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Price Scissors
"Price scissors" refers to an economic phenomenon when for a certain group or sector of productive population, the overall valuation from their production for sale outside this group drops below the valuation of the demand of this group for goods produced outside the group after a period of reasonable equilibrium. A typical example is when changing world price levels cause a country’s exports An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ... to plummet in value, while the valuation of its imports remains relatively stable. This phenomenon draws its name from a graphical illustration of its effects over time. Plotting time on a horizontal axis against price level on a vertical axis, with agricultural prices and industrial prices shown in two separate curves, the graph should appe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Scissors Effect 1922-23
A price is the (usually not negative) quantity of payment or compensation expected, required, or given by one party to another in return for goods or services. In some situations, especially when the product is a service rather than a physical good, the price for the service may be called something else such as "rent" or "tuition". Prices are influenced by production costs, supply of the desired product, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions. Price can be quoted in currency, quantities of goods or vouchers. * In modern economies, prices are generally expressed in units of some form of currency. (More specifically, for raw materials they are expressed as currency per unit weight, e.g. euros per kilogram or Rands per KG.) * Although prices could be quoted as quantities of other goods or services, this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of vouchers such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kimon Georgiev
Kimon Georgiev Stoyanov (; August 11, 1882 – September 28, 1969) was a Bulgarian general who was the Prime Minister of the Kingdom of Bulgaria from 1934 to 1935 and again from 1944 to 1946. He was considered a "master in the art of coup d'etats." Early life Early life and education Kimon Georgiev Stoyanov was born on 11 August 1882 in the town of Tatar Pazardzhik,Tashev 1999, p. 115-117 then part of Eastern Rumelia, into a middle-class family. He was nicknamed "The Greek" because his mother was of Greek descent. His paternal grandfather, called Stoyan Balkachiyata, moved to the town from the village of Debrashtitsa in the early 19th century. His father was Georgi Stoyanov Krustyov, born around 1848. His maternal grandfather was Todor Bogdanov, who came to Pazardzhik from the village of Kalugerovo. His mother was Maria Bogdanova-Abadzhieva, born around 1858. He had an older brother and sister, so he was the youngest child in his family. At the time, his father died of tub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macroeconomic Problems
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output/GDP (gross domestic product) and national income, unemployment (including unemployment rates), price indices and inflation, consumption, saving, investment, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The focus of macroeconomics is often on a country (or larger entities like the whole world) and how its markets interact to produce large-scale phenomena that economists refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or demand are to blame for price increases in the oil and automotive sectors. From introductory classes in "principles of economics" through doctoral studies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Macroeconomics
International finance (also referred to as international monetary economics or international macroeconomics) is the branch of monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade. Sometimes referred to as multinational finance, international finance is additionally concerned with matters of international financial management. Investors and multinational corporations must assess and manage international risks such as political risk and foreign exchange risk, including transaction exposure, economic exposure, and translation exposure. Some examples of key concepts within international finance are the Mundell–Fleming model, the optimum currency area theory, purchasing power parity, interest rate parity, and the international Fisher effe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iván T
Ivan () is a Slavic male given name, connected with the variant of the Greek name (English: John) from Hebrew meaning 'God is gracious'. It is associated worldwide with Slavic countries. The earliest person known to bear the name was the Bulgarian Saint Ivan of Rila. It is very popular in Russia, Ukraine, Croatia, Serbia, Bosnia and Herzegovina, Slovenia, Bulgaria, Belarus, North Macedonia, and Montenegro and has also become more popular in Romance-speaking countries since the 20th century. Etymology Ivan is the common Slavic Latin spelling, while Cyrillic spelling is two-fold: in Bulgarian, Russian, Macedonian, Serbian and Montenegrin it is , while in Belarusian and Ukrainian it is . The Old Church Slavonic (or Old Cyrillic) spelling is . It is the Slavic relative of the Latin name , corresponding to English ''John''. This Slavic version of the name originates from New Testament Greek (''Iōánnēs'') rather than from the Latin . The Greek name is in turn deriv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steven Morewood
