Romania is the forty-sixth largest economy globally and ranked thirty-eighth in the most complex economy category based on the ECI (economic complexity index). The country has however faced a perpetual trade deficit (Steers, 456-461). Total exports into the country in 2009, for instance, amounted to $49.41 billion whereas the imports were $76.2 billion. In 2014 also, according to the ECI, Romania had an export of $71.4billion compared to $75.6 billion imports. In as much as an increase in trade is observable, the country is plagued by a perpetual trade deficit (Goschin, 24-37). To turn this scenario around and improve ...
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2017-01-05
Five-Force Analysis 3 Key Success Factors of the Company 4 SWOT-analysis 5 Recommendations 6 III. Conclusion 7
Introduction
This paper is devoted to the strategic analysis of the company Ryanair. It is an Irish low cost airline that is well-known in Europe. This company operates since 1985 and offers flights to around twenty seven different countries. There are no any incidents that could be associated with human victims during the whole company’s activity. Ryanair has become a truly budget airline in the 1990s. It has abandoned the business class, expensive airports and long-distance flights. As a result, in 1995 ...
DO YOU SUPPORT OR REFUTE THE ARGUMENT THAT THE PROLONGED AND BLOODY STALEMATE OF WORLD WAR I STEMMED FROM A SLAVISH ADHERENCE TO THE THEORIES PROPOSED BY CLAUSEWITZ? While the theories proposed by Clausewitz remain remarkable, they also caused the prolonged and bloody stalemate of World War 1 from a slavish adherence to them.
World War 1 was characterized by plenty of bloodshed making it correct to say that this was due to the slavish adherence to the proposed theories by Clausewitz.
The theory of Warfare led to World War 1 whereas the theory of Combat steered the War further and prolonged it.
The theory of Warfare brought about a declaration of War between Austria-Hungary and Serbia that was the ...
Answers to the questions
1.Analyze how nationalism and militarism contributed to the outbreak of World War I. Use historical examples to support your answer. Of the various causes of World War I, which do you think was the most important and why? 1. It is a well-known fact that World War I was a result of certain decisions taken by the leading figures of five different countries, namely Austria-Hungary, Russia, Britain, France and Germany. The character, structure and sequence of the principal events depended on these great powers and their powerful regimes. When looking at their primary concerns, motivation and agendas, one should ...
Introduction
World War 1 also known as Great War started in the year July 1914 and continued till November 1918 killing more than 17 million people. The war started due to various reasons and there were different events that led to fighting among different European nations. There are debates and discussion about the root cause that led to the war. However , the assassination of Archduke Franz Ferdinand of Austria and his wife Sophie on 28the June 1914 in Sarajevo who were shot dead by Gavrilo Princip was the prime cause of the war (Hamilton & Herwig, 2004).
Imperialism
There were various treaties ...
America and the Great War
Nationalism, imperialism and militarism are considered to be the three major causes to have set the stage for the Great War or the World War I (WWI). Nationalism is a strong association, devotion and loyalty to one’s country. It was not specific to a single country as nationalism was prevalent throughout Europe (Hamilton & Herwig, 2003). During the course of the nineteenth century nationalism became stronger. During this period basic literacy had increased which contributed to nationalism. Imperialism is the second major cause of the WWI. Imperialism refers to a country expanding its power and influence using military or ...
The First World War was a global war that originated from the European countries and involved approximately seventy million military soldiers. The war lasted for a period of four years as it started on 28th July 1914 and ended on 11th November 1918 leading to the death of over seven million civilians and nine million combatants, making it one of the deadliest wars in history. During this period, more than thirty countries declared war against each other with the main participants being two European central powers. One party consisted of Russia, Serbia, Britain, France, United States and Italy. The ...
The Slavic people in Herzegovina and Bosnia did no longer wanted to be a part of Austria Hungary. Instead they wanted to be a part of Serbia. In this manner nationalism effected the war. In addition the constant desire for more wealth for Great Britain and the conflicting countries, Imperialism caused the war. Prior to the war some of the Asian countries and Africa were the targets for Europe to control. Of the several causes of World War I the most impactful cause was the perhaps the irreconcilable conflict between the Triple Entente, headed by Great Britain and Central ...
