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...
Impact of Monetary Policy on South African inequality
Case study - 5 pages - Economic politics
In 1994 the first democratic elections in South Africa brought about the promise of equal opportunity and overall improvement of living standards. However, 26 years later the high levels of South African inequality still remain. This level of inequality has been institutionalised in the economy...
Central banks & monetary policy
Case study - 7 pages - Educational studies
Most of central banks presume that financial stability has policy responsibility. In a few situations where the central bank is faced with legal objective that is explicit for stability in finance, objective is of a wide range and the responsibility of central banks far reaching. However,...
Monetary Policy: Efficient Markets Hypothesis
Case study - 15 pages - Economy general
The efficient markets hypothesis does not constitute a good approximation to reality, and is often violated to a substantial degree in financial markets. The efficient markets hypothesis states that the price of every stock equals the value of the stock, so no stock is a better buy than any...
Monetary policy
Thesis - 4 pages - Finance
Monetary policy changes have influence over unemployment, short-term production and in the long-run affect prices and inflation rates. What monetary policy can do to heighten economic performance is a challenge that must be understood by economic policymakers. What...
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...
Paying for a Green New Deal with Modern Monetary Theory - Dean Baker (2019) ; Mixed Economies Today, Compared to Those of Antiquity - Michael Hudson (2019) ; The Green New Deal, Capitalism and the State - Rob Urie (2019) ; The Great Austerity Shell Game - Richard Wolff (2013) ; The crisis of globalization: interview with Mark Blyth (2019)
Case study - 5 pages - Economy general
Dean Baker offers in this column a critique of the Green New Deal (GND), a set of legislative proposals put forward by progressive (left-wing) members of the Democratic Party in the United States. The GND is an ambitious set of policies designed to revamp the entire American by making it less...
Country Risk: Fiscal Policy and Public Debt
Course material - 6 pages - Economic politics
Governments refer to (elected) people who form the administrative body of a country. They are important because they take into account externalities and finance public goods (which the private sector would not want/manage to finance). Their objectives are : education, national defense, low crime,...
European urban policies - A summary note on the urban agenda for the EU
Summary - 15 pages - Social, moral & civic education
Today more than half of the world's population lives in urban areas. This figure is projected to increase to 80% by 2050 (United Nations, 2019). Even though Cities are home to many complex, interlinked challenges (related to climate control, energy efficiency, pollution, and many more) they...
The United States and the World: The Sources and Tools of American Foreign Policy
Course material - 8 pages - Modern history
There is undoubtedly an American exceptionalism: the US considers itself since the 18th century to be different from Europe. It has seen itself from the beginning as a universal model: the “American way of life” (linking most strongly liberal democracy and free enterprise, two notions...
Comparison of the monetary policies of the American Federal fund (EDF) and the European Central bank (BCE)
Thesis - 7 pages - Economy general
Interest rates of the Fed are currently at an all-time low. The rates of the European Central Bank are at their lowest levels in history and on April 2, 2009, there was a further decline with a reduction to 1%.Indeed, monetary policy is an important instrument of control, and along...
The Interplay of National and European Considerations in the Foreign Policy of EU Members - The Countries Other than France and Germany
Course material - 8 pages - Political science
France and Germany alone can no longer call the tune in the EU. They henceforth have to take much more into account the agenda of the other members. We shall see first that agenda, regrouping, of course, the different countries into larger groups along their affinities, and then the possible...
Globalization and Inequalities: Towards a World Without Poverty: Theories, Institutions, SDG's Policies, Future Perspectives for a Better Society
Essay - 9 pages - International relations
When we talk about globalization, we mainly think about how it has been a driver and shaper of our current society. Despite having increased and revolutionized the economic exchanges, it has largely impacted our cultural and political processes by perturbing them. Globalization appeared and...
Monetary and macroeconomics interrelations between countries
Case study - 4 pages - Educational studies
International finance is a division of financial economic that deals with monetary and macroeconomics interrelations between countries. It is also referred as international macroeconomics. It involves the economic relations between different countries and involving how the respective...
Human Resource Policies Influence on Performance of Medium Sized Manufacturing Firms
Case study - 5 pages - Business strategy
Globalization has created a paradigm shift in the ways by which firms conduct their business. The convergence of world economies has minimized-and in some cases eliminated-both legislative and geographical barriers to international production and sale of goods and services. The flip-side of this...
