Bernanke and Gertler (2000) categorise bubbles as episodes that are difficult or impossible to identify even after the fact. They warn that there is no form of monetary policy that can be used to safely pop a bubble and that any steep action taken by…
Description of issue Venezuela is currently in the middle of a massive political and economic crisis. There has been hyperinflation with increases in disease, crime, hunger, deaths and massive amounts of people have been emigrating out of Venezuela. Economists from The Economist and the New…
In 1820 free workers established the first Australian Unions in Sydney and Hobart Succeeding this; by the late 1930s unions had rapidly spread throughout the nation, with 400 unions formed between the years 1850 to 1869. Today there is nearly one hundred unions in Australia,…
One of the most important factors that is a driver for financial growth in any economy is the accessibility of credit since it can be used to allocate resources into profitable areas that will in turn lead to growth in production as well as work….
Background of the Study The Most important characteristic of political parties is that they are parties of the elite. In some senses, parties anywhere in the world are elite formations whether one defines elite in functional terms as those who lead or in sociological terms…
Compensation is a major motivating factor in any organization as it directly affects the morale of the employee. As a result, it enables them to work more diligently. In any organizations, the employees are considered among the essential assets, and as such, it is important…
Development is very important to create a just and prosperous society and to achieve a better standard of living for the people. The purpose of development in essence is to increase economic growth oriented to creating as many jobs as possible, creating social justice, and…
Sweatshops are highly practiced in undeveloped countries. This is due to the economy might be poor hence high rate of unemployment. Large companies enable communities to attain employment by assembling companies for manual jobs. Manual jobs can be tiresome however one gets a living to…
Introduction Now a Days, unemployment ratio is getting higher day by day in developing countries among youth, having age of 16 to 24 years. Statistically, 14 percent of world’s population consists of young unemployed, under age of 24 years, and 40 percent of total unemployed…
Introduction With the surplus in food shortages, concerns regarding global warming and the sustainability of the food supply have resulted in several governments attempting to take action. Several activists and scientists believe that countries should not wait for more problems to arise and governments should…
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