...Reflection-Economic Forecasting Paper ECO/372 November 26, 2012 University of Phoenix Week 2 Reflection-Economic Forecasting Viewing the economic standing of America may not be easy to comprehend, with all the economic terms and statistics. To assist with the economic terminology, and view what production/income, prices, and cyclical indicators are in the United States, an Internet website called AmosWEB Encyclonomic WEB*Pedia can retrieve resourceful information. This site has great information for a consumer to become familiar with economic terminology and economic standing. Some of this information on the site indicates the “Real GDP as of third quarter 2012, $15,775.7 billion (Annual Rate) Source: BEA, up 2.0% 1st Est. revised up from 1.3%. Unemployment as of October 2012 is 7.9% up from last month. This information was obtained from the Bureau of Labor and Statistics. The consumer Price Index W, as of August 2012 is 227.056.” A person can even view what the prime rate is for American loans which are 3.25%. AmosWeb pulls information from other sites and make it easier for consumers to view these numbers in one location instead of viewing different consumer sites. The U.S. Department of Commerce contains the Bureau of Economic Analysis, and this bureau maintains the website www.bea.gov. This website contains all of the BEA’s published information, including news releases and a comprehensive array of economic statistics...
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...free to set their own prices and offerings. Google is starting its wireless service on a small scale. When Google enters a new market it usually does so in a big way. Google’s next move is launching a wireless carrier service sold directly to end users (Epstein, 2015). We will look at the business feasibilities based on the economic conditions and the impacts. According to the Economist Intelligence Unit (EIU), the world economy will grow by 2.9% in 2015. The world GDP was estimated to have increased by 2.5% in 2014. Global growth will be boosted by lower oil prices: a 10% fall is thought to add 0.2 percentage points to world GDP. The world economy most likely will be held back by weakness in the euro area and Japan, and by slower growth in emerging markets. China will see expansion slow to 7%, but America will be the best-performing rich-world economy in 2015, with growth forecast at 3.3% (The Economist, 2015). Let us referring to the last quarter of 2014, there was a 2.6% increase in economic growth, although this was below estimates, but behind the headline it was actually positive news (About News, 2015). So in comparing with current global economic conditions, America’s growth forecast at 3.3% for 2015 should give investors and consumers a good indication and confidence in Google’s new wireless businesses....
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...CHAPTER 23 Measuring a Nation’s Income Economics PRINCIPLES OF N. Gregory Mankiw Premium PowerPoint Slides by Ron Cronovich © 2009 South-Western, a part of Cengage Learning, all rights reserved In this chapter, look for the answers to these questions: What is Gross Domestic Product (GDP)? How is GDP related to a nation’s total income and spending? What are the components of GDP? How is GDP corrected for inflation? Does GDP measure society’s well-being? 1 Micro vs. Macro Microeconomics: The study of how individual households and firms make decisions, interact with one another in markets. Macroeconomics: The study of the economy as a whole. We begin our study of macroeconomics with the country’s total income and expenditure. MEASURING A NATION’S INCOME 2 Income and Expenditure Gross Domestic Product (GDP) measures total income of everyone in the economy. GDP also measures total expenditure on the economy’s output of g&s. For the economy as a whole, income equals expenditure because every dollar a buyer spends is a dollar of income for the seller. MEASURING A NATION’S INCOME 3 The Circular-Flow Diagram a simple depiction of the macroeconomy illustrates GDP as spending, revenue, factor payments, and income Preliminaries: Factors of production are inputs like labor, land, capital, and natural resources. Factor payments are payments to the factors of production...
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...as the unit of analysis. Effective managers must be able to analyze systematically the national and international environments in which they operate. This note presents a framework to help them do this. Since government actions shape business environments, that is the starting point for country analysis. In this view, nations have strategic purposes, the capacity to mobilize resources, and the power to affect their economies. The country analysis framework has three interrelated components: strategy, performance, and context. Each of these has economic, political, and social dimensions. All governments have a national strategy composed of explicit or implicit goals and a set of policies to achieve those goals. These lead to performance, which can be judged by assessing how well the country is doing economically, politically, and socially. These outcomes also depend on a country’s context, which has domestic aspects (economic, political, social, institutional, and ideological) and international aspects (trading relationships, political links, multilateral institutions, global industries). In turn, the outcomes affect the context for future strategies. Thus, strategy, performance, and context are interdependent. Country analysis can therefore begin with any of the three components, but requires examining all of them. Country analysis is not a mechanistic or deterministic process; it requires critically interpreting data, analyzing causal relationships, and assessing...
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...What is Environmental Justice? http://www.epa.gov/compliance/environmentaljustice/ Abstract- Among evidence of environmental injustice is the fact that three out of five African-Americans and Hispanics, and nearly half of all Native Americans, Asians and Pacific Islanders live in communities with one or more uncontrolled toxic waste sites, incinerators or major landfills. A recent Greenpeace study found that minorities make up twice as large a population share in communities with these unwanted sites as in communities without them. In 1980 the average minority population near a landfill or hazardous waste facility was about 22%; in 1994 it was 36%. I. INTRODUCTION People of color in the United State and around the world are subjected to a disproportionately high level of environmental health risk in their neighborhoods and on their jobs. Minorities, who tend to be poorer and more disadvantaged that other residents, work in the dirtiest jobs where they are exposed to toxic chemicals and other hazards. More often than not they also live in urban ghettos, barrios, reservations and rural poverty pockets that have shockingly high pollution levels and are increasingly the site of unpopular industrial facilities, such as toxic waste dumps, landfills, smelters, refineries and incinerators. Environmental Justice combines civil rights with environmental protection to demand a safe, healthy, life-giving environment for everyone. II. ORIGIN In 1987 the Reverend Benjamis Chavis...
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...Telecommunications and Economic Development: Empirical Evidence from Southern Africa by James Alleman Carl Hunt Donald Michaels Milton Mueller Paul Rappoport Lester Taylor 2 International Telecommunications Society • Sydney TABLE OF CONTENTS 1 Executive Summary1-5 1.1 Methodology / Economic Analysis 1-2 1.2 Reasons for Under-Investment in the Telecommunications Sector 1.3 Conclusions 1-3 2 Overview 2-1 2.1 Introduction 2-1 2.2 Purpose of this Paper 2-1 3 Methodology 3-1 3.1 Literature Review 3-1 3.1.1 Macroeconomic statistical studies 3.1.2 Policy Implications 3-6 3-3 4 Data 4-1 4.1 Data Deficiencies for Southern Africa 4-1 4.2 Data Problems 4-2 4.3 Limited data 4-2 5 Results 5-1 5.1 GDP and Telephone penetration 5-2 6 Conclusions Error! Bookmark not defined. 7 Selected Bibliography and References 7-1 1-2 4 International Telecommunications Society • Sydney "... telecommunications policies affect not only telecommunications..., but also the economic development... and social, cultural and political growth." Pekka Tarjanne1 1 Executive Summary 2 Many countries in the developing world must decide how to best allocate scarce resources for improved economic development. An ITU study of telecommunications and development, The Missing Link, concluded that "telecommunications can increase the efficiency of economic, commercial, and administrative activities, improve the effectiveness...
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...sidetracked into existing, glamorous, messy, dangerous – and costly – adventure in locations about which they know and understand very little, and often care even less, except from the point of view of financial return. Glonalisation is a process whereby organizations seek to establish a presence in the majority of countries, markets and communities of the world. Globalization (or globalisation) describes a process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of communication and trade. The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors. The term can also refer to the transnational circulation of ideas, languages, or popular culture through acculturation. [Que : 2] Define : Global Strategy and its benefits : Ans : Global strategy as defined in business terms is an organization's strategic guide to globalization. A sound global strategy should address these...
