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Economics Essays

Importance of Tourism to the World Economy

Tourism refers to people travelling within their own countries or from different countries and staying in places outside their typical environment for various purposes. These purposes may include; leisure; this is whereby tourists travel to get away from their familiar territory for relaxation; business; this is where tourists travel for work-related purposes. This movement could ... Read More
Pages: 3       Words: 580

High Income Society: Singapore

Introduction Singapore began its quest for fast economic development over four decades ago, a move aimed at benefiting each Singapore citizen and its society at large (Lim, 2016). According to the world bank, Singapore is classified as a high-income economy with US$54,530 per capita as of 2017. Singapore is ranked as one of the world’s ... Read More
Pages: 9       Words: 2356
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Financial Regulation and Brexit

Abstract In any working economy, financial regulation is essential. First, financial regulation is the imposed restrictions, control, and mandatory measures put in place (especially by the central government) to regulate the financial markets and the financial institutions such as the banking industry. Financial regulation requires these industries (the financial institutions) to adhere to some rules, ... Read More
Pages: 12       Words: 3123

Feed-in-Tariffs for Renewable Energy

Long-term contracts for renewable energy producers are part of a feed-in tariff (FIT), a regulatory tool meant to spur investment in renewable energy technology. One of its key objectives is to provide long-term contracts and price stability to assist finance renewable energy projects (Alizada, 2018). FITs often offer varying rates to various renewable energy sources ... Read More
Pages: 4       Words: 974

Essay on Digital Economy

Introduction With the rapid growth of digital transformation in recent years, many organizations have flourished across various industries, often against powerful incumbents by leveraging compelling and complex connections with consumers. The organizations have gained a competitive advantage by running multiple paths to engage with their consumers. Amazon is among the most successful organizations emerging in ... Read More
Pages: 11       Words: 2921

China’s Economic Development

Outline the main characteristics of the reforms and developments of China’s state-owned enterprises. Assess their contribution to overall economic development. Introduction The Chinese Party Congress (CPC) Central Committee’s third plenary session has traditionally served as a forum for economic reform. Deng Xiaoping, China’s paramount leader, introduced economic policies between 1978 and 1992, laying the groundwork ... Read More
Pages: 11       Words: 2978

Canadian Trade Diversification and Sanction

Executive summary This policy brief will discuss Canada’s more proactive approach to trade diversification and sanctions as the best option for action. To that end, I will discuss how Canada relies on the U.S. for trade has been a major contributing factor to the economy’s decline over the past two decades. I will outline three ... Read More
Pages: 7       Words: 1706

Essay on Advanced Macroeconomics

Introduction A duopoly is a kind of oligopoly in which the largest or whole share of the market of a particular item or service is controlled by only two companies. More than a million people may buy competitive products and services from two companies in this market. Because of the fierce rivalry among the companies, ... Read More
Pages: 11       Words: 2842

A Cyclical Phenomena

Globalization is a cyclical phenomena with an engine characterized by technical developments that have made it possible to compress ever more the spatio-temporal dimension, which is the one that generates the most challenges for humanity. This influence may be felt in varied degrees of severity all across the world, but it is more noticeable in ... Read More
Pages: 12       Words: 3159

Labor Economics: Women Labor Force Participation

Introduction This trend has been seen in numerous nations, including the United States, during the past few decades. The Netherlands is a brilliant beacon about how to do things well, with a fourfold rise in female engagement in the preceding five years. This is a significant shift in Dutch society, and it is reflected in ... Read More
Pages: 10       Words: 2482

What Impact Did Increasing Global Economic Integration Have on Inequality?

Introduction In 1944, countries had an agreement encompassing monetary administration and created commercial and financial association rules.[1]. The plan was a setoff unified regulations and policies that offered a framework necessary to develop fixed international currency exchange rates. However, the system collapsed in 1971, and there was an introduction of neoliberalism that intended to bring ... Read More
Pages: 13       Words: 3433

Unemployment and Inflation

Introduction According to economists, inflation has been recognized as the parent of unemployment and an unseen robber of savings made by individuals. Therefore, a history was created that portrays a negative relationship between unemployment and inflation. As years passed by, the relationship evolved into a complex state. Unemployment is when individuals can work but cannot ... Read More
Pages: 10       Words: 2585

Research Paper: A Better Economic System for Canada in the Current Situation

Examine the benefits and drawbacks of the two economic ideologies covered in the lecture. Which system would you argue is a better approach for Canada in our current economic situation (bearing in mind the implications of COVID-19 on the economy) and why?   Introduction The economy and the lives of Canadians have been drastically impacted in ... Read More
Pages: 7       Words: 1869

The Key Factors and Economic Consequences of Disclosure Quality

Introduction This study examines the key factors and economic consequences of disclosure quality or nonfinancial information reporting, which is assessed in terms of ratings for Green Banking Disclosures, Corporate Social Responsibility Reporting/Performance (CSR), Environmental, Social, and Governance (EGS), Financial Inclusion Reporting and Social Performance/Social Reporting, among other categories of data. The EU’s intention to require all publicly traded firms ... Read More
Pages: 11       Words: 2854

The Impact of Labor Unions on the U.S Economy in the Late 20th Century

The 20th century a considerable growth in labour unions, especially after the second world war. The world war had left most of the globe with little resources which necessitated hard work and sacrifice. The wages offered to people working in industries such as the steel and automobile industry were minimal. Furthermore, the working conditions were also ... Read More
Pages: 5       Words: 1104
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