Japan achieved sustained growth in per capita income between the 1880s and 1970 through industrialization. Moving along an income growth trajectory through expansion of manufacturing is hardly unique. Indeed Western Europe‚ Canada‚ Australia and the United States all attained high levels of income per capita by shifting from agrarian-based production to manufacturing and technologically sophisticated service sector activity. Still‚ there are four distinctive features of Japan ’s development through
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Chinese Economic Growth 1‚ Explain what is meant by Economic Growth and what this means for Chinese Productive Capacity. Economic Growth can simply be defined as the growth in the productive potential of the economy over a given period of time. It is typically measured by growth in the real GDP. Economies are constantly changing over time for a variety of reasons. Part of the change involves fluctuations in the productive capacity‚ the ability to produce goods and services. Increases in
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Discuss the causes and effects of Economic Growth Economic Growth Before discussing the causes and effects of economic growth‚ I will define what economic growth actually is and distinguish between the two types of growth in the economy; actual and potential. On the whole‚ economic growth may be defined as ‘a long-run increase in an economy’s productive capacity and trend output’. The long-run output growth trend an economy achieves is indicated by the path of trend Gross Domestic Profit
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Economic growth The effect of corruption on economic growth has been extensively researched in the last two decades. While not denying that corruption may have played a positive role at particular times in specific countries‚ it leads to lower growth‚ hampering both private and productive government spending in investments and inhibiting the efficiency of public services. Corruption can also affect the growth rate through distortions in tax collection‚ the level of public expenditure and the composition
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Strategy of MBA programme in Hong Kong 1. Research Background 2. Research Approach 3. Data Analysis 4. Promotion strategy 5. Recommendation 6. Limitation of the research Attact The objective of this essay is find out a method to better promote the MBA program in Hong Kong. The research based on the online questionnaire‚ and then the research method will be used including Descriptive Statistics‚ Cross tabulation Analysis. The survey is conducted in Hong Kong.100 samples were collected
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contributing to global warming. Moreover‚ especially in overpopulated Hong Kong‚ the high density of private cars causes massive traffic jams and accidents. Therefore‚ the environment would be better off if private cars were banned in Hong Kong. It would not only reduce the effect of global warming‚ but also decrease the risk of disastrous accidents. Therefore‚ I strongly believe that all private cars should be banned in Hong Kong for the benefit of our polluted society. Hospital deaths due to respiratory
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|P1-P3 | |Process of fieldtrip | | |Research methods | | |Sound and Body about Uncles of Victoria Park and Brothers of
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What are the characteristics of common law system? Do you think this legal system is good enough to protect the rights of individuals and organizations? Common law‚ system of law that prevails in England and in countries colonized by England. The name is derived from the medieval theory that the law administered by the king’s courts represented the common custom of the realm‚ as opposed to the custom of local jurisdiction that was applied in local or manorial courts. In its early development
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HTM 4105 Contemporary Tourism Issues Topic: TOWARDS SUSTAINABLE TOURISM – KEY PROBLEMS AND ISSUES FACING HONG KONG Introduction Unquestionably‚ Hong Kong is a blessed land where possesses prosperity and most of the elements of being a world class cosmopolitan which has successfully attracted visitors over years‚ especially from the mainland by emphasising our world-class shopping‚ dining and other urban attractions (Lam‚ H.‚ 2004). Despite the flourishing scene of the tourism industry‚ the
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“Discuss the Causes and Effects of Economic Growth” Economic Growth is where goods and services maximise in value over a period of time. This is measured by Real Gross Domestic Product (GDP) which is defined as “The total market value of all final goods and services produced in a country….equal to the total consumer‚ investment‚ and government spending‚ plus the value of exports minus the value of imports.”(www.Investorwords.com) In turn this is measured by the level of aggregate demand in the
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