World economy

Neoliberalism and political economy Neoliberal political economy is another form of economy within the capitalist mode of production and replacing the Keynesian welfare state with pro corporate state. Post Soviet Union disintegration; most of the state adopted willingly and some places forcibly implemented the neoliberal economy. The neoliberal economy unlike the previous capitalist model came with more unprecedented development advanced information technology and promoting aggressive…

making Samsung, LG, modern technology and brands are among the world-class. South Korea on the panel, dram, the semiconductor industry to help them refine the investment overturned bend, China learned this (I said is learning to support dram, the semiconductor panel, not a consortium), so we are now the semiconductor industry is to play the panel National team, and vigorously foster, railway track enterprise also merged to the world competition. South Korea was actively promoting broadband…

Women and politics seem to have never gone together. This ultimatum is present in many societies throughout the world. However, the severity of such claim is seemingly dependent upon a country’s overall development. This paper will discuss the link between women participation in politics and a country’s overall economic success. This study investigates two African countries that each share a similar gross domestic product (GDP). These countries are Kenya and Ethiopia. A country with a high GDP…

Panama, Venezuela, Brazil, Ecuador and Peru (World Factbook, 2015). Colombia is a diverse country in terms of ethnicity, linguistic differences and geographic features. Colombia has a history of armed conflict 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…

Silver Effects on Social Life and Economy Trading by exchanging goods was the way countries had acquired foreign luxuries for a very long time. Mercantilism, the idea that there is a fixed amount of wealth in the world and to increase a country’s wealth, the country must take it, led to European countries exploring other parts of the world for “God, gold, and glory.” As a result, European countries started to colonize lands in the Indian Ocean and Latin America to gain control of trade routes…

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)…

The global economy is under the watchful eye of economist, politicians, big business, foreign business, and consumers. Due to the increase in world stock markets, investors are noticing global growth. The global economy is impacting economic activities and affecting how we live. Economic activity involves how materials produced, distributed and the measuring level of consumption of goods. A globally social class associated with economics depends on the other for survival. Through, political…

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 well as factors that might prevent achievement of the two states. Economic,…

The development of communication and new technologies, and the use of Internet have made huge economic and political transformations. People, banks and industries use the cyberspace to trade their capitals among national and regional economies. Moreover, economic integration and economic globalization have shrunk economic connections across the globe. Goods and Services can be easily trade among nations because there are several facilities of transportation, control, and payment. The increase…

investment trends. 2.2 Background on BRICs Emerging Economies The BRICs acronym stands for Brazil, Russia, India and China. The term was firstly floated by a Goldman Sachs’s paper in 2001, which attempts to project global economic trends over the next 50 years.17 It was anticipated that the emerging economies of the BRICs collectively would overtake the G6 (the US, Japan, the UK, Germany, France, and Italy) as a major force in the global economy in less than 40 years. The actual economic…