economic recession with a surge in currency exchange rates or import and sell overseas brands, companies that operate internationally renowned chains are facing a crisis. As the exchange rate rose 40% or more, the royalties to the main office also rose more than 40%.
As a temporary measure for companies to withhold payment, and arrange plan and prolonged decline in the won, but it is concerned t
Nowadays, most people say world economy is recovering.
However, there are some doubts that whether the world economy
could fall into a double-dip recession or recovery.
1. What is?
‘Double-dip Recession’
A double-dip recession means that when the economy emerges from the recession with a short period of growth but quickly falls back into recession. It is called ‘W-shaped rece
agriculture, hotel, real estate, paper industry, power plant, public enterprise, resorts, golf fields, real estate managing and apartment lease, and placed in 60th and 64th among ‘500 International Chinese Corporations’ respectively. However, as Southeast Asian economy was hit by the economic crisis of 1997, most of the Chinese companies also got into deep recession.
3. Thailand
Luiz Inácio Lula da Silva born 27 October 1945, known popularly as Lula, served as the 35th President of Brazil from 2003 to 2011.
A founding member of the Workers' Party (PT – Partido dos Trabalhadores), he ran for President three times unsuccessfully, first in the 1989 election. Lula achieved victory in the 2002 election, and was inaugurated as President on 1 January 2003. In the
recession started before the current economic panic (Sununu, 2008, ¶2). That means their economic crisis is not because of the economy, it is because people don’t want their products anymore.
Eventually, the good companies and bad companies are recognized by their own abilities and qualities, and the American auto companies should not request any advantage from the government with the reason
1. Introduction
The word BRICs first appeared in 2003 by Goldman Sachs. It is consisted of Brazil, Russia, India, and China. These four countries were and still are receiving big attention as emerging economies from 1990’s. They commonly have huge territory, population and abundant underground resources. Among them, Russia recently held big sporting events such as World Championship in
ASSESSMENT
INSURANCE
Finance Exhaustion Possibility
INSTALLMENT
INSURANCE
(1955~)
Responsibility for One's Own
Market-oriented System
One Man One Account
Employee and Employer
Certain Percentage of Income
Decision Contribution for Income, Age, etc.
The initial law
1953(Provident Fund), 1955
The current law
2001(Provident Fund)
Provident
1. Introduction
In 1999, the euro was introduced with the interests and expectations of the people around the world. Euro gave a many economic, social benefits to euro using countries as expected . With Euro's social, economic, status rising, many countries wanted to join the eurozone. Euro using countries had risen to 17 countries from 12 countries in 14 years. But high euro’s status began t
Overall condition of non-Eurozone
Many people think Europe debt crisis raised only by Eurozone countries.
Hungary is not included country as Eurozone. But early 2012, Hungary faced a crisis.
Czech had high economy stability throughout Europe but now the value of money has declined.
Non-Eurozone countries are also getting hard times.
The countries wanting to join Eurozone are of two minds
1. Introduction
CHA Seung Kun and SUN Jia Xin
The project of this group is about changing consumption pattern of South Koreans which is shown in decreasing gold demand in South Korea. The price of gold has been rising all around the world because the demand for gold has risen around the world. However, compared to other countries, gold demand has been decreasing in South Korea.
In order t