even get worse with the plenty of their natural resources. The economic growth in Indonesia in period 1970-1980 was promoted by the inclined production of oil and higher price of oil on world market. Rosser (2007) argues that Indonesia on Soehartoe’s regimes could overcome resource curse because of technocratic influence on macroeconomic and fiscal policy.…
Input also known as resources could be human or financial resources as well as other necessary input to support the program. Activities are those events that produce the output. The output consists of the products and services available for the customers. The customers are the users of the products/services produced at the output level. The outcomes are benefits or changes resulting from activities and output. When it is closely related to the output, it is called short-term outcome. The further…
The YWCA is a non-profit organization in Spokane, Washington that provides women, children, and families in crisis, who are victims of domestic violence and homelessness, with access to services and emergency shelter. The YWCA’s mission is dedicated to “eliminating racism, empowering women, standing up for social justice, helping families, and strengthening communities” (YWCA Spokane, 2017). Since 1903, the Spokane YWCA has been committed to serving a wide variety of needs for women, children,…
In general short-term migration seems to be most prevalent among the socioeconomic marginalised groups; the poorest of the poor, illiterates, Scheduled Tribes and Castes, where they migrate from the rural area to urban areas. The micro survey of the Migration Policy Institute suggests that most internal migrants are between the age of 16 and 40 whose duration of stay is between 60 days and a year. Here the marginalised, scheduled tribes and castes are overrepresented in the short-term migration…
Factors of Economic Development: Comparing India and China In today’s interconnected global economy, China and India are continuing to emerge as leading factors catalyzing the growth of globalization and economic wealth. An overabundance of labor and an increasingly educated population, both Asian countries have transformed their nations into highly influential economic powerhouses. As of 2014, China and India combined for over two-and-a-half billion, 36.737507%, of the seven-plus billion…
1.3 The impact of macroeconomic releases on exchange rates Economic releases have an important role in the foreign exchange markets. Indeed, macro announcements produce effects on both returns and volatility. Neely and Dey (2010) show that researchers have long studied the reaction of foreign exchange returns to macroeconomic announcements and by doing so, they are now able to infer how markets react to news and how order flow helps impound public and private information into prices. Also,…
Statistics shows that a high rate of economic growth equals low unemployment, and when economic decline means high rates of unemployment. It means unemployment can affect a country’s economy easily. That is why most developed countries want to keep the unemployment rate as low as possible. Another effect of unemployment…
Manufacturers face different issues that affect their productions and supply. Manufacturers face issues such as global market forces, risks, development chain, supply chain and strategies. How are manufacturers able to go through all these issues and still keep up their place? The first issue is global market forces. One of the main global forces that manufacturers have to consider is sustainability and the environment. Many people are now environmental conscience by living sustainable lives.…
The underlying economic theory of the Social Darwinists is that the freedom that laissez-faire gives business and industry enables it to maximize profits and expand the economy. During the great age of Laissez- Faire, production in the United States increased 1200 percent. In 1870, Britain was the world 's leading manufacturer, with 32% of the world 's industrial production. In a period of rapid expansion, the United States expanded faster than…
point was to decide whether or not they should create a better path to legal status for the 11 million unauthorized immigrants. The act of legalization is a humanitarian act, but also it is a form of economic stimulus ("An Immigration Stimulus: The Economic Benefits of a Legalization Program"). Economic stimulus is the use of a fiscal policy to help a struggling…