Myanmar has opened to foreign investors to participate in exploiting their natural resources along with enhancing long-term mutual benefit through economic cooperation. In restricted sectors, foreign investors can propose a 50-50 joint venture with Myanmar citizens. In unrestricted sectors, the law permits wholly-owned foreign businesses or joint ventures with a minimum 35 percent foreign stake. Import policy Import of capital goods, industrial machineries, raw materials and other…
Venezuela is officially known as the Bolivarian Republic of Venezuela. It is a federal republic comprising 72 federal dependencies, 23 states, two federal territories, and one federal district. Located on the northern coast of South America, Venezuela is bordered by Colombia on the west, Brazil on the south, Guyana on the east, and the islands of Trinidad and Tobago to the north-east. Venezuela is spread out over 916,445 km2 (353,841 sq mi) and has a population of over 31 million (31,775,371)…
With nothing to improve the quality of life they had under former president turned dictator Fulgencio Batista from 1940 to 1955 were resources of education, infrastructure, and health care. The intent of Nationalization of private property was to develop a class of independent farmers to help the lower class. In reality Fidel Castro programme led to state land control with the farmers becoming more government employees. This revels the restrictions upheld by…
fugitive slaves fleeing to Canada. While the Dred Scott decision made by Chief Justice Roger Taney ended the issue of slavery making its way to the west, it eradicated he chance for further sectional compromises, and Republicans feared the potential nationalization of slavery. After Lincoln took office, Southerners’ realized a Republican president would never uphold the spirit of this decision; therefore, secession became the obvious decision for Southern legislators. The Southern way of…
major member for the Western countries especially the U.S. and Britain. Iran during the Cold War had many international and national problems that affected their economy. The changes in their government leaders affected their economy the most. Nationalization means to bring under the ownership or control of a nation, as industries and land (Dictionary.com). The Shah of Iran Mohammed Reza Pahlevi favored the Western influences. Iran’s newly elected Prime Minister, Mohammed Mosaddeq though was a…
Introduction Hong Kong, currently a highly developed city which is also one of the most important financial center on the global stage, has been experienced a series of historical incidents which finally created a very distinctive, complicated yet dynamic and investigable background for it. Due to the colonial era under the administration of British and hand-over to China in 1997, Hong Kong people, or Hong Kongers, have been showing the changes of their identity through the different period…
sympathizers and the war as the triumph of communism over fascism. The process of denazification in the East was used as a means of nationalization. The land of Nazi sympathizers, who were often wealthy, was taken. The land was redistributed among the citizens. This process was often corrupt though since land was not split evenly among the people. Nationalization was justified as antifascist policy since no one would wish to appear sympathetic toward Nazis. A referendum took place in Saxony…
The 16th and 17th century were tumultuous times. Starting with one humble man, Martin Luther, the two centuries transform and have to conform to the religious changes. Protestants and Roman Catholics conflicted heavily with one another. Soon, Protestantism spread all over Europe and Protestants were rooted in most of the populations. However, the dominant religion changed with monarchs, and this pendulum caused discord within kingdoms. Monarchs for variety of reasons wanted to deal with the…
The Chapter 6 of Suzy Kim’s Everyday Life in the North Korean Revolution focuses on the transformation of women’s political, economic and social roles in the post-liberation North Korea under socialist revolution. Meanwhile, the Chapter 7 of Kim’s book collects conflicting personal narratives of men and women who lived the post-liberation period, challenging the standardized historical narratives of the post-liberation Korea created by the regimes in Pyongyang and Seoul. Here, I would like to…
successful revolt against President Fulgencio Batista and established a socialist state in Cuba. The United States initially recognized the change in leadership; however, in 1960, Fidel Castro’s move to develop trade deals with the Soviet Union, his nationalization of foreign assets within Cuba, and the raising of taxes on U.S. imports led to swift, American retaliation. President Eisenhower established the Cuban embargo, froze Cuban assets within the United States, and severed diplomatic ties…