Economic Growth and Development Essay

Gender Inequality and Economic Growth: Their bidirectional relationship “Gender inequality is a fact of life in most parts of the world, particularly in developing countries, where significant gaps between men and women are present in the labour market as well as in political representation or bargaining power in the household” (Cubares and Teignier, 2014; 260). In the Global Gender Gap Index 2014 of World Economic Forum, most countries in the bottom of the ranking (or the countries with high…

The more economic news and blogs I read, the more questions I have in my head. With the wish to discover answers to these questions, I love “challenging” my Economics professors with all the “what if?” questions about recent world events I read online. My passion to know how governments make decisions have made me realized that my career goal is to be involved in these policy decisions but my current knowledge is not ready for it. UofT’s Department of Economics is known to be one of the bests in…

in the early 90’s, was the NABARD’s pilot movement for the promotion of financial inclusion amongst the poor population. Although SHG-BLPs offer loans at lower rates as compared to MFIs, the growth in disbursements by SHG-BLPs has been slower as compared to that by MFIs. MFI credit has recorded stronger growth as compared to rural bank credit due to the following reasons: • The door to door service offered by MFIs. • Lower processing time and lesser documentation while processing a loan • Lack…

political independence was attained, there was rapid expansion of the education sector. From 1950 to 1980 there was rapid expansion in the growth of the education sector (cite this). On the other hand, in the period 1981-2009 there was a rapid decline in the growth of educational sector (cite this). During the period of growth in the education sector the growth was largely due to an increase in access to education in Nigeria. For example, the number of students in primary schools was 626,000 in…

a significant role in the economy (kohli, 2006). Atul Kohli argues that the growth witnessed in 1990s is due to the reforms and policies taken in the 1980s and cannot be solely attributed to the 1991 reforms. Thus the neo liberal cum pro market interpretation of the growth in 1990s clearly ignores the empirical evidence provided by the growth witnessed in 1980s. Through Atul Kohli article it is evident that economic growth in India has boosted before the1991liberalisation policy; it is also…

Why the bike-sharing industry is popular in China. Background of bike-sharing industry in China. The bike-sharing industry which is one of the shared economy.The Sharing Economy is a social-economic ecosystem built around the sharing of human, physical and intellectual resources.It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organizations.(Benita Matofska.2016) For example Airbnb, Uber,Mobike and Ofo. The Mobike…

economy. China’s advancements in agriculture, technologically, and the sustainability of the population was a great factor that played a role in China’s economy. Agriculture is a main factor of improving China’s economy because it helps improve the growth of crops and the production of food to increase the population which increases the economy. Fast ripening rice was acquired in Vietnam when imposing into Southern China and Vietnam, they found a strain of fast ripening rice. With this…

between economic development and the risks to relapse to conflict, relationship that indicates that both growth and higher levels of income that growth cumulatively, bring risks down. Nonetheless, economic theory has not yet reached a consensus on the economic impact of conflict. On one hand, neoclassical growth theory states that an economy recovers relatively quickly, and converges to its steady state. By the contrary other theoretical approaches argue that come back to their initial growth…

shaped the way we approach economic growth as well as the field of macroeconomics. Before the advent of the Solow Growth Model, one may fail to appreciate the intellectual breakthrough that it was; as then, the most common approach to economic growth was with reference to the Harrod-Domar model. Solow was successful in demonstrating why the Harrod-Domar model, that emphasized potential dysfunctional aspects of economic growth, for example, how unemployment and economic growth go hand in hand,…

$53,637. The percentage of person without insurance is 12% and the poverty percentage for Denver is 15.7% Reason for the increase populations over the years includes economic growth, job availability, mountains and outdoor activities, and also because of the legalization of marijuana. In 2014, the Metro Denver Economic Development Corporation noted that over half of the people moving to metro Denver were millennials. This increase in millennials also increases the amount of marijuana use as…