Category: Economics 2707

Middle East Oil in Uncertain Times is a presentation by Bassam Fattouh, which is dedicated to the specifics of the dynamics in the global oil sector. The presentation reviews the most recent trends in the sector, provides illustrative examples, and makes relevant suggestions on the potential responses of the countries of the Middle East. In…

Table of Contents Marschalls Economics Demand Theory Supply Theory Effect of Changes in Supply and Demand Implications of Tax Black Markets Works Cited Marschalls Economics Alfred Marshall was one of the most influential economists of the mid-nineteenth century and the beginning of the twentieth. His Principles of Economics brought ideas of supply and demand, production…

Raul Prebisch was an Argentinean economist who contributed greatly to the international debates on economic development in the period between the 1940s and the 1970s. Although he was a theorist, he is known more as an economic diplomat who contributed significantly to debates in regards to development and international trade (Myrdal 9) His appointment as…

Table of Contents Introduction Summary Conclusion Work Cited Introduction Alhakimi and Peoples in their article Foreign Direct Investment and Domestic Wages in the USA from 2009 examine how foreign direct investment affects wages in the United States. The correlation between the two has been examined in a variety of articles with similar titles. In recent…

Table of Contents Beijing: Role of Private Sector and Privatization New York: Role of Private Sector and Privatization Comparison and Conclusion Works Cited Beijing: Role of Private Sector and Privatization The history of privatization in Beijing is somewhat recent, as the city entered the sphere of the market economy at the end of the twentieth…

This paper is a summary of the Distinguished Lecture on Economics in Government: Exchange Rate Regimes: Is the Bipolar View Correct? article published in The Journal of Economic Perspectives in 2001. The article by Stanley Fischer describes the problems of reforming the global financial system. Precisely speaking, he notes that all of the recent crises…

Introduction Organizations in all industries are interested in maintaining their levels of competitiveness for continued delivery of value to their owners (shareholders). In fact, any organization in todays fast moving environment that is looking for the pace of change to slow is likely to be sorely disappointed (Bertscherk and Kaiser 395). One of the major…

Article Discussion The article Advantages and disadvantages of IFRS compared to GAAP by Anna Jordan aims at giving a complete picture of the ongoing switch to the new reporting system in the United States. While the author does not summarize its statements or try to weight the listed arguments and give any definitive conclusion regarding…

Table of Contents Economic Impact: General Aspects Economic Impact in Agriculture Economic Effect in Energy Positive and Negative Effects for Russia Conclusion References During the last several decades, Russia has been one of the leading importers of agricultural products globally. The country developed business relationships with different countries and established trade agreements in different sectors.…

In most cases, if it is about financial pyramids, unstable, and usually rather weak market economies are meant. At the same time, when financial relations were not yet typical for the population, and the majority of people started to master the capitalist principles of the market, the chances for fraudsters grew. Nevertheless, experience shows that…