...Chapters 1-3 Quiz 1.Which group of people living in LDCs have the greater amount poverty, and fewer resources and opportunities. Urban derllers Military Rural Folks Factory Workers 2. According to Handelmann, an underdeveloped country must become a substantive democracy for it to make progress in development. True False 3. The HDI (Human Development Index) is a measure of which of the following? A country's potential for providing its citizens with personal growth, learning, and productivity A country's ability to provide clean water and sanitary conditions. A composite measure of literacy, health, and schooling rates. A composite measure of literacy rates and income. (Pg.8) None of the above. 4. A country is considered underdeveloped/third world/developing if it has a low ranking in which of the following areas? Political development Social Development Economic Development All of the above Economic Development Only 5. Which of the main world religions has the most influence on politics and therefore, development? Islam Buddhism Hinduism Fundamentalism Catholicism 6. According to your textbook, what was the reason that a revolution occurred in Iran in the 1970s A group like Al-Queda terrorized the Shah and killed him and instated Shariah law. The religious leader Khomeini led a resistance to secular modernization and the imposition of foreign powers in Iran's domestic matters. The Iranians revolted in order to instate a democracy. The...
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...19.3 Poverty A large section of the Indian society is suffering from poverty. Poverty is a phenomenonSocial Problem :: 201 which is objective as well a subjective. Objectively poverty implies a dehumanizing condition in which people are unable to look after the basic needs. Subjectively poverty stands for perceived deprivation. As such it is relative and any body can feel poor by comparing himself as herself with a rich person. Poor people lack the necessary resources and capacity to satisfy basic needs like food, shelter, health and education. They live under difficult conditions which are not conducive for development of their human potential. As you have learned earlier in the lesson 10 and 11 that for healthy human development a child needs environmental support for survival and development. Poverty interferes with development in many ways. For instance lack of or inadequate nutrition arrests mental development during early childhood. The unavailability of stimulating environment and absence of effective role models decreases the motivation level. A large section of poor children do not go to school. Even if they go they become drop outs and fail to complete education Gender Discrimination Women and men are equally important for the growth and development of individual and social lives. The women play the important role as mother and the same makes it unique. However, careful analysis of Indian society indicates that the situation is not good for women folk...
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...Chapter 12: Power Violence, & Crime Thomas Hobbes’ theory on state? Believed that society must establish a powerful “Leviathan”—the state –in order to curb the savage instincts of human beings. Negative view of human nature. A nature that must be controlled by the state if anarchy is to be prevented. The difference between assassination and murder? Assassination is the murder of a prominent person or political figure by a surprise attack, usually for payment or political reasons. Murder: The unlawful killing of one human by another, especially with premeditated malice. The difference between serious crimes and misdemeanors, and provide some examples? Serious crimes are committed and reported to police per one hundred thousand people –murder and nonnegligent manslaughter, forcible rape, robbery, aggravated assault, burglary, larceny, and etc. Prison time with serious crimes. Misdemeanors are f you have been charged with a misdemeanor, you will have been given a citation prepared by a police officer, or a complaint prepared by a prosecutor. The citation or complaint includes a short statement of the offense with which you are charged, and states whether the offense is an infraction, a misdemeanor, or a felony. Jail with misdemeanors. Describe the Federal policy on war on drugs? Federal antidrug policy should be normal “unbold” can be divided into three categories: interdiction, enforcement, and education. Describe three requirements for crime deterrence? If law...
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...into the world capitalist system. 4) Developed world is responsible for the underdevelopment of third world 5) It is the integration with the world capitalist economy that makes these countries poor. 6) Marxist theory can help us to understand this process of underdevelopment Here, three theories are introduced under theories of underdevelopment. Dependency theory (Gunder Frank) 1966 The most interesting aspect of this theory is that it is a view from the periphery. Major argument of dependency theory Underdevelopment is a historical process; not a condition intrinsic to LDCs The dominant and the dependent countries form into a world capitalist system. Underdevelopment is caused by the functioning of this world capitalist system Development somewhere requires underdevelopment somewhere else (deve. and under development is two sides of the same coin “Development of underdevelopment” thesis. Condition of LDCs is not an issue of lacking internal dynamics (inertia, climate, misfortune etc,) but it is a reflection of the way they are incorporated into the world capitalist system Prepared by Dr. Nalani Hennayake, Department of Geography, University of Peradeniya October, 2010 Town and Country Planning Moratuwa University Introduction to Political Economy Semester 3 Level 200 This incorporation formed: a metropolis (core) -Satellite (periphery) relationship This relationship occurs at different scales This relationship is one of favoring the higher level of the chain. The reason...
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...MAKING VISION 2021 A REALITY: GLOBALIZATION AND REGIONAL COOPERATION CHALLENGES FOR BANGLADESH Course Name : International Economics SUBMITTED BY: Muhammad Jahangir Alam ID:40814010 14TH Batch MBA (Marketing), University of Dhaka. Date of Submission: 28.12.2010 Introduction Born from the great Liberation War of 1971, Bangladesh is a non-communal, progressive, democratic state that has worked to establish an economy and society free of inequality, and to nurture a culture of democracy and respect for human rights for all fostered by patriotism in all areas of social existence. Along with a tolerant democracy, the aspiration is for a more caring society based on a system of values rooted in the culture and traditions of Bangladesh. The country’s value system will develop as it progresses, and the values will translate from collective to individual perspectives creating a collective drive to work together towards national development. Bangladesh’s heritage, rich in content and diversity, shall have a place in our present and be the anchor for the country’s ambitions. Globalization in the broadest sense implies integration of economies and societies across the globe through the flow of technology, trade and capital. Economic globalization is a process of rapid economic integration between countries that is driven by the increasing liberalization of international trade and foreign direct investment...
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...Proceedings No. 21 Of the Agricultural Policy Forum on Social Market Economy In the Context of National & International Challenges Prepared by Mrs. Nawal Nehme Info-Com Division Held in Damascus on 13 April 2006 With the support of Table of Contents Introduction ...................................................................................................................................... 3 Synthesis of The Presentation .......................................................................................................... 3 Summary of Discussion ...................................................................................................................12 Annex (1) List of Participants .......................................................................................................... 15 Annex (2) Slides of The Presentation ..............................................................................................18 Proceedings No. 21– Social Economy Market 1 2 Proceedings No. 21 – Social Economy Market Introduction The workshop “the Social Market Economy in the Context of National & International Challenges” was the first activity of the 2006 Agricultural Policy Forum series organized by the National Agricultural Policy Center (NAPC) with the support of the FAO Project GCP/SYR/006/ITA. Dr Isam El-Zaim, Director General of The Arab Center for Strategic Studies and Head of the Syrian Economic Scientific Association, presented...
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...EC2B02U DEVELOPMENT AND ENVIRONMENTAL ECONOMICS 1. a) b) c) What is a paradigm? It is a diagram of development. It is the way development takes place. It is a thinking model providing a holistic picture of a process involving a network of interrelationships. 2. a) b) c) Paradigm thinking is necessary to avoid dealing with isolated factors of development help analyzing cause and effect of phenomena identify urgent action 3. Economic growth is not a sufficient condition of development, because a) it does not help poverty reduction b) a country must also have an educated workforce c) there are several other aspects of development 4. a) b) c) Economic growth is pivotal, because it is easier to achieve than the other aspects of development it has a symbiotic link with the other aspects of development it helps generate savings for investment 5. a) b) c) GDP is not a sufficient indicator of development because, some economic activities are left out of the calculation large countries have bigger GDP it does not reflect how income is distributed 6. a) b) c) GDP per capita is a useful indicator because, it helps inter country comparison of living standards it helps to understand what each individual earns in a country it is a better indicator than total GDP 7. a) b) c) To make GDP per capita internationally comparable, they must be calculated in US$ they should be calculated in the strongest international currency ...
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...Contents Executive Summary: ..................................................................................................................................... 3 . Chapter: 1...................................................................................................................................................... 4 1.0 Introduction: ................................................................................................................................. 4 1.2 History of RMG Sector in Bangladesh: ................................................................................................ 4 1.3 Objective of Study: .............................................................................................................................. 6 1.4 Methodology: ...................................................................................................................................... 6 1.4 Limitations of the study: ..................................................................................................................... 7 CHAPTER 2: ................................................................................................................................................... 8 2.0 AN OVERVIEW OF RGM .......................................................................................................................... 8 . 2.1 Ready Made Garments Export Condition in brief: ................................................
