A crucial issue at the moment is the state of the Chinese currency. Many feel that the Chinese government are manipulating the Currency to keep it undervalued. To keep the Renminbi undervalued the Chinese are selling their currency and buying dollar assets. The weaker Renminbi is good for Chinese exporters. It makes Chinese exports more …
There are quite a few different types of business and companies. From a single, self-employed sole-trader to a multi-national public limited company (plc) such as Shell. Main Types of Business Sole Trader Partnership Limited Company Public Limited Company Sole Trader As the name implies, a sole trader is a business owned by a single person. …
Readers Question: Creating a post recession; what steps should the EU take to reform the banking sector? I have looked at this important issue in this essay: – Steps to Avoid Financial Crisis Reforms To The Banking Sector Could Include Regulation of Mortgage Products Unconventional Mortgages like 100% mortgages, self-certification, interest only, mortgages several times …
Readers Question: how will central bank may increase the supply of money in economy? The money supply is the total amount of money available in the economy at a particular point in time. A narrow definition of money involves notes and coins. A broader definition includes cash plus bank and building society deposits. Policies to …
Readers Question: Does growth forecast always corresponds to the mesured growth? If a bias exist, is it always on the same side? Recently, growth statistics published on February 26th showed that the GDP figures for the fourth quarter of 2009 were a higher than first recorded. GDP grew by 0.3%, rather than the initial estimate …
Readers Question: Why do most people prefer inflation to deflation? is it because such guys are business owners and they don’t to earn a little or what ? what about poor people. how can they make ends meet? think properly, think widely, think about the poor first. then I am sure, you are going to …
Insurance is a means of protecting the loss or costs caused by an event that may or may not happen. Insurance coverage is by a contract in which one party, the insurer, agrees to indemnify or reimburse another, the insured, for loss that occurs under the terms of the contract. In exchange for payments from …
Readers Question: Does it (financial crisis) have any possible positive effects for the future? It is an opportunity to repair a broken financial system and put in safeguards to prevent future boom and busts. For example, we could have policies which banks automatically hold more deposits during a boom to provide counter cyclical instruments. Better …