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Economic Growth
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What is Economic Growth?

Economic growth is one of the central subjects in economics, examined across introductory macroeconomics courses, development economics seminars, and international business programs alike. It refers broadly to the sustained increase in a nation's productive output over time and raises fundamental questions about what drives prosperity, how governments shape market conditions, and how growth is distributed across populations and regions. The topic is academically compelling because it sits at the intersection of policy, history, and theory, requiring students to connect abstract models with real-world outcomes in countries as varied as Saudi Arabia, Canada, India, and the United States.

Papers on this topic take several distinct approaches. Historical analyses examine how specific developments — such as railroad expansion and American economic growth or Canada's surge in the late nineteenth and early twentieth centuries — transformed productivity and infrastructure. Case studies focus on particular nations or regions, investigating the determinants of growth in individual economies or assessing the effects of trading blocs like NAFTA, the EU, and ASEAN. Policy-oriented essays weigh debates such as whether tax cuts stimulate or hinder growth, while macroeconomic reviews assess current conditions including inflation pressures and housing booms, as seen in examinations of the US market between 2003 and 2008.

A strong essay on economic growth requires a clearly bounded thesis — choosing a specific country, time period, or policy question prevents the argument from becoming too diffuse. Evidence drawn from measurable indicators such as GDP, productivity rates, and trade data carries the most weight in economics writing. A common pitfall is conflating correlation with causation; strong papers carefully establish the mechanisms linking a given factor, such as infrastructure investment or tax policy, to growth outcomes rather than simply noting that both occurred simultaneously.

