An examination of the causes of the crisis focusing on Thailand.
Essay # 24415 |
2,025 words (
approx. 8.1 pages ) |
9 sources |
2002
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$ 38.95
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Abstract
Examines causes of the crisis focusing on Thailand. Economic factors. Asian economy & markets. International trade. Credit & monetary policies. Currency devaluations. Bankruptcies. Foreign investment. Role of International Monetary Fund (IMF) & U.S. regarding assistance to Thailand. Debt restructuring.
From the Paper
"Introduction
The recent upheaval in the Asian economies in general, and in Thailand in particular, produced ramifications felt throughout the world, a result of the global market in which business and economies now operate. The effects of the crisis include bankruptcies throughout Asia; Philippine Airlines is just one high.profile company that ceased operations. The effects have spread to the United States, where American goods must now compete with cheaper Asian goods because currencies have been devalued. This research examines the possible causes of the crisis and considers the research that has been done into the crisis with a particular emphasis on Thailand.
Objective of the Research
It is impossible to consider the financial crisis in Thailand without taking in..."
This paper discuses the international economic order as a part of the "global village".
Essay # 83927 |
2,250 words (
approx. 9 pages ) |
0 sources |
2005
|
$ 41.95
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Abstract
This paper explains the requirements of a cooperative and stable international economic order through the context of global trade and financial relations. The author points out the historical perspective and some solutions to a better interdependency of the opposing forces in the global arena. The paper describes the evolution of financial markets through time and the progression of trade through advancements in both technological and relational aspects.
From the Paper
"The world today is regarded as a "global village"; the rapidity with which information is exchanged, the speed of transport and the ease of communication have become standard. However, to understand how this came about involves taking a deeper look into the introduction of various international organizations and the way in which politics and economics are intricately connected. The realist approach to international relations assumes that there is anarchy, not in the sense of chaos and disorder but the actual absence of "world government" - there is no higher authority to which all states are subjected to and which is to have jurisdiction into states domestic issues."
Tags:international, economic, order
A discussion regarding the Chinese economic policy, both domestic and foreign.
Research Paper # 88784 |
5,625 words (
approx. 22.5 pages ) |
5 sources |
2006
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$ 81.95
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Abstract
This paper discusses China's economic policy and growth refracted through its foreign policies, its geo-political designs, and its internal consumption patters vis-a-vis energy and specifically petroleum. The research design is qualitative in approach and the conclusion is that while China has, in the past, united its foreign policy with that of its economic policy, and visa-versa, it has now begun to unwed these particular governmental dimensions with uncertain results. In the future, China is seen as possibly undermining the economic growth it was worked so hard to achieve by uncoupling foreign and economic policies.
From the Paper
"Table of Contents Introduction 04 Economic Theory 04 Applied Theory 06 Literature Review 06 Foreign Policy as an Economic Weapon 07 Monetary Policy 19 Economics of Petroleum 23 Methodology 28 Philosophical Rationale 28 Theoretical Foundations 29 Research Design 30 Empirical Findings 30 Conclusion 31 References 33 China: Dimensions of Economic Growth Introduction Economic Theory The neoclassical approach to the study of economics hinges on the allocation of resources that are distributed across needs and satisfactions. Supply and demand is often used to characterize neoclassical economics and is useful in that the economic investment in capital: human, physical, or intellectual, is the primary driver behind the theory of supply and demand and the meta-theory of neoclassicism. Neoclassical theory prefers that individuals behave rationally in the market which, consequently ensures that products and services are consumed efficiently and that, by extension, enterprises generate profit just as efficiently. "
Tags:china, economic, foreign
This paper discusses how politics and economics interplay on the domestic policy scene and how political constraints shape Economic policy.
