Brittney Little Mr. Rogan English 111 7 November 2013 Honduras: The Murder Capital of the World In Honduras over 60% of the population live in poverty. It is one of the poorest countries in the American continent (“This is Honduras”). This economic stagnation has had far-reaching effects on the Honduran population, from poor education, healthcare, and joblessness to increased theft, and more severe criminal acts such as illegal drug trade, sexual assault, human trafficking, and murder. The impacts of foreign mission activity are noticeable and much needed, but they alone are not enough to change the direction of the Honduran economic and social situation. Sporadic foreign aid also does little to help Honduras on the scale necessary to
The capital city is Yamoussoukro. Economy Ivory Coast is heavily dependent on agriculture and related activities, which engage roughly 70% of the population. Ivory Coast is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil. Since the end of the civil war in 2003, political turmoil has continued to damage the economy, resulting in the loss of foreign investment and slow economic growth. GDP grew by more than 2% in 2008 and around 4% per year in 2009-10.
Case study analysis foreign direct investment and Ireland’s tiger economy Intrduction Ireland was Europe’s most backward agricultural country in the 1980s, “The Economist” called Ireland “European beggars” in 1988. However, the economy in Irish rapid rise at an alarming rate as it joined EU and euro area since 1990s, as well as the low tax rate into long mode. Ireland’s GDP per capita up to $ 60,000 in 2007, it was the second highest country in EU and the fifth in the world. The miracle of Ireland successful economic transformation in a short period of time has been seen as “Celtic Tiger”. In 2000, the construction industry and the financial industry became Ireland’s main driving force of economic growth; therefore, it leaded to the housing market bubble.
Despite decades of internal conflict and drug related security challenges.” (CIA.gov/Colombia). The results have been positive with fair elections, protection for the people, and a strong government. Colombia’s economy face the highest unemployment rate in Latin America statistically reported by cia.org, at 10.3% in 2012. Colombia's economic policies involving the free trade agreements make it easy for Ravi and Keith to have flow of goods imported and exported. “Economic development is stymied by inadequate infrastructure, weakened further by recent flooding.” (cia.gov/Colombia).
The economy is considered to be very unstable at the current time, and it is the duty of the United States government to do everything in their power to once again stabilize the once booming economy for the sake of the entire country and its citizens. Current Unemployment Rate Currently unemployment rates in the United Sates are a less than desirable 7.9%. Although, this number has decreased by 2.1% from its peak in recent years, it is still believed that there is a long way to go. Prior to the recession unemployment rates fluctuated between 4% and 6% (www.bls.gov, 2012). This increase in the unemployment rate is having considerable impacts on the economy.
From unemployment and homelessness to the horror of living life just to attempt to meet basic survival needs, the Depression marks the worst economic times in the history of the United States. The farming culture of America was decimated, but out of these hardships emerged some positive effects. The government helped create a welfare state that took an intense interest in the well-beings of its citizens and passed the Social Security Act. Another positive effect surfacing from the Great Depression was the more equal spreading of economic wealth.. There was also a smaller gap between the wealth of all social classes.
Greenspan kept lowering interest rates through 1992 and the changes in GDP from quarter to quarter started to increase in Q2 of 1991. However the impacts to the economy had already taken hold and unemployment was at 7% by 1992. Low consumer confidence levels caused consumer spending to significantly decrease during the recession. The Fed took action by continuing to reduce interest rates. The election of the new democratic administration also increased consumer confidence and eventually consumer spending started to increase over
c. severe cutbacks in the size of the federal government. d. a taxpayer revolt. e. a growing reliance on overseas trade to sustain the American economy. 3. The poor economic performance of the 1970s brought an abrupt end to a. American reliance on Middle Eastern oil.
Although the British economy can be seen to have grown throughout the period to some extent in relative terms it was actually in decline. Even within the first 13 years of the period Britain's share in world trade fell 15% and the economies or Japan and Germany in particular began to outstrip the nation massively. Arguably Britain did have a chance to change this with the creation of the EEC in the 1950s but failure to embrace this initially meant that the European nations steamed ahead in their economic growth and Britain would never quite catch up. The weak nature of the economy can too be seen in the 1970s when it really was at its lowest seen in the humiliation of the 1976 IMF loan and the later Winter of Discontent. The latter decade could arguably show the greatest economic situation in that Blair experienced continuos growth but still looking at Britain today it never develop dot compete with the ever growing markets
The 1920’s were known as a period of prosperity for the American nation. Unfortunately, the good fortune did not last. Following this age of success was a period in time considered the lowest point in American history known as the Great Depression. It was a stage in which many Americans were unemployed, homeless and starving. It brought devastation to the United States’ economy, as well as actual “depression” to the American public.