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    6 Political Economy

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    UNIT 6 POLITICAL DEVELOPMENT ECONOMY OF Structure 6.1 Introduction 6.2 The Global Divide 6.3 Poverty of Income Comparisons 6.4 Global Social Reality: Essentials of Maldevelopment 6.5 Agenda of the Political Economy of Development 6.6 Some Important Aspects of the Political Economy: Theories of Development 6.7 Capital Accumulation: Role and Limitations 6.8 International Capital Flows 6.9 Role of the State 6.10 The Counter Revolution in Development Economics: The LPG Package

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    Shift of Political Power

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    Throughout time‚ foreign affairs throughout the world have been the stage for many great conflicts. Most recently‚ in the twentieth and twenty-first centuries‚ we have seen a great shift of power. Politically‚ economically‚ and religiously these shifts have created great conflicts. From both World Wars‚ to the Cold War‚ to now the wars in Afghanistan and Iraq‚ the world has undergone changes and these conflicts have adjusted more than just borders‚ rather than our outlook on our world in which

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    system. We begin by customarily separating American political history into three periods using changes in party names as the basis of division. According to this scheme‚ there have been three great party alignments since the formation of the Constitution: Federalist versus Republican/Democrats Whigs against the Democrats 1830-1856‚ and Republicans against Democrats 1856-present.But because of Hamilton’s financial plan it helped cement the two political party system that is a part of American politics

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    Political Parties in India

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    The Indian National Congress (Hindi: भारतीय राष्ट्रीय कांग्रेस) (also known as the Congress‚ and abbreviated INC) is a major political party in India. It is the largest and oldest democratic political party in the world.[1][2][3] Founded in 1885 by Allan Octavian Hume‚ Dadabhai Naoroji‚ Dinshaw Wacha‚ Womesh Chandra Bonnerjee‚ Surendranath Banerjee‚ Monomohun Ghose‚ Mahadev Govind Ranade[4] and William Wedderburn‚ the Indian National Congress became the leader of the Indian Independence Movement

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    Political Economy Economics‚ in its most general sense‚ is the science of scarcity. It deals with the allocation and distribution of limited resources to the economic elements concerned. The distribution of these resources is however a complex process involving supply and demand. The trade of goods and services is manifest in the market. Thus‚ the market is an essential part of the society. The society can hardly function without a market where the demands of the people‚ from the most basic necessities

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    Injustice Social injustice does not only effect the life of a common man but also jeopardize national machinery. Unfortunately‚ Islamic Republic of Pakistan stands on the top of those countries where social injustice prevails at every level of the society. Citizens of Pakistan are unaware of social justice concept and its effects on society. Pakistan’s civil and military rulers and elite class have been plundering this country since independence. They have always been claiming that they are

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    Political economy of China

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    Political Economy of East Asia China’s sustained industrialization and urbanization over the next 20 years will lead to enormous demand for resources and energy. Exploring the major winners and losers. Table of Content 1. Abstract………………………………………………………………………………………………………………………………………3 2. Countries and industries that gain from China’s rise…..………………………………………………………………3 2.1 Countries that benefit……………………………………………………………………………………………………………3 2.2 Australia and Brazil………………………………………………………………………………………………………………

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    Assessing Political Risk

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    Assessing Political Risk April 25‚ 2011 Assessing Political Risk Dorchester‚ Inc. is a U.S. based conglomerate that would like to break into the international consumer electronic business. Eun and Resnick stated that “the scope of business activities has become highly international.” (p. 151) There are several factors that could have a crucial impact on any international business; however‚ the one that will be addressed in this paper is the political risk of investing internationally. Eun

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    have access and opportunity to public office and service. One of the problem of our political system is the political dynasty. The existence of political dynasties in democratic cultures‚ particularly in a fortifying democracy‚ has inspired debate among scholars‚ policymakers and activists that are pro-democratic. In many instances‚ scholars‚ politicians‚ activists‚ and experts in politics have indicated that political dynasty is a falling block to a strong democracy‚ which is a destruction to the quality

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    Political Machines Impact

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    was the Impact of Political Machines on Society? In the late 18th and early 19th century‚ a massive growth in american cities need for a stable government caused the development of what is now called a political machine. The impact of political machines caused a negative influence politically and socially. Cities in the 19th century were defectively arranged in the public’s worst interest. The poor arrangement of government was in result of migration from rural areas (“Political Bosses”). The massive

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