Economics Essays

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Examining Mercosur Trading With India

MERCOSUR is a trading bloc in Latin America comprising Brazil, Argentina, Uruguay and Paraguay. It has Chile and Bolivia as its associate members. MERCOSUR was formed in 1991 with the objective of facilitating the free movement of goods, services, capital and people among the four member countries. MERCOSUR has become a successful market of about 200 million people, representing about 1 trillion dollars of GDP and 190 billion dollars of trade. It is the fourth largest integrated market after the European Union (EU), North American Free Trade Agreement (NAFTA) and ASEAN....

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High Technology Mncs From Domestic To International Markets

Globalization of economies combined with social and political reforms led to the enhancement of technology transfer and for speedy economic development importing technology from already flourishing countries was a key.(12) Technology transfer is defined as the attainment , development and consumption of knowledge by a country besides the one where it was initiated and is considered as an important strategy variable for a country’s development plan (25)inationalsherebycreating jobs and wealth for consumers in global markets which results in global economic growth and help developing nations become more stable and reduce cross border conflict by stimulating commerce and development. Established...

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The Quantity Demanded Of A Good

If you demand something then you want it, afford it and make a definite plan to purchase it. The quantity demanded of a good is the amount that consumers ...

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The Internationalisation Process Of Sime Darby Berhad

This study will describe and analyse the internationalisation process of a leading Malaysian-based MNC called Sime Darby Berhad (SDB). The assignment will identify the structure and actions of this company in forming its expansion processes including the motivations for international investment, competitive strategies, and selection of foreign entry approaches....

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Public And Private Economies

The economy at all the level, whether it is developed or developing economy, it is divided into two parts, private and public sector. Private sector economy is owned and operated by an individual entrepreneur whereas public sector economy is under control of government and operated by government....

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Economic Development Of Fata Within Pakistans Economic Capacity

1. Situated midway along Pakistan’s border with Afghanistan is a wedge of rugged terrain, dotted with sparsely populated valleys, home to a dozen Pakhtun tribes and hundreds of clans and sub-tribes. This mountainous land, known as the Federally Administered Tribal Areas (FATA), is made up of seven ‘political agencies’ and six smaller zones, called ‘Frontier Regions’, which separate the tribal agencies from the rest of the country. On three sides, FATA is bounded by the ‘settled’ provinces of Pakistan. The Durand Line forms its western border. In the 19th century, the area held great strategic importance, serving as a buffer between...

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International Trade Has Developed

International trade has developed sharply in recent years. This rapid and sustained growth puts pressure on freight gateways and hubs to handle the growing volumes. While the growth and concentration call for expansion of infrastructure and environmental concerns are based on the significant role of freight in air quality problems and the associated adverse health effects....

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Examples Of Principle Of Comparative Advantage

Thousands of years ago, people used fabrics to change for foods in ancient China. Together with the development of society, supply and demand of goods rises steadily in both amount and variety so that trade becomes a more and more important part in people’s lives. Along with the great progress of trade, economics gradually becomes an independent subject which studies the production and consumption of goods and services and the commercial activities of a society. Therefore, close relationship are established between basic economic theories and trade. In the year of 1815, Robert Torrens described comparative advantage firstly in an essay...

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Residential Water Demand Model

Water resource management plays an increasing role in dealing with water scarcity problem of semi-arid urban area of developing countries. For sustainable and adequate water management of the city, it is essential to analyzed the impact of socio-economic and demographic variables on water use. This paper presents an econometric water demand model for forecasting future residential water demand of highly dense area of Jaipur city, India addressing the relationship between residential water use and socio-economic and demographic variables. The study applies an ordinary least squared (OLS) regression model to measures the impact of household income (I), age of respondent (A_R),...

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Ease Of Doing Business Between Countries

As figure1 shows, the current global economic slowdown has reduced FDI significantly in 2009. Dubai’s FDI fell by 67% and USA’s FDI fell by 60%. So, it becomes important for IPA sites to provide maximum investment information online. GIPB [12] (Global Investment promotion benchmarking) report shows the importance of providing information. GIPB measures:...

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The Continuity And Change In Contemporary Business

The essence of international business is activities of international economic exchanges. Economic exchanges aimed at the exchange of material and services, the exchange of material and services is achieved through the interpersonal, the nature of international business activities is cross-cultural business for the purpose of communication activities, namely, cross-cultural business communication. In international business, countries have different national conditions, political factors, commodity packaging material, structure, pattern and text logo, etc....

