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Philosophy of the Economy Part One

Philosophy of the Economy Part One   Chapter I – Introduction (Philosophy of the Economy) The Globalization has become an irreversible historical process constantly expanding and evolving at the same time the social and Economic conditions in the most developed nations have succeeded raising productivity and concentration of capital. The old tools of Economics cannot […]

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The Multipolar World Economy

The Multipolar World Economy The global economy currently is undergoing a great transformation in terms of Economic structure, power, and influence. The economies that have been commonly called ” emerging markets” appear to have finally emerged and are coming into their own in terms of their contributions to global Economic and financial activity. The international

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Small Business Cost-Cutting to Survive the Current Economic Crisis

Small Business Cost-Cutting to Survive the Current Economic Crisis   To survive as a business owner in this difficult Economic climate, you are likely to be faced with some hard choices. 1. Cutting your workforce It’s never an easy thing to do, but there are times when laying off employees is unavoidable. With most businesses,

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Entrepreneurship and MSME – The Engine For Economic Growth and Wealth Creation

Entrepreneurship and MSME – The Engine For Economic Growth and Wealth Creation With a population of 148 million and the second largest economy in the continent after South Africa, the state of Nigeria’s economy is a bundle of extreme contradictions. The US sources 10% of its crude imports from abundant oil fields in the Niger

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Globalization – Economic Dimension

Globalization – Economic Dimension In simple terms, the phenomenon of ‘globalization’ is perceived as increased inter-connectedness of the world (Papers4you.com, 2006). However there are three primary defining pillars of globalization that includes cultural, political and Economic dimensions (Potter, 2002). It was argued that ‘cultural globalization’ is increasing convergence of cultural styles on a global norm,

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Economy: What Might Be Next In The Economy?

Economy: What Might Be Next In The Economy? Since, we don’t have a crystal ball, it is impossible to predict, accurately, the future! This is especially true, when, it comes to Economic issues, including investment, real estate, interest rates, inflationary pressures, government actions, international factors, etc. What are the ramifications of inflation, recession, interest rates,

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