The Economics of the Government With regards to macro-economics‚ the government has four major objectives: Low unemployment‚ price stability‚ economic growth that is both and strong and sustainable‚ and a solid equilibrium. These objectives are evident across recent economically successful nations. We will look into how these objectives affect the economy as a whole. We will also look at limitations that arise when governments attempt to simultaneously achieve in these objectives. How do these
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In the past‚ English law has been underpinned by a strong and generally unifying desire to protect the rights of persons who could demonstrate a long established de facto enjoyment of land. Indeed‚ the Prescription Act 1832 legislatively entrenched prescription‚ and in particular‚ prescriptive easements. The underlying assumption was that the principle of prescription was necessary to reconcile the conflicting interests of landowners The basis of prescription is that if long enjoyment of a lawful
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half-a-dozen farmers’ protests‚ and an economic slowdown later‚ it is time for the Ministry of Commerce to admit that the policy has been a damp squib on the economic front. Developers who were falling over each other to get their SEZ plans approved seem to be looking for greener pastures‚ as they now line up to get their SEZs denotified or withdrawn. Many others continue to seek extensions to their in-principle approvals‚ even as they experience problems accessing land or coming up with the requisite finances
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Introduction By English land law is meant the land law of England and Wales‚ two of the four parts of the United Kingdom of Great Britain and Northern Ireland‚ the other two parts being Scotland and Northern Ireland. England and Wales use the same land law‚ and Northern Ireland (like the Irish Republic) also uses English land law‚ but subject to the legislation of its own Parliament. There is‚ therefore‚ no such thing as British land law. The English Land law can only be explained by an elaborate
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Land Law Leases 1. Introduction Leases in general may be the most valuable category of interest in land other than freehold estate. A lease may also constitute a legal estate. In some cases‚ such as flats‚ it may even replace freehold as the operational form of “ownership”. On the other hand‚ a lease is also a contract between two parties. It serves important social functions‚ sometimes much more than land ownership‚ and therefore has been receiving unyielding attention from the legislature
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Question 1 This Problem concerns the enforceability and remedies of leasehold covenants between landlords and tenants‚ and their successors in title. The ground floor lease is granted before 1 January 1996 and so the covenants are governed by a mixture of statute and common law. The first and second floor leases were granted in 2001 after the coming into force of the Landlord and Tenant (Covenant) Act 1995 and are dealt with under this statutory regime. Ground Floor On the facts the original
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Fiscal Sector Reforms 7 Challenges Ahead 8 Current India 14 Pre-Liberalisation age: A struggle Indian was under social democratic policies from 1947 to 1991. The economy was characterised by extensive regulation‚ protectionism‚ public ownership‚ persasive corruption and slow growth. Indian economic policy after independence was influenced by colonial experinece‚ which was seen by Indian leaders as exploitative‚ and by those leaders’ exposure to democratic socialism as well as the progress
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THE INDIAN ECONOMIC ENVIRONMENT Companies and their suppliers‚ marketing intermediaries‚ customers‚ competitors‚ and publics all operate in a macro environment of forces and trends‚ increasingly global‚ which shape opportunities and pose threats. These forces represent “non-controllables”‚ which the company must monitor and to which it must respond. The beginning of the new century brought a series of new challenges: the steep decline of the stock market‚ which affected savings‚ investment
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factors of production called as land‚ labor‚ capital and organization. In modern economics‚ enterprise has come to occupy a very important role in production so as to deal with that on a separate footing as an agent of production. Production‚ according to Hicks‚ is "any activity directed to the satisfaction of other people’s wants through exchange". Production in economics means creation of economic utilities‚ as man cannot produce matter. He can only work upon matter so as to make it more useful for
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QUESTION 1 The land laws of Malaysia are contained in the main pieces of legislation. What are they? The National Land Code 1965 was made effective from 1st of January 1966. It was enacted to ensure uniformity of land laws and land policies with respect to land tenure‚ registration of titles relating to land‚ transfer of land‚ leases‚ charges in respect of land‚ easements and other rights and interests inland. Some of the contents of National Land Code 1965 are as follows: indefeasible title
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