Essays On Economic Growth

With Vestas feeling the heat from the recent financial crisis, together with the effects from the increasingly competitive industry, the company had reached a corporate strategic crossroad, whereby in order to anchor Vestas’ global leadership position, new expansion opportunities and alternate revenue streams would have to be adopted to mitigate and spread risks brought about […]

According to Nassur Mustapha, development is defined as, ‘the progressive process of human, cultural, political, and economic and social change, which shapes people’s lives. ’ The southern countries and particularly the Caribbean have been classified as developing countries, which are still somewhat dependent on the metropolis’ which once colonized them. It was Sir Arthur Lewis […]

India has established itself as one of the most rapidly expanding markets within the BRIC (Brazil, Russia, India, China) collective due to its substantial population, economic focus and high commodity demand. There is a projection that these countries will transform into formidable global financial forces. Recently, significant changes in India’s fiscal policies have led to […]

Currently ranked as the ninth-largest economy in the world based on GDP, India possesses distinct economic features that have drawn worldwide interest. Post-independence, India adopted a socialist-oriented economic model characterized by democracy, widespread public sectors and stringent regulation of private industries. This approach led to an economic decline by the 90s. In response to this […]

The slow but continuing reform has been successful in bringing about a relatively high rate of growth to the Turkish economy. The developments of the last two decades show that the Turkish economy achieved a notable improvement after the implementation of the structural liberalization and adjustment program starting in 1980s. The main purpose of this […]

Technology can be defined as a body of knowledge used to create tools, develop skills, and extract or collect materials; the application of science (the combination of the scientific method and material) to meet an objective or solve a problem. In other words the application of scientific advances to benefit humanity. It influences minds in […]

Initially, the focus of research on societal impacts of fast computer networks was mainly on providing expert opinions, foretelling future trends, and speculating about the potential capabilities of this technology. However, more recent studies have sought to evaluate the speed of broadband adoption by paying special attention to particular applications that require high speed (Chang, […]

Tourism is a dynamic industry, a cross –cutting sector which involves a vast diversity of products, services and professions, linked to many other activities and policy areas. Tourism is a multi-activated sector, since it mobilizes a wide range of infrastructure services, such as airports, ports, air navigation railways but at the same time it includes […]

Nowadays almost every country is concerned about developing education system as it can lead to economic growth and individual prosperity. However, substantial amounts of money spent on education not always affect country successfully. Therefore the negative side like unemployment is important to consider. The key problem for many young people is that after graduation they […]

Globalisation is a force that became the buzzword of the 1990s. Various countries around the world have experienced a thrilling increase in trade, innovation transfer and cross-border investment flows in recent years. The effects of globalisation and the evolution of the most developed economies are difficult to separate and a few authors believe the effects […]

It was once a worldwide belief that development is primarily concerned with economic growth, meaning that once there was economic growth a country would develop. This was so firmly believed that a number of theories, which were put across to explain development and how to achieve development, such as modernization theory, and dependency theory centered […]

Yes, Spriware has successfully marketed its products in Canada. In the first year of operation, all units of refrigerators produced in the Canadian market were sold, giving Spriware a 10% market share. The key to their success lies in their marketing strategy, implemented in two ways. Firstly, they conducted proper market research and distributed their […]

1.0 Executive Summary Charles & Keith, the eponymous fashionable shoe brand from Singapore was launched in 1996 and since then captured the interest of industry insiders and the admiration of the fashion-conscious alike. Triumphing with its remarkable high street fashion shoes and accessories, Charles & Keith has won the hearts of many, placing itself as […]

Industrialisation is the process of manufacturing consumer goods and capital goods and of building infrastructure in order to provide goods and services to both individuals and businesses. As such Industrialisation plays a major role in the economic development of underdeveloped countries like India with vast manpower and varied resources. Let us discuss, in detail, the […]

Introduction Unemployment rate data has been used all around the world as an economic indicator for the economic strength of a country. In the United Kingdom, many changes have been observed in the last thirty years about the unemployment rate. Since the recession in 2008, the Gross Domestic Product published in 2009 curtailed 1.9 pc […]

Introduction The Sheng Siong supermarket chain was founded by the Lim brothers (Mr. Lim Hock Chee, Mr. Lim Hock Eng and Mr. Lim Hock Leng. Established in 1985, the first Sheng Siong store was set up at block 122 Ang Mo Kio avenue 3. Since then, the Sheng Siong supermarket chain has rapidly gained recognition […]

Housing is the crucial issue, as it directly affects us all in one way or another. Housing is a key component to the quality of life. Because of the importance of housing in everyday life, it is permanent source of social and political concern. This essay will attempt to evaluate the development of social policy […]

This essay will be examining the question, what are the principle advantages of the third wave globalisation theory and illustrating the answer with examples. It will firstly begin with giving an overview awareness of the first two theories put forward by academics and political literature. These are the globalist approach and the sceptical approach respectively. […]

The Meaning of High Income Nation and Malaysia’s Position Why is Malaysia trapped in the “middle-income nation? ” 5 Policies – Measures to be Taken 15 A Comparative Study on Singapore Opposition Conclusion 35 l. Introduction 3 On 10th of June 2010, our Prime Minister, Data’ Sir Hajji Mohammad Ninja Rack has unveiled the Tenth […]

1. In the past five years, the analysis of Export-Import Policy has been centered on the growth of Special Economic Zones. Furthermore, significant attention is given to the global recession in 2009, which is considered one of the most severe recessions since World War II. This recession has had a substantial impact on various economic […]

Abstract This study examines the relationship between macroeconomic variables and stock market returns using monthly data over period January 1992 to December, 2008. Macroeconomic variables used in this study are consumer price index (as a proxy for inflation), crude oil price, exchange rate and 91 day Treasury bill rate (as a proxy for interest rate). […]

France has the world’s fifth largest economy and it contributes about 20% to the GDP of the euro area. Despite the global crisis, France has performed better than many advanced economies due to several factors. These factors include a less open economy compared to Germany, which has helped mitigate the impact of the crisis. Additionally, […]