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Economic Development Essay Examples and Topics

Industrial and Post-Industrial Economies

The industrial economies have a major tendency to have technological innovation and also they usually specialize in manufacturing which serves as the basic need for the people living in those economies.
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  • Words: 527

India: Strategies in Action

Therefore in this study, an effort is being made to analyze some of the strengths and weaknesses of India from a globalization perspective.
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  • Words: 3610

The Rise of China and India in the Past Century

Due to the waves that were created by the said issue in different forms of media, the query can be considered important specifically in the study of the economic status and environment of the modern [...]
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  • Words: 2058

Latin America – Economic Development

The end of the 20th century was crucial for many economies in the world because of the increase in global processes and especially the globalization of economies.
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  • Words: 1882

Economic Progress in South Korea

The once rated together with the African and Asia GDP pa capita has stepped up to a trillion-dollar nation joining the range of lesser economies in Europe. The weaknesses of the southern Korean developing model [...]
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  • Words: 978

Chinese Economy: Major Contributory Factors

Also we will examine the Chinese stock market performance in relation to the rapid industrialization The table below gives a summary of the economic statistics of China.
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“The Mystery of Capital” by de Soto Analysis

Hernando de Sato, the Peruvian diplomat, in a thought-provoking book on capitalism, analyzes the reason why capitalism seems to work in some nations, mainly the ones in the West, and fails miserably in the rest [...]
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Business in Russia and China

Given the relative lack of of pre-existing institutions designed to deal with hard-currency transactions and the rapid increase in foreign investment after the beginning of the transition, the evolution of of foreign investment and advice [...]
  • Pages: 8
  • Words: 2845

New International Cooperation in the 21st Century

The major aim of international cooperation for development is to see to it that there is progress in needy nations. This is in relation to the overall policy management of the integral issues in international [...]
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Structural Adjustment Programs and Gender

One of the challenges comes from the truth that from the start the SAPs were not targeting gender explicitly; rather they were targeting specific economic variables and only unreservedly assumed that economic reforms, freeing economies [...]
  • Pages: 10
  • Words: 2795

Mexico’s Neoliberalism and Its Negative Impact

The theoretical premises of neoliberal policies were elaborated in 70-s by the group of scholars closely associated with the interests of international monopoly capital which sought to debunk the so-called welfare state in the West [...]
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  • Words: 2770

The Economics of the Civil War

Evidently, the chief outcome of civil war is the loss of life and general depression in the healthiness of the population at large.
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  • Words: 1321

Development Economics in Libya

Second, the distribution of oil wealth will be decentralized, that is, send directly to the people at the grassroots as opposed to the current ministries that are prone to bureaucratic tendencies that create inefficiencies.
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  • Words: 564

Thailand’s Economy Development Using Education

Most of the data being sent and received are packets of intangible knowledge and information that should be filtered, refined and maximized for the welfare of the entire modern civilization.
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  • Words: 1009

Venezuela’s Economic Development

Nonetheless, the economy bonded by 29% in the first quarter of 2003, mainly because of the results of the strike, and it was predicted to reject by 12% over the course of the year. In [...]
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  • Words: 1255

The Economic Systems of Nicaragua

Walker agreed to help the liberals, and as a result of several armed conflicts, was proclaimed president of Nicaragua in 1856.
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  • Words: 1421

Role for Business in Supporting Economic Development

When analysing the sphere of business, including small private enterprises and the sector of large entrepreneurship, it is worth noting that this industry is an essential background for the financial development of countries since a [...]
  • Pages: 9
  • Words: 2483

Botswana’s Economic Development: Policy Brief

The colonial history of this country affected its development in the subsequent years because it played a role in determining the specific industries that the state could emphasize.
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  • Words: 1107

2008-2009 UK Recession

Understanding the fundamental concepts of macroeconomics will help evaluate the causes and consequences of the 2008-2009 recession in the United Kingdom.
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  • Words: 1658

The Success of India’s Economy

There is a need for different sectors, departments, and ministries to collaborate in an attempt to support the country's objectives and meet the needs of every citizen.
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  • Words: 568

India’s Economic Growth

Fiscal reforms and the transformations in the agricultural sector have resulted in the rise of entrepreneurial activity. The government also supports manufacturing and foreign investment, which contributes to the sustainable development of the economy.
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Growth of Manufacturing

Besides, the growth of manufacturing is one of the main factors needed for the empowerment of a certain region and its becoming prosperous. Moreover, the influx of manpower to the manufacturing sector will stimulate its [...]
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Economic Growth and Technological Change

It is suggested that the combination of these ideologies enhances the freedoms of individuals, and allows the economy of the country to develop at a rapid rate.
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Nation’s Economy

The factors that helped increase the nation's GDP are the increased spending by both the government and the population. The Fed changes its rates in direct proportion to the changes in inflation and economic growth.
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The Albertan Oilfield Importance to Canada

Economic-wise, the northern Alberta region represents a region endowed with large deposits of oil sands, a single-most important source of Canadian oil accounting for 98% of the total oil reserves.
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  • Words: 904

Innovation in the Arab World

This paper analyzes the two videos with the view to discussing some of the most important trends for the UAE that may appear in the next five years and how these trends will provide opportunities [...]
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  • Words: 608

Effects of Trade Liberalization in Latin America

The validity of this suggestion can be well explored within the context of how trade liberalization in Latin America had affected the economic well-being of the region's countries, and also within the context of how [...]
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International Trade Impact on the Amazon Region

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In addition, for the Amazon region to come full circle from the agrarian economy to the "adolescent economy," governments in the region have to participate in the improvement of trade on the international front.
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Future of the Canadian Economy

In this case, the finance minister wants to increase the country's exports. In this case, economic recovery will depend on various policies that the system will come up with.
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Free Trade and Economic Development in Kenya

To enhance the balance of trade, there is a need to make various changes to the trade barriers. As a fact, this will be a relief to the Kenyan economy, as the balance of trade [...]
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  • Words: 658

Microfinance for Sustainability in Developing Countries

To know whether microfinance institutions contribute to the alleviation of poverty in a poor society. To find out how microfinance institutions lead to the establishment of small businesses by poor individuals in society.
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  • Words: 439

Demographic Economics of China and India

The China government, therefore, instituted some improvements in the social and economic aspects of the country, which led to a reduction of mortality rate.
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  • Words: 978

Economic Growth: Problems in Different Countries

The author analyzes the political and legal situation in the developing countries and devises two principles in integrating and blending informal and legal systems of property ownership.
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Wellbeing and Human Development Assessment

While assessing the wellbeing of people in a country, a person should look at a series of indicators that can throw light on the degree of human development in a certain region or state.
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Economic Development Activities and Policies

In summary, it involves socio-economic, religious, and political growth that enhances the quality of life of the people. Most countries do not focus on human concerns because this is not the parameter that is used [...]
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Millenium Goals in Brazil, Russia, India, China

In order to assess the current levels of development and progress made by the BRIC countries, it is crucial to use indicators such as Gross Domestic Product, health expenditure, net enrollment for universal education, poverty [...]
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Economies in Latin America Race Ahead

According to Romero's examination, there is a likelihood that the Latin American region is facing bright economic days ahead but there are challenges with enough potential to derail the expected economic growth in the region."Los [...]
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  • Words: 449

“For Poor Countries, China Is No Model” by D. Moyo

Nevertheless, several governments have adopted the China model to control the growing discontent in the public. First, China depends on exports to drive its growth, which is mainly favored by the free market economies of [...]
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Inequalities in the World Today

The other inequality is in cities around the world which are thought to be well of yet there are incidences of inequality.
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“The Arab Spring at One” Article by Fouad Ajami

Providing the arguments for his point of view, Fouad Ajami focuses on the general overview of the details of the situation in all the Arab countries in which the violent rebellions became the main approach [...]
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  • Words: 500

Middle Eastern Economic Underdevelopment

In his article, Timur Kuran pays attention to the fact that the modern recessing processes in the economy of the Middle Eastern countries in comparison with the economic growth of the Western countries can depend [...]
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  • Words: 558

Economic Development: Prosperity and Poverty

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The majority of the poor people in the slums and villages use small capital to run their businesses. Good institutions enforce the property rights of the majority in the society, create constraints for the elites, [...]
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Economic Development Theories

For example, the IRD program in the Southern region of Africa encompasses the aspect of agricultural transformation relating to the restocking of animals and non-farm activities that involve brick building projects aimed at promoting social [...]
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Analyzing Economy of the US

Failure to regulate the company would have led to the creation of a monopoly in the region. Therefore, a monopolist creates loss of welfare to the consumers.
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  • Words: 877

Dubai Expo 2020 and Economic Development

Regardless of the fact that that are still no published economic evaluations about Dubai 2020 because of the lack of relevant data, it is expected that from the economic perspective, all costs devoted to the [...]
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African Governance and Entry of Multinationals

The research idea for this study is premised on understanding whether there has been a general improvement in political and economic governance structures in Africa to support the current wave of MNC entry on the [...]
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  • Words: 3363

Determinants of Profitability of UK Companies

The selected independent variables of each of the models were the liquidity ratio, the gearing ratio, the asset turnover, the inventory turnover, the collection period, the credit period, the interest coverage, the market capitalization, and [...]
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Green Economy Transition for Developing Countries

It emphasizes the fact that such an alteration is advantageous for them because it allows for the enhancement of the living conditions of the population when other practices turn out to be ineffective.
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  • Words: 2685

Mexico: Country and Supplier Research

It neighbors the United States on the Northern side, the Pacific Ocean to the south and west, Guatemala and Belize to the East, and the Gulf of Mexico to the Southeast.
  • Pages: 10
  • Words: 2755

Peru Economy and Business Risk Assessment

To create suitable conditions and effective management strategies for the long-term success of the organization, the risk committee must focus its efforts on identifying and analyzing the scope of possible risks as well as the [...]
  • Pages: 4
  • Words: 1112

Sustainable Development and Industrialization

As a result, sustainability can be discussed in terms of the modern economy, the globalizing trading relationships, the rapidly developing field of technology that tends to produce adverse effects on the environments, the global society's [...]
  • Pages: 8
  • Words: 2246

Chinese Economy and Export-Based Growth

The author further analyzed that the 'new normal growth' is expected to be truly fast, and it is likely that the country will see a rapid expansion of this fresh economic sector within the next [...]
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Post-War Global Cultural Economics and Development

Mostly, the recession affected the German economy because of the conditions of the Treaty of Versailles. Both democracy and capitalism are based on the freedom of choice, in contradiction to socialism as an authoritarian political [...]
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  • Words: 671

Saudi Arabian Human Capital and Economic Growth

The current situation poses a significant risk for the future, as it is unclear whether or not the country will be able to take its place on the global oil market again nor what the [...]
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  • Words: 570

Economics and Technology in Europe

The seventeenth and eighteenth centuries in Europe were marked by a rapid expansion of agricultural productivity that necessitated a growth in the production of manufactured goods.
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The UAE Ministry of Economy

The UAE Ministry of Economy views the management of key economic processes and transactions in the environment of the state, as well as the active promotion of economic growth, as its key mission.
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Dubai Government Excellence Program

Dubai Government Excellence Program can be regarded as one of the factors contributing to the economic growth of the UAE. Nonetheless, it is important to take into account such factors as the fear of failure, [...]
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  • Words: 1115

Nigeria’s Economic Potential and Development

If the value of the country's informal sector is factored in, the 2012 GDP figure ascends to about $630 billion. The government of Nigeria is seeking to privatize the NRC to restore the infrastructural and [...]
  • Pages: 7
  • Words: 1962

Do Central Asian States Suffer from the Resource Curse?

Kazakhstan is the most interesting country when it comes to analysis of the paradox of plenty because the discrepancy between the resource potential and the development of the business sector is the biggest among the [...]
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  • Words: 1126

International Monetary Fund’s Forecasts and Concerns

The glowing prediction indicates an occurrence of a change in circumstances for the fund as it has been subdued in the recent past concerning the ability of the international economy to ensure continued growth.
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  • Words: 568

India’s Regional Development and Globalization Benefits

In their peer-reviewed article "Investigating the Linkage Between Infrastructure and Regional Development in India: Era of Planning to Globalisation", Ghosh and De discuss the impact of economic and social infrastructure on the development of Indian [...]
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  • Words: 589

Naked Economics: Understanding the Dismissal Science

Thus, the chapter tackles the topic of the value of money, which is confusing and often misinterpreted by the public. While the topic of international trade seems to be interesting only to the specialists in [...]
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  • Words: 631

Education, Human Capital, and Economic Growth

In the broad sense, it is an intensive productive factor of economic development, including the educated part of the labor resources, knowledge, tools of intellectual and managerial work, and the environment of living and working.
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Vietnamese Poverty and Productivity Increase

There was also a change in the percentage of the population that lived on or below the poverty line. In1993, 60% of the population was living on or below the poverty line through this reduced [...]
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  • Words: 570

