The recurrence of financial crises
Thesis - 5 pages - Economy general
Financial crises have multiplied in the 1990s successively affecting the so-called emerging countries. The crisis experienced by Mexico in 1994, Asia in 1997, Russia in 1998 and Brazil in 1998 and 1999 are still fresh in the memory of economists and people in these countries. The impact of all...
The 1929 crisis in Latin America
Thesis - 5 pages - Economy general
Herbert Hoover, when assuming the office of the President of the United States, said in March 1929: "I have no fear for the future, it shines with hope." Unfortunately, Thursday, October 24, 1929 is also called the "Black Thursday", the world economy plunged into the chaos as Wall Street, the...
A comparison of today's economic crisis to the Great Depression of 1929-1939
Thesis - 2 pages - Economy general
Today we are faced with an economic crisis that has affected the United States of America and reached out to shake economies the world over. Stock markets, nationally and internationally have hit all-time lows. The housing market, banks and other financial lending institutions, the Big Three car...
Analysis of the Indian economic sector
Thesis - 3 pages - Economy general
India is slowly emerging to be the next economic superpower of the world. It is often regarded as the other Asian giant, and has shown consistent growth in terms of its Gross Domestic Product (GDP) over the years. This growth has been fuelled by enormous economic progress which allowed it to...
Weaker euro - Impact of trade on the US
Thesis - 4 pages - Economy general
The 2010 Euro crisis, also known as the Aegean Contagion developed early this year in some countries in Europe including Greece, Spain and Portugal. The crisis was caused by the inability of these countries to repay their debts. This led to a crisis of confidence between the countries concerned...
A contrast of the Japanese and the US economy
Thesis - 5 pages - Economy general
This article presents a comparative study of the world's two most contrasting economies- the United States and Japan. There are many common grounds between the two nations as well as a wide range of differences. Of course, the United States commands a more significant presence among the world...
The concept of economic rationality and its place in the economic crisis
Thesis - 5 pages - Economy general
Economic rationality is talked about when the behavior of individuals corresponds to their interests. Agents are expected to act in a way that maximizes their well-being. This well-being is often calculated with a utility function that takes into account the income and leisure time. The...
The economic growth and social imbalances in developed countries
Thesis - 6 pages - Economy general
Since August 2007, world economy has had to face the turmoil caused by the financial crisis. The global economy entered a major turning point when it significantly slowed down in 2008. In July 2008, the IMF still prognosticated 3.9% global growth for 2009 and 1.4% in developed countries. It now...
Globalization and the international economy
Thesis - 4 pages - Economy general
In today's highly competitive world, the recognition and the acknowledgement of one of the most influential economic movements of the twenty first century is ever more important. Globalization, the name of the significant economic phenomenon, both defines and represents the very movement that...
Brazil - The crisis and forecasts
Thesis - 4 pages - Economy general
The two main issues which have dominated the EU and Brazil were "a new world governance" to collaborate between rich and poor countries and the rejection of protectionism. The summit meeting convened to develop an effective and strategic plan was attended by Mr. Sarkozy, the Brazilian...
The economic failure of German reunification in 1991 and its current situation
Thesis - 5 pages - Economy general
The progress of the new states in Germany appears impressive, especially when compared to their original status with respect to the development of infrastructure such as power grids, roads, transport, etc. After the unification of western and eastern Germany under the legal system of the...
Key economic concepts
Thesis - 7 pages - Economy general
Non-market production covers the goods and services household members produce for their own consumption by combining their unpaid labour and the goods and services they acquire on the market. The price evaluation of such products is difficult, because the value add at home is hard to assess....
Should Bulgaria concentrate on nuclear power as its main future energy source?
Thesis - 6 pages - Economy general
Bulgaria has been using commercial nuclear energy since 1974. 35 per cent of the electricity in the country is generated by two nuclear reactors. The Government plans the construction of a new nuclear plant in order the energy needs of the country to be met. This raises the question if Bulgaria...
Managing hotel occupancy in times of economic and financial crisis: Region Bulgaria
Tutorials/exercises - 24 pages - Economy general
This student dissertation addresses managing hotel occupancy in Bulgaria during the financial and economic crisis. Bulgarian hospitality industry is among the sectors which were severely affected by the global financial and economic crisis. This paper analyses the current condition of the...
