1. Brain Drain in Turkey
It is based on a lasses-faire system of leadership where the employee's have freedom from the initiation of force in the workplace. ... The disadvantages or the con's of capitalism is obvious because of corrupt leadership and unethical management and financial practices. ...
Unlike Australia, Singapore functions independently from the agriculture, forestry and fishing sector, in fact only 0.1% of its labour force is agriculturally based. ... As of 2013, the labour force participation rate rose to a new high in Singapore. Females and older residents joined the labour force, raising labour force participation rate for the second consecutive year to a new high of 66.7% as shown in Figure 5 below. The rate of females' participation in the labour force rose significantly over the decade from 50.9% in 2003 to 58.1% in 2013 while the labour force participation rate ...
According to Kanyi (2013) the withdrawal by the aid givers has been an experience in developing countries that are corrupt or are not democratic. For instance, the donors in Malawi withdrew their usual 40% funding towards the yearly budget due to corruption, mismanagement and looting of public funds and the present government is trying to win donor confidence by sealing all loop holes and prosecuting all corrupt workers. ... For example of late the developed countries have used aid to force African countries to legalize homosexuality which is considered immoral per African tradition. ...
I also feel that China should try to overcome its corrupt system and steadily move into a free enterprise system. ... China's main driving force was competition, and they proved that privatization and settling the matter of ownership are not so critical in the early stages of reform. ...
Nowadays globalisation is on everyone's lips. By measuring the historical intensity of international economic links, the World Bank has identified that between the two World Wars and through the Great Depression the global poverty rose strongly and inequality widened. It seems due to colonialism and...
Human trafficking is "all acts involved in the recruitment, abduction, transport, harboring, transfer, sale or receipt of persons, within national or across international borders, through force, coercion, fraud or deception."...
Forcing states to reduce investment in basic provision Non-western states have been told to reduce intervention in their economy, as this would allow the emergence of a free market economy and in addition release funds that would allow the servicing of debt. ...
Adam Smith Economics is a science that most people practice everyday. Economics is the social science dealing with the use of scarce resources to obtain the maximum satisfaction of society's unlimited economic wants. Many of the ideologies of the modern world have been shaped by prominent economists of the past, like Adam Smith. Adam Smith is recognized as the Father of Economics. He was student, professor, tutor, commissioner of customs in Scotland, traveler, philosopher, and an economist. ...
Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and political settings. However, it is clear that economics goes far beyond utilizing resources or levels of development and by comparing different economic systems one can analyze their importance and influence on other sectors of society. Apart from affecting other sectors, an economic system is also ...
benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states and non state actors alike, that attempt to resist these often ill defined phenomena captured by the all embracing notion of 'globalisation'. For example, the long term tendency towards freer trade, electronic commerce and the seemingly uncontrollable power of deregulated capital markets do...