European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More

European Monetary Union
“European Monetary Union
and the Harm

European Monetary Union "European Monetary Union and the Harm The principles of the single market include free movement of capital between member states. Long ago, it became clear that the movement of capital could never become truly free as long as finances were tied to national currencies. It also became apparent that European integration would never be completely achieved as long as each member state had it own currency. Thus, the idea of the European Monetary Union was conceived as a way to further European integration. The EMU was preceded by other attempts at monetary cooperation that fell far short of monetary integration. In 1979, the European Monetary System was…
Read More

Foreign Investment in the U.S.

INTRODUCTION
This research examines

Foreign Investment in the U.S. INTRODUCTION This research examines This research examines the issue of foreign investment in the United States (US). The focus of the research is on the extent and nature of foreign investments in the country, and on the effects of such investments on the American economy. THE EXTENT AND NATURE OF FOREIGN INVESTMENT IN THE UNITED STATES The great hue and cry with respect to foreign investment in the US emphasizes foreign acquisition of American business enterprises (Levine, 1989; Gilder, 1990). In actual fact, however, foreign investment in American financial instruments dwarfs that in business enterprise and real property (Herr, 1989; Standard & Poor's, 1990). In…
Read More

The Global City Region

The Global City Region As the world economy becomes increasingly globalized, with information, capital, and people flowing seamlessly across international borders, a new phenomenon has arisen that is the embodiment of this new economic reality at the local level: the global city region. As national borders become less distinct, city borders have followed suit. In order to compete in the global economy, cities are increasingly eschewing their borders and realizing that by leveraging their entire region they can provide a more attractive product to ever more discerning international business interests. Global city regions are characterized by a polynucleated structure, with several different centers that offer distinct services. They are increasingly…
Read More

objective of internal auditing

objective of internal auditing The primary objective of internal auditing is to furnish accounting management with a continuous review and appraisal of authorized company procedures and controls. To accomplish this objective, the internal auditor must determine whether the system of checks and controls for the protection of company property is adequate; appraise the effectiveness of the accounting procedures, records, and personnel; determine whether company policies are being followed; and report results and recommendations regarding his findings to accounting management (Bennett, 1969, p. 39). So that the company may receive the greatest possible audit coverage from the efforts of both the internal auditors and the company's independent public accountants, the work…
Read More

The Great Depression

The Great Depression Robert S. McElvaine in his book The Great Depression considers the causes and effects of that terrible time in American history when American confidence was shaken and her optimism made to suffer. McElvaine does not find that there was one cause of the Great Depression but rather than it was the result of various outdated economic theories, a laissez-faire attitude on the part of the government, some of the effects of World War I, and excessive and unquestioning optimism on the part of the American people by the latter part of the 1920s. McElvaine first notes that the industrialization of the nineteenth century took place with little…
Read More

Functional Changes in Urban Economics

Functional Changes in Urban Economics Kasarda does not think that the functional changes in urban economics have matched well with the demographic changes. On the functional side, American cities have changed from centers for the production and distribution of material goods to centers of administration, information exchange, and the provision of higherorder services. The functional changes have resulted in adverse changes in both the quality and the size of the employment base. With respect to quality, the relatively high paying production and distribution jobs were not replaced by an equal or greater number of equally or higher paid jobs in administration, information, and services. While many of the newer jobs…
Read More

Zambia’s Economic Position

Zambia's Economic Position This research provides an economic profile of Zambia. The profile is developed within the contexts of the current economic position of the country, the banking and credit structure in Zambia, the country's external debt position, Zambia's import-export structure, and the comparative economic position of the country in relation to other economies in the Southern African region. For a commodity-based country such as Zambia, policy measures to enhance the efficiency of the agricultural sector is critical for the future. The generally weak outlook for real commodity prices over the long-term make the implementation of policies to increase productivity in agriculture essential. Zambia has recognized the importance of relaxing…
Read More

NJEDA

NJEDA The New Jersey Economic Development Authority (NJEDA) has a name that is pretty much self-explanatory when it comes to describing the function and purpose of the authority. The New Jersey state government authority has as its mission the development of the infrastructure of New Jersey in order to “create an environment that ensures opportunity for business growth and employment” (Introduction 1). The NJEDA performs many functions and oversees the creation and implementation of many projects designed to do exactly that. The NJEDA is a self-supporting, independent state financing and development authority which is geared toward serving New Jersey’s business community. The NJEDA was created in 1974 and has given…
Read More

The Changing Market of Mutual Funds
Introduction
Th

The Changing Market of Mutual Funds Introduction Th This research examines the mutual funds segment of the investment market. Mutual funds are defined, and a brief history of mutual funds is presented. The entry of commercial banking institutions into the mutual funds market is reviewed, and the new competitive structure of the mutual funds market is described. Factors affecting the functioning of the mutual funds market are discussed, and projected changes in the market are reviewed. Mutual Funds: Definition, Purpose, and Types A mutual fund is a particular type of investment company. Specifically, a mutual fund is an openend investment company. An openend investment company is one that does not…
Read More

Inflation & Unemployment Connection

Inflation & Unemployment Connection Inflation is defined as "an increase in the price of a basket of goods and services that is representative of the economy as a whole" (Moffatt [a]). Unemployment(or more precisely, the unemployment rate(is defined as ôThe unemployment rate is the percentage of the population who are willing to work for the current market wage for someone of his or her skill level but cannot find employmentö (Moffatt [b]). According to professor Carl Walsh, ôInflation will tend to rise if the unemployment rate falls below the natural rate,ö but ôhigher inflation brings no benefit in terms of lower average unemployment, nor does lower inflation involve any cost…
Read More