Greece Economy Essay Example | Topics and Well Written Essays - 4000 words

Greece Economy - Essay Example World wars and other local wars highly affect a market and it gives a bad impact on currency and bond of country. They badly affect on asset pricing. During Second World War it has been observed that bond prices of Australia, Japan and United States were badly affected. Other historical events also have a great significance on bonds and other assets. Important events urging U.S civil war has also showed a great impact on bond pricing and asset pricing. Wars highly affect markets and capitals as a result of which bond pricing and assets pricing faces downfall. The New York central exchange is one of the largest bond markets in world and its number of traded issues increased from 1000 to 6000. Currency has a great significance in country's economy. In past few years U.S dollar has faced lots of rise and downfall, same its rise and downfall highly affects U.S economy. Every currency's value and its related factors have direct impact on country's economy. In the past few years, U.S dolla r has been declining and facing troubles in international market with which U.S current account deficit has expanded. U.S. dollar declining and current deficit are linked together tightly. Internal and external environment highly affect on country's currency. Same in case of U.S. dollar in past few years U.S economy and U.S political issues highly affected its currency, that is the only reason U.S dollar is facing number of problems about rates in international market. Deficits only exist if a currency moves above its real exchange rate and such deficit can be removed by real depreciation. Short fall, high returns and other deficit affected a lot on U.S dollar and its rates. These are the basic facts by which U.S dollar has faced a mark able decline in past few years. All above mentioned factors have influenced dollar rate in past few years. All over, the recent and current situation U.S economy has influenced a lot in U.S economy and U.S deficit in past few years. Dollar is an offi cial currency in several parts of world. Dollar also refers as "smaller unit, seneiti, equates to "cent". In number of countries dollar is used as official currency for inner and outer money transaction.In finance, yield curve is a relationship between currency rates and its maturity dates. Treasury securities are closely concerned with yield curves and it is usually plotted on graphs. The curve is commonly known as "the yield curve". Term structure of interest rates" There are three types of yield curves: normal yield curve, steep yield curve, flat or hampered yield curve, inverted yield curve. There are number of theories for yield curve some of them are as follows: Market expectations (pure expectations) hypothesis, Liquidity preference theory, Market segmentation theory, preferred habitat theory. Chosen Currency: Dollar. U.S dollar in an official currency of United States of America, it is generally donated as "$". It is divided in 100 cents. Below is a yield curve of U.S dollar according to rates and date. Yield Maturity Fig: 1. Yield Curve is closely related to economic situations and it also helps a lot in obtaining future economic rates and market activities. This interest line helps a lot in examining the interest rates according to recent currency value and according to its maturity date. The yield curve is specially deigned keeping in mind the needs and current requirements. Yield curve shows current currency decline or rise in

Building an Art Museum Essay Example | Topics and Well Written Essays - 2000 words

Building an Art Museum - Essay Example Or if we try and become successful in creating some aesthetic and artistic objects, environment, and atmosphere that the people admire and appreciate, we call it an art of doing something. Art does mean to do something or perform something which can be done by any other person like sleeping, drinking, eating or going for an exercise. These are the acts which do not involve mental exceptionality and thus can never be termed as an art. Art means to do something uniquely. â€Å"With the most primitive means the artist creates something which the most ingenious and efficient technology will never be able to create† (Malevich K.). If we go on to recreate nature or realism in context of our own judgments and findings, we are going to perform an art based on our thinking. The basic aim and plan of each and every artist is to depict nature, grab different motions of life, and catch certain facts of nature and to translate those facts by means of paintings, sculptures and drawings. Eve ry artist has his own ideas and the views to see different aspects of nature. The art of translating them in paintings and other models is what we call fine arts. Now, if I talk about my philosophy of art, I would say that art is a creation of ideas related to different aspects of life according to our own thinking and judgments. If we want to achieve something which initially seems difficult, then the process we use to stabilize its difficulty level and then to achieve the desired results on basis of our creative abilities, this is an art of doing something exceptionally. Art doesn’t have any boundaries or limits. It is not restricted to countries, continents or genders. Any person in this world who has a desire to create something or innovate something according to his personal ability, talent and aptitude level, and he successfully achieves his motive, he is an artist. In my view, an art is to make other persons believe in what we create or