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Papers On International Economics & Finance
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European Monetary Union
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A 5 page paper that discusses issues related to the EMU and the EU. The performance of the euro since its inception is reported as are political concerns being expressed by some member-states. Bibliography lists 10 sources.
Filename: PGEMU.rtf

EUROPEAN UNION AND ATTEMPTS TOWARD ECONOMIC STABILITY
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This 3-page paper discusses how members of the EU are trying to deal with the current economic crisis. Also under discussion are prospects of business in Turkey, which is on the list for EU membership. Bibliography lists 3 sources.
Filename: MTeuecosta.rtf

European Union Membership; The Case of Turkey
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This 5 page paper considers Turkey and the country’s wish to join the EU. In three sections the first section considers the criteria for joining the EU, the second part of the paper looks at the costs and benefits of joining and the last section considers the role of the single currency and how Turkey may be affected if they join the Euro zone. The bibliography cites 5 sources.
Filename: TEturkcr.rtf

European Union: Relative Positions of Ireland and Great Britain
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A 10 page paper discussing the EU; historical economic differences between Ireland and Britain; and how those differences have influenced current positions. The single market still is a long way from reality in Europe, but the very promise of it becoming reality affects both member and non-member nations. The promise of the single market and EU membership forced nations to become fiscally responsible and business-oriented. Ireland had not been; Britain's entire economy already was based on such an approach. These historical concepts can explain each nation's success despite their divergent views on EU membership. Bibliography lists 10 sources.
Filename: KSeuIrEng.wps

EXAMINING THE INCOME OF IRELAND - CIRCULAR FLOW
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This 7-page paper discusses measurements of national income (such as Ireland), circular income flow, and fallacies of both. Some economic figures about Ireland are also included with this paper.
Filename: MTireinc.rtf

Exchange Rate Difficulties
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A 3 page paper assessing the origins of the UK’s current position in international trade. The purpose here is to assess the statement, “The United Kingdom does not have balance of payments problem but exchange rate problem,” and the paper concludes that this statement is true. Any problems with foreign trade today are more likely to be attributable to the inefficiencies of currency exchange than to structural problems with the UK’s trade balance. Bibliography lists 4 sources.
Filename: KsxchgRateUK.rtf

Exchange Rate Management
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An 8 page paper discussing the purchasing power parity (PPP) measure as used to compare movements of currencies on the world market and against each other. Even where exchange rates are fully free-floating the PPP is useful for comparing currencies and predicting which currently are undervalued and can be expected to rise in the future. The purpose here is to assess the statement, "A country's choice between a hard peg and floating exchange rate depends in part on the characteristics of the economy and in part on its inflationary history." Bibliography lists 10 sources.
Filename: KSfinXchgPar.rtf

Exchange Rate Mechanisms; Financial Considerations for Individual Companies.
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This 10 page paper looks at three different exchange rate mechanisms; the Gold Standard, the Brettron Woods Agreement and the European single currency, outlines their mechanisms and considers the way that these agreements may impact on the job of the treasurer/company accountant. The bibliography cites 4 sources.
Filename: TEexcgrt.rtf


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