Essays on Global Economy

The orthodox neoclassical theory considers natural resources to be a potential source of income and accentuates the positive role of natural resources in economic development. Despite the potentially beneficial impact of natural resource wealth on economic prosperity, empirical research has shown that natural resource-abundant economies...

The White House has been threatening the funding for foreign aid in 2020. They have proposed a 23% cut. The budget will go from $52.5 to $40 billion. The government has been garrulous about foreign aid. The United States is one of the countries with...

Since the begging of the 15th-century exploration had been the focal point for many nations. China and Europe both set sail with the same overall goal: overseas expansion. Although China’s expansion ended just before Europe began, there were many similarities and differences between the two....

Travelers broadened their experiences and served as intercultural information and innovations distributors. Religious believers and tourists helped the people attend multicultural religious groups outside their own temple or church or mosques. Explorers and victors have brought individuals, but always counter to their will into the...

Farming The Vikings were more than just bloodthirsty killers, as they were doing a lot of activities. Like farming, exploring, technological inventions, social organisations and much more. Farming was a very important part of the Vikings era. A very large amount of the Vikings population...

At the just ended World War II, the International Monetary Fund (IMF) and World Bank were created by the U.S.A and British governments in 1944. They are twin intergovernmental institutions that are puissant in shaping the structure of the World’s development, financial arrangement and to...

International economic institutions such as the International Monetary Fund, The World Trade Organization and The World Health Organization make developing countries economically better off. International Institutions as such rule in which globalization and Institutions that would enforce rules regarding International trade and identify violators. Such...

Rwanda is one the poorest countries of the world: its HPI-1 is of the 44,5%. The causes of economic weakness are to be found in the distance from the sea, in the economic dependence on the export of tea and coffee and in the precarious...

Definition of International Monetary Fund (IMF) Strategy The International Monetary Fund (IMF), generally called as the Fund, is an overall connection with the headquartered in Washington, D.C, containing 189 nations endeavoring to develop overall cash related investment, secure budgetary quality, support all inclusive trade, advance...

In order for global businesses to achieve their economic activities, trade theories are explored to help strategize their means of operations across borders. Trade theories allow global businesses to decide what, how much, and with whom to import and export. There are trade theories that...

Nations have become independent politically but remain economically shackled in an endless circle of dependencies. The late 1960s was at a time that colonial rulers lost power over colonies in Africa, forcing them to grant independence. In 1944 another form of modern day colonialism was...

Introduction This essay will be discussion and research around the topic of marketing research, firstly will be the definition of marketing research, secondly will be the Importance of marketing research to Majan international agencies travel and tourism, thirdly will be the Difference between digital data...

People reside in an ever-increasingly connected world that brings opportunities to learn from each other’s cultures and ethical practices. McDonald’s has and continues to have an outstanding impact in the United States and the global society. It is not merely a restaurant, but a cultural...

Food waste comes from all around the world by people throwing away food that may come from uneaten food, expired food or leftover food. “ 1.3 billion of food are wasted every day. We love to eat! So why do we throw away almost half...

Introduction Ever since the concept of globalization took over the business world by storm, food industry has been one of the most sought after area for expansion across borders. No matter how tempting the idea of global expansion may sound, one cannot just simply jump...

India has arisen as one of the quickest developing significant economy on the planet and is required to be one of the best three financial forces on the planet throughout the following 10-15 years, sponsored by its solid majority rule government and ground-breaking associations.  India...

Introduction COVID-19 which is termed as Corona Virus Disease was first identified in Wuhan-one of the major transportation hub in China in December-2019. From there, it has been spread worldwide and has been declared as pandemic by World Health Organization (WHO) in March-2019. The effects...

As a customer in today’s world, all of us have a huge choice of goods and services before us. The most recent models of laptop, mobile phones, camera, tv etc produced by the top manufacturer of the world are available to us. A Huge number...

Adam Smith, coined rightfully as the Father of Modern Economics, in 1776 in his book ‘The Wealth of Nations’ laid the foundation of the concept of free trade. Though by no means a novel concept, it had been informally practiced throughout British colonies as well...