National Savings

National savings are material standards of life that include savings of private sector, firms and governments. Such standards comprise also superannuation - the key element of private savings. Private or households savings may be determined as domestic savings divided by household disposable income. National savings are basically dependent on consumption opportunities. Savings may be positive or negative.

US Economy and the Impact of Indian Economy on the Global Market

Global economic review of India.

India and South Africa Urge Richer Countries to Improve Their Offer in Global Trade Talks

India and South Africa have recently called for the wealthier nations to offer further cuts in their farm subsidies in order to help revive the global trade negotiations. Both the Indian Prime Minister Manmohan Singh and South African President Thabo Mbeki said that the suspension of the Doha Development Round of trade talks was not only disappointing, but it also resulted to serious setbacks on the part of the developing nations.

Influence of Economic Globalization on Toursim

In the given work I will discuss influence of economic globalization on tourism all over the world. In the first section of it I am going to concentrate on the issue of globalization itself, its definition and different approaches to it. The second part will discuss globalization influence and impact. I will use examples to compare both positive and negative aspects. In the third part effect of globalization on leisure and tourism will be analyzed along with the motivation theories.

Living in the United States - Are We Spending Ourselves into Bankruptcy?

The deficit is growing more rapidly. Can we afford this overspending now that will be paid for in the future?

Two-Time Lottery Winners And The Economics Law Of Diminishing Marginal Utility

This article uses the example of two-time lottery winners to explain the law of diminishing marginal utility...

Biodiesel as Fuel is A Step in the Right Direction

Americans are addicted to oil, we've all heard that time and time again. So what can we do about it? Biodiesel fuel is one alternative that could cut our dependency of oil.

International Trade and Its Barriers

This article defines international trade and illustrates the different kinds of trade barriers that are generally encountered. It also discusses the various advantages enjoyed by countries through implementation of these barriers on international trade.

Future of Interest Rates in UK

A look into prospect for interest rates in UK following the MPC latest inflation report. Generally inflationary pressure seem lower than expected

India-Srilanka Free Trade Agreement(FTA): The Success and Road Ahead

The Free Trade Agreement between India and Srilanka came into full existence from 1st March 2000.This FTA basically deals with the modalities of the Duty Free Import of the Goods manufactured in Srilanka

Ford Employees Learn Economics 101

Recently thousands of Ford employees have been taught the harsh lessons of economics. They were laid off. The lesson is that competition has been growing rapidly around the world and the economy is in a state of constant change. If one doesn'e learn the lessons of the change, they might find themselves victims of it.

Rising Loan Debt Blamed On Government Regulations And Rising Utility Bills

As the average personal debt in Britain continues to rise, financial provider Zopa blames government rules preventing early loan repayment, while the Consumer Credit Counselling Service points the finger at rising utility bills and council tax.

2007 Trends in The Flow of Money and Economics

At no other time in human civilization has economics played a greater role in the stability of Nations. The economics of the twenty-first century are indeed more complex and interdependent than ever before. The massive scale of money flows to all parts of the world is truly astounding and thus the importance of good economic policy is indeed paramount.