Category: Economics 2707

International Financial Reporting Standards Article Discussion The article Advantages and disadvantages of IFRS compared to GAAP by Anna Jordan aims at giving a complete picture of the ongoing switch to the new reporting system in the United States. While the author does not summarize its statements or try to weight the listed arguments and give…

European Debt Crisis: Fiscal Union Modern Perspectives Table of Contents Introduction The forging of a fiscal union Benefits of forming a fiscal union Limitations of a fiscal union Conclusion Works Cited Introduction The European Union is currently experiencing one of its worst financial crises since the formation of the regional body in December 1991. So…

Sanctions Imposed on Russia: Economic Impact Table of Contents Economic Impact: General Aspects Economic Impact in Agriculture Economic Effect in Energy Positive and Negative Effects for Russia Conclusion References During the last several decades, Russia has been one of the leading importers of agricultural products globally. The country developed business relationships with different countries and…

Distinction of Concepts: Bond Prices When performing financial calculations, it is crucial to distinguish strictly between theoretical concepts. This will allow for a deeper understanding of the essence of the calculations being made and not to get confused when searching for a solution to a problem. In the context of this study, these concepts are…

Economic Problems of Modern Latin America In Latin America, there are now three vectors of economic development. Some countries show high rates of economic growth, while others show an apparent slowdown, but there are also some states that are in deep crisis. Despite the countries success in the so-called golden decade, many of them are…

The North and South Regions in the U.S. In the 19th century, the North and South regions in the U.S. had been divided. The Southern economy was driven by cotton plantations, which were worked on by enslaved African-Americans. Conversely, the North depended more on manufacturing and paid workers. The North had a sentiment of abolishing…

Vietnam: Controlling the Deflation and Providing Stability Vietnam Nam has been the Ministry of Finance the United States sticker labels are those who sport in need of money currency in press statements usually aged about to stop blocking the country in winning is beneficial that commercial trade does not work with on day 12.16.2020. Month…

Feasibility of Investing in the US and Turkey Introduction One of the most significant factors when deciding whether to invest in a certain country is the volatility of its currency. It has been argued that currency volatility is correlated with the volume of international trade. It is an intuitive conclusion since volatility raises risk. High…

Financial Pyramids: Bernard Madoff Ponzi Scheme In most cases, if it is about financial pyramids, unstable, and usually rather weak market economies are meant. At the same time, when financial relations were not yet typical for the population, and the majority of people started to master the capitalist principles of the market, the chances for…

Foreign Direct Investment Net Inflows Introduction FDI is a form of investment inflows that involve obtaining a lasting interest by a resident entity of one economy in an enterprise that is resident in another economy (Reinert 2011, p. 67). The lasting interest means that a long-term relationship exists between a foreign investor and a local…