International economics

I have long been fascinated by the way politics and economics influence individuals and how decisions made by political leaders can change the course of history. I am intrigued by the historical development of political and economic thought, as evidenced when studying the history of China. Milton Friedman’s Capitalism and Freedom provided me perspective on the connectivity of economic and political freedoms needed to strengthen democratic institutions. I also enjoyed Thomas Piketty’s Capital in…

International business provides Fonterra opportunity to conduct its business across borders by using different strategies. Both strategies of cost leadership and product differentiation are strengths of Fonterra to be used in order to expand the market share and sustain a dominant market position. Nilsson and Ohlsson (2007) confirmed that capabilities to low average of milk production cost, efficient logistic operations and sales network are main factor for Fonterra to maintain a low-cost…

necessary. In addition, the fluctuations of the exchange rate can occur at any given time because the United States and Germany do not use the same capital. As such, the exchange rate may not favor the business operations during lengthy periods of economic shift. Besides, language translation may pose a risk because the natives usually use German while most of the company executives are only conversant with English. However, the use of translation technologies will minimize this risk. Lastly,…

Chile’s Economy After The Fall of Socialism Government economic regulation determines how successful and how developed a country’s economy will be. In 1970, Salvador Allende rose to power through the application of Marxism. During his first year of rule, his government was successful in achieving economic growth, reduction of inflation, creation of employment opportunities, and increased income and consumption. This was realized through the increase of wages and salaries, increased distribution…

into question: ‘the economic logic of liberalism is one of openness, but the political and legal logic is one of closure’ which results in a liberal paradox (Hollifield, 2004: 888). Migration and trade are fundamentally linked. Yet, migrants are more difficult to regulate than goods – they entail political risk (Hollifield, 2004). Migrants become a political interest group, as despite contestation, highly skilled migrants are accepted on the premise they will yield positive economic impacts for…

America’s recovery from The Great Depression complete as well as the significant production and economic growth provided through the economic boom that World War II produced, America was left standing as the biggest economic and political powerhouse of the 1960s. While America was establishing it’s place among other nations as well as aiding Japan with its recovery, two major events occurred that crippled economic growth between 1950 to 1980. These events as stated by elcoushistory were Saudi…

environment could be composed of PEST forces - political, economic, social and technological forces, which are both positively and negatively affect the e-business market (Wood, 2000). In other words, the…

The interconnectivity of the world has led to stronger international relations that act as the foundation of financial support, economic prosperity, and cultured economies. The United States particularly plays a leading role in world economics through funding, trade, and exceeding levels of development. The dependency between international economies can however be detrimental at the same time. The integration of world economics presented its vicious effects in the 2008 Global Financial Crisis…

have long-run social and economic consequences, e.g., child malnutrition and adult illness that resulted in a lower earning capacity for the present-day and the future generation, losses in domestic productivity, that presumably continues in perpetuity (Ahamad et al., 2013). This section presents a few policy recommendations and implications based on findings revealed from the analyses of food security trends, determinants, and suggestions of different authors and international entities. We can…

and South Africa has impacted international business and how other industrial countries view the BRICS association. Each of the BRICS members of the economies has advanced due to industrialization. Each of these countries expanded their efforts in the manufacturing of goods that are provided to other countries around the globe. Moreover, the measurement of economic growth has been seen as being fast paced in comparison to other industrialized countries. The economic growth of each of these…