JÖNKÖPING INTERNATIONAL BUSINESS SCHOOL JÖNKÖPING UNIVERSITY The Role of FDI and Openness to Trade in Economic Growth A study of Africa and Asia Bachelor thesis within Economics Author: Maria Beradović 851117-2986 Jeanette Hennix 801004-4827 Tutor: Ass. Prof. Scott Hacker Ph.D. Candidate James Dzansi Jönköping 01-2009 Acknowledgements The authors would like to thank Associate Professor Scott Hacker and PhD Candidate James Dzansi for the help‚ guidance and support during the process of
Premium Economic growth Economics International trade
has achieved great economic growth within the last half century despite having been devastated by the korean war and having a GDP per capita in 1960 comparable to the current Republic of Congo[1]. Todays South Korea has a total GDP similar to that of Italy and Canada[1] but how did it get there? The following essay will examine how South Korea achieved this growth and will focus on how foreign aid‚ education‚ import substitution‚ exports and the chaebol helped South Korea’s economic development. Foreign
Premium Economics Economic growth United States
Macroeconomics ECON224-1201A-16 AIU Online Factors behind Economic Growth in Hong Kong and Singapore There are many similarities between Hong Kong and Singapore. Both countries enjoy high economic growth rates for the past three decades‚ they are known as “East Asian Tigers” because they made a transition from poverty to Newly Industrialized Economies (NIE’s) in a very short period of time. Both Hong Kong and Singapore were British colonies with both legal and administrative systems of their
Premium Economic growth Economics Asia
a rapid annual growth rate of 10%. Since 2004‚ it has become the world’s third largest trading nation‚ after US and German. However‚ behind the fast growth of the economy‚ some potential challenges still exist and require effective policies if China want to sustain fast development in the future. By examining the components of China’s GDP‚ it can be found that the economy has been over reliant on investment (42% in 2005) and export (net export account 10% in 2006). This growth model is considered
Premium Stock market Economics Real estate
1. Introduction Capital markets are the promoter of economic expansion of a country engaged in exchange of capital instruments‚ like securities‚ bonds‚ treasury bills‚ notes etc to achieve economic goals. In Bangladesh‚ there are 2 stock exchanges. Dhaka Stock Exchange (Generally known as DSE) is the main stock exchange of Bangladesh. East Pakistan Stock Exchange Ltd was finally named as Dhaka Stock Exchange (DSE) on 14 May 1964. Although incorporated in 1954‚ formal trading started in 1956. Prior
Premium Stock market Stock exchange Economic growth
Entrepreneurship is important in business and essential for economic growth. Those aspects of factors have been highlighted and proved by different schools. There are some debates about the impact on entrepreneurs’ personal character and their operating environment. Both of them are important and have deep influences on their behaviours. I personally consider that the environment in which entrepreneur operate have more important influence on them. In following‚ I will discuss both two aspects and
Free Economics Entrepreneurship Entrepreneur
Macroeconomics Project Does the Economic growth of Philippines impact India Introduction The Economy of the Philippines is the 40th largest in the world according to 2012 International Monetary Fund statistics and it is also one of the emerging markets in the world. The Philippines is considered as a newly industrialized country‚ it has been transitioning from one based on agriculture to one based more on services and manufacturing. According to the CIA Factbook‚ the estimated 2012
Free Economics Macroeconomics Economic growth
1) A Countrys rate of economic growth is important because an economy that grows to slowly fails to raise the living standards of its citizens 2)Related don’t let this happen to you! Use the data for the country of New Finlandia in the following table to calculate the following 2006 4‚568. A] the percentage of real gap per capita between 2006 and 2010 is ____3.92_____% The average annual growth rate in real gap per capita between 2006 and 2010 is _________2_____% 3)The following table gives real
Premium Economics Gross domestic product European Union
INDIAN INSTITUTE OF PLANNING & MANAGEMENT BHUBANESWAR WELFARE ECONOMICS Assignment on Five Year Plans in INDIA Submitted to: Prof. Bhabani mohapatra Prepared By ANAND JOGLEKAR ANIL KUMAR SAHOO BIRAJA KALYAN DAS ABHISHEK DARJEE INTRODUCTION: The economy of India is based in part
Premium Economic growth Population India
Does Economic Development always lead to Improvements in Livind Standards? Economic growth and economic development are often thought to be synonymous but although the two are closely linked‚ there are crucial differences in their meanings. Economic growth is defined as ’a rise in the total output (goods or services) produced by a country’. It is measured by the percent rate of increase in the gross domestic product (GDP). Economic development as defined by Todaro is "not purely an economic phenomenon
Premium Quality of life Human Development Index Economic growth