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Unemployment, 2006.
A discussion regarding unemployment as a constructive aspect of economic life.
1,217 words (approx. 4.9 pages), 3 sources, APA, AU$ 67.95
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Abstract
This paper reviews the idea of unemployment being a constructive aspect of economic life. According to the paper, long term, unemployment is undoubtedly considered to be a negative phenomenon, with great costs for both the directly affected persons and the economy and society as a whole. However, the paper goes on to say that short and medium term unemployment is considered to have certain economic advantages.
From the Paper
"Unemployment also encourages certain people to start their own business. Most of these people are former employees previously trapped in dead-end jobs with no future, that after being fired from their jobs found the courage and the motivation so start a business of their own. This way, many little companies are coming along quite nicely. These small companies create labor demand that is satisfied by unemployed workers, therefore diminishing the unemployment rate on a medium term."
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Economics and Housing, 2007.
An analysis of the Wall Street Journal article "Housing Market Shows Further Signs of Cooling" by J.R. Hagerty and R. Simon.
715 words (approx. 2.9 pages), 3 sources, MLA, AU$ 41.95
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Abstract
The paper looks at the Wall Street Journal article "Housing Market Shows Further Signs of Cooling" which focuses on the beginning of the decline in the housing market. The paper discusses how the article explains that there has been a change in supply as well as demand, with substantial increases in the inventory of homes available for sale. The analysis in this paper uses economic theories of consumption and supply and demand to explain housing factors described in the news article.
From the Paper
"The article mentions that there has been a slow growth in personal income. Current income is the most relevant determinant of consumption including home purchases. Inflation reduces the real current income; thus, real consumption. The article states that the housing bubble pushed up housing prices, but new factors have also come into play such as higher oil prices and higher interest rates. Higher oil prices are serving as a tax on consumers, leaving them less money to spend on other goods such as housing."
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Industry in Singapore, 2007.
A business management research report on industry in Singapore.
2,767 words (approx. 11.1 pages), 18 sources, APA, AU$ 133.95
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Abstract
This business management report assesses the impact of external and internal factors on the Singapore industry and evaluates the Singapore industry-sector response. The paper focuses on manufacturing and cites Singapore's competition in Southeast Asia. The paper lists which industries make up the manufacturing sector, and states that there is continuous growth in this area. The paper then identifies where innovation and improvement is necessary in manufacturing. Charts and tables are used to illustrate this point. The paper also highlights some of the initiatives taken in manufacturing to keep Singapore competitive, and the impact of foreign equity investment. The paper concludes by stating that the government of Singapore has made many necessary changes and transitions toward positioning the country for economic growth.
Outline:
Introduction
Singapore's Manufacturing Sector (2006)
Innovation Needed in Singapore's Manufacturing Industry
Weaknesses Identified in Singapore's Manufacturing Sector
Innovation Is 'Key' In Singapore Manufacturing Segments
Singapore - Impact of Foreign Direct Investment (FDI)
Summary
Figure 1 - Percentage of Investors with a More Positive Outlook
Figure 2 - External Trade & Manufacturing - Singapore - November 2006
Figure 3 - International Comparison: Innovating Enterprises in Manufacturing Sector (Percentage of Total Number of Enterprises)
Figure 4 - Principal Statistics of Manufacturing - Singapore
Figure 5 - Components of Foreign Equity Investment (Stock at Year-End) 2003 and 2004
Figure 6 - Components of FDI (Stock at Year-End)
Figure 7 - Percentage Share 2003 and 2004
Figure 8 - Singapore - FDI by Region
From the Paper
"The work entitled: "The Pattern of Innovation in Singapore's Manufacturing Sector" published in January 2003 reports a study of Singapore's manufacturing sector through use of the results of the first national innovation system (NIS) survey. the study reports that Singapore "has a long way to go in its development of an innovation-based economy" but that progression "has been made, with companies making visible efforts to engage in innovation activities." This is important because as stated by the report "innovation activity" has been found to be "positively related to sales volume, sales, growth, employment growth and internationalization." (Ibid) "
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"The World is Flat", 2007.
