Political economy

context, we are going to discuss what are IOs, their roles, actors and non actors. What part UNO played and what it will play in future. What are the purposes and limitations of UNO and what UNO’s further agencies are contributing towards the World economy and prosperity. International Organizations An international organization is “aorganization that promotes voluntarycoordination between its members. Two main types of IOs: 1.International nongovernmental organizations (INGOs):These…

Introduction: According to the economic theory, world’s goods and services can be separated in two big sectors: Tradable and non-tradable. In the old days, any item that could be shipped was characterized as a tradable good and anything that couldn’t be shipped, like services or heavy goods was considered as non-tradable. However, technology and global communications have seen a sharp growth the last years and that led to a different perspective of that theory. Nowadays, with the help of that…

has the power, and lastly he fits in the charismatic authority because he was undoubtedly charismatic. Weber distinguished between “class” and “strata”. Is this distinction useful? Are all forms of social stratification not ultimately based on “economy”? Provide examples. Weber would say that when showing the whole picture it is not sufficient to look only at class stratification and economic incitement. Therefore, he distinguishes between three types of strata: the social class, the status…

resources a country has, and trading partners have the biggest effect on changing economic progress. Therefore, money should be spent on education, multiple resources should be used for income, and picking smart trade partners will lead to a better economy. Some of the strengths that the country has economically is their petroleum supply and minerals such as zinc, copper, and uranium. The weakness of this country is the job market with the astonishing unemployment rate of 53%. With knowledge…

Introduction There are two internationalization strategies which play an active role behind the development of small and medium sized enterprises (SMEs): exporting and foreign direct investment (FDI). They either act jointly or individually to affect the growth of such firms. FDI is more effective than exporting strategy for the growth of SMEs. A strategy which incorporates high rate of exporting with high FDI will have obviously higher rates of firm growth. Those firms who take up the…

informal economy interestingly can be known as the black economy, shadow economy, informal sector or gray economy due to its diverse activities and driven motives . Scholars argue that the informal economy is hard to measure because of the difficulty in defining the activities. Layman’s term the informal economy is the set of activities purposely done to escape from government reach or regulations, and this includes criminal activities. Ukranian Ministry of Economy, define the informal…

My interest in economics was developed since I was a child. I was given birth in a “financial family”; my parents’ works were all related to economics. Therefore, since I was young, I had the opportunity to observe and understand the financial work. In middle school, when my parents discussed economic events, I did not feel bored. To the contrary, I listened carefully and even made efforts to express personal opinions. Undoubtedly, sometimes my opinions were infantile and funny. However, my…

The present thesis, is aimed to analyze the social behavior of transnational corporations during the economic crisis of late 2000s. While the growth of world´s GDP was negative in 2009 (-2.1%) and many corporations experienced cuts in employment, limited access to credit, and reductions in capital and technological spending (Campello et al., 2010: 1), the social investment of many firms followed a counter-intuitive move by increasing their social contributions in more than 228%. Between 2004…

investments in residential building increases housing supply responsiveness better matching workers with job places. There is a high link between the housing stock, workers mobility and the labour market. To achieve the high level of employment in the economy it is crucial to allow people to relocate to sectors and regions where there is higher demand for their labour. The research made by Flatau et al. (2003) provides surprising evidence that the homeowners with the mortgage are more likely to…

thirsty for knowledge, questioned anything and everything, who dived into curiosity, and who increased the country’s worth. What many do not realize is the richness that education delivers to an economy. Author Mustafa Hatipler, in his article "Development Economics and…