‘The global economy has moved on from the Asian Tigers; the present and the future of the global economy now lie elsewhere.’ To what extent do you agree with this statement? (40 marks) The Asian Tigers‚ consisting of Hong Kong‚ South Korea‚ Singapore and Taiwan‚ were the second group of countries to develop after World War II‚ with the first being Japan. The Asian Tigers were able to develop due to a combination of comparative advantages‚ including partially existing developed levels of infrastructure
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trafficking a national security threat in early 1988. The United Nations estimate that 70% of the drugs flowing into the United States comes directly from Mexican drug trafficking cartels. Mexican cartels rely heavily on bribes and corruption as a means to infiltrate the Mexican political system. To the Mexican cartels‚ bribes and corruption is viewed as nothing more than‚ "the cost of doing business". A study by the National Autonomous University in Mexico City found that cocaine traffickers spend
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of cocaine. Drug cartels have taken advantage of this location and control many different areas in Mexico. In Mexico the most powerful Cartels are based in the north. The reason for this is to establish control over points of entry to the United States‚ which as I have stated above is the world’s largest cocaine consumer. The most disturbing action of the cartels in recent history is their recruitment of youth. The new recruitment is a reaction to the arrests and killing of cartel members by Mexican
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“needs”. A Mexican Cartel is a criminal organization developed with the main purpose of promoting and controlling drug trafficking operations both interstate and intrastate. They range from loosely managed business agreements among various drug traffickers to formal commercial enterprises. The main Mexican Cartels consist of the Sinaloa‚ Gulf‚ La Familia‚ Tijuana‚ Beltran‚ and Juarez cartels. These cartels cover the majority of the territory in Mexico. There are two main cartels that control most
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Maladaptive resource management in prior and present societies The situation with the Vikings on Greenland gives a good example of this. Trading walrus ivory with Europeans was an important part of the Economy. The iron was important for the Vikings in fighting against the Inuit people. The Europeans essentially started to trade for elephant ivory instead. There were good growing conditions in some western parts of Greenland in the summers and they lived off animal products‚ i.e. pastoralists. During
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Practice exercise: Supply‚ demand and market equilibrium The World Market for Crude Oil: Is the Era of Cheap Oil Over? Written by Daniel Fernández-Kranz* Last updated April‚ 2013 * The material used in this exercise comes mainly from the document on the market for crude oil from the Research Department of ‘La Caixa’‚ September 2008: Oil-thirsty emerging economies. The Price of oil has experienced a sharp increase since 2000. Many have warned that the era of cheap oil is over and that this can
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Venezuela situation “Hugo Chavez was the elected strongman of Venezuela who took office in 1999 and remained there until his death from cancer in 2013. Hugo Chavez was the son of schoolteachers‚ and he graduated from the Venezuelan Academy of Military Sciences in 1975. An engaging speaker and charismatic personality‚ he was elected to the presidency as a leftist reformer and modern-day Simón Bolívar. (His reforms were called the "Bolivarian Revolution.") After taking office on 2 February 1999‚ he
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our nation to now. The overall purpose of this paper is to cover over the gang activity in society‚ what it has done in the big picture of our culture‚ and how gangs have affected how we live our lives today. This paper will be covering from the Cartels‚ street gangs‚ Klu Klux Klan‚ biker gangs‚ the mafia‚ and even the gangs during the Prohibition and what is still active today to when it happened back then. All of these gang have a unique and strong way they present themselves in each individual
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Collusive and Non-Collusive Oligopoly What is an oligopoly? An oligopoly is a market dominated by a few producers . An oligopoly is an industry where there is a high level of market concentration. Examples of markets that can be described as oligopolies include the markets for petrol in the UK‚ soft drinks producers and the major high street banks. Another example is the global market for sports footwear – 60% of which is held by Nike a nd Adidas. However‚ oligopoly is best defined by the
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slice of the cake A giant’s first steps Founded in 1888 in South Africa by Cecil Rhodes‚ De Beers quickly obtained a dominant position in the world diamond market. In just a few years‚ DeBeers became the leading company of an international cartel‚ mostly thanks to Ernest Oppenheimer and its heirs. “Common sense tells us that the only way to increase the value of diamonds is to make them scarce‚ that is to reduce production” E. Oppenheimer The Diamond “Trilogy” for success There are 3 main
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