One of the most important factors that is a driver for financial growth in any economy is the accessibility of credit since it can be used to allocate resources into profitable areas that will in turn lead to growth in production as well as work….
Development is very important to create a just and prosperous society and to achieve a better standard of living for the people. The purpose of development in essence is to increase economic growth oriented to creating as many jobs as possible, creating social justice, and…
Sweatshops are highly practiced in undeveloped countries. This is due to the economy might be poor hence high rate of unemployment. Large companies enable communities to attain employment by assembling companies for manual jobs. Manual jobs can be tiresome however one gets a living to…
About ASEAN We’ve have spoken about this topic multiple times during Asian Business classes. An organization that unifies the Southern part of Asia. ASEAN was discovered on August 8th 1967 in Thailand. The main finders of this organization is Indonesia, Malaysia, Singapore and of course…
Gross Domestic Product, or GDP, is the total market value of goods and services produced in a country during a given time period. Economists use GDP to measure a country’s economy to see how well they are doing. There are different types of GDP measurements…
Introduction The issue of defense spending and correlation with economic growth has been an debatable issue with no unification on whether defense spending affects economic growth on developing countries or not. As mentioned by Jaroslav Usiak, Radoslav Ivancik (2014), defense spending belongs to the very…
Colonies are not always the same they have their differences, that makes them unique from one another. Usually they differ from economically, religiously, and their societal structure which is common we are not all the same in this world. New England and Chesapeake are very…
Economic growth “is how much of goods/services are consumed by one person in a particular population size over a period of time”. Economic growth has an inverse link with wildlife or nature conservation which is “the protection of animal species and their homes” because it…
Any country has its way of development. Some countries maintain to thrive in a quickly changing environment, and some have difficulties. Often, IMF and World Bank, which is supported by developed countries, tend to guide underdeveloped countries to make progress by introducing neo-liberalism policies. However,…
Sustainable development does not merely imply to the economic growth but is composed of peace, healthy and dignified human life, human capital development, proper social safety net and environmental sustainability. Economic growth along with proper education, better health status, social cohesion, fair distribution of public…
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