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Economics
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The Asian Values Debates
The process of globalization overwhelms practically the whole modern world including not only well-developed post-industrial countries but developing countries as well. This process influences all aspects of human everyday life and it has already overcome only economical side of our reality. It is evident that nowadays not only economies of different countries change but also we observe a significant shift in their politics and their traditional way of life.
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Now The World Needs to Learn to Compete and Cooperate
Recently the very wise Henry Kissinger outlined the past history of WW I and the Cold War and then philosophized on what needs to be done with regards to the coming together of Eastern and Western Culture. Although I am sure not many people picked it up in his interview, the message he summarized in one sentence towards the end was clear and it is correct;
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Economic, Environmental, and Social Alchemy
Current System: “Trash” goes to land-fills; the “guilty” go to prisons: both generally just sit there as the rejects of society and economics.
Problem: We don’t re-use 3/4 of our waste and we don't re-use 3/4 of the manpower of our low-class citizens and inmates. There is very little going on right now to change that besides this program.
Solution: Put both of these to use and encourage them start finding a new purpose in material use and life.
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China and India on the Rise; US Lagging in Innovation
Many have said that the issues with China and India taking the world by storm and attracting its manufacturing base is not a problem. Why? Well because they say nations like the US will move from manufacturing to service sector and into technology, designing a knowledge based workforce. That is to say; we design it and they will make it.
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Economics and CEO Type Leaders in Government; Some Thoughts
Currently we have an MBA President and our economy is cooking along find, actually better than anyone could ever expect. Should we continue to have MBA Presidents? How about CEO Type Leaders in Government, many believe we should, even as they also say that government is not a for profit business.
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Low Inflation in the UK
Since the Bank of England was given independence in 1997 UK inflation has been close to the government’s target of 2% +/-1. This is a remarkable improvement for the UK economy. Previously the UK economy suffered from consistently high inflation. Eg in 1979 inflation reached 25%. In 1992 inflation reached 11%. Reasons for low inflation are a matter of debate. The question is how long will this continue?
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The Concept of Value
Does insurance really bring value to the person buying it? Read on - it's time to do some thinking!
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Why Folks Should Not Be Surprised of Big Stock Market Corrections
The huge market correction on February 27, 2007 should not come as any surprise to investors. If we look back at the events that led up to this market correction we see all kinds of overregulation from government regulatory bodies. The Starbase Oxley act stifled and our economy and the added cost to our corporations who were then unable to compete with foreign companies.
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Different Types of Unemployment
Causes of Unemployment including frictional, structural, geographical and classical unemployment. Explanation of each type of unemployment
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What Causes a Current Account deficit
A current account deficit on the Balance of Payments means that the value of imports for goods and services is greater than the value of exports. The US currently has a very large current account deficit, roughly between 6-7% of GDP. This deficit threatens to cause a significant devaluation in the US dollar. This essay looks at the causes of a balance of payments deficit.
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Ruined Rural Economy - India Have We Part 2
The article deals in depth the effect of the metal industry over agro due to neglected priority of GOI and subsequent lapses in taking care of farming sector and villages.
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Social Security Bankruptcy on Every Citizen and Politician's Mind
The Federal Reserve has made continual warnings about the collapse of Social Security and the President of the United States has also warned of the 2042 bankruptcy of social security. Obviously it is time for the rest of America to wake up. Many have and it seems any politician who talks about limiting social security will not get elected. This is a problem as they are afraid to address the issue.
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