Economic Systems & Principles Essay Examples and Topics

Global Economic Crisis

The global crisis team members include; Christine LaGarde, Warren Buffet, & Colin Powell. These are people from various parts of the world who play major roles in the world economy. For example, Colin Powell is an American politician who has experience in military leadership. Having led the American army for many years, he has the […]

Weber and the Rise of Capitalism

Max Weber is known for his analysis of the factors that led to the creation of modern capitalism. In various works, he examined social, ethical, philosophical, and religious forces that shaped the system of production that emerged in Europe as well as the United States. His ideas are discussed by many modern scholars who focus […]

Critical Analysis of Greece

Introduction Globalization is instrumental to the current economic trends in countries all over the world. These include the intra-industry trade, which brings together or connects the world through the sharing of ideas, technologies, and trade markets among other things. According to Ricardo’s theory of comparative advantage, countries trading with each other benefit a lot from […]

Economic growth in Canada between 1990 and 2000

Introduction Canada is a country that lies in the northern side of United States of America. Canada became independent in the year 1867. It has three territories and about ten provinces. The country extends from the Pacific Ocean to the Atlantic. Its geographical area coverage is about 9.98 million per square kilometers. Canada is the […]

The 2008 Financial Crisis

The housing and monetary policies are the key causes of the 2008 economic crisis. Two main mortgage firms, the Fannie Mae and Freddie Mac Corporation eased the credit requirements on loans it purchased from lending institutions. In September 2008, the two giant mortgage companies faced the danger of bankruptcy as they had guaranteed close to […]

Usury and Ethics

Historically, usury has been thought of as being unethical. The people who practiced usury were shunned by society as they were seen as greedy. Historical hatred towards usury is also well documented by Shakespeare in his book “The Merchant of Venice” where Shylock, a Jew who practices usury, is loathed by the members of the […]

The Youth Unemployment Crisis in Spain

Causes of unemployment in Spain The labor market in Spain has reached its peak following the four-year crisis that that country has undergone. This situation has been signified by the high unemployment rates that have been witnessed in the country. Currently, the rate of unemployment in Spain stands at 24.8% (The Guardian, 2013). By undertaking […]

Marketing Strategies: Liberia

Liberia is one of the world’s poorest countries with a gross domestic product of less than $1000 per capita. Many of the country’s economic misfortunes can be attributed to the first Liberian Civil war that lasted between 1989 and 1996. These civil wars resulted to many investors fleeing the country but a change in the […]

Marxist Critiques of Capitalism: Theory of Surplus Value

Introduction Marxist critiques of capitalism challenge each other in many aspects. However, the three critiques are interrelated. Theory of surplus value This theory states that surplus value is a factor of surplus production. This theory also encompasses labor. Thus, capitalism exploits the common work force. The surplus production is constantly being created. In fact, workers […]

Industrialization and Modern Economic Growth in India and China

Introduction In the 18th century, India was a chief actor in the global textile export market. However, by 1850, it had lost not only a substantial share of its export market but also the local Indian domestic market. Other than the textile industry, other local industries also suffered some decline. As a result, India was […]

Economic Growth and the Living Standards

Introduction Economic growth refers to the process through which improvement in an individual’s standard of living is achieved (Baumol, Litan & Schramm 2007, 34). During the 20th century, most of the developed countries such as the United States, United Kingdom, Germany, France and Japan experienced a rapid improvement in the citizen’s living standards. This arose […]

Impact of the Global Financial Crisis on the World

Introduction The recent global financial crisis happened between the years 2007 and 2008 that was a serious threat to the financial markets in the United States and the rest of the world. The previous global financial crisis was during the great depression of the1930’s. The decrease in consumer’s wealth and decline of the economic activities […]

Effects of Hedge Funds on the Global Financial Crisis

Article Summary The article titled “Don’t Blame Hedge Funds for Financial Crisis, Study Says,” in 19th September 2012 issue of the The Wall Street Journal, attempts to remove the hedge fund from blame in the global financial crisis. The article reports that banks were the major causes of the global financial crisis. Introduction Prior to […]

Rise of South Korea Economy

Introduction South Korea has one of the most fascinating economic histories in the world. A country that was once threatened with war and instability, overcame all the odds to become a shining star in the Asian region and around the world. How did South Korea rise to attain its current economic status? This research explores […]

