John Kennith Galbraith: The Last of the Institutionalists
Essay - 2 pages - Economy general
John Kenneth Galbraith is a very radical economist whose biggest impact took place during the 1950s as the rebound of the Second World War left the United States penniless. Born in Canada but practices in the U.S., John Kenneth Galbraith is one of the most influential economists the United Sates...
Economic reform in China and Russia: A Comparison
Essay - 4 pages - Economy general
When economic reforms first began in China and Russia, regime stability, when classified as a product of political legitimacy, has, overall, seen only marginal change. Though they are now classified as illiberal democracies, and have opened up economically—China more so than Russia —...
Cost realism analysis
Essay - 3 pages - Economy general
Cost realism analysis is the process of evaluating the methodology by the offeror to estimate the proposed cost and is done by using information other than cost or pricing data (Cole, 2001). This technique is useful in selecting the offeror that best fits the awards of the contract. It is done...
The Tobin Tax: relevance or utopia?
Essay - 5 pages - Economy general
In 1972, when the world was plagued by monetary upheavals, the economist James Tobin submitted a proposal to tax currency transactions, which would enable governments to regain their independent macroeconomic policy, at a conference at Princeton University. The main objective of such a tax is to...
The current financial crisis compared with the 1929 crisis
Essay - 10 pages - Economy general
The growing number of newspapers and magazines citing similarities between the 1929 crisis and the current crisis raises questions about the relevance of these comparisons. Since the 1930s, the world has experienced other crises, but the magnitude that one is now experiencing, explains the key...
The emerging triad in the new global economy
Essay - 7 pages - Economy general
Since 1980, the third technological revolution has been booming; a revolution based mainly on new information technologies and brand firmly established as a "new economy". With the help of these technologies, particularly the Internet, the information economy itself is now seen in the global...
Does Islamic finance have the potential to develop in France?
Essay - 4 pages - Economy general
Since the opening of the first Islamic bank in Egypt in 1963, Islamic finance has exponentially increased in influence and visibility worldwide. While it remains a small player in the world of finance (0.5%), Islamic finance is becoming increasingly important due to significant increases in oil...
The European project of ecotaxes
Essay - 12 pages - Economy general
In October 1991 the European Commission sent the Council a draft action program called the European project of environmental taxes that encouraged members of the European Union to introduce environmental taxes. This project was a sustainable development policy to tax the polluters to make them...
Underground Economy in the European Union: Moonlighting
Essay - 24 pages - Economy general
The black market, also known as the underground economy, has a substantial arsenal of words to describe it: black economy, illegal economy, unreported, unrecorded, ghost, invisible economy etc. Undeclared work also falls into the category of underground economy. This consists of different...
French language as a tool for trade facilitation in West Africa
Essay - 7 pages - Economy general
The French language is important for trade relations. In the case of ECOWAS, no study has been undertaken to establish this to facilitate trade. ECOWAS is one of the economic blocs in West Africa which was founded on May 28, 1975, in order to promote cooperation and integration among West African...
The World Trade Organization (WTO) - successes and failures
Essay - 6 pages - Economy general
In order to make the world trade as free as possible, the World Trade Organization (WTO) relies upon principles. Firstly, the non-discrimination principle ensures that no country benefits more from trade than another country. The WTO wants to promote equality among the members. Moreover, the...
What effects does globalization have on emerging markets?
Essay - 3 pages - Economy general
Following the abandonment of the Bretton Woods system in 1971, the US and Great Britain started to spread their market-oriented policies leading to what we call today, globalization. The European Commission defines globalization as 'the process by which markets and production in different...
How Can Outsourcing to Emerging Markets Be Used to Gain Competitive Advantage?
Essay - 4 pages - Economy general
Since the fall of the Berlin wall in 1989, the world has become more globalised than ever (Global Policy, 2003). This globalisation has changed the world and especially the economic and business structure of emerging countries. Outsourcing is ‘a contractual delegation to an outside...
The Impact of the Global Economic Recession on the Emerging Markets
Essay - 4 pages - Economy general
Developed countries are facing our today's global economic recession with difficulties like the previous financial crises. Are Emerging economies undergoing this crisis differently? According to Minsky and his readjustment of Fisher's theory, today's subprime crisis which affects the...
New economic geography - what does it imply?
Essay - 2 pages - Economy general
An economy is a set of human and social activities and institutions related to the production, distribution, exchange and consumption of goods and services. Thus, it corresponds to the organized way a society provides for the wants and needs of its people. In a global context, there are different...
