Political economy

Cuba has undergone extreme political, economic and cultural change since 1953 and is an extraordinary anomaly of communist rule, surviving in a capitalistic world. The Cuban Revolution of 1959, led by Fidel Castro and his 26th of July movement, saw the overthrow of the then Cuban President, Fulgenico Batista. Since the revolt, Castro governed a communist-socialist state and the country has experienced many political, societal and economic difficulties despite having one of the best education and…

revolutions because of lack of consciousness. Moreover, capitalism that associates with that society will not disappear because of past historical situations. 2. Nomenklatura Selected major position jobs and important political jobs that can have a big influence on the society, economy, politically, and the whole state. Those jobs were hired by the communist party to limit the power sharing. 3. False Consciousness Marxist theory that says that people are unable to see the nature of the things…

are very close, when the two countries are established, their economy system are both communism. But China had changed it into socialism and developed very fast in the recent 30 years. As the neighbor of China, North Korea still keeps communism and its economic power is very weakness in the world. The reason that North Korea keeps communism is under the communism economy, North Korea can effectively guarantees their security and political independence of the nation. Communism economic system can…

Comparative and Absolute Advantage This paper analyzes and compares the economic, political and cultural development of three countries; Australia, USA, and Canada. Further presents on measures of economic growth, comparative and absolute advantage in international trade. Economic statistics of the country, and reasons why their economy varies, and effects of international trade on their economic strength. Finally, analyze products that give the countries absolute and comparative advantage as…

impacts of these policies upon developing economies in particular are a central area of analysis in both The World Is Flat and Bad Samaritans. However, the conclusions drawn by the authors are organized into antipodal camps of thought. In The World Is Flat, Thomas Friedman posits that the effects of globalization have leveled the playing field of global…

and analytical history of the Irish economy, 1800-1850” the author Joel Mokyr tries to assess why the Great Famine of Ireland from 1845-1852 was so disastrous. Mokyr is an economic historian and as a result, the book is from an economic perspective and does not consider other factors outside of the economy as causes tot the famine. The majority of the book focuses on the lead up to the event and it is not until the last chapter when Mokyr discusses the economy during the famine. The layout of…

between resource abundance and economic growth. It will also evaluate the research methods used. The 4 main transmission channels In the last 2 decades, numerous economist and political scientists have described and analysed the resource curse…

assessing the strength and global dominance of a Nation over its adversaries. The components which make up a nation’s economy vary from one another as certain countries are geographically located to resources which make for a better economic source as well as the strength of a countries coastal structure. America a relatively new nation in the perspective of civilizations has the strongest economy ever in recorded history due in large part to the nations ability to produce products at high level…

is this days. moreover, other political entities are rising this days, headed by China are about to threaten America’s status as the worlds leading power.According to Farred Zakaria, America’s unbeatable economic power has lasted for more than a hundred years and its economy has been the largest economy in the whole world for the last hundred and twenty years. therefore, it is indeed quite surprising that in the upcoming few years and decades, the United States economy will face a rival- most…

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…