This paper analyzes the financing terms that support international trade and sheds light on how and why these arrangements affect trade. Using detailed transaction level data from a US based exporter of frozen and refrigerated food products, primarily poultry, it begins by describing broad patterns about the use of alternative financing terms. These patterns help discipline a model in which the trade finance mode is shaped by the risk that an importer defaults on an exporter and by the possibility that an exporter does not deliver goods as specified in the contract.
Poultry in Motion: A Study of International Trade Finance Practices
July 14th, 2011 by Archer ZimpelUC Regents Approve Second Tuition Increase.
July 13th, 2011 by Oliver Peaks
Just days after CSU leaders increased tuition, University of California regents approved a second tuition increase for the approaching fall semester.
Faced with a higher than anticipated $650 million cut in state funding, the State Board of Regents voted 14 to 4 to increase UC tuition by 9.6 percent for the fall, an increase that is on top of a previously approved eight percent hike scheduled to take effect the same semester, reported the Los Angeles Times. The combination of tuition hikes means that UC students will have to pony up $1,818 more in tuition than they did last year.
How to Run a Background Check on Yourself
July 13th, 2011 by Archer ZimpelYour prospective employer will run a background check on you. Depending on how in-depth their screening is, they’ll learn about your past criminal history, employment information, educational records, and professional certificates. Do you know what your background check will say about you?
Well, now you can see it before a prospective employer does—by pre-verifying your background with the latest online tools. Here are several reasons to take this step in your job search:
• Stand out among other candidates. Not many folks will pre-verify their background, but it saves employers and recruiters precious time and money if you do.
• Show prospective employers you’re honest. Confirm the information on your resume through verification services to prove your experience and education. (Accordin
Resumes for Entrepreneurs Transitioning Back Into Job Market
July 13th, 2011 by Oliver PeaksIf you are an entrepreneur transitioning back to the workplace, make the most of your resume by emphasizing the entrepreneurial transferable skills that apply to the type of job youre targeting. Many employers, for example, seek candidates who can handle startup and turnaround situations. Theyre also looking for professionals with experience in asset and liability management, budget development, building strategic alliances, business plan development, capital equipment budgets, competitive analysis, costing and budgeting, financial strategies, market strategy, profit and loss management/direction, new business development, operations management, research and development, return on investment, and strategic planning direction.
Survey Results Signal Big Issues for Employers and Workers
July 13th, 2011 by Oliver Peaks
Recently, Randstad, a global HR and staffing firm with expertise in the U.S. temporary employment market, released the results of the latest Workmonitor survey, a quarterly global survey. The results were kind of grim for both the employer and the worker.
By this point in time, we all know that US productivity has continued to climb throughout the course of the economic downturn. Getting more work done with fewer people. It’s a reality of business. If you’ve been in the workforce for more than a decade, you know what this means for you personally. Recentl