Several international entities such as the World Trade Organization, European Commission, and United Nations Commission for International Trade Law (UNCITRAL) have been concerned with building effective procurement guidelines and working frameworks to be harmonized across both national and international levels by providing an in-depth analysis…
Essays on Political Economy
Federal minimum wage has been an arguable topic ever since it was implemented into the American society. Minimum wage is the lowest possible wage that employers may legally pay to employees. The first minimum wage law was enacted in 1894 in New Zealand. Many other…
Sweden’s political system is called Riksdag and is a parliamentary, representative democratic constitutional monarchy. The parliament consists of 1 chamber, 349 seats, approximately 8 parties. A party must have a total vote of 4% to be considered a part of Riksdag. The executive power is…
The essence of bureaucracy is hierarchy. Every organization should be ladder organized and aware of the different roles that everyone has within the company. A theory called the “Bureaucratic theory” by Max Weber shows that people need to have defined roles within the organization and…
This essay discusses the large demographic of “Baby Boomers,” outlining their defining set of features and standards of behaviour. It will also assess the texting patterns of said baby boomers and how they interact with this technology. Next the essay will incorporate an example from…
He spent limit in developmental instructive period in youthfulness house, where he continually circumstance to his mom and father’s clashing advantages. He has acquired a momentary job educating at the University, Berlin and following that he wedded Marianne Schnitger, may wind up memoir and manager…
The Colombian tax framework establishes taxes at departmental and municipal range. It is however, highly volatile with inconsistent tax reform. Figure 3 shows the fluctuation of the corporate tax rate in Colombia in the past decade. All foreign non-resident entities are required to pay taxes…
There are a few powerhouses when looking at world economies China and the United States of America being just two of them. As most people know, the United States and China differ greatly. The two have seemingly different cultures and styles of government. On top…
First, the baby boomer generation is defined as the individuals born between 1946-1964. This group of people are knowingly ”separated” from the rest of the generations. (‘Baby Boomers: The Gloomiest Generation,’ 2019). This age of people are the ones being targeted by marketing companies because…
Max Weber was a German sociologist and political economist, who is regarded today as one of the ‘founding fathers’ of sociology, alongside Karl Marx and Emile Durkheim. He is one of the most significant theorists on the development of modern Western society (Caves, 2004). Weber…
Coronavirus pandemic is happening now. More than 3.5 million people are infected and more than 250 thousand people died (WHO, 2020). People need to work from home due to the lockdown restriction. Some employees are asked to take indefinite unpaid leave or even laid off…
You and your friends are playing the game of who can build the most houses in a set amount of time. The rules are simple: Everyone starts out with the same amount of given money. With that given money you can buy supplies to build…
In recent years, a debate on whether or not America should keep the penny has arisen. Numerous Americans are in favor of keeping it due to sentimental value, while others say it is just too costly. There are multiple upsides as well as downsides to…
Michael Moore from the very beginning puts one problem above the rest – it’s a mortgage. It is in this area that the financial structure has created a gap, which in turn served as the beginning of global changes in the US economy. However, Moore…
The implementation of capitalism throughout history has created a heritage of greed among the financially elite, manifested a tradition of inequality among social classes, and caused financial instability among the middle class. Capitalism allows for the formation of monopolies and the exploitation of the middle…
