How is the nomination of Jerome Powell at the head of the US Federal reserve going to affect the global economy, especially on the issues of monetary policy and financial regulation?
Essay - 2 pages - Economy general
Federal Reserve Chairperson Janet Yellen is stepping down from her position in early February 2018. It is widely that her successor is going to be President Trump's selected nominee, Jerome Powell. In contrast with the last three Fed chairpersons, Powell is not an academic, though he has an...
The Impact of the 2007/2008 financial crisis on the UK economy - Can we identify indicators of a possible future UK financial crash?
Dissertation - 6 pages - Economy general
Ten years ago the world economies were hit by the financial crash which exposed countries of their weakness and almost collapsed some of the biggest banks in the world. The crash exposed the weakness of banks their reserves held were less than 1% of equity well below a level that could...
To what extent tradition, history, art, religion and politics can shape the economy of a region, a country or a continent? - The example of China
Essay - 5 pages - World geography
Economic growth and development in a country are not only the results of trade and economic policies. The economy, in a country, can also be boosted when the country offers a safe economic background such as secure private property or open trade guaranties. Institutions are fundamental in...
What future for the French economy after the Covid-19 crisis? - The "France 2030" investment plan proposed by President Macron
Essay - 6 pages - Economic politics
In 2020, the health crisis caused a recession of -7.9% for France. France had a fairly stable economy before the crisis and the various confinements led to a negative evolution of the economy as well as a recession in GDP. The French economy is growing little but resisting...
The Multiple Terms in Finance, Business, and Economy
Worksheets - 3 pages - Economy general
This document is a vocabulary worksheet on the different terms used in finance, business, and economy.
History of the British economy
Course material - 2 pages - Modern history
After WW2, to give Britain the chance to rebuild itself economically and socially, the Labour government established the “Post-War consensus” based on the principles of the Beveridge Report from 1945 up to 1979, the two main political parties Labour and Conservative agreed to follow the...
Sustainable Tourism in Croatia - How Does Croatia Operate its Shift Towards a More Sustainable Economy Through Tourism?
Thesis - 24 pages - Tourism marketing
In 1800, there were 900 million human beings on earth. In 2020, the Earth is home to 7.8 billion people. This strong population growth is accompanied by an increase in demand for goods and services and production methods that cause environmental and social disorders. In the 1970s, many experts...
Why the gig economy is the best and worst development for workers under 30?
Essay - 1 pages - International economy
The gig economy is a result of the shift of the 21st century's economy. It skyrocketed this past twenty years in the global market, because of the success of companies like Uber, Deliveroo, Airbnb who based its activity on the same business model in the service sector (tertiary...
The United States in the Economy
Course material - 25 pages - International economy
Globalization is a contest content, it can have a negative view; responsible of outsourcing, massive unemployment (Europe), positive view; eliminate discrimination, global general culture, universalism. A complex reality, positive & negative sides. Is a process of interaction and integration...
Economy - Types, factors and effects of inflation in Malaysia
Essay - 21 pages - Economy general
In the economy, inflation means an increase in the general price of goods and services in an economy from time to time. G. Ackley defined inflation as ‘a persistent and appreciable rise in the general level or average of prices'. With the increase in general price levels, each...
Digital Innovation: the Impact of Artificial Intelligence (A.I.) and Automation on Jobs and the Economy
Essay - 3 pages - Computer science
While it is certain that AI and robotics are already automating low-skilled jobs such as the job of the cashier, the argument of the article displays a dystopian and technological determinist point of view. The idea is that AI will destroy more jobs than it creates and that robots might take over...
The Equal Pay for Equal Work Act and its impact on the American economy
Course material - 3 pages - Economy general
The nineteen sixties were a time of change in the world and especially in America, where Vietnam protests and demands for civil rights had taken off. In this time of change the sixties saw women in greater numbers demanding the same rights as men and one of those rights was the ability to join...
European Union Influence in International Political Economy
Case study - 6 pages - Educational studies
International political economy is a field that tries to understand global and international problems through an electric interdisciplinary array of theoretical perspectives and analytical tool. It encompasses analysis of political economy in the global trade, international finance,...
The Brazilian economy: Consumer X Interest
Case study - 5 pages - Business strategy
In the previous part, we have seen that, in theory, the consumer reacts negatively to an increase in interest rates. We will seek to verify this part of the chapter the behavior of interest variables, consumption and inflation in the Brazilian economy after the adoption of inflation...
The Tourism sector in Chile: Chilean economy and Implantation of foreign companies
Case study - 8 pages - Economy general
Between 1973 and the early 1990s, Chile underwent a troubled political situation with a dictatorship situation of the government. Logically, the destinations in this situation remain on the sidelines of world tourism. But when the political crisis in Chile had subsided, giving way to democracy...
Multinational Corporations and their Consequences on the International Economy
Case study - 4 pages - Business strategy
Multinational corporations are those businesses that have a direct ownership of assets, which they run in more than one state outside their country in which they are built-in, and also they generally retain their headquarters. It means that these corporations have roots in their state. However;...
Devaluation in Open Economy
Case study - 6 pages - Educational studies
Over the years, the global economy has undergone massive transformation emerging from the desire to run the national economies under financial strength arising from the expanding international trade. Ordinarily, the international trade demand use of foreign exchange to leverage the absence...
The economy of Portugal
Case study - 18 pages - Economy general
Portugal joined EU in the 1986 and since then has remodeled its economy in more than one way. Portugal's economy was mostly based on production of agricultural products, where about two thirds of the country was employed in this sector. After joining the EU Portugal has diversified...
Impact of the department of education on the US economy
Case study - 5 pages - Educational studies
The US economy is largely influenced by consumers and producers. Government activities, however also play a huge role in molding the US economy. This is because the government is the one tasked with guiding the overall pace of the economy, maintain its steady growth, increase...
Islamic Economics as a Solution to Strengthen Economy
Case study - 3 pages - Economy general
The financial crisis lately become more common since the era of globalization. Countries are experiencing a crisis not only in Latin America, Asia, Europe, but also hit the United States. U.S. financial crisis spread to various countries including Indonesia. Almost all countries that apply the...
A critical review of Downs, A. (1957) 'An Economic Theory of Political Action in a Democracy', Journal of Political Economy, 65(2): 135-150
Case study - 3 pages - Political science
In his seminal work “An economic Theory of Political Action in Democracy” Anthony Downs suggests that traditional economic theory is united in its exclusion of the impact of government as an economic agent. He sets out to address this issue by creating a model that sets key conditions...
Spain economy: An empirical analysis
Case study - 5 pages - Economy general
Spain is one of the largest economies in Europe with a GDP over 1.3 trillion USD. They experienced an economic boom in the early 2000's as most industrialized nations did. However, with an increasing trade deficit, looming of the housing bubble about to burst and the worldwide financial crisis in...
How valid were Third World criticisms of international economy between 1945 and 1991?
Case study - 6 pages - Educational studies
With the end of the Second World War in 1945 came the reconstruction and development of the global economy via such pillars of multilateralism as the General Agreement on Tariffs and Trade (GATT), the World Bank (WB) and the International Monetary Fund (IMF). At this point I must specify...
The diversification of Oman's economy to oil alternative sources of income
Case study - 3 pages - Social, moral & civic education
Oman relies heavily on oil for its economy which contributes a large proportion of the GDP of this country although it's not a large producer like its neighbors who heavily rely on oil in their economies. To reduce the gap left by oil in the GDP, agriculture and fishing play a major role...
Globalization and economy (negative effects)
Essay - 2 pages - Political science
Globalization has been defined in various ways by different scholars. In economic terms, globalization refers to progression of incorporating different isolated national markets of capital, labor and commodities into a single world market which different investors across the globe can exchange...
"The UK economy looks battered. People don't like the outlook. They are showing their feelings by selling the Pound." Strategist Jeremy Stretch quoted in the Sun. Explain this quote. Does the exchange rate matter? Can and should the UK government do
Case study - 2 pages - Business strategy
The current UK economic climate is uncertain. Gross Domestic Product (GDP), used as a measure of National Income has only recently in the fourth quarter of 2009 inched out of the negative and into positive growth of 0.1 per cent. This is after a long recession which began in the first half of...
A snapshot of Portuguese economy
Case study - 1 pages - Business strategy
Portugal's banking and financial system is sound, competitive and well managed. Despite being not as large as other EU nations, the banking system in Portugal can be compared with other EU nations in terms of profitability, efficiency and solvency. The challenges for the banking system of...
South Africa - An investment-friendly economy
Thesis - 7 pages - Economy general
This paper is devoted to one of the most advanced, broad-based and productive economy in Africa. This paper is about trying to understand how the Republic of South Africa became "one of the most advanced and productive economies" in Africa. We will pay attention to foreign direct...
BRIC (Brazil, Russia, India and China) and the global economy
Thesis - 11 pages - Economy general
BRIC is an acronym that refers to the countries Brazil, Russia, India and China. According to a paper published by Goldman Sachs in 2005, these countries have been growing rapidly, and will continue growing rapidly for the next fifty years. By the year 2050, the combined economies of the BRIC...
How did the rise of mass production transform the role of the United States in the international political economy?
Thesis - 4 pages - Political science
The early twentieth century saw one of the most dramatic shifts of power noted in the studies of international political economy. Preceding and throughout the Great Wars, the United States of America underwent such dramatic and influential changes in its domestic industries that it not...
