Economic Development Research Paper Example | Topics and Well Written Essays - 3750 words

Economic Development - Research Paper Example Notably, it has also been demonstrated in certain other areas relating to business activities such as trade, manufacturing and other business operations. In this context, industrializations, economic policies and export activities among others are considered to be the most important factors for the all-round development of a country. Human capital is also considered to be an important aspect which assists in the development of economies by a considerable level (Khan, Zhang, Hashmi and Bashir, â€Å"Cultural Values and Economic Growth in Asia: An Empirical Analysis†). Economic development in the Asian countries can be recognized by taking into concern certain valuable aspects like trade activities and better investment opportunities among others. In the worldwide context, Asia has been viewed to be the fast growing or developing economy and is recognized to be one of the leading financial centers throughout the globe. The financial advancement of Asia can be noted in the develo pment of its various nations like Japan, China, South Korea, India and Association of Southeast Asian Nations (ASEAN) countries. The economic conditions of these Asian countries have been viewed to be developing in a continuous manner (Ishido, â€Å"East Asia’s Economic Development cum Trade â€Å"Divergence†Ã¢â‚¬ ). It has been apparently observed that there laid certain imperative factors which are held responsible for the economic development of the aforementioned Asian countries in the 21st century. In this regard, the factors comprise adoption as well as implementation of pioneering technological advancements, globalization of world economy, diverse trade activities and enhanced policies linked with financial development. Moreover, another important factor that contributes in developing the financial position of the different Asian countries is the role played by the government in the respective nations. The governments belonging to different nations of Asia int roduced as well as implemented various favorable economic and political policies that eventually resulted in raising the standards of the financial position of the Asian countries by a greater extent. Besides, the policies that formed as well as executed by the government belonging to different nations of Asia have improved business as well as human welfare activities resulting in better economic development. Apart from the aforementioned factors, the financial development of

Political Topic Essay Example | Topics and Well Written Essays - 1000 words

Political Topic - Essay Example Of interesting note, of those that found the crisis to be the most sever of their lfietime, the youngest group, 18-35, had the smallest percentage, 33%, compared to the over 55 age group, 42%, many of whom would have been alive during the Great Depression. Even though this group is the youngest and has the least amount of time in which to compare different crises, this smaller percentage could be in part due to the crisis affecting the financial and housing markets more, of which this younger group would be less likely to feel the effects of, as opposed to the direct effect of the price of filling up one’s tank with gas. Older Americans with assets, including owning their own house and such, would probably feel the anxiety of the financial sector being in peril. The poll found that 78% of those polled favored that some sort of government intervention be taken. Of those, 22% favored the plan that was proposed by President Bush, and 56% favored a plan different from the Bush proposal. Of those polled, only 11% favored that no action be taken at all, with another 11% having no opinion. A telephone survey was performed for this poll. There was a margin of error of plus of minus 3%. In the first set of questions asked, the poll asked what specific plan of action would they like to see done. Also, it should be noted that this poll was taken before high-intensity negotiations took place in Congress. The poll attempted to also find out to the degree at which people were following the story in the news. 80% of people were either watching the news very closely or somewhat closely, and this statistics ranked in the highest tiers as far as percentages of people following a new story. The poll also asked what the outcome would be if no action was taken by Congress, and the resounding answer was that 74% of people felt that the situation would get worse. Some of the questions tended to be