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Problems in Economic Development s assignment

Problems in Economic Development 's assignment

2 pages (500 words)
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... Problems in Economic Development’s assignment PART Questions and answers A) Sub- Saharan Africa 2. A)S-shaped 3. A) East Asia 4. D) All of the a above combined 5. A) HIV/AIDs 6. B) There is 7. D) All of the above 8. A) Build more schools 9 D) Offer conditional cash transfer 10. D) The poor’s perception on education PART 2 This part is based on the short answers and illustrative discussions. 1.a) There is no hunger related poverty trap in developing countries because; in developing countries, most people are poor, they do not have enough to eat, and, therefore, are less productive. This makes them earn less income, which can buy less food, and thus, there is not a hunger poverty trap. b) Some of the ...
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The Major Arguments for and against Cutting Taxes to Promote Economic Development

The Major Arguments for and against Cutting Taxes to Promote Economic Development

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... Assignment The Major Arguments for and against Cutting Taxes to Promote Economic Development Introduction In his elaborate work Rethinking Growth Strategies published by Economic Policy Institute, Robert Lynch has taken a definite stand on the issue of cutting taxes in the context of the U.S. economy, which have got world wide implications as well. Theoretically cutting taxes is regarded as a way to attain greater economic development. However, Lynch appears to be in disagreement with this view. Contextually, he states, “But do tax cuts and incentives create jobs in a cost-effective manner? Conversely, do state and local public services undermine growth? A review of the available data strongly...
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How did the economic development of the Gilded age affect American Freedom

How did the economic development of the Gilded age affect American Freedom

2 pages (500 words)
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... How did the economic development of the Gilded Age affect American Freedom? By the time the Gilded Age during the latter decades of the 19th century heightened industrialization and development in American economy, changes in social dimensions of freedom with inequality, democracy, and system of justice (Foner) had to be drastically coped with. To Americans, the initial stages of achieving an industrial economy occurred to have established a revolutionary social order that only raised confusion especially among the working class, making them suspiciously ponder and react upon the possible outcomes of social development for the nation (Foner). It entailed a notion that such approach to spontaneous pr...
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The Relationship between the investment in Petrochemical Industries and Economic Development

The Relationship between the investment in Petrochemical Industries and Economic Development

7 pages (1750 words)
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... Relationship between the investment in Petrochemical Industries and Economic Development [This paper attempts to find out the possible relationship between investments in petrochemical industry and economic growth. The findings from the study will enable the researcher to propose a plan for tapping the petrochemical reserves in the country to achieve balanced growth.] Table of Contents Table of Contents 2 Introduction 3 Research Objectives 4 Literature Review 4 The Research Questions 6 Hypothesis: 6 Study Methodology 7 Issues arising out of the research design 8 Scope of the Study 9 References 9 Introduction Economic development is a process which takes the national economy from underdevelopment to a...
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The Relationship between Multinational Firms, the State and Socio-Economic Development in the UK

The Relationship between Multinational Firms, the State and Socio-Economic Development in the UK

11 pages (2750 words)
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... International Business: The Relationship between Multinational Firms, the and Socio-Economic Development in the UK ) (Tutor) (Date) Introduction Multinational companies have always played a vital role in economies globally. Estimates show that production levels by these multinationals is over one-fourth of the total global output and forms one-third of the overall world trade. Observers are of the view that multinationals or FDIs do have a beneficial impact on the national economic growth, provision of capital, and transfer of technologies, among other issues. Most of the research work conducted did concentrate on the firm-level decisions regarding their FDI strategies but less time and resources...
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Economic development in the United States from the Revolutionary War to the Civil War

Economic development in the United States from the Revolutionary War to the Civil War

4 pages (1000 words)
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... Economic Development in the United s from the Revolutionary War to the Civil War As huge and integrated the American economy is today, its history dates back to the European colonization that transpired between the 16th and the 18th century. The American Revolution occurred when the Americans in the initial thirteen colonies began a war against the British, demanding for the rights to choose their own representatives who would govern and tax them. The war lasted from 1775 to 1783. On the other hand, the American Civil war occurred from 1861 to 1865.This paper analyzes the American economic development from the revolutionary war up to the civil war. In other words the paper describes the American...
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Slavery Legacy anf Its Influence on Economic Development of U.S. South

