From the Paper "A central bank serves as the banker to both the banking community and the government; it also issues the national currency, conducts monetary policy, and plays a major role in the supervision and regulation of banks and bank holding companies. In the U.S. these functions are the responsibilities of key officials of the Federal Reserve System: the Board of Governors, located in Washington, D.C., and the top officers of the 12 district Federal Reserve banks, located throughout the nation."
Abstract This paper looks at the extent that American Industry relies on global outsourcing. It focuses on the dependency that the software industry has on labor markets in places such as India and the effects these kinds of practices have on the local economy and society.
From the paper:
"Outsourcing is the practice of subcontracting some or all of a company's information systems services to another firm. The approach has been around for many years, and corporations have been subcontracting work to low-cost labor areas for years, but in the past, this practice was limited to data entry job. In the 1990s, outsourcing began to grow by 15% a year, according to the Yankee Group, and the approach generated a huge amount of discussion, attention and renewed interest among business leaders in the United States and abroad. "
From the Paper "Outsourcing is the practice of subcontracting some or all of a company's information systems services to another firmThe approach has been around for many years, and corporations have been subcontracting work to low-cost labor areas for years, but in the past, this practice was limited to data entry job. In the 1990s, outsourcing began to grow by 15% a year, according to the Yankee Group, and the approach generated a huge amount of discussion, attention and renewed interest among business leaders in the United States and abroad. For instance, there were highly publicized, large outsourcing contracts by Eastman Kodak Company, Continental Bank, and General Dynamics, among other firms."
Tags: India, work, ethics, subcontracting, society, labor, trade, taxation, benefits
Abstract This paper deals with the background and decision making process for the development of the Boeing 777. The demand and innovations of the 777 are further discussed. The majority of the paper uses net present value (NPV) and the weighted average cost of capital to determine if the 777 project added value to Boeing.
Outline
Background
Program Snapshot
Innovations
The 777 Decision
Demand for the 777
Development, Life Cycle and Costs
Financial Analysis: Net Present Value of the 777
Conclusion
Works Cited
From the Paper "The Boeing 777 program was launched in October 1990 with Chief Executive Officer, Mr. Frank Shrontz, at the helm. It all started with an order from United Airlines, and in June of 1995, United flew its first 777 in revenue service. The market's demand for size, shaped and launched the newest member of the Boeing twin-aisle family -- the 777. The airplane design offered features, innovations, and approaches to airplane development that set the standard for delivering value to the airlines."
Abstract The paper provides a summary of a simulation for using fiscal policy tools to manage a fictitious country called Erehwon. The paper relates that government spending and taxation are fiscal policy tools that affect the real GDP and aggregate income of the economy. The paper shows how increases and decreases in government spending and taxes aid in managing recession and inflation. The paper concludes that there are no actions to guarantee optimum results, so policy makers must be flexible and evaluate the effectiveness of fiscal policy changes. The paper also applies these principles to the workplace.
Outline:
Abstract
Effects of Fiscal Policy Changes
Key Fiscal Policy Points
Workplace Application
Growing Further Assessments
Conclusion
From the Paper "Fiscal policy is a tool used by federal governments to regulate the economy. This paper provides a summary of a simulation for using fiscal policy tools to manage a fictitious country called Erehwon. Erehwon is a small country with a population of 30 million with an average income of $1,300. The literacy rate is 56% for males and 35% for females. Only11 million individuals are in the labor force and 20% of the population lives below the poverty line. The country suffers from an inadequate infrastructure for transportation, communication and banking services. The government must manage the fiscal tools of government spending and taxation to improve the health of the economy and strengthen the country's infrastructure."
Abstract This paper attempts to provide rational reasoning in support of the legal sale of marijuana in Canada.
From the Paper "Legalizing marijuana is a controversial issue. This issue has raised many questions, which are being fought on an economical, political and ethical front. "
Abstract This paper discusses the ever growing problem of world overpopulation. The paper analyses the problem, obstacles in the way of a solution, and possible methods of improving the world situation.
From the Paper "Since the turn of the century the world's population has grown over six-fold. By the year 2060, the population is to grow to an expected 16 billion people! In underdeveloped and overpopulated continents such as Africa and Asia this problem poses a serious threat to existence and health. "
Abstract This paper details the roots and causes of the Asian Financial Crisis in the late 90's. The author discusses some of the economic conditions responsible for the crisis and the various countries involved.
From the Paper "Some economic analysts have described the Asian financial crisis as one of the worst financial disasters to occur in history. These same economists argue that the Asian financial crisis was far worse than the Latin American debt crisis and could be likened to the great depression of the 1930?s. While not any one specific cause can attempt to explain the reason for the crisis, a number of factors during this time frame existed that helped to facilitate the collapse of the Asian economy. Each country affected by the crisis had different impending circumstances for being vulnerable to this predicament during that time period. The crisis began in a few concentrated countries in southeastern Asia and by the end had propagated throughout many of the countries located in Asia bringing devastating affects."
Abstract This paper answers the following questions: How does the movement of interest rates impact the economy? How do interest rates impact inflation, foreign exchange rates, stock markets, bond markets and corporate growth? What role does the Federal Reserve play in the ecomy and how can changing the interest rates improve or hurt the economy? What rates does the Federal Reserve set?
From the Paper "1.1] Introduction Interest rates are an important macroeconomic tool, used by the Federal Reserve Board to exercise monetary policy decisions. Although there is a widespread debate on how such a policy should be complimented with fiscal policies which are used by the government there is a large consensus that it does help to prevent excessive overheating of the economy and also help prevent long term recessions. Fiscal policy on the other hand may not offer a similar support mechanism to markets and its effects on the economy may take place over several years."
