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The Housing Downturn and the Economy, 2008.
An analysis of the impact of the housing market on the U.S. economy.
1,264 words (approx. 5.1 pages), 4 sources, APA, £ 30.95
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Abstract
The paper discusses how, since 2006 the housing market in the US has cooled off, with home sales falling sharply and house price inflation slowing. The paper predicts that this down swing of the housing market will likely have a significant impact on the overall economy. The paper looks at the opinions of various economists and relates that homes all over the nation will actually lose value, rather than simply experience slower value growth, which will continue to grow the sub prime loan situation. The paper further relates that the manner in which this will effect the economy is unknown, although it is known that the construction and lending industries are significant employers in the nation, and when these markets slow, the overall market slows considerably.
From the Paper
"The housing market in any economy is a significant aspect of determining overall health, in short when people are working for equitable wages they tend to become home owners, especially in the US where incentive to do so is high. In the past few years the housing market has made significant strides, meaning home prices have risen and the construction of new homes was high, until mid 2006 when many housing markets began to show signs of decline. According to the Economist Intelligence Unit Limited 2007, Country Profile of the US construction accounts for slightly under 5% of the Gross Domestic Product, (GDP) though it plays an exceedingly important role in the US business cycles."
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Industrial Revolution and Standard of Living, 2008.
This paper looks at the issue of international standards of living following the industrial revolution.
2,485 words (approx. 9.9 pages), 38 sources, MLA, £ 53.95
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Abstract
In this article, the writer notes that one of the most significant changes that resulted from the industrial revolution involves standards of living all over the world. This work discusses emerging standards of living, first through a brief historical timeline and by assessing the level of urbanization that has occurred. The paper then takes a look at class emergence in the wake of the industrial revolution and assesses the wage economy. Next, the paper analyzex the nature and structure of the family economy, and lastly, it looks at the movement of the means of production as it applies to standard of living. The writer maintains that clearly, the manner in which people work, the place they live, the wages they earn, the way they receive goods and services and the changes that all these things create in the family are indicative of standards of living. The industrial revolution created massive changes in all these things for a great many people.
From the Paper
"In the early years of industrialization the switch was evident in every member of the family, including the wage earning of women and children. To some degree it is debatable as to whether the release of control of the means of production is an increase or a decrease in standard of living. This depends almost entirely on mitigating factors, such as work conditions, hours of work, real wage earned, and amenities offered by employer and living conditions that a family is willing and able to provide for itself, but there is no question that the switch from control of the means of production to wage earning is a substantial one.
"One issue that is particularly important, on determining the impact of such changes is health. Some historians and economists see nutritional health, and the outcomes of it are essential to a complete understanding of the separation of families and individuals from the means of production."
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Global Business and Ethical Considerations, 2008.
An in-depth look at the ethical issues involved in multinational corporations going global.
2,249 words (approx. 9.0 pages), 3 sources, APA, £ 49.95
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Abstract
The paper discusses the trend of globalization where businesses transfer operations abroad in order to increase their profit margins. The paper discusses the ethical issues involved such as the deprivation of local jobs in the home country and labor exploitation, natural resources depletion and the saturation of culture in the foreign countries. The paper utilizes the case of Trend Micro to illustrate how a multinational corporation can go global while managing ethical concerns as well.
From the Paper
"Prior to the dawn of the 21st century, globalization has become a buzz word that sets to mind doing things in other places besides ones country. On a more mediocre outlook, globalization would have been described as being a "citizen of the world" and embracing cultures and beliefs of others. Globalization though is all these and much more, but in the context of business, financial and technological milieus, it is a phenomenon of synergy wherein it seeks to connect, relate and combine what one country has into another."
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Globalization and its Effects, 2008.
This paper discusses the theory that globalization weakens the state.
