What does a Nike running shoe, L.L. Bean knapsack, and a pair of Abercrombie and Fitch jeans have in common? Other than being important material items that make our everyday lives in first world nations easier, all of the companies aforementioned produce these goods by outsourcing to third world nations. Though these brand names may originate in a developed country (for example Abercrombie's origin was New York, and Nike's was Oregon) that does not mean that they produce all of their products...
In this globalized world the economy has seen a lot of up and downstream and its growth is very slow. As the country economy is affected then the whole world economy is affected. Globally there are a lot of socio and economic changes which affects the world's economy. USA has the strong economy and if the American economy changes the whole world suffers due to this. The very big example of this can be interpreted by the housing bubble burst. Due to the impact of housing bubble in America many...
I.            Introduction The world as we know it is slowly becoming progressively smaller. Academics and theorists like have pointed out that this occurrence may well be attributed to increasing intensity of globalisation of nations. This is particularly implicated in the context of business and commerce. However, one must first recognise the advantages and pitfalls of globalisation upon contemporary business. In the claim of Lasserre, he noted that Ricardo has indicated several...
INTRODUCTION: Poverty problem in the world is persisting for a long time now and many people around the world are looking at economic growth and development as a means of poverty alleviation. There is a lack of maintaining the standards of living across different countries and it is one of the great unresolved issues in development and growth economics. This persistent poverty leads to pessimism about the development strategies in each and every country. Developing countries all over the worl...
The Internet real-name system refers to a system that identifies Internet users by their real name and numbers of ID card. The Korean government announced the implement of real-name system in Korea from October, 2005. That means all the Internet users in Korea cannot put their statements on the forum only when their real name and ID cards are checked by the system. The real-name system extends itself into other countries, which immediately draws attentions from different aspects, as well as s...
Abstract This paper empirically investigates stability of money demand function in China using autoregressive distributed lag (ARDL) approach to co-integration. CUSUM and CUSUMSQ are employed to test the stability of the relationship between monetary aggregates (M1 and M2) and their determinants. The results indicate that while there exists cointegration between money aggregates (M1 and M2) and their determinants, only M1 has a stable long run relationship with its determinants. The sign of e...
Abstract For the purpose of this study, the data was extracted from the various garment industries that were located in the Chittagong, Bangladesh. Here, we analysed the data by employing simple correlation and path analysis. In the analysis, it is found that each of the factors [individual related factors (IRF), job related factors (JRF); and organizational related factors (ORF)] has a strong positive correlation with employees' performance (EP). Path analysis disclosed that the direct effec...
What is Exports? Export means the transferring of any good from one country to another country in a legal way for the purpose of trade. Export goods are provided to the foreign consumers by the domestic producers. Indian Exports: A History The history of Indian exports is very old. During ancient times India exported spices to the other parts of the world. India was also famous for its textiles which were a chief item for export in the 16th century. Textiles and cotton were exported to the Ar...
Introduction The use of sports markets to explore questions of economic interest has a long history as the majority of this literature analyses US sports, notably American football, basketball, baseball, and ice hockey, whilst there is also a considerable interest in soccer, the leading world sport. For example, the 1998 European Short Course Swimming, 1999 European Show Jumping and the 2001 World Half Marathon Championships. Over the past two decades there has been increased competition amon...
Icelandic Financial Crisis INTRODUCTION OF ICELAND'S ECONOMY The country of Iceland is the smallest economy within the Organization for Economic Cooperation and Development (OECD) with a gross domestic product (GDP) in 2007 of about $11.8billion. The Icelandic economy has been based on marine and energy resources. More recently, Iceland has developed a very strong services sector, which accounts for two-thirds of the economic output. Since the start of the decade i.e. from 2000, Iceland has e...
