...into employment. As inequality has moved higher up the political agenda in rich countries, there has been a flurry of research papers looking into the link between inequality and growth. Clear conclusions have been difficult to achieve because economic theory is ambiguous and the subject has been plagued by research finding spurious associations in the data rather than meaningful causal relationships. Higher inequality can hinder growth by destroying trust in society, hitting investment in skills and reducing demand growth for goods and services from poorer families who tend to spend more of their incomes. But it also provides greater incentives for people to strive to climb the ladder of opportunity and can provide necessary savings to finance investment and growth. Janet Yellen, chairwoman of the Federal Reserve, said this autumn that these conflicts of theory ensured that “society faces difficult questions of how best to fairly and justly promote equal opportunity”. Statistical results showing inequality as bad for growth have also come under surprise fire from professor Paul Krugman, the Nobel Prize-winning economist and...
Words: 3840 - Pages: 16
...is the study of the role of government, politics and collective human behavior in shaping economic outcomes. This exciting field is both old and new. Political economy predates both political science and economics but only reemerged as a distinct field in the 1960s and 70s. It is concerned with understanding how political forces (broadly defined) shape and are shaped by economic ones (broadly defined). There are many research and policy-relevant questions addressed in this field: 1. What is globalization and is it really good for everyone? 2. Is free trade really the only “appropriate” means for international exchange? 3. Why are some countries or regions rich while others struggle? 4. How did the global casino of high finance emerge and what is its purpose? 5. Is economic performance the root of power or power the root of economic performance? 6. What should be the role of government in the economy? 7. Is there a best practice for government economic policy or are there many workable practices? 8. Why has Asia seemed to perform so well over the last 30 years while Europe appears to have stagnated? 9. Does a rising tide really life all boats? This is a critical class. Although I have my theoretical inclinations, I hold no sacred cows in terms of theories or approaches. Capitalism, socialism, economic liberalism, mercantilism and any other “ism” are all open for support, criticism and analysis. It is my hope we will be able to have...
Words: 1381 - Pages: 6
...Charles University in Prague Faculty of Social Sciences Institute of Economic Studies Syllabus JEM 044 International Finance Summer term 2014 Instructor: Pavel Vacek(lectures) Office: 508 E-mail: vacek@fsv.cuni.cz Office hours: by appointment via email Credits: 6 Teaching Assistant: Ihor Kruchynenko (grading, seminars) E-mail:kruchynenko@gmail.com Office hours: by appointment via email Lectures: Tuesday11:00 am – 12:20 pm, room 109 Seminars: Tuesday 3:30 pm – 4:50 pm, room 109 Summer term teaching period: Feb 17, 2014 – May 16, 2014 Examination period: May 26, 2014 – June 30, 2014 and Sep. 1, 2014 – Sep. 12, 2014 Dean’s day (no classes, building closed): April 18, 2014 (Friday) Rector’s day (no classes, building closed): May 14, 2014 (Wednesday) Objective: The aim of this course is to provide an integrated view of international financial markets and the management of multinational firms. The focus will be on money, liquidity, the international payment mechanism, the markets for spot exchange, understanding forward exchange rates, using forwards for international financial management, and capital budgeting. We will discuss managing exposure to exchange rates and country risk, and financing in international capital markets. Required reading: a) The most important will be your class notes from lectures. b) Sercu, Piet (2009). International Finance: Theory into Practice, Princeton University presss. (available ONLINE and also in our library) Focus on chapters: 1, 2, 3, 4, 5...
Words: 856 - Pages: 4
...The Blue Chip Investment Company FIN510A - Finance The Blue Chip Investment Company - Team Members: Pragadeshwara Raja Chinnapan (Prag) – Chief Investment Officer (CIO) Soumyonil Bose (Neil) – Chief Executive Officer Archana Gondi - Chief Financial Officer Shalini Suresh - Chief Operating Officer Eric Gunho Bae - Chief Risk Analyst The Blue Chip Investment Company Blue Chip Investment Company is a stock management firm that aims to produce superior investment returns by aggressively seeking capital appreciation in rising markets. The Blue Chip investment Corp. was founded by Eller MBA’s Prag, Neil, Archana, Shalini, Eric with an initial investment of $250,000 from each stakeholder. We endeavor to maintain a portfolio of stocks that generates high profits over a short period of time for the stakeholders. Our goal is to maximize stakeholder wealth by making opportunistic short-term investments based on proactive investment research and a disciplined strategy. Our Strategy Our company’s short term strategy is to invest in US Retail industry’s top performing stocks. We are specifically targeting the high retail stock returns during this US holiday season. The US Retail Industry The National Retail Federation (NRF) estimates that U.S. retail sales will rise 3.9% during this holiday season, overshadowing last year’s growth of 3.5%. Sales during the months of November and December are estimated at $602.1 billion. NRF also forecasts a 13%-15% rise in online holiday sales to $82...
