10 Facets of Developing Economy
The term developing economy is used to refer to countries such as India, Pakistan and Bangladesh, which are economically backward as compared...
Growth of Chinese Manufacturing Sector
China is making much growth in the economic sphere. In the Third World, China is expected to stand tall in the coming future. It...
Will China and India prove better than the West?
The world economic growth is no doubt a lopsided affair. The Western countries have been dominating the world economy. The developing countries such as...
Recession – A Lesson to be Learnt
The global economy is just recovering from recession. It was a tough year indeed. Many lost their jobs and were virtually thrown on the...
Can poverty be eradicated completely?
The world is not all that perfect. Economic disparities exist among nations. Many countries are poor. People are living in abject poverty. Countries like...
10 Reasons why some Nations are Rich
Wealth in the world is not equally distributed. Some nations are very rich whereas others are very poor. The Western nations such as the...
Why International Trade? – Advantage and Disadvantage
Countries cannot live in isolation. They have to mutually share their prosperity, technical know-how and undertake trade in order to sell their surplus products....
Top 5 ways for an Utopian one World
The world's wealth and natural resource are not equitably distributed in the sense some countries are rich whereas some are poor. True, each country...
Bird’s Eye View of the World Economy in Present Times
The status of world economies varies from country to country. Rich nations normally enjoy a flourishing economy whereas poorer nations have to survive trying...
Poverty – A Curse
Poverty is curse as far as developing and underdeveloped countries are concerned. Developed countries such as US are not faced with poverty as their...