Globalization of Economy Essay Samples and Topics Online

American Industry during the War

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Despite the fact that most economies were wrecked by this war, the US economy emerged stronger, and the federal government got out of this war a huge potential.... The government of the day was able to make economic activities more regulated, which led to the economy facing partial consumption and spending control.... Despite the fear of most Americans that depression would haunt America again after WWII; up to 1970s, the economy experienced just mild recessions....

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The housing crisis in the U.S

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treasury declaring the collapsing housing financial system as the highly significant threat to the US economy.... The ramifications and ripples of the US economic crisis have swept across global landscapes owing to the long criticized financial system devised after the World wars in which the US economy is the heartbeat of global economic paradigm leaving the entire world susceptible to upheavals rocking the US economy.... The ramifications and ripple effects of the US economic crisis have swept across global landscapes owing to the long criticized financial system devised after the World wars in which the US economy is the heartbeat of global economic paradigm leaving the entire world susceptible to upheavals rocking US financial and stock markets and economy at large....

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Gross Domestic Product (GDP)

3 pages (750 words) , Download 4 , Research Paper

If the calculated GDP per capita is positive, it indicates that the economy of the nation is performing better compared to the previous year.... As such, a positive GDP will not necessarily mean a country has a low unemployment rate when the economy is “good”.... Logically, if a country has positive GDP growth, it means that economy is “good”.... o when the economy is “good” as shown by the positive GDP, it does not mean that everything is “good” for its people....

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Industrial Revolution Capitalism and Communism

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Subsequently, this labor force could not be made to fit itself inside the dimensions of medieval economy that used to be fully controlled by the monarchs, businessmen, and noblemen.... The lifestyle in agrarian economy was drastically different from that in the industrial economy.... Overtime by the workers and technology helped mass production, but economy did not always welcome this (Blumer, 1990)....

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Henry Clay's views of slavery

4 pages (1000 words) , Download 2 , Essay

Name: University: Tutor: Course: Date: Henry Clay's Views of Slavery and Impact on American economy Henry clay was one of the people who had a contribution to the state of slave trade in the USA abolitionists, even before the father of emancipation, Abraham Lincoln, came to the limelight.... There have been conflicting arguments on how the abolition of slavery affected the economy of the United States.... Some feel that the abolition was a big loss to the economy, especially the southern parts of America which were too dependent on slave labour for their extensive agricultural activities....

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Economics of Aging in Terms of How it Relates to Long-Term Care Facilities

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conomics of aging lays focus on the demographic trends of the population and the implications of population trend changes on the economy of the area under consideration.... From the available information worldwide, it is well documented that the steady low fertility rate will have unavoidable results in the economy in terms of the age difference and so will be the generational gap.... economy as an example, for the last twenty five years, defined benefit pensions, which used to be the primary means of retirement savings has eventually been replaced by personal retirement accounts....

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Comparisons and contrasts between the educational systems of Japan and Britain

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ell, Dearden, Meghir & Sianesi (1999) which claims that education benefits three levels of economy: the individual, the firm and the national economy. ... According to Wolf (2004), many believe that education is a prerequisite to a successful economy, which leads to economic growth and prosperity.... Japan, a strong industrial economy in Asia, capitalizes much on the Japanese workforce to propel its economy further and stay competitive amongst nations....

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The problem of debt crisis and the concept of its solutions in Mexico

66 pages (16500 words) , Download 2 , Dissertation

Generally, when there economy was performing well lots of private banks and foreign investors invest money.... But, as these countries' economies were based on mainly one or two sectors, any kind of downfall in the demand of the finished products of those sectors ensures the downfall of their economy....

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The New Rules of the Game

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The guiding principle is constant, whereby the encouragement of the stable global economy remains a top priority.... The requirements of the new rules include accurately made report to the global community by each and every national economy.... These new rules of the game are not subsidiary to the monetary planning for the fresh international economy: they are the monetary design for the new international economy....

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Discussion questions

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The government releases lot of money for spending and reduces on Fiscal Policies That Affect economy A fiscal policy is a decision by the government either to spend or collect revenue with an aim of manipulating the economy in a desired way.... Federal government uses two types of fiscal policies to regulate the economy.... An expansionary fiscal policy increases flow of money in the economy, which favours factors of production....

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The Governments Fiscal Policy

1 pages (320 words) , Download 2 , Essay

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The fiscal and monetary policy is important because it determines the amount of intervention or lack thereof by the government in stimulating the economy.... The 'invisible hand' as proposed by the great economist Adam Smith and to whom the classical view is attributed, suggests that the economy is able to repair itself without a need for a change in policies such as government spending or including tax reductions.... Economic problems such as recession naturally happen subject to correction by the economy itself....

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The Current Financial Crisis

5 pages (1500 words) , Download 2 , Term Paper

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Therefore, according to Keynes monetary policy has a major role to play in curbing recessions and depressions by balancing of the levels of saving and investment by regulating the supply of money in an economy.... miths contribution to the study of Economics lay primarily on his demonstration of the interdependence of the different segments of the economy and of the policies to be followed to promote the wealth of a nation.... He advocated for competitive markets without government intervention on the assumption that natural process within the economy have the ability to resolve conflicts more effectively than any arrangements developed by man....

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Gorbachev's Reforms in the USSR Collapsing

6 pages (1671 words) , Download 2 , Essay

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By 1866 when Gorbachev was introducing the Glasnost and Perestroika programs, the union was already suffering from supply shortages and inflation due to black market practiced by official economy.... The state subsidies and cost of superpower were not proportional to the economy of the soviet and the union was craving for the unmatched western technology.... he economic condition were so bad by 1990 as the government lost control of the economy since the government spending was greater than the revues as it continued to give subsidies and operating unprofitable business, tax revenues were withheld by the local government who supported the regional autonomy, the anti alcohol campaign reduced the government revenue though this tax had contributed 12% of the in state revenue 1982....

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Ethical and Social Responsibility

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In an emerging market economy, just like Anglo American, all other business firms have many legacies of a command economy to overcome.... Moreover, as a primary producer, Anglo American plays a major role in the world economy as mining operations have greater impacts on the environment and on the societies where they work calling for a higher social responsibility. ... overnments in this globalised economy are struggling with many challenging socio-economic problems for which they need companies to find out solutions....

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The American Recovery and Reinvestment Bill

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This paper presents the American Recovery and Reinvestment Bill which was the first essential step by the government to produce and preserve three to four million jobs, start up the economy, and start transforming the economy for the 21st century with $787.... he American Recovery and Reinvestment Bill was the first essential step by the government to produce and preserve three to four million jobs, start up the economy, and start transforming the economy for the 21st century with $787....

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Portable Electric Power Tools Industry Development

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million indicates a modestly growing economy.... Because so many sectors of the economy fluctuate with the housing market and because so many industries are dependent on residential construction, this indicator is a good general measure of overall economic growth.... economy, and have an important impact on employment in the construction and building-materials industries and on additions to capital stocks of structures in the private and public sectors....

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Investigating Sustainable Tourism

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esigned around an indigenous culture, takes place in a relatively underdeveloped area, attempts to leave the area having left no mark upon the eco-system that has been visited while contributing to the local economy, an opportunity to gain an appreciation for the natural resources of the visited area, and represents a dedication by the host region to preserve the natural beauty they hold through funding provided by the ecotourism market (p.... The fifth principle is that the tourism should support the local economy, protecting both the economy and the environment....

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Businesses Going Green

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With the reduced raw materials, one thing is certain: the cost of doing business will go up; profits will be reduced and the economy will be harmed.... trong Global economy ... However, a strong global economy will integrate social, economic and environmental aspects in order for the Go-GREEN-INITIATIVE to bear fruits....

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Environment Impact in Australia Tourism

7 pages (1927 words) , Download 1 , Research Proposal

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lthough tourism is a major contributor in the economy, it has to be studied in context of environmental impact.... Since increase in tourism is a good sign for the Australian economy, we may overlook the negative side of it.... If these places are not conserved, they will not retain their tourism value for long and will be detrimental to the economy....

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Motivation behind Behavior

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If appropriate measures are not adopted, these effects will adversely affect the coastal people's economy by negatively affecting the development of ports, commercial fishing facilities alongside water quality, agriculture, and biological productivity of the coastal waters (California Coastal Commission, 2013; Russell & Griggs, 2012).... Many aspects of the economy and environment relate to health of the people.... Future transport growth pattern planning is important for a sustainable economy, environment and social resources and wellbeing....

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Growth of IT industry in Estonia: Government Strategies and Results

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The Kenyan government is not focusing on the development of economy first and this is the main reason behind the slow elevation of the IT standards.... Flat tax and zero tax policies gave Estonia a chance to change the centralized market economy to free market economy where there were multifarious chances of investments and economic growth.... At the initial level, Estonia was a country in which all the economic growth was based on the agriculture and the annexation policy of the USSR along with the Nazi occupation of Estonia damaged the economy but after the independence and the destruction of the Berlin wall, the first step which was to start the flat tax rate of around 26% started to increase the economy of Estonia....

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The Great Depression

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This led to the election of President Roosevelt, a democrat, who applied some changes in the economy of America and adopted new policies.... It is up to the governments of the different states to work hand in hand with scholars of the economy and political economy to analyze the causes of the great depression and see how they can prevent a repeat of the same.... Depression, War, and Cold War Studies in Political economy.... History of the American economy....

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Medieval Age of Germany

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Apparently, the medieval age in Germany made the diversification of growth of economy as well as the society more apparent which gradually shaped its modern economic structure.... It was during this period that the German economy witnessed the Renaissance, which further paved the way for various reforms chronologically in the later years.... It was during this period that German economy witnessed the Renaissance, which further paved the way for various reforms chronologically in the later years....

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Country report on the monetary policy of a central bank in the UK

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istory of financial crisis in the UK economy 3 ... istory of financial crisis in the UK economy ... Droop in housing demands harmed the economy of the UK.... It can be denoted as the affects of the financial crisis in the economy.... ontemporary global economy is facing intense challenge of the inflation or recession.... However, UK economy is facing the globalised challenges that are mainly the exchange of various foreign currencies in UK pound....

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The Keynesian School of Economics

5 pages (1250 words) , Download 3 , Essay

The theory promotes a mixed economy, where both the state and the private sector play an important role in controlling and directing the state economy by appropriately controlling the aggregate demand in the market. ... The theory also suggested a set of measures that could further avoid any such happening and could maintain a healthy equilibrium of the overall economy that could support good amount of employment along with an appropriate demand and supply....

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The Great Depression: Causes

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World economy developed greatly in the 20th century.... Inserts His/her Inserts Inserts Grade (15, 04, The Great Depression: Causes Introduction World economy developed greatly in the 20th century.... All these factors caused the world economy to stay in depression for such a long period.... International trade was very beneficial for the economy of many countries.... This caused some banks to default and this increased the negative feelings about the economy (Living History Organization, 2008)....

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Economics of State and Local Governments

4 pages (1000 words) , Download 2 , Essay

It is very hard to find individuals or businesses relocating due to local tax cuts and other business incentives.... Decisions on business investments not primarily.... ... ... ined by economic investments, but they depends on factors such as availability and cost of labor, availability of social amenities and closeness to the market....

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Service Management

2 pages (500 words) , Download 4 , Assignment

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In this chapter, the authors talk about the Experience economy as the next economy that preceded the agrarian economy, as well as the industrial economy, plus the most contemporary, the service economy.... More advanced or developed experience businesses, which the example of a five star hotel selling a cup of coffee at US$ 8 is given, can Service Management In this chapter, the talk about the Experience economy as the next economy that preceded the agrarian economy, as well as the industrial economy, plus the most contemporary, the service economy....

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The Benefits of Tourism

2 pages (500 words) , Download 5 , Assignment

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With enhanced opportunities, expansion of the economy and the means of livelihood is made possible.... Consequently, with tourism, more revenue is generated into the economy which assist the society to achieve better services.... On the socio-cultural front, tourism has provided an opportunity for local communities to show their distinct and unique cultural values and customs while also opening out their natural resources to the tourists and in the process diversifying regional economy (Tapper, 2006)....

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Fiscal and Monetary Policy

5 pages (1250 words) , Download 3 , Essay

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According to the discussion, Fiscal and Monetary Policy, the object of monetary policy is the stabilization of macroeconomic fundamentals, such as those relating to stable prices, stable growth rates for the economy, and the levels of employment and unemployment, with the ideal being full employment.... The object of monetary policy is the stabilization of macroeconomic fundamentals, such as those relating to stable prices, stable growth rates for the economy, and the levels of employment and unemployment, with the ideal being full employment....

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Aftermath of the 2008 Financial Crisis

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The financial crisis has been contaminating smooth functioning of the economy as it has generated a decline in the GDP during 2008 and 2009.... World bank (2011) reports that the world economy is moving from a crisis-hit landscape to slower but still solid growth in this year.... Fiscal policy is also a type of government-involvement that directly influences the economy through taxes and fiscal spending.... Fiscal policy, being used as a technique to protect the economy from inflation can yield growth of the economy as well....

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The Klondike Gold Rush

9 pages (2235 words) , Download 2 , Research Paper

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The exchange of the gold with currency boosted the economy of the Seattle state very significantly.... This was because the money, gold, and the spending power went straight to the state economy.... They also came with new economic development oriented ideas which were of great benefit to the Seattle economy.... Traders got the gold from the Alaska state and traded them in the Seattle economy.... The inclusion of foreign resources was the main pillar which enhanced the development of the state economy....

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Development Is Impossible Without Industrialisation

12 pages (3000 words) , Download 3 , Essay

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The US economy was the fastest growing economy in the world.... This approach is essential for any economy to develop (Murphy, Shleifer, & Vishny).... The rural economy transformed from rural agriculture to commercial agriculture and industrial activities like constructions, transportation and services (Eng, 1997).... ll these development due to FDI and industrialization have made China the world's sixth largest economy by GDP and in purchasing it is second to the United States (Python)....

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Property Cycles: The UK Experience

8 pages (2000 words) , Download 2 , Research Proposal

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This paper is based on the property market of the United Kingdom especially regarding the so-called property cycles and their effects on the local economy as these effects can be observed on the daily consumption behavior of people across the United Kingdom.... Property Cycles – UK Experience Part One Rationale and Aim of the Research Current research is based on the property market of UK especially regarding the so-called property cycles and their effects on local economy....

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Academic Writing and Research

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It is at this stage that the economy has come to be referred to as a knowledge economy.... o offer support to the knowledge economy has been the developments in the mobility of both information and human expertise.... This reflects the economic environment as one that is basically driven by knowledge hence the reference to the knowledge economy (Debra, 1997). ... ebra, M 1999, Innovation strategy for the knowledge economy: The ken awakening ...

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John Maynard Keynes' Life

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During his job, he could still print more publications, journals and formulate policies regarding their economy.... He carefully analyzed their currency, the effects of any change in the value of the Rupee, the Rupee's foreign performance, government influence in the economy, the Gold paper standard, paper currency, council bills and remittance, Indian banking, state's reserves and cash balances among other key issues in the Indian economy.... His ideas were then adopted by the Indian government which made the Indian economy more stable during the Second World War. ...

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Allocation of Scarce Resources in a Market Mechanism

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The author states that the production of goods and services is failing to meet the growing expectations of the world economy.... However, it is found that the global economy is failing to meet the growing needs and demands of the growing population.... The production of goods and services is failing to meet the growing expectations of the world economy.... Firstly, the economy needs to consider the nature and the pattern of the goods and services that needs to be produced to meet the needs and demands of the growing population....

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Ethics Case Study Paper

2 pages (500 words) , Download 2 , Essay

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One large factor in the business industry that directly affects all business industries is the standing and change on the economy.... Why does ethical and social norms vary depending on the movement of the economy?... This is to be able to keep up with the standards and the basis of the economy.... A socialist economy has a different set of value than a free economy.... A socialist economy is focused more on equality while a free economy is more on individuality and independence....

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Summary and text response

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economy is starting to pick up.... Many experts were predicting a downturn in the fourth quarter, but this has proved not Summary and Text Response Summary: In Retail sales jump shows resilience in US economy, Lucia Mutikani gives some good reasons why the U.... economy is starting to pick up.... Alex Hoder, an economist at FTN Financial in New York, said, “The economy seems to be in solid shape.... The news that manufacturing production has increased in New York is a positive sign because the manufacturing sector will play an important part in the economy's recovery....

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Criticizing Society Strategy

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This paper outlines the ethical deliberations in the business world that cannot reasonably avoid the basic principles of moral justification of business enterprise because moral philosophy is a part of political economy and political philosophy.... Strategy criticizing society Profit in relation with motivation culture and strategy Ethical deliberations in the business world cannot reasonably avoid the basic principles of moral justification of business enterprise because moral philosophy is a part of political economy and political philosophy....

