· Businesses stand to gain or lose considerable amounts of money when their economic environment changes, regardless of how well they are managed. Macroeconomics is relevant to voters who · wonder what their governments are up to · can also help governments avoid the worst economic crises Economic growth is one of the most exciting issues in macroeconomics. The list of reasons why economies grow: · population increase, since more people can produce more output. · accumulation of means of production: plant and equipment, roads, communication networks, and other forms of infrastructure make workers more productive. Most important is the development and harnessing of knowledge to economic ends. The most frequently used measure of a nation's economic well-being is its output and income, the gross domestic product (GDP).
Author Group Girli Vasiljev RB1X Title of report Number of pages Economic Country Review: Finland, Estonia 20 and Hungary Teacher Kalevi Torunen The goal of this paper is to compare the economic performance of Finland, Estonia and Hungary. First, a general overview on the countries will be given. After, economic indicators (real GDP growth rate, inflation, unemployment, household consumption, investment, current account, government budget and deficit) of the three countries will be compared to draw a conclusion. Keywords GDP, inflation, unemployment, household consumption, investment, current account, government budget, deficit, surplus Table of contents 1 Introduction .......................................................................................1 2 Country Specs ...............................................................
mitteelastne Inelastic Неэластично ühikelastne Unitary Elastic Единично эластично elastne Elastic эластично Absoluutselt mitteelastne Perfectli nonelastic Абсолютно не эластично kogutulu test Total Revenue Test Проверка на доход Lineaarse nõudluskõvera Linear Constant Slope Case Случай с линейной кривой juhtum спроса pirtulu Marginal revenue, MR Предельный доход
"Public Sector Development: Difficulties and Restrictions", In T. Haavisto, ed., The Transition to a Market Economy, Edward Elgar, Cheltenham, UK, Brookfield, US, 1997. 2. Dr. Gablers. Wirtschaftslexikon. Verlag Dr. Gabler KG, Wiesbaden, 1976. 3. Eesti statistika aastaraamat 2000. Statistikaamet, Tallinn, 2000. 4. Fakin, B., De Crombrugghe, A. "Fiscal Adjustments in Transition Economies: Social Transfers and the Efficiency of Public Spending A Comparison with OECD Countries", World Bank Policy Research Working Paper, No 1803, 1997. 5. Kaufmann, D., Kraay, A. Zoido-Lobaton, P. "Governance Matters", World Bank Policy Research Working Paper, No 2196, 1999. 6. K. Kerem. "Fiscal Policy and Economic Growth: The Estonian Case", BALT-ECON 2000, Canada, 2000. 7. Kerem, K., Püss, T., Randveer, M., Viies, M. Social Protection System in Estonia on the Threshold of Intgration into the Europen Union, Tallinn, 1998. 7. Papadopoulus, A. P., Sidiropoulus, M. G
Kharkiv (Kharkov) 1.5 million, Lviv (Lvov) - 1.5 million, Donetsk 1 million, Dnipropetrovsk (Dnepropetrovsk) - 1 million, Odesa (Odessa) 1 million. Zaporizhzhya (Zaporozhye) 0.8 million. 5 GDP growth, %: 1.0 (2013 forecast EBRD downward revision from previously projected 2.5%). Official language: Ukrainian (although Russian is widely used in business communication). Currency: Hryvnya (UAH). Government type: republic. Membership: the United Nations, the International Monetary Fund (IMF), the World Bank, the European Bank for Reconstruction and Development (EBRD), the World Trade Organization (WTO), etc. Ukraine is bordered by Russia in the east, the Black Sea in the south, Moldova, Romania, Hungary, Slovakia and Poland in the west, and Belarus in the north. The country is rich in mineral resources: iron ore, coal, manganese, natural gas (shale costly and dangerous to
...................ressursijaotuslik efektiivsus 37. Alternative [oltörnative] goods ........................alternatiivkaubad 38. An ability to cope with something - ...................võime hakkama saada millegagi 39. An advertisment for a secretary - ........................kuulutus sekretäri kohale 40. An asset ............................................................aktiva 41. Analysis ............................................................analüüs 42. Annual budget ..................................................aastaeelarve 43. Annual declaratsion .........................................aastaaruanne 44. Annual turnover ...............................................aastakäive 45. Annuity method ...............................................annuiteedimeetod 46. Appreciate ........................................................väärtustama 47. Approach ...........................................................lähenemisviis 48
Association (EFTA). 1960 Creation of European Free Trade Association 1961 UK applies to join the Community. 1962 The Parliamentary Assembly changes its name to the European Parliament. 1965 The Treaty merging the executives of the three Communities (ECSC, EEC, Euratom) is signed in Brussels; enters into force on July 1, 1967. Empty chair crisis 1966 Luxembourg compromise – solution for the empty chair crisis: weaker commission, veto power, common argiculture policy, qualified majority voting 1967 UK re-applies to join the Community. 1968 Agreement of EEC’s common external tarif 1972 Referendum in Norway on joining; majority votes against. Launch of „snake in the tunnel“ 1973 January: Denmark, Ireland and the UK join the European Communities. 1974 April: foreign secretary James Callaghan makes statement to the Council on the new Labour government’s policy on the Community. Calls for major
relations”. Oslo Manual 2005 P.S. Mergers and acquisitions! National innovation system (NIS) The national innovation systems approach stresses that the flows of technology and information among people, enterprises and institutions are key to the innovative process. Innovation and technology development are the result of a complex set of relationships among actors in the system, which includes enterprises, universities and government research institutes. For policy makers, an understanding of the national innovation system can help identify leverage points for enhancing innovative performance and overall competitiveness. It can assist in pinpointing mismatches within the system, both among institutions and in relation to government policies, which can thwart technology development and innovation. Policies which seek to improve networking among the actors and institutions in the system and which aim
private consumption, and public sector (or government) spending. · Two advantages of dividing total consumption this way in theoretical macroeconomics are: 1. Private consumption is a central concern of welfare economics. The private investment and trade portions of the economy are ultimately directed (in mainstream economic models) to increases in long-term private consumption. If separated from endogenous private consumption, 2. Government consumption can be treated as exogenous. Different government spending levels can be considered within a meaningful macroeconomic framework. Income Approach This method measures GDP by adding incomes that firms pay households for the factors of production they hire- wages for labor, interest for capital, rent for land and profits for entrepreneurship. The "National Income and Expenditure Accounts" divide incomes into five categories:
monopoly, creation, and more efficient use of resources by means of free movement of labor force and capital. 8 Harmonization H Free movement of all factors of production, single currency, single monetary and fiscal policy are elements of ... 9 Market Access I In a ... free movement of goods complemented by single customs tariff. 1 Monetary Union J Introduction of single currency between the participating
2 The Political Problem A common example of a free rider problem is defense spending: no one person can be excluded from being defended by a state's military forces, and thoes free riders may refuse or avoid paying for being defended, even though they are still as well guarded as those who contribute to the state's efforts. Therefore, it is usual for governments to avoid relying on volunteer donations, using taxes and, in some countries, conscription instead. In the case of defense spending, alternative perspectives of the free rider problem also exist. A free rider may be an individual or group of military contractors, ideologues, government officials or lobbyists that inflate the risk of enemies, or even convinces the state to launch an unnecessary and expensive war, in order to sell more arms and consolidate their power. In this example, the free riders avoid all of the personal risks of
....................................... 13 2.4. Company name ..................................................................................................................... 14 2.5. Comparison of different forms of incorporation of companies ............................................ 15 3. TAXATION, DUTIES AND EXCISES .............................................................................................. 17 3.1. The essence of the tax system, the principles and functions of taxes .................................. 17 3.2. The main taxes ...................................................................................................................... 20 3.3. Tax rates in 2013 in Russia .................................................................................................... 22 4. LABOUR RELATIONS (INCLUDING IMMIGRATION LAWS) ......................................................... 25 4.1
The total population of Estonia is 1 313 271 according to Statistics Estonia, of which 69.1% are Estonians, 25.1% Russians, 4.9% of which are of different nationalities for example Ukrainians, Belarusians and Finns. Rest are of unknown nationality. 68.5% of population speaks Estonian as a mother language, 29.6% speaks Russian as a mother language and 0.6% Ukrainian. Estonia has only one official language which is Estonian. According to information by the Institute of the Estonian Language there are about 75% of Estonian people who speak Estonian. The most common foreign languages learned by Estonian students are English, Russian, German and French. Other popular languages include Finnish, Spanish and Swedish. Tallinn is the capital and largest city of Estonia. In Estonia there are 47 cities/towns. More than 70% of the population lives in towns. The largest cities are Tallinn, Tartu, Narva, Pärnu. According to the information from tallinn
advertise and to try to influence the demand for their product. · If a product can be differentiated by altering the characteristics of the good or simply by convincing the consumers that the product is different, the firm achieves market power. Market power is the ability to have some control over the price of the good offered for sale. Advertising can be used to differentiate a product or increase the demand for a product. · The crucial factor is the demand for the firm's output must be negatively sloped: the firm becomes a "price maker." The extent to which a firm is a price maker (i.e. has market power) is partially determined by the price elasticity of demand in the relevant price range. Note that when the seller selects a price (price maker) the demand function determines the quantity that will be purchased.
ESTONIAN BUSINESS ENVIRONMENT Estonia is a country with the population of just a little over 1.3 million people. It has been estimated though, that by the year of 2040 the number will have decreased by 125,000 people. It means that the population of Estonia is decreasing. As young Estonians often like to go study or live abroad, the population is aging as well – young people move away, while older stay there. Many different nationalities live there: besides Estonians there are Russians, Ukrainians, Belarussians, Finnish, Tatars, Latvians, Poles, Lithuanians, Jews, Germans and others. Due to this fact, the most popular languages spoken as a mother language are Estonian, Russian and Ukrainian. Nevertheless, there is still just one official language of Estonia, which is Estonian. Most of the people, approximately 900,000 live in the cities, such as Tallinn, Tartu, Narva. The most common sector that people work in is the service sector.
· Indian Removal Act of 1830 Destructive to tribes. Many died when travelled to the other side of Missisippi. Signed on May 28 by Andrew Jackson "Trade" land with the tribes Resolve the Georgia crisis (dispute with Cherokee) Move of over 70,000 natives (vabatahtlik-sunniviisiline) Reservations (kaitsealad)1851- the Indian Appropriations Act About 310 reservations 55,7 million acres Unevenly distributed Tribal sovereignty (iseseisvus) Poverty and unemployment · Indian citizenship Act of 1924 Granted citizenship to 300,000 indigenous people, to friendly tribes State support was limited Absorb Indians into the mainstream Didn't have the right to vote · Trail of Broken Treaties of 1972 Took place in 1972 Cross-country protest by American Indian organizations Intended to bring attention to American Indian issues such as treaty rights, living standards, and inadequate housing. Huge media coverage "20-Point Program"
- ex. steel, automobiles, household appliances Harder for a firm to enter or exit. · Imperfect competition Pure Monopoly · Only one firm is involved. · Products are unique with no substitutes. · Nonprice competition: mostly public relations · Entry of additional firms is not possible--one firm constitutes the entire industry. · Entry to the industry is often blocked by government. It requires patent or licenses. There is total control over price "Price Makers" · ex. local electric utility · Oil, · diamonds Since the monopolist produces a unique product, it makes no effort to differentiate its product. · Imperfect Competition Characteristics and Occurrence · Very large numbers of firms · There is a large number of of independently acting sellers, each offering their products in
and the Dominican Republic are situated. Its indigenous Arawakan-speaking Taíno inhabitants named the island Xaymaca, meaning either the "Land of Springs," or the "Land of Wood and Water". Formerly a Spanish possession known as Santiago, it later became the British West Indies Crown colony of Jamaica. It is the third most populous anglophone country in the Americas, after the United States and Canada. I chosed Jamica because there are many things what I like in this country. Mostly I like Jamaica´s music, culture and climate. Geography Jamaica is the third largest island in the Caribbean, and the most populous English speaking island there. The island of Jamaica is home to the Blue Mountains inland and is surrounded by a narrow coastal plain. Most major towns and both cities are located on the coast. Chief towns include the capital city Kingston, Portmore, Spanish Town, Mandeville, Ocho Rios, Port
Tax policy After regaining independence in 1990, Lithuania is a fully functional parliamentary democracy. The chief of state is the president, and the head of the government is the premier. The president is directly elected by the people and serves a 5-year term. The parliament, known as the Seimas, has 141 members who are elected for 4-year terms. Of these, 71 are directly elected by the people and 70 are elected by proportional vote. The tax burden, at some one-third of the GDP is moderate by international standards and will further be reduced as the liberalization progresses. These are mainly income and value-added taxes .
resume Kuressaare 2018 Some people choose for a resume book about something else than ecomoic. Its realy easier ofcours. I wrote to the Defence Forces library and asked to send me something about economi. Well , I got „International Economics“ by Hendrik Van den Berg. We had to read 100 pages. So I did. What I remmember about from 100 pages economics? There were a lot interesting what I didnt know before. It all started about U.S Economics. U. S Economy does not appear to be „globaal“ if look at its ratio of tarded otuput to GDP (Gross Domestic product, which is the total value added of production that occurs within a country-s borders, regardless of who owns the factors of production used in the production process.)U.S exports and imports only about 10% of its national output and consumption Services are difficult
Cost Accounting. Chapter 1 Management accounting measures, analyzes, and reports financial and no financial information that helps managers make decisions to fulfill the goals of an organization. Financial accounting focuses on reporting to external parties such as investors, government agencies, banks and suppliers. It measures and records business transactions and provides financial statements that are based on GAAP. Cost accounting measures, analyzes, and reports financial and no financial information relating to cost of acquiring or using resources in an organization. Value-chain analysis: sequence of business functions in which customer usefulness is added to products and services. 1. Research and development 2. Design of products, services, or processes 3. Production 4
TALLINNA ÜLIKOOL POLITICAL SCIENCE AND GOVERNMENT INSTITUTE ANNELI PALM CRITISIM ABOUT IMF AND WORLD BANK INTERNATIONAL POLITICAL ECONOMY (RIR6032/RIR6004) ESSAY 2014 Contents TALLINNA ÜLIKOOL.............................................................................................. 1 Introduction............................................................................................................ 3 Basic of liberalism....................................
century has been the New Public Management (NPM). It is of particular interest in the post-autistic economics (pae) context because NPM largely rests on the same ideology and epistemology as standard textbook economics (STE) is based (for my take on this, see Drechsler 2000), and it has had, and still has, similar results. Already more on the defensive within public administration (PA) than STE is within economics, NPM also shows that such major paradigm shifts in theory and policy may actually happen. In addition, it occasionally appears that pae-oriented scholars have overlooked the fact that some features in public management reform, state organization, and the economic interpretation of state functions that they advocate from "Good Governance" to "efficiency" as a goal in itself actually belong into the "other camp" and by and large have a disastrous effect on "industrial" and "developing" countries alike, although the consequences for the latter are much more
Findings, conclusions and comments made in the publication do not necessarily reflect the opinion of GIZ. This publication may not be reproduced in whole or in part without the written permission of the copyright holder. © Deutsche Gesellschaft für Internationale Zusmmenarbeit GmbH (GIZ), 2011. 2 CYAN MAGENTA YELLOW BLACK 2 Introduction For the past few years, Georgian government has carried out a number of significant economic reforms in various fields in order to create attractive business environment and to breathe a new life into Georgian economy. The main aim of the reforms was to boost foreign investments, cre- ate new jobs, stimulate entrepreneurial activities in a variety of fields and increase the welfare of citizens. As a result of economic deregulation policy which was focused on liberalization of the Economy,
businesses are responsible for various other state levies, including the business and occupation tax a gross receipts tax which charges varying rates for different types of businesses. Wine Washington ranks second in the United States in the production of wine, behind only California. By 2006, the state had over 130 km2 of vineyards, a harvest of 109,000t of grapes and exports going to over 40 countries around the world from the 600 wineries located in the state. While there are some viticultural activities in the cooler, wetter western half of the state, the majority (99%) of wine grape production takes place in the desert-like eastern half. Education Elementary and secondary As of the 2008–2009 school year, 1,040,750 students were enrolled in elementary and secondary schools in Washington, with 59,562 teachers employed to educate them.[106] As of August 2009, there were 295 school districts in the state, serviced by nine Educational Service Districts
