Category: Economics 2707

The labor force in any workplace is faced with a myriad of challenges. The wellbeing of the workers is a major test encountered by employers. Industries have endeavored to provide assistance through welfare systems. Welfare capitalism is a unique approach of free enterprise that appeared in the 20th century. Usually, the interests of the workers…

Instruction The global market economies are beginning to experience some marked improvement from the economic crisis experienced in recent years. The 2009-2010 economic growth is expected to be a percentage higher against the earlier projection in the first quarter of the year, an estimate of 2.5% in 2010 (IMF 1). In financial terms, the condition…

Bordo (2000) mainly expounds on Anna Schwartz’s sound finances and stable monetary policies. His work presents American historical evidence that shows the interrelationship between measures of financial movement and aggregate price stability. Therefore, the primary purpose of this article is to examine the application and effect of Anna’s policies. Bordo (2000) also wants to study…

Table of Contents Introduction Boston Matrix Model Conclusion Bibliography Introduction The Boston Matrix model was developed by Bruce Henderson in 1970. This model aims to evaluate the position of the company on the market and allocate resources of the organization. In spite of opportunities proposed by this model, there are some authors who criticize it…

Over the last few decades, there has been a rapid transformation of the global economy whereby business firms have been forced to compete at a global level in order to survive. The global trends have been very influential in the development of the global economies, the major beneficiaries being the less developed countries who have…

The article chosen for the critique is titled, ‘The Stocks at Stake: Return and Risk in Socially Responsible Investment’, and is authored by Galema, et.al (2008). They begin with an introduction to what socially responsible investment or SRI is, and informs the reader that 10% of the US investments are carried out accordingly. In the…

Table of Contents Introduction Neoliberalism as a Break with Postwar Keynesianism How NAFTA Fitted into the Bigger Picture Implementation of a Continental Free Trade Agreement Outcomes for Canada Outcomes for Mexico Outcomes for the U.S. Conclusion References Introduction Reform strategies, including abolishing price restrictions, deregulation of capital markets, reduction of trade-based barriers, and commercialization and…

Table of Contents Introduction Monetary policy definition The description of fiscal policy Fiscal policy rules Conclusion Bibliography Introduction Fiscal and monetary policies in every country are the two major tools to sustain macroeconomic stability and to ensure the functioning of the state. These two policies differ and use different inventory; however, their interconnectedness and hence…

Banks are the main financial intermediaries not only in the national but also in the global economy. Accordingly, the progressive development of the international economic system with all its connections and interdependencies depends on how stably and efficiently their activities are organized. To prevent financial crises and create conditions for an effective exit from them,…

Hyperinflation can be referred to as a situation where there is an excessive, rapid, and uncontrollable increase in the price of commodities in an economy (Simonson, 2021). Other economists define hyperinflation as accelerating inflation or very rapid inflation, often with more than 50% per month. It is a sporadic event, it has occurred in many…