the differences and similarities between South Africa and China regarding the structure of electrical distribution on both countries‚ hence concluding by recommending the country that uses a convenient method for distributing electricity within its premises. The research will be conducted through the use of different resources for guidance and extracting facts that will be supporting the argument while comparing the situation of China with that of South Africa. Electricity has become a very useful resource
Premium China People's Republic of China International trade
Introduction to Tourism Destination Planning & Development Tourism provides a major economic development opportunity for many countries and a means of improving the livelihoods of its residents. Both the public and private sectors involved in tourism depend on planning to achieve sustainable tourism development that respects the local community‚ creates appropriate employment‚ maintains the natural environment‚ and delivers a quality visitor experience. Tourism destinations that pursue development without
Premium Tourism Malaysia Pahang
ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT In contemporary times‚ certain economic registers are used frequently. Arguably two of these most used terms in economics‚ ‘economic growth’ and ‘economic development’ are terms that just about everyone is at least remotely familiar with‚ even if they have not studied economics at all. Sometimes it seems everyone knows what economic growth and economic development is. Politicians use these terms all the time‚ and so do teachers‚ managers and even preachers
Free Gross domestic product Economics
The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
Premium Economic development Purchasing power parity Economics
Evaluate the opportunities and threats in the external environment facing the car industry in the UK There are many factors that affect the UK car industry. Some are internal factors and controlled by the manufacturer‚ others are external and cannot be controlled. Some external factors pose threats to the car industry and others present opportunities for manufacturers to adapt their cars to overcome a threat and create a unique solution that encourages the consumer to buy their product. The income
Premium Renault Opel General Motors
for recent changes in patterns of World development. In the 1970’s Africa seemed poised to take off developmentally speaking while S.America and especially Asia were seen with extreme pessimism. Since then patterns have been reversed; Asia led by economies such as India have introduced new nomenclature such as newly and recently industrialising countries while S. America has followed close behind. Today it is Africa or more precisely Sub-Saharran Africa which has stagnated developmentally or
Premium Management Strategic management Organization
Implications of “South Asia Free Trade Agreement” (SAFTA) in Economic Development 1. Introduction Regional (or Free) Trade Agreements (RTA/FTA) are an attempt to achieve economic gains from the free flow of trade and investment between neighbouring countries. RTAs can lead to increased protection for exporters and reduced protection for importers. Reduced protection can lead to trade creation while enhanced protection increases trade diversion (Grossman and Helpman 1995). Trade diversion can
Premium International trade World Trade Organization
7 Day Creation “You will never find time for anything. If you want time‚ you must make it‚” an aphorism that has been a great influence in my life. I mean‚ what is time? Time is a non-spatial continuum in which events occur in apparently irreversible succession from the past through the present to the future. To me‚ time is just a pigment of one’s imagination‚ and that travelling back and forward through it is all a matter of splitting the space-time continuum‚ and creating a portal or vortex
Premium Universe General relativity Time
Global development is entering a phase where entrepreneurship will increasingly play a more important role. There are at least three reasons for this‚ each particular to certain types of countries. Firstly‚ in the West‚ the managed economy of the 1970s-2000s‚ characterized by reliance on big business and mass production‚ has given way to a so-called entrepreneurial economy. Here knowledge-driven goods and services are now more flexibly provided by smaller firms‚ and the emergence of a creative class
Premium Economics Economic growth Economic development
If Africa is to be successful in competing in the international tourism market‚ standards of excellence must be introduced. In order for Africa to facilitate progress in implementing good tourism development there are key issues facing the continent that need to be addressed. These issues are; Comprehensive government policies for tourism‚ Public health and safety‚ Capacity building‚ Infrastructure‚ Environmental mitigation and protection. State capacity-building is a critical aspect of
Premium Tourism