Economy

Tourism is one of the fundamental sector that contributes to every country’s economy. Singapore, as a developed country, have witnessed the nation’s tremendous growth in terms of its tourism attractiveness and competitiveness. The evolution from a chaotic fishing village to a popular tourism hub in Asia. The tourist arrival numbers has been increasing yearly from 9 million to 15 million since the introduction of the Integrated Resorts as reported by Singapore Tourism Board (STB). Thailand, a…

Africa re-joined the scene of international economies in the 1990’s during which time globalisation had begun to gain prominence. Its move from a socialist socialist movement to a democratic system in 1994 has been a major key towards its gain in economic performance during the globalisation period. This is as the first democratically elected president, Nelson Mandela moved away from the previous Apartheid governments acts towards South Africa’s economy. Mandela used the gains for the…

Globalization is predominantly viewed from a more economic interaction point of view; with little attention given the consequences that global harmonization has on indigenous cultures. A lot of attention has been given to economic, trade and financial flows with universally binding or guidelines on how partners in the globalization phenomenon should operate. Issues of environmental and human right concerns, also attract attention, and even gain closer impetus than issues related to the cultural…

exports and imports is a key factor on the sustainability plan that governments have created around the country’s well-being. Not only do countries exploit their natural resources in order to maintain the demand and power they acquire in the global economy, but some solely depend on these resources to provide the purchasing and spending power necessary to sustain them. It is not often that people think of the Middle East as a region with a positive connotation.…

comprises of diverse nature of organisations, from different countries around the world has been enlarged. In addition to that, creation of cars has been decentralized as designated by the engineering of the production so that they can appreciate economies of scale and scope. Firm’s strategy, structure, and rivalry for Vodafone Vodafone business strategy is to meet the social needs of the customers in order to increase profit. They also took into consideration the specific needs of customers in…

“Concept Problems.” “9. Suppose real GDP increases during President Obama’s term in office at a 5% rate. Would that imply that his policies were successful in “growing the economy”?” (Macroeconomics Principles V. 2.0.) This would mean two things. The first thing would mean that his policies were successful if he found the country in a recession gap and his administration was the first to implement or find the solution to the problem. The second thing would be that his policies were not…

HSBC: China Strategy, Emerging Market Strategy and Facing the World Financial Crisis HSBC in China HSBC, in a span of 2 centuries since its inauguration, has tinkered with their strategy in international plain over a variety of ways in concordance to world trends, regulations and knowledge acquired through learning processes and experiences. Within its strategy, growth holds a constant trend as the tip of the spear, as is indicated by the high market development, while variations tend to…

acknowledges that sometimes collective knowledge can fail with disastrous consequences and suggests that groups are correct only under specific circumstances. Thomas Friedman, on the other hand, looks into the impacts that global cooperation has on the economy in his article “The Dell Theory of Conflict Prevention”. Collaboration fosters the opportunity to utilize the strengths and skills of everyone involved, which…

come from natural resources such as gas and oil. But growth has been slow to the economy. Doing business in the Sub-Saharan regions will still take time to development. There are still challenges that face new companies when doing business in the Sub-Saharan regions, the bureaucratic red tape, infrastructure issues like poor roads and unstable power supplies. The African continent is made up of very diverse economies. The regions still suffer from political corruption, instability, and…

From early on in Land’s End, Malia was shown to be a strong and work-focused individual. One of the more interesting decisions she made, was to keep a firm separation between the profits of herself and her husband’s work–paying her husband for his job as porter of her shallot corps. While not uncommon in Lauje culture, their relationship was an obvious example of how to separate and balance crops between a husband and wife. Malia’s decision to separate her personal and work life like this can…