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(2008, 15 900 words)
The dissertation looks at the transition of Russia from a socialist state to a neo-liberal state. Literature is reviewed on neo-liberalism theories and ideology discussing their role in shaping Russia's economy. Political scenarios within Russia are described; international factors that influence Russian politics and economy are considered; Russia's new approach to world politics is indicated arguing that Russia has adopted a unique policy.
(2006, 6000 words)
The following research paper is devoted to analysis of relationship between Real Exchange Rate (RER) and county trade balance. Particular focus is given to analysis of the theoretical underpinnings that determine mechanics of the relationship. The second part provides a survey of the empirical performance findings in this field. The research paper answers following questions: Which indexes should be employed for measurement of RER? Which factors determine fluctuations in RER? How volatility of exchange rate effect trade between countries? What is J curve and what are theoretical explanations of its presence?
(2005, 22500 words)
The dissertation investigates the development of telecommunications in China providing a review of literature on the global and the Chinese telecommunications industry, Chinese economic reforms, the impacts of the Asian financial crisis, the implications of China’s joining WTO, the transformation of the telecommunications sector, etc. The overview of today’s telecommunications market in China is given identifying the trends in its further development.
(2005, 14500 words)
The dissertation investigates the factors that affect price levels in Kenya examining the relationship between price levels and money supply, interest rates, budget deficits, GDP, etc. A critical review of literature on the quantity theory of money and the theory of inflation is offered. Secondary data analysis and diagnostic tests are conducted. Conclusions are made about the variables that influence price levels in Kenya.
(2006, 11000 words)
The dissertation addresses the problem of youth unemployment (YU) investigating the South African (SA) labour market and reviewing literature on the causes and consequences of YU, South African regulations related to YU, the importance of the small business sector, etc. SA Labour Force Surveys (LFS) over 2000-2004 are reviewed focusing on the employment status of youths and discussing the problems faced by young entrepreneurs. Policy recommendations are offered to encourage self-employment among the young people in SA.
(2005, 10000 words)
The dissertation investigates the Fairtrade movement identifying its principles, exploring the reasons behind its rapid growth, conducting stakeholder analysis and reporting on Fairtrade policies in coffee shops. A literature review touches upon the history and problems of Fairtrade in France and Britain, stakeholder theory and analysis, Starbucks coffee shops background, etc. Primary (via questionnaires) and secondary research is conducted. Conclusions are made about the applications of the Fairtrade and Stakeholder theories in coffee shop practices. Recommendations are made about promoting the issues of the Fairtrade movement.
(2005, 14500 words)
The dissertation investigates the issues of foreign direct investment (FDI) in Russia and China relating the experience of each country to the FDI theories reviewed along with other academic literature on political and economic theories, transition economies, etc. Politico-economic backgrounds of Russia and China are described analysing the countries’ investment climate. Conclusions are made about the similarity between Russian and Chinese problems related to FDI.
(2005, 18000 words)
The dissertation investigates the causes and implications of the Chinese currency Renminbi (RMB) revaluation. A literature review touches on the issues of Chinese economic growth, pegged and floating exchange rate regimes, the history of exchange rate models, purchasing power parity, arguments for RMB revaluation, etc. Research methods include primary (interviews) and secondary data analysis. Conclusions are made about the true value of RMB and the effects of the currency revaluation on inflation, trade balance, export prices, etc.
(2005, 8500 words)
The dissertation investigates the socio-economic situation in Mezzogiorn, a group of Southern Italian regions, focusing on the implementation of the EU Cohesion programme that aims to promote harmonious development between regions. The review of literature touches upon Italian regional policy over the post-War period, the European influence on Italy during 1990s, the EU Cohesion Policy, etc. Conclusions are made about the reasons why some regions are more successful than others in implementing the EU Cohesion Policy.
(2005, 10000 words)
The dissertation investigates the informal economy of Sub-Saharan Africa (SSA) focusing on its politico-developmental and socio-economic implications. The literature review covers the empirical and theoretical background of the informal economy of SSA, social and economic aspects of living and working conditions within the informal economy, etc. The research uses the methods of qualitative and quantitative analysis. Conclusions are made about the developmental role of the SSA informal sector.
(2004, 12000 words)
The dissertation aims to investigate Latvia’s foreign trade patterns applying the gravity model to the analysis of Latvian – EU trade flows. The review of literature touches upon the history of Latvia’s trade development, the application of the gravity equation in social sciences including international trade flows’ research, etc. The variables used in estimating gravity model export and import equations are introduced and discussed; changes in Latvia’s foreign trade patterns after the country’s accession to EU are analyzed. Conclusions are made on the basis of the analysis about the economic opportunities of Latvia.
