The Gross Domestic Product (GDP) in China stretched 1.80 percent in the final quarter of 2013 over the past quarter. The National Bureau of statistics of China is the body accountable for GDP Growth Rate in China. According to it, China's average GDP Growth Rate is of value 1.99% since 2010 up to 2013 where it arrived at an unbroken high value of 2.60% in the 2nd quarter of the year 2011 and a low record of 1.40%t in the first quarter of 2012. In China, the development rate in GDP measures the change in the occasionally balanced value ...
Trillion Research Papers Samples For Students
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Current Economic State and 2008-2009
It is about six years since the world experienced the worst global financial crisis in the history of the world economy, however, considerable improvement can be seen by looking at economy of various states all over the world (Irwin, 2013). The economy had a continuous increase of risk in all sector following the failure in housing prices and weak monetary policy of key economies of the world. Risky economy resulted to the sudden change in the lending rates and spending by the households. The effect of these was manifested in the sudden but steady decline in the world per capita.
...
A Fossil fuel power station is a plant location where fossil fuels are burned producing electricity. Such fossil fuels include petroleum, natural gas, and coal. There are power plants which are designed for continuous operations for large scale purposes called central station fossil fuel power plants. Fossil fuel plants in many countries are used in the provision of electricity. They have machines for conversion of heat energy from combustion of fossil fuels into mechanical energy that operates an electrical generator producing electric currents (Camus et al. 154).
The Samso Island is planning to exhaust the application of fossil fuels ...
Economic Bloc in East Asia
The formation of an economic trade bloc between the Association of Southeast Asian Nations or ASEAN countries undoubtedly holds great potential considering the trade clouts that countries such as China, Taiwan, South Korea and Japan hold. China and Japan, being two major players in the region have expressed their eagerness to form a powerful economic bloc that would allow member countries to exercise greater influence over global trade. Japan would like to reduce its dependency on the United States and seeks to renew the progress of its economy that has remained dormant for over twenty years1. As a result, China, Japan ...
Resolved we Should Increase Taxes on the Rich
Should we Tax the Rich More?
It’s the right time that national leaders had the great courage to push higher tax on the well-off. There are other solutions available to the country’s federal debt problem that will not require increasing taxes paid by the average earner than to target the one that has the larger means. The government’s decade-long avoidance to the term tax and relying on the silly euphemisms of surcharges and revenue enhancement should end. President Barack Obama has done a significant decision by pointing out the idea of imposing higher tax to the ...
China
China comes second after the United States in the list of having the biggest economy. Its economy is known for growing at a high speed in the past three decades. China is also known for importing and exporting goods at a high rate in the world. The country usually trade with nations like America, Japan, and Germany among others, which create over half of China’s trade in the international market. In 2010, investments from other nations into the country were over $100 billion and Chinese oversea organizations brought $59 billion, an incidence that has never been experienced before (Hoffmann & Enright, ...
Industry: Online Retailing in China
Industry: Online Retailing in China
Background
Despite the concerns about China’s decelerating economy, the country has remarkable ratings in the online retailing industry. According to McHugh (2015), a recent report released by Forrester Research established that online sales in China amounted to about $307 billion in 2013. In 2014, the Chinese e-commerce giant, Alibaba Group, generated approximately $25 billion dollars in the largest initial public offer (IPO) in the world’s history (McHugh, 2015). According to Fung Business Intelligence Centre (2013), online retailing is rapidly transforming China’s commercial landscape. Fung Business Intelligence Centre (2013) further notes that consumers ...
In the economics, fiscal policy is defined as the policy that is used to influence the economy by balancing the revenues and the public expenditures (Arnold, 2008). There may be different approaches to the fiscal policy that depend on the state of economy: expansionary (government spends more than it earns), neutral (when economy is stable) and contractionary fiscal policy (government receives enough taxes and can pay out its debts) (Arnold, 2008). In this paper, the U.S. fiscal policy will be analyzed in detail. To begin with, I will define what kind of fiscal policy the U.S. has been applying. ...
