Is Globalization good for the poor people Essay Example | Topics and Well Written Essays - 500 words

Is Globalization good for the poor people - Essay Example Part of the reason for the recent boom in the Estonian economy has been attributed to the numerous reforms and liberalization policies that have been initiated. Most of the ideas in this direction were suggested by the late Nobel prize winning economist, Milton Friedman. The changes put in place have resulted in it becoming one of the most integrated and freest economies in the world. In the globalization index of 2007, Estonia was placed in the 10th position under the most integrated economies suggesting a massive transformation from its communist past. The country was virtually bankrupt during the 1990s with a high rate of inflation and soaring unemployment rates. By opening itself up to the outside world, Estonia has abolished corporate income tax and bureaucracy is no longer a hindrance to government clearances. In a way, the government has acted as a very thin filter to corporate functioning thereby helping in the smooth and easy conduct of business. Estonia is presently places at 17 among a group of 175 economies in terms of the ease of doing business sixth in terms of feasibility in trade across borders. There is no cap on foreign ownership that has encouraged investments in all major sectors of the economy. Estonia is currently places at 21 for technological connectivity although these figures are expected to improve in the coming years. The country is also increasingly involved in the use of information channels for communication with many of the government functions including voting now possible through the Internet. All such changes have prompted it to be dubbed as ‘E-Stonia’ after the recent general elections were held over the web. Apart from all the above measures, it is also important for the presence of an able administration that is bold and determined to making changes that will necessitate the opening up to trade

Case 1 paper Essay Example | Topics and Well Written Essays - 2000 words - 1

Case 1 paper - Essay Example From the data in Tables A, B, C, E, F, and I, sufficient information was obtained to forecast revenue and cost for the business and for the Coors wholesale business being contemplated. Analysis of the initial customer, the industry demand, projections in market share, investments and costs, including a break-even analysis were conducted. The study concludes that Larry should take the opportunity to apply for the contract, and should not spend more than about $6,800 in availing of information from Manson. The principal problem which this analysis addresses is whether or not Larry Brownlow should apply for the Coors wholesale distributorship for a two-county area in Southern Delaware. The determining criteria for this is will be the fixed and variable cost study and the break-even analysis at the end of discussion, but also considered are the targeted customers, industry demand, market share, investments, and costs incurred. The secondary problem is to determine which research would be source from Manson and Associates to support a decision for the market potential of a Coors beer wholesale distributorship, but at the same time minimize the cost of acquiring this information. The industry demand is arrived at through the per capita approach and the taxes paid approach. The per capita approach involves the calculation of overall consumption in the industry, based on the historical data on the consumption per person and the growth of the target segment of the population that consumes the product. In Table 1 below are shown the US and Delaware per capita (i.e. per head or per person) consumption, while Table 2 shows the growth of the population in the two counties which comprise the market area. By multiplying the rate of consumption per person in Table 1 with the corresponding number of persons estimated in Table 2, then the result (in Table 3) is the estimated total consumption in units. This describes the total industry demand for the