Comparative social policies in post-communist, Southeast Asian, and Latin American societies
Post-communism is a term that is used to define the period during which economic and political transformation took place in some countries of Asia, Latin America and Europe, which were formerly communist states. The new governments of these countries aimed to create capitalist economies that were free market-oriented. The countries that have made a transition from being solely communist to capitalist, or at least a combination of two, are referred to as the post-communist nations (Easter, 2012). Papua New Guinea and Cuba are the two post-communist countries that will be the main topic of discussion of this paper.
Saudi Arabia\'s International Business Law
Introduction
Saudi Arabia and Socio Economics
Oil wealth, which led to dramatic standard of living increases in the Gulf for much of the second half of the twentieth century, no longer is enough to ensure the prosperity of several states. Living standards in Saudi Arabia, Bahrain, and Oman have remained at a standstill in recent years. For example, from 1980 to 1998, the Saudi economy grew at an average of 0.2 percent a year—a stagnation that ended only when oil prices soared in 1999 and 2000.