Katrina: The Economic Impact of Natural Disasters Hurricane Katrina: The Economic Impact of Natural Disasters Timothy T. Boyd Embry-Riddle Aeronautical University Abstract Major natural disasters can do and have severe negative short-run economic impacts. Disasters also appear to have adverse longer-term consequences for economic growth‚ development‚ and poverty reductions. Natural disasters cause significant budgetary pressures‚ with both narrowly fiscal short-term impacts and wider
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DLSU Business & Economics Review 22.1 (2012)‚ pp. 119-128 An Economic Analysis of the Philippine Tourism Industry Krista Danielle Yu School of Economics‚ De La Salle University‚ Manila‚ Philippines krista.yu@dlsu.edu.ph The archipelagic nature of the Philippines‚ as well as its colonial heritage‚ offers a wealth of scenic views that invite both locals and foreigners to participate in tourism-related activities. According the Department of Tourism (2011)‚ the industry is one of the three
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The Economic Impact of the Olympic Games With the Olympic games being held in Sydney this year‚ I wondered if perhaps the performance of the economy was being affected in part by the fiscal stimulus provided by Olympic construction in Sydney and other parts of the country. Australia’s economy has been performing well recently‚ suggesting that there might be some effect. Over the last five years‚ growth in Australia’s gross domestic product has averaged 4.35%‚ almost a full point above it’s thirty
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SECTION 2. OPERATION 2.1 INTRODUCTION The KFC Programmable Controller has two fundamental modes of operation: cook and program. In the cook mode the melt‚ stand-by‚ heat‚ and timer functions are active. In program‚ these modes are set by the operator. Melt Indicator - The display will read “LO” when the control is in the automatic melt mode. If the temperature of the shortening is below 185º the control will enter the melt mode. When the temperature of the shortening reaches 185º hte control will
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ECONOMIC IMPACT OF LEGALIZING MARIJUANA GWENDOLYN CARTER PRINCIPLES OF MACROECONOMICS 4/21/2015 The history of marijuana and how it became illegal is interesting. In 1970 the United States Congress passed legislation called the Controlled Substance Act‚ which listed marijuana as a Schedule I drug. This is the same category that LSD‚ cocaine‚ heroin and ecstasty and are described according to DEA drug schedules‚ as having no currently accepted medical use and a high potential for abuse
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THE ECONOMIC IMPACT OF THE HORSE INDUSTRY by MARIA A. CERASI submitted to Mr. Henry Ryder PRINCIPLES OF ECONOMICS II GLOUCESTER COUNTY COLLEGE APRIL 2012 People often view the equine industry as nothing more than simply an expensive hobby. However‚ in actuality it is far more than just that. The horse industry has an enormous impact on the United States economy
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Planning Florin Andrei Stancu ID: 20698 KFC Case Study Introduction KFC (Kentucky Fried Chicken) is one of the most popular and widely spread fast food chain spread across various countries. KFC has established in market as a specialist in fried chicken. Headquartered in Louisville‚ Kentucky‚ US‚ KFC today is world’s second largest fast food chain after McDonalds with presence in several countries. As of December 2012‚ KFC had more than 18‚000 outlets spread across
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c Impact Manchester United’s Economic Impact By Dalton Truax For Mike Pearson Sports Marketing & Management 28 February 2013 Introduction Manchester United is the most valuable sports club to exist so surely the club must make the city a lot of money every year‚ right? Soccer is the most popular sport in the world‚ and the most popular soccer club in the world is Manchester United. There is no denial that Manchester United has had a huge cultural impact as
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The source is referring to the negative impact of economic globalization. Economic globalization is the increase economic integration and interdependence among national‚ regional and local economies across the world. This is caused by the process of importing/exporting of goods and services between countries resulting in more capital and job opportunities. The idea of economic globalization arose from many world events which shaped the economic‚ social and political landscapes of numerous countries
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The Economic Impact of European Integration Nearly half of the century ago we couldn’t imagine Europe as it is right now. At the time it seemed to be utopia for some idealists. Nevertheless‚ there were some talks on the “United States of Europe”. However‚ no one could dream about the European Union. Last decades have shown us how far countries can give up their own interests in order to withstand as one unity. The EU as we know now is an ambiguous system that doesn’t fall neither for state structure
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