Contemporary international finance and East Asian economic integration
Essay - 12 pages - Economy general
The “Current Account crisis” is a particular type of external debt crisis that affects mostly low-income developing countries. It is characterized by a huge deficit in the current account balance which provokes a Balance of payments deficit and a currency crisis. A current account...
Macroeconomic events before and after Argentina's 2001-2002 currency crisis
Essay - 5 pages - Economy general
In practice economical balance is unachievable. Stabilization conditions that many scholars and economists claim are but fleeting status of the economy. Some of the major crises around the world including the US stock market collapse, Asian financial crisis, Latin financial crisis and recently...
The Levin model of monetary integration
Thesis - 6 pages - Finance
In the following work the Levin model of monetary integration is going to be derived and then used to show that the union monetary expansion reduces income divergence between the countries in the union and that fiscal expansion in one of the countries increases income divergence. Also it...
The global economic crisis and its impact on the German economy: The case of Strabag AG
Thesis - 7 pages - Economy general
The world economy is going through a very difficult period. The global economic crisis which began in the USA with the collapse of the sub-prime mortgage market, spread to the rest of the world. After the US, Europe was the first to experience the negative impact of the crisis. This paper...
United States as a Net Borrower
Case study - 9 pages - Educational studies
Performing a detailed scrutiny when an international debt crisis strikes, would reveal that struggling countries are guilty of pursuing a self defeating strategy in their build up to foreign debt. Most of the problems that besiege the modern economies are not in any way a swarm of locusts in the...
Proposals to face the Euro crisis
Thesis - 4 pages - Economy general
During a certain period, the funny abbreviation “PIIGS” was to be found everywhere in the news; this referred to Portugal, Italy, Ireland, Greece, Spain, the five European “sick men”, endangering the survival of the Eurozone itself. While their situation still remains...
Keynesian economics: The transition to the Washington consensus
Thesis - 5 pages - Economy general
Recent political events concerning the international economic downturn have revived the discussion of Keynesian economic theory due to the apparent failure of free market neo-liberalism. On 26 September, 2008, French President Nicolas Sarkozy remarked that “we must rethink the financial...
Study of the LVMH group
Case study - 21 pages - Finance
LVMH group, founded in 1987 by the merger of Moet Hennessy and Louis Vuitton is the world leader in luxury, with a unique portfolio of over fifty brands. There are more than 60,000 employees, nearly 1700 stores across the world, a turnover of 910 million euros in 2005. It is partly for these...
The European Stability and Growth Pact in the International Crisis
Essay - 3 pages - European union
The European Council created the Stability and Growth Pact (SGP), an agreement among the 16 members of the European Union who take part in the Eurozone, to facilitate and maintain the stability of the Economic and Monetary Union. The pact was adopted in its Amsterdam session on 17 June 1997 in...
Critically assess the extent to which the Court of Justice of the European Union, through its interpretation of EU law, has struck an appropriate balance between the need to respect single market objectives
Case study - 5 pages - European union
European integration was always conveyed by economic motives. The European Coal and Steel Community, the European Economic Community, and the European Union (EU) were founded by economic interests. Since the European Union is a sui generis organisation and is also founded by the law, those...
Institutionalism: Brief study
Case study - 3 pages - Sociology & social sciences
School of economic thought which emerged in the 20s in the United States was sought to be based on history, sociology and social sciences in general. Thorstein Veblen highlighted by the institutionalism opposed the foundations of Classical and Neoclassical schools, with the goal of leading the...
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...
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...
L'Oreal Group: Economic and Financial analysis
Case study - 55 pages - Finance
The L'Oreal group, created in 1909 as a small family business, has grown exceedingly since its IPO (initial public offering) on October 8, 1963. Held by the Bettencourt family (27.5%) and Nestle (26.4%), the Group is now a part of the CAC 40. World leader in cosmetics, L'Oreal has a...
Inflation targets scheme: General characteristics, theoretical foundations and ideal conditions for its adoption
Case study - 3 pages - Educational studies
The regime of inflation targeting has emerged as a new attempt to discipline the management of money, explicit inflation targets will function as nominal anchor for the formation of inflation expectations and the fixing of prices and wages. This can effectively replace schemes based on targets...
The impact of bank failures on the money stock during the inter-war period in the United States
Essay - 11 pages - Finance
In the following study the researcher attempt to analyze whether the monetary policy adopted by the Federal Reserve during the interwar period led to the Great Depression. The study would investigate through an extensive literature review by studying the perspectives of renowned economists...
Foreign institutional investors and the stock exchange
Thesis - 28 pages - Economy general
India has struggled financially since independence, experiencing slow economic growth and economic setbacks due to climatic extremes or political disturbances. The country has been gradually transforming its economic base from agrarian to industrial and commercial. Under British rule in the 19th...
Porter's Five Forces - Areva, the French nuclear energy operator
Thesis - 4 pages - Business strategy
As a world leader in its sector, and the flagship company of the French nuclear power industry, Areva must defend certain commitments that allow it to remain competitive. However, it must also preserve its public image in the sensitive field of nuclear energy. It is also led, like most large...
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...
The functioning of the Central European Bank and the American Federal fund
Thesis - 3 pages - Economy general
The European Central Bank and the US Federal Reserve: These are two institutions that operate the two most important monetary policies in the world: the euro and the dollar. An essential function of a Central Bank is to regulate the evolution of money supply and interest rates, but one must not...
Global Trade, Monetary Tradeoffs
Essay - 3 pages - Economy general
It is certain that the last half-century of economic history has seen a dramatic increase in global market integration. States in this integrated setting must make difficult financial decisions with a great deal of insecurity. In managing their national currency, they face uncertainty and a...
Is the Subprime crisis a financial or global crisis?
Essay - 25 pages - Finance
Was the subprime crisis predictable? Some analysts predicted it in 2005 as a continuation of a long boom, during which loans to U.S. households rose sharply. Now the U.S. Federal Reserve (FED), led for over 20 years by Alan Greenspan takes a systematic approach to support the banking crisis stock...
The Supreme Court, Federalism, and Public Administration
Dissertation - 8 pages - Constitutional law
The U. S. Supreme Court has always played the role of a decisive figure in the conflict of power between the federal and state authorities. The Supreme Court is the apex court of the United States. By virtue of its role in legal interpretation, it defines the parameters of federalism as stated in...
Financial market
Case study - 12 pages - Finance
Recently, there are more and more financial analysts have dedicated their studies to the relationship and emerged trends between different financial markets such as studies of Dalkir (2009) and Savva (2009) on stock markets inner relationship, or relationship between bond markets and stock...
The World Trade Organisation (WTO) and public contracts
Essay - 9 pages - International relations
The World Trade Organization aims at ensuring “harmony, freedom, equity and security” in trading activities. The organization has the institutional means to control the compatibility of national policies to its requirements. From financial to commercial items, all fields of legislation...
Organizational culture of the new Air France - KLM group
Case study - 36 pages - Management
The terms "intercultural", "globalization", "internationalization" are increasingly gaining relevance in the current business scenario. Today, with the internationalization of firms in the context of the formation of the European market and the globalization of economies, it is interesting to...
Portfolio management and investment decision
Case study - 42 pages - Finance
A portfolio is a collection of securities since it is really desirable to invest the entire funds of an individual or an institution or a single security, it is essential that every security be viewed in a portfolio context. Thus it seems logical that the expected return of the portfolio....
Economic Growth and Construction Industry in Libya
Case study - 4 pages - Social, moral & civic education
The sector of construction is ranked as a vital factor that influences policies of the economy in countries that are still developing like Libya. The sector entails backward and forward linkages with various sectors of the economy. In other words, they are dependent on each other. Countries like...
Success in developmental states of Taiwan and Korea after Japanese colonization
Thesis - 6 pages - International relations
As Taiwan and Korea, both being former colonies of Japan, began to develop over time, their growth exemplified the characteristics of what we term “developmental states”. These two particular states have exhibited rapid, sustained, export-led growth over a long period of time, with...
Case Club Med: recruitment
Case study - 8 pages - Human resources
Though Club Med, the inventor of the holiday clubs, remains the leading brand in the world in terms of reputation in the tourism sector, several factors have nevertheless tarnished its image since the late 90s. In 1997, the Trigano family was ousted from the company by shareholders and in 2000,...
