In Creon's role, he is the king of Thebes who enforces the laws enacted in his kingdom as does the government the C.I.A. is a part of in the U.S.A. ... Snowden was also following the government's guidelines, in that if the government overstepped its boundaries then the people have the right to change or revise a law. ... Edward Snowden's final fate is still to be determined as he is now on the run from U.S. government. ... When Creon had talked to a prophet that told him a great tragedy would befall his family and thought about how harsh he was enacting his law in a tyrant posit...

• Word Count: 1387
• Approx Pages: 6
• Grade Level: High School

Government regulators do not know the actual costs of pollution abatement to a high degree of accuracy because they do not have sufficient experience with the issue and cannot access adequate knowledge. ... The US Clean Air Act (1990) is a prime example of a definitive government regulation. ... In order to achieve specific standards as quickly as possible, the government established a set of emission standards with a simultaneous tax scheme. ... Permits also present the opportunity to greatly reduce the role of government in the control process, providing there is the freedom for open trad...

• Word Count: 1840
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Figure 1 shows total real government expenditure in 2005 Rand and as a percentage of GDP. ... Conventional theory divides the effects of increased government spending into two components. ... Government spending is multiplied by a consumption effect when it maps to GDP. ... One period after government expenditure began to increase rapidly, GDP followed the same trend. ... The grey line, measured against the right-hand axis, is an index of employment in the public sector with the year 2000 set to 100. ...

• Word Count: 2383
• Approx Pages: 10
• Grade Level: Undergraduate

In Leviathan, Hobbes explicitly sets out his moral and political philosophy with regard to human nature, the state of nature and an absolute sovereign in whom the power of the people is invested. ... Hobbes finds that men are competitive, defiant and desire to be glorified, and it is the resultant self-interested acts of men that set out the foundations upon which Hobbes' vision of the state of nature is constructed. ... In his book Wealth of Nations, Smith states that the government has three functions and none initiated any kind of government-regulated market or economy. ... Mill then i...

• Word Count: 1585
• Approx Pages: 6
• Grade Level: Undergraduate

The government's immediate response was to bailout the industries that were affected the most, like the financial institutions whose hazardous risk taking prompted the economic decline in the first place. ... Since the government was unable to regulate the use of the TARP bailout money there is very little evidence that it actually stimulated economic recovery and is thus generally considered a failure. The government has also instituted the American Recovery and Reinvestment Act. ... Crowding out occurs when increased government spending hinders private investment. ... The unemployment ...

• Word Count: 2201
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

The passing of FTAA will now set the exploited workers of Mexico against even more desperate workers in countries such as Guatemala and Haiti. ... Along the US-Mexico border where maquiladoras have been set up, air-pollution and unsafe disposal of chemical wastes have increased. ... The US is taking advantage of these countries because they do not have any laws set up to protect their environments. ... It is time to get corporations out of government decisions and the government should make decisions based on the well-being of its citizens, not always its pockets. This is evident in the fili...

• Word Count: 1668
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

He believed that the only responsibilities of the government should be to define property rights, set up honest courts, impose minor taxes and subsides to compensate for well defined and narrowly specified "market failures". ... Around the world today, government monopolies and other bad practices are under major assault from Adam Smith's ideas. ... He believed in a democratic partnership between government and the people, but knew that each should do what it does best - businessmen should not control the justice system, nor should government try to run businesses. ... In his view, g...

• Word Count: 1299
• Approx Pages: 5
• Grade Level: Undergraduate

The challenge facing the government which assumed power in October 1999 as to put the economy back to its pre 1990 track. ... Accordingly, at the request of the Caretaker Government, the SBP prepared in August 1993 a confidential paper containing proposals to give autonomy to it and to separate monetary policy from fiscal policy of the government. ... Notwithstanding the bureaucratic inertia, it was decided by the Caretaker Government to go ahead with the proposed reforms. ... The SBP was aware that the Caretaker Government was there only for three months, that there was a reluctance on the p...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate

At the microeconomic level of activity, firms, markets and government produce and distribute goods and services to the community. ... Microeconomic policies are also complementary to the government's macroeconomic strategy. ... For this reason both microeconomic and macroeconomic policies have been the focus of government policy since the 1980s. ... In addition to the deregulation of specific markets, major reforms have taken place in the economic infrastructure sector which is 90% government owned, through control of PTEs, which account for 13% of GDP. ... TAA) were established to compet...

• Word Count: 1779
• Approx Pages: 7
• Grade Level: Undergraduate

It is a place where pesetas (currency in Spain) can often be scarce and where the government fights to keep financial steadiness. ... Also the government has continued to support privatization, liberalization and deregulation of the economy while introducing new tax reforms. ... The government financed these losses by returning to the currency reserves, therefore, putting Spain deep into debt. ... Spain's political situation was revolutionized when the first socialist government took over in 1982. ... To go with these policies of restrictive demand and more flexible supply, the government...

• Word Count: 2349
• Approx Pages: 9
• Grade Level: Undergraduate

It simply encourages businesses to provide what consumers want and at the same time it discourages government involvement. He believed that the only responsibilities of the government should be to define property rights, set up honest courts, impose minor taxes and subsides to compensate for well defined and narrowly specified "market failures". ... Around the world today, government monopolies and other bad practices are under major assault from Adam Smith's ideas. ... He believed in a democratic partnership between government and the people, but knew that each should do what it doe...

• Word Count: 1471
• Approx Pages: 6
• Grade Level: Undergraduate

In 1986 the government introduced a policy package which is often referred as economic reform (Doi Moi). ... First, a gradualist approach may avoid excessive cost, especially for the government budget (Dewatripont and Roland 1992; Nielsen, 1993). ... Fourth, it helps a government to gain incremental credibility (Fang, 1992). ... A minimum bang is a simultaneous implementation of a minimum set of reforms that can be implemented independent of other reforms without failure. It is important to note though that, even across a set of minimum bangs, a gradualist approach may not always be better tha...

• Word Count: 2154
• Approx Pages: 9
• Grade Level: Undergraduate

In this stage government or large organisations will have to be creative with ideas but importantly the organisation will have to uphold its norms and values by creation of a mission statement. Government organisations uphold different norms and values and therefore for government the common good outweigh everything else and society must be taken into account. ... The important evaluation criterion for policies is to ask the following questions: The degree to which the policy achieves what it set out to achieve? ... This is one of the ways for publishers or newspapers, magazines, books and oth...

• Word Count: 1897
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

The government has also relinquished title to much of the country's farmland. ... However, the government did introduce reforms in the larger manufacturing plants, allowing for managers to set wages, prices, and allowance of employee incentives through bonuses (Colliers). ... The government is disgusted and angered by the treatment of Albanians in Kosovo. ... Tensions with Macedonia heightened when the government closed the Albanian University. ... In economics, the government must make it as easy as possible for foreign investment. ...

• Word Count: 1473
• Approx Pages: 6

The following report aims to outline the respective countries' economic structure, growth, and levels of employment and unemployment and the governmental influence. ... Government intervention is endorsed to maintain and regulate industrial relations, and provide subsidies and social service benefits. ... This may be due to the government and central banks introducing wide-ranging policies, including sizeable fiscal stimulus, large reductions in policy interest rates, guarantees of bank debt issuance, and in some cases, sizeable government ownership of troubled financial institutions. ....

• Word Count: 2267
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Introduction The Chinese government has set up a large amount of economic and technological development zones approved by the State Council as state-level economic and technological development zones(SETDZs). ... The government has spent more money in these developmental zones, but receive much less net revenue. ... In 1950s, a group of the state's brightest political, business and academic leaders created RTP as a place to attract and grow research and development R&D operations, drawing upon the strengths and synergies between North Carolina's academic, government and industry bas...

• Word Count: 1306
• Approx Pages: 5
• Grade Level: Undergraduate

Free trade concept is known as international trade without interference or barriers from governments. ... At that time , after the set in of feudal system in Europe, mercantilism policy has grew up. ... Due to the conclusion that much trade result in increase in return and that the most of the international markets are imperfectly comparative, the economists of the new trade theory has got a fast acceptance which can be noticed by the greater degree of intervention from governments. ... Moreover, even if a government subsidy has succeeded to prevent the competition of others it will be passed ...

