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Essay / Research Paper Abstract
A 19 page paper discussing the balance of government regulation and economic growth in the United States, Japan, Germany, the United Kingdom and France, the world’s five leading economies in terms of GDP. All of the leaders differ quite considerably from each other in the manner in which they oversee and regulate business and business activity, even the three leaders in Europe. Of course the UK differs from European Union (EU) countries, but even France and Germany (both EU members) hold many differences between them. The bottom line is that all of the leaders hold at least some public policies that limit business, and some are highly restrictive. Although it might not be reasonable to claim that these countries achieved their leadership positions in spite of government policy, it is certainly valid to claim that most will need reform in public governance if they are to retain their leadership positions. Bibliography lists 16 sources.
Page Count:
19 pages (~225 words per page)
File: CC6_KSpubGovDev.rtf
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Unformatted sample text from the term paper:
The worlds leading economies are dispersed throughout the Northern Hemisphere, though they are concentrated in Europe. The United States, Japan, Germany, the United Kingdom and France
constitute the top five of the worlds economies based on Gross Domestic Product (GDP), closely followed by China and Italy. All of the
leaders differ quite considerably from each other in the manner in which they oversee and regulate business and business activity, even the three leaders in Europe. Of course the
UK differs from European Union (EU) countries, but even France and Germany (both EU members) hold many differences between them. The bottom line is that all of the leaders
hold at least some public policies that limit business, and some are highly restrictive. Although it might not be reasonable to claim that these countries achieved their leadership positions
in spite of government policy, it is certainly valid to claim that most will need reform in public governance if they are to retain their leadership positions. The Largest Economies
One quality that all of the worlds leading economies share is that all have experienced trying times in the past several years.
The post-9/11 recession in the US was one that had been long overdue, according to the laws of the business cycle. This is the boom-and-bust cycle that economists occasionally
try to pronounce dead, only for it to rise up again to prove those economists wrong. That was the case in the US in 1969, when Paul Samuelson announced
that the business cycle was no longer a valid economic model. By 1973, the entire world was in deep recession in response to the world oil crisis.
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