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The Oil Industry, 2008.
An analysis of the history of oil production and the impact of the oil industry on the international economy.
3,837 words (approx. 15.3 pages), 13 sources, MLA, $ 105.95
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Abstract
This paper discusses the oil industry and how it affects international relations and the international economy. It also discusses the history and background of oil use and production. In addition, the paper discusses the impact of oil production, as well as other economic factors relating to the industry. The paper then discusses current and future challenges to the oil industry.
Table of Contents:
The Oil Industry: Background And History
Key Issues That Are Related To International Economy
The Oil Industry's Impact On The International Economy
Future Challenges For The Industry
Conclusion
From the Paper
"A significant aspect is the way that oil impacts on the economic relationship between countries. An increase in the price of oil can alter the balance of trade between counties and also affects exchange rates. This refers to the scenario in which the oil-importing countries experience a decline in their balance of payments. This exerts a negative pressure on exchange rates and results in the increase in the price of imports and a reduction in the value of exports. This in turn leads to a decline in the national income of that country. All of these facets have a long-term impact on the economy of countries. "The economic and energy policy response to a combination of higher inflation, higher unemployment, lower exchange rates and lower real output also affects the overall impact on the economy over the longer term" (Analysis of the Impact of High Oil Prices on the Global Economy)"
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The Rise of China, 2008.
An analysis of the economic rise of China and the impact is has had on economic globalization.
1,459 words (approx. 5.8 pages), 8 sources, APA, $ 48.95
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Abstract
This paper analyzes the impact that the rise of China has had on the process of economic globalization. It first discusses the current situation of the Chinese economy and then looks at the reactions other international actors, such as the US and the European Union have had to the economic boom of China. Lastly, the paper discusses the implications and prospects China's evolution would have for the international scene.
From the Paper
"The future evolution of the Chinese model of development in the context of the globalized economy is however hard to ascertain. It depends on various factors. On the one hand, the political dimension plays an essential part, taking into account the planned economic system present in China and the central role communist politics, despite its slightly reformed nature, has on the decisions taken in relation to the economic practices. Secondly, there is the matter of the oversaturation of the markets, both internal and international ones. The internal market benefits from 1.3 billion consumers who are rather committed to their indigenous production. However, if Chinese markets do open to foreign trade, as stipulated in the WTO guidelines China should obey, the population may change its choice and prefer Western goods as well. The international markets in their turn do not have the purchase power to draw the immense production of the Chinese labor force, and to some degree, may even refuse to do so, taking into account the inferior quality of some of the Chinese products. Finally, a matter worth considering is the issue of the supply of energy and other natural resources which China is dependent on. Seeing the recent oil crises and the decisions taken at the highest levels to limit energy supplies, the means through which China will be able to procure energy will be of considerable importance in its future economic evolution."
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Approaches to Innovation, 2008.
A discussion of the new role of the government in innovation.
1,092 words (approx. 4.4 pages), 4 sources, APA, $ 38.95
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Abstract
This paper discusses the fact that since the end of the 20th century showed no direct relationship between scientific advance and economic growth the new global trend in innovation is towards a wider role for government policy that can address many aspects and types of innovation. Innovation is now seen as a systemic process embedded in national social and institutional traditions. The writer examines the characteristics of the policy change and how the institutions of various countries have absorbed the new ideal, the forces that have facilitated change, and how policy diffusion occurs.
From the Paper
"Innovation policies have several different factors that influence creation and use of knowledge, but their primary focus is to expand the learning abilities of companies and individuals, and promote a national environment supporting innovation. Most innovation policies focus on developing a close cooperation between the individuals involved in innovation, companies and the scientific community, creating intermediary organizations to link together, and improve the availability of their capital. The new 'innovation policies' differ between countries because the National Systems of Innovation (NSI) approach to innovation is not a unified, formal or an established theory."
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The Impact of Terrorism, 2008.
This paper explores the economic consequences of a terror attack in general and of 9/11 in particular.
4,208 words (approx. 16.8 pages), 17 sources, APA, $ 112.95
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Abstract
The paper explains that the economic results of terrorism can be broken down into short-term direct effects; medium-term confidence consequences and longer-term productivity impacts. The paper reveals that the impact of 9/11 was not as considerable as would have been expected, but emphasizes that industries and organizations must implement measures to prepare for another such attack. The paper asserts that it is not a question 'if' there will be another attack, it is a question of 'when'.
From the Paper
"When a terrorism attack hits a country, such as September 11, 2001, naturally the citizens of that nation are most affected. They are the ones who are immediately impacted by the injuries and deaths of peers, friends and loved ones, the shut down of production and services, and the psychological and physical long-term effects. However, such an attack also impacts the rest of the world economically, either through the way that the national organizations have difficulty fulfilling their international obligations or the way that other countries perceive that they, too, are being threatened by these same terrorists."
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Islamic Finance, 2008.
This paper describes Islamic financing law and how it differs from regular Western financing law.
3,265 words (approx. 13.1 pages), 12 sources, APA, $ 93.95
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Abstract
This paper explains that the bedrock of Islamic finance is that all forms of interest are considered forbidden known as haram and its financial model works on the basis of risk sharing. The paper further explains that, under Islamic banking, the customer and the bank agree to share the risk of any investment and divide the profits between them. The paper then describes the primary categories within the Islamic finance: ijara, ijaa-va-iqtina, mudraba, murabaha and mushraka. The paper also explains how Islamic finance differs from regular finance and explains how Islamic finance works.
Table of Contents:
What is Islamic Finance
How Is Islamic Finance Different from Regular Finance and Why
How Does Islamic Finance Work: The Types Of Investments Available And How They Work
Working Principles of Islamic Finance
Types of Investment Available and How They Work
Institutions Offering Islamic Finance Products
International Wholesale Islamic Banking and Insurance Providers
Exhibit: Islamic Financing Form
Exhibit: Name of the Institution
From the Paper
"It is a fact that finance is considered as a huge restraint on development in major regions of the Third World. Sometimes there is lack of sufficient money available to fund important projects and the price of loanable funds is normally high, showing the paucity of savings. In low-income economies, it is hardly a surprise that savings rates are small, as most disposable income is needed to be used for making purchases of necessities of daily living, and a lot of families just cannot bear to make financial provisioning for the future, although this makes them insecure and helpless."
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China's Economic Boom, 2008.
This paper examines whether China's growing economy is sustainable.
2,061 words (approx. 8.2 pages), 4 sources, APA, $ 65.95
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Abstract
The paper explores whether China's impressive growth over the last 20 years can be expected to continue in the next 20 years. The paper examines the business environment in China as the main attractor of foreign investments, as well as important macroeconomic malfunctions and potential problems that may come up. The paper concludes that while this rate of growth is likely to continue to grow, it is less likely to be able to grow at a similar speed. The paper adds that the Chinese government will need to take measures to consolidate the country's growth, especially in controlling inflation and in committing to reducing class discrepancies.
From the Paper
"Since the beginning of the 1980s, with Deng Xiaoping's reforms that reduced state participation in the economy, encouraging private initiative and the development of private businesses, the Chinese economy has grown at staggering annual rates, often reaching 10 % GDP growth annually. While at the beginning this could have been justifiable with the low GDP that China was starting from, as a consequence of the Communist experiments that took place under Mao (The Great Leap Forward and the Cultural Revolution), the growth rates in the last years have remained unchanged. This shows more of an economy basing its growth of solid instruments and policies rather than just a one time wonder."
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The Indian Economy, 2008.
This paper examines India as an expansion target for an American company.
1,998 words (approx. 8.0 pages), 5 sources, APA, $ 63.95
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Abstract
The paper discusses the economic system and the socio-cultural environment in India. The paper describes India as a new force in the international market, that when the commercial and financial markets will be fully liberalized, both the Indian people and international investors will benefit. The paper looks at the national currency of India, inflation and the evolution of the exchange rate values for the Indian Rupee and the American Dollar.
