Economic Growth and Poverty Gap Essay

investment (FDI) stimulates economic development. The essay consists of two portion. First, theories relating to the link between FDI and economic development have been considered. Second, the empirical evidence pertaining to the FDI-economic development link have been evaluated. The conclusion provides an evidence-based answer to the question of whether FDI is linked to economic development. The conclusion is that FDI does appear to contribute to the economic growth of developing countries,…

was for the purpose of diversification on the portfolio. The trend of IGHG was unexpected based on my initial position. Among underperformed ETFs, I expected LEMB to have a positive return because according to the Trading Economics, South Korea and Brazil had positive GDP growth rate and possibility of currency appreciation. However, I may have overlooked the designated period for the trading game. I focused more on the long-term forecast rather than focusing making a positive return before the…

country enter global market, it usually has to rely on low skilled labor which could not support for long term. Therefore, it is required by the government to invest and develop labor with technical capability and innovation to obtain sustain economic growth and to be competitive (Hassan & Sakar, 2013). If properly control with sustainable policies, globalization could be a useful tool in improving the human resource of the countries (Asongu, et al.,…

Immigration Australia’s population growth rate is declining at a rate of 1.6% (OECD, 2016). Over the span of 50 years from 1962 to 2012 the birth rate of Australians has decreased from 3.43 babies per woman to 1.89 babies per woman (Gapminder). This societal shift has had a huge impact on population, and therefore has also severely impacted Australia’s economic growth rate. A solution for economies experiencing a loss in population is an increase in immigration. “The purpose of migration is to…

Economic globalization has been occurring since mass transportation was engineered. However, it has grown significantly in the modern era due to an increase in technological capabilities. People who once were only able to trade after a long oceanic voyage can now access the internet and purchase goods from across in an instant. This increase in economic interconnectedness has had far-reaching implications for the world. Economic globalization has had a positive impact on the world, as nations…

examples. Weber would say that when showing the whole picture it is not sufficient to look only at class stratification and economic incitement. Therefore, he distinguishes between three types of strata: the social class, the status class and the party class. However, to this Marx would argue that even though there are these distinctions in the strata, they are still driven by economic incitement and material circumstances. In working with our project about dehumanizing language, Weber’s notion…

Results and Discussion Not only Hong Kong acts as a significant linkage between Mainland China’s outbound tourism market and in other Asia countries, but also Hong Kong has a unique outbound tourism market of it own. According to the report republished by UNWTO in 2010, Hong Kong ranked as the 4th largest outbound tourism market in Asia and 14th in the world regarding international tourism expenditure. (Export.gov) Also, Hong Kong has about 85.3 million outbound tourists in 2012 as well as a…

Two major problems that have become a menace in African leadership today is poverty and youth unemployment which is due partially to the region’s rapid people growth. It has been said that between now and 2050 Sub-Saharan African countries will be overwhelmed with a swift and rapid population increase as well as a huge population of youths in the world. It is therefore very much essential that administrations in Sub-Saharan African countries factor the mass increase coming from the next…

4.3 Inflation and Real Interest Rates Inflation is defined as a sustained increase in the general level of prices for goods and services as shown in table 6. It is measured as an annual percentage increase. During the crisis, USA and China saw a deflation as consumers were not spending to buy automobiles. Ford. In countries like India, the Inflation is high compared to the other markets of Ford and so the market pricing can be met only with the local production facilities. The real interest…

Nicknamed the “gathering place”, the island of Oahu in the central pacific stands majestically as the third largest amidst the other islands which make up the Hawaii archipelago. It is also the cultural, financial and top tourist hub of the Hawaiian Islands. Being the island that is home to the state capital of Honolulu, it is easy to see why it houses the largest number of people of the entire islands in this part of the world. There is so much to see and do in Oahu ranging from visiting…