Category Archives: The Global Economy

The European Financial Crisis: Can It Be Solved?

An Interview with NYU Stern School of Business Professor Itamar Drechsler on the Eurodebt Crisis  Problems continue in Europe, especially in countries like Greece and Spain, where we see record high unemployment rates. What are the central issues that are still … Continue reading

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US Multinationals Face Declining Profit in Europe, Tapping Into Latin America Instead

US multinational companies are facing declining sales in Europe, with some companies barely making any profit. According to an InvestorPlace article, “The double whammy of a shrinking Eurozone economy and weaker euro makes an already depressed revenue picture for some … Continue reading

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An Interview With NYU Stern School Of Business Professor Kim Ruhl On Multinational Companies And Their Impact On Underdeveloped And Developing Countries

Are multinational companies more helpful or hurtful to the underdeveloped countries in which they operate? “They’re probably good in most cases. They tend to provide higher wages than domestic firms do. Usually, there are some transfers of technology that are … Continue reading

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Africa: Short-Term Investments Appear Promising, Yet Widespread Fracking May Inhibit Long-Term Investment Opportunities

Recently, many have found it opportune to invest in Africa. Foreign direct investment has increased by almost 50% since 2005 and the IMF has even predicted that Africa’s expected GDP growth for 2013 will be 5.7%. According to an article … Continue reading

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Hurricane Sandy – Online Retailers Using Storm to Drive Sales

As Hurricane Sandy is quickly approaching New York City, estimates of the storm’s extensive damage and economic impact appear far-reaching. In fact, according to a Bloomberg article, the storm may cause approximately $20 billion in economic damage. The article even … Continue reading

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US Multinational Companies Reveal Substandard Corporate Earnings Due to Europe’s Lagging Economy

US multinational companies have reported substandard corporate earnings, as many of the companies have been facing a decline in sales within Europe, greatly attributed to Europe’s lackluster economy. According to a recent Wall Street Journal article, multinational company, Whirlpool, announced … Continue reading

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Foreign Direct Investment Explained

Foreign Direct Investment Explained Check out this video I created on Xtranormal, explaining foreign direct investment.

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