(2003, 10500 words)
The dissertation investigates the sources of SME financing in Hungary and Estonia outlining the importance of SME for the countries’ economies, identifying the problems related to the private sector restructuring, and discussing the issues of venture capital, fund raising through public equity, etc.
(2003, 19000 words)
The dissertation aims to investigate the effectiveness of anti-narcotics policies in Colombia examining the market mechanisms of the narcotics business. A review of literature touches on addictive behaviour, market demand for narcotics, sources and trends in narcotics supply, anti-drug policies of prohibition, legislation and treatment, the development of the illicit drug industry in Columbia, the goals and strategies of Plan Colombia, the connection with the drug situation in South Africa, etc. Conclusions are made about Columbian narco-business offering proposals for the development of anti-narcotic policies of prohibition, legislation, prevention and treatment.
(2003, 12500 words)
The dissertation aims to identify whether the UK should join the European Economic and Monetary Union (EMU) examining political and economic effects of this decision on consumers, businesses and the government. A literature review touches upon the advantages and disadvantages of the single currency Euro and the issues surrounding the EMU and the UKs entry in the Eurozone. The research methods include primary and secondary data collected through websites and printed sources; the findings are based on the qualitative analysis of the data. Conclusions are made about the benefits and risks of joining the Eurozone and the consequences of the UK loss of economic independence.
(2005, 19500 words)
The dissertation aims to define the economic position of Turkey in relation to the European Union enlargement. The history of the relations between EU and Turkey is reviewed starting with the Ankara agreement of 1964; the current economic situation in Turkey is described and compared to other new EU members, i.e.Bulgaria, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithunia, Malta, Poland, Romania, Slovakia and Slovenia. The reasons for the EU membership rejection for Turkey are outlined.
(2005, 10500 words)
The dissertation aims to assess the policy of the UK in allowing migration from the new EU member states after the enlargement of Europe in May 2004, and the impacts of migration flows on the UK labour market. Literature is reviewed on the history and procedures of European enlargement, economic theories of labour migration, the European and UK labour markets and unemployment rates, etc. Statistical data is collected and analysed. Conclusions are made on the basis of theoretical and empirical analysis about the actual scope of migration and its insignificant effect of on employment and wages in the UK.
(2005, 8000 words)
The paper investigates the fluctuations in oil prices over the past 30 years relating them to the economy of the UK. Activities of the Organisation of Petroleum Exporting Countries (OPEC) are discussed; an extensive review of literature on the relationship between oil prices and macroeconomic factors is offered. The variables affecting this relationship are studied including the rate of interest, the GDP, unemployment rate, etc. Conclusions are made about the correlation between the periods of major change in oil prices and major political and economic events.
(2005, 10000 words)
The dissertation aims to analyse how sovereign credit ratings (SCR) and the access to international capital markets can influence transition economies arguing that SCR can speed up economic growth. A review of literature covers the issues of capital markets, countries financial risks, international capital flows, FDI, financial liberalization, etc. An overview is given of transitional economies that received credit rating in 1990s including Croatia, El Salvador, Tunisia, Thailand, etc. A case study of Serbia is conducted to show the effects of the international credit rating on its economy and work out a development plan for the countrys sustainable economic growth.
(2005, 9500 words)
The dissertation aims to study foreign direct investment (FID) in Bulgaria providing a review of literature on the development of market economy in Central and Eastern Europe (CEE), theories of theoretical work on FDI, impacts of foreign investment on transition economies, Bulgarian economy, etc. The flow of foreign investment in Bulgaria is analyzed highlighting the factors that deter investors, discussing FID impacts on various sectors of Bulgarian economy and assaying its value for investment using SWOT analysis.
(2005, 10000 words)
The dissertation aims to investigate the economic decline in Japan in 1990s known as a ‘liquidity trap evaluating the effectiveness of policies adopted by the Bank of Japan over the period, namely, the Zero Interest Rate Policy (ZIRP) and Quantitative Easing Policy (QEP). The review of literature supplies information on the concept of ‘liquidity trap, the economic situation in Japan before the slump, the monetary policy of the Bank of Japan, the government policy, the introduction of ZIRP and QEP, their effectiveness with respect to Japans situation, etc. Conclusions are made about the relationship between monetary policy and economic stability in Japan.
(2005, 14000 words)
The dissertation looks at Bulgarian private business in the transition from the centrally planned to market economy. The labour market is studied from the perspective of a labour market agent. A literature review touches on the emergence of the private sector in Bulgaria; labour market theories; overview of the capital of Bulgaria Sofia; job-hunting and determinants of its success. The research is based on secondary and primary (interviews) data collection using qualitative and quantitative methods of analysis. Advantages and limitations of the research methods are outlined. Conclusions are made about the changes in Sofias labour market and the role of the employment services.