In spite of the fact that World War I happened more than one hundred years ago, there are still many unanswered questions and a lot of controversy around it. The war started after assassination of the duke of Austria-Hungary Ferdinand by a Serbian nationalist, and shortly after the conflict between the two states, many other countries, including their colonies, were involved. However, many rulers were assassinated throughout history, and not every time such a huge conflict took place. In the case of World War I, tension had been growing for a long time before the explosion. With that said, ...
The journey towards the European Union (EU) integration has experienced several turnings. This section of the essay will detail some of the core turning points in the EU integration. Establishment of a Common Agricultural Policy (CAP) was a major turning point in EU integration. The Treaty of Rome defined the specific objectives of the CAP. The CAP was introduced in 1962 (Folmern.p). The establishment of the CAP was enshrined to the state of food shortages after World War II. The aim of the CAP was to build a common European Community market and to cut off tariffs on agricultural ...
The world has experienced many wars in the past with the most memorable being world war I and World War II. Superpowers are currently fighting to protect the world from plunging into world war III with concepts such as nuclear weapons becoming more common across the globe. A country's military power and its ability to exploit this power is used to rank a country among the superpowers. Dominant superpowers and rising superpowers are currently forming allies meant to protect their individual interests which also result in a state of conflict while declining powers are faced with a greater threat ...
1.The age of hope The keys to understanding of present and future, as a rule, inextricably linked with the understanding of human past. Imperialism has long been a dominant force in the history of human civilization. Imperialism is inseparable from the colonial policies, the seizure of new territories and the exploitation of indigenous peoples. Someone inclined to regard imperialism as a purely negative phenomenon, but it’s worth noting that it also had some positive effects. At the end of the XVII century Britain and France have entered the group of the most powerful nations. It was the beginning ...
There are different points of view on the reasons to begin the Second World War. On this work there will be considered two points, one of them was described by John A. Vasques. The other book to consider was Why Nations Fight by Richard Ned Lebow. According to Vasques, World Wars occur rarely, and their reasons are curious. There are classical reasons for war, for example, territorial conflicts. On the other hand, Lebow insisted in the idea of national significance. This may be delivered through the mass aggression or war But in fact, there were a lot of participants ...
The Great War was the bloodiest war in world history up to that point. Many historians claim that the buildup to the war was caused my militarism, alliances, imperialism, and nationalism (MAIN). This might be the composite indicator, but special importance should be placed on the Dual-Alliance between Austria-Hungary and the German Empire. The two came together for a myriad of reasons, most importantly a shared fear of Russian aggression, and remained together for over thirty years. Thus, an entire generation grew up recognizing that the two Germanic empires were closely allied, and the knowledge pervaded the culture of ...
Europe's Last Summer by David Fromkin considers the origins of World War from the perspective of the alliances Germany had formed prior to the war and how those alliances affected its entry into the war. It also examines how relatively small events (such as the assassination of Archduke Ferdinand) can spiral out of control and lead to a world war. In particular, Fromkin looks in detail at the European crisis that occurred in mid-1914 and pieces together his argument that it was Germany’s alliances and how poorly it handled its diplomatic relations which resulted in the terrible calamity ...
List the reasons for and against Confederacy. Did financial matters take priority?
In the 1850s and 1860s, cracks in the relationship between Britain and British North America began to appear due to North Brunswick stamps being bought by cents, not pence, and they had Charles Connell’s, not Queen Victoria’s, face on them. There were many Canadians during the nineteenth century who felt that uniting with the United States of America was impractical, unpopular, unnatural, but entirely necessary. There were many Canadians who felt that they had so much more in common with the United States that it made sense to unite together from an economic, cultural, defensive and historical ...
Germany
Nowadays Germany is one of the most successful countries. It has a lot of partners all over the world. Also, it is a country with the strong economy and good relationships. It is famous for its food, sports event, cinema and so on. But it wasn’t always so perfect. Germany has changed over the years and a lot of bad things happened with it. As you know, in 1914-1918 was a big fight, World War I, and Germany was one of the most important members of it. “People all over the world wanted other people to know how ...
1. Introduction Bulgaria is located between the Turkey and Romania in the Southeastern Europe and has a variety of different sports practiced by its citizens. The country of more than seven million citizens has been part of the summer and winter Olympics game from their early start. In the country the most popular sports are football - soccer, volleyball, various different gymnastics, wrestling, weight lifting and others. There are various different sport figures popular in the country, but they do not fully address the international sporting achievements of Bulgaria on the international level. The paper will present the country’ ...
