The Pro's and Con's of Globalization
Essay - 4 pages - Economy general
Globalization gives companies access to new markets, thus facilitating a process wherein one can choose to produce, buy resources or sell in different countries according to their specific attributes. Multinational company outsourcing creates jobs in countries where the wages are lower compared...
Objectives and Importance of the WTO to Open and Develop New Commercial Markets
Essay - 15 pages - Economy general
The World Trade Organization (WTO) is an international organization which governs the rules of international trade between countries. Today, new markets are appearing thanks to developing countries, who also want to take part in free trade. Therefore, it is important to know how the WTO will...
How to Negotiate With Chinese People?
Essay - 5 pages - Economy general
Thanks to the China's rapid development, French businessmen are more and more interested in importation to the country. It could thus be an advantage to set up subsidiaries in China. Though, French people are generally considered reliable by Chinese people, they still need to adapt themselves to...
China as an innovator, not just an imitator
Essay - 5 pages - Economy general
A large number of patents are granted to China in various fields (green energy, space program, 3G mobiles?) underlining the fact that the country that invented paper, gunpowder and the compass many years ago is making a come-back among the international technology inventors. China has many...
The gender gap in the ownership and control of property is the single most critical contributor to the gender gap in economic well-being, social status, and empowerment'
Essay - 6 pages - Economy general
Before the 1970s, women were practically invisible: they were relegated to the family and the domestic world. However since the middle of this same decade, the gender issue has become an increasingly theme within the development concern. Globalization not only affects men but women as well,...
Globalization is a positive force that uniformly bolsters the economic prospects of countries and societies around the globe. Do you agree or disagree?
Essay - 3 pages - Economy general
"Another world is possible". This sentence, popularized for the first time during the demonstrations in the Doha Round, aims at denouncing the rising inequalities within countries, and considers the kind of globalization currently implemented being responsible for the prevailing situation....
Inequality vs poverty
Essay - 2 pages - Economy general
For this discussion paper, I would like to focus mostly on Feldstein's argument of tackling poverty instead of inequality and why this is a dangerous perspective. To begin with, Feldstein's argument concerning the Pareto principle refers to the economic concept of Pareto superiority,...
The New Labour and the Welfare State
Essay - 2 pages - Economy general
Firstly let us analyze the approaches the New Labor has chosen through a different ideological and pragmatic frame than earlier Labor governments when it comes to welfare provision and public policies. In this context, the New Labor has followed the Thatcherite tradition in working towards what...
A Comparative Analysis of the Welfare States of Germany, Sweden, and the United States
Essay - 12 pages - Economy general
A welfare-state is a state in which organized power is used to provide social services to a society that cannot provide these things for itself through market-based transactions. Studying the welfare-states of Germany, Sweden and the United States will provide us a valuable perspective in...
Analyse of Chinese cultural system, its implications for cross-cultural management and the French business people who want to deal with Chinese counterparts
Essay - 17 pages - Economy general
We naturally view the world from our own perspective and critically analyze that is different. Anything does not correspond to our perspective looks "abnormal", "inferior" or we don't feel comfortable or we are "afraid". But most perspectives are "normal" and respectable. People just have...
Saving self control: A behavioral approach to analyze why individuals save and what prevents them from doing it well
Essay - 10 pages - Economy general
How and why consumers and investors save, has remained as a puzzle since modern economists approached the question. Clearly, we save because we have to, but we rarely ever want to save as an end in and of itself. Current the leading models present this dilemma as a struggle between two personal...
Is Capitalism here to stay or is another vision of economics possible and viable?
Essay - 2 pages - Economy general
For many centuries, Capitalism has been the only economic system in the industrialized world. In the present world, this system is in crisis. Billions of people live below the poverty line without any access to food, health care or housing. By capitalism, we mean a system of production that...
Failures and benefits of free trade and the role of World Trade Organization (WTO)
Essay - 10 pages - Economy general
The free flow of international trade gained significance after the Second World War when the General Agreement on Tariffs and Trade (GATT) was tabled. The GATT was followed by the formation of the World Trade Organization (WTO) in 1995. The WTO was formed to establish rules for international...
Are the migrant workers competing with locals in China's urban labour market?
Essay - 5 pages - Economy general
At the end of the 1970s, the Communist Party of China (CPC) acknowledged that planned economy had not managed to increase the Chinese standards of living. Consequently, it started to reform the economic system in order to modernize it. The labor market was also not been excluded from such...
Creating Colette in Shanghai
Essay - 2 pages - Economy general
By sticking to the original concept and in tandem with the new emerging Chinese market - How to recreate Colette's lifestyle store in Shanghai is a question that needs to be analyzed. First step is to start with the company analysis in order to underline its strengths and weaknesses and prepare...
International economics: Essay on the advantages and disadvantages of globalization
Essay - 6 pages - Economy general
‘We are living a transformation which is going to reconstruct population and economy for the coming century. There will be no more national products and technologies, no more national firms, no more national industries, no more national economies. Only individuals, which constitute nations,...
Northern Rock
Essay - 2 pages - Economy general
If there is any country that has enjoyed a strong reputation and willpower in the field of finance, it is the UK. UK has enjoyed this position since the end of the 19th century. London has retained and is undoubtedly the leading financial centre in Europe. The banks in London and around the UK...
Franchising
Essay - 4 pages - Economy general
Franchising is not a new concept. North America was among the first countries to successfully develop franchises in 1886 through the famous example of the Coca-Cola company. Franchises grew slowly during the 1950's but helped many firms expand their operations across borders, like Mc...
The income gap: a growing dilemma
Essay - 19 pages - Economy general
While considering the poverty line in France, it is amazing to note that the current statistics has revealed that nearly 4 million people are homeless in France. This kind of an alarming and unmatched growth pattern is also visible across some Asian countries. Despite this poverty issue that...
Business Cycles Analysis; The outlook for real GDP growth
Essay - 35 pages - Economy general
Nowadays, the real GDP growth seems to be the prevailing worry for every economy. We are going to analyze real GDP growth and employment in France in 2006-2007, in the context of the international economy. Our overall objective is to understand and to interpret growth forecasts for a given...
International Business Environment and Strategy
Essay - 6 pages - Economy general
"You have been asked by a major oil company to analyze the likely developments in the oil market over the next five years. Carefully explain the theoretical underpinnings to any predictions you make. How might your predictions influence the future strategic direction of the oil company? Explain...
The French motor industry in the world
Essay - 37 pages - Economy general
Since more than half a century, the motor industry has represented, in most of industrialized countries a floret of the industry. In spite of the expansion of the service sector, the French motor industry occupies a very great place in our country. The manpower mass has decreased (in France this...
The results of the "lisbon agenda" - the attempt to make europe the world's most successful knowledge-based economy - are generally thought to have been disappointing. what steps should be taken by the european union, and by national governments - published: 29/09/2010
Essay - 5 pages - Economy general
In March 2000, the Lisbon Strategy was launched to overcome a series of weaknesses in the European economy: long-term structural unemployment, a poor employment rate, and under-development of the service sector. In an often-quoted sentence, it has therefore assigned the EU "a new strategic goal...
Foreign direct investments: Issues and impact for developing countries
Essay - 6 pages - Economy general
In the context of globalization, the increasing interconnection of markets and the geographical burst of the production chain can represent an opportunity for developing countries to join the world economy to enhance their growth. The resilience of foreign direct investment (FDI) during financial...
Discuss the main factors that determine product prices in the UK - published: 29/09/2010
Essay - 3 pages - Economy general
Predicting firms; behavior and reactions to events is central for current microeconomics. Economists have put forward many theories to analyze the behavior of firms, main decisions of economic interest related to outputs, investment, and technology and above all prices which are the object of...
Short-run and long-run aggregate supply
Essay - 8 pages - Economy general
One of the salient features of this document is to distinguish between the short-run and long-run aggregate supply curves and explain why they are important for the definition of a macroeconomic equilibrium. The Aggregate Demand model tries to examine the effects on the real GDP and price level...
Why Globalization Works by Martin Wolf - published: 29/09/2010
Essay - 3 pages - Economy general
Martin Wolf, a British economist and a prominent journalist at the Financial Times, is ardent defenders of globalization, i.e., of global economic integration through free trade. His book, Why Globalization Works, aims to demonstrate that globalization makes the world better off. He feels that...
Interest Rates
Essay - 4 pages - Economy general
It is a well known that interest rates have a commensurable power to influence the economy as a vital tool of monetary policy that is used to control variables like investment, inflation, price stability and unemployment. Generally speaking, the interest rate is described as the cost of using...
Energy choices in Europe: the case of electricity
Essay - 14 pages - Economy general
Energy is a vital element for the economy as a whole as every sector demands its usage constantly. It is not an end-product by itself, but a pre-requisite for most of the economic activities. A sudden increase in energy prices or a disruption of supply can entail heavy economic repercussions. An...
Define and explain the concept of an income elasticity of demand for a product
Essay - 4 pages - Economy general
Would you expect the income elasticity for potatoes and DVDs to be large or small? If the supply of oil is price inelastic in the short term, what would you expect the impact of an outwards shift in the demand for oil to be? What might happen in such a situation in the long term? In economics we...
