Financial Crisis Research Papers Samples For Students

Macroeconomics 2301

18.04.2014

HCC

Spring 2014
8 week course
The world’s economy has faced several periods of crisis during the last twenty years. The financial crisis in 2008 is the one that is most recent. It emerged in the United States and then spread to Europe, later affecting the rest of the world. The most problematic sector in the US was the mortgage sector, and was one of the main causes leading to the financial crisis. The house prices have been rising from 1998 to 2006, prompting home builders to construct more new houses every year, but these injections ...

Introduction

Banking, financial, and even insurance-issuing institutions were badly hit by the global financial crisis that happened in 2007 to 2008. It created a serious domino effect that eventually took its toll on the U.S. Federal Government. The struggling dollar and U.S. economy—the world’s largest economy in terms of GDP, led to a serious wave of financial and stock market corrections that were felt globally, especially in countries whose economy is largely dependent on U.S. commodity and financial supply and consumption. The ultimate effect of the global financial crisis of 2009 was an increased uncertainty and negativity in the financial ...

Letter of Transmittal

Designation, Department Name
Dear Professor Name,
I hereby submit a report requested on ‘’Major Reasons for Financial Crisis of 2008’’. In order to provide an authentic and resourceful report, I have referred to some of the best academic and research resources.

Regards,

Introduction:
It has been 6 years now since the news of bankruptcy of Lehman Brothers shook the global financial world. The intensification of the global financial crisis following bankruptcy and dis-solvency of leading investment banks, corporations, commercial banks, etc. had made the economic and financial environment very tough for the world economy. By early 2009, whole ...

Demand-side Policies’

Executive Summary
Initially a brief background of the devastating financial downfall of 2008 will be provided. This paper will then investigate the demand side polices before and after the recession. In the end some policy recommendations will be provided in order to improve the current financial situation and eradicate the economic cavities still left after the economic depression of 2008.

Introduction

The worldwide depression of 2008–09 was unexpected, stern, and gradual. During the time former to September 2008, the housing and financial segments in the United States and numerous European nations faced gradual negative consequences. Throughout this phase, there ...

The global crisis stroke most of the nations and the super powers. It started to show its effects in 2007 and 2008. The world stock market had drastically fallen with few profits. Nations such as United States had to come up with packages to rescue the situation. They had to assist the most disadvantaged nations by giving those finances that would sustain their nations (Shah, 2013). There was also loss of confidence by US investors after the global financial crisis. As a result, the US Federal Bank injected a large amount of cash in most of the financial sectors. There are ...

The Recession of 2008

Introduction
The recession that began in 20007 is apparently the most profound downturn that affected United States during the post-war era. Possibly, the part that was impacted the most consequent to this as recorded in history is apparently the labour market. This recession negatively affected the United States labour market a fact that was well evident from the sharp curtails in consumer spending. In a more in-depth and insightful way, this paper will explore and elaborate the impacts of the great recession that persisted from December 2007 to June 2009. In essence, this paper will discuss the unemployment, underemployment, and ...

Financial Crisis in U.S.

Summary of the Financial Crisis in U.S

The financial crisis in the United States was one of the historical financial meltdown in the world history. We all know how the ups and down frequently occur in this area, but a downfall like this affected the whole country. It all started in 2007, August. A few events in the past were a trigger to such an event. A noticeable event in 2001 occurred when the U.S faced a brief period of recession in the country, although the effects of it were covered up without much deep loss but a fear of such an uncertainty gained a place in ...

Financial Crisis in U.S.

Summary of the Financial Crisis in U.S

The financial crisis in the United States was one of the historical financial meltdown in the world’s history. We all know how the ups and down frequently occur in this area, but a downfall like this affected the whole country. It all started in 2007, August. A few events in the past were a trigger to such an event. A noticeable event in 2001 occurred when the U.S faced a brief period of recession in the country, although the effects of it were covered up without much deep loss but a fear of such an uncertainty gained a place ...

