Demographic economics

Factors of Economic Development: Comparing India and China In today’s interconnected global economy, China and India are continuing to emerge as leading factors catalyzing the growth of globalization and economic wealth. An overabundance of labor and an increasingly educated population, both Asian countries have transformed their nations into highly influential economic powerhouses. As of 2014, China and India combined for over two-and-a-half billion, 36.737507%, of the seven-plus billion…

In this article the question of whether or not Sub-Saharan Africa is poised for sustainable, meaningful economic expansion with be discussed. The beginning will speak of the evidence pointing towards booming economic growth, the reason for the boom, and lingering problems. The expert will also discuss whether or not African economies are able to diversify away from natural resource production, if it is possible to provide enough jobs for fast-growing populations, and whether or not Africa is…

Another important aspect of globalization is immigration. Another major change brought about by globalization is immigration. As advances in transportation made the movement of goods easier, they also made the movement of labor easier. Immigrants make up a small, yet increasingly significant portion of the population, increasing from 2.6% in 1960 to 3.3% in 2015 (“International Migrants by Country of Destination, 1960-2015”). Nearly two thirds of them emigrated to Europe and Asia in 2015, while…

inequality in America. It’s no surprise that Senator Sanders saw great success on their messages; a 2015 OECD report found that the top 10% of Americans hold 76% of the nation’s wealth, a figure far higher its peer OECD countries. In addition to the economic consequences of wealth inequality, it poses a serious danger to younger generations such as mine. Inequality brings Americans further away from the American Dream, suggesting that mobility isn’t in fact possible. If this continues, desire…

The connections between technological advances, economic growth, and societal development have always been important aspects of humankind. The 21st century introduced an era of many incredible technological breakthroughs, one of which includes the “convergence [of] computers, televisions and telephones” molding a huge internetwork. Innovation is an inevitable outcome in today’s global age of connectivity and accessible resources, with new businesses established every day due to this swift and…

One major point made by Adam Smith in his philosophy of economics is the idea that self-interest is the main influence to the flow of capitalism. Self interest in this context is the desire to have personal gain, which as a whole promotes the state of the economy. Smith provides a metaphor for economic interest in “The Wealth of Nations” when stating, "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.…

For private label brand respondents average response was option 4(mean 3.9) i.e. respondents agree that people buy private label brand because price is low whereas for national brand the average response was option 2(mean 2.1) i.e. respondents disagree that people buy national brand because price is low. The difference in perception is significant. Table 6.12: Comparison In Terms Of Price TYPE OF BRAND MEAN S.D. t-VALUE Private label 3.93 1.23 30.7** National brand 2.13 0.82 ** SIGNIFICANCE AT…

neoconservatism over the recent decades. This is evident in the close tie between New Urbanism’s brand of urban values and its explicitly stated desire to return to certain past; the vernacular. This unbroken trend towards increasing economies of scale at the economic and organizational levels have since been enjoying increasing popularity, partly in the form of multifunctional shopping and entertainment destinations covering large areas camouflaged as small-scale, vernacular, and…

of the Government’s 1995-96 economic and financial program. “In the analysis of the causes of the Mexican peso crisis - and of its depth - consensus is emerging around a variety of factors. These include the large scale of the current account deficit, which had reached almost 8% of GDP in 1993 and 1994, as well as the fact that an important part of this deficit” (Stephany Griffith-Jones The United Nations University WIDER (World Institute for Development Economics Research) Causes and Lessons…

niche for your company. Growing Emerging Markets Developing countries will see the highest economic growth as they come closer to the standards of living of the developed world. If you want your business to grow rapidly, consider selling into one of these emerging markets. Language, financial stability, economic system and local cultural factors can influence which markets you should favor. Demographic…