Steven Morewood FRHistS is Senior Lecturer of International History in the School of Historical Studies at the University of Birmingham. He has been elected a FRHistS. After a degree, his first teaching post was as lecturer of Social and Economic History at the University of Leicester. From there a PhD followed at University of Bristol in 1985 under the external examiner Esmonde Robertson, a founder of the subject area at the London School of Economics. He published his first book, Pioneers and Inheritors in 1990, which was quickly followed by a co-written history of Eastern Europe. He followed by a contribution to the edited collection of essays in 1995 ''The Chiefs of Staff and men on the spot''. Previously a lecturer at the University of Leicester and the University of Manchester, he has supervised both PhD and postgraduate MPhil courses on Modern Eastern Mediterranean History. He is currently in 2016, the external examiner for students of history at the University of Hul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominion
A dominion was any of several largely self-governance, self-governing countries of the British Empire, once known collectively as the ''British Commonwealth of Nations''. Progressing from colonies, their degrees of self-governing colony, colonial self-governance increased (and, in some cases, decreased) unevenly over the late 19th century through the 1930s. Vestiges of empire lasted in some dominions well into the late 20th century. With the evolution of the British Empire following the 1945 conclusion of the Second World War into the modern Commonwealth of Nations (after which the former Dominions were often referred to as the ''Old Commonwealth''), finalised in 1949, the dominions became independent states, either as republics in the Commonwealth of Nations, Commonwealth republics or Commonwealth realms. In 1925, the government of the United Kingdom created the Secretary of State for Dominion Affairs, Dominions Office from the Colonial Office, although for the next five yea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Little Entente
The Little Entente was an alliance formed in 1920 and 1921 by Czechoslovakia, Romania and the Kingdom of Serbs, Croats and Slovenes (Yugoslavia from 1929 on) with the purpose of common defense against Hungarian revisionism and the prospect of a Habsburg restoration in Austria or Hungary. France supported the alliance by signing treaties with each member country. The rapid growth of German power caused its collapse in 1938, and it never went into wartime operation. Origins The first attempts seeking a mutual defense of the successor states of Austria-Hungary took place during the Paris Peace Conference of 1919. The most remarkable and ardent proponent of the certain alliance binding the successor states was Edvard Beneš, the foreign minister of Czechoslovakia from 1918 to 1935. Beneš played such a crucial role in establishing the Little Entente that he was regarded as its real founder. It also clearly reflected his belief in the necessity to develop democracy in not onl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
League Of Nations
The League of Nations (LN or LoN; , SdN) was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. It was founded on 10 January 1920 by the Paris Peace Conference (1919–1920), Paris Peace Conference that ended the World War I, First World War. The main organisation ceased operations on 18 April 1946 when many of its components were relocated into the new United Nations (UN) which was created in the aftermath of the World War II, Second World War. As the template for modern global governance, the League profoundly shaped the modern world. The League's primary goals were stated in its Covenant of the League of Nations, eponymous Covenant. They included preventing wars through collective security and Arms control, disarmament and settling international disputes through negotiation and arbitration. Its other concerns included labour conditions, just treatment of native inhabitants, Human trafficking, human and Illegal drug tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gyula Gömbös
Gyula Gömbös de Jákfa (26 December 1886 – 6 October 1936) was a Hungarian military officer and politician who served as Prime Minister of Hungary from 1 October 1932 to his death. Background Gömbös was born in Murga, Tolna County, Kingdom of Hungary, which had a mixed Hungarian and ethnic German population. He was the son of Gyula Gömbös de Jákfa (1858–1921), a member of untitled Hungarian nobility and Maria Weitzel (b.1867). His father was the village schoolmaster. The family belonged to the Hungarian Evangelical (i. e. Lutheran) Church. Gömbös entered the Austro-Hungarian Army as a cadet in Pécs and quickly became a member of the officer corps, serving as a captain during World War I. In the army, Gömbös became a staunch advocate of Hungary's gaining independence from Austria and a bitter critic of the Habsburgs. After World War I ended, and Hungary split from Austria, Gömbös joined conservative Hungarian forces in Szeged that were unwilling to support ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zveno
Zveno (), ''Politicheski krag "Zveno"'', officially Political Circle "Zveno" was a Bulgarian political organization, founded in 1930 by Bulgarian politicians, intellectuals and Bulgarian Army officers. It was associated with a newspaper of that name. As a palingenetic nationalist movement, ''Zveno'' advocated for rationalization of Bulgaria's economic and political institutions under a dictatorship that would be independent from both the Soviet Union and the Axis powers. They strongly opposed the Bulgarian party system, which they saw as dysfunctional, and the terror of the Internal Macedonian Revolutionary Organization (IMRO), the Bulgarian Macedonians' liberation movement. ''Zveno'' was also closely linked to the so-called Military League, the organization behind a 1923 Bulgarian coup d'état, coup in 1923, responsible for killing List of Prime Ministers of Bulgaria, Prime Minister Aleksandar Stamboliyski. In 1934, pro-''Zveno'' officers like Colonel Damyan Velchev and Colo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
