“Crises in Economies and Possible Remedies by Way of Comparison with Successful Economies”
Journal Title: International Journal of Business and Management Invention - Year 2019, Vol 8, Issue 1
Abstract
The following paper examines and analyses the reasons behind economic crises among select 4 Economies. The paper focuses on Venezuela, which holds the world’s largest oil reserves, yet has the highest inflation rate in the 21st century and Pakistan which has alarmingly been a reason for caution as an unstable nuclear state whose economic failures might see control of nuclear assets pass over to radical hardliners. To provide a contrast, the China and Weimar Republic (Germany) have been examined, as these economies were devastated in early to mid-20th century. However, today they are the world’s second and fourth largest economies respectively. What led to this dramatic revival? Is it possible to duplicate those factors to revive Venezuela and Pakistan? The main parameters used include inflation for Venezuela and Weimar Republic, and external debt for Pakistan, which is much interwoven with China’s success story. The paper assumes a condition of ceteris paribus.
Authors and Affiliations
Arijit Ghosh, Angus Fernandes
Keywords
Related Articles
- EP ID EP441148
- DOI -
- Views 133
- Downloads 0
The Transformation of Family’s Socio-Economic to the Diversity of Agribusiness-based Food Consumption Pattern
Food quality determinants are the diversity (diversification) of food type, nutrition balance, and food safety. It is believed that the nutrient imbalances due to the lack of food consumption diversity will have an impac...
Analisis Perbandinganmodul Jembatan Gelagar Idan Gelagar Box Baja Sebagai Fungsi Jembatan Jalan Raya
Bridges are part of transportation infrastructures that serve as a road link that is interrupted by obstacles (rivers, lakes, seas, valleys, other transportation infrastructure) that pass not a plot such as roads, railro...
Comparative Study of How the Quality of University Education Influence On Labour Market in Sri Lanka
The objectives guiding the analysis of literature are to; understand the relationship between quality of university education and labour market performance; university education and capacity of employees; university educ...
Mutual Benefits in Internal Audit and Risk Management
Using a literature reviews' conclusion for the past studies done between 2003 till 2015, on internal audit activity and risk management, this paper explored the mutual relationship benefits between the internal audit act...
Identifying Market Segments andTargets forMarketing Strategy Plan ofCoca-Cola Company inMalaysia
TheCoca Cola Company is basically the world wide largest marketer, manufacturer and distributor of non-alcoholic beverages. As the competition is very much strong of soft drinks in the market sector it is emergent for co...