Institutional economics

representatives of all nations to commit to that cause and ensure that no parts are having benefits while taking advantages of poorer nations. Following the Global Goals without personal or national interest, acting with awareness of differences in economic realities, with the only purpose of providing benefits to the nation that requested help, is in my opinion a very valid route to…

and Canada signed the North America Free Trade Agreement (NAFTA) with the intention of establishing an intraregional trade-flow, creating social, political and economic opportunities for signatory countries (NAFTA). However, over the years NAFTAs signatory countries have demonstrated to be impacted differently due to differences of economic and technological development and infrastructure. Over the years, Mexico has significantly increased its agricultural deficit levels (Polaski). Many blame…

speech stressed the importance of the theoretical tradition of liberalism in America’s view of international politics. President Obama’s ideology of international affairs can be explained using Joseph Nye’s three strands of liberal thinking, which are economic, social, and political liberalism. However, although his speech is dominated by liberalist views, his policies are the creation of intellectual pluralism and therefore his liberalist views are mixed with the theoretical tradition of…

Introduction The creative industries have gained significance in terms of the economic well-being. It has been increasingly progressing as an important component for the economies that are based on modern post-industrial knowledge. The entrepreneurs that are involved in this sector are different from the ones that are found in other businesses, because creative entrepreneurs need to invest in the talent that they posses and the people involved (Musk, 2010). Creative Industries The human…

Unlike many books that are written or edited by one author the Economics of College Sports was edited by two people John Fizel and Rodney Fort; also, the book was published in 2004. To start with, the first part of the book only contains one chapter which is called “Economics of College Sports: An Overview”. The first part of five parts in the Economics of College Sports the book addresses what exactly it will be talking about throughout the book using empirical and theoretical research to…

offer higher wages, it’s always very important that when education levels increases in the mean time the skills of workers should also improve with that productivity will also improve. With that the human capital theory is more relevant to Indian economics. References:-…

the president, who takes on the role of head of state and head of government. Compulsory voting now begins at age 18 in the country, but women didn’t gain the right to vote until 1955 (“Mexico [ A Country Challenged]”). In the last century, the Institutional Revolutionary Party has had a monopoly on the presidency, both through popular vote and election rigging. Mario Vargas Llosa once called the party “the perfect dictatorship,” meaning that they had an undisputable hold on the position, but…

the years. This movement that continued unabated for three decades (approximately 15 million Bangladeshis have immigrated into India since the independence of Bangladesh ) attracted public and political attention only when economic and…

the Iron Range economy. Human capital must be used; education and knowledge is important in innovation and creating new businesses. Social capital is important in terms of knowledge in networks. Everyone needs to work together. Structural and institutional capital is important; it involves where these people live and work. Finally, cultural capital is important; preserving the cultural aspects of the Iron Range is necessary in order to engage people of the…

as free trade, offshored manufacturing, and open borders; while anti-globalization is supporting limitations such as tariffs, embargos, and other internationally restrictive economic or political actions by national governments. Donald Trump is an example of an avid supporter of anti-globalization although his true economic…