Inflation Essay Example | Topics and Well Written Essays - 500 words

Inflation - Essay Example There have been cases around the globe known as hyperinflation. Though there is no official definition for it, it is generally accepted as a 50% annual inflation rate. Ecuador suffered through a 96% inflation rate in 2000 ("Background Note: Ecuador"). This was caused by a weak economy, massive debt from El Nino in 1998, and a floating currency. The president was ousted in Jan. 2000 and caused a 75% spike in a one-month period. The new government restructured the debt, privatized state owned industries, and tied the currency to the US dollar. The following years saw lower rates and it had dropped to 1.9% in 2004 ("Background Note: Ecuador"). The war and economic hardships in the former Yugoslavia resulted in inflation rates in the period 1971-91 of 69 percent, with hyperinflation of more than 50 percent per month in 1989 (Hanke). According to experts, Slobodan Milosevic triggered the hyperinflation by granting $1.8 billion in unauthorized credits to Serbian-owned enterprises (Hanke). It was only brought under control when the war ended and a new government was installed. Though the UAE and Dubai have not seen these rates of inflation, it has been on the rise in recent years. It was 2.8% in 2002 and is estimated to hit 20% in 2006. That was up from 10.5% in 2005 ("United Arab Emirates"). The rate was 3.2% and 4.6% in 2003-2004.

Simon Property Group Essay Example | Topics and Well Written Essays - 1000 words

Simon Property Group - Essay Example People from different ethnic backgrounds are staying in the country. Domestic social environment of the country is very peaceful. Domestic environment related to technology is also very sound and modern in nature. The country sets benchmarks for other countries in the world. The country faces some problems related with corruptions and terrorism. Over all domestic environment of the country is very stable, modern, updated and suitable for investing money and doing business (Elizabeth, 2010). Commercial real estate industry in USA is on the recovery mode. From 2008 to 2010 the industry was severely damaged by global financial crisis. At that point of time graph of the industry was very down. Recently the industry is improving slightly. Traditionally big players in the industry were only focusing towards big cities like Boston, Los Angeles, Chicago, San Francisco, Washington and New York City. Now a day’s big players are shifting their focuses towards small cities also. Over the years the industry has faced lots of ups and downs. Unstable atmosphere was there in the industry. But with the time the industry has able to come back. People are investing into this industry. The industry has reordered an improved growth of 11% in the first quarter of 2014. For last 21 years Simon Property Group is there in the industry. The organization has controversy related to the payment of its CEO. The organization has negative attributes regarding patents. In 2011 the organization faced serious patent problems with North Mobile Tech Embroiled. Carpenter, Bauer and Erdogan has come up with an 8 phase rational decision making theory. According to this theory any decision can be made with the help of eight steps. In the first step of the theory identification of the problem is very much important. In the second step decision making criterion has to be fixed. In the third step all those criterions have to assign with different weigh. According to the theory