Economic globalization has greatly encouraged the introduction of free trade agreements, such as GATT (tariff trade agreements) since the Second World War. ... For example, after World War II, the United States worried about the rise of communism, to encourage and support the interests of film advertising and effective capitalism in the global scope of the United States of America's dream. ...
Economy Of Hungary During the two decades following World War II, Hungary was transformed from a predominantly agricultural land into an industrial-agricultural state. ... The share of Hungary's NMP contributed by industry and agriculture has changed markedly since World War II. ... Before World War II Hungary traded primarily with Western nations, and the Soviet Union accounted for less than one percent of Hungarian trade. After the war, this pattern was reversed. ...
In the book "Labor Control and the Postwar Growth Model in Latin America," Ian Roxborough argues that the economic model known as import substitution industrialization (ISI) was employed amongst the Latin American countries after World War II as a compromise to meet the ever growing social and political demands within those countries. ... Many elites, having a desire to maintain their land and power, not lost in the war, did not support the rise of the radical labor unions and therefore, kept the national economy from taking the radical socialist path as had happened in some countries in Asia ...
In Latin America, government has always been very complicated in regards to selecting its leaders. Hundreds of years before World War II the election of populist leaders was very common. The situation was usually initiated when the elected member began to turn to corruption and slowly evolving into ...
In the immediate aftermath of World War II, ECLAC, then under the leadership of economist Raul Prebisch, published an analysis of the economic development of Latin America. ... Economic nationalism became prominent after the end of World War II and again in the late 1960s and 1980s. ... The U.S., furthermore, waned its support and financial commitment to Latin American integration during the Vietnam War and the general endogenous problems reduced the effectiveness and expansion of the integration movement. ...
Christine Lagarde, the finance minister of France, is set to begin her five-year term as the International Monetary Fund's managing director and chairman next month after defeating Mexican Central Bank chief Agustin Carstens. Lagarde was backed by the United Kingdom, Germany, and most European powe...
THE LIMITS OF GLOBALIZATION Nowadays one of the most commonly used terms is globalization. But what does globalization mean? Does it mean dissappearing borders, a common trade unit, no tax in trade abroad, political awareness across the world, or, in extremes, even interfering with other countrie...
The First World War and Great Depression were hard on primary product exports, and, like many other Latin American countries, Argentina responded with import substitution industrialization. ... In addition to the effects of import substitution policies, the post-World War II Argentine economy further struggled because of military rule and internal conflict. ...
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. ... Moreover, the end of the cold war and the fall of communism in 1988 precipitated the communist countries to adopt a new model of economy. The models that were in place since World War II collapsed and the laissez-faire neo-liberal capitalism became the dominant ideology. ... There are, at least, five different levels of development: industrialized countries, the economi...
The scale of Japan's growth is easy to demonstrate but understanding the reason is much more difficult, especially when this country was completely destroyed after the Second World War. The end of the Pacific War in 1945, should have economically and psychologically spelled doom for Japan. "By the end of the Pacific War the volume of Japan's industrial production was less than thirty per cent of her output in 1936. ... The total estimate of damage caused by the Pacific War to the Japanese General Wealth was 65 302 million Yen. ... Overall, the Japanese economy was the highest growth ...
It is the practice of this type of government (which the United States put into control at the end of World War II) that looks good on paper but is very different in practice that helps me understand the laissez-faire attitude of Ravi Kanbur and Larry Summers. ...
World War II was the beginning of the distance between Spain and the rest of the European nations. As a result of Spain never entering into the war, the country never received the benefits from the European recovery plans, keeping it in a situation of complete isolation. Then following the Civil War in Spain, an inward-looking development model known as autarky, was adopted as a result to its isolation with its surrounding neighbors in Europe. ...
Brief Economic History and Government Policy Korea was one of the poorest countries in world after experiencing two wars. World War II and Korean war (1950 ~ 1953). ... After Koran war, the government in fact had no sense of direction and also due to the unstable political situation, the country didn't have specific economic policy until 1961 when military government came to power and established the major institution guiding its economic planning called Economic Planing Board (EPB). ... After two major wars, the country even with a food shortage experienced lack of capital. ...
In 1841, the government of Britain proclaimed itself as the global leader of the liberal world and declared war on the illegal movement and trade of narcotics. ... The duration of World War II was viewed as the era of incomplete globalization. ...
Introduction Globalisation refers to the process of bonding the world on aspects of, cultural, economic environmental, political and technological interactions leading to worldwide interdependence. It involves integration of the people, institutions and companies and also governments of different st...
The transfer of about IR £9 billion at 1994 prices to the Irish exchequer between 1989 and 1999 through Delors I and Delors II arguably eased the challenge of fiscal stabilization, but only played a minor role. ... America All of the above happened just as the US economy began its longest uninterrupted period of growth since the Second World War. ...
II. ... Financial integration helps to combat health challenges: A case of Sierra Leone After the end of the civil war, Sierra Leone, the small beautiful developing nation in West Africa experience several health challenges in various forms. ...
Some kind of 'cost benefit analysis' is not so easy when globalisation is perhaps the most over used and under specified concept in the international policy sciences since the passing of the 'Cold War'. ... In so doing, it will address three general charges often laid at economic globalisation's door: (i) That it is widening the income gap between rich and the poor and generating uneven development both within states and between states; (ii) that economic liberalisation has proceeded too rapidly and this has led market failures, especially in financial markets of the ...
