Tuesday, February 11, 2020
The Improving Economy of Middle East Essay Example | Topics and Well Written Essays - 2000 words
The Improving Economy of Middle East - Essay Example Publications of the web and science database indicate the standard economic growth of Middle East to be almost faster than that of the world by four times (specifically Turkey and Iran). His name is XX. His area of interest in global studies is the economics and how regional integration affects it. Over the years, we have witnessed the adverse effects of a nation that is divided. States that work in collaboration with others benefit from a broad base of knowledge as well as subsidized trade duties. They also enjoy the benefit of foreign aid and trade from the other states with whom they are partnering with. It also promotes a peaceful co-existence among the nations that are integrated. Most of all, they advance their economies of scale and advice one another on the best ways to make their individual state economies to grow. Of particular interest to this member is the economic growth pattern of the Middle East over the years. He believes though the economy was quite influential sometime back, it experienced some setbacks and stumbled a little. Besides the issue of national and economic integration, his argument is that a states organization of its political economy is very key if the state is to realize sustainable economic growth (Alan & John). This member by the name YY believes a stateââ¬â¢s economy is dependent on a number of factors. He is particularly interested in studying the demographic trends of states in order to unveil the linkages between demographic change, food, water, urban life, and regional economic integration and the stateââ¬â¢s economy. In demographics, he focuses on the literacy levels of the natives, income per capita, population growth rates, and employment opportunities among others. These issues he argues that, are of prime importance as they are directly linked to the economy of the state.
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