Introduction

The series of recessions that have occurred in the past decades have raised several questions about the effectiveness of the various existing measures of recession, some of which use a comprehensive set of indicators. A number of analysts have stressed that financial market indicators provide a more effective predictions about recession. In this respect the predictive capacity of the bond yield curve have received much attention in recent times. The current discussion sheds some light on the predictive capacity of the yield curve and the associated term spread. Current scenario is studied in terms of the yield curve obtained from present ...

Research paper

Introduction
The economy is a complicated apparatus that subordinates all of the major aspects of our present life, and as every system, might be experiencing different states, its ups and downs. This research paper will uncover such unpleasant states of the economy as recession, and depression. In such conditions the economy will slow abruptly, with trade and financial flows shrinking, while the overall output and employment losses will mount. When the recession or a depression hits the credit markets remain frozen for some time, which postpones the improvement of the financial health.

Economic cycles

Prior to the explanation of these two economic ...

During the elections of 2008, it was President Obama’s message of hope and change that mostly contributed to him being elected as the American forty fourth president and the first African-American to occupy the oval office. His agenda did not only contain promises, but it also contained specific policy proposals. One of the main issues the president talked about was the financial crisis that gripped the nation and whose effects are still felt to date. This global crisis began in 2007 and supposedly ended in 2009. Considered as the worst crisis involving the American economy since 1930 when ...

Methodology

Introduction
Times have been difficult also for GLASSOLUTIONS INSTALLATION, UK, which confronted with the economic recession. The company is a national glazing contractor, operating also as a glass repairer for the insurance and commercial sectors (GLASSOLUTIONS INSTALLATION official website). GLASSOLUTIONS INSTALLATION, part of the Saint – Gobain Group, an international group, activating globally in the construction sector, has been chosen as the case study for the current research, precisely because it is part of an international group which has been affected by the recession. The interest in choosing GLASSOLUTIONS INSTALLATION stays also in the fact that the group that it belongs ...

Research paper

Introduction
A general slowdown in economic activities of a given nation has various repercussions. This slowdown is what is generally referred to as recession. During this period, the macroeconomic indicators like employment, Gross Domestic Product, capacity utilization, business profits, inflation, and investment spending fall whereas unemployment rate and bankruptcies rise. From the past, this has negatively affected the living conditions of common citizens in all the nations that this business cycle contraction has occurred.
The role of the government of a nation is thus to intervene in the occurrence of a recession. For that reason, this research paper focuses on ...

Arguably, financial institutions are very important in the economy of every nation. In most cases, financial institutions are heavily regulated for many reasons. The financial institution has the mandate delegated by the government to regulate the money supply in the economy. The regulation of financial institution is critical so as to maintain integrity in the entire financial system. Financial institutions are heavily regulated to sustain the financial stability of a country (Brezina, 2012). If money supply is not maintained it may lead to economic and financial crisis in a country. Some of the possible impacts include inflation, increase in debt, and ...

Facilitator:

The middle class group in American traverse along diverse earnings with some of them earning lowly as others earn highly. However, the common point among the middle class people revels in the level of education they claim and the prowess in different fields (David et al., 2010). Studies identify the middle class as people in possession of the greater part of the American economy, with arguably good educational levels and middle level incomes. Further inference shows that the middle class people possess a better part of the American trade market due to their advanced purchases and sales characters (Pressman, 2010). ...

Since time immemorial, the existence of financial crises has had profound effects on the overall economy. In particular, consumption of individuals has been the most affected during times of such crises. My paper discusses the consumption habits of developed societies during the period when they experience a financial crisis. The way that developed countries handle a crisis varies. While some nations may favor austerity measures, others may opt for more investments by the national government. It is of interest to me to analyze what takes place at the household level. The need for research on the lowest level of household consumption ...

Introduction

When the unemployment level hit a shocking 10% in October 2009, the world thought the scary depression of the 1930s was back. During this time, the economic recession which had begun two years earlier had dragged down economic growth and the gross domestic product a great deal. The stock market was performing poorly, but had really collapsed as it had during the great depression (Canterbery 45). For an individual that was a child during the great depression, the great recession is a minor economic downfall and does not even qualify to be modified by the term Great. Yet, to the person that did ...

