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of the country to lay the groundwork for 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 is largely the… Continue Reading...
benefit in manufacturing (Wolak, 2011). This paper offers an evaluation of economic development methods and both, relative and absolute, benefit in global trade as it pertains to the USA, China as well as Germany.
USA
By having a great quantity of low-priced work crews compared to the United States, it is no wonder that China as well as other developing nations, around the world, focus on the creation of labor-intensive items. For equivalent motives, the US may focus on the creation of products which are not only human but also physical-capital intensive due to the comparative wealth of a highly-knowledgeable work… Continue Reading...
a member of the EU, 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 71st in GDP per capita (CIA World… Continue Reading...
for female empowerment as well as economic development (Fitriani, 1).
Additionally, a large number of initiatives for improving financial service access have been extensively implemented for providing better opportunities to the poverty-ridden class of society. Though mixed outcomes are noted with regard to initiative success, analyses of gendered micro-financial service targeting reveal male beneficiaries do not contribute as much as their female counterparts to familial food security and overall wellness. Though microcredit programs display potential when it comes to increasing females’ self-confidence levels and small-scale earnings generation, they may play a role in increasing their susceptibility… Continue Reading...
hearing, headed by Councilmember Kenyan R. McDuffie and the Committee on Business and Economic Development on March 5, 2018. The substantive content of the meeting comprised four separate urban development issues including the redevelopment of waterfront station, parcel easement, the redevelopment of center leg freeway, and a Spring Road disposition approval. Each of these issues are legislative bills being proposed and were discussed in order including PR22-0629, B220609, B22-0632, and PR22-0717, starting with the waterfront station disposition approval resolution. Although they are different resolutions, each of these revolved around development, use, or appropriation of publically held property. The meeting shows in a general… Continue Reading...
to sustain economic development (Tyagi, 2006). India’s military also serves a… Continue Reading...
impact upon a nation’s social and economic development, given the link between female literacy and lower birth rates, lower poverty rates (as a result of smaller family sizes), and improved health outcomes.[footnoteRef:2] This paper will compare the literacy rates of Cuba, the Central African Republic, Iran, and Myanmar (Burma) in general terms and in female-specific terms and show whether these general principles regarding development and female literacy are supported. [2: Robinson-Pant A. “Women, Literacy, and Development: An Overview.” Literacies and Language Education. Encyclopedia of Language and Education (3rd ed.), edited by Mary B. Street.Springer International Publishing,… Continue Reading...
in Mexico provides a window into understanding U.S.-Mexico relations. By promoting tourism as a path to economic development, Mexico shows that it is still dependent on the U.S. This is the same U.S. that fought a war with Mexico, took land from Mexico (the southwest region of America), and still continues to treat Mexico with condescension (threats of building a wall, calling all immigrants rapists and murders, and knocking down the culture of Mexicans). Yet, Mexicans should think that relying on Americans for tourism is a good thing? Instead of relying on the tourism industry for economic development, Mexico should be developing its industries. After all,… Continue Reading...
issues should be identified and nabbed. (Mingst and Arreguin 2011. 169)
2- Reasoning with clear ideas and examples, provide at least two main justifications for International Economic Development as a legitimate component of Globalization, and two of its main criticisms? Have a working definition of International Development even if highly elastic and normative. How is this distinguished… Continue Reading...
are expected to further enhance ongoing economic development efforts. Against this backdrop, both the UAE and Japan have recognized the importance of establishing and strengthening bilateral relations, and these efforts expanded significantly over the past half century.
Some salient demographic and economic statistics for the UAE and Japan are set forth in Table 1 below to provide an overview of their current status.
Table 1
Salient demographic and economic statistics for the UAE and Japan
Statistic
UAE
Japan
Population
9,701,315
126,168,156
Religions
Muslim (official) 76%, Christian 9%, other (primarily Hindu and Buddhist, less than 5% of… Continue Reading...
episodes that markedly affected the economic development of the African continent during the last five centuries” (221). In essence, slavery was largely focused on the exploitation of human capital – whereby captured natives were expatriated to provide labor in diverse settings. For instance, European economies during the slave trade era were in need of sufficient labor to exploit vast and fertile lands they had seized in the Americas.
According to Mukhtar, Kura, Abba, and Ahmed (2013), agricultural exploits in the Mediterranean, particularly sugar plantations, were largely powered by the trans-Saharan slave trade. At the same… Continue Reading...
populations and economic sectors. Analysts, for instance, observe that healthcare expenditure hinders economic development in general but has the potential to promote economic prosperity and development in particular economic segments as well (Sood, Ghosh & Escarse, 2007). Comprehending these impacts of healthcare expenditure necessitates evaluation of these elements.
The CBO notes that federal health care program spending is increasingly rapidly, and with that comes the need to fund that spending. It notes that the Affordable Care Act has served to reduce the cost burden of health care on the economy, in particular on consumers, but only by means of slowing the growth… Continue Reading...
a progressively more significant role in the public administration of emerging and developing nations. From an economic development perspective, projects add to the assimilation of markets by connecting productive activities, facilitate the organization and technology for the transformation of raw materials into socially and economically beneficial goods and services, and institute the physical infrastructure that is essential to increase interchange amongst organization and geographical expanses. Projects make available the channels for public and private investment, re-station unutilized or underemployed resources into productive uses, and provide increased prospects for entrepreneurship (Rondinelli, 1976). In a wide-ranging setting, projects have grown to become, in numerous developing nations, instruments for… Continue Reading...
on economic development, and prosperity, and on human physical well-being in societies around the world (2018). Globalization has been around for thousands of years because people have been buying and selling to one another all over the world regardless of how much distance was between them. For hundreds upon hundreds of years, people and companies have made strategic investments in the work of other countries, with many of the current traits of globalization that dominate today comparable to those that were the norm before World War One (SUNY Levin).
However, with… Continue Reading...
this presents a great opportunity for Emirates Airlines because of the healthy economic setting. Therefore, the company should capitalize on the health economic setting to advance its business operation.
2. Economic development
It is imperative to note that the economy of the United Arab Emirates has been largely supported by the oil industry. However, in recent times, the government together with the private sector has made significant investments into other industries and sectors in the UAE economy, for instance the trade and commerce sectors. This is an endeavor to facilitate the UAE to be an attractive and appealing business destination to world. As a result, this has directly impacted Emirates Airlines in a positive manner in the sense that increased… Continue Reading...
costs, it would be appropriate to conduct some background checks. The creation of the Office of Economic Development (OED) was key towards the enhancement of workforce development. In essence, this provided Mayor Norman Rice with the appropriate foundation to power through his social equity objectives. Together with the Seattle Jobs Initiative (SJI), many of those who lacked adequate incomes were able to access living-wage placements and postings. It is, however, important to note that the social equity agenda of Seattle was challenged by larger regional trends whereby the resulting economic growth ended up edging the living costs higher. Housing costs were also driven up. Currently, with… Continue Reading...
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 taxes and the overall income earned for each household. This… Continue Reading...
multiplied to manage and counter terror attacks - which happen to be modern day's most worrying aspect of insecurity and economic developments on the global scene (Bamfo, 2013). Terrorism stands on the way of many development agenda. It is as much a hindrance to the national economic agenda as much as it inhibits efforts to attain the Millennium Development Goals. A lot of resources are focused on reconstructing installations that have been destroyed. Sometimes, there is heavy ransom that is paid to these groups for abductions. There is need for cooperation among African nations if peace and tranquility is to be achieved.
Literature Review Findings
African countries have made commendable… Continue Reading...
system is associated with some community benefits like lessening traffic congestion, reducing pollution, enhancing economic development, and job creation. Therefore, this regional transportation district would significantly benefit from increased development of light rail transportation system.
To help enhance the development of a light rail transportation system in this district, voters have just approved a mil levy (property tax) increase to fund the system that connects the current system to a commercial airport located nearly 20 miles from the urban core of the city. Funding for this system is critical toward enhancing its development given that the creation of a light rail system would help… Continue Reading...
together to restore the competitiveness of the economy. Businesses must pay greater attention to training and development opportunities, compensation, public education, economic development, as well as community building. State and local governments must encourage cross-sector collaborations, develop workforce skills, revitalize local education, promote entrepreneurship, improve infrastructure, and craft regional economic strategic plans. At the federal level, there must be reforms in corporate taxation, immigration, international trade, communications and energy infrastructure, health care, and public education. Addressing these areas can significantly improve the business environment and the standards of the average citizen, thereby reversing the deteriorating competitiveness of the U.S. economy.
Tax Reform
Taxation is one of the major factors, according to… Continue Reading...
