Is the World Trade Organization (WTO) in crisis?
Thesis - 4 pages - Economy general
The World Trade Organization succeeded the General Agreement on Tariffs and Trade (GATT) in 1995. It aims to dismantle trade barriers and harmonize trade rules to allow all states to benefit from global trade and promote their growth. While at first the advent of the WTO was accompanied by a wave...
The functioning of the Central European Bank and the American Federal fund
Thesis - 3 pages - Economy general
The European Central Bank and the US Federal Reserve: These are two institutions that operate the two most important monetary policies in the world: the euro and the dollar. An essential function of a Central Bank is to regulate the evolution of money supply and interest rates, but one must not...
Keynesian theories regarding unemployment
Thesis - 4 pages - Economy general
According to Samuelson, "Keynes's influence on the course of the economic analysis was the most significant event of economics in the 20th century." In his seminal work, 'The General Theory of Employment, Interest and Money (1936)', we learn just by reading the title, that Keynes...
The Chinese cosmetics market on the internet
Market study - 50 pages - Economy general
With 1.322 billion people, China is the most populous country in the world and thus the largest market in the world. Although it has a communist past of the Soviet model, since 1978 the Government of the People's Republic of China has reformed its economy in order to gradually open the market...
'The monetary history of the United States', chapter 7: Great Depression, 1929-1933 (Friedman and Schwartz)
Book review - 5 pages - Economy general
The Great Depression is considered as the most severe economic depression in the history of the United States. In terms of the economic and monetary unions, it had meant: a decrease of more than half of US GDP (current prices) and over a third of US GDP (constant prices) between 1929 and 1933 - a...
The subprime crisis in the United States and its impact on the European financial markets
Thesis - 91 pages - Economy general
It was in February 2007 that the current financial market crisis was revealed to the United States. Institutions specializing in subprime loans announced their first losses and provisions. The financial experts compiled several scenarios. Was this a temporary crisis that would correct the...
Cognac in China
Thesis - 3 pages - Economy general
Today, the consumption of cognac in China is booming. Between 2006 and 2007, this market had increased by 74.2% in China and is now the 4th largest market in terms of global consumption. However, it remains a product which is synonymous with luxury, and therefore is priced at a premium rate. In...
Economic Growth and Development of Space in Singapore (2004)
Thesis - 5 pages - Economy general
The world in which we live is constantly changing, whether it is the movement of people from place to place, activities or, more virtual capital. These movements are combined with changes in the environment in which they operate. This combination led governments to adapt as things kept changing....
The European project of ecotaxes
Essay - 12 pages - Economy general
In October 1991 the European Commission sent the Council a draft action program called the European project of environmental taxes that encouraged members of the European Union to introduce environmental taxes. This project was a sustainable development policy to tax the polluters to make them...
A market research on the internet
Market study - 16 pages - Economy general
'Market research is the identification, collection, analysis and exploitation of data and information relating to a marketing problem to provide information to make better decisions'. Market investigation has also been defined in a report of 'The Definition Committee in the American...
BRIC (Brazil, Russia, India and China) and the global economy
Thesis - 11 pages - Economy general
BRIC is an acronym that refers to the countries Brazil, Russia, India and China. According to a paper published by Goldman Sachs in 2005, these countries have been growing rapidly, and will continue growing rapidly for the next fifty years. By the year 2050, the combined economies of the BRIC...
Underground Economy in the European Union: Moonlighting
Essay - 24 pages - Economy general
The black market, also known as the underground economy, has a substantial arsenal of words to describe it: black economy, illegal economy, unreported, unrecorded, ghost, invisible economy etc. Undeclared work also falls into the category of underground economy. This consists of different...
Customer Relationship Management (CRM) and e-Commerce
Dissertation - 56 pages - Economy general
The twenty first century has seen a lot of changes in the business world. New business models have been developed, networks have increased, and certain concepts have evolved and become indispensable. Before the arrival of supermarkets, people used to shop at their neighborhood grocery store. But...
Electronic Commerce and the Purchase Behavior of a French Consumer
Dissertation - 99 pages - Economy general
The purchase behavior of an individual can be broken down into several stages, which are determined by the purchasing individual, the product and the purchase situation. When the consumption pattern is weak, the perceived risk will be high. e-commerce also falls under the same framework. The...
French language as a tool for trade facilitation in West Africa
Essay - 7 pages - Economy general
The French language is important for trade relations. In the case of ECOWAS, no study has been undertaken to establish this to facilitate trade. ECOWAS is one of the economic blocs in West Africa which was founded on May 28, 1975, in order to promote cooperation and integration among West African...
