This in fact indicates the diffused and flexible nature of globalisation, meaning that it can be defined to suit anyone's agenda and interests. ... Globalisation will continue to be prevalent, making it imperative that the true nature of this phenomenon is understood. ... It is hardly surprising that vast proportions of the world are engulfed in economic degeneration considering the implications and the nature of the above policies mentioned. ... From the above, the distorted nature of the trading system is clearly apparent - it is a system that favours the rich and not the poor, impe...

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

Adam Smith is remembered for his most influential book called An Inquiry into the Nature and Causes of The Wealth of Nations. ... An Inquiry into the Nature and Causes of The Wealth of Nations mentions over 100 names. ... In 1776, Adam Smith's book An Inquiry into the Nature and Causes of The Wealth of Nations was finally published. ... An Inquiry into the Nature and Causes of The Wealth of Nations is the best known writings of Adam Smith. ... Smith's view of government was not negative in nature. ...

• Word Count: 3887
• Approx Pages: 16

In such a context part of the problem with understanding globalisation is the nature of the populist, sometime hysterical, discourse on the subject to be found not only in the media but also in a range of so-called scholarly texts that reduce 'globalisation' to a set of slogans to be either exhorted or demonised.1 Throughout the 1980-90s for many of its advocates--and when understood economically as trade liberalisation, financial deregulation and privatisation--globalisation has been an uncontestably good thing. ... Part 1 outlines an economic definition of globalisation as econ...

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

1.0 Product Introduction Traditionally, novel products have provided immense opportunities for the society and firms to connect and provide value-added commodities. Selecting the appropriate item for the organization and its clients, nevertheless, may not be an easy task. Studies have shown that successful management boards of directors and other leadership teams typically establish and mitigate threats prior to considering and introducing fresh products. When risks are not clearly identified and mitigated accordingly, the unintended results might be costly and disastrous. Organization that su...

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

How Sound are the Foundations of the Aggregate Production Function? Abstract: The aggregate production function has been subject to a number of criticisms ever since its first empirical estimation by Cobb and Douglas in the 1920s, notably the problems raised by aggregation and the Cambridge Capital Theory Controversies. There is a further criticism due initially to Phelps Brown (and elaborated, in particular, by Simon and Shaikh) which is not so widely known. This critique is that because at the aggregate level only value data can be used to estimate production function, this means that ...

• Word Count: 11086
• Approx Pages: 44
• Has Bibliography
• Grade Level: Undergraduate