decline late in the demographic transition, a unique window may open up for a rapid economic growth and human development. As the fertility rate falls down, the young age dependency rate decreases effecting the change in the distribution of age – somewhat more people in the adult age groups that include the productive labor force. This progress in the ratio of the productive workers to child dependents makes economic growth rapid and less burden on the families. As the demographic window of opportunities
In her book, Brave New Neighborhoods: The Privatization of Public Space, Margaret Kohn illustrates the “political impact of the privatization of public space” (2004). When cash-strapped cities and local governments began to encounter difficulties providing public goods (such as public parks and public open space) in the 1970s, a significant shift gave way to private interest as cities bartered zoning rights for the provision of public space with businesses and corporations. Zohn argues that this
In the late 19th century, monopolies were formed, allowing competition to be scarce and a risk for the government. However, due to the ability to expand, have great efficiency and success in business, and have corruption, the monopolies impacted the economy. Therefore, the monopolies that developed during this time were both harmful and beneficial to the economy of the United States. Monopolies kept on expanding across the country. Some of these included John D. Rockefeller’s Oil Company and Andrew
went ahead and reduced employee wages and benefits, took part in illicit dealings to increase and swapped to operate financially in order to increase profits. Financialisation , globalisation and neoliberalism therefore has impacted negatively on economic prosperity prospects. Parenteau (2005: 111) termed the 1990 financial bubble as “financialization in the extreme”, he stated that financial incentive motives and fundamental changes in insttitutions are what caused the detrimental bubble. Some of
QUESTION 1 (A) National Income is the amount of money within a county and affects the gross domestic product through the macroeconomics. Income per capita may becalculatedby the average amount of money for the particular individual of group. It is useful by evaluating how the standard of living is and the prosperity of the people in the specific places. This income per capita is indicate how much money each person earns including the salaries, wages and any self-employment income for every man,
grew in the industry. The rise of maquiladoras also strengthened unionism in Mexico, leading to a workers consciousness of rights in that area. Although weak, resistance was still generated in the worker organization and consciousness during these economic changes and provided new views on workers
The ongoing debate of globalization is a dominant one in the political and economic world. This phenomenon includes increased trade, finance and information across state borders. Globalization has influenced the national market since the late 1970s and the information technology revolution has been important in simplifying globalization and has also had an effect on political economic systems. The two sides of this debate consist of those who think that national political economies will converge
A STUDY ON THE SOCIO –ECONOMIC CONDITION OF INDUSTRIAL WORKERS IN THUVAKUDI, TIRUCHIRAPPALLI DISTRICT INTRODUTION: Indian industries are the major aspects for the rapid growth in modern India. Industries play a vital role in shaping the economy of a society. Though India is basically an agrarian nation. Yet Indian industries provide a financial support to the country. Industries are the major aspects for the rapid growth in modern India. Industries play a vital role in shaping the economy
Example- States like Haryana offer a freeze on power tariff for 5 years, while Gujarat offers exemption from electric duty. Economic Economic factors play a huge role as these factors are determinants of an economy’s performance that directly impacts this industry and have resonating long term effects. Currently the economic factors favour cement industry. • Economic growth patterns- • Rise in infrastructure & housing projects • Growth of
1) Introduction Competitive Advantage of Nations is a largely reputable yet often criticised work by Michael Porter (1990). The framework of competitiveness by Porter explained the achievements of industries and their contributions to the success of nations worldwide. Firstly, the concept of National Competitiveness and the Diamond Model will be briefly explained. Secondly, the varying criticisms of Porter’s theory by other academics will be discussed. Thirdly, the crucial missing dimensions in