Exogenous growth model

other countries, China and India is popular choices for investor as the two most populous on the Earth. Both are emerging economies that have illustrated average GDP growth greater than 7 percent over the few years*. Noticeably, both India and China are largest avoided by the global economics crisis in 2010,maintaining above GDP growth when western countries are suffering economics contraction. Despite of successful changes, we still need to consider further elements for our investment. It…

World Bank, as of 2011, the Indian economy is nominally worth US$1.848 trillion; it is the tenth-largest economy by market exchange rates, and is, at US$4.457 trillion, the third-largest by purchasing power parity, or PPP. With its average annual GDP growth rate of 5.8% over the past two decades, and reaching 6.1% during 2011–12, India is one of the world's fastest-growing economies. However, the country ranks 140th in the world in nominal GDP per capita and 129th in GDP per capita at PPP.…

Worldwide population growth is an issue that grows more and more urgent with each passing day. Our earth is nearing its capacity, and its important that we address this issue to avoid a worldwide state of emergency. Garrett Hardin and Clark Wolf both discuss this issue in detail, and offer their own solutions on how we should solve this problem. However, while Hardin presents a valid view of our world population problems, Wolf provides a more well rounded argument, and goes further to provide…

Review Paper : The Stages of Economic Growth After the World War II, the idea of ‘development’ became major concern of many countries and international organizations. Many researchers try to figure out how development works and how this process could help modernization process in the world. Walt Whitman Rostow in his article ‘The Stages of Economic Growth’ also try to figure out how economic develops. In his article, Rostow (1959) argues that economic growth in modern world is not a continuum…

The two cities I chose to report on are Downey and South Gate. The reasons I chose these cities are I graduated from Downey High School and I grew up in the city of South Gate. From personal experience, I know that they are similar in many ways but also differ in terms of their economy just by observing the cities. This report will discuss the economic development goals of the two cities with emphasis on how they compare and contrast to one another and will determine the desirability of…

vaccines against common tropical diseases. By reducing the incidence of illness and sick leave in the work force, these projects will increase labor productivity and, therefore, promote research, investment, and capital, stimulating long-term economic growth. In many developing…

Introduction The United States (The US) got its independence from Britain in the year 1776. The treaty that made it a nation is the Treaty of Paris that was signed in 1783 (Yang 2012). Before the 19th Century, only 13 states were members of the US. However, during the 19th and 20th Centuries, 37 more states became members of the union. The country expanded through North America, acquiring more land than before and more possessions than it originally had. There are two main traumatic experiences…

Imagine what it would be like to live in an overpopulated area. Now imagine what an overpopulated world would be like to live in. In today’s world the population is constantly increasing and will continue to for years. The continuous growth of Earth’s population will eventually lead to a population that is incredibly dense. Over population is when the community becomes so dense that it starts to deteriorate the community and its standard of living. This is an issue that needs to be taken very…

AD goes down, companies will product less and finally the GDP will go down, which means the economic growth will slow…

diversification from gold jewellery products. Demand for gold jewellery remains very strong because of cultural traditions, Gold jewellery sales - for weddings, in particular - will continue to generate volume growth for jewellery retailers. Platinum and diamond jewellery sales will generate margin growth. The shift to more profitable diamond jewellery has been smooth because India is the world's dominant processor of rough diamonds, with a monopoly position in the processing of small size and…