Letter of Transmittal
Designation, Department Name
Dear Professor Name,
I hereby submit a report requested on ‘’Major Reasons for Financial Crisis of 2008’’. In order to provide an authentic and resourceful report, I have referred to some of the best academic and research resources.
Regards,
Introduction:
It has been 6 years now since the news of bankruptcy of Lehman Brothers shook the global financial world. The intensification of the global financial crisis following bankruptcy and dis-solvency of leading investment banks, corporations, commercial banks, etc. had made the economic and financial environment very tough for the world economy. By early 2009, whole ...
Abstract
China’s surge from poverty because of the superbly favorable market improvements has shrouded important deficiencies in its economy; particularly compared to the United States economy. The deficiencies have been infuriated by revived Chinese government interference that started around a few years ago. So many people appear persuaded that China is at the edge of exceeding the United States economically. However, Americans can take comparative advantages that they have over the Chinese such as in areas of labor, in income and areas of natural resources.
Introduction
There is progressively argument of China exceeding United States in the size of raw economy ...
Company description
Indicoff Company is a global coffee company based in New Delhi, Indian that purchases and roasts high-quality whole bean coffee. The company is passionate purveyors of hot and cold coffee, in conjunction with everything that goes with a full and rewarding coffeehouse experience. The company aims to expand its stores and products to new markets in different countries and territories and compete with others coffeehouse globally. Indicoff will also sell pre-packed food items, cold and hot sandwiches and items such as tumblers and mugs. Many of the company’s products will be seasonally depending with the locality of the store. It ...
Government
Introduction
As we approach November 6th, we are once more hearing the calls from the political activists strongly insisting on the fact that it is not only a right but also the responsibility of the Americans to vote in the approaching election. It is also the responsibility of the American Citizens to vote in for an effective government. It is very sad to see that even those voters who seem to be informed have no proper understanding of the issues that are facing our country and this puts up the question of whether we are in a good position to ...
Throughout history, financial crises and economic recessions have taken place in different parts of the world. After the collapse of the Soviet Union, the United States of America emerged as a force to reckon with in the global market. The emergence of the United States of America as a financial power house is attributed to the liberalization of the markets and the focus on the development of the IT and communication sector. Given the pivotal role of financial epicenters in global financial markets, a crisis in any of the financial epicenters can have devastating effects. In 2008-2009, there was a financial crisis that ...
Introduction
Shenzhen, a metropolitan in Southern China, has a house price to income ratio as high as 41.15 according to Property Investment Index 2012. This is not surprising news for Chinese real estate market, as the average housing prices in China had already tripled from 2005 to 2009. Chinese property bubble is an ongoing real estate bubble in both residential and commercial real estate. While this phenomenon has caused many social, economical and cultural problems in the country, there was a heated discussion about the causes of this bubble. This essay will discuss the main causes of this bubble and further connect the ...
The paper will focus on income inequality, poverty and discrimination. The problem of discrimination based on gender in the United States and the occupational segregation that leads to the unequal opportunities and inequality in the income and makes some groups more vulnerable than others. The discrimination based on gender will be examined based on the statistics from the Bureau of Labor Statics. The comparison will be made based on the average income of women and men in weekly earnings, the difference in working hours that will be shown with the income gap. The occupation segregation will be shown based ...
Fourteen years after the Twin Towers terrorist attacks in New York City, questions linger about the wisdom of sending American troops to Iraq almost immediately afterward. Was the decision to go to war against Iraq justifiable, or has it proved to be a pointless, costly war with disastrous consequences? The incontrovertible evidence has shown that the Iraqi War fits the latter definition for three distinct reasons. It is my opinion that the American-led invasion of Iraq was a bad decision because it was unjustifiable to begin with, caused sectarian violence that has still not abated, and has been costly in terms ...
The crisis of 2008 was the moment of truth for global economics pointing out new possibilities for developed countries to challenge their financial system. This world phenomena was one of the most discussed and controversial during the recent decade. Crisis events, which we observed in American financial system in the second quarter of 2008 affected the majority of countries all over the world and were so drastic and huge while measures of regulators stabilizing the situation so unprecedented, that it allowed to question the effectiveness and resiliency of American financial capitalistic model on global world market (Ershov, 2010). Some ...
