economic development

Describe the Various Features of Foreign Trade and Investment in Africa

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Foreign trade and investment play a crucial role in Africa’s economic growth and development. Africa is rich in natural resources, including oil, gold, diamonds, and agricultural products, making it an attractive destination for foreign investors and global trade partners. Over the years, Africa has developed strong trade relationships with countries like China, the United States, […]

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Latin American Experience Shows That Political Democracy and Economic Development Reinforce Each Other. Discuss.

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Introduction The relationship between political democracy and economic development has been a central issue in Latin America’s history. The region has experienced cycles of dictatorship and democracy, along with economic booms and crises. While democracy allows for greater citizen participation, transparency, and accountability, economic development provides stability, resources, and opportunities for a better quality of

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Compare and Contrast the Urban Formal and Informal Sectors of the Indian Economy

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Compare and Contrast the Urban Formal and Informal Sectors of the Indian Economy The urban economy in India is characterized by a dual structure comprising the formal and informal sector. Both sectors play critical roles in urban economic development, providing employment and contributing to the country’s GDP. However, they differ significantly in terms of regulation,

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What do you understand by ‘human development’? How does it differ from economic development. (500 words)

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Programme Code: MSOCourse Code: MSO-003Assignment Code: MSO-003/AST/TMA/2024-25 Human development and economic development are both important concepts in understanding societal progress, but they focus on different aspects of development. Human Development Human development is a broad concept that focuses on improving people’s overall well-being and enhancing their capabilities and freedoms. It goes beyond economic indicators to

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Explain India’s major concerns in South Asia. (500 words)

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India’s concerns in South Asia are shaped by its geographical location, historical ties, and strategic interests in the region. South Asia is a crucial part of India’s immediate neighborhood, and stability and cooperation in this region are central to India’s foreign policy. Here are some of India’s major concerns in South Asia: 1. Security and

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