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Law, Economics, and Business Ethics

8 pages (2477 words) , Download 0 , Coursework

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These two organizations which shape the global agenda on the economy raise a lot of debate as to what difference there is between them.... It becomes apparent that there are serious issues with regard to the global economy and the questions that experts should answer are: What are measures are being taken to address the issue of inequality?... What role can the organizations charged with ensuring the development of the world economy play in ensuring that things do not get worse but actually improve?...

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Debt-Deflation Theory of Irving Fisher

7 pages (2055 words) , Download 3 , Essay

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economy a.... economy and other aspects of life.... economy through his debt-deflation theory, which examines the causes of debt, the deflation and the solutions of the subsequent financial crisis in relation to the current U.... economic crisis because it clearly explains the factors that cause the debt and the resultant ripple effect on the economy.... economy is essential in the global market because it is the largest trading partner in the world, which means its financial crisis affects all other foreign economies....

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The Oasis Scenario

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The decision-makers should target to diversify the economy by recommending investments in alternative sectors rather than oil-dependent sectors to enhance the productivity of the labor force by improving the skills and technical expertise of the individuals and combat terrorism in the region to attain political stability.... Between 2007 and 2012, the UAE has endeavored to transform the economy into a self-sustaining economy driven by its stable market (WEF 9)....

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World Economies

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own slide on Chinese graph of economy and G.... overnment debts are another issue that is hindering the free flow of economy and subsequently the progress.... They have reformed their structures and centralized their economy around a global pattern oriented economy.... will definitely effect the other pats of the world and their economies since its economy, exports and investments are spread are spread all over in the local markets(The Economist Online). ...

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Effect of Inflation on Exports and Imports

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Inflation delineates a sustained enhancement within the general price level of a national economy appraised either at the retail or wholesale level.... Effect of inflation on exports and imports Inflation delineates a sustained enhancement within the general price level of a national economy appraised either at retail or wholesale level.... Inflation has a significant impact on output rendering significant costs for the economy, the consumer, and producer....

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Sustainable Business Development - Automobiles

19 pages (5769 words) , Download 3 , Essay

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Whereas the bulk of attention regarding the environmental impacts resulting from automobiles has mainly focused on fuel economy, climate change, and emissions, this essay will approach the automobile as a product across its lifecycle.... In this case, other reinforcing loops resulting from unlimited consumption of natural resources that enable economic growth, as well as advancing technology that allows for over-extraction of resources, create a sinkhole that will eventually impact on the environment, economy, and society in the long term (Lorek & Spangenberg, 2014: p38)....

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The Soviet Union: a Socialist, Communist or Totalitarian State

6 pages (1788 words) , Download 2 , Essay

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Communist state A communist state is one in which the government is in charge of the overall economy of the state.... The philosophy of the communist state is focused on giving workers the power to take control of businesses and companies and manage the overall economy democratically.... It is a single party rule marked by control over the economy, political repression and personality cultism.... Another feature prominent in this kind of system is state control of the overall economy done through preponderance of government ownership of the means of production....

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Questions on Economics

5 pages (1250 words) , Download 2 , Essay

As compared to the mainstream economic view, of Adam Smiths' ideals, these pair would be quite opposite and perhaps in possession of a radical view that “macroeconomic policies” can exert a massive influence on the economy, especially when carried out at the institution level (Henry & Miller,...

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Homeland Security Strategies

10 pages (2500 words) , Download 2 , Research Paper

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The strategy employed by the Homeland Security has ensured that the postal, and shipping sector of economy remain safe and this has lead to economic growth and sustainability (Alperen, 2011).... The areas of economy affected in this case are the agriculture, water, energy, electricity, chemical industries, postage and shipping industries and the transport sectors.... he economy of the United States has been at threat due to security issues whether it arises from terrorist attacks, natural catastrophes, manmade disasters, or diseases....

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Social-Cultural Impacts of Tourism in Europe

8 pages (2109 words) , Download 0 , Case Study

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This is allowing the concerned community around the destinations' regions to make decisions concerning the long-term economy, environment as well as equity of all communities.... It shows the contribution made by tourism economy in 2004.... Particularly in society owned or controlled business, the tourist dollar re-circulates toting up to the multiplier effect to the local economy....

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Essays on Globalization of Economy