- History of tobacco smoking in America
- The presence of tobacco in America dates back to the seventeenth century. Initially, tobacco was grown by poor farmers as a foundation crop. The demand was low and it was cheaper to acquire. However, subsequent wars increased the consumption of chewing tobacco, smoking pipes and cigars. Eventually, the market grew with the availability of slaves. Although slavery had existed long before tobacco was planted, the sudden increase in demand created an unexpected opportunity. The slave labor was incorporated into the tobacco labor force. Moreover, machine produced cigarettes reared its ugly head ...
(Professor Name)
3rd , November, 2013
Entitlement Spending Squeezing out Public Investments
Federal Investment is that portion of Federal Budget which promotes national growth by accumulating and enhancing total stock of capital. These kinds of expenditures are intended to yield long term benefits to the economy as a whole. However, over the years, federal policies are more inclined towards providing payments to households in the form of entitlement rather than providing goods and services through Investment Expenditure.
In a poll conducted by Fox News Poll, 73% of the american citizens are not satisfied with their country’s financial position. ...
President Obama and the Republicans are really engaging in a bitter war against both sides when it comes to the topic of health insurance for Americans. This research paper will discuss the major issues that exist between the Republicans and President Obama with the Affordable Care Act. I will compare the pros and the cons of the new law. I will explore who will benefit from this law in which has been nicknamed as “Obamacare”. Why are the Republicans fighting so hard to stop this law? How much will it cost the government?
Republicans’ stand
There were claims that the Patient Protection ...
The US has been the world’s sole super power since the end of the world wars. It has been the world’s dominating superpower that has been ruling globally unchallenged. However, the world is changing and there is a rise of the latest players in the market and the fall of the old players in global politics and economically. China is rising up and this calls for the end of the US dominance as a superpower as it prepares to take over. China will eventually surpass the United States however, it is too soon to declare that it will happen ...
Abstract United States is one of the world’s super powers following its developed economy. This has been attributed by strong nominal GDP, low unemployment rates, low inflation rates, strong currency and developed infrastructure. Although its economy has been affected by the economic crisis of 2007/2008, their macroeconomics still remains positive. This paper focuses on the macroeconomics of the United States. Under this, the paper discusses the Gross Domestic Product of the States, Unemployment rates, Inflation rates and the exchange rates. It starts by giving a brief introduction of the U.S. macroeconomic in general then goes further to discuss each of the ...
Introduction
Apple is a US company whose business is the design, development and marketing of personal computers, portable digital music players, media devices, cellular phones and other personal electronic devices. Apple’s website describes the company as a corporation that develops and markets software, software services, networking services and solutions, peripheral equipment, and internet applications (Apple.com, 2013). The company is one of the most recognized consumer brands in the world and is poised to become the first trillion dollar company of the world. The Apple brand is so strong that it already commands a very strong brand premium. The base customers of Apple’s products span ...
The rate of poverty in the United States in 1964 was around 19%. The then President Lyndon Johnson declared war on poverty. Approximately $12 trillion has since been spent on the fight against poverty. However, the rate of poverty has never gone below 10%. Currently it is estimated to be close to 15.1%. This shows that the welfare system is ineffective towards the fight against poverty. Welfare programs include the cash benefit programs among others. A common example is the Temporary Assistance to Needy Families. The federal government currently funds 126 welfare programs with the goal of lowering poverty ...
Today there are two different headlines over the news that seem to give opposite information. One common headline tells us that peak oil has been reached and oil is not going to last forever. The story under the headline usually gives information about living a more environmentally sustainable lifestyle by switching to alternative fuels. On the other hand, there are other headlines declaring that there is plenty of oil because petroleum companies are taking advantage of deep sea drilling and sand tars. Our science courses tell us that there is only so much fossil fuel because the amount depends upon ...
Business Intelligence and Analytics in Higher Education Institutions
Business Intelligence and Analytics
Business Intelligence and Analytics refers to the process of collecting and analyzing data from internal and external systems to produce actionable information to help in making decisions. The process of business intelligence and analytics is driven by information technology and in modern business; there are countless software for this purpose. The users of the simplified actionable information could be management or the people in operations.
