The country even experienced a food shortage so that it had to heavily rely on the foreign aid. ... Before the military government in 1961, the loan decisions of commercial banks were heavily influenced by political interference (Haggard, 26). ... Since the mid 1960s, the military government used regulated finance as one of tool to create rent and achieve exports expansion. ... Since foreign aid started to decline later 1960s, the government reformed interest rate. ... The First Five Year plan (1962 - 1966) The first plan was prepared in a hurry by the military government that took power in 19...

• Word Count: 2573
• Approx Pages: 10
• Grade Level: Undergraduate

Despite some setbacks, it has made dramatic progress: privatizing 351 state enterprises, reducing inflation from 13,500% to 12%, and cutting the foreign debt in half. ... Nicaragua suffers from persistent trade and budget deficits and a high debt-service burden, leaving it highly dependent on foreign assistance--as much as 25% of GDP in 2001. ... Foreign private capital inflows topped $300 million in 1999 but, due to economic and political uncertainty, fell to less than $100 million in 2001. Rapid expansion of the tourist industry has made it the nation's third-largest source of foreign...

• Word Count: 4098
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School

Many businesses, in light of competition from foreign firms was beginning to show promise, and was putting more focus on meeting the needs of shareholders, customers and employees. ... Russia still maintains a healthy current account surplus of $18 billion, but dues to the lack of confidence in the economy, most of these dollars are being deposited into stable foreign currency accounts outside of Russia in safe havens such as Switzerland. ... There is also an expectation that if the Russians default on further loans in the future, they will require even more foreign aid to even meet their most...

• Word Count: 4431
• Approx Pages: 18
• Has Bibliography

The classic instrument for restraining trade is to impose taxes on imported goods (called tariffs) so that foreign products are artificially expensive and can't compete with domestic goods. ... Similarly there exist restrictions on foreign investment or the movement of capital. ... From a political perspective, foreign competition can bankrupt domestic businesses (which may benefit consumers with better value, more efficient goods, but disadvantages domestic companies whose employees face redund...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

Most of the local and foreign abattoirs in Indonesia, Saudi Arabia, and other Muslim countries are meant to produce halal meat for their Muslim customers. ... Foreign rival companies are mostly American meat packers such as Tyson, Cargill, JBS, and National Beef. Other foreign beef rival companies are from Canada and Europe. ...

• Word Count: 3015
• Approx Pages: 12
• Has Bibliography

Finance minister Amara Konneh says that's mostly because of damage done to mining, agriculture and service industries, as investors evacuate foreign workers, borders close, and international flights are suspended. ... The government is putting in place fiscal austerity measures to compensate for that, including suspending all official foreign travel. ... In the Ebola-afflicted parts of west Africa where health systems have been overwhelmed, some foreign companies are already pulling out workers. A number of big mining firms have evacuated foreign staff and shut down non-essential operatio...

• Word Count: 2637
• Approx Pages: 11
• Grade Level: Undergraduate

Globalisation The word globalisation has become a buzzword since its inception at the beginning of the 1990s. A cottage industry on globalisation has emerged from which academics and intellectuals make a living by writing articles and travelling the world debating with others. The financial and business sections of broadsheet newspapers are continuously littered with issues concerning globalisation and meetings are frequently held by the superpowers to discuss the state of the global economy, such as the meetings in Doha in Qatar, Cancun in Mexico and the IMF summit in Dubai. As a result of...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

Globalization is defined with the focus of economics to mean the integration of the state economies through corporations' investment, trade and capital flow into the international economy. There are critics of globalization argue that economic globalization is the leading cause of the social problem...

• Word Count: 2557
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and poli...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate