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Economic Development Essays

Historical Significances on Economic Development

History has profoundly influenced the state’s operations, tracing back to antiquity. Some historical events, such as colonization, early industrialization, and establishing trade roots, have played pivotal roles in shaping long-lasting advancement paths for countries. These historical periods or events left an indelible mark that manifests the state’s economy to date. Some historical events have contributed ... Read More
Pages: 9       Words: 2299

The Medieval System of Tenure vs. the Modern System of Property

Introduction Throughout the dynamic history of humankind, property has taken a central role, playing a part in designing the landscape of socioeconomic systems and individual rights. The middle age tenure system is one of the oldest features in our legal system, characterized by a complicated network of feudal obligations and rights. It has transformed into ... Read More
Pages: 13       Words: 3426
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Life and Contribution of Klaus Schwab

Abstract The paper focuses on providing information about the life and contribution of Klaus Schwab, the founder and executive chairman of the World Economic Forum (WEF). Besides, the discussion explores the frameworks presented by Richard Baldwin and Phillippe Martin by dividing the history of globalization into four different periods. The discussion provides insights into Klaus ... Read More
Pages: 9       Words: 2451

Allen and Mark

World history is a discipline that subsumes the study of interchange, entanglement, and transformation that took place across the different societies and regions of the planet from the past to the present. Its significance is the supplying of a global historical vision that readily sees beyond national borders and traditional textbooks. Historians studying world history have put ... Read More
Pages: 8       Words: 1939

Briefing Notes on Cash Transfers in Economic Development

Purpose The goal of this note is to assess the effectiveness of cash transfers as a tool for achieving development goals. Background Cash transfers are a common tool governments and organizations use for social protection services or as temporary relief to constrained households. These programs provide financial assistance directly to individuals or households as either ... Read More
Pages: 3       Words: 685

Boxtown and the Pipeline: A Critical Review and Analysis

The Boxtown and Pipeline discourse has become a complicated and controversial topic, sparking heated debates on the possible creation of a pipeline in this historically multi-layered area. This debate characterizes the intricate border between economic development and ensuing environmental repercussions, as well as concerns from social aspects. This essay attempts to critique the article that ... Read More
Pages: 4       Words: 1010

The Role of an Intergovernmental Organization (World Bank) in Global Economic Governance Economic Development.

Introduction The paper is interested in showing the role of the World Bank as an IO and the case of allocation of international aid as a governance issue. It embraces the realist and neorealist perspectives as the underlying IR theories to explain and explore this case. The WB remains a prominent international organ for development ... Read More
Pages: 9       Words: 2415

The Pros and Cons of Shell’s Involvement in Nigeria

Introduction Multinational corporations (MNC) involvement in the economic development of host countries is a dynamic and controversial issue (Itu and Atiye, 2023). It illustrates the complex interaction between corporate roles and the growth of the hosts. One organization that demonstrates this association is Shell, a global energy giant in Nigeria. Shell’s presence in Nigeria has ... Read More
Pages: 15       Words: 3944

The Historical Event of Foreign Direct Investment (FDI) in the Republic of Korea

Chapter 1: Introduction South Korea’s economic transformation has relied on Foreign Direct Investment (FDI). This introduction highlights FDI’s importance in the country’s economic development by examining its history, impact on industrialization and technical innovation, and worldwide economic impact. Background of FDI in the Republic of Korea The judicious use of foreign capital through FDI has ... Read More
Pages: 16       Words: 4230

Implications of the Budget for Economic, Social and Cultural Development

Introduction A country’s national budget is an important tool that specifies its financial priorities and significantly affects its overall development. The government’s strategies, policies, and resource allocation are reflected in it, and as a result, it has a big impact on the advancement of the economy, society, and culture. This essay explores the budget’s numerous ... Read More
Pages: 4       Words: 844

Soviet Russian History

Introduction The USSR was an economic, political, nationality, developmental, and gender foundation. Its main purpose was to enhance production, distribution, and exchange in the country. The Soviet political system was centered around the communist party. The communist party did not allow any other political party or organization to thrive during its time. The economic system ... Read More
Pages: 8       Words: 1959

How Colombia’s Poverty Affects Violence

Colombia, known for its vibrant culture, is struggling with a deeply long-established problem threatening its social fabric: poverty. The Latin American country is characterized by endemic violence, recording national homicide rates of 25 per 100,000 persons in 2019 and 23.1 per 100,000 persons in 2020, exceeding rates attained in the region (Deák, 2021, p. 35). ... Read More
Pages: 9       Words: 2319

Why Sustained Industrial Growth Began in Northwest Europe

One important question that has arisen in various forums in the world concerns why sustained industrial growth began in Northwest Europe and not anywhere else in the world. In fact, this sustained growth led to a phenomenon popularly referred to as “the Great Divergence,” where Northwest European countries witnessed great economic developments and immense wealth. ... Read More
Pages: 9       Words: 2402

American Industrial Revolution

The American Industrial Revolution was a worldwide event that started in the United Kingdom and later spread to Europe and reached America in the early 19th Century. This revolution began around 1760s involved changes in agricultural practices, manufacturing methods, technology, mineral extraction, transportation, and cultural activities. Before the onset of the Industrial Revolution, agriculture was the ... Read More
Pages: 4       Words: 1084

World Civilization’s Impact on Modern Global Affairs

The main aim of this exploration is to bridge the gap between historical eras and present global affairs. This paper, therefore, intends to discuss different historical eras regarding modern articles with specific historical records. It aims to bring a comparison between historical times with current events. The chosen historical events: from the difficulties of the ... Read More
Pages: 7       Words: 1740
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