A review of the book "The World is Flat: A Brief History of the Twenty-First Century" by Thomas Friedman.
845 words (approx. 3.4 pages), 2 sources, MLA, AU$ 49.95
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Abstract
This paper examines how the award-winning New York Times columnist Thomas Friedman. in his book "The World is Flat A Brief History of the Twenty-First Century", demystifies the new world for readers, letting them understand and sense the often mystifying global scene. The paper explains that Friedman discusses how the devastation of the world happened at the dawn of the twenty-first century, examines what companies, countries, communities, and individuals value and looks at how governments and societies can, and should adapt together .
Outline:
Analysis of the Book
Conclusion
From the Paper
"Additionally, the book can be declared as a sober assessment of the hazards of the era in which everyone lives, but of course with a hope. According to the author a nation with more memories and less dreams is in problem. As an example, he reminded America was once known by the world as a nation of dream creation and realization (Zakaria, 2005). But after the politics of post 9-11 America has wiped out much of that impression. However, it is not too late to change track to reinstate the focus on dreams and on future but the decision and action should be taken now (Jones, 2005). "
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'America's Anxious Class', 2006.
A review of Robert Reich's 'America's Anxious Class'.
1,435 words (approx. 5.7 pages), 4 sources, MLA, AU$ 77.95
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Abstract
This paper takes a look at 'America's Anxious Class' by Robert Reich. According to the paper, as secretary of labor during Clinton's administration, Reich focused on the relation of the government's economic party to the nation's economic health. The paper reports that it was his opinion that the nation should develop industrial policies designed for the nation as a whole rather than interest groups. The paper goes on to talk about the struggles of the American middle class.
From the Paper
"Secondly, the job growth was very slow after the Second World War and the wages became flat. "In inflation-adjusted terms, family incomes did not rise in any single year between 2000 and 2004. Almost all groups saw either declines or flat incomes during this period, with two small exceptions: High income families and Hispanic families saw minimal income increases from 2003 to 2004. But the overall declines from 2000 and 2004 were larger for minority families and lower income earners than for their higher-earning counterparts. For instance, from 2000, the last full year of the last business cycle until 2005, the inflation-adjusted incomes of black families declined by 8.2 percent, and those of Hispanic families dropped by 4.3 percent. White families saw their inflation-adjusted earnings drop by 2.5 percent over the same period. Low income families' earnings declined by 7.5 percent compared to a decrease of 3.3 percent for middle income families. In fact, the decline after 2000 for low income families was large enough to erase almost all income gains made by low-income families from 1989 to 2000" (Middle Class in Turmoil)."
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The Time Value of Money, 2006.
A discussion regarding the time value of money (TVM).
1,141 words (approx. 4.6 pages), 4 sources, APA, AU$ 64.95
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Abstract
This paper discusses how the value of money is different from one time to another, varying based on numerous economical components and events. According to the paper, aside from the purchasing power, the value of money also refers to the investment and profit opportunities granted by the sum of money an individual possesses.
Outline:
Executive Summary
Key components of TVM
Financial Implications of TVM
From the Paper
"The present value of money represents the current amount of money possessed by an individual, whereas the future value of money represents the potential gains due to an investment of the current financial resources. In the specialized literature, in an attempt to better explain the concepts of present value of money and future time of money, numerous economists have given the following example: I give you 100 dollars. You take it to the bank. They will give you 10% interest rate per year for two years. The present value is that of 100 dollars, whereas the future value is increased 121 dollars, the initial money plus the 21 dollars interest rate from the bank. "
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Money Laundering and Terrorist Funding, 2006.
A review of the efforts of the HSBC Bank USA to prevent money laundering and terrorist funding.
7,162 words (approx. 28.6 pages), 15 sources, APA, AU$ 258.95
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Abstract
This paper discusses how, in an effort to combat the risk of criminal and terrorist activity, the federal government of the United States has charged banking institutions with protecting, monitoring, and reporting financial activity that may aid terrorists and criminals. According to the paper, the HSBC Bank USA takes this charge very seriously due to its own risk and a sense of social responsibility. This paper reviews how HSBC Bank USA strives for compliance within the legal framework set forth by the United States Patriot Act and Bank Security Act.
