"Economic Impact Of World Expo On Host Country" Essays and Research Papers

Economic Impact Of World Expo On Host Country

which is of course a benefit for the host countries’ economy as it increases skilled labours in the labour market. In addition, they also inspire other local firms to use new technologies and learn new ways of operating organizations. There is better utilization of resources including the human resource which is indeed beneficial to both the MNCs and the host countries. Balance of payment Transaction between one specific country and all other countries in a specified time period is balance...

Economics, Income, International economics 1462  Words | 5  Pages

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Is Immigration An Economic Benefit To The Host Country

Immigration is an Economic Benefit to the Host Country Name: Cindy Winata Student ID: 12413091 Professor: Vyas Utpal Immigration is an Economic Benefit to the Host Country Is immigration an economic benefit to the host country? As the world globalizes, this issue has become a topic of a debate in recent years. The inflow of immigrants may bring a positive effect or negative effect to the destined country. However, in some countries like the United States, their economic development has...

Comprehensive Immigration Reform Act of 2007, Economic growth, Economics 1316  Words | 6  Pages

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Expo 2020 1

EXPO 2020 Definition of Expo 2020 Expo 2020 , is a Universal scale Registered Exposition time slot sanctioned by the Bureau of International Expositions (BIE).Every five years and for a period of six months, World Expos attract millions of visitors. The World Expo has never been held in the Middle East, Africa and South East Asia in the history of the event.Once one city had lodged a bid with the BIE other cities had six months to respond ,at which point 5 cities had lodged their bids with the...

Al Maktoum International Airport, Dubai, Dubai International Airport 885  Words | 3  Pages

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Does Holding the Olympic Games Have Benefits for the Host Country?

AGRUMENTATIVE ESSAY Does holding the Olympic Games have benefits for the host country In recent years, the Olympic Games have developed into one of the most significant mega-international sporting events (Roche,2000). More and more cities are bidding to host the Olympics and increasingly money are invested in Olympic bids, which is due to the reason that the government believe that they could get benefits from such...

2008 Summer Olympics, 2012 Summer Olympics, Athens 1564  Words | 5  Pages

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Impacts of Tourism in Host Communities

IMPACTS OF TOURISM IN HOST COMMUNITIES Tourism is one of the most important worldwide activities; it is also of great importance to the socio-economic and cultural development of a country. Tourism is a vital tool for conservation of natural systems, contributes to sustainable development of local communities and creating communities about sharing experiences. But if this activity is disorganized, uncontrolled and poorly planned can cause damage to both, environmental and cultural. People started...

Tourism, World Tourism Organization 1013  Words | 3  Pages

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olympic impact local economic

What are the impacts of hosting an Olympic games In recent years, the Olympic games have developed as a one biggest and influential social ceremony in the whole world. Every four years, the increasingly rise number of cities join the competition for host the Olympic, and both countries and cities spend much more funds to investment in Olympic bids indicate. Leads from different countries realize that hosting a worldwide event...

2000 Summer Olympics, 2004 Summer Olympics, 2008 Summer Olympics 1873  Words | 6  Pages

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Impact of Economic Development on Science

ENGINEERING ECONOMICS ASSIGNMENT 1 ECONOMIC DEVELOPMENT AND ITS IMPACT ON SCIENCE Ananthtejas R 09CO12 Economic development Economic development is a broad term that generally refers to the sustained, concerted effort of policymakers and community to promote the standard of living and economic health in a specific area. Such effort can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social...

Developed country, Developing country, Economic development 2013  Words | 6  Pages

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’Towards a Connected World’ – the Socio-Economic Impact of the Internet

connected world’ – the socio-economic impact of the Internet Building Internet infrastructure and access creates new jobs, higher revenues and better social conditions, according to a recent study by the Boston Consulting Group. Background: The ICT industry has established itself as a major driver of economic growth and an enabler for the development of other critical industry sectors. The next big impact is expected to come from Internet and data services. To assess this future impact, the Telenor...

Economic development, Economics, Health care 652  Words | 3  Pages

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Economic Impacts of Tourism

to the specialized, even in the remote parts of a country. The author in the following report has a brief introduction of tourism and a little bit of the industry. The report also contains what the industry’s growth is and how the visualizes itself in 2020. The Butler’s Life Cycle model and what are the economic impacts on tourism have also been explained. This report contains Singapore as its main example to prove that tourism does have an impact on the economy. The author has given facts and figures...

Space tourism, Tourism, Travel and Tourism Competitiveness Report 2282  Words | 7  Pages

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Trade Fairs and exhibitions and their economic impact on companies and countries

Trade Fairs and Exhibitions and their economic impact on companies and countries What are Trade Fairs? A trade fair is also known as a trade show/trade exhibition/expo. The name may vary but the basic function of the activity represents a major industry marketing event. They are organized so that companies in a specific industry can showcase and demonstrate their latest products, service, study activities of rivals and examine recent market trends and opportunities. In contrast to consumer fairs...

Las Vegas, Nevada, Trade fair, Trade shows 1435  Words | 5  Pages

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The Olympic Games brings more problems than benefits to the host country

every four years in different cities throughout the world (Answers, 2006, Internet). According to the Olympic charter, the goals of the Games are to encourage peace, harmony and to enhance a better world through sports among countries (McGeoch & Korporaal, 1994, 7). However, its economic and social impacts are also the prime concerns. This essay will focus on the benefits as well as the problems that staging the Games bring to that host country. The advantages are firstly about the enhancements of...

2000 Summer Olympics, 2004 Summer Olympics, 2008 Summer Olympics 1349  Words | 5  Pages

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Economic Impact Chapter 7

ECONOMIC IMPACT Tourism is the largest industry in the world that has major impacts specifically to the economy of the so-called developing country like the Philippines. Employment is the simplest reason why tourism exists and greatly affects a country’s economy. To attract people who will visit the place is one of the main goals in developing the floating restaurant especially tourists outside the host area and outside the country. For the reason, that tourist from other countries would usually...

Bulacan, Economic development, Economics 784  Words | 3  Pages

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Political, Social and Economical Impacts on the 2010 World Cup

FIFA World Cup South Africa 2010: The Social, Economical and Political Impacts Communication: Outcome 2 Summative Assessment Graeme Boyle November 2010 Table of Contents 1. Introduction 3 2. Overview of the Event 3 2.1 Social impact 4 2.2 Political Impact 5 2.3 Economic impact 6 3. Conclusion 7 4. References 8 1. Introduction The FIFA World Cup is one of the largest sporting events in existence, happening every four years in different country across the world. As...

2010 FIFA World Cup, Cape Town, FIFA World Cup 1790  Words | 6  Pages

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Economic Impact of 9/11 on Pakistan

ECONOMIC IMPACT OF 9/11 ON PAKISTAN Nine years down 9/11, we note that three countries Afghanistan, Iraq and Pakistan bore the brunt of the aftermath of the dastardly deed. Destruction and mayhem resulting from the occupation of Iraq has regressed it from a booming oil economy into a hotbed of terror attacks. Then Afghanistan, which was already reeling under the impact of the after effects of the Soviet invasion and tribal wars for supremacy, has retrogressed further after the US-led invasion. The...

Economic growth, Economics, Foreign direct investment 973  Words | 3  Pages

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impact of TNCs

operating in Less Developed Countries outweigh the negative impacts.” How far would you agree with this statement? A transnational corporation (TNC) is a firm that has the power to coordinate and control operations in more than one country, even if it does not own them. There has been a movement of industrial activity from Developed Countries (DCs) to Less Developed Countries, due to the lower production costs in LDCs, allowing TNCs to maximize profits. Less Developed Countries can be further categorized...

Country classifications, Developed country, Economic development 1045  Words | 3  Pages

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The Economic Impact of the Olympic Games

The Economic Impact of the Olympic Games With the Olympic games being held in Sydney this year, I wondered if perhaps the performance of the economy was being affected in part by the fiscal stimulus provided by Olympic construction in Sydney and other parts of the country. Australia's economy has been performing well recently, suggesting that there might be some effect. Over the last five years, growth in Australia's gross domestic product has averaged 4.35%, almost a full point above it's thirty...

2000 Summer Olympics, 2004 Summer Olympics, 2008 Summer Olympics 1165  Words | 4  Pages

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The Cultural Impacts of Tourism on the Host Communities

The cultural impacts of tourism on the host communities The impact that tourism has on the cultural lives of communities is one of the most important issues debated by tourism researchers and academics today. There is an increasingly growing concern that tourism development is leading to destinations losing their cultural identity by catering for the perceived needs of tourists. Although they take longer to appear, the cultural consequences of tourist activity have the potential to be much...

Cultural tourism, Culture, Heritage tourism 1087  Words | 4  Pages

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Positive Impact of Globalization Toward Economy

Positive impact of MNC & FDI Positive impact of MNC & FDI International Political Economy Second exam J.C. Odencrantz 4/24/2012 TN Gilpin writes that “opinions corporate on differs greatly over the significant for international and domestic economic affairs of the Globalization of corporate activities” explore how MNCs and FDI impact domestic and international economies using one of the perspectives discussed by Gilpin (perspectives can be from business economics or political...

Corporation, Economics, Globalization 2221  Words | 7  Pages

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The Beneficial Impact of Olympic Games

Beneficial Impact of the Olympic Games Submitted to: Pikios,Christina ELST 0381,R74 April,8 The Beneficial Impact of the Olympic Games Have you seen an excellent opening ceremony of the Olympic Games? Have you enjoyed watching the most skillful competition at the Olympic Games? Have you been deeply touched by the Olympic spirit during the Olympic Games? Since the first Olympic Games in ancient Greece, this famous competition has become a symbol of the best sports in the world. Every...

2000 Summer Olympics, 2004 Summer Olympics, 2008 Summer Olympics 954  Words | 3  Pages

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Migrants Culture in Host Country

| Migrant’s culture in host country Culture is generally accepted way of doing activities in a society which includes beliefs, symbols, values, behaviour and social organization. Migrants adopt and mix with new culture since culture change in inevitable. There are certain arguments for maintaining one’s native culture in a new country. However, it is a defended that migrants should adopt the host country’s culture. This essay will consider the arguments for retaining or not retaining ones culture...

Culture, Developed country, Diwali 814  Words | 3  Pages

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Economic Development for Developing Countries

ECONOMIC DEVELOPMENT SUMMARY CHAPTER 2: COMPARATIVE ECONOMIC DEVELOPMENT (Page 65 – 73) Created By: PATRICIA M. A. ADAM 1006805694 International Undergraduate Program Faculty of Economics University of Indonesia Depok 2013 Larger Rural Populations but Rapid Rural-to-Urban Migration One of the hallmarks of economic development is a shift from agriculture to manufacturing and services. Although modernizing in many regions, rural areas are poorer and tend to suffer from missing markets...

Colonialism, Cyprus, Developed country 1244  Words | 5  Pages

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Economic Impacts of Beijing Olympic

Economic Impacts of Beijing Olympic Bird Nest and Water Cube: We can all recall the opening of Beijing Olympic in Bird Nest where the gorgeous fireworks and fantastic shows were shown. As well as the Water Cube, an exquisite designed water stadium, which all the water competitions were hosted. After the 2008 Beijing Olympic, those multibillions infrastructures were put into use only a few times and for most of the time, they were empty. Some people believe the construction of those infrastructures...

2004 Summer Olympics, 2008 Summer Olympics, Beijing 1261  Words | 4  Pages

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78763492 FIFA World Cup 2022 and its expected impact on Qatar economy

 [FIFA World Cup 2022 and its expected impact on Qatar economy] Name: University: Instructor . ”Expect amazing” was the main tag line used Qatar Bid Committee for FIFA 2022 it turned to be a reality when FIFA awarded Qatar the right to host 2022 World cup. To become the first country in the Middle East to host the world cup, the world cup is expected to attract around half a million visitors, which is almost a third of Qatar’s total population. This event in Qatar is expected to have...

Bank, Deflation, Economics 694  Words | 4  Pages

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Economics Assignment Effect of Commonwealth Games on Indian Economy The Commonwealth Games (CWG) is an international multi-sport event which involves athletes from the Commonwealth of Nations. The Commonwealth of Nations which is referred to as Commonwealth was formerly known as the British Commonwealth which is an inter-governmental organization consisting of fifty-four independent member states out of which two -Mozambique and Rwanda were before a part of the British Empire. The objective of CWG...

2010 Commonwealth Games, British overseas territories, Commonwealth Games 2342  Words | 7  Pages

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Philippines Economy To Survive Haiyan Despite a terrible human toll, Haiyan is unlikely to derail the nation’s impressive economic performance. By Anthony Fensom Asia’s “strong man” economy of the Philippines is considered tough enough to weather the effects of Typhoon Haiyan. Yet even after the deadliest typhoonin the nation’s recorded history, analysts have warned of potentially worse storms ahead. After making landfall on November 8, Haiyan (known as Yolanda in the Philippines) flattened...

Economic development, Economic growth, Economics 2463  Words | 7  Pages

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The Impact of Refugees on Host Countries


Afghan refugees, Afghanistan, Iran 2757  Words | 9  Pages

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Economic Impacts

Economic Effects -- Positive Tourism creates jobs, both through direct employment within the tourism industry and indirectly in sectors such as retail and transportation. When these people spend their wages on goods and services, it leads to what is known as the "multiplier effect," creating more jobs. The tourism industry also provides opportunities for small-scale business enterprises, which is especially important in rural communities, and generates extra tax revenues, such as airport and hotel...

Caribbean, Coral reef, Geotourism 1015  Words | 4  Pages

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Refugees Have a Negative Effect on the Economy of the Country

Refugees have a negative effect on the economy of the country. Nowadays one of the major problems in the world is the growing number of refugees and asylum seekers. Refugees are people who have been forced to leave their home country for fear of persecution for reasons of race, religion, politics, civil war or due to environmental disasters. Almost since time began, the human race has had problems when the situation in their...

Australia, Canada, Economics 783  Words | 3  Pages

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Impact of Globalization on Developing Countries

such as growing economic integration and liberalization; trade regulation; convergence of macroeconomic policies; modification of the role and concept of nation state; proliferation of supranational agreements and regulatory bodies; and globalization of information systems. * These trends are associated with both positive and negative impacts on human well-being, the use and conservation of the environment, equity within countries and between developing and developed countries, participation and...

Africa, Developed country, Developing country 1150  Words | 4  Pages

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Economic Impacts of Natural Disasters

ECONOMIC IMPACTS OF NATURAL DISASTERS ABSTRACT: Disasters of both natural and technological origin have a considerable impact on communities. The effects of disasters in India are significantly reduced by well established counter disaster arrangements at all three levels of government. These arrangements comprise comprehensive plans of prevention, preparedness, response and recovery and in more recent times, of mitigation. The economic effects of disasters can be devastating and widespread. When...

Disaster, Economic development, Economic impact analysis 1893  Words | 7  Pages

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The Economic Impact of Japanese Sunami

March 2011: The Economic Impact The effect of Japan’s earthquake and tsunami on the Japanese and world economy. Japan’s March 11, 2011 earthquake and tsunami.  An 8.9 magnitude earthquake hit Japan on March 11, 2011 and the result of the earthquake was a large tsunami that caused massive devastation. Japan has been undergoing a humanitarian crisis as thousands of people have been displaced due to one of the strongest earthquakes in modern history. What will be the economic impact of the disaster...

Earthquake, Economic growth, Economics 2495  Words | 7  Pages

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The Impact of Economic Growth on the Environment

Introduction Reich (2010, p. 1) argues that economic growth leads to increased prosperity in the developed, emerging and developing world. The argument is focused on the negative effects of slow economic growth for the world and the environment. This article provides a unique perspective regarding the impact of growth on environment and approves of economic growth as an indicator of improving environmental and economic conditions of people throughout the globe. This essay provides a critique of...

Economics, Environmental law, Environmental protection 1103  Words | 3  Pages

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Economic Impact of Immigration

your favorite restaurant? If you have not, it is important that you read this paper to understand the impact that immigrated persons have on the population, jobs, wages, services, and ultimately the economy of California. Not to mention the intricate tie the economy has to one of California’s biggest commerces; agriculture. The intention of this paper is to discuss and investigate the impact of immigrated persons on the economy of California and a look at both sides of of the argument about what...

California, Human migration, Illegal immigration 1790  Words | 5  Pages

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Global Tourism Negative Impacts Of Tourism

globally. Tourism is often treated as means to develop the country and to make the country known worldwide. This leads to the construction of infrastructure and facilities which are placed in locations which has the tendency to generate revenue in conjunction to tourism. However, the environment, economy and socio-culture suffers from the acts of tourism due to the activities carried out by tourist, thus creating negative impacts which affect it’s host community globally. Natural resource suffers from the...

Maldives, Tourism 1386  Words | 4  Pages

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Social, Economic and Environmental Impacts in Tourism

The large scale impacts of Tourism include environmental, socio-cultural and economic impacts. Impacts can be positive, as well as negative, but should never be underestimated. The concept of sustainability is factored into these tourism impacts, when the size of the impacts become large enough to drastically alter economic, socio-cultural and environmental areas of a tourist destination. The importance of these impacts will be analysed and evaluated in this essay, keeping in mind that this will...

Sustainability, Sustainable development, Sustainable tourism 2288  Words | 7  Pages

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What Extent the Developing Countries Depend on the Industrial Countries for Economic Growth and Development

WHAT EXTENT THE DEVELOPING COUNTRIES DEPEND ON THE INDUSTRIAL COUNTRIES FOR ECONOMIC GROWTH AND DEVELOPMENT. A developing country, also called a less-developed country (LDC), is a nation with a low living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries. Meanwhile, an industrial country also known as developed country or "more developed country" (MDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure...

Country classifications, Cyprus, Developed country 1776  Words | 5  Pages

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The Impact of Disasters to the Economic Growth of a Country a Study Case of Indonesia

Economic growth is defined as the increase of per capita gross domestic product (GDP) or other measure of aggregate income. It is often measured as the rate of change in real GDP and it refers only to the quantity of goods and services produced. As we all know, each country has its own economic development that can be affected both positively and negatively. When a country experiences a negative growth, it can be referred to by saying that the economy is “shrinking” and it is associated with economic...

Central Java, Economic development, Economic growth 1278  Words | 4  Pages

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Economic Impact of Dubai

Economic Impact: Dubai Dubai is the largest of the seven emirates in the United Arab Emirates. It is quickly growing into a huge tourist spot and prides itself on having some of the world’s greatest attractions. However, sometimes having the best comes with consequences. Despite the Middle East’s relatively low tourist rate, Dubai had been able to attract many “big spenders,” which has enhanced its economy, but can also take a toll on the people. In her article, “Tourism in Dubai,” Joan Henderson...

Abu Dhabi, Burj Khalifa, Dubai 1242  Words | 4  Pages

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The impact of world war one on the homefront - social, political and economic impacts.

The First World War impacted significantly on the homefronts of the participating nations in many different social, political and economic areas. There was a widespread restructuring of primary industry with a large orientation towards militarism. There was massive political change where new systems of power were introduced that gave governments a range of new powers including the control over industry. The civilian population had severe restrictions placed upon their rights and liberties due to...

Allies, Government, Home front 1551  Words | 4  Pages

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The Economic Impact of the US/Iraq and Afghanistan

 The Economic Impact of the US/Iraq and Afghanistan ECO2013 August 18, 2014 Introduction In the past decade, the US has engaged in a number of wars with countries in the Middle East with regard to increased terrorism threat in the world. Presently, the US troops are engaged in armed conflict with the Taliban groups in Afghanistan and Iraq, and is contemplating engaging its troops in Syria to combat the Syrian government in the Syrian civil crisis. This...

2003 invasion of Iraq, Baghdad, George W. Bush 1454  Words | 6  Pages

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Examine the Impact of Multinational Corporations Setting up in Developing Countries

 Examine the Impact of Multinational Corporations Setting up in Developing Countries There has been a very controversial debate over years now about the impact of multinational corporations setting up in developing countries, which have many supporters as well as opponents. Surely there is not only one way to look at this more and more common phenomenon that affects the host countries in many both positive and negative ways that are discussed in this paper. The term multinational...

Corporation, Developing country, Development 1967  Words | 6  Pages

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How to Avoid Translation, Transaction and Economic Exposures in the Economic Cycle

Part 1 Question a Provide examples of how real world multinational corporations (MNC) reduce their translation, transaction and economic exposures. Translation exposure is the effect of changes in exchange rates on the accounting values of financial statements (Shapiro, 2010, p.356). The translation exposure arises from the conversion the financial statements denominated in foreign currency from denominated in home currency. The MNCs could reduce their translation by using funds adjustment...

Bond, Currency, Debt 1983  Words | 6  Pages

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Economic Effects on V4 Countries

of the economic crisis on V4 countries | | | Alina Cioată - ERASMUS | 11/29/2012 | | Macroeconomic issues in V4 countries November 2012 Nitra, Slovakia Introduction It is enough just to turn on the TV or to read a newspaper to be able to know which is one of world’s major problems nowadays. It might be call economic crisis or financial crisis or recession but all these names cover a single situation: the impossiblity of living decently in many of the countries in the...

Central Europe, Czech Republic, Economics 2463  Words | 7  Pages

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Economic Significance of Tourism

Introduction * Definition Of Tourism * Economic Significance Of Tourism * Price And Income Elasticity * The Economic Impacts Of Tourist Spending * Foreign Exchange * Employment * Tourism Income Multiplier * Regional Development * Cultural Resource * International Understanding * Conclusion * References INTRODUCION Today, tourism is one of the largest and dynamically developing sectors of external economic activities. Its high growth and development...

Economic development, Economics, Economy 1080  Words | 5  Pages

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The Economic Advantages and Disadvantages of the Economics Globalisation for Developed and Developing Countries.

The Economic Advantages and Disadvantages Of The Economics Globalisation For Developed and Developing Countries. According to Goyal (2006), the globalisation of economics is an integration of economic factors between countries around the world through cross-border movement of capitals, labours, goods and services from one country to another country. Consequently, it gives an impact for involved countries, which are not only a benefit but also a detriment. While it may be true that the globalisation...

Developing country, Economics, Globalization 717  Words | 3  Pages

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Impact of Natural Disasters on Economic

IMPACT OF NATURAL DISASTERS ON GDP (RELATE TO THE GDP METHOD USED) Due to rising population, climate changes and environmental degradation, natural disasters is increasing in frequency. There are several factors which affect a country’s vulnerability to natural disasters; its geographic size, the type of disasters, the strength and structure of its economy and prevailing socioeconomic situation. Japan uses the expenditure method to measure national income. The expenditure include personal consumption...

Consumer spending, Consumption, Earthquake 876  Words | 3  Pages

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Impact of Fdi

UNIVERSITY OF ECONOMICS AND LAW NGUYỄN TẤN VINH IMPACT OF FOREIGN DIRECT INVESTMENT ON ECONOMIC STRUCTUAL CHANGE IN HO CHI MINH CITY Major: Code: Economics Supervisor: 1. Dr. Nguyễn Tiến Dũng 2. Dr. Lê Tuấn Lộc DOCTORAL THESIS SUMMARY Ho Chi Minh City - 2011 1 INTRODUCTION 1. Problem statement Industrialization and modernization of the economy and proactive international economic integration are the pressing issues for countries at low level of economic development...

Economic growth, Economics, Economy 1607  Words | 6  Pages

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The Impacts of Olympics 2012

staging of major sports events effects the host community in several ways. The most important is the so called “feel-good” factor created by the success reached in sports competition and the image created of the host city (Bowdin, et al. (2006) pp). This factor can even led to better motivation at the work place as stated in a study by the Hudson company: “Real-life accounts reveal that the sporting ‘feel good’ factor has a significant impact on the world of work: on individuals’ motivation, approach...

Cardiff City F.C., Cricket, Economic impact analysis 1411  Words | 4  Pages

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The Economic Effects of the Olympics

The Economic Effects of the Olympics The Olympic Games is a sporting event that attracts worldwide attention. People travel from different parts of the world to participate in the Games, or to watch and support. Countries that are hosting the Games have to prepare to welcome this great number of visitors. They also have to set up all the equipments that would be needed. Hosting the Olympics is an expensive project, and it always leaves an effect on the host country. These effects may or may not...

2008 Summer Olympics, 2012 Summer Olympics, Athens 1747  Words | 5  Pages

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The Impact of the Growing Economic Power of China

The Impact of the Growing Economic Power of China China is the second largest economy in the world after the US. This is measured by both nominal GDP ($4.99 trillion), and by purchasing power ($8.77 trillion). The Peoples Republic of China, as it is officially called, is the world’s fastest growing major economy in the world with an average growth rate of 10% for the past 30 years. China is also the second largest trading nation in the world as well as being the largest exporter and second largest...

Economic growth, Economics, European Union 800  Words | 3  Pages

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What Potential Effects do Multinationals Have on Developing Countries?

potential effects do multinationals have on developing countries? Introduction The Multinational Corporation (MNC) has been a central feature of economic activity in the past decades. According to the World Investment Report 2001, Foreign Direct Investment (FDI) by MNCs in 2000 grew faster than any other economic aggregated indicator1. The spread of MNCs around the globe continues to generate controversy about their benefits and costs to host countries. However, before commencing an analysis of the pertinent...

