Economic growth

policy in order to describe the political and economic situations and the demographic factors that led Deng Xiaoping in 1979 to formulate this legislation. This paper presents the positive, but especially the dramatic consequences of this law that affects today’s society. The “One-child” policy was one of the government's decisions regarding the family. The aim of the law was to reduce the strong demographic growth due to political reforms and the economic opening to the market. The purpose of…

contributions of multiple generations of migrants. However for too long, the economic contribution of migration to Australia has been devalued. Claims migrants steal jobs or undermine the labour market blur the public perception. Of course these claims are based on a premise that does not hold up. An economy is dynamic. In the first analysis in nearly a decade, the Migration Council earlier this year released a report on the economic impact of migration to Australia. The verdict is clear:…

In recent decades income inequality has become an emergent epidemic, specifically for countries experiencing rapid economic growth. Since the Mao era, China has grown increasingly susceptible to this problem as it has developed to become the second largest economy in the world. To further contextualize China’s economic growth, Wang Jisi explains, “As recently as 2001, China’s total GDP was only 12.8% of U.S GDP. In 2011, China’s GDP reached $7.3 trillion, amounting to 48.5% of U.S. GDP”…

States in economic growth. As a result of globalization the United States maintains its hegemonic status in international politics. Despite recovering from the financial crisis of 2008, at the time of writing this article, the author predicted that the United States will be able to sustain its leading position…

should be seen as a way to strengthen society and its ability to maintain a stabilized economy that is ever growing. However, throughout history, an idea that originated by Adam Smith, the founding father of economics, is that education should be used counter the negative side-effects of economic development (Gilead, 2015, p. 625). While his suggestions may not be in agreement with the majority of society today, his insight offers the critical issues surrounding the field of higher education, a…

Macroeconomics is the growth of the GDP, for that reason it quantifies production— market value of final goods and services sold in a country during a specific time frame. As a result, the key drivers of GDP in the long run are consumers, government, business, and financial organization’s spending. Wealth growth has influence on the U.S. economy, lower interest, lowers cost and effects aggregate demand. This shocks effects wealth growth, interest and exchange rates. As a result, the overall…

Introduction Located on an excellent location, Singapore’s major sea lanes and its productive population have given the country and economic value in Southeast Asia. After her independence, the economy faced decline due to her scarce natural resources. However, with the right implantation and policy, Singapore’s economy has seen rapid development, with a healthy growth of GDP. Given her scarce natural resources due to its small area, Singapore’s competition advantage lies in her human capital.…

India and China have become big players in the world’s economy in what seems to be overnight, due to such rapid growth. In The Elephant and the Dragon: The Rise of India and China and What It Means for All of US, Robyn Meredith lays out the history along with effects of this rise in India and China. One of the main questions is what should the United States do about this rise of what could be two new super powers in the world. China and India are transforming from poor and closed economies to…

Since there has been multiple accounts for industries contaminating living factors, there has been a plentiful amount of researches that have been finding solutions to these epidemics. This paper will reflect the numerous studies which explores economic country developments with industrial pollution. Canfei He, Zhiji Huang, and Xinyue Ye (2013) compared the development between the economy in China versus the pollution produced in China. Xiao-hui Liu, Wei-liang Wang, Shao-yong Lu, Yu-fan Wang,…

last socioeconomic, political and cultural reform has make the Philippines stands on the acme of the new era of prosperity. Philippines require a dynamic local consumer market and attract foreign investment by investors outside of the country in key growth industries. Strategic location of Philippines which flanked by the Pacific Ocean and the South China Sea makes it a critical point to some 500 million people in the ASEAN market. Therefore, Philippines this country offering larger trade…