Essays on Economic Stability

The Illinois Department of Human Services is an agency that is keen on providing some services to the residents of Illinois with the aim of getting them out of poverty and other challenges that arise from economic instability of its beneficiaries. It aligns itself with some of the human rights that are common in most countries from around the world such as enjoying social security and co- operation and even work (Declaration of Human Rights). Some of the people the agency helps suffer from health challenges and disabilities that stand in their way in their quest to achieve economic ...

Galaxy International operates in a niche market; this is because skiing is only possible in very specific areas, and only a limited number of the population skis regularly anyway. Despite this, the company has performed outstandingly well to be achieving the level of sales with a small staff. This being said, Galaxy International needs to raise capital quickly and in an efficient way to successfully continue expanding to fully capture its full market size. By offering a unique product that is flexible yet tough, Jeremy is likely to continue to increase the volume of his sales and therefore the ...

2007 Economic Crisis Review

Abstract

This article is an academic review of the economic crisis that struck in 2007 whereby the world economy experienced deep and long prolonged recession with the crisis being considered as the worst to be experienced since the Great Depression . This article largely lies its basis on the U.S experience during that period with the effects, which resulted from the crisis in the overseas markets outlined. Also, the article brings an understanding of some of the conceptual underpinnings of the issues lying at the heart of the economic crisis. The underlying causes of the economic crisis ...

Introduction

Casino Capitalism is a vivid description of the international financial markets, their behavior, and the economic strength they yield to various entities. The book goes on to describe the advantages of international financial markets and some of the evils associated with the same. The author, Susan Strange was a former student of the British international relations studies; she is mostly renowned for her contributions to the creation of the international political economy. Apart from her major publication of the Casino Capitalism in 1986, she also published other books, namely: States and Markets (1988), The Retreat of the State (1996) ...

Introduction

This historiographical essay relies on the works of six authors to discuss the nature of guerrilla warfare and its implications on political, social and economic stabilities of the nations in Latin America. The articles address aspects of terror acts carried out by both insurgents and regimes to engage each other. The historiographical essay is also important in using historical accounts from articles to discuss the factors that contributed to success of revolutionary wars in nations such as Cuba and Nicaragua. The approach taken by the essay is chronologically reviewing by year of publication, what different authors wrote on the ...

Abstract

Do the imbalances in current accounts still matter in today’s deep global financial markets that exhibit two-way gross economic flows that dwarf the new outcomes provided by current accounts? Contrasting the adult perception of the world and complete markets, extreme current account imbalances indicate severe financial and macroeconomic stresses, particularly as was the case in the mid-2000s. The increasingly massive valuation differences in nations’ net global investment standards and positions, as well as risk allocations, cannot be relied upon to offset the variations in regional wealth systematically as implied in the current accounts. The same conditions that warrant ...

Executive Summary

In the year 2008, Boffi was considered to be among foremost companies of Italy in the production of the high-class kitchens with a combined turnover of around seventy-one million euros. Boffi Spa won the award in kitchen sector named "Compassod'Oro", which was a significant design award given by “Italian Industrial Design Association” to the companies and the products that eminent themselves for design philosophy and hard work. At the very beginning, Boffi was just a gigantic dream that emerged from a small laboratory; after seventy years of its foundation, product lines of Boffi were dispensed in more than sixty ...

Technological innovations have had various effects on the prices of oil all over the world. Many countries have been affected either positively or negatively by the advancement in technology, especially in the oil business. There has been a drop in the prices of oil due to various reasons. Many countries which produce oil, especially the Gulf States and the general Fly Emirate members have had a terrible economic situation due to the drop in prices of the oil prices, which acts to be the primary source of income for them. The advancements in technology are expected to bring an ...

Introduction

Proper implementation of policies is essential in the development of any nation, group or organization. In fact, lack thereof compromises the possibility of a unit succeeding in its endeavors. As such, it is imperative to establish proper methodologies in dealing with the enactment of policies to foster development (Peterson and Manuel 193). With this in mind, it is worth mentioning the role of the liberalists in the elaboration of the Latin Americas. Precisely, the Christian Democrats have undergone multiple challenges over the years to secure the welfare of their policies in the political system. The ideologies upheld by this ...

