Financial Instability
.... instability is raised by the third interpretation; while the fourth
view deals with the “trigger point” phenomena.
To fully comprehend these interpretations we must first understand and
differentiate between a “currency” and “contagion” crisis. A currency crisis
refers to a situation is which a loss of confidence in a country's currency
provokes capital flight. Conversely, a contagion crisis refers to a loss of
confidence in the assets denominated in a particular currency and the subsequent
global transmission of this shock.
One of the more paramount readings of financial instability pertains to
speculation. Specula .....
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Removal Of GM Jobs In Flint
.... to every part of the economy of Genesse county. The
population was on the rise which meant more homes, roads, and businesses. It
was all to good to be true. When Roger Smith (then President of GM) decided to
relocate numerous jobs from the Buick City, it was time for Flint to pay the
piper. The large dependency on GM brought upon a rapid decline in the economy
unparalleled by any city in United States history.
The removal of jobs from GM caused many problems in Flint. Dororthy
Reynolds gave many statistics which proved how much the decline of GM hurt Flint.
She pointed out that since the removal of GM jobs, Flint has become .....
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Floating Exchange Rates: The Only Viable Solution
.... collapsed in 1993, was an attempt
to fix exchange rates within certain tight bands, to coordinate monetary policy
between member nations and to have central banks intervene to keep exchange
rates within the bands when necessary. The reasons for the collapse were myriad,
but, simply put, it happened because Germany, dealing with financial problems in
part arising from its reunification, refused to lower its high interest rates.
This meant other European countries either had to keep their rates equally high
and allow themselves to fall into recession as a result, or devalue their
currency against the mark, a move viewed by many a .....
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Ford Motor Company
.... will result in more variations on each
vehicle platform, increasing the number of vehicles introduced over the next
five years by 50%.
One of the key strategies behind the realignment has been growth. Ford has
launched a variety of new initiatives throughout the world, with joint ventures
for the assembly of vehicles in countries as diverse as China, India, Thailand
and Vietnam. In China, Ford expects to begin production of light trucks with a
company named Jiangling Motors in the near future. In India, Mahindra Ford India
Ltd. will begin manufacture and distribution of Ford products, beginning with
the Ford Escort, in mi .....
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Foreign Aid
.... expecting to get their regular installment of foreign aid will be more
likely to listen to new ideas. Because some countries are so dependent on their
regular installments of foreign aid, they are willing to appease countries such
as the U.S who are giving it. When looked at closely, foreign aid may be
considered an elaborate system of legal bribery. This becomes evident when
countries do what they would normally not consider doing in order to continue
receiving foreign aid. The U.S supplies financial foreign aid to many different
countries; sometimes this foreign aid is in a form of a loan. For example,
recently the U.S. su .....
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Frederick Winslow Taylor: Business Management
.... a person with relevant contributions to the world of management.
Frederick Taylor is affectionately referred to as the “Father of Scientific
Management.” The modern systems of manufacturing and management would not be
the examples of efficiency that they are today, without the work of Taylor.
Frederick Taylor was instrumental in bringing industry out of the dark ages by
beginning to revolutionize the way work was approached. Taylor was able to
increase wages, productivity and reduce per piece costs at the same time.
Taylor's work was eventually adopted in a wide array of applications. Taylor's
ideas had a significant influenc .....
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GDP As A Measure Of The Economy
.... by humanity. The pollution
caused by everyday life such as trash and the pollution caused by factories and
such all damper the economic standings of a nation. While several immeasurable
items are left out of the calculation of GDP, a few things are included that do
not necessarily need top be. When a disaster strikes a community, the costs of
rebuilding are counted in the GDP. The should be counted because it causes work
for some but it also is hurting others.
In summation, GDP is not a competent ranking of the nation's economic
standings. In the determine of GDP, there are too many items left out of the
formula and one .....
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General Motors - Financial Ratio Analysis
.... introduced a line of front-wheel-drive compacts in 1979. Under Roger Smith,
CEO from 1981 to 1990, GM laid off thousands of workers as part of a massive
companywide restructuring and cost cutting program.
In 1984 GM formed NUMMI with Toyota as an experiment to see if Toyota's
manufacturing techniques would work in the US. The joint venture's first car was
the Chevy Nova. GM bought Ross Perot's Electronic Data Systems (1984) and Hughes
Aircraft (1986). In 1989 the company bought 50% of Saab Automobile.
In 1990 GM launched Saturn, its first new nameplate since 1926, reflecting a new
companywide emphasis on quality. Two years lat .....
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U.S Monetary Policy In 1995
.... 1996, Speech)
Towards the end of the year, the economy showed signs of slowing.
Fearing a prolonged slowdown or even a recession in the economy, and with
inflationary expectations waning, Chairman Greenspan and the Federal Reserve cut
rates again in December. (Greenspan, 1996, Speech)
There are, of course, critics of 1995's monetary policy. Most of the
criticism came in the early part of 1995 when the Fed raised rates again.
In the article "Are We Losing Altitude Too Fast" from the May 1, 1995
issue of Time magazine written by John Greenwald, he explains that the economy
might not be coming in for a "soft landing" like the fed .....
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Hiring Minorities
.... Luther King Jr. had a dream: "I have a dream that my four little
children will one day live in a nation where they will not be judged by the
color of their skin, but by the content of their character." He desired a world
without discrimination, without prejudice, and without stereotypes. The
fundamental lesson years of discrimination should have taught is that to give
anyone preference based on skin color, sex, or religious beliefs is, in one word,
wrong. As Martin Luther King Jr. stated, judgment based on skin color must not
exist. All preferential hiring does is keep judgments based on skin color alive.
Race .....
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History Of Advertising
.... product that had brand names were soap products. In the 1880's a few
brands came out and they were Ivory, Pears, Sapolio, Colgate, Kirks American
Family and Packer's. Not long after brands such as Royal baking powder, Quaker
oats, Bakers chocolate, Hire's root beer, Regal shoes and Waterman's pens were
nationally advertised. In the early 1900's America began to become aware of such
brand names like Bon Ami, Wrigley and Coca-Cola. After World War 1 advertising
developed into a business so big that it was almost a trademark of America
itself through the eyes of the rest of the world. This was expanded by technical
improvements w .....
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How Are Automatic Stabilizers Used To Combat Inflation?
.... make with
the tax revenues, and they add to the gross domestic product. An automatic
stabilizer that will lower gross domestic product is welfare. As income rises,
there are less people who need welfare, therefore reducing the amount of
government spending, and lowering the gross domestic product.
Due to such automatic stabilizers as progressive tax rates and the
decrease of government spending due to welfare, therefore a decrease in
government borrowing, therefore a decrease in the demand for the dollar,
therefore a decrease in the interest rate, which would cause a decrease in the
foreign demand for dollar, which would cause .....
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