Category: Economic
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Economic Development of the United Arab Emirates (UAE)
Table of Contents History The Economy Economic Problems, Challenges and Constraints Economic Competitive Advantage Conclusion Works Cited Since its formal creation on December 2, 1971, the United Arab Emirates (UAE) has witnessed dramatic and major economic and social changes (Gonzalez 92). While it was initially a poor country, the country has put the revenue from…
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The significance of Adam Smith’s “invisible hand” concept on modern economics
Table of Contents Introduction A critical analysis of Smith’s “invisible hand” The significance of the invisible hand theory Karl Marx’s theory John Keynes Model The Austrian school of economics The Chicago school of economics Conclusion Works Cited Introduction Adam Smith, the Scottish economist, studied at the Glasgow University and the Balliol College of Oxford in…
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Euro Zone Economic Crisis and Its Impact
Table of Contents Introduction Background Information Causes of Euro Zone Crises Greek in the Middle of the Crises Solutions for Greece crisis problem Solutions and strategies to EU crisis Impact of the Crisis to European integration Conclusion Works Cited Introduction The EU was formed in 1957 and efforts to coordinate the currency into single formidable…
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Cyprus’s Economic Performance in 2017-2018
Table of Contents Abstract Introduction Economic Growth Unemployment Inflation Other Factors Affecting Productivity Conclusion References Abstract The paper provides an overview of Cyprus economic performance. The country’s economic growth has faced many market challenges including effects of neighbor countries financial performance. Cyprus entered its depression under massive macroeconomic imbalances resulting from political instability. The economic…
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China’s Political Economic System as a Phenomenon
Table of Contents Introduction Political Economic Systems Communist Political-Economic System Massive Construction Propaganda and Surveillance Consumerism and Web-Control Conclusion Reference Introduction China’s economic reforms are unique in terms of mixing approaches of different political-economic systems. Despite this, the state remains a totalitarian regime with communist ideology. Understanding the mechanisms that underlie government decisions and socio-economic…
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Global Economic Imbalance in Trade
Table of Contents Introduction Recent developments in the global economic imbalance Conclusion Works Cited Introduction Balance of trade is referred as the distinction between monetary significance of imports and exports of output in an economy over a specific time. This is the correlation between exports and imports of a country. Global imbalances are the major…
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Balance of Payments in Global Economics
Table of Contents The Importance of the Balance of Payments as an Accounting Measure The Current Account and Its Components Capital and Financial Accounts and Their Components U.S. Deficit in Traded Goods and the Balance of Payments Conclusion References Balance of payments (BoP) is an account of acquisitions and sales on the foreign market done…
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Economics and Politics: International World Economy
Table of Contents Introduction The Upsurge of Economics and Politics Conclusion References Introduction Economics broadly concerns the process of accumulation, allocation, and exchange of the limited resources in the domestic and international markets. On the other hand, politics focuses on manipulation of power in human disagreements and agreements in the context of civil governance and…
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Brazil and the United States in Global Economics
Table of Contents The Production Possibility Frontiers Specialization Conclusion References Productive efficiency of an economy is dependent on its ability to mobilize and utilize its resources optimally. The production possibility frontier measures the amount of goods and services that an economy can produce using its available resources (Gillespie, 2016). The production possibility frontier varies from…
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Global Economics of South America
Table of Contents Introduction Economic Impacts of Globalization The Future of Globalization Conclusion References Introduction William Shakespeare, the famous writer and poet referred to the world as a stage where all of us are merely players (Dimitrova, 2002). These words seemed to be sophisticated because of the difficulty in understanding what he really meant. However,…