Education has always been seen as the step towards the dream jobs and the career opportunities people aspire. With the relevant education, a person is better suited to become the greatest professional he aspires to be. However the recent recession has been established to limp deeply on the education sector just like it has hit the financial departments. This time the most affected are the students who find it hard to continue with the lives they had before the current economic turmoil. Kinder (16) also noted that “during economic downturn a number of things usually take place as we have experienced ...

The origins and management of the economic crisis was based on political more than economic reasons

Perhaps the economic crisis is one of the worst events to affect the world after the Great Depression of the 1930s. The crisis had tough effects that it affected the world’s strongest economies such as the United States and majority of European Governments. The financial largesse awarded to affected economies was aimed at enabling governments to re-finance debts. Without the packages and bailouts, many a government would have collapsed from the depth and effects of the crises. A great deal of scholars have attempted to analyze and explain the ideological crisis using all sorts of ideological perspectives. Majority of ...

I live in Richmond, BC, Canada, where the housing market over the last 10 years has gone from $300,000 to $1.2 million per house. The problem with that is that wages have not increased over that time to accommodate increased living expenses to deal with this issue. As a result, we end up spending more and more in order to maintain the same quality of life that we had before. This phenomenon has spread throughout Canada, as more and more individuals are sinking into deep debt, with little to no way out. I choose to dispute the warning labels ...

The recent recession was blamed for various impacts on the American society. It had a tremendous impact on policies and budget cuts. Therefore, it is not surprising to connect the recession to one of the most influential processes in the American society building, meaning the process of migration. The main task of this paper is to find how the recession affected immigration process in the United States. The answer would be that recession had not decreased the immigration flow as much as it was expected and it resulted in more negative consequences rather than positive ones.

Key words: illegal immigration, recession, tolerance, public policy, Mexican border.

The Recession and Public ...

Throughout history, financial crises and economic recessions have taken place in different parts of the world. After the collapse of the Soviet Union, the United States of America emerged as a force to reckon with in the global market. The emergence of the United States of America as a financial power house is attributed to the liberalization of the markets and the focus on the development of the IT and communication sector. Given the pivotal role of financial epicenters in global financial markets, a crisis in any of the financial epicenters can have devastating effects. In 2008-2009, there was a financial crisis that ...

The global financial crisis adverse effects started in mid-2007 with the credit crunch that deepened in the year 2008. These effects initiated the most severe economic crunch since the Great Depression. It affected the economies of various countries and there geographical reach (Berkman, Gelos, Renhack and Walsh, 2009). Most developed and developing countries most of which that have developing markets encountered high levels of financial strain and slow economic actions. The aim of this research paper is to identify in detail the several ways in which the global financial crisis refigured international relations. The paper explains the role played ...

The global economic crisis of 2007-2012 is described as the most serious economic, global crisis since the great depression. The signs of a global crisis started showing in mid 2007 and into 2008. According to Elliot (2011), the global financial crisis took place in five stages with the first phase of the global crisis began in around July/August 2007 with the apprehension in the banking system. The BNP Paribas announced it was bringing to an end its activities in three hedge funds that were particular to the US mortgage debt. This led to distrust among banks, they stopped doing business ...

Introduction

Organized crime can be defined as crime perpetrated by any grouping that could be international, nationwide or local that is highly centralized with a central point of control that exist for the purpose of committing illegal activities. Most organized crime gangs exist for the sole purpose of financial gains by engaging in illegal activities such as racketeering. Other gangs such as terrorist groups may be politically motivated. A familiar association that exists among organized crime groups is the manner in which they carry out their activities. Some criminal groups are extremely organized and are said to influence the highest and ...

Root Cause of the 2008-2009 Economic Crisis

As of today, the 2008-2009 Global Economic Crisis has left its mark in the international community as many countries have slowly succumbed into depression and recession. Many experts have argued as to how exactly did the crisis spread out from the United States, into the international economy. Some have noted that it was due to the foreclosure of many US companies due to bankruptcy, while others saw it was due to the wars happening in the Middle East. There were also arguments as to the resolution of the problem, and how countries could recover from the losses accumulated from ...