Introduction

Genetically modified organisms (GMOs) are arguably beneficial socioeconomically. However, there are rising concerns over the harm GMOs pose to the humans and their environment. The process of genetic modification entails altering the genetic composition of organisms to award them properties that are more desirable. According to Rifkin (17), the world is in transition toward a biotech age as illustrated by the advancement of GMOs. In the current society, the adoption of genetically engineered crops, such as soybeans, cotton, and corn, is widespread in the United States following two decades of concerns over consumer reception, and environmental and economic impact ( ...

The series of economic issue is aimed at making the availability of a broad readership of none- specialists that are produced by economic research on topical issues by the International Monetary Fund. The causes of rural poverty are complex and multidimensional (Khan). They include cultural practices, climate, public policy, gender, and markets for the products. Additionally, poverty in rural areas is diverse concerning the problems they face and the possible remedies to the above problems. Therefore, this paper will discuss the causes of rural poverty, factors that are accounting to its persistence, economic policies for poverty reduction in developing ...

(Teacher)

The Pacific Northwest enjoyed a strong timber economy for most of the 20th century. It is not surprising to note that where there were trees, people would build towns near the forests where they worked. Residents of the Willamette and Rogue Valleys of Oregon were strong, dedicated people who believed in a hard workday. Farms and retail built up around the timber communities and it seemed that as long as there were trees to cut down, there would be a booming economy. However, there were a few hiccups with that plan, and soon the loggers realized that unless ...

Introduction

The changing economic situation and global trends often impact the European economies and Germany is not exempted. Germany has asserted its authority as one of the global economic powers with reduced cases of unemployment and growing economy. In the past decade, German took major steps towards changing the labor market in what turned to be labor reforms. The radical labor market alterations have since yielded the lowest form of unemployment. Economic growth remains critical to every nation’s progress. While economic growth determines the living standards of every member of the nation, the contribution of the citizens towards nation ...

Introduction

International trade, which involves an exchange of goods and services across the geographical boundaries of a country, is one of the major determinants of the economic stability of a country. The volume of trade indicates the effect of trade on the economies of the participating countries. The economy of the United Kingdom has continuously experienced expansion despite the presence of rampant unemployment and inflation until the 2008 recession. This resulted from the failure of the government to take actions to correct economic instabilities (Washington et al. n.p). The relative value of currency between countries involved in exchange is essential ...

Dunning’s Eclectic Paradigm

Introduction Dunning's eclectic paradigm is a model developed by John H. Dunning. The aim of the model is to explain the OLI-framework. The framework by Dunning serves as a guide for empirical examination of determinants of FDI. The framework offers a ground to research on factors affecting the development of multinational companies concerning expansion after engaging in foreign production and other expansion plans in the foreign countries. According to Dunning (2001), the assumption underlying the eclectic paradigm by Dunning is that three factors determine the FDI or specifically the return to FDI. The first factor is represented by ‘O'. ...

Trade unions play a significant role in enhancing the relations between the workers and the employers. The primary goal of the trade unions is to enhance good industrial relations. Besides, trade unions are critical in championing for the improvement of both social status and economic conditions of employees. Also, trade unions help in enhancing productivity for the benefit of the employer and the workers (Brown, 2015).In Singapore for example; there is no legislation that has provisions for civil unrest. However, workers unions in Singapore play a significant role in representing issues that are of concern to workers in ...

1.0. Introduction China is regarded as one of the strongest economies around the globe. Especially, within past three decades, it has gained massive impression through its rapid economic growth. It is not very long ago when China’s GDP crossed the figure of 14% and overtook several of well reputed economies of the world (The World Bank, 2015). Basing on this tremendous performance, majority of economists and analysts did not haste to forecast it to be the world’s strongest economy by the end of 2025 an indication of which is also given in the diagram given in the ...