The current economy is information-driven; producing what has come to be known as the knowledge economy. Modern business is generally driven by having the right information at the right time ...
China's leading role on the world market is undeniable. Over the years, Chinese reforms transformed this country from a backward agrarian one into a leading industrial power, by industry of which the stability of many countries depends on. Another proof was the fact that since 2010, China has become the second largest economy in the world after the US, ahead of Japan, which had occupied this position for 42 years (Greenaway & Milner, 2010, p. 20).
Today, China is the largest consumer, producer and exporter in the world. China encourages the discovery of new commercial and industrial enterprises, the implementation ...
According to CIA World Factbook, the GDP of France in terms of “official exchange rate” (The World, 2016) in 2015 was “$2.422 trillion” (The World, 2016). In terms of GDP per capita (PPP), in 2015 it was “$41,200” (The World, 2016) .For comparison with past year results, in 2014 GDP per capita in France was “$40,900” (The World, 2016) and in 2013 it was “$41,000” (The World, 2016). Looking at these numbers, it is seen that GDP per capita is quite stable in France. In regards to the United States GDP in terms of “official exchange ...
Introduction
In late 2007, the Dow Jones Industrial Average (DJIA) closed at a record low. Stock markets around the world nose-dived alongside the DJIA. Turbulence in the sub-prime segment of the US housing market, paralysis of the credit markets, excessive lay-offs in organizations, steep decline in investments etc. were all some of the indicators that the world was heading for a massive credit crunch. In the words of Mr. Strauss-Kahn, head of IMF, “Intensifying solvency concerns about a number of the largest U.S.-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown” (BBC ...
APPLICATION IN MARKETING - SAMSUNG
Abstract
Samsung is listed in the Fortune 500 and is considered one of the most recognized brands on a global level in multiple categories.
With Mobile devices leading the product category, Samsung has also been able to develop world class product lines, in Television and Audio and Video, Cameras, Information Technology, Home Appliances and Memory and Storage.
Samsung products cater to a wide variety of consumer segment and this makes the company unique in terms of carving in a profitable business niche.
Samsung’s aggressive strategy in the emerging market is a key way forward to maximize revenues and ...
Macroeconomics: The State of U.S. Trade Policies and the GDP
Introduction
According to a report published in the Washington Post said" 20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers have their pick of inexpensive items made by people thousands of miles away whose pay was much lower than theirs. And in time trade barriers would drop to support even more multinationals expansion and economic gains while geo political cooperation would flourish"( Collins,2015). This statement clearly implies that globalization is beneficial for ...
Introduction
Concerns with avoiding the adverse consequences of Global Warming and the effects of Climate Change has increased significantly over the past decades (Deutch et al.). The leading economies such as the United States are still reluctant to adopt comprehensive climate change policies despite pledging to do so. Nor has there been an agreement with the emerging rapidly-growing economies such as India, South Korea, China, Indonesia, and Mexico on the mechanisms to adopt Greenhouse Gas (GHGs) emission constraints (US Energy Information Administration [EIA]). With Global emissions of GHGs projected to continue to increase, there is the added urgency to not ...
An Assessment
Abstract
The climate of healthcare and how it costs in the United States has changed a lot over the past decade. Most of this change came with the passage of the Affordable Care Act, a broad extension of Medicaid and a healthcare marketplace where pricing is more transparent and competitive. This has effectively closed the healthcare gap for a large number of Americans who could not afford to have healthcare insurance before, but the problem has not ended entirely. A highly partisan Congress forced the Act to have caveats and outs at the state level. This has allowed for ...
Response to the great recession of 2007-2008
Introduction
The 2007 financial crisis had various causes, with the primary ones being the failure of key corporations in the state, asset value depreciation, lack of adequate government intervention to control the financial market and finally reduced economic activities. However, to manage the situation, both regulatory and market strategies were sought by different stakeholders, with the aim to achieve economic recovery in the U.S. Global housing bubble reached its peak in 2006, leading to significant fall in the valuable asset price by a margin of 40%. The different securities attached to the housing market were exposed to more risks, ...
