Free Economic Zones in Transition Economies and Its Impact of Economic Development of a Country

Free Economic Zones in Transition Economies and Its Impact of Economic Development of a Country

40 pages (10000 words)
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... Economic Zones in Transition Economies and its Impact in the Economic Development of a Country Chapter Free Economic Zones: Defined When it comes to trading, countries earn money by imposing tariffs for every imported product that enters its borders. However, there are areas where these trade barriers are not being enforced and these areas are called “free economic zones (FEZ)”. There may be about 43 million people that are working at the – more or less – 900 to 3000 FEZs or Free Trade Zones (FTZs), Export Processing Zones (EPZ), Industrial Free Zones (IFZ) and Technological Free Zones (TFZ) that are situated in 90 to 116 countries and regions around the world. 1 2 FEZs are areas of a certain nat...
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The process of economic development and its effects in China in 1950s

The process of economic development and its effects in China in 1950s

7 pages (1750 words)
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... Proposal of the Research: “The Process of Economic Development & its Effects in China in 1950s- Study of Three major Phases During 1949-1960” 2. Background of the Study: Officially Chinese history began from 1949 but at that time China was in great economic trouble. The reason was the aftermath of Second World War, which was ended in 1945. China was in war with Japan. In 1945, after the war, the Soviet troops brought most of the industrial tools such as machineries to the Eurasia, which is also referred to as Soviet Union. All the communication systems, energy and transportations were damaged, which eventually lead the Chinese economy in a situation from where it was extremely difficult to survive. A...
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Analytic paper on the current state of economic development and its system of governance in Somalia

Analytic paper on the current state of economic development and its system of governance in Somalia

5 pages (1250 words) , Download 1
... Paper on the Current of Economic Development and Its System of Governance in Somalia Somalia’s recent history has been mired in protracted civil wars resulting in a corrupt and fragmented distribution of governance and power, with a lack of basic governance at central level. As a result, the insecurity and political fragmentation is extremely high and “the nationwide level of administration and socio-economic indicators are very low” (University of Bonn). Indeed, Menkhaus highlights how Somalia’s political instability is an example of the longest state collapse in the post colonial era (Menkhaus 74). The political instability of Somalia has been exacerbated by failed attempts of the international co...
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The Economic Development of Eastern Asia Countries and the State Intervention

The Economic Development of Eastern Asia Countries and the State Intervention

8 pages (2000 words)
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... Economic Development of Eastern Asia Countries and the Intervention Introduction The economic growth and development being experienced in Eastern Asia today can be traced to the years of the 1960s (Oracle Education Organization, 1999). From a rather deprived state, Eastern Asia now houses what has come to be known as the Four Asian Giants. Together with other nations in the region, Eastern Asian has grown to be a force to reckon with in terms of economic growth and development. Unlike the pre-1960s when the region and its States were regarded as an underdeveloped region, the economic development in Eastern Asia has imparted immensely on the general development of the region. Economists attribute the ...
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Macroeconomic as Significant Impact on a Nations Economic Development

Macroeconomic as Significant Impact on a Nations Economic Development

12 pages (3000 words)
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... is generally considered as a macroeconomic variable having positive as well as negative impacts on financial markets and economies. In simple words, inflation can be described as an increase in the price level of goods and services in an economy over a particular period of time. According to one popular definition, “inflation can be defined as a rise in prices or a devaluating of money, resulting in decreased buying power for consumers”1. When there is a rise in the general level of price, each unit of currency can buy fewer goods and services. Therefore, inflation directly leads to the weakening of purchasing power of money. Consumer Price Index and Product Price Index are the major tools employed...
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Economic Development More Important Than Democracy in Promoting a Welfare State

Economic Development More Important Than Democracy in Promoting a Welfare State

8 pages (2000 words)
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... Development More Important than Democracy in Promoting a Welfare Introduction Attaining welfare has been a highly debatable topic in the economic arena. In fact, even in distinguishing and defining what constitutes it exactly has also been subjected to question and disputes. With this, it is not surprising to know that economists, sociologists, and politicians alike are on split-views with regard to the processes that must be incorporated in order to fully develop a welfare state. On one side, proponents contend that economic development is more important than democracy in promoting a welfare state while proponents on the other side continue to lobby that democratic procedures are more powerful in...
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How would have Robert Moses reacted to the economic development imperative

How would have Robert Moses reacted to the economic development imperative

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... Robert Moses Economic Development Imperative & New York By 20 May 20 May Economic Development Imperative &New York City This assignment revolves around the political system of New York City and one of the biggest builders of this city Robert Mosses. “New York City’s political landscape is more diffuse, fragmented and decentralized – a difference repeatedly noted for the past fifty years.” (Hyra 24) The economic system of New York City is much talked about and due to its diverse nature writers have written many books and articles on this topic. “Governance of the city political system involves a complex set of functions around three broad themes: democratic accountability, the delivery of public...
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The United States Economic Development in the World War II

The United States Economic Development in the World War II

11 pages (2750 words)
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... The United s Economic Development in the World War II Introduction The post era of the United s of Americawas between 1945 to 1960.Americans were worried about their economy after the Second World War. One of the worries was because their declined expenditure in military (Davis, 2012). They did not want to go back to economic depression that had been witnessed before. Following the World War II, the increase in the demand of consumers for commodities fueled a robust economic growth. One industry that benefited from the consumer demand was the motor vehicle industry. The automobile industry reverted back to large scale manufacture of cars. To add to that, electronic and aviation industries witnessed...
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Economic Development amid the Non (or Semi) Democratic political institutions in Southeast Asia

Economic Development amid the Non (or Semi) Democratic political institutions in Southeast Asia

14 pages (3500 words) , Download 1
... Development Amid the Non (or Semi) Democratic Political s in Southeast Asia Economic development is a vital aspect of any in the world as it reflects the quality of human life in them to a great extend. There are several factors that can influence the economic growth of a country such as availability of financial, infrastructural, human and other resources. Politics can also exert a powerful influence on the economic development of a country and this shades a lot of importance on the study of the relationship between economic growth and political regime. The analysis of such a relationship reveals the influence of regime type on economic growth and how it brings about this influence. This paper...
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Chinese Economic Development in the Context of Foreign Direct Investment

Chinese Economic Development in the Context of Foreign Direct Investment

15 pages (3750 words)
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... Introduction In the context of Foreign Direct Investment, China has achieved the most successful position in the last two decades. Starting from a mere US$3.5 billion in 1990, the fully utilized FDI inflow in China increased to US$53.5 billion in 2003 and US$92.4 billion in 2008(see Table 1 in the Appendix). (Ministry of Commerce of the People's Republic of China, n.d.) In the ranking of FDI stock, as reported in the Global Business Policy Council of 2005, China became the topper among all developing countries and the second best among the APEC countries, only behind the US. The FDI of China is mainly comprised of Greenfield investment. Foreign investment has turned out to be a crucial source of Chi...
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The Promotional Role of Commercial Banks in Economic Development in Oman

The Promotional Role of Commercial Banks in Economic Development in Oman

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... Report Purpose Commercial banks are extremely essential in a country because they not only boost the living standards of residence but also promote the development of the economy. This makes the commercial banks to be a crucial contributor towards the economy of a country. The government of Oman relies on the commercial banks to enhance the development of its economy. This study will give out an insight on the manner in which the commercial banks in Oman promote the country’s economy. The study will provide some evidences of commercial banks contribution towards the economic development of Oman. This study will help to seal gap in the prior research by establishing evidences that the economy of Oman ...
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Economic Comparison between Brazil and Argentina (Economic Development And Growth)

Economic Comparison between Brazil and Argentina (Economic Development And Growth)

8 pages (2000 words)
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... Brazil’s economy is larger, stronger and more stable. on the other hand, Argentina’s economy is resilient and quite fragile. Brazil and Argentina are countries in Latin America, which have nearly similar economic activities. However, Brazil is three times larger in area coverage Argentina with population that is nearly five times that of Argentina. Furthermore, Brazil is five times larger in real GDP than Argentina. Economic indicators used include availability of natural resources, Gross Domestic Product (GDP), unemployment rates, budget, inflation rate, international trade, exchange rate regime, interest rates, sectors, country’s investment and energy. Introduction Population and economic size...
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The Slowdown of Economic Development in China

The Slowdown of Economic Development in China

3 pages (750 words)
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... is one of the largest and powerful nations of the world economy. The economic growth of China has been one the fastest growing in the world. Recently China has faced slowdown due to economic slowdown in the world following the crisis of the global economic slowdown. Still the country has achieved GDP growth rate of more than 6 percent in the years following the crisis. This report will take a look at the slowdown of China and the causes of such slowdown. Discussion China for the past decade has seen specular rise in the economic growth. But it has faced many crises like democratic economic bubbles, astronomical debt and overspending. It is a classic case of history repeating itself. What rises comes...
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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

12 pages (3000 words)
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... contribution of the construction industry to economic development in Libya Introduction: The construction industry has a major and inherent role contributing to a sizeable portion of the national Gross Domestic Prouct (GDP) of both developed and developing countries (Ganesan 2000, Crosthwaite, 2000). Lowe (2003) has already argued about the significant range determined by construction industry in the national economies of both types of national settings. According to him this contribution in terms of value added varies between 7% to 10% in the context of developed economies and between 3% to 6% for the developing and undeveloped economies (figure 1). Figure 1 Figure 1: The Contribution of the Constr...
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Economic Development in India: the Informal Sectors as well as the Financial Economy

Economic Development in India: the Informal Sectors as well as the Financial Economy

15 pages (3750 words)
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... Economic development depends on the approach adopted by the policy makers in influencing development initiative. Emerging literature about economic state of India has explored the development of middle class, the marginalized, and the poor. Scholarship on the economic state of India project a regime of exploitation as well as exclusion of the poor. In essence, the approach promotes a wide social gap where a few rich people infringe or rule over the majority poor. Most critics contributing to the economic development notion settles that socio-political pattern is instrumental in defining development. The right-based approach, for instance, argues in favor of a development system that balances betwee...
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Mobile Phones and Economic Development in Africa by Aker, Jenny and Isaac Mbiti

Mobile Phones and Economic Development in Africa by Aker, Jenny and Isaac Mbiti

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... Summary of Article Mobile Phones and Economic Development in Africa” Proliferation of mobile phone usage in Africa has recorded significant growth especially in the past decade. Presently, mobile phone coverage stands at about 60% of the total population. It has been noted that rate of mobile phone adoption and usage has a strong correlation with cost of handsets and calling rates perhaps because of the low economic status of sub-Saharan countries. Although the data available shows a tremendous growth in mobile phone usage, clearer means of collecting more accurate data needs to be considered. This is because of the phone-sharing nature and the fact that an individual may have more than one SIM...
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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

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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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Problems in Economic Development s assignment

Problems in Economic Development 's assignment

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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 Relationship between the Investment in Petrochemical Industries and Economic Development

The Relationship between the Investment in Petrochemical Industries and Economic Development

8 pages (2000 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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Financial Institutions & Systems and Their Role in the Economic Development and Innovation

Financial Institutions & Systems and Their Role in the Economic Development and Innovation

16 pages (4000 words)
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... Institutions & Systems and their role in the economic development and Innovation Table of Contents Financial Institutions & Systems and their role in the economic development and Innovation 1 Table of Contents 1 Introduction 3 Theoretical Framework 5 Role of Financial Institutions behind Economic Growth 5 Role of Financial Institutions behind Innovation 7 Literature Review 9 Role of Financial Institutions behind Economic Growth 9 Role of Financial Institutions behind Innovation 13 Conclusion and Recommendations 13 References 15 Adelman, I. & Moris, C. T. (1973). Economic growth and social equity in developing countries. USA: Stanford University Press. 15 Chowdhury, A. (2010). Financial Sector Regul...
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The Tourism Industry with Regard to the Economic Development of the Local Population in the Region

The Tourism Industry with Regard to the Economic Development of the Local Population in the Region

15 pages (3750 words)
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... Strachan argues that tourism is a neo-colonial enterprise that marginalizes blacks. Write a research based ARGUMENT in favor of this assertion Introduction: Economic development within a region should include improvements in the lives of all sections of the society. In theory, this can be brought about by gainful employment in industry and competent service sector coupled with a favorable environment for investment by business organizations. The type of industry that can be developed in a region depends on the natural resources, the level of expertise within the labor force, the attitude of the government regarding developing its assets, and the perception of private investors willing to invest reso...
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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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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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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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Russia and China - Comparison of Economic Development Strategies

Russia and China - Comparison of Economic Development Strategies

14 pages (3500 words)
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... and China Comparative economic systems The remarkable change from communism to market economies across China, as well as Russia, began in 1970s. Since that time, some individuals, with a good number of them too poor, have been affected by structural changes in agriculture. None the less there is a wide disparity in the reform approach that states have selected. In order to understand the comparisons between the different states, we keep focusing on four broad groups of determinants. These include first, the manner the different states are structured, especially on the extent of decentralization. Second is the historical heritage of Socialism. Third is the difference in wealth as well as the organizat...
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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

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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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The Strategy of Economic Development and World Trade Via Free Markets

The Strategy of Economic Development and World Trade Via Free Markets

4 pages (1000 words)
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... Milner in his work Feaks, Greeks, and Cool Kids focuses on American culture which he thinks has not abandoned the consumer culture. He puts it that social ideals are for those people who work hard and play hard. He argues through consideration of preppie in the young age and bourgeois bohemian in adulthood with both the two groups working hard and playing hard so that they can at one time become lavish consumers. In the struggle to attain the status, hedonism as a culture in the set meets asceticism which is a cultural contradiction as it may lead to threat in consumption (Milner, 45). Exhortation in America to self-indulgence needed to continue with the consumption which potentially undercuts 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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Developments in the Freight Industry in Economic Development: the Growth in the Freight Transport Industry

Developments in the Freight Industry in Economic Development: the Growth in the Freight Transport Industry

19 pages (4750 words)
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... Developments in the freight industry have played a key role in economic development with major reasons for this growth in the freight transport industry mainly attributed to trade liberalisation, globalisation, falling transport costs, specialisation in production (Urbel, 2001). With this growth, much freight traffic have concentrated in major routes that serve airports, ports, and border crossings in a manner that that has greatly impacted the environment. The environmental footprint from the freight transport industry has been under great scrutiny over the past two decades with the industry facing increasing pressure to adopt ways through which to low its impacts on the environment. This is espec...
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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) , Download 0
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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) , Download 1
... 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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