.... reason for the persistent gap in the unemployment rates of Canada and the U.S., but rather a combination of the above factors. "No society can be flourishing and happy, of which the far greater part of the members are poor and miserable." (Adam Smith) This is the theory behind the creation of social services such as unemployment insurance and welfare payments in many countries. The Canadian government provides a substantial "social safety net" for its population. At first, this seems like a fair and proper thing to do, as it is in the best interests of society as a whole. However, when .....

.... system. The private sector carries huge debt because of the crisis. Andrew Maule a banking analyst at ABN Amro Asia Securities states, "It's quite realistic to assume that non-performing loans will hit 50 percent. Ultimately there will have to be a bailout." 1 The banks are looking at the government to bail them out but as of December 30, 1998 no banks had requested government aid. At the beginning of the crisis in July, the baht was at B25.90/US$ and is currently at B36.90/US$ signifying a decrease of 29.81%. Malaysia In July of 1997, the Malaysian ringgit was at MR2.5200/US$. Curre .....

.... short trips between airports not served by the nationals. Deregulation of the airline industry brought about in 1978 introduced a situation in which the national and regional carriers were suddenly able to compete in an environment that resembled a free market. Rate schedules were lifted, price fixing was eliminated and route management was removed. The main factors that affected whether an airline could serve a particular city was whether or not that city had enough gates for the new carrier, and whether the carrier was able to afford to purchase them. Companies such as Southwest reco .....

.... the numbers to you. First you will have a symbol; this is just an abbreviation of its name. Next is the 5-Year high and low; this will tell you the highest and lowest that the stock has been in the last five years. The P-E ratio is just a simple price to earnings ratio, saying that you spend and receive this much. Sales 100's are how many of the stock was traded in 100's. So 12 would be 12 x 100 = 1200. Next you have the Weakly high and low, again, which is just a high and low price for the week. Last is the price that it ended at the day before, and change is how much it change .....

.... worth so much. In China, the largest crime which is currently occurring is intellectual piracy. Unlike the pirates of old who plundered the merchant vessels and ports of the South China Sea, modern day pirates are more interested in illegal replication of intellectual rights. From music compact discs to computer software to films to best selling novels, The Chinese black market is a virtual warehouse of "plundered goods". It is estimated that there are at least thirty illegal high tech factories in China that can churn out over 20,000 optical discs a day. America's Microsoft estimates th .....

.... organisation which involves everybody in quality improvement. Everyone in the company can affect quality but must first realise this factor and have the techniques and tools which are appropriate for improving quality. Thus TQM includes the marketing and dissemination of quality and methods not only within the organisation and customers but also to suppliers and other partners. The general view to achieve success in TQM could be summarised as below: Quality as strength Quality in all processes The importance of management The involvement, commitment and responsibility of everybo .....

.... Thus, the only option central banks have is to allow exchange rates to float freely. The European Monetary System, which virtually collapsed in 1993, was an attempt to fix exchange rates within certain tight bands, to coordinate monetary policy between member nations and to have central banks intervene to keep exchange rates within the bands when necessary. The reasons for the collapse were myriad, but, simply put, it happened because Germany, dealing with financial problems in part arising from its reunification, refused to lower its high interest rates. This meant other European cou .....

.... a place of work is not exactly a democracy, it is true to an extent. The rights of American citizens include something called probable cause. In the United States Constitution, it is stated that no one shall have their privacy invaded without a warrant issued by a law official. Some argue that by being forced to take drug tests they are denied this right. However, staying at a job that makes its employees take random drug tests is completely voluntary. Since the drug market didn't really erupt until the early nineteen sixties, drug tests weren't used very oft until that time. With the .....

.... for a stock reflects its actual underlying value, financial managers cannot time stock and bond sales to take advantage of "insider" information, sales of stocks and bonds will not depress prices, and companies cannot "cook the books" to artificially manipulate stock and bond prices. However, information technology and market dynamics are based upon the workings of ordinary people and diverse organizations, neither of which are arguably efficient nor consistent. Therefore, we have the basic contradiction of EMT: How can a theory based on objective mechanical efficiency hold up when appl .....

.... 1969, in Santa Barbara. This may have been a long time ago but this was a disaster this country has never seen. On the 28 a well burst on the Santa Barbara Channel. It "raged for ten days and killed 3 crewmen".(Easton,10) There were major problems stopping this rig and no matter what happened there was already enough damage done. On February 23, the well erupted again. The environmental consequences were evident. As the oil spilled down towards the south the numbers were staggering of how much oil actually was pouring out into the ocean. By the month of march 3,000,000 gallons of oi .....