Category: Economics 2707
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Foreign Direct Investment in India
Introduction The purpose of this paper is to analyse foreign direct investment (FDI) in India. FDI refers to the net inflow of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor (World Bank 2015). Developing countries have focused on attracting FDI to boost economic…
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Marxism in the Digital Era Economy by Fuchs and Garnham
These two articles present opposing views on how Marxism is manifested in the economy of the digital era. On one side of the argument, there is Christian Fuchs, who presented his views in the book Digital Labor and Karl Marx. The key concept in Fuchs book is that social media has become a tool for…
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Brexit and Its Forecasted Outcomes
Introduction The possibility of the UK leaving the European Union or the so-called Brexit is a key source of concern for the major part of the British business world. It is assumed that the potential changes in the trade relations with the EU, as well as the uncertainty associated with investments, can have a negative…
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Gross Domestic Product and Its Alternatives
Gross Domestic Product (GDP) is considered an indicator of the overall economic wellbeing of the country. It should give a representation of the general welfare of the nation as the higher the level of production, the higher the countrys well-being. However, GDP does not reflect the social state of the country. It does not include…
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Crude Oil Price and Impacting Factors
Introduction Crude oil is a critical commodity in the modern industrial world. It is one of the most actively traded resources in the global market. The extent and volume of such commerce have their impacts on the international community, forming a reciprocal connection that both regulates and can be affected by economic affairs. The price…
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International Economics: Causes, Consequences and Future
Table of Contents Monetary and Fiscal policy Financial Crisis U.S Export Subsidies Resource Mobility Russia Globalization Works Cited Monetary and Fiscal policy Monetary and fiscal policies are policies of the central bank and the government. The policies are utilized by the two organs for maintaining economic stability in the country through maintenance of low inflation…
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Brazils Booming Economy: Too Hot for Comfort
Name of the article Brazils booming Economy: Too hot for comfort Author of the article The Economist online In 1-2 paragraphs, outline what the article is about? The article describes the occurrences in the Brazilian Economy in the recent period after the famous global crisis. The Brazilian economy has experienced GDP growth rates higher than…
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Embarrassment and Consumer Behaviour
Introduction The negative emotions such as embarrassment may significantly affect individuals behaviour in different purchase situations. The article Effects of consumer embarrassment on shopping basket size and value: a study of the millennial consumer written by Nichols, Raska, and Flint and published in the Journal of Consumer Behaviour in 2015 has a purpose of investigation…
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Economic Efficiency for Policy Analysis
Table of Contents Economic Efficiency Importance of this approach to the field of policy analysis Conclusion References Economic Efficiency Economic efficiency is the use of resources such that maximum utilization of those resources is achieved in production of goods and services. It involves effective and equitable allocation of resources. An economy is said to be…
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Canadian and American Consumer Price Index
Abstract The current research paper dwells on the critical differences between the US and Canadian economies in order to make informed conclusions regarding the gap between consumer price indexes of the two countries. So as to do that, the researcher conducted a literature review on the subjects of product pricing and manufacturing industry. Then, with…