Discuss the main factors that determine product prices in the UK
Essay - 3 pages - Economy general
Predicting firms' behaviour and reactions to events is central for recent microeconomics. Economists have indeed put forward many theories to analyse firms' behaviour, main decisions of economic interest relate to outputs, investment, technology and above all prices which is the object of this...
Poverty in Russia
Essay - 15 pages - Economy general
Russia is the biggest country in the world and is also today one of the 10th most important economy in the world. In fact, Russia is situated at the 14th world rank concerning its total GDP for 2005 with approximately 763 000 million $, and at the 10th world rank concerning its PPP GDP for 2005...
Why is technology so difficult to implement and manage? - publié le 22/02/2007
Essay - 8 pages - Economy general
No one can deny the impact of technology as a source of competitive advantage for a firm. The introduction of a new technology or the development and the commercialization of a new product or service are done with the aim of increasing business benefits. They allow costs savings, and improve the...
Why is technology so difficult to implement and manage?
Essay - 8 pages - Economy general
No one can deny the impact of technology as a source of competitive advantage for a firm. The introduction of a new technology or the development and the commercialization of a new product/ service are due to increase business benefits: it allows costs savings, improves the productivity and the...
Globalisation in Russia: The challenge of the transition to the world economy
Essay - 12 pages - Economy general
Fifteen years ago, the Soviet Union was a socialist authoritative country, tightly isolated from capitalist countries. Nowadays, its direct heir, Russia, is one of the quickest growing markets of the world that is strongly open on the global economy. During the 1990s, Russia underwent an...
Globalization in Russia: The challenge of the transition to the world economy
Essay - 12 pages - Economy general
Fifteen years ago, the Soviet Union was a socialist authoritative country, tightly isolated from capitalist countries. Nowadays, its direct heir, Russia, is one of the most quickly growing markets of the world, strongly open on the global economy. During the 1990s, Russia underwent an...
The revival of the small business sector in the UK - publié le 30/01/2007
Essay - 10 pages - Economy general
According to data from Labour Market Trends in 1999, enterprises with fewer than 50 employees provide 45% of UK non-government employment and account for 38% of turnover, the employment figure includes the self-employed who employ no one and comprise 2.3 Million out of a total of 3.7 million of...
The Western growth systems: the role of innovations
Essay - 7 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...
Forgery and Counterfeiting
Essay - 9 pages - Economy general
In the last few years, forgery has increased at a very rapid rate, and is now a world-wide industrial and cultural phenomenon. Forgery is not just limited to the luxury sector, but permeates the manufacture of all goods, so that all industries are concerned about the scourge. The issue of forgery...
To what extent is Richard Branson, the English Tycoon, a very influential person in the British political life? - publié le 23/01/2007
Essay - 11 pages - Economy general
Richard Branson holds the distinction of being Britain's best-known entrepreneur. This self-made man started his first company at the age of 17 and succeeded in building an empire from it. Worth £3 billion and believed to be the ninth-richest man in the UK, the 56-year-old founder of the...
To what extent is Richard Branson, the English Tycoon, a very influential person in the British political life?
Essay - 11 pages - Economy general
Richard Branson is Britain's best-known entrepreneur. This self-made man started his first company at the age of 17 and succeeded in building an empire. Worth £3 billion and believed to be the ninth-richest man in the UK, the 56-year-old founder of the Virgin empire inspired a generation of...
De Soto, H. (2000) "The mystery of capital - Why capitalism triumphs in the West and fails everywhere else"
Book review - 3 pages - Economy general
In 2004, at the meeting of the World Economic Forum, Bill Clinton publicly declared that Hernando De Soto - founder and president of the Institute of Liberty and Democracy (ILD) in Lima and consultant to numerous heads of state - was “probably the world's most important living...
Study of the effects of privatization policies on the economy: The French example
Essay - 10 pages - Economy general
The public sector in France, which represents the firms that are controlled by the government, has been for a very long time a huge sector, with staff that represented in the 80s more than 10% of the whole labor market. Given the importance of this public sector in France, I am interested in...
How third world countries can develop themselves in a globalized market?
Dissertation - 40 pages - Economy general
In this paper the author will provide an analysis on the mechanisms through which globalization has played a key role in increasing foreign trade. The paper will also reveal foreign trade and its high interdependence and increased capital flows that has resulted in affecting the development of...
Transition of Croatia
Case study - 23 pages - Economy general
According to Linz and Stephan, five interacting areas need to be in place before a consolidated democracy can exist in a state. First, there must be a free and lively civil society. A civil society is the arena of the polity where self-organizing groups, movements and individuals can express and...
