Owing to the difficulties of the moment, the concerned central banks and reserves (the Bank of England, the Federal Reserve, and European Central Bank) made efforts to contain the liquidity difficulties by providing essential liquidity. White (2009) indicates that the collapse of the stock market explosion in the late 1990s might have formed the foundation of the spiraled financial crisis that the majority of economies even in the advanced economies, are struggling to contain. The collapse of the stock market explosion may have led to the reduction of asset rates thereby creating a great demand for housing, hence increasing the housing market explosion. Accommodative financing followed and, hence led to the failure of financial markets that trickled from the advanced markets to the global arena (White, 2009).
America was whack by business scandals relating to and others, Enron in 2002. What followed was a growth in unemployment, but the government through congress enacted the Sarbanes-Oxley Act in order to prevent the occurrence of such as a scandal. Subsequent during the ten years, the United States was huge success by a level more prominent scandal, which culminated within 2008 economic crisis and therefore the collapse of banking institutions along with finance companies. Just as before, Congress approved the Dobb-Frank Behave for preventing the appearance of an equivalent scandal. This displays a style, in a way that in wake of any financial crises, Congress creates ordinances to prevent the reoccurrence for this emergency. But exactly how powerful or necessary are these restrictions, and they are they warranted or needless? This pieces of paper will research these restrictions and provide an impression on even if there needs to be much more or lesser number of laws dealing with business governance in the United States. Read more
From an economic point of view, shortages in energy sources have led to increase in the price of acquiring such energy sources. This is based on the principle of demand and supply. Consequently, the energy sources become unaffordable to most of the users and hence negatively affecting the standards of living. Shortages in energy sources have also led to political wrangles and conflicts. Countries have been forced to import oil even with the increasing prices. The use of some resources results in environmental pollution and related effects such as acid rain and weakening of the ozone layer. There have also been a lot of civil wars and strife as individuals or ethnicities fight over natural resources due to the benefits that accrue from ownership.
Photovoltaic solar panels and photo voltaic energy collector are being used in dynamic photovoltaic methods to take advantage of strength. Strength is a huge the general public situation at present which has earned significant amounts of consideration. Read more
The developing countries play a crucial role in building and maintaining the global financial system (Das, 2012; Didier, Hevia & Schmukler, 2010a; Fardoust, Kim & Sepúlveda, 2011). While in the past the role of these countries was insignificant, the recent changes to global economic systems and incidences of global financial crisis have exposed the extent to which the developing countries are indispensable in driving global economic development and stability agenda (Didier, Hevia & Schmukler, 2010b; Fardoust, Kim & Sepúlveda, 2011). The global economic landscape has been on a changing trend with developing countries accounting for half of global economic growth (Harrison & Sepúlveda, 2011). The global economic and financial crisis serves to highlight the role of developing countries in global economies. Read more
Energy management incorporates the techniques involved in ensuring users of any source of energy obtain it in a convenient manner. This means that the energy should be safe for use, affordable, and available. From an environmental point of view, energy shortages may arise if the present energy sources are mismanaged. This would mean depletion of sources for future use. This has especially been a concern for the non-renewable sources of energy such as natural gas, petroleum, and coal. Research has shown that by reducing unnecessary consumption and avoidable wastages, the rate of depletion of such energy source is reduced significantly. This results in conservation of non-renewable energy sources. Read more