Outline:
Indian Economic System
Socio-cultural Environment
Regional Economic Integration
Foreign Exchange Market
From the Paper
"Besides the fact that it has the second largest population in the world, above the critical figure of 1 billion inhabitants, India is known at the global level, for the fact that its economy is booming. The economic growth rate reached the value of 9.4 %, right after the most fast growing economy of the world - China. However much is to be done in the direction of economic development since the major international organisations offer India the title of 'underdeveloped country' This unfortunate denomination is attributed to the enhanced level of poverty and lack of economic equalitarian distribution of incomes and revenues."
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David Hume, 2008.
An overview of the views and writings of David Hume.
1,831 words (approx. 7.3 pages), 6 sources, MLA, $ 58.95
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Abstract
The author of this paper describes the work of David Hume and refers to him as "probably the greatest philosopher to write in English". The paper then goes on to explain Hume's ideology as well as his interests in the social sciences including economics, politics and literature and their place in the development of mankind.
From the Paper
"Adam Smith is normally noted when discussing the beginnings of economics. However, it was his friend, David Hume, who wrote the "Political Discourses" as part of Essays and Treatises, part 2 of Essays Moral and Political, who is believed to have been a major influence. Hume is probably the greatest philosopher to write in English, and it is chiefly as a philosopher that he is read in modern times (Chappell), not only because of his enlightened ideology, but because of his interests in the social sciences including economics as well as politics and literature and their place in the development of mankind. His philosophical writings were wide and deep, especially on the balance of trade and thoughts on mercantilism."
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A Global Environment, 2008.
This paper discusses how we are creating and living in a world without borders.
751 words (approx. 3.0 pages), 1 source, MLA, $ 26.95
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Abstract
The paper discusses how the environment became a global concern at the end of the 20th century. The paper also discusses the newfound ability to interact with people instantaneously around the world using the Internet relay chat (IRC). The paper then discusses a change from the end of the century that is not positive, namely the fact that progress in eliminating hunger is slow. The paper quotes the report "Are we Really Reducing Poverty?" by Vandemoortele that argues that global poverty figures under-estimate global poverty and over-estimate poverty reduction. The paper concludes that the major implication of today's global world is that people of all backgrounds and cultures are going to have to get along with each other.
From the Paper
"As the last century ended, the world continued at a faster and faster pace with changes occurring rapidly and regularly. It was just an indication of what would be happening in the next decades. Many of the major changes that took place at that time dealt with the new concept of "A World Without Borders," where countries everywhere were being impacted by similar issues and challenge and communication and transportation allowed people to quickly move interact with others on the other side of the globe."
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The U.S., Outsourcing and International Trade, 2008.
This paper discusses international trade, outsourcing and the effects of outsourcing on domestic jobs.
3,838 words (approx. 15.4 pages), 15 sources, APA, $ 105.95
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Abstract
The paper looks at research that shows how the vast majority of job losses do not involve the foreign relocation of work at all. The paper addresses the positive effects of outsourcing, including the creation of additional domestic jobs and its benefits to international trade. The paper provides a case study analysis regarding outsourcing in India and concludes that outsourcing is likely to be a good thing for the U.S. economy and for international trade.
Outline:
Introduction
Reasons for Outsourcing
Actual Rate of Job Loss Attributable to Outsourcing
Positive Domestic Effects of Outsourcing
Benefits to International Trade
Outsourcing Case Study in India
Conclusion
From the Paper
"In the past few years the United States economy has emerged as a growing economy, dramatically and irreversibly impacting the global market. One of the most significant impacts of this growing economy lies in the area of outsourcing to foreign countries. The United States government and large corporations view outsourcing as a method of enabling international trade to prosper and allowing industries to grow. This economy has an international impact in regard to the recent trend in outsourcing and off-shoring; many domestic headquartered companies are now turning to outsourcing manufacturing and production to drive down costs."
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Global Trade and Self-Interest, 2008.
This paper discusses the collapse of the world trade negotiations between developed and developing countries.
1,881 words (approx. 7.5 pages), 4 sources, MLA, $ 60.95
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Abstract
The paper attributes the failure of the world trade negotiations to the conflict of interest between developed and developing countries. The paper explains that while developed countries tend to focus on their profit margins rather than the reduction of worldwide poverty, developing countries have their own industrial upliftment in mind. The paper explains why it is much more sustainable and beneficial for all involved to uplift poor countries towards the international marketplace instead of offering financial aid. The paper contends that if delegates from the developed world can remove their mental barriers, they can perhaps also remove the trade and subsidy barriers that are currently keeping poor countries from alleviating their economic crises on a permanent, long-term scale.