decreased 11 per cent and used car fell 3% in 2008; although the car selling has been a downward trend since 2004 for used cars and since 2003 for new cars. The decline is notably been high on the 4x4 and SUV segments. That is because of their high fuel consumption. Although in the small car segments the drop has not been so significant. That might be because more people have started to think more about the environment and started to use more public transport or because of the high insurance taxes they are not able or willing to invest so much money for purchasing a car and have started to use bicycles or public transport instead. During the credit crunch people do not have enough finance to make a major outgo like buying a car. Also because the interest rates have decreased on the mortgages and people cannot buy car on credit anymore because their household value has dropped. During the recession there is a good chance to make profit of it, will be for cheaper car brands like skoda,
early 2015, respectively. On October 5th, 2015 the Final Report on Limiting Base Erosion Involving Interest Deductions and Other Financial Payments was presented analyzing several best practices and recommending new rules for limiting the level of interest expenses allowed for tax deductions. The recommended approach by the OECD is to limit the entity’s net interest expenses, and payments economically equivalent to interest, to a percentage of entity’s earnings before interest, taxes, depreciation and amortization (EBITDA). The net interest expense/EBITDA ratio should be fixed in a corridor of 10-30%. This approach aims at two objectives – uses net interest expense to calculate the amount of tax deductible (to maintain freedom for a corporate to decide where in the group it is most effective to borrow), and by using EBITDA assures that the group has actual business earnings in that particular entity/country. This fixed ratio
what are `territorial politics' The multi-level politics of federal, regionalised, devolved states Distribution of power between central and regional government Party competition across levels of government `Regions' as spheres for autonomous action South Africa Mexico Germany · 9 provinces · 31 states plus federal district · Developed democracy
1. Social Policy aspects in EU Treaties Social and employment policy: Objectives: - The promotion of employment - Improved living and working conditions - Proper social protection - Dialogue between management and labour - The development of human resources with a view to lasting high employment and the combating of exclusion. Treaty of Rome: belief that improved working and living conditions would arise from the functioning of the common market – cooperation in the areas of employment, labour law and working conditions, vocational training, social security, occupational health and safety, and social dialogue. Improved mobility and professional opportunities of employees and introduced the equal pay for men and women – directly applicable.
The United States and its economy are known to be one of the thriving and strongest in the world. It represents 16.6% of the world’s total GDP. The estimated worth of USA's GDP is estimated to be around 17.5 trillion dollars and dollar being the third currency in the world and the official currency of the US. They also manage a 5% growth every quarter. So how do they manage it? There are three main sectors that contribute to the USA's GDP. First is services that is 80% of the total GDP. The output of services in 2014 was 13,8 billion dollars witch was the nr.1 in front of European Union’s output witch was 13,4. The second contributing sector is the industry sector which provides 19% of the country’s GDP. In this area USA has fallen behind and has to accept the third position in the world’s total industry's output. First in
regularly monitored by Central Banks. Table ... Consolidated MFI balance sheet. Schematic consolidated balance sheet of the MFI sector for the euro area ( 1 ) Assets Liabilities 1. Loans 1. Currency in circulation 2. Securities other than 2. Deposits of central government shares 3. Shares and other equities 3. Deposits of other general government and other euro area residents 4. External assets 4. Money market fund shares/units 5. Fixed assets 5. Debt securities issued 6
Life in Estonia through the eyes of an economics student With a population of 1 313 271 people, Estonia is one of the least populous member states of the European Union. However, according to the IMF, it is a developed country with an advanced and high-income economy. Estonia follows market economy system which ensures the little government intervention and the determination of prices of goods and services in a free price system. Therefore, economic decisions are guided solely by the aggregate interactions of a country's citizens and businesses. In addition to mentioned afore, Estonia tends to perform favourably in measurements of civil liberties, education, and press freedom. Living in Estonia has many of its good sides, for instance it is a secure place from nature disasters and it has a beautiful nature
TALLINN UNIVERSITY OF TECHNOLOGY Faculty of Social Sciences Ragnar Nurkse School of Innovation and Governance ! ! ! ! Elise Tõllimäe Pay-for performance: necessary or unsuitable way to increase efficiency in the public sector Essay ! ! ! ! ! ! ! !
annaabi.ee 
Sisene Facebook'ga
Sisene Google'ga
Sisene LinkedIn'ga
