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"Elective Economies", 2007.
A critical analysis of the article "Elective Economies" by James Surowiecki.
1,485 words (approx. 5.9 pages), 12 sources, MLA, $ 49.95
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Abstract
The paper critically examines James Surowiecki's article "Elective Economies," which discusses how the U.S. stock market reacts to elections and political power shifts. The paper discusses Surowiecki's explanations why the stock market does not necessarily boom when stereotypically big-business Republicans take power, nor nosedive when stereotypically anti-business Democrats win influence. The paper looks at Surowiecki's final conclusion that the economy, on a macro level, will be affected little by the Democrats taking power in Congress.
From the Paper
"While trying to discern whether Wall Street would prefer Republicans or Democrats in power, Surowiecki never quite arrives at a fairly obvious conclusion: Wall Street prefers neither. Arguably, the markets are not smitten with either political party but, instead, prefer checks on the influence of either party's ideology. To a certain extent, the market likes gridlock because investors know that both sides have lost the ability to do anything radical that could significantly hurt business (Twin, 2006). Although some political pundits had speculated that the market would experience a sharp decline after the Democrats took over Congress in Nov. 2006, it never happened because investors instead saw a gridlock situation being created that could usher in some stability (Twin, 2006)."
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The U.S. Economy and its Effect on Global Markets, 2007.
This paper discusses the U.S. economy and looks and its impact on the global market.
1,407 words (approx. 5.6 pages), 7 sources, MLA, $ 46.95
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Abstract
In this essay, the writer points out that the United States economy has once again emerged as a growing economy, dramatically and irreversibly impacting the global market. The writer notes that the impacts to the global market lie in the areas of employment, globalization, agriculture, intellectual property, the War on Terror, and the overall U.S. trade deficit. The writer maintains that some of these impacts have been positive for the global market, such as outsourcing and inflated gasoline imports. However, the majority of the impacts caused by the U.S. economy have had devastating effects for third world countries in the areas of technological developments and intellectual property protections. This paper addresses the impacts that the U.S. economy has had on other markets in the world, and concludes with a brief summary of the issues.
From the Paper
"In the area of technological innovation, the United States is also impacting the global market. In the agricultural industry, one quarter of the U.S. economy previously revolved around it; currently, agriculture comprises less than one percent as a result of efficiencies and breakthroughs in technology. Globalization has sparked a revolution in information and communication technology, resulting in the emergence of an Information Age that boasts the arrival of new levels of global interconnectedness. However, this global inter-connectedness has widened the gap between the information-rich and the information-deprived. The technological innovations made by the U.S. has forced individual countries to improve their efficiency or at least reduce the government's role in the economy. Thus, it can be argued that globalization has made the world more interdependent and has increased the damage that internal problems within individual countries can cause."
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Supply Chain Management Logistics, 2007.
This paper provides an analysis of outsourcing in China today.
4,015 words (approx. 16.1 pages), 16 sources, MLA, $ 108.95
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Abstract
In this article, the writer identifies how supply chain managers in China are adopting Western outsourcing practices in a wholesale fashion or modifying them to fit their unique needs. This study provides an overview of outsourcing and some of its common applications, followed by an assessment of outsourcing practices in China today. An analysis of current and future trends is then presented and followed by a summary of the research and salient findings in the conclusion. The writer concludes that it is likely that history will show that Western companies seeking strategic alliances with Chinese companies today will reap enormous benefits in the future as the Chinese people continue to demonstrate that they know how to make money and are willing to spend it on Western goods when they are available and are shown to be of superior quality.
Outline:
Introduction
Review and Discussion
Background and Overview
Outsourcing Activities in China Today
Current and Future Trends
Conclusion
From the Paper
"China has transformed itself in recent years from a dormant, introspective giant into a dynamic juggernaut that has major potential significance to the global economy. Indeed, China's economic performance and exports have increased dramatically during the past decade, and experts predict that these trends will continue well into the future. With an estimated 20 percent of the world's population, China now represents almost 4 percent of world merchandise trade and a substantial percentage of global production as well. A concomitant of these trends has been an increasing reliance on outsourcing as a strategic business structure in many Chinese companies today, but there are some distinct constraints to the process that have been identified in the scholarly literature in recent years."
