International economics

spheres of politics and economics. These two concepts can be seen as being linked. However, interconnectedness does not necessarily mean analytical concurrence and the field of PE does not always regard the interconnectedness as an axiom. Moreover, the field of PE is often presented as International Political Economy. Thus, a central question of PE is: Should Political Economy make analytical distinctions between the spheres of politics and economics and the national and international dimensions…

Labor migration, as an important fact of economic and social life, could not stay behind attention of scientists and researchers. One of the first serious theoretical foundations of the labor movement should recall to the Neoclassical theory of migration. The basis of this concept, the formation at the forefront of international differences in wage levels. The founder of the theory is J. Hicks and his work "Theory of wages"[4]. He's one of the first scientists who has considered migration as a…

known as MPI, is a tool that was developed by Michigan State University – International Business Center. Its goal is to assist US companies seeking to expand operations internationally. The index…

political, ‘E’ stands for economics, ‘S’ stands for social, ‘T’ stands for technological, while ‘L’ stands for legal and ‘E; stands for environment. Political Factors That Could Affect Marriott International The major political factors that could affect Marriott International are the violent activities, international relations and the political conditions in popular tourist destinations. This is due terrorist attack or a military conflict in a country that could disrupt international air…

Do Marx's views on capitalism provide any insights into economic globalisation today? Karl Marx, one of socialism’s revolutionaries, presented his views on capitalism and globalisation (imperialism) throughout his analytic works, such as the Communist Manifesto and Das Kapital. These are views, according to several Marxian scholars, such as Miguel D. Ramirez, vindicate the rapid integration of goods and financial markets (globalisation) the world economy has experienced since the fall of the…

capitalize on personal or corporate profit. However, there could be several other mitigating factors that drive people to partake in the act of bribery, which still ultimately lead to the same thing: profit. As a special advisor to Canada’s International Trade Minister, I will outline some of these extenuating factors to the Minister and advise him to turn a blind eye to the deeply rooted practice of…

KARL POLANYI: The Great Transformation In the 19th century, economy was still “embedded” (Polanyi, 1992) in the society, that is economic activities were influenced by social, religious and political relationships existing between people. Earlier, market exchange of commodities depended on trust, barter system and mutual understanding. Polanyi distinguishes commodities into real and fictitious commodities. Real commodities are commodities that are produced for sale in market. Polanyi,…

leaders, was susceptible to adverse effects cause by the global credit crisis of 2009 (CAT, 2016). As such, the company’s exposure to risks associated with conducting business overseas were exacerbated by deficiencies in the global financial market and economic slowdowns (Shapiro, 2014). For example, the company’s revenue figures started trending downward the first quarter in 2008 and dropped to their lowest point in the third quarter of 2009 (United States Securities and…

I. The impact of economic globalization on China 's foreign policy and foreign policy: economic globalization is the profound background and fundamental trend of the development and change of the world today. To correctly understand and properly cope with globalization is not only conducive to the promotion of scientific development, harmonious development and peaceful development, but also conducive to promoting the transformation of the international system, the construction of a harmonious…

less sudden disturbance that produces a considerable loss of value in institutions or financial assets that have a decisive influence on the progress of business and general financial and economic activity and that causes a fundamental imbalance between the demand for means of financing carried out by economic subjects and the offer made by financial entities or intermediaries. In the year 2008 in the United States, a financial crisis occurred that caused the so-called subprime mortgage crisis…