Essays on Trillion

[Submission Date] This paper is written to present a short summary of an article titled “The coming debt bust” that was published on 7th May 2016 in a magazine named “The Economist.” The article presents the concrete reasons for which the Chinese economy has been facing financial troubles. Such problems may continue to rise if the prevailing financial situation (concerning debt and lending practices) in China is not controlled to an optimum level. The article presents that after the global financial and economic crisis of 2008, China’s debt level increased where the debt-to-GDP ratio increased to an alarming ...

Introduction.3

Political analysis 3 Economic analysis .4 Social analysis 5 Technological analysis ..6

Legal analysis .6

Environmental analysis 6 Conclusion7 Recommendations7

References.7

Introduction Out of one hundred and ninety six countries in the world, Spain was chosen for this assignment in order to conduct PESTLE analysis. Political, economic, social, technological, legal and environmental factors are going to be analyzed systematically and the information is taken from one of the relevant and credible sources – CIA World Factbook, and others. General factors about Spain are going to be reviewed first before proceeding to the analysis of Zara in order to have a better understanding. Zara is ...

Investment

Introduction Foreign direct investment (FDI) is the investment by an individual or a company from a different country and in which the particular investor has full control over the business. FDI has many benefits to the investor and the host country (Lyroudi, John, and Athanasios 97). FDI keeps changing from time to time. This paper will analyze the prediction on what FDI will be in 2020.

The overall benefits of FDI are overwhelming and assist in the economic growth of a country or the world. The prediction of future FDI, therefore, becomes important because it affects global economic growth ( ...

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 ...

Austerity Policy Measures in the UK

Introduction The process of putting into place strategic measures with an aim of reducing of deficit and increasing economic growth in the United Kingdom has taken a paradigm shift from various aspects. The government of UK has put deficit reduction measures, which entail a series of strategically sustained reductions in public expenditure, undertaken towards a reduction of the government budget deficit and the UK’s welfare state. The design of this research paper is structured towards assessing the rationale on which the UK’s austerity policy is based with regards to deficit reduction and stimulation of economic growth (Burns, ...

Introduction

President Obama enacted the Affordable Care Act as a United States Federal statute in 2010. Together with the amendment to the reconciliation bill, it promised to expand health insurance to all citizens at a reasonable cost. PPACA defines the health care as neither the right nor privilege of people but it states that citizens, however, do have a right to “affordable” healthcare, which it tries to achieve through a partnership between the market and the government. The ACA is a result of an evolution of government-funded plans such as Medicare and Medicaid as well as statutes such as HIPAA, ...

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 ...

Background

Part 1 Question 1. The four facts that can help in explaining the advantages of workplace diversity are a variety of viewpoints, language skills, positive reputation, and increased creativity. These facts would ensure the management understands the need to accept workplace diversity as a necessity rather than an option. Question 4. Demographic shifts that indicate American workplace is becoming more diverse are dramatic growth in the role of women in the labour force and the leadership positions, 40% of the Americans would leave the workforce by 2025, 92% of the American population growth come from the ethnic groups, and ...

Background

Being a small sized nation and also one lacking too much of natural resources, it was mandatory for Singapore to adopt a policy of open trade. The overall trade in Singapore currently amounts to thrice its GDP. Moreover, Singapore possesses absolutely no exchange controls either on the inflows or the outflows of foreign currency funds through its residents and non-residents. Despite the presence of stricter controls over the flows of domestic currency, there is no control that the nation has on its inflow and outflow. The country is known to be following an extremely liberal foreign direct investment (FDI) ...

Investing in Saudi Arabia Market: Oil and Gas Services

Dissertation Proposal Rationale of the Study The rationale of the study is stipulated by the necessity to extend the analysis of the investment opportunities in Saudi Arabia market, the greatest oil, and gas supplier on the Arab Peninsula. The role of Saudi Arabia in the global economy is determined by the significant amounts of raw hydrocarbon deposits – the explored volumes of oil and gas equal to 40,3% and 22,7% of the world deposit accordingly. The experts estimate the financial assets of public and private Saudi Arabian structures in around $4 trillion. Economic and political processes taking place ...

