The essay "The US and Economic Development" explores if the US is well equipped to meet the challenges and opportunities that soft power presents and if it well equipped to influence other nations with the use of it’s soft powerd military…
Download file to see previous pages...
According to Nye (2004.p1) “power is the ability to influence the behavior of others to get the outcomes one wants”. The concept of soft power has its origin in the late 1980s by Joseph Nye Jr. Soft power is defined as the ability to attract and persuade others thereby shaping their preferences and making them do what you want. Hard power is the ability to make others what you want through inducement (Nye, 1990). On the one hand, it is argued that in many cases soft power works rather than hard power since it helps to get the desired outcomes without threats or force (Nye, 2004). Rather, it makes others do what we want through co-opting them.On the other hand, critics argue that imitation or attraction does not always necessarily lead to desirable outcomes(Cooper,2004).Four different definitions of power are given by Barrett et al(2001).These are the power inherent in an individual itself, ability to make others do what one wants, ability to control the contexts of people’s interaction and structural power. In general, power can hence be defined as a kind of ability to influence or control others to make them what we want based on all these definitions. This influence is obtained either through inducement, which is defined as hard power or through attracting others or shaping others preferences, which is defined as soft power. Hard power is often associated with military and economic strength while soft power is associated with the attractiveness of culture, institutions and information technologies (Windsor, 2000).6. Though economic strength is associated to hard power, it can be argued that economic wealth can also be used to attract others to get desired outcomes. Hence, it can be linked to soft power too. According to one viewpoint, only hard power gives US the powerful status (Cooper,2004)7 while the other viewpoint gives equal credit to soft power, which has worked well there (Fukuyama,2007)8. Moreover, the soft power index developed by Chicago Council obtains the soft power in US as high (USAPC Washington Report, 2008)9. The next sections critically evaluate this issue for US by examining the various dimensions of soft power in US
...Download file to see next pagesRead More
These groups tend to stay in their areas of origin despite the changes in Congo’s living standards. The Bakongo is the largest group in the country and they are mainly seen across the southwest Brazzaville area whereas the Teke group lives in north of Brazzaville, and it mainly represents hunters and fishermen.
Whenever the system of productivity & consumption of resources is strong in any country, it provides a tool for the economic development. Many poor countries have started from nearly zero to a better, if not best, economical system & have shown a remarkable progress in economical development over a short period of time.
They are idled, abandoned, underutilized industrial or commercial properties where perceived or real environmental pollution or contamination hinders redevelopment or productive expansion. There is existence of federal and state incentive programs that have the ability to redevelop and purchase a Brownfield site and make it a good investment or economic opportunity for many businesses.
These targets include price stability, controlling unemployment, achieving high levels of economic growth and making sure that the economy is in the state of balance in terms of international trade and balance of payment. If an economy grows in the all of the above said facets, that one can assume that the economy is developing.
The economic state of an area is said to be high when the area enjoys aspects such as continuous supply of clean water; constant supply of affordable electric power; quick and effective response to fire break outs; high quality medical services; high quality learning facilities at all levels of education; constant supply of affordable food stuffs; high quality transport services; affordable and reliable means of communication; availability of job opportunities; clean environment with fresh breath among others.
According to the paper China’s economic reforms started in the late 70’s and 80s with the focus on collectivizing the country’s agricultural activities. Chinese leader during this period attempted to transfer the heart of agriculture from traditional farming to household activities. These reforms extended to price liberalization, in a more gradual way. It became followed by fiscal decentralization.
The world is becoming more and more interdependent and whether you think globalization is a good or bad thing, it is here to stay. Seeking to explore the present international economic situation with an eye to the main theoretical approaches to the globalization phenomenon, different theoretical paradigms will be analyzed.
The former term refers to a specific parameter used to denote a region's or country's economy. However, economic development refers to a much broader aspect. It normally covers other realms that are usually ignored on economic growth, for instance, aspects such as social justice, environmental concerns and freedom.
er than the common focus on income and wealth, or on mental satisfaction or processes, Amartya Sen suggests a focus on what he calls capabilities - substantive human freedoms. And he argues for a broad view of freedom, one that encompasses both processes and opportunities, and
ach to the systematic economic strategy that led the postwar Japan out of the perils of the disastrous effects of the war to be one of the most powerful economies of the world. The paper also tries to analyze how unique was the Japan model of economic development and how its
8 Pages(2000 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic The US and Economic Development for FREE!