Slavery Legacy anf Its Influence on Economic Development of U.S. South

3 pages (750 words) , Download 1
... Task: “The legacy of slavery continued to influence the economic development of the U.S. South for decades following the American Civil War”. Introduction The resultant features of slavery in the U.S. South created financial strain that hindered industrial growth and left nearly all plantations on the threshold of economic failure every year. Slaves were more expensive than the complimentary manual workers were. Even though, there was slavery eradication in America for the past decades, its legacy continued to influence the financial system after the Civil War. Slavery not only led to underdevelopment in Africa but also, in the United States. With the elimination of slavery during the civil war,...
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MASTER IN INTERNATIONAL TRADE LAW AND ECONOMIC DEVELOPMENT

MASTER IN INTERNATIONAL TRADE LAW AND ECONOMIC DEVELOPMENT

14 pages (3500 words)
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... for Trade Under the Auspices of the World Trade Organization Introduction Aid for Trade emerged out of the WTO’s Hong Kong Ministerial Declaration 2005 with the commitments from Ministers of G7 and G8 for the provision of aid to developing countries for building “the physical human and institutional capacity to trade” and for addressing “adjustment related challenges and supply side constraints”.1 The debate relative to Aid for Trade within the World Trade Organization (WTO) is significant because it engages questions about how much aid, the recipients and the purpose of the trade.2 Ultimately, there is a risk that Aid for Trade may influence the balance in trade negotiations and thereby further...
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Economic development in Germany after the First Word War (between 1919 and 1933)

Economic development in Germany after the First Word War (between 1919 and 1933)

6 pages (1500 words)
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... DEVELOPMENT IN GERMANY AFTER THE FIRST WORLD WAR Affiliation ECONOMIC DEVELOPMENT IN GERMANY AFTER THE FIRST WORLD WAR (BETWEEN 1919 AND 1933) Germany’s economy particularly writhed following the First World War in comparison to some other countries like France and the United Kingdom who recuperated relatively fast. This was because of the treaty known as the Treaty of Versailles which obligated Germany to emolument what was called reparations to the allies. It was because of these many reparations, deprived economic infrastructure and the political pressure that happened in Weimar Republic that were accountable for the melancholy of the economy. This paper talks about the hyperinflation and unemploy...
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Economic Development of Japan after World War II

Economic Development of Japan after World War II

5 pages (1250 words)
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... Japan after the Second World War Japan is among the world’s largest economies. The country enjoys a rapidly growing economy with various multinational companies setting up in the country. Japan constitutes a substantial market that offers lucrative opportunity to the various multinational companies. However, the country was among the few countries that suffered the brunt of the Second World War. The atomic bombs that hit Japan’s cities of Hiroshima and Nagasaki did not just leave rubbles but also typified the effect of the war in the country. After the war, Japan experienced a rapid economic boom commonly known as the Japanese post war economic miracle. The country’s economy expanded rapidly owing...
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Acemoglu, Johnson and Robinson proved that institutions are the ultimate cause of economic development. Do you agree

Acemoglu, Johnson and Robinson proved that institutions are the ultimate cause of economic development. Do you agree

4 pages (1000 words)
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... s and Economic Development I agree with Acemoglu, Johnson and Robinson‘s proof that s are the ultimate cause of economic development. According to them, the application of the institutional dimension in the context of an exploration of the ultimate enablers of growth portrays institutions as humanly engineered limits that define human relations. Consequently, they shape human behaviour via economic and political interactions in the society. In addition, institutions do not often have to be designed to be socio-economically efficient. Instead, they, or in the worst case scenario the official rules, are developed to assist those who possess the bargaining power to develop new rules. As a result, in...
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Impact of external debt on fiscal stability and economic development. a case study of Nigeria

Impact of external debt on fiscal stability and economic development. a case study of Nigeria

30 pages (7500 words) , Download 1
... Head: IMPACT OF EXTERNAL DEBT ON FISCAL STABILITY OF NIGERIA Impact of external debt on fiscal stability and economic development: A Case Study of Nigeria [Writer's Name] [Institution's Name] Table of Content Impact of external debt on fiscal stability and economic development: A Case Study of Nigeria Chapter 1 Introduction The 1970s oil boom brought about elemental changes in the Nigerian economy. For the first time the country could implement a substantive comprehensive financial blueprint, The First National Development Plan that was designed to increase growth as well material welfare. These plans included policies geared toward the public sector as well as extension services (Library ...
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The contribution of the construction industry to economic development in Libya