Immigration

3. The United States of America is a country that was built and developed by immigrants from

achievable and possible if a person worked hard. The American dream was followed by millions of immigrants from Europe, South America, Asia and Africa. However, nowadays, the United

States is way much stricter in terms of immigration. Many politicians think that immigration has

more bad points of view for the American society instead of good points of view. In my opinion, I think that immigration definitely has more positive consequences rather than negative consequences for both immigrants and the American society. Immigrants tend to receive lower wages compared to Americans because of the absence of official documents, ...

The Wonderful Wizard of Oz, Frank Baum (1900)

Overview of the book

Frank Baum’s “The Wonderful Wizard of Oz” seems to be solely intended to entertain children but it has more meaning that what the author presents to the world. The book follows the adventure of a young girl, Dorothy, who has to embark on an adventure where she encounters and interacts with other characters, some of whom have supernatural powers. Dorothy, the protagonist, lives with her uncle and aunt because her parents passed away. They live in Kansas where she brought her Toto. Toto is Dorothy’s companion, and he accompanies ...

Central America has about seven countries; among them are Costa Rica and Panama. Since their transition to democracy, the countries have realized enormous economic growth and stability; they had worked for the current economic conditions, and cannot be compared to the time before they earned their democracy. The fair political stability in these countries has contributed to their robust economies. The two countries have continued to progress economically since their transition to democracy; the political stability is reflected by the progress they have made, for instance, Costa Rica depends on tourism, electronic exports, and agriculture, which cannot thrive if ...

The Concept of Happiness in Developing Nations

Happiness is a very complex emotion that has various interpretations and causes. In an individual perspective, it is invoked by an extraordinary event or while experiencing feelings such as triumph and pleasure. Some experience it because of an intangible or tangible item given by someone important. Happiness also works with other emotions such as love and faith. However, determining a country’s happiness is a different story considering their differences in political, economic and social aspects. Some argue that developed countries are happier than others but others contradict this sentiment, stressing that developing nations are actually happier than their ...

Summary of the Article

The article generally focuses on the various blocs that are in existence throughout the global arena. He highlights several factors into perspectives concerning mainly the extent at which such persons have advanced in formulating and crafting adequate policy framework that can be used to effectively mold the global peaceful co-existence and the rapid climate change. These factors are being ironed out by the author to stipulate the fact that, the global scene is in prone to abject mayhem if lack of proper regulatory framework is put in place to control and ensure that every ...

In a report submitted to the Migration Policy Institute, researchers gave statistics reflecting “an estimated 12 million unauthorized immigrants live in the United States” (Hanson, 2009, p.1) With the numbers running so high, Hanson (2009) estimated a continued ascension of the figures in later years (p.1) As a result; policies have since been formulated in a bid to curb these statistics while at the same time reassuring Americans of political, economic and social security. This and the rising concerns of American citizens to the presence of refugees in the country have put more pressure on the need to ascertain whether ...

Introduction

Interdisciplinary perspective is an approach that entails a comprehensive analysis of more than one social or economic discipline. The involved parties exercise the virtues of impartiality by connecting the influence of one discipline to the other. In most cases, interdisciplinary approach are associated with education disciplines where two or more subjects are interlinked to assess how they impact a certain aspect of life. Interdisciplinary approach facilitates the naivety of crossing of the boundaries with an objective to resolve contention between two or more social aspects.

The speaker highlighted the theme of the discussion on system boundaries and the borders that exist ...

The sociological environment is an essential element in determining a person’s physical and mental health. Proper healthcare is a goal among many people; it is vital to address the determinants that affect health to promote a healthy living. The social environment entails both physical and sociological factors. The physical determinants include the neighborhood and built environment, natural environment, and social and economic context. The sociological factors include access to education, economic stabilityand job opportunities, public safety, and social norms. Balancing both the physical and social environment helps an individual to attain a health life.

Education

Education is a vital element in determining an individual’ ...