From the Paper
"There are a variety of elements that play a role in World Trade negotiations. The fact that many different countries from both the developed and developing world are involved in these negotiations tend to complicate the issues. Indeed, each country has different interests and focal points in mind when negotiating. Developed countries for example tend to focus on their profit margins rather than the reduction of worldwide poverty, while developing countries have their own industrial upliftment in mind. This is the core of the reasons for the latest failures in Global Trade negotiations."
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Union Membership, 2008.
This paper explores the factors affecting the decline in union membership in the US.
1,443 words (approx. 5.8 pages), 4 sources, MLA, $ 47.95
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Abstract
The paper discusses how globalization, outsourcing, management efforts to depress wages and the loss of entire industries to off-shore operations make jobs less secure and union membership less attractive. The paper then looks at how Wal-Mart actively seeks to prevent the formation of unions. The paper focuses on the issue of foreign outsourcing as a key factor in declining levels of union membership in the US.
From the Paper
"In the United States, union membership has been declining for some time, with more open shops and with the employees of a number of companies voting not to form a union when asked. The decline was stopped for a time, but it then increased as the result of a number of factors, including the effects of globalization, decisions not to unionize in some shops where there are no clear disagreements between management and employees, damage done in some industries by strike activity, and a newly developing economy in which more people serve as consultants in some industries and do not have direct and permanent employment."
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Economic Strategies in the Middle East, 2008.
An analysis of the economic systems developed within Israel, Qatar, Kuwait, Dubai and Saudi Arabia.
4,562 words (approx. 18.2 pages), 21 sources, APA, $ 118.95
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Abstract
The paper analyzes the drivers of economic growth in Israel, Qatar, Dubai, Saudi Arabia and Kuwait and analyzes these strategies according to a set of indicators which indicate the future trajectory of these countries' growth rates and the sources for this economic growth. The paper argues that disparities in income between these countries and future prospects for growth depend more on human capital development, protection of private property and individual rights and development of appropriate infrastructure than the amount of natural wealth they have developed. The paper concludes that these countries will continue to enjoy significant growth rates excluding Saudi Arabia, that will continue to struggle despite high demand and high prices for its primary extractive resources.
Outline:
Abstract
Introduction
Review of Literature
Literacy Men and Women
Unemployment Rate
Investment
GDP per Capita (PPP)
Demographic Factors
Economic Policies: Measuring the Factors for Growth
Saudi Arabia: Cautionary Example
Measurements of Growth
Conclusion
From the Paper
"There is a good deal more literature about war and peace in the Middle East than there is about their economic underpinnings. The governments of Dubai and Israel have a fairly sophisticated government statistical service, which reports a good deal of financial information. This is not as true in the other three countries, perhaps as an offshoot of their focus on extractive industries, and partially due to the small size of those countries.
"A good place to start is with the fundamental economic and demographic statistics for each country. The Economist and the World Bank publish yearly updates on key measurements in these countries. Of particular interest are three measures today: literacy levels for men and women, and GDP per head (CIA, 2007)."
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The U.S. Economy, 2008.
An analysis of the United States' economy and its future.
1,362 words (approx. 5.4 pages), 6 sources, APA, $ 45.95
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Abstract
The paper explores U.S. unemployment and wage issues, the U.S. trade deficit and the aggregate supply-aggregate demand (AS-AD) model of the current U.S. economy. The paper reveals that the current U.S. economy is experiencing an inflationary period, according to its macroeconomic indicators of a growing GDP, growing customer price indices, growing producer price indices and growing employment. The paper discusses how the expansion of U.S. fiscal policy continues to have a deep impact on domestic economic processes. The paper predicts that the economy of the US will continue to grow until the end of this year and will probably reach its peak the next year. The paper includes tables and color graphs.
