... industry as well. In contrast to these worse-than-average performances mining, transportation, and public utilities had milder employment declines than prior recessions. Another notable first time decrease came in adult women's employment. It experienced its first recessionary decline in three decades, losing 0.5 percent during the contraction. Teenage workers accounted for a relatively large share of the employment reductions, more so than ... of Economic Analysis Personal Income The definition according to the BEA for personal income is also equal to national income less corporate pro...

• Word Count: 3070
• Approx Pages: 12
• Grade Level: High School

... of 1985. The imposition of a debt standstill and the reintroduction of the financial Rand helped to curb some of the huge capital outflows, but forced the country into being a net saver. The maintenance of a current account surplus, in order to pay back debt, was achieved at the cost of restricting growth and therefore import demand. Since 1985 the economy ... , despite the disappointing trade account performance, South Africa's successful return to the international financial community has led to a substantial reversal in the capital account, translating into a sizable increase in net ...

• Word Count: 6046
• Approx Pages: 24
• Grade Level: Undergraduate

... by dollarized economy in term of trading using dollar as the currency. In this case, the dollar would be depreciated or appreciated based on international investment, stock market, and the net exports. Another approach dollarization would be appreciated when the investment tends to be positive, and it tends to be negative due to the depreciation of dollarization (Roger Leroy M, 2010, p.350 ... erupted, the Cambodian economy was already largely dollarized, whereas holdings of foreign currency were not restricted[ImT07]. Finally, the effects of the Asian crisis were reduced in Cambodia. H...

• Word Count: 3668
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

... larger than the host country in which they invest. Of the largest 100 largest economies in the world, fifty-one are corporations and only forty-nine are countries. Sales and net profit figures for some multinationals are higher than GNPs of developing countries - for example the annual sales of Shell are roughly £68 billion, which is two and half times ... and financial meltdown across the globe. As a result of the globalisation ethos of extensive liberalisation of the financial sector, foreign capital poured into the region during the 1990s, peaking at a net inflow of $93 billion in 1...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

... what was attempted in the past by way of the Welfare State. These experiments in Canada can be seen as having been relatively brief although they did provide a basic safety net for thousands of marginal citizens. (Kudrle & Marmor, 1981) The return to cut-and-dried financial analysis and very much more growth-oriented economic thinking has let earlier attempts to buffer ... ...

• Word Count: 3222
• Approx Pages: 13
• Has Bibliography
• Grade Level: Graduate

... to this sector rose from 10 percent in 1964/65 to about 38 per cent in 1990/91. Today, more than 6 million Kenyans are enrolled in various educational institutions and adult literacy rates are estimated at about 60 percent for men and 40 per cent for women. Despite our economy in ruins, Kenyan people have still another problem to deal with ... ...

• Word Count: 2727
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate