The free market economy is when there are intentional interactions that take place in a prearranged financially viable atmosphere. Such markets are branded by a spur-of-the-moment as well as a decentralized command of engagements through which persons formulate financial verdicts. The nature of a free market is solely dependent on...

The 2007-2008 financial crisis is rightly considered as one of the most devastating and yet confusing economic hurdles facing the world in the 21st century. It is claimed to have been attributed to the enormously misbalanced real estate markets, coupled with the debt bubbles that undermined the stability of the...

The region of the Asia Pacific has become renowned as one of the most dynamic and diverse energy markets on the planet (Hong, Lugg, 2010). It is to be expected that countries existing in the region will proceed in to a multitude of directions in the future; specifically, both maturing...

Cultural differences have the ability to affect multinational businesses from one region to the other. While some businesses may thrive in low-income regions, others may find it hard to earn enough revenue to cover their fixed costs. Therefore, any investors seeking to expand their businesses must understand the cultural factors...

In Aslund’s Russia’s Capitalist Revolution, the author wrote at length about the reasons why Russia underwent reform of its economic system but did not become a democracy in the traditional sense as understood by the Western world. The author took on this question in part because of the belief among...