Finally, in this essay I will look more deeply into impacts of financials crisis on insurance and pension fund companies. ... Last but not the least financial instrument is derivative, which will be defined in second part of this essay as it was one of the main reasons of Global financial crisis in 2007-2008. ... Since most of the CDO's were getting highest investment rates regarding their quality, lenders and investment banks started racing in volume of mortgages. ... Due to higher risk banks had to charge higher interest rates, which substantially increased their profits and since ...

• Word Count: 2663
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

However, to become a superpower, Korea realized that it needed to start by exporting cheap goods to build its economy (Doner, Ritchie, Slater, 2005). ... And this inflow of cultures and ideas helps with the furthering of human and societal progress. ...

• Word Count: 3315
• Approx Pages: 13
• Grade Level: Undergraduate

Article Reviews As editor of the book, "Exploring Post-Development," Aram Ziai provides an introductory look at the discussions of post-development theory, taking a cursory look at the various arguments for, or against, post-development. Ziai expertly delivers an overview of the post-development mov...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate