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Last update: February 16, 2015
  • Critical Analysis on European Sovereign Debt Crisis

    Critical Analysis on European Sovereign Debt Crisis

    Euro The euro (sign: €; code: EUR) is the official and sole currency of the euro zone: 17 of the 27 member states of the European Union i.e. Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. These countries comprise the "euro zone", some 326 million people in total. It is also the currency used by the Institutions of the European Union and also used

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    Essay Length: 291 Words / 2 Pages
    Submitted: January 26, 2012 Autor: Aseef
  • European Sovereign Debt Crisis

    European Sovereign Debt Crisis

    European Sovereign Debt Crisis Introduction The European sovereign debt crisis has become a common reflection in the financial scene. This is attributed to the actuality that it represents the financial crisis that is currently affecting some of the countries in Europe in the form that they have to receive assistance form third parties in order to re-finance the government debt. The global economic crisis affected many nations but it has had a rather lasting effect

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    Essay Length: 2,216 Words / 9 Pages
    Submitted: March 22, 2012 Autor: cfaustin
  • European Debt Crisis

    European Debt Crisis

    European Debt Crisis The collapse of the Greek economy contributed to the terrible debt crisis Europe experienced in the recent past. Greece was unable to meet its financial obligations with its borrowers and others who held the countries bonds. Many banks such as the European Central Bank (ECB) were taking huge losses of 50% or more from the unpaid debt. This situation is similar to what happened here in the United States when the housing

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    Essay Length: 911 Words / 4 Pages
    Submitted: May 27, 2014 Autor: ramjr766
  • How to Tell When a Debt Crisis Is Serious

    How to Tell When a Debt Crisis Is Serious

    Today our government spends money like it grows on trees, however the country and its leaders have yet to consider what happens if the tree stops producing or worse it dies. Currently the Unites States national debt has reached $14.2 trillion dollars and drastically increasing by the year. The United States alone is on the path to owing more money than the economy can produce. The government continues to pay only on the interest owed

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    Essay Length: 719 Words / 3 Pages
    Submitted: April 8, 2011 Autor: peter
  • Reaction to the Crisis and Reasons Why Greek Debt Crisis Is of Crucial to the Eurozone

    Reaction to the Crisis and Reasons Why Greek Debt Crisis Is of Crucial to the Eurozone

    Reaction to the crisis and reasons why Greek debt crisis is of crucial to the Eurozone Greece has some options in order to solve the crisis. First, Greece can reduce the deficit by decreasing expense which is expenditure for government. We can see that the expense keep increasing in the past few years before the crisis (Graph 4). However, Greece has suffered from negative GDP growth (Table 1). If Greece reduces the expenditure, the amount

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    Essay Length: 887 Words / 4 Pages
    Submitted: January 28, 2015 Autor: powww
  • 1st Trigger of Debt Crisis

    1st Trigger of Debt Crisis

    1st Trigger of Debt crisis The European debt crisis was first triggered by the 2008 financial crisis in US. Several factors induced by the financial crisis have pushed the spread between German bonds and other European countries upward: Firstly, the global risk aversion, measured by the spread between Treasury bonds and corporate bonds played an important role that decreased as the crisis evolved. Secondly, the crisis triggered a flight to safety whereas investors started to

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    Essay Length: 299 Words / 2 Pages
    Submitted: October 1, 2017 Autor: migueljfs
  • Argentine Debt Crisis

    Argentine Debt Crisis

    Argentina is the world’s third largest Latin-American economy. Despite being an export-based industrial economy with abundant natural resources and a highly literate population, the country has seen a large number of economic and political vicissitudes due to unstable and frequently changing governments with conflicting ideologies after its independence from Spain in 1810. The country did not have any stable nationwide government till 1862, after which followed three decades of export-led boom. In 1891, Argentina suffered

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    Essay Length: 377 Words / 2 Pages
    Submitted: October 19, 2017 Autor: vijeta.s
  • Global Financial Crisis - Wall Street and the European Banking Sector

    Global Financial Crisis - Wall Street and the European Banking Sector

    Poverty The global financial crisis through Wall Street and the European Banking sector have impacted many lives, especially the most vulnerable, pushing millions of people into deeper poverty and hundreds of thousands into death. The crisis resulted from the collapse in large financial institutions, downturns in the stock market, and the bail out of banks from the national government. Less growth in the economy and financial market has resulted in countries such as Africa, Mexico,

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    Essay Length: 273 Words / 2 Pages
    Submitted: February 13, 2012 Autor: cmlplaya8804
  • The Euro in Crisis: Decision Time at the European Central Bank

    The Euro in Crisis: Decision Time at the European Central Bank

    The Euro in Crisis: Decision Time at the European Central Bank "Great powers have great currencies." -Robert Mundella On May 8, 2010 in Brussels, the finance ministers of the 16 Eurozone nations gathered to craft a response to the spreading financial crisis in Europe. Two weeks earlier, the credit rating agency Standard & Poors had downgraded Greek sovereign debt to junk status (BB+), pushing its two-year bond yield to 10% and the ten-year bond yield

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    Essay Length: 4,640 Words / 19 Pages
    Submitted: March 16, 2012 Autor: ivenitez
  • Environmental Crisis in European Union and Its Political Significance

    Environmental Crisis in European Union and Its Political Significance

    Virtually everyone recognizes the existence of an environmental crisis in the world today, but there are some uncertainties concerning the precise nature of this crisis and its internal and international implications. It is all clear that the world's population is continuing to grow at an alarming pace, finite resources are being utilized at exponential rates, and technological advances are contributing to negative ecological outcomes. These trends have been documented extensively. Their political significance, however, has

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    Essay Length: 880 Words / 4 Pages
    Submitted: November 25, 2012 Autor: andrew
  • Pbl - the European Union Ten Years After the Euro Zone Crisis-Manuel Sanchez

    Pbl - the European Union Ten Years After the Euro Zone Crisis-Manuel Sanchez

    1.- Clear Understanding Of The Main Concepts Accruing: To come to one as a gain // union in the EU shows additional economic benefits accruing to its members as a result of the elimination of transaction costs related to currency exchange in the area, the efforts by member countries to comply with the convergence criteria, and the price stability attained. Sovereign Bonds: A debt security issued by a national government within a given country and

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    Essay Length: 1,433 Words / 6 Pages
    Submitted: May 28, 2013 Autor: BrunoDQ
  • The Asian Crisis and Corporate Governance: Ownership Structure, Debt Financing, and Corporate Diversification.

    The Asian Crisis and Corporate Governance: Ownership Structure, Debt Financing, and Corporate Diversification.

    The Asian Crisis and Corporate Governance: Ownership Structure, Debt Financing, and Corporate Diversification. The article is about the 1997 Asian financial crisis that continues to confound experts: a region whose countries had long been considered paragons of successful economic development was mired in financial collapse and a deep recession. The authors land straight to the heart of the matter and go right into explaining the traditional theory on the crisis suggesting that the financial crisis

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    Essay Length: 1,317 Words / 6 Pages
    Submitted: October 9, 2013 Autor: moto
  • Critical Evaluation of Barclay's Management's Actions During the Crisis

    Critical Evaluation of Barclay's Management's Actions During the Crisis

    There are diverse crises banks may encounter such as brand crisis and financial crisis in nowadays banking industry. To avoid the consequence of bank failures, it is important for the crisis management team of a bank to take effective actions to defuse the crisis regardless of whether it is internal or external. Barclays Bank is one of the largest commercial banks in Britain. In June 2012, it was immersed in a crisis of confidence due

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    Essay Length: 1,020 Words / 5 Pages
    Submitted: March 4, 2014 Autor: xingxing
  • Critically Evaluate McDonald’s Management’s Actions During the Food-Safety Crisis

    Critically Evaluate McDonald’s Management’s Actions During the Food-Safety Crisis

    Critically evaluate McDonald’s management’s actions during the food-safety crisis Introduction In the business world nowadays, it is difficult for a company to develop like smooth sailing invariably. Crisis is ubiquitous and is ready to drop in at any time. A crisis emerges when an event happens suddenly and unexpectedly and will damage the reputation of the company if not handled properly. When a crisis has erupted, crisis management is the urgent and significant “art of

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    Essay Length: 948 Words / 4 Pages
    Submitted: March 5, 2014 Autor: yue.wang1102
  • Japanese Influences in European Art

    Japanese Influences in European Art

    Japonism is the term used to describe the effect the ending of Japanese isolationism in the mid to late 1800's had upon the arts of the western world. The original word, Japonisme, was coined by French author Jules Claretie in 1872, according to Colta Ives' book on the subject, The Great Wave: The Influence of Japanese Woodcuts on French Prints, first published in 1974. In the year 1600, the Japanese Shogun Tokogawa banned all western

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    Essay Length: 700 Words / 3 Pages
    Submitted: February 25, 2011 Autor: Antonio
  • The Politic of Climate Change: The Issue of Ecological Crisis as a Discursive Construct

    The Politic of Climate Change: The Issue of Ecological Crisis as a Discursive Construct

    Theme: Climate Change: Issues and Challenges for Christian Witness Topic: The Politic Of Climate Change: The Issue of Ecological Crisis as a Discursive Construct. Introduction: In the last decade or two there has been increasing concern with the threat to the environment caused by economic growth and its more undesirable side-effects. We can say that this ‘concern' has come full circle in this decade. The general consensus seems to be that ecological crisis/environmental crisis has

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    Essay Length: 3,818 Words / 16 Pages
    Submitted: March 3, 2011 Autor: rita
  • Rrole of Prudential Supervision and Evolution of Its Supervisory Framework Beginning from Bcci Incident up to Last Financial Crisis

    Rrole of Prudential Supervision and Evolution of Its Supervisory Framework Beginning from Bcci Incident up to Last Financial Crisis