The contribution of the construction industry to economic development in Libya

2 pages (500 words)
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... Contribution of the Construction Industry to Economic Development in Libya Table of Contents Question 3 Question 2 3 Question 3 4 Question In 1986, GDP of Libyan construction industry was 492.6 Million L.D., whereas the country’s national GDP was 6960.7 Million L.D. Hence, the construction industry contributes almost 7% (7.07%) to the national GDP. Over the next five years this contribution was reduced to almost 3.88%. During the period of 1986-1991 the contributions of construction industry to the GDP of Lydia were 6.84, 6.20, 6.28, 5.55 and 3.88 respectively. Over the next ten years i.e. 1991-2001 both GDP of construction industry and national GDP were increased significantly and the contribution...
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Outline a framework for assessing the effectiveness of aid in promoting economic development in developing countries. Critically

Outline a framework for assessing the effectiveness of aid in promoting economic development in developing countries. Critically

12 pages (3000 words)
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... Outline a framework for assessing the effectiveness of aid in promoting economic development in developing countries. Critically examine the view that "aid does not work" When discussing international development assistance and foreign aid, as given through private individuals, international aid agencies, NGOs, charity groups, and governments themselves to developing countries, it is important to be clear about the different types of foreign aid and the methods through which the programs are implemented. First, aid given through private groups and donations can be distinguished from that which is given through government policies. Second, aid that is implemented directly to the communities...
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Economic Growth and Development

Economic Growth and Development

3 pages (750 words)
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... Growth and Development Economics seek to study the human voluntary interaction to enhance their condition through inter-trading in goods and services characterised by varied preferences and skills (Colombatto, 2006). This aims at promoting their satisfaction that would be measured by two closely related concepts, namely, economic growth and economic development. Economic growth results from the increased production and consumption of a country’s goods and services. Should these goods and services be of the right kind, they benefit the people and thus improve their quality of life and economy. However, economic growth does not necessarily lead to economic development. This paper compares and...
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Compare and Contrast the Recent Economic Development of the Economies of China and India, Which Country Has the Best Prospects

Compare and Contrast the Recent Economic Development of the Economies of China and India, Which Country Has the Best Prospects

8 pages (2000 words)
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... Compare and Contrast the recent economic development of the economies of china and India, which country has the best prospect for economic growth in the future? Name: Institution: Compare and Contrast the recent economic development of the economies of china and India, which country has the best prospect for economic growth in the future? In the recent times, there are two main successes that stand out, China and India. These two nations are, through their sheer size, economic giants and as they are growing in the recent years, it is quite obvious that their continuous transformation will have significant effects, not just on them, but the entire global community. The effects are already showing,...
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The Impact of E-Services on Socio-Economic Development in South Africa

The Impact of E-Services on Socio-Economic Development in South Africa

8 pages (2000 words)
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... The Impact of E-Services on Socio-Economic Development in South Africa Supervisor School Degree Contact The Impact of E-Services on Socio-Economic Development in South Africa Chapter 1: Introduction E-services have drawn the attention of stakeholders lately due to their capacity to transform lives, especially by their use in fund transfer, marketing, and data collection, analysis and transmission among other uses. Suppliers, producers and consumers use the internet, mobile phone connectivity, and telephones to send messages and perform transactions that would have otherwise been impossible due to inaccessibility or the high costs of doing these transactions the traditional way. Accessibility to...
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The relationship between multifunctional firms, the state and socio-economic development in Germany and Britain

The relationship between multifunctional firms, the state and socio-economic development in Germany and Britain

3 pages (750 words) , Download 1
... The relationship between multinational firms, the and socio-economic development in Germany and Britain Introduction The paper deals with thediscussion of relationship between multinational firms in accordance with different factors, such as socio-economic factors and relationship with the state we would focus on German and British hospitality multi-national firms. Multi-national firms are usually referred to as the “dominant actors in the global economy”. From the different perspectives, the major challenge for any of the multi-national firms is their operation triggered by their specific cultural features and national context. Still, if they operate internationally they should comply with the...
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Similarities and differences between the USA and Saudi Arabia in relation to their religion, politics, economic development, and social behaviors

Similarities and differences between the USA and Saudi Arabia in relation to their religion, politics, economic development, and social behaviors

8 pages (2000 words) , Download 2
... Societies across the world differ in many ways. These differences are brought about by religion, old and new customs, economic development, politics and value of freedom. As a result, how people behave in one part of the world is different from how another society at the other end of the world behave. In Saudi Arabia, people’s way of life, the economy and politics are guided by the Islamic religion and their old customs. In contrast, the American society is guided by freedom and economic development. United States methods, therefore, differ from the Saudi people’s method. This study will compare and contrast the kingdom of Saudi Arabia to United States with regard to religion, politics, social...
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The role of SHIPPING BUSINESS in the ECONOMIC DEVELOPMENT of a country is important. Hence, MARITIME TRANSPORT plays a significant role in that development. Discuss

The role of SHIPPING BUSINESS in the ECONOMIC DEVELOPMENT of a country is important. Hence, MARITIME TRANSPORT plays a significant role in that development. Discuss

6 pages (1500 words)
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... Role of Shipping Business in the Economic Development of a Country is Important. Hence, Maritime Transport Plays A Significant Role In That Development." Discuss. Table of Contents Introduction 3 History 3 Role of Maritime Transport in the Economic Development 6 Role of Shipping Business in the Economic Development 8 Conclusion 9 References 11 Introduction ‘Maritime’ can be defined as the study of ships along with sea-faring. It is also referred to as marine archaeology. It also includes the submerged study related to shipwrecks along with study related to earliest voyages, inscription and written documents regarding sailing voyages as well as commerce and ship construction. According to World Trad...
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Assess the importance of foreign capital and overseas emigration for the economic development of Germany in the 19th century

Assess the importance of foreign capital and overseas emigration for the economic development of Germany in the 19th century

4 pages (1000 words)
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... importance of foreign capital and overseas emigration for the economic development of Germany in the 19th century The importance of foreign capital and overseas emigration for the economic development of Germany in the 19th century In the 19th century, Europe continent was the bank of the world that lent capital to countries around the world. Great Britain was the main exporter, trailed by France and Germany came third. Their capital cities were the main financial centers intermediating credit through their stock exchanges and bankers. Analysis of Germany capital exports between 1883 and 1914 shows that Germany specialized in lending to European countries, mostly to Austria-Hungary, Italy and Russia ...
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Free Trade Zones in UAE and Economic Development

Free Trade Zones in UAE and Economic Development

7 pages (1750 words)
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... Head: Free Trade Zones in Dubai Free Trade Zones in Dubai [Institute’s Free Trade Zones Introduction According to its definition, free trade zone (also known as foreign trade zone or export processing zone) is the region where trade can take place in the absence of any intervention from the part of custom authorities. Duties, tariffs, quotas, excises, subsidies, customs and other such concepts do not exist there and foreign investors have great deal of freedom to start up their business in these areas, often accompanied by tax breaks, less paperwork and few restrictions (Noack, 2007). In a free trade zone, all the imports are free from duties and all the exports from this region are free from...
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Compare and Contrast on the United States and Turkey on Religion, Politics, Social Behavior and Economic Development

Compare and Contrast on the United States and Turkey on Religion, Politics, Social Behavior and Economic Development

6 pages (1500 words)
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... Compare and Contrast on the United s and Turkey on Religion, Politics, Social Behavior and Economic development 25 September 2012 The United States and Turkey are two countries with substantial similarities and differences that affect both on a large scale both directly and indirectly concerning their social, political, religious and economic aspects. In relation to this, it is crucial to compare and contrast between the two countries to come up with aspects from which one can learn. Religion The religious organization of the United States of America is one of the most diverse in the world since the 21st century. This is due to the existence of at least a dozen different religions in the country...
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What is the relationship between social and economic development Do these imply democracy Use a case study to illustrate your argument

What is the relationship between social and economic development Do these imply democracy Use a case study to illustrate your argument

7 pages (1750 words)
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... AND SOCIAL DEVELOPMENT of the School: Social and economic development can be better understood if studied together since they are interrelated. In this paper I shall first discuss each of them differently and then show their relationship using the United States of America as a case study. I shall also discuss whether their relationship implies democracy. Social development can be viewed as progress or evolution of a community from a lower social status to a higher one. By higher status I mean greater levels of productivity, energy, efficiency, creativity, quality, complexity, and mastery. For example a change from feudalism to capitalism may be viewed as social development. Social development is d...
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Role of ECOWAS union in the socio-economic development of West Africa

Role of ECOWAS union in the socio-economic development of West Africa

15 pages (3750 words)
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... Topic To What Extent Has the Creation of ECOWAS Benefitted the Socio-economic Development of West Africa? West Africa: At the World’s Mercy? Abstract Analysis surrounding the economies of West Africa, their political stances, and their trade policies form the basis of this essay. The world economy and West Africa’s part in it will be examined in this paper. The realities of the situation in West African countries and the uneven economic relationships with particularly the Western, developed world are the focus. It is proposed that the exploitative relationship which has existed between West African developing or underdeveloped countries and other developing countries since slavery and colonialism...
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Explain links between economic development and destruction of forests in the Third World. Explain how development can be designed to protect forests. Describe