Christopher Van Hollen and Jeffrey Pfeffer as Members of the Global Crisis Team

Selecting the global crisis team members requires taking into account a wide range of factors which have a significant impact on the outcome of the team’s work, and the members’ competence, professional experience, style of thinking and negotiating along with preparedness for effective cooperation with the rest of the team are only some of them. […]

The Great Escape: Health, Wealth, and the Origins of Inequality by Angus Deaton

This paper is meant to analyze the book The Great Escape: Health, Wealth, and the Origins of Inequality written by an economist Angus Deaton in 2013. As the author claims, revenue disparity among different nations has amplified over the last three centuries. Deaton gives the USA special attention, asserting that the extent of the nation’s […]

US’s Financial Crises in 2008

Discuss the Different Reasons and Causes of the Financial Crisis When examining the causes of the 2008 financial crisis, the facts present a logical sequence of events of a housing bubble that burst in the United States. From this perspective, the logical conclusion would be a crisis in the housing sector. However, as it turned […]

Global Financial Crisis: Corruption and Transparency

Financial regulation The financial crisis that hit the world cannot be dissociated from the banking operations. Although some scholars have described the just-concluded economic meltdown as a “Minsky” moment, there are a number of key factors that indeed influenced the financial crisis. This explains why adequate regulation of the financial sector cannot be ignored by […]

“New Normal” and Productivity of Chinese Companies

Introduction The New Normal State of China’s Economy Economic indicators reveal that China’s economy is proceeding to a “new normal” stage. After the world economic crisis of 2008, China has experienced considerable declinations in its growth rates. China’s economy is rebalancing and this is obvious in the slowing of export growth, from an initial annual […]

The Euro Crisis and its Impact

Abstract The Euro crisis is an economic crisis that not only points at the weaknesses of economic integration, but also points at the consequences of poor economic policies at the state level. The aim of this paper is to synthesise literature on the causes, progression, and impacts of the Euro crisis on the European economy. […]

The Financial Crisis

Introduction Even though many intellectuals held that deregulation, poor supervision, lack of liquidity, casino banking, and Gaussian copulas are some of the factors that caused the financial crisis, failure to view the crisis from a multilateral perspective further heightened the situation. This is evident from the roles that international governments like the International Monetary Fund […]

Economic Indicators and Their Utilization

Introduction Out of all the economic and socio-economic indicators, inflation and the gross domestic product have a greater impact on the stock market. The six economic indicators that affect our economy every day include the Treasury Department Policies, Monetary Policies, Raw Resources, Fiscal Policies, Productivity, Balance of Payments. According to Graham, “inflation is an economic […]

The Impacts of Political and Economic Factors on Marketing in Emerging Markets

Introduction Various new markets have emerged in the 21st century. In fact, powerful forces have transformed the emerging market economies. Literature shows that the way firms and corporations conducted their businesses have changed due to the movement of organizations, individuals and goods across the borders. In the past, foreign debts, hyperinflation, and military coup dominated […]

Effect of Civil War on Economic Growth

The performance of an economy deteriorates when civil war erupts. In this case, people lose their lives whereas the infrastructure of a nation gets destroyed. Moreover, they the legal state of a nation becomes weak. In addition, people’s rights to own property are violated. Civil war also introduces uncertainty into an economy thereby making it […]

Economic Crisis in Greece

Introduction Greece is the weakest member of the euro zone, and its economy is continuously contracting at a fast pace. Sarah Hewin, a London economist, proposed that the economy of Greece had been struggling even before 2008 when Lehman Brothers collapsed. The decline in the economy translated the economic depression in Greece (Jolly para. 1-4). […]

Financial Crises and the Subprime Meltdown

Introduction Financial crises greatly disrupt financial markets “characterized by sharp declines in asset and firm failures” (“Financial crises and Subprime Meltdown” 196). Starting from August 2007, the defaults in subprime mortgage markets in the U.S shook the financial markets, contributing to the most horrible financial crisis from the time of the Great Depression and to […]

Property Market Analysis Report

Executive Summary Property markets are important pillars of any economy. The trends displayed in these markets determine how an industry performs. There is the need for appropriate research before an organisation can commit any finance into any property market. Some of the considerations that must be made include the performance of the regional local and […]