1,720 words (approx. 6.9 pages), 14 sources, MLA, £ 39.95
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Abstract
In this article, the writer notes that when speaking about whether globalization weakens the state, there are several arguments that must be taken into consideration. This paper first deals with the question of whether globalization is beneficial or not, pointing out that this subject can be discussed in several manners depending on the example provided. The answer to the main question, of whether globalization weakens the state or not, is also highly dependent on the way the matter is treated. The writer presents both parts, arguing both that globalization brings prosperity and that it brings more economic power to a state and that globalization shifts power from the government to the private sector.The writer concludes that globalization seems to work only for already developed countries, even though all countries that agree to the global capital market agree to the rules of globalization.
From the Paper
"The best examples that globalization works and is benefic for the economic development of countries are those of East Asian countries that have adapted themselves to a capitalist market economy and took advantage of the free market in order to sell their products. In these countries, poverty was actually reduced and they have known an unprecedented economic growth. The lesson that these countries applied seems simple: they took advantage of the global market for their exports and they managed to close the technology gap between more developed countries and them. By doing this, they became actual competitors on the global market and this can be seen in the economic growth that followed. Prosperity in these countries came in different ways, as some countries developed after opening up to multinational corporations and others, such as Taiwan, created their own corporations. But most importantly, globalization turned up to be a beneficial experience for these countries because they each understood globalization in their own way and applied it as to be in the interest of the many. In these countries, globalization was made in an equalitarian way and so it benefited the many. Because the many benefit from globalization, we can say that these are positive examples that prove that globalization works. The negative examples are the ones in which the benefits of globalization were distributed among the few."
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Detroit and Urban Crisis, 2008.
This paper looks at the urban crisis in Detroit, while studying the works "Detroit Arcadia" by Rebecca Solnit and "The Origins of the Urban Crisis' by Thomas Sugrue.
846 words (approx. 3.4 pages), 2 sources, APA, £ 21.95
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Abstract
In this article, the writer notes that as the industrial powerhouse that the United States was in the years of and immediately following World War II began to slow down in the 1960s, many of America's urban areas saw the economic base eroding with the disappearance of industry as well as the huge migration of Caucasians from the cities when the economies of the cities fell into decline. The writer discusses that the by-product of all of these occurrences was the fight to prevent racial integration of the suburban areas into which the Caucasians fled, and a swift decline of American cities. The writer looks at the city of Detroit that has been devastated over the years because of economic and racial issues. Such urban crises are the focus of this research. The research studies and cites the works of two pivotal writers on the topic in an effort to better understand the topic itself.
Outline:
Introduction
Historical Consequences of the Urban Crisis
Political Consequences of the Urban Crisis
Agreements/Disagreements
Conclusion
From the Paper
"A brief history lesson of the socioeconomic history of Detroit is the best way to begin to understand the historical consequences of the urban crisis as well as what the crisis is in and of itself. During and immediately after World War II, the machine shops and automobile plants of Detroit, and as a result the other supporting businesses, were flush with cash because of the need for implements of war, during the war years of course, and the need for consumer vehicles after the war, as men and women returning from battle settled back into a state of normalcy and went on a buying spree in unprecedented quantities. Because of the proliferation of available jobs, Caucasians and African-Americans alike were able to gain employment; true, the racial inequality was existent, but it was not as acute or damaging at this point as it would eventually become. With the passage of time, however, the gap between the races was intensified by the power of capitalism, and the African-Americans of Detroit, as well as elsewhere, soon saw the economic and social gap between them and their racial opposites increasing to their disadvantage."
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Hershey's and Outsourcing, 2008.
An examination of how globalization and outsourcing are affecting business ethics at Hershey's.
3,041 words (approx. 12.2 pages), 8 sources, MLA, £ 63.95
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Abstract
This paper discusses how globalization has impacted almost very aspect of organizational discourse. It specifically focuses on how access to cheaper labor has prompted intense competition between organizations, forcing many US companies to seek better financial outcomes through outsourcing. The paper focuses on the case of Hersheys and its recent outsourcing of jobs and how this affects business ethics.
