Category: Economic

  • When the Free Market Dries Out: Bremmer’s Account of the Future Economics

    It seems that the idea of a capitalistic society and the fact that capitalism is at present the only logical way to structure various social and economical relationships seems obvious enough; yet it cannot be denied that certain alternatives may exist and that capitalism is, after all, the idea created by people and can be,…

  • Canada Versus China Economic System

    Table of Contents Introduction Comparison Conclusion Works Cited Introduction Canada and China each have their own unique traits when it comes to their economic systems since each country’s system was a product of their history and their needs in the past. Comparison Both countries are considered well to do nations. Canada belongs to the top…

  • Wage Disparities: Earning Functions and Labor Market Dynamics

    Table of Contents Introduction Literature Review and Methodology Findings and Results Conclusion References Introduction Earning functions are an important econometric tool utilized in applied economic research, especially where it concerns the labor market by study of which a management firm assesses rates of return and employee remuneration procedures for standard company fair treatment policies (Heckman…

  • Modern Economic Environment Concerns

    If we are to talk about the economic environment, what factors must be considered? How do these factors affect the growth of the economy? How does the state maintain good economic growth? These are some questions that enter an individual’s mind when it comes to the economy. The economy is defined as the proper management…

  • Income Inequality as a Major Roadblock in the Way for Economic and Social Prosperity

    Table of Contents Introduction Definition and overview of income inequality Causes of income inequality Effects of income inequality Solutions to income inequality Conclusion Works Cited Introduction History has it that in most of the successful ancient civilizations, economic inequality was commonplace between the ruling class and the ruled. This status quo mostly resulted in anger…

  • Economic Growth & Developing Countries

    Strengthening and modernizing intellectual property administration system related to patents, trademarks, copyright, etc., which includes patent information services, trademarks registration, and patent offices, and the enforcement of copyright law in developing countries and awareness/training programs in this respect will benefit the scientific and industrial communities in developing countries which in turn will increase the growth…

  • Outsourcing in Pakistan: Economic Benefits

    Table of Contents Country Background Business Proposition Supporting Evidence and Analysis Security and Confidentiality Threats Poor Infrastructure and Service Delivery Conclusion References Country Background Pakistan is located in South Asia with a land cover of 881,913 square kilometers, which makes it the 33rd largest country globally. The country borders India, Afghanistan, Iran, and China to…

  • Competition in Economics

    Table of Contents Perfect Competition Monopolistic Competition Oligopoly Monopoly Conclusion Works Cited In economics, the term competition refers to buyers and sellers striving for a bigger share in the market. Individuals and firms have some interest in the products and services within a market structure. Because of the differing levels of competition in the market,…

  • China – Key Statistics on Economic Development

    China is an important and strategic nation not only in the Asian continent, but from the international perspective as well. In recent years, with China adopting the liberalization and globalization policies in right earnest, the world community has been forced to take note of China’s strength while expressing different kinds of reactions. While on the…

  • Events Leading up the Economic Correction in 2008-2009

    Table of Contents Introduction Elements of the major economic market corrections Conclusion Works Cited Introduction Between the years 2007 and 2008, the world experienced a deep recession that greatly affected the global market. This was mainly brought about by the financial crisis that had affected most of the lending activities, with its roots from the…