Chapter 1

1. Some of the factors that affect investors’ interests in foreign investment are the region of the world, the maturity of the hotel industry in that region, and the varied real estate and capital markets throughout the world. Among these, the first two are the ones most related to the host country.

2. Hotels are considered high-risk international investments because unlike the products of manufacturing companies, unsold hotel rooms cannot be stored for later use. In addition, real estate and construction costs constantly increase. Still, other risks include natural disasters, political instability, terrorist activities, fluctuations in exchange rate, and ...

Introduction

The relationship of multinational corporations in a global workplace and the government of various nations are complicated. In general, they are independent from each other but they basically affect the interest of both sides. The interdependence of the global workplace and the government has developed over the trend of globalization (Coglianese et al., 2004). The regulations and the policies of the local and national government has been important for the order and maintenance of different global work environment. The government are relying on the condition of the global work environment for their policies and international laws such as trade agreements, ...

Question 1

The federal reserve bank is a major institution in the American’s economy and society designed to offer financial stability by maintaining currency flexibility. The Fed as consistently played a significant role in the Untied States economy and monetary policy since its establishment. The Fed established in 1913, therefore, its the roles and regulations go back only to the early years of the 20th century. For instance, the Fed came into play when a harsh economic crisis started in 2008. During this period the GDP shrank, unemployment increased and millions of Americans were worried about their futures. It was the role of ...

Summary of Main Issues Discussed within the Case Study

Further, the author talks about OPT contracts and how they have been beneficial to countries located within Europe. OPT contracts refer to agreements through which firms within the Euro Zone are protected from stiff competition from other regions such as China due to the production costs differential. One of the privileges they enjoy is the freedom to export temporarily. One of the countries that have gained from OPT agreements is Romania, which is one of the poorest countries in Western Europe. This is because OPT agreements led to a significant increase in the orders made from Europe. This in turn ...

The study of Bear Stearns abrupt fall and demise reveal the importance of credibility for a financial institution in a specific sense irrespective of its robustness. A business in general could fall if credibility and illiquidity become questionable. Bear Stearns is the first ever major investment bank to fail during the global financial crisis (Li and Mizrach, 2010). The 85 years old firm has survived a number of economic turmoil and recession, yet it fell when it was least expected to fall. A number of factors become apparent when studying the Bear Stearns demise, and these include the role of management, illiquidity, ...

12.12.2014 INTRODUCTION: Culture is a vague term defined by experts engaged in different academic experiences in a unique way. The analysis of term according to sociologists differs from that of to anthropologists, but in any case the description remains analogous. The definition provided by western languages refers culture as a “civilisation” or “enlightenment of mind” .The British Catholic Christopher Dawson described culture as an adaption in accordance with the environment made to fulfil the monetary demands. Hofstede argued by defining culture in terms of features distinguishing one group from the other. (Matthias Boeing 2012, pp.3 and 4)Interpreting the descriptions for ...

Overview of the Health Problem

Food consumers require nutritional information of every item appearing on the menu board. Such information is essential in creating awareness of what the consumers take from certain food thus able to make better choices in restaurants. Senate Bill (SB) 120 addresses the problem affecting approximately thirty eight million people residing in California State (Henderson, et al 2010). As the most populous state with modern living standards, it is the duty of the lawmakers in this state to ensure they protect the health interests of residents. To ensure that restaurants adhere to the provisions of public health policy in California, ...

Security studies approaches have evolved over time in the international arena. In the globe currently, there are major driving forces that influence the advancement of global security studies. The reasons cited for this change include deep power politics, technological innovation and crucial events in the international security arena. Moreover, other reasons include institutionalization, local dynamics of intellectual deliberations. It is of immense significance to discover which forces are of massive significance that makes the decision in denoting a security incident. (Mukherjee, 2013). Core factors like realism and liberalism also feature prominently in the discourse of regionalization of security matters in ...

