In recent years, as awareness of globalization has entered the mainstream, a variety of tomes examining the detrimental effects of this process have emerged. While some of the literature is strictly intended for a scholarly audience, many books have been published with the general reader in mind. ...

NAFTA 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 prote...

Introduction Many economists have said that the growth experienced by Southeastern Asian countries during the 1980s and early 1990s was a "miracle." Japan, Malaysia, South Korea, Indonesia and other countries in the region experienced annual growth rates of over 7 percent. Along with this rapid gro...

Financial Crisis The financial distress of the last two decades has revived interest on the question of the stability of the financial system. On the one hand, the "pessimist" view, associated primarily with Minsky argues that not only that the financial system is prone to such crises ("financial...

During the late nineteenth century the Russian government undertook a policy of rapid industrialisation which, due to a combination of factors, drove the desire to industrialise Russia for the principle aim of keeping the 'facade' of her militaristic strength and power status. It was ev...

I: Introduction As early as 1941 plans were being prepared in the UK and the USA for the post-war economy that were heavily influenced by the experience of the 1930s which had witnessed the collapse of the gold standard, the Great Depression, volatile exchange rates, trade-protection and competit...

A Portrait of the Death of an Economy My topic deals with Pakistan, its relationship with the IMF and World Bank, and its internal problems that are causing unemployment, poverty, economic crisis and hunger. I shall be analyzing the situation using the neo-classical theory, as it is what the e...

Brief Economic History and Government Policy Korea was one of the poorest countries in world after experiencing two wars. World War II and Korean war (1950 ~ 1953). The country even experienced a food shortage so that it had to heavily rely on the foreign aid. Yearly per capita consumption was a m...

Brief Economic History and Government Policy Korea was one of the poorest countries in world after experiencing two wars. World War II and Korean war (1950 ~ 1953). The country even experienced a food shortage so that it had to heavily rely on the foreign aid. Yearly per capita consumpti...

BIG ECONOMIC ISSUES Samuelson has offered the world many economic theories. One area he is widely known for is his views on the spending multiplier. Samuelson has presented a way through his aggregate demand model to demonstrate how the spending multiplier affects individual types of spending...

ECONOMICS AND THE HOUSING MARKET ESTABLISHED RESIDENTIAL HOUSE INTRODUCTION At present, not a day passes where there isn't a media report about the domestic housing/property market. The property market has proved its significance in the context of overall domestic activity, investme...

A large economic downturn in East Asia threatens to end its nearly30 year run of high growth rates. It is hard to understand what these declines will actualy do to the world market. The crisis has caused Asian currencies to fall 50-60%, stock markets to decline 40%, banks to close, and property valu...

Pakistan A Portrait of the Death of an Economy My topic deals with Pakistan, its relationship with the IMF and World Bank, and its internal problems that are causing unemployment, poverty, economic crisis and hunger. I shall be analyzing the situation using the neo-classical theory, as it is what th...

Introduction When a bubble economy is thriving, people are prone to believe that it will last forever (Ignatius, 2004). This general feeling existed in Japan in the 1980s and in America in the late \'90s. Today, many people believe that this is what is happening in China -- the \"miracle economy,\" ...

Canada\'s central bank, the Bank of Canada, is a largely unknown institution to the majority of Canadians. Despite its small size and obscurity, however, the Bank of Canada plays a vital role in the nation\'s economy. With a budget that is dwarfed by most minor federal agencies, the Bank maintains a...

Principle Economic Indicators The million (or should we say 'billion' now) dollar question is whether or not the United States' economy will stay in it's record 107 month expansion (according to the index of leading indicators) or come out of the boom and take a downturn into a recession. No...

Economics is a vastly complicated subject; it can be complicated as life itself. It deals with the exploitation for profit of the material world - in particular how to do it efficiently. As defined by economists, it is the efficient allocation of scarce resources. Neo-Liberal or neo-classical econom...

Britain's Trade and Finance after WWII The war, which broke out in September 1939, like the First World War, raised a host of supply problems, which could not be resolved satisfactorily by market forces alone. Once more, Govnerment had to take steps to control the economy and limits had to be pla...

Introduction The economic situation differs from country to country, caused by difference in population, geography, monetary system, political situation and a lot of other factors. But even within one country there are always a number of regions that differ from one another by their economic perform...

Economics of WarThe choice to bomb the World Trade Center was more than symbolic. The collapse of the towers has coincided with an already slowing global economy and was probably intended to cause as much economic as physical harm. The crisis will have deep economic repercussions in a number of are...

Decades of controversy about the nature and appropriate boundaries of his discipline led the economist Jacob Viner to observe that "economics is what economists do." Somewhat more precisely, economists engage in systematic inquiry into the effects of those human activities which are grouped under t...

Introduction. Officially known as the Argentine Republic, Argentina occupies the majority of the southern portion of South America. Argentines have tended to disagree about why it has been so hard for them to prosper economically or collaborate politically. Over the years, they have claimed that it...

The study of economics has always been recognized as one of the most complex studies that have ever existed in the history of mankind. Many do not realize that economics has evolved around us since the existence of the first human kinds. It has been continuously developed and became more essential ...

Globalization is an apparent concern in our world today. Not only are countries trading goods and conducting business with one another, they are also exchanging cultures and religious beliefs on some levels. While there are still many drastic differences between the developed countries and the und...

Thesis Statement: A Detailed analysis of Egypt's economic progress over the last decade whilst analyzing the effect of privatization on the Egyptian economy Introduction: Egypt is the third-largest economy in the Middle East and North Africa region (after Saudi Arabia and Israel), a...