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The War in Iraq, 2007.
This paper examines the dollar cost of the war in Iraq.
955 words (approx. 3.8 pages), 8 sources, MLA, $ 33.95
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Abstract
This paper reports that the National Priorities Project (NPP) estimates that, as of March 2007, based on congressional appropriations, the cost of the war in Iraq is over 410 billion dollars. The author points out that there has been a waste of billions on "reconstruction" because of a lack of strategy and unclear lines of authority between the Defense and State Departments, which has led to confusion and disarray. The paper reports that Nobel Prize winner Joseph E. Stiglitz indicates that the total costs of the Iraq war could top the $2 trillion mark assuming that the troops will remain in Iraq until 2010 and including the health care costs of injured returning soldiers.
From the Paper
"The NPP indicates that with the money spent so far on the war in Iraq, the United States could have paid for 54,369,196 children to attend Head Start for one years. With those $410 billion, Americans could have built 3,696,054 affordable housing units. With that money the U.S. could have hired 7,113,800 teachers to work in public schools for one year. And the NPP data shows that the money spend so far on the Iraq war could have provided major medical health coverage for 245,801,075 children for a year."
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Healthcare Costs, 2007.
This paper argues that the U.S. health care system, especially in its life saving allopathic rather than preventative form, creates a cost conflict for consumers.
2,615 words (approx. 10.5 pages), 14 sources, MLA, $ 78.95
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Abstract
This paper explains that an extremely aggressive medical care system has created a cost prohibitive demand for heroic measures rather than a system that takes the whole of the community into account and allows the consumer preventative care and reasonable end-of-life care. The author stresses that the middle class is most significantly feeling the strangling effects of this out-of-control medical system and ethic. The paper concludes that the bottom line of this multivariate situation is that there seems to be very little real accountability. The paper includes many quotations.
From the Paper
"For example, in a logical capitalistic situation, the price to utilize a particular piece of equipment should go down as demand goes up to offset the initial cost of producing and or acquiring the product. Yet, the costs seem to continue to rise regardless of how many other people have been charged $2,000 to use the equipment costing about 50 cents per minute to run the equipment for a test period of no longer than 30 minutes in most cases, or how long the equipment has been used. Though this is a far simplified analogy, sustainability should still be at the forefront of thought on the issue of equipment and supplies."
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The Mundell-Fleming Model, 2007.
This paper explores the limitations of the Mundell-Fleming economic model.
1,029 words (approx. 4.1 pages), 4 sources, MLA, $ 36.95
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Abstract
The paper relates that in an increasingly globalized marketplace, understanding the forces at play has become more challenging than ever before. The paper examines the Mundell-Fleming model that provides analysts with a framework in which the impact of the behavior of international markets on national economies can be investigated. The paper identifies some of the limitations of the Mundell-Fleming model through a review of the peer-reviewed and scholarly literature.
Outline:
Introduction
Review and Discussion
Conclusion
From the Paper
"In an increasingly globalized marketplace, understanding the forces at play has become more challenging that ever before. Fortunately, economists have some useful tools at their disposal to help them make sense of things, with one of these being the Mundell-Fleming model. All of the models share in common the fact that they are better suited for some purposes than others, and the Mundell-Fleming model is no exception."
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Economic Miracle: Japan, 2007.
This paper discusses Japan as an enduring economic miracle in the world.
2,546 words (approx. 10.2 pages), 4 sources, MLA, $ 77.95
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Abstract
In this article, the writer looks at the revival of the Japanese economy following World War II. The writer discusses how, after Japan's surrender in WWII, it was faced with a shattered economy, but has since managed to become the second largest market economy in the world. The writer notes that this was achieved by a set of developments, which included high rates of personal savings and private-sector facilities investment, a labor force with a strong work ethic, a sufficient supply of cheap oil, innovative technology, and effective government intervention in private-sector industries.
