Tools used in traditional economic development

Tools used in traditional economic development

What types of tools are used in traditional economic development? How are these tools similar? How are they different? Who is involve d in the decision-making process with traditional and neighborhood economic development? Does the composition of the group of decision-makers make a difference?

What types of tools are used in traditional economic development?

Firstly, What types of tools are use d in traditional economic development?

Secondly, How are these tools similar?

Thirdly, How are they different?

Further,  Who is involve d in the decision-making process with traditional and neighborhood economic development?

Also, Does the composition of the group of decision-makers make a difference? (Hint: regime theory).

Additionally, What do we know about the outcomes of traditional economic development projects-who benefits?

Who doesn’t?

Moreover, What do we know about the outcomes of traditional economic development projects – who benefits?
Who doesn’t?

Finally,  What are some policy recommendations to overcome some of the shortcomings of traditional economic development?

More details;

Business retention, revolving loan funds, tax increment financing, tourism, bond issuance, PILOTs, tax abatement…

All are examples of the core strategies and tools utilized every day by most economic developers. Sometimes controversial, oftentimes boringly commonplace, often misunderstood– and almost always in need of some explanation as to why they work and why economic developers use them.

In their day, they might have been sexy like clusters and innovation–but age and gravity has taken their toll. They are now pervasive. Like two aspirin, they work wonders but who cares anymore. We do!

The problem with our traditional strategies and tools is that people mess with them. In particular media,  academics and sometimes the research institutes and think tanks. Often when they translate our strategies and tools into academic and policy research, the description and analysis of these strategies and tools gets distorted–sometimes downright manipulated. Does the expression, hatchet job come to your lips?

APA 12 point double spaced – please be careful to cite all references.

Regulatory infrastructure for Interest Rate Risk Liquidity Risk Operational Risk

Regulatory infrastructure for Interest Rate Risk Liquidity Risk Operational Risk

This paper focuses on Banking risk. Using examples (JPMorgan Chase & Co) you are required to present a report critically analysing and demonstrating your understanding of the sources, measurement, management and regulatory infrastructure of the following three risks:

Using examples (JPMorgan Chase & Co) you are required to present

Part A:
Using examples (JPMorgan Chase & Co) you are required to present a report critically analysing and demonstrating your understanding of the sources, measurement, management and regulatory infrastructure of the following three risks:

Firstly, Interest Rate Risk

Secondly,  Liquidity Risk

Thirdly, Operational Risk

Part B:
Basing on the interest rate, liquidity and operational risks in Part A, construct a fraud risk assessment framework of three associate risks that your chosen bank is currently exposed to OR will be exposed to in the foreseeable future. Pay particular attention to the current regulatory infrastructure in which the bank operates. Also, Please note that all the supporting materials will be attached.

More details;

What Is Interest Rate Risk?

Interest rate risk is the danger that the value of a bond or other fixed-income investment will suffer as the result of a change in interest rates. Investors can reduce interest rate risk by buying bonds that mature at different dates. They also may allay the risk by hedging fixed-income investments with interest rate swaps and other instruments.

Liquidity risk is the risk that a company or bank may be unable to meet short-term financial demands. This usually occurs due to the inability to convert a security or hard asset to cash without a loss of capital and/or income in the process.
Operational risk is the prospect of loss resulting from inadequate or failed procedures, systems or policies. Employee errors. Systems failures. Fraud or other criminal activity.
What is operational risk examples?
Examples of operational risk include Risks arising from catastrophic events (e.g., hurricanes) Computer hacking. Internal and external fraud. The failure to adhere to internal policies.

Finance Investment Risk Analysis

Finance Investment Risk Analysis

Locate and analyze an article on a financial topic or current financial event that interests you. Summarize the article and support your observations with evidence from research and the readings.

Analyze an article on a financial topic or current financial event

Locate and analyze an article on a financial topic or current financial event that interests you.
Summarize the article and support your observations with evidence from research and the readings.
You can also use any financial websites along with any sources such as journals, textbooks, and newspapers such as the Wall Street Journal, etc.
Also, feel free to discuss any topic in the world of finance even though we may not have covered it or it is not covered in the text. Finance is a very broad topic so you can write on many topics such as a particular.

