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
Making Your Workers Your Partners There is an inherent conflict between owners and managers of companies. The former want, for instance, to minimize costs - the latter to draw huge salaries as long as they are in power (who knows wha...... Similar Editorial : by Sue and Chuck DeFiore. | 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
History Of Previous European Currency Unions The Euro feels like a novelty - but it is not. It was preceded by quite a few Monetary Unions in Europe and outside it. To start with, countries such as the USA and the USSR are (or were in the lat...... Similar Editorial : by . | 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
Hedging Foreign Exchange Risks The exchange rate of the Macedonian Denar against the major hard currencies of the world has remained stable in the last few years. Because of the IMF restrictions, the local Narodna (Central) Bank d...... Similar Editorial : by Nicholas Tan. | Source : Cash Management
The Professions Of The Future Predicting the future is a tricky business. There have been countless ridiculous failures at identifying the trends and products which will determine the future shape of our life and our environment....... Similar Editorial : by Miami Phillips. | Source : Cash Management
The Demise Of The Dinosaur PTTs Telecommunications is the most important physical infrastructure in the modern world. It is more important than roads because it can replace them. It is more important than office buildings because i...... Similar Editorial : by Ulli G. Niemann. | 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
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