Essays on Economics

China Belt and Road initiative (OBOR) is a project that aims at promoting global economic integration. Countries in Southeast Asia have mixed reactions concerning the investment, and in the nations that cooperated, there have been misunderstandings regarding China's motives. These states consider the infrastructural investment as a threat to their...

In many parts of the world, the term, ”third world” triggers visions of impoverished nations constantly struggling to meet the most basic human needs. Such a notion may be true in contemporary societ. However, the origin of the term can be traced back to the countries that lacked an alliance...

American Dream and Individual Opportunity American citizens believed in the American Dream, and they thought that they had equal chances to education and employment, which would lead to an ability to become financially stable or even wealthy. This idea prompted individuals to suppose that their endeavors would result in being capable...

On 23rd June 2016, a referendum happened in the United Kingdom, it involved England, Wales and Scotland. Where they were voting on whether the United Kingdom would depart or stay in the European Union. The U.K. is made up of England, Wales and Scotland and Northern Ireland while the E.U. involves...

Marxism is a social, political and economic ideology revolving around the theories developed by Karl Marx with the help of Friedrich Engels. The ideology of Marxism looks into the impacts that capitalism has on productivity, labour, and economic growth and sustainability. The theory of Marxism claims that the struggle exhibited...

People and nations have always relied on economic, social and political development theories on which believes and ways of doing things have been heavily anchored. Before 1970s, the modernization theory of development had been the heavily adopted style for developing most of the countries post-war era. Modernization theory of development...

Political parties around the world define themselves based on their unique worldview of social, economic, and political aspects of the society. The elaborate ideological formation then plays a key role in drawing support from the masses and ultimately defining the direction of a country. As a multiparty democracy, Canada has...

Tactics for Achieving Outlined Goals There are several tactics that could be used to achieve outlined goals. For example, the U.S. could modify its foreign policy towards Iran. In this regard, prominent government officials should adopt a reconciliatory tone when making public comments. The Iranian government would be willing to sign...

Taxes can be divided into two based on their impact on the incomes of the rich and the poor. Progressive tax refers to tax rates that tend to be based more on higher-income individuals and thus have a higher impact on them (Horton). Regressive tax rates, on the other hand,...

The first premise anarchy, high-value information was costly to send or receive because of factors such as nation preference, strategic misrepresentations of preferences for outcomes such as peace, threats and bribes and costly behaviors. The powerful European countries falsely believed that war could be quick and decisive. Thus, governments falsely...

1) Describe what is being measured and the level of measurement for the following variables: P344pr, A093r, SexHRP, A094r, and G018r. Answer: The living costs and food survey (LCF) explore information on various households’ budgets in UK as reflected by data gathered from expenditure and cost of living....

Political scientist measure states by their ability to provide services to citizens. They divide states into three categories based on this criterion. The first category consists of the strong states. These are states which provide sufficient services to their citizens (Rotberg, 2015). There are weak states that supply less-than-adequate public...