"How should we define globalization?"
Essay - 4 pages - Economy general
Defining the concept of globalization is very controversial and much disputed among economists, sociologists and political observers. There is no single concept of globalization, and commentators are unable to agree on the empirical evidence for its extent. These divisions are, however,...
What do you consider to be the major differences between Adam Smith's and David Ricardo's theories of international trade?
Essay - 4 pages - Economy general
The basic concept underlying all international transactions is that foreign markets are extensions of domestic markets, in the sense that goods and services produced domestically, and whose quality is reflected in the strengths of the supply and demand curves, can also be sold internationally....
How and why has the adoption of free market economic policies affected the consolidation of democracy?
Essay - 6 pages - Economy general
“Economic factors have significant impact on democratization but they are not determinative.” (Huntington 1991: 59). To Huntington, there is a clear link between economy and democracy as a form of regime, bond that few people could deny nowadays. Actually, this bond can be shown by the...
The Evolution of Consolidated Financial Statements published by Publicly Quoted French Companies: The Shift Away from local GAAP to the Adoption of International Standards
Essay - 11 pages - Economy general
Contrary to the Anglo-American approach, France offers, in terms of accounting, an environment representative of those of many countries in continental Europe. Nonetheless, France offers a typical system, where, because politicians and executives are part of a close and tight elite network, the...
The economic power of the Chinese Diaspora
Essay - 6 pages - Economy general
China's economic growth is a much debated issue and is said to change the face of the world and presently world economic patterns are being reshaped. A couple of figures can easily help to understand how deep these changes are. Over the past 10 years, the Chinese economy grew by 10% a year on...
Globalization and commerce
Thesis - 6 pages - Economy general
Globalization is the production and distribution of products and services of a homogeneous type and quality on a worldwide basis. “Globalization is the activity whereby “distinct” national economies are subsumed and re-articulated into the system by essentially international...
Mahathir's legacy and the stability of Malaysia
Thesis - 7 pages - Economy general
Nowadays, Malaysia is known as a model of rapid development. Indeed, in the middle of the twentieth century, the economy of this country is agriculture-oriented and nothing hints any economic boom to come such as the one which occurs a few years later. The economic growth starts to soar as soon...
The revival of the small business sector in the UK
Thesis - 11 pages - Economy general
According to data from Labour Market Trends in 1999, enterprises with fewer than 50 employees provide 45% of UK non-government employment and account for 38% of turnover, the employment figure includes the self-employed who employ no one and comprise 2.3 Million out of a total of 3.7 million of...
Globalisation
Essay - 3 pages - Economy general
« Globalisation » is a word that comes up much more often than others in debate topics. For some, nothing better than globalization (and the liberalizing process that comes with it) could happen to us. On the other side, globalisation's detractors hold it responsible for a great number of the...
The reasons for Britain's slow economic growth in the 1970s
Tutorials/exercises - 5 pages - Economy general
Britain already had experienced economic difficulties in the 1960s, but the concerns did not grow since the overall standard of living was keeping on rising. On the contrary, the 1970s proved to be much more worrying economically, as they presented a sluggish and lasting economic performance -the...
Russian and French Economies
Thesis - 9 pages - Economy general
Russia is the biggest country in the world and is ranked 7th for its population with 143 million of inhabitants. The country is today one of the 10th most important economy in the world. In fact, Russia is situated at the 14th world rank concerning its total GDP for 2005 with approximately 763...
Poverty in Russia
Essay - 12 pages - Economy general
Russia is the biggest country in the world and is also today one of the 10th most important economy in the world. In fact, Russia is situated at the 14th world rank concerning its total GDP for 2005 with approximately 763 000 million $, and at the 10th world rank concerning its PPP GDP for 2005...
Positive-Normative distinction
Thesis - 3 pages - Economy general
The methodology in economics is important because it gives us a better understanding of the economic analysis. The purpose of economic theory is to provide a comprehensive framework for the study of human behaviour declares Gary Becker (1976). As the aim of the economy for governments is to...
Why has the development experience of sub-Saharan Africa diverged markedly from that of other developing regions?
Essay - 6 pages - Economy general
The recent images of migrants from Sub-Saharan Africa dying on the border of the Spanish territories of Ceuta and Melilla reminded the Northern opinion of the reality of life in the poorest region in the world . Migrants from Sub-Saharan Africa flee such horrible conditions of life, and such a...
Economy of Mexico
Thesis - 11 pages - Economy general
From the 1940's until the 1960's there was a strong economic growth in Mexico. This strong economic performance proceeded into the 60's. Manufacturing was the country's dominant growth sector and attracted many foreign investors. Although there was a growth in Mexico, there was fiscal...