Economy for Labor and Interest

Introduction Definition of the term “capital” denotes money. Money plays a key role in the growth and expansion of an economy. However, economic expansion is not directly related to money, it is related to the value of money over time. When the Time Value of Money is diminished, capitalist systems encounter minimal growth. In extreme […]

Chandler’s Model of Integrated Managerial Enterprise

Introduction In the 18th century, most of the US companies operated as small enterprises that were directly operated by the owners. However, this trend changed after increased industrialization led to introduction of new technologies for production and transportation (Rodriguez 2009, pp. 284-298). Additionally, the demand for goods and services increased as businesses discovered new overseas […]

Local Economic Development Incentives in the US

Description of the Issue Local economic development incentives constitute essential aspects of urban development economic policies. Such incentives are meant to enhance the development of cities that are considered underdeveloped. The enticements assume different forms. However, the common ones are the policies for providing tax incentives together with improvement of infrastructure (Anderson and Wassmer ‘Bidding […]

Effect of Civil War on Economic Growth: Evidence from Sudan

Introduction One question that is often asked concerning the linkage of political to economic growth and development is the extent to which political stability, which implies the absence of national and civil strife in a country, creates a suitable environment for economic posterity. Economies are known to attain high levels of growth when there are […]

The Retail Grocery Market Structure in Australia

The Market Structure of Retail Grocery Market in Australia There are a number of market structures that can be adopted in an industry, depending on the type of products and services offered. The market structure that is in place is shaped by how many and what types of firms make the industry. There are four […]

The effects of the EU political crisis on the economy

Introduction Since the commencement of the 2007/2008 global economic meltdown, speculations surrounding the economic situation in the euro zone have been quite rampant. Several reasons have led to the current financial struggles in the euro zone. The dwindling economic relevance of the region in the global market is one of the greatest misgivings in the […]

The Progressivity of Health Care Finance

The Progressivity of Health Care Finance One of the main objectives of millennium development goals was to have universal healthcare services to everyone in the world at a cost that is affordable. This responsibility was laid on governments of various countries for implementation. This noble idea was to ensure that cases where people die not […]

How to Do Business in China?

Introduction China is a third world country whose market is growing at a very high rate. China has the fastest growing economy among the third world countries. It has a large population that favors the market growth. Small firms in the United States of America market most of their products in China. China has a […]

Relationship between Population and Economic Growth

Introduction Economic growth is dependent on a wide array of factors that range from technology to capital. Of particular interest is the rate of population growth vis-à-vis economic growth and development. Various economic models have attempted to establish the relationship between different demographic dynamics and economic growth (Barro 1991, p. 87). While some economists postulate […]

Training and Skills Development Programs vs. the Global Financial Crisis

Unemployment is an occurrence witnessed when active individuals cannot find job opportunities. Conversely, prevalence of unemployment is accrued through poor economic development and high unskilled labour. Unemployment is an acute problem especially during the recession periods when world economy collapsed however, there is a notable improvement through numerous interventions specifically, minimum wage laws, formation of […]

Sustaining Australia’s rate of economic growth

Introduction The resources boom in Australia has come to an end and has affected the investment in the resources sector. Since April 2012, A$ 150 billion of the intended ventures are either held up or called off as per the government data. The withdrawing commodity markets and feeble investment interest have forced mining companies to […]

Comparative studies of real estate industry: Hong Kong and Singapore

Introduction Singapore and Hong Kong are two similar city states that have in practice a number of multinational companies interested in the real estate business with investments in the real estate industry being one of the greatest revenue earners to their economies. In terms of macro-economic factors, Singapore and Hong Kong have the same size […]

The effect of market-type procurement on the public sector

Introduction Quasi market procurement is a system in which governments buy public services from non-public establishments, such as not-for-profit and voluntary organisations, on behalf of users. Governments use this approach to introduce free market principles of price and quality in the provision of public services. In the United Kingdom, the system has yielded mixed results […]

The Worst of the Global Financial Crisis Is Still To Come

Introduction Although the world economy has shown signs of improvement since the 2008 to 2009 economic crunch, its restoration rate is questionable in terms of filling the gaps left by the crisis. That is, although the growth rate is encouraging in some economies, there exist great disparities in the level at which different countries are […]

