Teropitka Business and Finance

Posts Tagged ‘economy’

Operatives is the name generally receive economic associations, founded on the principle of mutualidad.-The name, however, inappropriate and redundant, because cooperation is not something unique to these partnerships, but the basis and purpose of all kinds of companies.

The most interesting of the cooperative societies are the production. With them, the workers are entrepreneurs in any industry, obtaining the capital needed through individual contributions and savings, credit or who manage to inspire with its productive capacity.

These partnerships, which aim to turn the worker into a capitalist and replace salary with dividends, socialists have nothing in themselves, but once they have been given this character, and deserve the applause and the support of all men goodwill, whatever their economic ideas. Unfortunately the creation of these companies are big obstacles, there are industries that resist its application by the nature of operations, and the amount of items they need, the precarious situation of the workers makes them very difficult for the accumulation of capital and obtaining credit. And its low culture is no less significant a drawback for the company management and maintenance of relationships to be based primarily on the conviction and discretion, but these difficulties are not insurmountable facts teach us that can be mastered and the triumphs achieved by the associated workers in England, Germany and France allow trust the future of production cooperatives and nourish the hope that they will contribute mightily to solve interesting economic and social issues.

The harmonic finally that, within the industrial school, perhaps the trend is more in line with the thinking of Adam Smith, recognized the economic simultaneity of individual and collective purpose, not as contradictory but as a necessary consequence of personality sociability and human interests is not reconciled themselves that the competition can lead to serious evils and create necessary to remedy the principle of interest is subordinated to the good that economic activity is inspired by the ideas of duty and justice: this system does not want the state to direct the production, nor change, nor the consumption of wealth, but also keeps you from it altogether or reduce it to a purely negative, because it believes should found on all walks of life and called on them to exercise some initiative, and inspection powers and encouragement. These doctrines, taking the principle of individualism, freedom and the organization of socialism, trying to do for one another have been launched in Germany by some professors of economics who are called Katheder-Socialistes (socialist in the chair) and between us have been exposed by Mr. Giner, Azcarate and Buylla.

Such addresses are vying for the dominance of economics. Individualists deny the partisans of socialism to the condition of economists and are treated by them with such disdain, but the harmonic school, avoiding all exclusiveness, listen carefully to each other, research carefree and seems to be on track to be the Economy on new and stronger bases. (V. Individualism , Socialism and Socialism of the Chair )

One of the most important factors that could explain the above trend is because economic and political adjustment process (economic and political adjustment) does not take place smoothly and naturally. Suharto-style state-assisted capitalism’ve obviously merapuhkan damage and economic order. Indeed, on one side of economic growth that has generated quite high, but the resulting excess of the edges are actually counter productive for sustainable growth.

Third, a very corrupt regime has made the joints of the economy experiencing fragility. In general, all forms of corruption will result in the allocation of economic resources leads to activities that are not productive and does not provide optimum results. Under these conditions of economic growth is very likely continue, even at relatively high intensity. However, to some extent bound to lead to weakening growth base.

Furthermore, corrupt practices are slowly but surely C C has been destructive to the economic and political decay caused by the behavior of rulers, the political elite, and the bureaucracy. The situation worsened when the ranks of the armed forces and law enforcement officials also appeared to also be dragged into a network of corrupt practices that.

The destruction of the credibility of the government coupled with a high level of uncertainty that has caused the erosion of confidence (trust). What happened today is not just fading the public trust towards the government and vice versa, but also between foreign parties and the government, and among community groups.

In the midst of global economic dynamics are constantly changing with the increasingly high acceleration as described above, Indonesia has experienced the intensity of exposure to hurricane crisis has reached the state of the economy almost to bankruptcy.

The economic crisis – triggered by the monetary crisis – some time ago, at least have given a strong indication of three things. First, the credibility of the government has reached the nadir point. The main cause is due to the steps taken by the government in crisis merenspons far more to be “stitch-up”, ad-hoc, and tend to resort to spinning.

In addition, the entire resources of this country devoted entirely to save the modern sector from the point of destruction. Meanwhile, the traditional sector, informal sector, and people’s economy, which also has a presence in this country seemed to be forgotten from the discourse of economic rescue that was echoed.

Second, the New Order regime that always focuses on growth (growth) economy has resulted in crony capitalism that has made a very fragile economic structure of the external upheavals. Manufacturing industry could be proud of it was heavily dependent on imported raw materials and has no durability. Meanwhile, due to “dianak-tirikan”, the agricultural sector was also still not mature as the support of the rate of industrialization. What then happens is the pace of industrialization through a series of policies that tend to harm the agricultural sector. As a result, the agricultural sector is growing at a healthy unable to respond to changes in consumption patterns of society and strengthen the competitive advantage of Indonesia’s export products.

The whole world has been overwhelmed by the financial crisis (global economic crisis), all the countries in the world both developed and developing countries have been trapped in a very complex difficulties. Some countries that previously enjoyed strong economic conditions that have sophisticated technology in terms of science, food, weapons, drugs destroyed perekonomiannnya visible. The fact of the matter is that the economies of these countries supported by policies that are very fragile which causes collapse affected by global economic crisis.

The global financial crisis which led to decrease drastically the performance of the world economy in 2008 is predicted to continue, will even increase in intensity in 2009. Slowing world economic growth, besides causing global trade volume in 2009 dropped sharply, also will have an impact on the number of large industries that go bankrupt, the decline in production capacity, and the surge in unemployment over the world. For developing countries and emerging markets, this situation could damage economic fundamentals, and triggered the economic crisis.

Concerns over the negative impact of the global economic downturn on the economy in countries with emerging markets and the phenomenon of flight to quality from global investors in the midst of today’s world financial crisis, has put pressure on currencies around the world, including Indonesia and the United States dollar drain liquidity in the market Domestic many countries. This led to the forex markets in developed countries and developing countries tend to be volatile amid uncertainty increases.

Through these points, have the facility to plan your spending, deal with contingencies that are submitted, meet their financial goals and save, so you can have peace of mind for you and your family.

1 .- Check your heritage. Subtract all the properties total of what you do not have or what you owe. This operation will result in an amount of money, which could be your family balance. Perform this exercise every month to determine if the actions you are taking are the right ones to improve their personal and family economy.

2 .- Learn to organize. Be aware that the main thing is to pay its debts ((see here fast payment plan debt), rather than pretend to save money.

If at this point is a debt that charges you a low interest, analyze and if your financial plan allows, is probably not necessary to pay all this in order not capitalized and able to allocate these funds to other priorities such as the save. Decide what issues have higher priority, which are closer to achieve and fulfill that best suits.

3 .- If possible, try not to spend the money they raise or receive additional way, for example, paid him money that paid a bonus for productivity, profit sharing, overtime, bonuses, etc. . Best save it!.

4 .- Book a portion of their money for emergencies. It is very important to have some money available to cover emergencies such as medical care for a family member, preferably, ensure that this money is invested in a bank account that is safe and who may use the money in a suitable time and bear interest above inflation. If you use this money only for emergencies and contingencies, will help you avoid making “money saved” in “cash for emergencies.”

5 .- Consider investing your money in a safe. If you consistently intended as part of your monthly expenses, quarterly or six-certain amount of money to keep protected your home, family health, car, and your most valuable belongings, to the time when unfortunate events occur and that covers your insurance, will not be in financial straits. Update your policies at the right time, consider that the inevitable are the few things that are not planned and can damage its economy and financial plans.

6 .- Use your credit card properly, try not to use much his or her credit cards, remember they are for the unexpected or exploit any opportunity that is offered them. Keep only the needed and use them sparingly.

Click here to learn more about the proper use of your card and how you can save and gain by it.

7 .- If you do not deposit their salaries in a payroll bank account, open a savings account or checking account, depositing your salary and organize your money through your account, and not spend it all at once and it can manage the best way.

8 .- Take into account and consider all possible sources of income and if you can find new ones, for example, contemplate the possibility of starting a new business, to sell what you no longer use and even calculate the amount of your pension.

9 .- If the case permits, better plan and manage the family finances with your partner, so both will be aware of the movements of his money and etre both can give good and better ideas to use it.

10 .- Coordinate if you have it, with your advisor responsible for keeping your family finances together they review and monitor bank statements, receipts, reports of their investments, contracts, expiration dates of policies insurance, etc..

11 .- Believe it or not, it is important to keep in mind and determine how much will its capacity when he retires.

Do the math according to your current salary and assuming that it will be constant, along with the increases will logically be the country’s economic situation, think also that in the event that prices rise, increase your salary.

Find out how and if it has already accumulated so far in its capacity has not deposited a large amount of resources, may be because you are very young or have little time to contribute in this system. All this must look to project the amount of retirement when retiring. If in doubt refer to your particular case Afores adviser.

12 .- Investigate options that will help increase the money they receive at the time of his pension, for example through the Afores or contracting a life insurance or an independent retirement plan.

13 .- Confirm your credit history, so you know if you can get credit at the time as necessary and according to their plans, goals and objectives.

14 .- If your credit history are not very good, then make every effort to pay the necessary improvement.

15 .- If you pay taxes as an employee, always stay aware, as a statement outside limit of time can cause a serious imbalance in its finances, as well as the amount you will pay, will have to cover fines and surcharges accumulated.

16 .- You might think it’s very early, but it’s best and most important, your will be ready well in life may ensure that his legacy remains in good hands well to prevent their loved ones, who have to perform lengthy and costly procedures.

17.-Keep in a safe place all important documents like account statements, contracts, insurance policies and anything else related to your finances and that has to do with his family. It is very important that your spouse is even aware of this place, so you can find them in a time of emergency.

The venue can be a safe in the bank or at home, also have handy a copy of them elsewhere, because for some reason if the originals were destroyed or lost, the copies will need to complete the formalities and verify the authenticity of these.

18 .- Always be prepared to face any situation, of course nobody wants to go through a divorce or death of a family, but it is better to be cautious.

19 .- Seek help if you feel unable to comply with these tips to improve their personal guarantees, approach someone you trust and who also has knowledge on the subject, as a financial advisor.

20 .- Do not be left in doubt about managing your money or your adviser is doing, rinse, investigate and never invest in anything you do not know or do not understand. And if in spite of this fails to be comfortable, feel free to ask for other opinions or take their money elsewhere.