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Nature of High Inflation Rate

The current debate over inflation and the economic consequences of contractionary monetary policies has been ongoing—the U.S. The Federal Reserve, as well as other major central banks, have implemented procedures to counter the high inflation rate to either achieve a hard landing (recession) or a soft landing (growth slowdown without a recession). The proponents of ... Read More
Pages: 7       Words: 1689

Key Findings on the Causes of the High Inflation Rate

The Russia-Ukraine war offers entrepreneurs, company leaders, and policymakers a new challenge regarding its economic impact. Covid-19 had already disrupted the global economy two years before the war, and economies, especially in emerging countries, were beginning to recover. With the war causing supply and price shocks, most countries having close trade ties with Russia or ... Read More
Pages: 14       Words: 3724
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Implications of Russia-Ukraine War and Inflation Trend in Mauritius

Introduction Economic performance is affected by macroeconomic factors such as inflation and unemployment. It is the role of the government to ensure that the inflation rate in the country is maintained at manageable levels. Every government will face economic growth problems and create policies that will provide consistent economic growth. Some factors will affect the ... Read More
Pages: 17       Words: 4565

Effect of Microfinance Services on the Growth of Small and Medium Enterprises (SMEs)

Microfinance services have so many effects on the enhancement of small and medium firms. The microfinance sectors, such as micro-insurance, micro-credit, and micro-savings, have significantly impacted the growth of such firms. These enterprises are crucial for the development of any economy. Microfinance services are financial services specifically designed for low-income and underserved groups. These services ... Read More
Pages: 6       Words: 1419

Decision Making Skills

Introduction Decision-making is an essential part of our lives, and we make decisions every day. As humans, we are capable of making a wide range of decisions, from simple, daily choices to more complex, tougher decisions. However, due to the complexity of real-world decision-making, the decisions we make in different areas of our lives can ... Read More
Pages: 6       Words: 1447

Withdrawal of Fuel Subsidy in Kenya on Grounds of Unsustainability

The partial elimination of fuel subsidies, which caused diesel and gasoline prices to reach an all-time high, resulted in savings for the Treasury of approximately Sh9.49 billion. The same day the newly elected president declared subsidies unsustainable, the commission eliminated the gasoline subsidy, which may have increased inflationary pressure. It reduced the reliefs on paraffin and ... Read More
Pages: 5       Words: 1335

Interest Rate and Inflation

Introduction There is widespread agreement on the fundamentals of monetary policy, providing a common foundation for debates about the precise measures that should be used in different circumstances. The central tenets of this agreement are that monetary policy should be implemented, that emphasis should be placed on price stability, and that higher or short-term interest ... Read More
Pages: 9       Words: 2418

Case Study on Price Elasticity

Introduction Price elasticity is the percentage difference in the quantity of demand in correspondence to price changes. In economics, the prices of commodities directly impact the market. In layperson economics, the lower the commodity price, the higher the demand (Gabaix and Koijen, 2021). In price elasticity, producers seek to maintain the need for goods even ... Read More
Pages: 7       Words: 1800

Free Market Economy

An economy is responsible for dealing with the state of affairs in the production, distribution and consumption of goods and services. It is also involved in money circulation in a particular region or country. An economic system is a planned and organized way in which a nation or state allocates its goods and services in ... Read More
Pages: 4       Words: 1092

Firm Governance and Strategy in the Institution Context

Part A: Role of Institutions in Economic Growth and Development The growing debate on the importance of institutions for economic growth and development has been simplified, leading to potential bias over the last century. Consequently, institutions have become a vague concept viewed as the intermediate target for all efforts to improve economies globally (Sachs, 2003). ... Read More
Pages: 11       Words: 2810

The Great Barrier Reef by Deloitte

Introduction Nature is fascinating. There are a variety of features mother nature has gifted the universe whose beauty and mystery are mesmerizing. While environmental economics provides valuation to avail useful insight about the relativity of resource scarcity, it is not always accurate, especially for some resources whose value cannot be satisfactorily summed up to a ... Read More
Pages: 8       Words: 2182

The Connection Between Inflation & Minimum Wages

Inflation and Minimum wage are two separate concepts but share many of the same implications. I identified the connection between inflation and minimum wages such that; Inflation is often brought about by inconsistent growth in wages or increases in prices relative to wages. While an increase in minimum wage can help reduce inflation if a ... Read More
Pages: 3       Words: 635

In Order to Progress, African Countries Must Cut Ties With Their European Counteragents and Keep Their Natural Resources to Themselves To Develop

The African continent is rich in natural resources among the other continents, it has large quantities of resources, but ironically it is still dragging in development. For instance, the discovery of new oil sources in Africa has enhanced the economic significance of the commodity. Oil is a major source of income for Sudan and Nigeria. ... Read More
Pages: 11       Words: 2772
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