The Financial Crisis Impacts on East Asian States

Introduction East Asian crisis of 1997/1989 is listed among the most transmittable economic crises in the last two decades (Shambaugh & Yahuda, 2009, p. 5). Countries which were most affected include Malaysia, Indonesia, Philippines, Thailand and South Korea. However, the crisis also affected other economies like China, Singapore and Taiwan. This crisis started as a […]

The Business Environment of India

Executive Summary The purpose of this report is to prepare a country report of India in order to assess the business environment of this country and to provide the CEO with important information for making a decision about business. In order to do so, this paper considers political, social, and economical environment of India, Gross […]

Business Environment in China

Introduction China’s booming economy, its large manufacturing base and its growing consumer spending as well as the availability of natural resource supply makes it ideal for doing business (Troutman Sanders 2010; Banu 2004). One aspect of its growing economy is its gross domestic product which has maintained a growth rate of about 9% for the […]

Current Economic Climate

Introduction Strategic change is an important concept for all business organizations that want to survive in the constantly changing global economy. Strategic change is defined as the change that takes place in a company’s strategy. It is the organization’s attempt to align its strategies with those of the external environment. It involves changing the organizations […]

Services industries’ role in building economic growth

Introduction Overview of the task There is a compelling need to highlight the importance of services economy which policy makers and entrepreneurs alike can benefit from, by making use of the economic and business potential in developing the services sector. This is more so in the wake of blurring of boundaries between goods and services. […]

Success of Canadian Economy

The Canadian Government and the Bank of Canada success in running the Canadian economy over the last two years Canada stands at a critical point in history given that economic supremacy is shifting from the West to East and trade and investment patterns are transforming. What’s more, this is happening at a point when key […]

Business academic skill

Introduction Overview Service industries play a significant role to the global economy. This is because of service markets across the globe. Service industries such as financial, technology, banking, and insurance create growth opportunities for the strategic acquirers. Report purpose and structure The rapid development of service industries has led to economic growth in many nations […]

Inequality of Development of Saudi Arabia

Introduction Development involves integration of modern advances in technology, democracy, social organizations, values, as well as, ethics into a single humanitarian project of making the world a better place to live. In the strongest sense, development involves using the resources of a country to improve the living standards of the poorest citizens. In the weakest […]

2022 World Cup

Introduction Any major sporting event whether it comes in the form of the Olympics, the World Cup or a variety of other events has the advantage of creating substantial economic activity within the country it is hosted in. This is due to the sheer amount of visitors such events draw as well as the greater […]

The Financial and European Economic Crisis 2008 – 2012

Introduction Global financial crisis which too place in 2008-2012 was the worst financial crisis of the time which can be compared to the great depression of 1930’s only (Dick 2009). This global crisis is also known as the great recession or the late 2000s financial crisis due to the timing of its occurrence and its […]

Country report: Brazil vs. China

Political and legal systems Brazil operates a political system which is headed by an elected president who is the head of the chief executive branch of the government and the state (Brasil.gov.br, 2010). The Brazilian federal government is divided in 3 major powers which are coordinated harmoniously and independently. They are the executive, the legislature, […]

China’s Critical Economic Problems

Topic and Statistical Method The rise of China has been the centre of major economic, social, and political controversies around the world. Whereas China has been performing extemporary well over several decades to become the world factory, the economy may become a major problem to the entire world in case it tumbled down (Altbach & […]

The Foreign Labour Threats on the UAE

Introduction Oil price remained high in the second part of the twentieth century. The start of the new millennium was also characterised by high prices for this natural resource that has been one of the primary products of the UAE economy. This has led to the unprecedented economic growth of the country. Thus, the country’s […]

UAE Local Labor Force

United Arab Emirates (UAE) is a Gulf nation that has natural resources such as oil and gas in abundance. If we talk about the financial performance of UAE, its GDP is the highest among all the Asian nations. The credit goes to the finding of the natural resources way back in 1960. Unfortunately, this discovery […]

The Economic Recession of 2007-2009

Abstract The 2007-2009 economic recession was mainly caused by collapse of the housing sector. It was characterized by high rates of unemployment, low interest rates, decline of the stock market, loss of payroll jobs, and decline of GDP growth. Unemployment rate rose to 10 percent, the highest since 1983. The Federal Funds rate was reduced […]