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Paper Undergraduate
E-commerce benefits and organizational impacts in developing economies
Both articles and their extensive empirical and theoretical research have a wealth of insights and intelligence that brings e-commerce into a more realistic and pragmatic perspective. Starting with Exploring E-commerce benefits for businesses in a developing country (Molla, Heeks, 2007) that authors explain how they have interviewed 92 businesses in South Africa who have moved beyond the basic stage of ecommerce as defined by the 6-point e-commerce capability indicator cited in their article (Molla, Heeks, 2007). In citing this scale the authors contend that the much-hyped benefits of e-commerce surrounding operating efficiency gains including lower transaction costs and greater fluidity and flexibility of e-commerce are in fact not occurring in the emerging economy of South Africa. Instead, the authors state that the greatest gains are being made in the area of intra- and interorganizational communication and collaboration, clustered primarily in services industry as evidenced by their cited research (Molla, Heeks, 2007). This is certainly the case in Brazil where the continued growth of e-commerce has succeed while other nations have failed mainly due to the exceptional stability of the nations' banking system, strong laws and regulations to protect e-commerce and online commerce, and an infrastructure that makes automating supply chains more achievable than many other regions and nations of the world (Paulo, Dedrick, 2004). Brazil is also unique in that is government subsidizes new ventures and seeks out global technology partners, including Intel, for its e-commerce and infrastructure-dependent industries (Callaway, 2008). Juxtaposing the growth of Brazil is the stagnation of South Africa as is shown in the analysis, which implies e-commerce is better at breaking down the walls of organizations and getting them to work together more effectively than it is in driving top-line revenue from transactions., This consistent with the more pragmatic and practical studies of e-commerce adoption in emerging nations that show e-commerce system development and implementation will teach a business more about itself than it had never considered prior to the implementation (Alemayehu, Heeks, 2007). The process of creating an e-commerce strategy including the process and system integration, coordination of product and services catalogues, redefining and clarification of pricing, and the ability to define expediting processes for service and service recovery of negative customer events all force a business to grow faster than it had anticipated (Standing, Benson, 2000). Small businesses enter e-commerce thinking the big pay-off will be increased top-line revenue growth and greater transaction efficiencies (Molla, Heeks, 2007). Small businesses in commodity driven industries will also do this to specifically drive down the cost per transaction and pool purchasing power to gain an advantage in negotiating with suppliers (Salcedo, Henry, Rubio, 2003). All of these actual benefits are completely different than the much-hyped and promoted benefits of e-commerce being frictionless commerce throughout a supply chain, greater revenue growth at lower transaction costs, and ease and speed of generating customer loyalty, all contributing to skyrocketing profitability of an enterprise (Romano, 2009). All of these benefits accrue, in actuality, to oligopolistic firms who have the infrastructure, from a corporate IT staff to a well-known brand and the ability to selectively disintermediate their own supply chain to gain the much-hyped transaction cost efficiencies (Molla, Heeks, 2007). The greater the global market power of a company and its commanding position in an oligopoly, the more it can enforce its market-maker statue and drive change (Alemayehu, Heeks, 2007). Molla and Heeks (2007) deflate the hype of Transaction Cost Theory and its corollary of disintermediation by showing through their research that perfect competition doesn't exist in e-commerce globally and is especially problematic in emerging countries due to the lack of value chain integration and transparency. The authors also make an excellent point that the main catalysts or fuel of e-commerce growth in many nations is market research and mass customization (Molla, Heeks, 2007). There are myriad of examples of how e-commerce combined with mass customization has led to explosive, profitable growth on the part of companies with Dell not only reaching over $1B in revenues from online sales but also achieving double-digit inventory turns and extensive operational efficiencies at the same time (Luo, John, Du, 2005). The authors contend that for many emerging nations this however is not possible given the lack of trust and adoption of e-commerce, and the lack of alacrity and accuracy in complex supply chain relationships including a lack of clarity in communications and procurement performance (Molla, Heeks, 2007). Contrasting this however are the effects of a stabilized and trusted banking system in Brazil for example (Brazilian e-Commerce, 2005). The greater the trust levels in a given nation's financial system the higher the level of e-commerce adoption, even in highly collectivist cultures (Joia, Sanz, 2005). The authors continue with a triangulation of market performance, communications and transaction cost reduction, showing how e-commerce is more of a catalyst of organizational synchronization than a platform for selling more online (Molla, Heeks, 2007).
Paper Undergraduate
Land, virtue, and morality in Robinson Crusoe and Mansfield Park
This comparative essay addresses the similar function of land in Robinson Crusoe and Mansfield Park. Though seemingly different novels in terms of plot, they both use land as a metaphorical representation of patriarchal, religious, and economic authority. Comparing the two novels reveals how this use of land perpetuates a destructive moral system.
Paper Doctorate
Nicholas Carr's claim that Google makes us stupid: a refutation
Noted author and former editor of the Harvard Business Review Nicholas Carr wrote a provocative article in the July 2008 edition of the Atlantic Monthly titled Is Google Making Us Stupid?
Paper Undergraduate
Brazil's socio-economic and political environment for corporate expansion
¶ … Facilitating a Geographical Corporate Environment of Human Rights in Brazil
Research Paper Undergraduate
Russia's tariff negotiations and accession to the World Trade Organization
¶ … Russian commenced their discussion with the officials of World Trade Organization since 1995. The federation is already in the process of developing an understanding and deal with the other members of World Trade…
Research Paper Undergraduate
Bilbao's maritime economy and Basque cultural development
Basque Culture of Bilbao and the Regeneration of the Villa of Bilbao in Contemporary Times
Paper Undergraduate
Oil price shocks and macroeconomic stability in global economies
The destabilizing effects of Oil price hikes in the trade balance of both developed and developing oil-importing economies is very clear. Even for the OPEC nations, the initial gains in their national revenues would be…
Essay Doctorate
Balancing consumption patterns with environmental sustainability challenges
This paper is about population growth and problems of sustainability. The issue is addressed through technological progress and the pursuit of a more balanced population model around the world in order to prevent overpopulation from creating some sort of catastrophe in the near future. The environment is mentioned, and is seen as the most important factor in the sustainability of human life as we have become accustomed to it. Thomas Malthus, the 18th century philosopher who predicted population problems in London, is used as a figure from the past who saw the problems that were coming for the entire world.
Essay Doctorate
Thailand's economic transition from agriculture to industrialization
Thailand, officially the Kingdom of Thailand, is a country located at the center of the Indochina peninsula in Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the southern extremity of Burma. Its maritime boundaries include Vietnam in the Gulf of Thailand to the southeast, and Indonesia and India in the Andaman Sea to the southwest. The country is a constitutional monarchy, headed by King Rama IX, the ninth king of the House of Chakri, who, having reigned since 1946, is the world's longest-serving head of state and the longest-reigning monarch in Thai history.
Research Paper Doctorate
Deng Xiaoping's open-door policy and China's economic transformation
¶ … political economy of China explores the following issues and questions: