Define and explain the concept of an income elasticity of demand for a product
Essay - 4 pages - Economy general
Would you expect the income elasticity for potatoes and DVDs to be large or small? If the supply of oil is price inelastic in the short term, what would you expect the impact of an outwards shift in the demand for oil to be? What might happen in such a situation in the long term? In economics we...
Assess the role of the International Monetary Fund (IMF) in international politics and in influencing development in Latin America
Essay - 7 pages - Economy general
The first clause of the Articles of Agreement which form the bond member states are attached to under the IMF asserts that 'The International Monetary Fund was established operates in accordance with the provisions of the Agreement that was originally adopted and subsequently amended'....
Economic consequences of the last European union enlargement
Essay - 27 pages - Economy general
The idea of a united Europe was once just a dream in the minds of philosophers and visionaries. Already in 1620, the Duke of Sully imagined "a body politics of all the States of Europe which could produce between its members an unalterable peace and a perpetual trade". In The 19th Century, Victor...
Banana War
Case study - 6 pages - Economy general
I have found this argument interesting because it is important to introduce to the public, the serious situation in which they are forced to work as workers of the third world. With this, I want to denounce the serious violations of the rights of the workers working in multinationals, that...
Airbus - Boeing War
Case study - 7 pages - Economy general
The 27 of April 2005, at 10h29 the A380 plane has taken off for the first time of the airport of Toulouse. The A380 property of AIRBUS, company which conceives, develops, builds, sells and ensures the technical support after sale of the planes of the same name. On the other side of the Atlantic,...
Conditions of the labor market that encourage foreign investments in Central and Eastern Europe
Essay - 17 pages - Economy general
Today, a well known economic phenomenon is that the foreign investments in the Central and Eastern Europe have been flooded, since 1989. Amongst many other economic data, we could include that in 2003, 29 billions dollars were invested by foreign companies. This figure is not easy to achieve,...
The Argentina Crisis - The IMF's Guinea Pig
Essay - 12 pages - Economy general
In 2001, Argentina, the former model pupil of the International Monetary fund of the nineties, declared default in all its public debt. This is one of the most harrowing economic crises in the history of Argentina. Several crisis-fighting actions like the freezing of bank accounts or the...
Environmental Economics: global warming
Essay - 14 pages - Economy general
This essay is about the climate change and the direct and indirect effect on our environment, not only caused by human activities. The increased concentration of the greenhouse gases which include carbon-di-oxide and others, over the last 150 years has dramatically progressed. This fact, caused...
The Baltic States: a golden opportunity for French food exporters?
Market study - 17 pages - Economy general
The 1st of May 2004, ten new countries came into the European Union. These states have seen their economy dramatically change in many aspects of international trade since this date. From the custom point of view to the currencies issues, it significantly facilitates the goods exchanges of food...
Cradle-to-cradle design - published: 11/02/2006
Dissertation - 45 pages - Economy general
Faced with the increasing damage inflicted on the planet by industrial development, environmentalists have traditionally argued that we need to put a halt on economic growth. This approach has neither been realistic nor efficient. Fortunately, a new way of thinking has emerged with respect to the...
Comparison between the ports of Antwerp, Le Havre and Rotterdam
Presentation - 46 pages - Economy general
Le Havre harbor is simple in meaning and it represents a harbor. Le Havre Harbor occupies a predominant position in the European terrain. In fact, Le Havre is believed to be ?The European Door'. A door through which trade is facilitated globally. Le Havre is articulated by complex and varied...
Comparison between the US and Japanese banking systems
Dissertation - 11 pages - Economy general
The Japanese and the Americans have different perceptions of time. This difference exists as part of their culture and the values they advocate. The cultural, political and historical background consequently leads to two different banking forms: the bank-based and the market-based systems. Until...
Environmental Regulation and its Effect on Competition
Essay - 11 pages - Economy general
The following text provides a brief discussion of the development of new technologies and how they affect the environment. After explaining the effects, the focus shifts to response mechanisms, which the society has created, to limit the impact of innovations on environmental factors. These...
National systems of innovation: comparison of France and USA
Essay - 5 pages - Economy general
We are going to see through this essay several point of comparison in national system of innovation between France and USA. We will focus on several points in order to explain the differences between both countries. We will talk about the role of the system of education, then the government...
What are the major problems inherent in the Common Agricultural Policy? Assess the extent to which the 2003 reforms have dealt with these problems.
Essay - 6 pages - Economy general
The Common Agricultural Policy was, together with competition policy, the great early success story of the EU. It is perhaps the aspect of European integration which has most impressed itself on public consciousness. Indeed, the “CAP is one of the most pervasive of all EU policies, one of...
The Sustainable Development Policy within the European Union
Dissertation - 27 pages - Economy general
In this dissertation, we are going to focus especially on political aspects of the given concept, especially within the EU. The ways and means by which this theory can be turned into a reality is one of the themes of this dissertation. It also evaluates the ambiguities inherent in the concept and...
Europe versus America
Essay - 6 pages - Economy general
There exists a wide gap between European and American economies. The GDP, GDP per capita as well as productivity levels are much higher in the US than in Europe. These figures show the extent of American dynamism which cannot be denied. And after the 9/11 events, many felt that the American...
In order to promote the wealth of nations, what should be the relationship between the visible hand of the state and the invisible hand of the market?
Essay - 8 pages - Economy general
The decline of social democracy in Europe during the last decade is one of the examples which seem to show that there is no other global alternative for a state regulation under the market in the globalisation context. The predominance of the market in a political economy is not recent. Adam...
Should Britain join the European Single Currency?
Essay - 7 pages - Economy general
The history of Britain's integration into the European Union has always been very complex. Its first attempt to join was vetoed in 1963. Britain joined finally in 1973 with the departure of the French president Charles De Gaulle who was opposed to the presence of an Anglo-Saxon "Trojan horse"...
The European Monetary Union. Why and how it has happened?
Essay - 9 pages - Economy general
The idea of creating a huge integrated area in Europe, known as the European Economic Community, was born in 1954. Almost half a century later, the European Monetary Union became the most well-known example of financial and monetary integration in the world. According to Bela Belassa, a Hungarian...
Why Africa can not reach sustained development. What kind of Future for Africa.
Essay - 16 pages - Economy general
Africa, a continent endowed with immense natural and human resources as well as great cultural, ecological and economic diversity, remains underdeveloped for many years. Almost all the African nations suffered (and still suffer) from military dictatorships, corruption, civil unrest and war,...
The current situation of small scale coffee production in Latin America - published: 22/01/2005
Essay - 7 pages - Economy general
Recently, the global coffee market has fallen into a profound crisis. Prices paid to coffee producers in real dollar terms, have fallen to a hundred year low. Many families have been forced to abandon traditional farming. There is consequently an important wave of unemployment in the farming...
The current situation of small scale coffee production in Latin America
Thesis - 7 pages - Economy general
Recently, the global coffee market has fallen into a profound crisis. Prices paid to coffee producers in real dollar terms, have fallen to a hundred year low. Many families have been forced to abandon traditional farming. There is consequently an important wave of unemployment in the farming...
Poverty and Income Inequality - Impacts of the EU-enlargement on social unprivileged population groups in the EU-15 Countries
Essay - 14 pages - Economy general
The European Union is a community of 15 sovereign countries. In the year 1952 France, Germany, Italy, Netherlands, Belgium and Luxembourg decided to establish the European Coal and Steel Community. The aim of this paper is to discuss the two problems with regard to the expansion of the European...
Why didn't Sweden, Denmark and England abandon their national currency and opt for the Euro?
Essay - 13 pages - Economy general
The adoption of the single Euro currency by twelve countries is an unprecedented event in the history of The European Union. In fact the loss of its own currency as a symbol of sovereignty and the giving up of the pursuit of an independent economic and budgetary policy represents a major change....
Free movement of people after EU enlargement : threat or necessity?
Worksheets - 11 pages - Economy general
Free movement of individuals is one of the fundamental freedoms guaranteed by Community law and includes the right to live and work in another Member State. The right to free movement within the Community does not only address the workers, as it relates to other categories of the public like...
Examine why employment policy in the EU operates via the open method of coordination - Assess the merits of this method of coordination as applied to the European Employment Strategy.
Essay - 8 pages - Economy general
Many have argued that the creation of a common European framework in the area of employment policy could influence and transform existing domestic legislations, policies, politics, and administrative structures. For example, European member States may have to restructure existing institutions,...
Pros and cons for the UK to join the Single currency
Essay - 4 pages - Economy general
For many people, in favour of the EMU and the sceptics of EMU alike, the single currency points is inescapably part of the political union. Looking at past history, monetary unions linking independent states of dissimilar size and power (like that of Belgium and Luxembourg today) have not been...
The debt crisis
Essay - 6 pages - Economy general
The debt crisis was triggered exactly 20 years ago when Mexico suspended its payments in 1982. This started off the worst financial crisis since 1931. Other than being a serious problem for developing countries whose Foreign Reserves and foreign investments withered away it also became a threat...
Nuclear energy
Worksheets - 6 pages - Economy general
Nuclear energy has far to many negative problems than advantages. From the mining of uranium to disposal of nuclear waist there are problems of such magnitude that no scientist on this earth has an answer for. Nuclear energy has so many problems associated to it that it should be banned from the...