Table of Contents:
Executive Summary
Mission and Value Statement
Problem Statement
Chapter 1. The Risk of Money Laundering and Terrorist Funding in the Banking Industry
Chapter 2. Legal Requirements and HSBC Compliance
Chapter 3. Technology Issues
Chapter 4. HSBC Operations and Internal Management
Chapter 5. Impending Developments and Future Challenges
Hypothesis
Conclusion
From the Paper
"With payment filtering in place, false positives are an unfortunate inevitability. Coping with false positives--the blocking of transactions that are in fact legal customer activity--is a frustrating corporate matter for banks. Despite every care to prevent inconvenience to banking patrons, HSBC payment filters are likely to block payments where beneficiary names are similar to those on watch lists. This creates issues for management within HSBC, as additional personnel must be available to identify false positives and, where necessary, manually reverse payment rejections. Allocating addition funding for support staff and technology advances can aid in reducing false positives. Seeking out the best technology available and supporting industry-wide pushes for more research may also contribute to better advances and progress. "
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Oil Dependency Solutions, 2007.
A discussion of the problem of Western oil dependency on the Arab world.
1,699 words (approx. 6.8 pages), 8 sources, APA, AU$ 89.95
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Abstract
This paper describes the stalemate America faces in trying to find a solution to being dependent on oil from the Arab world. The author traces the history and background of this problem, and cites the end of the 1973 oil embargo as the reason that no serious research has continued in this field. The paper additionally shows how oil pricing is high and further outlines the causes of Western dependency on oil. Also analyzed is the connection between oil dependency, the increased energy needs of emerging nations and the environment. The author concludes with a call for more research and public awareness of the issue of oil dependency.
Outline:
Introduction and Background
Genesis, Continuation and Increasing of Problem
Attempted Solutions
Evidence for the Problems of High Oil Price
Causes
Effects
Solutions
Conclusion
Table "U.S. Retail Gasoline Prices"
From the Paper
"Solutions to the ongoing and continually-increasing problem of oil dependency could still be reached; if the political will and commitment were to truly exist (and in the opinion of this author, it currently does not). No real solution is viable without that. Oil lobbies would need to lose their grip on Washington politicians, which would even conceivably happen only if a groundswell of citizenry were to threaten to "un-elect" the career politicians supported, politically and sometimes, at least to an extent, personally (trips; favors) by various big oil interests."
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Marx and Engels Today, 2007.
This paper questions whether Karl Marx and Friedrich Engels would have been influenced by Albert Hirschman and Robert Putnam.
1,936 words (approx. 7.7 pages), 3 sources, APA, AU$ 99.95
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Abstract
This paper questions whether Marx and Engel's theories of economic and social equality would be as readily accepted today as they were in the authors' day. The writer analyzes Marx and Engel's theories, with particular emphasis on "The Communist Manifesto." This is compared and contrasted to Robert Putnam's social capital perspective. The author feels that if Marx and Engels had read Putnam's ideas they might have been inspired by some of the benefits of capitalism, possibly altering their manifesto to include certain elements of democracy. The paper also examines the ideas expressed in Albert Hirschman's "Exit, Voice, and Loyalty." The author also believes Hirschman's philosophy would have impacted Marx and Engels as well. The author concludes that if Marx and Engels had lived to see recent history, their vision of a new, just society based on economic plenty shared by all would have certainly changed.
Outline:
About the Communist Manifesto
Putnam's Notion of Social Capital
Exit, Voice, and Loyalty
Conclusion
Bibliography
From the Paper
"It makes sense that if Marx and Engels were alive in today's society, they would have much different trains of thought. Given their philosophical natures, they would likely be influenced by many of today's contemporary thought leaders, such as Albert Hirschman, author of "Exit Voice and Loyalty", and Robert Putnam, author of "Democracies in Flux". This paper aims to provide a background on the ideas of "The Communist Manifesto" and offer some insight on what Marx and Engels may have changed based on reading these two contemporary works. "
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Immigration and the Economy, 2007.
An in-depth analysis of the economic impact of legal and illegal immigrants on the United States.
4,455 words (approx. 17.8 pages), 6 sources, APA, AU$ 188.95
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Abstract
The paper examines the reasons behind immigration and who these immigrants generally are. The paper researches the costs and gains to the economy that are involved. The paper shows how in recent times the gulf between the benefits and the costs brought upon by immigration is only widening, due to the larger number of unqualified people coming into the United States. The paper also notes that intelligent, skilled individuals are not attracted so much any more by the opportunities they have in the United States. The paper suggests two possibilities for change in immigration patterns.
Outline:
Why Do People Migrate?
Who are the Immigrants?
The Economic Perspective
What are the Costs of Immigration?
Where Do They Come From?
Conclusion
From the Paper
"The main reason determining people to immigrate to the United States of America is the hope of economic gain, better living conditions for themselves and, often, the chance to help their families from home."
"A large number of immigrants form the so-called "brain drain", that is very smart and well educated individuals with a lot of potential that are either employed by large American companies or are offered academic scholarships and, then, are employed."
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Democracy and Globalization, 2007.
This paper examines criticism of Thomas Friedman's theories in "The World Is Flat."
878 words (approx. 3.5 pages), 1 source, MLA, AU$ 51.95
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Abstract
The paper discusses Thomas Friedman's "The World Is Flat" where he talks about the rise of globalization and how it is 'flattening' the world. The paper relates how critics charge that Friedman's arguments demonstrate an attitude that economic success is more important than the spread of democratic ideals. The paper considers two points that negate this criticism but then criticizes Friedman for failing to back his claims up with much more than anecdotal evidence.
From the Paper
"In Thomas Friedman's The World Is Flat, the author argues that one product of globalization is that the world is becoming "flatter." In other words, barriers to competition are coming down, making it possible for individuals, businesses, and corporations around the world to better compete with one another. This flattening, according to Friedman, has had the effect of redistributing the flow of capital and spurring development in many part of the world--most notably in China and India."
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Vietnam Economics, 2007.
An examination of the macroeconomic effects on the Vietnamese economy of foreign currency being sent into Vietnam.
1,499 words (approx. 6.0 pages), 4 sources, APA, AU$ 80.95
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Abstract
The paper examines the phenomenon of foreign currency being sent into Vietnam by Vietnamese individuals living and working in other countries. The paper analyzes the currency/foreign exchange and the production output in Vietnam and shows how the incoming foreign currency impacts almost all macroeconomic sectors, from inflation to interest rates and from consumption levels to the general trend of the economy and the GDP. The paper points out that the Vietnamese currency, however, was more or less unaffected by the practice of sending money into Vietnam.
From the Paper
"A global economic business environment means, among other things, a certain liberalization in terms of the workforce availability in the world. In other words, a more permissive approach towards workforce migration meant that this enabled people to work in different locations other than their national ones. Quite often, the trend reflects a migration from the third world and less developed countries to developed ones, as these are the types of economies that require cheaper labor in an ever more competitive business environment."
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Improving Federal Student Aid Availability, 2007.
A discussion of approaches for making higher education more affordable, with an emphasis on financial aid.
3,672 words (approx. 14.7 pages), 14 sources, APA, AU$ 164.95
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Abstract
This paper presents an extensive discussion of past and present student financial aid programs in the US. The author cites relevant literature that calls for improvement in the current system. Several specific programs and proposals are addressed. Current legislation for financial aid reform is also highlighted. In particular, the author details the differences between grants and loans, and how they affect low income families. The paper concludes that individuals and society benefit economically and socially from higher education. This ideal can materialize only if education supersedes politics.
