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Branch Plant
It is not entirely evident who first used the branch plant economy concept; however, it has been extensively used in Canadian and UK literature since the 1970s. This concept broadly describes the negative consequences on the growth of the regions whose economies are primarily composed of branch plants that belong to multi-plant firms. Since the position of branch plants within the command chain is low, the regions that host these branch plants tended to be remotely controlled by the plant headquarters, which are usually located distantly. Authors at that time thought that branch plants might create a short-term boom in the regional economies when initial investments were deployed, or when they performed well owing to external factors such as the sector's expansion (e.g., the growth of the Petroleum industry in Aberdeen brought a local economic boom). That boom, however, did not sustain itself over the long term. In Scotland, it was mainly Scottish journalists and political readers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry In Aberdeen
The petroleum industry in Aberdeen began with the discovery of significant oil deposits in the North Sea during the mid-20th century. Aberdeen became the centre of Europe's petroleum industry. With the largest heliport in the world and an important service ship harbour port serving offshore oil rigs, Aberdeen is often called the "Oil Capital of Europe". The number of jobs created by the energy industry in and around Aberdeen has been estimated at half a million. Today, reserves are still flowing fast, but it has been estimated that the North Sea is nearing or has even surpassed its peak production rate. As a result, Aberdeen is expected to have to redevelop itself as a research and development hub, rather than a base for offshore drilling, in order to remain home to the multi-national companies that drive its economy. There have been local political attempts to turn Aberdeen's reputation as the "Oil Capital of Europe" into the "Energy Capital of Europe". As of 2013, despite decl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Conservative Party Of Canada
The Progressive Conservative Party of Canada (PC; french: Parti progressiste-conservateur du Canada) was a centre-right federal political party in Canada that existed from 1942 to 2003. From Canadian Confederation in 1867 until 1942, the original Conservative Party of Canada participated in numerous governments and had multiple names. In 1942, its name was changed to the Progressive Conservative Party under the request of Manitoba Progressive Premier John Bracken. In the 1957 federal election, John Diefenbaker carried the Tories to their first victory in 27 years. The year after, he carried the PCs to the largest federal electoral landslide in history (in terms of proportion of seats). During his tenure, human rights initiatives were achieved, most notably the Bill of Rights. In the 1963 federal election, the PCs lost power. The PCs would not gain power again until 1979, when Joe Clark led the party to a minority government victory. However, the party lost power only ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Nationalism
Economic nationalism, also called economic patriotism and economic populism, is an ideology that favors state interventionism over other market mechanisms, with policies such as domestic control of the economy, labor, and capital formation, including if this requires the imposition of tariffs and other restrictions on the movement of labor, goods and capital. The core belief of economic nationalism is that the economy should serve nationalist goals. Economic nationalists oppose globalization or at least question the benefits of unrestricted free trade. They favor protectionism and advocate for self-sufficiency. To economic nationalists, markets are to be subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains (as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–United States Relations
Relations between Canada and the United States have historically been extensive, given the two countries' shared origins and border, which is the longest in the world. Starting with the American Revolution, when Loyalists fled to Canada, a vocal element in Canada has warned against American dominance or annexation. The War of 1812 saw invasions across the border in both directions, but the war ended with unchanged borders. The border was demilitarized, as was the Great Lakes region. The British ceased aiding Native American attacks on the United States, and the United States never again attempted to invade Canada. Apart from minor unsuccessful raids, it has remained peaceful. As Britain decided to disengage, fears of an American takeover played a role in the Canadian Confederation (1867), and Canada's rejection of free trade (1911). Military collaboration was close during World War II and continued throughout the Cold War, bilaterally through NORAD and multilaterally through ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico ''''. . making it the world's 13th-largest country by are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and enforce the rules that govern international trade. It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world's largest international economic organization, with 164 member states representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, quotas, and other restrictions; these agreements are signed by representatives of member governmentsUnderstanding the WTO' Handbook at WTO officia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North American Free Trade Agreement
The North American Free Trade Agreement (NAFTA ; es, Tratado de Libre Comercio de América del Norte, TLCAN; french: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The agreement came into force on January 1, 1994, and superseded the 1988 Canada–United States Free Trade Agreement between the United States and Canada. The NAFTA trade bloc formed one of the largest trade blocs in the world by gross domestic product. The impetus for a North American free trade zone began with U.S. president Ronald Reagan, who made the idea part of his 1980 presidential campaign. After the signing of the Canada–United States Free Trade Agreement in 1988, the administrations of U.S. president George H. W. Bush, Mexican President Carlos Salinas de Gortari, and Canadian prime minister Brian Mulroney agreed to negotiate what became NAFTA. Each submitted the agreement for r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1988 Canadian Federal Election
The 1988 Canadian federal election was held on November 21, 1988, to elect members to the House of Commons of Canada of the 34th Parliament of Canada. It was an election largely fought on a single issue: the Canada–United States Free Trade Agreement (CUSFTA); the Progressive Conservative Party campaigned in favour of it whereas the Liberal Party and the New Democratic Party (NDP) campaigned against it. The incumbent prime minister, Brian Mulroney, went on to lead his Progressive Conservative Party to a second majority government. Mulroney became the party's first leader since John A. Macdonald to win a second majority. The Liberal Party doubled their seat count and experienced a moderate recovery after the 1984 wipeout. The New Democratic Party won the highest number of seats at the time until they would beat that record in 2011. The election was the last won by the Progressive Conservatives, the last until 2011 in which a right-of-centre party formed a majority govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Integration
Economic integration is the unification of economic policies between different states, through the partial or full abolition of tariff and Non-tariff barriers to trade, non-tariff restrictions on trade. The trade-stimulation effects intended by means of economic integration are part of the contemporary economic Theory of the Second Best: where, in theory, the best option is free trade, with free competition and no trade barriers whatsoever. Free trade is treated as an idealistic option, and although realized within certain developed states, economic integration has been thought of as the "second best" option for global trade where barriers to full free trade exist. Economic integration is meant in turn to lead to lower prices for distributors and consumers with the goal of increasing the level of welfare, while leading to an increase of economic productivity of the states. Objective There are economic as well as political reasons why nations pursue economic integration. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Nationalism
Economic nationalism, also called economic patriotism and economic populism, is an ideology that favors state interventionism over other market mechanisms, with policies such as domestic control of the economy, labor, and capital formation, including if this requires the imposition of tariffs and other restrictions on the movement of labor, goods and capital. The core belief of economic nationalism is that the economy should serve nationalist goals. Economic nationalists oppose globalization or at least question the benefits of unrestricted free trade. They favor protectionism and advocate for self-sufficiency. To economic nationalists, markets are to be subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains (as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1984 Canadian Federal Election
The 1984 Canadian federal election was held on September 4, 1984, to elect members to the House of Commons of the 33rd Parliament of Canada. In one of the largest landslide victories in Canadian political history, the Progressive Conservative Party (PC Party), led by Brian Mulroney, defeated the incumbent governing Liberal Party led by Prime Minister John Turner. This was the first election since 1958 in which the PC Party won a majority government. Mulroney's victory came as a result of his building of a 'grand coalition' that comprised social conservatives from the West, Red Tories from the East, Quebec nationalists, and fiscal conservatives. Mulroney's PCs won the largest number of seats in Canadian history (at 211) and his party also won the second-largest percentage of seats in Canadian history (at 74.8%), only ranking behind Progressive Conservative Prime Minister John Diefenbaker's triumph in the 1958 federal election (at 78.5%). This was the last time that the winn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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