University of tilburg | Oil consumption in less developed countries | Empirical study on oil consumption in less developed countries | Abstract: This paper investigates the relation between GDP and oil consumption in a sample of 71 LDC’s. Two outlier countries with a deviating rate of oil consumption are found. Equatorial Guinea has relatively low oil consumption‚ while The Seychelles has relatively high oil consumption‚ in relation to their GDP. After that possible factors that might affect
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Global Brands and Labour in Developing Countries Topic: Grounded Theory Study of Unethical Labour Practices Associated with Global Brands in Developing Countries (2006‚ 2845 words‚ 80%) Abstract This is a grounded theory study about unethical labour practices associated with global brands ’ operations in developing countries. The research paper develops a substantive theory or at least a set of propositions explaining the wider contextual underpinnings of unethical labour practices deriving
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of the model (Efendioglu‚ Yip‚ & Murray‚ University of San Francisco‚ 2009). However‚ these factors will create a difference in the acceptance of electronic commerce in the developing countries‚ which depends on the cultural‚ infrastructure‚ and socioeconomic. Depending on different regions in the developing world‚ they have various models to discover the electronic commerce diffusion (Zwass‚ 1999).E-payment systems comes under the services and some of these services are securing messages
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financial system and economy differs significantly across different countries. Although there is no consensus regarding the prospects of China’s future economic growth‚ a prevailing view on China’s financial system speculates that it is one of the weakest links in the economy and it will hamper future economic growth. A comprehensive examination of all aspects of China’s financial system‚ and extensive comparisons with other countries where data is available are provided below. We also discuss briefly
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Brain Drain on Developing Countries Brain drain‚ which is the action of having highly skilled and educated people leaving their country to work abroad‚ has become one of the developing countries concern. Brain drain is also referred to as human capital flight. More and more third world science and technology educated people are heading for more prosperous countries seeking higher wages and better working conditions. This has of course serious concequences on the sending countries. While many people
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many poor people in undeveloped countries are suffering from hunger and various epidemics by the television and the Internet. The first general response in developed countries to this is to feel pity for them and great sadness. And some people in developed countries sometimes say‚ “We have a responsibility to help suffering people in undeveloped countries. Let’s give the money to charity for poor people in undeveloped countries!!” However‚ do people in developed countries really have a responsibility
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economic growth of the UK and developing economies using GDP as a measure One problem with comparing the economics growth of the UK and developing economies using GDP‚ is that GDP is not an accurate measure of the output of an economy because of the black economy. This means that certain pieces of data are not included in the calculation of GDP‚ therefore undervaluing the real output. Secondly GDP cannot be an accurate measure of the entire economic growth of a country. Factors such as education and
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How Globalization Affects Developed Countries The phenomenon of globalization began in a primitive form when humans first settled into different areas of the world; however‚ it has shown a rather steady and rapid progress in the recent times and has become an international dynamic which‚ due to technological advancements‚ has increased in speed and scale‚ so that countries in all five continents have been affected and engaged. What Is Globalization? Globalization is defined as a process which‚ based
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The Causes of the Gap Between Developed and Undeveloped Countries Yusuf Enes Fırat 010130552 The size of the gap between developed and undeveloped countries is one of the greatest problems world is facing today. But what is the term of “gap” in this statement? In fact‚ there are lots of criterions determine the gap‚ it is hard to explain it with one definition. We live in
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Globalization: Opportunities and Challenges In Developing Countries Globalization is defined as the trend of the world economy toward becoming a more independent system. There are numerous factors that US financial institutions find lucrative about globalization‚ and foreign investments now contribute to a staggering 15% of our GDP. Within the past decade‚ the economic outlook in Africa has taken a major turn for the better. A result of the increased economic momentum has been the interest of foreign
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