There were three main reasons for this decrease: a growing population; an agricultural system which was designed to supply funds for industrially development; and restricted rural-urban migration. Between 1952 and 1957, China's total agricultural output value increased at an average annual rate of 4.6 percent, while its population grew at an annual rate of 2.4 percent. ... During the next twenty years the agricultural growth rate stood at 2.1 percent, slightly higher than the population growth rate of 1.9 percent (DesForges, 99). China's agricultural growth rate could not keep u...

• Word Count: 2348
• Approx Pages: 9
• Grade Level: Undergraduate

First, in the context of privatization, a big-bang approach provides a critical scale of privatized sector in the economy so that the privatized firms will be efficient (Roland and Verdier, 1992) Second, a big bang may increases the credibility of a reform (Lipton and Sachs, 1990) Third, the gradualist alternative gives time to reform opponents to organize themselves and thus invites a more formidable resistance (Krueger, 1993) In addition, in the context of price reforms, a gradual reform is undesirable, because it may induce an intertemporal speculation (van Wijnbergen, 1992). ... First, a g...

• Word Count: 2154
• Approx Pages: 9
• Grade Level: Undergraduate

Spain is located in the south-western part of Europe taking just more than four-fifths of the Iberian peninsula. Spain also includes the Balearic Islands in the Mediterranean Sea, the Canary Islands in the Atlantic Ocean and some area in Morocco. It is located between both Portugal and France. Spain...

• Word Count: 2349
• Approx Pages: 9
• Grade Level: Undergraduate

For the first time since 1992, fewer than three million Germans are unemployed. ... Population growth migration is causing tension with the country's welfare system; complications occurring. ... With Germany's population shrinking and aging, which is one reason their pension system is already running into problems. ...

• Word Count: 1035
• Approx Pages: 4
• Grade Level: Undergraduate

It currently has a population of 8,210,650 million people (World Book). ... Currently, 15.9% of the population is unemployed (worldbank.org). ... The privatization act was passed in 1992(Prohaska). ...

• Word Count: 1286
• Approx Pages: 5