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 ...

Summary

The book “Where Does the Money Go?” by Scott Biddle and Jean Johnson has been made to reflect the current financial crisis and the extensive legislation passed by the Obama’s administration. The book is unbiased and stable, straightforward, eye-opening, and pleasantly irreverent guide to the federal budget problems. DiBiase (2009) stated that is by no means outdated. It was made when the nationwide debt was only $9 trillion. It talks about the method of setting the federal budget up, where the money derive from, where it goes and the reason the government is spending more that it has. ...

Adopted Derivative and Function in the Financial Markets

Derivatives are important tools in the financial markets because they help reduce investment losses resulting from the fluctuating interest rates. For example, Societe Generale lost about $7 billion following the 2008 property market crisis, which could have been much higher if the company did not hedge its funds. Credited default swaps (CDS) or credit derivative contracts on mortgage-backed securities played a major role in the development of the housing bubble in the American property markets. The swipes were widely used to insure debts using subprime housing securities in the property markets. Swap derivatives can be defined as a series ...

For the sake of efficiency and agility and up-scaling the ability to innovate, insurers are moving ahead as they have come to the realization that legacy systems are a real impediment to these goals. It is clear that something needs to be done about this issue but the available option and demands are overwhelming. Global aero like any other company has had a legacy system that needs to be modernized. Since the 1960s the system has been in use and is based on aging developmental standards with diminished usability and functionality. Surprisingly enough, despite the modern outlook of graphical ...

As Chief of Staff, my assignment is to create a response for you on the topic Medicare Crisis. I understand that you have been requested to take an interest in a board dialog and give a reaction concerning the Medicare financing crisis. The board examination will concentrate on the proposition of diminishing Medicare uses by enlisting members in HMO's. The National medical coverage framework for Americans started back with President Teddy Roosevelt, his stage when he kept running for president in 1912 included health care coverage. Roosevelt's thought for a national health arrangement was put on hold until U.S. ...

India’s Economy and Population

Introduction India exists as a peninsula in South Asia and it is surrounded by various water bodies like the Indian Ocean and the Arabian Sea. The neighboring countries along the Indian border are China, Pakistan, Nepal, Burma, and Bhutan. The land size of the country is approximately 3,287,263 sq.km, and it is ranked 7th among the largest countries in the world (India Location para 2). India’s population is 1.33 billion, and 50% of this population comprises people aged below 25 years. The number of males is slightly higher than females, where sex ratio between males and ...

Garcia C.P.

Econ 2

2016/09/06 Stock Market in China China has two stock markets; Shanghai and Shenzhen that operate independently under the control of the China Securities Regulation Commission. The government agency commission has a lot of control on the actions of companies in the stock markets, from issuing initial public offers to controlling the level of price movements in the markets. The Chinese practices sponsored trading through the Chinese Securities Finance Corporation. In 2015, efforts of the holding company to soften the markets were futile with losses going up to $5 trillion. The government of China prioritizes market stability over ...

1.0 Introduction Citi Group (Citi) has taken a bad hit during the financial crisis in 2008, which it continues to shoulder today, almost a decade later. The appointment of current CEO Michael Corbat in 2012 pushed the company back to the path of better reduction of non-profitability, which finally broke through in 2015 when Citi finally made positive profits beyond its 2015 breakeven target. The succeeding sections explored this journey of challenges and promises as clearly as possible. 2.0 Mission and Vision: Impact to Primary Stakeholders Citi’s vision and mission focuses on the customer as a financial services ...

Abstract

The purpose of the above paper is to highlight the impact of the great recession that was experienced in 2007 -2009 and the bailout strategies used by governments to restore investment institutions from collapsing. The paper starts with an introduction that explains the impact of the great recession to the U.S and global economy. As a remedy to avert the adverse effects of the global recession, both short term and long term strategies were sought. The advantage of using the short-term strategies was to restore stability in the financial sector and prevent further collapsing so as to achieve economic ...

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 ...