(2005, 9000 words)
The dissertation looks at the costs of accumulating an external debt examining the reasons for and implications of the African debt crisis. The review of literature touches upon the history of world debt crises, the economic decline in Sub-Saharan Africa in the last decades of the 20th century; the ways to end the crisis; the costs of debt cancellation, etc. Successes and failures of the previous debt relief initiatives in Africa are discussed. The benefits of the debt cancellation for the African economy are argued.
(2005, 16000 words)
The dissertation surveys agricultural problems in Brazil over the last four decades of the 20th century. A review of literature provides information on the agricultural products market around the world, the factors behind agricultural trade policies and regulations, etc. Economic relations between Brazil and the USA are reviewed with the focus on trade and agricultural agreements; the policies of Brazilian government used to protect the agriculture sector are outlined; the factors behind the change in Brazilian GDP per capita are analyzed; the effects of US payments on Brazilian economy are argued.
(2005, 13000 words)
The dissertation aims to examine the role of financial institutions in the economic growth of a country analysing the development of five Asian states over the past decade. A review of literature provides information on the theories of economic growth, financial development, banking and stock markets. Asian economies are described including Asian financial crisis of 1997, financial systems of the countries under study, etc. Economic models for measuring the strength and stability of the financial sector are applied to the market and bank aspects of the national financial systems. Conclusions are made about the variables relevant for economic growth.
(2004, 18000 words)
The dissertation investigates the relationship between the shadow activities and economic growth in transition economies focusing on Bulgaria. A review of literature provides definitions of the concept ‘unofficial economy; outlines its causes and effects in post-socialist countries during transition; discusses the implications of corruption, tax dodging, etc. The research uses estimation methods and techniques including surveys based on questionnaires and interviews (direct methods) and analysis of secondary data including currency demand method. The consequences of Bulgarian shadow economy are described at macro- and microeconomic levels. Conclusions are made on the basis of scatter plot analyses measuring the size of unofficial economy and official economic growth in East European countries.
(2005, 31000 words)
The dissertation presents an overview of the South African monetary policy tracing its development to the present day and analysing the policy of the South African Reserve Bank (SARB) with the emphasis on repo rate as the main instrument against inflation. A comprehensive review of literature provides information on the theory of monetary policy; the history of monetary policy in South Africa; repurchase system of accommodation; inflation-targeting monetary policy of SARB; interbank market development; modifications in SARB refinancing system, etc. The research methods include descriptive analysis of quantitative data, secondary data interpretation, econometric methods of tests and cointegration analysis. Recommendations are made for SARBs monetary authorities about how to improve the repo system of accommodation.
(2005, 9000 words)
The dissertation aims to compare the economies of Greece and Turkey focusing on their responses to crisis situations caused by political instability. A review of literature touches upon political and financial aspects of military escalation, security problems and defence expenditures in the studied countries; the changes in political climate due to the arms race, etc. The impacts of high defence spending on the economies of Greece and Turkey are compared.
(2005, 19000 words)
The dissertation aims to investigate the impacts of international trade liberalization on the economic and political situation in Uzbekistan and Kazakhstan, ex-Soviet republics. The paper offers an extensive review of literature on the effects of free trade on economy, life quality and democratic changes supporting theoretical information with the examples in the countries under study. Qualitative research method based on primary data collection (interviews) is used in combination with quantitative analysis and secondary data interpretation. Conclusions are made about the changes in the key macroeconomic indicators in both countries.
(2005, 18000 words)
The dissertation aims to investigate the convenience of the adoption of the euro by the United Kingdom and to examine the crucial factors. Firstly the dissertation introduces the broad issue of a single currency, its construction, the institutions, the advantages and disadvantages of a monetary union and a bit of its history. Then the paper analyses the economy of the UK, basing on the examples of Sweden, Baltic States and other biggest EU members. Then the paper focuses on a complete analysis of all the important factors, advantages and disadvantages of the adoption of the euro by the UK. And lastly basing on all previous analyses and discussions a conclusion is drawn.
(2004, 9000 words)
The dissertation seeks to investigate the effects of monetary union (MU) membership on the international trade arguing that the trade between the countries that share the same currency is much more effective than the trade between the countries that have different currency. The review of literature presents a theoretical and empirical analysis of MU and its impact on international trade. The research methods include collecting and analysing statistical data on international trade flows. A model is created to cover independent variables that determine a countrys levels of international trade. Conclusions are made about the results obtained through quantitative and qualitative research.
