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Economic growth Essay Topics & Paper Examples

India, China Economic Growth

India with about 1. 2 million populations and china with about 1. 3 billon population are two big demographic and emerging countries in the world . Over a past few decade India’s combination into the economic has been accompanied by remarkable economic growth (World Bank 2011¬). India is having the 3th position on the economy in purchasing power parity (PPP) terms (The Economic Times, 2012). India’s total GDP (gross Domestic Product) growth was 5. 5% in 2012 and inflation rate is was ……… (The Economist, 2012) . According to government of India poverty has been decline from 37. % in 2004 to 29. 8% in 2010 (world bank 2011). The major economic growth sectors include service, agriculture, textile and handicrafts…

The Brain Drain Effect

Brain Drain is a controversial topic whether in developing or already developed countries. Leaving one’s country for better opportunities, education, or even lifestyle is not always bad. Wanting to change and evolve to the better is not either. Contrary to the popular belief that brain drain is bad, there are some hidden benefits to what people call brain drain. Brain drain helps some immigrants to learn and explore new inventions and innovations abroad so that when, at least a small percentage of people, return they give back to their country. In addition, it also helps the emigrants’ homeland countries’ GDP through their remittances. Of course there is a negative side to Brain Drain as well. The arguments that will be…

Economics Classical and Keynesian

1. Suppose during 2012 there is a sudden unanticipated burst of inflation. Consider the situations faced by the following individuals—who gains and who loses? a. A homeowner whose wages will keep pace with inflation during the year, but whose monthly mortgage payments will remain fixed. This person has gained. Nominal income is income that you receive in a given time period and it is measured in current dollars. Real income is nominal income adjusted for inflation and is the purchasing power that your money has. Real income dictates the amount of goods and services the nominal income will buy. The homeowner’s nominal income has increased (say 3%), but inflation has increased by the same amount (3%). The 3 percent increase…

Imposing consumption tax on Saudi consumers and its contribution in promoting economic growth

Introduction Saudi economy mostly relies on oil industry and its government has much control over natural resources and main economic activities in the land.  Ultimately, the economy of Saudi is centrally planned and therefore has free market economy. As it can be affirmed, oil industry contributes to approximately 45% of the total budget revenue hence making it imperative to the growth of the country. Till now, Saudi Arabia does not think that there is any need for consumption tax however, the country may face many problems in the future what may affect the economy if the oil dry out.             A recent analysis from Citigroup has raised the alarming possibility that Saudi Arabia might become a net oil importer by…

Eco/561pr – Economics

In modern society people desire goods and services that provide a more comfortable or affluent standard of living. We want bottled water, soft drinks, and fruit juices, not just water from the creek. We want salads, burgers, and pizzas, not just berries and nuts. According to MC-Connell (2008) “Economics, which is the social science concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity.” Scarce economic resources mean limited goods and services. Scarcity restricts options and demands choices. Because we “can’t have it all,” we must decide what we will have and what we must forgo. Consumers are purposeful in deciding what goods and services to buy. Business firms are purposeful in deciding what products to…

Development and Social Change

DEVELOPMENT AND SOCIAL CHANGE STRATEGIES IN KENYA IN THE 21ST CENTURY DEFINATIONS Strategy is a high level plan to achieve one or more goals under conditions of uncertainty. Strategy is important because the resources available to achieve these goals are usually limited. Strategy is also about attaining and maintaining a position of advantage over adversaries through the successive exploitation of known or emergent possibilities rather than committing to any specific fixed plan designed at the outset. Henry Mintzberg from McGill University defined strategy as “a pattern in a stream of decisions” to contrast with a view of strategy as planning while Max McKeown (2011) argues that “strategy is about shaping the future” and is the human attempt to get to…

Problems and Prospects of Poultry Industry in Bangladesh

Problems and Prospects of Poultry Industry in Bangladesh: An Analysis Muhammad Mahboob Ali * Md. Moulude Hossain** – Abstract: The poultry industry has been successfully becoming a leading industry of Bangladesh. The primary objective of the study is to identify the various aspect relating the growth and sustainability of poultry industry in Bangladesh. Authors’ argued that strategic management in poultry sector requires complementing to achieve present Govt.’s vision of Digital Bangladesh 2021. This industry can provide various opportunities to increase GDP growth rate plus equitable distribution through arranging food security as well as ensuring self employment, creating purchasing power and reducing poverty at a large scale. Allowing importance of the country’s poultry industry in order to ensure the sustainable economic…