COUNTRY COMPARATIVE ANALYSIS REPORT

Introduction 3 Economy 3 Government 3 Ecology 4 Culture 5 Gender Relations 5 Religion 6 Healthcare and Wellness 6 Food System 6 Education System 7 Housing and transportation 7 Sports 8 Conclusion 8

Reference List 9

Introduction China and United States of America are considered the two world superpowers, both are fixed members of the Security Council and established official relations since the visit of Richard Nixon to China in 1976. Both countries are leaders in different fields as economy, sports, culture and its influence in the world. Economy The China economy is the most important of the world measured in Gross ...

China

1. COUNTRY

We have chosen China as a country for analysis

2. RECOMMENDATION We have decided to convert US dollar to Chinese yuan on May 24, 2016. The total cost in dollars according to this option is calculated further in question 9. 3. CHINESE ECONOMY OVERVIEW China’s role in the international arena has been growing in the recent years. Apart from being the most populous country with over 1.3 billion people and one of the largest countries in the world by territory, it has been experiencing substantial economic development in the past decades (Naughton 3). China is the second largest economy in the world after the USA. ...

Potential Country Markets

The process of identifying the high potential countries where General Motor products can be marketed used a broad examination of several factors. The factors considered included country rating, business climate rating, 2015 forecasted market size, and the overall market potential evaluation index. The 2015 forecasted market size would help me select the nations that are importing GM products for further in-depth analysis in this paper. With the current reports, India would not be a safe country to target for GM products. The country is experiencing around medium, and the volatility in its economy would make slight changes that are ...

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 ...

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 ...

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 ...

BUSINESS STUDY REPORT:

This report is devoted to the YEO’s Beverage Company. The report has four main parts. The first part is an introduction where the general information about the company, the environment where it operates and its main competitors are presented. The second part is microeconomic analysis. The factors of production and its cost structure are examined there. The third part macroeconomic analysis where macroeconomic environment in which the business operates are discussed. The forth part is the analysis of sustainability and the impact of business operations on the environment. At the end of the report, there is a conclusion ...

INDICATORS:

Income level: High Income Population: 35.54 million (“Data” 2014) GDP at market prices (Current US$): $1.785 trillion (“Data” 2014).

GDP per capita (current US$):

$50,230.8 (“Data” 2014). GDP growth (annual %): 2.44 (“Data” 2014). FDI Inflows: $59.6 billion in 2014 (“Trade Policy Review” 5). FDI Outflows: $58.2 billion in 2014 (“Trade Policy Review” 5).

Balance of Payment:

Current account balance (BoP, current US $): (-) $ 37.47 billion (“Data” 2014). Current account balance (% of GDP): (-)2.1% (“Data” 2014). Import of goods and services (BoP, current US$) : $580.7 billion (“Data” 2014). Exports of goods and services (BoP, current US$) : $564.6 billion (“Data” 2014). ...

A. Introduction

Toyota Motors Corporation (Toyota) is a ¥25.69 trillion (US$256.91 billion at ¥100.00:$1 exchange rate used in the 2014 annual report) automotive manufacturing enterprise (Toyota, 2014, p. 26) with four major market regions globally, namely: Japan (home), North America, Europe, Asia, and Other regions (see section C for details). Since 2010, it grew 35.57% from ¥18.95 trillion. Its return on equity has grown from 2.1% in 2010 to 13.7% in 2014, or 6.5 times. Moreover, its return on assets grew 6.7 times from 0.7% in 2010 to 4.7% in 2014. Toyota has one core product (automobiles) and core ...

PRESENTATION

PRESENTATION

Oil: West Texas Intermediate Crude Oil Spot Contract with a 40% share of the portfolio. The oil is the most important commodity in the world economy. It is used as the main source of energy in the world to empower the transport of goods and people, electricity generation and the use of its physical derivatives for polymer manufacture. The oil has always been attached to geopolitical tensions in Latin America and the Middle East, a very important factor in the price of the commodity. US Dollar: Dollar Index Spot with a 25% share of the portfolio. The US ...

(Institution Name)

Introduction:

The personality that this assignment aims to focus is Alan Greenspan, who has served as the chairman of the Federal Reserve of the United States from 1987 to 2006 and is considered as amongst the most influential of people in the political domain of the country. He has now retired from that service and has his own company through which he provides consultancy to his client corporations. By profession, he is an economist who is acknowledged to have superb grip in his field and great expertise (Biography, 2016). There is found a lot of negative sentiment about ...

Abstract / Executive Summary

Summary of Article The minister from the United Arab’s economy reported that it is anticipated that the GDP of UAE will mark Dhs 1.6 trillion in the current year growing over 3.5%. Sultan Saeed Al Mansouri commented in an interview to the WAM (news agency), elevation in the growth rate evidence that the region is capable of maintaining economic competence and has gained sufficient success with the help of diversification. He further clarified that industrial zone of the UAE is continuously advancing and is positioned presently between 10%-14%. Additionally, Sultan Saeed delivered his expectation for the investments ...

Internet Marketing: The importance of using the internet as a marketing tool

Introduction The purpose of this paper is to not only point out the importance of the internet as a marketing tool but also to highlight the implications of the web on business decision-making processes. The internet has provided a rare opportunity for companies throughout the world to move their operations beyond the physical constraints of the traditional product distribution channels creating an enormous wealth of possibilities for businesses to exploit (Kiang and Chi). Today, the web today has more than 77% rates of penetration in most advanced markets with the emerging markets such as China, Brazil, and India accounting ...

FMCG

Introduction Fast moving consumer goods (FMCG) indicate the most demanded type of merchandise in various markets across the world. Some of the important types of products that fall in the above classification include flour, biscuits and toothpaste, among other significant products used in the everyday life. Consumers are therefore forced to invest much in the above commodities as they are required on a daily basis, a feature that makes them a necessity. India is renowned for investing in the FMCG business with some of the leading companies in the industry being HUL, Dabur, AMUL, and Cavin Care among others ( ...

A. Introduction

Toyota Motors Corporation (Toyota) is a ¥25.69 trillion (US$256.91 billion at ¥100.00:$1 exchange rate used in the 2014 annual report) automotive manufacturing enterprise (Toyota, 2014, p. 26) with four major market regions globally, namely: Japan (home), North America, Europe, Asia, and Other regions (see section C for details). Since 2010, it grew 35.57% from ¥18.95 trillion. Its return on equity has grown from 2.1% in 2010 to 13.7% in 2014, or 6.5 times. Moreover, its return on assets grew 6.7 times from 0.7% in 2010 to 4.7% in 2014. Toyota has one core product (automobiles) and core ...

Industry: Online Retailing in China

Driving forces of change The innovation and technological advancements are considered as the major drivers of change in the retail industry of China. Furthermore, the preferences of the consumers in China are also found as the driving force of change in the retailing in China. The technological advancement is resulted in the trend of online retailing that is increasing day by day and the competition for the offline retailers is increasing (Lam, Li & Gong, 2013).

Relevant economic trends & forecasts

The online retail market of China has become the leading in the top markets of the world. The online industry of retailing in China ...

Recommendation of near-earth Asteroids mining to the company board

Introduction The space mining operations are extremely prominent option for mining companies who are in pursuit of rare metals that are abundant on these celestial bodies. The man’s space expedition reached a landmark with the lunar expedition and since then a lot of mining activities are already planned for this segment of the space. However, the future prospects for mining of asteroids near to earth are very high as this idea is relatively newer to the world of mining. These are almost 13,000 celestial bodies flying very close to the earth in the space and they are ...

BRICS effect on global capitalist economy

The debates about the increasing role of emerging economies became more vigorous since the global financial crisis that became a start for a new global framework with the developing countries surfacing as a major hub. The most attention is given to the economies of Brazil, Russia, India, China and the South Africa (BRICS) that had demonstrated high growth during the last decade against the global recession. The future dominance of the BRICS may shift the economic center towards the multipolar model. Changes in the matrix of competitive forces (finance, resources, technology) lead to a decline in the economic, political ...

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 ...

(Author, Department, University,

Corresponding Address and email)

Introduction United States is spending a huge amount of money on health care. In the year 2010, health care spending, in the U.S., accounted for about 17.9% of the country’s GDP, i.e. approximately $2.6 trillion. Still the country is facing increased health care costs, and several drivers are thought to have a role in increasing the cost of health care. Among the important contributors of increasing health care costs are easy availability of the latest technology that is costly in many cases, chronic disease conditions, administrative expenses of hospitals and health care institutions, mandated insurance ...

Introduction

Failure to regulate the derivatives market during President Bill Clinton’s and President Bush eras contributed to the economic crisis that hit the U.S in the year 2008. “The Warning” is a documentary that was aired on PBS Frontline in 2009.In the documentary, a former Chairperson of the Commodity Futures Trading Commission (CFTC), Mr. Brooksley Born talks of her attempts to control the derivatives market while she was at the helm of the CFTC. She says that these attempts failed and legislation was passed to prevent her and the CFTC from regulating the derivatives markets. The passing of this ...

China Stock Market and Currency

Shanghai Stock Exchange (SSE) is one of the largest stock markets in the world. The market has over a thousand listed companies, over 6700 listed securities, and over 1100 stocks. Chinese stock market has witnessed sporadic growth that is fueled by the fast economic growth that has been witnessed over the last thirty years. The economic growth was driven by the adoption of various economic reforms and opening up of China to the world. China is now integrated into the global economy and plays a major role in the stabilization of the regional and as well the world economy. ...

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 ( ...

Immigration in America

The United States of America is clearly built on immigration. Most of these immigrants come to America tired and poor, but their aggressiveness has challenged their innovation and thus improved the economy of the nation. They bring with them talent, global connections, and youthfulness which in return bring about diversity leading to economic growth. The largest ethnic groups, including the German-America, have assimilated thoroughly above the levels of the American natives. Therefore, America should have an improved immigration system as the system is widely known for its lack of competitiveness. The following is a discussion of why America should ...

Recently, China has recorded a remarkable growth in its economy of nearly 10% per year. The bulk of this growth comes from the banking sector characterized by poor asset quality, low capitalization, and massive state intervention. For this reason, the government introduced sweeping changes to the financial sector to boost its stability. These changes included transforming the banking sector from a policy-driven, state-owned, non-performing system to a profit-driven, multi-ownership, competitive system. Although the sector has recorded marked improvements in its operation and efficiency, additional efforts is needed to deal with problems revolving around non-performing loans and shadow banking. The ...

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 ...

Introduction

I will be extremely happy to become a computer engineer with Aramco- the state-owned oil company of the Kingdom of Saudi Arabia. I hope to serve at the company’s headquarters in Dhahran, Saudi Arabia although the company offers an excellent working environment in each of the countries where it operates. The company operates as a fully integrated global petroleum and chemicals company with huge departments that conduct exploration, refining and distribution of oil and gas (saudiaramco.com). As I study computer engineering, I hope to acquire the skills and knowledge to help me perform to my highest levels at ...

Abstract

This dissertation formulates a research dissertation and strategy for a study into the impact of Islamic banking on the economic development of societies within which such banks operates. To this end, the research examines the major tools and impacts of Islamic banks on society by conducting a literature review. This is followed by the deduction of research questions and a hypothesis that will be used to form the parameters of the entire research. The purpose of this dissertation is to investigate the relationship between the growth of Islamic banking worldwide and economic development of countries wherein this growth is ...

Kyle Torpey. “Hyperinflation in Venezuela: How Bitcoin May Help.” Inside Bitcoins. The problem with the Venezuelan economy is that it has been collapsing for a long time so far. Bolivar, endemic currency, has lost in value so significantly that nowadays even the biggest bill in the Venezuelan system costs maximum sixty American cents. That is why the Venezuelan economy badly needs a boost. Potentially a very good boost of Venezuelan economy may be introducing bitcoin. The idea is to trade bolivars to bitcoins and therefore reduce the amount of bolivars in Venezuela therefore increasing their value. However, there is ...

I will be looking at whether resource prices are rising or falling. I will conduct a deep research into the root of this problem around the world. Through this research it will be easy to establish the solutions to this problem which is not healthy to the economy (Neumayer 68). The research will be conducted through; closed questionnaires, data analysis and use of internet research which includes the use of World Bank and IMF data. Just to take a preview of the essay topic, the history of this problem is from the recent drop in global oil prices that ...

Growth Rate of GDP

The growth rate of GDP is measured in terms of the original level of the GDP. Let us calculate the GDP for the following figures:

GDP in 2013: $13.1 trillion

GDP in 2014: $13.3 trillion Growth in GDP: $0.2trillion Growth rate of GDP =( 0.2/13.1)*100 =1.53% If the growth rate remains the same, let us calculate the number of years that will be required for the GDP to double itself. 13.3(1+ 1.53/100)^t = 2*13.3 Or, (1+1.53/100)^t = 2 Or, (1.0153)^t = 2

Taking log of both sides:

tlog1.0153 = log2 Or, t= log2/log1.0153 Or, t =45.6 Thus it will take almost 46 years to double the GDP ...

Introduction

There are various reasons and factors that can impact the tourism and economic sector. The natural disasters can hinder the development, scare foreigners and result in the negative impacts on the travel and tourism in the country. The earthquake and tsunami in the Japan in the year 2011 left many consequences of which many are still visible today. On one side, Japan is a known country prone to the various natural disasters, but on the other, one of the most developed and most prepared for the unfortunate events. Natural disasters can have long lasting effect on the tourism, but ...

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 ...

While the stories in the news of the actions that Congress, as well as the president take to balance the budget make it seem to be a fairly easy process of simply cutting programs that are wasteful, ineffective or outdated; the reality is much different. Based on the experience gathered from taking the “Federal Budget Challenge”, it is actually quite difficult to decide which programs should be cut and what means of revenue generation should be adopted (Next 10). The first challenge is that almost every program has positive and negatives. That is to say, each program benefits certain ...

Federal finances include the revenues, assets, expenditures, and debt owned or held by the central government. The federal government is responsible for budgeting of these finances and provision of public services such as education, health, security, and environmental issues. Government spending constitutes a critical area when accessing the efficiency in the allocation of the federal funds. Taxes form one of the important avenues through which the government raises its money. The federal government collects taxes from three distinct sources: individual income taxes, which approximately amounts to 47% of the total tax revenue. Payroll taxes amounts to 34% whereas the ...

The economies of Canada and the USA are the most developed ones in the whole American continent. The two nations have very intensive economic ties. Furthermore, the whole scope of relations between Canada and the USA is at such intensive level that these two countries will inevitably cooperate, and to understand the possible ways of the development of their economies we should figure out their current situation in financial sector. Canada is a developed market economy with less government regulation than in Europe, but slightly higher than in the United States. Canada is a member of the Organization 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, ...

[Institution Title]

Introduction

Over the past couple of years, countries around the world have been very concern about the different health risks and illnesses discovered every year. Nevertheless, not every country has the same financial capacity to spend for healthcare services. According to the report of the World Health Organization in December 2011, on the average, a highly developed country would spend approximately USD 3,000 per capita while their third world counterparts would barely allocate USD 30 per capita on health (Ke, Saksenaa, & Holly, 2011). Likewise, the disbursement of funds and how the allocation of finances for the purpose ...

ENERGY RELATIONS

Introduction The US and Canada have been supporter and challenger, associate and adversary, foe and friend- throughout their history. As a result, the two nations have experienced durations of conflict with one country’s national interests dictating actions that caused adverse effects on the other (Behiels and Stuart 2010; Andreas 2013). Since the 1980s, however, the two nations have increased their energy relations through integration and cooperation (Hooper and Newlands 2012). As such, significant issues have often been resolved through negotiated compromise. Nonetheless, some US-Canada trade relations have been unsuccessful. For example, although the two nations are widely known ...

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 ...