Corporate profits incline to grow faster when economic growth is higher (Forbes). ... This shocked the global economy and resulted in deep economic recession and even a deeper crisis of confidence. The crisis revealed a new world order in terms of economic and market dynamics. ... There are three broad types of economic systems that are based on the level of economic freedom: the market economy, the command economy, and the mixed economy. ... In an economic way, Russia is known for its oil and gas production as a global leader. ...

• Word Count: 3134
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

Nevertheless, this discourse has had repercussions in developing new perspectives on development, as post-development arguments have shifted the views on certain aspects of development, including a rapprochement on political economy and cultural analysis. ... This would include recognizing what is already in place in the area, emphasizing relations rather than the logics of development, and building upon the economic interdependence of individuals and groups. ... Gibson-Graham believe that through continued work with this population subset and strengthening the community economy, there wil...

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