Table of Contents:
Higher Up
Goal to Superseding Politics
The Case Today
Paramount Concerns
Results and Recommendations
The Door to Higher Education
References
From the Paper
"During the past 20 years, however, federal financial aid has veered from awarding grants. Loans, rather than grants, totaled 45% of federal student aid in 1981. Fifty-eight percent of federal aid to students was loan form during 2000. During the 1999-2000 academic year, more than one half of America's 16.5 million higher education students received some type of financial aid from federal, state, institutional, or other sources. Of this number, forty-four percent of undergraduates received grants, which averaged $3,500, while 29% of these students secured student loans, which averaged $5,100. (Camara & Kimmel, 2005, p. 45)"
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Power of Transnational Corporations, 2007.
This paper analyzes the power of transnational corporations.
847 words (approx. 3.4 pages), 2 sources, MLA, AU$ 49.95
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Abstract
In this article, the writer discusses that even the richest and most powerful nations need economic productivity and cash, so they find ways to cooperate with the interests of transnational corporations (TNCs). Fortunately, the owners and employees of these TNCs usually consider benefits to humanity as also beneficial to the company. The writer notes that many analysts consider the actual control of transnational corporations to be impossible. However, a large measure of control can be achieved by controlling the environments, (business, economic, legislative and political), within which TNCs do business. The writer concludes that problems only arise when ignorance rules or when personal greed overcomes reason.
From the Paper
"Beyond this, few states have the means to control TNCs beyond allowing or disallowing them. China has come as close as any member state, perhaps, because of its ability to apply its rules to its own corporations immediately upon making any decision. It is the nature of the absolute power of the state in certain areas. This factor has inhibited investment in China until they can establish a more constant rule of law. Corporations have gotten around this since China joined the WTO by negotiating binding agreements with the state. While there are other states with absolute power, none can approach the economic power of the PRC. That TNCs negotiate directly with the host countries without the need to go through their own government's state department or some other political power is indicative of the actual power these TNCs wield."
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Arthur Pigou, 2007.
An analysis of Arthur Pigou's contributions to microeconomics.
2,007 words (approx. 8.0 pages), 9 sources, MLA, AU$ 102.95
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Abstract
This paper discusses some of the ideas and theories proposed by Arthur Pigou and how they form the basis for various economic and finance theories in practice today. The paper specifically discusses his influence on current economic thought, policy and practice, including the analysis, and justification of government intervention in the marketplace. It also discusses his views on social costs and the detrimental effects that production can have on the environment.
From the Paper
"Pigou's influence on the development of the long-run competitive theory of the firm was discussed by Aslanbeigui (1996). This author suggested that if the period off assessment of this theory is limited to the 1930s a time in which the theory of imperfect competition was established, it may be considered that "Pigou contributed to the destruction of the perfectly competitive apparatus (p.291)". Aslanbeigui (1996) also refers to the idea that the equilibrium firm of Pigou presented economic theory with 'firm as production function'. Beyond the 1930s, as explained by Aslanbeigui (1996), firm has been quite pigouvian in nature, as it emphasizes perfect competition in a framework that has both static and partial equilibrium."
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International Trade, 2007.
An analysis of current international trade patterns and government methods used to promote and restrict trade.
857 words (approx. 3.4 pages), 3 sources, MLA, AU$ 49.95
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Abstract
This paper discusses international trade patterns and trends, specifically the relationship between trade and world output. It also discusses the methods governments use to promote and restrict international trade. The paper then discusses the consequences of the nations of the world cutting off trade with one another. It gives examples of what the repercussions would be in the United States and in Japan.
Table of Contents:
Trade and World Output
Patterns of International Trade
Cutting off all Trade
From the Paper
"Island nations would be most hard-hit by a cessation of trade however. Japan, for example, although it has one of the world's most developed agricultural sectors, is land-poor. Japan has little farmable land compared to its high population. It cannot grow enough wheat, soybeans, or other major crops to feed all its citizens and has one of the lowest rates of food self-sufficiency of all industrialized countries. ("Economy and Industry," 2006, Explore Japan) It must import a high percentage of its food from abroad, and food is already prohibitively expensive in Japan. Japan also must import a large percentage of its energy resources, and were these resources not available from abroad, its manufacturing sector would be substantially curtailed unless other methods of production using sources of power such as electricity or solar power could be deployed to fuel the industry, as Japan does not even have access to much untapped fossil fuel."
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