Economy

302 total

Introduction: We are all aware of the enormous difficulty that the Asian countries have been having in regard to their economies having large trade deficits and the devaluation of their currencies. Asia’s crisis was classified as “The Great Asian Slump that is for the record books” (“Saving Asia it’s time to get radical,” 75) making the Latin America’s crisis of 1995 look like a minor wobble. Hong Kong announced that its economy shrank 2.8% i

Government Spending & Budget- As many Federal departments and agencies lurch into an era of running without funds, the leaders of both parties of Congress are spending less and less time searching for a compromise to balance the budget, and more and more time deciding how to use it to their advantage on the campaign trail. Meanwhile money is easily borrowed to pay for government overhead. In an attempt to change this, on June 29, Congress voted in favor of HConRes67 that called fo

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Cuba: On the Road to Reform by Timothy Ashby Timothy Ashby served as Director of the Office of Mexico and the Caribbean Basin of the US Department of Commerce. He is now an independent consultant based in Washington. ------------------------------------------------------------------------ Today Cuba is an anachronism, a small island of socialism in a hemisphere that has largely abandoned state-dominated economics, adopting market-based democracy as its path to prosperity, and is

1. Introduction One market, one money. Being mentioned in the European Commission s book, it brought the euro to financial world. To attain faster growth of the economy, the euro was introduced with three advantages. The first consists in seigniorage gains and transaction cost savings inside the EU; the second links with advantages to the European financial services industry; the third provides monetary relationships with the other major currencies, the US dollar and the yen (Johnson, 1996).

Katherine Kesses Comparative International Management Why are interfirm networks so prevalent in Japan? Why do they appear to be so effective in promoting industrial competitiveness? Interfirm networks have grown from the history of Japan, the government action and culture. In recent years they have gained a degree of both fame and notoriety (Gerlach, 1992). These networks have appeared to contribute to industrial competitiveness. However, the real issue is to what extent have they been

After North America, Europe, and Japan, the area of China, Taiwan, and Hong Kong "is a fourth growth pole in the world economy" (Jue 108) which in 1994 was expected to double in size by 2002. Today, the growth rate is still on track to fulfill that prediction. Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, China’s gross domestic product has risen to seventh in the world, and its economy is growing at over nine perce

INTRODUCTION Foreign steel producers plague the U.S. steel industry with unfair competitive practices. This practice is referred to as "dumping". Dumping of foreign steel has been a problem throughout the history of the U.S. steel industry. In the 1990s dumping has become more of a problem, due to the breakdown of the Russian economy and its transition from Capitalism to a free-market economy. According to Microsoft Encarta 98 (1998), Free-Market Economy, is an economic system in which

INDUSTRY: APPAREL RETAILERS INTRODUCTION Retailers in the apparel industry are primarily engaged in the distribution, merchandising, and sale of men's, women's, and/or children's clothing to consumers. Apparel retailers include department stores, mass merchandisers, specialty stores, national chains, discount and off-price stores, outlets, and mail-order companies. A relatively new development is the rise of electronic forms of retailing such as interactive TV and on-line shopping ser

After North America, Europe, and Japan, the area of China, Taiwan, and Hong Kong "is a fourth growth pole in the world economy" (Jue 108) which in 1994 was expected to double in size by 2002. Today, the growth rate is still on track to fulfill that prediction. Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, China’s gross domestic product has risen to seventh in the world, and its economy is growing at over nine per