Abstract As Professor asked each student what question that we always curious about, my thought instantly goes to huge social inequality in the world. Born and raised in a third world country, many of Indonesians live in mansions, have at least one $2,000 handbag, yet we hire maid, 24/7, for only $80 a month. After … More Same Humans, Different Fate
Hi everyone! Today I’m going to share my favorite article of the day. It is about financial challenges in the future that we, as Millenials, can start to look, and perhaps see if we can come up with creative ideas. I got my data from World Economic Forum website. Here’s my takeaway: Access to financial … More Biggest Global Financial Challenges in the Future
Exporting Ethics to India: A study on Railway Construction Project Summary I am going to discuss an ethical dilemma faced by foreign companies when doing railway construction project in Indi. This case was taken from a book by Stanford scholars at department of Center of Emerging Countries that study this issue since 2002 to … More Analysis about Ethics in Developing Country
Almfraji, M. & Almsafir, M. (2014). Foreign Direct Investment and Economic Growth Literature Review from 1994 to 2012 This journal researches about the relationship of Foreign Direct Investment(FDI) to economic growth in developing countries. It found that FDI generates positive economic growth in emerging nations. However, in a few cases they found negative or null effects. … More FDI to Economic Growth in Emerging Nations
The background of this question is that manufacturing was the backbone of American economy, yet nowadays manufacturers employ less than 10% of American workforce. Due to the globalization and cheaper labors in foreign countries, American companies nowadays just produce packages and label, getting them labeled as ‘hollow corporations’. Americans thus are shifting toward service industry … More What is the Big Fuss about Manufacturing Sector ?
His study talks about how capital market liberalization empirical and theoretical weaknesses. He claims that there is a need for intervention for short-term capital flows. He begins by offering the fact that after the Great Depression in 1929-1939, many East Asian countries had higher unemployment than before the crisis. Although exchange rate has stabilized, many … More Capital Market Liberalization, Economic Growth, and Instability by Joseph Stiglitz (2000)