Why does the economic growth model predict that poor countries should catch up to rich countries in income per capita? Have poorer countries been catching up (converging) with richer countries? Explain Why is China so rich? What are some of the major reasons for poverty around the world? Why...
Why does the central economic problem exist in any society? Why do some politicians claim capitalism works, despite half of the world s children living in poverty ? How do people actually believe in a post-scarcity society? What are the reasons behind underdevelopment, especially t...
Let me step outside the Philippines for a moment, or rather hover above the nation like a drone cam. I’ll look across the landscape and generalize. I admit, these generalizations may not be fair to you or other readers who don’t really fit into my model. I apologize and ask you to...
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However, Tokyo is the largest metropolis in the world, so one would expect to see things there that would only exist on a much smaller scale in other cities. And repulsive areas do exist in many smaller Western cities, including the U.S. It seems that a certain type of psychological ...
the role of knowledge in the economy has not focused on those informal markets, which are not only the sites of labour vulnerability, low productivity and poverty, but which are also reluctant to change. Literature suggests that businesses in the informal sector are disadvantaged in comparison ...
Oh dear. This article describes a Britain that ceased to exist more than half a century ago. Eight-three percent of Brits live in cities. Of the estimated 25 million homes in Britain just 60,000 have thatched roofs. The mini you pictured went out of production in 1967. I had one. It...
They argue convincingly that this is problematic, because it obfuscates the highly complex webs of relationships that exist between both types of operations, as well as limits understanding of how both activities impact each other. The latter support this, underscoring the need to study the ...
“to deride the hope of progress is the ultimate fatuity, the last word in the poverty of spirit and meanness of mind.” So while we should not, and cannot, turn our back on the hope of progress—which might reasonably include the elimination of all human diseases—there is a need for...
However in this reality, NGOs will need to report to their donors how they used the “earthquake funding” to assist the most vulnerable amongst affected people. What is infuriating is to witness the chronic poverty, the lack of access to water, the absence of decent infrastructure or income...