Analytical Essay # 130308 |
1,500 words (
approx. 6 pages ) |
6 sources |
MLA |
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$ 29.95
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Abstract
In this article, the writer looks at how the election cycle restrains the President of the United States from pursuing bold economic policy initiatives. At the same time, the writer also reviews how the executive and legislative branches act as restraints upon each other. Finally, the writer explores how it is possible for elected officials to ignore the economic interests of millions of Americans who reside below the poverty line even though the nettlesome problem of poverty has been a subject of public debate for decades - if not generations. The writer concludes that politics is a rough terrain populated by many bickering interest groups and "players" and the access to the President of some of these groups is such that they can successfully thwart daring economic policies which might run counter to their interests even as those policies offer renewed hope to large segments of the American population.
Tags:political, constraints, policy
This paper examines U.S. economic policy of the last decade.
Essay # 50396 |
2,656 words (
approx. 10.6 pages ) |
14 sources |
MLA | 2004
|
$ 47.95
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Abstract
This paper examines the United States' past and future economic policy, with the purpose of recommending future economic policy to the President of the United States. The first part of this paper summarizes economic development over the past ten years. This includes unemployment, deficit spending, trade imbalance, and inflation. Part Two of this paper suggests economic policy direction for the coming years.
From the Paper
"There are a number of given reasons by economists to explain the end to the economic expansion that the nation experienced during most of the Clinton years. Some blame the Federal Reserve, (Solmon, Zycher, 2001) for the downturn in 2000. Alan Greenspan is credited by many for excellent stewardship of the nations economic health during the 1990s. However, starting in 1999 and into 2000 many point to Greenspan's hiking of the interest rate one or two times too many in contributing to the reversal of economic fortune in the country. To compound to problem, he then waited too long to reverse the interest rate hikes as the economy softened. (Solmon, Zycher) The Federal Reserve Board eventually brought the interest rate down to 45-year lows, but the benefits of "cheap" money has taken a while to kick in."
Tags:rate, growth, stocks, stock, market, cycle, keynesian, public, debts, capital, market
A comparison of the state-led economic policies of South Korea and Israel during the 1960s.
Comparison Essay # 112656 |
1,945 words (
approx. 7.8 pages ) |
6 sources |
APA | 2009
|
$ 37.95
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Abstract
The paper describes the hardships that both South Korea and Israel endured during the 1960s. The paper then discusses the role of government financing, investment and the use of economic nationalism in both countries and shows the similarities between the economic evolutions and the state's interventions. The paper relates, however, that the current economic situation is somewhat different; in South Korea, the decrease in government intervention led to significant corruption, while in Israel this led to economic innovation and integration in today's modern world of globalization.
From the Paper
"Without doubt, the 1960s represent the main time frame in which South Korea and Israel laid the framework for future economic prosperity. Not only that, the most torrid economic development occurred at this time. The most critical propellant of this prosperity, of which will be the primary topic of this paper, was the state-led policy linkages shared between South Korea and Israel. Discussion will be limited to the 1960s because this decade predated nearly twenty years of economic decline for both nations, and also because of the above-mentioned reasons. Further exploration of this intervention will focus on government financing, investment, and the use of economic nationalism."
Tags:government, financing, investment, banks, economic, nationalism, intervention
This paper discusses Vietnam's economic situation today.
Term Paper # 97938 |
734 words (
approx. 2.9 pages ) |
6 sources |
MLA | 2007
|
$ 15.95
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Abstract
The paper relates that since the enactment of Vietnam's "doi moi" policy for economic renovation in 1986, Vietnamese authorities have enacted structural reforms needed to modernize the economy and to produce more competitive, export-driven industries. The paper discusses, however, how Vietnam faces several labor challenges including income disparity, inflation and an insufficient infrastructure. The paper presents recommendations for Vietnam's economic policies.
Outline:
Economic Overview
Economic Problems
Recommendations
From the Paper
"Vietnam maintains a fairly even balance of trade with exports of $39.92 billion in 2006 and imports of $39.16 billion (The World Factbook). The industrial and construction sectors make up forty percent of Vietnam's economy. The service industry makes up another thirty-eight percent while agriculture makes up the remaining twenty-two percent. The growth rate of agriculture is slowing while the industrial and construction sectors are experiencing increased growth. Vietnam's economic expansion is large due to the exports of apparel to the United States which increase more than three times in 2003 over 2002. (Vietnam's economic growth accelerates, 2006)."