Ethiopia’s Development, Healthcare, Human Capital

However, even though health service delivery is not decently managed, there is a lack of health and workforce financing, and health technologies, the country receives help from the outside that improves the current condition. It [...]
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  • Words: 873

China’s Current Development Strategy

Over the last three decades, China has experienced consistent economic development in unprecedented levels, which resulted in taking the country to the second biggest economy in the world.
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  • Words: 570

Recovery in “The Affluent Society” by Galbraith

Therefore, he wants the audience to be open to his ideas and accept them, since he has enlightened them on the flaws of conventional wisdom. Thus, wealth and affluence are detrimental to economic improvement, since [...]
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  • Words: 939

Poor Economics and Global Poverty

In the given paper, we will discuss and analyze the factors contributing to the increase in poverty rates, review the consequences and effects of poverty on individuals and the society as a whole, and outline [...]
  • Pages: 8
  • Words: 2308

“Do Poverty Traps Exist?” by Kraay & McKenzie

They believe unless there is a proper policy in place that can change the fundamentals of the economy, simple investment with the assistance of foreign aid will not help the country to come out of [...]
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  • Words: 854

Japanese Economy After the Second World War

The magical development of the Japanese economy after the Second World War cannot be described fully without a reference to the role of the United States in the internal industrial affairs of the country.
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  • Words: 1085

The Economic Situation in Kuwait

The local currency, the Kuwaiti Dinar, enjoys the highest value on the global currency market, and the country itself is the fourth richest country per capita according to the World Bank, and the fifth according [...]
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  • Words: 840

Human Development Index in Economic Measuring

The study had several objectives, including classifying the scientific approaches to the formation and development of human potential, determining the core of the HDI in a system of quantitative and qualitative economic parameters, and determining [...]
  • Pages: 11
  • Words: 2547

China’s National New-Style Urbanization Plan

The problems related to the rapid growth of the city population have accumulated at a certain point and started to prevent the further improvement of the quality of life of the population.
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  • Words: 1096

Ibn Khaldun’s Umran Theory and Economic Growth

Although the subject matter is typically viewed as the means of explaining the development of the contemporary society from the perspective of the cause-and-effect concept; however, the specified approach is a common misconception and a [...]
  • Pages: 10
  • Words: 2821

Overcapacity as a Chinese Economy’s Challenge

One group of people is of the view that the fast economic development will stop soon, while another group believes that China has the ability to be one of the biggest economies in the world.
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  • Words: 1393

Parity Conditions and Country’s Evolution

For instance, parity conditions are most noticeable when "economic conditions and changes in economic conditions in different countries take effect on the value of goods measured in different currencies and the relative values and opportunity [...]
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  • Words: 858

The Role of Innovation in the Development

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Innovation is one of the causal factors of fundamental changes in the livelihood of people in the society. The role of innovation in the development of military, economic, and cultural superiority was the facilitation of [...]
  • Pages: 6
  • Words: 1638

China and India: Opportunities and Challenges

The countries of the West are likely to get dissatisfied with the China and India's opportunity to excel them. The economic growth of China and India shows that soon their power is likely to excel [...]
  • Pages: 3
  • Words: 850

Asian Business Environments: the Dynastic Cycles

Therefore, understanding the history of dynastic cycle of China, which became responsible of centralized power, military and economic expansion and subsequently decline in chaos, this research paper will explore to what extend does recent understanding [...]
  • Pages: 11
  • Words: 3338

The World Bank’s Structure, History, Activities

In this work, the organizational structure and mission of the Bank are explained, a brief history of the Bank is given, various aspects of the activity of the World Bank are studied, their effectiveness assessed, [...]
  • Pages: 22
  • Words: 3932

Bahrain Economic Development

Furthermore, the government of Bahrain pays attention to the diversification of the economy because this task is critical for the long-term development of the country.
  • Pages: 4
  • Words: 1133

Microfinance Institutions: Economic Services

MFIs also play a significant role in spurring the economic development of a developing country as they often contribute to the formalization of the informal sector by ensuring that small enterprises are able to access [...]
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  • Words: 571

China’s Economic Development and Social Problems

Despite the profitableness caused by the development, the wealth is still available only for a small number of people, and the majority of the Chinese population cannot afford such ordinary things as education and medical [...]
  • Pages: 2
  • Words: 439
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