Words: 1049 - Pages: 5
...APPLICATION FOR EMPLOYMENT Thank you for applying for a position at Matalan. Your details will be treated in the strictest confidence. In order for your application to be processed, please complete all sections using BLOCK CAPITALS. All candidates invited for an interview will be asked to produce proof of eligibility to work in the UK, failure to do so will lead to your application being declined. POSITION APPLIED FOR: (Please tick appropriate box) Retail: General Sales Assistant Stockroom Assistant Cash Administrator Full-Time Part-Time Management Store Manager Deputy Manager Department Manager Administration Manager LOCATION/STORE: Head Office: Buying Central Operations Corporate Purchasing Design Finance Human Resources Marketing Payroll Quality Control Retail Operations Sourcing Store Development Supply Chain Technical Services Distribution Centre: Central Merchandising Merchandising Business Risk Travel Department Other Team Member Clerk Team Trainer Supervisor LOCATION: Skelmersdale Knowsley Corby Where did you hear about the vacancy? (Please tick appropriate box) Job Centre Newspaper If other please specify Friend / Family In Store Poster/Banner Matalan Website Other Recruitment Website Please Specify Personal Details FIRST NAMES: TELEPHONE NUMBER: MOBILE NUMBER: FULL POSTAL ADDRESS: SURNAME: E-MAIL ADDRESS: POSTCODE: Age Will you be aged 16 or over as of 1st July on the year of this application? (Please tick as appropriate) Expected salary/rate of pay:...
Words: 1160 - Pages: 5
...where you always know you will get the best of everything. TUJAR Lounge & Restaurant will feature a cozy dining room and an elegant lounge, comfortable furnishings and decor with soothing warm tones. The lounge will have a comfy couches and antique love seats with a softly lit bar. It will be the perfect place to stop in for a bite to eat, for a drink or for a small business meeting. For extra comfort and to please a large group of people we will make up special hors d' oeuvre platters for customers. The menu will be inspired from different countries' specialties and appeal to a diverse clientele. You can go a little bit more International and choose a red curry chicken with basmati rice, or an Asian grilled shrimp with spinach, tofu and black bean sauce. We will also have a special pasta dish entree every day plus the 'all American meal' such as barbecue beef ribs and baked beans. Adding value will be an interesting business lunch menu with specialties every day. The menu will change every 3-4 months but keep the favorites. Prices will be competitive with...
Words: 2042 - Pages: 9
...times in a week. The father has his BSN and the mother has her associate degree. Both of them come from the same country, West Africa (Ghana) but from different Home town. The father’s mother is a Queen mother in their home town. The mother lost both parents in one year. They both come from a big family, the mother has five sisters and the father has nine siblings. The father moved to the USA 15years ago and the mother 10yrs ago. All the kids were born in Columbus, Ohio. The family moved to Mesa Arizona last September. There were stressful situation that went on during the relocation. The kids became stress up because of new school, and making new friends and change of their environment. The mother was more stress because she had friends to help with baby sitting and friends who were like family to talk to in Columbus. The father was more stress on leaving his friends he has fun with and the cultural functions he attends during weekends. There was no family or friends in mesa Arizona; everything was start afresh by the family. Both the father and mother are Christians but the mother is a catholic and the father is a Pentecostal. The mother recites the Rosary and read the bible less but goes to church 3times a week. The father goes to church only on Sundays but reads the bible frequently. The father was brought up by traditional parents who were not Christians but he was encouraged to go to church by his parent and siblings. Father and mother believe in their culture and traditions...
Words: 1063 - Pages: 5
...on how they can become more profitable to consumers again. To improve sales and their image, JC Penny close their catalog business, outlet stores, exit the drug store business, and closed under-performing stores (Booten, 2011). With this reformation, many people were laid off. Problem Statement JCPenny had set the top company priority as making sales for the quarter. With downsizing, JCPenney changed their image and logos. Figure 1 display the logos for JC Penney over the years. The problem that JC Penny is facing is consumer spending. The majority of their customers were middle-class American who lost their job in the Recession of 2009. With most companies, JC Penny did not change with the time. It was struck in their old ways of during business. As a major...
Words: 2504 - Pages: 11
...BUSINESS REQUIREMENTS A. BUSINESS ORGANIZATION Incorporators refer to corporators who are mentioned in the articles of incorporation as originally forming and composing the corporation and who executed and signed the articles of incorporation as such. All incorporators are family related to Ms. Lucia Linsangan. Ms. Lucia Linsangan has the major contribution to the Linsangan Corporation. She will also act as the president of Meat Match Company. Table 9.0 |Contribution of Incorporators | |Incorporators |Contribution | | |Cash |Property |Total | |1. Lucia B. Linsangan | 1,000,000.00 |864,225.00 |1,864,225.00 | |2. Elmer B. Linsangan | 500,000.00 | | 500,000.00 | |3. Elden B. Linsangan | 500,000.00 | | 500,000.00 | |4. Porfilio Bueno | 500,000.00 | | 500,000.00 | |5. Joseph Bueno |500,000.00 | ...
Words: 11522 - Pages: 47
...Running head: Ethnic Diversity Ethnic Diversity: Jewish American Grand Canyon University: TSL - 545 August 31, 2011 Ethnic Diversity: Jewish American Jewish Americans are unique among American immigrants in that their sense of unity was not linked to a nationality. The Jews are unified by religion and tradition rather than by national origins (Bennett, C., 2007). Judaism is based on the expression of a covenantal relationship with God. This religion and its congregation play a role in how society of today came to be. Jews in the Mediterrean owned large landed estates and were important political figures, bankers, and industrialists. Jewish wealth, in fact, was used to help finance the explorations of Columbus (Bennett, C., 2007). However, Conditions changed suddenly in 1492 when Ferdinand and Isabella decreed that Jews either convert to Christianity or be expelled. Some Jews pretended to convert, remained in Spain, and practiced their faith in secret. Others fled to the eastern Mediterranean, and still others came to the American colonies, which were known for greater religious freedom (Bennett, C., 2007). In the 1800s, the Jewish American community was comprised of majority Germans. These Jews differed from Mediterranean Jews who originally immigrated by not developing Jewish communities. Instead, they spread out across the United States working as small tradesmen and professionals serving the non-Jewish citizens (Bennett, C., 2007). These German Jews...
Words: 1290 - Pages: 6
...Recently, finance headlines have all been about the US government shutdown and debt ceiling. Last Oct. 1, the US experienced its 1st government shutdown in 17 years. Since the shutdown of Oct. 1, the US stock market had been down almost every day while global stock markets experienced a roller coaster ride. This changed last Thursday when a glimmer of hope started to surface. Over the weekend, American politicians engaged in marathon discussions to solve the US government shutdown and the US debt ceiling problem. Despite the gravity of the situation in the US, some of our readers and investors are still not familiar with it. They have been asking us how this will affect our economy and stock market. Philequity Corner was conceived with a mission of educating the investing public. As part of our educational mandate, we shall discuss in this article the problems that the US is experiencing. Moreover, we shall explain how these might affect the global economy, global stocks and in particular, the local stock market. What is the US government shutdown? A government shutdown takes place when the US Congress fails to allot funds for the incoming fiscal year. This last happened in October 1995 and this current shutdown started in Oct. 1. To date, the US government has been shut down for almost two weeks already. The shutdown closed certain parts of the US government that are deemed non-essential. Some examples of these are national parks and monuments, certain services for veterans...
Words: 1433 - Pages: 6
...This is so shocking.. ..If black money deposits was an Olympics event.. India would have won a gold medal hands down. The second best Russia has 4 times lesser deposit. U.S. is not even there in the counting in top five! India has more money in Swiss banks than all the other countries combined! Recently, due to international pressure, the Swiss government agreed to disclose the names of the account holders only if the respective governments formally asked for it.. Indian government is not asking for the details... ..no marks for guessing why? We need to start a movement to pressurize the government to do so! This is perhaps the only way, and a golden opportunity, to expose the high and mighty and weed out corruption! . Please read on..and forward to all the honest Indians to.. like somebody is forwarding to you... and build a ground-swell of support!for action ! . Is India poor, who says? Ask the Swiss banks. With personal account deposit bank of $1,500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country's foreign debt, one needs to rethink if India is a poor country? DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum of about $1500 billion, which have been misappropriated by them. This amount is about 13 times larger than the country's foreign debt. With this amount...
Words: 11582 - Pages: 47
...Australian School of Business School of Banking and Finance FINS 2624 Portfolio Management Course Outline Semester 2, 2012 Part A: Course-Specific Information Part B: Key Policies, Student Responsibilities and Support Table of Contents 0 PART A: COURSE-SPECIFIC INFORMATION 1 2 2.1 2.2 2.3 2.4 2.5 3 STAFF CONTACT DETAILS COURSE DETAILS Teaching Times and Locations Units of Credit Summary of Course Course Aims and Relationship to Other Courses Student Learning Outcomes LEARNING AND TEACHING ACTIVITIES 1 1 1 1 1 1 2 2 3 3 4 4 4 5 6 6 5 6 7 1 2 2.1 2.2 2.3 2.4 2.5 3 4 COURSE RESOURCES COURSE EVALUATION AND DEVELOPMENT COURSE SCHEDULE ACADEMIC HONESTY AND PLAGIARISM STUDENT RESPONSIBILITIES AND CONDUCT Workload Attendance General Conduct and Behaviour Occupational Health and Safety KeepingInformed SPECIAL CONSIDERATION AND SUPPLEMENTARY EXAMINATIONS STUDENT RESOURCES AND SUPPORT 7 7 8 1 1 1 1 1 2 2 2 2 4 3.1 Approach to Learning and Teaching in the Course 3.2 Learning Activities and Teaching Strategies 4 ASSESSMENT 4.1 Formal Requirements 4.2 Assessment Details 4.3 Late Submission PART B: KEY POLICIES, STUDENT RESPONSIBILITIES AND SUPPORT PART A: COURSE-SPECIFIC INFORMATION 1 STAFF CONTACT DETAILS Lecturer-in-charge: Joakim Bang Room 311 Phone No: 9385 55484 Mobile: 04 0870 7830 (please keep it roughly within office hours) Email: j.bang@unsw.edu.au Consultation Times: Mondays 15:00 to 17:00, ASB 311. That's in my office in the west wing of the ASB building. Please...
Words: 4844 - Pages: 20
...Most academic studies of school finance, sooner or later, ask us to consider the same question: 'How can we achieve more equity in education in America?" A variation of the question is a bit more circumspect: “How can we achieve both equity and excellence in education?" Both questions, however, seem to value equity as a desired goal. But, when the recommendations of such studies are examined, and when we look as well at the solutions that innumerable commissions have proposed, we realize that they do not quite mean 'equity" and that they have seldom asked for 'equity." What they mean, what they prescribe, is something that resembles equity but never reaches it: something close enough to equity to silence criticism by approximating justice, but far enough from equity to guarantee the benefits enjoyed by privilege. The differences are justified by telling us that equity must always be "approximate" and cannot possibly be perfect. But the imperfection falls in almost every case to the advantage of the privileged. In Maryland, for instance, one of several states in which the courts have looked at fiscal inequalities between school districts, an equity suit filed in 1978, although unsuccessful, led the state to reexamine the school funding system. When a task force set up by the governor offered its suggestions five years later, it argued that 100 percent equality was too expensive. The goal, it said, was 75 percent equality-meaning that the poorest districts should...
Words: 3348 - Pages: 14
...Nueva Ecija University of Science and Technology Gen.Tinio Campus Cabanatuan City March 8, 2013 Roxanne A. Castro Professor NEUST Dear Ma’am: We would like to acknowledge that we have received document. We are currently examining it and if there are no issues to be addressed, the signed document will be returned to you within five business days. If there are any further concerns regarding the document, we will contact you by second week of this month. Thank you for your continued trust in our school and we look forward to doing business with you in the future. Respectfully yours. JOEHL CZAR BAUTISTA Nueva Ecija University of Science and Technology Gen.Tinio Campus Cabanatuan City March 8, 2013 Roxanne A. Castro Professor NEUST Dear Ma’am: I wonder if you would mind helping me study? I need to score well to enter a graduate program at NEUST University, but am having difficulty completing the math problems that require more than simple algebra. Because you recently graduated with a degree in mathematics, you are naturally the most qualified person for me to turn to. I promise not to monopolize your time--just enough to help me remember some of the calculus...
Words: 1163 - Pages: 5
