In the fast developing world, there is no room for doubt that rapid economic development is one of the most successful achievements in human history,both in developing countries and developed countries. Countless people are sharing the improvement of living standard in many aspects. However, with the threat posed by the increasing environmental problems and resource shortage problems, considerable amount of public attention is being attracted to the achievement of sustainable development.…
notion is true. China is representative of a deviant case within Comparative Politics; the theory states that as a country progresses economically, policies reform and democracy will follow. While they are often considered one of the worlds leading economy, China remains an authoritarian state. The established linkages between democracy and economic growth have more often than not been in support of the claim that democracy does pose a cost in terms of subsequent reductions in growth rate. There…
The study on the Lincoln’s Children Zoo is not the only study that shows the extreme economic impact zoos and aquaria have. There are many other people that have researched, and show how zoos are economic generators for the communities. Based on the information interpreted by Thomas (2011), “Looking just at Texas, a study determines that AZA-accredited zoos and aquariums generate $884.2 million in economic activity annually for the Lone Star State. They also employ 8,998 people and provide…
Over the past five years there has been an additional 7,500 private sector jobs added to the economy. That created record high 155,720 average annual total jobs in 2013 (3-year Outlook, 2015). In 2014, Anchorage lost 690 jobs, but most of that decline was from job loss in the public sector. When oil prices last year took a big dip, Alaska went into a small recession, which hurt the State and City economy. They say that which oil being so inconsistent, they don’t know where their future lies…
The development of communication and new technologies, and the use of Internet have made huge economic and political transformations. People, banks and industries use the cyberspace to trade their capitals among national and regional economies. Moreover, economic integration and economic globalization have shrunk economic connections across the globe. Goods and Services can be easily trade among nations because there are several facilities of transportation, control, and payment. The increase…
The main goals that governments should provide support against the boom and bust of the market economy and those governments should invest in Public works to provide a “social safety net” (pp.77). Keynesianism criticizes the neoliberal economic measure of success, Gross National Product (GNP). The SEL model believes that GNP is not an accuate measure…
investment trends. 2.2 Background on BRICs Emerging Economies The BRICs acronym stands for Brazil, Russia, India and China. The term was firstly floated by a Goldman Sachs’s paper in 2001, which attempts to project global economic trends over the next 50 years.17 It was anticipated that the emerging economies of the BRICs collectively would overtake the G6 (the US, Japan, the UK, Germany, France, and Italy) as a major force in the global economy in less than 40 years. The actual economic…
The rise of industrialization at the end of the 19th century could be perceived two different ways. Although large scale capitalists had managed to create a boom within the American economy by creating Monopolies that made the capitalists wealthy beyond measure, the view of the general public was fearful. For it was the working class man that truly felt the harsh conditions they were subject to across all industries. In the gilded age, Chicago meatpacking company was the standard for how raw…
Introduction: Globalization is the process of global economic and political integration which connects countries with the facilitation of global communications. As technology rapidly developed in the past centuries, trade globalization accelerated. Global trade becomes economically and politically important to all countries. As more and more developing and low-income countries enter into the global integration, there is always an ongoing debate on the relationship between globalization and…
For the past 30 years, deciding where to build a new factory is not difficult for many multinational corporation. Because China is undoubtedly the most sensible choice, where there is sufficient supply of “cheap labor”, low exchange rate, and the government also provide some benefits laws to attract foreign companies. With the increasing of economic globalization, that’s starting to change. Multiple risks cause of multinational corporation began to seriously consider the question about “Build…