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Public Choice Theory And Indian Economic History, 2004.
Applies the Public Choice Theory and Indian economic history.
1,356 words (approx. 5.4 pages), 5 sources, MLA, £ 33.95
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Abstract
This paper examines the Public Choice Theory and deadweight loss as they apply to Indian economic history.
From the Paper
"India's economic history has been a case study for economists of the Public Choice Theory school. The maxim held by all free market economists is that people are motivated mainly be their self-interests. Although people often do act based on their concern for other people the basic motive behind a person's actions is typically a concern for their own self. Public Choice theorists take this self interest and ascribe it to the people in power. Public Choice economists believe that people acting in the political marketplace are ..."
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Indian Economics, 2002.
Explores India's export policy in the 1960s and its impact on the country's economic development from then till now.
2,650 words (approx. 10.6 pages), 6 sources, £ 69.95
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Abstract
India is a country that has become a subject of increasing popularity among economists and social scientists. Much of this has to do with the fact that as the nation approaches one billion in population the challenge of achieving economic development has not reduced since the country's day of independence just after the Second World War. At the same time, Indian leaders have been characterised by their desire to implement economy-wide plans, which have met with varying degrees of success. With this in mind, the purpose of this paper will be to examine the topic of economic planning and development in India. This will focus on India's export policy in the 1960s and its impact on the country's economic development from that time till now.
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Indian Economic Development, 2002.
Disusses the results of trade liberalization on the Indian economy since the 1990s.
2,650 words (approx. 10.6 pages), 10 sources, £ 69.95
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Abstract
This paper examines the impact of economic reforms in India since 1991. It outlines the centrally planned tradition of the Indian economy and the radical policy change of the early 1990s. Ten years later it evaluates India in the wake of trade liberalization and globalization.
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Indian Economics, 2003.
A discussion of the current economic status of India.
1,555 words (approx. 6.2 pages), 6 sources, MLA, £ 36.95
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Abstract
This paper examines the economic issues and instabilities of India due to the country's irrational economic policies, overwhelming military expenditures and its growing computer industry. It looks at how the scenery of Indian economy has been strongly characterized by state?s interventions since the 1991 crisis and how, since then, India has hypothetically lived a dynamic and active process of liberalization of its own economy that consented the country, in the last few years, to delineate its enormous potentials. It shows how the traditional sectors of the economy are agricultural and manufacture and how the latter is favored by the numerous natural resources and by the low costs of labor.
From the Paper
"Seventy percent of the Indians live in rural areas. When it is talked about cutting rural development and services, it means that most of the Indians will suffer. ?The finance minister failed to tax the rich and took the easy option of borrowing, raising that target by almost 40%?(Bidwai, 2). The outcome was a raise in the prices of wheat and rice distributed to the officially poor to cut the dept owed to the IMF. On the other side though, the finance minister, had cut taxes in export profits, and electronic equipments to the already thriving entertainment, and information technology industry. Not to mention the increase of military expenditures by 28.8 percent, exceeding the total expenditure on primary education, health care and social welfare. India, does not have a middle class; the new graduates start with salaries as high as $120,000 a year. Such income is spent in luxury goods, while it would be of great help in promoting some private investments for the well being of the rest of the population."
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Indian Economics and Politics, 1999.
Examines these issues in the 20th Century, focusing on the 1990s. Discusses leadership, parties, unrest, reform, development, liberalization, foreign investment and exchange, growth and trade.
3,375 words (approx. 13.5 pages), 10 sources, £ 84.95
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Abstract
Agitation against British colonial rule grew during the 1920s and 1930s. At independence in 1947 differences between Hindus and Muslims led to partition of British India into present-day India and Pakistan (from which Bangladesh broke away in 1971).
From the Paper
"Political History
Agitation against British colonial rule grew during the 1920s and 1930s. At independence in 1947 differences between Hindus and Muslims led to partition of British India into present-day India and Pakistan (from which Bangladesh broke away in 1971). India became a sovereign republic in 1950 under a constitution adopted in 1949. In addition to staggering problems of overpopulation, economic underdevelopment, and inadequate social services, India had to achieve the integration of the former princely state into the union and the creation of national unity from diverse cultural and linguistic groups (Basham, 1984).
India's major foreign problems have been a border dispute with China that first surfaced in 1957, and continual conflicts with Pakistan. In the ..."
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Economic Growth and Economic Equality, 2002.
Economists view on the difference between economic growth and equality.
1,025 words (approx. 4.1 pages), 3 sources, £ 27.95
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Abstract
This paper reviews the reasons why economists think there is a conflict between our desire for economic growth and our desire for economic equality.
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Secret Economics: The Economic Impact of the Vietnam War, 2002.
This paper is an analysis of the economic impact that the Vietnam War had on the American economy.
2,440 words (approx. 9.8 pages), 8 sources, APA, £ 52.95
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Abstract
This paper attempts to estimate what the real total economic cost of the Vietnam War was to the United States. The paper concludes that a reasonable estimate of the economic impact of the Vietnam War on the American economy is that an entire year's worth of productive activity was used to fight the war.
From the Paper
"The Vietnam War was the defining experience for a generation of Americans. Indeed, it is arguably one of the defining experiences of America as a whole in the Twentieth Century. Its impact on the men who fought there, the men (and women) who did not, the American military in general, American society and popular culture during and following the war has been well documented. However, it was not just a life changing experience for soldiers and protestors, or a force for social change, or even an inspiration for thousands of books and dozens of movies. War is not least an economic event. In addition to being a military defeat, a political blunder and a human tragedy, the Vietnam War was also an economic disaster."
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Indian Givers: How the Indians of the Americas Transformed the World., 2008.
A Critique of Jack Weatherford's "Indian Givers: How the Indians of the Americas Transformed the World."
1,495 words (approx. 6.0 pages), 1 source, MLA, £ 34.95
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Abstract
The paper discusses that the term 'Indian giver' has come to be a synonym for someone who gives something, only to take it back. The paper further explains that it was the Indians who were forced to give to the Europeans--their knowledge about farming and fishing in the Americas and ultimately their land. The paper discusses that in Jack Weatherford's book, "Indian Givers: How the Indians of the Americas Transformed the World," the exchange between Europeans and Native Americans was an unequal one, with Europeans taking of the positive benefits of the New World, while the Indians were doing all of the giving. The paper concludes that unwittingly, the Indians found themselves the recipient of the evils of European civilization, like slavery, and a disrespectful attitude to the land.
From the Paper
"According to Weatherford, the early post-Columbian contact of the Europeans with the native populace actually enabled the Industrial Revolution to change Europe, and ultimately the world. "Had Europe and America not come together through Columbus or some other connection, the industrial revolution would never have happened in the way we know it," because Europeans would never have gained access to the metals of the New World, or to Indian mines (Weatherford 57). This contact also generated the money economy of Europe and fueled a shift to a European economy based upon real, hard, convertible currency. Metal-based currency also was critical in fueling industrialism and world trade. By beginning the book with tales of South American encounters with Europe, which were particularly brutal and unequal from the beginning of the Indian-European relationship, Weatherford initiates a tragic tone, explaining how enslaved South American Indians mining gold and silver in Potosi supplied the precious metals for most of the European coins that generated wealth for the Old World at the expense of the liberty of the New World."
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Thailand's Economic Crisis & The Triangle of Impossibility Economic Model, 1997.
Detailed analysis of Thailand's 1997 financial crisis. Discusses the "Triangle of Impossibility" model, which consists of a fixed currency rate, free capital movement, & an independent monetary policy.
2,250 words (approx. 9.0 pages), 13 sources, £ 56.95
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From the Paper
" Thailand's Economic Crisis and the
"Triangle of Impossibility" Economic Model
Introduction
The "Triangle of Impossibility" economic model theorizes that it is dangerous, if not impossible for a small economy to maintain three desirable (politically) yet contradictory national goals. When it does, the end result is a macroeconomic crisis like the one currently going on in Thailand today (Na Thalang, 1997, 14). The three paths that Thailand is pursuing, suggests Na Thalang, are a fixed foreign exchange regime, free capital movement, and an independent monetary policy. After a brief economic snapshot of Thailand, these three divergent paths will be explored to determine if: A) the theory is valid, and B) if it.."
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Indian Involvement in American Economics, 2002.
This paper looks at the results of the Southeastern Indians and the Powhatan of Virginia in the geopolitical and economic systems as those groups encountered the European colonialists in the eighteenth century.
1,641 words (approx. 6.6 pages), 3 sources, MLA, £ 37.95
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Abstract
The paper explains the difficulties faced by the Southeastern Indians and the Powhatan of Virginia as they attempted to integrate with the European colonists. The writer discusses how the failure of the Indians to emerge victorious in the struggle for integration was also to the decentralization of their cultures, as opposed to the highly organized and united cultures of the Europeans. The paper brings historical examples to back up this claim.
From the Paper
"Despite European hegemony, "Powhatan culture remained more or less intact until well into the eighteenth century," because the Indians "were tenacious of their ancient way of life" (Rountree 144). Even when they lost much of their land, they were still able to maintain their culture (Rountree 144). However, that very tenacity and way of life were the main reasons they were ultimately overwhelmed by the Europeans. Only by becoming brutal and organized like the Europeans could they have longer sustained their culture, but in doing so they would have earlier lost the roots of that culture."
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India, WTO and the Development Round, 2003.
Discusses the Indian perspective in the development round and possible outcomes of contentious issues.
12,754 words (approx. 51.0 pages), 15 sources, MLA, £ 172.95
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Abstract
The first part reviews briefly the functioning of the multilateral trade fora and India?s participation in it. The key issues of the WTO in the Development Round are discussed in the next part. India?s concerns are analyzed in the third part. The fourth part focuses on the core areas of conflict and analyzes the possible outcomes given the bargaining power and capabilities of the players in the international political economy. In conclusion the paper focuses on the strategies which India should take based on findings of where her real interests lie. The future of India?s participation in the WTO and extent of its probable integration in the world economy is also discussed.
Introduction
GATT and the WTO
India and GATT/WTO
WTO?s Development Round: Key Issues
India?s Concerns
Core Issues and Possible Outcomes
India in the WTO: A Broader Perspective
Conclusion
References
From the Paper
"In almost half a century GATT had eight trade negotiating rounds. In the early years, the GATT trade rounds concentrated on reducing tariffs. A new issue was introduced in the Kennedy Round in the mid-sixties which brought about a GATT Anti-Dumping Agreement. The Tokyo Round during the seventies was the first major attempt to tackle non tariff trade barriers and to improve the trading system. The eighth, the Uruguay Round of 1986-94, was the latest and most extensive of all. It led to the WTO and a new set of agreements covering for the first time trade in services and intellectual property.
The success of GATT in promoting and securing the liberalization of much of world trade is universally recognized. Continual reductions in tariffs may have been the major factor in very high rates of world trade growth during the 1950s and 1960s ? around 8% a year on average. The momentum of trade liberalization helped ensure that trade growth consistently out-paced production growth throughout the GATT era, a measure of countries? increasing ability to trade with each other and to reap the benefits of trade. The rush of new members during the Uruguay Round demonstrated that the multilateral trading system was sought after by countries seeking faster development by economic and trade reform."
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Economic Reforms in Nigeria, 2007.
An analysis of the economic situation in Nigeria, including a ten year outlook and plans for economic reform.
8,067 words (approx. 32.3 pages), 33 sources, APA, £ 122.95
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Abstract
This paper discusses three theories of economic growth - the neoclassical, institutional and locational theories. The paper critically analyzes the economic situation in Nigeria. It looks at the problems that have hindered economic growth in the country, including education, infrastructure and agriculture. The paper then discusses potential economic reforms for Nigeria and presents a ten year outlook for the country.
Table of Contents:
Abstract
Introduction
Economic Growth
Economic Growth Theories
Neoclassical
Institutional
Locational
History of Nigeria
Government of Nigeria
Economic Issues
Poverty and Diseases
Education
Infrastructure
Agriculture
Financial Reform
Current Situation
Current Outlook
Ten Year Outlook
Nigeria's Growth Theory
Footnotes
From the Paper
"Economic growth is the increase in value of goods and services produced by an economy. It can be measured as a percent change in the country's Gross Domestic Product (GDP). Growth is essential for the development of any country. Ensuring that the benefits of high economic growth are more widely distributed is vital for making such growth sustainable (Anonymous, 2007)."
"One of the most noticeable features of the Nigerian economy is that the majority of the Nigerian population is poor and stricken with widespread poverty and disease. This reflects in the low GDP per capita of the country."
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The Korean Economic Crisis, 2006.
This paper provides a brief synopsis of South Korea's economic history leading up to its current economic crisis, as well as a few thoughts on South Korea's economic future.
1,694 words (approx. 6.8 pages), 19 sources, MLA, £ 38.95
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Abstract
In this paper the author looks at how the currency of South Korea, the won, de-valuated greatly against the American dollar. The author looks at how this devaluation affected South Korea's economy in that several of its businesses are on the verge of bankruptcy, unable to repay their massive foreign and domestic debts. The author looks at the request by South Korea for help from the International Monetary Fund (IMF) and the proposed plan by the IMF. In conclusion, the author states that there are clearly two parties of thought, some who believe the IMF plan will work and South Korea's economy will blossom and others who believe it will continue to deteriorate.
Table of Contents
Introduction
U.S. Involvement in South Korea's Economic Development
South Korea's Basic Economic Structure
The Fall of South Korea's Economy
The International Monetary Fund
Prognosis
From the Paper
"The economic strategy emphasizing exports had produced a shortage of domestic consumer goods that was exacerbated by the increasing demands brought about by rising wages and the advance in living standards. Price controls imposed on producers of consumer goods discouraged the manufacture of these goods, and the rapid inflow of dollars expanded the money supply and inflation became a serious problem.
President Park addressed these problems by replacing the economic team in December 1978 and adopting stabilization measures. However, these methods caused a recession, produced a series of bankruptcies among small and medium loan-dependent enterprises, and increased unemployment. This situation was similar to Korea's current economic problems. However, foreign aid continued to flow into the country and the government and large companies were able to continue servicing their debts."
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Economic Development in Post-Indepence India, 2002.
Analysis of why India has failed to become an economic super power since its independence.
3,650 words (approx. 14.6 pages), 10 sources, £ 94.95
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Abstract
The central question in Indian economic history is why a nation that has achieved so much remains, despite its early promise, a secondary economic power in the world today? This paper addresses this question in a tripartite fashion.
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