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...
Study of the effects of privatization policies on the economy: The French example
Thesis - 10 pages - Economy general
The public sector in France, which represents the firms that are controlled by the government, has been for a very long time a huge sector, with staff that represented in the 80s more than 10% of the whole labor market. Given the importance of this public sector in France, I am interested in...
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...
Airbus, A380 - Company profile
Case study - 41 pages - Economy general
Airbus is one of the world's leading suppliers of commercial aircraft. This 100-seater boasts a major portion of the market share of annual deliveries worldwide. Its market share has grown from 15% in 1990 to 52% in 2003. On December 31, 2003, its backlog of orders (1,454 aircraft) stood at...
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...
Banana War
Case study - 6 pages - Economy general
I have found this argument interesting because it is important to introduce to the public, the serious situation in which they are forced to work as workers of the third world. With this, I want to denounce the serious violations of the rights of the workers working in multinationals, that...
Environmental Economics: global warming
Essay - 14 pages - Economy general
This essay is about the climate change and the direct and indirect effect on our environment, not only caused by human activities. The increased concentration of the greenhouse gases which include carbon-di-oxide and others, over the last 150 years has dramatically progressed. This fact, caused...
Cradle to cradle design - published: 29/09/2010
Dissertation - 45 pages - Economy general
Faced with the increasing damage inflicted on the planet by industrial development, environmentalists have traditionally argued that we need to put a halt on economic growth. This approach has neither been realistic nor efficient. Fortunately, a new way of thinking has emerged with respect to the...
Comparison between the US and Japanese banking systems
Dissertation - 11 pages - Economy general
The Japanese and the Americans have different perceptions of time. This difference exists as part of their culture and the values they advocate. The cultural, political and historical background consequently leads to two different banking forms: the bank-based and the market-based systems. Until...
Comparison between the ports of Antwerp, Le Havre and Rotterdam (2005)
Thesis - 35 pages - Economy general
Le Havre harbor is simple in meaning and it represents a harbor. Le Havre Harbor occupies a predominant position in the European terrain. In fact, Le Havre is believed to be ?The European Door'. A door through which trade is facilitated globally. Le Havre is articulated by complex and varied...
In order to promote the wealth of nations, what should be the relationship between the visible hand of the state and the invisible hand of the market?
Essay - 8 pages - Economy general
The decline of social democracy in Europe during the last decade is one of the examples which seem to show that there is no other global alternative for a state regulation under the market in the globalisation context. The predominance of the market in a political economy is not recent. Adam...
eBay : Company profile and strategy
Case study - 6 pages - Economy general
With the advent of the new technologies, the distribution network has been completely reframed. The introduction of the Internet has revolutionized the consumer behavior. Indeed, electronic commerce has flourished over the last 5 years and the companies cannot afford to ignore such a development....
Internet Marketing Strategy Expedia.com and its main competitor Travelocity
Case study - 15 pages - Economy general
Taking a vacation has become increasingly easy as it is convenient to go online and book holidays. Probably more convenient than visiting a brick-and-mortar travel agency. The number of people booking holidays online is increasing as more and more people are becoming computer-literate, and...
Pros and cons for the UK to join the Single currency
Essay - 4 pages - Economy general
For many people, in favour of the EMU and the sceptics of EMU alike, the single currency points is inescapably part of the political union. Looking at past history, monetary unions linking independent states of dissimilar size and power (like that of Belgium and Luxembourg today) have not been...
Garten (Jeffrey E.), the Big Ten
Essay - 5 pages - Economy general
Jeffrey E. Garten is a Washington executive who entered the Clinton administration in the summer of 1993 as the Under Secretary of Commerce for International Trade. During his tenure, he decided to launch the Big Emerging Markets' project ('BEMs' project). This project flagged of with...
Globalization and employment
Essay - 5 pages - Economy general
Globalization is one of the most controversial topics in today's world. Globalization raises fears and apprehensions and the most prominent one that stands out is the growing power of multinational firms that bestows them with the right to retract jobs whenever and wherever they want....
The future of financial centres in the European Union
Essay - 4 pages - Economy general
The working of European Union was expected to be similar to the United States of America. Theorists believed that Europe will have a financial hub similiar to the Wall Street in the United Sates and questioned the future of the European Union. Establishing inter-market deals among the European...
The European System of Central Banks
Case study - 4 pages - Economy general
The European System of Central Banks (ESCB) is composed of the European Central Bank (ECB) and the National Central Banks (NCB's) of all 15 EU Member States. The "Eurosystem" is the term used to refer to the ECB and the NCBs of the Member States who have euro as their national currency. The...
Avoiding and preventing financial crises
Thesis - 4 pages - Economy general
Better safe than sorry is an old adage that few can argue with. Rather than suffer the disastrous consequences of financial crises, it would be better to prevent their occurrence, thus preventing the formation of bubbles and slowing their spread. Schumpeter considered the economy as a cyclical...
The recurrence of financial crises
Thesis - 5 pages - Economy general
Financial crises have multiplied in the 1990s successively affecting the so-called emerging countries. The crisis experienced by Mexico in 1994, Asia in 1997, Russia in 1998 and Brazil in 1998 and 1999 are still fresh in the memory of economists and people in these countries. The impact of all...
The 1929 crisis in Latin America
Thesis - 5 pages - Economy general
Herbert Hoover, when assuming the office of the President of the United States, said in March 1929: "I have no fear for the future, it shines with hope." Unfortunately, Thursday, October 24, 1929 is also called the "Black Thursday", the world economy plunged into the chaos as Wall Street, the...
A comparison of today's economic crisis to the Great Depression of 1929-1939
Thesis - 2 pages - Economy general
Today we are faced with an economic crisis that has affected the United States of America and reached out to shake economies the world over. Stock markets, nationally and internationally have hit all-time lows. The housing market, banks and other financial lending institutions, the Big Three car...
Analysis of the Indian economic sector
Thesis - 3 pages - Economy general
India is slowly emerging to be the next economic superpower of the world. It is often regarded as the other Asian giant, and has shown consistent growth in terms of its Gross Domestic Product (GDP) over the years. This growth has been fuelled by enormous economic progress which allowed it to...
Weaker euro - Impact of trade on the US
Thesis - 4 pages - Economy general
The 2010 Euro crisis, also known as the Aegean Contagion developed early this year in some countries in Europe including Greece, Spain and Portugal. The crisis was caused by the inability of these countries to repay their debts. This led to a crisis of confidence between the countries concerned...
A contrast of the Japanese and the US economy
Thesis - 5 pages - Economy general
This article presents a comparative study of the world's two most contrasting economies- the United States and Japan. There are many common grounds between the two nations as well as a wide range of differences. Of course, the United States commands a more significant presence among the world...
The concept of economic rationality and its place in the economic crisis
Thesis - 5 pages - Economy general
Economic rationality is talked about when the behavior of individuals corresponds to their interests. Agents are expected to act in a way that maximizes their well-being. This well-being is often calculated with a utility function that takes into account the income and leisure time. The...