The Euro: Costs & Benefits for France
Essay - 3 pages - Economy general
On the 1st of January 1999, the euro went into circulation as a common currency for eleven of the fifteen European Union countries, with Greece joining in 2001. France joined in 1999. The ratification of the Maastricht treaty in November of 1993 provoked the creation of the European Monetary...
The Yuan under the pressure of the International Community Should we revaluate the Yuan?
Essay - 65 pages - Economy general
In three decades, China has transformed from an economy based upon agriculture (low effective and auto centered) to an economy based upon mass industry and export. The wish of Xiaoping to open the country is completely reached (on an economy level) but his wish to develop China from the inside by...
What are the common classical liberal assumptions about human rights and how are they criticized by Proudhon, Marx, Engels, and Bebel?
Essay - 3 pages - Economy general
The United States declaration of rights proclaims three main rights: right to life, liberty, and pursuit of happiness. They are perceived as intrinsic to human beings. These principles were built in opposition to the monarchy and were supposed to ensure the people their rights, in the sense of...
Phillips and Young - the common critique of liberalism and the divergence of views on democracy, the equality and rights
Essay - 2 pages - Economy general
Our modern society has been solidly founded upon liberal principles; the Enlightenment constitutes one of the most influential political ideas in the nation-building process. Nevertheless, some criticism has emerged as our society seems to fail to provide all its citizens political equality....
North American Free Trade Agreement (NAFTA) and its consequences
Essay - 5 pages - Economy general
The agreement NAFTA (North American Free Trade Agreement) defines a free trade area of 430 million inhabitants trained by the United States, Canada and Mexico. Signed by the presidents of these three countries on October 7th, 1992 in San Antonio (Texas), the treaty came into effect on January...
The World Trade Organization (WTO)
Essay - 8 pages - Economy general
The World Trade Organization (WTO) is a multilateral trading system; in other words, it is shaped by multilateral agreements between member states based on four principles. The first principle is transparency on trade exchanges and WTO decisions. Members have a transparency obligation such as...
Evaluate the impact of global recession on international trade and investment with respect to France
Essay - 6 pages - Economy general
In the last few years, the International Business has been hit by a global recession. Economists were talking about the current situation of some countries, companies or economic issues more or less close to a situation of recession. These comments were relayed by lots of public media and it...
The recent economic crisis both confirms and challenges differing views of globalisation
Essay - 5 pages - Economy general
Globalization is the process of making businesses, philosophies, cultures and technologies on a worldwide basis, and where the global economy is characterized as being an interconnecting market place. According to George Stonehouse and his co-writers in 'Global and Transnational...
The body shop report: entering new markets
Essay - 23 pages - Economy general
The Body Shop was established in 1976 by Anita Roddick in West Sussex, England. It competes primarily in the cosmetics and toiletries industry and its major competitors are Boots Plc, Bath & Body Works, and L'Oreal. The company's niche market is based on the production of naturally...
Franchise, primary market" and "secondary markets"
Essay - 1 pages - Economy general
A franchise gives the right to the franchisee to operate a business as if it were part of a chain of other stores, while it is owned individually. The advantages to the franchiser are a fast and well controlled distribution of his product, the fact that he does not have to care for constructing...
Economic globalization: the return of territory in the economic area
Essay - 4 pages - Economy general
The return of the territory is highlighted by some economists who highlight certain areas of the economic structure today (metropolitan cities). The major economic centers are organized around specific areas: the new spatialization of economic polarization is the ‘activities around major...
The economic policies of the ghetto
Essay - 5 pages - Economy general
Ghetto poverty is still the problem of 7 million of people, among the 30 million poor in the United States. It is a pressing issue, above all when we take into account media coverage that is given to these areas of social and spatial segregation. A mistake would be to consider only Black ghetto...
Economic analysis of France
Essay - 14 pages - Economy general
Number of inhabitants: 64,350,759 people (on 1st January 2009), that is to say around 1 % of the global population. The population of France is growing. The demographic growth rate in France is of 0.574 % per year. The number of births is quite high in France. Indeed, there were 801,000 live...
Eleven years after the Asian crisis, what are the policy lessons?
Essay - 4 pages - Economy general
Year 2008 is remembered, in History books, as the year of a major economic crisis throughout the world. As most papers put it mentioning as, “The worst since the great depression”. But as the world suddenly pays attention to its economic system and its (present) prominent imperfections,...
Invest in China
Essay - 3 pages - Economy general
In the last three decades, China has known a fundamental shift. Indeed, China turned its socialist planned economy into a market economy. The government, through a lot of reforms, is gradually opening its doors to the free market. The entry of China in the WTO in 2001 has forced the government to...
