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Global Economy Essays

The Dynamic Interplay of Transnational Corporations and the State in Shaping the Global Economy

1.0 Introduction The business field has experienced various changes in modern society. Globalisation is one of the aspects that has brought these changes by enhancing business activities across different countries (Dicken, 2015). For the global market to operate effectively, various forces are behind its success. Transnational corporations and states are some of the notable details ... Read More
Pages: 10       Words: 2482

The WTO Dispute Settlement Mechanism Analysis: With the Help of Cases

Abstract Trade is vital for the growth and stability of a nation’s economy, and it extends beyond a country’s borders. Sometimes, the trading process moves smoothly, while at other times, multiple disputes arise between nations on their counterparts’ trading practices. The WTO works at the helm of international trade conflicts, resolving them to achieve successful ... Read More
Pages: 12       Words: 3253
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Significance of the United Nations to Today’s Global Economy and International Business System

In the complex global business world, the UN guides businesses through the constantly changing international terrain. It reduces geopolitical risks, promotes ethical business practices, aligns firms with the SDGs, and empowers SMEs. Businesses thrive amid global uncertainty with the aid of the UN’s peace and stability efforts. Through UN projects, Global Compact promotes ethical behavior ... Read More
Pages: 6       Words: 1440

The World Trade Organization (WTO)

Introduction The World Trade Organization (WTO) was founded in 1995 to promote free trade and economic progress by negotiating trade laws, resolving trade disputes, and providing a venue for negotiations. The WTO promotes worldwide trade and resolves trade disputes with 164 member countries. The US and China, the two most prominent WTO members, have had ... Read More
Pages: 3       Words: 765

Role of Decision-Making in Economic Growth

Introduction In today’s economy, where everyone is always worried about themselves, some organizations work to uplift the global world economy. When it comes to those organizations working as a well-oiled machine, it all depends on the art of decision-making of the company or the organization’s leader. The leader, the C.E.O. of any company, is responsible ... Read More
Pages: 16       Words: 4290

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

The Impact Of The Western Sanctions On The Russian Economy

The US and EU member countries have imposed and are considering more sanctions that are targeted at the Russian economy. They are aimed at limiting the country’s ability to fund the existing war with Ukraine, where the Russian administration is considering annexing some of the regions in Ukraine. Western nations have prevented Russian oligarchs from ... Read More
Pages: 6       Words: 1551

The Airline Industry

The airline industry is a complex and ever-changing sector critical to global transportation. This seminar paper will provide a brief overview of the British airline, including its Strengths and Weakness. Additionally, the paper will discuss Federation Aviation Administration Airport Operator in line with its strengths and weaknesses. Ultimately, this paper will argue that the airline ... Read More
Pages: 5       Words: 1316

Super-Flexibility in Action – Startups

Background A startup is a company or organization in its early stages, typically characterized by high uncertainty and risk. The Covid-19 pandemic has significantly impacted the global economy, with businesses struggling to cope with the fallout (Gauthier, Morelix, Officer, 2020). The current downturn has been particularly tough on startups, which often lack larger businesses’ resources ... Read More
Pages: 7       Words: 1743

IT and the Global Economy

Kobe steel was Japan’s third-largest steelmaker and a major supplier of aluminium to manufacturers of cars, trains, and planes across the world. It admitted having supplied products containing falsified specifications to over five hundred customers (Shane, 2017). This revelation impacted the global supply chain giant; the customers began questioning the ethical standards of the company. ... Read More
Pages: 5       Words: 1253
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