Outline:
Unemployment and Wage Issues
Trade Deficit
The AS-AD Model of Current U.S. Economy
Fiscal Policies of G. Bush
From the Paper
"The United States is the country with the world's largest Gross Domestic Product, (GDP) which was estimated to be $13.22 trillion in 2006. The U. S. economic model is typical for countries with a "market economy"; it's often called a "mixed" economy, as a majority of the microeconomic decisions made by big corporations and firms in the private economic sector are also regulated by government. The current U.S. economy is considered to be one of the most stable and strongest economies, due to a high GDP with reasonably high and stable GDP growth, a low unemployment rate and high standards of living. Yet, recent geopolitical issues, high oil prices and external debt create some economic concerns. National debt, which includes interests and government deficits in the year of 2006, was nearly equal to $9 trillion (or nearly 64% of GDP)."
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The Cultural Contradictions of Capitalism, 2008.
A review of the book "The Cultural Contradictions of Capitalism" written by Daniel Bell in which he presents a picture of the present condition and possible future of Western civilization.
1,451 words (approx. 5.8 pages), 1 source, APA, $ 48.95
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Abstract
The paper states that Daniel Bell's " The Cultural Contradictions of Capitalism" was originally published to critique the dominant American assumption that capitalism promoted individualism. The paper comments that Bell instead believed that capitalism had come to promote standardization and had created corporate bureaucracies as powerful as church or state bureaucracies of the past. The paper continues by relating that Bell also believed that the counter cultural reaction to capitalism was also misguided, as capitalism had begun with the Protestant work ethic, and its spirit of individualistic austerity, puritanism, and freedom from Church institutional authority. The paper concludes that this sense of Protestant freedom and independence had slowly been eradicated, and this value was taken over by the Modernists, and then ineffectually by 'counterculture' as the anti-capitalist youth movement was still called when Bell wrote his work.
From the Paper
"The cultural contradiction of capitalism is that capitalism began as a kind of radical, austere Protestantism, with a heavy emphasis on rejecting the collective Catholic dogma of the past. Protestantism developed a new attitude towards wealth. It stressed pursuing excellence and perfect standards with relentless individualism and drive. But this rigidity made the originally radical notion of capitalism eventually become conservative in terms its morality. This evolved to create the uniform, imposed standards of large corporations and state bureaucracies, including, ironically, the Soviet bureaucracy. In response to what came to be seen as bourgeois values, the cultural beliefs of Modernism began to react against capitalist values and celebrate the function of culture as a kind of misrule, not capitalist order. Capitalistic Protestantism came to deny its original individualistic ethos, and this value of individualism was taken over by artists and anti-capitalism."
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The Letter of Credit Payment Mechanism, 2008.
This brief paper is a summary of the letter of credit payment mechanism including its usage, importance and contribution as a financial tool.
856 words (approx. 3.4 pages), 3 sources, MLA, $ 30.95
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Abstract
This study defines and describes the payment mechanism of the letter of credit, its usage and importance in international financing, as well as the contribution of this financial tool to the risk reduction in commercial and non-commercial transactions. This paper is concluded by the ending thoughts of the author regarding the above mentioned topic.
Outline:
Definition of the Term Letter of Credit
Importance in International Transactions
Letter of Credit Reduces Risk in Commercial Transactions
From the Paper
"The letter of credit is used by many commercial players in the world market, especially for the individual advantages and benefits it brings. From the seller's point of view, the letter of credit promotes certainty that all the conditions mentioned in the import-export contract are integrally observed, within the established period and the amounts stipulated in the documentation. The Seller may also offer the buyer a supplier credit, having a specific financing method: the submitted documentation is discounted under the particular export letter of credit - in this way, the payment will be made by the payer's bank soon after the date of the shipment, and not on maturity like in the usual case. In case the exporter is an intermediary among an international transaction, it can transfer the letter of credit to other subcontractors, or can cede the encashment resulted from this particular payment instrument. The importer has the certainty that the payment is realized only if the shipment of merchandise is performed only in the stipulated conditions, as these conditions must be demonstrated using the documents submitted by the exporter."
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Interest Rate Adjustments by the Federal Reserve Bank, 2008.
This paper discusses the Federal Reserve Bank decisions regarding interest rate adjustments, demonstrating the difficulty of predicting the myriad of forces affecting the US economy.
1,218 words (approx. 4.9 pages), 5 sources, MLA, $ 41.95
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Abstract
This paper contrasts the classical economic thinking with current actual economic occurrences. Classically, economics suggests the central bank of the United States, the Federal Reserve Bank, should raise the rate of interest to cool down a potentially overheated economy that may spiral into inflation, and lower the rate of interest to encourage spending amongst thrifty consumers who are saving when recession looms upon the horizon during an economic slow-down. However, the paper states that this is not the case in reality. The paper demonstrates that the Fed's own lack of confidence in its predictions highlights the difficulty of predicting the complex array of forces that affect the economy. Some examples mentioned include, consumer optimism, natural and political forces, and other areas beyond the Fed's immediate control, which must come into play when the Fed sets the rate of interest. The paper suggests that the Fed may want to be more cautious in creating monetary policy for the economy, because it can affect many lives in doing so. However, it asserts that the Fed's influence is only likely to increase rather than decrease in the future, and all consumers can do is attempt to alter their buying and borrowing habits in light of their own predictions of the Fed chairman's behavior.
From the Paper
"Today, the Fed has held the key interest rate steady at 5.25 percent for 'just over a year' and seems unlikely to raise rats in the future ('Public affects inflation,' AP Wire, 2007). But although it has defended its recent policy, the Fed admits that its decisions are never a science, and it weights the potential accuracy of forecasts in light of consumer psychology. The current chairman Ben Bernanke said this means that the Fed cannot ignore the threat of inflation anymore than it can ignore indebted consumers who are worried about the effect of high interest rates upon their monthly budget. 'If investors, consumers and businesses feel confident that the Fed will keep prices stable...they may be less inclined to act in ways that could aggravate inflation,' because 'these groups may be less inclined in such circumstances to worry that inflation will eat away at investments and paychecks, and might feel better about longer-term financial planning' ('Public affects inflation,' AP Wire, 2007). In short, consumers living off of their assets, like retirees, may be more willing to spend more freely if they feel those assets are not in jeopardy."
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US Trade Policy with China and Civil Liberties, 2008.
This paper is a detailed analysis of the literature relating to the United States trade policy with China and its affects on civil liberties within China.
3,270 words (approx. 13.1 pages), 9 sources, APA, $ 93.95
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Abstract
This work makes a thorough review of the available literature relating to U.S. trade relations and policy with China, as well as the impact that free trade has had upon human civil rights and democracy in the country of China. The paper states that one of the important outcomes of free trade in the country of China has been the reduction of poverty. This in turn, according to the paper, has lead to growing power vested in citizens of the country and less power vested in the ruling party. Furthermore, it asserts that the rapid change in China has been termed to be a 'transformation' in many primary aspects of living demonstrated in the improved economic and financial aspects in China, as well as serving to impact political aspects in the country as well. The paper concludes that the government in China does not appear to be ready to shun the economic benefits of trade liberalization even if that means making room for the effects of democratization that goes along with economic benefits.
Outline:
Introduction
Idealism versus Realism
Free Trade: U.S.and China Trade Relations
Trade Liberalization and Democratization
Creeping Democratization (Minxin, 1995)
Summary and Conclusion
From the Paper
"The work of Ying Ma relates that in spite of what the United States or even the citizens of China may desire, 'the Chinese Government has so far quashed and neutralized pressure for fundamental political change. Beijing controls and stunts precisely those instruments that contribute to the success of broad-cased domestic opposition: It cracks down on political opponents, co-opts potential ones, and indoctrinates the masses. It is eagerly attempting to maximize economic modernization while minimizing its liberalizing effects.' (Ma, 2007) Ying Ma states that there are several 'concrete steps' that might assist promotion of democracy in China. The first of these steps is that 'the United States should not wade into the quandary of slowing Chinese economic growth and cannot stop the Chinese government from institutionalization itself or co-opting its rival political groups,...' however it is possible that the U.S. can do more toward combating 'other sources of authoritarian resilience by strengthening China's political opposition and countering the regime's restriction of coordination goods that range from press freedom to the ability to organize.'"
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