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 and 2013 the corporate social…
since the 19th century which has caused a severe damage to the country in every prospect. However, the armed conflicts had decreased drastically since the government signed a peace treaty with rebel forces in 2005. Colombia has the third largest economy in the Latin American region which has been on rise in the recent years (GlobalEdge, 2016). Political Factors In the 1960s, some insurgent groups and drug cartels started guerrilla warfare against the government. Amongst the guerilla groups,…
in a bastion of technology leading to vast advancements in how we deliver services. This shake-up of the economy has provided opportunities for new companies like Uber, Lyft, and Airbnb all of whom have taken up the mantra of the sharing economy. Opponents of the sharing economy point to the dubious labor protections and it's showcasing in Brave New World as reasons to avoid the sharing economy, however, a more pragmatic view of the issues would reveal its benefits including a higher…
According to Wikipedia , “ sustainable development is the Development that meets the needs of the present without compromising the ability of 2014). M. Hasna states that sustainability is a function of social, economic, technological and ecological themes(M.…
without having the ability to work together, nations could not advance. There are many reasons on how globalization affects human relations, however, I am going to talk about four things I found important: the history of globalization and diversity, social change, communication and quality of life. As the world becomes more culturally diverse, globalization and the effects on human relations is important to maintain civility and world order. “Broadly defined, globalization refers to a process…
identifies is Social Equity Liberalism (SEL). This model also accepts neoclassical economics as the primary and most efficient method method of stimulating social change. SEL assumes that it is the responsibility of the parts of the government to provide social supports for its most marginalized citizens. The “epistemological vantage point” of this viewpoint is also largely from the global…
Economic growth relates to the increased output within an economy. It can come from rural to industrial shifts, invention, innovation and technological progress; it requires savings and investment, along with a well-implemented policy framework and can be measured through the economies GDP. Haggard, (2004) suggested economic growth can result from productive inputs, capital and labour or from greater efficiency in their use. It can lead to economic development, which Michael Todaro (2011)…
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…
A refugee is an individual who leaves their home country owing to insecurity while seeking asylum in a foreign country that hosts them. According to Collier (2013), refugees are only beneficial to their host country to a given extent beyond which they become a burden. Hence, refugee numbers must be regulated to maximize the benefits of refugees while minimizing the demerits of refugees to the host country (Farazmand, 2014). This essay will discuss that the beneficial or disadvantageous…
functioning society and economy. Therefore, if individuals follow their own desire, the country as a whole will prosper, and individuals succeeding in an economy will receive profits. The other aspect of modernization theory argues that countries should industrialize as much as possible and move away from agriculture production (IR, 2014). Today, modernization theory focuses on the social elements that help progress the development of societies and aim to explain the process of social evolution.…