Essays on Economic Stagnation

The 16th century exploits of Christopher Columbus and his men did not only bring about social, cultural and political clashes that created the United States, it also led to the process that resulted in the emergence of the state of Mexico. Mexico is an enigma of a country to the south of the United States border whose recent political, economic and social transformations have been overshadowed by its complex relations with the more prosperous United States. This country profile seeks to examine the history and current state of Mexico. It also explores and analyzes political culture, geography, demography, political ...

The world over, countries look forward and tirelessly work toward improving their economies. A growth in the economy signifies an improvement in the standards of living improved gross domestic product (GDP). In the last three decades, the Middle East has generally experienced tremendous growth in their GDP and with specific emphasis to Japan and China which have grown to be global economic powerhouses (Otsuka, 2011). However, a down spiral has been experienced as regards to the rate of economic growth in the past two decades as a result of economic stagnation experienced by Japan since the burst of the asset price ...

The cold war came to an end in 1989 because of several reasons. The cold war had lasted almost four decades and its effects had been felt worldwide, most notably the alignment of many world countries to either the capitalists or the socialist blocks. The main rivals in the cold war, the United States and the Soviet Union had engaged in this war of ideology for so long that many world countries in Europe had been divided between these two blocks. The worst affected nation was Germany, which had ended up being split into two nations because of the ...