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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
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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

The Impact of International Trade on the Development of Chinese SMEs

Abstract The role of small- and medium-sized enterprises (SMEs) is regarded to be essential for the monetary development of developed and developing market places. Because of this, the SMEs are appealing substantial interest of research. Particularly, with the enhancing significance of emerging economies on the international phase, the subject of international trade in the emerging ... Read More
Pages: 26       Words: 7004

The Economic Impact of the Aerotropolis on Economies

The 21st Century’s economic engine will be aerotropolis and aviation-related commercial operations and industries. An aerotropolis is a territory that evolves as a key engine of economic growth and a center of economic activity within an airport. According to the city, it has a “strong concentration of logistical facilities and commercial operations” (FloresFillol et al., ... Read More
Pages: 10       Words: 2536

Sustainability Measures and Environmental Regulation

In this analysis, Mexico and India are used to showcase which is the best country to invest in. First, Mexico was the first nation to agree to reduce greenhouse gas emissions by 30% (Sustainable Governance Indicators, n.d.). In addition to this, Mexico boasts strict environmental measures from the US and the Paris Agreement, especially on ... Read More
Pages: 4       Words: 846

Essay on Rising Powers

Emerging powers is a broad term that describes a category of countries that are perceived to be in the process of perceiving economic and political powers at a faster rate than other countries. The countries described as emerging powers are normally geographically large and poorer based on per capita income. A key component of emerging ... Read More
Pages: 4       Words: 1057

Price Stability Should Be the Primary Target of Central Banks Around the World in the Next Decade

What Data Can You Use to Support Your Arguments? Central banks around the world have adopted inflation targeting. Countries indulging in inflation targeting have more developed and emerging markets and developing economies. These countries are determined to ensure a full-fledged commitment to meet specific inflation rates within a specified time frame. According to Skinner (2020), ... Read More
Pages: 6       Words: 1505

Political Environment Analysis of Germany

Introduction The German economy has proven resilient in the face of global financial crisis. Indeed, it has outperformed several, high-income European economies including France and the UK. Currently, unemployment has reached post-unification lows despite the increasing job losses in Europe (OECD, 2014). This unprecedented success can be attributed to timely policy and labor market reforms. ... Read More
Pages: 7       Words: 1759

Political Economic Systems’ View on the Relationship Between State and Market

Political, economic systems coexist with the state and market. The relationship between state and market determines the effectiveness of various political-economic systems. The state enacts policies that regulate the political-economic system applied in its jurisdiction. The guidelines by the state determine how efficient a political-economic system is with the market. The state is responsible for ... Read More
Pages: 4       Words: 995

Economic Liberalization of China

China has one of the leading economies in the world. In terms of GDP, China has the second-largest economy in the world. Chinas purchasing power parity, on the other hand, is the largest in the whole world. China operates a socialist market economy that is characterized by public ownership and state-owned enterprises within a market ... Read More
Pages: 5       Words: 1121

What Is the Impact of Population Aging on Economic Growth?

Population ageing is assumed to have a detrimental effect on the economy’s growth. This topic is interesting because it helps understand the slower labor force growth affecting the economies in different ways. Aging is a universal trait observed across the spectrum evolution. Studying the aging population will enable the audience to understand how a high ... Read More
Pages: 5       Words: 1149

The Economics of AI

Thomas Sowell stated that the primary lesson of economics is scantiness: it is hardly sufficient to contain the individuals who want it, and the primary lesson of politics is to assume the primary lesson of economics. However, the advanced wave of AI brings intelligence to us and prediction, a crucial element of intelligence. Artificial Intelligence ... Read More
Pages: 17       Words: 4478

Socialism and Capitalism

Abstract Reassessing both socialism’s previous performance and its historical grounding is required in light of recent capitalist failures. Although orthodox economic theory suggests that socialism remains inferior to capitalism, there is no strong theoretical basis for this conclusion. There exists no conclusive evidence that socialist economies grew less rapidly than capitalist ones. By contrasting capitalism ... Read More
Pages: 4       Words: 1035
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