The Western growth systems: the role of innovations
Essay - 8 pages - Economy general
Joseph Alois Schumpeter (1883 - 1950) is one of the most well known economists of the XXth century, namely thanks to its work on innovations. One of the theories he develops is the one called creative destruction. So, in our study of the Western growth systems and the role of innovations in this...
Internet usage in African countries: Empirical study on the antecedents of internet usage in developing countries
Essay - 12 pages - Economy general
This research first investigates the relationship between the gross national product and the amount of internet usage (per 1000 people) in the 51 sample countries from Africa. It indicates that the outlier countries in this case, i.e. countries that have an extraordinary high amount (in this case...
Is the Common Agricultural Policy indispensable for the future of Europe ?
Essay - 16 pages - Economy general
The CAP has long been a stumbling block among EU members. Last year, Jacques Chirac strongly opposed Tony Blair's proposal about the CAP. Indeed, France is the country which receives more agricultural subsidies while the United Kingdom does not get any concern in the agricultural policies. The...
The United Nations urban growth projection and its impact on urban development and regional disparities in India
Essay - 8 pages - Economy general
The United Nations Population Division (UNPD) has been publishing and revising its World Urbanization Prospects since 1991, the latest being the 2002 revision, and this has become a popular source of data and analysis of the past, current and future proportion urban in each country, region or...
Macroeconomics: Overview of the South African economy
Essay - 4 pages - Economy general
The most powerful and the most developed economy of the continent, South Africa produces one fifth of its entire production. The gross domestic product (GDP) is four times that its southern African neighbours and covering around 25% of the entire continent's GDP. Following the expansion of the...
Trade unions in Northern Europe
Essay - 11 pages - Economy general
Among the five countries where the unionization density is currently the highest in the world, four are Nordic European ones. Sweden (78%), Finland (74.1%) and Denmark (70.4%) constitute the group of the most unionized countries, far beyond Belgium (55.4%) and Norway (53.3%). Austria is ranked...
The Chinese economy at the beginning of the 21st century
Presentation - 30 pages - Economy general
An unique party into a socialist republic. The communist party of China is the ruling party also know as the CCP Chinese communist party of China. Progressively the CCP has tried to reform the economy from a centrally planned economy to a market oriented economy. China is still in the 21st...
Direct investment in Turkey (2006)
Essay - 11 pages - Economy general
We are currently investigating an investment proposal concerning the chocolate confectionery sector, in Turkey. Specifically the analysis concerns the chocolate tablets production. Below follows an explanation of the elements of the investment decision, the general aspects of the Turkish economy...
Asymmetry of information
Essay - 6 pages - Economy general
In economics, information asymmetry occurs when one party to a transaction has more or better information than the other party. (It has also been called asymmetrical information). Typically it is the seller that knows more about the product than the buyer, however, it is possible for the reverse...
Macroeconomic events before and after Argentina's 2001-2002 currency crisis
Essay - 5 pages - Economy general
In practice economical balance is unachievable. Stabilization conditions that many scholars and economists claim are but fleeting status of the economy. Some of the major crises around the world including the US stock market collapse, Asian financial crisis, Latin financial crisis and recently...
Asian pacific business since 1997: Samsung and South Korea
Essay - 11 pages - Economy general
Everybody knows Samsung, Toyota, Sony, LG or even Hyundai which are very famous brand all over the world. Those very successful companies have similarity. Indeed, all of them come from the Pacific Rim. The Pacific Rim is defined by "far Eastern countries and markets bordering the Pacific Ocean,...
E-Commerce in France compared to other developed countries
Essay - 11 pages - Economy general
Today the Internet might be viewed as having a huge market potential capable of covering the population of the whole world. This is why electronic commerce or E-Commerce is so attractive for many traditional businesses. E-Commerce consists of the buying and selling of products or services over...
The Meiji era: The opening of Japan to the West
Essay - 8 pages - Economy general
In the Westerners' mind Japan remains a country which sometimes presents an extreme modernism (with the painful consequences which one knows nowadays). On the other hand, Japan tries to preserve the old traditions which make imaginations wander and return us to the novels of Pierre Loti. This...
What kinds of strategies are used by local authorities to attract foreign direct investment in Morocco?
Essay - 5 pages - Economy general
Morocco is officially named the Kingdom of Morocco. This is a country located in Northwest Africa. It borders Algeria to the east, the Mediterranean Sea and the Strait of Gibraltar to the North, the Atlantic Ocean to its West and Mauritania to its south. It has a population of 33,757,175 and a...
Contemporary international finance and East Asian economic integration
Essay - 12 pages - Economy general
The “Current Account crisis” is a particular type of external debt crisis that affects mostly low-income developing countries. It is characterized by a huge deficit in the current account balance which provokes a Balance of payments deficit and a currency crisis. A current account...
