Balance of payments: France
Essay - 12 pages - Economy general
"The balance of payments is a measure of the payments that flow between two specific countries. It is used to analyze and summarize the international economic transactions of that country during a specific time period."(http://en.wikipedia.org/wiki/Balance_of_payments). It is an important...
The World Trade Organisation (WTO) and public contracts
Essay - 8 pages - Economy general
The World Trade Organization aims at ensuring “harmony, freedom, equity and security” in trading activities. The organization has the institutional means to control the compatibility of national policies to its requirements. From financial to commercial items, all fields of legislation...
A number of assumptions are typically made on preferences to give so-called "well-behaved indifference curves"
Essay - 5 pages - Economy general
The consumer choice theory aims, among other things, at modeling preferences that will guide the consumer in his choices. To do this, an assumption will be made: the consumer is able to rank any two consumption bundles as to their desirability, that is, the consumer is aware of his own tastes and...
Explain the role of conjectural variations within the context of quantity settings duopoly. Use this idea to explain the difference between Cournot and Stackelberg models of duopoly
Essay - 7 pages - Economy general
In the context of oligopoly, firms do not have to worry about strategic behaviour as do monopolies, as far as consumers are concerned. Nonetheless, as they face competition from a few other firms, strategies in terms of price-setting and quantity-setting are of prime importance. What we want to...
Trade and counterfeit
Study guide - 4 pages - Economy general
Counterfeiting and piracy are terms used to describe a range of illicit activities linked to intellectual property rights infringement. It includes violation of trademarks, copyrights, patents, design rights, as well as a number of related rights. Counterfeiting of goods can be seen as one of...
The introduction of methodology and practice in economics
Study guide - 3 pages - Economy general
The methodology in economics is important, because it gives us a better understanding of the economic analysis. The purpose of the economic theory, is to provide a comprehensive framework for the study of human behavior', Gary Becker had declared (1976). As the aim of the economy, governments...
Globalization and work: The role of trade unions in balancing globalization
Essay - 13 pages - Economy general
The trade-union teams of a company, a branch or a territory, are confronted daily with the stakes in globalization. It is the case when, because of the saturation of the mobile telephony market in Europe, Mitsubishi closes its unity of Vitré to become established in China; when to increase its...
On what basis does Keynes (General theory) discount the list of other feasible variables? In particular, does he dismiss subjective variables because he cannot measure them?
Study guide - 2 pages - Economy general
Keynes, in his book, ?The General Theory of Employment, Interest and Money' argues that objective variables are the most useful tools that fiscal policy-makers can adopt. In this book, Keynes' primary objective is to discover the prime determinants of the volume of employment. He asserts...
Synopsis On Open Systems
Essay - 2 pages - Economy general
Recent years have witnessed an upsurge in academic the dialogue over the concept of ?Open Systems' (especially in non-mainstream approaches) many of which have recently been influenced by Critical Realism (Mearman, 2004: 2). Victoria Chick (Chick, 2004: 4) defines a system as "a network, a...
What do you consider to be the major differences between Adam Smith's and David Ricardo's theories of international trade?
Essay - 5 pages - Economy general
The basic concept underlying all international transactions is that foreign markets are extensions of domestic markets, in the sense that goods and services produced domestically, and whose quality is reflected in the strengths of the supply and demand curves, can also be sold internationally....
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...
Effects of the end of quotas for textiles on the French industry
Essay - 4 pages - Economy general
On the 11th of December 2001, China embarked into a new journey in its history by becoming an official member of the World Trade Organization. This was the first step towards free trade however, it was not the last. China's sharp economic growth and the end of quotas in January 2005 predicted...
The car industry: A move to concentration
Essay - 8 pages - Economy general
The motor industry is over 100 years old and has an interesting history and uncertain future. It provides an interesting example of an industry that had to quickly evaluate due to constant evolution of technologies employed. This evolution was so money-demanding that it caused a typical movement...
The tobacco industry
Essay - 8 pages - Economy general
The origin of tobacco is quite old, and it became an industry when European discovered it. But the future of this particular industry is uncertain. Tobacco is not really an innocent product, since it has been proved to be addicting and to favour diseases such as cancer. Consequently, tobacco...
Alterglobalisation: "Another world is possible?"
Essay - 5 pages - Economy general
In the mid-eighties there were huge criticisms caused by the liberal policy carried out both by Ronald Reagan and Margaret Thatcher. There were, especially in the United Kingdom, a lot of strikes and manifestations against the neo-liberalism. However, Margaret Thatcher, answering to an interview...
