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Economics Essays

Low Minimum Wage

Introduction Over the years, the minimum wage issue has been a heavily debated and controversial topic. With the recent decline in global economic performance, many workers earning minimum wage are placed in a position where they struggle to make ends meet (Manning, 2021). This is reflected in the extensive exodus of employees from minimum-wage jobs ... Read More
Pages: 7       Words: 1721

Global Business Challenges

Hello Ladies and Gentlemen, Today, I want to talk to you about international trade and how it influences businesses worldwide. Specifically, I will address two of the three topics this speech assignment requires using the global sportswear giant Nike as my case study. In this speech, I will look into the challenges that multinational corporations ... Read More
Pages: 6       Words: 1401
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The Outcomes of Multiple Studies on The Impacts of COVID-19 on The Global Economy

Introduction Multiple research findings on Global health, particularly the COVID-19 pandemic, have indicated significant impacts on societies and economies around the globe. The epidemic, which the World Health Organization classified as a pandemic in March 2020, caused millions of illnesses and deaths, overtaxed healthcare systems, and compelled governments to enact stringent regulations to stop spreading ... Read More
Pages: 5       Words: 1281

Multicultural Views of the International Money Economy

Multiculturalism encourages people of diverse backgrounds and beliefs to live together peacefully. Concern over the effects of globalisation on ethnic and religious variety, as well as the need of preserving traditional ways of life, has gained momentum in recent years. All around us, messages advocating globalisation and the advantages of a more unified globe crowd ... Read More
Pages: 4       Words: 1034

Globalization and Labor

Globalization is the use of technology to enhance interdependence in the market. Globalization involves trading activities that operate worldwide through the use of technological advances. Globalization captures the social, economic, and cultural aspects of interdependence among different nations in the world (Chun, 2019). People migrate from one country to another due to the increased levels ... Read More
Pages: 7       Words: 1708

Annotated Bibliography: How Has Inflation Affected American Lives?

Issues Discussed in the Articles The American economy has been lagging since the COVID-19 pandemic hit the world. After forty years of controlled inflation rates, the US CPI inflation rate skyrocketed to 8.2% in September 2022 (Ball, Leigh, & Mishra, 2022). The inflation rate steadily increased until 2023, when the rate began staggering. The high ... Read More
Pages: 8       Words: 2118

United States Productivity Growth Resurgence

Introduction Technological advancements have revolutionized economic productivity in the United States. Economic productivity began rising in the mid-90s, which is the exact period when technological advancements were common. The author argues that the explanation for the rapid growth and improvement in the economy of the United States and other developed countries is all tied to ... Read More
Pages: 4       Words: 920

Decolonization, Development and Social Economy

Over the years, the concept of social economy has gained enormous attention from various scholars. People have continually viewed the social economy from various angles. Social economy has perennially become the centre of discussion for scholars, with theorists developing numerous arguments regarding this vital phenomenon. However, notwithstanding theoretical approaches to this phenomenon, how people perceive ... Read More
Pages: 9       Words: 2466

Performance Measurement and Incentive System (Pmis) in Terms of Purpose/Usage, General Type, and Evaluation Criteria

Maximizing shareholder value is the ultimate objective of every business since this will guarantee both superior performance and the development of new value. A performance measuring system is integral to any effective management control framework. After that, you should link the performance monitoring tool to a reward structure. Expected goal attainment, creative innovation, dynamic balance, ... Read More
Pages: 15       Words: 4114

Non-Performing Loans

Introduction The definition of non-performing loans (NPLs) exists on a standardised characterisation of “past due” loans, typically defined as a certain number of days past the due date. For example, 90 days past due commonly applies as a threshold for determining whether a loan is non-performing. This standardised definition can be seen as rigid and ... Read More
Pages: 30       Words: 8231

Introduction to Finance and Economics – Royal Dutch Shell plc

Introduction Royal Dutch Shell plc is a British-Dutch oil and gas company listed on the London Stock Exchange and is part of the FTSE 100. It is a global company active in over 70 countries and operates in over 25 countries. As such, the company is exposed to a variety of external factors which can ... Read More
Pages: 6       Words: 1536

How the World Economy Evolved from 1400 to 1800

The world began having remarkable economic developments and revolutions after 1400, with trade being the critical economic practice. Even though trade between Asia, Africa, and Europe had been going on for generations, Europeans had played a minor role before 1500. For example, rich people in China coveted East African ivory and Indian exotica and enslaved ... Read More
Pages: 4       Words: 1017

Economic Impact of the Eurasian Economic Union on Central Asia

The Eurasian Economic Union’s financial effects on central Asia. This study’s primary goal was to determine the causal relationship between the formation of the EEU and regional economic development and diversification in Tajikistan, Kyrgyzstan, and Kazakhstan. To deal with heterogeneity and possibly endogenous national fixed effects, a special methodology based on a multi-country instrumental variables ... Read More
Pages: 25       Words: 6751

Chinese Family Business Succession Crisis

History of Chinese Family Business The family business is an important part of Chinese economic History, and its success has always been based on transition. According to statistics, as of 2017, family business enterprises were contributing to about 60% of the country’s GDP and employing about 80% of the workforce (Flannery, 2016). The family business ... Read More
Pages: 6       Words: 1421
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