International economics

America has opened up a path for a more progressive approach to extractivism to rise to prominence, albeit, not completely abandoning extractivism in the traditional sense, this neo-extractivist approach is the necessary compromise to ensure healthy economic growth and the social well being of the citizens. Countries such as Argentina, Brazil, and Uruguay have been pushing for substantial change in these industries by advocating for a more…

In analysing the usefulness of these theories in explaining the case of Guatemala, history and socioeconomic contexts prior to and during the development process is worth observing. The United States’ political and economic interests on the Latin American region was officially expressed with the articulation of the Monroe Doctrine in 1823 (Gilderhus, 2008: 5). The doctrine mainly served as a declaration of political independence of the American Continent from European colonial powers, yet the…

of people without jobs which would affect the Canadian economy. 4. What is the Canadian International Trade tribunal? The Canadian International Trade tribunal is an unbiased board that inquires into injury claims about dumping and duty proceedings listed under the 'Special Imports Measures Act'. They investigate trade remedy cases and…

Apple Incorporated, founded by Steve Jobs, Steve Wozniak and Ronald Wayne, is an international technology company based in Cupertino, California. Established April 1st 1976 as Apple Computers, Jobs, Wozniak and Wayne aimed to deliver personal computers to a mass audience (Richardson, 2008:online). However, Apple Computers shifted its focus from personal computers to consumer electronics, computer software and online services. This was reflected in their name change on January 9th 2007. Their…

6.2. Major Potential Challenges The benefits of One.Finance project are very convincing, however the upcoming international rollouts are complex and more challenging. It is very important to understand that the processes of One.Finance (OFI) are not much different from old processes in Germany. Therefore, rollout in Germany was pretty much smoother but for international rollout Deutsche Telekom will face some challenges as given in the following table. Table 6. 1: Identification of major…

This short paper will examine Michael Spence’s article, “Why China Grows So Fast,” printed in the December 23th, 2007 edition of the Wall Street Journal. In this paper I show that Spence’s article about how is it very important to understand the economic growth and the production function that have led Chine to grow economically fast. In addition, in this paper I show how an economy’s gross domestic product (GDP) in China is increasing due to their huge labor force and population. Also, in 1978,…

The goal behind free trade is to promote competitiveness. The economic system we live in today is formed around the idea of competition. This idea to produce more, buy more and make more money. Free trade influences the concept of producing more resources on a large scale to be able to sell more at a lower price. An…

2 The internationalisation Process Traditionally, the major activity related to international business used to be export, but today there has been a shift towards internationalisation of the company whilst achieving competitive advantage driven by globalisation, technology, politics and economical changes. Access to new and bigger markets for growth is one of the reasons of internationalisation and this is in turn influenced by the opportunities that exist in the foreign market (Masum &…

Robert Bates explores the connection between politics and economic ways of transformation in his book “Prosperity and Violence: The Political Economy of Development”. According to Bates political structure and economics of transformation is equal to the study of prosperity and violence, hence the name. Bates claims that for states to advance from a poor agrarian state to a wealthy industrialized society, they must go through what is called the “great transformation”. While all wealthy states had…

The articles, “Ten years on; International banking”, “When the music stopped; A brief history of the crisis” and “The millennial problem; Recruitment” by The Economist, were all very insightful into the 2007 financial crisis. It’s crazy to think that over a decade has passed and the country still has not fully recovered. Prior to reading these articles, I knew very little about the financial crisis and all its consequences. I was aware the financial crisis was due to banks lending out loans to…