debts and will lead to a deflation. Therefore, it would be better to have a higher rate of around 3% that will allow symmetry in an inflation target. The ECB is, therefore, required to pump more money to the euro zone to help solve this crisis; if it has to take serious actions to fight the crisis in the euro zone through economic development. It needs to buy the government debts and some other assets that are unsterilized to be able to deal with the situation as it has been with the other banks like with the Bank of Japan, the US Fed and the Bank of England, which were in such states previously (where even the aggregate demand had fallen). This is what is referred as to the quantitative easing {QE} and as a result, the private and public borrowing costs will reduce. The volume of credit will eventually increase. In addition to this, the economic activity will strengthen, and the QE will guard against the deflation risk. It is important for ECB to know that this policy is not meant to remove the problem that there is completely, but it is the only available option to fight a bigger problem than the one it will cause. The dual target of inflation as well as employment by the Fed has led it to its pumping up of more bubble. It has been forced to sacrifice sound
Cite this document
  • APA
  • MLA
(“Management Paper Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/management/1439566-26-eurozone-crisis-higher-inflation-is-part-of-the-answer
(Management Paper Essay Example | Topics and Well Written Essays - 750 Words)
“Management Paper Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1439566-26-eurozone-crisis-higher-inflation-is-part-of-the-answer.
  • Cited: 0 times


Running head: MANAGEMENT Name: Tutor: Course: Date: University: The euro zone is facing a great crisis that involves ways on how they will achieve economic growth. The fiscal policy applications will achieve little if the economic growth is not generated. The over restriction of the fiscal policy has been seen as one of the reasons for failure to the decisions that have been propagated, but the obsession that has been with the European Central Bank on the issue of controlling inflation is another [Felton, A…
Author : joliemetz
Download 0
Management Paper Essay
Read TextPreview
Comments (0)
Click to create a comment or rate a document
Let us find you another Essay on topic Management Paper Essay for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us