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    In his book, The Bottom Billion, Collier explores the reasons why poor countries fail to progress despite international aid and support. By his count, there are just fewer than 60 economies whose residents have experienced little, if any, income growth over the 1980s and 1990s. These countries are home to almost 1 billion people, who constitute this ‘Bottom Billion’. He contends that the Bottom Billion countries typically suffer from one or more, what he calls, “development traps” that hinder a…

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    to have a logistical population growth. Visually, the data and trend line of the graph create an S-shaped curve, which is the shape of a logistical population growth. A logistical population growth is a population growth that initially occurs at a constant rate of increase over time, but then levels out as the carrying capacity of the environment is approached. For 10 days the population increases at a steady rate. However, after day 10 the rate of population growth relatively decreases to zero…

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    Overpopulation According to the Cambridge Dictionary, overpopulation is an undesirable condition where the number of existing human population exceeds the carrying capacity of Earth. Nowadays, overpopulation has been a prevailing word, as it has triggered numerous problems in urban areas. To understand this issue thoroughly, it is important to declare the root cause of this matter. After the technological industrialization, a huge improvement of health care service and medical facilities has…

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    Overview 200 years ago, world population was less than 1 billion people. During the next hundred years world population increased by half a billion and finally known an incredible growth in the last century going from 1.5 billion people in the late 19th century to over 7 billion in the early 21 century. This great increase was possible due to an increase of life quality and progress in technology allowing lower birth death, as it was earlier in history. But the earth is not expendable, it has…

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    premise was adopted because the primary determining factor of a country’s standard of living is how well it succeeds in developing and utilizing its skills and knowledge, and…

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    Acemoglu Vs. Robinson

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    be difficult to parse out the effects of institutions when they have taken so long to evolve over time (e.g. Europe, China, etc.), but when the exogenous force of colonialism invaded, the difference in institutional development and future economic growth was stark. It is obvious to see that Spain set up extractive institutions in their American colonies and that England set up settler colonies which were far more likely to develop inclusive institutions; but, Why Nations Fail, broadens the scope…

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    The novel named “The Alchemist” written by Brazilian author Paulo Coelho, first published in 1988 and originally written in Portuguese. “The Alchemist” has become an international best seller; now as of 2016 it has been translated to 70 plus languages and sold around an estimate of 75 million copies. Publishing trend report that Paulo Coelho has become the most sold author in the world. Paulo Coelho’s writing style is substantially the reason this novel has attracted millions of readers. Paulo…

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    Primorsky Krai Essay

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    important subject of the Russian Federation, which is directly adjoining Northeast Asian countries, and might become new social and economic development center in the Pacific Rim in the foreseeable future. The regional GRP rate has a constant growth and takes one of the leading positions in the Far Eastern Federal District of Russia. The dynamics of the GRP point to the positive development for the last 5 years, with the slowdown of the economy in 2012 due to the cumulative effect of the…

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    The Fdi Fitness Theory

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    Even though FDI location is influenced by the firm behaviour (a microeconomic factor) as the reasons of its location, that is whether it is resource seeking, market-seeking, efficiency-seeking or strategic asset seeking; the main decision is in fact taken on the basis of economic geography, which is a macroeconomic decision as it takes understanding of country-level characteristics (Popovici & Calin, 2014). According to them, the theory enlightened the success of FDI among countries based on the…

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    on the verge of having one. Alcohol affects 17.5 million South Africans. In 2009 the World’s Health Organization reported that 60% of road accidents are related to alcohol. But the South African Medical Research Council suggests that alcohol is a factor in 50% of all road accidents. South Africans are consuming an excess of 5 billion liters of alcohol annually. This number is the highest in the world and continues to grow. The alcohol consumption of the youth of South Africa is of great concern…

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