settled. The major problem is that the working population is constantly increasing but the creation of new jobs does not run parallel to it. Jobs are very scarce in the nation. This has caused the rates of unemployment to increase gradually. This paper focuses on what the U.S government can do to create jobs. An increase in government spending will definitely translate to creation of more job opportunities for the growing work force. This is mainly because as the government increases its projects
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Chile has been one of the most studied economies in recent history due to its impressive feats during global recessions. Being a small, copper export dependent economy until the 1980s, Chile often went under the radar on the global marketplace. Due to policy changes starting in 1985 and a political regime change in 1990, Chile began to thrive. Chile now boasts an economic model which encourages economic freedom, competitiveness, and investment. This model has allowed for Chile to have the highest per
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trade expanded in the wake of the Industrial Revolution, a more convenient means of financing international trade was needed. T H E G O L D S TA N D A R D • The solution adopted was to arrange for payment in paper currency and for governments to agree to convert the paper currency into gold on demand at a fixed rate. = T H E G O L D S TA N D A R D • 1880: Most of the world’s trading nations including Great Britain, Germany, Japan, and USA adopted the Gold Standard. •
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Course Description Business Economics provides a basic understanding of managerial economics and the impact of the economic environment on business decision making. The course develops micro- and macroeconomic topics, with particular emphasis on marginal analysis and supply and demand considerations. No prerequisite Terminal Course Objectives DeVry University course content is constructed from curriculum guides developed for each course that are in alignment with specific Terminal Course
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with other foreign firms (CAI and LI, 2012). The sovereign debt crisis in European region has raised utmost concern about the financial contagion from numerous quarters especially the media and the agencies charged with the duty of making monetary policies. The intrinsic fear about the ongoing sovereign debt crisis in Europe is that the act of default of a single sovereign country in the Eurozone would rapidly have spillover consequence that
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and Qazi Masood Ahmed* Abstract The purpose of this paper is to analyse the decline in private investment and formulate a comprehensive strategy to overcome this problem, which is the main cause of deceleration in the growth momentum of Pakistan’s economy. Due to lack of investor confidence, private investment has reached its lowest point in the recent economic history of the private sector led growth phase (1978 to 2002) in Pakistan. This paper argues that economic as well as non-economic factors
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Bank Office, Beijing www.worldbank.org.cn www.worldbank.org/china CHINA QUARTERLY UPDATE SUSTAINING GROWTH April 2012 The China Quarterly Update reviews recent economic developments in China, updates the economic outlook and lays out key policy challenges. This issue was produced by Philip Schellekens (task team leader) and Xiaoli Wan, in collaboration with Xiaofan Liu, Philip O’Keefe, Dewen Wang and Min Zhao, and under the overall guidance of Klaus Rohland, Sudhir Shetty, Bert Hofman and
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major economic issue still facing Ireland is the unemployment rate which currently sits at over 14 per cent. Signing this EU treaty will impose tighter fiscal discipline on members by entrenching tougher tax regulations and limiting government spending (Halpin 2012). The overall aim of the treaty is based on the Keynesian theory of using monetary policy to create budget surplus. EU countries will reduce their budget deficits by the strict spending regulations outlined in the treaty. The downside to
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the euro-zone crisis – causes, the crisis and reformation policies (with special reference to greece) the euro-zone ‘The Eurozone’ is the nickname commonly used to describe the member states that use the EU’s single currency, the Euro. The idea of creating a single currency for the European Community was first mentioned in the 1970 Werner report, which led to the establishing of the European Monetary System (EMS), the forerunner of the Economic and Monetary Union (EMU). The Maastricht Treaty
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Seppo Honkapohja The 1980s financial liberalization in the Nordic countries Bank of Finland Research Discussion Papers 36 • 2012 Electronic copy available at: http://ssrn.com/abstract=2190375 The 1980s financial liberalization in the Nordic countries1 Bank of Finland Research Discussion Papers 36/2012 Seppo Honkapohja Monetary Policy and Research Department Abstract The financial liberalization in the four Nordic countries (Denmark, Finland, Norway, and Sweden) that took place
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