Economic Policy Research Papers Samples For Students

International Economic Policy-Making of the EU and the US

Foreign economic policy-making varies between regions given the size of their economy and the nature of their foreign policy mechanism in the international arena. Policies would take into consideration political interests and economic competence in the globe, while it can easily blend with domestic policy. In the case of the European Union, the Union represents its member countries in creating foreign policies that would not just cover their international policies but also their domestic policies: may it be for political or economic reasons. Unlike the United States, which only has to represent one state in the international market, the ...

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Part A: Plan of Investigation
How did Lenin’s war communism policy compare and contrast with his new economic policy? (1921-1928).
It is imperative to know the history of the current communism present in Russia and thoroughly understand its roots that started to take roots after the First World War. This paper investigates the similarities and differences that existed in the economic policies during Lenin's reign in Russia. Understanding the War Communism that set the foundation for the New Economic Policy is of importance so at to review the progressive nature of the country's economy. In as much as ...

Introduction

The racial riots took place in Malaysia in the year 1969 and this was followed by the New Economic Policy which was announced by the Malaysian Government in the year 1970. The plan was brought into effect in the year 1971 and set certain objectives to deplete poverty regardless of ethnicity and race and society restructuring n order to attain inter-ethnic economic equality between the predominantly Chinese non – Bhumiputera and the predominantly Malay Bhumipetera.
The implementation of the New Economic Plan in Malaysia leads to partially abandoning the laissez faire policy in this country. State intervention was encouraged ...

Introduction

Malaysia is a nation positioned in the South East of Asia. The country practices a federal constitutional monarchical system, with control of 13 states. The nation lies in a space of 127, 350km2 with Kuala Lumbar as the capital city. The country shares land and maritime on both ends with the neighboring nations such as Thailand to the East and Singapore to the West. This essay seeks to examine the political, economic, social structure in relation to doing of business in Malaysia.

Political system, governance and Religion

As a point of departure, the political milieu of this nation has been relatively stable and this is immensely attributed to ...

Introductory Remarks

The USA has always prided itself on being a byword for the land of opportunities any person can enjoy. Such optimism may end where the issue of the minimum wage starts, as employees find themselves constrained by a salary ceiling. Forced into low-income groups of earners, there is nothing they can do except resort to aid or social programs to meet their individual or family needs. The situation round the use of aid has come to reach an alarming point judging by the scope of the issue. Employees representing fast food, home care, childcare, and part-time college faculty sectors ...

Introduction

Monetary policy and fiscal policies are important aspects of the analysis of the U.S economy, as they have a significant impact on the growth of the economy. Moreover, the two types of policy issues are always in active use in the country although the media offers much attention on various economic indicators. Nonetheless, both monetary and fiscal policies have a significant role in the development of an economy and must work together as they cannot exclusively work on their own. Fiscal policy works using tax and spending changes to impact on an economy in diverse ways. However, for any ...

In a neoliberal, globalized world, no country can exist on its ‘own’. In some way or the other every country is interlinked with the rest of the world be it its economy, its culture or politics. Neoliberalism, technology and increased globalization has transformed countries in a manner that was rapid and unprecedented. While some countries adapted themselves to the new ways of trading and conducting relations with other countries, some did not, resulting in the breakdown of their economies as well as their traditional systems of governance and living. The neoliberal policies originated in the developed countries of America ...

The global financial crisis of 2007-to-date is cited as being among the worst ever to affect the world since the credit crunch of the 1930s popularly known as the Great Depression. Coupled with the financial crises, a massive sovereign debt crisis advanced among leading national investors all over the globe and the most affected were the majority of European governments. The Eurozone crisis made it difficult for most nations to re-finance their debts leading to the creation of rescue packages and bailouts to prevent the collapse of economies that were in between the depth crises. Member states within the European ...

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Abstract
This study takes a critical look at inequality of wealth in the United States of America. It takes an empirical and objective look at the concept with regards to variables surrounding its occurrence in the American society. The topics and subheadings that are developed in this study are causes of wealth inequality, how to combat wealth inequality and also the consequences that the US environment is likely to suffer from due to its occurrence. The major aim of the subheadings is for the researcher to have the audience convinced beyond every reasonable doubt about all the variables concerning ...

Introduction – Immigration Crisis and Socio-Economic Development in Netherlands

Being part of the European Union, it was natural for The Netherlands to be impacted by the immigration crisis which had hit almost entire Europe. On one hand the administration of the country had to develop and implement strategies aimed at addressing the immigration crisis . Initially, the country had resorted to sealing the borders to prevent the influx of refugees . However, with international attention on the crisis - especially highlighted by the capsizing of boats carrying refugees in the Mediterranean Sea the nation had to resort to finally accepting immigrants into the nation. Needless to state that this move ...

Abstract

Developed countries have long agreed that there is a necessity to assist developing countries if the world is to develop continuously without issues. These developing countries have the capacity to compete against developed countries if they are given enough support and education on how they can bolster their development. Today, two regions are currently succeeding in breaking the expectations of the international community and they are East Asia and Latin America. Since the end of the Second World War, countries for both regions launched extensive economic reforms that enabled prosperity to persist in the region. Considering this change within ...

Over the years the PRC existence, the country's banking system passed a difficult and contradictory path of development, reflecting the peculiarities of the economic policy pursued by the state at a particular stage. In the late 70-ies of the last century in China economic and social reform was launched in order to create a model of “socialism with Chinese specifics” which would combine the primacy of market principles and effective macro control of the administering state agencies. In the process of creation of this model, an important role is given to China's banking system, as it is an institution, ...

Introduction

The economy of Japan has seen a downturn with the economic crisis in the year 2008. Every country has been faced with the consequences that resulted in different impacts. The paper will present the economic indicators and overall economic situations in the Japan. The background of the country’s economic policies will be present, with international and regional trade agreements. The focus will be on presenting the specific economic data along with the definitions and interpretations. Further on, the current state of the country’s economy will be examined in the light of trade, fiscal and monetary policy.

Background on the country and recent economic policies

Japan ...

The 16th century exploits of Christopher Columbus and his men did not only bring about social, cultural and political clashes that created the United States, it also led to the process that resulted in the emergence of the state of Mexico. Mexico is an enigma of a country to the south of the United States border whose recent political, economic and social transformations have been overshadowed by its complex relations with the more prosperous United States. This country profile seeks to examine the history and current state of Mexico. It also explores and analyzes political culture, geography, demography, political ...

Classical model of the economy has weaknesses that Keynes took advantage of to come up with the Keynesian model. In the classical view of the economy, the belief is that the market will always tend towards providing full employment and that people were satisfied with what the real world is described to be (Caporaso, 1992). However, this belief could not hold any water when the Great Depression started in the economy. It was at this time when economists wanted a more rational way of formulating economic policies. The operations of the market in the view classical theorists failed to sustain ...

Introduction.

Born in 1912 by Jewish immigrants in New York, Milton Friedman was a renowned statistician and economist best known for his contributions in the free-market capitalism. Throughout his distinguished career, Friedman made major contributions to the analysis and conducts of economics and economic policies. His significant work encompassed money, economic history, economic methodology, micro and macro-economics, international economics and economic policy (Friedman, Savage, and Becker, 2007). His work towards the development of economics as a subject remains a key mark in the literature of development of economics. Most of his theories and concepts are still in use, in most economies; however, to a ...

After the 1905 Revolution, trade unions sprung up in Russia. The Moscow’ Printers Union was the first illegal trade union set up in Russia in 1903. Between the years 1906 and 1907, there was the flourishing of trade unions. However, they were persecuted during the “Years of Reaction.” From the years 1914-17, they were seen to revive again only to be suppressed another time due to the war outbreak. Thus, the March of 1917 saw leaders construct a trade union movement, building it from the very basics1.
Although skilled and artisanal workers were mainly joining the trade unions in ...

Introduction

The National Development Policy (NDP) policy is a Malaysian development blue print that was introduced into the country in 1990 by Dr. Mahathir Mohamad who was the Prime Minister then. The NDP was meant to replace the NEP. NDP was meant to continue upholding the basic strategies that were held by NEP. In addition, NDP was to look into the following issues; focus on antipoverty strategy, place emphasis on human resource development, change the focus from over reliance on private sector for economic growth and finally focus on development of Bumiputera Community of Industry and Commerce (BCIC). In this paper ...

Chinese and Japanese Foreign Policy Interests: The Similarities and Differences

Throughout Asian history, China and Japan have consistently dominated several fields such as military, economics, politics and development. Both nations are separated by the East China Sea and can be considered similar in terms of its history, culture, and position in the Asian and World economy. However, despite these similarities, both nations have not seen eye to eye with regards to several issues, affecting their foreign relations with each other. Despite the fact both countries belong to different political spheres and hold different beliefs over the issue of territory, sovereignty and economy; the People’s Republic of China and ...

Introduction

When Karl Marx wrote his seminal work, das capital, he never thought that his work would be as influential as events in the 20th century testifies. Karl Marx is thought to be one of the most influential economists of all time (Barnett 46). His ideas were first put in practice by Lenin in Russia. Marx had predicted the revolution of the proletariat to depose the owners of capital in the industrial societies. But this revolution happened in one of the most backward societies in Europe at the time. Together with Leon Trotsky, Lenin established communism in Russia. Lenin came ...