Economics essays

1. Introduction 1.1 Background of the Indian Economy Over the last two decades India has made a name for itself in the world economy as an emerging superpower. The inflexion point to this transformation began following the BOP crisis of 1991, when then Finance Minister, Dr. Manmohan Singh, introduced the policies of Privatization, Globalization and … Read more

Investment means the production of goods or capital utilized in the further production of other goods and services.Investment entails sacrificing current consumption in exchange for future utilization and benefits. Investment that accumulates over time compulsorily results in growth termed economic growth. Like every evolutionary stage, Investment started being concentrated on only physical production which created … Read more

Every new method that emerges in risk measurement has been developed by improving the weak aspects of previous models. Researchers and investors discovered those aspects in consequence of past experiences and economic crises in financial markets. For example in 1970’s, fluctuations in interest rates caused high inflation rates which were resulted as economic stagnation in … Read more

Abstract The ruling Ethiopia People’s Revolutionary Democratic Front (EPRDF) in its notable second reform appraisal held in the aftermath of the 2005 national election concluded that the utmost priority of the government should be realizing fastest and sustainable economic growth that fairly benefits its citizens’ unless the very existence of the country wouldn’t be guaranteed. … Read more

Abstract In the early 21 century many Chinese companies ranging from a small shop to medium size enterprises in various industries could be seen positioning themselves in various parts of Africa, and Cameroon in arriving to complement other multinationals from other investing countries like US, UK, France etc. that have been there to a lesser … Read more

1 Introduction As important determinants of investment and consumption decisions, expectations are an important field of research in macroeconomics. Especially in the attempt to un- derstand the dynamics and fluctuations in economies, various theories of expectation formation have been developed. As a first model, the theory of adaptive expectations assumed businesses and individuals to form … Read more

Living after the End of History, in which there is “no alternative” to neoliberal capitalism, defending any form of planned economic relations is seen as harmlessly anachronistic at best or outright malevolent at worst. After all, the decay and final implosion of the Eastern Bloc regimes seemed to confirm once and for all the moral … Read more

Living after the End of History, in which there is “no alternative” to neoliberal capitalism, defending any form of planned economic relations is seen as harmlessly anachronistic at best or outright malevolent at worst. After all, the decay and final implosion of the Eastern Bloc regimes seemed to confirm once and for all the moral … Read more

This part of the paper attempts to provide a brief summary of David Ricardo’s concept of comperative advantage and Samuelson and Jones’ Specific Factor model, as well as indicating a comparison between the two, alongside with their merits and shortcomings. In 1776, Adam Smith in his An Inquiry into the Nature and Causes of the … Read more

What Happened? Background Information, Statistics, and More Three years ago, on the 25th of April 2015, the worst earthquake since 1934 devastated Nepal, creating massive damage and loss of human lives. The earthquake measured a 7.8 magnitude on the Richter scale, impacting roughly 8 million, injuring over 22,000, and killing nearly 9,000 individuals. To escalate … Read more

We are going to go over the terms fiscal policy and the types of fiscal policy that can be implemented in helping the economy out of a recession or to help the government by raising taxes. From my understanding, not all of this is very black and white and easy to understand. So, I hope … Read more

Introduction   Since the reform and opening-up policy was launched in 1978, China is undergoing a giant transformation. It has been progressively assertive in an international arena. Owing to Deng Xiaoping’s era, the socialist market economy orientation has been steadfastly promoted. Urbanization has been rapidly constructed and economic achievement has been intensely made. Until 2016, … Read more