Essays on Economy

Abstract of the Chapter V

In this particular chapter, Thomas Friedman questions the necessity of the free trade across the globe and whether it will benefit America as a whole. Basically, he spent a significant amount of time thinking if David Ricardo was right or not. Ricardo, the English economist who lived at the turn of the 18th-19th centuries, described the basics of free trade. This is the beneficial cooperation of two or more countries that are concentrated on the production of goods in which they have a comparative cost advantage. So, the question is if America should keep the principles of free trade ...

The scope of government intervention in the social and economic life of the country has been a controversial issue since the Industrial Revolution. Many people were able to become affluent due to the increased production, but a much larger number of the people faced the hard life because of low wages and appalling working conditions. Consequently, different socialist movements started to emerge in the countries around the world. Socialists opposed the governments and private companies practices of which led to the inequality. In many European countries socialism was very strong, but in the USA socialism has never been a ...

U.S. House of RepresentativesWashington, D.C. 20515

Dear Representative Johnson:

I am a young constituent of Texas interested in observing the political developments in the country. As a representative of Texas serving the nation for more than two decades, I would like to bring to your kind notice a key problem of public interest to initiate necessary actions for effecting a policy change in the near future. My strong concern is about the current monetary policies of this great nation. As a youngster who is observing the economic development of this country with interest, I would like to express my views on some ...

(Course/Major) (Professor/Instructor) (Location)

Corporate social responsibility and climate shifts: Introduction

The task in connecting corporate responsibility and ethical business practices is to make the engaged parties move towards resolving the problems in the area. Climate shifts is one topic that is well suited in this area. The issue of climate change requires an in-depth study in that there is a rising disconnect between the increasing public adoption of the prevalence and the critical nature of the dilemmas it presents and the reluctance and even outright hostility by corporate leaders and policy makers, specifically those in the energy exploration and generation industry, to acquiescing with the impacts ...

Introduction

There is a long standing debate in .Economics between the classical school of macroeconomics and the Keynesian school of Macroeconomics. While the classicalists school believes in a laissez faire or free market economy the Keynesian school proposes government intervention in times of recession, inflation or such other macroeconomic disbalance in the economy. In this paper we are going to present the major differences in the Classical and Keynesian school of macroeconomics in terms of aggregate demand and supply and in terms of the impact on inflation and unemployment.

Aggregate Demand and Supply

The classical model is a supply side model. The proponents of ...

Natural resources

Switzerland: limited mineral resources. No coal, small amount of iron and manganese deposits. Building stones (granite, limestone), timber, salt are only appropriate for commercial usage. Waterpower – main natural resource (hundres of glaciers). 11% of land – agricultural usage, 30% - covered by forest.

Barbados: gas, petroleum, fish.

Similarities: Both of countries don’t possess a lot of natural resources. The countries’ sizes are small (Barbados is much smaller). Both of countries have recreational resources and attractive for tourists.

Differences: Mainly mountainous landscape in Switzerland, more plains in Barbados.

Population Switzerland: population – 8 066 224, 3 966 991 males (49.2%), 4 099 233 females (50.8%), 8976 births (2016), 8213 deaths (2016), 1215 net migration (2016), ...

Escatsa is an average Spanish company founded by two twenty year olds. It deals with the production of steel sheets jobs for the automotive industry. It is well established locally but then it is faced with the decision to expand internationally to one of two places, Hungary and the UK. So as to make a decision on what location is more favorable for expansion, it needs the analysis of key competencies, the market base, risks expected, cost and financing of moving project. This analysis will assist the company in making the right decision for expansion. A risk analysis helps ...

China has been playing an important role in the global economy and in the short term future the country is going to continue to build up its international presence. However, keeping up the economic growth may become a serious problem for the Chinese government in the short term. The rates of economic growth have declined in the past years and this is a very big risk for the developing economy that China has. So now China is looking for the ways how to improve the current situation. Stimulation of exports by means of the weaker national currency is one ...

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 ...