    The author discusses in her paper the role of prudential supervision and evolution of its supervisory framework beginning from BCCI incident up to last Financial Crisis, and emphasizes the need for greater emphasis on disclosure requirements and measures within the securities markets that would provide better transparency and strengthen the economic immunity against future possible crises - systemic risks. Capital requirements could not help alone. Prudential supervision involves government regulation and monitoring of the banking

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    Essay Length: 636 Words / 3 Pages
    Submitted: March 8, 2011 Autor: Antonio
  • Global Financial Crisis - a Preventable Catastrophe

    Global Financial Crisis - a Preventable Catastrophe

    Brief Essay – Major problem, issue or challenge the world faces and which has something to do with development Topic: Global Financial Crisis, a preventable catastrophe. The world is connected through a variety of relations, but a substantial connection is the economic relations. Although the United States plays a significant role when compared to others in the worldwide economy but still everyone has a responsibility as a downfall in one economy has the ability to

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    Essay Length: 874 Words / 4 Pages
    Submitted: March 8, 2011 Autor: peter
  • European Expansion and European Global Dominance

    European Expansion and European Global Dominance

    What was the turning point in European expansion and European global dominance – the Ottoman conquest of Constantinople in 1453 or Columbus' discovery of the New World in 1492? Provide specific examples to prove your argument and be sure to consider European contact in Africa, Asia, and the Americas.I) Introduction:  People = celebrations/graduations, birthdays, & religious  Candles = light, first candle = Mayans used torches  Candles = profit, fun, or personal use

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    Essay Length: 568 Words / 3 Pages
    Submitted: March 8, 2011 Autor: antoni
  • A Critical Examination of the Desirable Characteristics of a Tax System

    A Critical Examination of the Desirable Characteristics of a Tax System

    Efficiency An efficient tax system is supposed to minimize its impact on relative prices in order to keep production efficiency and resource allocation undisrupted. It was believed that in certain circumstances the optimal commodity taxation is appropriate for bringing efficiency to the economy; however the distortionary taxes and the imperfection of the assumptions of optimal commodity taxation deviates economics choices from the efficient outcome. In the context of the optimal taxation rule, the Inverse Elasticity

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    Essay Length: 1,498 Words / 6 Pages
    Submitted: March 8, 2011 Autor: Antonio
  • Conscription Crisis 1917

    Conscription Crisis 1917

    The issue of conscription instantly divided the nation and Borden's Cabinet. His Quebec ministers refused to support it. Borden proposed a coalition government of Liberals and Conservatives for the duration of the war. The Liberal party was split over conscription; some accepted Borden's invitation to join his Cabinet. The Union government won the election of 1917, but not without a cost. The province of Quebec was completely alienated and without representation in Cabinet. Borden had

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    Essay Length: 292 Words / 2 Pages
    Submitted: March 8, 2011 Autor: Antonio
  • Debt Policy in Ust

    Debt Policy in Ust

    After such a long history of conservative debt policy, UST is considering a leveraged recapitalization to enhance the firm's value. First, UST will benefit from the interest tax shield. This interest payment deduction will enhance the firm's initial value thus increasing the value of each share by distributing across a small number of outstanding shares. Second, the leveraged recapitalization has less financial distress for two reasons. One the one hand, UST has a favorable S&P

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    Essay Length: 325 Words / 2 Pages
    Submitted: March 8, 2011 Autor: antoni
  • Criticism on the Different Agreements and Cost of Power

    Criticism on the Different Agreements and Cost of Power

    Article overview + criticism on the different agreements and cost of power From 1994 to 1998 gdp grew at a averqageof 7% FDI reached record hıgh of 2.4 bılıon that was 20 times higher than 1991. Tarifs while still high where only 1 5 the level before liberalization. Why did Enron start the business in India? İndian population was starved for electricity. All India s power generated and managed by state owned electricity boards. But

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    Essay Length: 1,620 Words / 7 Pages
    Submitted: March 15, 2011 Autor: peter
  • Difference Between Russian Formalism and New Criticism

    Difference Between Russian Formalism and New Criticism

    Tough question. Both schools (American/English New Criticism and Russian Formalism) are types of Formalism. Both theories aim at deriving meaning, not from content, but in the structure and form of literature. Russian Formalism stressed that what a piece of literature "means" cannot be dismissed from how it says it. In other words, the structure/style of literature is not just artifice: it is what makes it meaningful. For example, in mathematical language, 2+2=4, not because of

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    Essay Length: 320 Words / 2 Pages
    Submitted: March 15, 2011 Autor: jon
  • Bank Crisis in the Past 100 Years

    Bank Crisis in the Past 100 Years

    40 years of the 20th century, Paris, the young teachers graduated from the most famous mathematicians Debreu happened to read was the French economist Maurice Allais book. The book highlighted the "Lausanne School" in the last century, founder of the work of Walras, Marshall's partial equilibrium which is different from the "general equilibrium theory." Walras recognized that we need to comprehensively study the economic, thought the interaction between different markets. Debreu impressed by this work.

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    Essay Length: 662 Words / 3 Pages
    Submitted: March 16, 2011 Autor: andrey

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