Skip to main content

Home/ IB Economics SL Heitmann/ Group items tagged Economic Development

Rss Feed Group items tagged

svikene

Gender equality is critical to economic development | Sierra Express Media - 1 views

  •  
    This article describes how the United Nations are working with gender equality to achieve greater economic development, and economic growth in this case. The UN is drawing concrete links between women empowerment and greater economic development, illustrating how an androcentric mindset is causing an inefficient allocation of resources.
Aakilah Brown

Malnutrition denies children opportunity and stunts economic development - 0 views

  •  
    A study done in certain Asian countries such as Indonesia and New Guinea show that these country's economies are being prevented from developing by malnutrition. Malnutrition has shown to stunt children's brain development. When children's brain development is slowed it prevents them from receiving the education they need to get out of poverty. Inn these countries education is often needed to remove them from poverty. If malnutrition countries to be this high in these countries it can prevent them from having developed economies.
Aakilah Brown

India's economic growth figures are out-and they exceeded expectations - 1 views

  •  
    India's economic growth has exceeded expectations. India's GDP increase by 7.4% which was more than expected. The manufacturing sector that needed to improve grew by 9.4% which helped increase the country's GDP. Trade, hotels and transport, broadcasting, and professional services sectors all saw increases. India's economic growth and increasing GDP shows that the country's economy is getting stronger.
  •  
    It is estimated that the Indian economy will grow between 8.1% and 8.5% in the 2016 financial year. Trade, hotels and transport & communication and services related to broadcasting, financial, insurance, real estate and professional services and manufacturing have registered growth over 7%. It indicates that although India majorly focuses on primary and secondary industries such as agriculture and manufacturing , the tertiary industries such as the services industry have been largely boosting the economic development in India.
camiellalouisa sehidou

The Best Way to Boost GDP: Education? - 2 views

  •  
    GDP growth starts here. I chose this article because of one of the TOK questions we had this week it brings up education. Well this article talks about how education can lead to economic growth in many different ways. It doesn't just build up one sector it affects multiple, an interview has shown that people will need more than a high school education if they want to find a suitable job. If education standards increase so do income, technology , jobs all leading to an economic growth and I feel that this is actually even better because since it creates new things there is not chance of people losing jobs so employment is not at risk and as for inflation it will increase in the short run but level off.This research was done by Wössmann.
  •  
    Overwhelmingly, more economically developed nations are states with a well-educated workforce. There is a clear and strong correlation between the educational attainment of a nation's workforce and economic productivity. Nations can build a strong foundation for economic success and shared prosperity by investing in education. Nations can increase the strength of their economies and their ability to grow and attract high-wage employers by investing in education and increasing the number of well-educated workers by improving the literacy rate. Investing in education is also good for the long run, since employees with higher incomes contribute more through taxes over the course of their lifetimes. Hence it can be concluded that investing in education , will definitely boost GDP maybe not in the short run but indefinitely in the long run.
kohlig

Africa's economic growth failing to stimulate development and jobs - 0 views

  •  
    Economic growth in Africa is expected to accelerate to 4.7% this year and 5% in 2015, but the advance is failing to translate into job creation and the broad-based development needed to reduce high poverty and rising inequality rates in many countries, the UN has said.
jonathanwiseman

Ontario Invests $175,000 In Indigenous Economic Development With The Mohawks Of Akwesasne - 0 views

  •  
    Ontario, Canada has just introduced a large investment to help indigenous communities develop. The program is aimed at improving education opportunities, supporting local businesses, and promoting local tourism and events. In all, this is aimed at improving the HDI of indigenous communities and of Canada as a whole.
aostrowski1

UN News - Ban spotlights need for human, economic development in Africa's Great Lakes r... - 0 views

  •  
    This article describes that United Nations Secretary-General Ban Ki-moon is stressing the importance of human and economic development in addressing peace and security challenges in Africa's Great Lakes region, calling for the use of natural resources there as a powerful driver of growth.
jonathanwiseman

UNDP launches global Human Development Report in Malawi - 0 views

  •  
    United Nations has launched a project in Malawi to discuss the goals of economic development. The goals are described as income equality, sustainability, and public support for all citizens.
camiellalouisa sehidou

Train those brains - 0 views

  •  
    Developing economies have been trying to figure out what makes them so behind and the answer came out to be education. But education type can't be the same world wide as each place is the same and so are the focuses on the lucrative sectors ( some could be agriculture some manufacture). In one Indian village although the school had to show government they were keeping up with it's regulations they didn't have to show the parents so for five years parents would keep their kids from farm lands and let them go to school only to find out there was no change. Places like this would not benefit from education types such as that in the U.S they need one that conforms to their own styles. In Brazil another school enabled a method that the money follows the child, because if a teacher has no interest in children it doesn't matter how much you pay them the quality of education will not increase. Once the Brazilian school figured that out they were able to increase quality of education and score highest in PISA maths test 2003-2012. Economic development in education is all about quality and quantity of education; quality of the institution, teachers etc.
jonathanwiseman

Mozambique is floundering amid corruption and conflict - 0 views

  •  
    Amid growing domestic issues, such as corruption and political instability, Mozambique continues to suffer from a lack of foreign direct investment and economic growth despite promising offshore oil deposits. Highlights domestic factors that influence economic growth and development.
kohlig

Canada 9th best country to live in: UN human development index - 0 views

  •  
    Canada has ranked ninth in the UN's annual Human Development Index (HDI), out of nearly 200 countries. The HDI measures health and life expectancy, access to education and standard of living.
jonathanwiseman

Global commodity price slump sends ripples around the world - 1 views

  •  
    This article, published by Fortune Magazine on October 3, 2015, describes how the decline in global commodity prices has led to economic problems in developing countries. Also, these falling prices have impacted sellers of valuable primary sector goods such as the Middle East's Gulf States, which supply oil to much of the world.
erinmoran

The Role of Government in the Transition to a Sustainable Economy - 0 views

  •  
    This article discusses the need for the US economy to become more sustainable and the role of the American government in this process. The author argues that the private sector can't make the transition from a waste-based economy to a renewable one by itself. He believes that a public-private partnership is necessary. The article claims that the private sector has a more important role in the transition because it produces the goods and services that are depended on today. However, the government can implement rules to ensure that economic activity does not destroy the plant. The government can fund basic science needed for renewable energy and resource technology and uses taxes, government purchasing power, and other financial tools to steer private capital toward investment in sustainable technologies and businesses. The government can also invest in sustainable infrastructure, regulate land use, work with private or state organizations, measure society's progress toward sustainability, and transfer sustainability technologies to the developing world. It is the belief of the author that sustainability issues cannot be addressed by the private sector/free market alone and require government action. The future of the nation and the plant depends of the government's role in a transition to a renewable resource based economy.
camiellalouisa sehidou

The lure of the city - 0 views

  •  
    Turkey has received an urban explosion that developed it's nations from a musty barren land to a trans-global hub. The technology has advanced, transportation, the environment is clearer as pollution levels have gone down. This was not something done overnight, Turkey had started implementing policies since the 1980s such as gecekondu. Today cities can produce their own revenues, have elected officials, and make their own deals with foreign nations. Yes, the standard of living and income has increased but there are disadvantages with this in the sense that the roads are congested. Less public transportation use. They have also been privatizing public areas which most citizens disagree was they areas are symbolic.
tofrette

Terms of trade drop again - 1 views

  •  
    The country's purchasing power with the rest of the world has fallen for the second quarter in a row. The fall in price of exports is greater than the fall in price on imports
atembeshu fonge

Employment down, productivity up? - 0 views

  •  
    The article discusses the increase in the minimum wage and its effects on employment as the government struggles with the rise of inequality over the previous years. David Neumark an economist at university of california argues in his paper that a high minimum wage wage may not be effective in tacking poverty. Other impacts on the increase in minimum wage is higher productivity on the other hand labor is so cheap that there is less incentive to increase the wages. Higher minimum wages could boost the economy and if employers focused on high-skilled workers in the short term, that could boost productivity and the economy in the long term, eventually providing jobs for the low skilled.
1 - 16 of 16
Showing 20 items per page