Political economy

unemployment rate in 2015 was recorded at 5.3 percent in August of 2015, the same as in July, remaining one of the lowest in Europe. One of the reasons why policy makers in developing countries strive to attract FDI is to create new jobs in their economies. Zambia also has a high unemployment rate of 13.30%. If these developing countries sought to seek FDI then workers would be required and most firms would rely on the recipient country of FDI for workers rather than employ workers from the host…

reality in migration policies. Generally this is explained through the inconsistency between the demands of citizens and long term political and strategic interests. There are three theoretical explanations for the prevailing gap between theory and practise in migration policies. The first suggests the outcomes of migration policy are best explained through the political economy approach. Policy outcomes are a result of the deliberation between rational actors who attempt to reach their desired…

Even though FDI location is influenced by the firm behaviour (a microeconomic factor) as the reasons of its location, that is whether it is resource seeking, market-seeking, efficiency-seeking or strategic asset seeking; the main decision is in fact taken on the basis of economic geography, which is a macroeconomic decision as it takes understanding of country-level characteristics (Popovici & Calin, 2014). According to them, the theory enlightened the success of FDI among countries based on the…

Africa re-joined the scene of international economies in the 1990’s during which time globalisation had begun to gain prominence. Its move from a socialist socialist movement to a democratic system in 1994 has been a major key towards its gain in economic performance during the globalisation period. This is as the first democratically elected president, Nelson Mandela moved away from the previous Apartheid governments acts towards South Africa’s economy. Mandela used the gains for the…

Aisha Zafar Prof. Muhammad Kabir PSC 102 Final paper Sachs v Easterly: Ending Poverty & Economic Development Foreign aid is a voluntary transaction of resources from one government to another. Resources can go beyond physical cash, such as food aid, institutions, debt relief and etc. To give aid is to assist the recipient government of economic development. It is to overall progress the lives of citizens suffering in poverty. By giving aid, it can be beneficial to all parties included, the…

As an international company, Honeywell encounters some benefits and challenges of globalization. Two key benefits and two challenges will be concerned. As for benefits, Honeywell can enjoy the scale economies. By producing a large manufacturing volume, it can minimize the average cost of each unit of production. Since Honeywell is a conglomerate company that produces a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, from…

EXECUTIVE SUMMARY: The topic which will be investigated in this issue study is how the value of the Australian Dollar (AUD) affects Australian businesses. This investigation will look at what influences the value of the AUD, the negative and positive impacts on the fluctuating AUD has on Australian businesses and the effect of the exchange rate has on the rate of unemployment. INTRODUCTION: The price of the Aussie Dollar can have both positive and negative effects on…

cultural values and beliefs within the recipient state. However, countries in dire need may not necessarily have the option to decline assistance or the power to negotiate terms that they find satisfactory. Those in extreme economic crisis may face political instability and/or increased mortality so significant that they cannot turn down the offer of assistance. This can mute the voice of recipient states. Protestors against economic institutions are frequently not so much against globalization…

Globalization is defined by Webster's Dictionary as the act or process of globalizing, the state of being globalized, especially the development of an increasingly integrated global economy marked by free trade, the free flow of capital and the tapping of cheaper foreign labor markets. So how does a company know the right time to make to step to becoming a globalized business? To answer this a few questions need to be asked and answered by the board of directors. These questions include if…

Abstract Tourism is an international activity that includes a combination of economic, political, social and environmental factors with more and more complex consequences. The touristic development creates economic benefits and costs from country to country and from region to region. This is mainly attributed to at the different economic structures of the countries or regions of touristic destinations and by their geographical position. The Historic and cultural objects play an important role in…