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Papers On International Economics & Finance
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Economic Growth and the Solow Growth Model: Includes Country Comparisons, Formulas, Stylized Facts and “The Golden Rule”
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This is a 9 page paper discussing Solow’s Economic Growth Model including country comparisons, formulas, stylized facts and “the golden rule”. Robert Solow’s economic growth model (1956) takes into account various important economic determinants of growth which include capital, labor, human capital, life expectancy, technology, trade and geography among other components which help to answer certain discrepancies which appear throughout the world economies today such as why some countries are rich and others poor; why some countries grow faster than others; how some countries manage to sustain economic growth; and why growth miracles and disasters can occur. Stylized facts included with Solow’s assumptions and model are those which have found that there are large variations in per capita income across economies; rates of economic growth vary a great deal across economies; growth rates are not constant over time; countries can move between being rich and poor; growth in output and trade are related among others. Solow’s growth model emphasizes all of the aspects of the importance of economic growth within a society. It also includes components of the supply and resources of a nation which can expand opportunity for a country’s production. Above all, savings are critical in that they must be high enough to replace the depreciated capital and also provide for the workers. Lower savings means lower worker productivity and lower living standards. The Solow growth model basically defines the conditions of different nations’ approach to an equilibrium level of capital stock (a steady-state). While developed nations such as the United States have reached this level of steady-state, other developing nations are still experiencing rising levels of high savings and rising capital/labor ratios. Bibliography lists 6 sources.
Filename: TJSolow2.rtf

Economic Growth in Latin America
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An 8 page research paper discussing the impact of foreign debt on Latin America's economic growth and development. The writer discusses Mexico, Brazil, & Argentina, --and -- also focuses on the economies and the social implications arising from the foreign debt in these countries. Bibliography lists 9 sources.
Filename: Latinam2.wps

Economic Growth of the UK in Comparison to OECD Countries
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This 9 page paper compares the growth within the UK economy to the other OECD nations. By looking at different aspects of the economy such as GDP per capita as well as the standard of living, surprising comparisons can be made. The paper includes 3 graphs and the bibliography cites 7 sources.
Filename: TEukoecd.wps

Economic Impact Analysis
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This 6 page paper considers the potential economic impact if an employers set up a new facility in a new area. The paper considers the costs and advantages to the local area in attracting the employer and the economic impact through the multiplier effect. The bibliography cites 2 sources.
Filename: TEecanal.rtf

Economic Impact Of NAFTA In the United States
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10 pages in length. The buildup and anticipation that the proposed North American Free Trade Agreement (NAFTA) conjured made it appear as though it would be the saving grace for a drooping United States economy. However, enough time has gone by since the Agreement's implementation to determine that, for the most part, NAFTA has not produced the expected economic impact it was supposed to stimulate. Hit particularly hard has been the labor industry, inasmuch as many American companies have opted to move their manufacturing plants to Mexico in order to take full advantage of cheaper operating costs; as a result, American workers are being kept from seeking better wages, since the company can decide at any moment to move the plant south of the border for significantly less money. The writer discusses NAFTA's impact upon the United States economy. Bibliography lists 9 sources.
Filename: TLCnaft2.doc

Economic Indicators in France
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A 5 page paper discussing economic conditions as reflected in economic indicators January-May 2000. Unemployment in France has not been below 10% since 1991, but 2000 continued steady declines to reach a level of 9.6%. More than 465,000 jobs were created in 1999, and forecasters expect the trend to continue in 2000 with the creation of an additional 200,000 jobs. The eurozone is recovering from its 1999 downturn as well, and is seen as being more certain for investment success than the US, where inflation worries have arisen and the Federal Reserve works to slow growth. Includes tables reflecting French unemployment and the consumer price index. Bibliography lists 4 sources.
Filename: KSeconFr.wps

Economic Integration in the Americas
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11 pages in length. The possibilities for hemispheric integration are still uncertain but many feel it is possible and even probable this vision will come to be. This excellent paper focuses on The Free Trade Area of the Americas (FTAA) as a viable plan, and different countries have different reasons for being interested in its success. Considers NAFTA as well as the Asian Economic Crisis. Bibliography lists 7 sources.
Filename: JGAecoam.wps

Economic Issues in Singapore; Measurement of an Economy and Supply Side Economics;
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This 6 page paper considers the Singapore economy. The first part of the paper looks at the difference between Gross national product (GNP) and Gross Domestic Product (GDP) going on to consider which is the best measure of the economy for Singapore. The second part of the paper then looks at supply side economics applying them to the Singapore economy and considering how successful they may be if used by Singapore in recession conditions. The paper includes 1 graph and the MLA style bibliography cites 6 sources.
Filename: TEsingec.rtf


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