International Business – Essay Questions 1. Gini Coefficient: The gini index is a measure of statistical dispersion‚ a measure of the inequality of a distribution‚ 0 being total equality and a value of 1 maximal inequality. It is most commonly used in economics to assess the inequality of wealth or income‚ but is also used in other fields such as health‚ science‚ ecology‚ chemistry and engineering. Gini coefficients range from 0.23 (Sweden) to 0.70 (Namibia)‚ but not every country has been assessed
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Why is income inequality an important issue for the Chinese society and its future economic growth? Introduction Nowadays‚ China has become the second largest economy in the world. The GDP (gross domestic product) of china was growing at 9.7% per year in average since 1978‚ which the year of Chinese “open door” politic founded. China also has become the biggest producer and consumer in many key agricultural and industrial markets and the largest FDI recipient among the developing countries. The
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Zealand inequality. The Gini Coefficient‚ a standard measure of income inequality that ranges from zero (everyone has identical incomes) to 1 (all incomes goes to only one person) rose by 4% in New Zealland along with 16 of the 22 OECD countries from mid 1990 to the late 2000’s from the average of 0.29‚ from 0.27 to 0.34 for New Zealand.1 This means that inequality has increased in the country moving the Lorenz curve for New Zealand outward into a greater curve. The curve shows that a greater percentage
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income inequality. The labour market is “a market in which wages‚ salaries and conditions of employment are determined in the context of the supply and demand for labour.” (Bannock‚ G Et.al 2003) This disparity in income can be seen from the Gini coefficient‚ which is a widely used measure of inequality‚ at an all-time high in recent years‚ with a significant increase since 1980. This trend is unlikely to reverse especially as income inequality had not decrease during the previous Labour government
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1. Proprietary income refers to: A. revenue flowing to the government from taxes. B. money borrowed by the government to finance its operations. C. revenue generated by government-run businesses. D. transfer payments from the government to the owners of property resources. 2. The addition of government to the circular-flow model illustrates that government: A. purchases resources in the resource market. B. provides services to businesses and households. C. purchases goods in the product market
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Global Business Environment Issues: Economic and Socio-economic Factors Table of Contents ACKNOWLEDGEMENT 2 EXECUTIVE SUMMARY 4 GLOBAL BUSINESS ENVIRONMENT FORCES 5 ECONOMIC AND SOCIO-ECONOMIC FORCES 7 LEVELS OF ECONOMIC DEVELOPMENT 9 ECONOMIC DIMENSIONS 13 SOCIO-ECONOMIC DIMENSIONS 22 CONCLUSION 24 BIBLIOGRAPHY 25 EXECUTIVE SUMMARY This report analyzes the practical implication and analysis of some of the important aspects of Organizational
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9. Emerging economies: when giants slow down. The Economist. 2013 July 27 Global Health. 2013;9(15). PMID: 23327564 12. Reidpath DD‚ Allotey P health. J Epidemiol Community Health. 2003;57(5):344–6. doi: http://dx.doi. 14. Milanovic BL. All the Ginis dataset (updated June 2013) [Internet]. and 2009: a systematic analysis. Lancet. 2010;376(9745):959–74. doi: http:// dx.doi.org/10.1016/S0140-6736(10)61257-3 PMID: 20851260 Disability-adjusted life years (DALYs) for 291 diseases and injuries in 21
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SADC‚ EU and Mercosur to determine if NEG can explain the past industry migration. The study conducts an investigation on the distribution of the manufacturing industry in the SADC from 1980 up until 2005 using the Locational Gini Coefficient. The resulting Gini coefficients are compared to their counterparts from other regional blocs‚ such as the European Union (EU) and the Southern common market (Mercosur) The study shows that the manufactures industry within the EU and SADC increased its level
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POVERTY‚ INEQUALITY‚ AND CRIME "Poverty is the normal condition of man" (Robert Heinlein) Poverty‚ or stratification by social class‚ was the first sociological variable ever looked into as a possible cause of crime. Some sociologists would say religion was the first sociological variable‚ but the field of criminology claims a slightly different heritage. There are two reasons why social class and poverty came to be of particular interest: (1) it was an enduring social problem in all societies
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Determinants of the Level of Imports Across Countries Presented to: Prof. Angela D. Nalica School of Statistics Faculty University of the Philippines‚ Diliman In Partial Fulfillment of the Requirements of Statistics 136: Regression Analysis Presented by: Mary Ann A. Boter Michael Daniel C. Lucagbo Krystalyn Candy C. Mago April 9‚ 2009 Abstract The level of a country’s imports measures its participation and competitiveness in the international market. As such‚ it
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