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What Effects Did The Credit Crunch Have On The Uk Economy

I have choose the topic of effect of credit crunch on uk economy for comparative analysis and for the purpose of this comparative analysis i have articles publish in business source premier. The title of the articles i have studied and compared are...

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The Role Of The Financial System In The Us Economy

What is the role of the financial system? Name and describe two markets that are part of the financial system in the U.S. economy. Name and describe two financial intermediaries....

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The Economic Arguments For Gambling

This report focuses on the economic arguments for gambling, outlining the purpose and potential impacts and results of government intervention on the society ...

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Examining Demand And Supply Of Pcs

In Economics the market relations between prospective sellers and buyers of a good are known as demand and supply. The price and the quantity sold in a market is determined by the demand and supply model ……...

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Evaluation Of Tnpl Stock And The Newspaper Industry

India has been South Asia’s one of the most dynamic economy. That is why the rise of BRIC ( Brazil, Russia , India, China) are the carriers of the growth momentum of the world. If we see the economic forecast for macroeconomic indicators in India we can expect quiet strong and stable economy. On the backdrop of above economic indicators in the recent past after the global economic meltdown there has been an increase in the risk appetite which is easily visible in the high capital inflows in terms of FDI ($ 1.2 billion in march 2010).Though increased...

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An Analysis Of The Economy Of Greece

1.3280According to the World Bank, Greece Gross Domestic Product is worth 330 billion dollars of the world economy. Initially to the global financial crisis of 2008–2009, Greece had managed to attain a fleetly economy after the accomplishment of stabilization strategies and policies in recent years. Greece has a preponderance service economy, which sector for over 70% of GDP. Here, based on the historical data and news, we illuminate the Greece GDP Growth Rate chart....

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The Relationship Between Production And Employment

The plan for the past 10 years of developing the road system transportation more than the railroad system in Korea seems to have overlooked the long term effects on social costs. For instance, it is obvious that road-centered construction increases the use of private passenger cars and traffic congestion costs and it generates negative effects on natural ecosystems, CO2 air pollution included. This kind of policy relies on short term benefits as it continues developing a network already in place. On the other hand, developing the railroad system means looking at long term benefits for everybody and this policy is...

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Les Determinants Performance Remboursement Credits Solidaires

La difficulté d'accéder aux sources financières constitue l'un des principaux obstacles à une participation accrue des démunies au développement économique. ...

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The Europes Fifth Largest Economies

Being part of the European Union since 1986, fact that has influenced its economy favorably and of the Euro Area since 1999, Spain became one of the world’s favorite destinations for foreign direct investment and its economy grew every year from 1994 through 2008....

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Analysis Of Mccallum And Taylor Rules

As noted before, rules that perform well for most developed countries may not work in case of Russia. Therefore, not only the popular Taylor rule will be estimated, but also the McCallum rule. In this section the methodology of the rules used will be described as well as the expectations of the results. Then the section discusses few tests that have to be performed in order to verify whether the regression is good or bad....

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Acceleration Of Trade Liberalization And Development

Nowadays, develop is becoming one of the large theme for all human beings under the trend of globalization. During the time, the concept and approach of development always changes. Since globalization has made a world became a small village and enhanced the communication between countries a lot, development means not only the GDP growth of countries but also the improvement of living standard of people. In other words, not only the general economic growth of country but also how much benefits people get during the process. Therefore, trade liberation, as an important factor of globalization, plays a complex role on...

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Making Pharmaceutical Products Accessible To Developing Countries

The World trade Organisation (WTO) is an international organisation that started in January 1, 1995 under the Marrakech Agreement, it was set up by its founders to liberalise and supervise international trade. The world trade organisation solves issues that deal with regulating and reforming trade between participating countries; it creates a dispute resolution which is used in enforcing participants, ensuring that all participating nations adhere to the WTO agreements signed by government representatives and formally approved and invested with legal authority by their parliaments and it also provides an underlying structure for formalising and negotiating trade agreements....

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Natural Resources Energy And Nuclear Power

Located in north-east Asia between the Sea of Japan and the North Pacific, the country comprises four major islands – Hokkaido, Honshu, Kyushu and Shikoku – and these are surrounded by more than 4,000 smaller islands....

