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Economics Essays

Should Government Run Deficits To Fund Policies and Programs?

The government should run the deficits in funding policies and programs in the country. The growth of fiscal deficit can enhance a dead economy by providing more finance to the people who are in the position to invest and purchase more investments. The use of long-term deficits can have a detrimental effect on the growth ... Read More
Pages: 4       Words: 906

China Belt and Road Construction in Laos

Introduction In a discussion with visiting Laotian Prime Minister Thongsing Thammavong in April 2014, Chinese President Xi Jinping emphasized the importance of China and Laos intensifying their complete partnership agreement in order to realize their national goals. President Xi specifically stated that Sino-Lao relations should be focused on strategic areas such as energy production extraction, ... Read More
Pages: 9       Words: 2226
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Challenges Facing International Trade in Iran

International trade of products and services has been a major focus for economists and philosophers for ages, as has the worldwide division of labor. Generally speaking, research in this area centres around four key questions: what are the causes of foreign trade? what are the impacts of global trade? In what ways does international commerce ... Read More
Pages: 7       Words: 1714

Causes and Consequences of the Great Depression

In 1929, the stock market of the United States crashed and the stock market values declined significantly, an event often referred to as the Great Crash/the Wallstreet Crash. This major crash in the stock market was what led to the great depression which was a serious worldwide economic decline that started in the United States ... Read More
Pages: 5       Words: 1252

Affordable Housing Policy in Hong Kong

Introduction This study examines the affordable housing policy in Hong Kong, China. The housing market and the execution of housing policy are being scrutinized to see how institutional and economic differences affect them. There are certain similarities between the two markets, such as their reliance on the property industry to sustain economic development and dense ... Read More
Pages: 13       Words: 3328

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

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
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