The Impact of Tourism on Economy of Singapore Introduction Located in the southern tip of Malay Peninsula‚ Singapore is a sovereign city-state and island country in Southeast Asia. By 2012‚ the population of the country was 5.3 million‚ composed by 62 percent citizens and 38 percent permanent residents or foreigners. As a small country with limited resources‚ it is strategized to develop itself as a trading-based and tourism-based country. In 2013‚ there were 15.6 million tourists visited the country
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Reasons for GATT to be carved into WTO GATT faced many problems‚ with the world trade becoming more and more complex‚ GATT was unable to deal with it. Eg. In the agriculture sector‚ loopholes in the multilateral system were heavily exploited‚ and efforts at liberalizing agricultural trade met with little success. In the textiles and clothing sector‚ an exception to GATT’s normal disciplines was negotiated in the 1960s and early 1970s‚ leading to the Multifibre Arrangement. Even GATT’s dispute settlement
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Dear Adri The fact you cant make the effort and sacrifice one night out with your friends to be with your boyfriend‚ who uve had one conversation with in one week makes me disappointed. 3 nights ago‚ You decided to spend the time with Marco and Lori after work at the black and white and told me you were coming home. Insted you went out to Catania and after i waited 3 hours you came home drunk and stoned and said u were going to bed. I said i was i waited all night to talk to u. You agreed to
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Though‚ despite this shortage of investment‚ these countries have developed a strong urge for industrialization and economic development. As we know the need for Foreign capital arises due to shortage from domestic side and other reasons. Indian economy has experienced the problem of capital in many instances. While planning to start the steel companies under government control‚ due to shortage of resources it has taken the aid of foreign countries. Likewise we have received aid from Russia‚ Britain
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1.1 BACKGROUND OF THE STUDY In the age of capitalism the Multinational Companies are the part and parcel of the economy of a country.A Multinational Company is company which is originated in a country (home) and expands its activities through the world. The Indian Sub-continent has been an exquisite land of attraction for the businessmen since a long been.Bangladesh‚ after achieving birth in 1971 had become a fascinating body by the MNCs. As capitalization is going on through the world the MNCs
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What is globalisation and its impact on indian economy? A. First about globalisation‚ its meaning‚ dimensions‚ measurment and content perspectives: Globalization is the increasing interconnection of people and places as a result of advances in transport‚ communication‚ and information technologies that causes political‚ economic‚ and cultural convergenceThe word "globalization" can be traced back to 1944. The term has been used by economists since 1981; however‚ its concepts did not permeate
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OF FDI: There has been a marked increase in both the flow and stock of FDI in the world economy over the last 30 years. FDI has grown more rapidly than world trade and world output because: Firms still fear the threat of protectionism. The general shift toward democratic political institutions and free market economies has encouraged FDI. The globalization of the world economy is having a positive impact on the volume of FDI as firms undertake FDI to ensure they have a significant presence in
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The Impact of Globalization on US Economy Globalization is a good thing. However‚ its implications on economies are not entirely rosy. There are people who have been negatively affected by globalization. Globalization has resulted to more jobs‚ and generated more wealth something that cannot be said of everyone. People in developed nations have been hurt by it. Americans are one such lot. Factories have closed and moved to locations such as China‚ Vietnam and Mexico. The factories that have remained
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IMPACT OF THE INFORMAL ECONOMY ON DEVELOPMENT. What is Informal economy? Simply put the informal economy refers to those economic activities that are neither taxed nor monitored by a government and are therefore not included in that government ’s Gross National Product (GNP) However in literature this phenomenon is discussed using different concepts such as informal‚ unofficial‚ irregular‚ parallel second underground‚ underground‚ grey markets‚ subterranean‚ hidden‚ invisible‚ unrecorded
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Nigeria discriminates against the agricultural sector. Foreign countries should increase investment in Nigeria’s agricultural sector so as to mitigate capital inadequate faced by key stakeholders of the sector and increase agricultural GDP. Also‚ efforts should be intensified by government and other stakeholders to make the sector more attractive to foreign investors.
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