Arguably, secondhand clothing makes up a global market of consumption and commerce. In Australia, the history of secondhand clothing has complex links associated to tailoring, garment production, as well as couture. In Australia, secondhand clothing markets are still part of an important source of clothing. A secondhand clothing market in Sydney has expanded tremendously in its domestic scope and economic power, especially in the last two decades. The global financial crisis affects the trends and markets of secondhand clothing in Sydney. As a matter of fact, secondhand clothing booms while retailers fall out during global financial crisis.
Undeniably, the secondhand ...

Introduction

The term scientific research refers to the organized method used in investigating, experimenting and evaluating a specific situation or aspect and using the insights from such a process to come to a conclusion. Scientific research is based on theories, facts; observation and predictability of results to map a way forward . Science has been used in the past to make judgments and evaluations in other fields other than business. However, scientific methods are now used in performing business research and using such results in making decisions. This paper reviews the scientific research methods used in a research paper by Stefaniak, Baaki, & Blake (2012) entitled ...

Introduction

Over the recent years, United States economy has indicated a gradual decline resulting to cases of job cuts; which is presently one of the major economic issues in the United States. Increased job cuts by corporations’ poses a major challenge of increased unemployment rates in the United States. The United States seems to be facing a major economic disaster from all major sectors that contribute to its economic development. There is no sustainable economic improvement in major sectors like housing, health services and small-scale businesses.

Major businesses and financial corporations are evaluating strategies to cut down operational and overhead costs in order ...

The economic crisis of 2008

The economic crisis of 2008 was preceded by an economic boom in commodity goods and real estate markets. The price of oil has risen to some of its highest price ever and there was a real estate bubble in many countries in the few years preceding 2008 and during the early part of 2008. These, together with a rise in inflation have been cited as the economic imbalances that preceded the 2008 economic crisis.
The real cause of the 2008 economic crisis has been difficult to pin point. The high amount of debt in the United States economy is claimed ...

Response to the great recession of 2007-2008

Introduction
The 2007 financial crisis had various causes, with the primary ones being the failure of key corporations in the state, asset value depreciation, lack of adequate government intervention to control the financial market and finally reduced economic activities. However, to manage the situation, both regulatory and market strategies were sought by different stakeholders, with the aim to achieve economic recovery in the U.S. Global housing bubble reached its peak in 2006, leading to significant fall in the valuable asset price by a margin of 40%. The different securities attached to the housing market were exposed to more risks, ...

Abstract

This study used Al Ahli Bank of Kuwait to complete research on the effects of the global economic crisis on the financial performance of conventional banks in Kuwait over the period from 2000-2015. The study results show that the global economic crisis does not have a statistically significant impact on the financial performance of conventional banks in Kuwait. However, the study finds out that some macroeconomic conditions such as equity and bank size are very crucial to traditional banks’ profitability. Increasing the owner's equity was found to decrease the impact of the financial crisis on the conventional banks in ...

Financial recess is never a novel term. Depressions have always hit the financial system of the world, and the latest recess America is most likely not the final one. Nonetheless, many issues worked together to make the recent U.S crisis the worst financial recession since the global downturn. These factors include failures of market, weaknesses in the execution of policy, as well as macroeconomic problems. The primary concept, which had controlled economic thinking for many years, was that markets functioned. The appropriate prices often get a buyer as well as a seller. Besides, millions of sellers, as well as ...

Chapter 2: Literature Review

Introduction
The chapter consists of all the relevant information that can be collected from past studies and are combined to present a clear view. It is the initial for determining the factors that can be used to synthesize the overall study through findings and discussion. The positivist approach is used to collect and summarize the information from the previous studies and determine the model that can be used to conduct a viable study. The positivist approach emphasizes all the relevant information regarding the topic that is to compare Islamic and Traditional banks using data envelopment analysis. The theoretical framework ...

Comparison and Contrast of Franklin D. Roosevelt’s responses to the Great Depression and Barack Obama’s responses to the Great Depression

Efforts undertaken by the US government to save itself from the effects of the Great Recession have been compared to similar policy measures undertaken during the Great Depression. Undeniably, Obama’s inauguration in early 2009 is comparable to Franklin D. Roosevelt’s infamous one hundred days in presidency. While the later offered a package of New Deal policies aimed at digging the US economy out of the Great Depression, the former’s economic policies were aimed at saving ...

Abstract

This research paper was had one objective: to investigate the circumstances that saw the Kuwait Gulf Bank survive a financial crisis. Kuwait Gulf Bank is one of the largest financial institutions in Kuwait and, therefore, one of Kuwait’s major lenders. Before the financial crisis, the Bank had been very successful in its operations. It first became operational in 1961 after having been established in Fahad al-Sahem Street the previous year. Its headquarters were, however, later moved to Abdulla al-Sahem Street three years later. In the years following that, it has continued to grow and has been able to finance ...

Introduction

Arguably, the Asian Financial Crisis of 1997 was one among the worst financial crises in the history of the world. Only comparable to the Great Depression in the United States and the Lost Decade of Japan, the Asian crisis was one that saw many countries from the region, SouthKorea being the most noteworthy, crumbling down in the economical sense. The crisis saw big companies in South Korea resort to such measures and alternatives like conglomeration through significant business mergers. The organizations that were affected include the biggest and most renowned companies, most of which were either taken over or ...

The two thousand and eight financial crises resulted in significant economic turndowns. Before it began in two thousand and seven, prices of housing rose, new investment options emerged, and risk diversification increased. Following the crisis, house prices fell by huge percentages. It exposed economic weaknesses of the United States. Additionally, it led to an increase in the unemployment rate by ten percent (Mishkin, 2011). Approximately, nineteen trillion dollars of household wealth were lost. Lehman Brothers collapsed in two thousand and eight affecting the global financial system. Taxpayers had to bail out various banks to stabilize the system. This paper ...

Abstract

The labor market in the United States has changed significantly over the years because of the changes in the global market and the impact on the work force in the country. The changes have led to diversity in the way people live and work. For many people, the loss of jobs causes structural changes in the ways that people live as these people are no longer able to finance their way of life. Mortgages also have been affected by the changes in the labor market and people have now become more aggressive in securing their homes. In addition, the ...

Introduction

Economic performance is an important aspect that every country needs to consider if it intends to monitor its progress development-wise. Conducting this performance reviews involves reviewing the Gross domestic product values that a country registers every year and formulates a trend upon which certain conclusions can be drawn. The information obtained from this process is very reliable which means that decisions can be made based on this. Therefore, the essence of this paper is to apply various macroeconomic concepts to the economy of Singapore. From the information, it is possible to extract significant information such as unemployment rate in ...

Introduction

A discussion among the classical economists and the Keynesian economists continues on the government intervention in the free markets. According to the classical economists, the free market mechanism can develop solutions for the crisis in the market if there is no external influence on the markets. The Keynesian economy merely expresses that the free market economy carries the risk of generating crises and undesired deficit or surplus in the economy when the demand cannot clear the supply (Posner 234-252). The discussion on the government intervention is changing direction each time the world economy suffers from a global crisis becomes ...

Introduction

The shared history between America and Mexico can be dated back during the Texas Revolution of 1835-1836, and the Mexican-American War of 1846-1848. As a result, several treaties had been signed in culminating differences between the two nations. For example, the North American Free Trade Agreement (NAFTA) and the Gadsden Purchase comprise some of the agreements made between the two nations. In the 19th century, America claimed Louisiana as part of its territory and was rightfully acquired during the Louisiana Purchase in 1803. These confrontations resulted into conflict as Spain opposed to the America's claim, stipulating that the western boundaries ...

There are many facets of Europe that many foreigners find endearing and appealing: the rich culture, history, tradition, food and unchartered or undiscovered opportunities. While most find Europe the best place to travel and explore, many foreigners find the region to be filled with countless job opportunities that can help them financially and begin a new life. Although host countries, such as the members of the European Union, are open to migrants due to their contributions in their society; the high influx of migrants both illegal and legal is slightly alarming especially in the current financial crisis in the region. ...

