Political and Business Environment in Columbia Columbia is a country situated in Latin America. It has many market opportunities that ensure growth in investment and exports, which are fueled by good combination of business policies, political and economic stability, a flourishing government-led safety and security strategy and a diversified economic...
The economic impact of professional sports Sports are a good means of creating a distraction away from stressful aspects of our lives. Sporting events have their own roles in different cultures and have a way of bringing the people together. Advertisers and sponsors have seen this as an opportunity to...
List of Abbreviations AG = Auditor General BMA = Bayesian Model Averaging BNI = Bureau of National Investigations CAG = Controller and Accountant-General CAGD = Controller and Accountant-General’s Department CBI = Central Bank Independence CIDA = Canadian International Development Agency CPI = Corruption Perceptions Index DACF = District Assemblies Common...
Introduction It is pertinent to mention that adequate production of electric energy is a key sustainable development parameter that cannot be ignored at all. As a matter of fact, power production in the developed world such as European states and United States of America has been sufficient for a considerably...
Introduction to the Study The history of regional economic integration among the Central African States dates back to many years, before and after independence (Adepoju, 2002). Adepoju (2002) and other authors provide empirical evidence, which shows that many of the states convened and ratified different treaties, which include the Economic...
Introduction General overview of the shift shopping culture Dubai, one of the fastest growing cities in the modern world, has experienced a rapid change in its business culture over the last few decades. The retail sector is one of the most significant sectors of the city’s economy that has experienced...
Introduction The United States and China are the world’s largest economies and they have had a positive bilateral trade for many years. China is home to about a third of the world’s total population. This is a large market that cannot be ignored by the United States. On the other...
Introduction The idea of free trade has been embraced worldwide owing to the vast believe that it leads to profound economic benefits such as creation of employment, foreign exchange gains, and proficiency of production (Rivoli 2005). Many countries, including the rich and developing ones, have entered into the unions where...
The majority of the natural disasters have a serious impact on the economy. These include hurricanes, earthquakes, floods, and many other natural calamities. For any given corporation, the damage is rather evident – natural disasters destroy equipment and buildings. Moreover, it can also influence human capital and worsen production capacity...
Natural disasters pose numerous threats to the normal functioning of the society. Aside from the more obvious physical destruction they are associated with, these events often create long-term negative impacts on the economic development of the region (Benson & Clay, 2004). In the areas that are more prone to the...
Natural disasters constitute a serious detriment to the development of society. In addition to the obvious physical threat associated with these events, numerous effects are attributed to them that undermine the quality of life of the impacted population (Marshall & Schrank, 2014). The areas that raise greatest concerns are the...
As of today, there is no universally accepted definition as to what Neoliberalism (which is both an established theory and business philosophy) stands for. Partially, this can be explained by the fact during the recent few decades, the Neoliberal socioeconomic paradigm has undergone a qualitative transformation, which resulted in spawning...
Introduction Over the past few years, the European banks have struggled to gain traction from the negative impact of the 2008/2009 recession. Subsequently, most European countries are characterized by slow economic growth in addition to tightening the regulatory environment (Putnis 2014). Furthermore, banks are under intense pressure to minimize risk...
Introduction The global banking system has gone through turbulence over the past few years due to diverse macroeconomic changes. Subsequently, banks have experienced inadequate high levels of capital. Strong capital requirements comprise one of the fundamental conditions in promoting stability within the banking industry (Barth, Caprio & Levine 2006, p....
Executive Summary Recent economic crises have highlighted the failures of current economic policies in expanding and improving the efficiency of international trade. This paper investigates the failures of international monetary policies and their effects on global commerce. It also explores the effects of introducing a currency basket as an alternative...
Introduction In a world where economies have become interdependent, nations have been forced to put in place measures that will help to stabilize and safeguard their economies from international disruptions that are common today. Among the many economic approaches that governments adopt in their quest for protecting domestic economies, monetary...
Support for US to shift from exports to foreign direct investment According to Elton et al. (2003), foreign direct investment encompasses the aspect of multinationals whereby an organization or an entity is controlled in its host country by the entity or organization in the home country. Foreign direct investment is...
Opening the U.S. to International Trade Opening of the United States to international trade has provided a lasting welfare-enhancing impact on its citizens and growth of its economy. According to Appleyard, Cobb and Field (2014), each country is uniquely endowed, and for this reason, it is necessary to maintain trade...
