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The economic model of emerging countries - Michael Spence
Rating: 4.5 out of 5(9,921 ratings)
20,829 students

The economic model of emerging countries - Michael Spence

Understanding Economics. Learn how the world works and why it is the way it it.
Created byEDOOTV - The knowledge dispenser
Last updated 5/2015
English

What you'll learn

  • 17 masterclasses and 1 hour and more of content
  • You will learn which the new emerging countries are at the dawn of the third millennium
  • You will learn about economic phases of development and recession in the different historical periods

Course content

1 section • 20 lectures • 1h 15m total length

  • Introduction0:37
  • From the Industrial Revolution to global growth2:11

    Trace the shift from the industrial revolution era to post-war growth as developing countries begin to rise, reshaping the global economy and its configuration.

  • Information and asymmetries of the market2:46
  • The economy of developing countries5:39
  • Africa and the “lacking” growth5:08
  • The ups and downs of Latin America2:23
  • The phases of growth and the world economy2:48

    Explore cyclical growth phases in the world economy, from postwar Europe to BRICS expansion, highlighting periods of recessions and bursts of growth in Japan, China, India, and other emerging powers.

  • The long march of the Chinese Giant4:51
  • The “trap” of average incomes3:56
  • The difficult transition of emerging countries3:33

    Recognize that no growth formula lasts forever; avoid sticking with a high-growth model too long. Policy reforms must enable structural change as labor shifts and value-added activities migrate globally.

  • Halfway Through0:32
  • China and the risks of the global economy4:21
  • Manufacturing and the “added value”2:25
  • The big run-up of India5:09
  • Growth and Social Justice6:03
  • Rethinking development6:18

    Explain how developing countries may surpass half of the global economy and triple world output, urging new growth models that protect resources and the environment globally.

  • The wealth of the planet2:46

    Examine global income distribution across income groups. The richest 20 percent own 86 percent of wealth, while the poorest 20 percent hold 1 percent, highlighting regional disparities and rising inequality.

  • The challenges of advanced countries8:37
  • Should we be pessimists?4:26
  • Conclusion0:31

Requirements

  • Interest in economics
  • Attending the course does not need any economic skill since it is presented in a clear and simple manner

Description

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First time on Udemy, course delivered by Nobel laureates themselves.

Here is what our students have to say about the course:

"The specialty of the course being that you are with a Noble Laureate and getting into his views and ideas in a plain and simple mode just for layman term. One of the best course, indeed." - Prabhakar

"Amazing course. instructor was so knowledgeable and a details information on Industrial growth. highly recommended.." - Somenath

"It is really deep and global course will make you understand the advanced level of economic conditions of the global economies" - Mujahid

"I am very thankful that I become part of this course. Truly it's more than worth the amount of what it was offered to enroll in this course." - Marvin

And Many more..

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In this masterclass Nobel laureate Michael Spence presents the new economic players and the challenges of the global world.

At the dawn of the third millennium, there are new players that have taken the economic stage: they are the emerging economies, in particular, the so-called BRIC group (Brazil, Russia, India, China) and south-east Asia; the story of their overwhelming development, lights and shadows of the new dynamics of the global economy.

This course is for:

  • Anyone with inquisitive and open mind
  • Everyone interested in economics and who would like to learn more about economic model of emerging countries
  • Anyone with Interest in science
  • Anyone with true passion for leaning and attaining true knowledge at an affordable price.
  • Attending the course does not need any economic skill since it is presented in a clear and simple manner
  • Anyone who appreciates and admires the knowledge brought to our race from Nobel Prize laureates' works.

With this course you will learn:

  • Over 20 lectures and 1.5 hours of content!
  • 17 masterclasses and 1 hour and more of content
  • You will learn which the new emerging countries are at the dawn of the third millennium
  • You will learn about economic phases of development and recession in the different historical periods

From literature to economics, art to philosophy, EdooTV and The Thought Flame gives voice to the world's leading experts, describing and sharing ideas and knowledge that are essential for all of us.

Don't wait, be a part of this amazing community now. Knowledge and ability to think with open mind is the best gift you can give to yourself and your loved ones.

Feel free to contact us for bulk buying and corporate deals as well.

Who this course is for:

  • Everyone interested in economics and who would like to learn more about the economic model of emerging countries

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