Bogus Economic Jobs Report – We’ve Seen This Before
Western economic analysts always question the economic numbers coming out of China stating; we can’t trust the data. True enough, but what about here at home. Our own economic data is contrived as well, usually for political reasons. And since this is a known fact, why bother collecting the numbers in the first place? Why not just save the budget money for other important governing endeavors?
Rural Job Creation in India – Role of MicrocreditAn economy needs the infusion of money to spiral up the growth. Microcredit encourages entrepreneurship, which in turn generates employment opportunities. This ensures a steady income. Microcredit is a powerful tool for change at the grass root level. If used sensibly, it can empower the people.
Competing to Enhance Investor’s ConfidenceNew economic policies have been responsible for increasing the competition among the nations of the world. Consumers too have been making choices due to heavy competition among the producers.
Gross Domestic Product and HappinessIn some countries of the world, the wealth created is distributed equally among all the sections of the population. Thus there would be growth with justice or inclusive growth or equitable distribution of wealth. Unequal distribution of the wealth would lead to many severe consequences including revolt and political instability.
Economic Mineral Resources and DevelopmentThe mineral resources play a dominant role in the economic development of the economies of the world. They have been contributing a maximum amount to the gross domestic product of some nations.