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Microeconomic Analysis, 2006.
A look at why government must set a minimum wage and provide worker benefits and a safety net for the upturns and down turns of the business cycle in Wal-Mart's America.
1,136 words (approx. 4.5 pages), 2 sources, MLA, $ 39.95
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Abstract
This paper takes a look at the impact that Wal-Mart has had on the business cycle of America. According to the paper, the need for a social safety net, and for the government to use legislation to cushion the shocks of the business cycle is particularly evident in the unprecedented influence of the retailing giant Wal-Mart upon the health of the American economy.
From the Paper
"Who pays for the indigent's medical care? Why, the same taxpayers who glory in saving a few cents by shopping at Wal-Mart. This is testimony to the many hidden costs, both financial and social, that consumers do not or cannot take into consideration when deciding where to buy their goods and services, hence the need for legislation mandating a minimum wage and minimum benefits. It is also testimony to the danger of allowing workers to work for too little--and also the absence of the free marketplace producing incentives for companies the size of Wal-Mart to provide affordable insurance for its workers. Small businesses often do not have the resources to provide worker insurance, Wal-Mart has the resources but lacks the incentives--yet another reason the federal government must step in and require businesses to provide adequate wages and benefits."
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Unemployment, 2006.
A discussion regarding the impact of unemployment.
980 words (approx. 3.9 pages), 2 sources, MLA, $ 34.95
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Abstract
This paper takes a look at the issue of unemployment. According to the paper, the rate of unemployment has an effect on various other aspects of the economy including the gross domestic product, inflation and the financial markets.
From the Paper
"The rate of unemployment also has a substantial relationship with the gross domestic product. Because people are anticipated to spend less money on goods in the near future, businesses will start to produce less goods to keep supply in line with the sagging demand. When business output remains stagnant or decreases, the need for additional workers also decreases. Therefore, if consumers move into more of a saving mode than a spending mode as anticipated, the rate of unemployment will not improve and could even begin to increase as the need for new workers is directly dependent on the rate of production needed to satisfy demand in the product market. "
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Africa, 2006.
Discusses the problems facing Africa, described by the paper as the world's forgotten stepchild.
2,484 words (approx. 9.9 pages), 7 sources, MLA, $ 75.95
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Abstract
This paper presents a detailed examination of Africa and its issues with a focus on why the world seems to ignore many of its needs for assistance. The paper explores financial and political issues that have an impact on the nation and provides insight as to why the world seems to have Africa on "ignore".
Outline:
Introduction
The Problem
Solutions
From the Paper
"The problems with improving the small business industry in Africa are cost prohibitive which is another reason the world ignores the problems of the continent. To create an environment that is conducive to small business growth in Africa the deficient public utility system will have to be improved. There is a power system there that is unpredictable at best and erratic most of the time. The continent has an unpredictable business environment because of the insecure rights to property and the contract enforcement difficulties as the laws are not yet clearly defined or enforceable. In addition there is corruption throughout the continent that prevents the ability to develop a small business sector that is professional, successful and accepted in the world. "
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International Trade & Investment, 2006.
A review of the pros and cons on international trade and investment.
1,229 words (approx. 4.9 pages), 10 sources, MLA, $ 41.95
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Abstract
This paper takes a look at the 'good news and bad news' regarding international trade and investment. The paper discusses how in today's increasingly international, interdependent world, sustaining an open trade environment for foreign investment is reported to be in the best interest of the United States, as well as other countries.
Table of Contents:
I. Introduction
Good News/Bad
II. The "Win-Win" Practice
III. Shrouds of Controversy over Foreign Investments
III. Competitive Pressure Contributes to Outsourcing
IV. Now for the Down & Up Sides
IV. Conclusion
From the Paper
"The need for quality in products is usually a point for agreement; opinions vary, however, regarding the outsourcing of U.S. jobs to other countries. In one sense, the practice is considered to be a positive component in economic movement that contributes to new beginnings and better life to numerous individuals in developing countries. Be that as it may, it is noted that in industrialized nations, many employees loose their jobs and that replacement jobs are not readily available. Barrea (2004) states, "It makes sense for the U.S. to use its scarce natural and human resources to manufacture airplanes, high-end computer chips and advanced software -- products that command better prices than do less complex things like shoes or textiles." Barrea questions the wisdom of manufacturing products that can be purchased from other countries at lower costs and suggests it would prove more beneficial for each country to specialize in their field of expertise and/or what they are able to produce most economically. "
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Globalization and Communication, 2007.
This paper explores the extent that globalization contributes to the shaping of communication systems in different areas of the world.
