Introduction Financial intermediaries refer to firms, institutions or any other party that comes between two or more parties in the context of finances. They involve the banking institutions or other non-banking institutions that transfer finances from the agents in the economy with excess funds, to those experiencing deficits. They connect...
Financialization America has become dependent on trading and speculation and this in itself is a problem to the country. The author refers to this problem as “financialization”.He mentions that there is a friendly relationship between the Bush family and the producers of oil. The Republican Party has formed close ties...
Thesis statement Saudi Arabia economy is built up based on oil with strong government control over major economic activities. The economy is centrally planned with some private companies which are controlled by the government. Before the discovery of oil in the Kingdom, the economy was built upon nomadic production, sea...
The Federal Reserve System was created in 1931 because there were bank failures during those periods. Economies in the world rely on supply of currency within their country and it is this reason why the Federal Reserve System was created for regulating the supply of money. It was also started...
Introduction (McKinnon, 2001) found that, interest rates are manipulated by central banks that intervene with a limited enforcement power. Central bank is a monetary authority and has the responsibility to control monetary policy for its particular country as well as a group of states who are members under the control...
Income statement The statement shows that the revenue, gross profit, operating income, and net income improved. This can be attributed to successful strategies such as diversification that are implemented by the company (The Walt Disney Company, 2015). Balance sheet The balance sheet also grew during the period. There was an...
Introduction Money plays an important role in helping decide the monetary policy. Monetary policy means varying the supply of money in the market. When there is a huge demand for money in the market the central bank tends to increase the supply to meet the demand. However when the money...
Introduction Credit rating Agencies – CRAs – are part of the infrastructure of the financial system. However, their role and presence in the financial markets might have remained subtle and latent until the 2008 global financial crisis. Many commentators of the 2008 crisis cited the drop in mortgage value of...
Barter trade In primitive societies, people use a system called barter trade. This involves the exchange of goods for other goods that the buyer wants (Ashby, 2009). Normally, in such a society, people produce their products for use and only purchase a little from the outside to supplement what they...
Businesses exist to make sales and at the end of it to make a profit. The four students who are best friends founded We Guess and You’re Wrong business to support other businesses. They would benefit by making profits. Overview of the Firm YWG and YW is a consultation firm...
The global economic crunch has had a considerable impact on policy development and implementation. It has affected economic stability previously enjoyed by numerous states. Economists are some of the crucial stakeholders involved in the policy development. Observably, 1980-2007 was characterized by a stable global economy (Bonner, Addison & William, 11)....
Federal Reserve’s Assessment: Current Economic Activity and Financial Markets The Federal Open Market Committee (FOMC) has recently reported that the Consumer Price Index (CPI) for urban consumers remained the same in December 2011 as it was in earlier months. Food and energy were the only items not affected by the...
Abstract This paper is prepared on the basis of most sensitive US government’s act of financial bail- out bill while the starting point identifies initial relationship between economy and monetary policy. After several aspects like- moral hazard, bank capitals, Fed influence regarding that policy have been discussed and finally some...
Introduction The European Union (EU) is facing ongoing economic challenges occasioned by stagnating economic growth and the euro-zone debt crisis. Since the economic recession of 2007-2008, the EU’s economic growth has been gradual, and it is projected to reach less than one per cent (Smithers n.pag.). Compared to previous years,...
It is often argued by economists that supply side policies are more effective than demand side policies in achieving macroeconomic objectives. Assessment of the effectiveness of supply side policies which have been used in many countries such as UK and Malaysia and examination of the impact it had on the...
Abstract One of the most sensitive issues in the world of economics is how political issues impact on economic issues in any given state. While its the politicians who introduce and enact the policies, economists and the society both who have better understanding of the issue at hand and bears...
The Federal Reserve administers the American budget by means of several gears. They apply these gears to outline the financial strategy of the United States, endorse economic growth, and decrease the degree of price increases and the redundancy percentage. By regulating these gears, the Federal Reserve can administer the expanse...
Introduction When considering the development of global marketing strategies, the question of how to consolidate the preparation of financial reports have turned out to be one of the most crucial problems. In an attempt to make the process of reporting easier and to create global standards, the International Financial Reporting...
International Financial Reporting Standards (IFRS) are a globally acceptable system of fiscal analysis whose primary objective is to harmonize economic reporting. The International Accounting Standards Board (IASB) recognizes IFRS as an efficient means of providing a common approach to analyzing business affairs (De George, Li & Shivakumar 2016). Increased foreign...
Abstract This paper examines an industrial company located in the United Arabs Emirates, Dubai. It examines the financial performance and health of the company using the company’s financial statements that include the income statement and the balance sheet and the ratio calculations, which include the short-term solvency ratios, asset management...
Introduction A critical analysis of recent research findings and existing literature on financial stability reveals that the issue of financial stability has attracted significant attention from policymakers and academics across the globe. The cause of the increased concern can be traced to the severe economic consequences associated with the financial...
Overview of IFRS The American Institute of Certified Public Accountants (AICPA) proposed an online course that helps to understand the basic principles associated with the IFRS. The first segment of the course is the introduction to the key principles behind the IFRS that are discussed by the experts in the...
Introduction Food prices have increased significantly since 2006. The increase in prices was initially observed in key food crops such as corn, rice, vegetables, and wheat. However, the trend has also been observed in other non-food commodities in the recent past. The price of corn in the United States rose...
Introduction It is the essence of every economic system that the businesses and entrepreneurs bring together the natural resources, capital, labor, and technology to produce and distribute goods and services for the well being of the people and development of the economy as well. The ways in which these factors...
Introduction This paper explores behavioural issues in finance by reviewing key concepts and theories associated with financial market assessments. Key tenets of this essay contain discussions about the role of the modern portfolio theory, asset valuation metrics, and the efficient market hypothesis (EMH) in behavioural finance, including a review of...
Introduction In any stock market analysis the impact of monetary and fiscal policies of the nation cannot be ignored as they have an overwhelming impact on the movement of stock market prices. The stock market can not be regarded as the ‘cause’ of the growth of an economy, but in...
Introduction Modern politics calls for states to enter into certain agreements in order to succeed in achieving the national interests, even though their objectives might be different. The increase in the number of international organizations can be explained from two different perspectives, one being a realist perspective while the second...
Introduction The retail finance services have provided a healthy platform for revenue generation in several corporations due to its stability. Nevertheless, the retail industry has suffered from diverse crises in the contemporary world. Thus, the retail banking remains as the most important resource for revenue in the financial services business....
Introduction Economic growth is defined as an increase in the market-adjusted value of goods and services produced by an economy over a particular period of time. For the sake of convenience, it is measured as the percent rate of the positive change in GDP, gross domestic product. In the modern...
Money as a medium of exchange Money refers to anything that can be used as a medium of exchange. However, how money is defined and used by the non-economists varies significantly from the way it is perceived and used by economists. For instance, employees earn income which they commonly receive...
Money Mechanics Introduction Any society has the option of adopting barter trade. This will be especially possible if the society willing to adopt barter trade produces almost all products and services that are required within the society. In this scenario, different producers will have to link with each other in...
Introduction Globalization has not only become one of the most defining forces of the 21st century but also one of the most impactful drivers of change in the financial sector.1 Several players are involved in the global financial system. Some of them include financial institutions, intergovernmental institutions, and central banks.2...
Introduction Business standards and quality of management are principal areas of changes through which nations can enhance their financial status. Improving the ease of doing business can be achieved through measures that stimulate significant benefits. Small and medium scale enterprises (SMEs) are engines of development, growth, employment, and social union...
Executive Summary This essay analyzed the financial position of a given company based on two financial years, 2013 and 2014. The aim of such analysis was to examine the selected company’s strengths and weaknesses, as well as establish whether or not it could be considered for Financial Services Management. The...
Introduction: Economic System With the lapse of time, relationships between people were becoming more and more complicated due to the fact that the number of ways to store and manage natural resources and the resources that involved the application of human labor was growing. Nowadays, there is a wide range...
Introduction The financial world is a complex system that consists of networks, decision-makers, tax regimes, regulators, policies, markets, institutions, and several other components. The environment that supports financial services plays a major role in determining the financial services that are available in a certain economy and their viable alternatives. Consequently,...
Introduction Government spending occurs in the construction and maintenance of schools, transport systems, health sector, and public safety among other critical areas that are essential in sustaining human lives. The revenue is collected through the imposition of taxes by the local and national governments. The justification encouraging business tax incentives...
Introduction Financial statements are very important because they provide information about an entity’s financial performance and financial position within a given period. According to Hamidah (2013), the primary goal of financial statements is to offer information about a firm’s financial performance and position, which can be used by both the...
Introduction The concept of Islamic finance has undergone considerable expansion over the last few years, as evidenced by the many Islamic Financial Institutions (IFIs), which have been developed across the globe. A study conducted by the Council for Islamic Banks and Financial Institutions (CIBAFI) in 2004 shows that IFIs grew...
Introduction Governments have a responsibility to balance between their country’s expenditure and revenue by formulating and enacting monetary and fiscal policies. Moreover, governments should ensure that they balance between the application of the monetary and fiscal policies to stimulate economic growth. This assertion arises from the view that the implemented...
Background The flat tax rate policy is a policy that has elicited mixed reactions from policymakers, politicians, taxpayers, and governments across the world. The controversy of the flat tax rate lies in the effects on economic growth and fairness among taxpayers. Fundamentally, the flat tax rate is a form of...