Your assignment should be a minimum of 500 words. A title page and executive summary are not required. Be sure to use APA format when citing your reference. (Note: Please do not use Wikipedia articles).
Submit your Article Review in this public thread so that your course-mates can read and comment.

 Week 4: Lecture – Lesson Videos

Risk and reward is a relationship that makes intuitive sense, even if you haven’t put it into words.  The following video reviews the concepts of risk and reward and very clearly explains why investment opportunities with higher variance (or volatility) are considered riskier and must offer a higher reward to pursue.

https://youtu.be/xAWxKk9tUME

A portfolio is a group of investments and most investors invest in a portfolio of stocks so they “don’t put all their eggs in one basket”.  In other words, they spread their risk across multiple investments.  The ideal portfolio includes investments with different patterns of volatility so that risk is minimize .

The graphs in the following video provide a visual image of this concept.  Take a look.  The British accent will be a change of pace! A portfolio is a group of investments and most investors invest in a portfolio of stocks so they “don’t put all their eggs in one basket”. In other words, they spread their risk across multiple investments.

However, care should be given to the pattern of volatility follow ed by each type of investment.  If all investments follow similar patterns, an investor hasn’t diversified her portfolio. The ideal portfolio includes investments with different patterns of volatility so that risk is minimize.  The graphs in the following video provide a visual image of this concept.  Take a look.  The British accent will be a change of pace!

https://youtu.be/QJnnpX5o-ko

Calculating the Standard Deviation of a Two Stock Portfolio is a way to prove that investing in more than one stock i.e. diversifying your portfolio will reduce financial risk.

 Week 4: Lecture – Lesson Videos

For example, assume you have a list of all the stock prices of Company A for over a year.  Using all the prices, you can calculate their average well as the standard deviation.  The standard deviation (SD) is a reflection of how far the actual prices deviated from the average, or in other words, the amount of volatility in the stock price.  A high standard deviation means there was greater volatility, i.e. variability in the stock prices, than the volatility of stock prices with a low standard deviation.  Therefore investing in a stock with a higher SD is riskier than investing in a stock with a lower SD.

But didn’t we say that we want to invest in more than one stock to further minimize risk? Yes, we did! Below find a video that calculates the risk associated with a two stock portfolio (for simplicity) by computing the standard deviation of the portfolio. You won’t be responsible for the calculation itself. However, notice that the SD of only Stock A and the SD of Stock B are both higher than the SD of the portfolio.  If an SD is a measurement of risk, then the calculation shows the risk of the portfolio is lower than the risk of investing in the individual stocks.  So diversification lowers the risk of investing the same dollars in only one of those stocks.
https://youtu.be/sHEA73iz_Io

Marx and Engels fundamental to capitalism

Marx and Engels fundamental to capitalism

EXPLAIN ONE of the following processes that MARX AND ENGELS describe as fundamental to capitalism. Define or describe the concept in detail, and explain how it specifically applies to modern capitalism, and how it negatively impacts labor or thwarts a positive potential.

MARX AND ENGELS describe as fundamental to capitalism

Question 1:

Concept Definition. MARX AND ENGELS (1 question- 250 words max- 10 points).

EXPLAIN ONE of the following processes that MARX AND ENGELS describe as fundamental to capitalism.

Define or describe the concept in detail, and explain how it specifically applies to modern capitalism, and how it negatively impacts labor or thwarts a positive potential.
A. estranged labor
OR
B. exploitation

Question 2:

Concept Definition. DURKHEIM (1 question- 250 words max- 10 points).

EXPLAIN ONE of the following concepts that DURKHEIM describes as significant to modern life. Define or describe the concept in detail; explain why it is prevalent in modern societies, and explain how it negatively and/or positively impacts societies.
A. anomie
OR
B. moral individualism

Question 3:

Firstly, Concept Definition, elaborated. DURKHEIM (1 question – 500 words max- 20 points).

Secondly, In The Elementary Forms of Religious Life, DURKHEIM develops a significant contribution to how sociologists understand the role of ideas in social life.

Also, Describe, in the simplest language that you can, the elements of Durkheim’s theory of religion. In your description of Durkheim’s theory of religion, differentiate aspects of the theory about what people think (ideas), what people do (actions), and the material world (objects).

Further, Explain how this conception of social bonding differs from Durkheim’s earlier theories of a social bond built on collective consciousness (mechanical solidarity) or regulation (organic solidarity).

Question 4:

Firstly, Concept Definition, elaborated. MARX and ENGELS (1 question- 500 words max- 20 points).

Secondly, In The German Ideology, MARX AND ENGELS argued that philosophers of their time (Hegel and his followers) mistakenly believed that thoughts can change history. And yet, ideas, thoughts, and consciousness do play a role in Marx and Engels’ theory of history.

Thirdly, Describe, in the simplest language you can, some basic elements of the alternative theory of history that Marx and Engels offered, what we call a materialist theory of history. Include a description of the place that ideas, thoughts, or consciousness play in this theory.

Also, Illustrate your description with details about a real-life example of historical change such as urban gentrification, the fall of communism in the USSR and China, or the recent financial crisis.

Question 5:

Interpreting Contemporary Phenomena – Durkheim. (1 question – 500 words max – 20 points)
Describe how Durkheim might explain some part of ONE of the phenomena below.

In your answer, you should clearly state what aspect of the phenomenon you are explaining; you should restate in your own words what concept(s) from Durkheim’s writing you are applying; and you should demonstrate how those elements of theory connect to the real-life example to help offer an explanation.

a. The current spread of the COVID-19 virus and its impacts, globally and/or in specific places.

b. Recent liberal economic transformations in post-socialist nations such as China and Hungary, including the privatization of land.

c. The recent rise of populism and political polarization in the US and elsewhere, and its impacts.

d. The candidacies, campaigns, and voting outcomes of the current Democratic primaries for the US 2020 presidential election.

e.  Mass Incarceration in the U.S. has substantially increased in recent decades even though crime rates have decreased. With over 2 million people now behind bars, the U.S. now has over twice as many prisoners for its size than any other country, and those prisoners are disproportionately young, black men.

f. The rise of unpaid internships as an increasingly common experience for American students attending four-year colleges, and as a special hardship for low-income and working students.

g. You may choose any other contemporary or historical phenomenon to discuss, but you may not use an issue that was discussed extensively in lecture or discussion.

Question 6 (a-g):

Firstly, Interpreting Contemporary Phenomena – Marx and Engels. (1 question – 500 words max – 20 points)

Secondly, Describe how Marx and Engels might explain some part of ONE of the phenomena listed in Question 5.

Thirdly, In your answer, you should clearly state what aspect of the phenomenon you are explaining; you should restate in your own words what concept(s) from Marx and Engels’ writing you are applying; and you should demonstrate how those elements of theory connect to the real-life example to help offer an explanation.

Banking Theory and Practice Brexit

Banking Theory and Practice Brexit

This is an assignment that focuses on the Banking Theory and Practice 2019-20 on Brexit. The paper also is to analyze the financial ratios or measures.

The Banking Theory and Practice 2019-20 on Brexit

Individual Coursework
The assignment is a case study. The length of the essay is 1000 words (+/- 10%) excluding cover page, table of contents, abstract, references and also appendices.

Required:

Conduct a case study on how Brexit and uncertainty of Brexit plan have affected a chosen UK commercial bank so far, in the context of performance and risk level. Your case study needs to include the following elements:
a.     Firstly, explain the background of the mentioned topic, using appropriate references.
b.     Secondly, clearly explain the objectives of your case study. This should also include the details of which types of performance and risk you choose to study.
c.     Thirdly, collect financial data of your chosen UK commercial bank from a reliable source.

d.     Fourthly, carefully evaluate financial ratios/measures which meet the objectives of the case study.
e.     Then, analyze the financial ratios/measures, with the support of appropriate diagrams.
f.       Also, critically argue whether the bank’s performance and risk were affected by Brexit.
g.     Lastly, your essay has to include a cover page (with the title of essay, do NOT include your student ID), a list of reference, and the required appendix.
h.     The referencing format should be Harvard referencing style.

Key Marking Criteria:
(i)              Kindly provide an explanation on the topic
(ii)             Quality of data collected
(iii)            Choice and evaluation of financial ratios/measures for bank analysis
(iv)           Analysis of the chosen financial ratios/measures
(v)             Validity and also insightful in discussion and arguments

Ensure that the paper is at least four pages long, with proper Harvard formatting and citation. Emphasize on proper grammar and referencing in writing the paper.

Impact of convergence to IFRS

Impact of convergence to IFRS

Choose a company from the SEC EDGAR (above link) Web site for your Key Assignment to evaluate for the impact of convergence to IFRS.

Company from the SEC EDGAR-impact of convergence to IFRS

Consolidations and Special Issues
Description
https://www.sec.gov/edgar/search-and-access (Please use Amazon for this report!!!!)
Choose a company from the SEC EDGAR (above link) Web site for your Key Assignment to evaluate for the impact of convergence to IFRS.

Part 1
Review the financial reports and notes of the company you have chosen from the EDGAR Web site. Using this company as your point of reference, provide general information on the following questions:

1.Firstly, Create an overview on IFRS.

2.Secondly, What will be some of the main concerns for your company as they move from U.S. GAAP to IFRS?

3. Thirdly, Generate a list of differences that you would expect to see on your Income Statement and your Balance
Sheet after the convergence process is complete.

4. Fourthly, Describe what impact the convergence will have on your company’s inventory account (IAS 2).

5. Further, Describe some of the differences between IFRS and US GAAP regarding the accounting for financial instruments

6. Also, Give a minimum of two examples of how your company will be impacted by the conversion process (IAS 32, IAS 39 & IFRS 7)

Part 2

Deliverable Length: 1,000–1,200 words
For this assignment, use the company you have chosen from the EDGAR Web site as your point of reference.
After the reporting period has ended, you could potentially encounter other events that will have impacts on your company (IAS 10).
1. Firstly, Describe the recognition and measurement differences currently existing between IFRS and U.S. GAAP.

2. Secondly, What impacts could these differences have on disclosure requirements?

3. Thirdly, Create an overview of considerations regarding income taxes that the company may encounter.

4. Fourthly, Give 2 examples of areas you see as the greatest concern.

5. Further, What impact will the convergence process have on your company’s tax planning?

A key area of contention between IFRS and U.S. GAAP lies in the classification and measurement of leases.

6. Also,Describe the 2 main types of leases and where the differences lie.

7. Moreover, What impact will this have your company?

8. Additionally, Give your opinion on the U.S. moving into IFRS.

9. Also,For the company you have selected, what do you see as the major advantages and disadvantages of convergence?

10. Finally, Provide a minimum of 3 examples of each supported by your research.

Time Value of Money TVM a fundamental principle NPV IRR ARR

Time Value of Money TVM a fundamental principle NPV IRR ARR

According to Medeiros, the Time Value of Money (TVM) is a fundamental principle in everything from investing to purchasing. It affects you, today, in practical and real ways. Money loses its value over time which makes it more desirable to have it now rather than later. Why?

Time Value of Money (TVM) is a fundamental principle

According to Medeiros, the Time Value of Money (TVM) is a fundamental principle in everything from investing to purchasing. It affects you, today, in practical and real ways. Money loses its value over time which makes it more desirable to have it now rather than later. Why?

Firstly,  Immediate earning potential. You can also immediately generate interest today if you invest today.

Secondly, Lower risk. Money in hand today is a sure thing. It eliminates other risks, like default risk, which is when you are promised money in the future, and someone doesn’t pay up — such as that friend you lent money to and who still hasn’t paid you back.

Thirdly,   Opportunity costs. These are essentially choices you give up to do something else. Further, When you decide to wait one year to get your money, the opportunity cost is the years’ worth of lost interest that you gave up to wait for it (link (Links to an external site.)).

For This Week’s Discussion

Let’s choose from some practical, real-world examples of the importance of TVM. From the list below, choose one scenario to discuss. Each scenario gives you two potential decisions to make. Choose one decision and provide rationale for 1) earning potential, 2) risk, and 3) opportunity cost.

Scenario 1:

Choosing Your Lottery Pay-out
Congratulations! You have won the $500M Power Ball jackpot! You have two options for payment: 1) Take an immediate lump sum today with substantial tax implications; 2) Take 30 years of future annuity payments with far less tax implications.

Scenario 2:

Designer Shoe Purchase

The amazing pair of shoes you’ve had your eye on are FINALLY on sale. You have to have them. Do you: 1) immediately pay for the shoes with cash, or 2) charge the shoes to your credit card? Remember, make a TVM argument.

Scenario 3:

Professional Athlete Contract
You are an NFL running back going into your fourth season with the team. Your agent and the owner have negotiated two options for a new contract; each contract has injury clauses associated with them which could impact your total pay if you get hurt. 1) Sign a three year deal at $20M/year with a $1M immediate signing bonus, including end-of-season performance-based bonuses of an additional $5M; 2) Sign a one-year deal at $14M, which includes a $4M immediate signing bonus.

Peter Singer sacrifice some consumer goods

Peter Singer sacrifice some consumer goods

Peter Singer argues that we ought to sacrifice some consumer goods in an effort to help those living in absolute poverty. Consumer goods are not as morally significant as a life.

Peter Singer argues that we ought to sacrifice some consumer goods

Peter Singer argues that we ought to sacrifice some consumer goods in an effort to help those living in absolute poverty. Consumer goods are not as morally significant as a life.  Many authors do not agree with Singer’s views about global poverty, however.

For this assignment, I would like you to briefly summarize Singer’s view, and then present and explain one criticism of his view.  You must find one journal article in which the author criticizes some of Singer’s ideas about global poverty to complete the second part of this question.  When you discuss the article that is critical of Singer’s views, be sure to present the author’s thesis. Further, to present and explain the arguments the author gives in defense of her thesis. You can find articles on the Philosopher’s Index (this is a database to which the library subscribes.  Go to the library homepage, click on ‘databases’ and then ‘P’.  You can find the Philosopher’s index there).  Papers should be 3-4 pages typed, double-spaced

More details;

What is Singer’s solution to world poverty?
Analysis of “The Singer Solution To World Poverty” Essay. A Critique For “The Singer Solution To World Poverty” In the essay “The Singer Solution to World Poverty,” philosopher Peter Singer addresses the issue of poverty by suggesting Americans give away most of their income to aid those in need.
What does Singer’s view imply about the charitable giving?
Australian philosopher Peter Singer says that where world poverty is concerned ‘giving to charity’ is neither charitable nor generous; it is no more than our duty and not giving would be wrong. Singer says we have a duty to reduce poverty and death simply because we can.

 

International trade models in Argentina and Salvador

International trade models in Argentina and Salvador

This is an assignment that focuses on the analysis on the international trade models in Argentina and Salvador. The paper consists of two separate reports and also required tasks.

The international trade models in Argentina and Salvador

Assume that you are an economic consultant hired by an international organization/government to provide your expert advice on conditions pertaining to international trade in Argentina and El Salvador. Your analysis will consist of two separate reports (one for Assignment 1 and the other for Assignment 2). As an expert, your job is two-fold:

1. Firstly, you are required to analyse any relevant issue using your technical skills. This involves utilizing your knowledge in international trade models as well as inspecting and interpreting data. 2. Secondly, you need to communicate your results in an effective way. The purpose of this exercise is to assess your aptitudes in each domain. You will evaluate the trading conditions in these countries (Argentina and El Salvador) based on the scenarios detailed in each question in this Assignment. Your analysis will form the basis for a short report to the international organization/government body— summarising your analysis and also the associated rationale.

