Highlighting an interesting topic in the economic sector, Mr. Rick Newman develops a valuable analysis based on the data extracted from the Housing Market Recovery Index (Housing MRI) research project. Using two different charts that belong to the same general data (the market’s leading housing recovery cities and the market lagging housing recovery cities), this economist creates a close relationship between Unemployment Rate and the Average home price change since the housing market bottomed…
analysis of “Whither Cuban Socialism: The changing political economy of the Cuban revolution”, by drawing on the works of economic historian Karl Polanyi. Hamilton begins by outlining the six key stages of political development after the revolution, first of which is the nationalisation of the Cuban economy from 1959-1963. He gives an insight on how the 10 years succeeding the revolution brought about slow growth for the Cuban economy with increases in unemployment and inequality between capital…
technology and physical health of societies worldwide. The impact of globalization is complex, It has different implications on in each and every one of these areas. Globalization has been driven by policies that have opened local and international economies. Since the Second World War (Smallman, S., & Brown, K. (2011).), and in recent years, governments have adopted free trade economic systems, thus increasing their productive potential and creating new opportunities for people, trade and…
South West Africa People’s Organization (SWAPO) to power in the Namibian government, the Himba began facing social, cultural, and political change. SWAPO perceives the Himba to be “primitive” people that needs to adapt to the capitalist, globalize economy (Champion & Shields, 2002). The…
Throughout history, and in recent times, the emergence of democracy and the modern state has been the main focus and feature of developing, and developed states. The necessity to be successful in adapting to a developed modern state, or maintain the success of the state on a global international scale, can result from the pre-requisites of the emergence of democracy. In order for states to emerge, they must have the existing pre – requisites of the emergence of democracy and sustained…
network, causing African-Americans to not only lose access to work, but also to lose programs that invest in human capital. This is primarily due to a massive outflow of factory jobs and similar lines of work occurred in the 1970’s and 80’s when the economy shifted to…
as a democratic system. It is critical to stop neglecting the agriculture producing sectors, and to improve the productive capacity in these areas. There also needs to be improvements in industrial production in the urban areas, to diversify the economy (Senegal Economic Outlook, 2016). “Urban development provides opportunities linked to economic sector diversification and to transport infrastructure development” (Development Cooperation, 2012). A cohesive political system is necessary to begin…
and Devashree S., 4). The challenge is to ensure strategy for green business development, increase the demand for green products and create new jobs opportunities to ensure the workforce training programs can meet the needs of the market. Clean economy has been an important issue for the federal government. The government invest $50 billion into the clean energy industry and another $1 billion was invested on green jobs training. The Brookings Institution…
1:6.2. National Scenario Tiwari in his book- “Tourism and Socio-Economic Development” greatly emphasised the importance of domestic tourist in economic development of the state. No doubt, tourism is fast becoming global with an eye on quality. For instance the number of domestic tourists visiting Orissa in the year 1980 was 19,293 but increased sharply to 13,24,025 in2000, fuelling economic growth and development (Tiwari,2004). Today in India Tourism is the largest service industry with a…
Recent attempt have shifted to integrating small scale farmers to large economy. According to De Schutter involves two phases, one is the Agrifood industry demanding for land for development of large scale plantation to strengthen a global food supply chain. Similiarly, most of the industrialisation in Uttarakhand is concentrated…