The Court “granted certiorari to determine whether a city’s decision to take property for the purpose of economic development satisfies the ‘public use’ requirement of the Fifth Amendment.” The United States Supreme Court agreed with the result in the lower courts. The Supreme Court held that economic development can constitute “public use” within the meaning of the Fifth Amendment’s takings clause to justify a local government’s exercise of its power of eminent domain to take private property.…
The theory of the leisure class, which was proposed by Thorstein Veblen in 1899, rationalizes the evolutionary development of human institutions (social and economic) that forms society, such as how citizens earn their livelihoods, wherein technology and the industrial arts are the creative forces of economic production. The production of goods and services was not intended to merely reach the material needs of society, but to earn profits for the owners of this production. The industrial…
movements through abolition and temperance acts, expand beliefs by caring for the insane, and take a stand by speaking up for personal rights . I believe that in today's world any development country like Bangladesh needs reform (such as policies, institutions, property rights,) for their country's growth within a system (economic system). In the article "Why Growth Matter" reforms helped china and India became the country that they are now. Both India and china were…
studies focused on the role of FDI in economic growth in developing countries. However, there seems to be no agreement with regard to the direction of causality between these two variables. This study focuses on the causal effect of FDI in Brazilian’s economic growth based on an econometric study with panel data collected during the last three decades, which was a phase in which many of the development countries introduced various political, financial and economic…
State and local tax incentives and tax breaks have become a widely used and acceptable economic development tool to attract new businesses to an area. There is much debate whether this is an effective method to stimulate economic growth, or just another loophole corporation’s use to increase their bottom line and avoid paying taxes on their earned revenue. Proponents of tax breaks and incentives argue that it is an effective use of tax payer money to create new jobs and promote growth to an…
1. Introduction Economic globalization has resulted in a global economic integration process. Following the development trends of economic globalization, economic communication is becoming more and more frequent. The language of accounting such as financial report used by international society generally, plays an important role in the process of economic globalization. At the same time the people involved are having a higher demand for it. Bushman (2003) argues the quality of the accounting…
make such people productive and alleviate their economic status. Fortunately, micro-finance practice in India like some other countries has much to offer to such underprivileged population, including poverty alleviation,…
With about 23,000 students, WU Vienna is one of the largest and leading universities for business, economics, business law and social sciences in the European Nation (Vienna University of Economics and Business). As a result, this educational institution unifies human beings from various cultural, educational and social backgrounds. Therefore, being socially responsible must be one of WU Vienna’s major goals to fulfill its role as an accredited educational establishment. Consequently, as a…
? The unprecedented economic recession that experienced by the United States of America in 2010 does not only give lessons among the economic policy makers, the technocrats, and among the American people. More importantly, it has become the benchmark of whatever socio-economic programs and policies to be implemented. Recently, the Obama Administration disclosed that next year would be most likely unproductive year for their fiscal performance and in terms of their Gross Domestic Product brought…
The Company: This joins all the organization inside gatherings such as economic, examination, administration, advancement and so on. Sony as an organization has an exceptionally prepared examination group of specialists, money related guides and administrator which keep Sony as an interactive media mammoth solid from inside…