Essays on Pearl River

INTRODUCTION

Economical and industrial development are two of the most important elements on the evolutional way for any country and nationality. However, it often happens so that people discover something new and hurl themselves into using it before making throughout estimations of potential risks and hazards. This is especially common if such newly discovered entity (an invention, or mineral, or a way to dig out minerals – this could be anything) is capable of making large sums of money: then there is no particular doubt of this entity becoming incredibly popular and exploited to the extent of being overused. To top ...

Introduction

Exports can be seen as a mechanism for economic growth of a country. Increased exportation of products can provide output growth directly as part of aggregate output. An increase of foreign demand of products can result in a country’s growth through employment and additional income for exporters. Another significant contribution of exports is that it can impact economic growth by way of “efficient resource allocation,” including more economies of scale and technological change as a result of “foreign market competition” (Helpman & Krugman, 198; Ben-David & Loewy, 1998 as cited in Awokuse, 2008, p. 593). One of the drivers for ...

At first glance, the bridge that connects Hong Kong, Zhuhai and Macau is revolutionary as to convenience of commuters going to the mainland. In the presentation, the travel time will be reduced to 60% to 80%. For the Hong Kong workers traveling to mainland, from more than seven hours of travel, they will only spend roughly 2 hours and presto, they are in the mainland. Economically, the accomplishment of the project will bring in more money Hong Kong because of tourism, job opportunities which will decrease unemployment rate. Who would not like this project? Most people who do not ...