2.2 Role of globalization and economic growth Syed etal. (2002) explains the global financial crisis in South Asia and the GE model is using to investigate its effects. The main objective of this study to generalize the economic crisis globally by using general equilibrium model and SMEs are to provide a detailed review of the sector. Using simple random technique is used for collecting four provinces data and using cross-sectional data from 400 SMEs were also collected. General inflation increased
Introduction The process of world economic communications development has become one of the major catalysts of the world economy: the steady increase of scales of contacts between the certain states, countries, groups, the national and international organizations has been noted during the whole twentieth century. Undoubtedly, at the present stage international trade plays the increasing role in economic development of the countries, regions and all world community. As throughout the post-war period
regional trade through AFTA. It is the earliest major regional trade agreement in East Asia and has successfully reduced regional tariffs and non-tariff barriers. It also promotes FDI but this area is mainly dealt with through the ASEAN Investment Area (AIA) which was established in 1998. The main instrument of AFTA is tariff liberalization through Common Effective Preferential Tariff (CEPT). Indira M. Hapsari and Carlos Mangunsong (2006) analyzed the impact of AFTA in increasing the trade among its
The stakeholder marketing's advocates that a better useful reaction is possible during headlining the pathways for more studies. The first thing that must be found in an evaluation is a great acknowledgment to the positive effects of marketing and that the marketing community could not endure without it. Nevertheless, damage may be resulted from marketing; marketing's toxic results can be investigated. Actually the argument of marketing damages on users is long-lasting. Nowadays
different users including investors, banks, regulators and the public. This is a cyclical process and if accounts of a business are properly prepared in accordance with accounting standards, it encourages confidence in the business and this in turn boosts trade. In order to allow investors to make informed decisions in relation to global investments, the International Financial Reporting Standards (IFRS) are used in over 100 countries worldwide. IFRS are a set of rules, developed by the International Accounting
The first time someone reads the title “Cocktail Party,” one might assume that it is a book about how to make different drinks. Don’t let the title fool you. Despite its deceptive title, Cocktail Party is a book that looks at varies aspects of economic. The first five chapters discuss the concepts of value, exchange, scarcity, comparative advantage and production. All of these concepts are very important should one wish to have a good understanding of the supply, demand and equilibrium concepts
rate volatility on international trade is relatively new for economic literature, taking into account that this area of economic thought is extremely actual for modern world economy, a multitude of different theoretical, as well as empirical, articles and scientific works has been already written. It is arduous to distinguish the common feature of these works, because of their great variety: the existence of large amount of various approaches to modeling the effect of exchange rate and different results
definition and understanding of the phenomena under study. The theoretical framework which differs considerable from all other reviewed works is then considered before proceeding to examine existing literature on the extent to which globalization impacts economic growth. 2.1 Defining Globalization and its Dimensions The concept of globalization has deep historical roots. The notion of an initial global economy is ascribed to the seventeenth century while the beginning of the modern global era is attributed
with a gift from Ben and Jerry & 7.5% of the company's annual pre-tax profits to fund community-oriented projects. Anti-Artificial Growth Hormone Ben & Jerry's is against Recombinant Bovine Growth Hormone (rBGH), based on concern about its adverse economic impact on family farming and public confidence in the wholesomeness of dairy products. Farm Aid Eight million Ben & Jerry's pints carry a "Support Farm Aid " message as part of the grassroots efforts of Farm Aid, a non-profit organization whose mission
The key elements and structure of the Customs Union initiative In January 2010, Russia, Belarus and Kazakhstan formed the Eurasian Customs Union. In January 2012, the three countries agreed to even closer economic ties, by signing the agreement to form a “common economic space.”Their earlier effort at a Customs Union failed due to high transfers from Kazakhstan and the other Central Asian member countries to Russia; unfortunately, the current Customs Union imposes a tariff structure that repeats