In addition to creating economic aid and loan packages for nation-states, The World Bank also gathers data that measures governance indicators useful to political risk analysts and businesses alike, but instead of gathering the data first hand, the World Bank aggregates these scores scores from a litany of other think-tanks such as Freedom House, the World Economic Forum, and the Gallup World Poll. Rating aggregate government effectiveness scores from 2014, Haiti ranks in the lowest 0.18th…
of U.S. economic growth, and nearly one-third of U.S. growth between 1992 and 1997 (U.S. Trade Representative “America and the World Trade Organization,” 2000) For the decade ending in 1999, the organization for Economic Co-operation and Development (OECD) reports that “more pen” countries achieved double the annual average growth of other countries. (OECD Observer Policy Brief, October 1999, p.…
Social Performance Corporate social responsibility is the the obligation of an entity for their actions to align with the interest of their stakeholders, the environment and society in general (Birt 2014). Qantas has eight key business principles and group policies in order to maintain a socially responsible business. These policies have been board approved and are non-negotiable. They are presented in a mandatory training program to ensure they are understood and reliably implemented by all…
Economic Globalization and Poverty: A Case Study in Nigeria. When Nigeria attained independence, more than 70 percent of its GDP came from agriculture and non-oil sectors of the economy. However, shortly after independence, Shell Petroleum discovered oil for the first time in a viable quantity in Nigeria. A decade later, petroleum products supplanted agriculture as the mainstay of Nigeria’s economy. In 2006, more than 80 percent of Nigeria’s revenue and expenditure were derived from proceeds…
the economic globalisation facilitated the blooming of its entertainment industry (Shim, 2008) by exporting their popular cultural to the world, which known as the Korean wave (Ravina, 2009). Entertainment industry is an important industry in South Korea, together with other industries, such as cultural and tourism industry, further generate the national income. In 2011, this industry is estimated to have directly contributed 7,549 billion Won (0.7%) of the South Korean GDP (Oxford Economics,…
Council 2016). With political pressure from the U.N., The Irish government will be creating new legislation to protect the cycling industry, ensuring its growth, as well as investing more money into the sustainable transport industry, the bicycle industry and into electric bikes. The figures for Dublin show that there has been a 1.5% increase in “sustainable transport users.” The government will need to do a lot more to catch up with Belgium (8%) and The Netherlands (25%) (World bank Group…
species to progress. The separation between the people and food production has led to environment, health, social, and economic problems within the United States and the globe. II. The…
prices of goods and services, and moderating long-term interest rates. Fed should be certain that the monetary policy they implement is effective; this will help the Fed to maintain stable prices of goods and services, hence supporting long-term economic growth and a maximum employment. There are three tools of monetary policy: open market…
clothing, shelter and access to services (Unesco, 2016). The other term relative poverty, defines poverty in the economic condition that people lack in order to maintain the standard living in the society. It focuses on the income and consumption aspect. But there is also a third perspective of poverty, which is the capability perspective. This is the lack of self-empowerment, the human development, not having the capability being able to take care of yourself due to lack of education (Unesco,…
Customer focused work cultures recognize that as customer relationships are vital to success, the customer is actually driving the organization. If you do not provide what the customer expects someone else will. Statistical Process Control (SPC): SPC might aid in identifying areas for future improvement. It involves…