Bulgaria: Transition towards democracy
Case study - 29 pages - Economy general
Bulgaria is due for accession to the European Union in 2007. According to most international reporting mechanisms the country has reached the final stages of democracy, and is ready to proceed with accession. While on many levels, such as economically and politically, Bulgaria may have achieved...
Transition Macedonia
Case study - 20 pages - Economy general
Throughout the centuries, the South-eastern corner of Europe has been the scene of many invasions and transcending civilizations. This left the trace of different cultures, religions and empires. One of the most evident cleavages in the region is religious cleavage between the Catholic Church,...
Why Globalization Works by Martin Wolf
Essay - 3 pages - Economy general
Martin Wolf, a British economist and a prominent journalist at the Financial Times, is ardent defenders of globalization, i.e., of global economic integration through free trade. His book, Why Globalization Works, aims to demonstrate that globalization makes the world better off. He feels that...
Why Globalization Works by Martin Wolf - publié le 02/01/2007
Essay - 3 pages - Economy general
Martin Wolf, a British economist and prominent journalist at the Financial Times, is an ardent defender of globalization, i.e. of global economic integration through free trade. His book aims to demonstrate that globalization makes the world better off and that the problem is not that there is...
Short-run and long-run aggregate supply
Essay - 8 pages - Economy general
One of the salient features of this document is to distinguish between the short-run and long-run aggregate supply curves and explain why they are important for the definition of a macroeconomic equilibrium. The Aggregate Demand model tries to examine the effects on the real GDP and price level...
Interest Rates
Essay - 4 pages - Economy general
It is a well known that interest rates have a commensurable power to influence the economy as a vital tool of monetary policy that is used to control variables like investment, inflation, price stability and unemployment. Generally speaking, the interest rate is described as the cost of using...
Are Maquiladoras only an asset for the USA?
Essay - 3 pages - Economy general
There are about 3320 kilometres of frontiers between Mexico and the United States of America: more than three times the length of France. All along the border were built, since the years 1960s, more than 3000 export assembly plants, primarily dedicated to the production of electronic equipment,...
Economy of Mexico
Essay - 17 pages - Economy general
From the 1940's until the 1960's there was a strong economic growth in Mexico. This strong economic performance proceeded into the 60's. Manufacturing was the country's dominant growth sector and attracted many foreign investors. Although there was a growth in Mexico, there was fiscal...
Development economics - Sharecropping - publié le 11/12/2006
Essay - 6 pages - Economy general
In sharecropping contracts with cost sharing, why is the cost share borne by the tenant equal to the output share accruing to him? Sharecropping is an arrangement or system of farming, prevalent in many Less Developed Countries in which a tenant works on land which he does not own, giving the...
Development economics - Sharecropping
Essay - 6 pages - Economy general
In sharecropping contracts with cost sharing, why is the cost share borne by the tenant equal to the output share accruing to him? Sharecropping is an arrangement or system of farming, prevalent in many Less Developed Countries in which a tenant works on land which he does not own, giving the...
Why is China so competitive? Measuring and explaining China's competitiveness
Essay - 36 pages - Economy general
In the first part of our paper we will present the theoretical background of the international trade. We will begin with the description of the evolution of the comparative advantage theories, and then continue with the competitive advantage theory. We will continue with the discussion of some...
Why is China so competitive? Measuring and explaining China's competitiveness - publié le 27/11/2006
Essay - 36 pages - Economy general
In the first part of our paper we will present the theoretical background of the international trade. We will begin with the description of the evolution of the comparative advantage theories, and then continue with the competitive advantage theory. On this point it is important to mention that...
The budgetary implication of the European Union's May 2004 enlargement
Essay - 7 pages - Economy general
On 1 May 2004 Europe celebrates the entrance of ten new members in the European Union but behind the fireworks and the celebrations, Brussels has to adapt itself to this new generation of the European project. One of the most important points is the budgetary issue. History has shown that the...
Should politics interfere into global free economy?
Essay - 8 pages - Economy general
First I will start by underlining an important distinction Aristotle makes between theoretical sciences and practical sciences. On one hand, theoretical sciences aim at understanding the concepts they study by analyzing the principles or causes of similar aspects. On the other hand, practical...
Positive-Normative distinction
Essay - 3 pages - Economy general
The methodology in economics is important because it gives us a better understanding of the economic analysis. The purpose of economic theory is to provide a comprehensive framework for the study of human behaviour declares Gary Becker (1976). As the aim of the economy for governments is to...
