Essays on Lipsey

Benin imports are more than it exports. The country should devise ways of increasing its exports and avoid excessive reliance on imports. The majority of its industries are young, and countries export a lot of unprocessed raw materials. The young industries cannot produce goods at low cost and compete with large firms of industrializing countries in the international market. Besides, unprocessed goods are sold at a relatively low price (International trade centre 1). The government should be more involved in the trade to ensure value addition to its exports. The government should start industries that process cotton and other ...

1. How do the laws of supply and demand vary with each economic system? In a market economy, the amount of demand is determined by the buyer’s needs and his/her level of earnings. The aggregate demand is a sum of individual demands of buyers for the product at a particular time. The higher the profitability of goods production is, the greater the supply will be. Command economy is characterized by the centralized decision of what, how, to whom and when to produce. Demand for goods and services is established on the basis of statistical data and the country’ ...

Introduction

The European Union is the result of the flow of economic integration in the world. It was created in 1958 and became a powerful economic group. Within the framework of the Union, the benefits of mutual trade are established, the general economic policy is carried out, and restrictions on the movement of goods, capital, and labor are constantly removed (Krugman, Obstfeld, and Melitz, 2014). The creation of the EU was due primarily to the fact that in Western Europe after the Second World War, the contradiction between the international character of modern production and the narrow national and state ...

Importance of Entrepreneurial Activity to the UK Economy

Assignments 2 Introduction The constant growth and evolution of economic relations, both between countries and between entrepreneurs within a country, are requirements for the creation of new business forms. Entrepreneurship is an important, but not a sufficient factor in economic and social developments of countries (Waschik, Fisher and Prentice, 2010). However, if left uncontrolled by the state, entrepreneurship can become just as harmful as the administrative-command system in an economy. Entrepreneurship is essential for the development of a competitive economic environment; in order to give the final consumers the freedom of choice, but does not content with goods offered ...

Importance of Entrepreneurial Activity to the UK Economy

Introduction Constantly growing and developing economic relations, both between countries and between participants within a country, are prerequisites for the creation of new forms of business. Entrepreneurship is an important, but not the only factor in economic and social development of many countries (Waschik, Fisher and Prentice, 2010). However, uncontrolled, no adjustable (wild) business (without the supervision of the state) is just as harmful as the administrative-command system. Entrepreneurship is essential for the development of a competitive environment, in order the final consumer of products has the right to choose, but does not content with goods offered to him/her ...

Perfect competition market structures are rarely in reality, but very important to examine in theory, since their characteristics are found with no any other market structure. For instance, perfect competition markets attain a level of efficiency which is not exhibited in less competitive markets such as monopoly, monopolistic competition, and oligopoly (Glader, 2014). A perfectly competitive market is a market structure in which there are many firms, freedom of entry and exit, homogenous products and perfect information. Economic efficiency is defined into; productive efficiency –in which firms are required to produce at the lowest average total cost possible, and ...

The concept of economic development is the expanded reproduction and gradual qualitative and structural positive changes in the economy, productive forces, factors of growth and development, education, science, culture, level and quality of life, human capital. Speaking about economic development as a process, it should be understood that it is characterized not by directness of its motion, but lack of uniformity, i. e. the periods of growth and recession are inevitable. It means an increase in the scale of the total production and consumption in the country, which is characterized above all by such macro-economic indicators as gross national ...

The article to be discussed here is “The Positive Effects of Cognitive-Behavioral Programs for Offenders: A Meta-Analysis of Factors Associated with Effective Treatment,” by Nana A. Landenberger & Mark W. Lipsey (2005). The writers set out to prove that the meta-analysis of their own studies, and those of others, will better determine and measure the success of CBT. When identifying variables not necessarily addressed in other studies, and using meta-analysis for this purpose, the authors were better able discern what works and what doesn’t. They speculated that some variables in previous studies did not take into account certain factors ...

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

Increased social problems have led to many cases that need to be addressed by psychologists. For instance, in schools there are increased cases of students’ violence that have caused riots and other social problems in schools. Cases of sexual abuse have also drastically increased in modern society. Cases of rape are reported on a daily basis in the media just as reflection of moral corruption in the society. All these social problems are causing dilemmas among psychologists who are supposed to help in solving these problems. This paper will therefore analyze some of these dilemmas among the psychologists.

Sexually abused child

In dealing ...

Forensic Psychology: the effectiveness of Offending Behavior Programmes

Introduction

Rehabilitation among offenders is achievable through deployment of various programs considered suitable in the context of the offender. One of such rehabilitative approaches is Cognitive Behavioral Therapy, which is more of a psychotherapeutic strategy with a principal objective of solving problems associated with dysfunctional emotions and behaviors in an orderly methodology that is goal oriented (Dattilio & Freeman, 2007). In the context of rehabilitation, CBT focuses on behavior therapy. Research studies have reported that CBT is one of the most effective rehabilitation strategies among offenders with minimal cases of recidivism. A key objective behind rehabilitation is to ensure that the offenders ...