Farmland Abandonment and the Farmland Market: Lessons from Japan
Essay - 10 pages - Economy general
A major concern in Japan is the farmland market which is inefficient and which is reaching a state of illiquidity. If one could go by a hypothesis the reason for this inefficiency could be related to the remarkable increase in area of abandoned farmland. In this paper, a model which is commonly...
Decentralization as a constraint to Leviathan: a panel cointegration analysis
Essay - 9 pages - Economy general
Basing fiscal federalism on the government is indeed a study to be reconsidered. This paper reflects on the effects of fiscal federalism. The Leviathan hypothesis (twisted speculation), suggests a negative relationship between fiscal decentralization and government growth. This relationship has...
Barbara Ehrenreich's "Nickel and Dimed"
Book review - 5 pages - Economy general
As a response to both Bill Clinton's introduction of the “Welfare Reform” putting an end to what he called “Welfare as we know it” and to the journalistic tendency of writing articles on the people far from the ground, Barbara Ehrenreich - of course a bit forced by her editor...
Free Trade Agreements and Equity Market Integration: A Case of U.S. and Jordan
Essay - 13 pages - Economy general
Considering the degree of openness in trade and investment, it is a well accepted fact that the international financial markets have increased their mutual dependency on each other. When laying out plans and taking decisions, traders are cautious. Therefore, traders incorporate information...
Analyzing the capital budgeting and real options in different countries
Essay - 14 pages - Economy general
Our case study will focus on the comparison between the Capital Budgeting techniques that is being employed across different countries. We also aim to explore the differences (if they are prevalent) in the existence of the so-called theory-practice gap of capital budgeting. In order to conduct a...
Stock market return and time-varying volatility in an emerging market: evidence from sub-saharan Africa (ssa)
Essay - 13 pages - Economy general
This paper offers a comprehensive view of four time properties that emerge from the empirical time series literature on asset returns. It examines: (1) the predictability of returns from past observations; (2) the auto-regressive behavior of conditional volatility; (3) the asymmetric response of...
Tensions over foreign direct investment (readings summary)
Book review - 2 pages - Economy general
Foreign Direct Investment or FDI appears as a complex mechanism in which numerous and evolving issues are at stake. The first source of complexity lies in the numerous interests that may be pursued by the different actors involved. As the authors underline, the convergence of these interests is...
How does trade globalization affect women working conditions in South America?
Essay - 5 pages - Economy general
The international trade agreements have important impact on people living in poverty. But these impacts operate at different levels. In some cases, trade can stimulate the development of these countries, help the economic growth, help employment, give access to local population to variated goods...
Adjustment and External Debt in Low-Income Countries
Presentation - 52 pages - Economy general
The debt crisis of the early 1980s had severe impact in Latin America and several developing countries. Closure of world capital markets led to inflationary financing of fiscal deficits, a slowdown in investment, and low rates of economic growth. Servicing external debt continues to be a key...
Is there a "Bolivarian" alternative to free market integration?
Essay - 6 pages - Economy general
Since 1998, voters have elected Hugo Chavez to the presidency three times with increasing margin each time and on August 15, 2004, voters returned to polls to decide whether to remove him from office or not. 59% of voters confirmed the President's mandate and defeated the recall initiative. First...
The Monterrey Consensus The Conference on Financing for Development
Essay - 3 pages - Economy general
The International Conference on Financing for Development (FfD) took place between the 18 and 22 of March 2002 in Monterrey, Mexico. More than 170 countries adopted a commitment designed to “eradicate poverty, achieve sustained economic growth and promote sustainable development” in the...
Implantation of waffles in Brazil
Essay - 4 pages - Economy general
Lotus bakeries is looking for new markets to sell its traditional waffles. Why Brazil would be an appropriate market? Brazil is the 10th most important economy in the world. The financial policies leaded by Lula, established the trust in the Brazilian market. The economic growth was around 0.5%...
Indian electricity, potential market research, doing business in the Indian Subcontinent
Essay - 8 pages - Economy general
The following presentation is a first stage proposal in order to establish the firm in the subcontinent. This first stage is a pilot project developed in three years and aims to enter the Indian market. Depending on the results following steps would be figured out in order to plan further...
Market study hotel industry business 2005
Market study - 28 pages - Economy general
Marriott International's Q1 2005 net income was $145 million, a 27% increase compared to the same period last year. Marriott International recorded earnings per share (EPS) of $0.61 in the first quarter of 2005, up 30% from the same period in 2004.Management fees increased 52%, driven by 9.2...
E-Tourism in Europe. The E-CRM and ITCs adoption issues: how to retain customers?
Case study - 37 pages - Economy general
E-tourism offers the potential to make information and booking facilities available to a large number of consumers at a relatively lower cost. Among its several advantages are that it enables the tourism sector to make large scale savings on the production and distribution of print and other...