Introduction

If it is ask about one single field that has recognition with almost every walk of life, then the name of Economics will be reflecting on the screen. After Adam Smith and Alfred Marshall, who directed the most important definition of the term economics, there are numerous authors who found a clear relationship among the economic based functions, and its core impact over the economic consequences of an economy (Banerjee and Duflo, p.45). Earning and consuming the money in a best possible manner and with a sigh of effectiveness is the most important aspect of economics, in fact the main definition ...

In all economies, policy makers have a significant role in the regulation of activities relating to macroeconomics with a general aim of maintaining and sustaining economic stability (Blanchflower, 2008). A stable economy is, therefore, the primary goal for all economic policy makers. This is essential in enhancing the growth as well as social welfare of the economy. The US economy is currently facing a number of tribulations (Karanassou & Sala, 2010). This has further been augmented by the fact that this economy is yet to heal fully from the recently concluded global financial crisis in 2009 (Daugeliene, 2012). The crisis adversely affected all ...

There are three main causes of stockpiling gold. People, countries and institutions may stockpile gold for future profit or investments in the future, for security in terms of emergency funds and lastly to back the economy during a crisis. These three main causes of gold stockpiling are the reasons behind the intention by many people to maintain stocks of gold each of them are discussed in detail as below; First, stockpiling of gold is meant for investment. In this regard people, institutions and governments anticipate making future profits from the appreciation of the value of gold. According to Beechy ...

[Professor] Winston Churchill once said: History is written by the victors. This clearly means that most history books are filled with what those in power wish to and deem worthy of recording. A History of Wales written by John Davies is not just any other history book. True, it consists of facts and figures and dates pertaining to the history of Wales. However, the book delves into the roots of the country and all that it went through to reach where it stands today. John Davies provides a closer look into the issues that plagued Wale since the pre ...

Adversity and advantage is a story about a small country, which makes a remarkable difference by rebranding the Jewish state in living rooms of America as an innovative, ethical nation that works industriously and tirelessly to solve national and global problems. The Israel inside is a savvy and smart documentary approach to public diplomacy as it does not advocate arguing, advocacy or convincing whatsoever. Politics has not been majorly discussed in the film. Rather, the documentary creates an emotional, inspiring perception that places Israel at a better level in terms of financial and technological advancement over the last 60 years. Indeed, the ...

Syria War

The outbreak of a civil war between the Syrian government and the opposition rebel groups has really affected the socio-economic and political stability of the Middle East. A part from disrupting socio-political and economic stability of Syria as a country, it has extended to be a trying moment for the Middle East, the East and the West. First, it has led to the rise of Internally Displaced Persons (IDPs) within the country and refugees who have fled to the neighboring countries such as Turkey and Lebanon. This has become a big burden on them (Landis, J., 2012). This war has greatly impacted ...

(Insert Institute) On June 1914, the world saw the dawn of a new age as its super powers took to arms and went to combat. Otherwise referred to as the Great War, the First World War saw nations join its cause in a form of a ripple effect. In other words, what started as a feud between two countries forced the others to join because of treaties and agreements with the aforementioned countries. Colonies fought for their masters while allies were called on for support. The significance of the Great War lies in the fact that its effects were felt in most ...

Nation-States

A nation-state is also known as a country. It is crucial to note that that the term state, nation, and country are used interchangeably but technically have different meaning. A nation is used to refer to a group of people of a given ethnicity despite not owning a country. This means that a nation referred to a given cultural identity of a group of people (Hansen, 2012, p.25). A state can be classified as a form of political authority that is part of a country and constitutes a given political authority. Thus, the term nation-state is functional because it gives people a sense of nationalism. All nation-states around the globe ...

A Prime minister is the head of government of a state/country. Authority that a Prime minister has made him the strongest person who can accept, reject, or rectify different policies made by other government representatives. Responsibilities of a prime minister make him/her take important decisions, which directly affect the lives of people . Different prime ministers of United Kingdom are evaluated based on their work that had benefited common people. The most successful Prime minister of United Kingdom after 1945 was Tony Blair. In this paper, different policies and movements are discussed which made Blair win the hearts of his people. The ...

