Low-carbon economy

social media, and peer-to-peer software are enabling communication and organization in ways that are fueling the formation of a new collaborative economy. ‘Access over ownership’ is becoming the new consumption model and is changing the traditional economic system by expanding the volume of commerce and boosting purchasing power. The sharing economy can be defined as an economic model involving a peer-to-peer marketplace where goods and services are exchanged for a fee, barter or free. Within…

illegal activity. “ Between 1984 and 1992 the average salary in the informal sector grew by 10%, while in the formal sector the increase was only 3%.”(Rubio 805-816) In a greater sense, the growth of the Colombian economy is powered informal sector. Consequently, the elite, upper class and upper middle class are the main bodies behind this growth. Therefore, the poorer part of the community is left with scarce resources, uneducated and exploited. The greatest challenge, as a result, is security…

In The Wealth of Nations, Adam Smith describes a modern and efficient economy as one in which citizens have specialized skills that they are able to exchange for goods and services from others. Smith’s writings on this topic contributed to his title as the “Father of Modern Economics”, however, in addition to economics, Smith also wrote extensively about morality. The Theory of Moral Sentiments begins with a description of sympathy and how it contributes to a morally just society. It is evident…

The American workforce has changed drastically since the 1970s and between the ends of the 20th century. It seems like more of a transitional stage from a more industrial economy to a service based and consumer economy siphoning all of what used to be our strong industrial economy to other countries because products are made cheaper than they are in United States production. Places such as China, Southeast Asia, and South America are all responsible for this change over time in the American…

Economic Analysis of the Consequences of Corruption I. A Reduction in Investment and Capital Inflows Both Lambsdorff (n.d) and Tanzi (1998) are in agreement that corruption reduces the attractiveness of a nation to investors. Investors in this case should be understood to be both domestic and foreign. To this effect, Lambsdorff (n.d) affirms that corruption increases the risk factors of a nation, which are taken into account in determining the economic viability of a particular country as a…

researches were improved dramatically and could provide more targeted and focused results. The improvements that made in order to achieve that, was first the individual-level data that was used in order to track workers and second the focus on high and low skilled workers. A decisive study in the specific topic was done by Ebenstein et al. (2011). They measure offshoring by using data on total employment of foreign affiliates of US multi-national firms which are active in both manufacturing and…

residents as many of them attempt to create a better life for their families. A small slum located near the Mumbai airport, Annawadi highlights the juxtaposition of an Indian underclass and the growing economy of the country around them. While so many of these families, through an expanding global market economy, can see the benefits of globalization and capitalism, the potential upsides of these systems maintain out of reach as most Annawadians deal with the harsher realities of poverty,…

The results show three people in the class saying that they have been unsure of their next meal, 50% believe that they have been paid a salary too low, 25% are paying for college by themselves, about 58% are paying for at least some, and almost 92% believe that college is too expensive. Interpretation of Survey Results This survey has allowed to gain a much greater understanding the audience’s perspective on the issues I will be focusing on. I can create a speech that can focus on shaping…

self-sufficient. While the majority of Australia’s land is not useful besides for tourist purposes such as visiting the beach or the Dundee to see the wild life. Thus, Australia relies on outside people coming in for its main source of income. Australia’s economy has been primarily focused on the service sector, because of an increase of people seeking higher education, globalization, and spatial interaction. One thing that is unique about Australia is that it’s not just a country but it is…

types of laws on them. These types of restrictions can be imposed in several different ways, each of which have benefits and drawbacks to society. The government’s priority is not how prosperous the company is, they simply care about how stable the economy is after the company’s economic actions. Through the use of legislation, these government and regulatory bodies are able to force companies to make decisions they otherwise would not have made. This, as a result means that true economic…