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The Effects Of Fdi And Aid On Development In Latin America, Jesse Michael Mezera
The Effects Of Fdi And Aid On Development In Latin America, Jesse Michael Mezera
Undergraduate Student Scholarship – History
This paper, assuming a positive correlation between aid and FDI given to countries, will look to measure whether the aid given to Latin America has been effective in creating development. In order to measure development, development must first be defined in a way that will allow for concrete indicators of development. Using these seven criteria as a guide this paper will look to use data collected by studies of Latin America in these seven areas to gain a measure of how development has progressed over the last fifteen years. Once this information has been compiled, it will be compared against …
Africa's Economic Resurgence: Is It Possible?, Alka Jauhari
Africa's Economic Resurgence: Is It Possible?, Alka Jauhari
Political Science & Global Affairs Faculty Publications
Economic theory suggests that inequality between nations is caused by a failure to strike an optimal balance between capital, goods, and labor within a framework of appropriate rules and regulations. This leads to misallocation of a nation's resources - both capital and physical - resulting in distorted use and flow of capital and goods. Politics, regulation and policy-making lie at the heart of such "distortions" which come at a huge cost to societies. Due to these distorted flows, Africa was left behind in the race for economic development, as compared to the other regions of the world. Such distortions have …