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The Eurozone or the euro area can be defined as the union of countries in Europe who have decided to adopt the euro as their as a common and only currency. This economic and monetary union (EMU) currently has seventeen member countries who are Austria, Cyprus, Spain, Slovenia, Belgium, Italy, Ireland, Estonia, Greece, Germany, Portugal, Netherlands,...
This work seeks to review some of the fairly recent strategies to reduce carbon emissions from vehicles. Are there alternatives to scrappage to reduce carbon emissions What does the literature indicate on the effectiveness of scrappage and other strategies in reducing the carbon emissions from vehicles Do the strategies have other effects such as boosting...
rsid16260947generator Microsoft Word 11.0.5604infotitle There is a vast body of literature to show the cause-and-effect relationship between trade openness of a country and the growth of incomeauthor BILALoperator BILALpar rtlch af0 ltrch insrsid8486573 There is a vast body of literature to show the cause-and-effect relationship between trade openness of...
Over a period of time, economists have claimed that financial institutions have an important role to play in the industrial development of a country. The development process enhances due to the allocation of resources that speed up the productive process. In such a scenario, the well developed financial institutions become crucial for the efficient...
It is said that education is the main driver of economic growth. Investment in education also means that the standards of living are improved because of the increased economic ability. Most of the growth models that are used emphasize on the importance of education and suggest that it (education) has a huge impact on the macroeconomic performance. The...
A nations economy is very significant in the development of that particular nation in diverse areas. Every nation has the manoeuvre to better its economy in a bid to better the livelihood of its citizens and to increase independence. Prior to the United States great depression, economy was approached by the laissez faire approach. However, after World War...
The UK sub-prime mortgage crisis initiated rigorous fiscal market upsets. These upsets, together with the extensively reported credit crisis, have deepened what otherwise might have been a placid financial slump. The UK financial system is now in the middle stages of a financial slump. A number of regions of the country will undergo excessively harsh...
Finance involves application of financial and economic standards with intentions of getting the most out of the wealth and value of a business (Groppelli Nikbakht, 2006, pp.3-4). The implications of finance are not only related to business organizations. There is a worldwide connection between the financial markets through the use of telecommunications....
TOC \o "1-6" \h \z \u 2.0 Literature Review PAGEREF _Toc321881379 \h 22.1Introduction PAGEREF _Toc321881380 \h 22.2Overview of China‰Ђ™s Banking Industry PAGEREF _Toc321881381 \h 22.3Description of Efficiency Theories PAGEREF _Toc321881382 \h 52.3.1Economic Efficiency PAGEREF _Toc321881383 \h 52.3.2Technical Efficiency PAGEREF _Toc321881384 \h...
BRIC economies are considered the largest market economies with a rapid growth, and accounts for more than three billion people, who are slightly under half of the total population in the world. These countries have made a substantial contribution to the growth in the world GDP, in fact, numerous economist have developed projects indicating that china is...
S&P and Moody influence the U.S financial markets by reflecting difference indicators of the financial health of the banks. These ratings tend to be sensitive depending on the economic climate; thus, many rating agencies have nowadays changed their rating model in response to the latest financial crisis that impacted the US financial markets. The...
Economic conditions impact significantly on the lives of people. Human survival is still very much founded on economic trade and relations with limited natural resources prompting individuals to trade goods with each other. Current economic conditions indicate that some individuals in some parts of the world do not have sufficient resources to support...