Effects of Economic Growth on Environment

such as economic, social and environment situation. Firstly, if population increases, the cost of living will rise because of the increase in demand of basic supplies. Secondly, unemployment will increase for the younger population making it harder to find…

Structure and Change in Economic History through an examination of North’s theoretical propositions and an analysis of his application of these theoretical foundations to various historical periods of rapid economic transformation. Specifically, the first section will pull out North’s primary theoretical assertions and assess their merits relative to their primary theoretical rivals. The second section will examine two of North’s attempts to apply his theory of economic change to empirical…

have become accustomed to the assumed right that we all possess; to have as many children as we please. But the effect of this happening generation after generation has put the world in a crisis. The question at hand is, how many people can the earth support? Some things to consider when looking at this question are quality of life of the people, economic conditions, and the effect of the earth as a whole. This paper will demonstrate the need for a complete paradigm shift in the way we as a…

of the host economy to take advantage of the potential spillover effects of FDI. This suggests an inevitable roles institutions or intermediaries play to lure foreign capital flows and for that matter economic growth as Shaw (1973) recognized the importance of institutions in enhancing capital accumulation and economic growth. Taking cues from Alfaro, et al (2004) and Shaw’s (1973) emphasis on the role of institutions in the growth literature, the general assertion remains that, in the current…

Economic growth is the change of national income usually measured by real GDP(gross domestic product). Economic growth rates have fluctuated over the years and closely been related to economic construction and expansion regarding employment, inflation. Especially, sustainable, high economic growth is one of main objective pursued by most of governments. There is global hot issue associated with economic growth. Recently, China recorded 6.8% of GDP which is lowest figure since 2009 and has…

The concept of Sustainable development explores the relationship among economic development, environmental quality, and social equity (Rogers, Jalal & Boyd, 2005). The terms of Sustainable development has been evolving since 1972, when the first international community determined the correlation between quality of life and environmental quality at the “United Nations Conference on the Human Environment” in Stockholm. Gladwin et al. (1995) had stated that it was hardly possible to require a…

what exactly is meant by economic environment. An economic environment is made up of many different factors, firstly there are cultural factors to be considered for example when investing in a country such as Saudi Arabia an investor should be aware of the strict religious customs there and the effects this may have on the way they can conduct business or the product they sell. A second factor that makes up an economic environment is the political and economic environment facing business, for…

Pestle is a marketing planning tool which helps the business to focus on its external environment effects. These factors are such as Political, economic, Social, Technological, Legal and Environmental. Political: For a multinational firm to operate, one has to take care of the political rules and regulations of home and operating countries. Government regulations have a great impact on business dealings and operations. The imposition of taxes, quotas and custom duties are set by the governments…

The economic condition of the globe can be measured with different indicators which seeks to define the changes which have occurred and determine whether there is a positive or negative trend in the economic growth within various regions. Economic growth around the world is analyzed as per the regions due to the existing regional trading policies and the diversity of economic environments when the key driving factors of economic development are different (Acs, Groot, & Nijkamp, 2013). Many of…

non-rich poor? Is it possible that affluent nations have played a part in establishing economic structures that contribute to some of today’s hunger and starvation issues? Stanly Mooneyham states, “The heart of the problems of poverty and hunger are human systems which ignore, mistreat, and exploit man (Sidler 136).” Economics is central to our world. I believe there should still be an attempt to understand economics even though it is no fully understand by many. With that, I believe the only…