International political economy

unemployment rate in 2015 was recorded at 5.3 percent in August of 2015, the same as in July, remaining one of the lowest in Europe. One of the reasons why policy makers in developing countries strive to attract FDI is to create new jobs in their economies. Zambia also has a high unemployment rate of 13.30%. If these developing countries sought to seek FDI then workers would be required and most firms would rely on the recipient country of FDI for workers rather than employ workers from the host…

I believe that this is due to the manner in which the European powers left. Instead of teaching the Africans how to properly run a government, an economy, and how to effectively harness and utilize natural resources, the Europeans simply packed up and left the Africans. As a result of having multitudes of natural resources and not knowing what to do with them, in addition to not having proper knowledge…

government’s right to rule. Tunisia is a prime example of a government that was – or seemed like – it was doing well politically, as well as socially, and the people believed in the government’s leadership. However, when the public noticed that the economy was becoming unstable, wages were lowered, etc., their disproval increased. They no longer believed in the government’s right to rule because they weren’t being protected or provided with basic opportunities (like having a job to make money in…

Economic growth is increase in the goods and services produced by an economy, typically a nation, over a long period of time (Economic Growth, 2018). Economic growth has different theories which are classical theory, neoclassical theory and new growth theory. The classical theory is a combination of economic work done by Adam Smith, David Ricardo and Thomas Robert Malthus in the eighteenth and nineteenth centuries. The theory stated that economic growth will end up due to the population growth…

School of Politics & International Relations Online Only Coursework Coversheet 2016/17 Student ID Number: Module Code: Module Title: Introduction to Comparative Politics Seminar Tutor: Dr Helen Williams Word Count: 1632 Disability Disclosure ☐ I am registered as dyslexic with the Study Support Centre who may have made recommendations to the School for reasonable adjustments in the academic environment ☐ I am registered with the Study Support Centre for a disability other than…

higher than it would have been had economics remained closed. However, globalization is still under attack. Globalization, an idea which was meant to bring prosperity to both the rich and poor, went south during the financial crisis. Though international trade flows have gradually improved over the years, global banks are still declining from cross-border lending while politicians are speaking to the fears of the public regarding migrant workers undercutting their pay. In turn, though global…

“Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all” - John Maynard Keynes (Quote investigator) Introduction Multi-national corporations seize their unregulated political power to maximize profit via unfair trade agreements and deregulating financial derivatives at the expense of human rights and tax paid by the general public. Corporate globalization reduces restrictions on the people who are already rich and…

degradation, despite increases in technological advancement, all point to the existence of these “geopolitically undercutting” trends. The subterranean trend which underlies a significant portion of Expulsions: Brutality and complexity in the Global Economy, is the trend of expelling individuals and biospheres which fail to contribute to the idea of growth in post 1980s advanced capitalism. After dissecting specific and distinct instances of expulsion, this trend very apparently underlies the…

types of laws on them. These types of restrictions can be imposed in several different ways, each of which have benefits and drawbacks to society. The government’s priority is not how prosperous the company is, they simply care about how stable the economy is after the company’s economic actions. Through the use of legislation, these government and regulatory bodies are able to force companies to make decisions they otherwise would not have made. This, as a result means that true economic…

the AUD can also affect the amount of the tourists that choose to visit Australia (Jack Gordon, 2012). A low Australian dollar means that Australian citizens are more likely to travel and spend their money within Australia because it’s cheaper. International tourists are also more likely to travel to Australia when the AUD is cheaper because it is better value for money for them. This affects businesses because the more people who come to Australia the more potential customers they could…