As you can see in the graph below, this figure has been rapidly growing throughout Australia's history, whereas the public sector remains stable in its contribution to net foreign debt. ... In the last half a decade net foreign debt has been steadily increasing as shown in the table below. ... We are living beyond our means and spending money we don't have. ... • A decrease in the standard of living  Due to this more income will need to be used on the higher interest payments, income must be diverted from consumption. ... This may also increase the standard of...

• Word Count: 1354
• Approx Pages: 5
• Grade Level: High School

There are many factors that can cause economic growth, but it occurs in mainly two different ways: the increased use of labor, land, capital and entrepreneurial resources by using better technology, or by management strategies and increased productivity of resources through capital productivity and rising labor, thus meaning greater material welfare and a rise in living standards, However, it does not equate to having higher levels of well being for individuals in that nation in general. ... On the graph below, point A shows that the economy's resources are not being used to the fulles...

• Word Count: 1462
• Approx Pages: 6
• Grade Level: Undergraduate

Furthermore, a 2009 report showed that one in five people living in relative poverty and in 2010, Vietnam's average life expectancy was 74 years of age. ... The distribution of income across an economy can be visually represented through the Lorenz Curve, as seen in the below: An example of the unequal distribution of the benefits of globalisation can be seen through how 80% of the population earn their incomes from primary industries, which as an industry contributes a mere 20% to total output. Furthermore, there is inequality between geographical regions as those living in the South, wh...

• Word Count: 1293
• Approx Pages: 5
• Grade Level: Graduate

Introduction Under the Patient Protection and Affordable Care Act (ACA) of 2010, there is a provision for expanding Medicaid insurance coverage to those living up to 138 percent of the Federal Poverty Level (FPL). ... The figure below reflects the estimated tax generated for 2014 alone and then cumulatively through 2020. ...

• Word Count: 2266
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

But whatever the efforts the number of people living below the poverty line in the country has swelled by millions in recent years19. ... The goal is not to improve upon figures of rate of inflation, per capita income, gross domestic product, and the like, but the aim is to improve the living conditions of the people and bring about over all development....

• Word Count: 1345
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Overall, the efficiency gains from microeconomic policies should lead not only to rises in national income and living standards but also the economy's ability to absorb shocks transmitted from the global economy such as the fall in the terms of trade in 1986; the 1997 Asian crisis; and the US and global slowdowns over 2001-03. ... Total or multifactor productivity in Australia grew by 0.7%, well below the OECD average of 1.3% in the same period [Refer to source]. ... OBJECTIVES AND STRUCTURAL CHANGES Meeting the objectives of microeconomic reform will assist macroeconomic objectives, eg i...

• Word Count: 1779
• Approx Pages: 7
• Grade Level: Undergraduate

The migration of capital and affluent groups has made the cost of living in Koreatown 140 percent higher than major metropolitan areas in the United States. ... While the US median income is $42,000, Koreatown's median income is $22,000 with more than 30 percent of its residents live below the poverty line (Park and Kim, 132).Yet, middle and upper-middle household incomes exist in the western part of Koreatown, such as in Hancock Park. ...

• Word Count: 1603
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

The Causes International human trafficking can be attributed to many causes, these include; low economic status and a low GDP in affected countries meaning the majority of the population are living in poverty, little political power over the population leading to higher crime levels and little retribution for those who are caught, and low social status of particular groups including discrimination and lack of respect towards these people. ... For example, according to the CIA world fact book, around 61.94% of people in Chad, among other countries live below the poverty line, living on just $1...

• Word Count: 2490
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Many of these countries are located below 20 degrees latitude. ... If distance and geography did not matter for economic development, the world would witness a much more even distribution of wealth and standards of living across regions and countries. ...

• Word Count: 1264
• Approx Pages: 5
• Grade Level: Undergraduate

Whatever the specific components of this better life, development in all societies must have at least the following objectives. 1- To increase the availability and widen the distribution of basic life-sustaining goods such as food, shelter, health and protection. 2- To raise levels of living including in addition to higher incomes, the provision of more jobs, better education and greater attention to cultural and humanistic values, all of which will serve not only to enhance material well-being but also to generate greater individual and national self-esteem. 3- To expand the range of econ...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate

Nigeria has a population estimate of about 127 billion in the year 2000 45 percent of its population is living below the poverty line. ... In 1999 it was estimated that 2.7 million people were living HIV/AIDS and about 250,000 died from the disease (CIA). ... Although it has made a large internal improvement government wise due to the slow investments the standard of living has not improved. ...

• Word Count: 2427
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

All progressive changes brought by capitalism ultimately influence the social lives of people, in this case improving the living standards. ... The profit can be attained because the cost of acquiring labor in the market is much below selling price of the merchandise in the market. ...

• Word Count: 1750
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

These statistics give somewhat of a good picture of what everyday living is like in Germany. ... Although it is good that Greece has lowered inflation, the other countries in the EU are below 3% and that is where Greece should be. ...

• Word Count: 1623
• Approx Pages: 6
• Grade Level: High School

One of these reforms is a fiscal rule implemented by president Santos in which public-sector debt has fallen to below one percent. ... As a result, the national income level as well as people's standard of living is improved. ...

• Word Count: 1528
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Overview Australia suffered an economic softening during the late 20th century due to economic reform and global recession. In particular was the Asian economic crisis, which occurred from mid-1997 to early 1999. Although the global recession centered on Asia, it effected Australia because Asia...

• Word Count: 1814
• Approx Pages: 7
• Has Bibliography