Economic Growth Argumentative Essays Samples For Students

The term development is a very multifaceted ideology. The definition of development refers to the overall enhancement of human welfare, living standards and social well-being of a population. This can also be expressed as the general process towards attaining the needs and wants of the population. Therefore, development can be subdivided into the general tenets that culminate into overall development. Some of the key definitions that comprise development is economic and social development. Economic development has been used to characterize the overall improvement in the country’s welfare in terms of national wealth, health, education, quality of life and human welfare. ...

Generally, during recession period, there are theories that are implemented to try and remedy the situation. The two major theories that have been utilized during the United States of America to try and save big businesses are: supply side economics and Keynesian theory. Arguments have been put across regarding the best theory that is capable of rescuing big businesses during the recession. According to Boskin, many have been in favor of Keynesian while others have been in favor of Supply-side. In this paper therefore, is going to investigate both theories arguing in favor of supply-side. This paper will also ...

One child policy in China was formulated in 1979 and took effect on the same year. Officially known as the ‘family planning policy’, one child policy requires couples who stay in urban areas to have only one child. This restriction does not, however, extend to persons who live in the rural areas of China. Other exceptions to the one child policy include persons who are from ethnic minorities as well as twins. Recent research indicates that as at 2010, approximately thirty six percent of the Chinese population lived in urban areas and were thus subject to the one child ...

On the 15th day of December the year 2003, Dr. Abouleish of Egypt received the Right Livelihood Award for the best social entrepreneur that year. It was around this period that Africa and Asia were quickly embracing the concept of social entrepreneurship. Apparently, back then and even now, social entrepreneurship has not been assigned a precise definition. Even so, the goals of social entrepreneurship are similar across the nations. Unlike business entrepreneurship, social entrepreneurship is a revolution that is aimed at improving the quality of life as well as the socio-economic well being of the members of society (Sachs 26). While ...

Introduction

Tax forms one of the major sources of government revenue; it contributes to economic growth and development as well as the overall prosperity of a country. Based on the method of collection, a tax system can be flat, regressive or progressive. The progressive tax system entails increasing taxes with an increase in individual or household income. The regressive system involves decreasing tax as income increases while the flat tax is a system where everyone pays the same tax irrespective of the income (Roach, 2003). The tax system adopted in a country depends on set objectives, its impacts on taxpayers, ...

There are a number of theories that support the reason why people choose to enter self-employment, even in a culture where a huge number of companies and organizations offer employment to the mass population. According to the disadvantage theory, minorities who are being excluded from the labor market activity are actually forced into looking for substitute employment. At times when there is less to be expected from the labor economy, people would have to choose between unemployment and having low wages. These are the vulnerable workers who seek self-employment due to increased rate of unemployment and some augmented business ...

Compare and contrast the most important points to development that William Easterly, Jeffrey Sachs, and Susan George & Fabrizio Sabelli Give in their books

Introduction

This paper analyzes the vital points to development in the books by William Easterly, Jeffrey Sachs, and Susan George & Fabrizio Sabelli. I will examine the three books one after the other, highlighting the similarities and differences. Importantly, the three books have diverse views about the developmental aid offered by the World Bank and the IMF. However, they all advocate for the establishment of stable, transparent and credible governance in the underdeveloped countries.

In his book, Easterly ...

Different social groups have engaged in the debate about foreign workforce in America. Some groups support the issuing of visas to job seekers while other groups do not support. Groups that support the issuing of visas claim that foreign workforce contributes to economic growth by increasing the productivity of local enterprises. Groups that oppose the issuing of visas to foreigners who seek employment claim that the foreigners pose a threat to the workforce in America. Truly, some of the individuals who receive visas to work in America come to replicate the already available skills. However, some of them come with ...

- Introduction
The dramatic rise of China as a political and global trading force presents a set of matters and concerns for the highly developed countries and particularly to the Asia-Pacific region. While China only poses a lesser security precaution at this juncture, its global intentions and developing capabilities warrant some serious considerations. This is due to the military, economic and political impact of any of its actions or moves.
- China’s Security Alignments and Oppositions
Of the other stable nations in the Asia Pacific region, only Russia takes China as its vital partner. The western democracies are ...