The global economic crisis and its impact on economy of Finland: The case of Nokia corporation
Thesis - 7 pages - Economy general
The global economy is experiencing the impact of an unprecedented economic downturn which began in the United States and spread all over the world. This paper provides an overview of the impact of the global crisis on the economy of Finland in 2008 and 2009. The course work analysis the...
The global economic crisis and its impact on the German economy: The case of Strabag AG
Thesis - 7 pages - Economy general
The world economy is going through a very difficult period. The global economic crisis which began in the USA with the collapse of the sub-prime mortgage market, spread to the rest of the world. After the US, Europe was the first to experience the negative impact of the crisis. This paper...
The development of emerging markets over the past 20 years
Thesis - 7 pages - Economy general
In 2007, the Gross Domestic Product (GDP) in emerging countries was over 50% of global GDP. Today, the world is divided into four categories of countries: rich countries, those with average income and rapid growth, those with average income and slow growth, and poor countries. Emerging markets...
The economic development of the world since 1945
Thesis - 8 pages - Economy general
Since 1945, the world has experienced a period of growth which, although slowed down since 1973, has nevertheless continued until today. However, the size, pace and character of this growth has changed over a period of time and is different for different countries. What factors explain this...
The future of China in a global context
Thesis - 4 pages - Economy general
The People's Republic of China, more commonly known as China is over 9.6 million square kilometers and accounts for more than one fifth of the global population. China is also a demographic giant as this country has more than 1.3 billion people. Beijing, the capital of china, is one of the...
Two centuries of economic growth: Europe chasing the American frontier (Robert J Gordon)
Thesis - 6 pages - Economy general
This paper deals with the gap between the economic developments of the United States with respect to the main Western European Countries in the last two centuries. In the mid-nineteenth century, Europe and the U.S. had similar GDP and productivity levels. However, over a period of time the...
Mankiw's ten principles of economics
Thesis - 4 pages - Economy general
Economic principles refer to the ideas that govern the “principles of economic life”. According to Harvard Professor N. Gregory Mankiw, these principles may be consolidated under 10 heads and refers to how the economy works and what factors influence the economic decisions of people....
Dooms day in Europe
Thesis - 4 pages - Economy general
The advent of globalization has significantly reduced the international trade barriers. However, we have fallen prey to a host of other related issues as well. One major issue is the recent financial crisis which was triggered off by the stock market crash of January 21, 2008. It started off with...
An overview of the World Bank
Thesis - 6 pages - Economy general
In April 2007, a scandal broke out around the president of the World Bank, Paul Wolfowitz. He had granted a salary increase of nearly 50% in 2005 to his girlfriend, Shaha Ali Riza. This salary hike was double the amount allowed under the employee guidelines. Beyond the depravity of the character,...
Free trade in the global scenario
Thesis - 6 pages - Economy general
After the English Economist David Ricardo proposed the theory of comparative advantages, economists were confident of the superiority of free trade that they called it a 'law'. However, for the last twenty years, free trade has been questioned. This questioning trend has its roots in the...
The need to protect the U.S. banking sector
Thesis - 5 pages - Economy general
The Organization of Economic Co-operation and Development (OECD,) presented its analysis of the American financial crisis in the summer of 2008 as “The turmoil faced by the financial markets is increasingly showing signs of calming down. “ Contrary to this optimistic forecast, the U.S....
The housing market and the real estate industry in the United Kingdom
Thesis - 5 pages - Economy general
The housing market today stands out as the sorted out scope of business venture which caters to the needs of a variety of customers, whose participation is been increasing over a period of time with big players dominating the market. Housing is one of the most basic necessities and such a...
American business in the age of the modern corporation: Government, infrastructure and the corporation
Thesis - 4 pages - Economy general
When analyzing the history of the American corporation, it is tempting to believe that the cause of the rapid rise of large, hierarchical corporation, in a highly concentrated industry is over determined. Historians have advanced theories that explain this “corporate revolution” as...
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...
ICT and economic development: Analyzing Thailand's path to the information economy
Tutorials/exercises - 13 pages - Economy general
This analysis of the development of Thailand's information economy places particular emphasis on its ICT and social infrastructure development. Drawing upon lessons learned from similar development trajectories in Ireland, China, and India we develop a set of guidelines for Thailand to consider...
Canada as a global leader to lessen the gap between wealthy and poor nations
Thesis - 3 pages - Economy general
In 2006 there were malnourished people living in eighty countries around the globe. During this same period, as the world experiences its greatest wealth ever in history, 40 000 people, daily, die from hunger. With such a staggering disparity the world can no longer question if inequality...
