Section 1: What is the something else that DeSoto argues is necessary for a capitalist economy to produce wealth? Choose and explain one example or counter example used by DeSoto to make his case.
The developed capitalist economies have the wealth to produce more financial resources for the investors. The individuals in the developed countries have houses, lands, and many other assets depending on those they can produce financial resources through the developed financial markets to make relatively more and more investments. Consequently, according to DeSoto, the capital is the most influential factor to be relatively more competitive in ...
Developing Country Book Reviews Samples For Students
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‘Globalization and its discontents’ is a book written with a sharp wit to provoke the reader into keenly reading and analyzing the whole book. The book is written to illuminate the truth about globalization and the major problems brought about by the whole process of globalization and market liberalization.
The author of the book has vast experience in dealing with world economics having worked at the US economic control body and the IMF. His book appears to draw most of its contents from personal experience while working at the top positions in the institutions.
The main argument of the ...
[Writers Name]
Joseph E. Stiglitz surely knows a thing or two about International Economics. The Nobel Laureate Columbia University Economics Profe.ssor, who served from 1995 to 1997 under US President Bill Clinton as the Chairman of the Council of Economic Advisers, and then from 1997 to 2000 as the Vice President and Chief Economist at the World Bank, debates in detail, the effect that globalization has had on the world.
Globalization, as a process, is the coming together of countries. It all but eliminates the needs for boundaries, making countries interconnected. The resulting effects are increased trade, better communication, and ...
The book, The Quest for Prosperity, is written by, Justin Yifu Lin. Mr. Lin is the chief economist and senior vice president of the World Bank. He illustrated in his book, a fascinating overview of development, development of economies, development for the underdeveloped countries and economies particularly after the Second World War. The book written by Justin Yifu Lin has been notable and it has been acknowledged as a knowledgeable and highly sophisticated book for people that have their interest in economic development, economic policies, economic growth, development of economies and development for third world countries that are struggling to improve ...
INTRODUCTION
The idea of persistent poverty is a pervasive one, and its context in the plantation economy is important to understand if these aspects are to be applied to one’s own concept of the economy. In George Beckford’s 1972 book Persistent Poverty: Underdevelopment in Plantation Economies of the Third World, he presents a comprehensive, interdisciplinary approach to understanding the plantation states in the West Indies, while expanding the scope of these appraisals to other third world countries.
The book begins by showcasing the main characteristics of plantation societies, demonstrating the political, economic and social patterns that develop. These patterns are ...
Jeffrey D. Sachs is among the few economists from the developed world who empathize and sympathize with the world’s poor. He views the world as a global super-community in which the disparate human societies have a common destiny. A world in which true progress will only be possible if we rise as a unit, if the world’s poor are helped out of the circumstances of their birth. His book, The End of Poverty: Economic Possibilities for Our Time, especially forcefully argues this view. It follows that a recurring theme in the book is the need for a paradigm shift in our global ...
Introduction
The Bottom Billion is a short book that addresses contemporary issues in the world today. Collier looks at the main problems causing Poverty in Africa. He contends the traditional definitions of underdeveloped, developing and developed countries. According to the author, poverty is only a fifty eighty countries. To resolve the problems in the third world countries whose inhabitants make up the bottom million, countries should resolve corruption, improve infrastructure and governance practices. He argues against the imposition of radical changes by the developed countries on the third world countries. Collier focuses on the problem facing the African countries and relates them ...
I find the Rachel R. Chapman ethnography intriguing because it gives very interesting insights in a global health initiative on maternal health care and how maternal mortality rates in Southern Africa, particularly in Central Mozambique, can be improved. Reading on, I find some of the things addressed in the book weird and absurd; it doesn’t make sense to me that pregnancies are actually, for the longest time possible, hidden from others, or how they expose someone to social threats, envy and ill will. I think pregnancy is supposed bring joy to the pregnant woman and the community at ...
“The Jungle” is a novel by Upton Sinclair, an American Socialist with the intention to address the plight of meat packers in the hands of the beef trust. The setting of the novel is in Chicago; a town where Upton traveled while he was just twenty-six years old with the grand vision to help in sensitizing and pushing for better working conditions of the meat workers. The meat industry seemed to weave together all the misfortunes experienced by all other workers in the American society in the early 1900s.
Upton's novel The Jungle was first published in 1906 and became a ...
Book Review of “Is China Buying the World”
As China grows to become the world’s largest economy, catching up with even the United States in the coming decade, it is important to understand the strategic growth objectives of the Chinese economy. Several authors have written books and research papers on the Asian Tiger, and the country is setting the pace of its economic growth. From becoming the manufacturing hub of the world at the end of the last millennium, China is now looking to expand its presence beyond its shores (Mitter, 2008). In the last decade, Chinese companies have begun acquiring companies and assets such as ...
The idea of persistent poverty is a pervasive one, and its context in the plantation economy is important to understand if these aspects are to be applied to one’s own concept of the economy. In George Beckford’s 1972 book Persistent Poverty: Underdevelopment in Plantation Economies of the Third World, he presents a comprehensive, interdisciplinary approach to understanding the plantation states in the West Indies, while expanding the scope of these appraisals to other third world countries.
Beckford’s basic argument is that “the net development impact [of the plantation system] was large enough to bring about a transformation from a condition ...
This is the only book that has comprehensively analyzed the globalization of the American Apparel industry. Allen Israel Rosen spent almost 10 years investigating the US domestic apparel workers’ problems. She is now probing for the changes in the trade policies and the global economics which have been responsible for changes in the global textile industry. In her book, “Making Sweatshops” she probes the possibility of promoting globalization in a way that blends both economic development and globalization in both developed and developing countries, (Rosen, 3). Rosen bases her concern on economic and social justice. She focuses mostly on ...
Part 1
The actor used the words to refer to the reaction that the public had after he published his novel. The nation reacted in horror. The president at the time ordered an immediate investigation in the meat industry. However, he privately informed the author that he had no love for the socialist polemic, at the end of the novel. The words used by the author describe the activities that took place after the publishing of the book. Two months after publication of the book, the country created two legislations. These include the pure food and drug act and the meat ...
The declaration “It must and will not happen again” in reference to war has been repeated over and over again by people from all over the world. Indeed, freedom from war has become an essential component of human well-being. This is in an attempt to stop people from fighting, harming and killing each other, scenes that unfold in various battle grounds around the world.
Sebastian Junger’s documented experiences of the Korengal Valley during the war in Afghanistan perfectly exemplify the adversities of wars. The film, Restrepo directed by Sebastian Junger and Tim Hetherington, explores the life of a US ...
Globalization can be defined as the increasing relationships in the globe concerning culture, economical activities and political influences. In economics, economic globalization refers to the unrestricted movement of goods and services across the national borders with little or no barriers. It has been argued that economic globalization can result in economic growth in developing and developed countries through specialization, reduced labor and technology importation and comparative advantage. Critics have challenged the idea of globalization by claiming that the people encouraging globalization only looks exaggerates the advantages and underestimates the costs of globalization. It is in this perspective that we ...
The book focuses on the financial aspects of investing in stocks. The author’s main contentions are that long term investment in the stocks is cheap to the investor and yields higher income than short term investments. The author backs these sentiments with an in depth research and analysis that shows the strategies and steps that can be used to accumulate portfolio with high returns at low risk. These contentions are in tandem with the historical information, which the author has also presented. The historical records show how the long term stocks have turned out to be low risk ...