Blitzkrieg is the theory of conducting brief war, according to which victory is achieved in the period calculated in days, weeks or even months, before the enemy will be able to mobilize and deploy its main military forces. During the World War II, European military theater have seen a lot of successful and not blitzkrieg acts and plans. For the first time in practice, the German military strategists at the beginning of the Second World War when capturing Poland successfully carried out blitzkrieg. The campaign in Poland was the first demonstration and successful implementation of the theory of "quick ...

Being one of the most recognized luxury brands in the world requires a constant wobbly balance to be kept. The customer should be always understood and heard, while the external factors should be adapted to within the shortest time. From the day of its foundation in 1941 Coach’s product itself did not change much. It used to be all about being simple in style and resistant to wear and tear; the difference is concealed in additional value added to the customer.

Question 1

For Coach the competition in the luxury goods industry is estimated as fairly strong, due to the ...

Introduction

There are two major school of macroeconomic thinking, the Keynesian school and the Classical school. The classical model has evolved over a long time and name of a number of renowned economists is attached to this school of thought. The Keynesian school has been built on the theories and models developed by John Maynard Keynes. In this paper we discuss the differences in these two schools of thought in terms of aggregate demand and supply and the relation between inflation and unemployment.

Aggregate Demand and Supply

The classical model is essentially a supply side model. According to the classical school of thought the ...

Casino industry is considered to be one of the most profitable industries in the world. Its impact on the national economies is crucial. Theoretical studies within this sphere show us that the casino gambling entities provide their governments with quite significant benefits such as high level of taxes paid, infrastructure development by the cost of casinos and increased level of tourists to places where such enterprises are located. But in most publications little attention is paid to the problem of defining the specific impact of casino gambling as a part of hotel enterprises. That is why our main goal ...

Tax reform proposal analysis – Hillary Clinton

Each candidate in this year’s presidential election has a big vision for the United States regarding revenue which would lead to the growth of the American economy. One of the issues at hand that each of them is tackling is the tax issue. Hillary Clinton is one of the most vibrant candidates in the presidential election. According to Hillary, her tax proposal is set to grow America economically. First on her proposal is the increase in tax on home and business income due to some policies that are set to be enacted, the plan aims at enacting what ...

Sustainable management in the hospitality industry is not a new concept. In the past, the industry has been focusing on the importance of sustainability. This supports hotel development and its operations. Moreover, environmental, socio-economic, and cultural impacts of the industry have been emphasized. Sustainable development denotes concepts that currently spin around every industry globally. In the past, the hotel industry had a spectacular environmental impact especially through power and water usage, consumption of durable goods, waste generation-solid, as well as liquid wastes. Energy is consumed during HVAC operations, general lighting, fuel, or normal power requirements. Water is similarly utilized ...

Is sustainable or steady state economY possible or practical?

2016-02-11 Is sustainable or steady state economY possible or practical? Nowadays, the concept of sustainable development is widespread. Almost all areas identify so-called principles of their sustainable development. Economics is not the exception. The category “economic sustainability” connects with the concepts of balance and developmental stability. As we know, the majority of resources is limited on the Earth. And the economics can not grow permanently. It is limited by different factors. In this case, sustainable or steady state economy is the most fitting decision. Let’s analyze if it is possible to implement it. The current economic system is ...

Microenvironment Analysis

Political environment: The government of the country is making significant efforts in building strong political and economic ties with other countries. The country is supporting the international community for the attainment of well-being and safety of people and has good relation with all countries almost. The political environment in the country for business is good, as the government has taken initiatives to diversify the economy at a higher level. In 2010, the government announced $130 billion monetary packages to spend until 2015 with the aim of boosting the private sector participation and foreign direct investment. The purpose of encouraging ...

Statement of Purpose and Academic Motivation

Intercultural management practices and competence has been poorly explored by the academic community from the perspective of multicultural Finnish professional life (Weber, Festing & Dowling, 2013). In spite of the fact that various cultural issues in the employment context have been studied from the purely managerial perspective, the majority of these studies relate to either migration of the highly skilled professionals (Thomas & Peterson, 2014), reflected common international trends (Van der Vijer, Hemert & Poortinga, 2008) or evaluated financial performance of the institutions, which significantly attracted employees with different cultural backgrounds (Smith, 2004). This research, however, pursues a number of unique objectives, ...