Xinjiang is one of the regions or states that were attached to China in the 20th century. This means that it was not initially part of the economic, political nor cultural level of the old Chinese nation. Geographically, China is located in the Central Asia. This meant that if china had any intention to harmonize the economy of the whole nation at large in conjunction with the new Xinjiang, which was referred to as Uighur kingdom (Chaudhuri 55). Besides the economic level differing, there were also some differences in the cultural as well as religious practices. These were important ...

There are several factors, which one should consider while choosing the country to live. Choosing the place to live and work means that the life in the subject country is fun. People will have different preferences but the factors to consider remain the same. However, their intensity is different. The main factors, which one should consider while choosing the country to live, include security, political stability, social amenities, economic stability, entertainment facilities and the general opinion of the country. In the country, one chooses to live there should be enough security. In a security guaranteed town or country, as whole ...

Introduction

Tourism in Greece is one of the most important industries which have been able to boost its national growth. The industry has been rated to contribute more than 15% of the country’s output annually making it the most popular industry. This is based on the many beaches and the Mediterranean coastline which is a geographical advantage to the country. The country which is based in Europe has a rich history as the natives have retained their culture, thus attracting tourists. This has created a base for approximately 17.5 million visitors who originate from all walks of the world (Bramwell, 2004). It ...

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 ...

UNEMPLOYMENT

INTRODUCTION Unemployment factor of a society is subject to everyone’s primary attention. Increasing unemployment rate can impact on the economy’s performance dramatically. The unemployment rate shows the number of unemployed persons as a percentage of the entire work force. Weak demand for hiring new employees shows that the economy is stagnant and that there is less potential growth. An economy with more new employment opportunities shows significant growth. The after affect of the global economic recession is unemployment, inflation and fall in the real GDP rate. Most important issue which is faced by the elected persons is unemployment. ...

Financial crisis is an economic status where there are extreme difficulties. One of the economies that experienced adverse effects as a result of the crisis is the United States. The country faced extensive challenges that influenced the livelihood of the entire nation. However, it remains a challenge on who was the main cause of the financial crisis that left the economy of the United States immersed to extensive depression. The main groups that have been associated with the crisis are the government, Wall Street investors as well as American homeowners. Some analysts argued that the government was unable to control the ...

Introduction

The birth of institutions like International Monetary Fund (IMF), the World Bank formerly known as the International Bank for Reconstruction and Development, World Trade Organization happened post the World War II scenario. The major aim of the formulation of such institutions was to manage the world economy as a whole to prevent another economic catastrophe which the world faced during the time of World War II. These institutions were developed with a common goal of helping the developing nations monetarily, which would lead to stable economy in a non-globalized world. However, with the passage of time all these institutions did stay but ...

Introduction

The Kao group of companies is a multinational business that operates in many countries in Europe, America, the Middle East, Asia and Africa. These companies target ordinary consumers since they produce consumer goods mainly. Consumer products offered by the Kao group of companies include among others, the beauty care line of business where this company offers a wide variety of soaps, cosmetics, hair care products and exclusive skin care products. The Kao group of companies has led to the provision of a variety of soaps, beauty products and cosmetics in many countries that they operate in one of them being the Kao ...

Middle East is a region that covers the Western Side of Asia which has and remains to be a center of world affairs. Its history dates back in the ancient times and it has various contributions to the world we live in today. The region is associated with the origin of most religious groups in the world such as Mandaiesm, Islam, Druze, Bahai faith among many other religions. Generally, the Middle East is an arid place with a hot climate and despite the climatic conditions it is a big Agricultural contributor in the world (Sorenson, 2010, p.122). Most Agricultural inventions have originated from ...

Introduction

United States of America is among the biggest importers of oil and recently it has been noticed that exorbitant increase in oil prices is posing a great threat to its economic stability as well as future growth. A huge financial deficit in its trade as well as several other economical areas has been occurring for the last few years and it has badly affected the overall balance of trade for United States. The future growth of economy of US largely depends on oil and its continued excessive level of import from foreign countries. United States has been spending a big portion ...

Admission Essay

As an individual, I am shaped by my life experiences; everything I have been through shapes me into what I am today. In that way, I have been forged from struggle and discomfort; growing up in Sierra Leone (a small country in West Africa), my childhood was filled with conflict and corruption - ever since the Civil War which broke out in the 1990s, one borne of socioeconomic issues that left almost all of us beggars, and government corruption which ensured that no one was listening to our problems, the people of my country were (and continue to be) destitute, ...

A New Window for Social Entrepreneurship

Literature Review Introduction The development of an environmentally, financially and socially sustainable global economy is reliant on local economies that can be sustained (Wicks, 2006, p. 1). However, becauseglobalisation is causing a decline in local communities—particularly family farms, local businesses —it is important for small companies to work together tobuildlocal living economies in their own regions thatlink on both thenational and international level. This paper reviewsthe literature addressing the nature ofcommunity-owned enterprises and the benefits of theseto not only the individual owners but also other business owners and communities. It is aimed that by showing how ...

A reality that the world faces now is that not all countries are economically successful. Living standards are not equal and economic productivity varies depending on several factors. Why is this so? Because a country's economic stability depends largely on what economic policies the government institutes in the country. Countries such as the United States, China, Singapore, and South Korea all pursued outward-oriented policies that focused on international trade rather than limiting trade within their regions. What is the common denominator among them? They are all rich. Instituting lower tariffs and lifting trade restrictions, the countries benefitted by exporting ...

Introduction

The following report represents an attempt to present a PESTEL analysis of the current world affairs. The report is divided into two sections, whereas the first section briefly describes ideas taken from literature, while the second is an analysis of the former, attended to evaluate the most important of these ideas.

PESTEL analysis of world affairs

The PESTEL analysis enables the forming of a realistic image of the situation in a certain area, as it takes into consideration all the aspects and concerns of modern life. However, due to many changes and occurrences in various parts of the world, performing such an analysis on a global scale is ...

Introduction

International business and finance has developed due to increased globalization and internationalization. This has led to development of new economies, which are driven by development of communication and technology. This paper will focus on United Arab Emirates (UAE) as one of the emerging economy and its suitability to attract foreign direct investments. United Arab Emirates is located in the Middle East and has been among the most developed and with highest potential among the countries in the Middle East. It received its independence on 2nd December 1971 from Britain. It contains seven emirates and the capital city is Abu ...

Methods of Engagement in Afghanistan: Security, Identity and Economy

The cultural differences between the United States (U.S) and Afghanistan are huge. The U.S. celebrated its independence from the British Empire about 1236 years ago compared to Afghanistan’s population who has lived there for generations. The U.S. first became involved militarily there when it armed Afghan fighters against the Soviet invasion between 1979 and 1989. A devastating ten year Civil War followed. (Rohde & Crossette, 2001) Next the Taliban came to power and then lost power when the current U.S. war against Afghanistan started in 2001. Unfortunately after over a decade war in Afghanistan the suffering of the people seems ...

What Are Political Risks In Foreign Trade?

Political risks are risks, which occur because of instabilities in national governments and war, both civil and international. No matter how consistent the buyer is fulfilling his obligations to the seller according to the contract, his obligations are dependent on the current situation in his own country or along the transport route to that country. The underlying causes of political risks include political stability, social stability, and economic stability (Anders 23). Political stability, which comprises of political structures and ideologies, combined with external relations with other countries forms an vital part of the political risk. Stability in general ...

According to the macro-economic theory, there are several policies used to stabilize the economy of a country. The most common policies used to achieve this objective are the fiscal policy and the monetary policy. In economics, fiscal policy is involved in controlling the government expenditure. Applying it in stabilizing the economy of a country, it dictates government expenditure so as to stabilize the economy of the country. The main elements used to stabilize the economy are the government expenditure and revenue generation into the economy through taxation (en.wikipedia.org). Contrasted to the fiscal policy in stabilizing the economy is the monetary policy. ...