Global development is entering a phase where entrepreneurship will increasingly play a more important role. There are at least three reasons for this‚ each particular to certain types of countries. Firstly‚ in the West‚ the managed economy of the 1970s-2000s‚ characterized by reliance on big business and mass production‚ has given way to a so-called entrepreneurial economy. Here knowledge-driven goods and services are now more flexibly provided by smaller firms‚ and the emergence of a creative class
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Democracy and Economic Development* Adam Przeworski Department of Politics New York University I examine the mutual relation between political regimes and economic development. An analysis of regime dynamics shows that while the paths to democracy are varied‚ once established for whatever reasons‚ democracies survive in developed countries. Contrary to long-standing arguments‚ political regimes do not affect the rate of investment and of the growth of total income. But since population grows
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NIGERIA INTRODUCTION Hello‚ my name is Mesoma Ejeh and I’ll be talking about Nigeria. Off all the feautures of Nigeria that acronym missed a very important one.It’s my home.Probably 98% of this class knows little to nothing about Nigeria so I will cover our foods and drinks‚our people and culture‚our fashion and its impact to the world and Nigeria’s location‚season‚weather and cilmate. For Starters Nigeria is in west Africa.North of Nigeria would be Niger‚ south‚ the Atlantic Ocean and the
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(2004): MTEF Manual for Central Government: Zambia. 3. Mudenda Dale‚ (2005). The budgeting Processes and Economic Governance in Zambia: A Literature Review. 4. Bolnick Bruce‚ (1995): Establishing Fiscal Discipline: the Cash budget in Zambia. 5. Dinh Hinh‚ (2000) Cash Budget in Zambia: Stabilizations versus Growth and Poverty Reduction. 6. Mwanawina‚ I‚ M‚ (2002): Transparency and participation in the budgeting process: Zambia Country Report. 7. Mwansa John‚ (2005): Zambia Public Financial Management
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The Misconceptions of "Development Economics" The main idea in this article is how much and what kind of government intervention should take place in developing countries. Some believe lassez-faire is the solution‚ while many believe a dirigiste dogma government is needed. There are also ways of reducing poverty and distributing assets in order for countries to become more developed. Lassez-faire will only work efficiently if perfect competition is present. This is very unlikely to happen
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Throughout 1607 to 1750 colonies in Massachusetts and Virginia were being settled and growing. These two states grew up very different from each other in aspects such as their economic development and it’s affect on their politics. In 1607‚ Jamestown in Virginia was the first permanent English settlement. It was in the Chesapeake Bay area. The people abroad the ships had ideas in their heads of digging and mining to find ways of obtaining gold‚ silver‚ and copper. It was their incentive to
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INTRODUCTION The role of the Nigerian Capital Market in raising or mobilising medium to long term funds for both micro and macro development sub-sectors have been commendable in recent times. The main institutions in the capital market include – the Securities and Exchange Commission (SEC)‚ which is the apex body and serves as the regulatory authority of the market; the Nigerian Stock Exchange (NSE); the Issuing Houses; and the Stock Firms. Stressful development demand in modern times‚ as well as the
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GOVERNMENT BUDGETING IN THE PHILIPPINES * BUDGET PRINCIPLES The term “budget” may be traced back to the Latin word “bulga”‚ which literally means bag or purse. Some scholars however seem to favor its deviations from the middle English “bouget”‚ meaning bag or wallet. It applied to the leather bag carried by the Chancellor of the Exchequer to parliament and contained the documents explaining the needs and resources of the country. As government changed and developed‚ the “budget” took on a much
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INSTITUTIONAL DEVELOPMENT AS A CHALLENGE TO DEMOCRATIC SUSTENANCE IN NIGERIA Based on the journal‚ International Studies 44‚ 3 (2007): 217-33‚ by Sarabjit Kaur was mentioned about Institutional Development as a Challenge to Democratic Sustenance in Nigeria. Democracy is one of the important thing that must have in social‚ economic and political in nature. In the development of countries usually because of economic and social conditions that helped in the sustenance of democracy but it was primarily
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www.ccsenet.org/ijef International Journal of Economics and Finance Vol. 4‚ No. 1; January 2012 Adopting Strategic Management Approach in the Capital Market Development: The Nigerian Case Augustine‚ UJUNWA‚ Ph.D (Corresponding author) Department of Banking and Finance‚ University of Nigeria‚ Enugu Campus Tel: 234-803-501-0116 E-mail: austinesilver@yahoo.com Nwanneka Judith‚ MODEBE Department of Banking and Finance‚ University of Nigeria‚ Enugu Campus Tel: 234-703-066-2470 Received: July 25‚ 2011
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