Explain links between economic development and destruction of forests in the Third World. Explain how development can be designed to protect forests. Describe

5 pages (1250 words)
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... Economic Development and Destruction of Forests The economic development of the world and the ecological destruction of the world have both risen in parallel. When America was first discovered by explorers from the old world, it was covered in forests which were burnt away to make room for the development of roads, cities and agricultural land. The same process is being repeated in developing countries (MDCs) and the least developed countries (LDCs) of the world today. However, the destruction of these forests is having a severely negative impact on the world and new paths to development are being discussed which can help these nations progress in both economic and ecological terms. The research on t...
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What are the strategic priorities for policy makers in Birmingham if they are to generate strong economic development for the city over the next 20 years

What are the strategic priorities for policy makers in Birmingham if they are to generate strong economic development for the city over the next 20 years

6 pages (1500 words)
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... are the strategic priorities for policy makers in Birmingham if they are to generate strong and sustainable economic development for the over the next 20 years? 1. Introduction Birmingham is a City with an important economic and cultural framework. Because of its infrastructure and its facilities – airport, university, a research park for business and technology research and so on – the City is considered as one of the most developed cities of the West Midlands. The City’s council initiates a wide range of activities aiming to support effectively the needs of the residents. The economic development of Birmingham is examined in this paper; emphasis is given not only on the City’s current economic...
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Migration and Economic/Media Development - 4

Migration and Economic/Media Development - 4

1 pages (250 words)
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... Massey S. "Economic Development and International Migration in Comparative Perspective." Population and Development Review. 14.3 (1988 383-413. This work provides an insight of how economic development and migration are related. The author explains why individuals migrate from countries with lower living standards to those of high development. A time analysis of emigration from Europe to America has been made. The impact of migration on the economic transformation of European countries and the correlation between migration and economic cycles is examined. Finally, economic integration has also been viewed as a factor increasing migration level. Reasons for rural urban migration like mechanized agricu...
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Macroeconomic Convergence, Financial Development and Economic Growth

Macroeconomic Convergence, Financial Development and Economic Growth

11 pages (2750 words)
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... convergence, financial development and economic growth Literature Review Convergence theory in the economic growth model can be described as the process whereby different nations with varied growth rate converge to similar level of economic development and growth. The rationale of convergence in growth was developed by Solow. The theory of Solow growth model states that all the economies in the world eventually reach a steady state of equilibrium. The statement implies that the poorer counties match up to the per capital income of the richer ones as they normally displays fast growth rate. There are primarily two types of convergence such as the absolute and conditional convergence. The theory of abs...
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To what extent has economic development brought about changes to the position of women in South East Asia discuss with examples from one or two South East Asia

To what extent has economic development brought about changes to the position of women in South East Asia discuss with examples from one or two South East Asia

8 pages (2000 words)
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... Southeast Asia, economic development is different between and within individual countries, particularly between rural and urban areas, between ethnic communities and between genders. Lubeck (1998) contends that different permutations of gender, social class and ethnicity play a part in this unevenness of economic development. With this in mind, this paper will discuss the changes economic development has brought to the position of women in two Southeast Asian countries, namely, Vietnam and Cambodia. "Vietnam is one of the fastest-growing economies in Asia, recording an average annual growth in gross domestic-product (GDP) of about 7.5% over the last decade." (ADB, 2007) Accounting for over 51% o...
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Free trade is the primary force driving economic development. Discuss with reference to both theory and evidence. (Subject: Inte

Free trade is the primary force driving economic development. Discuss with reference to both theory and evidence. (Subject: Inte

10 pages (2500 words)
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... The flow of goods and services between countries has been a very important economic activity in the history of mankind. International trade has a huge potential for the economic development of a country. But it can also have adverse consequences on the economy of any country. For this purpose every country needs to follow a definite trade policy in tune with the economy of the country.(1) While some country had adopted an open economy policy with regard to foreign trade others have taken a more protectionist approach. The advocators of trade points out that trade help the countries to export goods and services in which they have a comparative advantage. It helps the countries to utilize the...
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The Silk Road and its effects on the economic development of India, China, and Southeast Asia

The Silk Road and its effects on the economic development of India, China, and Southeast Asia

