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...
The labor market in Spain
Essay - 19 pages - Economy general
Today, a lot of desires or worries of the European population are linked with the employment. From the question “What would you do when you grown up?” to the social claims and the general strikes. The reason is simple: a job provides a means to live but above all, work is presented as a...
Energy choices in Europe: the case of electricity
Essay - 14 pages - Economy general
Energy is a vital element for the economy as a whole as every sector demands its usage constantly. It is not an end-product by itself, but a pre-requisite for most of the economic activities. A sudden increase in energy prices or a disruption of supply can entail heavy economic repercussions. An...
Is the Washington consensus dead ?
Essay - 10 pages - Economy general
“The Washington Consensus has been dead for years,” said the World Bank President James D. Wolfensohn at the opening of a conference on ‘Scaling up Poverty Reduction' in Shanghai on 25 May, 2004. “It's been replaced by all sorts of other consensuses. But today we're...
Is the Washington consensus dead ? - publié le 29/08/2006
Essay - 10 pages - Economy general
Sometimes the messenger of the content assumes more significance than the content itself. One such instance is that of the Washington Consensus. According to the World Bank President James D. Wolfensohn, "The Washington Consensus has been dead for years. It has been replaced by all sorts of other...
Airbus, A380 - Company profile
Case study - 41 pages - Economy general
Airbus is one of the world's leading suppliers of commercial aircraft. This 100-seater boasts a major portion of the market share of annual deliveries worldwide. Its market share has grown from 15% in 1990 to 52% in 2003. On December 31, 2003, its backlog of orders (1,454 aircraft) stood at...
Turkey's potential EU membership
Essay - 16 pages - Economy general
The European Union is preparing for an enlargement phenomenon. After having successfully grown from six to 25 members, the European Union is now marching ahead. However, there are some countries which, because of their history of their geographical, economic and political situation, cannot easily...
The economic results of the 2004 enlargement of the European Union - publié le 21/08/2006
Essay - 15 pages - Economy general
Two years ago, the European Union was joined by 10 new members whose 8 were former communist countries (plus Malta and Cyprus). The fifth enlargement has been the most ambitious in the history of the European Union. It was the largest ever in terms of number of countries (10) and population (75...
The economic results of the 2004 enlargement of the European Union
Essay - 15 pages - Economy general
Two years ago, ten new members joined the European Union out of whom eight were former communist countries. Malta and Cyprus joined the EU in 2004. The fifth enlargement has been the most ambitious in the history of the European Union. It was the largest ever in terms of number of countries (10)...
Mercantilism
Essay - 4 pages - Economy general
Mercantilism was both an economical policy and different theoretical ideas. It was typically a European phenomenon which reached its highest development in the seventeenth century. It slowly disappeared during the eighteenth century. Thus, mercantilism covered the period from the Renaissance to...
The political influence on organization decision making towards corporate social responsability: a socio economic approach
Essay - 30 pages - Economy general
This research will look at the political influence on organization decision making towards social responsibility. To do so, a combination of social and economic theories will be used. In chapter three, the political field and the political actors in this research will be discussed. Chapter...
The political influence on organization decision making towards corporate social responsability: a socio economic approach - publié le 27/07/2006
Essay - 30 pages - Economy general
This research paper will look at the political influence on organizational decision making with respect to social responsibility. In order to do so, a combination of social and economic theories will be used. In chapter three, the political field and the political actors studied in this research,...
Knowledge, growth without scale effects, and the product life cycle - publié le 27/07/2006
Dissertation - 260 pages - Economy general
For several reasons, knowledge cannot be treated like any other commodity. One of these reasons is the nonrivalrous nature of knowledge, which means that one person's use of certain knowledge does not diminish another person's use of the same knowledge (at the same time). This important property...
Knowledge, growth without scale effects, and the product life cycle
Dissertation - 260 pages - Economy general
For several reasons, knowledge cannot be treated like any other commodity. One of these reasons is the non-confrontational nature of knowledge, which means that one person's use of certain knowledge does not diminish the relevance of another person's use of the same knowledge (at the same...
