It was, as well, the only possibility for many countries to improve their economy: especially in Latin America, where Mexico just stopped refunding its debt because it couldn't pay anymore. ... In each country, even the population is divided in different economic and social layers. ... Twenty percent of the world's population living in the richest countries have 74 times the income of the poorest. ... In 1960, the average income of the richest 20 per cent of the world's population was 30 times higher than that of the poorest 20%. ... Two third of the African countries depend ...

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

In the subsistence sector, population is so large relative to products and natural resources that the marginal productivity of labor in the subsistence sector is very low or zero. ... These labors could be reduced without decreasing output; although in the model, there are other factors for an affluent supply of labor (these are: huge population growth due to low mortality and high birth rate, the daughters and wives released from domestic work, and workers from various kinds of casual jobs and the unemployment generated by increasing efficiency). ... Lewis claimed that workers mainly contribu...

• Word Count: 4558
• Approx Pages: 18
• Has Bibliography
• Grade Level: Undergraduate

Although it is the largest republic in Central America, has a relatively tiny population of approximately 4.5 million people. ... Some 60,000 Americans visit Nicaragua yearly - primarily business people, tourists, and those visiting relatives. ... Major competition for U.S. products comes from companies in Western Europe and Central America. ... EMPLOYMENT IN NICARAGUA In Nicaragua, more than 50 percent of the population lives below the poverty line (US$104) (dol.gov/ilab pg 2) with 80 percent of those people living in extreme poverty. ... Embassy in Nicaragua - Economic and Commercial ...

• Word Count: 4098
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School

South Korea has been a pro-Western nation, embracing many aspects about American political ideologies; also, South Korea followed many aspects of Chinese education system. ... U.S. decennial census data states that in 2010, immigrants made up 13% of the population, but 16% (23.1 million foreign-born persons in the civilian labor force) of the labor force (Singer, 2012). ... Immigrant workers are especially essential to the United States and also Russia (ranked second for destination country for immigration) because the U.S. population is aging rapidly as the baby boom cohort is entering old ag...

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

Globalisation has not led to economic prosperity for a vast proportion of the world population but instead backwardness and decline has occurred. ... According to this view, it makes little sense for America to produce textiles at home when they can be produced at a lower cost in Honduras or China (which unlike Honduras is a major source of American textile imports). Importing textile would benefit America as well as China. ... Last year the Bush administration announced it would give American farmers an extra $175 billion during the next decades. The yearly subsidy the US gives just to Americ...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

Those of Mexican decent have typically depended on the wages mothers were able to bring in due to minimal human capital and a lack of marketable skills needed by this overall population. ... The African American working population dates back to slavery. African American men faced discrimination and a lack of marketable skills that lead to underemployment or unemployment. This meant that African American women had to work to survive (Hattery, 14). ... Department of Labor showed that in 1999 this number had grown to 46.7%, almost half of the professional working population (Kimmel, 122). ...

• Word Count: 3329
• Approx Pages: 13
• Has Bibliography
• Grade Level: High School

benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states and non state actors alike, that attempt to resist these often ill defined phenomena captured by the all embracing notion of 'globalisation'. For example, the long term tendency towards freer trade, electronic commerce and the seemingly uncontrollable power of deregulated capital markets do...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate

The "technological retardist" theories are strongest in considering the erosion of "King Cotton` s" pre eminence, due in part to America` s competition and, the critics suggest, the British cotton manager` s lack of judgement. ... The Germans specialised in dyes, drugs and photochemical products, the Americans in electro-chemicals. ... Consequently, British investors were unlikely to invest in British companies in direct competition with German or American firms, exacerbating the gap in these areas. ... Vocational training was always passed over in favour of more academic pursuits, it was ...

• Word Count: 3250
• Approx Pages: 13
• Grade Level: Undergraduate

The internationalization of economic activity in Europe first took off in the fifteenth and sixteenth centuries, with the development of new shipping technology that led to Spanish colonization of Latin America. ...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

According to Gibson-Graham, through centuries of influence from development through, Spanish colonization, and, subsequently, American occupation, the Filipinos are much more reluctant to stray from the current structure of development and become active members in developing their own communities. However, using the overseas population, the indentured migrant workers who send back remittances – the Filipino overseas contract workers (OCWs) – have taken the lead in become stakeholders in the development of their native communities. Gibson-Graham believe that through continued work w...

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

Russia currently has nearly the highest murder rate in the world, male life expectancy has fallen to 58 years, and the population is declining at a rate of 800,000 per year. ... Russia represents a fantastic market opportunity for America. ...

• Word Count: 4431
• Approx Pages: 18
• Has Bibliography

Shadow Economy and its Structure The American economist Tanzi [25] gave the most simple definition of SE in 1980, on which shadow is that part of economy, where made production is not declared or is partially declared in tax bodies. ...

• Word Count: 3271
• Approx Pages: 13
• Has Bibliography

When Ronald Reagan entered office, the American economy was in a state of decline. Economists were doubting the American system of free enterprise, and some thought Russia's command economy was the answer. ...

• Word Count: 3958
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School

For instance, a firm that aims at capturing the niche markets, provides only specialized or distinct items, or utilizes nontraditional distributional methods should determine how it is assisting the needs of the targeted population. ... While a product may seem to fit into a specific risk niche, the interconnectedness of the different aspects of the given target population cannot be ignored. ...

• Word Count: 9702
• Approx Pages: 39
• Grade Level: Undergraduate

Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and poli...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate