Essay: IMF-International Monetary Fund

Sample Essay

An example of the IMF’s role in the modern world, is its recent role in helping Pakistan recover from the balance of payment crisis it had gotten into. Pakistan is a typical example of what role the IMF can play and how productive it can be. Due to the global crisis and many local issues (like a huge current account deficit) Pakistan came dangerously close to running out of forex reserves. Basically when a country reaches this amount and has lost too much credibility to accept loans from other sources it is forces to go the IMF to stave off bankruptcy.

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Essay: Fiscal Policy

Sample Essay

Like monetary policy, the fiscal policy also aims at controlling aggregate demand; however, here the said manipulation is done through maintaining a balance between taxation and government expenditure (Sloman 542). Since, this is not part of daily activities, it would take a longer period of time to implement and changes take place even before policies could be implemented.

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Essay: E-waste Recycling

Sample Essay

It forbade the shipment of e-waste to developing countries, thereby, taking a stand to protect them. However, Canada and USA are the only developed countries that have not made much an effort to support this cause. It is now a matter of gathering companies and consumers urging them to act responsibility and paving way for the step to go green.

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Essay: Elements of Merck’s strategy

Sample Essay

One of the most important elements regarding Merck’s strategy was the creation of a Strategy Realization Office. This move created an entire department focused on successful implementation of strategies. Line managers tend to get bogged down with daily work or get tied to traditions to reevaluate what they are doing and consider doing things in a different way.

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Essay: Competitive Advantage and Apple

Sample Essay

Competitive advantage is gained by either differentiation, innovation or tapping on to a market gap not readily considered by competitors, for instance, 3M’s Post it Notes; a result of insourcing or the USB device penetrated and marketed by Intel though it was introduced by an employee at Mitsubishi who was denied recognition in his very own company for this breakthrough technology.

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Essay: Asian Fiscal Policy

Sample Essay

Fiscal policy is a tool that defines government involvement in the economic setup of a nation. It basically involves government spending and the revenue earned through taxation. Fiscal policy is generally defined by a budget which is given at the beginning of a financial year in most countries.

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Essay: Analysis of Article on Economics

Sample Essay

The author’s key argument in this essay is that other sectors of the economy are as viable options for government spending as military spending in terms of job generation and compensation size. The author has compared analyzed the job generation from spending $1 billion on the military, to spending the same on tax cuts to increase personal consumption, on the education sector, health cares sector, mass transit sector and the weatherization and infrastructure repair sector. One of the most significant conclusions the author draws by this analysis (using the input-output model) is the fact that the same expenditure in each of these sectors other then the personal consumption increase results in more jobs being created.

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Essay: User-Level Thread Management

Sample Essay

According to Bershad, Presto is a user-level thread management system originally implemented on top of Sequent’s DYNIX operating system, but later ported to DEC workstations. DYNIX provides a Presto program with a fixed number of UNIX processes that share memory. The Presto run-time system treats these processes as virtual processors and schedules the user’s threads among them. Presto’s thread interface is nearly identical to Windows NT’s. Presto is distinguished from most other thread systems in that it is structured for flexibility. Presto is easy to adapt to application-specific needs because it presents a uniform object-oriented interface to threads, synchronization, and scheduling. The object-oriented design of Presto encourages multiple implementations of the thread management functions and so offers the flexibility to efficiently accommodate differing parallel programming needs. Presto has been tuned to perform well on a multiprocessor. Presto does not provide true two-level scheduling. The base operating system, schedules the underlying virtual processors (qtd. inAnderson16).

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