From the Paper
"The factors that made Japan an enduring economic miracle were categorized into its government, a protected economy and external assistance. During the Meiji era, the centralized government moved into the fiscal and military side. It first improved the railways and the postal services, which, in turn, helped the shipping industry. It likewise boosted the development of rural industries. Then the Meiji government established model industries, such as textile and glass, which stimulated the industrialization process. The Liberal Democratic Party stirred private businesses until the government made it a national priority to raise the national economy. The Ministry for International Trade and Industry or MITI was a government association, which fixed production targets, future economic plans and handled all of Japan's economic problems."
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The U.S. Current Accounts Deficit, 2007.
A review of the causes of the U.S. current accounts deficit and a possible solution to the deficit.
1,060 words (approx. 4.2 pages), 7 sources, MLA, $ 37.95
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Abstract
This paper reviews and discusses the problem and causes of the U.S. current accounts deficit. According to the paper, the U.S. current account tracks the trade balance, income payments and unilateral transfers. The paper reports that the current account deficit now accounts for about seven percent of the GDP. The paper concludes with possible solutions to the problem.
Outline:
Background
The Causes of the U.S. Current Account Deficit
Risks of the U.S. Current Account Deficit
Possible Solutions for the U.S. Current Account Deficit
From the Paper
"Since 2000, however, the increase in the current account deficit has reflected mostly a decline in public sector saving because of the growing fiscal deficit and even more decline in an already low household savings rate (Rajan, 2005). Beginning in 2001, there has been larger public dis-savings in the U.S. with growing fiscal deficits caused by a weak economy, lower taxes and increased government spending, especially on the Iraq war (The United States current account deficit and world markets). And, personal savings rates in the U.S. have trended down strongly since 1991 and reached an average of only one percent in 2000 (The United States current account deficit and world markets). Personal saving rate in the U.S. are now substantially lower than the rest of the world. For example, they are 13 percent in Japan, 12 percent in Germany, and 15 percent in France. "
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Child Sponsorship, 2007.
This paper discusses why child sponsorship is an effective method for funding international community development.
2,848 words (approx. 11.4 pages), 6 sources, MLA, $ 84.95
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Abstract
In this article, the writer explains that child sponsorship is a humanitarian method of support for children in developing nations. The writer then points out that this support is not only related to financing, but also to interaction between two people belonging to different worlds. The writer notes that opponents of child sponsorship claim that it deals with issues that are not related to fundamental causes of poverty, such as AIDS and unfair trade, and that the changes promoted by child sponsorship do little for the well-being of the international community. The writer maintains that child sponsorship might have its downsides, but it is the best method to involve as many people as possible in the fight against poverty and it provides a method through which the donor is closely linked with the beneficiary of its donations, which ensures trust and cooperation from the donor.
From the Paper
"Child sponsorship is based on an emotional connection between the donor and the child. As a humanitarian act helping children seems to be one of the top priorities on the list of programs that must be supported for helping developing countries. Perhaps specifically due to the emotional connection in aiding a child, this type of sponsorship attracts a great deal of funds, funds that help the economy of developing countries."
"Although child sponsorship is directed towards a specific child and the relation between the child and the sponsor is the one that characterizes the sponsorship, such a program can benefit a whole community. Many child sponsorship programs focus on developing the facilities in a community, as it would be hard to have facilities created for a single person. These facilities benefit the community, although they are intended in providing aid to a specific child."
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Corporate Organizations, 2007.
A review and discussion regarding corporate organizations.
1,294 words (approx. 5.2 pages), 1 source, MLA, $ 43.95
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Abstract
This paper takes a look at the current state of corporate organizations and how they must change on a fundamental level in order to meet the demands of the current marketplace. The paper focuses primarily on the book, "The Future of Competition: Co-Creating Unique Value for Customers" by C.K. Parahalad and Venkat Ramaswamy. According to the paper, the authors have a solid track record for identifying the trends within corporate governance that contributes to the growing convergence of market forces.
