China’s Rural and Urban Inequality

During the last three decades, China has great changes, and these changes were originally a series of progressive political reform-driven. The late 70’s of the last century, the agricultural sector reconstruct, this is known as the “agricultural reform”, lasted for eight years. The subsequent second period known as the “urban reform” began in 1985, until now it is still continuing. The rapid development of industrialization, restructuring of state-owned enterprises, trade openness increased export tax rebates and financial assistance links, as well as the gradual liberalization of the financial markets are the characteristics of this period. But the “urban reform” also brought the negatively impact: that is caused the inequalities between urban and rural increased again. The causes of inequality caused by urban and rural China is multifaceted, but the main reason is that “duality system”.

Furloughs In Place of Layoffs

Many organizations are turning to furloughs as an option over layoffs. In the short-term, furlough will optimize the cost of productivity while closing the budget gap. In the long-term, the organization is saving because they are able to keep their top employees and not have to hire and re-train staff. In our current time of economic crisis, furlough is an optimal choice for reducing costs and maintaining the integrity of the organization in the least invasive aspect.

Investing in Technology and Education to Sustain Economic Growth


Annotated Bibliography
Khateeb, F. B., Darrat, A. F. and Elkhal, K. (2007),” The UAE growth surge: have information technology and human capital contributed?”, Studies in Economics and Finance, Vol. 24, No. 4, pp. 297-306.




Trade in South Asia is an ancient activity, both within and beyond. South Asia consists of seven countries namely, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka. South Asian countries, officially known as SAARC countries contain about just over a fifth (21.7%) of the world population, but earns a mere one-sixtieth (1.65%) of the world GNP. South Asian share of the world’s imports and exports are even smaller, namely a little over one-eightieth (1.2%) of world imports and about one-hundredth (0.98%) of world exports. It is noteworthy that while world exports grew about 50.4 percent during a six year period (1994-99), SAARC’s exports to the world grew significantly more, about 80 percent over 1994-99 . During the same period world imports grew 48.9 percent while SAARC’s imports from the world grew 85.8 percent. It shows, overall, that SAARC as a region has been gradually integrating with the world trade, nibbling at a slightly larger share of both the global exports and imports.

The Benefits of Taxes

People often say taxes are evil and the government wastes all the money it takes from them, but is this true? Many tend to ponder why is it that even when they are giving such a large sum of money to the government, the public services such as education and health care are still so tight. Whether it is the education system, arts, sports or public services, everyone can see the impact of a tighter budget. With so much money annually taxed, people should all be having luxurious benefits, but the situation cannot be any further from reality. This makes one ask: is the government doing a negative thing to tax the people annually? Where will the government get the money to provide public services if not from its citizens? After all the services provided are benefited by everyone. People have always been talking about tax in a really negative way, yet everyone is receiving the benefits that their tax money are gone to. Many often do not take time to think how much money it takes to run a government serving 300 million people. For this reason alone, I’m am compelled to argue for the issue of why tax should be seen in a more positive light. It is not as if the government takes the tax money, stores it in their bank, and not use a penny of it. Contrary to the widespread popularity of the idea that taxes are immoral, there are not enough people who think about what the government actually uses tax for the public facilities, such as roads, defense, health programs, and education.

HIH Auditing Report

As the second largest insurance company in Australia, HIH Group was constituted by more than 240 subsidiaries at one time. It operated within 16 countries, covering the business over five continents. However, HIH went into liquidation in March 2001, with an estimated shortfall of $5.3 billion. The unexpected collapse was due to various reasons and we will focus on four aspects in our analysis:

The Vicious Circle of Poverty

For poor countries, there is a point of view that they are destined to remain poor. The rationale behind the above statement is that, for poor countries, taking resources out of the production of consumer goods is very difficult because they are living so close to subsistence levels and the lack of saving can make it difficult for them to accumulate capital and grow.

Autocorrelation (Econometrics)

Autocorrelation can be defined as correlation between the variables of some observations at different points of time if it is about a “ time series data”, or it will be correlation between the variables of some observations at different space if it is about “ cross sectional data”. The classical linear regression model (CLRM) according to the regression context does not exist in the error (ui) this can be written in this form

Afghanistan’s Economy

There are many concerns that come to mind when discussing the current state of Afghanistan’s economy. Twenty years of war has crippled the economy and citizens must find ways to survive day-by-day by scrounging enough food for themselves and family. Citizens do not have the facilities to receive an education or treatment for medical conditions. According to Afghanistan Facts, on average, men die at forty years of age and women at forty-three (“Afghanistan Facts”). There are hundreds of thousands people that are disabled due to war, land mines, or lack of fruit and vegetables in Afghanistan and there is not any help available to them. Afghanistan is the most heavily mined country in the world and according to Kevin Whitelaw; mine-related injuries number up to 300 per month (Whitelaw). Citizens that are willing and able to work are struggling to eat, making it impossible to help others in need. The problems that are evident in Afghanistan’s economy are government issues, trade/foreign relations, and lack of available labor.

Australia Macroeconomy Policies 2009

Australian governments over precedent decades have conventionally aimed towards including triangular objectives of financial growth, domestic poise, and external poise within framework of single economy. (DORNBUSCH, Rudiger, 2006) Collectively, these trio set of objectives aim towards sustaining nationalized financial growth while retaining inferior inflation as well as limiting the mass of overseas debts and liabilities. Several researches conducted in concerned field have revealed that there is no consistency in level of economic growth though; it is influenced greatly by fluctuations of international business cycle. (DORNBUSCH, Rudiger, 2006) A governmental macroeconomic management is referred as an attempt to minimize the impact of international business fluctuations by controlling demand to facilitate sustained growth together with inferior inflation and unemployment. (BLINDER, Alan S., 2008)