Political economy

Libya, Tunisia and Algeria are all anocracies which feature inherent political instability as well as a mix of both democratic and autocratic traits. Most obviously, all three countries are geographically situated in the North of Africa, and all neighbour each other. In terms of demographic, they also have similar ethnic groups…

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 Carolina…

The economic growth in China reached levels close to 8% in 2013. As the second largest economy in the world, this growth had a significant contribution to the global GDP growth, with the country contributing 51.3% of the global growth in nominal GDP (IMF, 2015). The country has adopted macroeconomic policies which have triggered a shrink in…

In Storper and Walker’s The Capitalist Imperative: Territory, Technology and Industrial Growth, economic growth is defined as “an increased in the productive powers of an economy” (Storper and Walker 1989). This is considered concrete improvement, representing real wealth, as opposite to capital accumulation, an abstract gain in purely monetary terms. Long term growth is driven by the goal of surplus generation through production by means of capital investment, strong competition and…

Many companies are beginning to set their sights on Africa for new business because of the improved political environments. Africa now is above average GDP growth rates and there is promise of more natural resources in a continent where everything still needs to be developed. Most of their growth has come from natural resources such as gas and oil. But growth has been slow to the economy. Doing business in the Sub-Saharan regions will still take time to development. There are still challenges…

on specialization and exports, their economies flourished as the gold standard and heavy emphasis on international trade simplified the exchange process and connected them with new markets. “Fortunes were made by people developing a primary production and shipping it to Europe or North America” (Frieden 73). Through the principles of free trade and the golden age, specialized exports like Cuban sugar and Chilean copper boosted their respective domestic economies and provided capital for…

There are numerous definitions pertaining to globalization; Merriam Webster’s dictionary defines globalization as “the act or process of globalizing: the state of being globalized; especially: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets.”(Merriam Webster) .The Oxford dictionary defines it as, “The process by which businesses or other organizations develop international…

feature of Finland’s rise is the exportation of a natural resource. Finland located and used a resource that gave them an edge in trading and sent their economy up. “The abundant forests provided the basis for Finland’s economic progress (Oinas, 2005).” This edge on the trading market allowed Finland to grow economically. As far as growth in the political sector, their history was a helpful resource. “With support from the state, the leading national elites, Finnish nationalism…

The risk map measures the level of political risk in emerging countries as an informational tool for companies looking to invest abroad. -The analysis accompanying the map stated that Morocco is relatively stable, with a business environment relatively strong compared to other countries in the region, and a moderate level of political risk. The difficult transitions that happened in Tunisia, Egypt, Syria and Libya were a lesson for the…

while it comes into existence for the sake of life, it exists for the good of life” (Camp). In a versatile attempt to foster a sense of community among citizens, the conception of the polis set into motion the development of organized society and political ideologies, further shaping our understanding of Greek anthropology in antiquity. During the Classical Period, a multitude of sovereign Greek colonies with similar cultural beliefs underwent a merging…