The economic sector is comparative at the governmental and private level. At the private level, firms strive to outdo each other with the aim of gaining competitive advantage. Equally, countries compete at the international level with the intention of enhancing economic stability. Therefore, this quest for economic supremacy at the...

Containerization is a mode of transport that uses intermodal containers to transport goods. The mode of transport uses standardized containers to suit consumer’s needs. Modern shipping of containers is also the intermodal means of transportation. The transport mode is also an efficient one when it comes to goods delivery. Containerization...

The Spanish mercantile experience following the exploration of the Americas is a case study in the social and political consequences of economic choices. Because they were focused almost exclusively on mining (and gold, in particular), the Spanish did not develop an agricultural base that they might have leveraged to long-term...

The article by Paul Krugman presents the author’s insight into what might be one of typical problems of undergraduate education, namely the introductory courses for non-specialists. These courses usually provide not much actual knowledge; due to the physical limitations of the format, the students are only able to barely get...

IntroductionThe nation of Belgium is renowned for its high level of economic prosperity and entrepreneurship, which encourages the extensive influx of private capital in and out of the country. Despite the Global Financial Crisis of 2008/2009, Belgium has been able to withstand significant economic downturns and be able to support...