Economic Development

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Readers and viewers must know the basic concepts and principles of economic development. After this, will be economic problems and development strategies that is applied in this article. The next part is development policies and programs that has something to do with monetary and fiscal policies in. It will be discovered as a process for an economic planning towards developmental model. Last but not the least, will be the major issues in economic development.

According to Fajardo in his book, "Economic Development defines as a progressive process of improving human conditions such as reduction or elimination of poverty, unemployment, illiteracy, inequality, disease and exploitations. To understand this meaning carefully, it is an interaction of different factors". The example of this is investing a rice harvest per hectare in your designated ranch, there are various inputs that are combined like fertilizers, insecticides, irrigation, technology, and many other things related to this example.

This development is based on the classifications of countries or what categories do they belong? The categories will be either highly developed countries, intermediate countries, or they belong to less developed countries.

It has also a problem like humans. There is a saying, " If there is a problem, there is a solution"

This development will also give information and at the same time enumerated some countries from different continents that gives economic status of how they performed in their gross national product and gross domestic product.

They must have feedbacks of World History because this will be based on their economic status of how does it developed in the past?

After I end this composition of this article, this is just only the beginning of my content in writing the economic development.

Fajardo, Feliciano R. "Economic Development" 3rd ed. Mandaluyong, Metro Manila:National Bookstore 2004.

Global Trade and the History of the Wheels of Commerce Considered - A Book Review

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How much do you really know about the history of economics and free trade? I feel as if I know more than 99% of the people on the planet, but perhaps that's because I've studied a three-part volume entitled the wheels of commerce. I think you should pick up a set for yourself. If you'd like to learn more let me explain what I mean and describe to you what's in volume 2 as an example;

"The Wheels of Commerce - Civilization and Capitalism; 15th through 18th Century, Volume 2" by Ferdinand Braudel, 1979.

The 15th and 18th Century is when capitalism really took off. In this particular second volume we see the slow evolution towards what we consider today to be economics. The first volume explained how "economic life" started and how using a unit of trade increased and individual's, or family's quality-of-life. Now, in this volume we see how cross roads became trading points for villages, towns, and cities and how the wheels of commerce started turning.

Indeed, this is a tale of economic history; how capitalism and trading changed everything forever. How free and open markets with shops, distributors, traders, dealers, salesmen, bankers, and even what might now be considered a stock market in Amsterdam were only the beginning. This book tells of the London Royal Exchange, French and Dutch banking, and the exchanges of paper money and distribution in China, bankers and India, and the ships that distributing goods, and those using the silk Roads all participated in what we consider today to be global trade.

The book explains merchants and trading circuits, and self-regulating markets. During this time were the first uses of the words; capital, capitalist, capitalism. It is interesting that most economic textbooks have a brief chapter or two perhaps on how it all got started, but it is very interesting to read a huge three volumes set of books on the subject. It's amazing to me that we do not teach economics as we used to in the schools, and I bet if we did, we wouldn't have the types of economic crisis as we do today. I hope you please consider all this.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes in economics.

Truth About Global Economic Crisis: Book Review

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You want to read The Global Economic Crisis The Great Depression of the XXI Century, edited by Michel Chossudovsky and Andrew Gavin Marshall, if you meet these criteria: you welcome information and analysis about critically important issues that come from great thinkers outside the mainstream media and publishing world; you can handle brain pain from detailed and brutally honest revelations; you are willing and able to challenge your own biases and preconceptions to let in new explanations of how the world really functions.

If millions of Americans read this book, we would probably see a far stronger uprising against the political establishment that has refused to severely punish the countless guilty people in the financial, banking and mortgage sectors that brought down the US and global economic system.

This book ties together a large number of factors in twenty chapters that reveal just how corrupt the world has become because of the power of plutocratic, wealthy and corporate interests. From Wall Street corporate boardrooms to the Federal Reserve and other central banks to the US military and NATO, a multitude of threads get woven into a disturbing tapestry of crimes against society that still have not been prosecuted.

This book is truly an instrument of anti-brainwashing. If you are willing to spend serious time reading it, then you surely will become much angrier about the dismal state of the economy that is causing so much pain and suffering to ordinary people worldwide. If you personally have escaped the worst ravages of the economic meltdown, then you will have much more compassion for those severely affected.

In all honesty, if the current global economic crisis has made you angry, pessimistic, fearful, paranoid, despairing and worse, then this book will most likely exacerbate all such feelings. By revealing still more connections, implications and causes, this book will motivate you to do anything you can to fight the corporate, plutocratic forces devastating the lives of ordinary people. If you already have little confidence in government, it will only make things worse. Does all this mean you should avoid reading it? Absolutely not.

Here are a few statements from the book that resonated with me and that you can use to decide whether the general philosophic orientation of it is compatible with your views:

"Wall Street's Ponzi scheme was used to manipulate the market and transfer billions of dollars into the pockets of banksters."

"Government rescue packages around the world are corporatist in their very nature, as they save the capitalists at the expense of the people."

"The global political economy is being transformed into a global government structure at the crossroads of a major financial crisis."

Just gin up the courage to read it, get out several color markers to highlight passages and expand your knowledge to overcome all the propaganda constantly being hurled at you. We need more citizen unrest to energize more public protests to overthrow the powers that have corrupted and perverted our government. A key voice in the mainstream media that is in sync with the painful messages in this book is Dylan Ratigan who has a terrific daily show on MSNBC. He too should read this timely book.