Economics Essays

How the World Economy Evolved from 1400 to 1800

The world began having remarkable economic developments and revolutions after 1400, with trade being the critical economic practice. Even though trade between Asia, Africa, and Europe had been going on for generations, Europeans had played a minor role before 1500. For example, rich people in China coveted East African ivory and Indian exotica and enslaved ... Read More

Pages: 4       Words: 1017

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Economic Impact of the Eurasian Economic Union on Central Asia

The Eurasian Economic Union’s financial effects on central Asia. This study’s primary goal was to determine the causal relationship between the formation of the EEU and regional economic development and diversification in Tajikistan, Kyrgyzstan, and Kazakhstan. To deal with heterogeneity and possibly endogenous national fixed effects, a special methodology based on a multi-country instrumental variables ... Read More

Pages: 25       Words: 6751

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Chinese Family Business Succession Crisis

History of Chinese Family Business The family business is an important part of Chinese economic History, and its success has always been based on transition. According to statistics, as of 2017, family business enterprises were contributing to about 60% of the country’s GDP and employing about 80% of the workforce (Flannery, 2016). The family business ... Read More

Pages: 6       Words: 1421

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Essay on Current Events

Log 1; Economic Impact of Russia – Ukraine War The conflict between Ukraine and Russia began in 2014 and has been a source of significant suffering for the people of both countries and has had a significant economic impact. The war has claimed thousands of lives, caused massive displacement, and caused extensive destruction of infrastructure. ... Read More

Pages: 6       Words: 1430

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Corporate Governance’s Effect on Financial Performance: UK Market Evidence

Abstract The influence of corporate supremacy on economic performance in the U.K. market is investigated in this study. Corporate governance parameters’ impact on the UK-listed companies’ return on equity is examined using secondary data from the London Stock Exchange to accomplish this goal. The findings demonstrate that corporate governance practices affect the U.K. companies’ return ... Read More

Pages: 13       Words: 3563

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In-House vs. Outsource Decision Tree

Abstract Decision trees depict the path taken during a decision-making process based on probabilities of uncertain events and information that allow project managers to derive the most optimal solution. Still, decision trees help decision-makers choose optimal cost-saving project solutions despite many alternatives (Simosa, 2021). A decision tree will guide the project team on whether or ... Read More

Pages: 4       Words: 1080

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Causes of the Current Housing Crisis in London and the UK

The current housing crisis in London and the UK is a multifaceted problem which has been building for years and has been exacerbated by various factors. Demand for housing has outstripped supply, resulting in a sharp rise in prices and making it increasingly difficult for people to afford a home. The availability of affordable housing ... Read More

Pages: 9       Words: 2276

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Economic Development in Latin American Countries

Inflation, as per measurement by the consumer’s price index, reflects the annual percentage of its cost to the average consumer in obtaining a basket of services and goods that may be changed at specific intervals, such as annually (Kauerauf, 2020). The formula used is Laspeyres. Brazil’s rate of inflation in 2021 was approximately 8.28%, a ... Read More

Pages: 9       Words: 2231

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Antitrust Case Analysis

Introduction Antitrust regulations are crucial to ensure fair competition in the healthcare sector and improve outcomes for patients and healthcare providers. The instance of an antitrust law infringement in the healthcare sector will be examined in this essay, as well as how it affected the law and the power brokers and raised issues for healthcare ... Read More

Pages: 4       Words: 967

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Airbnb’s Effects on the United Kingdom’s Economy

Over the decades, the hospitality industry has transformed immensely to conform to the rapid economic trends experienced globally. In the United Kingdom (UK), its footprint in the country’s gross domestic product is felt. Before the emergence of the coronavirus pandemic, businesses such as cafes, food service outlets, restaurants, hotels, and other accommodation establishments generated approximately ... Read More

Pages: 5       Words: 1129

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Georgia: Hollywood of the South

The state of Georgia has been known as “the Hollywood of the South” thanks to the state’s film incentive scheme. As a means of stimulating economic development, state governments offer film incentives in the hopes of recruiting productions that will bring in new revenue streams, create new employment opportunities, and lay the groundwork for a ... Read More

Pages: 4       Words: 1072

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Failure of the American Dream in National Economic Collapse

Introduction Since the country’s establishment, the American Dream—the conviction that anybody, regardless of background, may achieve success and prosperity through labor—has been a pillar of American culture. The nation’s economic downfall has tested the American Dream since the Great Recession of 2008. The potential of realizing the American Dream has become more remote for many ... Read More

Pages: 8       Words: 1994

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Samsung Company Review

Introduction Samsung is one of the leading global producers of electronic devices. Lee Byung-Chull founded the company as a grocery trading store in 1938 in Korea. At that time, the company majored in selling noodles and other goods produced in various parts of its city of origin and would later export them to different parts ... Read More

Pages: 7       Words: 1913

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Foreign Direct Investment

Abstract With the globalization of the world’s economy, every nation appears to be following a clear trend of making direct investments in foreign entities. People must pay attention to the economic differences and foreign direct investment (FDI) differences between different regions while paying attention to the growth of the overall national economic aggregate and considering ... Read More

Pages: 13       Words: 3427

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Consumer Sentiment Versus Consumer Spending

Consumer spending is highly affected by changes in economic conditions, which impacts future expectations. Changes in the customer sentiment indices show the alteration in the expectations of future economic status, which consequently affects consumption. For instance, Hall (1993) and Blanchard (1993) claimed that the 1990-1991 recession in America was caused by the reduced consumption predicted ... Read More

Pages: 6       Words: 1472

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