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29 Sep 2010

A Comparative Analysis of the Welfare States of Germany, Sweden, and the United States

Essay - 12 pages - Economy general

A welfare-state is a state in which organized power is used to provide social services to a society that cannot provide these things for itself through market-based transactions. Studying the welfare-states of Germany, Sweden and the United States will provide us a valuable perspective in...

29 Sep 2010

Analyse of Chinese cultural system, its implications for cross-cultural management and the French business people who want to deal with Chinese counterparts

Essay - 17 pages - Economy general

We naturally view the world from our own perspective and critically analyze that is different. Anything does not correspond to our perspective looks "abnormal", "inferior" or we don't feel comfortable or we are "afraid". But most perspectives are "normal" and respectable. People just have...

29 Sep 2010

Saving self control: A behavioral approach to analyze why individuals save and what prevents them from doing it well

Essay - 10 pages - Economy general

How and why consumers and investors save, has remained as a puzzle since modern economists approached the question. Clearly, we save because we have to, but we rarely ever want to save as an end in and of itself. Current the leading models present this dilemma as a struggle between two personal...

29 Sep 2010

Is Capitalism here to stay or is another vision of economics possible and viable?

Essay - 2 pages - Economy general

For many centuries, Capitalism has been the only economic system in the industrialized world. In the present world, this system is in crisis. Billions of people live below the poverty line without any access to food, health care or housing. By capitalism, we mean a system of production that...

29 Sep 2010

The European Central Bank (ECB) and the Federal Reserve System (FED)

Essay - 23 pages - Economy general

This document is a presentation of the European Central Bank (ECB). The national central banks (NCB) make part of the ESCB Headquarters based in Frankfurt Presentation of the FED, which was created in 1913 by the enactment of the Federal Reserve Act and headquartered in Washington D.C. The...

29 Sep 2010

Failures and benefits of free trade and the role of World Trade Organization (WTO)

Essay - 10 pages - Economy general

The free flow of international trade gained significance after the Second World War when the General Agreement on Tariffs and Trade (GATT) was tabled. The GATT was followed by the formation of the World Trade Organization (WTO) in 1995. The WTO was formed to establish rules for international...

29 Sep 2010

Are the migrant workers competing with locals in China's urban labour market?

Essay - 5 pages - Economy general

At the end of the 1970s, the Communist Party of China (CPC) acknowledged that planned economy had not managed to increase the Chinese standards of living. Consequently, it started to reform the economic system in order to modernize it. The labor market was also not been excluded from such...

29 Sep 2010

Creating Colette in Shanghai

Essay - 2 pages - Economy general

By sticking to the original concept and in tandem with the new emerging Chinese market - How to recreate Colette's lifestyle store in Shanghai is a question that needs to be analyzed. First step is to start with the company analysis in order to underline its strengths and...

29 Sep 2010

International economics: Essay on the advantages and disadvantages of globalization

Essay - 6 pages - Economy general

‘We are living a transformation which is going to reconstruct population and economy for the coming century. There will be no more national products and technologies, no more national firms, no more national industries, no more national economies. Only individuals, which constitute nations,...

29 Sep 2010

Northern Rock

Essay - 2 pages - Economy general

If there is any country that has enjoyed a strong reputation and willpower in the field of finance, it is the UK. UK has enjoyed this position since the end of the 19th century. London has retained and is undoubtedly the leading financial centre in Europe. The banks in London and around the UK...

29 Sep 2010

Franchising

Essay - 4 pages - Economy general

Franchising is not a new concept. North America was among the first countries to successfully develop franchises in 1886 through the famous example of the Coca-Cola company. Franchises grew slowly during the 1950's but helped many firms expand their operations across borders, like Mc...

29 Sep 2010

The income gap: a growing dilemma

Essay - 19 pages - Economy general

While considering the poverty line in France, it is amazing to note that the current statistics has revealed that nearly 4 million people are homeless in France. This kind of an alarming and unmatched growth pattern is also visible across some Asian countries. Despite this poverty issue that...

29 Sep 2010

Business Cycles Analysis; The outlook for real GDP growth

Essay - 35 pages - Economy general

Nowadays, the real GDP growth seems to be the prevailing worry for every economy. We are going to analyze real GDP growth and employment in France in 2006-2007, in the context of the international economy. Our overall objective is to understand and to interpret growth forecasts for a given...

29 Sep 2010

International Business Environment and Strategy

Essay - 6 pages - Economy general

"You have been asked by a major oil company to analyze the likely developments in the oil market over the next five years. Carefully explain the theoretical underpinnings to any predictions you make. How might your predictions influence the future strategic direction of the oil company? Explain...

29 Sep 2010

The French motor industry in the world

Essay - 37 pages - Economy general

Since more than half a century, the motor industry has represented, in most of industrialized countries a floret of the industry. In spite of the expansion of the service sector, the French motor industry occupies a very great place in our country. The manpower mass has decreased (in France this...