Tags: fed, interest, policy, FOMC, consumer, Central, Bank
Abstract This paper discusses the advantages and disadvantages of the trend to outsource programming jobs to India. It looks at how this move affects both the American and Indian economies and how this also affects their work ethics.
From the Paper "According to global research agency Gartner Inc, one out of every ten jobs in American software industry by the end of 2004 will completely move to low-cost emerging markets like India, China, Russia since United States companies have moved to cut costs. However, till now India has captured the major proportion of white-collar jobs exported from the U.S. and has proved to be the leading gainer amongst all other developing countries (Jeff). A media report highlighted by the global research has estimated that approximately even 500,000 white-collar American jobs already have found their way offshore to the countries like China, Philippines and Malaysia; yet none has been able to capture more American jobs than India (Jeff)."
Abstract This paper is based on the airline industry and discusses a brief history of this industry, an industry overview, and a SWOTT (Strengths, Weaknesses, Opportunities, Threats, and Trends) analysis of the industry. It also addresses the impact of real Gross Domestic Product (GDP), the unemployment rate, and the inflation rate as measured by the consumer price index (CPI). The paper includes three economic indicators.
History of the Industry
Industry Overview
SWOTT
Gross Domestic Product
Unemployment Rate
Inflation Rate
Economic Indicators
In-depth Analysis
Final Recommendations
From the Paper "Business travel still plays a significant role in the airline industry. Although many advents in business communications technology have evolved, something remains to be said about the quality and quantity of business conducted in face-to-face meetings. Competition for business travelers is intense with legacy carriers and low-cost carriers vying for revenue. Today, the financial benefit is in the business community's favor although it is expected that in late 2005 excess capacity consumption will allow the airlines to begin charging higher fares (National Business Travel Association)."
From the Paper "A sustained economic growth is fundamental to any nation wishing to raise its standard of living and provide a greater well being for all. Gross domestic product (GDP) is the monetary value of all final goods and services produced in the US over a specific period of time, usually a year. "
Tags: domestic, gross, product, US, United, States
Abstract This paper discusses the affect that wealth has on health and postulates that people born with lower social status have a higher liklihood of sickness and health complications. It touches on subjects from issues of not enough money for food to sexual practices.
From the Paper "Even though we are taught in schools how different we are from ancient societies, we are not all that different. An individual is still born into his or her social class and he or she is brought up to live like those of his or her class. In our modern society individuals are able to more easily build his or her future on his or her dreams, but the reality is that dreams and hopes are hard to come by. Sadly due to the social classes impounded upon us at birth individuals must over come many obstacles in life, of which one is health. In our society, health can be purchased, as though it were a commodity, not something available to everyone but only to the wealthy. Such a commodity should not exist since we have a right to be healthy, however it does. For obvious reasons, it is much harder for lower classes to purchase this health, and therefore, for obvious reasons, such classes are less healthy."
Abstract This report looks at the impact of American culture on the development and advancement of globalization. The author first examines the history of Americanization during the 20th Century and then provides an extended look at several components of the American culture that are exported on a global scale, including technology, telecommunications, economics, goods and services, language, media, entertainment, and religion. In addition, this report examines how these have impacted countries such as: Western Europe, Japan and Canada.
From the Paper "For centuries, monarchs, generals, explorers, and financiers have been creating an increasingly interdependent global economy. In today's modern age, unprecedented advances in communications, transportation, and computer technology have given new impetus to the globalization process. As the economies and cultures of the world become integrated into the whole of the global information age, the concept and reality of globalization becomes more complex and far-reaching. One thing is for sure; globalization is challenging existing social identities across the planet in many important ways. A prime example of this process can be found in the influence that American culture is having in the modern world."
Abstract This paper discusses the pros and cons of legalizing the mostly Mexican illegal immigrants currently working in the United States. It begins by laying out the hardships at present which those working and trying to gain legal citizenship face and the burdens to the U.S. economy. This is followed by a well composed argument for legalization, include points such as; the need for agricultural workers, reduced border patrol and increased taxation.
From the paper;
"The issue of the legalization of illegal Mexican immigrants now living in the United States has long been controversial. Opponent's feel legalizing the immigrants will take away jobs from U.S. citizens, and that it sends the wrong message to the thousands of immigrants who entered the country through the proper legal channels. ABC News reports "'This is a kick in the teeth to the thousands of individuals across the world who are legally attempting to enter the United States,' said Rep. Tom Tancredo, R-Colo., chairman of the Congressional Immigration Reform Caucus. 'Instead, the U.S. is saying, "Why wait" Sneak on in! Whether you enter illegally or not, you will be a resident or citizen in no time." The first lesson these new residents will learn about the U.S. is it is OK to break the law.'"
"Current estimates show at least 4 million undocumented workers live in the U. S. About one-quarter of them live in California, and most of them are Mexicans. Mexican immigrants have received amnesty before. ABC News reports, "The last time the United States granted amnesty to illegal immigrants was in 1986, when President Ronald Reagan signed a law that eventually resulted in the regularization of about 2.7 million people, mostly Mexican immigrants in California."?
Abstract This paper explores the recession that the United States is now experiencing, and how it affects everything from large business like the airline industry to paying for tonight's supper . The author also discusses how we can prevent or slow down future recessions. The paper focuses the recession on a microeconomic scale, applying it to the author's own Western Kentucky.
From the Paper:
"The recession has impacted almost everyone in our surrounding community, whether they were impacted directly or indirectly. It has impacted local small businesses, large industries and companies, as well as individuals and families. All people in the economy are impacted by a recession. However, from the current information that I have obtained, it looks as if the economy is on the rise and will soon be back to normal. Recession is a serious issue, but hopefully our current let down in economy has been a learning experience and next time we will be better prepared and can prevent an equal disaster."