Historical chronology is the systematic arrangement of historical events and dates in order of occurrence. Consequently, chronology is a basic tool of history, since it helps in tracing past events and providing a reference and date to their occurrences. Therefore, current events in the modern world attach to a series of occurrences in the past, which took place in a systematic order. The global economic depression is an example of a chronological event in history, which took place between 1939 to 1945ce. The period featured a great downfall in the world’s economy, owing to the damages that World ...

Introduction

Money is a means of payment for services and goods. Money can also be defined as anything that allows us to purchase goods and services (Stanford 2008, 189). Money serves number of functions like measure of value, means of exchange and store of value. These functions often contradict each other and these contradictions may lead to economic crisis.

Function of money

Money: In ancient times, barter system was used for payment of services and commodities. It was difficult to put exchange value on commodities or services rendered. Trading in barter system was highly inefficient, as seller had to find a buyer who ...

With the fossil fuel energies and oil fast depleting, the industrial civilization is at a crossroad. After all, the entire infrastructure behind industrial technologies is aging and needs a new perspective. Governments and businesses are in a tight spot with riding debts and unemployment. Ever since the 2008 economic recession, the governments, business communities and civil societies are at loggerheads as to how to revitalize the global economy and help the world grow and self-sustain (Rifkin 1). Clearly, the era of great energy is over. A bold new economic narrative is repaired to transform the society. 1.1 A New ...

The Gilded Age, the period in American History directly following the Civil War was a departure from other earlier periods in the young country’s history. Mark Twain in the book by the same name tries to make this abundantly clear, the new age was one that was driven not by military expansion nor for the need for land but for the need for investment and goods. TWealthy Eastern families and tycoons made their fortunes in the Gilded Age by joining in the spirit of the age which was a call to the great wide open frontier. The spirit ...

Obesity has become a problematic trend in the America since 1980 with more than double the cases of adults affected and cases among adolescents tripling. Statistics further indicate that around 300,000 premature deaths were reported associated with obesity showing the perils of obesity and its deadly effect on the American economy. ("Big Fat Liability Case") As of 2012 the economy has had to deal with the spiraling costs of treating diabetes at a whopping $190 billion dollars annually and its effects on the health care system was catastrophic. The catastrophic cause of obesity in the country was simply ...

Australia, being recognized as a vibrant democracy of a free market has always recorded economic progress for the last twenty-five years without encountering a recession. The economy has hugely benefitted from the entrepreneurial development which has been facilitated by an efficient governmental system, a legal system that is functioning properly together with an independent bureaucratic rule. All through in 2014, the economic growth of Macquarie environment has been below the long-term trend. Being driven by the sector of the resources, it experienced a declining value as the prices of the commodities also declined. This meant that while the country ...

Impact of Unemployment on the Long Term

The unemployment is defined as the state of looking for a job and not being able to get a job. The unemployed people are willing to be in the labor market; however, the economies cannot produce enough jobs for all the workers. The unemployment might continue the long term, especially after the recession times in the national economies (Krueger, Cramer and Cho 230). The ability to create new jobs is very essential for the national economies. The recession times in the world cause an increase in the unemployment rate, and some of the unemployments are long-term unemployments. The most ...

Executive Summary

The purpose of the paper was to assess Canadian market for the ability of CBT, the UK-based supermarket chain, to enter it. Environmental analysis was made taking into account political situation in the country, economic overview, legal aspect and socio-cultural perspective. It was found that CBT is going to have more opportunities than threats. Competitive analysis showed that supermarket industry in Canada is monopolistically competitive. The characteristics of such market were properly described. In general, there are three main CBT’s competitors and numerous small, therefore, the company should enter Canadian market with some competitive advantages. In order to ...

Conflict Management between McDonalds and its Employees

McDonalds is one of the largest employers by volume, not only in the United States but as well as globally. The ongoing conflict between the franchise, its employees, and the unions representing the employees promises not only to impact on McDonald’s employees but also on many franchises offering the current entry-level compensation. The phenomena that are currently known as fast food is an American concept, with the industry developing alongside America along freeways, suburbs, television, and virtually, shaped and was shaped by the American culture. The need by American’s for efficiency and instantaneity of gratification was catered ...