Tags:growth, trade, infrastructure, income, inflation, tax, breaks
A look at international business policy and the risks of currency conversion.
Term Paper # 142499 |
1,750 words (
approx. 7 pages ) |
10 sources |
APA |
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$ 33.95
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Abstract
The paper discusses how doing business in another country has risks over and above the normal risks of business. The paper explains that one of these risks comes from the fact that, to at least some extent, foreign currencies will be involved. The paper notes that even if the transaction is carried out with what are the current currencies of international trade, the American dollar and the Euro, there is risk in currency conversion.
From the Paper
"Doing business in another country has risks over and above the normal risks of business. One of these risks comes from the fact that, to at least some extent, foreign currencies will be involved. Even if the transaction is carried out with what are the current currencies of international trade, the American dollar and the Euro, there is risk in currency conversion. The local currency will be converted dollars or euros..."
Tags:business, globalization, policy
The paper looks at the theory of a hegemony in which a rich and powerful state supplies goods and services to the international community.
Essay # 25120 |
2,688 words (
approx. 10.8 pages ) |
6 sources |
APA | 2002
|
$ 48.95
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The paper discusses the history of hegemony and the economic theory that holds that the world is the most stable and prosperous when a hegemon exists as an organizer of the world economic and political systems. The paper looks at the United States as it historically filled the role of hegemon.
From the Paper
"The theory of hegemonic stability offers an overview of world economic history as influenced by major powers: the Dutch (1620 - 1672), the English (1815 - 1873) and the Americans (1945 - 1971). Naturally following is the theory of hegemony fatigue as put forth by Paul Kennedy and others: hegemony is a self-limiting system since the other countries (free riders) which use and benefit from the system put such a burden on the hegemon (who must bear the cost of the system) that sooner or later the system collapses. When the hegemon becomes unable to bear the burden of cost of the other countries, it either turns inward and puts its domestic issues first, or collapses under the strain. Frequently cited examples of hegemony fatigue and decline are that of England at the end of the 19th century, the collapse of the Bretton Woods system (the mechanism of US hegemony) and the collapse of the Iron Curtain which was the mechanism of the hegemony of the Soviet Union over Central and Eastern Europe."
Tags:economics, cost, service, system, countries
This paper will examine the effects of recent neoliberal economic policies upon human development in the Central American republic of Nicaragua. As will be seen, Nicaragua represents a particularly interesting country for study as it was the centre ...
Essay # 138081 |
1,500 words (
approx. 6 pages ) |
5 sources |
APA |
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$ 29.95
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Abstract
This paper will examine the effects of recent neoliberal economic policies upon human development in the Central American republic of Nicaragua. As will be seen, Nicaragua represents a particularly interesting country for study as it was the centre of regional economic, political, military and ideological conflicts in recent decades. In particular, the radical contrasts between the "crony capitalism" of the Somoza era, the economic interventionism of the Sandinista period, and the neoliberal policies and "jungle capitalism" of the Union Nacional Opositora government in the 1990s render Nicaragua a particularly interesting example for the study of international economic development. The paper will argue the thesis that while neoliberal policies have had some good effects in terms of an increase in consumer goods availability and a halting of inflation, they have also resulted in the occurrence of large-scale poverty as the purchasing power of most rural and urban dwellers has been restricted. Thus, in terms of human development, it must be concluded that neoliberalism has, at least to date, had a net negative impact upon Nicaragua.
From the Paper
The Effects of Neoliberal Economic Policies Upon Human Development in Nicaragua This paper will examine the effects of recent neoliberal economic policies upon human development in the Central American republic of Nicaragua. As will be seen, Nicaragua represents a particularly interesting country for study as it was the centre of regional economic, political, military and ideological conflicts in recent decades. In particular, the radical contrasts between the "crony capitalism" of the Somoza era, the economic interventionism of the Sandinista period, and the neoliberal policies and "jungle capitalism" of the Union Nacional Opositora government in the
Tags:economics, neoliberal, nicaragua