Gandhian Model of Development

Produce a report to demonstrate your knowledge and understanding of different theorist of development. This report should identify how these theorists have influenced current practice.

Though there are additional models such as the demographic, environmental, political and governmental models, what is seen in today’s model market are the economical and social models. These models

What are the main limitations of the Solow model? Discuss with reference to theory and evidence.

When a company decides that it is time for it to grow from a national into a multinational company (MNC) there are cost and benefits involved. A multinational corporation is a company that has productive assets, which they own and control in countries other than their own. An MNC is unlike an enterprise, which exports products and services, but the MNC directly invests into developing countries, where it can benefit from producing products at a lower cost, while increasing its market share. Whether this has a positive or a negative impact for the company and its host state, is dependent on the

Discuss at least two (2) strategies that multinational corporations (MNCs) can undertake in order to make

The purpose of this report is to define & understand how a MNC effect or effected by Home & Host country environments. Due to increasing global competition, changes in economic & political system business organisation are facing rapid change in business environment. The world is separated politically & financially into 200 countries separate countries where each country has its own laws, judiciary system and boundary regulations. We will be discussing how a MNC adapt these differentials and contribute to improve the economy and standard of living of the society. Multinational corporations have a huge impact on the host country economy as well as there are some problems also created by MNC in host country. For the view of

The Indian society is divided into three classes: lower class, middle class and upper class (Driver and Driver, 1987). According to Beteille (2001, cited in Mawdsley, 2004), the economy driver, as well as the major consumer group in India is the middle class, which is driving the economy towards success and development. Furthermore, referred to Misra (1961), the number of the middle class has been increased explosively during the last decade and the characteristic in India is its diversity in terms of language, religion and caste. In other words, India has the most diversity of middle class in the world through calculation (ibid). To the constraints on growth and distribution of wealthy part, firstly, the faster agricultural development can raise the overall rate of growth. Secondly, the distribution of income in industry and agriculture can affect the growth rate through its effect on demand and consequent have effect on industrial investment (Dutt and Rao, 1996).

The Globalization process have provided many benefits for both developed countries and developing countries. With recent breakdowns of economic barriers for countries to have easy access of foreign investment capital, developed countries such as the U.S. have the opportunity to explore immature markets, while developing countries will receive the financial resources, advanced technology, and managerial skills necessary for a faster pace of economic development.

To set up this scenario we have a few assumptions of the model, and of the policies that are being employed in the scenario in following this particular ‘economic story’:

India is a very fast developing country in the world, one of the fastest. India also has the fastest growing economy in the world (Beck). But at the same time there are several problems yet today in Modern India which is affecting the development and growth of the country. The social problems in India today have their roots in the diversity of religion, language, and culture. There were many people to have huge attachment to one’s region, language, religion and when these attachments grow to an crazy extreme level they create intolerance for other religions, languages, problems are bound to rise. So many cases of tragedy such as peaceful protests, riots and poverty has shaped the outcome of what India has become today.

The economic and political environments are essential aspects and they present a framework for multinational enterprises (MNEs), which present a framework for multinational enterprises. This framework is important for MNEs in determining where they should locate their investment. Government often attracts foreign investment by offering MNEs grant aid and other forms of assistance. Especially for governments in Eastern European and Asian developing countries (Worthington & Britton 2003, P286). Governments can reduce unemployment by attracting foreign investment. However, it doesn’t solve all the problems. MNEs normally locate their

The wide income gap in Indian society has been the main effect of industrialization and can be traced back to the times of British colonialism. Jawaharlal Nehru, India’s first prime minister, stated that India was wealthy until the eighteenth century and the areas longest under British rule were now the poorest, mainly agriculture (Robb, 2). The British implemented a cash-crop system in the village farms and took out food crops that millions of families relied in for nourishment. Under this system, the village system crumbled and these areas were ones that were converted into crowded slums due to the outward expansion of industrializing cities. The British rule overall hindered India’s development by superimposing a

India is a developing country. The factors hindering development of the country are many. Some of them can be attributed to the low per capita income and larger chunk of the population living under the poverty line. India is a country with poor people but with rich natural resources. It can be said that the country’s potential is either the human resource or the natural resources are not adequately utilized to the maximum extent and that resulted in low per capita income. India is an agrarian economy. The economy is marred with unemployment and under employment. Since the economy is basically agrarian, disguised unemployment is also rampant among the farmer community.

The country of India has been home to some of the brightest and most influential people to ever walk this planet. However, they are still an ever evolving and developing country finding its footing in establishing themselves as a global power as well as developing internally. Many domestic problem exist, having grown and evolved from the foundation of India. Their issues consist of gender inequality, religious intolerance, economics, international relations, as well as corruption. Those are only some of the many problems which they face. As with many developing countries, India has a predominant issue when it comes to poverty. In August of 1947, Jawaharlal Nehru, the country’s first prime minister, wrote the national document, “A Tryst with Destiny”. In the document he states, “The future beckons to us. Whither do we go and what shall be our endeavor?...to fight and end poverty and ignorance and disease and inequality of opportunity...which will ensure justice and fullness of life to every man and woman.” To put the idea in perspective, it was written sixty-eight years ago at a transitional point in the countries history when they were granted freedom and independence from the oppressive rule of Great Britain. In this address, Nehru set forth his rule with many lofty goals that have yet to come to fruition. While it can’t have been expected that all these goal would be fulfilled, Nehru showed the country where they need to go in order to prosper into a great nation. This was

The objective of MNC to operate in other countries is to gain competitive advantage through several ways. Firstly, MNC is able to take advantage of difference in country-specific circumstances. For example, MNC may choose to locate its productions in less developed country like Vietnam to gain cheap labor cost. Secondly,