which considerable influence the marketplace.(Kurzy.cz, 2016) The Czech Republic is the 30th largest export economy in the world and the 6th most complex economy according to the Economic Complexity Index. Czech Republic exports 396 products which share of global exports is larger than it would be expected from the size of export economy and product´s global market. (Atlas.media.mit.edu, 2013) According to data, export has increased in 7,3% and import has increased in 6,6% year-on-year,…
survival and functioning’s (Robeyns, 2003, p.26). What does this application teach us on capability approach? First, ranking of countries based on GNP per capita is different than those based on selected functioning’s. Second, a growth in GNP per capita should not be equated with growth in living…
in the environment and interact with living entities i.e., cells, organs and tissues, and cause significant impairment of physiological functions. Environmental biotechnology is developing fast. This is proved by the fact that biotechnology has a growth rate of 7 percent in the market of food and pharmaceutical applications. The advent of the industrial revolution resulted in impairment of the environment through the release…
Water, earth, fire, and air. The four major environmental elements, however; three of them are in danger. Water is becoming scarce and contaminated. The Earth is running out of room for natural habitats, farms, and cities. Most city air is heavily polluted. Although fire will continue to be a natural force, humans are destroying three of the four most basic resources in the world. Due to the “longevity epidemic”, people are living longer lives, creating a population boom that the world has never…
knowledge about how the U.S. economy (2015) was expected to continue on its previous growth path and on into at least the first quarter of next year (2016). The GDP growth rate is expected to remain somewhat consistent in the 2.25 percentage range. There has been a decline in the unemployment rate (now at 5.5 percent). There is also minimal improvement in disposable income that have raised spending. Simultaneously, GDP growth has also remained indifferent due to cautious consumers who have…
larger over the past decade. China’s interest in Africa embeds itself into economic, cultural and political growth the continent is parched for. Globalization comes with a price for Africa, but can America really point a finger at China for making a smart play in keeping a hand in Africa’s untouched cookie jar. Can other countries blame China for choking Africa’s economic development when the growth is too fast? Li Keqiang, the current premier of the state council of the People’s Republic of…
workers will cause migration concerns between many countries. Migration is expected to rise over the course of fifteen to twenty years. With the increase of migration among countries, urban populations will grow in countries with larger population growth rates as well as slow-growing population rates. Increasing urbanization will cause havoc on large cities because of increasing land restraints and other infrastructure restraints. Also increased urbanization will increase major cities carbon…
anything—growth development, prevention of spoiled food, and other strange matters. However, are all these chemicals truly necessary? Over the past couple of years, numerous speculations of artificial hormones injected into animals raised suspicion due to the increase of mass productions. With these chemical injections, farmers benefit from the increase of livestock because as reproduction rate increases, more money will be made (Jathar). Artificial growth hormones in animals affect growth…
The book entitled, Consequences of Long-Term Unemployment by AustinNichols, Josh Mitchelland Stephan Lindner(2013) tackled the effects or consequences of being unemployed in a long-term. It can affect individuals, families, and communities in direct ways. Being unemployed for a long time may erode the skills through lack of use. They stated that a depreciation or erosion of human capital increases as time passes, meaning in finding a new job that is the potential wages of an unemployed…
reducing capital for investment. While Argentina is a rich country, since 1974 their economy has recorded steady economic growth meaning that there’s very little to no progress being made in their economy. In Soto and Zurita’s research they blame fiscal irresponsibility on Argentina’s slow economic progress. The evolution of Argentina’s real GDP per-capita has been at around 1.1% growth per year between 1950 and 1974. After 1974 there…