Economics Essays

104 posts

World Hunger : 12 Myths

In one of the most incisive looks enveloping the highly charged topic of World Hunger and various views established and invoked around the world, Francis Moore Lappe, Joseph Collins, Peter Rosset with Luis Esparza, argue that world Hunger eradication efforts have been going askew primarily because of the misconceptions which they term as Myths. In their book, the authors successfully enumerate various popular opinions that are held as either the cause or a remedy to the issue of World Hunger. In doing so, they also suggest ways, supported by robust...
8 min

Will a New Economy Lead to New Attitudes?

IntroductionThe emergence of the new economy in has led to a shift from old production economy to a new economy that is based on acquisition of necessary skills and knowledge. This has resulted in change of attitude among all players of the new economy. Major focus has shifted from provision of un-skilled labor to provision of skilled labor based on scientific and technological knowledge.Positive change in attitudeThese positive changes are in line with the demands and concerns of the new economy. The new economy has brought about a change in...
3 min

Еhe economic burden of white-collar crime

White-collar crimes are the crimes committed by individuals belonging to the higher section of the society and who have a great amount of respectability in the eye of the public. Usually such crimes would be committed by the individual in their occupational role. Most of the crimes committed by the white collared individuals are deliberate and organized so as to gain financially or personally, using their power. These crimes may be handled by several means including not bringing the issue up to the court; using their administrative powers to cover...
5 min

Economic Development: The Tiger Economies

The end of the Second World War resulted to the decolonization of many Southeast Asian states, and the eventual nation-building of war-torn countries like Japan, Korea, China, Taiwan, and the Philippines. The weakened state of many European countries allowed the regional spread of nationalistic sentiments. Many of the conquered peoples rose in rebellion and declared self-determined nations. However, decolonization was not the sole cause of nation-building. Much of the war-torn economies of Asian countries were dependent on US aid. The United States government promised billions of dollars in aid to...
6 min

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Interest-Rate

The term interest, is the ‘rent‘ paid to borrow money. The lenders recieves compensation for determinign his own consumption. The original amount rate is ‘principal', and the percentage of the principal which is paid/payable over a period of time (usually one year) is the “interest rate".To the economics is the return or gain from the use of real capital such as road, bridges, tools, tractors, factories and equipment and thelike1.In banking it is a money earned on a laon( for examplegive to a bank, or given by bank)according to a...
4 min

Economic Costs of White-Collar Crime

The pervasiveness of white-collar crime has produced economic costs that may be seen from the individual level and extends until the national level. The costs may be defined in both monetary and non-monetary levels. Giving a short definition of white-collar crime, Vito, Maahs, and Holmes cited Professor Edwin Sutherland that the said term is “a crime committed by a person of respectability and high social status in the course of his occupation" (p. 411).College Students Frequently Tell EssayLab professionals:I'm don't want to write my paper now. I don't have the...
5 min

The Economics of an Independent Palestine

The Zionist perception formed two units for Palestine: one that was Jewish and one that was not Jewish. Despite the fact that Palestine was not divided during the Ottoman period, a conflict centered on the Palestinian territories made way for what was called the ‘demographic danger' by the 1960s… a fear that Israeli would be converted to a bi-national state. With the help of the Bush administration and Palestine's self-determination, the ‘two-state solution' became possible, especially with an economic viability that could present brighter future for the state. With the...
7 min

The Economic Success of Morocco

Morocco; a country that is Arab, yet so different from the rest of its neighbors. The recent stride it has made regarding its economy has valuable lessons for the Arab world. They should learn from Morocco's example which is a state that is breaking away from tradition and into modernity.The nation of Morocco has been in existence since a long time even before it was colonized. Even while it was a colony, it was never stripped away from its state status by the French powers. At that time this made...
4 min

What are the major arguments for and against cutting taxes?

A tax refers to a monetary charge or levy that is imposed to an individual or legal entity by a government or state in order for it to run the affairs smoothly. Taxes may either be direct or indirect and could be paid in money or labor equivalent. Taxes are enforced contribution in line with legislative authority.Students Very Often Tell EssayLab professionals:How much do I have to pay someone to make my paper in time?Essay writer professionals suggest: Buy An Essay Which Will Lead You To Your Academic SuccessEssay Writer...
9 min

The “Graying” of the United States

The “graying" of the United States refers to the rather rapid growth of the elderly sector (aged 65 years and older) of the population. As early as the mid-1990s, this sector was already estimated at 13% of the country's population. It is expected to reach approximately 20% by 2050. The elderly sector could be broken up into two groups. The first group is composed of those who are aged sixty-five up to seventy-five years and who are, by and large, able to care for themselves even for their economic needs....
4 min

Poverty

Poverty is defined as the condition of having little money and few material possessions (Wikipedia, 2007). People who live in poverty are deprived of the basic necessities for every day living, such as food, shelter, and clothing. Poverty exists all over the world, with the highest percentage of people living in poverty in Sub-Saharan South Africa (Wikipedia, 2007). Poverty even exists in the United States but at lower percentages. Poverty is an unacceptable way for people in today's wealthy society to live, and a resolution to minimize the problem should...
7 min

What is International Economic Security?

After the cold war, a common threat doesn't seem to exist. There is conceptual vacuum in which it isn't clear who the enemy is and what security involves (Cable 305). According to some countries economic security involves those aspects of trade that affect's its ability to defend itself. Others define it in the sense of ‘security of supply' of different things like advanced technology, food and strategic minerals like oil. A third definition is in the sense of geo-economics, which can be imagined as an “economic warfare between leading countries"...
3 min

What is Economics?

Economics refers to a social science that studies how various goods and services are produced, allocated and consumed (Mofid, 27). It can also be the study of the scarce economic resources and how they are used to satisfy human needs. There are two main branches of economics; microeconomics and macroeconomics. Microeconomics is concerned with how individuals make decisions and how those decisions affect supply and price of goods and services in the economy. Microeconomics in a general point of view is all about making choices, scarcity and how the scarce...
3 min

Impact of financial crisis on the United Arab Emirates

This paper will review the various aspects of the impact of financial crisis faced by United Arab Emirates.The world economy today is facing a huge financial crisis that it has witnessed never before. It is the strongest turmoil that will have long term effects on both the developing and the developed nations. This global disturbance of the financial system is of staggering proportion. This crisis came to existence in the world's strongest economy, which is the U.S economy. Many economists believe the root cause behind this to be the uncontrolled...
9 min

What is at is Optimal Rate of Inflation?

The optimal Inflation rate can be negative, zero or slightly positive or can be any rate. The optimum rate depends on the economic perspective of the monetary Authorities and political imperatives. (Pally.T, 1998) That means the monetary policy can be based on the Friedman perspective, Neo Keynesian perspective and other economic models such as neo-classical perspectives as well it also depends on the experiences and unique market conditions in goods, labor market financial market and how they form expectation of inflation and how they react to inflation and the combination...
10 min
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