1 pages (250 words) , Download 1
... Silk Road Affiliation: The Silk Road marked a significant trade route that primarily linked China to the Roman Empire. This trade route was named the Silk Road following the dominance of Silk as a primary trade product. The origin of the Silk Road was Changan (currently Xian), and dates back to the period between 2nd century BC and the 14th century AD (Liu, 2010). The famous trade route did not get the name Silk Road until the year 1877 when Ferdinand von Richthofen came up with the name (Christian, 2000). From China to the Mediterranean, long distance trade played a critical role in influencing the role of different civilizations. India, China, and Southeast Asia were central locations along the Sil...
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Migration and Economic/Media Development - 2

Migration and Economic/Media Development - 2

1 pages (250 words)
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... Bibliography Gupta, Suman, and Omoniyi, Tope. The cultures of economic migration: international perspectives. Chicago, IL: Ashgate Publishing, Ltd., 2007. The journal examines migration processes and the social conditions which follow it while researching on the importance of migration. The authors of the book critically reveal the process of studying economic migration and processes necessary in establishing knowledge about it. The book especially focuses it studies on Africa, Asia and Europe in exploration of migration studies in connection. For instance, in pages 102-108, authors explore the cultural consequence of economic migration from Nigeria to the West. Naerssen, van A. L., Spaan, Ernst, an...
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The Implication of WTO/TRIPS Agreement on Developing Countries Social Economic Development, A Critical Analysis of TRIPS Agreem

The Implication of WTO/TRIPS Agreement on Developing Countries' Social Economic Development, A Critical Analysis of TRIPS Agreem

52 pages (13000 words)
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... Page The Agreement on Trade-Related Aspects of Intellectual Property Rights, otherwise known as TRIPS, is a multilateral agreement forged under the auspices of the World Trade Organization. It has been undertaken in an attempt to arrive at a solution to the clash between protection and access to vital intellectual property rights, particularly where such intellectual property is capable of creating significant impact on the socio-economic conditions in poor countries. This pertains to those countries that do not have the material resources to afford commercial acquisition of such rights, and yet could ill afford not to because of the humanitarian implications. The TRIPS agreement is designed to...
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Long run economic growth and development

Long run economic growth and development

11 pages (2750 words)
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... Long-term Economic Growth and Development Introduction The long term economic growth and developmentfor any country or region in the world is an important subject for all students of sociology, economics and even history since economic development affects all systems that can be found in a political entity. Even in recent years, countries such as Japan that had been destroyed by the ravages of the Second World War and had little to go on in terms of natural resources were able to become economic giants and global economic players. However, such developments could not be emulated by other countries in Latin America and Africa for a multitude of reasons. To understand why some countries are able to d...
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You have been invited by the government of Trinidad and Tobago (West -Indies) to advise the political leader on economic development initiatives that can help

You have been invited by the government of Trinidad and Tobago (West -Indies) to advise the political leader on economic development initiatives that can help

12 pages (3000 words)
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... at today Trinidad and Tobago has one of the highest Per Capita income in the Carribean.This could be attributed partially to the large deposits ofoil and gas resources. More than half the governments’ revenue, about 90% of exports and over 40% of GDP are traceable to the energy sector. Within the Caribbean region, life expectancy and literacy rates in Trinidad and Tobago are among the highest .The country is also a reputed financial center with beneficiaries of its capital flows spread within the region. Favorable international environments have played very vital roles in economic development of the country. Windfalls from surging prices of energy, exploitation activities of new gas fields and moves...
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Global Politcal economy - To what extent can free trade be viewed as beneficial to economic development Use specific examples to support your answer

Global Politcal economy - To what extent can free trade be viewed as beneficial to economic development Use specific examples to support your answer

6 pages (1500 words)
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... Global Political Economy “To what extent can free trade be viewed as beneficial to economic development?” Submitted by: Submitted to of tutor) Business May, 2015 Global Political Economy – “To what extent can free trade be viewed as beneficial to economic development?" Free trade is a branch of globalization that is governed by a treaty between two or more countries to establish a free trade area where goods and services can be exchanged and served across its common borders, without tariffs or hindrances. Trade agreements have been entered into between countries for a long time al...
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Development of Chinese economic

Development of Chinese economic

38 pages (9500 words)
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... of Chinese Companies and Development of Global Brands The discussions about internationalization of Chinese companies or development of global brands by them have to be in the national and international context for understanding the issues involved in proper perspective. The status of national economy, its growth potential and the constraints in establishing market for the companies’ products internationally and cultural aspects involved at the grass root level in achieving these objectives need to be carefully reviewed for this purpose. Phenomenal growth of Chinese economy over years significantly affects the world economy due to its sheer size and wider domestic market. The stability in domestic...
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Overview of Economic Growth and Development in South Korea

