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Economics Essays

Income and Wealth Inequality

Introduction Helene Gayle, an American doctor, said, ” the difference between rich and poor is becoming more extreme, and as income inequality widens the wealth gap in major nations, education, health, and social mobility are all threatened.” Income inequality refers to how income is unevenly spread in a given population. On the other hand, wealth ... Read More
Pages: 11       Words: 2902

Impact of Tourism on Economic Development

Tourism does not solely involve the movement of individuals from their homes or their country to visit other recreational facilities. Still, it is a cultural, social, and economic phenomenon that involves the movement of individuals to countries for business or personal purposes. Besides just the basic concept of movement, tourism comes with a package of ... Read More
Pages: 3       Words: 671
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Identify the Key Factors That Have Been Driving and Shaping Creative Industries Policy Over the Last Decade or So

Introduction Growth and jobs in many nations are bolstered by the creative economy. From advertising and television to architectural, fashion, design, cuisine, and publishing music, it encompasses a wide range of creative industries. They’re playing an increasingly important role in enterprise development, which is helping to spur economic growth and create new jobs. There has ... Read More
Pages: 11       Words: 2983

Essay on Globalization

Globalization refers to the increasing internalization of economies, primarily through the cross-border exchange of goods, services, and capital. In scholarly papers, globalization gets categorized into three parts: economic, cultural, and political. Containerization, technological advances, efficiencies, disparities in tax regimes, and improved capital mobility are all possible drivers of globalization. Containerization is a container shipping technique ... Read More
Pages: 3       Words: 672

Global Business Economics & Finance Report

Introduction The construction of a loading bay is a costly project in terms of both money and time, so it is important to plan ahead the expenditures that will be incurred from the start of the project to its completion (Lee & Lee, 2009). In addition to the expenditures, emergencies, contingencies, other unexpected economic fluctuations ... Read More
Pages: 10       Words: 2699

External Environment Analysis Strategy Case Study

Executive Summary Inflation refers to the phenomenon of rising prices and goods in an economy and the rate at which it rises is called the inflation rate. It affects the living standards of the people living in the country significantly. The selected article has discussed the event of the surging inflation rate in the UK. ... Read More
Pages: 10       Words: 2709

Analysis of the Competitiveness of Emirates

Evaluation of the competitiveness in the Airline Industry using the five forces framework The five forces framework is a model created by Michael E. Porter and it explains how five important forces influence an industry’s profitability and attractiveness. These forces can be used to investigate the competitiveness in the airline industry (Dobbs, 2014). Some of ... Read More
Pages: 4       Words: 989

Effect of Oil Crisis on the Local Economy of Caracas, Venezuela

Introduction Over the past years, petroleum production in Venezuela has significantly impacted its economy and people’s livelihood. Aljazeera reports that oil comprises more than 90 percent of Venezuela’s export revenue (par. 2). According to an economic consultant based in Caracas, the country risked generating less than $8 billion export revenue in 2020, a significant decline ... Read More
Pages: 7       Words: 1869

Economic & Social Effectiveness During the COVID-19 Pandemic

The onset of the Covid-19 pandemic in late 2019 came with a wide range of economic and social implications. For example, it has triggered an economic crisis across all continents. Many countries continue to struggle with registering even the slightest economic growth. In the wake of travel restrictions and lockdown protocols, a number of economic ... Read More
Pages: 4       Words: 905

Essay on Economical Progression

Economic expansion without human growth investment is both unfeasible and unethical. The goal of economics is not to find answers to economic progress but to prevent it from falling. Economic transformation has been a lengthy process of transferring labor and resources from lower-productivity activities to higher-production. It allows for long-term increases in aggregate worker productivity, ... Read More
Pages: 4       Words: 1086

Economic Principles Research Paper

Abstract Economic principles provide an essential framework for understanding and analysing business. This framework can help you understand the business world and make better decisions. The research paper discusses three economic principles that affect businesses and organizations daily. The purpose of this paper is to illustrate how each of these three economic principles is reflected ... Read More
Pages: 9       Words: 2474

COVID-19 Response and Recovery

As a result of COVID-19 and its social and economic ramifications, people of all ages have been affected in almost every aspect of their lives. On the other hand, people of all ages are affected in different ways. Young people, particularly disadvantaged youth, face considerable risks in the areas of education, health and many other ... Read More
Pages: 6       Words: 1426

Comparing S&P Global (SPGI) and Moody’s Corp

Research and analysis are vital aspects for financial institutions and investors. For S&P Global and Moody’s Corp, this is a field they have invested in. The former operates on four segments, each with a different specialization, while the latter has two areas. Despite the differences in the number of segments, their operations are similar, but ... Read More
Pages: 5       Words: 1335

Statistical Analysis Report

Introduction To complete this assessment, three nations selected are India, the United States, and Japan. India is located in the southern region of Asia, with a total population of more than 1.35 billion. The USA is known as the United States of America, consists of 50 states and is expected to cover nearly 3.8 million ... Read More
Pages: 13       Words: 3540

Evaluating the Contribution of Inward Foreign Direct Investment to China’s Economic Development Over the Reform Era

Introduction Since the mid-1990s, China has been one of the major global benefactors of foreign direct investment (FDI). FDI is an essential source of foreign funds for China’s reform and development. Most FDI inflows into China come from multinational companies (MNCs) operating in other Asian countries. Close to 80 percent of total FDI inflows have ... Read More
Pages: 10       Words: 2698
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