29 Sep 2010

The results of the "Lisbon agenda" - the attempt to make Europe the world's most successful knowledge-based economy are generally thought to have been disappointing. What steps should be taken by the European Union, and by national governments

Essay - 5 pages - Economy general

In March 2000, the Lisbon Strategy was launched to overcome a series of weaknesses in the European economy: long-term structural unemployment, a poor employment rate, and under-development of the service sector. In an often-quoted sentence, it has therefore assigned the EU "a new strategic goal...

29 Sep 2010

Foreign direct investments: Issues and impact for developing countries

Essay - 6 pages - Economy general

In the context of globalization, the increasing interconnection of markets and the geographical burst of the production chain can represent an opportunity for developing countries to join the world economy to enhance their growth. The resilience of foreign direct investment (FDI) during financial...

29 Sep 2010

Discuss the main factors that determine product prices in the UK - published: 29/09/2010

Essay - 3 pages - Economy general

Predicting firms; behavior and reactions to events is central for current microeconomics. Economists have put forward many theories to analyze the behavior of firms, main decisions of economic interest related to outputs, investment, and technology and above all prices which are the object of...

29 Sep 2010

Short-run and long-run aggregate supply

Essay - 8 pages - Economy general

One of the salient features of this document is to distinguish between the short-run and long-run aggregate supply curves and explain why they are important for the definition of a macroeconomic equilibrium. The Aggregate Demand model tries to examine the effects on the real GDP and price level...

29 Sep 2010

Why Globalization Works by Martin Wolf - published: 29/09/2010

Essay - 3 pages - Economy general

Martin Wolf, a British economist and a prominent journalist at the Financial Times, is ardent defenders of globalization, i.e., of global economic integration through free trade. His book, Why Globalization Works, aims to demonstrate that globalization makes the world better off. He feels that...

29 Sep 2010

Interest Rates

Essay - 4 pages - Economy general

It is a well known that interest rates have a commensurable power to influence the economy as a vital tool of monetary policy that is used to control variables like investment, inflation, price stability and unemployment. Generally speaking, the interest rate is described as the cost of using...

29 Sep 2010

Energy choices in Europe: the case of electricity

Essay - 14 pages - Economy general

Energy is a vital element for the economy as a whole as every sector demands its usage constantly. It is not an end-product by itself, but a pre-requisite for most of the economic activities. A sudden increase in energy prices or a disruption of supply can entail heavy economic repercussions. An...

29 Sep 2010

Define and explain the concept of an income elasticity of demand for a product

Essay - 4 pages - Economy general

Would you expect the income elasticity for potatoes and DVDs to be large or small? If the supply of oil is price inelastic in the short term, what would you expect the impact of an outwards shift in the demand for oil to be? What might happen in such a situation in the long term? In economics we...

29 Sep 2010

Environmental Economics: global warming

Essay - 14 pages - Economy general

This essay is about the climate change and the direct and indirect effect on our environment, not only caused by human activities. The increased concentration of the greenhouse gases which include carbon-di-oxide and others, over the last 150 years has dramatically progressed. This fact, caused...

29 Sep 2010

In order to promote the wealth of nations, what should be the relationship between the visible hand of the state and the invisible hand of the market?

Essay - 8 pages - Economy general

The decline of social democracy in Europe during the last decade is one of the examples which seem to show that there is no other global alternative for a state regulation under the market in the globalisation context. The predominance of the market in a political economy is not recent. ...

29 Sep 2010

Pros and cons for the UK to join the Single currency

Essay - 4 pages - Economy general

For many people, in favour of the EMU and the sceptics of EMU alike, the single currency points is inescapably part of the political union. Looking at past history, monetary unions linking independent states of dissimilar size and power (like that of Belgium and Luxembourg today) have not been...

29 Sep 2010

Garten (Jeffrey E.), the Big Ten

Essay - 5 pages - Economy general

Jeffrey E. Garten is a Washington executive who entered the Clinton administration in the summer of 1993 as the Under Secretary of Commerce for International Trade. During his tenure, he decided to launch the Big Emerging Markets' project ('BEMs' project). This project flagged of with...

29 Sep 2010

Globalization and employment

Essay - 5 pages - Economy general

Globalization is one of the most controversial topics in today's world. Globalization raises fears and apprehensions and the most prominent one that stands out is the growing power of multinational firms that bestows them with the right to retract jobs whenever and wherever they want....

29 Sep 2010

The future of financial centres in the European Union

Essay - 4 pages - Economy general

The working of European Union was expected to be similar to the United States of America. Theorists believed that Europe will have a financial hub similiar to the Wall Street in the United Sates and questioned the future of the European Union. Establishing inter-market deals among the European...

07 Apr 2010

Box-Jenkins vs. artificial neural networks in predicting commodity prices forecasting the export prices of Thai rice

Essay - 8 pages - Economy general

International commodity prices are determined by supply and demand, and to a large extent, governmental interventions through trade barriers and subsidies. Forecasting rice prices has always been a great challenge to researchers because determinants of supply and demand such as agricultural and...

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