India Can Become More Integrated In Global Trade

India Can Become More Integrated In Global Trade

Global commerce has evolved since the end of the 20th century. Instead of trading finished goods such as automobiles. Nations now trade components and parts which, when combined, create an end product. With lower transport and communication costs and communication costs, the production inputs can be procured from the most cost-effective location. Each country participating in global trade today has its own place in the worldwide value chain. In the case of developing nations, participating globally in value chain systems is crucial to their economic growth. Based on the United Nations, there appears to be positive correlation between participating. In … Continue reading India Can Become More Integrated In Global Trade

Microlending Reduces Extreme And Poverty

Microlending Reduces Extreme And Poverty

June 26, 2017 5.27am BST A modest increase in microlending to the poorest of the world could lift over 10.5 million people from extreme poverty. This is the conclusion of my study, which was published last month in the B.E. Journal of Macroeconomics, which discovered that microfinance not just reduces. The number of households in poverty, but also the extent to which the poor are. Today, 836 million people (or 12%) of the global population live in extreme poverty. And on less than US$1.25 every day. Based on data from 106 of the world’s developing countries from 1998 to 2013 … Continue reading Microlending Reduces Extreme And Poverty

Japanese Civil Society Groups Helping Support Refugee Entrepreneurs

Japanese Civil Society Groups Helping Support Refugee Entrepreneurs

Japan is famous for its unfriendly civil attitude towards immigration. Although the doors have been gradually open to professionals however, the Japanese government isn’t willing to accept migrants with low skills except with temporary work permits and has been extremely unwilling to accept refugees. Even the refugee crisis of 2015 did not change Japan’s policy of closed doors. While nations like Canada, the United States, Canada and Venezuela have taken on the admission of tens of thousands applicants, Japan has announced it will only take 150 Syrian students and their families over the next five years. While this is a … Continue reading Japanese Civil Society Groups Helping Support Refugee Entrepreneurs