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In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...
Political economy most commonly refers to interdisciplinary studies drawing upon economics, sociology and political science in explaining how political institutions, the political environment, and the economic system—capitalist, socialist, communist, or mixed—influence each other. [14]
Systems can be measured relative to the achievement of the rivals and normative assessments can be done based on statistics of the living standard, the gap of income and wealth distribution and the level of unemployment The modeling of comparative economic is strongly affected by the perceptions on which accepted cultural, political and ethical ...
Unemployment rates are important due to the differences in policies taken from each political party. However, Job creation and unemployment are affected by many factors such as economic conditions, global competition, education, automation, and demographics, and global crisis.
Comparative politics is the systematic study and comparison of the diverse political systems in the world. Comparative politics analyzes differences in political regimes, governance structures, electoral systems, policy outcomes, and public administration across countries, regions, or time periods.
The Political Compass website was established by political journalist Wayne Brittenden. [3] On July 2, 2001, an early version of the website appeared on the web server of One World Action. [4] The creators of The Political Compass acknowledged intellectual influences such as Wilhelm Reich and Theodor Adorno for their contributions to the field. [4]
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries ...
International political economy (IPE) is the study of how politics shapes the global economy and how the global economy shapes politics. [1] A key focus in IPE is on the power of different actors such as nation states, international organizations and multinational corporations to shape the international economic system and the distributive consequences of international economic activity.