Category: Economics 2707

Kenya is a country that is located in the East African region. It borders Uganda to its west, Somalia to the east, Ethiopia to the north, Tanzania to the south and the Indian Ocean along its southeastern coast. It has a population of approximately 40 million people, according to the 2009 national population census. The…

Introduction Although the statement about a direct link between transportation and the economic balance of the United States might seem somewhat farfetched, the two are, in fact, related to each other quite closely. A brief overview of the factors that gear the American economy towards prosperity will reveal that the state economic wellbeing, in fact,…

Import substitution is a strategy that is normally applied by the developing countries in controlling imports. The government replaces its foreign imports with domestic production. Import substitution is important because it helps the country reduce its foreign dependency. Specialization, on the other hand, refers to a situation where a country chooses one line of production…

What are the approaches international managers seek to understand when instituting change in the international arena? Working in a new environment, let alone the environment of an entirely different state than the one, which a company was created in, requires a profound understanding of the rules and regulations that the specified state environment works according…

The modern world is characterized by the opposition of blocks of states. Each of these blocks has its leader who determines the policy of this block. Being superstates, these countries fight for their dominance in the world, using all methods and remedies they have at their disposal. One of the main peculiarities of this struggle…

Table of Contents Introduction Discussion Conclusion References Introduction It is important to mention that regional growth is a topic that has been actively discussed over the last few years, and it is especially true for such areas as Asia that are still actively developing. Some of the recent events need to be mentioned to get…

Introduction Increase in oil prices will influence on the economy negatively. Its effect on economy can be evaluated through the consumer behavior, i.e. high oil prices will scale the cost of living high since most people depend on the oil either directly or indirectly, as almost everyone uses fuel to reach the destination. Hence the…

Kenya is a country that is located in the East African region. It borders Uganda to its west, Somalia to the east, Ethiopia to the north, Tanzania to the south and the Indian Ocean along its southeastern coast. It has a population of approximately 40 million people, according to the 2009 national population census. The…

The Fed has gained a positive image in the eyes of the public, but this is a misrepresentation of the actual picture with reference to the Feds actual performance. The Fed is a private organization consisting of private banks and it is charged with the responsibility of managing the flow of money in the economy…

Introduction Although the statement about a direct link between transportation and the economic balance of the United States might seem somewhat farfetched, the two are, in fact, related to each other quite closely. A brief overview of the factors that gear the American economy towards prosperity will reveal that the state economic wellbeing, in fact,…