Different Types of Unemployment

Causes of Unemployment including frictional, structural, geographical and classical unemployment. Explanation of each type of unemployment

Why Revitalizing Urban Slums of the World will Not Work!

For those who get a chance in their lives to visit emerging nation's urban slums it is an experience that they never forget. Most everyone who visits them feels a great deal of empathy, even the most hardcore individuals. One cannot help but think something must be done, even take up the cause themselves to push awareness, motivate volunteers, influence political will or devout their lives to aiding the sick, weak and poor.

Is Mankind Outgrowing the Price System?

Some people have noted, even economists that the Price System, that we use in human societies and civilizations is outdated and unworkable. They cite the disparity between rich and poor and all the poverty in the world. To a degree one would have to admit upon thinking about it, that it is not the most perfect system, as it often rewards certain types of behavior which undermines the whole (the rest of the population) for the betterment of a few?

Ruined Rural Economy India - Metal Or Stomach Part 5

The article debates about the various pros and cons of last three anti-farmer budgets and its effect on common man. The various factors which ruined farming sector are analyzed. It discusses the need of debt economy for students, farmers and other common man. It suggests various measures to prevent further retardation of agro sector.

Free Trade Agreement (FTA) Fair Enough?

This year is laced with an unusually large dose of irony. 2007 has been set up as a splendid celebration of half a century of nationhood and sovereignty, with Malaysia emerging as a successful, modern democracy that has succeeded in avoiding any encumbrances by over-dependence on other nations, especially those which wield considerable strategic strength. But it is also a year when this hard won independence is under jeopardy. Independence is not just freeing us from colonial masters. Independence is also about maintaining our sovereignty and being able to freely pursue policies without having to answer to another country. Simply put, independence must be safeguarded at all times so we can do what we want to do based on what we think is in our collective interests as Malaysians.

5 Economic Tests for Joining the Euro

Before deciding whether the UK should join the Euro the Chancellor, Gordon Brown drew up 5 economic tests which the UK must pass for the UK to join. The main principle behind these 5 economic tests was whether the UK would cope with a common monetary policy. The 5 tests are in some ways superfluous. The main test being is really whether the UK has a degree of economic harmonisation with the rest of Europe.

Worker Salary - In A Clothing Factory

Ever wonder how much the workers are getting paid in a clothing factory?

Can We Afford To Ignore China

As the world scrambles to lock in resources for its people's future and security can we afford to ignore the developing world and its economies?

DIBC Setbacks In Detroit And Windsor

Regulatory, legal and municipal actions affecting the Detroit International Bridge Company (DIBC) are summarized chronologically from news reports and official documents.

Connecting the Dots of the American Financial System - A Homespun View

Remember those activity books for children? They were mostly coloring books with additional pages thrown in; mazes, word games, puzzles, and of course, follow the dots. I always liked the numbered dots, since at the end I could see a picture. Sometimes the image was totally different than what I expected.

UK Olympic Challenges

The costs of hosting the Olympic games, awarded to individual cities nearly a decade before the actual event, are understandably hard to predict with precision. Looking to its 2012 Olympics, London is already alarmed at the staggering inflation of estimates costs, and, with the 2008 Olympics in Beijing in the very near future, many people are wondering if the emerging industrial giant will be as glad to have the air pollution that has accompanied its growth on worldwide display as is its stunning modernisation and new prosperity.

Enhancing Agricultural Productivity and Competitiveness

Promoting agricultural productivity and competitiveness. Investment in agriculture – fishing, forestry, irrigation and drainage, agricultural trade, and agribusiness – has increased significantly. Rural infrastructure, which is integrally linked to rural development, has received the largest amount of investment

Development Effectiveness

The international commitment to the Millennium Development Goals (MDGs) recognizes the need for scaling up the volume and quality of aid. This commitment, stemming from a global consensus reached at the 2002 UN Conference on Financing for Development in Monterrey, also calls for all development partners to share the responsibility of making aid more effective —and it calls for action on both sides of the aid relationship.