The maintenance of a current account surplus, in order to pay back debt, was achieved at the cost of restricting growth and therefore import demand. ... The RDP outlines a long-term development strategy for the country with the focus on growth through development. To achieve this the RDP seeks to address basic needs (such as housing, electricity, sanitation, water, nutrition and primary health care) by focussing on economic policies that would best encourage the provision of these needs. ... As a result, in 1994 the balance on the current account is likely to be less than R 1,O billion which i...

• Word Count: 6046
• Approx Pages: 24
• Grade Level: Undergraduate

Countries in Africa and Latin America chose to end many of their planned socialism projects and focused on private enterprises. The West's focus on market economies and privatization ultimately influenced other third world countries to abandon their communist and socialist systems and adopt new methods. ...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

These can be used to judge the current state of the economy. ... The current RPIX is currently 2.5% and like many other indicators has been stable for some time and is forecasted to do so over the coming years. ... These focus on the macroeconomic issues that may arising from entering the single currency. ...

• Word Count: 3263
• Approx Pages: 13
• Has Bibliography

This chapter introduces the predominant means of thinking about globalization, from the historical experience of the developing world to provide the tools required for assessing the viable options developing countries currently face under globalization. ... Marxists concentrate less on efficiency gains (though many accept these may take place) and focus more on how changing production provides new kinds of economic power that can be used to extort profits from those that are weaker. ...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

Abstract This paper focuses on cyber-attacks and its impact on the global economy. ... The corporations have to focus more on the security of their systems rather than focusing on the strategies to compete and win in the global marketplace. ...

• Word Count: 2935
• Approx Pages: 12
• Has Bibliography

At the same time, this would be also responsible for current recession. ... To achieve this purpose, it focused its policies mainly on export expansion moving its emphasis from import substitution. ... Government's Policy Before 1961 As seen above, the Korean government has been focused on import substitution for economic growth during 1953 ~ 65 period and followed by export expansion policy after 1965. ...

• Word Count: 2573
• Approx Pages: 10
• Grade Level: Undergraduate

In the current challenging economic environment, our work is a critical reminder of the importance of sound structural economic fundamentals for sustained growth. ... Understanding the factors behind this process has occupied the minds of economists for hundreds of years, engendering theories ranging from Adam Smith's focus on specialization and the division of labor to neoclassical economists' emphasis on investment in physical capital and infrastructure, and, more recently, to interest in other mechanisms such as education and training, technological progress, macroeconomic stabili...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate