Devaluation

Next, as mentioned earlier the implications of China’s slowdown will not just affected the Chinese economy and the U.S. but also it impacts for the rest of the world economy. China is one of the major commodity consuming countries. There are lots of industrialisation and urbanization took place in China. However, after many years of investments the project unable to deliver the expected return for investors. Thus, a raises of questions about additional investment plans. This as a consequences…

Historically, women have been positioned to the role of caretaker of children and families. Undeniably, at an increased rate, women are participating in the paid workforce and as such, are working longer hours. Therefore, the care crisis begins when questions are raised around who will care for their families. Women do not have time to care when working long hours in the labour force. Over time, men have been seen as the breadwinners and not the caretakers in family units. Therefore mothers in…

Society Over the past years the values of currencies throughout the world has fluctuated. This event of reduction has had an immense impact on our nation. “A currency devalues when its value declines in relation to one or more other currencies.” (Devaluation Definition) Due to the expansion of the money distribution, America’s currency has taken a negative turn. The graph below by,(Why Bitcoin Value vs. The Dollar Doesn 't Matter) shows the American’s power of the U.S. dollar decreasing. Since…

disability labels have been excluded from the mainstream of society for centuries. Due to this lack of access to and involvement in community life and societal privileges, the value of certain groups of people has not been fully realized. Thus, social devaluation of individuals with disabilities and addictions, unfortunately, predetermines their quality of life and how we those consider “normal” interacts…

In other words the fact that a worker is only required to perform one task in the process of production means that he becomes uneducated in the rest of the process which leads to the workers ‘devaluation’. Marx’s concept of alienation and the devaluation of the working class plays a huge role and can be seen in the difference in the education levels between the upper class and the working class huge role in post-apartheid South Africa (not to take away from the obvious…

The Importance of the Concept of Elasticity in Microeconomics The concept of elasticity is intended to measure the degree of responsiveness of a buyer or seller to a change in a key determinant, in particular price. 1 In other words, elasticity means how sensitive are consumers for a price change. I would like to talk about elasticity from the perspective of the total revenue. As we already know from the law of demand, when the price goes up, the quantity goes down. However, thanks for this…

Chinese economy and the rest of the world as well, without taking unpredictable elements into account. The figure of the exchange rate between USD and CNY with the devaluation of Chinese Yuan by 2% against US Dollar in august 2015 which continued to fluctuate up and down on approximately 6.352 (ieconomics,2015) is showed below. This devaluation of 2% against USD is a trigger to affect Chinese economy and also the economies of the rest of the world. The obviously advantage is the acceleration…

A correctly valued currency would make Nigerian goods more competitive both at home and abroad, helping to strengthen domestic industry. While the devaluation of the naira would cause extreme inflation, this would be a small and temporary price to pay for a more diversified economy that would not be so dependent on oil prices. The fall of oil prices in 2014 could have been a chance for the Nigerian economy…

or GED, that wishes to continue their education; regardless of their age or income. The U.S. Government should not pay for American citizens' first, two years of college. Reasons for this would be increased taxes, a sense of entitlement, and the devaluation of the college degree. For instance, if the U.S. Government were the sole source of paying for the first, two years of college, it will create a huge tax burden on all American taxpayers. Where would the money come from? The money would come…

Liu (2011) presented four conditions that encourage RMB regionalization. First, free liquidity of production elements in East Asia is gradually increased. She suggested that easier capital and labor movements lead to optimum currency area. Certainly, the removal of tariff barriers and free movement of goods, services, labors, and capital within the common market are the basic requirement for establishing monetary union. With ACFTA, there will lead to greater link between China and ASEAN…