To characterize dishonest or fraudulent action by a powerful person, the word corruption is used. Nationally, the term corruption describes government officials who take advantage of the people they are supposed to serve by abusing their authority, accepting bribes, or engaging in other unethical behavior to enrich themselves. Corrupt practices plague all countries, but they […]
Liberty is at the heart of libertarianism. Libertarians subscribe to these ideologies and advocate for individual liberty and self-determination in government. To a libertarian, making personal decisions should be left to the individual’s discretion. That is to say. An individual might make their own decisions free of government intervention. Libertarianism may be found in several
Is it possible that all nations are equal? The answer is no. Other nations may be larger, more powerful, or boast a greater gross domestic product (GDP). Although they aren’t always better, they get greater global attention and play an important part in global economics. Identifying the world’s important nations is as simple as looking
An absolute monarchy is a form of governance in which a single person or party has all of the authority, known as a dictatorship. This denotes total authority in the hands of the king or ruling party. What is a Dictatorship? In a dictatorship, the rights of the people are often greatly restricted. With the
Embargos are government-issued restrictions on the flow of products or services to and from a particular nation or the exchange of certain commodities. Unfavorable economic or political conditions exist between the two nations when an embargo is imposed. Embargoes come in a variety of forms. Export or import bans, tolls, or fees on a nation,
Based on a considerable investment in a bona fide company, an E2 treaty investor visa allows foreign entrepreneurs and investors to visit the United States without fear of deportation. To be eligible to invest, a businessperson or investor must be from a nation with which the United States has signed a Treaty of Commerce and
When you look at a map of the world’s armed conflicts, there are always several nations at war. Some wars linger far longer than others, and the nations involved in these protracted conflicts often suffer tremendous devastation and persistent poverty. Most of the time, internal strife amongst factions of the country’s people causes so much
It was in 2015 that the Trans-Pacific Partnership, or TPP, was written. The next year, the agreement was inked. However, since it was never approved, it was never implemented. Tariff and non-tariff trade obstacles were to be reduced under the TPP. An investor-state dispute resolution was also to be established as part of the TPP.
South Asian nations have formed the South Asian Association for Regional Cooperation (SAARC), an intergovernmental organization whose mission is to promote economic growth and regional integration across the subcontinent. The SAARC countries occupy 3% of the earth’s land surface or over 2 million square miles. All member nations’ populations totaled more than 1.7 billion in
SAARC (South Asian Association for Regional Cooperation) Countries 2022 Read More »
What is the purpose of a democratic system? Democracy is derived from the Greek terms for citizen (demos) and the Greek word kratos, which means power or authority. A democracy is, at its core, a type of governance in which the people of a country have the authority to choose the rules by which they