Examples of such flexibility in terms of alternatives include carbon sinks and alternate power sources (wind, solar), which serve to offset pollution emitted by a firm, rather than generating an actual reduction. ... 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...

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

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. This act served to stimulate job growth and provide some temporary relief to those most impacted by the recession through spending billions of dollars in tax relief, public works projects, education and job training, etc. ... Crowding out occurs when increased government spending hinders private investment. ... The unempl...

• Word Count: 2201
• Approx Pages: 9
• Has Bibliography
• 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". ... 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, governmen...

• Word Count: 1471
• Approx Pages: 6
• 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. ... They are served as "windows and bases"" in the fields capital attraction, export enlargement, hi-tech development and regional economy promotion. ... In other words, it is much more necessary for the local government in China to draw diversified organization into investing and m...

• 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. ... Moreover, even if a government subsidy has succeeded to prevent the competition of others it will be passed on to foreign consumers instead of securing excess returns for domestic firms. ... As illustrated, not all factors are related to government interference. ... Gomory Baumol, New York University economics professor who served as president of the American Economics Association in the 1980s,...

• Word Count: 1260
• Approx Pages: 5
• Has Bibliography
• 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

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

The importance of unemployment as mention in economics that it serves as a measurement of the economic health in the small scale or in a national scale. ... Effects In many countries the government has to pay the unemployed some benefits. ... 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

These firms serve similar markets and they see themselves as members of the same industry and strategic group. ... Each of these companies has created a structure, a certain style, a set of routines which operates to get the best out of employees.These routines have continued to produce exceptional results and add value. Kay (1995) points out, "Architecture depends on the ability of the firm to build and sustain long term relationships...it is easier to sustain architecture than to set out to create it." ... The first major step for the managers is to recognize the nature of the firm's...

• Word Count: 2238
• Approx Pages: 9
• Grade Level: Undergraduate

According to the Embassy of Brazil in Wellington, "An important fraction of investments were directed to the massive privatization program implemented by the Brazilian government". ... Consequently, these policies generated ambitious multinationals corporations – now working side by side with the government. ... Investments in areas such as urban mobility, infrastructure, and public safety not only serve tourists during the events but also become a legacy for the local population. ... With that said, according to The Economist, despite China's outstanding economic develop...

• Word Count: 1456
• Approx Pages: 6
• Has Bibliography

China has been able to become the second largest economy in the world by adhering to the rules of global trade set up by the British in the 19th Century and the US in the 20th. ... Zeiban also predicates China's fall on their financial system because of how he believes the Chinese government limits what its citizens can do fiscally. ... The Chinese government has taken many efforts to direct its country out from its chaotic beginning to the current position in less than a century. ... Throughout its history, the Chinese government has experienced many types of economic policy, ranging fro...

• Word Count: 1993
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

The portion of animals managed by the temple serves more than one purpose. ... " However, apart from the lexical evidence which speaks to this groups' identity and name, there are no other indices that the temple, the crown, or the provincial government, exacted any economic returns from that group of people. ...

• Word Count: 2449
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Because of factors like deregulation from government, commercialisation and continuous movement of passengers' worldwide, demands on airports are continuously increasing. ... Benchmarking offers potential to improve the efficiency and effectiveness of an airport and hence serves as an important tool for the airport management for decision making (Graham, 2005). ... Martin and Roman (2001) point out that partial indicator have indeed provided insight to airport mangers, but these managers usually face the problem of interpreting a relatively large set of indicators. ... According to Hensh...

• Word Count: 2404
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate