sample
Haven't found the Essay You Want?
For Only $12.90/page

Growth Essay Topics & Paper Examples

Economic Growth

There are different drivers of economic growth into country and research has to some extent also demonstrated that it can be associated with typical characteristics of the country too. Explaining economic growth through a relatively new theory of endogenous growth suggest that policy measures, if taken properly, can result into long term benefits for the country and that the country does not necessarily need to rely on the external or exogenous factors such as technological innovation. The neo-classical models of growth advocated that in order to attain a consistent long term economic growth, a consistent change into the technological advances such as new processes, new goods and new markets etc must take place. (Aghion et. al, 1998). It has always…

Major Engines of Growth in Canada’s North

Canada has one of the strongest economies in the world and is actually rated as the tenth world’s largest economy. Canada is one of the wealthiest nations of the world and is a member of Group of Eight (G8). As a matter of fact, the government’s debt burden of Canada was the lowest by 2008 among the G8 nations. The Canadian economy is majorly reliant on the service industry as major employer of most of its citizens and for economic development. International trade makes the most of the Canadian economy with the export of natural resources being at the center stage. Northern Canada is one the major economic locations within Canada. This part of Canada controls major economic policies in…

Economic Growth

In any nation, the government policies, institutions, and laws collaborate to create a growth infrastructure which coordinates, enables, and encourages the economic behavior that results in the accumulation of human capital, physical capital, natural resources, and technology. These resources have a role in generating sustained long-run economic growth. Physical capital refers to the tools that are used to leverage the productive ability of an average worker. Physical capital includes transportation equipments, computers, machinery, and factories which facilitate the production of goods and services. They expand the capacity of an economy to produce goods in the future, thereby promoting economic growth. (Jones, 2002) Human capital refers to the numerous abilities that enable an average worker to apply and understand new, productive…

Sectoral change in indian GDP

Index Introduction: About the Indian economy- The economy of India is the ninth-largest in the world by nominal GDP and the third-largest by purchasing power parity(PPP). India is the 19th-largest exporter and the10th-largest importer in the world. The independence-era Indian economy (from 1947 to 1991) was based on a mixed economy combining features of capitalism and socialism, resulting in an inward-looking, interventionist policies and import-substituting economy that failed to take advantage of the post-war expansion of trade. This model contributed to widespread inefficiencies and corruption, and the failings of this system were due largely to its poor implementation. In 1991, India adopted liberal and free-market principles and liberalised its economy to international trade under the guidance of Former Finance minister…

SRi Lanka Travel & Tourism

With over 1,600 km of coastline, Sri Lanka is well known for its tropical beach resorts and related sports such as water sports, deep-sea fishing, underwater photography, scuba diving at shipwrecks and coral reefs, and whale watching. Other major tourist attractions include ancient heritage sites and forest resorts in Wild Life Sanctuaries. There has been a significant improvement in Sri Lanka’s tourism with the return of peace to the island nation, following the May 2009 declaration of conclusive victory over insurgent forces. Since the 1980s, Sri Lanka’s tourism was adversely affected because of the ethnic conflict. Tourist arrivals shrunk from 407,230 in 19821 to 302,000 in 1996. Since then, the tourism industry picked up with tourist arrivals increasing to 566,200…

Liberalisation in india

Indian economy had experienced major policy changes in early 1990s. The new economic reform, popularly known as, Liberalization, Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. The series of reforms undertaken with respect to industrial sector, trade as well as financial sector aimed at making the economy more efficient. With the onset of reforms to liberalize the Indian economy in July of 1991, a new chapter has dawned for India and her billion plus population. This period of economic transition has had a tremendous impact on the overall economic development of almost all major sectors of the economy, and its effects over the last decade can hardly be overlooked. Besides,…

Fixing Poverty in the Philippines: Mission Impossible

The Philippines has the second highest poverty incidence at 40%, in Southeast Asia, following East Timor which has 55% (Aldaba, 2005). Also according to Aldaba (2005), poverty in the Philippines has always been a rare rural occurrence, in spite of the fact that the poverty in urban areas is also increasing. More than two-thirds of the poor families in the Philippines live in rural areas. The Family Income and Expenditure Survey (FIES) states, based on legitimate poverty lines, that poverty incidence in the Philippines has dropped from 49.3% in 1985 to 36.8% in 1997, a downfall of a total of 12.5 percentage points in 12 years. On the other hand, poverty incidence increased by 3.2 percent from 36.8 percent in…

Explain the Relationship Between, Entrepreneurship, Innovation and Economic Development

Joseph Schumpeter formally regarded the understanding that entrepreneurs are often innovators, bringing new, improved goods and technologies to markets, creating new niche upcoming solutions and delivering them into new markets. Entrepreneurship focuses on the creativity, moment of inspiration, the why when and how of certain opportunity recognition. According to Schumpeter “the role of entrepreneurship is implicit as an underlying cause of innovation. However, innovation is not solely the domain of entrepreneurs” – The idea of Entrepreneurship somewhat relies on the effective means of innovation. The concept of innovation allows the development of new ideas, inventions and their making come to pass. Economic development undertakes the adoption of new market technologies and industry based economies to see and improvement in economic…