Toyota: How trade barriers can affect the firm's strategy in terms of marketing operations
Thesis - 10 pages - Economy general
Automotive industry is recognized as one of the most global of all industries. “On a global level, the assets of the top ten multinational automotive enterprises represent 28% of the assets of the world's top 50 companies, 29% of their employment and 30% of their total sales. In 1999, four...
The export of cosmetics to China
Thesis - 20 pages - Economy general
China is a growing country that deserves a closer look to help explore all the opportunities it offers. Indeed, trade in China has a huge scope of development due to the decentralization and liberalization of 1978 and especially since its entry into the WTO in 2001. In spite of many inequalities...
The automotive market in Russia
Thesis - 20 pages - Economy general
"Russia will become the largest car market in Europe in the next two years”, said Carlos Gohsn (2008), CEO of Renault of France and Nissan of Japan. For both its macroeconomic and social policy reasons, Russia is growing. In 2007, all sectors of the Russian economy had seen steady and...
The productive forces of United States of America
Thesis - 32 pages - Economy general
The GNP of United States is the highest in the world, at $10,946 billion in 2004, substantially higher than the EU-25 ($9449 billion, including $1523 billion for France) and two and a half times higher that of Japan ($4390 billion). The GNP per capita remains the fourth highest in the world, with...
Money laundering
Thesis - 5 pages - Economy general
According to the International Monetary Fund (IMF), money laundering annually represents more than 600 billion dollars worldwide. Criminal activities like drug trafficking, arms smuggling or prostitution rings also generate very high profits. However, the money earned illegally is of little use...
Global consequences of Chinese growth: Impact on the world economy
Thesis - 25 pages - Economy general
Over the past decade, the People's Republic of China has been pursuing an average annual growth of 9%. It has now become the 4th largest world power after the United States, Japan and Germany, but ahead of France and the United Kingdom. However, China currently accounts for only 5% of global...
An analysis of the crisis in US economy
Thesis - 33 pages - Economy general
Until the early 21st century, developments in America seemed to contradict the thesis of "decline". The most famous example is that of Paul Kennedy, who predicted in 'Rise and Decline of Great Powers' (1987), the end of American hegemony. However, the early 21st century is marked by...
Has a third oil crisis emerged? (January 2007)
Thesis - 13 pages - Economy general
Within a time span of twenty-seven years between 1973 and 2000, the global oil market has been shaken by two major unexpected “shocks”. In this context, it is worth recalling the definition of an oil shock, that is often confused in the minds of the public. This phrase has been used to...
The war between Honda and Yamaha
Thesis - 3 pages - Economy general
In the 1960s, the Japanese market could have been defined as fragmented, where sources of competitive advantages were numerous but was easily imitable. Barriers to the entry are low and market positions are unstable. Indeed within 5 years, Yamaha managed to dethrone Honda Tohatsu. With the high...
The market for French luxury goods in China
Thesis - 19 pages - Economy general
With a growth of 9.5% per year, the Chinese economy is experiencing a period of unprecedented economic success. This success is accompanied by a dramatic increase in the purchasing power of part of the Chinese population. Therefore, the Chinese market is becoming increasingly demanding for luxury...
Counterfeiting in China: A global crisis
Thesis - 25 pages - Economy general
Counterfeiting now represents 5% of world trade and is a growing business especially in the recent years. China has its share of responsibility in this phenomenon. China is now regarded as the leading counterfeiter in the world despite the fact that the figures may not be accurate and verified....
Market Overview: India's Automobile Industry
Market study - 10 pages - Economy general
India's automobile industry holds many opportunities for profitable foreign investment. I believe we can find success by expanding our company's market into India. The recession has impacted the growth of the automobile industry worldwide, not excluding India, but India's market proves to still...
Tourism: Las Vegas
Thesis - 11 pages - Economy general
With a total $800 billions turnover, the tourism market is more and more competitive. Each destination around the world has to find significant differentiation to appeal to new visitors and/or increase loyalty among their current “fans”. Las Vegas is one of the most famous tourist...
Can A New World Currency Displace The Dollar?
Thesis - 2 pages - Economy general
In the article “China suggest an end to the dollar era2”, The Economist outline the fact that, “in the future, changes to the international system are likely to be shaped by Beijing as well as Washington”. To replace the current system, Mr Zhou Xiaochuan, the governor of the...
Factors that determine the health of a Nation's economy
Thesis - 3 pages - Economy general
A budget deficit occurs when the government spends more money than it brings in. Every year the government prepares an annual budget and this budget assumes that a certain amount of money comes in through taxes and other sources. The government then spends the money on a large group of programs...