The Chinese have long been accused of manipulating their currency to further serve their economic gains. The rest of the world, perhaps understandably, reacts badly to currency manipulation, as it is seen as the equivalent of “cheating” in the game of international economics. China is often reviled by the rest of the world because, unlike many other countries that pay lip service to traditional economic and political conventions, China has a tendency to act without thought to conventions. Even American presidential candidate Mitt Romney accused China of “cheating” at international economics and declared that if he became president, he would ...

Abstract

Ensuring the health of all citizens in very important in ensuring that economic growth is achieved. This paper tries to explore if a universal health care system would useful to Americans or not. This is because this one the strategies that can be helpful for such a large population.
Health is the state of complete physical and mental wellbeing. Every government has an obligation of ensuring that all its citizens are healthy. These costs are incurred by the government. The costs pertaining to health care are becoming uncontrollable for most nations. This is even worse for countries with large populations ...

Globalization is the increased trade between countries. It involves increased interdependence between economies resulting from the reduced barriers of trade. Globalization has both negative and positive impacts of various groups of people in the world. This research paper will evaluate the effects of globalization in Azerbaijan which is the capital city of Baku. There are both positive and negative effects that this research paper will evaluate.
The city like any other part of the world has benefited from the provision of a variety of goods and services. With globalization, manufactured goods from various parts of the world have managed ...

In his article “Why the United States is in Decline,” Professor Hu Angang discusses the rise of China by examining a number of aspects which he considers demonstrate the decline of United States (Hu, 2014). In making his point Hu, discusses the specific circumstances of America’s decline and China’s rise. In his explanation, Hu concentrations on five main areas of scrutiny: GDP, manufacturing output, exports, human capital and national strength (Hu, 2014). While Hu’s analysis of the U.S. seems reasonable enough, the truth is that there is no proof to substantiate an inevitable and permanent American ...

“All forms of culture are of equal value.” My stand on this proposition is that, “Cultures are not of equal value.”
In 1871, Anthropologist Edward B. Tylor in his book entitled “Primitive Culture,” he first used the word culture. He defined culture as an intricate whole that includes belief, knowledge, morals, customs, law, and capabilities or habits, acquired by human being as a member of the society . The definition itself is partly a statement implying that cultures are not of equal value since it emphasized that within the complex whole it composed of different principles or natural laws. In addition, ...

Political Science

Introduction
How does the commercial peace theory, in the long run, attempt to avoid wars and not create them? In order to understand, or answer this question, scholarly articles written by McMillan’s (1997) Interdependence and Conflict; Buzan’s (1984) Economic Structure and International Security; Lynn’s (2005/6) War, Trade and Utopia; and Rowe’s (2005) The Tragedy of liberalism How globalization Cause the First World War are considered.
The world witnessed two major World Wars, during, and after which, a number of countries came together to form unions and blocs. The Soviet Bloc was an amalgamation of ...

Introduction.

The attempts to make marijuana legal began in the early 1970’s with a push on political, economic and social factors (Gupta, 2013). There has been incongruence between the public’s understanding of the drug and scientific knowledge. Most users and non-users refer to their experiences with the drug rather than its scientific and economic implication. Just like any other drug, some marijuana users stop after trying it once or twice while others become addicted (Ford, 1997). Statistics from NACADA indicate that at least two out of ten people who try marijuana become addicted, and develop dependence that produces cravings. ...

China has long been hailed as the next rising superpower in the world economy. With such a large population and a booming business in cheap exports, there is no question that the Chinese will be an economic force to be reckoned with in the future. However, China’s sudden and explosive rise into economic power did not come without its problems. Economic growth in China is valued above nearly all else in the country today, and as a result, the country is facing severe economic and environmental consequences.
With the increase in lending in China comes the increase in business. Because ...

Immigration has long been a part of history since the early century as the early civilizations learnt of each other, fostering camaraderie and partnership between nations to improve the country. Many stories of immigration are detailed throughout history, especially those who immigrated due to wars and discrimination in their home lands. Through the years, immigration became a part of each nation, whether for the better or for the worst. According to the Swiss Federal Department of Justice and Police, immigrants or migrants tend to move and live far away from their native countries due to the following reasons: poor living conditions ...

An efficient transportation system can be compared to the circulation system in human beings. Both are important aspects of human life. Transportation routes just like arteries and veins are the life lines of economies. The economic growth is directly proportional to efficiency of its transportation infrastructure. Many local governments are creating ambitious plans to improve, maintain and expand their transportation infrastructure. In the process, some have overestimated the benefits of such projects causing huge expenses to tax payers without comparable benefits.

The purpose of this paper will be to look at the viability of the Metropolitan Transportation Plan 2035 ...

Business Cycles

Generally a business cycle is defined as a cycle consisting of a period of declining aggregate economic activity that is followed by a period of rising economic activity. The low point of the contraction is called the trough and the high point of the expansion is called the peak.
According to Macroeconomic Schools of Thought; “a macroeconomic model that focuses on real, rather than monetary, causes of the business cycle”.

However a renowned website describes business cycle as;

“The term business cycle (or economic cycle) refers to economy-wide fluctuations in production or economic activity over several months or years. These fluctuations occur around a long-term growth trend, and typically involve shifts over ...

Milton Friedman believes that in a free society we must not forget that there are two types of freedom and they should not be confused. The proper role of the government is to consider these two ways of understanding freedom - which are freedom from coercion and freedom of ‘free of cost’- and help individuals reach their objectives, interfering with each other as minimum as possible. The government should create opportunities to help people achieve their goals, knowing of course that there is no absolute freedom in society. It is important to notice that for Friedman, the society ...

China and Russia are two significant members of the group known as the BRICs. The other members are India, Brazil and South Africa. While China seeks to use its economic influence in buying world power, Russia seeks to regain its lost political influence by challenging the United States and Western Europe. This paper seeks to examine and explore China’s use of economic incentives in the form of cheap loans to gain influence in Sub-Saharan Africa. It also examines Russia’s constant antagonism with the United States and its allies in Eastern Europe and the Middle East. The argument ...

The increase in taxes to those wealthy Americans will have a statistical impact on the growth of the economy and to its driving factors including the savings, investments, labor supply and the productivity growth. Having high taxes on the wealthy helps in financing more in investments that are found in different fields including those investments in the education, scientific research and infrastructure of which are critical to the growth of the economic prospects especially those in the middle class. It is possible because the high taxes on the wealthy leaves the country with much to spend on other main ...

In today’s world, one of the biggest industries in existence is tourism. This industry is a major contributor of revenues to the country that has the tourist attraction. This industry is said to generate a lot of revenue in a country and also contribute to lessening the effects of unemployment. In developing nations, like those of Asia and Africa, tourism plays a very important role in national and regional growth. Therefore, many efforts from the government and the private sector are ensuring that this industry thrives because of its benefits. Nonetheless, the various developments made and benefits mentioned ...

U.S. involvement in Africa in general, Ghana in particular, has shown ebbs and flows according to a broad range of factors including, most notably, political stability, economic growth and safety measures. Probably, Obama's much hyped visit to Ghana in 2009 is an indication of U.S.-Africa's dynamic relation which has historically been centered on aid. Ghana, a West African country, has witnessed a steady economic growth over recent years and, by virtue of her political stability achieved via fair and free elections, has managed to be home of a growing number of U.S. businesses. Departing from an aid-centered model of U.S.-Africa ...

In this 21st century, the population of the world is progressing rapidly with the strength of democracy. Everybody gets equal opportunity to become successful, which is free enterprise. Technology and science is a back support for education. Several people in this world need education. This has to be supported by the government where people live.
Unequal availability of education to people will create problems because the uneducated are unable to gain like the educated. To solve problems happening due to uneducation, the government has to spend lot of time and money.

The money and time spent to solve problems ...

Issues of Vietnam – Single Party System

Issues of Vietnam – Single Party System
Throughout the history, political regimes underwent a transformation. In the present era, states are inclined to give preference to democracy since monarch system has been outdated. However, the political legitimacy of different states remains controversial. Vietnam’s political regime remains to be a controversial issue in the international politics. Since 2008-2009, Vietnam’s political legitimacy has emerged one party state.
Political legitimate preference of Vietnam is under conflict because of interests and preferences of the locals that vehave created the political unrest. The present argument paper aims to analyze issues of Vietnam’s ...

‘Warfare state’ or ‘welfare state’: which better describes the British State in the 20th century?

Great Britain has been a witness to many conflicts that had led to a shift in international and regional politics, triggering the onset of policies and programs directed to either war or welfare. As a veteran of the Great Wars and one of the world’s influential hegemons, Britain had succumbed to both victory and immense loss especially in economic and social development. With the trauma caused by the Great Wars to the nation, the British government alongside the monarchy had revised its programs to revive the once dominant British state towards the 20th century. However, experts have argued as to what ...

Right to quality and affordable healthcare remains a fundamental human right that is envisioned in the American Constitution and entitled to all American citizens. The federal government has the moral and legal duty to provide quality and affordable healthcare services for its citizens through the enactment of effective legislations, which initiate major reforms in the healthcare docket and promote provision of universal healthcare (Glied 62). In the last few years, the federal government has strived to reform the healthcare sector and address some of major challenges facing the healthcare sector. One of the challenges is reducing the number of citizens ...

According to Howard (1), the majority of the European colonial economies in America from the sixteenth all the way to the nineteenth century were reliant on the African slaves for the supply of labor in favor of their continued existence. In the United States, throughout the colonial period, tobacco was the leading slave-manufactured product. Concentrated in Maryland and Virginia, the tobacco plantations made use of the biggest percentage of Africans slaves brought into the United States before the American Revolution.
During the pre-Civil War in the United States, a stronger argument can be made that slavery played a vital role ...

Chinese Politics - Will China's Rise to Economic Global Dominance be Peaceful?

Introduction
Political stability correlates with the economic development in the country. In most cases, the countries that have high levels of development economically experience challenges in terms of political stability. China is a rising economic hub not only in Europe but also in the world as a whole. The developments in China have taken storm over the world as all the sectors have risen to compete at the world’s highest economic level. However, China will sustain the economic growth and maintain peace in the country at the same time. This paper argues on the possibility of challenges in maintaining ...

Introduction

One of the basic structures of human existence in the world is a family. The family is a major body that brings together several avenues of human interaction, growth, and development. Any society exists because of family structures that bring people of common grounds under one dimension and vision of life. On the other hand, an extension of the family can be taken in a replicated government. The government acts as a larger structure that holds different people within a geographical and philosophical setting. Therefore, it is certain that the government is the building block to the existence and functionalism of any society, small ...

Bavaria is one the largest state in Germany with its capital at Munich. Bavaria forms one of the most interesting places to explore in Germany. Additionally, Bavaria has the largest population of individuals. On the other hand, people have shifted in order to find a place in Bavaria. However, due to the high population experienced in the region, there are many social problems which accrue. Moreover, the state is endowed with a lot of unique features, which lie, in the pleasing topographic environment of Germany.
Bavaria constitutes one of the major states in Germany with numerous developments and vibrant economic ...

Should Prostitution Be Legalized

Introduction
Prostitution refers to the act of having sexual intercourse or other sexual acts for monetary compensation. For Prostitution is one of the oldest profession with records showing that it began in the ancient Samaria (now Iraq) where maidens made sexual favors in the temples as offerings to gratify the gods. It was later transformed from a sacrament to business in the ancient Greece and this gave women an opportunity to gain status and power. Currently, prostitution takes two forms; prostitution in the streets and prostitution in the brothels. The legalization of prostitution is a controversial subject that creates a great ...

Introduction

Wetland conservation is a procedure that aims at preserving and protecting certain areas where there is existence of water or near the surfaces of the earth including the bogs, swamps and the marshes. Six percent of the earth is at least covered by wetlands and they have become a very significant issue for conservation due to the beneficial provision of ecosystem services. About a half of the population on earth (more than 3 billion people) acquire the basic water services from inland wetlands with freshwater. Those are the same number of individuals who rely on staple foods such as rice which is a ...

In a recent report by the World Business Council for Sustainable Development (WBCSD), the current trends of urbanization and rate of consumption is increasing at an alarming rate that has the entire world worried . Currently more than half of the world population resides in urban areas. This form of settlement has is set to increases along with the world population as it slowly and surely nears the 8 billion mark. Countries such as India, China, Brazil and the rest of the Asian ‘tiger’ economies are the front of the statistics . The west and other developed nations are also facing business ...

Introduction

The combined Gross Domestic Product (GDP) for China, Japan, Korea, Taiwan, Hong Kong and rose to $15.8trillion in 2008(International Monetary Fund estimates) which is impressive when compared to the G.D.Ps of U.S.A and Canada ($ 15.5trillion) and Europe ($ 14.8trillion). This spontaneous exponential growth can be attributed to population dynamics (nearly two third of the world’s population resides in Asia), economic markets and or/socio-political conditions (a fusion of capitalism and socialism/communism) and the work ethic of these Asian cultures among. This paper shall ascertain the role of each of these three major factors in the increased economic growth rate in ...