Is democracy a prerequisite for economic growth?


Answers

Answer 1

Answer:

The problematic debate of economic growth in the developing societies in 50s and 60s has been replaced by the aspiration of the new wave of democratization. Despite the dominant beliefs in the past decades, neither the achievement of political independence nor the practice of the market economy in these countries has resolved the problem of underdevelopment. Yet, many argue that democracy is a prerequisite of economic growth in these countries. Recent economic growths in a few authoritarian societies on one side, and the experiences of sustained democracy with below the average economic growth in other underdeveloped countries demonstrate that democracy alone is not the magic key to the long persisted underdevelopment. Democratization of society, however, through industrialization, economic growth, education, expansion of the middle class (not necessarily through a market economy) wo holds a demand for political participation, is a fundamental step toward a stable and authentic democracy. This can be achieved by the recognition of the new status of the developing societies as the potential competitors of the industrial world in the global market, and with the technical assistance and cooperation of the West.


Related Questions

If the monopolist faces a constant marginal cost of $5, how much output should the firm produce in order to equal marginal revenue with marginal cost

Answers

Answer:

7

Explanation:

Maybe

Research and find out about the changes in business sectors of Pakistan from 1947 to date. Give reasons for the changes you have identified. (10)

Answers

Answer:

Since Indian independence in 1947, the economy of Pakistan has emerged as a semi-industrialized one, the on textiles, agriculture, and food production, though recent years have seen a push towards technological diversification. ... Pakistan suffered its only economic decline in GDP between 1951 and 1952.

Please pick one of your favorite or least favorite brands and go to its website. Please evaluate the website according to 7 C's: context, content, community, customization, communication, connection, and commerce. Please summarize whether you consider the website effective/ineffective and what recommendations you would make to the brand in improving the website.

Answers

*insert smart answer*

The increase or decrease in owner's equity is reported on the
Question 9 options:

income statement.

statement of owner's equity.

balance sheet.

All of the above

Answers

Answer:

Statement of Owners' Equity

Explanation:

The Statement of Owners' Equity, also referred to as Statement of Stockholders' Equity, is a financial statement used to report the changes in the all of the equity accounts of a corporation. It also reports number of shares and any changes in a firm's preferred, common, and treasury stock that occurred during the year.

The Income Statement (also referred to as the Statement of Earnings) reports the net income or loss of a company for a specific period.  It only reflects revenues and expense accounts of the firm, and not the equity accounts.

The Balance Sheet (also referred to as the Statement of Financial Position) reflects the assets, liabilities, and stockholders' equity accounts of a company as of a specific date. The information contained in its "Stockholders' Equity" section comes from the Retained Earnings Statement. However, the Balance Sheet does not provide the changes in the equity accounts of a company.

Therefore, the correct answer is Statement of Owners' Equity.  

A firm has the following sales figures: Year 2011: $2.1 million. Year 2012: $2.3 million. Year 2013 $2.5 million. Year 2014 $2.2 million. Year 2015 $3.1 million. Using the naive approach, determine the forecast for next year's sales. A. $3.2 million. B. $3.1 million. C. $3.4 million. D. $2.5 million

Answers

Answer:

3.1 million

Explanation:

naive approach assumes that your projected data point is just your most recent one

because we have 3.1 million last year we assume that it's going to be that this year

One year​ ago, your company purchased a machine used in manufacturing for . You have learned that a new machine is available that offers many​ advantages; you can purchase it for today. It will be depreciated on a​ straight-line basis over ten​ years, after which it has no salvage value. You expect that the new machine will contribute EBITDA​ (earnings before​ interest, taxes,​ depreciation, and​ amortization) of per year for the next ten years. The current machine is expected to produce EBITDA of per year. The current machine is being depreciated on a​ straight-line basis over a useful life of 11​ years, after which it will have no salvage​ value, so depreciation expense for the current machine is per year. All other expenses of the two machines are identical. The market value today of the current machine is . Your​ company's tax rate is ​, and the opportunity cost of capital for this type of equipment is . Is it profitable to replace the​ year-old machine?

Answers

Answer:

Yes it would be profitable to replace a year old machine.

Explanation:

its always best to buy new things to replace others.

old things usually dont work correctly and could be out of date.

buying something new can reduce that probability of not working correctly

Suppose that Beltran Corporation uses all-equity financing and that Beltran’s market value in one year’s time will be either $100 million or $50 million depending on the success of new product innovations. Currently, investors view the outcomes equally likely, but Beltran’s CEO Kim Smith has information that success is virtually certain. Will leverage of $25 million make Smith’s claims credible? How about leverage of $55 million?

Answers

With a leverage of $25 or $55 million, the risk of failure is diversified among equity and debt holders. Financial leverage has its risks. It will impact success negatively if the debt leverage does not add more value.

However, if Beltran Corporation achieves success with the added leverage, the equity's returns will increase because of the increased volatility.

On the other hand, debt leverage increases the cost of capital when calculating the weighted average cost of capital. The increased cost of capital reduces the market value of equity.

Data and Calculations:

Expected market value of equity with product success = $100 million

Expected market value of equity without product success = $50

Probability of product success = 50%

Expected market value of equity with or without product success = $75 million ($100 x 50% + $50 x 50%)

Thus, the leverage of either $25 or $55 million does not drive successful outcomes unless success depends solely on more funding.

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In property and casualty insurance the combined ratio is equal to ______________________ divided by total premiums written. the sum of the loss ratio plus loss adjustment expenses

Answers

The formula for deriving the combined ratio is {(Sum of the loss ratio  + General expenses + broker's commissions) / Total premiums written].

In insurance, the combined ratio is used to measure the profitability of an insurance company in terms of its daily underwriting business.

The formula for deriving the combined ratio is {(Sum of the loss ratio  + General expenses + broker's commissions) / Total premiums written]

In conclusion, the combined ratio helps to evaluate the insurance company's profitability and financial health through measurement of its day-to-day performance.

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Which of the following statements pertain to a joint venture and not to a partnership business arrangement?

I.It has a limited purpose

II.It is a business relationship between several entities

III.Involves the sharing of gross returns rather than profits

IV.Each person or entity involved is liable only for an agreed-upon portion of the liabilities

V.Allows for the right of each person or entity involved to dispose of any interest in the property subject to the agreement

Review Later
I, III, IV and V only
II and III only
I, II, III, IV and V
I and II only

Answers

The statements that pertain to a joint venture and not to a partnership business arrangement are: I and II only.

A joint venture is a business arrangement that is entered into by two or more business entities who pool resources together to venture into a business where resources will be shared.

This is different from a partnership that involves two or more people who decide to run a combined business.

So, the major difference between these two is that joint ventures are mainly entered because of a particular project.

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Sarjit and Rhonda have both recently completed graduate level training in liberal arts programs. Although they studied in different fields, they are similar to each other in human capital value in the labor market. According to ________, this similarity defines Sarjit and Rhonda as belonging to the same economic class.

Answers

Economic classes refer to the position of people on the earning ladder. For Sarjit and Rhonda, the theory that classifies them into the same economic class is that of;

Karl Marx

According to Karl Marx, there are two economic classes, namely, the bourgeoisie and the proletariat. The bourgeoisie are the rich and working-class members of society while the proletariats are the workers.

Given this classification, Sarjit and Rhonda belong to the same economic class of workers.

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rong 200 từ hoặc ít hơn, hãy giải thích một trường hợp sử dụng phân tích lợi ích – chi phí để ra quyết định mà bạn quan sát được trong cuộc sống

Answers

say wHaT?! I don't know what that meanss

Being a single parent can be tough because
A.
You have twice the income and half the expenses.
B.
Changes in welfare laws increase the amount of time welfare will help the single parent.
C.
Taxes are much higher for single people than for those who are married.
D.
Working to support the family often means paying higher costs for child care.

Answers

Answer:

the answer is letter D

Explanation:

because as a single mother, you have to support your family, and needs to pay higher cost for your children.

The answer is letter D.

Consumer A consumes gasoline Rmb 200 yuan while consumer B purchases 20 liters of gasoline every time. What are the price elasticities of these two consumers?

Answers

The price elasticity of these two buyers is different because consumer A only has 200 yuan and buys as much gasoline as can be with that money, while consumer B needs 20 liters regardless of its price.

The price elasticity of demand is a term that refers to the change in the quantity demanded of a good when its price changes. According to the above, the elasticity of the consumer A does vary because he only has 200 yuan to buy gasoline, so if the value of gasoline increases, he will be able to buy less gasoline.

On the other hand, consumer B does not have much interest in the value of gasoline because he needs 20 liters, that is, if the value increases or decreases, he will continue to buy the 20 liters regardless of its value.

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explain two approaches that can be used to calculate GDP and explain why these Ovo approaches give the samw value to GDP​

Answers

Answer:

the value added approach the income approach the expenditures approach

Protectionism helps countries raise their standard of living.



true
false

Answers

Answer:

true

Explanation:

MAKE ME BRAINLIEST THAT'S THE CORRECT ANSWER I’M SMART:)