Introduction Financial markets are characterised by diverse modes of transaction. Particularly, market variations are noted in the degrees of performance and participation in financial dealings. The diversification of such markets can also arise from the competitions that exist within the global business environment. Due to such diversities, it is important...
Introduction Trade is one of the activities that foster the growth of the human society. Since the time immemorial, people have used various trade systems with an aim of exchanging surplus commodities amongst localities. This essay discusses the classical theory of trade with respect to Ricardian comparative advantage and influence...
Introduction Global corporations are sophisticated institutions, which organize their business with the goal of delivering value to their different stakeholders. To permit quantification and exchange of such value, financialization becomes important. Diverse views exist on how and the manner in which multinational and national corporations have evolved to take their...
Australia Overview of the Banking Sector of Australia Current Market At present, the banking sector is the main contributor to Australia’s national economy; however, this industry has recovered financial strength from the adverse impact of economic downturn and experienced continuous growth from the fiscal year 2011. At the time of...
Abstract Chapter one of this study seeks to address how the world economic geography concept evolved. Additionally, evidence of a correlation between manufacturing wages and proximity to demand will be analyzed for a specific duration of time, in this case for 23 years. The study utilized trade gravity equations data...
Agricultural Subsidies It is a fact that resources are not equally distributed among nations. Some countries experience economic growth, while others have their citizens suffer from the lack of food, water, housing, and other necessary goods. The modern trend of globalization pushes many nations to interfere with each other in...
Introduction CSR is a term used to describe the relationship between individual entities and the society. These entities may be people, that is, workers, employers and entrepreneurs or it can be firms. It depicts the relationship amongst people, people and firms or firms and other firms. The relationship between the...
Introduction This research paper has critically illustrated the perceptions and attitudes of the contemporary art market connecting the process of constructing value and factors touching the investor’s motivation in the international market that emerged and experienced during present and past three decades. To examine and explore these issues, this research...
Case Assignment Today, millions of students can get a free education in American schools, colleges, and universities. Much attention is paid to the process of how the public school system is developed and performs its main task that is to educate people of different ages (EdSource, 2007a). Many types of...
Businesses normally face a lot of price demand curves in their day-to-day operations, although a few rarely know the implications of such demand curves. It is however important for businesses to have a clear picture of what such demand curves mean, in order for them to make important decisions regarding...
In making different managerial decisions, organizations usually consider varied factors, which fit well to the current position of the organization and do not jeopardize its position in the future. Among the most important factors that an organization may consider is the market structure in which it operates. However, the decisions...
Introduction The term ‘hydrogen economy’ was formulated about the use of hydrogen as a source of energy to replace the current reliance on fossil fuel. In the 1970s, the need for clean energy and the rising cost of fossil fuels led to a spirited search for a cleaner but more...
Introduction The modern economic and geopolitical landscape of the world is changing. With the rising importance of globalization, no country can exist without forming any lasting bonds with others. International trade brings great benefits along with the risks of existing in a large, globalized system. The Kingdom of Saudi Arabia...
Introduction Economics enables us as human beings to be able to make wise choices regarding how we use the scarce economic resources available in the world today. This is true because there is few resources available today than what is demanded by the world. Usually, choice is normally accompanied by...
So-called “off the books” economic practices such as cash payments, undeclared taxable income, and the drug or illegal arms trade combine to create a “shadow economy,” money that changes hands “under the table,” beyond the purview of taxation controls and governmental regulations. Not all of these business practices can be...
Economics is a subject that examines the behavior of different economic agents as they try to achieve their objectives in the face of resource constraints. Resources are scarce and therefore economic agents need to make choices. The process of making choices is important because it determines whether or not the...
Introduction An open economy struck by an exogenous adverse supply shock may be analyzed from at least two perspectives: fixed exchange rate regime, and floating exchange rate. Therefore, the possible outcomes of the regarded struck will depend on the economic regimes, as well as the inflation level of the currencies....
Introduction Over the past decade, economic analysts have shifted attention on a new emerging trend in the world economy. Technology is rapidly affecting nearly every aspect of human lives. Due to advances in communication and information technology, the world has revolutionized nearly beyond recognition in the past five decades. Despite...
Literature Review A perennial question in the study of the effects of war is its effects on the world economy and financial markets (Addison 8-9). This section of the paper explains what other researchers have said about the research issue. Key sections of this literature review explain how regional conflicts...
Background and motivation A number of deficiencies exist in literature concerning the role of social capital in the process of technological innovation and economic growth (Noteboom, 1999). Commercialization of innovations by universities has taken center stage in the recent past. Bay dole act and a series of other university reform...