The quick trigger of the financial crisis of 2008 was the bursting of the United States housing bubble, which crested in between 2004 (Krugman 43). High default rates on "subprime" and flexible rate mortgages (ARM), started to rise rapidly from that point. An expansion in loan motivations, for example, simple starting terms and a long haul pattern of rising lodging costs had urged borrowers to expect troublesome home loans in the conviction they would have the capacity to rapidly refinance at better terms (Brink, Lowe and Victoravich 101). Once financing costs started to rise and housing costs began to ...
Abstract
Domestic violence, as its name suggests, involves intimate partner and family violence. The law has historically treated domestic violence as only a secondary issue. The treatment reflects the longstanding notion that family and domestic matters are private and should not be subject to law enforcement interference. Compounding this blasé attitude towards domestic violence was the fact that traditionally, women were considered to belong to their husbands. Until very recently, a husband could not be prosecuted for the rape of his wife. What is important to note is that domestic violence affects all types of persons. There is no one, ...
Introduction:
Despite the devastating effects of the 2008 global financial crisis and the subsequent Euro zone crisis, the tourism industry has continued to flourish. Initially, the industry was referred to as a cottage industry but the international travel and tourism industry has evolved becoming a major contributor to economic growth and development in almost every economy in the world. Research has shown that the global increase in worldwide tourist arrivals outperform gross domestic product growth in one out of every two years in the past three decades. Many countries regard tourism as the most significant primary export industry especially the developing world. ...
The total budget of the United States is comprised of the off-budget and the on-budget. Off-budget are parts of the budget that have trust funds. This is for instance social security fund, and Medicare. On the other hand, parts of the federal budget that operate without a trust fund are referred to as on-budget. A deficit or surplus in the total budget is influenced more by the on-budget than by the off-budget such that, a deficit in the on-budget increases national debt. Much of the history of the history of the United States of America from 1930 to 2011 is characterized ...
After the world war period, the United States America became the super power making it a key player in the international relations and the world police. This paper seeks to establish some incidences that have occurred portraying America as the world police and the impacts it has made in such regions/incidences.
Prior to 2003, Iraq was perceived by both United States of America and United Kingdom to be in possession of weapons of mass destruction. Due to the threat these weapons had on international scale, America and U.K had to act to stop the manufacturing of weapons of mass ...
Introduction
The term globalization is no longer restricted to economic journals and text books. The definition of globalization has taken a wider sphere. Globalization has taken the world in its embrace since the turn of the last century. By globalization today we mean the greater integration of the world in terms of economic cooperation, financial interactions, cultural interchange, as well as enhanced political interrelationships. Thus globalization has not only increased the knowledge, understanding and appreciation of the culture, values, ethics and socio-political strife of the other nations of the globe, it has also increased the interdependence of the globalized nations. Initially, ...
Tax Haven is a country or an area where either taxes are not levied at all or are levied at a lower rate as compared to other areas or countries. International taxation may lead to higher tax rate and hence a higher amount of payment, due to this the various entities having subsidiaries may establish themselves in a tax haven. Different countries are a tax haven for different entities and businesses. Such a situation may lead to competition among governments. Various business houses prefer to establish themselves in an area where the tax rates are low. As per a report in 2012, the amount of unreported ...
India is among the largest democracies in the world, and it is also the tenth largest economy of the world. India also has the honor of being the third largest economy of Asia, and part of the developing world. It also occupies a position among BRICS. All of this makes India a tempting opportunity for investors. Many companies should invest in India specially the health care and health equipment manufacturer. This report is going to discuss the feasibility of what type of Healthcare firm should enter India. What kind of product and market offerings should the company provide, and how should ...
Currently, there is confusion about China's role in the Middle East and its relations with Saudi Arabia. In lights of developments (the Arab Spring) that have swept recently in the Middle East and North Africa , the spotlight on China-Saudi relations is of great significance, as it will help in understanding China's role in the Arab world. Additionally there are doubts among many of the ruling elite in the Middle East in general and Saudi Arabia in particular, about the United States' credibility as a strategic ally after they witnessed the speed at which the American administration abandoned its allies in ...
