Reference no: EM133079165
DIRECTIONS:
Please analyze the following countries and the facts surrounding the transition periods towards capitalism. Include links for every country.
Latin America:
- In the past, did Latin American countries have many trading partners?
- What did Chile do to impact Latin America?
- How does Argentina feel about government intervention in everyday business? Many Argentinians need government intervention to survive and resent the International Monetary Fund for imposing austerity measures that limited public spending to alleviate crises (Link https://www.nytimes.com/2021/04/19/business/argentina-economy.html).
- Has Venezuela chosen to follow a route towards capitalism? Is the country successful? Venezuela has chosen to follow a route towards capitalism. It is not successful.
- How is the current economies of Latin America? Are they encountering any issues? Many of the economies of Latin America are struggling.
Eastern Europe:
6. Poland's struggle for freedom began with "solidarity" in the 1980s. What does this mean?
7. In 2004, Poland joined the EU. What is the EU?
8. How efficient is the EU today? Are they encountering any issues?
Japan:
9. Japan is considered a "successful" nation. Japan has made the change from labor-intensive to capital intensive. What does this mean?
10. How much is Japan's government involved in their economy in comparison to the United States?
11. What is the MITI? Is it successful?
12. During the 1990's, Japan experienced a period of "economic stagnation." What does this mean? How did the "keiretsu" create this?
13. How did the tsunami that hit Japan in 2011 affect Japan's outlook on nuclear production?
14. How is Japan's economy functioning now? Are they encountering any issues?
South Korea:
15. In the 1950's, North Korea and South Korea were divided. South Korea was one of the poorest nations and also had one of the highest "population densities." What does this mean and how did it impact South Korea?
16. How did South Korea change its trade to help the nation?
17. What are some of South Korea's largest productions today?
18. How is the economy as a whole? Are they encountering any issues?
Singapore:
19. Why is Singapore a strong representation of a capitalistic structure?
20. How is Singapore's economy today. Are they encountering any issues?
Taiwan:
21. How strong of an influence does the government have in Taiwan's economy. What are some examples of some interventions?
22. How do China and Taiwan interact?
23. How is Taiwan's economy today. Are they encountering any issues?
Sweden:
24. Why is Sweden known for its social welfare programs?
25. How does Sweden pay for its social welfare programs?
26. How has "high-tech capitalism" influenced Sweden's society?
27. How is Sweden's economy today? Are they encountering any issues?
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