Globalization is a much-maligned word in political, intellectual and academic circles. The markets are flooded with Anti globalist works. Anti globalists have such literary and intellectual stars such as Joseph Stiglitz (Nobel prize winner and best-selling author-‘Globalization and its discontents’) vouching for their arguments. In this scenario comes “ In defense of Globalization’ by Jagdish …
Organizations like the World Bank, International Monetary Fund and World Trade Organization have played catalytic role in shaping the global economy. Two world wars and current scourge of terrorism has helped the countries of the world to realize the worth of cooperation. It did not take long to realize that unless the mankind prospers uniformly, …
Human Development Index In The Third World Countries essay Read More »
Inflation is the rise in general price levels overtime. It is also rise in price of specific goods and services. According to mainstream economists, high inflation rates are as a result of money supply having high rate of growth. Changes in inflation are attributed to the fluctuations in available supplies or real demand for goods …
The Euro phenomenon is one of the greatest modern revolutions in the world of business and economics. Numerous studies and evaluation has been made to discover the real benefit and problem of a single currency. The idea of a single currency that unites the world as a single and global economy is not new. The …
America is the richest country in the world and affords each of its legal citizens, a greater opportunity, with hard work and thrift, to reach a level of success that is impossible in any other part of the world. An individual is allowed and encouraged to rise as high as his talents can take him …
Whenever I would come upon the word “frontier” before, I would imagine scenes from period Hollywood westerns and movies about old American settlements. This was the time before the concept of industrialization and urbanization have crept themselves into vocabulary of the people and country. I think of that period in history when the Indians, the …
