Office of Management and Budget (OMB)
An insight into the Office of Management and Budget (OMB), its role, and significance in the preparation and administration of the federal budget in the United States.
Office of Telecommunications
Office of Telecommunications (Oftel) - The regulatory body for the UK telephone industry after the privatization of British Telecom.
Official Development Assistance (ODA)
A comprehensive overview of Official Development Assistance (ODA) including its background, historical context, major analytical frameworks, and related terms.
Offshoring
Relocation of business to a foreign country, typically to reduce costs or enter a new market.
Oil Crisis
A situation in which there is a sudden fall in the availability and/or a large increase in the price of oil.
Oil Embargo
A comprehensive analysis of the term 'oil embargo' in economic context, focusing on its definitions, impacts, and various economic perspectives.
Oil Price
The dynamics and implications of the price of bulk oil, typically quoted in US dollars per barrel.
Okun’s Law
The relationship between unemployment and real output in cyclical fluctuations.
Oligopoly
A comprehensive overview of the economic term 'oligopoly', exploring its definition, historical context, and major analytical frameworks.
Oligopsony
A market characterized by a small number of buyers, where each buyer's decisions affect the others.
Ombudsman
The role and significance of an ombudsman in economic and administrative contexts.
On-the-Job Training
Training by working under the supervision of an experienced worker, contrasted with formal courses of instruction.