This extra return allows poor countries to dramatically increase investment capital and raise efficiency until becoming to the law of diminishing returns and they are growing at the same speed as more advanced countries. However, one of the reasons for this occurrence of divergence is because the poor countries mostly have little in the supply of technology and capita. Since they do not have the access to capital to invest or own the proper resources to improve their processes, they are trapped in this low-efficiency pattern. They can imitate the developed countries, but they will not be able to catch-up because of this limitation. The Limitations of catch up effect is because the poor country does not assurance that catch-up growth will be achieved. Moses Abramovitz emphasized the need for ―Social Capabilities‖ to benefit from catch-up growth. These include an ability to absorb new technology, attempt capital and participate in global markets. According to Abramovitz, these prerequisites must be in place in its economy before catch-up growth can occur, and explain why there is still have divergence situation in the world today. To be more understanding, the theory also assumes that technology is free
Question: Examine two fundamental reasons why less developed economies grow faster than rich ones, attribute to the standard growth theories in view of the Thailand economy and state three types of convergence hypothesis?
2. “New Zealand ranks first in the world ranking of ‘Best countries for international Business’. Its economy, highly dependent on international trade and finance remains one of the most vibrant in the world. Even though it is one of the smallest economy, it ranks first in personal freedom, investor protection as well as lack of red tape and corruption. New Zealand credits one of the world’s lowest tax burdens and a high level of monetary freedom. New Zealand’s economy grew 5% last year and the unemployment rate is a scant 3.2%â€.
“Deregulation helps economic transformation and privatization brings balanceâ€. Analyze the statement with a context of the case given above.
3. “Infrastructure is often called as the lifeline of the economy of a nation. It comprises of a well-established and well-knit network of power, telecom, ports, airports, roads, civil aviation, railways and road transport in a country. Countries need adequate infrastructure so that various economic activities in an economy are executed efficiently, smoothly and above all in time. The deficiencies in the of infrastructural needs of a nation cannot be made up through imports rather the best approach is that it must be created within the domestic economy to put it on through the higher growth trajectory. However, building of infrastructure requires large and lumpy investment and has a relatively long gestation period. Due to this fact, infrastructural facilities are either built or run by the government and public sector enterprises and if private sector is permitted to make investment and run infrastructural projects, they must be regulated in order to ensure quality infrastructure to one and all in the societyâ€
Base on the case study extract above, Differentiate Any four determinants of economic growth and economic development with suitable examples?
4.“Country attractiveness is a measure of a country’s attractiveness to the international investors. In international business, investment in foreign countries is the most important aspect and hence firms want to determine how suitable a country is in terms of its external business environments. Overall attractiveness of a country as a potential market and/or investment site for an international business depends on balancing benefits, costs, and risks associated with doing business in that countryâ€
Demonstrate it in detail through the clear identification of Risk, benefits and cost involved in attractiveness of economies with proper examples?
Rubric for essay questions out of 10:
9-10 = Details are fully complete and demonstrate deep understanding of content, uses specific examples from the text as proof, Provide detailed/clear explanation of your answer.
7-8 = Answer is acceptable but lacks minor details, Demonstrate an above average knowledge of the material(s)
5-6 = Answer is responsive but not fully complete, Provide a vague explanation
3-4 = Major details are missing and shows low level of understanding of the content
1-2= Answer is lacking multiple major details
0 = Question in not answered or answer given is inappropriate
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We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
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You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
This extra return allows poor countries to dramatically increase investment capital and raise efficiency until becoming to the law of diminishing returns and they are growing at the same speed as more advanced countries. However, one of the reasons for this occurrence of divergence is because the poor countries mostly have little in the supply of technology and capita. Since they do not have the access to capital to invest or own the proper resources to improve their processes, they are trapped in this low-efficiency pattern. They can imitate the developed countries, but they will not be able to catch-up because of this limitation. The Limitations of catch up effect is because the poor country does not assurance that catch-up growth will be achieved. Moses Abramovitz emphasized the need for Social Capabilities to benefit from catch-up growth. These include an ability to absorb new technology, attempt capital and participate in global markets. According to Abramovitz, these prerequisites must be in place in its economy before catch-up growth can occur, and explain why there is still have divergence situation in the world today. To be more understanding, the theory also assumes that technology is free
Question: Examine two fundamental reasons why less developed economies grow faster than rich ones, attribute to the standard growth theories in view of the Thailand economy and state three types of convergence hypothesis?
2. first in the world ranking of Best countries for international Business. Its economy, highly dependent on international trade and finance remains one of the most vibrant in the world. Even though it is one of the smallest economy, it ranks first in personal freedom, investor protection as well as lack of red tape and corruption. one of the worlds lowest tax burdens and a high level of monetary freedom. New Zealands economy grew 5% last year and the unemployment rate is a scant 3.2%.
Deregulation helps economic transformation and privatization brings balance. Analyze the statement with a context of the case given above.
3. Infrastructure is often called as the lifeline of the economy of a nation. It comprises of a well-established and well-knit network of power, telecom, ports, airports, roads, civil aviation, railways and road transport in a country. Countries need adequate infrastructure so that various economic activities in an economy are executed efficiently, smoothly and above all in time. The deficiencies in the of infrastructural needs of a nation cannot be made up through imports rather the best approach is that it must be created within the domestic economy to put it on through the higher growth trajectory. However, building of and lumpy investment and has a relatively long gestation period. Due to this fact, infrastructural facilities are either built or run by the government and public sector enterprises and if private sector is permitted to make investment and run infrastructural projects, they must be regulated in order to to one and all in the society
Base on the case study extract above, Differentiate Any four determinants of economic growth and economic development with suitable examples?
4.Country attractiveness is a measure of a country’s attractiveness to the international investors. In international business, investment in foreign countries is the most important aspect and hence firms want to determine how suitable a country is in terms of its external business environments. Overall attractiveness of a country as a potential market and/or investment site for an international business depends on balancing benefits, costs, and risks associated with doing business in that country
Demonstrate it in detail through the clear identification of Risk, benefits and cost involved in attractiveness of economies with proper examples?
Rubric for essay questions out of 10:
9-10 = Details are fully complete and demonstrate deep understanding of content, uses specific examples from the text as proof, Provide detailed/clear explanation of your answer.
7-8 = Answer is acceptable but , Demonstrate an above average knowledge of the material(s)
5-6 = Answer is responsive but not fully complete, Provide a vague explanation
3-4 = Major details are missing and shows low level of understanding of the content
1-2= Answer is lacking multiple major details
0 = Question in not answered or answer given is inappropriate
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
There is a very low likelihood that you won’t like the paper.
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
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