ii. Disabilities and trauma- $3 billion iii. Business interruption/ Training/ Liability losses- $21 billion iv. Lost wages- $ 9.6 billion D. Raising of transactions costs: i. Higher operating costs: Businesses experience higher operating costs, owing to increase spending on security, higher insurance premiums and longer wait times for activities. ii. Shift of resources away from the civilian labor force toward the military: More resources diverted toward military for the use
Words: 1492 - Pages: 6
was the underperformer of the group and had some of the worst business-environment indicators among BRIC countries. “The second Lula administration is committed to a strategy of faster economic growth and higher living standards based on investment promotion, redistributive policies and higher levels of education”. For that Lula solicited his ministers for tax-reform proposals and fiscal incentives that could boost capital investments, mostly in infrastructure, to achieve growth rates of 5% per
Words: 1895 - Pages: 8
decades of innovation in institutions and practices as they seek to accommodate the new environment of global economic integration. Many have learned to facilitate the creation of new economies that have institutionalised incremental change with a changing political consensus, liberating themselves in part from those rigidities that make for extreme vulnerability in conditions of crisis. The same is also true of cities in Latin America and in China. However, elsewhere – including possibly India –
Words: 10131 - Pages: 41
Globalization: Blessing or Curse? As the world is turning into an increasingly interdependent place, the economic efficiency is higher than it has ever been before. Being used to the today’s economic environment it is difficult to imagine that every nation has been completely independent at some point in its history. A simple living without import and export, solely relying on the resources occurring in the own country and necessarily going without goods that can’t be produced with existing resources
Words: 761 - Pages: 4
Philippines’ Economic Future Background For decades, the Philippines could boast of being one of the most highly educated developing countries. Its enrollment rates at all levels of education were higher than those of other countries with comparable, or even higher, income levels. But no longer. Any edge that the Philippines might have had in its human capital has eroded as more developing countries – Indonesia, Malaysia, Thailand, and Vietnam, as cases in point – have achieved higher enrollment
Words: 3857 - Pages: 16
it would increase more likely due to the economic industry. Tuition have risen in the past and it has not stated the same or lowered while economic crisis continues to rise tuition cost would also increase. Explain this process, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment. The tuition fees raises but, it is due to the economic of health care, other industry with a huge
Words: 775 - Pages: 4
various stock market crashes in the past such as the Wall Street crash of 1929, the crash of 1973/74, the 1987 crash; called black Monday, the dotcom bubble of 2000 and the more recent crash in 2008 caused by the subprime mortgage crisis in America. The economic crisis of 2008 which originated in America spread to various economies in the world and their stock markets were affected. It reduced the value of stocks around the world by as much as 41% and affected both major and emerging stock markets
Words: 3951 - Pages: 16
various stock market crashes in the past such as the Wall Street crash of 1929, the crash of 1973/74, the 1987 crash; called black Monday, the dotcom bubble of 2000 and the more recent crash in 2008 caused by the subprime mortgage crisis in America. The economic crisis of 2008 which originated in America spread to various economies in the world and their stock markets were affected. It reduced the value of stocks around the world by as much as 41% and affected both major and emerging stock markets
Words: 3953 - Pages: 16
A College Education Today There are numerous reasons why people yearn for a college education. Most students that were surveyed all seem to have similar answers. I think that would be most logical considering they are already people who have enrolled and believe in a higher education. Many of my findings in both Rereading America and other articles from present day, seem to explain a different side of perspective that is not always talked about amongst students. Perhaps, it is an underlying
Words: 1475 - Pages: 6
THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED ML00002-031/Published 05/2013 Page 1 © MarketLine. This report is a licensed product and is not to be photocopied OVERVIEW Catalyst This profile analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure in the UK. Each of the PESTLE factors is explored on four parameters: current strengths, current challenges, future prospects, and future risks. Summary Key findings The UK has
Words: 22764 - Pages: 92