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...sourcing advantages, or gain flexibility in the sourcing of products • Gain access to lower-cost or better-value factors of production • Develop economies of scale in sourcing, production, marketing, and R&D • Confront international competitors more effectively or thwart the growth of competition in the home market • Invest in a potentially rewarding relationships with foreign partners 2. Describe the five drivers of globalization? Explain in detail with reference to BRIC Countries. • Worldwide reduction of barriers to trade and investment. • Transaction to market-based economies and adoption of free trade in China, former Soviet Union countries, and elsewhere. • Industrialization, economic development, and modernization. • Integration of world financial markets. • Advances in technology. The BRIC countries are made up of Brazil, Russia, India and China - although if we were to categorize them by importance, it would actually be CIRB. The BRIC are both the fastest growing and largest emerging markets economies. They account for almost three billion people, or just under half of the total population of the world. In recent times, the BRIC have also contributed to the majority of world GDP growth. According to various economists projections, it is only a matter of time before China becomes the biggest economy in the world - sometime between 2030 and 2050 seems the consensus. In fact, Goldman Sachs believe that by 2050 these will be the most...
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...| | | | | | | | An Analytical Study on the branding image of Bangladesh in the International Market Introduction Bangladesh is in South Asia sometimes converging with Southeast Asia, bordering the Bay of Bengal to the south, mostly surrounded by India and bordering Myanmar in the southeast. Bangladesh is a country bestowed with the gifts of nature. It has nurtured some of the most ancient civilizations of this continent. The young country came into existence after a blood-spattered liberation war in 1971. But the pace of growth and development has been impeded by many factors. Bangladesh, as a Least Developing Country (LDC), faces a reputation challenge which is popularly known as its image problem. Bangladesh has gained the image of a country with too many people, too much poverty, too little resources, too frequent disasters and too little ability to change for better. Recently poor law and order, Rana Plaza Collapse, bad investment climate, political chaos and Islamic terrorism have killed its image more. To remove all the negative aspects and image surrounding Bangladesh and to make it as a beautiful and prospective country it is highly recommended to branding Bangladesh. But where do we stand? What is Nation Branding? Before digging deep into the issue, let’s look at what is nation branding. Nation branding aims to measure build and manage the reputation of countries (closely related to place branding). Some approaches applied, such as an increasing...
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...Thoughts on Economics Vol. 20, No. 02 Privatization in Bangladesh: Problems and Prospects Muhammad Ruhul Amin( Showkat Ara Khanam(( Abstract: Privatization has been advocated in the development literatures as the gateway of the growth and development of the countries all around the world. Despite the phenomenal expansion of privatization programs, the results differed from country to country. Some could achieve the desired goals and some failed enormously. However, the World Bank and the IMF continued their campaign of privatization for less developed countries (LDCs) including Bangladesh to stimulate their growth and development. Some LDCs have adopted privatization programs of their own volition. The central theme of this paper is to examine the implications of privatization for the overall development of Bangladesh. The paper raises a number of issues in this regard. The issues involve meaning, significance, approaches, strategies and effectiveness of privatization. While seeking solutions to these issues, the problems inherent in policy formulation and its implementation strategies have been clearly spelled out in the paper. The authors suggest that in order to make privatization efforts a success, an indigenously designed pragmatic policy needs to be undertaken. They warn that the policy prescriptions of external sources including donor agencies, pressure groups and political lobbyists should be handled with great care and caution. 1. Introduction ...
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...BUS530 MACROECONOMICS ECONOMIC GROWTH & POVERTY REDUCTION IN BANGLADESH Prepared by Aadil Choudhury 112 0322 660 Section 1 INTRODUCTION The relationship between economic growth and poverty reduction is not always automatic. To achieve poverty reduction, robust economic growth is necessary but not sufficient. The financial allocation and source of finance play a crucial role in implementing the development endeavor and achieving macroeconomic objectives like growth, employment, and price stability. Investing in some sectors of the economy may contribute to rapid economic growth while others may contribute to poverty reduction. Again there are some sectors which may contribute to achieving both growth and poverty reduction. BANGLADESH’S CHALLENGES IN ECONOMIC GROWTH & POVERTY REDUCTION Bangladesh has had some success in attaining economic growth and reducing poverty. But many more challenges lie ahead of us which we must face to eradicate poverty and move towards a poverty-free Bangladesh. Challenge of better monetary management The country has opted for following a selective credit control measures with expansionary credit policy to essential sectors and contractionary policies to luxury items. It has been following 'free-float currency' policy which appears to be a mere luxury with both export and import sectors of the country suffering from structural rigidities. Free float of Bangladesh currency along with erosion of dollar vis-a-vis other currencies...
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...DEPARTMENT OF AGRICULTURAL AND RESOURCE ECONOMICS AND POLICY DIVISION OF AGRICULTURAL AND NATURAL RESOURCES UNIVERSITY OF CALIFORNIA AT BERKELEY Working Paper No. 887 FALLACIES IN DEVELOPMENT THEORY AND THEIR IMPLICATIONS FOR POLICY by Irma Adelman Copyright © 1999 by Irma Adelman. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. California Agricultural Experiment Station Giannini Foundation of Agricultural Economics May, 1999 FALLACIES IN DEVELOPMENT THEORY AND THEIR IMPLICATIONS FOR POLICY. by Irma Adelman I. Introduction No area of economics has experienced as many abrupt changes in leading paradigm during the post Word War II era as has economic development. Since economic development is a policy science, the twists and turns in development economics have had profound implications for development policy. Specifically, the dominant development model has determined policy prescriptions concerning the desirable: role of government in the economy; its degree of interventionism; the form interventionism; and the nature of government-market interactions. Changes in both theory and policy prescriptions arise mainly from the following five sources: First, there is learning. As our empirical and theoretical knowledge-base enlarges, new theoretical propositions, or new evidence concerning either resounding real-world successes...
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...Nongovernmental Organizations This week we are focusing in on non-governmental organizations (NGOs). Back in week 1, I provided this definition for them: “International (transnational) organizations with private memberships” (Rourke and Boyer 2010, G–8). A good example of an NGO is Amnesty International. The topics I’ve picked out for this week are: human rights, the environment and third world development. I want to showcase them here because NGOs are heavily involved in these international topics, but that isn’t to say that states and IGOs aren’t also heavily involved. They are! The article from Steinberg on NGOs in the Arab-Israeli Conflict in the reading this week demonstrates this very well. I recommend keeping the form in the week 2 lesson notes on hand when you read that article so you can keep straight the actors, their identities, their purposes (e.g. realist or liberalist) and the levels of analysis they impact the most. If you aren’t familiar with the conflict, I recommend checking out this fabulous interactive by CFR on the Israeli-Palestinian Conflict, which is a subset of the wider Arab-Israeli Conflict. On a side note, the Israeli-Palestinian Conflict is my favorite example of why constructivism is so important in IR. It is shortsighted to advance a way forward to end the conflict without first understanding the identities of the actors involved and their unique history with each other. The things to remember about NGOs are that they are involved in every major...
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...Revised and Final Draft January 2015 Not to be quoted Strategy for Export Diversification 2015-2020 Breaking into new markets with new products Dr. Zaidi Sattar Policy Research Institute of Bangladesh Prepared as a Background paper for the Seventh Five Year Plan 1 Table of Contents List of Tables .............................................................................................................................ii List of Figures ...........................................................................................................................ii List of Boxes .............................................................................................................................iii Acronyms .................................................................................................................................. iv I. INTRODUCTION ................................................................................................................ 1 II. CHALLENGE OF EXPORT DIVERSIFICATION ....................................................... 1 III. EXPORT PERFORMANCE AND PROGRESS OR LACK IN DIVERSIFICATION .................................................................................................... 3 Exploiting Non-traditional Markets for Exports ............................................................................... 14 IV. INTERNATIONAL EXPERIENCE AND LESSONS LEARNT ............................... 18 V. CONSTRAINTS TO EXPORT DIVERSIFICATION...
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