Development, Economic development, Economics 1134  Words | 3  Pages

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Positive Effects of Tourism in Developing Countries

in Developing Countries BY Ruby P. Autor School of International Hospitality Management WCC Antipolo, Rizal October 15, 2012 Introduction Tourism has been increasingly viewed as an alternative approach in economic and environmental development as well as in the aspect of social and cultural in developing countries. Combating poverty is probably the most leading problem that most of the countries in the world especially countries that is still...

Country classifications, Cyprus, Developed country 1228  Words | 5  Pages

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Do the Institutional Factors Significantly Impact on the Governance Behaviour of Mnes?

global economy.Whether the institutional factors have a significant impact on MNEs' governance remains to be discussed.With the large FDI behaviours,vast majority of capital, resources as well as labour circulate between developing countries and developed countries.On one side,developing countries try to set up preferential policies to attract inward FDI;On the other side,developed countries would like to invest outside countries to expand the market and achieve economies of scale.However,FDI also...

Corporation, Development, Foreign direct investment 1880  Words | 6  Pages

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Impact on China's Economy of the Economic Globalization

Impact on China's economy of the economic globalization Abstract: As everyone know that no country can avoid to participate the globalization. China has always been trying to follow the trend of globalization, to be part of it, and actively join in it since its opening to the world in 1978. After 23 years in 2001, of hard efforts have been made by lots of people and tremendous negotiations have been undergone for such a long time, China finally got access to the WTO, which marks the most important...

Development, Economic development, Economic growth 1869  Words | 5  Pages

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The Globalization's Impacts to Developing Countries

information technologies. It describes the growing economic, political, technological, and cultural linkages that connect individuals, communities, businesses, and governments around the world." From the socio-cultural sense, we may have globalization definition as "The formation of a global village – closer contact between different parts of the world, with increasing possibilities of personal exchange, mutual understanding and friendship between world citizens" (Wikipedia, 2004). This definition is...

Cyprus, Developed country, Developing country 1644  Words | 5  Pages

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Indicators of Third World Countries

Third World Country is a term used for developing countries, and least developed countries. These countries are economically underdeveloped. Characteristics of a third world country are poverty, agriculture economy, disease, high birth and infant mortality rates, over population, poor infrastructure, unstable governments, no health care, environmental problems, non educated, starvation, and death. Those characteristics are the first thing that comes to someone's mind about a third world country. Most...

City, Country classifications, Demography 884  Words | 3  Pages

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The impact of FDI on GDP in Nigeria

Introduction When investigating the impact of Foreign Direct Investment (FDI) for host countries, most research focuses on the effect of FDI on economic growth. FDI can be defined as cross-border expenditures to acquire or expand corporate control of productive assets (Froot, 1993). It is a key element in the rapidly evolving international integration. It may help the competitive position of both the recipient (host) and the investing (home) economy, by transferring know-how and technologies and...

Development economics, Economic development, Economic growth 2484  Words | 10  Pages

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Evaluating the Socio Economic Impact of the Structural Adjustment Program

experienced chronic economic crises which have had a severe impact on their growth performance, poverty profile and income distribution which in turn undermined economic development. These hardships can be traced back to the global crises of the early 1980s, inadequate financing due to disruption in local production coupled with deficiencies in national policy-making and most importantly weaknesses in the economic structure of these countries. These have left most SSA countries with acute balance...

Developing country, Economic development, Economics 850  Words | 3  Pages

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Do Major Sporting Events Provide Host Cities With Economic Booms or “Whispers”?

Events Provide Host Cities With Economic Booms or “Whispers”? Every year major sporting events that draw crowds numbering in the hundreds of thousands take place in cities all across the United States. From the Super Bowl to the NCAA Men’s Basketball Final Four, cities commit taxpayer money to help fund the building and renovation of stadiums, sometimes worth over $1 billion, because the cities’ respective governments believe that by doing so they will increase their chance to host these events...

Economics, Economy, Houston 872  Words | 3  Pages

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The Economic Impact of Overpopulation

than two-million years ago, the human species was introduced to the world. The process of evolution altered that species to adapt most efficiently to the environment, resulting in the current subspecies of humans or homo sapien. Hundreds of years after the establishment of the subspecies in year one common era, they populated the world to breech approximately one million residents. Today, more than two-thousand years later, the world has passed the seven billion mark. The rate of change in the population...

Health care, Health insurance, Medical school 2718  Words | 7  Pages

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