HK versus Singapore as International Financial Centres: its strengths and weaknesses An International Financial Centre (IFC) is a collection of markets that trade financial services or products and help to allocate resources or property rights efficiently. ... As a fundamental element, both have a well-established and widely accepted legal framework, based on the English common and contractual law system. ... The system is more easily understood and accepted by the rest of the world and international financial community. ... All the above factors of strengths are necessary in order t...

• Word Count: 1965
• Approx Pages: 8
• Grade Level: Undergraduate

Free trade concept is known as international trade without interference or barriers from governments. ... Smith believed that free trade will change the international commerce. ... And since that time economists have been arguing whether or not that free trade will be the best for an international economy. ... The production of a product in countries with strict pollution law will be more costly than producing the same product in countries that does not have strict laws against pollution. ... In addition, counties with strict pollution law will be affected in the way of employment. ...

• Word Count: 1260
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

These rules had three principal objectives: to avoid restrictive practices and agreements;6 to prevent large businesses from abusing their market dominance;7 and to apply similar rules to the public sector.8 To be more specific, Competition law covers most of the aspects of economics such as goods, services and intellectual property rights. ... Following from this, it is worth mentioning that it is possible for EU Competition law and national law to co-exist.9'10 In other words, under the regime introduced by Regulation 1/200311 the Commission shared the competence to apply Articles 101 ...

• Word Count: 1960
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Poland's laws allow foreign investors to easily transfer any profits from operations in Poland. ... Along with a growing international presence and EU membership, Poland's economy is strong and growing. ... While Poland presents as a major EU partner with a stable government and more investor friendly climate with an easy tax structure and friendly laws India presents a rich pool of qualified and talented workforce. ...

• Word Count: 1363
• Approx Pages: 5
• Has Bibliography

Globalization is usually facilitated by the significant lowering or removal of obstructions that normally hinders cross-border activities both through technological processes (especially in transportation and communications) and also the removal of policy and political hindrance (e.g. tax, investment restrictions, tariffs, labour laws, etc). ... In international relations, a state in its conventional structure is possibly most suitably described as a clearly distinct territory which: (i) is acknowledged internationally as a state, (ii) is presided over by a government able to construct and imp...

• Word Count: 2079
• Approx Pages: 8
• Grade Level: Undergraduate

However, the opposing view argues that the state is still a viable actor in international relations and international political economy and questions the nature of globalization. ... It will be suggested that the state remains central in handling national and international governance. ... In addition, it is thought that globalization results in governance powers being transferred to international organizations, and that globalization exacerbates environment problems and generate new military concern like terrorism. ... Accordingly, the nature of state has restructured form the welfare state th...

• Word Count: 1836
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

The economic revival strategy laid out in December 1999 envisaged 4 key goals: 1-Macroeconomic stability and the restoration of a working relationship with international financial institutions (IFIs), 2-structural reforms to remove distortions in the economy, 3-improving governance, especially economic, and reviving key national institutions. ... Another Micro finance bank has been established in the private sector by the Aga Khan Network and the International Finance Corporation. ...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate

Globalization is not Effective for the US Globalization, according to the International Monetary Fund, is the "increasingly close international integration of markets both for goods and services and for capital" (Kegley Jr. and Wittkopf, 2004, p.267). ... The environment of the countries that corporations have moved to have also been exploited because these countries do not have any environmental laws in effect. In the Global South, forests have been cut down at increasing rates and they have begun to over-fish their waters in order to pay off their foreign debts, as well as debts to the I...

• Word Count: 1668
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

As Vietnam has become more integrated into the global economy during this era of globalisation, Vietnam's economic growth has been affected by the international business cycle – fluctuation in the levels of economic activity in the world economy over a period of time. ... The Vietnamese is largely responsible for the damage caused to the environment due to the lack of laws regarding emissions, wastage and zoning, resulting in a decrease in the quality of the environment. ... The final impact of globalization on Vietnam's economic development has been closer ties with the region...

• Word Count: 1293
• Approx Pages: 5
• Grade Level: Graduate

Human trafficking is "all acts involved in the recruitment, abduction, transport, harboring, transfer, sale or receipt of persons, within national or across international borders, through force, coercion, fraud or deception."... With approximately 20.9 million victims globally and over 800,000 being trafficked internationally yearly, it is an ever expanding problem. ... The Causes International human trafficking can be attributed to many causes, these include; low economic status and a low GDP in affected countries meaning the majority of the population are living in poverty, little political...

• Word Count: 2490
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

China is the most dominant player not only among the Asian economies but also in the international stage. ... Along with China, India also comes to the forefront of the international stage. ... International trade facilitates in the emergence of newer industries to accommodate the increased demand from global economies. ... (International monetary fund. 2003). 5. ... As a result of financial integration, IMF and many other international lending institutions came forward with financial assistance. ...

• Word Count: 2450
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Adam Smith believed that strong government was a great necessity, particularly to create and enforce laws and to ensure justice. ... Thus he was the real father of privatisation and other 20th century reforms based on market economics under rule of law. ... Keynes turned his thoughts to the design of international financial institutions calculated to limit the spread of depression. ... But the institutions that resulted from the conference, the International Monetary Fund and the World Bank--two agencies that survive into the 1980s--bear much stronger marks of the orthodox theories of t...

• Word Count: 1299
• Approx Pages: 5
• Grade Level: Undergraduate

The law of supply demonstrates the certain quantities that will be sold at a certain price. Unlike the law of demand, the supply relationship has an upwards slope. ... Some examples of how Globalisation has improved are: - Increased International trade massively - Allows a company to operate in more than one country - Creates a greater dependence on the global economy - Creates large recognised companies such as Coca-Cola and Starbucks Within looking at the different key drivers for globalisation, there are two important key drivers in businesses which have improved Globalisation. ... Resp...

• Word Count: 2078
• Approx Pages: 8
• Has Bibliography

International relations in terms of politics are affected by economics. ... My choice to make online purchases has also helped in the process of opening up the international market. ... By voting I am expressing my personal views as far as who I believe would be the best leader of my respective country or which laws are fair and necessary. ... It is a very important process that will affect international relations on all four levels of analysis. ... There are several media outlets which aid in influencing my knowledge and beliefs about international politics. ...

• Word Count: 1533
• Approx Pages: 6

The international community and US business sector have seen the "Communist" country as offering immense opportunities. ... Firstly by muting all international conflicts and geopolitical ambitions, China followed the examples of other newly industrialising economies (NIEs), giving priority to industries and sectors where limited government investments would produce rapid growth. ... China is still developing its legal infrastructure such as commercial laws and regulations that protect private property rights, investors and creditors. ... An example of an environmental problem is how the use of...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate

Adam Smith believed that strong government was a great necessity, particularly to create and enforce laws and to ensure justice. ... Thus he was the real father of privatisation and other 20th century reforms based on market economics under rule of law. ... As the war drew to a victorious conclusion, Keynes turned his thoughts to the design of international financial institutions calculated to limit the spread of depression. ... But the institutions that resulted from the conference, the International Monetary Fund and the World Bank--two agencies that survive into the 1980s--bear much stro...

• Word Count: 1471
• Approx Pages: 6
• Grade Level: Undergraduate

The 'borderless' global marketplace includes the contribution of all countries - not only the industrialised and the newly industrialised nations, but also the developing economies in international competition. ... This includes trading policies, tax laws, employment laws, competition laws, environmental laws and position of trade unions in a country. ... In the food market, increased international travel and sensitive awareness of healthy lifestyles have raised the demand for fruit, organic produce, yoghurts, fresh foods and prepared produce. ...

• Word Count: 2348
• Approx Pages: 9
• Has Bibliography

The good or bad effect produced by good or bad Karma is purely and simply a natural phenomenon governed by natural laws that act automatically, with complete justice. If God has anything to do with it, then God must also act according to this natural law. ... The good and bad referred to here are not defined by any code or law created by human being unless such a code or law follows the natural path. ... This law of Karma, or cause and effect, is so powerful that it governs everything in the universe except, according to Buddhism, the one who is Enlightened or who recognizes basic nature. ... ...

• Word Count: 1693
• Approx Pages: 7

Pakistan is favourite place for business nationally and internationally perspective. ... The government's major portion of the budget is invested in defence and law enforcing agencies. ... The daily wagers and local investors are directly undermined owing to desperate law and order situations. The consumption of huge amount of public money on law enforcing agencies could not pay peace and tranquility in Pakistan. ... If Pakistan is succeeded to get good governance far and wide in the country than other related issues like law and order, energy dilemma, de-industrialisation, unequal regula...

• Word Count: 1536
• Approx Pages: 6
• Grade Level: Undergraduate

To deal with these problems efficient enforcement of law and order is required, however, due to the lack of legislative and executive activity law and order situation is not improved. ... To deal with situation such as this, many government of the underdeveloped nations have resolved to hear the advice of international forums such as the World Bank and Group of 8 developed countries; this means the introduction on non-state actors in the social senario. ...

• Word Count: 1345
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

The insistence by SAPs on the deregulation of laws and the downsizing reinforcement agencies further obstructs a government's capacity to protect its environment. ... Economic development still has two faces, it seems, and the benefits of unregulated access to international financial markets in particular must be weighed against the inherent risk of financial crisis and instability which comes with it. It is equally important to recognise that unique sociohistorical circumstances within each developing nation will continue strongly influence not only the character of the state but also ...

• Word Count: 1434
• Approx Pages: 6
• Grade Level: Graduate

(Sklair 2001, 14) That is why domestic and international policies tend to go hand in hand, sapping self-sufficient agriculture while promoting cash crops and industrial economy instead. ... In terms of law lands and land own, women have much less access than men. ... (Tickner 2001, 82) According to Tickner, new international division of labor has had significant effects on women. (2001, 77) To worsen the problem, women are affected by gender division of labor as well. ...

• Word Count: 1735
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

SECTION III Question 26 (20 marks) "Discuss the impact of microeconomic reform and structural change on the Australian economy" Microeconomic policies refer to government policies designed to raise the economy's level of productivity and international competitiveness. ... Structural or microeconomic reform is a global phenomenon as many countries are attempting to make their internal markets function more efficiently to improve their international competitiveness and participate more successfully in the global market to realise the gains form trade. ... The Trade Practices A...

• Word Count: 1779
• Approx Pages: 7
• Grade Level: Undergraduate

On a legislative note, several laws have been instated into Kuwaiti constitution regarding the role of Kuwaiti citizens in the private sphere even within foreign companies. ... An amendment to the Residence Law in 1975, created the legal obligation of kafala (guarantorship). ... Kuwait has used its oil revenues to protect its international legal sovereignty. ...

• Word Count: 1849
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Having served as the coordinator of the International Labour Organization's Programme on Rural Women and having been an economics professor at Rutgers University, Beneria comes from a very relevant and important point of view in which she has seen all sides of these many complicated issues. ... This law was created, and lobbied for, by the congressmen who owned the local car companies. ...

• Word Count: 1405
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate