Economic development

Economic liberalization and globalization have introduced Indian society to the global market in which India has developed a transnational labour force in technology call centers and an increasing consumer market within major urban areas. Furthermore, through globalization India has experienced large-scale diasporic emigration to European, South East Asian, Middle Eastern, and North American countries. Globalization has drastically altered manner in which labour is organized worldwide. This…

Over the past number of years, the Department of Foreign Affairs, Trade and Development has introduced various measures, including the introduction of multiple new General Export Permits (GEPs) to streamline the export process exports that are considered to be of low risk. Development priorities in Canada are increasing food security, securing the future of children and youth, stimulating sustainable economic growth, maternal, newborn and child health, environmental sustainability, gender…

engaging in terrorism funding, which led to sanctions being imposed on the country. Despite these sanctions, industrial production has continued to fare relatively well with a 7.4 percent increase in production in the third quarter of 2017 (Focus Economics, 2017). Nonetheless, this production capacity is a sharp decline from the production capacity a year before, which alludes to a 2.2 percent decline in production. The diplomatic row is causing the country’s economy to suffer, which translates…

In the novel, Scraping By, Seth Rockman illustrates the creation of Baltimore’s delicate economic system. Baltimore, at this time, is the third most populated city. The number of jobs available is very low and if a person managed to find a job in such a competitive city it is often plagued with such low wages that there was no possible way a laborer could be self-sufficient. Wages are determined by the employers. If the workers are abundant, wages would drop as a result. Workers had little to no…

knowledge economy times, due to the adoption of new technology, the labor productivity is improved, the labor cost is reduced. The use of new materials and new energy, the production cost is reduced, too. As a result, the phenomenon of economic appeared that the economic growth and price are not synchronized. The prosperity of virtual economy weakens the interactive relationship between money supply and inflation. Friedman argues that "inflation in any conditions of time and space is a monetary…

Alexander Hamilton was a brilliant man who had a keen insight on economic policies. He was a member of President Washington’s Cabinet and was the secretary of treasury. Hamilton always had an affinity towards the British Government because he believed that there government was well- run, and this affected the way he thought about economic engagement. Hamilton was an advocate for a federalist government, a government centered on a strong central government that made the main decisions for the…

Over the past few decades, local barriers to housing development have intensified through out high-growth metropolitan areas increasingly fueling the national economy. The huge add up of many barriers such as zoning, land use regulations, and long development approval processes has the in fact reduced the ability of many housing markets to respond to the ever growing demands. The growing harshness of undersupplied housing markets sends working families out of the market. This rigor of…

More than anyone around him, he understands the value of infrastructure, particularly water distribution system, and the life changing opportunities they provide to farmer. As he rises through the Thai bureaucracy rank to become Secretary of Rural Development, my grandfather led several construction of canals and water reservation systems that help irrigate the arid farmland in his village and throughout the drought prone Northeastern Thailand. Soon after, my father followed his suit by…

article discusses about the economic crisis and the challenges that will face the HR in the Middle East. Also, the article pointed out that oil prices lead to organizational restructuring in some organizations. Moreover, the economic crisis led some companies to promote many offers of their products that can enable them to compete in the market and improve company morale. Furthermore, the decline in oil prices lead to create and focus on human capital. Also, the economic crisis has opened the…

handling important customers. The STEEP analysis tool is a framework to “gauge how the external environment will impact a given company’s strategic plan to remain competitive” (Blum, 2009) . It stands for five elements which are Social, Technological, Economic, Ecological, and Political. For the sake of this study report, I’m going to take “Wal Mart” which is a leading and one of the biggest global retail companies in the world as my example. First, the Social Factor: Wal Mart’s international…