The 2004-2007 enlargement and its impacts on the New Entrants
Essay - 17 pages - Economy general
The fifth enlargement of the European Union on May 1, 2004 has led to the accession of ten countries of Eastern Europe. It has been an ambitious decision as these countries had experienced very diverse economic, social and political developments compared to the EU-15. These enlargements directly...
The protected designation of origin
Essay - 12 pages - Economy general
The concepts of free movement of goods and competition are enshrined in European Union law. However, it is possible to seek to obtain a “protected designation of origin” (PDO) for certain goods. Once obtained the PDO does indeed protect the specified goods from elements of competition....
Foreign Direct Investments
Essay - 17 pages - Economy general
Within a few years, since the early 1990s, Foreign Direct Investments (FDI) has become one of the main vectors of globalization. They represent an accelerator of economic integration and financial concentration at the world level. In this global context, enterprises have to be very competitive...
The completion of the WTO free trade agenda will produce both winners and losers in the EU ' To what extend do you agree? - publié le 05/05/2008
Essay - 12 pages - Economy general
The World Trade Organization (WTO) was set up in 1995, replacing the GATT (General Agreement on Tariffs and Trade) that was set up in 1947. The organization was based in Geneva and is presently located in 149 countries. It is allocated with a budget of 125 million dollars and its main...
The completion of the WTO free trade agenda will produce both winners and losers in the EU: To what extend do you agree?
Essay - 9 pages - Economy general
The World Trade Organization (WTO) is an international body whose purpose is to promote free trade by persuading countries to abolish import tariffs and other barriers. As such, it has become closely associated with globalization. The WTO is the only international agency overseeing the rules of...
Co-economic climate in Japan
Essay - 13 pages - Economy general
For this economic coursework we have chosen to speak about Japan. We think that Japan is a really interesting country to speak about because of its economy which is one of the greatest in the world nowadays. The economy experienced a major slowdown starting in the 1990s following three decades of...
Northern Crock
Essay - 2 pages - Economy general
The UK has enjoyed a strong reputation in the field of finance since the end of the 19th century. London is undoubtedly the leading financial centre in Europe, and its banks are among the most powerful in the world. However, the subprime-lending crisis in the US, and the credit crunch that...
Examining the Causal Factors and Societal Ramifications of the Celtic Tiger Phenomenon
Essay - 5 pages - Economy general
When one examines the historic past of Ireland it is evident that this once colonial appendage of Brittan has had its fair share of despair. Within just over a hundred years Ireland as a whole has suffered through numerous crises including two famines, oil crisis, religious conflict and economic...
The Shadom economy
Essay - 9 pages - Economy general
Even if the shadow economy is often forgotten in our societies, this informal business is nevertheless really present in our developed societies. Called shadow economy, black economy or underground economy, this unofficial business is living from as long as business has existed. According to the...
The High Price of Consumerism
Essay - 4 pages - Economy general
“Education is not a preparation for the future, it is the future itself,” Read my bold shopping bag from the University Store. It was the first week of school, and nearly every fresh student was proudly sporting one of these bags, oblivious to the notion that their education is...
The objectives of the macroeconomics policy critical and assessment in the South African economy
Essay - 9 pages - Economy general
Although South Africa is regarded as an “economic powerhouse” in Africa and has a strong modern industrial and financial base, it faces severe developmental challenges: poverty, high level of inequality, unemployment…” (Fourie and Burger 2003: 4). The Human Development Index...
How has European competition policy empowered the commission?
Essay - 7 pages - Economy general
This question could appear really simple, and the first answer that comes is “yes of course”: with the introduction of European Competition Policy, the EU Commission has an extended power, and can now decide if a company respects competition laws in the Union or not. But this issue is...
The business cycle in South Africa
Essay - 7 pages - Economy general
The economic powerhouse of the continent, South Africa produces one fifth of its entire production. The gross domestic product (GDP) is four times that of its southern African neighbors and covering around 25% of the entire continent's GDP. Following the expansion of the global economy, South...
Macroeconomics: Overview of the South African economy
Essay - 8 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...
What are the causes and consequences of the US current account deficit?
Essay - 4 pages - Economy general
Recently, economists have been focusing much of their attention on a particular issue which seems to be a cause for concern in many countries, namely the US current account deficit. The current account is, along with the financial account and the capital account, part of a country's Balance...