Economic and policy issues from the spill : Gulf war oil spill of 1991
Essay - 3 pages - Ecology & environment
In any oil spill, looking at the economic issues that are raised, the first parameter that is used is the number of gallons of oils that were spilt to measure the loss that was suffered in monetary terms. In the case of the gulf war oil spill of 1991, it caused the loss of millions of...
Quantitative Easing as a policy
Case study - 5 pages - Educational studies
Quantitative easing (QE) is the unconventional monetary policy that central banks apply to stimulate the economy after the ineffective of other conventional monetary policies. Quantitative easing is implemented through the buying of financial assets from private institutions...
'The monetary history of the United States', chapter 7: Great Depression, 1929-1933 (Friedman and Schwartz)
Book review - 5 pages - Economy general
The Great Depression is considered as the most severe economic depression in the history of the United States. In terms of the economic and monetary unions, it had meant: a decrease of more than half of US GDP (current prices) and over a third of US GDP (constant prices) between 1929 and...
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...
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....
Has British public policy been Europeanised in the period since 1973?
Essay - 6 pages - Journalism
As Johan Olsen affirms ““Europeanization” is a fashionable but contested concept.” This term indeed occupies a lot of space in all studies about the European Union and more specifically about the domestic changes incurred by the member states through the dynamics of European...
Policies and analysis of the liberalization of the World Bank and the International Monetary Fund (IMF)
Thesis - 7 pages - International relations
The International Monetary Fund and World Bank were both formed at an international conference held in Bretton Woods, New Hampshire (USA) in June 1944. The conference participants were keen to establish a framework for cooperation and economic development that would lay the groundwork for...
Economics and Social Policy: The Keynesian Perspective
Case study - 2 pages - Educational studies
At the onset of civilization, it has always been the aim of surviving societies to establish a kind of welfare state- one that is able to deliver the basic necessities and services to its inhabitants through various modes available. The delivery of services includes, but not is limited to, those...
The evolution, features, concepts, application and terminologies of fiscal policy
Thesis - 12 pages - Government finance
Fiscal policy can be explained as a policy executed by the government to produce desirable effect on national income, output and employment. There are two type of fiscal policy they are - Contractionary & Expansionary.It helps the government by creating an environment for...
Examining Social Justice, Opportunity Disparities, and Policy Interventions on the ethical implications of income within free markets
Essay - 5 pages - Economy general
The problem of internal income inequality within the market system is very complex, urgent, and problematic regarding the ethics of the functioning of such an economy, raising the issue of social justice and equal opportunities in the U.S.A. The necessity of free markets that guarantee economic...
The French policy in sub-Saharan Africa since 1960
Essay - 10 pages - Political science
The French policy in Africa is frequently deemed neo-colonialist. France would enduringly attempt to keep its former colonies within its sphere of influence for economic and political reasons. Cases in point are the lyrics of the song “Françafrique” by the Ivorian descent artist...
Did government policy influence the development of large local firms and/or business groups in South Korea? What have been some of the long run benefits and problematic legacies of such policies?
Essay - 7 pages - Political science
The South-Korean state's industrialization programs achieved national economic ob-jectives through the use of government economic policies, defined as “measures by which a government attempts to influence the economy” (Encyclopedia Britannica, 2008). This paper focus on three government...
The world monetary situation: A fresh look
Thesis - 7 pages - Economy general
Peaceful heat of exhausted dog-days fluttered around the Federal Reserve Board building on C Street, Washington, DC. It was noon and time for another monthly open-to-the- public “brown bag” seminar. Experience must have taught the organizers not to expect mobs thirsting for detailed...
Outline de Gaulle's vision of France's international role and discuss the ways in which his foreign policy sought to realise this vision
Essay - 13 pages - International relations
The immediate cause of Charles de Gaulle's resumption of power (1958-1969) was the Algerian War, which had brought France to the brink of civil war and destroyed the Fourth Republic. By ending the war, de Gaulle had the chance to resurrect his proposal, first elaborated at Bayeux in 1946, of a...
Describe the major differences in interests and perspectives of the member states of the European Union on Iraq and the US policy
Essay - 15 pages - International relations
The Iraq conflict uncovers difficulties for the member states of the European Union to find a common position in the context of the Common Foreign and Security Policy. This essay describes the major differences in the interest and perspectives of the member governments on Iraq, and the US...
