Why Are Some Countries Rich While Others Poor - 1502 Words

Supervisor: Samuel Bonnyai Literature review Economists have been concerned about an important question for centuries: why are some countries rich while others poor. This is a question about economic growth. Take Korea for example. Korea had been divided into North and South Korea since 1948. These two countries share nearly the same geography, history and culture. However, the GDP per capita in the South Korea is only 3.22% of the South Korea. Another phenomenon is that the rapid growth had been observed in East Asian in recent years. This is another key economic issue: whether the growth rate of poor economics are higher than developed ones and which kind of factors lead to the convergence over time? (Barro and Sala-i-Martin, 1990). In most cases, the economic growth is defined as the amount of output (GDP or GDP per capita) that increases in an economy over time while the convergence refers to the poor economies coming up with the developed ones (Quah, 1996). As an important and popular issue in the field of economic researc h, it attracts many economists and there are many models to explain economic growth. In 1776, Adam Smith pointed out that the growth of a country is mainly due to labor, capital accumulation and technology progress. Ricardo comes up with the law of diminishing returns in 1817 and states that the diminishing marginal returns will be the reason to stop the economic growth of a country eventually. In the history of the development of economic growthShow MoreRelatedPoverty in Third World Countries1654 Words   |  7 PagesHelping poor people is ethical behavior and everyone should do it in order to continue our lives. Every year, there are millions of people at risk of going hungry. There are ways people can end poverty all around the world. People can eliminate poverty if we work together to fight it and avoid selfishness. Rich countries often give financial aid to poor countries, but it does not solve poverty. People always say they feel sorry for poor people and the rich love them, but they never do their partRead MoreThe Reasons for Global Inequality1428 Words   |  6 Pagesbe an ever pressing issue of concern across many subjects and specifically that of economics. The industrial revolution and globalization are great catalysts to why some nations are so rich and others so poor as they allowed for competition and specialization. There are many other factors as to why certain nations are poor and others rich, arguably historical reasons, structural reasons, abundance of resources and fops, lack of diversification, political issues and systems, geographical issues andRead MoreSocial Classes Of The Rich And The Poor1535 Words   |  7 Pagesthe Republicans. This is evident in other systems because of the increased need in humans to gain and take whatever power that they might be able to. Not far off from government, this is seen in the economy, but it isn’t a longterm, straightforward battle. The two forces fighting against another are the social cla sses of the rich and the poor. This isn’t a battle for power on the side of the poor, but for equality and stability, while control is what the rich have, and what they intend to keep aRead MoreForeign Aid Essay1342 Words   |  6 Pagesto help a country to respond a disaster such as natural disaster, disease, etc. It can include providing financial help, medicines (science), food, clothes, etc. Likewise, foreign aid can be used for education (knowledge), infrastructures, equipment, and to fight poverty. I believe that foreign aid helps poor countries especially when it is well designed, and delivered, works, saving the lives of many and helping to promote economic growth. In addition, it is good for those countries in need becauseRead MoreThe Poor Are Getting Poorer1218 Words   |  5 PagesThe Poor Are Getting Poorer (In Analysts: Why the Poor Are Poorer) â€Å"Thus have the inhibitions been removed. The salaries and benefits of America’s top executives, and many of their advisers and consultants, have soared to what years before would have been unimaginable heights, even as those of other Americans have declined.† (Page 267). America is increasing in certain things, but decreasing in other things. Citizens are able to achieve more and more as technology increases and people strive forRead MoreRich And Poor Countries : The Economic Conditions Of The World1245 Words   |  5 PagesBecause of this, many countries quickly prospered thanks to the industrial revolution and technological advances, while other countries stagnated in poverty. These actions defined the current socio-economic conditions of the world. Today, there is a considerable difference between rich and poor countries. That is, developed countries do a very good job in providing the basic necessities for their populations such as food, education, healthca re and more. Meanwhile poor countries lack of these resourcesRead MoreEssay on Why the Rich Get Richer, While the Poor Get Poorer1572 Words   |  7 Pageseconomic times, it is clear to see that the rift between the extremely rich and the extremely poor is expanding, with those in the middle being stretched to one extreme or the other. There seems to be no reconciliations for this ever-growing disparity, as the corporations that used to comprise solely our economy lose national borders. Robert B. Reich discussed this issue in his work, Why the Rich Are Getting Richer and the Poor, Poorer. There are many reasons that go into play and many factors thatRead MorePlanet Of Slums By Mike Davis1468 Words   |  6 PagesIn the book, â€Å"Planet of Slums† Mike Davis discusses, why there are mast migration from the rural villages to the megacities of the Third World. What megacities are is a city when the total population in it exceeds over eight million. He also discusses how t he treason of the state, international banks and the ideas thinkers like Hernando de Soto makes the lives of people in the urban south much worse. Urban south are cities like Mexico City, Delhi, Dhaka, Cairo, Beijing, Lima and etc (Davis 4) thatRead MoreWhy Nations Fail : The Origins Of Power, Prosperity And Poverty1274 Words   |  6 Pagespolarity between the developed and developing nations of the world. Some nations are prospering greatly while others countries are still struggling to achieve, economic, political, and social stability. The book Why Nations Fail: The Origins of Power, Prosperity and Poverty by Daron Acemoglu and James A. Robinson attempts to explain why some nations have seen great success in their economic and political development, and why other nations are still failing to develop in this way. The arguments derivedRead MoreRobin Hood: A Thief or a Hero? Essay840 Words   |  4 Pagestime. While many believe he was a thief and a villain to the law, others fee l he was a hero to the poor. Some people might say that Robin Hood stole from the government, and stealing is a crime, no matter what your cause is. They might also say that if people in this day and time stole from the rich and gave the money to the poor, they would be arrested because stealing is against the law. Finally, people who think Robin Hood was wrong in what he did might say that he betrayed his country. It is

Student Satisfaction With The School Of Public Service At...

Introduction The topic chosen to analyze in this needs assessment is student satisfaction with the School of Public Service at DePaul University (SPS). The needs assessment will consist of eight main sections; defining the problem, determining users and uses, identifying the target population, describing the service environment, discerning and assessing the needs of the organization respectively, communicating the findings, and implementing a pilot program. Defining the problem The problems identified from this needs analysis derived from the examination of the Spring 2015 Student Survey and identifying the service environment of the School of Public Service. Ninety-two respondents responded to the survey and four of those respondents failed to complete the survey.The problem the School of Public Service we are examining is lack of student satisfaction in SPS. Student satisfaction will be define through the extent students are willing to recommend SPS to prospective students, create relationships with Faculty Mentors, and use resources from Depaul University for guidance on employment. Student’s satisfaction with the program comes hand in hand with how likely students are to recommend SPS to future students. Twenty-nine noted they would strongly recommend the program, thirty two mentioned they would recommend the program, twenty-four students said they would recommend the program, with some reservations, three students would not recommend the program (Einolf,Show MoreRelatedProject Mgmt296381 Words   |  1186 PagesManagement, Eighth Edition Cachon and Terwiesch, Matching Supply with Demand: An Introduction to Operations Management, Second Edition Finch, Interactive Models for Operations and Supply Chain Management, First Edition Fitzsimmons and Fitzsimmons, Service Management: Operations, Strategy, Information Technology, Seventh Edition Gehrlein, Operations Management Cases, First Edition Harrison and Samson, Technology Management, First Edition Hayen, SAP R/3 Enterprise Software: An Introduction, First Edition

How Smoking Affects Your Body Free Essays

How Smoking Affects Your Body There’s hardly a part of the human body that’s not affected by the chemicals in the cigarettes you smoke. Let’s take a tour of your body to look at how smoking affects it. Starting at the Top As a smoker, you’re at risk for cancer of the mouth. We will write a custom essay sample on How Smoking Affects Your Body or any similar topic only for you Order Now Tobacco smoke can also cause gum disease, tooth decay and bad breath. The teeth become unsightly and yellow. Smokers may experience frequent headaches. And lack of oxygen and narrowed blood vessels to the brain can lead to strokes. Lungs and Bronchi Moving down to your chest, smoke passes through the bronchi, or breathing tubes. Hydrogen cyanide and other chemicals in the smoke attack the lining of the bronchi, inflaming them and causing that chronic smoker’s cough. Because the bronchi are weakened, you’re more likely to get bronchial infections. Mucus secretion in your lungs is impaired, also leading to chronic coughing. Smokers are 10 times as likely to get lung cancer and emphysema as nonsmokers. Smoking and the Heart The effects of smoking on your heart are devastating. Nicotine raises blood pressure and makes the blood clot more easily. Carbon monoxide robs the blood of oxygen and leads to the development of cholesterol deposits on the artery walls. All of these effects add up to an increased risk of heart attack. In addition, the poor circulation resulting from cholesterol deposits can cause strokes, loss of circulation in fingers and toes and impotence. Smoking and the Body’s Organs The digestive system is also affected. The tars in smoke can trigger cancer of the esophagus and throat. Smoking causes increased stomach acid secretion, leading to heartburn and ulcers. Smokers have higher rates of deadly pancreatic cancer. Many of the carcinogens from cigarettes are excreted in the urine where their presence can cause bladder cancer, which is often fatal. High blood pressure from smoking can damage the kidneys. The Results The health effects of smoking have results we can measure. Forty percent of men who are heavy smokers will die before they reach retirement age, as compared to only 18 percent of nonsmokers. Women who smoke face an increased risk of cervical cancer, and pregnant women who smoke take a chance with the health of their unborn babies. But the good news is that when you quit smoking your body begins to repair itself. Ten years after you quit, your body has repaired most of the damage smoking caused. Those who wait until cancer or emphysema has set in aren’t so lucky—these conditions are usually fatal. It’s one more reason to take the big step and quit now. How to cite How Smoking Affects Your Body, Papers

Becoming a Professional Marketing Administration Assistant

Question: Discuss about theBecoming a Professionalfor Marketing Administration Assistant. Answer: Introduction The primary aim of this assessment is to assess three covering letter and their review and selected two of them for the designation of Marketing Administration Assistant for the pro Publishing. The candidates are selected on the overall basis of their qualification and skills for better communication and knowledge from experience. Depending on these notions, two candidates will be selected and this task comprises of the justification for the selection and rejection of those candidates. Discussion Selection of Mary Ferguson The most important point that is positive about the candidate that she has the experience with the client currently associated with the company and thus, it can be ensured that she can manage their requirement well compared with other candidates. Moreover, her distinction degree in marketing and internship in the respective field make her more suitable candidate, who can communicate with other clients, suggest an idea for developing the relationship with the existing clients, and invite more clients to associate with our company. Marketing administrator assistant must have to possess the ability to lead an entire team and this candidate has those leading characteristics, as she was the Vice-captain in the State High School Netball Team. The extra quality that a suitable candidate for the marketing administrator assistant is required is to organize the event so that they can motivate the team members to work with proficiency. In this context, Mary has the experience of event managemen t, effective communication skills and most importantly organizing supermarket in-store promotions for the leading retail organization like Coles and Woolworths. As mentioned in the cover letter, brand managers of those companies also appreciate her work that she manages an event skilfully that according to the requirement of the pro Publishing will be beneficial. Selection of Christine Chalmers The best thing that is positive about this candidate is that she is a self-learner and has the ability to learn new skills for herself development that she has done through these years. This ability makes her suitable for the designation, as an administrator should adopt flexible attitude for understanding the requirement for the company and the organization. They should also know the use of the social media for an attractive approach to promoting company events and products and this candidate runs her website. She also knows how to maintain copyrights and share information regarding products on a website for the promotion. Christine also self-learned many things like the publishing of books and judging the gaps of the literature used by an author or in the content of the website. Moreover, her ability to learn new technology makes her grab the knowledge of web development software and all the recent updates in the technology. The quality we admire in the desired designation is the a bility to built relationships with clients so that they can convince them to take suitable steps for taking marketing initiatives for enhances sales and performance. This candidate knows that the most important aspect is effective communication skills and the quality needs for the handling marketing skills can be gained through the self-initiatives even though she does not have the degree in marketing. Rejection of Jason Hurley The reason for which this candidate cannot able to select for the position of the marketing administrator assistant is the lack of the presentation skills. However, the qualification in the bachelors in commerce makes the concerned candidate able to attain the concept of the business management but the covering letter does not make many approaches and shows interest for getting selected for the pro Publishing. The experience that this candidate has is suitable for being in the organization that is working in an advertising agency or working as brand managers; however, employee retention is a great concern while recruiting in a top designation for an organization. Jason did not associate even six months in those organizations. In addition to that, the organization where Jason has to spend almost three years of time as a team leader in Pizza Hut, is different from the publishing company and the leadership skills used in that organization is nor similar with the management styles used b y the team leader in the organization from which the recruiting is occurring. Conclusion Three candidates applied for the designation of the marketing administrator assistant- Mary Ferguson, Christine Chalmers and Jason Hurley. The former two candidates are selected while the third candidate is not selected for the concerned designation. The abilities that are more emphasized is the real life experience for organizing events and handling websites so that products can be promoted well and the content of the websites can be attractive. However, the rejection of the third candidates is the lack of experience in the required field and less employee retention with the organization the candidate is associating in his career.