Category: Economic

The Recent Australian Boom The recent resources boom in Australia had a significant impact as far as the performance of Australia’s economy is concerned. The resources boom resulted in a significant increase in the demand for several economic resources such as minerals. Consequently, a country like Australia, which is one of the main producers of…

The issues of development and of the existence of the so-called countries in the world are very important. Today’s globalized world is very concerned about the levels of living that people have in all countries and there is a tendency from the side of the highly-developed countries to help those states that are considered to…

Since the economic downfall in 2007-2008, the entire world has been grappling with the tough economic challenges that became the aftermath of the meltdown. The United States has also suffered from these effects and until today the government is still recovering from the impacts of the crisis. The challenge is not unique to the United…

Table of Contents Research Questions and Objectives Literature Review Methodology Data Sources Ethical Concerns Time Frame Limitations Expected Outcomes References The modern world is characterised by the increased value of education and its importance. A successful career depends on the person’s background knowledge and the educational establishment he/she graduated. For this reason, there is a…

Table of Contents Introduction Socialism with Chinese Characteristic The Extent to which China operates Capitalist System Conclusion Works Cited Introduction Socialism with Chinese features differs from the socialism that emerged on the basis of developed Capitalism that was assumed by Marx and Engels. The two focused on socialism that evolved from the Soviet Model and…

Table of Contents Abstract Introduction Economic Alternatives Conclusion References Abstract The economy of the UAE is largely dependent on oil as the major export. However, there are fears that this natural resource may be exhausted and leave this region poorer. This essay presents some of the alternatives that should be considered by this region. Agriculture,…

China’s galloping economy heralds its emergence as a global superpower in a not too distant future. This frenetic pace of economic development is based on the ancient perception of the Chinese being the ‘Middle Kingdom’ central to world affairs. The humiliation of being carved into ‘spheres of influences’ during the colonial period provided the right…

Professor Saglar Bugdaeva argues that ethnic minorities are better able to cope with the economic downturn. Since the researcher herself belongs to minorities and is a Mongolian of Kalmyk origin, her books are based on personal experience. Among her arguments are the difficulties experienced by minorities in immigration. The Professor gives statistics that immigrants are…

At the beginning of the 21st century, there is no unified theory of economic development, thus there are a lot of views and explanations of growth and economic development of different world nations. The financial stability and viability, and hence development, of an economy, depend on two fundamental factors. The first factor is the macroeconomic…

Table of Contents Summary of the article The article’s relation to economics The solution to insatiable need for revenue Summary of the article The article is mainly based on the issue of Value Added Tax normally shortened as VAT. As defined in the article, VAT is a type of consumption tax, which is normally, imposed…