Overview of Economic Growth and Development in South Korea

10 pages (2500 words) , Download 1
... of Economic Growth and Development in South Korea Introduction Economic development can be considered as the process of economic transformation relating to structural changes of an economy by means of industrialization, increment of Gross Domestic Product (GDP) as well as income per capita. Many scholars have put forward different definitions of economic development. Lewis (2007) viewed economic development as a rise in output per person. KindleBerger (2013) viewed economic development as an increase in production of goods and services in an economy. Todaro & Smith (2014) views economic development as a multifaceted process comprising significant transformations in social structures, people’s attitud...
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Compare Malaysia and South Koreas economic development strategies and their outcomes after 70s when they started approaching Export Oriented Industrialization(EOI). Also, highlight thier differences in approaches to EOI

Compare Malaysia and South Korea's economic development strategies and their outcomes after 70's when they started approaching Export Oriented Industrialization(EOI). Also, highlight thier differences in approaches to EOI

13 pages (3250 words)
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... Compare Malaysia and South Koreas economic development strategies and their outcomes after 70s when they started approaching Export Oriented Industrialization (EOI). Also, highlight their differences in approaches to EOI. The following will thoroughly examine the effectiveness of Malaysia and South Koreas economic development strategies and their outcomes after the 70s when they started approaching Export Oriented Industrialization (EOI) as a means of promoting higher growth rates. These two countries have often been included within the term Asian Tiger. Malaysia and South Korea were amongst the Asian countries, which had generally been poor and economically underdeveloped at the start of the imm...
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Growth, Development, and Economic Transformation

Growth, Development, and Economic Transformation

3 pages (750 words)
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... Growth, Development and Economic Transformation inserts his/her Inserts The long run implication of Kuznets' stylized facts on economic growth is that economies that go through the process of industrialization particularly witness massive rural-urban migration. The prevalence of capitalist mindset suggests that the owners incur profits at the expense of laborers which cause a sharp gap in the rural-urban wages, leading to sharp inequalities. As a result, individuals shift to cities to reduce this inequality which would ultimately increase the population in urban areas as compared to rural. This would result in lesser inequality when a particular level of GDP per capita is achieved because of the...
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Tennessees Political, Economic, and Social Development

Tennessees Political, Economic, and Social Development

1 pages (250 words)
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... Political, Economic, and Social Development Thesis statement The most significant political development in 1970s was the rebirth of the Republic Party which made Tennessee one of the actual two-party states from the South. The conviction of Jacob Butcher and Ray Blanton in 1982 for conspiracy and fraud enhanced economic development. Manufacturing industries continued to expand throughout the 1980s. The Tennessee-Tombigbee Waterway was also completed in 1985. All these enhanced the creation of 45,000 employment opportunities. In 1992, the Tennessee legislature approved school reform laws. It is in 1993 that the state allowed a healthcare package that paved way for the creation of TennCare. It is thi...
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The Economic Value of Sports on National Development

The Economic Value of Sports on National Development

4 pages (1000 words)
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... Synthesis and summary Summary Book Chapter summary PART II: Event Impacts Assessment, Chapter 2- A Critical Socio-Economic Assessment of the ICC World Cup Cricket on the Hosting Caribbean Territories The chapter explores a critical evaluation of the socio-economic impact of the ICC World cup cricket in 2007 on the Caribbean countries where it was hosted. It was a real honor for the specified Caribbean territories to conduct this mega sporting event. There was a huge demand of extraordinary planning as well as investment for this event. The analysts also discovered that around ten million US dollars was coming as an internal and external investment associated with this mega event. The chapter...
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The Economic Value of Sports on National Development

The Economic Value of Sports on National Development

4 pages (1000 words)
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... Economic Value of Sports on National Development The arena of sports imparts a significant business dimension in the national as well as the international front. The evidences are vehemently found daily in the digital as well as in the print media. In the year 2004, the estimated gross domestic sports product in the United States of America was around a value of $213 billion (Walker and Enz, 2012, p. 149). In today’s world where there is a perfect integration of local and global environment sports impart a significant economic value to the national development of any country of the world. The paper will be discussing about the significance of sports in the economic development of a nation. ...
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The Economic Booming and Development in Shanghai