Short-run and long-run aggregate supply - published: 12/01/2009
Thesis - 4 pages - Economy general
One of the goals of economists is to try to predict the changes in the state of the UK economy. Thus they are interested in the economic growth -given by the growth of potential GDP-, the inflation and business cycle fluctuations. The Aggregate Supply - Aggregate Demand model permits to...
Health care in the United States
Thesis - 9 pages - Economy general
There is not sufficient health insurance for every citizen to have access to adequate and quality health care. This is a pressing concern for 47 million Americans (Bacon). This is also a concern for employers providing health insurance to their employees and to employees that do not have access...
Disparity between the Dollar and the Euro
Essay - 5 pages - Economy general
Since 2002, the value of the dollar has been decreasing. The value of the dollar has been paling in comparison to the nearly consistent euro. This has spurred caution and alarm in the foreign market because the dollar is perceived to be the safest currency to trade (The New York Times)....
AGOA: Origins, purpose and achievements
Essay - 6 pages - Economy general
President George Bush shared his empathy in the incidents of violence and economic crisis that beset African countries. The humanitarian and human rights crises in different parts of Africa are severely sabotaging its economy. It is to the United States' view that a way to spread peace is to...
The declining incidence of strikes in the United States and its possible explanation
Essay - 5 pages - Economy general
The declining incidence of strikes in the United States has plummeted dramatically over the last fifty years. Workers perceive one arsenal that they reserve for the fiercest labour battles: strike. Yet, this arsenal may forever be unutilized or at least be kept to a minimum at the expense of...
On the road to China's urbanization
Essay - 6 pages - Economy general
Unexpected urbanization is taking place in China today and will continue to occur in the coming years. The rapid rise of Chinese settling in cities is drastic. Statistics showed that urbanization heightened from “18 percent in 1978 to 30 percent in 1995 and 39 percent in 2002 (New Lincoln...
Economy of Vietnam
Essay - 4 pages - Economy general
In order to have an overall understanding of a given economy, one must take into effect numerous elements and factors. It starts with a general economic framework for the particular country or region, as it gives the necessary background figures to analyze the economy as a whole. Predicting the...
Monetary policy and Inflation
Essay - 5 pages - Economy general
The US economy has always seen turbulent cyclical effects of inflation and deflation. To gauge the balance between the two experts at the Federal Reserve has always adopted the traditional macroeconomic tool of monetary and fiscal policies. These policies depending on the nature of the situation...
Investment Banking
Essay - 5 pages - Economy general
Investment banking activities make up the majority of bank's services. Investment bankers are responsible for generating customers, introduce them with the kind of services available by ascertaining their financial needs and manage their accounts. However, unlike typical banking activities,...
Famine in developing countries
Case study - 5 pages - Economy general
Everything happens for a reason. For a global crisis, which is famine, this saying is fairly accurate. Yet, famine happens not only for a reason but for complex reasons. Aside from its characteristically intricate origins, the consequences of famine are also multifaceted. Likewise, the definition...
Labor flexibility: An overview of features and developments with the German model
Essay - 6 pages - Economy general
Many scholars cite the Digital Age shift as the main precursor involved in the increasing push towards more flexibility within economic models, not only Germany, but on a global level. The reduction in jobs involving manufacturing and the service sector has been one of the primary impetuses...
Implications of the European economic integration on the centrally-planned economies
Essay - 7 pages - Economy general
Former Communist countries joined the EU in 2004 and in 2007. Having different features in their surrounding region as compared to the older EU members, centrally-planned economies were - and still are - challenged to alter their political and economic environment in order to align with the EU...
Ford Motor Company, Inc. and Toyota Motor Corporation analysis of the Japanese-American trade relationship using the gravity, Ricardian and Heckscher-Ohlin Models
Presentation - 28 pages - Economy general
Why is the trade balance debate important? Technology has minimized trade barriers World economies more integrated International exchange vital to industries such as agriculture and auto manufacturing. Drives many economic and political policies i.e., taxes, tariffs, interest rates Blamed for...
Economic crisis in South-east Asia
Essay - 5 pages - Economy general
In order to fully appreciate the nature of the economic crisis in south-east Asia, it would be necessary to have at least some insight into the nature of these economies prior to the financial problems they experienced1. Before the onset of the Asian crisis, the south-east Asian countries...
Guatemala : An economic overview in a historical, social, and political context
Essay - 8 pages - Economy general
The purpose of this paper is to explore the emergence of Guatemala into the global economy, and explore the viability of trade and investment in the country. In order to gain a proper perspective on Guatemala's current and future economic position, this exploration must be carried out in the...
