Category: Economic

Introduction Just like social and political development, economic development is also one element of the more comprehensive notion of development. This is the reason why many economists refer development as an assignment and a procedure. As a procedure or process, development implies various tasks done in different sectors of economy to improve the status quo…

The United States is currently battling slow growth in its economy coupled by high rates of unemployment (McConnell, Brue, Flynn, 2011). Analysts insist that the economy of the United States is sinking (Mundi, 2012). However, the government is taking measures to restore it. Although unemployment persists in the United States, the country has managed to…

Table of Contents Introduction Conclusion References Introduction Services Industries are Important in Building Economic Growth. In the business world, money, tangible products, and services are the main aspects. The services sector is easier to modify since it is capital and skill intensive field. Several economic experts have outlined the reason for services development. Services Development…

Table of Contents Introduction Australia China Greece Calculation of Real Interest Rate for the Year 2011 Comparison and Similarities of Different Variables Reference List Introduction A country’s GDP remains one of the most important parameters to benchmark development with other countries (Fama, 1990). This essay evaluates the GDP of three different countries, namely China, Greece…

Table of Contents Introduction Globalization Effects of Globalization Latin America Eastern Europe Economic Reforms Conclusion Works Cited Introduction This essay aims to compare the effects of the economic reforms that were taken up by numerous developing counties in Latin America and Eastern Europe at the beginning of the 1990s. In this work, we are going…

Importance of Service industries in Economic growth This paper analyzes how service industries are important in building economic growth. Moreover, it goes on to show how services industries help create a better global economy. Industries that rely purely on services other than goods or tangible objects are known as service industries. Services industries range from…

Budgeting entails preparation for the achievement of specific targets and missions within a given duration by calculating the necessary funds together with the funds at hand. The budget is meant for use by the government in putting its policies to work by regulating the money spent by various agencies in the government (Robert & Lynch,…

Gambling industry is quite new, but it is rapidly developing. Companies operating in the business manage to gain billions in revenues, but they also face serious competition. In 2008, the industry went through hard times, but now new casinos are being opened. More so, the industry is becoming more diverse in terms of its products…

Table of Contents Introduction Political Risks Economic/Financial Risks Legal Risks Labour Risks Cultural Risks Work cited Introduction Even though recent scholarly reports indicate that the United Kingdom is experiencing a tough global financial mayhem, the nation, as empirical research points out, is a Country Risk Tier one with the very low-risk level that runs through…

Table of Contents The Necessity for Government Blind and Toothless The Eagle and the Cow versus the Hindu Worldview Works Cited According to Fareed Zakaria, India’s development is haphazard and uninfluenced. On the other hand, China’s economic growth is controlled by the central government and is not subject to outside influences. Consequently, it is misguided…