How Do Other Countries Devalue Their Currencies? This Article is About: Central Europe, East Europe, Business And MoneyCountries devalue their currencies only when they have no other way to correct past economic mistakes - whether their own or mistakes committed by their predecessors. The ills of a devaluation are ......
An Evaluation of the Devaluation This Article is About: Central Europe, East Europe, Buy CarsA Minister of Finance is morally right to lie about a forthcoming devaluation and a woman has the right to lie about her age. This is the common wisdom. Rumours about a devaluation of the Macedonia......
Going Bankrupt in the World This Article is About: Central Europe, East Europe, Business And MoneyIt all starts by defaulting on an obligation: Money owed to creditors or to suppliers is not paid on time, interest payments due on bank loans or on corporate bonds issued to the public are withheld.......
Phenomenon of Uninterrupted Economic Growth This Article is About: Central Europe, East Europe, Hong KongThe first reaction of economies in transition is a sharp decline in their production, mainly in industrial production. In the countries which attained independence with the demise of the British Empi......
Public Procurement and Very Private Benefits This Article is About: Central Europe, East Europe, Research FinanceIn every national budget, there is a part called "Public Procurement". This is the portion of the budget allocated to purchasing services and goods for the various ministries, authorities and other a......
Should VAT be Applied in Macedonia? This Article is About: Medical Treatment, Central Europe, East EuropeTo be justified, taxes should satisfy a few conditions: Above all, they should encourage economic activity by providing incentives to save and to invest. Savings - transformed into investments- enha......
Battling Society's Cancer: Unemployment This Article is About: Central Europe, East Europe, Money And FinanceThe official figures are staggering: 35% of the workforce - about 280,000 people - are unemployed and looking for a job. Each 1.43 employee support 1 unemployed person. In the USA the figure is 3.3 t......
Should the Government Compensate the Clients of TAT? This Article is About: Real Estate, Central Europe, East EuropeThis, of course, is a political decision. There is no "right" thing to do. Even the IMF imperatives are not sacred. Sometimes, inflationary goals should be sacrifice to avoid the total collapse of th......
"Bankers' Banks"- The Role of Central Banks in Banking Crises This Article is About: Real Estate, Central Europe, East EuropeCentral banks are relatively new inventions. An American President (Andrew Jackson) even cancelled its country's central bank in the nineteenth century because he did not think that it was very impor......
The Typology of Financial Scandals This Article is About: Real Estate, Central Europe, East EuropeTulipmania - this is the name coined for the first pyramid investment scheme in history. In 1634, tulip bulbs were traded in a special exchange in Amsterdam. People used these bulbs as means of exc......
The Greatest Stedilnica Crisis in History This Article is About: Real Estate, Central Europe, East EuropeA crisis the size of the TAT crisis, is, inevitably, political. It involves thousands of citizens, many decision makers from every walk of life and the very economic and financial fabric of the count......
To Tax or Not to Tax - This is the Question This Article is About: Central Europe, East Europe, Research FinanceTo tax or not to tax - this question could have never been asked twenty years ago. Historically, income tax is a novel invention. Still, it became so widespread and so socially accepted that no one......
The Sickly State of Public Hospitals This Article is About: Medical Service, Primary Care, Medical ProceduresThere are many types of hospitals but the most well known are the Public Hospitals. What sets them apart is that they provide services to the indigent (people without means) and to minorities. Histo......
Infrastructure and Prosperity This Article is About: Central Europe, East Europe, The EuroIn the past, if you mentioned the word "infrastructure", the verbal reflex would be: "physical". Infrastructure was roads, telephone lines, ports, airports and other very tangible country spanning th......
The Macedonian Economy This Article is About: Central Europe, East Europe, Money And FinanceA British politician, Richard Cobden once (1857) wrote: "Free Trade is God's diplomacy and there is no other certain way of uniting people in the bonds of peace" International, free trade is part......
Employee and Management Owned Firms This Article is About: Central Europe, East Europe, Business CapitalMargaret Thatcher started a world trend during her tenure as Prime Minister is Downing Street. It is called: Privatization. It consisted of the transfer of control of a state-owned enterprise to the ......
Why is the Macedonian Stock Exchange Unsuccessful? This Article is About: Central Europe, East Europe, Money And FinanceThe Macedonian Stock Exchange (MSE) is not operating successfully. True, some of the parameters which we use to measure the success of a stock exchange have lately improved in the MSE. For instance, ......
Small Businesses - Big Obstacles This Article is About: Central Europe, East Europe, Marketing ExpertEveryone is talking about small businesses. In 1993, when it was allowed, more than 90,000 new firms were registered by individuals. Now, less than three years later, official figures show that only ......
The Dismal Mind - Economics as a Pretension To Science This Article is About: Medical Doctor, Central Europe, East EuropeIt is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at. Ludwig von Mises I. INTRODUCTION ......
Why Am I Afraid to Sell? This Article is About: Relationship Marketing, Market Strategies, Marketing StrategiesRelationship marketing. It's the backbone of a successful online business. Fail to forge online relationships and your business will suffer. Simple enough concept, right? But what does "relation......
10 Scorching Ways To Heat Up Your Sales This Article is About: Cost Of Online Advertising, Online Ad, Business And Money1. Email each visitor a satisfaction questionnaire after they purchase. This will allow you to improve your order system, customer service, site, etc. 2. Give a percentage of your profits to a cause ......
Why Your Mutual Fund Doesn't Return as Much as You Think This Article is About: Make That Money, How Much Money Do You Make, We Make Money(ARA) - As tax time nears, many mutual fund investors are starting to wince. While most mutual funds' returns were down last year, their tax bill remains high. After years under-performing the S&P 50......
Successful Dot-Com Offers Strategies for Success Topic : Strategies for Business Success(ARA) - Lost amidst billions of dollars in squandered venture capital funding and endless reports from network anchors about the macabre state of e-commerce lies a seemingly overlooked fact: Not all ......
10 Amplifying Ways To Turn Up Your Sales Volume This Article is About: Marketing Plan, How To Start Business, Start Business1. Make your potential customers forget about the competition. Just tell them to forget with a factual and believable reason why they should. 2. Joint venture with your competition if you can't beat ......
10 Ways To Gain An Avalanche Of Sales This Article is About: How To Start Business, Start Business, Start Up Business1. Utilize holidays to increase your visitors or sales. You could give away free electronic greeting cards, hold discounts, send customers holiday cards, etc. 2. Become well known by speaking or chat......
