Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decisionmaking of an economy as a whole, rather than individual markets. This includes national, regional, and global economies. With microeconomics, macroeconomics is one of the two most general fields i[r]
Lesson 1MACRECONOMICS: The big pictureChapter 14In this chapter we will learn:• ➤ An overview of macroeconomics, the study ofthe economy as a whole, and how it differs frommicroeconomics• ➤ The importance of the business cycle andwhy policy makers seek to diminish the severityof[r]
The need for economic diversification receives a great deal of attention in Russia. This paper looks at a way to improve it that is essential but largely ignored: how to help diversifying firms better survive economic cycles. By definition, economic diversification means doing new things in new sect[r]
This paper analyzes theoretically and empirically the impact of comparative advantage in international trade on fertility. It builds a model in which industries differ in the extent to which they use female relative to male labor and countries are characterized by Ricardian comparative advantage in[r]
nternational Finance is an area of macroeconomics focusing on assessing the relative performance of an economy as a whole in connection with other economies. Microeconomics Vs. Macroeconomics International Economics Vs. International Finance International Trade Vs. International Macroeconomics [r]
After a decade of decentralization reforms in the transition economies, subnational governments in Central and Eastern European countries are now responsible for the delivery of local services. Underlying the hopes and plans for the devolution of responsibilities for local services to local governme[r]
Government policies affect relative prices in the economy and thereby transmit profit incentives to private investors. Economywide policies convey incentives to investors that affect whether to invest based on perceptions of risk, and in Zimbabwe, economywide incentives have tended to discourage ove[r]
This study is purposed to identify major factors that explains the growth path of the Korean economy in the past decades and evaluate their relative contributions. To that end, we present four economic models: Two of them contrast the recent changes in the determination of foreign exchange rate as[r]
Collapsing mineral prices and a steep drop in external demand due to the global downturn of 2008 and 2009 were the external shocks which were transmitted to Mongolia’s economy. This shock exposed underlying weaknesses in the economic structure and policy environment. For example, entering the crisis[r]
... current thinking on WTO- induced global competition for FDI and the lack of empirical evidence on the effect of the regulation policy in Chinese manufacturing industry The main objective of this... with the change in Chinese economic, industrial and regional development after the accession of WT[r]
This paper uses econometric models to estimate factors determining the fishing households income in coastal plain areas of Quang Nam province. The estimation results indicate that the residential characteristics, characteristics of fisheries, characteristics of households socio economic and demograp[r]
The success with which middle income indebted developing countries have gained access to private international finance in the 1990s is a tribute to their own domestic economic performance, international policy in dealing with the debt crisis of the 1980s, and innovations in international financial m[r]
A set of rules, economic and administrative measures, which are used to fulfill the national objectives in its trade area Area of a trade policy: IMPORT EXPORT National objectives: Economic Integration Competitiveness position Tariff, Quotas, TBT, Antidump legislation Subsidies, Exchange rate….
The term “push” and “pull” have been used to explain a wide variety of production inventory systems. The distinction refers to a specific attribute, which can be identified by observing the mechanisms for controlling material flow on the shop floor and a specific policy for the management of invento[r]
small businesses. And with its trade agreement partners, the United States is working to developways for small businesses to take greater advantage of the economic opportunities created by theseagreements. The Administration also is committed to improving women's ability to access fina[r]
In order to promote industrialization and economic growth, the government of Laos introduced a village resettlement programme to bring various ethnic minority peoples from different scattered mountainous villages down to low land areas set up marketoriented, bigger villages. This programme may pleas[r]
Although there has been much to boast about in advanced countries regarding ecommerce as a viable business strategy, many doubt its application to developing countries. Several papers examine individual case studies from advanced developing countries but few have presented a systemic focus on the ec[r]
Albrecht J, Vuuren A. V., Vroman S, (2004). Decomposing the Gender Wage Gap in the Netherlands with Sample Selection Adjustments, Tinbergen Institute Discussion Papers 041233, Tinbergen Institute. Arulampalam, W., Booth, A.L. and Bryan, M.L. (2005) „Is There a Glass Ceiling over[r]
Abstract The transmission of monetary policy is the center of economic studies, this field was renewed in light of the 2008 global financial crisis with arguments about the effectiveness and the determinants of transmission channels especially in emerging markets such as Vietnam which may have[r]