Economics

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  • Importance Of International Logistics

    2343 Words  | 10 Pages

    the world economy, which is characterized by the formation of a global economic space and the creation of a single market of production and distribution of wealth. The emergence and rapid development of international logistics systems (ILS) is a manifestation of globalization, a process most directly affecting the world economy and the economic activity of international companies. The subject of this research paper is economic, managerial and organizational relations connected with the formation,

  • Relationship Between Corruption And Poverty

    905 Words  | 4 Pages

    poverty. Rather, corruption has direct consequences on economic and governance factors, intermediaries that in turn produce poverty. Thus, the relationship examined by researchers is an indirect one. Two models emerge from the research literature. The ”economic model” postulates that corruption affects poverty by first impacting economic growth factors, which, in turn, impact poverty levels. In other words, increased corruption reduces economic investment, distorts markets, hinders competition

  • Microeconomic And Macroeconomics Analysis

    882 Words  | 4 Pages

    Economic relations are an important part of human life and it has a significant impact on individuals and on the entire state. It is impossible to ignore the interaction with other subjects and insulated from them. It is not surprising that scientists have studied for several centuries the circle of this relationship closely to identify interrelated patterns. Separation theory of micro and macroeconomics allowed to answer various questions which humanity facing. Macroeconomics – is the section of

  • Wto's Role In International Trade

    1243 Words  | 5 Pages

    given traded product. In this report, I am going to rationalize the role played by the fundamental WTO principles of reciprocity and nondiscrimination using economic theory known as absolute advantage and comparative advantage. Trade liberalization can help countries to better utilize their resources through specialization and exploitation of economic scale. It is a more efficient use of resources that provides the potential for a higher level of income and therefore, a higher level of development. The

  • Advantages Of East Asian Economy

    1063 Words  | 5 Pages

    forward three aspects to analyze why this model has succeeded in history. Specifically, appropriate development strategies, strong state interventions and efficient administrations are important factors for the economic miracle happened in East Asia. I.Introduction: Since the 1970s, the economic achievements made by Japan, South Korea and Taiwan has aroused a lot of attention. It is widely accepted that the reconstruction

  • Capitalism And Freedom Friedman Analysis

    1360 Words  | 6 Pages

    16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy, Friedman was also an advisor to Republican U.S. President Ronald Reagan] and Conservative British Prime Minister Margaret Thatcher. His political philosophy extolled the virtues of a free market economic system with minimal intervention. He once stated that his role in eliminating U.S

  • Social Determinants Of Health

    1634 Words  | 7 Pages

    well-being and not merely the absence of illness or infirmity” (World Health Organization, 2018). Health has always been a very big issue in the society, but everyone only focuses on the traditional medical conditions but not the environment and the socio-economic factors that affect health. This paper is going to focus on the social determinants of health.

  • Transaction Cost Theory

    996 Words  | 4 Pages

    different approaches or theories. More specifically the objectives are to introduce Transaction Cost Theory and enumerate several critiques brought to it, to review Hymer's work within the field, to analyze the Uppsala Model and ultimately to compare the economic approach represented by Transaction Cost Theory and the cultural approach represented by Uppsala Model. There are several theoretical approaches that give an answer to the question why businesses are internationalising, each of them with strengths

  • Rural Infrastructural Development

    1589 Words  | 7 Pages

    RURAL INFRASTRUCTUR: EMERGING TRENDS AND PERSPECTIVE *Digambar Chand Rural Infrastructural development measures the pulse rate of economic growth and economic development of any region of a state. Tele density, road connectivity in villages, electrified households and permanent houses are changing the landscape in rural areas. Rural income has been changed from traditional sources of farming to non-farm sector. At least one person from farming sector has been employed in service sector by earning

  • Neoclassical Demand Theory

    818 Words  | 4 Pages

    3.2. Neoclassicals say there is no neoclassical supply and demand theory If incidentally neoclassical economics creators had the intention of producing a realistic supply and demand theory of price and production determination, they would have somehow adopted and tried to develop the pioneering Cournot’s work (Cournot, 1838) on maximization. They would have failed, but actually they never had such intention since they must abide by the monetarist dogma imposing that the general price index is determined