Introduction

In late 2007, the Dow Jones Industrial Average (DJIA) closed at a record low. Stock markets around the world nose-dived alongside the DJIA. Turbulence in the sub-prime segment of the US housing market, paralysis of the credit markets, excessive lay-offs in organizations, steep decline in investments etc. were all some of the indicators that the world was heading for a massive credit crunch. In the words of Mr. Strauss-Kahn, head of IMF, “Intensifying solvency concerns about a number of the largest U.S.-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown” (BBC ...

The quick trigger of the financial crisis of 2008 was the bursting of the United States housing bubble, which crested in between 2004 (Krugman 43). High default rates on "subprime" and flexible rate mortgages (ARM), started to rise rapidly from that point. An expansion in loan motivations, for example, simple starting terms and a long haul pattern of rising lodging costs had urged borrowers to expect troublesome home loans in the conviction they would have the capacity to rapidly refinance at better terms (Brink, Lowe and Victoravich 101). Once financing costs started to rise and housing costs began to ...

ABSTRACT

Federal Reserve Bank, commonly known as FED, has been established with the aim of stabilizing the overall financial system within the US economy. FED has been using different tools and methods like open market operations, moral suasion, discount rate, and the reserve requirements in order to achieve the overall economic goals. These economic goals include; reducing unemployment and inflation, and accelerating the process of economic growth. In order to overcome the today’s economic challenges, the chairman of Fed should work on controlling the monetary measures and pulling strategies which benefit the global economic growth.

INTRODUCTION

Money market is a place ...

Essay: Corporate Ethics after the Financial Crisis of 2008

Corporate Ethics refer to the acceptable moral practices in business. It includes moral principles, values and codes of conduct that determines the behavior of group of individuals in satisfying their customers’ needs. It also entails honesty, straight forwardness, trust, fairness and other core values that surround decision making business transactions or deals. Corporate or business ethics consider other business stakeholders’ interests during various business transactions. Corporate ethics and business success are therefore inseparable.
Upholding corporate ethics is one of the best ways by which companies can ensure their maximum benefits. Managements should not give higher priorities to their ...

About the paper

The year 2007-08 was a nightmare for the US economy. It was after 80 years of the Great Depression that the United States was facing a financial carnage that was eroding billions, leaving people unemployed and creating a junk in the cash vault of the economy. With back to back failure of the monetary policies of the Federal Reserve and bankruptcy filings by the biggest companies in the country, the eminent economists and members of the Federal Reserve were evaluating the reasons for the economic impotency and discussing the best possible ways to counter the situation. However, amidst all ...

Obama’s economic policies came into play in the year 2008, during his presidential election campaign. After the elections which declared him the president of the United States, Obama named Paul Volcker, The former Federal Reserve chairman, as the head to the Economic Advisory Panel. Obama’s decision came in play as a result of the tougher financial restrictions that Volcker vehemently supported. Similarly, Obama launched an economic stimulus package worth $787 billion to stimulate the economy. In actual sense the injected amount raised the economy to the positive GDP growth the period marking the third quarter in the year ...

The governments Wall Street bailout was totally justified. There is a law that was put to act in the US commonly referred to as the emergency economic stabilization act of 2008. It is also known as the bailout of the US financial system. The law was enacted as an immediate response to the subprime mortgage crisis which allowed the Secretary of the Treasury in the United States to spend 700 billion dollars in purchasing distressed assets. The cash would be supplied directly to the banks. The main aim of the assets purchase was to inject capital directly to the banks ...

Eclectic Forecasting Research Paper

1.
The year 2007 is the third year of a series of three consecutive years of broad-based growth in the world. Although developed economies and underdeveloped economies had a world average growth of 3.4 % in 2007 with a previous growth of 4.9 in 2006, the perspective for that year was to an increase in the world growth in 2008 with a value of 3.6% (QUOTE). In the year 2006, 96 of 159 economies of the world increased their gross domestic product with a value higher than 3%, and only nine countries had a negative growth in 2006. The challenge ...

Introduction

Mark to market, also called fair value accounting, has been one of the most controversial accounting methodologies in financial reporting. Mark to market refers to an accounting process in which the reporting entities report the value of assets and liabilities as per the current market value as opposed to the book price thus making the methodology highly subjective (Association of American Bankers, 2016: Serakibi, n.d.). Therefore, since the reported value is pegged on the prevailing market value, it follows that the value of the financial statement would change as the market changes. In most cases, the change in value ...

Introduction

The global financial crisis of 2007-2008 changed business and political outcomes in the United States. The desire by the United States government to ensure that its citizens get affordable housing led to a concerted government and business effort that led to the housing bubble and then bust. The new housing policy had its basis in the idea of American exceptionalism. The term "American Exceptionalism," coined by Alexis de Tocqueville in 1831, has historically referred to the perception that the United States differs qualitatively from other developed nations, because of its unique origins, national creed, political philosophy, and religious institutions. ...

2007 Housing Market Bubble
2007 Housing Market Bubble

Introduction

The 2007 housing crash was the worst bubble burst experience that has ever been encountered in the U.S. history, an occurrence that led to financial crisis. It is important to appreciate the fact that different factors led to the housing bubble of 2007, with some of the primary causes being the credit crunch that was caused by the housing bubble. Nathsanson & Zwick (2015) assert that irrational exuberance is among the aspects that led to the development of a ripe environment for the growth of housing bubble hence contributing to the financial ...

The Ford Motor Company has been a powerful automotive company since its foundation in 1903. Founded by Henry Ford, the company quickly became a leader in innovation, notably inventing the assembly line process which allowed for cheaper production of cars for Americans to enjoy. Ford Motors survived the Great Depression and every recession since then, but the International Financial Crisis of 2008 affect it differently. US automakers heavily influenced by the crisis, as GM, Chrysler, and Ford were folding under due to many reasons, namely international competition, healthcare coverage, and the tightening of the American wallet due to the ...

Introduction

Beginning the early 1990s, the number of multinational corporations has risen steadily as a result of globalization. This reason has caused organizations to realize the need for international human resource management as a determinant of success. International training and development is a tool that multinational enterprises (MNEs) are using to improve the quality of services that their employees provide. The main aim of training is to improve work skills and behaviors that an organization employee has in the current circumstances. On the other hand development is aimed at increasing working abilities with respect to a future task or job, ...

Introduction

Finances have such a tendency as to influence production, distribution, and consumption. At the same time, one ought to note that they have an objective character. The role of finances in economics is constantly enforcing and reflecting distributing relations of the increasing complexity within society.

General Information

Definition of Financial System
If we just proceed to the definition of a financial system at all, it should be therewith noted that this phenomenon stands for a complex of controllable finance-legal norms of financial affairs and financial establishments that help a state to form, to distribute, and to use both centralized and decentralized ...

THE AMERICAN ECONOMY IN 2014

Introduction 2
The Fiscal Policy 3
The Monetary Policy 4
Conclusion 4

References 5

The American Economy in 2014
Introduction
This essay will argue whether the American Economy is live enough for a complete recovery from the global financial crisis started in 2008. The GDP growth rate after 2010 has started rising again; however, we observe that the economic growth is not following a stable path. The annual the highest level of the growth rate is around 3%, and it fluctuates over time down and up – in some quarters it becomes negative. In the first quarter of 2014, ...

The 2007-2008 Great Recession was arguably the worst economic crisis after the Great Depression. On September 2008, Lehman Brothers, a major global bank, collapsed (Torres, 2010) and this was the beginning of the crisis. The largest economies in the world continued to suffer from the effects of the financial crisis. The cost of the crisis and the factors that contributed to its manifestation are therefore fundamental in influencing futuristic economic policies in the countries. There are several fundamental factors that led to the 2007-2008 financial crisis: the collapse in prices of mortgage, unstable market and income inequalities.
The 2007-2008 ...

Essay

Question 1
Many factors influence the economic growth in the developing countries. These factors include internal government policies, political stability, domestic capital formation, investment, export policy and foreign aid among others. Collectively, these factors provide the most significant platform for economies in developing countries. The major problem in developing countries is that they lack proper policy to implement these factors to promote economic growth. This has led to high rates of unemployment, income inequality, inflation and poor economic growth among others. Thus, the paper will evaluate various factors that constitute economic in developing countries.
Globalization and income ...