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Understanding the Global Economy

Ch. 3 World Economy The definition of a nation-state is a more unified country, which means the people share a common culture and language that means that they are loyal to their sovereign. An absolute monarchy was starting to develop more power over their subjects...

World Economy 1 Page

India’s richest 1% hold 73% of wealth generated: Oxfam Survey

Davos: Released hours before the start of World Economic Forum Annual Meeting on Tuesday, Oxfam survey revealed that the richest 1% in India cornered 73% of the wealth generated in the country in 2017-18. Additionally, the poorest half of the Indian population, amounting to approximately...

Indian Economy World Economy 1 Page

Ashish Bhalla explaining the Positive Effects of International Trade On Emerging Countries

International trade is believed to exacerbate inequalities between Western countries and emerging countries. Some would argue that the world economy is dominated by transnational corporations which seek to maximise profits without any regards for the development needs of local populations. Some even go as far...

International Trade World Economy 1 Page

The Illiteracy Investigation

The ‘rising tide’ economic theory developed by Nobel prize winning economist Joseph Stiglitz stated that ‘the rising tide has only lifted the large yachts, while many of the smaller boats have been dashed on the rocks.’ Stiglitz explained that we keep looking to standard economics...

Economy Money World Economy 2 Pages

What are Economic Relations?

Economic relations can be defined as the economic interaction among various countries and their effect on global economy The impacts on governments restriction on production, consumption and distribution of income play major role in economic relations of a country with the other Example: India, inspite...

Business Economics World Economy 2 Pages

The Multilateral Debt Relief Initiative

The International Monetary Fund, also known as the fund was created in 1944 because of the great depression and with the intention of preventing a similar event. The IMF is normally the last resort for countries when in need of emergency funding and thus includes...

Debt International Monetary Fund World Economy 1 Page

A View of How the 2008 Financial Crisis Affects Global Economy and Policies Set By Financial Institutions

Following the financial crisis in 2008, there is much more enthusiasm in the policy-making classes for supra-national regulation, or , at least, coordination of regulatory rules. A good example of rules being set on a global scale is the Basel Committee’s rules on bank capital...

World Economy 5 Pages

China–Pakistan economic corridor

There are an estimated 2,442 km (1,517 mi) of resource roads in CPEC roadway network. CPEC roadway network (Eastern Alignment and Western Alignment) will be used for cargo transport, forest, mineral, and energy development, commercial and in some cases public recreation. There are, of course,...

China Pakistan World Economy 5 Pages

The diplomatic relations between the Kingdom of the Netherlands and Romania

The deep-rooted diplomatic relations between the Kingdom of the Netherlands and Romania can be traced back centuries ago. On the 13 February 2015 both countries’ embassies celebrated 135 years of successful cooperation between the counterparts. Both of which are very fond of being able to...

World Economy 5 Pages

An Analysis of the Pros and Cons of Globalization and How It Affects Global Economy

Several aspects define globalization, and it has a broad meaning that mainly dwells on the changes occurring on the social, economic, and political lines in the world today. According to Sassen (2015), globalization has made the world presume a single nation. In business, globalization has...

World Economy 1 Page

THE EFFECT OF CASH CONVERSION CYCLE ON THE PROFITABILITY

Cash conversion cycle is a concept that is receiving serious attention all over the world especially with the current financial situations and the state of the world economy. The concern of business owners and managers all over the world is to devise a strategy of...

Economy World Economy 1 Page

Meeting the team behind Uchain

Because the market, customers and technology are ever changing, companies existing today do not have the level of comfort or security that existed before. Now there’s always another business waiting around the corner to take all your clients away from you. This means companies always...

Blockchain Modern Technology World Economy 3 Pages

Diversity in Focus: Workplace Diversity

“ Global Impact In a rapidly growing globalised economy, workforces that are culturally diverse can help organisations expand their business in global markets. Being able to communicate effectively in different parts of the world is a crucial benefit, as well as knowing how to create...

Diversity Globalization World Economy 1 Page