Management Strategy: An Analysis of the LIBOR Crisis of 2012
One year has lapsed since the regulatory report that fined British Banking Association (BBA) for the alleged London Interbank Offered Rate (LIBOR) scandal in 2012 (Szilárd and Zoltán 23). LIBOR entails a yardstick of interest rates administered by the BBA. LIBOR calculates the interest rates based on the borrowing periods. This serves as a benchmark to the average cost of banks in their unsecured borrowing for a certain period. In the past, the BBA has been performing its role of lobbying and overseeing LIBOR while unregulated. LIBOR has a vast number of transactions in use reaching an estimated value of more ...
What process do budgetary policies follow? What legislative committee is assigned to each part?
When it comes to budget, most of the people presumed that it is something occurs due to lack in funds. The students usually turn into a budgeting mode to meet their expenses within limited resources. The word budget is mainly taken as the number of instances and perspectives, however, the main purpose of the budgeting is not for specified scenarios such as to manage expenses within tight financial situation but it is for everyone either for rich or poor in a similar manner. Budget is usually referred as the anticipation of the incomes and expenses for a particular span of time in the ...
Currently, there is confusion about China's role in the Middle East and its relations with Saudi Arabia. In lights of developments (the Arab Spring) that have swept recently in the Middle East and North Africa , the spotlight on China-Saudi relations is of great significance, as it will help in understanding China's role in the Arab world. Additionally there are doubts among many of the ruling elite in the Middle East in general and Saudi Arabia in particular, about the United States' credibility as a strategic ally after they witnessed the speed at which the American administration abandoned its allies in ...
Since ancient history, China’s capability to be a dominant and influential actor in the world had made itself known as it grew as one of the oldest and influential civilizations to exist even in the modern world. The Chinese had introduced Eastern culture to the West and brought the West and the East together as they were one of the earliest traders and scholars. Throughout the times of the Great Wars, it is visible China did not make a significant role and have mostly concentrated on its own affairs regionally. However, in recent years, many are now noticing China’s ...
Sun plays crucial role in the life of the Earth. The entire organic world of our planet is obliged to the Sun for its existence. It is not only the source of light and heat, but also the original source of many other types of energy (oil, coal, water, wind). Since people appeared on the Earth, they began using the sun's energy. According to archaeological data, it is known that housing preference was given to quiet places, closed from the cold winds and open to the sun's rays.
Perhaps the earliest known solar system can be considered the ...
Name1Name: Professor Name:Title: Obamacare and its negative impacts on USDate: Obamacare and its Negative Impacts on US Obamacare also called as “Patient Protection and Affordable Care Act (PPCA) which is signed by American president Obama in order to provide affordable health insurance to the American citizens by reforming health care industry and insurance industry. Obamacare made about ten millions of middle-income and low-income to access the quality health care by this Affordable Care Act. But it’s also having many negative impacts on the US citizens. Survey reporting that obamacare will affect the doctors, small business, economy growth, hospitals, ...
Despite its wide usage, the term Latino has no precise definition, rather its meaning depends on the context of use. Understanding the meaning of the term is imperative as there are several terms often used as its synonyms. Terms such as Hispanic and Chicano are in some contexts used interchangeably with Latino, despite the fact that they all refer to different people with different cultures (Delgado, 12). The confusion of the terms is based on the emphasis on the shared origin or heritage, while at the same time ignoring other differences. In deed the term Hispanic was coined in ...
In the United States history, the healthcare economies have gone through humongous drastic changes, which have evidently culminated into the noble reforms that are notable currently. Although there are many factors, which come into, play concerning these changes, the fundamental driver behind these noble changes has been the key advances in advanced technology and medical care techniques especially in the field of surgical services and diagnostic imaging. In addition, it is paramount to comprehend the fact that in spite of the time-period taken, the payment for the services, as well as its primary source, has ultimately been a vital element ...
Introduction
The Buy American act was passed in the year 1933 and applies to all United States government purchase of goods that are valued above the micro-purchase threshold. It, however, does not apply to the services. The act states that all goods meant for public use and either fully or partially funded by the American Recovery and Reinvestment Act (ARRA) must be produced in the United States and all the manufactured goods must be manufactured in the United States. Section 1605 of the ARRA clearly states that not a bit of the funds provided by the act may be used to ...