Table of Contents:
Introduction
Current Operations at Hershey
Evaluating the Organization's Operations
Discussion/Conclusion
From the Paper
"When all of the issues are examined from both sides, the true complexity of business ethics is elucidated. Even when organizations attempt to develop policies that meet the best interests of stakeholders, the end result is the development of policies that meet the real world conditions of operations. Unfortunately, as organizations begin to expand their operations into the international arena, the scope of conditions that are necessary for operations becomes much wider, creating considerable challenges when it comes to assessing the ethical validity of specific decisions. Although Hershey may appear to be engaging in unethical practices according to US standards, the reality is that the organization is simply taking the steps needed to ensure that the organization produces profits for its stakeholders. In the end, one could argue that this is the central focus of organizational operations."
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'Economy of Grace', 2008.
This paper discusses the book 'Economy of Grace' by Kathryn Tanner, looking at the connection drawn between God and economics.
1,516 words (approx. 6.1 pages), 1 source, MLA, £ 35.95
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Abstract
In this article, the writer notes that in 'Economy of Grace', Kathryn Tanner approaches the fiscal side of Christianity. The writer discusses that Tanner begins by asserting that there is a unique relationship between economics and Christianity, primarily because a Christian is compelled to incorporate faith into daily life. The writer looks at examples in the work used to demonstrate why God should be a part of economics. The writer then points out that Tanner explains that the economy is missing an essential element when God does not play a role in it. The writer concludes that although it seems unlikely that the world will ever wholly embrace a theological economy, there are some promising signs that indicate that capitalism has been influenced by the principals of a theological economy.
From the Paper
"In other words, a theological economy is a win-win economy, where none of the participants are expected to act to their own detriment, but where they are also expected to consider more than personal bottom-line when engaging in economic transactions. The result is an economy that is unlike capitalism, because it is non-competitive, but also unlike communism, because it allows for personal property ownership and permits monetary success as a religious goal.
"Next, Tanner compares and contrasts her idea of a theological economy with traditional capitalism. To do so, she acknowledges that her interpretations of Christianity and how those interpretations have shaped her concept of a theological economy are not the only interpretations of Christianity."
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The Impact of Globalization, 2008.
A discussion on how economic globalization is affecting local cultures.
1,379 words (approx. 5.5 pages), 7 sources, APA, £ 33.95
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Abstract
This paper evaluates how economic globalization is affecting and influencing local cultures while also exploring why urban geographers are increasingly analyzing the world's cities for influences of globalization as well. The city of Los Angeles, California is included as an example of a city that is analyzed according to its urban layout, socio-culture influence, economic specialization, and role in globalization throughout the Southern California region in addition to the Pacific Rim. This paper concludes with a critical analysis of globalization based on the results reported.
Outline:
Executive Summary
Effects of Globalization on Local Cultures
From the Paper
"Much has been written about the effects of globalization becoming increasingly synonymous with the westernization of cultures. In fact the globalization of cultures is reciprocal on each other, especially when rapid global growth of companies quickly forces two cultures together rapidly. The research of Geert Hofstede (1983) provides a useful framework for evaluating the impact of globalization on local cultures. Hofstede devised a framework for five cultural dimensions that quantify the differences between cultures on the indices of the Power Distance Index (PDI), Individualism (IDV), Masculinity (MAS), Uncertainty Avoidance Index (UAI), and Long-Term Orientation (LTO)."
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Global Corporate Finance, 2008.
A critical examination of the content and arguments of Robert King and Ross Levine in their article, "Finance and Growth: Schumpeter Might Be Right."
1,884 words (approx. 7.5 pages), 4 sources, APA, £ 43.95
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Abstract
This paper analyzes the article, "Finance and Growth: Schumpeter Might Be Right," written by Robert King and Ross Levine in 1993. The paper discusses globalization's impact in corporate finance in developing countries and discusses the article's view on the subject. It also looks at the content of the article and the validity of its claims and provides an overall review of the article.
