Authors adds threshold values of total credit to the private sector and deposit money bank assets, above which the total effect of remittance on growth is positive. Azam and khan (2011) Running the linear regression of two remittance receiving and same features countries i.e. Azerbaijan and Arminia. They empirically proves that workers remittance are significant for the acceleration of growth in the field of study. Recommending to formulate the policies and encouraging to utilize more efficiently in order to improve society living standard.
One of the major benefits is economic growth. Globalization plays a prominent role in immigration. Immigration brings innovative ideas and makes a good career. Moreover, global market appears only due to immigration. According to Dogra (2011), there are many benefits in terms of economic growth to a country.
This is touted to be India's biggest tax reform in 70 years of independence. It is also considered as the most important reform in terms of ease of doing business since 1991. GST replaced a number of indirect taxes with a unified tax structure and is expected to reshape the country’s vast economy. Liberalization of the tourism sector in India For a long time, India has charged high taxes to international companies operating in the tourism and hospitality sector. Tourism has contributed well to the growth of Indian economy by both forward as well as backward linkages.
Approximately 75 % of intra-EU trade is in goods. The single European marketplace that was created in past a long time facilitates EU businesses to build a strong platform in an open, varied and competitive environment. This internal strength fosters the development and job creation in the European Union and provides EU businesses the source of wealth they need in able to be successful in other international markets. A well functioning internal market for goods is, therefore, an essential detail for the modern-day and destiny prosperity of the European in a globalized economy. From a legal point of view, the principle of the free movement of goods has been a bone factor in creating and improving the internal market.
b) unique process of creating increasingly innovative products. c) it is hard for competitors to emulate in terms of its diverse product lines. v. Financial Analysis • The GSC has led to a strong performance post the telecom crash, which means the top management were making decisions on the right things, capitalizing on Corning’s competitive advantages as analysed above. Net sales increased 90% from $3.1 billion in 2003 to $5.9 billion in 2007, demonstrating great growth and improving revenue. Net income rose by 1,064% during the period, from a negative $223 million to $2.2 billion.
Bilateral Free Trade Agreement Trade agreements between two nations are considered bilateral trade agreements. It gives them favoured trading status with each other. Expanded accesses to each other’s markets are allowed, and it results in the growth of both countries’ economies . The Singapore - Costa Rica Free Trade Agreement was signed in Singapore on April 6,2010 and is the third bilateral FTA between Singapore and a South American country. The agreement is broad and comprehensive, covering issues such trade in goods and services, investment, bilateral cooperation and competition policy.
To some extent, it is also an emerging country. According to Drabble (2000), the development of modern Malaysia is an attractive case, and it caused some challenges to some conventional models of state development. In the last 4 decades, the rapid development in manufacturing, especially in electronics and textiles created new jobs in the urban area. Although Malaysian economic growth still have gap compared to other East Asian Newly Industrialized Countries like South Korea, Malaysia’s economic growth is still positive (Drabble, 2000). Sim (2006) analysed Malaysian MNEs’ internationalization characteristics and strategies from the perspective of investment development path through the implementation of Eclectic Paradigm.
INTRODUCTION Malaysia is a federal constitutional monarchy situated in the south East Asia. Malaysia is an open state oriented and newly industrialised economy. Malaysia is one of the top economies of Asia with GDP growing 6.5 % annually. The GDP was $555 bn in 2014.The electronics equipment, petroleum and liquefied petroleum gas will see a substantial increase in the income per capita.On the supply side the growth is said to be supported by expansion in all economic sectors in tandem with the demand in the domestic market, the services and manufacturing sector is said to grow very rapidly. A strong domestic consumption is said to boost growth in services sector especially in wholesale and retail, infrastructure, tourism, accommodation and
2. Reduction in poverty Studies have shown that there is a positive relationship between economic growth and the rate of poverty reduction in developing countries. There has been a significant increase in
According to the results presented in Table 7, percentage of GDP in OECD countries has a positive impact on the tourist arrivals. If one unit of GDP increased, 0.92% increases in tourist arrivals income. The results Habibi and Abbasinejad (1384), Shah Abadi and sayah(1392) 1392 Vestanah et al (2011) also shows that GDP and per capital income has significant and positive impact on tourism. On the other side the model findings indicate that population is an important key factor in the tourism demand function. In other words, The more a country in terms of population is larger and more densely populated, The more tourism demand will be, because population increase pave the way to providing expertise in the provision of tourism services and also in the populous countries such as India and china we will see the attraction of more ethnicities because of variety of costumes.