Economic Growth for the UAE

The United Arab Emirates (UAE) Vision 2021 spells out economic and social prosperity intentions of the country. The vision is presented in key themes that capture the interests of the country’s population. The themes are as follows, ‘united in ambition and responsibility,’ ‘united in destiny’, and ‘united in knowledge.’ The Vision outlines the strategic priorities […]

‘Political and Economic Scenarios for the GCC’ by Catham House

The article ‘Political and Economic Scenarios for the GCC’ presents a brief synopsis of negotiations that were conducted at an intensive course convened at Chatham House in the last month of the spring in 2012. Part of Chatham House’s plan towards outlook tendencies in the GCC, the occasion assembled together a cluster of political objectors […]

Owned Enterprise under China as a Centrally Planned Economy

China is a global contender for superpower status. The position China occupies in the second decade of the twenty first century is remarkable. Less than a century ago, China was emerging from a feudal past. The country lacked economic and political stability. In its history, the transition of one dynasty to another was Darwinian. Whenever […]

Economies of Asia: Consumption, Supply and Demand

East Asian economies have experienced paramount growth over the last decades with the rise of globalization. The liberalization of economies in Asia had paved the way for tourism to flourish which fueled the growth of Asian economies. Three specific industry sectors worth mentioning in this paper showcase the changes brought about by globalization to East […]

Open Economies: Stable Exchange Rate and Capital Flows

In the earlier decades, the world’s economy was mainly involved in foreign trade but was nonetheless insulated from external pressures. On the other hand, the modern day economies are highly open with goods and capital markets open to the many forces of international competition (Obstfeld 2001). With open economies, governments have to maintain a stable […]

Success and Money

The development of the information technologies and the ongoing progress led to the reconsideration of the values and beliefs. It is significant to understand that there is no right or wrong answer for the question regarding the connection between money and success as every person has unique experience and background. Success can be determined as […]

Economics and Education

Economy of the United States of America has become relatively unstable due to frequent changes in global economic trends. The weakened national economy can particularly be attributed to the current shortage of energy resources. It is assumed that the U.S economy has been affected by the recent oil crisis which has not yet gotten over, […]

The British Library – economics, academic, cultural impact on the British people

Introduction In 2011, the BL unveiled Vision 2020, which underlines its ambitious plans for the near future. Yet, these plans are in jeopardy because of a reduction in government funding for library services (Potts and Roper, 1995). While such reductions are in line with the government of the UK’s budget austerity, extending it to library […]

Continuity/Discontinuity of History of Economics

Introduction Alfred Marshall (“Principles of Economics” 21) gave his interpretation to the classical economists as ideally early and crude supply and demand theorists, with the demand side in its earlier stages of development. It is from this interpretation that the continuity debate emerged. As Marshall indicates, the classical economics approach to the theory of value […]

The Australian Retail Grocery Market

Introduction The Australian retail grocery market is composed of the most purchased commodities. This is similar to grocery business in other nations around the globe like the United States and United Kingdom. In Australia, the grocery market has a high number of customers who either purchase these products from chain stores or supermarkets. However, the […]

Euro Zone Economic Crisis and its Impact

Introduction The EU was formed in 1957 and efforts to coordinate the currency into single formidable currency took place later in 1992 through the Maastricht Treaty that was later launched in 1999. This led to the introduction of rules that were to be followed the EU members so as to be allowed to use the […]

The US Auto Economy

Introduction The invention of Auto industry in US started in the twentieth century. Three big companies controlled the market activities that involved selling and buying of cars and other related services. Henry Ford produced his first model Ford T, which marked a revolutionary journey of the industry (York, 2010). Later on, other two companies Chrysler […]

The Impacts of Government Intervention into the Market

In 2009 the administration of Barack Obama imposed higher tariffs on the imports of tires from China. To a large extent, this decision can be viewed as the policy of protectionist since it aims to shield domestic manufacturers from foreign competition. This paper will discuss the effects of such government intervention into the market; in […]

Economic considerations for outsourcing to China from U.S.

Outsourcing refers to the action of a company to contract out its operations. Companies usually embark on this activity for various reasons. The foremost reason is to reduce the cost (Eltschinger, 2007). Therefore, before venturing in any business operation, it is crucial to examine the threats as well the profits allied with it. Therefore, this […]

Cash for Clunkers Program

Introduction The cash for clunkers regulation is a program which was designed to allow car owners to trade their used cars with poor fuel consumption rate for more fuel efficient ones. This trade is to be accompanied by a benefit of $4500 from the national government. However, the consumers can only get one rebate with […]

Analysis of the growth in India based on Augmented Solow model

Introduction The genesis of Solow model emanated from various responses over the Harrod-Domar model. The major concern of Harrod-Domar model was on the possibility of availability, constancy, and alteration to a stable state. Steady state escalation results from exogenous technological change. In addition, this model is significant in understanding future economic growth or differences exhibited […]

Market Structure during Post-Mao China: Capitalism or Socialism?

The words Capitalism and Socialism are distinct in usage and have been used in the Maoist regime and the Reform Era, which is commonly known as the post-Mao regime. This happened after the death of Mao in September 1976. Deng, the chief architect of change who explicitly rejected Mao’s “politics in command” which brought about […]

The Potential Causes of the Financial Crises in South East Asia

The collapse of the financial systems of Thailand, Philippines, Indonesia, and Malaysia has its roots in the fundamental and structural foundation of the international capitalist system which unavoidably will contribute to its crushing, under its own weight (Rahman, 1997). “The financial crisis was transformed into a full-blown recession or depression, with forecasts of GNP growth […]

Financial Risk Management. Based on the 2008 global financial crisis.

Introduction Global financial crisis is a term that has been widely applied in various circumstances where most financial assets or institutions are suddenly posed to mislay a considerable portion of their worth. In fact, in the nineteenth century and twentieth century, most global economic crises that transpired were essentially connected to the panic of various […]

Reasons and obstacles for women to penetrate retail industry in Saudi labour market

Women in Saudi Arabia have not been participating in the retail industry at the same rate as men (Weston, 2008). The reasons behind the occurrence can be attributed to cultural, political, social, and economical parameters operating in the Saudi Arabian jurisdiction (Leavy, 2007). The low participation means that women fail to get a chance to […]

Energy Crisis in Pakistan

Energy is an essential component of the growth and development of the economy. It is due to this fact that all governments in the world strive to ensure that the energy availability within their nations meets their needs and requirements (UKERC, 2012). This is due to the fact that each and every industry within the […]

Ford Motor Company’s Labor Economics

Union wage effects Union wage premium is currently one of the most analyzed issues in labor economics. It is a ratio which compares the earnings of a nonunion worker member to a union worker. Union wage effect can be analyzed as the percentage by use of the wage gain of typical workers when they join […]

The Economist

Introduction The Economist is a weekly publication that has been in production since 1843. Though its editors refer to it as a newspaper, it is produced in a magazine format and type of paper. It is based in London and is owned by The Economist Group, which is owned by the Financial Times, a subsidiary […]

Economic Impact of the London 2011 Olympics Games

Introduction Over the past 112 year, the Olympic Games is held after every four years. This event offers the host city opportunities to become the center of global interest. Several reasons prompt cities to stage the prestigious Games. They cover several sporting activities, and billions of people attend the event. Further, the games provide a […]

Whether or not the recent growth of the economy started well before the economic reforms of the 1990s

Introduction India’s financial system, the major economy in the earth in terms of buying power, is going to touch novel heights in upcoming years. By 2035, India is forecasted to be the third major financial system of the earth just after US and China. It is prospected to grow to 60% of the range of […]

The Overall Attractiveness Of Countries As Potential Markets And/Or Investment Sites

The spread of globalization has led to the fact that many business operators shifted their focus from the local market to international community. Business operators are considering either exporting their goods directly to their target markets or investing in the countries themselves. However, there are several considerations that business operators should look into before venturing […]

Economic environment: Privatisation

This is the process of selling public assets to private business owners under the set rules and regulations. Privatisation of state enterprises has drawbacks and merits to the business workers, entrepreneurs, the state and the consumers in the market. During the process of privatisation, there are regulations that govern the act. Advantages of privatising state […]

The Chinese Economy and the MNCs

It is factual that China is one of the world’s emerging economies. It is categorized as one of the Asian tigers. This implies that its influence in the international system is felt even by developed states. Chinese economy is growing at a fastest rate, which has made other players in the international financial system to […]

