Low-carbon economy

Tracking a countries macroeconomic performance is critical to any and all countries willing to start up an economy, or trying to improve their economy. Countries seeking a solid performance report should primarily use income as their start up to finding the best possible economic route towards climbing out of economic drought. Income is the single most important factor in measuring economic performance. Gross domestic product otherwise known as “GDP” is the most frequently used measure of a…

an economic analysis theory that breaks regional economies into two sectors, the basic and non-basic sectors. The basic sector is viewed as the engine of economic growth, converting inputs from either inside or outside the region of analysis, and turning them into outputs for sale to other economies. It is then assumed that the existence of the non-basic sector exists to serve the basic sector. In the theory, money comes into the regional economy through exports, is paid to owners of land,…

William Easterly’s article “Was Development Assistance a Mistake?” (2007) seeks to contribute to an ongoing discussion regarding the efficiency of the foreign aid provided to low-income countries. Easterly is a Professor of Economics at New York University, specializing in economic development. He has held some prestigious posts as an economist and researcher at the World Bank, Journal of Development Economics and Aid Watch, to name but a few. One of his books The White Man’s Burden: Why the…

Andrew Jackson played an important role in the age of economic nationalism and growing political sectionalism. Economic nationalism is a circumstance in which a country attempts to preserve its personal economy by minimizing the amount of imports and investments from other countries. Political sectionalism is the support of a particular part of the United States of specific political interests. Economic nationalism and political sectionalism can be seen in Andrew Jackson’s actions in the South…

Why is capitalism a better economy and society than communism? Because capitalism gives individuals rights and has dynamism when properly used. Capitalism is far superior to communism as an economy and society. The first part of this paper discusses about communism. The second part of this paper talks about capitalism. Finally, the pros and cons of each system will be discussed. Communism Communism was an economic-political philosophy founded by Karl Marx and Frederich Engels. It was founded in…

indispensable part of the general public lives. In fact, there are more than ten million passengers used public transports in Hong Kong every day. This data of traffic flow was counted the visitor. To compare with other city, which have similar economies of scale and land area, such as Singapore and Taipei, the Hong Kong public traffic flow is very high. When the public transport usage is high. It means the road traffic flow is high. It will bring some problem such as traffic congestion. To…

Public transportation is a system of transportation that the government offer for people who cannot use private transportation. Previously, the primary objective behind public transportation was to give low-income people a method of transportation with sensible costs. Nevertheless, nowadays some private companies changed this principle by using public transportation as a business deal. Numerous individuals believe that public transportation is essential for them and it makes their lives easier,…

theoretical idea that plurality of actors in the are very important in the international arena. Actors such as private, non-governmental, businesses, and individual leaders shape a state’s foreign policy and have become an important role in the global economy. Liberal’s concentrate on economic freedom like free markets and capitalism as well as democracy as a political system. These freedoms are seen as cooperation and interdependence amongst the international arena. Their personal…

INTRODUCTION: In recent years different economic systems were introduced in the global economy, from which individual countries chose the most appropriate system that can be adopted. These systems each contribute to the smooth running of the global economy though they each have their own drawbacks. The purpose of this discussion is to analyse economic systems that have been introduced into the global economy namely, capitalism, nationalism, communism and the mixed economic system. Different…

Three Ideologies of Political Economy and beyond By Bernardo Creamer The ‘Prezi’ presentation “Copy of Three Ideologies of Political Economy”, used in class, is based on the ideas contained in the book by R Gilpin about political economics. Gilpin states that there are three ideologies that differ over a wide variation of questions such as: - What is the importance of the market for economic growth and distribution of wealth among groups and societies? - What should be the role of markets in…