From the Paper
"The concepts within the book is directly connected to the concepts of the changing nature of business as a result of rises within modern economic, social and political factors. The most evident of these two factors is the rise of globalization and information-technology. Globalization has resulted in an expansion of the competitive landscape, which means that companies must now fight a multi-front war within the majority of industries. Therefore, in order to compete they must devise strategies that allows them to respond to consumer bases, and flexibly address the changes within their industry. Information technology is another huge factor in current corporate culture, because it has created a more intelligent consumer class who looks to the internet to understand, connect and personalize products. As a result, companies now must use relationship management rather than direct sales as the strategy for retaining and satisfying their core consumer group. Both of these concepts are present within our textbook, which describes the needs of modern corporations as they change from being "internally facing" to "externally facing". This is a key point that is emphasized through "The Future of Competition" as well."
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Poverty, 2007.
This paper discusses the issue of poverty, concentrating on the 2007 Farm Bill policies.
2,368 words (approx. 9.5 pages), 6 sources, MLA, $ 72.95
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Abstract
In this article, the writer notes that in the past few years, international economic issues affecting world poverty, such as farm aid programs, have emerged as a growing concern among federal agencies, farmers and the common taxpayer alike. The writer points out that for the past seventy-five years, federal policy makers have taken an active role in agriculture and notes that every five to seven years, agricultural policies are evaluated and reauthorized through the federal Farm Bill. This paper analyzes the proposed 2007 Farm Bill policies from an economic standpoint related to issues involving poverty. It discusses both the arguments in favor and against the proposed public policy, and concludes with the writer's personal views and recommendations regarding the effectiveness of the Farm Bill.
Outline:
Introduction
Background of the Farm Bill Policies
Arguments in Support of the Farm Bill Policies
Arguments Against the Farm Bill Policies
Recommendations and Personal View
From the Paper
"As a result of the conflicts between poorer countries and the U.S. during failed WTO negotiations, federal agencies have analyzed the proposed changes to the 2007 Farm Bill policies. The proposed changes to the Farm Bill are predicted to be implemented late in 2007, by the WTO. Historically, the U.S. has been and continues to be, the largest food aid donor in the world. The Food Aid program was designed to remedy the problem of world poverty and hunger, as one of the public policies established in the Farm Bill. Although the Food Aid Program has helped address a number of hunger emergencies, the 2007 Farm Bill offers an opportunity to reform the much-needed Food Aid program to increase its effectiveness in addressing the public concern regarding global hunger."
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The Minimum Wage Law, 2007.
This paper explores the positions of those for and against the minimum wage policy.
2,455 words (approx. 9.8 pages), 9 sources, MLA, $ 74.95
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Abstract
The paper discusses how the policy regarding a minimum wage has evoked considerable debate in recent times between the conservatives and the liberals. The paper examines the four main arguments forwarded by the supporters and opponents of minimum wage increase. The paper is of the opinion that the minimum wage law is one of the proven tools that can help to lift a significant proportion of the population above the poverty line. The paper strongly contends that it is the duty of the government to protect the most vulnerable sections of society and prevent the unequal distribution of incomes.
Outline:
Introduction
Arguments For and Against the Minimum Wage Law
Conclusion
From the Paper
"The need for a minimum wage law was felt largely due to the plight of the low-wage workers, especially women and children, who were forced to work in appalling conditions and for ridiculously low wages in the early decades after the Industrial Revolution. Unscrupulous employers ruthlessly exploited poorer workers by paying wages that were insufficient for meeting the necessities of life. In the United States, a widespread belief in the benefits of a laissez faire economy and suspicion against governmental interference prevented the adoption of a minimum wage law for a long time. However, cruel exploitation of workers by their employers during a superficial economic boom in the 1920s created dangerous levels of economic inequality, which was further worsened by the Great Depression."