Abstract
Mexico is the world’s 12th largest economy in terms of Gross Domestic Product ($1.657 trillion), growing at an average rate of 3.8% annually. With a 47.7 million labor force, Mexico has GDP per capita of $15, 100 which is the 81st highest in the world. Mexico’s leading industry include food and beverages, tobacco and cigarette production, chemicals, iron and steel manufacturing, petroleum, mining, textiles, clothing, manufacture of motor vehicles, consumer durables, and an active tourism sector. Ninety percent of Mexico’s trade is under free trade agreements with countries from the whole North America, most of Central America, ...
Research paper
Introduction
A general slowdown in economic activities of a given nation has various repercussions. This slowdown is what is generally referred to as recession. During this period, the macroeconomic indicators like employment, Gross Domestic Product, capacity utilization, business profits, inflation, and investment spending fall whereas unemployment rate and bankruptcies rise. From the past, this has negatively affected the living conditions of common citizens in all the nations that this business cycle contraction has occurred.
The role of the government of a nation is thus to intervene in the occurrence of a recession. For that reason, this research paper focuses on ...
Abstract
In leiu of the various reforms and proposals being undertaken to rehabilitate the ailing health care industry in the United States and elsewhere, this paper presents the benefits and advantages of succumbing to one excellently managed system of health care delivery – through a managed care health insurance plan. It is the best proposal to reform the already cost-burdened health care system of the country. This is due to the fact that with the insurance system, the government is able to reduce its spending and save trillions of money through the unification of the government sponsored Medicare and Medicaid with the ...
ANALYSIS OF CHINA'S ECONOMY
ABSTRACT
China still being a developing nation has witnessed quite difficulties in managing the economy. Due to the constantly rising challenges including high level of inequality, rapid urbanization along with demographic pressure related to aging of population and migration of labor, China has lost its competitiveness in the international market.
Even though, China has become the world’s largest exporter of goods and services, it still faces difficulties in managing the troublesome economy of the nation. The high level of trade deficit along with high credit requirements of both public and private sector has reduced the economy of ...
Introduction
We are in the middle of a fast growing internet age. Internet, social networking, VOIP, teleconferencing and cloud computing are growing phenomenally. Though the growth of technology is on fast track, the security system is yet not full-proof enough. This lapse in security measures provides an opportunity to a group of people to intrude private networks and system illegally, resulting in the creation of a new brand of criminals called cyber criminals or hackers. Internet is a virtual space not restricted by any country boundary. Often vulnerability in the network of one country can be used to attack a neighboring country. In UAE, first ...
The invasion of Iraq was not morally just as it was a preemptive attack on a sovereign state. While international law recognizes the use of preemptive military action, the same ought to be sanctioned by the Security Council (Devetak et.al, 2011). The invasion was devoid of this international law requirement thus a moral justification would suffice only if Iraq had attacked any of the invading country; which would make the invasion a just war. Again, religious groups, more so the Catholics opposed the invasion on the basis that it was morally wrong to use preemptive and unilateral military action (Fleishman, 2008). This lack ...
Germany is a Federal country located in the Central part of the Western Europe. It is made up of sixteen states and its capital city is Berlin, which is also the largest city in the country. The country covers an area of approximately 137,847 square miles equivalent to 357,021 square kilometers and it is also the seventh largest country in Europe other than being at number sixty two among the largest countries in the world. The climate of this region is temperate seasonal with cold humid weather most of the time. The population of Germany is approximately 82 ...
Background
The Russian Federation is the 11th biggest economy of the world in terms of nominal gross domestic product, with about 142 million people living in 6.6 million square miles of land. Russia’s gross domestic product for 2011 is estimated to be about US$ 3.05 trillion, the 6th largest GDP – Power Purchase parity in the world according to the International Monetary Fund (2012).
Russia’s market economy is one of the fastest growing in the world, and according to KPMG (2012), has enormous potential in natural resources such as oil and gas, energy and construction. Growth is driven ...