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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 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 appear like a pair of opening scissors. Historically, the phenomenon has most frequently taken the form of falling prices for agricultural produce and steady prices for industrial goods. Thus, the price scissors are most devastating to countries that are net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kimon Georgiev
Kimon Georgiev Stoyanov ( bg, Кимон Георгиев Стоянов; 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. Life and career Born in Pazardzhik, Georgiev graduated from the Sofia military academy in 1902. He participated in the Balkan Wars as a company commander and in the First World War as a commander of a battalion. In 1916 he lost an eye due to injuries received in action. He left the army in 1920 with the rank of lieutenant colonel. Georgiev was one of the founders of the Military Union in 1919 and the People's Alliance in 1922. He participated in the organization of the 1923 coup d'état and after that became one of the leaders of the Democratic Alliance. He was the minister for railways, postal service and telegraphs in the first cabinet of Andrey Lyapchev. In the 1930s he became one of the leaders of the right-wing military ''Zveno'' ('Link ... [...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 financial economics broadly concerned with 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 parit ... [...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 Bulgarian tsar Ivan Vladislav. 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 Иван, while in Belarusian and Ukrainian it is Іван. 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 ... [...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 H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominion Protectorates
The term ''Dominion'' is used to refer to one of several self-governing nations of the British Empire. "Dominion status" was first accorded to Canada, Australia, New Zealand, Newfoundland, South Africa, and the Irish Free State at the 1926 Imperial Conference through the Balfour Declaration of 1926, recognising Great Britain and the Dominions as "autonomous within the British Empire, equal in status, in no way subordinate one to another in any aspect of their domestic or external affairs, though united by a common allegiance to the Crown and freely associated as members of the British Commonwealth of Nations". Their full legislative independence was subsequently confirmed in the 1931 Statute of Westminster. Later India, Pakistan, and Ceylon (now Sri Lanka) also became dominions, for short periods of time. With the dissolution of the British Empire after World War II and the formation of the Commonwealth of Nations, it was decided that the term ''Commonwealth country'' should ... [...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 (since 1929 Yugoslavia) with the purpose of common defense against Hungarian revanchism 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 only Czechos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
League Of Nations
The League of Nations (french: link=no, Société des Nations ) 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 that ended the First World War. The main organization ceased operations on 20 April 1946 but many of its components were relocated into the new United Nations. The League's primary goals were stated in its Covenant. They included preventing wars through collective security and disarmament and settling international disputes through negotiation and arbitration. Its other concerns included labour conditions, just treatment of native inhabitants, human and drug trafficking, the arms trade, global health, prisoners of war, and protection of minorities in Europe. The Covenant of the League of Nations was signed on 28 June 1919 as Part I of the Treaty of Versailles, and it became effective together with the rest of the Treaty on 10 January 1920. T ... [...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 th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zveno
Zveno ( bg, Звено, lit=link), ''Politicheski krŭg "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 Macedonian liberation movement. ''Zveno'' was also closely linked to the so-called Military League, the organization behind a coup in 1923, responsible for killing Prime Minister Aleksandar Stamboliyski. In 1934, pro-''Zveno'' officers like Colonel Damyan Velchev and Colonel Kimon Georgiev seized power. Georgie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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