2,275 words (approx. 9.1 pages), 14 sources, MLA, $ 70.95
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Abstract
The paper discusses the many contending theories in the debate surrounding globalization. The study focuses on the relationship between communications, cultural accessibility and globalization. Throughout the paper, attention is drawn to the fact that the various elements of globalization, such as culture, politics and economics are inextricably intertwined and that any analysis of one aspect must include references to the others. The paper concludes that despite the positive aspects that globalization brings, there is a growing sense of discontent with globalization from many quarters.
Outline:
Introduction
Theoretical Perspectives
The Realities of Globalization and Communication
Conclusion
From the Paper
"The concept and meaning of globalization is in itself a source of contention in term of its definition. "What does "globalization" mean? As a term and concept, "globalization" lacks concise, universal interpretation because it is too complex a concept for clean-cut assessment. " (Muraoka K.T.) Part of the reason for this situation is that the term has been used to express different meanings in different contexts. The term 'globalization 'is used in a monetary context to refer to, "...the efforts of the International Monetary Fund (IMF), the World Bank and others to create a global free market for goods and services.""
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South Asian Economics, 2006.
A review of the "spatial poverty trap".
3,079 words (approx. 12.3 pages), 1 source, MLA, $ 90.95
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Abstract
This paper discusses the concept of a "spatial poverty trap", identified by Angue Deaton and Jean Dreze. According to this paper, this refers to the tendency of poverty to concentrate in certain geographical locations within countries. This paper examines the most important contributing factors to this phenomenon.
From the Paper
"Furthermore the authors mention the issue of overall living standards improvement as a factor that hides specific instances of poverty. While government relief subsidies are offered for relocation programs in cases of radical economic change such as the move from traditional to commercial farming, these are hardly enough to cover the expenses of a family losing an entire livelihood. Such livelihoods are for example specifically lost by families who have been involved in traditional economic ventures such as fishing for centuries. These industries are replaced by commercial shrimp farms, for example. Government subsidies hide the empoverished nature of traditional communities whose livelihood is removed from their immediate environment. Subsidies then hide the problem while exacerbating it instead of relieving it in a targeted fashion like an improved or new policy might have done."
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"The New Nature of Nation-State Failure", 2006.
A critique and review of Robert I. Rotberg's "The New Nature of a Nation-State Failure".
2,811 words (approx. 11.2 pages), 3 sources, APA, $ 83.95
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Abstract
This paper analyzes "The New Nature of Nation-State Failure" by Robert I. Rotberg. According to the paper, Rotberg offers the reader a close and intimate view of what actually occurs and what the citizens undergo as the nation-state's failure plays out according to the lines written by a ruling elite class of powerful governing classes that have essentially taken over the country in a patriarchal and despotic rule.
Outline:
Introduction
Summary
Strengths and Weaknesses
Improvements
Conclusions
From the Paper
"Rotberg moves on to the subject of prevention of such state failure call it much easier than a revival once having failed or collapsed in a destructive manner. Long and expensive are the call words that Rotberg assigns to revival of a country after such as state of failure and collapse has been reached. Creation of security, administrative structure, a bureaucracy and location of funds are the steps taken in the first effort of revival of a collapsed state along with establishment of a legal code and system, training of court officials and opening of courtrooms, restarting of schools, rebuilding and refurbishing of hospitals, building of roads, gathering of demographical statistics. Although Rotberg states that elections are not first priority but constitutions and elections to encourage democracy are very important. It is more important according to Rotberg that strength is given to nation states prior to failure as it is much easier to attempt revival from this point instead of after failure and collapse. He cites 'outside support' as being 'conditional on monetary and fiscal streamlining' with 'renewed attention to good governance, with reforms of land tenure systems and strict adherence to the rule of law" taking place. Nothing that endures can be accomplished in a short period of time. It is very important that failure of many of these states is prevented but it is also costly. These places ethnic cleansing and famines result in the newly failed states with terrorist groups taking hold. "
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Economic Impact of the War in Iraq, 2007.
This paper analyzes the economic impact on the United States of the war in Iraq.
920 words (approx. 3.7 pages), 3 sources, MLA, $ 32.95
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Abstract
In this article, the writer notes that as the war in Iraq continues, determining the effect of the war on the United States economy is somewhat difficult. In addition, the writer points out that there are several complicating factors, such as the war in Afghanistan, domestic unease with the President that is not solely linked to war-time issues and the fact that the U.S. is still struggling to recover financially and emotionally from a devastating terrorist attack, which make it difficult to isolate the war's impact on the economy. However, while long-term economic consequences cannot yet be determined, there are many short-term economic consequences that appear linked to the Iraq war. The writer concludes that the only real question left unresolved is whether an eventual total victory for the United States in Iraq would place the U.S. in the position to recoup some of the economic losses it incurred during the war.
From the Paper
"Furthermore, Byczkowski pointed to some significant differences between the war in Iraq and previous wars that might keep Iraq from having a stimulating effect on the American economy. First, he pointed out that military spending was much higher in previous wars than in the Iraq war. Therefore, the full employment enjoyed during World War I, World War II, the Korean war, and the Vietnam War, would probably not be duplicated unless the Federal government was willing to commit the same percentage of resources to wartime spending. Instead, as of 2003, many economists believed that it would be better to compare the economic effect of the war in Iraq to the experience of the Gulf War of 1990, which led to a temporary increase in oil prices and a temporary decrease in consumer spending. However, there are significant differences between the Gulf War and the war in Iraq, primarily in duration and chances of success, which make this comparison dubious, at best."
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Poverty Level and Minimum Wage, 2006.
A look at the poverty levels in the USA.
1,349 words (approx. 5.4 pages), 4 sources, MLA, $ 45.95
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Abstract
This paper reviews a recent population survey by the US Census Bureau saying that America's poor have significantly risen to 37 million, 13 million of whom are children. According to the paper, records show that child poverty in America is significantly higher than that in other major Western countries. With a 12.7% population increase rate, 7 million additional poor will burden the economy and country.
From the Paper
"According to the 2005 population survey conducted by the US Census Bureau, the number of Americans living in poverty has substantially risen to 37 million in recent years or almost one in every eight persons (Office of Social Justice St. Paul and Minneapolis 2006). The 12.7% population increase meant an additional 7 million Americans falling into poverty since 2000. Of these figures, 13 million were children living in poverty in 2004 at a rate of 17.8%, which was significantly higher than that of population as a whole. Child poverty has also been twice or thrice higher than that in most other major Western industrialized countries where 2,019 American babies are born in poverty. Current statistics say that one in five children is poor in his or her first three years of life, the time when brain development is greatest. Furthermore, each child is born without health insurance every minute. And according to the National Center for Children in Poverty, the poverty rate for children is significantly higher by approximately 50% than for other age groups (OSJSPM)."
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What I Learned From Gwartney and Stroup, 2006.
A review of the book 'What Everyone Should Know About Economics and Prosperity' by James D. Gwartney and Richard L. Stroup.
700 words (approx. 2.8 pages), 1 source, MLA, $ 24.95
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Abstract
This paper takes a look at the principles discussed by Gwartney and Stroup in their book, 'What Everyone Should Know About Economics and Prosperity'. According to the paper, the book could really be called 'What Everyone Already Knows About Economics and Prosperity'. The paper concludes by saying that even if the book does not encompass every possible objection to the author's theories, it shows how capitalism should work.
From the Paper
"Overall, the authors take a very positive view of the potential of the free market to distribute goods and services to the population and use what seems like a common-sense justification to argue against government intervention in most sectors of the economy. They believe that the government has a role in creating a safe and level playing field in a competitive marketplace and supplying certain public utilities. But beyond such basic functions, the personal incentive for profit makes private organizations more effective than a non-competitive state of affairs, as exists within government. The government has no major competitors, so it has no incentive to be efficient. But private organizations are in a competitive fight for economic survival, profit and a share of the marketplace."
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Is China a Threat to the U.S. Economy?, 2007.
This paper analyzes whether the growing Chinese economy is a threat to the United States.
1,481 words (approx. 5.9 pages), 4 sources, MLA, $ 48.95
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Abstract
The paper discusses how many people feel threatened by the rapid growth of China's economy. Some are concerned that China's large population of low-cost workers will eventually damage the United States' economy. Many worry that China's inexpensive goods will cause trade problems. Despite these concerns, the paper notes that China's growing and evolving market actually presents opportunities for the U.S. economy. The paper explains that China's rapid economic growth has helped improve the world's economy and the U.S. is strong enough to compete with the Chinese companies. The paper adds that Americans stand to benefit by learning from current Chinese values: a hardworking attitude, entrepreneurship, ambition and problem-solving abilities.
From the Paper
"China's fast economic growth, foreign direct investment, and large share in foreign trade markets confirm that China is indeed a rising economic power (Lardy, 2002). For this reason, many Americans are quick to blame China for a loss of jobs in the U.S. and for the increasing bilateral trade deficit that the United States has with China. However, it is also important to consider China as the fastest-growing large U.S. export market and see the opportunities rather than just the threats."
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Monopoly Market, 2006.
A discussion regarding the different types of business monopolies.
750 words (approx. 3.0 pages), 4 sources, MLA, $ 26.95
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Abstract
This paper takes a look at companies that monopolize a market. The paper uses the examples of Microsoft and Bell System telecommunications provider. The paper concludes with the opinion that a pure monopoly market is more advantageous to business interests than one of pure competition, oligopoly or monopolistic competition.