Table of Contents:
Introduction
Summary
Analysis/Critical Evaluation
Conclusions
From the Paper
"Globalization's impact in corporate finance in developing countries has thus been enormous, guiding the corporations into the adoptions of new financial and accounting standards, in the increase of their transparency and corporate governance standards, as well as in adopting risk management instruments in order to hedge their commitments on the financial markets. Further more, they are decreasing their financial leverage so as to decrease their debt to equity ratios and develop a more prudent approach. The future participation of corporations in developing countries on international financial markets will most likely increase in trend, as well as in approach."
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The Problem of Student Debt, 2008.
A discussion of the current dilemma of student debt in the United States, focusing on debt consolidation as a solution.
4,259 words (approx. 17.0 pages), 8 sources, APA, £ 80.95
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Abstract
This paper discusses the problems associated with the high levels of student debts that exist in the United States. It looks at the history of student debts for education and discusses the flaws in the program that have resulted in the current dilemma. The paper then focuses on alternative solutions for dealing with the student debt problems, particularly debt consolidation.
Table of Contents:
Introduction
Recent History of the Student Debt
The Parameters of the Current Dilemma
Alternative Approaches Responding to Student Debt
The Best Alternative Approaches to the Problem: Debt Consolidation
Conclusion
From the Paper
"There are a variety of issues that are of importance to practitioners within student services. However, the most pressing problem facing students today is the burden of educational loans they have to pay back with interests after their graduation. This paper highlighted recent history of this issue and also discussed its current parameters. In addition, this paper highlighted alternative approaches being used by students to successfully pay back their debts. This paper found that the most effective approach for students available today is loan consolidation as it offers unmatched benefits and advantages."
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"Perfectly Legal", 2008.
A book review of "Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else," written by David Cay Johnston.
1,380 words (approx. 5.5 pages), 1 source, MLA, £ 33.95
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Abstract
This paper introduces and analyzes the book "Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else," written by David Cay Johnston. The paper discusses the content of the book and reviews the writer's skill and qualifications to write the book. The paper concludes that the book is startling and illuminating.
From the Paper
"The author is not against taxes. Again, in the Prologue, he notes, "A good tax system flows from the economic order and greases the wheels of commerce" (Johnston 2). However, in the pages that follow, he illustrates a tax system that is so seriously flawed it would be laughable if it were not so pathetic, and an IRS that is out of touch even with its own laws and regulations. It also shows that even when the IRS knows that certain tax laws have been manipulated by the rich and powerful, they tend to overlook these "transgressions" rather than attempting to collect the taxes. Take for example, the case of the "accelerated charitable remainder trust" scheme that tax consultant Jonathan Blattmachr engineered in the 1990s for Bill Gates (it is not known if Gates used the dodge before it was outlawed) (Johnston 7-8). Schemes like this continue, and as soon as one is outlawed, another takes its place, allowing the super rich to live extravagant and lavish lifestyles at the cost of "normal" American taxpayers."
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Fighting Global Poverty, 2008.
A discussion on third world poverty and our role in improving the lives of billions of people.
1,707 words (approx. 6.8 pages), 8 sources, APA, £ 39.95
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Abstract
The paper reveals startling statistics on global poverty and asserts that fighting poverty must be a global effort by both the "have" nations who can afford their support and the "have not" nations who have to work on their own internal problems. The paper discusses how organized programs and actions that provide an impetus for improved education, self-sufficiency and empowerment can help the world's impoverished nations become richer. The paper maintains that regardless of what approach individuals support for attempting to eradicate poverty, they must become involved and take a stand.