(2004, 20000 words)
This work identifies the strength of the relationship between FDI and economic growth in Russia. Russia went through a transitional process in the 1990s from a centrally planned economy to a market economy. The country is full of natural resources and skilled labour, which should have made it a "golden egg" for the investors. However, although the FDI amounts were high in absolute terms, relative to other transitional economies Russia has attracted very little FDI. Moreover, the work finds that FDI has concentrated in only a few regions within the country, which managed to prosper during the transition. This work discusses the theoretical implications of FDI, its use within the country, possible advantages and disadvantages. The theoretic work is then linked in to the emerging markets economies and the importance of the FDI is identified. Literature review analyses the statistical implications of FDI on the Russian economy through: regional diversification of the investments, effects on employment, balance of payments, real income, production levels, efficiency of enterprises etc. The work is then complemented by detailed primary research, whereby the interviewees give their own opinions on the effect that FDI has had on the Russian economic growth. The conclusions are derived from the analysis of primary research and literature review.
(2004, 9000 words)
The dissertation aims to analyse whether UK current pension system is sustainable in the long term in the fiscal term. (Further information is available on request)
(2004, 10000 words)
This dissertation aims to explore historic, economic, moral and political arguments used in the debate on the Third World debt crisis. Using secondary methods of research, i.e. a critical review of academic sources, the author argues that countries enter a debt crisis when debt grows faster than their respective economies. Various points of view on how to deal with the Third World debt are outlined on the basis of the literature review. Internal and external factors causing the debt crisis are discussed; case studies of Chile and Argentina are presented. Conclusions are made about the underlying causes of debt growth.
(2003, 10000 words)
The aim of the dissertation is to investigate the economic processes that a country undergoes during the period of transition from one socio-political system to another. The author sets the objective to compare transitional economies in former socialist countries, Hungary and Ukraine in 1990s, following the fall of the Soviet Union. Drawing from a review of literature and Internet sources, the paper describes the economic and political conditions, government reforms and their outcomes in both countries. The distinctive features of economic transition, namely, stabilization, liberalization, privatization and institutionalization are discussed. The factors that influence the economic growth in either positive or negative way are outlined. The conclusion is made that the strategy of 'gradualism' that worked well in Hungary, did not work in Ukraine.
(2003, 9000 words)
The dissertation looks at the concept of bank independence presenting a survey of theoretical studies devoted to independent central banks, monetary policy, etc. The inverse relationship between central bank independence and the levels of inflation is discussed. Two indices, namely, Grilli, Masciandaro and Tabellini index and Bade and Parkin index are used to prove this assumption. The conclusion is made about the need of developing new updated indices to determine a relationship between central banking and levels of inflation.
(2004, 20000 words)
The aim of the dissertation is to study the political and economic situation is post-unification Germany in order to analyse the possibilities for decreasing unemployment in eastern Germany. The authors objective is to collect information about the attitudes of the people to the causes and solutions of the unemployment problem. Primary methods of research (interviews, face-to-face and distributed questionnaires) are used together with the secondary methods, i.e. a review of literature that covers the major issues related to German Economic, Monetary and Social Unification (GEMSU) and to the theory of unemployment. The results of the opinion polls are analysed and backed up by statistical data. The conclusions are made about Agenda 2010 reform programme.
(2004, 11000 words)
The problem of inflation in Poland and Hungary and how they managed to fight it so efficiently is briefly presented. The report also provides comprehensive analysis on the root causes of inflation in these countries. Then a more detailed report on the inflation of the two countries in question. Also analysis of the polices used is made. The causes of inflation are discussed and finally results using real data are taken and demonstrated on diagrams showing the possible factors that affected inflation in Poland and Hungary.
(2004, 12000 words)
The present dissertation inquires into the nature and working of monetary policy of the ECB. Firstly, institutional framework of the ECBs monetary policy is analysed and found that the ECB follows certain aspects of inflation forecast targeting, but not all of them. Secondly, the dissertation presents a small closed economy new Keynesian model in order to investigate stability conditions of macroeconomic equilibria for IFB rules. Thirdly, two sets of interest rate reaction functions are estimated for the two sub-periods in order to conduct analysis of the ECBs monetary policy. Estimates show differences in the conduct of monetary policy over time.
(2003, 10500 words)
The dissertation aims to analyse and compare transition process in Ukraine with transition process in Hungary during the 1990-2000 years period. Firstly, the dissertation assesses economic background of two countries prior the transition process, then outcomes of the transition process and critically analyses and examines different academic views on the differences appeared in economic development in both of the countries
(2004, 18000 words)
The dissertation aims to investigate and analyse the aid allocation policies implemented by UK in 2001. The paper analyses and evaluates different variables in the terms of performances and needs of the recipients countries as well as donor countries' interests. (Further information is available on request)
(2004, 7000 words)
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