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Economics : Business & Finance

The State And Economic Development

There are many economic ideas about the intensity of involvement of state in the economic development of the countries of the world. Its true that the state's involvement in the economic development is essential, but to what extent the state should involve is the question.

The Conscience Of A Restorationist, XI

Have confidence. With a free nation, you (and those around you) will have the opportunity to truly make the nation and the world better. Even if you are not a person for whom owning a business would be a good idea, for instance, you will still be vastly better off if you live in a nation where the o

Why Iceland Voted "No" to Repay Icesaves Debt to Holland, and the UK?

The difference in what ordinary people think is right, and their governments can often create a paradox. This was the case when ordinary Icelanders voted a firm "No" to paying the cost themselves, of the huge four billion euro debt left by Icesave- a private bank based in Iceland. Why did

World Trade Organization - An End to Trade Discrimination!

The World Trade Organization, founded in the year 1995, is the only global organization which deals with the trade rules amid the nations. It was constituted under the Marrakech Agreement, restoring the General Agreement on Tariffs and Trade (GATT), which started in 1947.The agreements are signed by

Don't Be Too Quick to Judge the Government Bail Out

You might be for it or you might be against it, but it is important to understand why it is needed. If the government doesn't bail out these financial institutions, the economy is going to continue to drop.

Doomsday For the American Economy Because of Greedy Banks?

Are we at the bottom of this economic crisis or are banks conspiring to keep us from recovery? Well, I have a 50% chance of being right and a 50% chance of being wrong on the foreclosure front but I believe we have a longer way to go down in the real estate arena before we start our recovery-15 to 2

Mexico's Growing Pains

Everyone has heard the joke that says, "Our economy is so bad that truckloads of Americans are being caught sneaking into Mexico." Well laugh if you must but the fact of the matter is there are already very sizable numbers of both Americans as well as Canadians dwelling in Mexico. These nu

Burgling The Future

Paul Volcker and Richard Ravitch have some smart things to say about government finance. Unfortunately, they have no power to do anything but talk.

Fine-Tuning the Exchange Rate For Chinese Yuan (Renminbi)

The People's Bank of China Governor Zhou Xiaochuan said today that the Chinese Yuan might be "fine-tuned" to manage the after effect ripples from the global financial crisis which started in Oct 2008. His comments raised eye-brows because it is not common for Chinese officials to comm

Can Japan Assassinate The Yen?

Are Japanese Prime Minister Abe's "three arrows" aimed at bringing down his nation's currency? And if so, could they succeed?

Raise Your Recession IQ - What You Need to Know About the Crisis

Unless you have been living in a rock for the past year, for sure you have heard about the current economic recession that is being experienced by some of the major countries in the world. Most likely, the majority of what you know about the recession came from the media. The problem with the media

Understanding What Happens During a Recession

During these tough economic times it is important to understand what happens during a recession in a country or the world. Before we are able to understand the happenings, we first have to establish what a recession means.

The Economy is Tough And You Are Tougher Than You Think!

Times are tough in 2009, and they are going to get tougher. The question is, do you realize how tough you already are? Your ability to handle tough times often comes down to remembering how many of them you've already made it through. Here's a gentle reminder.

Inflation Verses Deflation - What Does it Really Mean?

How many articles have been written over the last year and a half talking about the prospects of inflation or deflation? I'm sure someone can find out, but I doubt I'd be wrong to say thousands. I've read quite a few, and a lot of them have been very technical in nature, which only co

Why the Cost Cutting Mentality Won't Revive the Economy

Our governments and the corporate sector rule everything economic - and the average person doesn't get much of a say but when it begins to hit home in the form of unemployment, lack of money for necessities and a lack of ability have savings, then it starts to get personal. This article shows h

Screwflation and the Barbeque Recovery

Economic events of the past few years have given rise to new words and terms. Thanks to the financial crisis, you are probably quite adept at using "subprime", "bailout" and "toxic debt" in cocktail party chatter and you certainly know that our largest banks are still &

The Federal Deficit: A Spending or Revenue Problem?

One of the most polarizing issues in today's political playing field is the case of the massive deficits and mounting federal debt, along with the solution. To the Republican Party (and for that matter, libertarians and the Tea Party) the problem is one of spending. The government has grown too