The impact of such processes as globalization, industrialization, and migration cannot be ignored in modern society. Even the most isolated nations underwent considerable social, economic, and political changes during the last several centuries, and China is not an exception. After the death of a great political leader, Mao Zedong, Deng...
An Overview of the Index GDP or the gross domestic product is the combined value of the final products and services generated in a country within a particular duration, usually annually, and production levies less any subsidies or grants.1 GDP per capita is expressed in purchasing power parity (PPP) based...
Introduction Consumer Reaction and Income Level Consumer reaction is a standout among assets for enhancing an association’s quality control and customer satisfaction. While it is customary to receive feedback from unhappy customers, every department of an organization creates an opportunity for customer reaction. As a result, weak links within each...
Introduction The world has gone through periods of economic and financial crises at different points in recorded history. These crises has been attributed to events such as the collapse of the American real estate market circa 2008 which led to the recent economic recession that spread to other parts of...
Introduction Market equilibrium mechanism functions best when all suppliers in the market are aware of other suppliers’ price offering. In addition to that, all buyers know the market price at any given time, and are able to make informed decisions regarding their choice of seller. Market equilibrium prices are a...
Introduction Few of us would disagree that there is an urgent need to reform our health-care systems. The ever soaring health care costs indicate that the current health-care plan is unsustainable. Having seen the need to reform their health sector, multiple governments are now incorporating alternative and complementary medicine into...
The current state of the US economy is taking a diving move due to the financial and economic crisis. The present administration came into supremacy with a lot of optimism from the American people when President Obama staged his campaign with a promise of change, but there has been no...
Introduction The United States belongs to the number of countries with the most developed economies. It maintains trading relationships with largest producing countries all over the world, buying and selling great quantities of essential goods. The paper is aimed at reviewing the most recent statistical data on foreign trade links...
The current state of the US economy does not meet the expectation of many citizens. There was a lot of optimism when president Obama came into power in 2009 but there has been no significant change according to various economic indicators. According to the Bureau of Economic Analysis estimates, the...
Research topic: How effectively does the establishment of indebtedness law deal with rural and urban indebtedness in Sri Lanka? Introduction Sri Lanka gained independence in 1948 from Britain. In the post-independence period, the country has witnessed growth and transformation of its main economic aspects especially in the rural areas (Lea...
Abstract International trade refers to trade among countries; it is an important element in globalization. However, international trade is faced with barriers to trade imposed by governments in their efforts to protect their economies. Barriers are both trade and non-trade barriers. These protectionism barriers end up hurting the same economy...
Abstract The purpose of this paper is to analyze the impact that geographic scope has in influencing the values of multinational companies (MNCs) based in the US; it does this by retrospectively examining the data for US-based multinational companies for one year in 2006. The intention is to explore the...
Introduction Greece is one of the European countries that were adversely affected by the recent financial crisis. Its financial markets experienced a lack of sufficient credit facilities and liquidity (Althanassou 364). The government, on the other hand, had a huge budget deficit. At the moment, the government is heavily indebted...
Introduction Background Information The World Trade Organisation (herein referred to as WTO) traces its roots back to the late 1940s. It was formed by the General Agreement on Tariffs and Trade (herein referred to as GATT) between various countries. The agreement was signed in the year 1948 (Tarr, 2011). The...
Executive Summary The housing market in the UK is very volatile and has been found to have strong relations with macroeconomic indicators and monetary policy. The housing market has gone through cycles of boom and bust, which coincided with the business cycles of the economy (Ewinga & Wangb, 2005). Two...
Introduction Saudi American Bank, currently referred to as Samba Financial Group, is a leading financial institution in Saudi Arabia. Started in February 12, 1980, this bank has grown and currently has branches in United Kingdom, Pakistan, Dubai, and many other regions in Asia. In Saudi Arabia alone, the bank has...
Introduction Armitage and Nye define the concept of power as “the ability to influence the behaviour of others to get a desired outcome”.1 In the globalizing world, the countries begin to interact with one another more often and more closely. Over the course of the centuries, it was demonstrated that...
Introduction Dubai Emirate is located along the Arabian Gulf is the second-largest member of the United Arab Emirates by its area and also its population of about five million people. Dubai is classified as one of the fastest developing economies in the world boasting an US$ 82.11 billion economy. Presently...
