Introduction: Ireland, in spite of carrying several disadvantages compared to its more prosperous neighbours is finally on the ascendancy. While the European Union as whole goes through similar fortunes and the vagaries of economic development is similar across the region, Ireland seems an exception to this rule. If the Foreign Direct Investment is taken as…
Category: Economics
How have Germany’s relations with the EC/EU changed since unification?
The unification of Germany following the fall of the Berlin Wall is a significant event in the reshaping of modern Europe. Without the considerations of Cold War affiliations, the European Union as a group of nations had gained significantly as a result of the economic consolidation. The domestic and foreign policies of the German governments…
The discourse of Class Inequality in The Discontented by Leila Abouzeid
In the short story by Leila Abouzeid, the author narrates an exchange of views between two cousins – one a high placed officer and the other a poor worker. The author uses the social backdrop of Morocco to present her story. The story captures the inequalities evident between the affluent and the deprived sections of…
Issues Related to Labor Force in Dubai
One significant problem relating to Dubai’s work force over the last 12 months has been with retaining skilled nationals. The strategy usually referred to as Emiratisation, was designed so as to prevent talented nationals from leaving the country for better opportunities abroad. This is not a recent development by any means. For long, a vast…
Music Piracy and Digital Rights Management (DRM)
IT professionals require an awareness of the business, economic, legal and social issues of Computing Technology in the modern world. Before we delve into the reasons for Digital Rights Management’s disapproval let us overview the case in support of it. The case for enterprise DRM is synonymous with the case for a well-articulated, role-based technology…
Indian Economy
The Indian economy has been growing at a phenomenal rate over the last few years. It is expected to maintain that rate in the near future too, which would make it an economic superpower in its own right. While this turnaround in India’s economy is a source of celebration for the world community, there are…
Differences between free-market and interventionist approaches to employee relations in the UK
The recognition that the free trade system needs to be balanced by a legislative framework came from Tony Blair in a recent World Bank meeting in Prague. The prime minister emphasized the raising of labour and animal welfare standards. He also expressed concerns for employer’s attitude towards worker and environmental health. The fact that around…
Credit Derivatives : financial impact on the UK and America
Cycles of economic boom and bust are regular features of market economies. The global recession that set in during 2008 is the most recent episode of this phenomenon and is likely to be repeated in the future as well. Although the scale and magnitude of these crises have somewhat reduced in the period after the…