Venezuela’s private property rights

The Venezuelan government has been autocratic in snatching land away from their rightful owners and handing it over to others which is clear violation of property rights. The cause behind this action ownes back to a decade when the opposition party to President Hugo Chavez lobbied with business elites and plotted to shrink the economy by controlling agricultural output. This was enabled by big land owners (‘Latifundistas’ in Venezuela) started stalking almost 6.12 Lacs Hectare of land and shunned any agricultural activity on their land (Fuentes 1). This loss in agricultural output started reflecting in terms of fall in ...

Incorporation of Sustainability into Cost-Benefit Policy Analysis

Incorporation of Sustainability into Cost-Benefit Policy Analysis

Introduction

Among the most pervasive/influential concepts in the political and social discourse, sustainability remains one of the fundamental concepts. There are controversial and extensive debates on the extent to which policymakers should consider accountability of environmental and natural resources concerning cost-benefit analysis (CBA). Several views and opinions exist on how sustainable investments, businesses and projects can be carried out. Such opinions follow the fact that CBA needs to be relevant in valuing some of the most sensitive and significant effects on environment and natural resource base. The same is concerned with effects which ...

Recognizing Public Value

Moore’s take on public value Public Value is the ability of a state or a nation to use measurable statistics to gauge the performance or effective level of its citizens. According to (Moore 8), he believed in the philosophy of measuring the levels of educated publics, health, safety that the citizens were able to produce within given period of times. In comparison to Dendhardt and Hutchison’s theory of public value, they both believed in the managers’ relations with the civil service and the political environment of the nation. However, Hutchison tries to explain that, for instance in ...

The Effects of War and Peace on Foreign Aid in the Philippines

In the past, peace and war have shown the diverse effect on the distribution of foreign aids to the recipient nations which have been affected by war. The effects of war and peace on the foreign aids are either positive or negative and also with different magnitude. Foreign aids given to the affected countries which are usually the third world countries is usually technical aid, military aid, financial aid and humanitarian aid (Callaway & Matthews, 2008). The intention of the donor country is usually to help the poor in the country get their basic wants which at the same time ...

There are different approaches to define small economies. Besides usual quantitative ways to measure country’s smallness by its population, territory, GDP and other criteria, there some qualitative factors that are used to define the economy’s scale. Some economists state that small economies are those that adopt “price taking” policies as they cannot dictate their rules in the market, neither significantly influence trade rules. This peculiarity of small economies mainly lies in the fact that such countries have limited resources. Hereby, small countries are more dependent on imports and are forced to accept trade agreements offered by large ...

Introduction

The Age Discrimination in Employment Act (ADEA) is the state law regulating the age discrimination in employment opportunities in the US. It was implemented in 1967 to endorse work of the older employees based on their input rather than age. The Act inhibits discrimination, and assists in solving problems that come up with the aging labor force. The Act, ADEA, forbids employment discrimination based on age for employees over 40 years. The original law, enforced in 1967, covered staff between 40 to 65 years (Eglit, 1992). However, subsequent amendments raised and then abolished the upper age boundary, ending compulsory ...

Introduction

In the current context of continuing business failures and mounting uncertainty in the global market environment, the concept of small business can benefit an economy’s efforts to achieve sustained growth. This paper will analyze fixed-price contracts and cost-reimbursement contracts in the light of fast advancement of the small business sector. 1. Fixed-price Contracts Vs Cost-reimbursement Contracts A fixed-price contract is simply referred to a type of contract where the contract price is fixed and is unaffected by the resources utilized or time expended. In contrast, a cost-reimbursement contract, also known as a cost-plus contract, is a type of ...

Sustainable Tourism: the Importance of Destination Tourism Indicators

Question 1 Tourism lifecycle is a concept proposed by geographer Richard Butler in “Canadian Geographer” journal in 1980. According to Butler, any touristic destination has its own lifecycle. It starts from a moment when a place is unknown to tourists and stays aside of touristic routes. Then mostly due to a word of mouth popularity of the destinations starts growing, local residents become involved in the process of hosting guests and corresponding infrastructure appears (hotels, transport, catering etc.). At certain moment local tourism infrastructure becomes developed at maximum level, at which it can host peak number of tourists. And ...

Introduction

This paper aims to discuss how the different innovations in the modern society made us look like we have reached the pillar of modernity with all the fabulous results, while the overall consequence is destruction. In the book Short History of Progress, the historian and author Ronald Wright, implied that the modern society is trapped into problems that came about as people, through their ingenuity, worked towards the betterment of the lives and the society as a whole. The author suggested that the common people, as well as those in the position to impose societal policies are always eager ...

Introduction

All companies must adapt to their specific niche or they are doomed to failure. American Apparel is no exception to this rule. While some companies choose to address the variety of competitive players in the market through designing better products or by offering the same quality at lower prices, other businesses choose to use a single feature that defines the product that they are offering. For American Apparel, there is no evidence of higher quality than analogous brands, and the prices are quite high for the clothing they are offering; as such, the company’s main appeal for the ...

In modern world the number of issues the company should deal with is dramatically increasing. Some main threats of the previous years are replaced by more significant ones. To remain competitive the organization should pay attention to all the decisions made on different levels. The company is also exposed to new types of risks. It means that the organization should use new approaches to manage both external and internal operations. The main requirement to the behavior of the firm is to be as flexible as possible. New strategies need to be defined in accordance with environmental issues and up-to-date ...

Abstract

With the increased competition in the airline industry, especially in the low fare segment, Ryanair, the initiator if this segment in Europe, is faced with various pressures, coming from its competitors, external environment or industry trends. While the company has the resources to manage the challenges of the 21st century, which tops with the necessity to become a global brand, it also requires a sound strategy. This report starts with analysing the internal and external environment of Ryanair, in order to identify the strategic directions that it can pursue in its globalization approach and it further proposes a global ...

The Philippines is famous for its emerald rice fields, smoldering volcanoes, wildlife, and mega cities. Located on a land distant from the mainland Southeast Asia, it holds great historical features and rich in cultural and spiritual. Catholicism is the main religion of the area, and resulted from the Spanish rulership. The Spanish culture remains in the country as evident in the festivals, architecture, and churches. The country’s economy is steadily growing as well as the tourism and agriculture. It gains a lot of revenue from tourism due to its beaches and islands, which act as the main tourist ...

The chapter “The Expansion of Europe, 950-1100” in the book “Western Civilizations: Their History & Their Culture”, refers to the expansion of Europe at the beginning of fourteen century. Coffin, Stacey, and Cole highlighted the some historical facts that are related to the topic. The argument based on the study is “The Europe became politically, economically and military strong after making strong efforts to bring improvements in different sectors of the economy”. The transformation was difficult, but Europe made it possible by bringing improvement and growth in different sectors of Europe at that time. The improvements were made in agriculture, ...

Democratic revolutions like the Arab Spring has toppled down political regimes abusing their authority for personal gains creating nepotic cults that leave people impoverished. Contrary to expectations, a series of revolutionary movement mostly failed to reach the intended target. It is not that all uprisings were to no avail altogether. Tunisia had better resources than countries like Egypt to reform the country. Overall, the shortage of wealth, the presence of specific US interests in the region, a pro-military electoral mentality, and the dominance of political parties have halted the democratic progress in North Africa and the Middle East in ...

Analysis of the Economic Impact of 2016 RIO OLYMPICS

The 2016 Olympic event is to be held in Rio in Brazil. This will be the first time for such an event to be held in the countries of South America. Brazil beat Tokyo Madrid and Chicago to win this chance. The Olympic will involve a line of activities ranging from athletics, gymnastics, ball games and other field events. To achieve all these within the stipulated span, the country has set up different venues for each set of events. The beach volleyball shall be held at Copacabana beach; the aquatics games at Peodoro while Barra will be the central ...

Intructor’s name

Cyber sphere is very important because of the growing number and severity of cyber-attacks; it can result in economic loss, loss of data and loss of reputation for the SMEs. UK economy depends on the cyber-infrastructure in various aspects social, cultural and economic. Cyber threats and cyber-attacks were in 2010 ranked among the four top national risks (Government’s National Security Strategy 27). UK is one of the countries with the most cyber power. With the growing number of users of internet, purchasing and buying things on the internet, doing business, communicate every SME can be affected by cyber ...

Inflation and its Impact on Gas Prices

Inflation and its Impact on Gas Prices The American economy has experienced several changes over the past two and a half decades. Since the 1990s, the economy has experienced rising and dropping levels of inflation, which has, in turn, resulted in uneven changes in the prices of different commodities including gas. The average gas price in 1990 was $1 per gallon and has been rising since then with the highest price of $3.53 per gallon being noted in 2011 (Avro, 2012). In between the years, the price has dropped but has not gotten to levels of as low as $ ...

Generation of electrical power through solar technology involves the conversion of energy in the sun’s radiation into electricity. The sun emits electromagnetic radiation which contains energy in the form of photons. Solar panels harvest this energy and convert it to electricity though a phenomenon referred to as the photovoltaic effect. A solar panel is made up interconnected solar cells, which are in turn fabricated from millions of light sensitive p-n junction diodes. The diodes are made from doped semiconductor materials such as crystalline silicon. Doping silicon with an impurity such as phosphorous introduces charge carries referred to as ...

CONTENT PAGE

Introduction

Components of a networked community Characteristics of a network society Privacy of information Identity and networked communities Effect of emergence of networked society on capital and labor Arguments for a networked society Critiques of the network society Conclusion Reference The Networked Society Introduction In the current world, people have access to adequate, accurate, and timely information. The interconnection of people has been made possible by the tremendous improvement in technology in the twentieth and twenty-first centuries. The access and affordability of communication devices like computers and phones for a long time has brought about a gradual change ...

Proposal: Viability and effectiveness of purchasing cars for the Sales Staffs, who are engaged on active field work.

Introduction to this Initiative Every organization has a mandate to deliver its objective based on its set parameters. Either, these objectives could be effectively met when certain manifestations are achieved, and within a designated timeframe. Key decisions have direct impacts on the overall well-being of an organization, and this determines how well things are achieved at the organizational front. While referring to an initiative to buy cars to the sales staffs, a great deal of feasibility consideration has to be considered. One such parameter is the cost benefit analysis associated with move, which is expected to attract more operational ...

Introduction

Growth is a big issue in the development of a nation. It is a measure of how a country can possibly sustain itself and make advances in terms of the development project. Growth of any given county can be attributed to some factors such as the resources that are available internally and the labor force that both in physical and technological that is needed to convert these resources to meaningful products.

Theory

The growth of a nation is caused by several factors, among them include: education, changes in the labor force, inflow of the foreign investments and the structures of ...

Margaret Mead once said that people should never doubt that a small team of committed and thoughtful citizens can change society and the world. Indeed, the notion is the only thing that ever happens. The educational foundations in the United States evaluate the literary institutions, policies, philosophies as well as the informal and formal education during the 19 and 20th century. The period was filled with numerous changes in the education system particularly those related to minority groups. The variations led to a trifold transformation in learning in the United States that educates citizens through a democratic procedure, creates ...

Description of the Social Problem: Student Debt in America:

The total outstanding amount of student loan debt in the US amounts to $ 1.2 Trillion. This is an astoundingly high amount of debt that not only directly affects the indebted students, but also has an effect on the economy of the country as whole, as well as the soundness of the fiscal system. There were around 37 million student credit borrowers with exceptional understudy advances in 2013. By Federal Reserve Bank of New York accounts, remarkable student debt obligation in the United States lies between $900 Billion and $1 Trillion with around $850 Billion in Federal understudy advance debt. ...

China is dealing with tons of waste produced every day. With unsustainable development and production, countries are exploiting natural and other resources and causing environmental degradation, polluting the air, water, land and soil. With inappropriate waste disposals, the environment is becoming polluted, and is dangerous for health of people. With increasing concern of people regarding environmental pollution, and its effect on health, protests were seen through the last whole year in the communist country. The topic is important, because more and more incarnation plants are being constructed in China, which are causing havoc to environment, and are also putting ...

Personnel Selection Process

Background In human resource management, recruitment is one of the most critical activities for an organization. Especially, proper selection of candidates in managerial roles often determines the success and failure of a company as managers are the main decision makers (Visa, Einolander and Vanharanta, 2015). Acme Manufacturing is not different. Recruitment of managers in a manufacturing company requires special screening as the environment in manufacturing locations is susceptible to hostility than other parts of the organization. A robust selection and recruitment process should have multiple well defined stages.

Internal Environment

Promotion has a significant impact on the recruitment process. When any ...

Lesoit is a village in Tanzania inhabited by the Maasai people. The villagers derive their income from various sources but mostly from animal farming. Manufacturing could be the other alternative of increasing sources of income among the people of Lesoit. Local economic development (LED) gives people living in local communities a chance to improve their local economy (Worldbank). One way of improving local economies is by going “local” in many spheres of business (Joyce). There has been arguments that decentralized manufacturing would improve local economies. Proponents of decentralized manufacturing argue that production by masses rather than mass production is ...

This paper was prepared for ENS 215 Research & Writing

taught by Professor The growing conversation over global outsourcing of jobs has been a source of fury and heated debate in the national conversation, particularly in the past 15 years with rise of globalization. In 2004, then chair of the Council of Economic Advisors, Gregory Mankiw made a public statement endorsing outsourcing as a likely plus for the economy, and characterizing in neutral terms (as quoted in Kierkegaard (2004): "Does it matter from an economic standpoint whether values of items produced abroad come on planes and ships or over fiber-optic cables? Well, no, the economics is basically the ...

Introduction 3

Problem Definition 3 Economic Theories 3 Analysis 6 Conclusion and Recommendations 12

Bibliography 14

Are the Rich Getting Richer and the Poor Getting Poorer Still Today Introduction Nowadays there is a lot of discussion whether the rich are getting richer and the poor are getting poorer in the modern world. The answer to this question lies in the very understanding of poverty. Various economic schools employ different approaches when describing the causes of poverty. Therefore, they give different answers to the question mentioned above. Some of them think that the statement about the enrichment of the rich and the impoverishment of ...

Introduction

Regional policy and innovation in the Asia/Pacific region has been of great interest to me since the class began studying the region. I have spent a considerable amount of my life living in this region, so the perspectives about the region that were introduced in chapters three and four gave me a new and different understanding of and perspective on the ways that innovation and policy are developed in the East Asian countries of the world. Interestingly, a more global perspective on development has really added to my interest in the region and the market forces that are moving ...

In 2008, the United Nations Security Council (UNSC) unanimously adopted a resolution to protect Iraq’s assets from any international threats stemming from Saddam Hussein’s era (MacFarquhar, 1). Such assets included oil, Iraq’s main asset, and other revenues from the country’s international trade. Given the precarious state that the country was in at the moment, it was necessary for the country to receive such protection or else it could be hit by a humanitarian crisis. It is estimated that Iraq has 144 billion barrels of oil hence making oil account for approximately 90% of revenues (MacFarquhar, ...

Communities of Canada

Challenges in the Creation of healthy & sustainable education systems for the First-Nation Communities of Canada Education of the First-Nations of Canada has been one of the challenging issues historically. Various agreements and treaties have been signed among the stakeholders, including the federal and local administration for formulating an education policy that ensures the constitutional rights of the First-Nation communities. A conceptual mechanism needs to be structured to let the First-Nations self-manage their education-related matters to meet the challenges that help in reducing the tensions, differences, and confrontations, occurring between the overlapping First Nations and non-First Nations communities, vying for ...

Civil wars and domestic conflicts tend to have devastating effects on a country. Wars negatively affect a country’s political, economic, and social sectors. The Syrian civil war, which started in 2011, is stated as one of the worst conflicts of the modern times. The fighting, which started as revolutionary protests but escalated into civil war, has affected both Syria and countries neighboring Syria. The conflict has resulted in one of the greatest humanitarian crises experienced in modern times with the death toll reaching up to 250000 people. Other than the high death toll and displacement rates, the Syrian ...