Introduction The focus of the above study is to find out the actions of Saudi Banks to assist in social responsibility and environmental practices. The other key focus is the importance of such actions from the perspective of the banking clients in Saudi. Examination of the current attitudes, applications, trends,...
While carrying out qualitative research, one is likely to come across different or even conflicting points of view concerning the subject at hand. It is therefore very important for research to look into the different points of view before coming up with the most appropriate conclusion. It might not be...
Introduction Austerity measures are those measures or policies put in place (by a government) in order to aid in cutting down the deficit. It also helps lower the spending. These measures ensure that the number of benefits offered to the people and the public services rendered is reduced. Governments require...
Abstract Commercial banking in Sri Lanka has entered a new era, thanks to the formation of perceptible good governance, a strife-free business environment and hopefully, a progressive minded civilian Government at the helm of affairs. This being said, it is necessary to consider the aims and objectives of a research...
Amnesty International As an international movement, Amnesty International (AI) has close to 3 million supporters and other active affiliates located in over 140 countries. The main objective of the organization is to crusade against gross maltreatment of human rights. In addition, Amnesty International is dedicated in making sure that the...
Educational and Professional Background Dr. Elinor Ostrom is an American born political scientist who is credited for some of the most influential ideas in the realm of economics and governance. She was born in the city of Los Angeles in the year 1933 to Leah Awan and her Jewish father...
Introduction Current cultural markets undergo a number of considerable challenges and improvements with the help of which people are able to use their knowledge, experience, and ideas to contribute the chosen sphere. There are many sources which explain how changes in different spheres may influence one particular industry and define...
Introduction The connection between economy and education has always been inevitable because these two spheres of human activities are interrelated and interdependent. The contemporary society may be defined as a society of the future due to numerous innovations which are invented daily and which help this society to develop. According...
Introduction The use of fossil fuel brings about environmental pressure as well as pressure on international relations. The strains that occur on the environment like the occurrence of the acid rain, the increasing problem of global warming that brings about change in the climate, and the occurrence of smog are...
Introduction Oligopoly market structure consists of few sellers who sell homogenous products which are differentiated in the eyes of the buyers. In South Africa, petroleum industry is an example of an oligopoly market because it has few sellers who serve the whole market (Thompson 2001). These sellers include Total South...
Outline The general area of investigation is the sphere of political economy, the principles and tendencies, which are observed in the global processes of political economy. Originally, political economy is the sphere of the economy, which is obeyed to political necessities and relations within and among countries. As for the...
Introduction This paper will focus on the current economic state of the UK after the global economic turn down. The global economy is just recovering from the global economic crisis that resulted from the high debt burdens on the consumer following the “easy money policy” (Hm Treasury, 2009). This paper...
The perfect location is a vital component in the success of a business. The right location gives a company access to transport, labour, customers and raw materials. It is a critical element in a company’s setup plan which should be part of its whole corporate strategy. While market size is...
The issues of poverty and inequality have always been burning in human society. Some people earn more money and display higher wealth levels, while other experience a lack of money for living, education, health care, etc. Indonesia, as a developing country, is not an exception because inequality can be observed...
Abstract There are indications that Islamic banking is tremendously gaining popularity and expanding fast when compared with the other mainstream banks. Research indicates that even as a majority of the other banks were hardest hit by the ongoing global economic crisis, none of the Islamic banks closed down. There are...
Environmental problems that humanity now faces and the necessity of their urgent solving lead to the idea that the environment can no longer be viewed as an entity separate from the economy. A thorough analysis of contemporary environmental issues from the point of view of economic effects and the impact...
Abstract Today, China literally becomes a talking point at all international forums. Besides some other issues involving human rights, Tibet, Taiwan etc. the rapid progress made by the country on the trade and industry front has provided a leading edge to China. China has seen remarkable growth in its economy...
Introduction The economists did not pay much attention to the problems of family up to 1950. But since that time the economic analyses is used to explain the choice I marriage, the reason for divorce, the number of children in the family, the size of investments in to the capital...
Abstract China boasts of being the third-largest economy around the world following the United States and Japan and has a gross domestic product of US$ 3.7 trillion in this year’s statistics which are attributed to the exchange rate terms. China is also placed a strong number two in economic prowess...
Introduction Economical innovation on different levels has become a subject for discussion lately. The importance of this phenomenon is hard to overestimate; while the economy of every country is constantly developing, innovation is one of the main processes which signal this development. Some of the branches may need more time...
