The purpose of this coursework is to study the characteristics of inflation in the Russian economy
Finance University under the Government of the Russian Federation International Finance Faculty Department “Macroeconomics and Macroeconomic Regulation” Laboratory work on Macroeconomics on the topic: “The problem of inflation in Russia and anti-inflation macroeconomic policy” Made by student(s) of group IFF 2-2 Kirill Lazutin Tutor: associate professor, candidate of science in economics Kadysheva O.V. Moscow 2012 Content Introduction…………………………………………………………………… 2 Chapter 1. Theoretical aspects of inflation and its implications……………… 3 .1 Inflation as a form of macroeconomic instability………………………… 3 .2 Types of inflation…………………………………………………………. 6 .3 Socio-economic effects of inflation………………………………………. 8 Chapter 2. Features inflation RF and anti-inflation policy of the State……… 12 2.1 Problems of holding inflation in Russia…………………………...……... 14 2.2 Analysis of the rate of inflation for 2010-2011…………………………... 16 2.3 Anti-inflation policy of the state in 2011………………………………… 24 2.3 The inflation outlook for 2012…………………………………………… 31
HSBC and the Argentine Peso Crisis
I. INTRODUCTION G3 Consultants Inc. has been faced with the assignment of determining the feasibility for HSBC Holdings to invest more money into their Argentine subsidiary. Argentina is currently in the midst of a recession that has lasted nearly 4 years. After considerable help from the IMF in an attempt to control impending foreign debt, a mix of Argentina's political and monetary policies has resulted in the instability of the Argentine economy and the suspension of payments leading to an uncontrollable build up of national debt. The questionable sustainability of the Argentinean government has led to a freeze in the cash flow of foreign investors in the country, consequently placing HSBC as one of the main investors to decide whether or not to permanently cut its losses and fully pull out of Argentina or believe in Argentina's historical economic climate and continue to invest in the hopes of an outstanding upside to the current crisis. G3 Consultants Inc.'s objective is to evaluate and analyze the crisis and provide HSBC Holdings with a recommended course of action. II. KEY ISSUES G3 Consultants Inc. has been faced with the assignment of determining the feasibility for HSBC Holdings to invest more money into their Argentine subsidiary. In order to analyze the feasibility of this investment opportunity, all of the key issues must first be presented and analyzed in
Analysis of the Emissions Trading Directive
Analysis of the Emissions Trading Directive Index Page No. Abbreviations Used 2 Introduction 3 Background 4 Reasons for the Directive 7 Summary of Directive 8 National Allocation Plan 10 Interlinking Of Directive 11 Practical side 13 Problems (Implementation gap) 16 Conclusion 19 Reference 20 Abbreviations Used BCA -British Cement Association CCA -Climate Change Agreements CDM-Clean Development Mechanism CHP- Combined Heat and Power DEFRA- Department of Environment Food and Rural Affairs EEA -European Environment Agency ERU -Emission Reduction Units ETS -Emissions Trading Scheme IPPC -Intergovernmental Panel on Climate Change JI -Joint Implementation NAP -National Allocation Plan UNFCC -UN Framework Convention on Climate Change UKOOA-United Kingdom Offshore Operators Association UNFCCC- United Nations Framework Convention on Climate Change Introduction Air is intangible, ignored and easily damaged by pollution. Atmospheric emissions can upset the earth's fundamental ecological basis. Scientific effect on the greenhouse effect is based on concern over increasing atmospheric levels of carbon dioxide resulting from the combustion of fossil fuels and emissions of other greenhouse gases such as methane from decomposing waste, chlorofluorocarbons
Conservative Consulting ltd - Proposal and investment Plan, conservative consulting's investment proposal for Mr roberts.
CONSERVATIVE CONSULTING LTD PROPOSAL AND INVESTMENT PLAN CONSERVATIVE CONSULTING'S INVESTMENT PROPOSAL FOR MR ROBERTS EXECUTIVE SUMMARY Conservative Consulting Ltd is a leading provider of customised management and investment-consulting services utilising accomplished investment and business executives. We bring experience in building successful million pound plus asset management portfolios. Our aim is to help clients identify and implement key strategic initiatives, investment services/policies, tax efficient and socially responsible investments to help them increase sales/assets, income, profitability and personal satisfaction. With decades of management experience in all aspects of investments and business disciplines we work beside you to provide timely execution, customised solutions, follow-through, honesty and integrity. Our responsibility is to you. Conservative Consulting Ltd does not manage money or transact securities so we are not in competition with you. HAVE OUR EXPERIENCE AND SUCCESSES IN INVESTMENT AND MANAGEMENT WORK FOR YOU. CONTENTS PROPOSAL AND INVESTMENT PLAN CONSERVATIVE CONSULTING'S INVESTMENT PROPOSAL FOR MR ROBERTS INTRODUCTION 1.1. PORTFOLIO CLIENT This portfolio has been produced for Mr. Roberts, a university professor at the University of Nottingham who approached Conservative consulting with the aim for us to invest a sum of £300,000
Impacts of IMF and World Bank to the Development of Vietnam.
School of Communication Extended Essay Impacts of IMF and World Bank to the Development of Vietnam By Viet Hung Nguyen, Student ID: 1123850. MIC, UNITEC, Course: AICM-COMM 804, Semester: 1, 2003 Due: 24 May, 2003 Tutor: Peter Thompson Auckland, May 2003 Remember to relate the issue of development to communication issues, be clear about which theoretical paradigms apply (modernisation/ under-development/ another/ multiplicity), and you won't go far wrong. Impacts of IMF and World Bank to the Development of Vietnam Contents . Introduction 3 .1. Vietnam context in development paradigm 3 .2. Post-war period- milestones for Vietnam economic reform 4 .3. Current situation of IMF in VN 5 .3.1. Type of assistance and programming 5 .3.2. Programme objectives and priorities in Viet Nam 5 2. Vietnam's Policies 6 2.1. Doimoi policy (renovation/ industrilization and modenization paradigm) 6 2.2. Poverty alleviation 8 2.3. Paticipatory approach 8 2.3. Demands from WB/IMF/WTO and Vietnam's resistance 8 3. Main impacts 11 3.1. Impact on the national economy 12 Reimbursing the "Bad Debts" of the Saigon Regime 13 3.2. Impact on the social system 14 3.3. Devaluation of Vietnam dong (VND) 14 4. Lesson leant 14 5. Conclusion 15 Bibliography 16 1. Introduction "Since the early 1980s, the "macro-economic stabilization" and "structural adjustment"
The Foreign Exchange System and its Impact on the Countries of Latin America.
Assignment I "The Foreign Exchange System and its Impact" Chile History of Exchange rate system The original currency of Chile was Peso. However, it was replaced by Escudo (E) in 1960. At the beginning of 1960s, there was a dual exchange rate, which included a fixed Banking Rate and a floating Brokers' Rate. But the Banking Rate was allowed to float along with the Brokers' Rate afterwards. In the following years, the U.S. Dollar was depreciated. As the Escudo was pegged with U.S. Dollar, both Banking and Brokers' Rates were being depreciated and reduced in gold content. There is an introduction of a new currency, Chilean Peso (Ch$), in September 1975, there were a series of depreciation of the unit. These polices had not improved even the Peso was placed a controlled. So a policy of pre-announced devaluation was adopted in 1977 and it ended with the fixing of the exchange rate In 1982, the Effective Rate replaced the Fixed Official Rate. The currency was placed a controlled, floating basis and was linked to a basket of currencies such as U.S. Dollar, West German Mark, Japanese Yen, French Franc and British Pound. Although the Effective Rate was allowed to float freely, the Central Bank would intervene in exchange market when the rate fluctuated outside the margins set. Chile's exchange rate is determined in an intra-bank market. It is allowed to fluctuate within a band
Business Cycles: Meaning and Nature
BUSINESS CYCLES AND MACROECONOMIC POLICY INITIATIVES BUSINESS CYCLE Today we are faced with higher unemployment levels, deflation in farm prices, disinflation in industrial prices, and inflation almost everywhere else. These are cycles in all spheres of human endeavor, from stocks and bonds to commodities and political preferences and are generally known as business or trade cycles. In this chapter, we discuss: Meaning of business or trade cycles Types of cycles Various phases of cycles Three important theories on business cycle Various remedial measures to rectify economic imbalances caused by these trade/business cycles Various business indicators and their practical applications in: Forecasting recession Buying and selling of stocks MEANING Business cycle or trade cycle is a part of the capitalist system. It refers to the phenomenon of cyclical booms and depressions. Most acceptable definition is that given by Mitchell, "Business cycles are a type of fluctuations found in the aggregate economic activity of nations that organise their work mainly in business enterprises. A cycle consists of expansions occurring at about the same time in many economic activities followed by similarly general recessions, contractions, and revivals which merge into the expansion phase of the next cycle; this sequence of changes is recurrent but not periodic....". An important
Production planning and control, plant location and layout.
