Essays on Economic Issue

The series of economic issue is aimed at making the availability of a broad readership of none- specialists that are produced by economic research on topical issues by the International Monetary Fund. The causes of rural poverty are complex and multidimensional (Khan). They include cultural practices, climate, public policy, gender, and markets for the products. Additionally, poverty in rural areas is diverse concerning the problems they face and the possible remedies to the above problems. Therefore, this paper will discuss the causes of rural poverty, factors that are accounting to its persistence, economic policies for poverty reduction in developing ...

International Economic Issue: Unemployment

Unemployment is among the main economic issues for every country in the world. It occurs when people do not have jobs, but are available to work and are actively searching for one (International labor Organization 4). The fraction of unemployment in any country is represented by the number of unemployed individuals divided by persons currently in the labor force. Unemployment rate is among the main indicators of the health of any nation. Macroeconomic fluctuations have a strong impact on the unemployment rate of any country. A healthy and booming economy has a high demand, and the rate of unemployment in that economy ...

Unemployment as an Economic Issue

Is unemployment a major economic issue in the world? And how does it affect economic performance? The percentage of unemployed individuals (who are searching for jobs and willing to work) in the total labor force is a key indicator of market performance for any country. There are negative impacts on the standard of living when a person loses a job or if not employed. Job losers (together with those eligible for unemployment benefits) may find themselves consuming much less than usual. They then end up draining their retirement savings so soon. In addition, prolonged unemployment usually leads to both skepticism about the value ...

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Abstract

Overcrowding and scarce resources are among the most persistent problems besetting the correctional industry across the world. One approach being considered is privatizing prisons so governments can redirect resources to other areas in the society. The paper seeks to discuss this approach and establish the utility of such a practice.

Prison Privatization: Global Trends

Handing over operations of prison facilities to the private sector is a disturbing trend that is slowly becoming more and more commonplace as nations are aggressively looking for ways to reduce their spending. Though private sector businesses are recognized for being strict in adhering to efficient operations, and ...

Barack Obama July 29, 2010 Speech on Education

Barack Obama, the President of the United States gave a speech on Education during the National Urban League Centennial Conference. He spoke at the 100th anniversary convention of the National Urban League in Washington D.C. He was addressing the Urban Leaguers on the importance of reforming the American Educational system for better education of the American children. The issue of Education reform sounded an alarming issue to him since he termed it as “the economic issue of our time” (The CNN Wire Staff). Obama uses words and people’s examples on how the education sector can be reformed. He begins ...

You must focus on one or more economic issue related to the topic and discuss the economic issue and/or associated with your topic. Topic is related to economic of information Economics of e readers focuses on the impact of electronic book and article reading on the goods market and on the information market (Hudson, 2011) On the goods market, it basically affects the sales and marketing of books. E readers are improving on the production of books as it is cost effective. Every producer aims at cost efficiency which in real sense is more output and sales ...