Within the scope of this research, we will analyze article written by Mark Gongloff and entitled “The Fed’s deflation dread”. The article is filled with opinions of professional economists and corporate finance professionals, which are good examples of the analysis to be performed. In order for the analysis to be more useful, the subject to be reviewed will be narrowed down to one particular topic – how Federal Reserve is able to use ‘zero inflation’ in order to control inflation/deflation.
“The Fed cut its target for a key overnight bank lending rate by an aggressive half a percentage point Wednesday to a 40-year low of 1.25 percent in a bid to make borrowing cheaper and prod U.S. consumers to keep spending, and carrying the economy.”(Gongloff article) The very first words of the article lead to the concept ‘zero inflation’. The argument for zero inflation rests on two pillars.
The first is that the costs of even a fairly low rate of inflation are quite high, while the output and employment costs of maintaining zero inflation are low. The argument that has often been made is that inflation makes it hard for people to plan for their retirement because they are unaware that when they retire a dollar will be worth much less than it is worth today. Consequently, they save too little. Continue reading “Controlling Inflation Essay”
As a rule organizations take certain measures to minimize the employee turnover within the company because it directly increases costs of the company: it takes funds, time and efforts to find, select and hire good employees, and finally provide correspondent trainings and courses for them. One of the primary purposes of human resources management team is to create and support all the necessary conditions for employees that will decrease fluctuation of personnel and make them value their work places. This report targets compensation package of the companies including the services and benefits of the package. Continue reading “Compensation in HRM Essay”
Of all the people in Latin America, none have been more familiar to the United States as Cubans-who, in turn, have come to know their northern neighbors equally well. (Franklin) A big unregulated exoduses of refuge seekers to the United States started in 1994 after the fall of the Soviet Union, eventually slowed to a few thousand a year in the late 90s, however, but has again increased in 2004-06 although at a far slower rate than earlier.
There are a lot of reasons for Cubans to try to immigrate, the state of the economy of the country is one of the biggest reasons. The collapse of SU meant the end of Soviet subsidies for Cuba’s state-run economy, as well as sheltered markets for Cuban exports and substantial aid from Moscow. The removal of Soviet subsidies sent economy of Cuban into a rapid depression defined by historians as a “Special Period”. Also in 1992, the United States proclaimed the trade embargo that also led to a drop in Cuban living standards, which were approaching to the crisis point within a year. Continue reading “US and Cuba Relations Essay”
Being one of the most spoken of topics, Globalization has been defined in many ways connected to different perspectives. This is because integration is taking place in all aspects of our lives. For the sake of clarity, this paper will illustrate a broad definition of Globalization, one that entangles a broader point of view. According to the Levin Institute (The State University of New York):
“Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.” Continue reading “Essay on Globalization and Economy”
Its common knowledge that the most primitive mammals appeared nearly 200 million years ago. That remote geological epoch is known as the Age of Reptiles. Gradually all primitive species renovated, some of them died out, others turned into absolutely new ones. At the end of Eocene epoch species were enriched by two new primates. An early stage of primitive evolution is characterized by several changes: brains enlarged while head became smaller, upper extremities learned to move faster, claws were replaced by flat nails.
Next geological epoch of Oligocene is known for appearance of new live of primates, which were divided into branches: New World monkeys (Ceboidea), Old World monkeys (Cercopithecoidea) and hominoid (it included present-day human, gorilla, chimpanzee, orangutan and gibbon). Continue reading “Oligocene Epoch Essay”
Often the lack of understanding of the geology, as well as water patterns, leads to disastrous consequences. In fact, it is not a secret that many dams have failed in the result of the lack of understanding of the geology or water volume. In such a situation, the ignorance of engineers and all those who are responsible for the building and exploitation of dams concerning the geology of the region may lead to unpredictable results. In this respect, it is worthy of mention one of the largest catastrophes known as the failure of the Teton Dam in the USA.
Analyzing this catastrophe, it should be primarily said that the Teton Dam was built on the Teton River in southeastern Idaho in the US. On June 5, 1976, the dam suffered a terrible failure that resulted in the death of 11 people and 13,000 head of cattle. The financial consequences of the catastrophe were also quite substantial. To put it more precisely, it cost about $100 million to build the dam and after the catastrophe the US federal government paid over $300 million in claims related to the dam failure. Continue reading “Lack of Understanding Essay”
In every sphere of life people find something they disagree with. Such disagreement may be based on their own opinion or belief that something is wrong and unfair (subjective point of view), or it can be based on facts (objective point of view). Despite of the fact that armed forces has a very clear and accurate structure, barring any possible violation of the rules of behaviour, there are cases, when some people are mistreated or treated unequally as compared to the others. Though it may happen among male part of the military, more often it happens when women are trying to occupy the same positions as men do. And Air Force is not an exception at this point.
The main goal of this paper is to discuss the problem, stating that “Things aren’t really equal between men and women in the military!” The paper will focus on the problems of women in the military and offer a recommendation of what should be done to solve the existing problem. Continue reading “Gender Equality in Military Essay”
When Joseph Stalin died in March, 1953, an outstanding era of history has come to an end, the world realized. The reaction varied from country to country but there were two geopolitical units, whose inhabitants felt that this fact would influence their life and the future – these were the countries -protagonists of the Cold War – the USSR (The Soviet Union) and the United States.
No doubt, Stalin’s death was a critical moment in the history of the Soviet Union and of the Cold War, which happened only to begin developing by that time (although many though it was over).
The historians of the Cold War call the period after Stalin’s death “Escalation and Crisis”. It is notable that for both superpowers this period started with the change in leadership in 1953. And it would last through the Hungarian Revolution of 1956, the erection of the Berlin Wall in 1961 to the Cuban Missile Crisis in 1962. Continue reading “History Essay on Death of Stalin”
Unquestionably, the Civil War was the turning point in the development of American society. In fact, this war regardless its negative short-term effects, produced a significant positive impact on the development of American society at large and American democracy in particular in long-term perspective.
The results of the Civil war were contradictory, on one hand, the North wan and got control over the whole country keeping it united. Furthermore the slavery was abolished and the most important legislative acts were implemented, including the Emancipation proclamation in 1863, which freed slaves. Eventually, it was supported by the 13th Amendment to the Constitution in 1865 that abolished slavery in the whole country. In such a way, the basic principles of equality of rights and opportunities for all people living in the US, regardless race, religion, beliefs, and other factors that contributed to discrimination were legally realized. In fact, it was the most substantial legislative changes on the way to legal realization of the main principles of democratic society, including equality and tolerance. Continue reading “How Did the Civil War Change Society Essay”
In the current economic situations many companies operating in different industries tend to mergers and acquisition. In this respect, self-storage companies are not an exception and the recent acquisition of Shurgard Storage Centers Inc by Public Storage Inc is good evidence supporting this trend. At the same time, it is worthy to note that the process of acquisition was quite difficult since interests of both companies had to be taken into consideration that naturally provoked certain disagreements between the participants of the negotiations.
On the one hand, Public Storage Inc aimed at the achievement its basic goal which may be defined as the improvement of the position of the company in the market. To put it more precisely, this acquisition provided Public Storage Inc with a possibility to enhance its position as the premier self-storage operator in the market that would make this large company one of the leader of the industry. Notably, the combined company would have ownership interests in over 2,000 quality properties in 38 states and seven European countries.
Continue reading “Mergers and Acquisition Student Essay”