INTRODUCTION TO PRODUCTION MANAGEMENT; PRODUCTION PLANNING and CONTROL; PLANT LOCATION and LAYOUT. . Production Production is the foundation on which every organization is built. Production is a secession of work elements applied to natural materials with the purpose of transforming these into desired goods & services for the satisfaction of human wants. The other word synonymously used with production is manufacturing. Manufacturing is understood to mean production of only tangible goods whereas production includes creation of both tangible goods & intangible services. In a manufacturing organization production is an intentional act of producing something in an organized manner. Similarly in a service organization production means discharge of some function which has some utility. Thus the basis of production is the transformation of inputs into goods & services. 2. The main objectives of a production process are - (1) Optimum use of resources at optimum cost. (2) Manufacture of the desired quality & quantity of goods & services. Production management refers to the application of management principles to the production function in an enterprise. In other words, production management involves application of planning, organizing, directing & controlling to the production process. The management of the transformation process of inputs into output is production
The high and rapidly rising level of Japan's FDI in recent years stands out when compared to those of other major developed countries. While Japanese exposure to FDI is significantly lower than that of other industrial countries.
Table of Contents Part Title Page Introduction 2 2 Analysis of US's and EU's FDI in Japan 3 3 Theoretical Explanations 8 4 Japan FDI in US and EU 3 5 Critics Over Japan's Market whether it is closed 6 6 What are the future trends of FDI between Japan, US and EU? 9 7 Conclusion 24 8 References 26 Introduction The high and rapidly rising level of Japan's FDI in recent years stands out when compared to those of other major developed countries. While Japanese exposure to FDI is significantly lower than that of other industrial countries. Those FDI into Japan has been, in fact, small compared with its own outward FDI as well as with its own GDP. Consequently, sales of foreign-owned multinational enterprises (MNEs) in Japan account for only 1 percent or so of its GNP compared with around 5 percent in other advanced host countries such as the United States, France, Germany, and the United Kingdom. Why does this distinct contrast between FDI in Japan and Japan outward FDI exist? Foreign exchange controls banned direct investment into Japan until the late 1970s, but are still partially responsible for the low penetration of foreign firms. Moreover the low FDI in Japan mainly results from the extra costs of doing business in Japan. Such extra costs or location disadvantages include very high land and labor costs as well as business practices unique to
Amendments to Directive considering its impact on UK transfers including territorial scope, share transfers, joint liability for employees' rights, pension rights, insolvency exceptions, employee representatives and consultation.
Journal of Business Law 998 Article AN AMENDED ACQUIRED RIGHTS DIRECTIVE Malcolm Sargeant. Copyright (c) 1998 Sweet & Maxwell Limited and Contributors Legislation: Council Directive 98/50 amending Directive 77/187 relating to the safeguarding of employees' rights in the event of transfers of undertakings Keywords: EC law; Transfer of undertakings Abstract: Amendments to Directive considering its impact on UK transfers including territorial scope, share transfers, joint liability for employees' rights, pension rights, insolvency exceptions, employee representatives and consultation. *577 On September 16, 1994 Mr Karel Van Miert, a Member of the European Commission, wrote to the President of the Council of Ministers enclosing a proposal for an amendment to the Acquired Rights Directive. [FN1] He suggested a timetable for adoption which consisted of the European Parliament and the Economic and Social Committee delivering their opinions by February 1995, so that the Council could act in May 1995. This timetable proved to be optimistic and the amended Directive was finally adopted at the meeting of the Council on June 29, 1998. The original Directive The purpose of the Directive is to protect the contracts of employment and the employment relationships of employees who work for undertakings [FN2] or businesses that have transferred to a new employer. The intention is