Microeconomics, main concepts for an economy study: capital formation, production, consumption, employment, credit multiplier, money demand, money supply, prime rate, Keynesian transmission mechanism, exports, imports and government expenditures
Essay - 7 pages - Economy general
Financial investment and interest rates have a positive relationship. Financial investment represents investment in bonds or shares or money saving in the bank. If the interest rate increases, the return of investment will be better. You will get more return on shares (or bonds) and earn more...
Bretton Woods Institutions (IMF and World Bank): history and modern situation
Essay - 12 pages - Economy general
To go out of the chaos caused by World War 2, countries had to set up new institutions liable to restore a stable and durable international order. This reconstruction was led by the United States of America and its allies. From 1941, in the Atlantic chart, the allies wanted to affirm again the...
The role of trade in the economic development of Eastern Asia
Essay - 5 pages - Economy general
At the end of the last century, Hong Kong, Singapore, Taiwan and South Korea attained higher rates of economic growth than other developing countries. It could be because of a close correlation between export expansion and economic growth, but are they automatically associated? What is the...
Brazil as an emerging market and the importance of Foreign Direct Investment (FDI)
Essay - 5 pages - Economy general
With its free market and export-oriented economy, the Federal Republic of Brazil is currently the leading economic power in Latin America as well as a strong regional leader. The country is nowadays attracting many foreign direct investment (FDI) inflows thanks to efficient macroeconomic reforms...
International economics: The World Trade Organization
Thesis - 9 pages - Economy general
Pascal Lamy, General Director of the WTO recently said that “negotiations towards a conclusion to the Doha Trade Round are 70% complete”. Indeed, the WTO trade talks have not been efficient over the last few years. Lowering agricultural and industrial tariffs, reducing subsidies in...
Distinguish between equilibrium and cyclic unemployment, and outline the private and social costs associated with each type
Essay - 4 pages - Economy general
Unemployment is seen as a plague in many countries. Plus, we are often told about how to tackle it and given some figures spelling the number of unemployed people. But what does this really mean? Governments do not tell much about unemployment's features and the real consequences it entails....
The role of e-commerce within the global economy
Essay - 3 pages - Economy general
Nowadays, the business world is driven by two economic trends: globalization and the adoption of information technologies. Those changes are entirely linked. “Technology is both driven by and a driver of globalization, as both forces continually reinforce one another” (Bradley et al.,...
Why are ASEAN institutions weak and informal? Is this likely to change?
Case study - 4 pages - Economy general
The Association of Southeast Asian Nations (ASEAN) is generally viewed as the most successful inter-governmental organization in the developing world. This association has grown over the year to include all the countries in Southeast Asia, except the newly independent East Timor. Today, the ASEAN...
Failure of Social Security
Essay - 6 pages - Economy general
Since the era of what is known as Reaganomics, this country's social security has been in jeopardy for some time. Our forefathers wanted our government to be able to aid in the comfort of our golden years. This generation of baby boomers may be the last ones to benefit from our founding fathers...
The hospitality industry
Essay - 6 pages - Economy general
In today's highly competitive business environment, budget orientated planning is insufficient for a large corporation to survive and prosper. Indeed, rapid-paced changes in trade, technology and investment patterns are elements that are impacting each business in one way or another. That is...
Financial markets in Emerging Economies: Comparison with developed economies
Essay - 12 pages - Economy general
The financial markets of emerging economies have seen a huge growth in the last few years. These markets are attracting large investments from the developed world, especially because of higher expected return. At the same time; investments in emerging markets are considered to be riskier than the...
Anti-dumping: A growing problem in international trade
Essay - 13 pages - Economy general
Since the signing of the General Agreement on Tariffs and Trade (GATT) in 1947, free trade has been widely adopted and has enabled countries to enjoy prosperity. It was aimed to foster free trade by reducing tariffs and by settling an international mechanism to solve international trade disputes....
Is the Lisbon strategy an unattainable project?
Essay - 8 pages - Economy general
In March 2000, the European Union Heads of States and Governments met at the European council of Lisbon. This statement was the basis to what is called the “Lisbon strategy” or “Lisbon process/agenda”, a politic but mostly economic development plan for the members States of...
The Chinese century, the rising economy and its impact on the global economy, the balance of power, and your job, Oded SHENKAR, 2005
Essay - 7 pages - Economy general
China is at the heart of the present-day economic debate. China is indisputably booming economically. Its enormous growth rate attests of this evolution; all economists agree on this assertion. What seems more debatable at the moment is the impact this rise could have on the global economy, and...
Growth and development: Case study of Rahmqvist
Case study - 23 pages - Economy general
We will in this thesis examine the growth and development opportunities for Europe's largest organisation within direct sale, i.e. Rahmqvist. The empiric will be analysed and evaluated with a base of theories. The main bottom theory used is the SWOT analysis, but in order to make a more thorough...
