However, it is initially worthy to note that Cantillon's definitions of both competition and an entrepreneur vary in context from the modern definitions commonly presented of such individuals. ... The connection recognized by Cantillon also gives rise to his beliefs that this activity allocates entrepreneurs across markets in much the same way that goods and resources allocate themselves within the market. ... Cantillon does in fact note that entrepreneurs are the individuals that bear the risk of the market, but no one in the modern world looks at entrepreneurs to the extent that they ...

• Word Count: 2445
• Approx Pages: 10
• Has Bibliography
• Grade Level: Graduate

At the time this Report is being released, the world economy continues to emerge slowly from the most serious economic crisis of the post–World War II period-one that has deeply transformed the global economy and highlighted the increasingly important role that emerging markets and developing economies play in the global economy. As advanced economies are searching for ways to speed up their economic engines, emerging and developing countries have been important drivers of the global economic recovery. As a result, the nature of the relationship between advanced economies and emerging on...

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