Inclusive Growth and Poverty Reduction in Africa The Experience of Zambia Dr. Francis Chigunta Overview • After stagnating for much of its post‐colonial history‚ economic performance in Africa has improved remarkably in recent times • Average of 5.6 per cent a year • Africa was one of the fastest growing regions in the World from 2001 to 2008 • Despite the global economic crisis Africa’s ‘robust’ growth has since resumed. • 4.8 %on average in 2011 (World Bank)‚ with the • 5.2% (International Monetary Fund)
Premium Poverty Economics
primary and secondary data. However‚ for the primary data the questionnaire was used to solicit responses from the respondents. In conclusion economic recession‚ governmental policy‚ employment of expatriates and trade union wage demand increase the rate of unemployment. The study emphasis that planning for human resources use in Nigeria has been based on guesswork and needs reevaluation. Keywords: Unemployment‚ Human resource planning‚ Graduates‚ Economy. 142 British Journal of Arts and Social
Premium Unemployment
ENTREPRENEURIAL GROWTH IN INDIA -M.INFANTINA SANRA IVA II-B.COM II- Contents: ENTREPRENEURSHIP IN INDIA: -DURING PRE-INDEPENDENCE PERIOD -DURING POST INDEPENDENCE SCOPE OF ENTREPRENEURSHIP IN INDIA FACTORS AFFECTING THE GROWTH ENTREPRENEURSHIP INIATIVES IN INDIA INTRODUCTION: INDIA IS A NATION SETTING OUT ON A PATH OF SUSTAINED ECONOMIC GROWTH FOR DECADES TO COME. ENTREPRENEURSHIP IS NECESSARY FOR FUELING IDEAS AND CHANGING THEM INTO EVOLUTIONARY OR REVOLUTIONARY PRODUCTS
Premium Entrepreneurship Economics Economic growth
Economic Growth Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product‚ or real GDP. Growth is usually calculated in real terms‚ i.e. inflation-adjusted terms‚ in order to obviate the distorting effect of inflation on the price of the goods produced. Economic growth typically refers to growth of potential output‚ i.e.‚ production at "full employment". It
Premium Economic growth Gross domestic product Economics
Contribution of Agriculture and Petroleum Sector to the Growth and Development of the Nigerian Economy from 1960-2010 By 1 1 Aminu Umaru and 2Anono Abdulrahman Zubairu Department of Economics & 2Department of Management Technology School of Management and Information Technology Modibbo Adama University of Technology‚ Yola‚ Adamawa State‚ Nigeria. Abstract This paper investigates the contribution of agricultural sector and petroleum sector to the economic growth and development (GDP) of the Nigerian economy
Premium Economics Agriculture Economy
How can India achieve inclusive growth to prevent the gap between rich and poor from widening? Inclusive Growth: A Paradox In Interests An essay by Hamza Ali‚ The University of Hull‚ UK Indian self reliance is a pipe dream that has consumed many of its greatest minds in the past half century. Its proponents often cite the litany of problems facing a nation whose population stretches to 1.1 billion and has hundreds of millions of people living in abject poverty
Premium Electricity generation Wind power Electricity distribution
Exchange Rate December 2014 THE EXCHANGE RATE KEY DEFINITIONS AND CONCEPTS 1. How is the exchange rate defined? The exchange rate is the price of a unit of foreign currency in terms of the domestic currency. In the Philippines‚ for instance‚ the exchange rate is conventionally expressed as the value of one US dollar in peso equivalent. For example‚ US$1 = P44.00. In every exchange rate quotation‚ therefore‚ there are always two currencies involved. 2. Why is the exchange rate important? The exchange
Premium Foreign exchange market Exchange rate
Areas of growth and decline in the primary‚ secondary and tertiary classifications of business activities Firstly the primary sector‚ obtain or produces raw goods. The secondary sector manufactures and constructs goods. Finally the tertiary sector provides services to businesses and/or individuals. Over time whole sectors can grow or decline. Absolute growth or decline means that on its own a sector is getting bigger or smaller. If this type of decline happened continuously‚ one day a sector
Premium Industry Organic food Tertiary sector of the economy
Chapter 1 Role of Financial Markets and Institutions 1. Financial market participants who provide funds are called A) deficit units. B) surplus units. C) primary units. D) secondary units. 2. The main provider(s) of funds to the U.S. Treasury is (are) A) households and businesses. B) foreign financial institutions
Premium Supply and demand Inflation Bond
Economic growth is considered as one of the most essential parts of the economics‚ and it is defined an increase of goods and services of a country within certain period (Acemoglu‚ 2012). Modis (2013) claimed that‚ this economic growth conception particularly relates to the growth of potential output and production which is measured by gross domestic product per capita (GDP). Economic growth ideology has a long history‚ though it has been existed since the mid-18th‚ economic growth has dominated
Premium Economic growth Economics Macroeconomics