Wall Street icons like Lehman Bros, toppled and required government bailouts. ... When business structures are based on long term relations, then that can create an entry barrier for multinationals. ... There are three broad types of economic systems that are based on the level of economic freedom: the market economy, the command economy, and the mixed economy. ... American government is intolerant with corruption acts, and when it is discovered the fines are too high. The United States has a heavy historical of government actions transparency. ...

• Word Count: 3134
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

However, while the U.S. faces major challenges, China also faces considerable obstacles in its upward economic trajectory, particularly given its low levels of personal spending, dependence upon exports and with political concerns about its human rights record and government corruption. ... "Long-term problems include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits - including significant budget shortages...

• Word Count: 668
• Approx Pages: 3
• Grade Level: High School

Not only so, the government had to reverse its policy by the end of the 1980s. ... The Anti-natalist phase from 1966 to 1982 saw the government embarking on an "ambitious programme" of urban renewal, socioeconomic planning and extensive industrialization. ... This was seen as the 'fruits' of the wide range of incentives the government has implemented. ... Based on comparisons between various countries regionally with the uniform conditions and because of a known fact that development influences decisions on childbearing with regards to a variety of reasons, we can conclu...

• Word Count: 893
• Approx Pages: 4
• Grade Level: Undergraduate

These countries have moved away from an agro-economy to an industrial economy Political Cleavage(s): Division of constituents or voters into groups based on demographic, psychographic, and geographic characteristics Political Culture: The views of citizens of a nation towards politics, developed over time, creating understood rules that govern the behavior of political systems Political Development: The creation of beliefs, institutions, and values of citizens that help shape the political system of their society. ... A two-party system has two groups with opposing views who run against e...

• Word Count: 509
• Approx Pages: 2
• Grade Level: Undergraduate

Most countries around the world have international aid programs in their governments. ... If the Canadian government were to not provide aid in food security many people would go hungry and possibly die. ... A growing economy creates jobs and higher incomes which provide governments with more financial resources to improve the well-being of their people. ... The Canadian government provides opportunity and experience that helps governments of developing countries create and grow their economies and provide better opportunities for their citizens. ... The purpose slash definition of the United ...

• Word Count: 1216
• Approx Pages: 5
• Grade Level: Undergraduate

Aid can be defined as grants or loans provided to governments or other entities in developing countries by governments or major multilateral institutions from developed countries in order to promote economic growth and human welfare. A lot of literature have springed arguing on the impact of the development aid on developing countries with some criticising it as a poverty entrenching facility whist some have supported development aid as it leads to economic growth and sustainability of many developing countries governments. ... For instance the withdrawal of donor aid in Malawi saw the coun...

• Word Count: 1491
• Approx Pages: 6
• Has Bibliography
• Grade Level: Graduate

This common goal has caused the creation of the World Bank, the United Nations Development Program, the United Nations Conference on Trade and Development, aid agencies in the governments of the most prosperous economies, and countless non-governmental organizations (World Politics, pg. 41). ... One reason they are at a disadvantage is because water-based transportation is much more affordable than overland transportation. ... It is not clear that this kind of improvement should be a priority for the Kenyan government or, if any improvements are made, the railway will be sufficient enough to...

• Word Count: 1264
• Approx Pages: 5
• Grade Level: Undergraduate

Though it has been conceived that natural disasters are naturally occurring, and unpreventable, that notion is based on false premises. ... Policies must be implemented by the government, and be carried out in communities and individuals. "Increasingly, governments and disaster planners are recognizing the importance of social infrastructure: the people, places, and institutions that foster cohesion and support" (Klinenberg 4). ... Resilience is possible, and policies must be implemented based on the precautionary principle. ...

• Word Count: 1292
• Approx Pages: 5
• Grade Level: Graduate

In countries within Africa and various parts of Asia, lack of government support and funds – causational of their low financial resources – becomes a major problem. In MEDCs, like USA, however, government facilities, support and funds help these underprivileged people greatly. ... Thus, child labour becomes more rampant in rural areas with limited availability of schools, government negligence and poorer living conditions. ... Governments and international organisations such as the UN along with Non-Government Oraganisations (NGOs) need to take up this responsibility. Governments m...

• Word Count: 1931
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Background of the Theory The theory is based on the assumption that western countries are wealthier and more powerful, thus became the basis of modernization. ... Rostow's Stages of Economic Growth theory is based on the assumption that produced a five step stages for development namely: traditional society, preconditions to take-off, take off, drive to maturity, and age of high mass consumption. 2. Description of Proponents Walt Whitman Rostow was a  United States  economist, a government official, and a political theorist. ... This model is based on the development of countries like ...

• Word Count: 1274
• Approx Pages: 5
• Has Bibliography

Prior to the industrial revolution in the century of late eighteenth and early nineteenth which set fire to the capital-based form of production, there was the period when production predominantly relied on man's hand and primary working forces were man labour. ... The capacity of production to supply for bigger demands, the exhaustion of low-paid working force due to specialisation do not tolerate the combination of capital (factory-based) notion and old craft skills. ...

• Word Count: 2421
• Approx Pages: 10
• Has Bibliography
• Grade Level: Graduate

Based on this assumption, the industrialised nations were to shift towards a 'post-industrial society', supposedly to reduce the hazards of war, but specifically to stop the flow of technology to the Third World, in order to prevent any economic development. ... The world-wide environmentalist non-government organization phenomena ( such as the World Wildlife Fund, directed by Prince Phillip ) was created top-down, with a complex web of financing, from the circles of the British oligarchy. ... The United States owned two-thirds of the world's gold supply and its industrial ba...

• Word Count: 3054
• Approx Pages: 12
• Grade Level: Undergraduate

Excessive external debt is often responsible for the stagnation of economic growth given that the uncertainty it creates discourages the private sector from investing in the economy for fear about the stability of the government, and it also discourages public investment and reforms given that policy makers are aware that any benefits would be likely to be transferred abroad in the form of debt servicing. ... These countries obtained the majority of their loans from official donors such as multilateral and bilateral donors like the World Bank and IMF and developed country governments who pro...

• Word Count: 2437
• Approx Pages: 10
• Grade Level: Graduate

It involves integration of the people, institutions and companies and also governments of different states. ... Among many others, the globalisation of a particular nation is based on the ability to enhance developing mechanisms that can check the extent to which it can impact the environment. ... Accumulation of power in some international government has been enhanced due to economic and technological innovations. ... Political globalisation has enabled the government of China to consider more in thought in setting policies. ...

• Word Count: 1798
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

While multinationals often propagate globalization basing their argument on the claim that it helps developing countries economically, socially, and politically, the reality is that outsourcing of production activity, which is a critical aspect of globalization, is not good for developing economy because it exhausts the environment and labour while all the benefits or profits are enjoyed by the developed countries. ... While developing countries benefit from taxes paid and products produced by the multinationals, the governments in developing nationals should formulate and implement stricter ...

• Word Count: 821
• Approx Pages: 3
• Has Bibliography
• Grade Level: Graduate

Although their arguments seem to be good and valid for a few countries they are based on unreality. ... He also shows the independent way stating that developing countries must be making national policies by national govenrments to prevent global institutions" and other national governments" benefit. ...

• Word Count: 751
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

Based on this line of reasoning, it is tempting to conclude "as many northern activists, who are against globalisation, have done "that trade should be restricted. ... Two third of the African countries depend on exportation but the problem is that their economy is usually based on one or two raw materials (coffee in Latin America, fruits in Africa....). ... The lack of strong policies from the State and the fact that multinationals are now more powerful than governments of many countries, don't help the developing countries to close the gap economically. ...

• Word Count: 6472
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate

There are many who say that this is based on averages where all of the money belongs to only a handful, to the super rich; elites such as Bill Gates or Donald Trump. ... The typical American enjoys a steady $22,000 annual income, an abundant food supply , health and dental care, a free kindergarten to high school education, a nice home, public and personal transportation, paved roads, all the utilities, a democratic government, capitalistic economical system, as well as a minimum wage ( $5.15 an hour) and welfare. ... Years ago, the U.S. government concentrated on helping poor countries whose...

• Word Count: 1710
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

The Core In his book, Wallerstein points out that Europe moved towards the establishment of world economy based on capitalism to ensure continual economic growth. ... But most importantly, these areas lacked strong central governments or were controlled by other states, exported raw materials to the core, and relied on coercive labor practices. ...

• Word Count: 1668
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

The requirements of membership are the first step in enforcing government policies to speak in the interest of economics. ... Member governments, understanding that they will face economic tribulation if their policies are unfair or are not compliant with rules, are thus much more likely to keep their economic policies in the interests of their economies. ... (Khor 32) These measures have also been abused by the corporations of developed countries such as in the case of Ricetec, a Texas based firm which patented basmati rice, a product native to India, and a large export of that country. ...

• Word Count: 1960
• Approx Pages: 8
• Grade Level: Undergraduate

In the article, "Negative and Positive Effects of Globalization for Developing Country Business," author Don Mcccubbrey, quotes, "Many governments in Latin America (e.g. ... This data indicates, based on the short-term profit of the district economic development, imperfect law and regulation and unreasonable planning, that globalization can be bad for the economic development of developing countries. ...

• Word Count: 1015
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

Globalization is the topic of 21st century that we cannot forget to mention in political science. Our society has become interdependent with each other in many ways through things like trade, technology, culture, and immigration. In a personal level, globalization has led people to be connected throughout the world regardless of their proximity using the most recent technologies, which resulted in making our world a smaller place. For example, one can easily communicate with others face to face, using their computers, tablet PCs, and mobile phones. In a more global level, globalization connect...

• Word Count: 3315
• Approx Pages: 13
• Grade Level: Undergraduate

The government in Bangladesh has overseen the opportunity in manufacturing industry development and therefore is desperate to boost employment. ... If all developed countries try to minimised it's cost and move it's manufacturing base to the less developed countries the job opportunities from the former will reduce and will be transferred to the latter. ...

• Word Count: 1519
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Abstract During the last few decades the global economic landscape has significantly changed due to globalization. Globalization is the multifaceted process that increases the interconnection between the economies in terms of trade, capital and culture. Globalization has a profound effect that has ...

• Word Count: 2450
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate