On the other hand, if the supply of the gas will not increase then the dependency on the import of oil will increase, which will never be profitable for the economy.
Where the crisis of power and gas trouble teases the general public, also there the deficiency of it is very dangerous for the economy... displayed 300 characters
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With reference to a policy in 1997 many firms were licensed to fix the hydro power plants, and a contract was made by the government to purchase the electricity at a rate of Rs. 4.7 per unit. But in 1999 they persisted to provide electricity at a rate of Rs. 3.3 per unit. In the result of which those companies were discouraged to take any interest in such kind of projects... displayed next 300 characters
For all these reasons, it seems important to critically examine the discourse on globalisation which underlies these developments.
For analytical purposes, we can distinguish between the phenomenon of globalisation and the discourse on globalisation, which are obviously intimately linked in reality...
The post communist transition transformed not only the country's economic and political systems but also the state-society articulation at large.
If the disappointing economic results of the first decade of transformation are often understood as results of...
So how can one complain that globalisation is bad because it raises the returns on the education of local human capital investors? Higher returns to human capital investments as well as greater returns to plant and equipment mean that the economy is more productive, which should be a welcome development to poorer as well as richer countries...
This can be illustrated by a diagram such as this.
If the government moves from concentrating of Capital goods and moves down the PPC towards the infrastructure, in the long run where all variables tend to increase, there will be an increase in capital goods which will facilitate an increase in output and eventually cause a growth in the economy...
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