The global financial crisis that erupted in 1997 affecting the "Asian Tigers" economies and quickly reverberating globally set the stage for the first genuine debate in several decades over the role of the International Monetary Fund (IMF). ... It is regarded by its supporters as playing a constructive role as an international credit cooperative serving its universal membership with impartial macroeconomic policy advice, technical assistance and financing for countries encountering temporary balance of payments problems. ... Introduction In the aftermath of the financial cri...

• Word Count: 3629
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

The Purpose of Business It has become apparent that the accepted view of the role of corporations in society is evolving, and necessarily so. ... Corporate ethics and the role of business in society is under public scrutiny perhaps more than ever before in modern history, particularly in the USA. ... Social Contract Theory The third view on the role of corporations in making ethical decisions within a social context, is the social contract theory. ...

• Word Count: 2501
• Approx Pages: 10
• Grade Level: Undergraduate

Among those, the strong role of government would be probably the most important one. ... Government's Export Promotion Policies In the economic development, the government's creation of economic rent for certain segments of business takes critical role. ... In general, the Bank of Korea, in its role as the country's central bank, determines the allocation of loans, interest rate level and the supply of money but the decision making in these area is controlled by the Minister of Finance. ... Controlling exchange rate is another good example to describe the effect of government&#x...

• Word Count: 2573
• Approx Pages: 10
• Grade Level: Undergraduate

At the time this Report is being released, the world economy continues to emerge slowly from the most serious economic crisis of the post–World War II period-one that has deeply transformed the global economy and highlighted the increasingly important role that emerging markets and developing economies play in the global economy. ... The importance of a sound and fair institutional environment has become all the more apparent during the recent economic and financial crisis and is especially crucial for further solidifying the fragile recovery, given the increasing role played by the stat...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate

benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states and non state actors alike, that attempt to resist these often ill defined phenomena captured by the all embracing notion of 'globalisation'. For example, the long term tendency towards freer trade, electronic commerce and the seemingly uncontrollable power of deregulated capital markets do...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate

The purpose of this essay is to briefly explain role of financial system, give examples of financial instruments, and discuss causes of financials crisis; what effects did it had on US and UK economies and what measures should be taken to avoid similar events in future. ... It is one of the most significant creations of modern society that plays a vital role in growth and development of countries economy. ...

• Word Count: 2663
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

This book covers many different concepts such as the role of self-interest, the division of labour, the function of markets, and the implications of a laissez-faire economy. ... "He stated that the role of government is to protect the land from foreign invasion, enforce contracts and maintain a physical and legal infrastructure that promotes commerce and investment"(Smith 451). ... Smith lays out the role for state activity, he maintains that there are three areas for legitimate governmental activity in society: defense against internal or external security threats, the formation of laws that ...

• Word Count: 3103
• Approx Pages: 12
• Grade Level: Undergraduate

The Reserve Bank has repeatedly stressed that its role in making South Africa more attractive for foreign capital is to curb the rate of growth in the money supply, avoid excessive reliance on an inflationary expansion of bank credit with a view to sustaining economic growth, maintain realistic interest rates, increase the foreign exchange reserves and ensure that the exchange rate was stable. ...

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

Does the environment matter in Australian political debates? Since the 1970s environmental issues have gained much publicity. They have become prominent in Australian political debates. The political attention on the environment peaked during the late 1980s (Summers, Woodward &Parkin, 2002). As...

• Word Count: 2910
• Approx Pages: 12
• Has Bibliography

This agricultural industry was a time in which men took on certain roles and women took on others. ... It must be understood that adult roles were split between being a provider and a parental unit and both men and women contributed somewhat equally to both (Hattery, 11-13). ...

• Word Count: 3329
• Approx Pages: 13
• Has Bibliography
• Grade Level: High School

In Daniel Defoe's novel, "Robinson Crusoe," the titular character struggles to remain moral in a society which places great significance on the attainment of power and wealth. At first, Crusoe can be characterized as a man who is in large part a product of his environment and the ideals of current s...

• Word Count: 2834
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

In January 1994, the United States, Mexico, and Canada implemented the North American Free Trade Agreement (NAFTA). The goal of NAFTA is to create better trading conditions through tariff reduction, removal of investment barriers, and improvement of intellectual property protection. NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs by the year 2004. Before NAFTA was established, investing in Mexico was a difficult process. Investors needed the Mexican Government's approval and were also required to meet specific investment guidelines. ...

• Word Count: 3714
• Approx Pages: 15
• Grade Level: Undergraduate

These are only a few of the things Mises achieved in his first work, he also showed the role of banking in the supply of money, and showed that free banking, banking free from government control and dictation, would result not in wildly inflationary expansion of money, but in banks that would be forced by demand for payment into a efficient non-inflationary policy of "hard money."" ... Under capitalism every individual plays a dual role in the determination of economic values. ...

• Word Count: 2749
• Approx Pages: 11
• Grade Level: Undergraduate

Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and poli...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

(Boyd, 2002) pointed quoted a point from (The Copenhagen Centre for Partnership Studies,2002) stating that Social Partners and Social Partnership can be defined as: Social Partnership can be defined as a tri or multi-partite arrangement involving employers, trade unions, public authorities (the state and/or local/regional authorities) and/or others (e.g. voluntary sector). Social partnership is usually concerned with areas of economic and social policy and might be based on a binding agreement or declaration of intent. (The Copenhagen Centre for Partnership Studies, 2002). Social Partners is t...

• Word Count: 5360
• Approx Pages: 21
• Has Bibliography
• Grade Level: Undergraduate

International politics has played a key role in converting new technological opportunities such as travel and communications (globalization in a narrow sense), into new forms of economic regulation and business practices (globalization in its broad sense). ...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

Nowadays globalisation is on everyone's lips. By measuring the historical intensity of international economic links, the World Bank has identified that between the two World Wars and through the Great Depression the global poverty rose strongly and inequality widened. It seems due to colonialism and...

• Word Count: 6472
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate

It plays a significant role in the identification of wants and needs, pricing strategy, product features, motivation to procure, the desirable decisions and distribution channels. 1.3 Profit Potential Profit refers to the difference between costs and revenues. ...

• Word Count: 9702
• Approx Pages: 39
• Grade Level: Undergraduate

Globalization is defined with the focus of economics to mean the integration of the state economies through corporations' investment, trade and capital flow into the international economy. There are critics of globalization argue that economic globalization is the leading cause of the social problem in the world such as poverty and the depreciation of the environment globally. The unfair trade in the international trade in the name of free trade to maintain self-protection and an example is the mechanical protection in developing countries. The trading system is particularly unfair, and t...

• Word Count: 2557
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

China has been the scenario of political, social and economic turmoil during the past decade. The handover of Hong Kong to China on June 1997, after over a century and a half of British colonial rule, as well as China's recent accession to the World Trade Organization are milestones in our era. They have also been subject of much polemic and controversy; authors and experts from multiple disciplines have rushed to make pessimistic predictions. The transition proved to be a smooth one (Tang, 1999), against all predictions; now, the question is whether the WTO membership will bring any surp...

• Word Count: 3624
• Approx Pages: 14
• Grade Level: Undergraduate

Globalization is the topic of 21st century that we cannot forget to mention in political science. Our society has become interdependent with each other in many ways through things like trade, technology, culture, and immigration. In a personal level, globalization has led people to be connected throughout the world regardless of their proximity using the most recent technologies, which resulted in making our world a smaller place. For example, one can easily communicate with others face to face, using their computers, tablet PCs, and mobile phones. In a more global level, globalization connect...

• Word Count: 3315
• Approx Pages: 13
• Grade Level: Undergraduate

Introduction An economy is a state of a country or region that manufactures and consumes good and services as well as the supply of money. The economy could increase or fall at any at period, so particular strategies need to be used to get through the difficult situations. It depends on the where the economy is standing and what they are aiming for. China is located in Southeast Asia alongside the coastline shore of the Pacific Ocean. It has an area of 9.6 million square kilometers. ...

• Word Count: 2966
• Approx Pages: 12
• Has Bibliography
• Grade Level: High School

Contributed by Vivek Vyas PRM-23100 Some major problems that confront Rural Non-farm Employment are as follows Changes in consumer preferences - The problems of low demand and excessive competition are the major problems that rural non-farm employment faces. They appear to be caused by a lack of ability to identify and connect to more distant markets, plus trouble getting the design, quality, and delivery up to standards demanded by consumers. The repercussions -It can therefore be expected that there would be a tendency for rural-based manufacture of basic consumption goods to decline...

• Word Count: 2539
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

Introduction The Australian Agriculture Company specializes in agribusiness. The company produces agricultural products, beef, and cattle. The company's main focus is cattle and beef production, but it also produces sorghum, cotton, wheat, and chickpeas. In other words, AA Co's focus is agriculture and agriculture-related business. The company's headquarter located in Brisbane, Queensland where it has 7 million hectares of land (AA C0, 2016). ...

• Word Count: 3015
• Approx Pages: 12
• Has Bibliography

Karibu ! That is a word that many a visitor will hear as soon as they arrive in Kenya. Kenya, the land of great sceneric beauty and friendly people, lies in the eastern part of Africa. It borders Ethiopia, Uganda, Sudan, Somalia and Tanzania. It also borders the Indian ocean and Lake Victoria. ...

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