In Guatemala the government is structured through the elite, and the elite only look out for their interest, another factor that affects the country from progressing is the structure of the class, which creates a gap between the rich and the poor, and not to mention the gap between the indigenous and the urbanization. ... Majority of their economy is based on agriculture. The government in the Republic of Guatemala is a constitutional democratic republic, where the president is both the head of state and head of government. ... Marxism's theory applies very well to the structure of Gu...

• Word Count: 1415
• Approx Pages: 6
• Grade Level: Undergraduate

Voting power is linked to members' capital subscriptions, which in turn are based on each country's relative economic strength. ... The overarching goals of IDA lending are to assist countries in reducing poverty and in achieving sustainable, broad-based economic growth. ... IDA also contributes to poverty reduction by advising governments on the best policies for attaining broad-based economic growth. IDA supports governments as they eliminate wasteful public enterprises and central government controls on business, and as they open up markets and encourage private investment.  ......

• Word Count: 3014
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

It has been developed in partnership with the Planning Commission as the nodal partner from the Government of India (GoI); prepared in collaboration with government agencies, civil society, donors and other key development partners. ... The UNDAF will work towards the achievement of six outcomes which are as follows: Outcome 1 Inclusive Growth Inclusive and equitable growth policies and poverty reduction strategies of the government strengthened to ensure that most vulnerable and marginalized people in rural and urban areas have greater access to decent employment, skills development, social...

• Word Count: 1899
• Approx Pages: 8
• Grade Level: Undergraduate

The Economic Development Institute was established in 1955 to train government officials from the developing world in economic and financial management. ... The International Center for Settlement of Investment Disputes was established in 1966 and provides arbitration services in investment disputes which arise between foreign investors and host country governments. It provides advice to developing countries governments on the drafting of foreign investment laws and regulations. ... This philosophy is based on WW Rostow's Five Stages View. ... This initiative is based on the p...

• Word Count: 1195
• Approx Pages: 5
• Grade Level: High School

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

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

The transfer of aid from donor governments to the countries that need assistance can be made through either official agencies or executing agencies. ... Moreover, when the insufficient domestic capital makes it unaffordable for the governments of poor countries to invest in important fields, ODA, as an external capital, can be of great help in alleviating the burdens of government budget (Aime 2010). ... Furthermore, foreign aid, especially in the form of grants, can trigger moral hazard problems even in the governmental system of the recipients (Bauer 1966). ... In addition, the aforemention...

• Word Count: 2127
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

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

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

The rhythm of the international economic integration increased in the years eighty and ninety, as everywhere the governments were reducing politics's barriers that blocked the trade and the international investments. The opening toward the external world has been part of a wider overturn toward a bigger dependence of the markets and of the private company, especially as many countries in development and communists were checking that a high degree of planning and the government's intervention didn't surrender the results wanted as regards development. The vast economic re...

• Word Count: 2186
• Approx Pages: 9
• 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

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

One romanticizes the traditional culture, based on a complete rejection of modernity while the other is more skeptical of these same topics, employing a more constructivist view on culture. ... The success of the Mondragon cooperative in Spain has been based upon the ethical principles of open admission, democratic organization and inter-cooperation, to name a few. ... They perceive that this research and creating new community-based enterprises will help individuals within the community recognize the powerful resource of economic interdependence. ...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate