Essays on Economics And Finance

Money and prices in the long run and open economies dictate the financial market. As such, that is why factors such as domestic variables and foreign monetary policies are over-emphasized. Demand for money is thus affected by the domestic variables, which include interest rates, price expectations, and permanent income, among others. As such, this paper explores the financial market to reveal the viable strategies the US can adapt to secure reliable money and prices in an open economy on a long-term basis.

The state of US Financial Market

Over the years, the economy of the US has been in good shape, especially when compared to ...

DEFRA. 2009. Transformative Innovation: A Research Report for DEFRA. Department for Environmental, Food and Rural Affairs, pp. 1-67. Transformative innovation refers to the creation of changes in the aspects of technology and other areas that seek to bring enhancement to holistic economic systems (DEFRA, 2009). There are various distinctions between transformative innovations (TI) and other forms. The most prominent one is that TI encompasses process and practice changes that have the intention of improving system capacities (DEFRA, 2009). Innovation has been a significant influence on sustainability, but TI carries the concept to another level. The difference arises in that ...

Abstract

Economics is a subject that has its recognition in almost every walk of life. Inevitably, there is no single definition of the term “Economics” exist in the world, because every author has had defined the concept in somewhat different manner. Adam Smith is known as the Father of Economics (FOE) and according to his concept, “Economics is the study of wealth that deals with the buying and selling of products in total”

There are basically two types of economics predominantly comprised on microeconomics and macroeconomics and both of these provisions are important. According to the specifications, microeconomics ...

Islamic banking performance and risks in MENA

1. Introduction Islamic finance was only a dream 50 years ago became reality now. Nevertheless, it is one of the fastest growing industries currently as well as it showed some strength at the time of Global Financial crisis (2007-2009). These features and others made Islamic banks a feasible and viable alternative for conventional banking system. Although Islamic Banking showed good signs but they faced and still facing some challenges (Risks). This paper revises the current risks faced by Islamic Banks especially in MENA region. Additionally, it’s going to measure their performance in these countries. Finally it will classify ...

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 ...

Throughout the history of the world, from the 1500s many countries across the globe (from Asia, Europe and the United States) have interacted and influenced each other in many ways. In this process, the United States, China and other countries in the Asian continent have played vital roles in this transformation and development. However of most interest is the relations of the United States and China. Considering the country is an economic power house in the region, it is of great interest the status of relations between the United States and China. In this paper I will seek to ...

Amongst the various sources of finance, like sale of financial instruments, or even borrowing loans from banks and other financial institutions, a very popular method is lease or lease financing, that is defined by the Leases Exposure Draft of the International Accounting Standards Board (IASB) & Financial Accounting Standards Board (FASB) as “a contract in which the right to control the use of a specified asset (the underlying asset) is conveyed to a customer, for a period of time (throughout the lease term), in exchange for some consideration (periodic rental payments), if the customer has the ability to direct the use, and receive benefit ...

I just graduated from the Le Hong Phong High School with a tremendous performance all through the years of study. At several occasions have I scoped 3rd prize in English, specifically in Hochiminh City. This was in the years 2008 and 2009. Following my graduation, I am interested in pursuing Economics and Finance course in the RMIT Vietnam. This scholarship application is tailored towards realization of this interest, which I pursue as my education objective and goal. The fact that the institution will now offer this course in English makes it an ideal place for me to undertake the course. ...