The economic effects of tsunamis

Tsunamis (Japanese for “harbour wave”) are form in large open bodies of water, such as oceans, seas, and large lakes, caused by a rapid displacement of water. Whilst tsunamis are in fact classed as waves, they do not form in the conventional manner. For example, a regular wave can be formed via friction from surface … Read more

Final Paper Outline and Annotated Bibliography (China Economic Reform)

 Final Paper Outline and Annotated Bibliography 1. Introduction: An overview of China’s economic reform. (1 page) a. Abstract: This paper examines the past, present and future of the China Economic Reform implemented since 1978. Specifically, interpreting the economic and political background that leads up to the reform, investigating the successes and failures in economic, political, … Read more

Attacks on democratic institutions in Third Wave democracies

Introduction Civil liberties and political rights in countries across the world are at their lowest point in a decade in 2017 with over seventy one countries experiencing a net decline in individual freedoms and democratic rights according to a FreedomHouse report (1). In fact, 2017 marked the 12th consecutive year of decline in global freedom … Read more

Wealth of Nations – Adam Smith

Man, a Self-Maximizing Agent With Wealth of Nations, Adam Smith essentially engraved his name in the history of Economic Sciences as the champion expositor of modern day economic thought. His reverence rests on his argument on rational economic behavior being backed by self-interest – a euphemistic persona of greed – and how that very behavior … Read more

Economics and Geography can work side by side

Economics and Geography can work side by side, hand in hand, an unusual combination, as one would normally link Business and Economics as the ideal marriage. A concept I have been exploring since being inspired by my first Model United Nations conference in Thailand, whereby the debate was on how economic growth impacts the environment. … Read more

Womenomics – using gender equality as a mask for economic motives

Introduction According to the Global Gender Gap Report in 2017, Japan ranks 114 out of 144 countries surveyed for gender equality (Economic World Forum, 2017, p. 11). Japan specifically struggles in terms of economic participation and opportunity, and political empowerment. In recent years, particularly since Prime Minister Shinzo Abe’s election in 2012, the Japanese government … Read more

Economic case for launch of new product (Gluten Free Bread)

Managerial Economics Assignment 1.0 Introduction The purpose of this paper is to present the economic case for the launch of a new product, designated a ‘Gluten Free’ (GF) Bread. 2.0 Domestic economic landscape “Almost every economy in the modern world falls somewhere along a continuum running from pure market to fully planned” (Investopedia, 2016). As … Read more

Zimbabwe economic situation

Zimbabwe is a developing country located in the southern parts of Africa. The country has gone through tough economic situations that have seen hyperinflations and collapse of financial infrastructure in the country. Banks, prices of commodities, and the value of the currency experienced a massive drop in the late 1990s. Zimbabwe's currency is the Zimbabwean … Read more

Review of KEYNES: THE RETURN OF THE MASTER: ROBERT SKIDELSKY.

London, England: Peguin Books, 2010 2007 sub-prime mortgage crisis was a milestone for a global financial system which affected financially and also intellectually. It came to light that there is no free market efficiency nor an invisible hand and we need Keynes. Robert Skidelsky in his Keynes: The Return of the Master book examined the … Read more

Events that lead China’s government to apply reforms

Just a few bunches of people could have imagined how much economic and social grow China would have in the next 40 years after Deng Xiaoping developed economic reforms and introduced open door policies. China’s economy suffered major changes since the reforms by opening certain zones of the mainland and also creating beneficial conditions for … Read more

Impacts of Globalisation on the Economy

Globalization has numerous extensive effects on our lives. It inevitably produces simultaneous benefits and setbacks for humanity. The emission of carbon dioxide has rapidly increased, ever since the global market was made. In regard to the negatives, globalisation leads to the destruction of natural land and the resources it provides us with. Pollution is a … Read more

Hegemonic power necessary for progress in the global economy

Pax Britannica demonstrates that the existence of a hegemonic power is a necessary foundation for progress in the global economy. Discuss. Introduction What is hegemony? Firstly, it is necessary to understand the definition of the word hegemony, which has its origins from the Greek word that translates simply as ‘dominance over’ and that was used … Read more