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20779 FDI and China This paper considers the effect of FDI and domestic investment on economic growth in China, considering the issue over time, and offering a review of literature on studies of the issue and on rationales for these studies, noting the effects of both kinds of investment and of government policies that encourage some regions and downgrade others, adding to economic inequality between provinces.
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20789 Hungarian Economy The Republic of Hungary is located in Central Europe, bordered by Slovakia, Romania, Austria, Croatia, Serbia, Ukraine, and Slovenia. As of October 2002, Hungary had a population of 10,181,000, with nearly one tenth of the population residing in the capital, Budapest. 68% of the population is Roman Catholic, and 20% is Calvinist Protestant. (?Hungary?)
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20801 Future of the Renminbi This paper discusses the way the Chinese renminbi is valued and calls for a revaluation by the United States and others, asking that the renminbi be allowed to float, while others believe the currency should remain pegged to the dollar and that to do otherwise would be dangerous to China and to countries dealing with China, though the issue is unsettled and it is believed that the current situation should be maintained for now.
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20820 GDP This paper considers the recent GDP figures as released by the Commerce Department and what the statistics may mean, including how they may be manifested next year in the way the economy will develop, considering especially what the GDP says about the American economy, how it affects the government, and what may happen based on GDP, consumer confidence, and employment figures.
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20849 The School Voucher Debate as Seen by Two Leading Economists This paper compares and contrasts the position of two leading economists of widely divergent backgrounds on school vouchers and public funding of education in general. Milton Friedman, a neo-classical economic liberal, puts forth the view that such funds should only go to for-profit schools, Nancy Folbre, a feminist economist, views public schools as a necessary adjunct to the "productive" work of child rearing and contends that vouchers would only undermine urgently needed public school reform.
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20852 Seasonalities and the January Effect in Stock markets; testing the January Effect in the Greek Stock market This paper will examine the concept of seasonality and January effect, to determine the validity of the notion that stock markets generally rise during the month of January, following heavy sales in December as investors seek to take advantage of tax loopholes, by getting rid of losing stocks in their investment portfolios. This study will test this hypothesis, with the Greek Stock Exchange in Athens. A few years ago, the stock market of Greece was a relatively small and under-investigated emerging market. Nevertheless, modernization and some other major reforms that have taken place the last 10 years resulted in the market obtaining more depth and width. In the last decade an increasing number of new companies were listed in the Athens Stock Exchange (ASE) in order to raise capital, and an increasing number of investors entered the market by investing in corporate stocks. These developments boosted the domestic and international investment interest for the Athens Stock Exchange (ASE), which is now expected to gain the characterization of a more developed market. This paper is to investigate whether there are certain stock price patterns and trends resulting from the seasonality or January effect.
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20937 Cost-Benefit This paper answers a series of questions about the costs and benefits of buying an incinerator for a town with a waste problem and also concerned about the possibility of pollution, noting the costs of the incinerators, the savings because alternative disposal methods can be used, and the among the people are willing to spend not to have higher pollution, making recommendations about what the city should do.
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