Socialist market economy

investment on human capital. Education will provide better and more prepared workers. These workers will represent a good attractive for foreign investor to put their money on Lisavia. Foreign inversion is one the most powerful tool with which an economy can grow. As one last important suggestion, I would say that it is of high importance to guarantee those foreign investors an environment of security. It would be highly beneficial to eliminate all radicals groups that can be a threat to foreign…

, 1999). There are for example products that have to be transported within few hours and be available at certain radius. Providing firms with new transport options help them to expand and ensure their output is vastly available on the commercial market. Improved infrastructure increases potential output of the factory and makes production more affordable. This reflects on the country’s GDP level. The positive role of infrastructural investments on the national output level has been proved by…

thirsty for knowledge, questioned anything and everything, who dived into curiosity, and who increased the country’s worth. What many do not realize is the richness that education delivers to an economy. Author Mustafa Hatipler, in his article "Development Economics and…

I believe that this is due to the manner in which the European powers left. Instead of teaching the Africans how to properly run a government, an economy, and how to effectively harness and utilize natural resources, the Europeans simply packed up and left the Africans. As a result of having multitudes of natural resources and not knowing what to do with them, in addition to not having proper knowledge…

gap has grown. As stated by Robert Reich in Inequality for All, our economy relies and depends on the middle class which is decreasing rapidly. The middle class is extremely important to keeping the balance in the economy, however currently the rich have been getting richer and the middle class has been getting smaller. We look to the middle class to do the tougher jobs that keep American businesses running and make our economy prosperous. If the United States does not find a solution to the…

2001). So, what did Singapore do differently? As a country with a small open economy, Singapore is extremely susceptible to external actions, especially in the surrounding East Asian region. Therefore, the large and adverse economic shocks caused by the Asian financial crisis should have had a devastating effect on Singapore’s economy,…

study China’s 1935 Currency Reform to investigate the central-provincial relations. After graduating from Stony Brook University, I worked at a business firm where I found that the current European debt crisis shares some similarities with Chinese economy of the 1930s. One of the most crucial issues of the euro crisis is the legitimacy of the European Central Bank. Some members, like Greece, argue that the monetary policy of euro only considers Germany’s interests, but neglects the interests of…

Morocco Morocco is a unique country, growing and growing at accelerating rates and increasing economic growth everyday. All sectors of the county’s financials, economies, and likewise seem to be flourishing with little to change. Due to the monarchy and strict restrictions on writing anything bad about the kingdom, the country seems to be on paper a fantastic place to live with a population, government, and king all aiming to bring the country up to its highest potential. The one fault however…

persuade readers to see why people should stop ‘spending so much taxpayer money on Overseas Aid.’ It uses four main ideas that each focus on why Overseas Aid does not work due to failed economic polices; has no role in strengthening or developing the economy when it suffers from poverty; increases corruption because money ends up with ‘bad governments’ making it more powerful and explains that ‘our own’ comes first then others. The argument provides the reader with many different reasons to…

consciousness. Moreover, capitalism that associates with that society will not disappear because of past historical situations. 2. Nomenklatura Selected major position jobs and important political jobs that can have a big influence on the society, economy, politically, and the whole state. Those jobs were hired by the communist party to limit the power sharing. 3. False Consciousness Marxist theory that says that people are unable to see the nature of the things around them, especially…