China’s Exports and Imports Worldwide
China’s Exports and Imports Worldwide: A Comprehensive Overview China is the world’s second-largest economy and the single biggest exporter of goods, making it a cornerstone of global trade. Known as the “world’s factory,” China has built its economic power on manufacturing, innovation, and international partnerships. From advanced electronics to textiles and machinery, Chinese products reach […]
DISGUISED UNEMPLOYMENT AMARTYA SEN’ S VIEWS (DEVELOPMENT ECONOMICS)
Amartya Sen’s views on disguised unemployment offer a critical perspective, emphasizing the multifaceted nature of this phenomenon and challenging simplistic interpretations. Sen acknowledges the concept of disguised unemployment, particularly in the context of developing economies, where surplus labour exists in agriculture or informal sectors without significantly contributing to output. However, he argues that the idea […]