Culture: a vehicle for economic development Cultural industries: Culture is a powerful global economic engine generating jobs and income with a value of US $1.3 trillion in 2005. Global cultural industries account for more than 7% g global GDP During the 1990s‚ the cultural industries grew at an annual rate twice that of service industries and four times that of manufacturing in OECD countries (2009 UWR). However‚ infrastructure investments are needed in the South to enhance and support cultural
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of financial liberalisation (FL) on economic development in less developed countries (LDC). The paper is divided into several sections; the first examines the concept of financial repression and the second introduces the Mckinnon-Shaw thesis of financial liberalisation; section three looks at the critique of Mckinnon-Shaw thesis. This paper presents some evidence that will indicate a positive relationship between financial liberalisation and economic development (e.g. growth rate). However‚ this relationship
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Ryan Willis West Professor J. Paul Newman Discuss the function and structure of the three major components of the criminal justice system (law enforcement‚ courts and corrections). Law enforcement is the beginning component in the criminal justice system. The people involved in this component are as follows; patrol officers‚ deputies‚ sheriffs‚ federal agents‚ wild game rangers‚ park rangers‚ and last but not least detectives as well any other people that typically come in contact with criminals first
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ROLE OF CONSTRUCTION IN ECONOMIC DEVELOPMENT Provides for economic development and expansion of economic activities Major consumer of physical and natural resources Produces waste Pollutes environment BUILDING MATERIALS “You employ stone‚ wood and concrete and with these materials‚ you build homes and places: that is construction” – Le Corbusier Attitudes Towards Building Materials Possibilities and appropriateness Attitudes Efficiency of use (engineering point of view) Adequacy
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Guidelines for Writing the three major parts of the Literature Review (Introduction‚ Literature‚ and Discussion) follow. Directions Do not begin typing until you see the level heading - An Overview and Purpose in your template. The Guidelines are organized by LECTURES and INSTRUCTIONS. Lectures and related reading material are included to assist in developing each part of the Review. Where there is to be writing‚ there are specific Instructions as what is to be included under each
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Difference between Economic Growth and Economic Development :- Economic Growth is an issue considered by economically developed countries which have utilized many of their resources and now plan to expand even further by growth. It is a narrower concept than Economic Development as it focuses on the further increase of the national output of a country by increasing the quality of resources‚ the quantity produced and increasing utilization by every sector of the economy. We can also say it is defined
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Economic growth has been used with other terms such as development‚ modernization‚ westernization and industrialization. It is‚ in other words‚ a transition from a simple‚ low-income economy to a modern‚ high- income economy. Its scope includes the process and policies by which a nation improves the economic‚ political‚ and social well-being of its people. Though it is often measured by rate of change of gross domestic product‚ it is generally understood in terms of increase in per capita income
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1. Exercise 2: Poverty trends Update the Table 1 of “Halving global poverty”. Download from the World Development Indicators database the following data: * Poverty headcount ratio at $1.25 a day (PPP) (% of population) * Population‚ total For the main geographic areas of Table 1‚ and since 1990 2. Calculate the number of poor Geographic Region (developing) | 1990 | 1993 | 1996 | 1999 | 2002 | 2005 | 2008 | Europe & Central Asia | 7‚482‚812 |
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The 1920s had seen robust economic growth in the United States. Mass-production techniques and the growing availability of electricity allowed industries to increase their output—and profits—dramatically. Employment levels surged‚ and many workers saw improvements in their standards of living. Consumer demand for new products also drove creation of new loan programs: for the first time middle-class Americans were able to purchase such goods as refrigerators‚ washing machines‚ and automobiles by making
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was an attempt to create a new Southern society and heal the terrible wounds between the North and South. The three main goals of the Reconstruction were to "protect the rights of the freed slaves‚ rebuild the South ’s devastated economy‚ and enforce the loyalty of the ex-confederates . In spite of tremendous efforts‚ the Reconstruction Period failed to completely accomplish any of the three goals‚ but it was especially lacking in its attempts to make Blacks and whites equal and was a time of intense
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