Current research represents a comprehensive analysis of Phoenix, Arizona’s downtown infrastructure including existing elements and future projects of its modernization and revitalization. There is no denying the importance of the fact that public administration both in theory and in practice is characterized by the perception of City as a complex...
Introduction Developing countries also referred to as third world countries may be described as having low levels of economic development including income levels and industrialization. Over the years, transnational corporations have diversified their operations to developing countries causing various effects, both positive and negative, for instance, the economic development and...
A brief and comprehensive summary of the proposal The United Arab Emirates has emerged as a safe haven for investors and businesses as the state has successfully implemented its trade, fiscal and monetary policies, which cultivate major financial inflows and revenue. The UAE includes oil-rich countries such as Abu Dhabi...
Executive Summary This research paper reviews the impact of different motivational strategies on organisational performance. The paper examines the different motivational strategies within the United Arabs Emirate’s banking sector with reference to the National Bank of Abu Dhabi and the Abu Dhabi Commercial Bank. Through primary search, the research paper...
Abstract The work ‘The Competitiveness of the Hungarian Economy from the viewpoint of Foreign Investors in Business Consulting Services’ is devoted to the peculiarities of the Hungarian economy. This issue id of current importance today, because I political and social situations in the countries of Eastern Europe. According to a...
Introduction Human curiosity and strive for knowledge have necessitated the union of studies in various domains of sciences. The developments in knowledge-gathering spheres have led to the increase of more interdisciplinary and interdepartmental programs which have been implemented in universities. There is more and more interdisciplinary research done in various...
Introduction Theoretical framework The purpose of this chapter is to provide evaluators with background information on this paper’s research proposal, therefore establishing a ‘framework’ by means of which it is possible to understand main aims of this study (Wilkinson, 1991, p.96). Recently, international financial markets became tense after news emerging...
Introduction Speaking on the issue of the marginal analysis, it is necessary to point out that it is frequently used in both the microeconomic and macroeconomic theory to evaluate the marginal change in any economic variable. The economic variable is usually regarded as a quantity of a well produced or...
The Middle East is becoming an international aviation hub, with Dubai and Doha emerging as the most robust cities in terms of growth of air transport. In this study, the focus was to investigate the relationship between air transport development and economic growth, with special reference to the aviation sector...
Introduction Remarks The relations between the human beings within the society have always been a matter of complex processes regulated according to the established rules and regulations. The processes that concern the employment issues have been long displaying the signs of controversy observed in the relations between the supporters of...
Introduction The emergence of China from a sluggish Maoist economy to become the world’s fastest-growing developing country has been one the most outstanding phenomenon of the last half-century. The country’s rapid expansion has seen it leapfrog the established industrialized countries to become the second-largest economy after the United States exceeding...
Abstract Globalization has led to multi-disciplinary approaches being developed in a bid to tackle the problems that are coming up. The relationships that exist between the economic systems of the world and the ecosystem have been of great concern to the economic world. In a bid to address the effects...
Abstract The dissertation is based on a mixed methodology research approach to analyze and discuss the Role of Agriculture and FDI in the economic development of Nigeria. It also discusses the ways through which the Nigerian agriculture, FDI and Trade sector can play effective role in the economic development of...
Introduction According to most recent statistical data, the level of bank and customer loyalty in Greece has drastically dropped over the course of the last ten years (Mikopoulos, 2008, p 24). In part, this can be ascribed to the advent of new banking institutions and the increase in competition. In...
Abstract Active learning involves the use of inverse functions where the direct demand function is expressed as an inverse. Functions of two or more independent variables use the coefficient of determination and are expressed as a percentage with a high percentage indicating that the correlation between dependent and independent variables...
Scarcity is the limited supply of goods and services which means that what people want is more than what is available. Scarcity puts limitations on individuals and society because individuals will have limited income to be able to afford all that they need and society will have limited resources such...
After World War II the much vaunted Japanese Imperial Army was humiliated by the Allied Powers led by the United States of America. The Americans occupied Japan but they did not conquer the Land of the Rising Sun; instead the U.S. government taught the struggling government that democracy is much...
It has often been observed that, although the decisions of economists could promote economic growth, such decisions may not be really rational ones. Economic models evolve predictions that are consistent with the micro-level data on decisions including experimental evidence. In this context, the primary work of behavioral economists centered around...
Abstract The effectiveness of fiscal policy is very wide and significant in modern economy. The concept of fiscal policy was introduced by Keynes. He worked out the policy under a recessionary economy and he became famous for his prescription. More then half a century most of the developed countries are...