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Heineken Nv Its Prospects In Uk And Abroad

Alcoholic drinks have been seen as a controversial topic ever since they came into being, and so have been the ways in which they have reacted with the laws of economics. Although the companies that produce them have always been under siege from the government and the general public, they somehow manage a steady growth associated with the crazy demand for alcohol by the alcohol consuming population of the world, especially among young adults....

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Globalisation Trade And International Labour Migration

“The incidence of international labour migration has increased during the last 20 years, especially between developing countries and developed countries”. Discuss the reasons for this and consider the empirical effects of migration on “sending” countries....

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Economic Analysis Of Siam Gas And Petrochemicals

Found in 2001, Siamgas and Petrochemicals PLC and their subsidiaries engage in the core businesses of trading and transportation of LPG, ammonia, and other petrochemical products under “ Siam Gas” and “Unique Gas” trademarks. The company owns 7 LPG storage terminals and 20 LPG filling stations operated by the company and subsidiary, 131 LPG filling stations operated by dealers that are CODO ( company-owned, dealer-operated) and DODO ( dealer-owned, dealer-operated) contracts. It also operates 99 LPG stations throughout Thailand....

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The Side Effect Of Brain Drain In Globalisation

In this paper we will describe one of the side effects of globalisation, more specific the effect on the human capital of underdeveloped and developing countries who see their best and most productive workers leave the country to seek fortune and money in the richer western world. In an economic context “Globalisation” is the reduction or removal of barriers and borders in order to facilitate flows of capital, goods, services and also labour. Globalisation is also the integration of economies and societies around the world. This paper focuses on the labour flows and more specific on the migration and flows...

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Unemployment Structure In Albania And Comparison

Unemployment constitutes one of the most heavy deseases of nowdays and it is considered as a symptom of economic down-fall phase . Unemployment happens when a person is available and willing to work but currently without work. Through this paper you will have a specified information about unemployment in Albania....

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The Role Of Emerging Economies In International Markets

Emerging Economies are those regions of the world that are experiencing rapid informationalization under conditions of limited or partial industrialization. This framework allows us to explain how the non-industrialized nations of the world are achieving unprecedented economic growth using new energy, telecommunications and information technologies....

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Proficiency Of China Is Rattling Demographic Change

Most developed economies are still blunder to overcome the economic anguish arise from the financial crisis. As a result, world growth trade growth rate is crawling to 4.1 percent in 2012, decreases from 13.1 percent in 2010 and 6.6 percent in 2011. But China’s economic performance over the last 30 years has been fabulous. China now has become a decisive engine of global growth, shortly than anyone conceived. While developed countries remain in precarious, china keeps booming forward. GDP growth variegated 10 percentage annum, keeps large economy in GDP terms. Through 500 million people were elevated out of poverty....

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The Forces That Influence Stock Returns

A key concern for academics and professionals is to identify the forces that influence stock returns. Numerous asset pricing models are provided by financial theory that associate expected stock returns to several variables which reflect different sources of risk. These variables are based on the differing assumptions on which the model is built. Two most famous asset pricing models are the Capital Asset Pricing Model [1] (one source of risk) and the Arbitrage Pricing Theory [2] (several sources of risk)....

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The Relative Merits Of Trade Protection

The big challenge for the future is to develop policies, which meet the needs of the economy, the environment and equity. Protectionism or fair trade refers to all actions by national and local governments aimed at protecting local markets from foreign competitors or imports to raise the standard and quality of living of those affected by the free trade. This essay details the deleterious effects of the free trade, discusses the relative merits of protectionism versus free trade, confronts the arguments in support of it and examines the range of import protection mechanism available to implement a trade protection policy....

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Mergers And Acquisitions In The Eu

Mergers and Acquisitions are very important processes in nowadays business world that helps to create and generate value for markets and economies, however at the same time, almost without being wrong, are the most difficult and challenging processes which a company can go through. If correctly assessed, corporations can gain competitive advantage to offer better products and services cutting costs down while using more efficiently their assets; as well it can help to generate higher revenues. Also there are clear strategic reasons behind:...

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The Effect Of Substitutes On Consumer X Inefficiency

In investigating the research question, in the market for soft drinks in Stockholm, among high school students, will there be consumer X-inefficiency, if the number of substitutes is increased? The research question was investigated through two questionnaires and an experiment on a sample population from IB School South, a high school in southern Stockholm. Two possible causes of consumer X-inefficiency were identified: use of the preference heuristic and the decrease in utility with increased number of substitutes. A questionnaire with forty respondents was first conducted to find the preferred soft drinks and identify the heuristics used, based on this an...

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