Outward-orientated (Export-led) – An outward-oriented growth strategy, based on openness and increased international trade. Growth is achieved by concentrating on increasing exports and export revenue, as a leading factor in the aggregate demand of the country. Non-governmental organizations (NGOs) – They plan and implement specifically targeted projects in developing counties and they act as lobbyists to try to influence public policy in areas such as poverty reduction, workers’ rights, human rights and the environment. MNCs (Multinational corporations) – A corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management.
The diagram above shows that real GDP has increased from Y1 to Y2 which means that economic growth has increased. As a result, unemployment falls as we are getting closer to the inelastic part of the AS curve, which is much needed as “unemployment has shot up” in this economic crisis. However, inflation has risen from P1 to P2 which means that our exports become less competitive so our trade deficit gets worse. However, the rise in inflation is needed as inflation is falling below the 2% target. The changes in the government’s macroeconomic objectives depends on where we are on the AS curve as shown below.
This can slow down the political process immensely, and as the government has a mandate to put through such legislation, pressure groups become undemocratic and start to undermine the democratic process. One last reason why pressure groups undermine democracy is the fact that they themselves may be undemocratic, and the leaders of these groups may not truly represent the views of their leaders. This undermines the whole point of pressure groups groups and thus can be seen as the 'politics of self-interest' and can present the public with overbiased and false information. Overall however, pressure groups are more likely to help the democratic process rather than hinder it, as they advance and improve political participation, and as participation is a vital part of democracy, pressure groups are an important part of the UK's democracy. While pressure groups may have unbalanced influence due to varying methods and funds, they are generally good at being a channel of representation between the people and the government, keeping the government in touch with the people.
‘The advantages of enlarging the EU after the end of the cold war were significant for its member states.’ How valid is this assessment? The enlargement of the EU was positive for both member states, the worlds trading and applicant states. The EU would work to bring prosperity, peace and a unity between countries which had been involved in conflict after World War two and the cold war. Even though there were negative aspects of enlarging the EU such as divisions over NATO, the expansion bought many positive aspects. In order for the EU to achieve bringing Europe together after World War 2 they would need to expand.
The weaknesses that Kudler may face would be the financial burden of going public. Sometimes expenses pile up just from seeking help from outsiders to protect the investments. The economy has fluctuated over the years; therefore the company needs to ensure they have contingency plans in place when business may not be as stable. There are ample opportunities that can come about from selecting an IPO. A company's debt-to-equity ratio will usually improve after going public, which tends to result in more favorable financing arrangements (2014, Going Public, para 1).
Net income was $2,849 million in 2008, which was an increase of 2.2% over 2007. Also, in 2008 Target posted receivables at $8,651 million, which was a 28.03% increase over 2007. The 28 percent jump in receivables can be an indicator of rising credit risk impending on the retailer. Target is aggressively offering the Target Visa card as well as the Target Check card. The increase in receivables could be due to an increase in accounts with higher credit limits.
This would make NFP more susceptible to the natural disasters that have tormented certain parts of the island. Measuring Impacts The decision to expand to Kava should not be made without measuring the impacts of the proposed solutions and alternatives. The impact of hiring people native to Kava may cause a clash of culture between the managers and workers. This impact could also lower company morale and create a division between the Americans and people native to Kava. Building an office and warehouse in areas away from the predictable natural disasters may prove to be more costly in the short term.
“The Rebirth of Patronage: Have We Come Full Circle” Feeney and Kingsley (2008) states,“Patronage can be narrowly defined as the power to make appointments and distribute government jobs, especially for political advantage, but its social implications are much broader” (p. 167). Patronage can be used as an advantage for politicians who are running for any political office in order to win potential votes for their campaign. Most politicians are knownfor using different tactics like offering jobs, health care, and other issues that appeal to citizens. Will patronage divide or unite the United States? Patronage can have positive or negative effects on the United States while the merit system is against patronage and the spoils system is in
This benefit will be evident in the distant future as the unsustainable growth in federal debt would be reined in. The federal debt is currently more than 70 percent of GDP and is growing at a pace higher than GDP (Page & Reichling, 2012). Without current sequestration or a similar solution, the United States would become insolvent much sooner. According to a nonpartisan economic study, removing fiscal tightening like sequestration would boost output and employment in the short term. Conversely, the United States’ output and employment would suffer and lead to larger increases in interest rates over the long term (Page & Reichling, 2012).
This greater demand leads to increases in both output and prices. The degree to which higher demand increases output and prices depend, in turn, on the state of the business cycle. If the economy is in recession, with unused productive capacity and unemployed workers, then increases in demand will lead mostly to more output without changing the price level. If the economy is at full employment, by contrast, a fiscal expansion will have more effect on prices and less impact on total output. According to the MPR, the unemployment rate was projected to continue to decline toward its longer-run normal level over the projection period (Monetary Policy Report,