1. How can international migration increase human capital levels in sending countries? Explain the various channels.
many rich countries already have very high levels of physical and human capital, they are able to continuously grow because they: O can continuously increase any of the components that lead to productivity growth O trade with other rich countries. Ohave higher per capita income. Ohave higher levels of real GDP growth.
“The study of international trade and international migration occupies a relatively small part of standard economic analysis. Conventionally, international trade theory tends to ignore international migration, which essentially changes the distribution of national communities. Similarly, the literature on international migration abstracts from the effects of labor migration on international flows of goods, services and capital.” Using elements from international trade and international migration theory, explain how an increase in trade between a developed and a developing economy may affect migration...
How has human migration (Brain drain) effect the development of third world countries? Answer in 200+ words.
The objective this week is to synthesis information in writing the review of literature. Activity 1 1. Choose one of the focus areas for your paragraph from (a), (b) or (c): a. Educational considerations b. Brain drain effect c. Benefits to sending countries 2. Read carefully the different relevant points put forward by the different authors/sources 3. Identify the similarities in the positions and write a coherent account of their views. Be sure to use appropriate reporting verbs to do...
Despite outstanding achievements in human capital, developing countries continue to face great challenges as they seek to continue to improve health and education of their people (Todaro and Smith, 2015). The economics of education includes the determinants of demand and supply of education places, and the distinction between the private and social benefits and costs of investment in education. Discuss the economic relationships between education and a) the level of growth, b) the character of growth, c) inequality, d) rural-urban...
) Explain how temperature and pH levels can influence microbial infections in the human body.
Understanding the Importance of International Trade in Various Countries Whereas imports and exports in the United States each account for about one-eighth of total annual national income, in some countries the figure is much greater. Certain nations like Luxembourg must import practically everything! For Critical Analysis: How can Luxembourg have a strong economy if it imports so many goods and services?
Can someone explain how drilling oil might affect human relationships on micro, meso, and macro levels?
ASSIGNMENT 2 (a) Distinguish between absolute and relative poverty. (b) Explain how low human capital is both a cause and consequence of poverty. Explain how an increase in unemployment increases poverty in a country. (d) For two countries of your choice, research unemployment figures since 2008 and election results. Do you see a pattern? (e) In a cause and effect chain reaction, explain how income growth is both a cause of poverty and a solution to reduce poverty.
1. What will increase the rate of capital accumulation? a) Lower levels of investment b) Higher levels of investment c) Higher levels of saving d) Both B and C 2. What institutional arrangement consistent with high GDP per capita? a) Socialism b) Restrictions on international trade. c) Government-imposed price controls. d) Markets, specialization & trade.