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Economic Development

Capitalism, Economic Inequality, Economic System, Euro, Gold, Keynesian Economics, Macroeconomics, Microeconomics, Supply and Demand, Consumerism, Income Inequality, Materialism, Nafta, Industrialization.

National Strategy To Secure Cyberspace

Cyberspace can be described as the digital ecosystem between interconnected devices and ICT systems. The maintenance and management of cyberspace aids in the social, political and economical development of a country. This brings rise for the importance of cyber-security, to protect data on ICT systems or that uploaded onto the internet. With newer technology, online … Read more

Tags Cyber Security, Economic Development, Economics, Science, Technology

What is economic growth

The question is whether economic growth is the same as economic development. I am going to make fair points about them and decide whether they are the same. Economic growth refers to the rise in the value of everything produced in the economy. It implies the yearly increase in the country’s GDP or GNP, in … Read more

Tags Economic Development, Economic Growth, Economics, Economy, Government

What are ‘institutional voids’ and how do they affect the economic development

To understand what an institutional void is, we must first understand what an institution is. An institution is an organisation which sets the ‘rules of the game’. In the context of a nation, there are two categories of institutions; formal and informal. Informal institutions tend to focus on general social and psychological norms whereas formal … Read more

Tags Economic Development, Economics

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