Canadian Economic Dynamics

Cultural Characteristics Canada is a multicultural and bilingual society. Over the last three decades, there has been incredible transformation in the Canadian social way of living. These changes were brought by the baby boom generation. This generation was born between the period of 1946 and 1962. This generation is described by their unique pragmatic values, […]

Greece Economic Crisis Effect on the Rest of the World

Introduction The economic crisis in Greece has not only affected the country but the whole European Union region and the world. Greece is one of the smallest countries in the European, but this has not made its effect on the European Union any less. The cause of the economic crisis is due to the continuous […]

European Union and Greece Crisis

Rationale for creation of European Union The European Union was established in 1957 shortly after the Second World War. It was formed with an objective of bringing together the European countries since the European leaders did not want to suffer a war such as the World War II ever again. The past decade has been […]

Comparing the economies of Australia and Canada

Introduction The Canadian and the Australian economies are similar and different in equal measures. Both economies are small with similar economic structures and statistical systems. Population wise, both countries fall within similar ranges, Australia’s population is 20 million while Canada’s population is approximately 30 million. Consequently, the GDP of both countries fall within similar ranges, […]

Capital markets in India

First, the country has not strengthened its capital markets fully. Currently, the National Stock Exchange (NSE) has not reached out to retail businesses and institutional investors properly. Furthermore, the stock market is dependent on metro cities; only about ten cities account for eighty percent of the trading at the NSE. This leaves many rural and […]

Analysis of China

Introduction China is located in East Asia and it has the largest population in the world. It is one of the largest countries in the world. The population of China is estimated to be 1.3 billion people. The Communist Party of China (CPC) is the sole party that governs China. China is therefore a single-party […]

Export and Import Substitution Policies

Introduction Latin America has moved from export-led growth to import substitution policies and then back to export-led growth, which is regarded to have enabled many countries to sustain economic growth and development. There has been widespread adoption of development policies in the Latin America, in an effort to precipitate economic development. Export-led growth and import […]

The global financial crisis of 2008

The global financial crisis started in the year 2008, and it is set to continue unleashing devastating effects on the global economy. The magnitude and the level of disruption of the global economies have led to speculation of various causes that has contributed to its occurrence. The major factor that explains the occurrence of this […]

Tiger Economies: China and India

Abstract This paper entails an analysis of two ‘Tiger Economies’; China and India. A brief explanation of why the two economies are regarded as ‘Tiger Economies’ in addition to their history is given in the introduction. The researcher compares the two Asian economies by considering a number of elements. Firstly, an analysis of the two […]

Rise of Long-Term Prices of Commodities

The global economy directly depends on prices of the commodities. Businesses can both be ruined and become very successful because of the rise and recession of the commodity prices. That is why the question of changing prices is very important in business and economics. Prices of commodities can be classified as both long-term and short […]

How the SME’s create jobs in Saudi Arabia

Introduction Unemployment is one of the main problems facing many economies in many parts of the world. Unemployment has affected many countries in the Middle East region. Saudi Arabia is one of the places where the level of unemployment has reached devastating levels. This is as a result of over reliance on oil as the […]

BRICs and mega trends in world culture

Introduction The world is increasingly changing into a state of multi polarity due to the emergence of new economic powers particularly the BRIC. BRIC is a symbol that is used in reference to Brazil, Russia, India and China which are considered to be newly emerging economies or emerging markets and are at the level of […]

Combating Commodity Price Volatility in Canada

Executive Summary This paper analyzes the problem of commodity price volatility in Canada. It also discuses various policy proposals that can be adopted by the government of Canada to reduce price volatility. Commodity price volatility refers to the variations in the prices of various commodities over a given period of time. Such variations are least […]

Current Credit Crisis in the United States: Understanding the Trigger Factors

Nearly four years after the collapse of the Lehman Brothers and the subsequent financial downturn that followed, and which most financial commentators blamed on the housing bumble and subprime lending (Mills, 2009), the economic environment of the United States continue to struggle as markets continue to be embraced by fears of new setbacks, defaults and […]

Carolina Panthers Financial Crisis

Despite wining only two games last season, Carolina Panthers illustrated an increase in revenue, a stark difference from the rest of the leagues. While it was expected that the team could lose its operating income because of the losses it went through last season, the team emerged as one of the teams that profited greatly […]