Market Impeders And Market Inefficiencies Even the most devout proponents of free marketry and hidden hand theories acknowledge the existence of market failures, market imperfections and inefficiencies in the allocation of economic resources...... Similar Editorial : by David Leonhardt. | Source : Cash Management
The Inferno Of The Finance Director Sometimes, I harbour a suspicion that Dante was a Financial Director. His famous work, "The Inferno", is such an accurate description of the job that it cannot be otherwise. He is fervently hated by ...... Similar Editorial : by Thomas Cutler. | Source : Cash Management
The Blessings Of The Black Economy Some call it the "unofficial" or "informal" economy, others call it the "grey economy" but the old name fits it best: the "black economy". In the USA "black" means "profitable, healthy" and this is w...... Similar Editorial : by Gerri D Smith. | Source : Cash Management
To Grow Out Of Unemployment There is a connection between economic growth and unemployment. There is a connection between growth and inflation. Therefore, commonsense (and financial theory) goes, there must be a connection betw...... Similar Editorial : by Richa Sinha. | Source : Cash Management
Liquidity Or Liquidation Large parts of the world today suffer from a severe liquidity crisis. The famed globalization of the capital markets seems to confine itself, ever more, to the richer parts, the more liquid exchanges...... Similar Editorial : by John Parker. | Source : Cash Management
The Value Of Stocks Of A Company The debate rages all over Eastern and Central Europe, in countries in transition as well as in Western Europe. It raged in Britain during the 80s: Is privatization really the robbery in disguise of s...... Similar Editorial : by Markus Heitkoetter. | Source : Cash Management
Workaholism, Leisure And Pleasure The official working week is being reduced to 35 hours a week. In most countries in the world, it is limited to 45 hours a week. The trend during the last century seems to be unequivocal: less work, ...... Similar Editorial : by Sam Vaknin. | Source : Cash Management
Competition Laws A. THE PHILOSOPHY OF COMPETITION The aims of competition (anti-trust) laws are to ensure that consumers pay the lowest possible price (=the most efficient price) coupled with the highest quality of...... Similar Editorial : by Peter Wallander. | Source : Cash Management
The Delicate Art Of Balancing The Budget Government budgets represent between 25% and 50% of he Gross Domestic Product (GDP), depending on the country. The members of the European Union (Germany, France) and the Scandinavian countries repre...... Similar Editorial : by Jakob Jelling. | Source : Cash Management
How Do Other Countries Devalue Their Currencies? Countries devalue their currencies only when they have no other way to correct past economic mistakes - whether their own or mistakes committed by their predecessors. The ills of a devaluation are ...... Similar Editorial : by Kelly Price. | Source : Managing Money
An Evaluation Of The Devaluation A Minister of Finance is morally right to lie about a forthcoming devaluation and a woman has the right to lie about her age. This is the common wisdom. Rumours about a devaluation of the Macedonia...... Similar Editorial : by Luiz Gustavo Arruda. | Source : Managing Money
Going Bankrupt In The World It all starts by defaulting on an obligation: Money owed to creditors or to suppliers is not paid on time, interest payments due on bank loans or on corporate bonds issued to the public are withheld....... Similar Editorial : by Liron Rose. | Source : Managing Money
Public Procurement And Very Private Benefits In every national budget, there is a part called "Public Procurement". This is the portion of the budget allocated to purchasing services and goods for the various ministries, authorities and other a...... Similar Editorial : by Thomas R. Cutler. | Source : Managing Money