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African Development Initiatives, 2007.
This paper discusses the often disastrous development of African countries in light of the ideas of anthropologist James Ferguson.
2,686 words (approx. 10.7 pages), 10 sources, MLA, $ 80.95
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Abstract
The paper discusses the spread of globalization and the increasing disparity between the haves and the have-nots, especially in the international scale. The paper looks at the current Zambian Copperbelt area as an example. The paper discusses the assertions of James Ferguson who blames the colonists, the government and those in power for the continued suffering African countries experience as a result of development initiatives. The paper concludes that citizens of Africa must realize that through their own power, ambition and initiative they can become members of the worldwide 'developed' country fraternity.
From the Paper
"It seems as if the key word in the business world today is 'globalization', with worldwide business ventures, partnerships and conglomerations being formed on a daily basis. As these events take place, the business industry, as well as the public, is able to discern a wider disparity between the haves and the have nots. This disparity is noticeable on the local community level, as well as nationally, and can be especially noticed on the international scale, with entire countries succumbing to a 'developmental' mindset. Such a way of thinking can lead some countries to a financial position that, instead of being 'developed', can mean huge amounts of debt and an infrastructure that can often be likened to a deck of cards."
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Trade Barriers, 2007.
An analysis of the implications of removing the barriers to free trade.
1,365 words (approx. 5.5 pages), 6 sources, MLA, $ 45.95
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Abstract
This paper discusses both the visible and invisible barriers that exist to free trade. It suggests that the international mood is in favor, not simply of quota and tariff reductions, but also the elimination of less obvious barriers to free trade. The paper describes these barriers and their potential benefits and then discusses the implications of removing all barriers to trade.
From the Paper
"Of course, consumers knowing the country of origin of Toyota vehicles have done little to harm the dominance of that car over traditional American manufacturers like GM and Ford. But in some instances, if a particular nation has received bad press regarding its labor practices, mandatory labeling as an imported good might act as an additional invisible trade barrier. Also, if a nation is being subject to a particularly damaging round of international publicity regarding other aspects of its international policy, this may lead to a boycott of the nation's goods, and thus invisible tariffs can be constructed through simply the apparently innocuous policy of labeling nation's country of origin, in the supposed interest of consumer information."
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"Globalization Unplugged", 2007.
A review of the book "Globalization Unplugged: Sovereignty and the Canadian State in the Twenty-First Century" by Peter Urmetze.
2,473 words (approx. 9.9 pages), 1 source, MLA, $ 75.95
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Abstract
This paper examines how in "Globalization Unplugged: Sovereignty and the Canadian State in the Twenty-First Century", Peter Urmetzer tackles the issue of whether globalization truly detracts from a country's sovereignty. While reviewing the literature and history of globalization, he evaluates the term 'globalization' from all angles to find a better understanding of what is meant by it. The paper explains that in making his claim that globalization does not hinder the sovereignty of a nation-state, Urmetzer uses strong analysis in his arguments by approaching the issue of globalization from an unbiased perspective using both qualitative and quantitative analysis.
From the Paper
"Attempting to make sense of the perception of globalization, Urmetzer tries to define the term and its historical significance. He understands the power of the term, and the effects it is perceived to have on the nation-state, but he notes that the "empirical foundations of how it has affected Canada remain largely unexamined" (Urmetzer 2005: 3). This makes Urmetzer's work a unique piece of literature in the cluttered Americanized field of globalization. In Globalization Unplugged, Urmetzer examines the effects of globalization on Canada that can be applied to other nation-states as well. This becomes increasingly challenging, because the term 'globalization' can be used to refer to "everything and anything" (Urmetzer 2005: 4). Thus before jumping into the empirical evidence, Urmetzer wisely and effectively sets out to understand the term before jumping to conclusions as the effects of globalization on not only Canada, but other nation states as well. "
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