Essays on Blodget

Introduction

Resource curse has been one of the most debated economic issues for the past four to five decades. Indeed, it refers to a theoretical approach that connects certain indicators of a country’s economic growth to its reliance on natural resources such as oil, gas, and minerals. According to a general belief (termed as ‘resource curse’), the countries that are rich in natural and non-renewable resource are characterized by lower levels of democracy, economic growth, and development as compared to the countries with less or no reliance on these resources (Sachs, and Wartner, 2001). On the basis of the ...

Abstract

Andy’s Parties emerged as a successful startup for eight years from an unexpected uncovering of a robust and growing market for children’s birthday party. The business operates in a large market of working women with no time to arrange and manage their children’s birthday parties and who are willing and capable of paying the price for party services. While working mothers are getting more aware of their motherhood and marital obligations, their careers remained essential to their selfhood, making forcing them to choose both and balance the demands from either. The full service offer that Andy’ ...

GLENCORE IPO

Objectives of the IPO

Increasing its market dominance in the mining sector was the main reason behind the IPO of the company. The price of 545 pence was strategically set to ensure that enough funds would be secured in order to achieve this fete. Therefore, the company managers believed that the IPO would adequately position the company for Growth. Another objective in this case also included the fact that the company’s partners would have the ability of selling their equity without any need of selling its assets to deplete the working capital. The Company also wanted to increase ...