From the Paper
"A pure monopoly, one in which a single entity is the only producer of a product or provider of a service, allows that provider to set most, if not all, boundaries on their products (Boardman and Vining 1989). Regulations concerning all aspects of the production or provision of that product are difficult to establish from outside of the industry, which consists of only the one firm, pricing is completely at the discretion of the firm, and aspects of marketing and management have no other standard of comparison from other firms. Monopolistic competition exists in some industries; this type of situation is defined as one in which one firm dominates the industry so completely as to behave similar to a monopoly. A recent example of this is the antitrust actions taken against software giant Microsoft; although there were no legal barriers to competition in that field, Microsoft's dominance was so pervasive as to construct other barriers to the entry of new firms (Cusumano and Selby 1995)."
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Comparative Economic Systems, 2007.
A discussion regarding capitalism versus communism.
906 words (approx. 3.6 pages), 3 sources, MLA, $ 32.95
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Abstract
This paper reviews, discusses and compares the two main economic systems existing in the world today, capitalism and communism. The paper discusses the USA as an example of the capitalist system and China as an example of the communist system.
Outline:
Capitalistic: US Economy
Communist : Chinese Economy
Conclusion
From the Paper
"Also there are more corporate crimes in the US economy these days and are growing with time as these corporate become more powerful and integrated in the political system (Saugstad, 2001). In times of economic crises corporate crimes are committed in order to escape government regulations, taxes, to push out the competitors and to take charge of markets, to get hold of low cost, quicker labor, and to get the right to use raw materials. Also there is more embezzlement in this economy as managers and professionals try to find their way towards achieving middle class status and to maintain it in the face of such problems like divorce, competition, economic slumps and other fiscal problems which includes a status dread which builds up before the retirement period, since in a capitalist scheme, everyone has to look after their own future."
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What is Wrong with Gasoline Prices?, 2006.
An in-depth research proposal regarding the price of gas prices and foreign policy.
6,041 words (approx. 24.2 pages), 21 sources, APA, $ 143.95
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Abstract
This paper takes a look at the price of gasoline and how we need to increase gasoline prices to prevent all our national policies from being determined by our thirst for oil. According to the paper, US foreign policy has become a hostage to ensuring adequate supplies of imported oil.
Outline:
Context of the Problem
Statement of the Problem
Research and Review of the Problem
Crude Oil Prices and its Impact on Gasoline Prices
Political Impact of Higher Energy Prices
Objective of Study: To Advocate Higher Gasoline Prices Potential Benefits of Higher Energy Prices
Environmental Impact
Global Warming
Significance of the Study
Research Design & Methodology
Discussion
From the Paper
"The carbon dioxide produced by motor gasoline in 2003 was equivalent to 311 million metric tons of carbon [Bureau of Transportation Statistics, 2005]. If we could achieve even 10% improvement in energy efficiency through use of lighter cars, it would save million of tons of oil and also reduce the carbon emission by 30 million tons. The 10% target is not just possible it is very realistic and even now a family car is about 25% more fuel efficient than a light truck (a term also applied to SUVs). The federal corporate average fuel economy (CAFE) standards set the fuel economy goals for new passenger cars at 27.5 miles per gallon (mpg). The regulations do not classify SUVs as cars but as light trucks. The light trucks only have to achieve 20.7 mpg. Even this is taken as an average of all light trucks and some SUVs operate at 12 mpg and can remain on the road legally. Some SUVs like Ford Excursions don't even qualify as light trucks and are not subject to CAFE standard."
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Monetary Policy of the Federal Reserve, 2006.
An analysis of the Federal Reserve's monetary policy.
1,239 words (approx. 5.0 pages), 3 sources, APA, $ 42.95
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Abstract
This paper assesses the current state of the U.S. economy. The paper takes a look at the major current concerns of the Federal Reserve, such as inflation and recession. The paper then assesses the stated direction of recent monetary policy and the policy actions taken by the Federal Reserve to conform to the direction. The paper concludes with recommendations on how the Federal Reserve can manage the economy better.
Outline:
Current State of the US Economy
Areas of Concern
Stated Direction of Fed's Recent Monetary Policy
Recommendations on How the Federal Reserve can Manage the Economy Better
From the Paper
"The new Chairman of the Federal Reserve intends to continue the policy direction of his predecessor, Alan Greenspan. ("Testimony of the Chairman...," February 15, 2006) From early 2001 to June 2004, the Fed had pursued a highly "accommodative" monetary policy in which the interest rates were constantly lowered to increase the money supply and ward off the threat of recession. From mid-June 2004 onward, the Fed started to raise the interest rates to reduce the chances of inflation and to stabilize the prices. Achieving long-term price stability continues to be the number one stated direction of the Federal Reserve's monetary policy. It intends to achieve such stability by keeping the long-term inflation rates low by keeping a close eye on the economic and financial indicators. Currently, the Fed believes that the long-term expectations of inflation are that it would remain low. Hence, the Federal Reserve intends to keep the interest rates at the current level in the short-term and to increase them slightly in case of further inflation pressures triggered by higher fuel prices."
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