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... mineral wealth) makes them priorities for peace in the DRC. Just as the causes of war remain, the post conflict setting is further marred by negative factors acquired during hostilities; societal polarisation and lack of incentive to give up fighting (Collier, 2006). Understandably, bitter hatreds a ...
Business, Knowledge, and Global Growth
Business, Knowledge, and Global Growth

... financial instruments, along with advances in technology, have reduced the costs of—and created opportunities for—hedging risks that could not be laid off twenty-five years ago. The financial system has become more efficient—better able to support new investments and economic growth—and more flexibl ...
Part 2
Part 2

... – The solution implies firms employ all the supplied capital and labor in the economy. – The production function is evaluated with the given supply of inputs. – The wage rate is the MPL evaluated at the equilibrium values of Y, K, and L. – The rental rate is the MPK evaluated at the equilibrium valu ...
Economic Tools and Economic Thinking
Economic Tools and Economic Thinking

... In writing for the majority, Justice O’Connor indicate that “American businesses have made clear that the skills needed in today’s increasingly global marketplace can only be developed through exposure to widely diverse people, cultures, ideas, and viewpoints.” She went on to say that she expected t ...
Investigating the Price Control Policies on Innovation
Investigating the Price Control Policies on Innovation

... through the private sector, and this issue in the long-term leads to the imbalance of supply and demand for the desired commodity and in this case, not only the government's main objective which is to protect consumers is unrealized but also causes an other problem as economic under development, so ...
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Course Content - Business Administration

... Pricing / Capital Investment Analysis / Statement of Cash Flows / Financial Statement Analysis / Financial Statement Analysis LAW384 - FUNDAMENTALS OF COMMERCIAL LAW (3+0) Legal caracteristics of special contracts frequently used in economic life (special kinds of sale of goods, sale of industrial a ...
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ANALYTICAL SUMMARY Javier MARTÍNEZ PEINADO “The
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MS Word Version
MS Word Version

... If you examine how the bourgeoisie looks at economic crises you will find that they always focus on the financial sphere. (E.g., things like “speculative excesses”, “insufficient regulation of the financial sphere”, “mistakes by the Fed”, and the like.) That is their understanding of what crises are ...
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attachment_id=141
attachment_id=141

... Friedman believes a national economy is more stable than Keynes postulates. If left alone, “The market will generally perform its magic more effectively in producing wealth than government involvement could ever accomplish”. Friedman’s A Monetary History of the United States, 1867-1960 is another we ...
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Dynamics of the Mixed Economy

... distributes the available income and does not guarantee an increase of employment and production. It may well have the opposite effect, even if income distribution by way of taxes should increase the propensity to consume. While consumption may thus be increased, the inducement to invest may be stil ...
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Economic democracy

Economic democracy or stakeholder democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbors and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations externalize costs, subordinate the general well-being to private profit, and deny the polity a democratic voice in economic policy decisions. In addition to these moral concerns, economic democracy makes practical claims, such as that it can compensate for capitalism's inherent effective demand gap.Classical liberals argue that ownership and control over the means of production belongs to private firms and can only be sustained by means of consumer choice, exercised daily in the marketplace. ""The capitalistic social order"", they claim, therefore, ""is an economic democracy in the strictest sense of the word"". Critics of this claim point out that consumers only vote on the value of the product when they make a purchase; they are not participating in the management of firms, or voting on how the profits are to be used.Proponents of economic democracy generally argue that modern capitalism periodically results in economic crises characterized by deficiency of effective demand, as society is unable to earn enough income to purchase its output production. Corporate monopoly of common resources typically creates artificial scarcity, resulting in socio-economic imbalances that restrict workers from access to economic opportunity and diminish consumer purchasing power. Economic democracy has been proposed as a component of larger socioeconomic ideologies, as a stand-alone theory, and as a variety of reform agendas. For example, as a means to securing full economic rights, it opens a path to full political rights, defined as including the former. Both market and non-market theories of economic democracy have been proposed. As a reform agenda, supporting theories and real-world examples range from decentralization and economic liberalization to democratic cooperatives, public banking, fair trade, and the regionalization of food production and currency.
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