World Economic Forum

and high levels of labor productivity. Moreover, the flexibility of the labor market is critical to guarantee that workers are allocated to their most efficient use (World Economic Forum, 2011). Moreover, Dunning and Lundan (2008) stated the intension of efficiency seeker MNE is to take the advantage of cultures, demand patterns, economic policies, institutional arrangements, market structures and factor endowments by putting effort in a limited number of locations to supply multiple…

One of the main questions currently circulating economic forums is: does income inequality hurt economic growth? Main concerns about global increases in income inequality have motivated nations to study the potential impacts on societies and economies. According to the Organization for Economic Cooperation and Development, OECD for short; one of the resounding conclusions is that poorer members of society are less able to invest in their education. The OECD consists of 34 democracies with market…

importers. The world welfare diminishes to four segments: the importer's negative consumption distortion , the importer's negative production distortion , the exporter's negative production distortion , and the exporter's negative consumption distortion . Since each of these is negative, the world welfare impact of the export subsidy is negative. The whole of the misfortunes on the world exceeds the whole of the additions. As it were, we can say that an export subsidy results in a decrease in…

the motives differ and are just as subjective. Some of the motivations of social entrepreneurship identified by Boluk and Mottiar (2014) include group affiliation, recognition and acknowledgment, as well as a genuine passion for addressing socio economic issues. Group affiliation - There are several networks catered for entrepreneurs (in general) that recognize their work, like the Fair Trade Tourism South Africa, Greenbox that is located in Ireland and specifically for social entrepreneurs…

of the Government’s 1995-96 economic and financial program. “In the analysis of the causes of the Mexican peso crisis - and of its depth - consensus is emerging around a variety of factors. These include the large scale of the current account deficit, which had reached almost 8% of GDP in 1993 and 1994, as well as the fact that an important part of this deficit” (Stephany Griffith-Jones The United Nations University WIDER (World Institute for Development Economics Research) Causes and Lessons…

1.3 The impact of macroeconomic releases on exchange rates Economic releases have an important role in the foreign exchange markets. Indeed, macro announcements produce effects on both returns and volatility. Neely and Dey (2010) show that researchers have long studied the reaction of foreign exchange returns to macroeconomic announcements and by doing so, they are now able to infer how markets react to news and how order flow helps impound public and private information into prices. Also,…

Unemployment is a big problem today in this world; two major things will be affected if you are unemployed today. First it will be individual; the main effect will happen to you, but it will also affect your family or the around you. Second is society, which relates to the economy or other people in your country. Being unemployed are awful, not only it can tear you and your family apart, also harms the society as a whole. How does unemployment affect individuals? According to…

Manufacturers face different issues that affect their productions and supply. Manufacturers face issues such as global market forces, risks, development chain, supply chain and strategies. How are manufacturers able to go through all these issues and still keep up their place? The first issue is global market forces. One of the main global forces that manufacturers have to consider is sustainability and the environment. Many people are now environmental conscience by living sustainable lives.…

The underlying economic theory of the Social Darwinists is that the freedom that laissez-faire gives business and industry enables it to maximize profits and expand the economy. During the great age of Laissez- Faire, production in the United States increased 1200 percent. In 1870, Britain was the world 's leading manufacturer, with 32% of the world 's industrial production. In a period of rapid expansion, the United States expanded faster than…

point was to decide whether or not they should create a better path to legal status for the 11 million unauthorized immigrants. The act of legalization is a humanitarian act, but also it is a form of economic stimulus ("An Immigration Stimulus: The Economic Benefits of a Legalization Program"). Economic stimulus is the use of a fiscal policy to help a struggling…