Free Essays on Economy to Get Inspired & Learn by Example

Causes and Impact of Unemployment in Canada during the Great Recession: Abandoning Keynesian Policies Promoting Social Stability in Favor of Profits

Introduction:

The Great Recession of 2007 and its dramatic negative influence on the Canadian economy underscores the need for global economic regulatory forces which can ensure that the economic imbalances which generated the downturn are not repeated. Policy pressed by the United States was designed to capitalize on the enormous economic opportunity presented in global markets. In short fashion, nations like Canada also sought similar advantage but their actions generated structural defects due to the rapid shift away from Continue reading...

The U.S. Economy from 2004 to 2014

Introduction
The American Economy has faced economic crises from 2004 to 2014. The great recession started in 2008 was the biggest challenge for the American Economy. The American Economy has been based on innovation and consumption. The economy policy implemented in the U.S. was leading people to make higher incomes and spend more inside the country. Spending culture has created a habit of the Americans. Making high income and spending more and more has been accepted as a prestigious behavior among the citizens.
However, the American Economy has faced crises stemming from Continue reading...

Introduction

Malaysia and Egypt are two developing countries with different dynamics and characteristics. The majority of the population in both countries is Muslims. Egypt has a higher population Muslim people than Malaysia does. There are important differences between two countries those make an essential distinction between the economic development performances of the two countries.
Malaysia could create a more balanced political system and social system. There are many minorities living in Malaysia, and the Malaysian system could fit all the minorities into itself. Depending on this success, the political system in Malaysia is relatively more stabilized. A stable political environment Continue reading...

Synopsis

This paper seeks to evaluate the critical aspect of developing sustainable enterprises and the contribution of such enterprises to economic development. Sustainable enterprises are defined as business enterprises that integrate a continuous and holistic process in the attempt to eliminate any harm to the ecological systems and improve the health and vitality of social systems as well as improving the future financial performance of a business and its operations. These enterprises entail taking into account the principles of the three dimensions of sustainability. This implies considering the social, economic, and environmental dimensions and their implications. Furthermore, it entails the Continue reading...

Introduction

The recession that plunged the economy of Canada into depression ended in the middle of 2009. The economic indicators signify growth of the economy. However, the recovery of the economy is not noticeable to the majority of the population since the rate of unemployment is still high. The rate of unemployment would be higher had many people not opted out of employment due to the unsustainable wages. There is concern that the economic growth and expansion experienced all over the world does not bring with it any reduction in the number of the unemployed. The recovery of many countries Continue reading...

Introduction

Central bank is the backbone of a nation’s economy. As the name suggests, it is central to the banking system of a country. It prevents the banking system of a nation to collapse. It has major role to play in all phases of economy, including recessionary phase, stable phase and expansionary phase. As the markets are becoming more mature, the roles and responsibilities of the central banks are increasing.
The objective of this paper is to discuss the key roles of the central bank in an economy. The paper is divided into five sections. The first section provides Continue reading...

Every economy has a unique structure, and this structure has a capacity to produce. The capacity of production determines the number of businesses and the number of available jobs. Thus, an economy has a capacity to produce a certain number of jobs for the people. If the economy can produce the highest possible jobs or close to the highest possible, and almost all the people who are willing to work can find jobs, we might claim that the economy provides full employment. Full employment does not mean every individual who is willing to work can find a job. Fewer Continue reading...

The Effects of the Economic Crises and Recessions on Russia’s GDP Growth Rate since the Past 25 Years

Introduction on Macroeconomic Indicators
There are many factors that an economist, analyst, or even business strategists can use to describe the relative health or status of a country’s economy. Some of the most commonly used economic indicators in assessing the current economic situation in a country include but may not be limited to the annual GDP growth rate (i.e. real, nominal, or on a per capita basis), the unemployment rate, the volatility indexes in the financial and commodities market, the debt to GDP ratio, and the outstanding monetary and fiscal policies in the national and international markets.
In Continue reading...

Understanding international political relationships can be quite difficult to understand especially for the public given the various factors that may be involved in the process. Issues such as political or economic agenda, costs and benefits for both parties and the future implications of such alliance often causes confusion in understanding such relationships. Several studies have already tried to determine as to why states are pushed to various political relationships. One of these studies is the Marxist approach, highlighting that international political relationships are determined by the underlying global capitalist economy. However, with the availability of other studies pointing out Continue reading...

Introduction

The Federal Reserve acts as the guardian of the United States economy. It watches over the largest economy in the world. As a bank of the United States government, the Federal Reserve is authorized to regulate the financial institutions in the country. It dictates the monetary and economic policies, which have profound impacts on citizens around the country. Financial crises are essentially caused by the imprudent lending and borrowing hence it is the role of the Federal Reserve to ensure that the economy returns to normalcy. The present paper explores the role of the Federal Reserve in the economy Continue reading...