it contradicts an ever shifting mess of regulations. In addition, it is unclear what success the communists will have in the next election, so long term planning is very difficult because the future is so unpredictable. Despite an ambitions privatization program, many of the large factories remain state owned, partly because of the fact that their outdated and inefficient production would immediately and properly put them out of business under a free market. However, because the government has
law. During the twentieth century, Mongolia had been a socialist country and developed almost fifty years of non-private property regime. However, the end of the twentieth century, the country changed its regime to democratic and resulted mass privatization of its state property. The government of the country distributed an interest of the state property to its people and made more than half of Mongolian population as shareholder. However, many of policy makers, lawyers, business people and general
Fifty years after the military coup in Brazil in 1964, the country has been governed by an exiled professor, Fernando Henrique Cardoso, a former labor worker that was arrested during the dictatorship, Lula, and a former member of a guerrilla against the dictatorship, Dilma. The transition from dictatorship to democracy was successful, but not sufficient to establish a strong and fair government system. Political, Economic and Social Scenery: The role of labor unions, student organizations, armed
COUNTRY ANALYSIS: “GOOD” IS NOT ENOUGH, CHILE Introduction Chile's economy is considered one of the most developed in Latin America, and is believed that it will be a developed country between 2018 and 2020. It also has the highest Human Development Index (HDI) in Latin America. According to IMF estimates, the country will reach a GDP per capita of just over 18,000 USD over a period of 4 years (2014). In early 2010, Chile became the first full member of the OECD in South America and second in Latin
Globalisation in Russia : the challenge of the transition to the world economy Fifteen years ago, the Soviet Union was a socialist authoritative country, tightly isolated from capitalist countries. Nowadays, its direct heir, Russia, is one of the most quickly growing markets of the world, strongly open on the global economy. During the 1990s, Russia underwent an extraordinary transformation from a communist dictatorship to a multi-party democracy, from a centrally planned system to a market economy
One of the most pressing economic problems of our time is the objectionable direction taken by the leading regulating institutions, such as the International Monetary Fund or the World Bank. This issue is addressed in Globalization and Its Discontents, and is thoroughly analyzed throughout the next pages. It was written by Joseph E. Stiglitz, (born February 9, 1943), an American economist and author. He is also the former Senior Vice President and Chief Economist of the World Bank. He is known for
THE JOURNAL OF ACCOUNTING ANAN Volume 1, No 1, March 2009 Published by: Nigerian College of Accountancy, Jos Postgraduate Professional College and Training Arm of ANAN ...Advancing the Science of Accountancy EDITORIAL BOARD Prof. Edet Robinson Iwok, Ph.D, FCNA Prof. A. A. Okwoli, Ph.D, FCNA Prof. Abimaje Akpa, Ph.D, FCNA Prof. B. C. Osisioma, Ph.D, FCNA Prof. Edet B. Akpakpan, Ph.D, FCNA, Prof. A. C. Ezejulue, Ph.D, FCNA Prof. A. S. Mikailu, Ph.D, FNIA Chairman, Education, Training
HARVARD BUSINESS SCHOOL 9-706-041 REV: OCTOBER 16, 2006 DEBORA SPAR JEAN OI China: Building “Capitalism with Socialist Characteristics” We must not act like women with bound feet! If we want socialism to triumph over capitalism, we should not hesitate to draw on the achievements of all cultures. We need to learn from other countries, including the developed capitalist countries. — Deng Xiaoping, 19921 In November 2005, the Central Committee of the Communist Party of China issued its 11th five- year
Vietnam The war-torn country of Vietnam is once again in the midst of a revolution. Only this war is not being fought with soldiers and tanks; rather, it is being fought and won with businessmen and free-trade. This new on-slot of foreign business in the formerly closed country have completely rejuvenated the Vietnamese economy. For the first time since the re-unification of Vietnam in 1976, the doors of the market place are opened to the outside world and Vietnam is aggressively taking
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