Dollarization in Vietnam from 2007 to 2010 Overview of Dollarization 1 Definition Dollarization occurs when the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency in the whole or some parts of currency function. Nowadays‚ dollarization has become popular all over the world. 2 Classification ← Official dollarization Official dollarization occurs when foreign currency is only legal currency in the economy
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Introduction Corruption is a topic of interest and concern in academic circles‚ in the media‚ among people of different professions‚ within the civil service‚ among members of parliament‚ politicians‚ government officials‚ members of the business and financial communities‚ students‚ foreign investors‚ and so on. In other words‚ the term corruption is not new to Bangladesh. We all know that Bangladesh is one of the most corrupted country in the world. Bangladesh is the five times champions in corruption in
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Eastwind Trading Company. The potential opportunity and long term sustainability of Eastwind Trading Company lies in the uniqueness of their product. The Swanson pearls are the only remaining collection of handmade freshwater pearl buttons in the world. The amount is limited and cannot be easily duplicated due to current environmental condition. Therefore‚ the fact that no one else carries these types of buttons is the main competitive advantage the Eastwinds Trading Company posses. This exclusiveness
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GUIDEBOOK ON BUSINESS AND INVESTMENT IN VIETNAM BERLIN‚ 2011 FOREWORD Over the past two decades‚ Viet Nam’s economy has bee n developing rapidly owing to its “Doi moi” (Renovation) policy and activeness to integrate itself into the global economy. W ith its enormous efforts and determination‚ and effective cooperation with international partners and friends worldwide‚ Viet Nam is taking firm steps towards industrialization and modernization. With a stable political environment and great
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Political Corruption - Political corruption is one of the biggest problems in the United States government‚ but not just here in America‚ in other parts of the world as well. This global issue is making big headlines and it is all over the internet‚ yet people still don’t fully believe that U.S. politicians are corrupt. The people that are making all of the “under the table” deals have got the American people blinded with false promises. The national debt is growing and we‚ the people‚ are
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CORRUPTION IN CHINA The domestic challenges facing China during the next few decades are enormous. China faces serious corruption‚ increasing mass unrest‚ enlarged polarization in the personal and regional income distribution‚ increased unemployment and insufficient social safety net‚ shortages of energy and key resources for economic modernization‚ massive migrations from rural areas to urban areas‚ extensive bad debt held by state banks and deep problems in the financial sector‚ excessive public
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Corruption in Pakistan From the Newspaper January 17‚ 2011 Corruption has always been a big problem for Pakistan and is on the rise by the day. Apparently there are institutions like NAB‚ FIA and Ehtesab Bureau to curb corruption‚ but these have not succeeded in their efforts. According to Transparency International’s Corruption Perception Index‚ “In 2010‚ Pakistan stood at 34th number as compared to 42nd in 2009”. It means it has plunged eight more points in corruption. The irony is that before
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Corruption Greetings and good-after noon to all of you. My speech today will address the topiccorruption and especially political corruption. Everything in this era revolves around the decisionsmade by powerful people in society‚ particularly governmental people and politicians and many of them resort to misuse power for personal gains such as money‚ luxuries or even more power. Thismeans that corruption could make you gain a lot but it also means that you deprive certain people of a lot. This is
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DISCUSSION PAPER Anti-Corruption was the declared number one policy aim of the Olusegun Obasanjo administration. The success of this policy was‚ however‚ for various reasons not too impressive. Obasanjo ’s successor‚ President Umaru Yar ’Adua came to power promising to reform and continue the anti-corruption policy. But while the anti-graft agencies continued to arrest and arraign more individuals‚ including highly placed officials‚ for corruption‚ the general public expressed the view that the
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A. INTRODUCTION In 1988‚ graft and corruption in the Philippines was considered as the "biggest problem of all" by Jaime Cardinal Sin‚ the Archbishop of Manila. Then President Corazon C. Aquino likewise despaired that corruption has returned. In 1989‚ public perception was that "corrupt government officials are greater threat to the country" than the communist guerrillas. In 1992‚ former President Fidel V. Ramos considered graft and corruption as the third major hindrance towards attaining his development
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