Immigration to Europe started after World War 2 and the rate continued to increase over the years into the 20th century up to date (" Debating Europe"). Western Europe experienced quite a significant percentage of immigration, especially after the World War 2. Currently, there are a sizable number of immigrants consisting of both Europeans and non-Europeans, who are defined as both illegal and legal immigrants. In 2004, the percentage even grew further after the European Union granted a permit for citizens to move freely within the EU nations ("Debating Europe"). The aspect of immigrations has received different reactions; some people ...
POLITICS AND WARFARE
The world wars and especially the First World War was one that took the world with a shock, it is was unprecedented. Never I the history of the world had there been so many nations forming allies and fighting each other in a bid to gain military strength and help protect national interests(Beckett 225). To say that the growing tensions that lead to the occurrence of this war had been foreseen as something that could lead to a potentially catastrophic world war would be tantamount to rhetoric, however, there were subtle cues and several instances that when keenly ...
The WW1 erupted in the year 1914 and continued for about four years. The main participating countries were from Europe, N. America, Middle East, as well as other nations. The war was fought between two alliances, that is, the Central Powers versus the Allies. The Central Powers majorly comprised Germany, Turkey, as well as Austria-Hungary while the Allies was made up of France, Russia, Japan, Great Britain, Italy, as well as the U.S, which joined later in 1917 towards the end of the war. The WW1 was unique in its nature, marked with mass human killings, property destruction, as ...
Part One
Part Two The International Monetary Fund (IMF) aims at providing loans to the nations in need as well as stabilizing the exchange rates. Among the roles of this organization include helping countries handle the economic crisis, promoting the stability of their exchange rates, and surveilling the economies. Greece, Iceland, Ukraine, and Hungary are among the numerous countries that the International Monetary Fund has given financial support during their difficult economic and financial times. Thus, this part of the paper explains the recovery process in each of these four countries. Greece has been experiencing economic challenges and financial difficulties for ...
Problem Statement and Recommendations
The growing influx of Mid-East refugees into Europe, particularly in last five years, cannot be overemphasized. The mass uprisings, civil wars and political persecution are leading causes for current refugee crisis. The path made by refugees into Europe's heart is, if anything, a major logistical issue, apparently minor but is at core of current refugee crisis. As Mid-East asylum seekers and refugees continue to pour into European countries and across borders, European security is at stake at multiple levels. First, "source" countries – i.e. countries at Europe's southern borders at which refugees first set foot from countries of origin – pose ...
Introduction
The First World War (1914-18) was triggered by the assassination of Austria’s Archduke Franz Ferdinand, which invoked several alliances between different countries in order. But, other events that preceded the assassination worked as a build-up towards the First World War that engulfed the whole world. The increasing nationalism, militarism and imperialism, also played a major role as states and people within started to identify themselves one nation. Also, the presence of the alliance system and the rise of Pan-Slavism started to light the fire. Combined together, these factors brought the world to the brink of a war, which ...
1. Introduction and statement of the problem Europe and European Union are facing one of the biggest migration and refugee problems after the history. The influxes of the migrants that are fleeing from the Middle Eastern and North African countries are risking their lives to reach the old continent. The deteriorating human rights, civil war, insecurity and abuses are forcing people to risk their lives on boats and long journeys. The majority of them are coming by boat which is increasing the threat of drowning that has reached alarming rates in the recent past. Based on the United Nations ...
Introduction
As the modern day business sees the emergence of new capital markets with enhanced relaxation over foreign capital governance and raised flexibility of stock exchange rates, it is very important for academicians and industry experts to derive a relation between the foreign exchange rates and stock market fluctuations. This information is a key component for the international investors so that they can effectively diversify their investments with an adequate hedging strategy. Also, understanding the true nature of interrelation between the stock market and foreign exchange is also a must for the financial policymakers so that they can try to ...
The Ottoman and the Habsburg territories were the two major talked about empires that formed distinct categories in the Europe. The Mediterranean surrounded the two. Rooted in the Sunni Islam, the Ottoman Empire occupied the eastern and southern Mediterranean. On the other hand, with the Roman Catholic Christianity as their religion, the Habsburg Empire covered the western and northern Mediterranean. Though similar in some ways to the socio-economic ways, however, both the empires comprised of varying many different ethnic and religious groups. (Pál and Geza 47) Inalcik narrates that “Ottoman judiciary the judges were the administrators in the ...
In 1914, the world witnessed a ripple effect of war declarations as existing treaties compelled governments to defend nations with which they were allied. At the origins of the skirmishes, the assassination of the heir to the throne of the Austria-Hungary Monarch, Archduke Franz Ferdinand, by a Serbian nationalist pitched the two countries against each other (Foner GML, 733). In other words, Austria-Hungary made the first war declaration, against Serbia. Now, the individual States had existing agreements with other powers and as a result, more nations joined the skirmishes as part of either the Allies or the Central Powers ...
Impact of the Second World War on Western Europe
The war had a devastating impact on the social, economic, and political life of Western Europe. Psychologically, the people of Western Europe were tired of the war. It is perhaps the most significant difference between the aftermaths of WWI and WWII. Consequently, calls for retaliation and nationalistic sentiment were not as high. The severity of the psychological anguish is illustrated by the millions of people that the war left dead. Many more were displaced from their homes (White, 1953). Sickness and injury were the norm rather than the exception. Many, especially the Jews and those that survived the Nazi ...
IMMIGRATION CRISIS
Impact of immigration crisis on travel industry Introduction The European border has been open for refugees and countries never applied strict restriction on immigrants before the crisis of 2015. Due to globalization, the process of migration has increased, and Europe has to face surge. People due to several reasons started moving from their homelands to Europe. The flow of these immigrants is a mix of extremely complex factors. Even majority of immigrants arriving Europe because of the security reasons, but as the crisis is increasing it has to turn out to be necessary for Europe to take serious measures ( ...
The main reason of the beginning of the World War I was to pinpoint the differences between the leading countries such as: Britain, France, Russia, on the one hand and Germany, Austria-Hungary on the other. The UK could not forgive Germany the support of Boers in the Anglo-Boer War of 1898-1902. In addition, already at that time between the two rivals waged undeclared economic and trade war. Both countries have built up their military and had an interconnected arms race. France also wanted revenge for the defeat of Germany in the war of 1870-1871's., She wanted to return Alsace ...
The first war the world went to took place in 1914. This event was seen as a political endeavor that would realign the powers of the Great Nations at the time and assert their influence and power in global politics. The war was featured by alliances of ally nations in Europe as each side sought to protect its individual interests and authority. All major powers such as Germany, Russia, Britain, and France went to war with the auspices that they were defending their national honor. At this time, these countries called for the need for presentation of a united ...
Finance
Treasury Risk Management (a) (a.1)
The forward rate is:
Forward rate = 1.4010 + 0.095 Forward rate = 1.4105 Payment in six months: 8.5 million euros. Payment in GBP = 6,03 million GBP (a.2) 8.5 million EUR are 85000 options paid: Call: 1.2 * 85000 = 102000 GBP in paid premium Put: 1 * 85000 = 85000 GBP in paid premium Both strike options are different from the two values of currency exchange 1.37 EUR/GBP and 1.43 EUR/GBP. The results will be: 8,5 million EUR / 1.42 = 5,985,915.49 GBP – 102000 GBP = 5,883,915.00 GBP 8,5 million EUR / 1.4180 = 5,994,358.00 GBP – 85000 GBP = ...
The ways to enhance the material design to frame the national identities was evident by 1914.Nations in order to exemplify and express their culture and to influence people of their status and authority they began to use the design artifacts and images . The strategies used were either presenting the futuristic design or traditional craftwork. The merging of strong nations was one of the dominant themes in last decades of 19th century was one of dominant themes in first years of 20th century.
Pevsner’s pioneers of modern design and Fiona McCarthy ‘A history of British design’ focused on relationship between ...
Introduction
In their publication (Jean Louis & Frederic Hitzel) indicates that a vast pan-Islamic state of the Turks started its expansion in the small Turkish emirate location within the boundaries of the present republic of Turkey. It extended to North Africa, some part of Middle East and southeast Europe. It had also gained temporal authority over secluded overseas lands in the mode declarations paying of allegiance to the Sultan and Caliph. The publication further indicates that the empire was the pivot of interactions connecting the Eastern and the Western world for six centuries. This Ottoman Empire was an Islamic successor to ...