II. DATA SOURCE For your data analysis, you first need to obtain data from the World Bank (see the link below) and follow the steps described below. Notice that World Bank regularly updates its database; therefore it is crucial to obtain all data as soon as possible. The data range is from 1998 to 2014. Additionally, you need to obtain the country-level data for Argentina and El Salvador on:

i. Imports of goods and services (in current US$) ii. Exports of goods and services (in current US$) iii. GDP (in current US$) iv. GDP per capita (in current US$) v. GINI Index (World Bank estimate) from the World Bank’s World Development Indicators:  (http://databank.worldbank.org/data/reports.aspx?source=world-development-indicators). [Note that if your browser (such as Chrome) does not open the web page, try a different browser (such as Internet Explorer)] Please DO NOT attach Excel files to the brief. The policy brief needs to be precise and short. Avoid unnecessary jargon. Your policy brief cannot exceed two pages

REQUIRED TASKS

Your tasks involve two dimensions. Firstly, you need to analyse the data (see Steps 1, 2 and 3 in the next section). Secondly, you need to perform a technical analysis by considering a hypothetical trading environment based on Ricardian model (see Step 4 in the next section).
Accordingly, you are to:
 Subsequently, provide information about how integrated these two countries (Argentina and El Salvador) are with the rest of the world. To do so, you need to look at their trade flows relative to their GDP and calculate openness.  Provide a visual representation of your findings by plotting a graph (use line graph) that shows the change in openness for these countries over the period between 1998 and 2014 (including all years, i.e., 1998, 1999, …, 2014).

Lastly, establish whether being integrated with the rest of the world helped these two countries by looking at the correlation between their openness and also GDP per capita.  Conjecture what would have happened if these countries were not open to trade with the rest of the world by evaluating a hypothetical scenario based on a simple Ricardian model.

Role of US and China in global economy pacesetting

Role of US and China in global economy pacesetting

This is an assignment that discusses the role of US and China in global economy pacesetting. The paper also requires writing of a conceptual paper.

The role of US and China in global economy pacesetting

OVERVIEW
The final project provides you with an opportunity to use work from previous papers and discussion forums in formulating your paper, but it will also require additional research. You are required to adhere to APA (American Psychological Association) style guidelines and to cite your sources. Do not copy tables or material and present it as your own. A feature of good academic writing is building on the work of others in presenting a new approach to a business issue.

Use databases such as EBSCOhost and ProQuest (available through the myEdison portal in the My Resources block). Also, online journals from the New Jersey State Library to conduct your research. (In order to access resources from the New Jersey State Library, you must first sign up for a free library card.)

The role of the United States and China are pacesetting in the global economy. Greater cooperation will be essential to support the robustness of both economies. As a way of approaching this challenge, the Ministry of Economy of China has invited you to present a seminar to its key staff to better understand the conceptual framework of microeconomics in the U.S. economy. The minister feels that if his staff is better able to understand the U.S. perspective on microeconomics. The two countries might be able to work in a more cooperative way in the global economy.

The role of US and China in global economy pacesetting

To do this means that you must prepare a conceptual briefing paper. On the basics of the U.S. economy that will prepare the minister’s staff for your insightful seminar to follow. Please remember that this is a preliminary briefing paper that will be used to prepare Ministry of Economy staff for the seminar; it is not the seminar itself. Your briefing paper should include the following:

Introduction:

Firstly, provide a brief focus statement about your paper and what the reader can expect.

Private, common, and public goods:

Secondly, provide a brief synopsis of the differences between private, common, and public goods, and the value of this difference to the economy.

Market structures and costs of productions:

Thirdly, define market structures and costs of production and how they operate in an economy.

Consumer behavior:

Fourthly, explain the significance of consumer behavior to the economy in terms of marginal utility, total utility, and diminishing utility on the economy.

Taxation, government intervention, supply and demand, and economic growth:

Also, discuss the relationship between taxation, government intervention, and supply and demand and its relationship to economic growth.

Opportunity costs and decision making:

Explain opportunity costs and their importance to decision making at both the individual and organizational level in the economy.

Conclusions and outcomes:

Lastly, provide a few concluding paragraphs about what your paper discussed and how it can be beneficial for better understanding microeconomics.