Economic Development Essays


Globalization Essay

Globalization: Advantages, Disadvantages and Concerns This essay discusses globalization and how social commentators and historians act like globalization is a new concept, but it’s not. It’s something that has occurred between nations for as long as nations have interacted. According to the SUNY Levin institute, “Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development, and prosperity, and on human physical well-being in societies around the world (2018). Continue Reading...

Open Source Software

Repositories (pp. 277-286). IEEE Press. Lerner, J. (2013). The comingled code: Open source and economic development. MIT Press Books, 1. Maurer, Stephen & Scotchmer, Suzanne. (2006). Open Source Software: The New Intellectual Property Paradigm, NBER Working Paper 12148. Necas, D., & Klapetek, P. (2012). Gwyddion: an open-source software for SPM data analysis. Open Physics, 10(1), 181-188. Spinellis, D., & Giannikas, V. (2012). Organizational adoption of open source software. Journal of Systems and Software, 85(3), 666-682. Vetter, Greg R. (2004). The Collaborative Integrity of Open Source Software, Utah L. Rev. 563 Vetter, Greg R. (2009). Commercial Free and Open Source Software:… Continue Reading...

Sacagawea Discovery Of American Territories

which assisted in identifying the potentiality of the places for the economic development.   Method Event changed Sacagawea daily life The event has changed the daily life of Sacagawea because, After two or three centuries, Sacagawea has still been remembered for her contribution to the American history. Moreover, her presence dispelled the notion of the native American tribes that the explorers had come to conquered their land. Thus, Sacagawea is still being remembered for her contribution and become the feminist figure in the American history particularly in the Women's Suffrage Movements and Rights. Today, Sacagawea has become a symbol… Continue Reading...

Vietnamese History Throughout the Centuries

also brought to the villages. This was a time of great economic development, infrastructure improvements including dikes, agriculture, manufacturing (such as ceramics), and foreign trade The bureaucratic regime lasted only for 40 years, then the aristocrats start to rebel, leading to disruptions in trade, and weakening the government The Mac family of the Lower Red River Delta creates peace again. They also embolden the Confucian values, increasingly patriarchal social institutions. This period lasts all the way to the 16th century. In 1592, the Nguyen and Trinh clans drive out the Mac and restore the Le clan to throne, even though… Continue Reading...

Economic Inequality and Austerity Motivator for Revolution

political violence. Muller, (1985) further asserts that "level of economic development has been found to be a stronger predictor of political violence." (p 47). The argument has been demonstrated with reference to the Iranian revolution between 1978 and 1979 where "The inequality hypothesis is also pertinent to the contemporary theoretical controversy between the relative deprivation and resource mobilization approaches to the explanation of collective political violence" (Muller, 1985 p 47). Although, lack of political representation may cause political upheaval in a country, however, the violence only last in the short run. The Hibbs model points out that a magnitude… Continue Reading...

Democracy or Not for Economic Development

developing its economy. The evidence shows that there is a pathway to economic development, even for the least-developed country, and this paper will elaborate on what those steps might be. South Sudan is a landlocked country of 12.5 million people that split off from the Sudan in 2011. South Sudan is a multiethnic society, with different tribal groups living in the basin of the White Nile, which flows from Lake Victoria until it meets with the Blue Nile. The split of Sudan came after years of civil war. The north of Sudan was Muslim, the south Christian, and that… Continue Reading...

Global Warming in 21st Century

when they themselves have developed their economies using the same fuels. If developing countries cannot achieve the level of economic development we have achieved, how do we expect them to cope with global warming? On the other hand, with the disastrous weather and climatic events that have already occurred, there is no doubt that we must significantly change how we power our economies if we are to reverse global warming. We cannot be talking of addressing climate change while at the same time burning more and more fossil fuels. The dilemma of paying for the price of global warming… Continue Reading...

Kuwaiti Public and Private Sector Job Market

immigrants were hired as contract workers despite their role in the country's economic development during this period. While the country later embarked on initiatives to hire more locals, the record oil price increase since 2003 made the government to resume hiring huge numbers of foreign workers. In 2012, non-Kuwaitis accounted for 69% of the country's total population, which implies that Kuwaitis are minorities in their own country and contributed to a demographic imbalance that has developed to become a major issue in the country. Based on the government's five-year development plan that was launched in 2009, the concept of… Continue Reading...

The Black Wall Street

problems arising from institutionalized racism and segregation. Another key concept is economic development. Like economic growth, economic development shows the progress made by any group or population. The area that encompassed Greenwood Avenue in Tulsa was once a place with little in terms of businesses, schools, and established residences. However, after the black business owners and consumers built a self-sufficient, successful economy, the town experienced a growth in real estate development and consumerism. This is a positive sign of economic development. The last domain is personal finance economics. The two key concepts that can be applied to Black Wall Street… Continue Reading...

Globalization Culture and Politics in Asia

which the country is dependent upon outside influences and forces on an economic level. As Lee and Lee note, economic development was slow for South Korea following the Korean War -- and the West helped out considerably in this department.[footnoteRef:5] [5: Choong Lee, Jennifer Lee, "South Korean corporate culture and its lessons for building corporate culture in China," The Journal of International Management Studies, vol. 9, no. 2 (2014), 33.] 5 With respect to the hat stand visible in the picture, all four senses link and can be said to be interdependent upon one another. First, culture, politics, economics… Continue Reading...

Solid Waste Management

as it could cause even bigger problems later on with the economic development and rapid urban development several of them are experiencing (Wang, He, Kim, & Kamata, 2001). The mechanism in use in these developing nations which involves the gathering, processing and dumping of public solid waste hasn't really proved to be very effective. Its major setbacks include; poor and limited collection services, indecent and exposed collection and incineration of waste without proper mitigation on water and air pollution, the control of scavengers and unauthorized waste pickers and the associated development of flies and other dirty creatures (Bartone, 1995).… Continue Reading...

Greece Economic Problems Analysis

but has also received several bailouts in recent years, and struggles with tax collection, and overall economic development. Tax evasion ranges between 6-9% of total GDP in Greece, which makes it a significant economic problem (Georgakopoulos, 2016). Recent Macroeconomic Data In recent years, Greece's economy has flatlined. The country has received several infusions of capital from other EU countries, but there is a lack of confidence in Greece that is hampered investment at present. The GDP grew 0.4% in 2014, slipped 0.2% in 2015, and was flat in 2016. The country ranks 191st in real GDP growth rate, and… Continue Reading...

Economy and U.s. Health Care

the nation’s economy by bringing about employment and GDP declines and a growth in inflation. Greater national expenditure adversely impacts economic development, to a considerable extent. Rise in workforce health insurance premiums has deterred investors from investing in the US and led them to turn their attention to Canada and other such economies having appreciably lower employer premium burdens. In sectors like the automotive sector, employee insurance at the time of manufacturing an automobile stands at 1,300 dollars, which is costlier as compared to the steel that forms the automobile’s body. This sort of huge premium decreases companies’ earnings following… Continue Reading...

Organizational Culture and National Culture Of Automakers Comparison

model. This is one of the biggest reasons why some countries have lagged behind others in economic development. An environment with fewer barriers allows people to innovate at the pace dictated by the market, and to take more risks. By removing barriers, people are freed to thrive at a higher level. That said, there are certainly other factors, such as resource wealth, market size and proximity to markets. A small island nation like Tonga will never grow rich selling coconuts; it's far from markets, has no domestic market to support business, and even the most capitalist regime would not allow… Continue Reading...