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Economic Analysis Of Price Determinants In Pharmaceutical Industry In United States, Vikas Singh
Economic Analysis Of Price Determinants In Pharmaceutical Industry In United States, Vikas Singh
Vikas Singh
Executive Summary: In recent years increase in spending for prescription drugs in US has outpaced spending in every other category of health expenditures. Expenditure on the prescription drugs in recent years has grown more rapidly then any other component of health care. National prescription drug spending rose by about 4 ½ (inflation adjusted rate of 14.5% since 1997) times from $40.3 billion in 1990 to $179.2 billion in 2003. Prescription drug expenditure growth galloping by about 17% per year is the fastest growing item in health care inflation. It accounted for 11% of total healthcare spending (which was only 5.8% …
The Economic Implications Of A North Korean Nuclear Test, Marcus Noland
The Economic Implications Of A North Korean Nuclear Test, Marcus Noland
Marcus Noland
This essay analyzes the economic implications that a North Korean nuclear test would have on Northeast Asia. Main Argument: A North Korean nuclear test would likely have a negative, though noncatastrophic, economic impact on the region: -South Korea would likely suffer from capital flight, consequent declines in asset prices and investment, and possibly a minor budgetary loss associated with existing investment guarantees to companies operating in North Korea. - Japan’s economy would also suffer from capital flight, asset price declines, and a reduction in investment. The most radical consequence, however, would be political: a nuclear test might strengthen Japanese attitudes …
Social Choice Theory Implications For Management Control Systems, David Randall Jenkins
Social Choice Theory Implications For Management Control Systems, David Randall Jenkins
David Randall Jenkins
This paper contributes a social choice theory competent context to managerial accounting. This context enables an economic progression framework that will ultimately drive performance measure content and, inter alia, contribute a meaningful standard for financial accounting's going concern assumption.