The Economic Booming and Development in Shanghai

5 pages (1250 words)
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... The Shanghai Expo World Fair 2010 has created a positive impact to the city of Shanghai, and consequently the entire China. Even after the mass event is over, the city is still benefiting from the changes that have developed out of the Expo. The upside of the event preparations was that it was designed to promote Shanghai’s culture and infrastructure to the world, which was in turn expected to produce a long-lasting impact to the city. Shanghai has successfully equated the worldwide expectations, providing a sustainable and environment-friendly urban planning for the Expo. Furthermore, the city has gained the global audience’s recognition through upgrading of its infrastructure, economy and business...
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Tourism Planning within Europe: Economic Approach to the Development

Tourism Planning within Europe: Economic Approach to the Development

7 pages (1750 words)
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... TOURISM PLANNING WITHIN EUROPE IS STILL DOMINATED BY AN ESSENTIALITY 'ECONOMIC' APPROACH TO DEVELOPMENT. INTRODUCTION When people hear of the term Tourism, they immediately picture other individuals moving from one place to another either locally or internationally for the sole purpose of leisure. Tourism refers to that set of activities, industries and services that tend to deliver a travel experience to people and/or groups of individuals travelling from their place of residence for the purpose of pleasure (Gunn & Var, 2002, p.12). Tourism has a number of benefits to a country for instance it enhances social relations between the host and the visiting individuals where the tourist is viewed to be...
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Cath Kidston Limited company- Critically review that role of enterprise in the social and economic development of a region. Include a comparison of different cultural contexts

Cath Kidston Limited company- Critically review that role of enterprise in the social and economic development of a region. Include a comparison of different cultural contexts

9 pages (2250 words)
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... and Entrepreneurship- Cath Kidston Limited Company The role of the enterprise in the social and economic development of the region s name Lecturer’s name Institution Date Introduction Small businesses are the backbone of the UK economy and contribute a great deal in terms of job creation. Small firms contribute creativity, job opportunities, growth and adaptability to local economies. They also take on those workers who may not be employable by larger corporations ( Williams 2007, 351). According to the statistics, by 2014, in the UK, there were over 5.2 million businesses in the UK and 99 percent of these businesses were the small and middle-sized enterprises. These enterprises have employed over 1...
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Economic Portfolio - Development economics

Economic Portfolio - Development economics

4 pages (1000 words)
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... www.developments.org.uk/articles/where-credits-due ARTICLE: “Where credits due” Business leaders, Phil Smith and Eric Thurman, argue that microcredit is the world’s most powerful weapon against poverty. A microcredit loan is often the only break that can move impoverished people up the rungs of the economic ladder in their communities. The fundamental premise of microcredit is that people can improve their incomes through hard work if given small loans to strengthen their businesses. This premise has been proven true by millions of borrowers who are now building their tiny businesses, supporting their families, and repaying their microloans so that others can have a chance at the one break they too n...
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"Development is only concerned with the economic growth of a country" discuss

"Development is only concerned with the economic growth of a country" discuss

3 pages (750 words)
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... Development and Economic Growth of a Country There is no conventionally approved standard definition for development because it depends on the objectives of the nation under study. In most cases, economists define development in relation to creation of wealth and jobs as well as improvement of the quality of life. Development, therefore, be a process that involves initiating restructuring and growth of an economy to boost economic well-being of society members. It, therefore, encompasses three main regions government policies to meet economic goals such as inflation, unemployment, and sustainable growth. Another aspect of development concerns the policies and programs to deliver services to members...
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Qatar from a tiny Gulf peninsula to an economic powerhouse : Qatar Economic growth development

Qatar from a tiny Gulf peninsula to an economic powerhouse : Qatar Economic growth development

34 pages (8500 words) , Download 1
... Qatar from a tiny Gulf peninsula to an economic powerhouse: Qatar Economic growth development Table of contents 0 Introduction 3 2.0 Qatar – country 4 3.0 Key characteristics of Qatar’s economy 6 4.0 Qatar – Economic Growth Development 9 4.1 Key aspects of Qatar’s Economic Development 9 4.2. Qatar’s economy – phases of growth 11 4.3 Comparative advantage of Qatar 12 4.4 Qatar Economy – performance at national and at private level 14 Oil Sector 16 Gas Sector 17 Manufacturing 18 4.5 Business environment in Qatar 22 4.6 Management of knowledge in Qatar 23 4.7 Challenges that Qatar would have to face for achieving a long-term economic growth 28 5.0 Conclusions and Recommendations 30 6.0 References 33...
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