Eurozone

to improve the lifestyle of all Swedish citizens, Sweden developed a strong consumer society and has an outstanding welfare system. In 1995, Sweden joined the European Union, but the citizens rejected the euro. The country has remained out of the Eurozone because of the concerns over the impact on sovereignty, economy, and its welfare system. Sweden’s capitalist system, combined with large welfare elements was shaken by the downfall of the global economy in 2009, but because of the…

Introduction Founded in 2012, by the Lithuanian entrepreneur Vita Markevičiūtė, Innospark is a venture that possesses a goal of generating and developing concepts in education and healthcare that positively contributes to the long-term wellbeing of consumers. Innospark later launched Edu2, a brand focused on developing, manufacturing, and selling creative educational tools and toys for young children. The vision is to evoke creativity in young children that would shape the foundation for future…

In addition, another source of risk is the political instability (Malinen 1). Europe is facing a number of overlapping crises and the migration crisis is testing the uniformity of the European project and risk of another full-blown crisis in the Eurozone is building up. Although many countries have put policies into place after the financial crash of 2007-2008 and European debt crisis that followed, there are still risks and their effectiveness during an acute and major crisis is untested. At…

Spain has been apart of the European Union (EU) and the Eurozone since the 1st of January 1986 when entering as a full member. Spain has held four presidencies in her country form January to June 1989, July to December 1995, January to June 2002 and January to June 2010. Spain has currently 24 representatives on the European Economic and Social Committee; representing companies, workers and other interest groups, and 21 representatives on the Committee of the Regions, which is the EUs, assembly…

The Transformation of Cooperate Control by Fligstien is very interesting to say the least. He argues a different position than many economists would argue. Many economists would suggest that the economy works on its own, and that it is not controlled by anything. However, Fligstien suggests that political and social processes, for example government entities and institutions, control the economy. The social and political process involves three different contexts organizational fields, state, and…

Personal Statement It was the financial crisis in 2008 that sparked my ever-increasing interest in economics and politics. As I got older and learned about the causes of the financial crisis, I began to question how and why only few experts were able to predict the crisis, causing my initial curiosity and determination to further pursue these subjects. What fascinates me most about economics is its ability to be applied to the real world. The knowledge I obtain in my economics class allows me…

The End of Summer Complacency The end of summer has seemingly brought a fresh wave of sobriety to global financial markets. The catalyst was Fed Chair Yellen’s speech at the Federal Reserve Bank of Kansas City’s annual conference on monetary policy in Jackson Hole. She stated that the case for a higher federal funds rate had recently strengthened. This hot topic of conversation subsequently shifted to one of how many hikes are potentially likely in 2016, as well as their timing. Chair Yellen’s…

This means the creation of more jobs, and large amounts of foreign currency, continuously arriving in the government budget. Particular attention is paid to the Spanish resort areas of environmental ecology. There are certain restrictions on the movement of road transport, trees are grown at new parks, the beaches and streets of coastal towns are constantly exposed to thoroughly clean. Old resorts in Spain are converted in accordance with the new trends, such as Benidorm and Torremolinos. In…

Today, international integration plays an important role in the economy. Most countries in the world are made in one or another integration association and at the same time remove a considerable advantage. However, with the participation of the country in the international integration there are possible damages to its economy. It all depends on a level of economic development of the country and whether it has a state-members of the association. One of the most famous and successful examples of…

HENRY Kissinger’s last book World Order could more aptly have been entitled ‘World Disorder’. As he observes, there has never been a ‘world order’. Today, in a globalised world, as disparate civilisations meet in the midst of a historic transition from Western domination to multipolarity, constructing a world order has become an existential compulsion. However, the challenges in the way of achieving this are complex and daunting. Asian drama The most significant evolution under way is the…