• Word Count: 1260
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Quad-e-Azam immediately set to the difficult task of rebuilding the economic system of the new country. He therefore ordered the State Bank of Pakistan to be set up so that Pakistan could be a truly sovereign and an independent state. ... A stable political scenario- a stable government is very important for a stable or an improving economy. ... Pakistan also has had a very unstable political history as several of the governments in the past have not been able to or rather allowed to complete their term if office. ... Since the process of capital formation remains in progress it is not p...

• Word Count: 2476
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

These authoritarian reforms are inter-linked with neo-liberal economic reforms in the same period and the outcome was to set Sri Lanka on a path of "socio-political decay". ... Sri Lanka's multi-party political system with regular elections and periodic changes of the government had continued in downfall. ... The ethnic minority communities have attempted for self-government at local and regional levels and a constitutional reform towards federalism. The Rajapakse government is committed to the unitary state. ... The current government takes pride in proclaiming that Sri Lanka h...

• Word Count: 2077
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Effects In many countries the government has to pay the unemployed some benefits. ... Therefore, the government not only has to deal with the lost income and decreased in product but also with additional cost. ... This thing leads to another, when the crime rate hit a noticeable level, people will start question their government. Loss of trust in administration and the government which may leads to political instability. ... Conclusion Unemployment is what young people have to face with when they set first step into the economy. ...

• Word Count: 1776
• Approx Pages: 7
• Has Bibliography

In Rosecrance's view "China may become the production plant for the world, but China's industries would only attain completeness when mated to research, development, product design, marketing, and financing provided by other nations."" (171) The developing world continues to rely on the products of land, and thus remains the least stable set of nations. ... In addition Rosecrance arguments also explores the question of whether governments should work together to regulate the operations of multinational enterprises. ... This will allow governments to ensure stability and maintain...

• Word Count: 1468
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Plans such as the Cruzado Plan, the Bresser Plan, and the Collor Plans used strategies such as devaluing the currency by freezing prices, as well as privatizing government-operated entities. ... Along with this the Central Bank limited the growth of the money supply and set new requirements on bank reserves. Along with his plan to attract foreign investors, Cardoso also wanted to reduce government spending, and help those in poverty. ... Government jobs were cut and civil service reforms were put into place. ... Investors could not easily reach money from government bonds, and foreign inve...

• Word Count: 1759
• Approx Pages: 7

In this book he criticized the idea of government intervention and regulation in economic matters and called for the elimination of such a system. ... Even though some countries found that buying into to such a system would be much easier than opposing it, other countries realized they didn't have a choice and/or were pressured with threat of sanctions and penalties to adopt a neoliberal set of morals and principles. ... Furthermore, the rules of engagement now established through the WTO and by the IMF instantiate neoliberalism as a global set of rules. ... When the army came in to esta...

• Word Count: 2010
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Periodically the IMF will do studies to ensure that the member country is following the agreements as set out by the letter of intent and if the studies reveal that the country has veered too far from the conditions of the loan, the IMF will cease funding. ... The Fund recommended to the Korean government a short-term macroeconomic policy focused mainly on short term high interest rates to restore the confidence of overseas investors during the early months of the crisis. ... Lastly the IMF advised the government to implement various policies to restructure and reform the heavily indebted cor...

• Word Count: 1943
• Approx Pages: 8
• Grade Level: Undergraduate

Second, the integration of financial markets where the capital enjoys a high level of fluidity to flow across borders so that national governments are unable to control the movement of national capital. ... However, the data on government expenditure as a share of gross domestic product for a set of developed countries from the 1960s shows a rising level of state expenditure, which points to the increased role of the state (Hay, 2011: 324). ... As economic interdependence makes national economies sensitive to the economic change outside, the concern to overcome, or to balance, the vulnerabili...

• Word Count: 1836
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate