Software Industry: Only Solution for Orissa’s Crippled Economy

Information Technology (IT) is one of the most dominant and growing industry in the global economy today. The dynamic technological advancements in the Information Technology have reinforced the changes in the economy and social sector that are transforming the business and society. In this article, we have tried to trace some hindrances in the process to attract software industries to Orissa.

Bad Economics on TV: Trump and Kiyosaki on NBC's Today

There is no doubt that Robert Kiyosaki and Donald Trump are two leaders in understanding wealth creation. However, on a recent interview on the Today Show, they failed to exploit an opportunity to correct one of the misconceptions people have about wealth. Many believe that wealth is limited and that view was conveyed to these entrepreneurs. Learn about how that issue was addressed.

An Example of Internal Synergy - the Single Global Currency

There are those project initiatives that will not produce a concrete result but which could be considered anyhow. Especially large corporation cope with these some moment in time. For example in situations where the various units -- in countries all over the world -- use different software programs to support Office Ware, Accounting or other administration functions. In line with this it is interesting to observe a similar initiative: the site ...

Is It Getting Crowded Around Here? A Different Perspective

The United States has recently reached the big 300 million and many are now expressing concerns that the US is becoming over populated. They argue that large populations create poverty and choose select countries around the world to prove their point. This article takes a different approach and argues that economic problems are not caused by too many people, but usually from too much government.

The Economy in Canada 5 Strongest Growing Provinces and Territories

Increase in Gross Domestic Products, the 5 top provinces for economic activity in Canada

2007 The Case for Off-Shoring and Outsourcing

Most people decry the thought of the outsourcing of American Jobs and they call it the greed of the multi-national corporations looking for cheap labor and cost cuts at the expense of the middle class and union workers. They say that American corporations do not care about the American workforce and they claim that these corporations are destroying our economy and our nation. In reality this might be a little harsh considering that all these executives that run these corporations are also Americans and they believe in this country as much as the rest of us. In reality there are many factors for this growing trend of outsourcing.

THE SEZ's: The Fire Continues to Burn

The Indian government has approved proposals for 180 special economic zones (SEZs) with an idea that it would invite foreign direct investment, provide jobs, and promote the development of secondary industries to service firms. If SEZs were so beneficial then why this huge protest in many parts of the country. For one thing, many of the approved sites are located on prime agricultural land – leading to complaints that the SEZs are more of a coordinated land grab by the rich than coordinated economic development.

The Downsizing Conspiracy

Is a bargain really a bargain when you get less than what you think you are paying for? How much smaller can those products get before the consumer wises up?

American Policy And China

China's increasing power necessitates a reassessment of U.S. foreign policy toward China. The most fundamental U.S. interest in the region is the prevention of Chinese hegemony. For the present, the United States is the pre--eminent military power in East Asia. Assuming we do not alter our current deployment plans, this will remain the case for at least ten years. But a long-term perspective is..

What is Ethical Clothing?

Garment workers throughout the globe are traditionally paid the minimum wage and work long hours in poor conditions in order to produce the clothes that we take for granted.

Can Haiti Break Out of Poverty?

What are the causes of Haiti's ongoing economic struggles? What would it take to change their economic poverty? Can Haiti break out of it's poverty?

Should One Practice Anti-Trust Law to Insure the Free Markets Prevail?

As the operator of an Online Think Tank we spend quite a bit of time discussing Free-Markets and forms of government such as Capitalism and Communism, Socialism and Dictatorships and how all of it is so intertwined in World Markets.

FDI Affects On The Process Of Economic Growth Of Developing Countries

Foreign direct investment (FDI) is known as movement of capital across national frontiers in a way that grants the investor control over the acquired asset. That is how it is distinct from portfolio investment which may cross borders, but does not offer such control over the business. Firms which supply for FDI are ...

Why Indian Economy is Set to Overtake the UK Economy

India is the second largest country in terms of population, however for many years its economy has struggled to compete with other Asian and developing economies. The Indian economy has in the past been characterised by low growth, endemic poverty and focused primarily on the agricultural sector. However in recent years the Indian economy has started to grow at a particularly fast rate. Latest GDP statistics suggest the economy is likely to grow at between 6 and 7% for the next couple of years. What has contributed to this remarkable turnaround in economic performance?

Taps Instead Of Taxes-Free Trade And Globalization Has Made U.S. Tax Codes Obsolete

Governor Arnold Schwarzennegger of California calls for universal health care and gives some interesting ideas on how to pay for it. Competition in the Global arena may require the USA to consider universal health care to remain competitive in the free market that has gone haywire. Taxes should be converted to transaction fees or call them Taps. In essence tariffs have been taken off products and put on workers and work itself. It is impossible to compete in a global arena if the work day, workers and labor are taxed directly.