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We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
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The recurrence of economic crises serves to illustrate the limits of neoclassical economics and the contemporary established models. Modern-day economic developments are highly influenced by the theory of complexity. In terms of thermodynamics, the inputs of the process consists in economically...
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Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by sustained export price increases (trading gains) rather...
Persistent link: https://www.econbiz.de/10009385839
Foreign direct investment has assumed importance in the policy space of the developing countries in their effort to speed up the tempo of economic development. Various aspects of foreign direct investment (FDI) are being investigated in the literature so as to facilitate the decision taking...
Persistent link: https://www.econbiz.de/10009353065
The paper is primarily structured in four sections. Section 2 deals with the four-stage reform process of infusion of Foreign Direct Investment in China. It provides an indepth understanding of how China moved from a controlled economy to a more open market economy. Section 3 discusses the...
Persistent link: https://www.econbiz.de/10010670114
China is poised to become a major player in world markets in a variety of industries. The government has recently designated the automobile industry as one of the pillars for its economic growth and development. This paper examines the auto industry as it has developed and its potential within...
Persistent link: https://www.econbiz.de/10010670122
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