Economy of Canada

social evolution. The progression of Russia in the 19th century – in economic, social, and political contexts alike - can be much attributed to the developments facilitated by industrialisation. Industrialisation completely reinvigorated the Russian economy and commercial pursuits in the…

Editor Comments: The paper effectively highlights a research gap on the interesting topic of service innovation. In addition, the paper makes a theoretical contribution concerning economic theory of globalization (Huttons and Giddens, 2001). On a constructive note, the unit of analysis needs to be clarified and the mix of top journal articles in the literature review needs improvement. A flaw in the paper is the lack of a conceptual model which would depict relationships between constructs and…

Jonathan, had issued an economic plan in 2010 that would increase transparency, diversify economic growth, and improve fiscal management (Gyong 23). Thus proving, economic diversification is needed to improve and grow their economy. In countries with resource rich economies, it important to accept new markets and technologies so that there are diverse sectors. Israel serve as a key example of this strategy to diversify. Oren Gershtein, Israel 's chief executive of Israeli technological…

NTRODUCTION A discussion about the Randfontein municipality and what challenges it is faced with when coming to the Local Economic Development (LED). Randfontein is based in the west side of Johannesburg, it falls under the West Rand District Municipality (WRDM). According to ( Reich, 1991) “ suitable economic policies could cure all economic problems by stimulating local economic development to create better human and financial capital flows”. South African government has developed a policy in…

The Unreachable Goal “As long as poverty, injustice and gross inequality persist in our world, none of us can truly rest.” -Nelson Mandela Middletown: A Study In American Culture, by Robert S. Lynd and Helen Merrell Lynd, dives into the their 18 month series of studies focusing on a conventional small american city, based on Muncie, Indiana. The studies focused on the social structure, norms, and economic inequality within the city’s working and business class. A common theme found within…

The new technology has the influence in the inflation as well. In the 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…

I do agree with the Norwegian and Japanese position on permitting the hunting of non-endangered species of whales as a cultural exemption. Many countries were founded on whaling including the United States. Whales provided a large resource of food, fuel and luxuries such as perfume. It is still a part of the United States ' culture as there are Native American tribes who still hunt to this day as part of their culture. If you take a moral stance against non-endangered whale hunting then you…

1. In part I, Keynes believes people are suffering from the development of a new economics period. He predicts the error of pessimism will be proven wrong in time. The pessimism that people believe violent change is the only way to protect them and the pessimism that people do not care much about economics and social life. He believes that the standard life of a average person has no change due to the combination of the shortage of “important technical inventions” and “failure of capital”.…

There is one more key reform to help developed Japanese economic development which is the Meiji land tax reform. The land tax reform was started by the Meiji government to collect tax from land owners. During the Edo period, land owners had to pay with rice, which was an unstable way to collect taxes. Every year, the production amount was different due to the weather and area that they live in, resulting in fluctuating taxes. During the Meiji period, to resolve this problem the government…

STATEMENT OF THE PROBLEM The pioneering 1991 liberalisation policy by P V Narasimha Rao government ushered in the era of globalisation in India. After the liberalisation, the economy witnessed a leap of growth in large industries and enterprises, but surprisingly the MSME sector, which contributes six percentage to the Indian Gross Domestic Product (GDP), 45% to total national export and employs around seventy million Indians, is still struggling to find its footing and reach optimum…