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Djoko Susanto, born Kwok Kwie Fo (Chinese: 郭貴和; pinyin: Guō Guì Hé; Pe̍h-ōe-jī: Kueh Kùi Hām; born 9 February 1950) is an Indonesian entrepreneur, successful businessman and well known as a new billionaire of Indonesia since 2011.
PT Sumber Alfaria Trijaya Tbk or Alfamart is a primarily-franchised Indonesian convenience store chain. As of June 2023, it has over 18,000 stores in 27 provinces spread across Indonesia , with 4 million daily customers and tens of thousands of micro, small and medium-scale business partners. [ 1 ]
Stiglitz notes how Trump framed the United States as the victim of globalization, when it fact, many of the specific agreements his campaign took issues with were instigated at the behest of the US, primarily to its benefit, or at least, the benefit of the American business community, who, in the case of NAFTA, offshored large swathes of the US ...
In economics, an externality is an indirect cost (external cost) or benefit (external benefit) to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced components that are involved in either consumer or producer consumption.
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]
Klaus Schwab, founder and Executive Chairman of the World Economic Forum, Richard Baldwin and Philippe Martin have divided the history of globalization into four eras: Globalization 1.0 was before World War I, Globalization 2.0 was after World War II "when trade in goods was combined with complementary Globalization 3.0, for which other terms ...
Dictionary.com named the word "Era" the "Vibe of the Year" of 2023. Grant Barrett, head of lexicography at the firm, opined that they "saw a real surge in the use of eras across popular culture" in 2023, owing to the Eras Tour, "the year's most high-profile, record-setting, impossible-to-ignore cultural phenomenon". [ 220 ]
In welfare economics, the compensation principle refers to a decision rule used to select between pairs of alternative feasible social states. One of these states is the hypothetical point of departure ("the original state").