Bài tập: Cty cổ phần X hiện đang có 20tr cổ phần thường lưu hành, không có cổ phần ưu đãi. Cty có 100tr $ nợ dài hạn , ls 10%/năm, thuế suất 20%. Cty muốn huy động thêm 50tr $ để đầu tư thiết bị mở rộng kinh doanh . Theo tính toán khi thiết bị đưa vào hoạt động sẽ có hiệu quả, cty hi vọng tạo ra 200tr $ EBIT hằng năm, từ việc kết hợp các thiết bị cũ vs thiết bị mới lắp đặt. có 3 phương án sau đây để đưa ra xem xét - Phương án1: phát hành trái phiếu conpon với ls là 12%/ năm - Phương án 2 : phát hành cổ phần ưu đãi vói cổ tức 15% - Phương án 3: phát hành cổ phần thường vs giá 40 $ 1/cổ phần Yeu cầu: 1. Hãy phần tích xem cty nên chọn phương án nào, tại s 2. Phân tích ebit và vốn 3. Tính ROE chọn mỗi phương thức tài trợ

Answers

What are you trying to say

One of the major methods of problem solving used by economists is:
a. intuition
b. custom
c. holistic approach
d. the marginal approach

Answers

custom

In a simple answer, look at the study of economics, supply/demand, efficient pricing, lowering costs, etc. Now, take those into real world situations and APPLY the to solve the problems that every business has. The problem anyone dealing with economics, government, businesses, institutions have. Apply the economic theories, you will find that life in an office and the classroom can have different problems. Companies tend to be good at the very big stuff; raw materials, manufacturing, sales. Even there they can make improvements. But they spend a lot on transportation, communications, human resources. These things can be improved upon. Apply what you learned to real life problems and solve them.

What is the most financially dangerous way to pay for college?
Scholarships
Cash
Credit cards
Federal student loans

Answers

i would say credit cards

Answer:

The most financially dangerous way to pay for college is Federal student loans since they have a large return rate. They are going to have to be paid back and most of the time you will pay more trying to pay off the loan than paying for the college.

Explanation:

Which of the following statements is true about taxes?
A)Taxes pay for schools first responders and roads.
B)Taxes pay toll road fees and office buildings.
C)Taxes are only collected by the federal government.
D)Taxes are only collected by state governments.

Answers

The statement that is true about taxes is that A. Taxes pay for schools first responders and roads.

Taxes simply means the compulsory levies that are paid by individuals and firms to the government. The revenue gotten from taxes is vital for the development of an economy.

Tax revenues can be used in providing infrastructural facilities and pay for schools first responders and roads. First responders include police, firefighters, paramedics, etc.

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Answer:

Your answer is: A)Taxes pay for schools first responders and roads.

Explanation:

The Washington Post Company's ownership structure. They have two classes of stock, one of which has super voting, meaning one class of shareholders has more say than the other class. Do you think this is a smart structure? What are the advantages and disadvantages of this structure?​

Answers

I think two classes of stock is a smart structure.

Advantages of the two classes of stock

It protects the firm against a hostile takeoverIt gives management greater ability to make decisions.

Disadvantages of the two classes of stock

Ordinary shareholders have a limited ability to effect changes in the firm.

A dual share class structure is when there are two classes of stock: the owners and management have greater voting rights while the shareholders have a limited voting right. This structure prevents the firm against a hostile takeover.

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NEED GUIDANCE ON HOW TO DO THIS PLEASE
I need to prepare cash flow statement and financial performance statement. I have attended the photo​

Answers

Answer:

transport and travelling cost

how can we manage tour from Heathrow Airport to London?

Answers

Answer:

Heathrow Airport, originally called London Airport until 1966 and now known as London Heathrow, is a major international airport in London, England. With Gatwick, City, Luton, Stansted and Southend, it is one of six international airports serving the London region.

Explanation:

hope it's help

Compare your results to the industry ratios and describe what NMC should do to improve its position in the market.

Answers

Answer:

sorry need points ok.

Explanation:

sorry talaga ha

pero wag kayong magalit

ayaw kasukowag kang magalitnever angry

Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.

*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:

1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?

Answers

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

The volume of export activity in the world economy has increased as exporting has become easier, especially due to the gradual decline in trade barriers under the umbrella of GATT and now the WTO. Regional economic agreements such as the European Union and the North American Free Trade Agreement have also significantly increased export opportunities. Even though export activity in the world economy has increased, exporting remains a challenge for many firms. Smaller enterprises can find the process intimidating due to a host of issues ranging from mechanics of importing and exporting to dealing with countertrade. There are several promises and pitfalls to exporting. Read each statement to determine if it is true or false.

Answers

The statement that many novice exporters underestimate the time and expertise needed to cultivate business in foreign cultures is logically true.

From the complete question, it should be noted that exports account for a large percentage of the United States firm's sales.

Furthermore, large revenue and profit opportunities abound in foreign markets for most firms in most of the industries

In conclusion, many foreign customers do not require face-to-face negotiation when conducting business.

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what is 5 disadvantages of cryptocurrency?​

Answers

Answer:

What are the disadvantages of cryptocurrencies?

Unregulated Markets: Firstly, the biggest advantage of cryptocurrencies is that they can function without the existence of a central bank that coordinates their activities. However, this is also the biggest disadvantage of these investments. Firstly, since there is no central bank or exchange which mediates all transactions, most of them are irreversible. Secondly, since there is no centralized party or government which enforces its value. The value of the coin is purely determined by the value which peers investors place on it. Hence, if the investing community were to lose interest in a particular cryptocurrency because of a security incident, the units of that currency could become worthless overnight!

Volatile: Cryptocurrencies have still come a long way as compared to the past. However, they are still a very nascent technology. This means that the markets are still extremely volatile. It is common for cryptocurrencies to double in value in a matter of months. It is also common for cryptocurrencies to halve in value within the same period of time. Hence, for the moment cryptocurrencies are used by investors who are not afraid of speculation or volatility. Investors who are looking for a stable source of value for their investments continue to steer clear of the cryptocurrency markets.

Data Loss: The money invested in cryptocurrencies is held in digital wallets which are protected by digital passwords. If the owner deletes these passwords and is not able to recover them on his own, there is a big possibility that the money locked in the digital wallet may become inaccessible to them.

Legal Hassles: The problem with cryptocurrencies is that they are completely anonymous. As a result, they are widely used by crime syndicates and other people indulging in unlawful activities. Since cryptocurrencies are not regulated by the government, criminals find this to be the best way to launder their money. As an investor, this can be problematic. Since the market is completely anonymous, it is possible that investors could be aiding and abetting such money laundering activities without having any knowledge of the same. It is possible that investors might end up in a legal quagmire simply because they traded cryptocurrencies. In order to avoid such problems, many investors avoid investing in cryptocurrencies altogether. Apart from the issues mentioned above, many countries have made issuing and accepting cryptocurrencies an illegal activity. If investors trade these currencies despite the ban, then too, they are involved in illegal activities and could face legal repercussions.

Tax Hassles: Since cryptocurrencies are relatively new, there is still a lack of clarity about how the gains from these investments need to be taxed. Since the rules are not completely clear. Most countries in the world do not have tax gains from cryptocurrencies mentioned in their tax code. Even though this mention has not been explicitly done, investors are supposed to mention the income and pay taxes on them.

Since governments do not have a strong mechanism to determine the exact income from cryptocurrencies, some investors have tried to avoid paying taxes on them. This has landed them in trouble with the tax authorities. In many cases, investors genuinely wanted to pay their dues. However, due to the confusion about the exact nature of tax that needs to be applied to cryptocurrencies, they have been unable to do so. Hence, paying taxes on cryptocurrencies is also a complex task that requires significant transaction costs.

Which of the following is most likely to happen if a borrower fails to make
payments on time?
A. The borrower's credit score will decrease.
B. The lender will charge a lower interest rate.
C. The lender will increase the credit limit.
D. The borrower's creditworthiness will improve.

Answers

A. The borrower's credit score will decrease.

Answer:

A. The borrower's credit score will decrease.

Explanation:

what is one best motivational theory?

Answers

Answer:

The Maslow motivation theory

Explanation:

The Maslow motivation theory is one of the best known and most influential theories on workplace motivation

A growing trend for regulating natural monoplies is the use of incentive regulation. A) Describe how incentive regulation works to improve efficiency in the market. B) Describe how the company can benefit from incentive regulation. C) Discuss common problems that might exist with incentive regulation.

Answers

The government is known to regulate monopolies through Price capping where they reduce price increases.

A.   How incentive regulation works to improve efficiency in the market;

Incentive regulation is uses via regulatory tools, price setting regimes along with some self incentives. The efficiency improvement by incentive regulation is done through controllable costs, benchmarking and the setting of performance targets associated with both rewards and penalties.

Incentive regulation is the known way of conducting price level regulation. It also improves efficiency as it hinders or mitigate revenue erosion as it measures both inputs and outputs.

B. How the company can benefit from incentive regulation.

The benefits of the company is that it makes a lot of opportunities available for maximizing earnings via internal efficiency methods such as reduction in both capital and operating expenditures.

C. The common problems that might exist with incentive regulation.

Incentives regulation often brings about a number of challenges, such as;

Holding or maintaining incentives for cost reduction and still adjusting prices to underlying costs.  Prices need to be set so that the regulated firm benefits from cost reduction.It makes sure that firms have a good amount of assurance of cost-recovery, while limiting the length for “gold-plating as a result of set out or guaranteed returns on investment. In this way, organizations will only invest if sunk costs can be gotten back via retained cost savings. It makes sure that operators do not jump on quality.

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If Dr Oz Sleep gives 10 off coupon on its mattresses then what's one of them's mattress price of purchase, The original price is $899?

Answers

Answer:

89.9$

Explanation:

I just do it?

also if wrong I am so sorry

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