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The first task is linked to learning outcome 1. You are required to write a report on the following: Palomia is a developing but landlocked, country with an average per capita of $3500 at market exchange rates. Its population of 20 million is 35% urban - Essay Example

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You Are Required To Write A Report On The Following: Palomia Is A Developing But Landlocked, Country With An Average Per Capita Of $3500 At Market Exchange Rates. Its Population of 20 Million Is 35% Urban
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The first task is linked to learning outcome 1. You are required to write a report on the following: Palomia is a developing but landlocked, country with an average per capita of $3500 at market exchange rates. Its population of 20 million is 35% urban
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Extract of sample "The first task is linked to learning outcome 1. You are required to write a report on the following: Palomia is a developing but landlocked, country with an average per capita of $3500 at market exchange rates. Its population of 20 million is 35% urban"

Download file to see previous pages ilities of continuous development and ensure that the people of the country can be able to enjoy better living standards for themselves in every possible domain. Subsequently, such inclinations also allow countries to compete with other nations in terms of development, gaining a respectable position for itself in the global economic platform. However, it is important to depict that growth and development of any nation is directly or indirectly dependent on the approach of the government and policy makers of the nation towards globalisation. Globalisation, which mainly refers to the integration of a nation with the outer world in terms of economy, industries, cultures and policy making among others, is believed to be one of the major elements accompanied with maximum social and economic development in a nation. Globalisation promotes the free flow of new ideas, products and services and various cultural and social factors (both positive and negative) among the many that exists (Wade, 2009; OECD, 2004). It would be crucial to mention that most of the developed and developing nations of the world have flexible and encouraging policies towards globalisation. In this particular context, the IMF and the World Bank have suggested a developing landlocked nation, Palomia, to become more flexible towards globalisation in order to attain continually augmenting development within the country. In this regard, this particular discussion will mainly focus on depicting the probable implications of globalisation on the country (both positive and negative) and make suggestions accordingly on whether to follow the suggestion in Palomia’s policy-making emphasising development.
In the current scenario, Palomia is identified as a developing nation with substantial growth rates recorded in various domains of the economy. Reportedly, 35% of the total population (i.e. 20 million as was last recorded) is urbanized in Palomia. This aspect further depicts the need for more rapid ...Download file to see next pagesRead More
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