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...
The Chinese economy at the beginning of the 21st century
Presentation - 32 pages - Economy general
An unique party into a socialist republic. The communist party of China is the ruling party also know as the CCP Chinese communist party of China. Progressively the CCP has tried to reform the economy from a centrally planned economy to a market oriented economy. China is still in the 21st...
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,...
Societal Evolution: The Industrial Revolution
Tutorials/exercises - 4 pages - Economy general
As a complex network of intricate biological systems, the human body is indeed quite an intriguing aspect of nature. The origin of this elaborate design is an area of hot debate; however, as of late, increasing support has been given to biological-evolutionary theory. According to this theory, it...
World Debt : A problem that has been a matter of global worry
Tutorials/exercises - 4 pages - Economy general
A problem that has been a matter of global worry for the last decade is the International Monetary Fund (IMF) and World Bank's strangle hold on the growth and economic development of developing countries. The IMF and World Bank are supported by developed countries and continue to be supported by...
Will Debt Relief Address the Needs of Highly Indebted Countries?
Tutorials/exercises - 3 pages - Economy general
A question that has plagued economists, social scientists and political scientists for the last several years is solution to the staggering debt in underdeveloped countries. Depending on their background they will argue the need for greater institutions, the removal of corrupt governments, or...
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...
What are the protectionist advantages provided to Nike by its host states?
Case study - 3 pages - Economy general
Utility, value, commodity, land labor and capital are the main elements of a political economy. The same basic features rule international economy. Different countries have fundamental laws which govern international trade relations which players must adhere to. In addition, they also provide...
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...
How are computers and the Internet changing the way in which modern businesses are organized ?
Dissertation - 93 pages - Economy general
In the same way that the Fordist system revolutionized the business world in its time (working conditions, productivity and competitiveness), the introduction of computers, and thereafter of the Internet, deeply modified the contemporary firms. Created, in the plainest and yet most cumbersome...
Why has Airbus/EADS reached such a point of economic failure?
Case study - 30 pages - Economy general
Last semester, in ?Strategic Management' module, our teacher Rob Dekkers would repeatedly draw parallels between Boeing and Airbus. Therefore when we were told that we had to find a subject for a research paper, a study of Airbus came immediately to our mind. Given the recent news about...
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...
Country Analysis - Canada (2007)
Market study - 36 pages - Economy general
Canada closely resembles the US in its market-oriented economic system, pattern of production, and affluent living standards. Since World War II, the impressive growth of manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily...
The foreign direct investments in Canada (2007)
Case study - 10 pages - Economy general
Multinational enterprises (MNEs) interact in the global market, creating lots of jobs all around the world. Foreign Direct Investments (FDI) is the way by which they interact, investing abroad until representing the largest source of external finance for developing countries for instance (United...
Direct investment in Turkey (2006)
Case study - 14 pages - Economy general
We are currently investigating an investment proposal concerning the chocolate confectionery sector, in Turkey. Specifically the analysis concerns the chocolate tablets production. Below follows an explanation of the elements of the investment decision, the general aspects of the Turkish economy...
Game theory and Nash equilibrium in industrial organisation: a critical analysis
Worksheets - 8 pages - Economy general
The origins and motivations for game theory was given by a question from Aumann in 1985 "What is game theory trying to accomplish?". The interest in strategic games started in 1944 by the publication of the paper of John von Neumann's and Oskar Morgenstern's theory of 'Games and...
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...
Asymmetry of information
Essay - 8 pages - Economy general
In economics, information asymmetry occurs when one party to a transaction has more or better information than the other party. (It has also been called asymmetrical information). Typically it is the seller that knows more about the product than the buyer, however, it is possible for the reverse...
Corporate governance - What are the arguments for and against agency theory as a basis for understanding corporate governance?
Essay - 6 pages - Economy general
Corporate governance and the theory of the firm are two of the fastest growing topics in modern economic theory. Berle and Means argued that modern corporations were so dependent upon professional managers that a managerial economy had emerged, characterized by the separation of ownership from...
Is free trade desirable?
Essay - 13 pages - Economy general
A free trade system is a market form in which goods and services can be exchanged between and within countries without any kind of government restriction or regulation. The free trade debate is obviously the most important debate of the 20th century. It has been very much politicized and the...
The European Union (EU): a trade superpower?
Essay - 4 pages - Economy general
Europe is obviously one of the largest concentrations in economic power in the global arena. It possesses all the cultural, natural and historical assets to rise as a fundamental actor in the world economy. Thus, by forming a regional organization in order to cooperate, the member states have...