From the Paper
"The third-world comprises about 50 nations and one billion people. India and China have both experienced growth through increased globalization. However, the remaining countries remain unchanged. From 1960 to 2000, the new third world experienced no growth at all. In the meantime, the economies of the developing world are enjoying continually faster growth from one decade to the next. The bottom billion are falling further and further away from the rest of mankind. "Globalization must not leave the bottom billion behind," states the head of the World Bank, Robert Zoellick, yet it already has (Collier, 2007, B03)."
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Economic Effects of Crime in the U.S., 2008.
This paper looks at the economic effects of criminal activity in the United States.
769 words (approx. 3.1 pages), 3 sources, APA, £ 19.95
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Abstract
This paper discusses the direct and indirect costs of criminal activity. The paper first explains that the direct economic impacts of criminal activity are those born by its victims, represented by the material value of stolen property, and the cost of repairing the physical
damage or destruction of property caused by the methods used to effectuate the crime. The paper then explains that the indirect economic impacts of criminal activity are those born by private
entities, necessary to prevent and insure against crime, as well as the those born by society collectively, to prevent and deter criminal activity, and to apprehend, prosecute, and incarcerate criminal perpetrators. Next, the paper takes a closer look at specific types of criminal activity and economic effects on society. The paper discusses that criminal enterprises and conduct vary substantially, ranging from low-level, "street" crimes against persons, primarily for the tangible property in their possession, to sophisticated, "white collar" crimes perpetrated against large corporations or even against entire industries.
Outline:
Introduction
Street Crime and Property Crime
White Collar Crime, Organized Crime, and Abuse of Public Assistance Programs
Computer Crime and Identity Theft
From the Paper
"White collar crime encompasses a wide variety of fraud and related criminal enterprises perpetrated against individuals as well as against corporations. It includes banking and investment fraud, insurance and mortgage fraud, corporate and public corruption, money laundering, as well as the abuse of public assistance and medical care funding programs.
"In total, it is impossible to quantify the precise economic costs of white collar crime, but it is certainly in the hundreds of billions of dollars, representing direct monetary losses as well as the cost of developing, implementing and maintaining security programs and procedures to prevent future and recurrent crimes of this nature."
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Corporate Responsibility, 2008.
This paper looks at the issue of corporate responsibility, focusing on the organization, Gap Inc.
1,844 words (approx. 7.4 pages), 7 sources, APA, £ 42.95
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Abstract
In this article, the writer notes that today, the excellence of companies is not rated purely on their competitive nature and profits made. In fact, their social responsibilities, contributions and attitudes are also considered a huge part of their image and popularity. The writer discusses that major industries, entrepreneurs and managers have the additional responsibility to oblige the needs and rights of their workers, their customers, the societies and communities they serve as well as the overall atmosphere. In this paper, the writer studies the corporate responsibility of Gap enterprises in order to understand the manner in which multi-national corporations are currently defining and managing their responsibilities with regards to human and environment right as well as the labor or workforce demands and needs. The writer concludes that Gap Inc. is one of the leading enterprises in the world that realizes its social responsibility and acts according to its obligation to the community by engaging and initiating ventures that can help in the enhancement of working environments, employee expansion, environmental awareness, efficient and satisfying labor supply chains, etc.
Outline:
Introduction
Gap Enterprises
Supply Chain Labor Environments
Employee Growth
Community Investment
Environmental Issues
Conclusion
From the Paper
"The GAP enterprises realize their responsibility and accountability to the community and also realize that their success lies in the networking that they are able to do with the community they are in and the way that the community responds to them. Hence, they have made sure that they correctly assess and evaluate all their strategies and how they affect their own commerce and the environment of the community both in the short and the long term. The GAP enterprise does well in adapting their objectives in accordance with the community i.e. in developed markets they target the strong-minded and independent youngsters while in the developing markets they target the women to help them break out of the contemporary cycle and enhance their work capacities.
"With the increase in the social responsibility of the corporations and business entities, the GAP enterprises like many other corporations now have to work hand in hand with the government if they want to make the community feel like they can trust the industry."
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