Is today's globalization different from globalization a hundred years ago?
Essay - 5 pages - Economy general
The phenomenon of globalization, defined by Michael D. Bordo as 'the increasingly close international integration of markets for goods, services and factors of production, labor and capital', seems to be considered by many of us as a relatively new phenomenon, peculiar to the era we...
What is 6 Sigma ?
Essay - 2 pages - Economy general
6 Sigma has some quality Management principles, like variation of business processes. It is based on the Japanese Management principles. 6 Sigma deals with quality and some efficiency improvements. The DMAIC model is a systemic approach, it is an organization as a whole, greater than the sum of...
Northern Rock
Essay - 2 pages - Economy general
If there is any country that has enjoyed a strong reputation and willpower in the field of finance, it is the UK. UK has enjoyed this position since the end of the 19th century. London has retained and is undoubtedly the leading financial centre in Europe. The banks in London and around the UK...
Comment on "Unemployment in Great-Britain 1895-1995"
Essay - 2 pages - Economy general
At the beginning of the graph (year 1895), the British unemployment was at quite a high level, about 10% of the population. It was probably a consequence of the 'Great Depression' which took place between 1873 and 1895. Then, the unemployment rate dropped substantially to 2.5% in 1890,...
What are the causes and consequences of the current US account deficit?
Essay - 5 pages - Economy general
Few economic issues have recently posed as many problems to authorities and economists than the U.S. current account deficit. It has become an issue that is receiving more and more attention and it is now considered as a “hot topic”. Some fear that it represents a time bomb for the...
Is today's globalization different from globalization a hundred years ago? - publié le 26/03/2008
Essay - 9 pages - Economy general
Michael D. Bordo, Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University, says, in Globalization in Historical Perspective (2002), says “globalization has become a buzzword of the new millennium”. Indeed the term globalization is now...
The role of trade in the economic development of Eastern Asia
Essay - 7 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...
The EU Lisbon agenda
Essay - 8 pages - Economy general
To make the European Union "the most competitive and dynamic knowledge-driven economy, capable of sustainable economic growth with more and better jobs and greater social cohesion ": that was the guideline, the “new strategic goal” of the principles EU's Head of States and Governments...
The basic targets and instruments of monetary policy, the concept of the money multiplier
Essay - 7 pages - Economy general
Medium-term price stability is widely accepted as the ultimate goal for monetary policy. This reflects two ideas. The first is that high rates of inflation distort decision-making, ultimately leading to slower economic growth, and the second is that monetary policy is the most effective...
The problem of debt in developing countries
Essay - 8 pages - Economy general
In the beginning of the millennium, a refreshing urgency is inspiring the search for lasting solutions to the debt problems of developing countries, especially the poorest of them. One problem that has been the focus of much attention and contention over the years, with serious implications for...
Collect foreign exchange spot and forward rate data and interest rate data for two currencies: examine whether CIRP holds: Analyze and discuss the results
Essay - 10 pages - Economy general
The purpose of this assignment is to analyse whether the Covered Interest Rate Parity (CIRP) holds in the relationship between two actual currencies. I decided to focus on the euro and the dollar because it is the financial instrument the most active and the most used in the world. Since the euro...
Explain and assess this statement: "It has been said that arguing against globalization is like arguing against the laws of gravity" Kofi Annan
Essay - 7 pages - Economy general
Since 1995 and the establishment of the WTO, the quick spread of new technologies, and the increasing interdependence between countries, supporters and detractors of globalization have been arguing about whether globalization actually exists and if its effects are positives or negatives for the...
Distinguish between equilibrium and cyclic unemployment, and outline the private and social costs associated with each type
Essay - 5 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....
A "fat tax" to encourage consumers to switch away from fats, sugar and processed foods
Essay - 5 pages - Economy general
People are obviously getting more and more fat. This fact cannot be denied. That is why, to curb this phenomenon, Kelly Brownell launched the idea of applying a fat tax on unhealthy food, in his article published in the New York Times in 1994. Such a tax could encourage people to buy less...
Information technology's constraints
Essay - 7 pages - Economy general
During this information technology assignment, we're going to focus on the weaknesses of the system. Effectivelly, information technologies are more and more involved in our daily and in our professional lives. Everybody agrees to the fact that information technologies are one of the most...