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...Curriculum Source References The following references were used in the CFA Institute-produced publications Quantitative Methods for Investment Analysis, Analysis of Equity Investments: Valuation, and Managing Investment Portfolios: A Dynamic Process. Ackerman, Carl, Richard McEnally, and David Ravenscraft. 1999. “The Performance of Hedge Funds: Risk, Return, and Incentives.” Journal of Finance. Vol. 54, No. 3: 833–874. ACLI Survey. 2003. The American Council of Life Insurers. Agarwal, Vikas and Narayan Naik. 2000. “Performance Evaluation of Hedge Funds with OptionBased and Buy-and-Hold Strategies.” Working Paper, London Business School. Ali, Paul Usman and Martin Gold. 2002. “An Appraisal of Socially Responsible Investments and Implications for Trustees and Other Investment Fiduciaries.” Working Paper, University of Melbourne. Almgren, Robert and Neil Chriss. 2000/2001. “Optimal Execution of Portfolio Transactions.” Journal of Risk. Vol. 3: 5–39. Altman, Edward I. 1968. “Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy.” Journal of Finance. Vol. 23: 589–699. Altman, Edward I. and Vellore M. Kishore. 1996. “Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds.” Financial Analysts Journal. Vol. 52, No. 6: 57−63. Altman, Edward I., R. Haldeman, and P. Narayanan. 1977. “Zeta Analysis: A New Model to Identify Bankruptcy Risk of Corporations.” Journal of Banking and Finance. Vol. 1: 29−54. Ambachtsheer, Keith, Ronald Capelle, and...
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...Conclusion Reference List Review of the causes of the 2008 Financial Crisis in US. Abstract This paper seeks to summarize a stream of research that has delved into the major causes of the financial crisis in 2008. More precisely, we will be looking at a combination of causes such as the sub-prime mortgage crisis, the mortgage backed security, the collateralized debt obligation as well as how the incidental credit-default swap contributed to the incident. This paper will begin from analyzing the past, when it happened and how it built up and resulted in the financial crisis. The significance of this literature review seeks to give a simplified explanation of the financial crisis of 2008 and will be useful for the people unversed in economics or finance but wish to have a basic understanding of its causes and history. The Tech Bubble During the early 2000, numerous companies and individuals bought new operating systems that were Y2K-ready in fear that the “Y2K” problem would cause computer systems to malfunction. This had allowed technology companies to generate obscene amounts of revenue. At one point, the telecommunications giant, Nortel, owned one third of the stock markets in Canada (Wahl 2009). As a result, stock prices of these companies started to increase rapidly and this led to...
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...Citation Guide 2 0 1 1 – 1 2 A CA DE M IC YEA R Copyright © 2002–2011 by the President and Fellows of Harvard College. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means without permission of the Harvard Business School. Harvard Business School must reserve the right to make changes at any time affecting policies, fees, curricula, courses, degrees, and programs offered (including the modification or possible elimination of degrees and programs); rules pertaining to conduct or discipline; or any other matters cited in this publication. While every effort has been made to ensure that this publication is accurate and up to date, it may include typographical or other errors. If you have any comments about this guide, please contact rreiser@hbs.edu or infoservices@hbs.edu. Printed November 2011. Table of Contents Citation Conventions About This Guide.............................................................................................................................................. 5 Purpose of Citations .......................................................................................................................................... 5 What to Cite ...................................................................................................................................................... 5 Types of Citations: Footnotes, Source Lines, and Bibliographies .........
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...Murdoch Business School Working Papers Factors Affecting the GRI Disclosures in the Annual Reports of Australian State Government Departments Dr Maria Mucciarone Murdoch Business School Professor Greg Tower - Curtin University Professor Mike Garner - Salisbury University Working Paper No.3 February 2012 The views presented in this paper are those of the author(s) and do not necessarily reflect those of the Murdoch Business School or Murdoch University. Working papers are considered draft publications for critical comments by colleagues and will generally be expected to be published elsewhere in a more polished form after a period of critical engagement and revision. Comments on this paper should be directed to the authors at m.mucciarone@murdoch.edu.au; Greg.Tower@cbs.curtin.edu.au; rmgarner@salisbury.edu.au © Copyright is held by the author(s) of each working paper: No part of this publication may be republished, reprinted or reproduced in any form without the permission of the paper’s author(s). National Library of Australia. ISSN: 1837-6371 Factors Affecting the GRI Disclosures in the Annual Reports of Australian State Government Departments Abstract Purpose: Growing concern over the environmental impact of climate change and carbon tax has increased demand for public disclosure on how government departments are fulfilling their social and environmental obligations. The purpose of this study is to identify what factors influence Australian State government...
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...Volume 10, Issue 3 Fall 2010 No Double Dip On July 5th, 6th, and very early on the 7th of this year, I engaged in 70 minutes of rigorous stationary biking, a full cycle of weightlifting, and my daily stretching regimen. Oh sure, I had some hip pain and a sore knee, but at age 59, I was rocking and rolling. In this regard, I was not unlike the U.S. economy in 2005-April 2007, which was doing great in spite of some fundamental problems. Then in the course of a few hours on July 7th, I was unable to walk more than a few steps after having a hip replaced. Just like the U.S. economy in late 2008, my infirmity had taken me down a few notches! My subsequent recovery was remarkably similar to that facing the U.S. economy: a satisfactory recovery to unremarkable mediocrity. As I describe my recovery, bear in mind that the U.S. economy shed 8.4 million jobs and 4.1% of GDP in roughly 18 months. This is a lot of economic damage. On July 8th, I was able to walk twice a day for 20 minutes, bearing weight on crutches, lifting light hand weights, and doing simple leg therapy. By July 19th, I did not need any pills or a cane, and was able to walk an hour twice a day at a 23-minute-mile pace. By August 19th, I biked at full resistance for 50 minutes, walked 15-minute-miles for an hour, actively lifted leg weights, Thru Latest Available as of Sept 20, 2010 3.0 $420.5 20.5 1.9 960.1 $418 15.8 6.3 1,458.0 723.0 -50.0 261.0 681.0 15.8 4.5 20.0 93.9 -2.3 2.4 -190.2 $305.1 -$351.9 On the...
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...Juvenile Justice and Rehabilitation When discussing rehabilitation or punishment for juvenile delinquents, I believe there should be rehabilitation over punishment. Granted there are numerous cases that completely warrant punishment, but punishment isn’t always the answer. Adults are usually given second, third and fourth chances to change their lives. And sometimes rehabilitation isn’t involved. I believe since adolescents still have plenty of time to get counseling or learn about themselves and why they acted the way they did, there is always an opportunity for them to change. Adolescents don’t have the same thought process as adults. They tend to react emotionally, so if their emotions are flying high, adolescents aren’t always able to stop themselves from doing something foolish or harmful to others. This is also the point in their life when they are becoming curious about how their bodies are changing. Also add in drug or alcohol experimentation and that’s a recipe for trouble. There are numerous supporters for rehabilitation, just like there are individuals against it. As long as there is a juvenile justice system, there will always be a debate. One person that agrees with rehabilitation is Kurt Kumli, a supervising deputy district attorney for the Santa Clara County’s Juvenile Division in California. Mr. Kumli (2001) stated that there are different methods that work on different kids. But the one thing that is constant, is the need to get to the kids “sooner, than...
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...Problem in the U.S. SOCIAL PROBLEM Educational Inequality: A Social Problem In the U.S. Introduction: The goal of education is to make sure that every student has a chance to excel, both in school and in life. Increasingly, children's success in school determines their success as adults, determining whether and where they go to college, what professions that they enter, and how much they are paid. Why is that getting a good education is dependent upon a person’s socioeconomic status? Education is a right in the U.S, but it seems to be accessible for the privilege. Why do we have inequality in education? Let’s look at different views explaining some possible causes or contributors to this issue. “Social inequality is the expression of lack of access to housing, health care, education, employment opportunities, and status. It is the exclusion of people from full and equal participation in what we, the members of society, perceive as being valuable, important, personally worthwhile, and socially desirable. Economic inequality is expressed through the unequal distribution of wealth in society. This has obvious ramifications in terms of the unequal distribution of what that wealth may purchase; housing, health care, education, career prospects, status - in our society, access to all these things is largely dependent on wealth. Because of the nature of our society - post industrial, competitive, capitalist, commercially driven and consumer oriented - economic inequality and...
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...Business School, the University of Michigan Business School, and the Aspen Institute’s Initiative for Social Innovation through Business provided invaluable support for this project. Misery Loves Companies: Whither Social Initiatives by Business? Abstract Companies are increasingly being asked to provide innovative solutions to deep-seated problems of human misery. Organization and management scholarship can play an important role in understanding and guiding possible corporate responses. Theory and research to date have sought to reconcile possible corporate responses with economic premises about the purpose of the firm. Our goals in this paper are to reorient the debate and to spark new research about social initiatives by business. Acknowledging that firms already make such investments, we try to stimulate a fresh agenda for organizational scholarship in three ways. First, we depict the hold that economic reasoning has had on how organization theory conceives of the relationship between the firm and society. Second, we examine the consequences of this...
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