fields of international development‚ healthcare‚ and politics. “Warren Buffett‚ probably the world’s most successful investor‚ has said that anything good that happened to him could be traced back to the fact that he was born in the right country‚ the United States‚ at the right time (1930)”. None of us has a say in where he is born‚ but we can do something about it for our children. I therefore wish to discuss each factor associated with quality of life as related to Nigeria and plead for suggestions
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Integrated Rural Economic Development Summary: Project E3 is a Public‚ Private and Community Partnership Project for creating a sustainable Rural Economic Development Telecentre Network to help grass root youth women farmers and micro businessmen to improve their quality of life through economic inclusion through innovative use of ICT. Project E3 used ICT for effective addressing of rural Telecentre economic problems implementing a local language based e business development program across 6o
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Campus on Wednesday‚ November 17‚ 2010. The lecturer‚ According to Mr. Anderson‚ Corruption can be defined as the misuse of entrusted power for private benefits‚ in other words‚ use of official position‚ rank or status by an office keeper for personal use. The speaker elaborates on universal corruption in countries that are developed and developing‚ private and public sectors. Allegations and charges of corruption play a central role in politics than any other time. Governments have fallen careers
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structure to banking in Nigeria is a relatively recent invention. Prior to 1952 there was no legislation governing the banking system in Nigeria. The British Bank of West Africa (BBWA) started operating in Nigeria by the year 1892. After the BBWA‚ Barclays Bank became the second expatriate bank to operate in Nigeria by the year 1917. The first indigenous bank‚ The Bank of Nigeria was founded in the year 1933 and also operated successfully. After the World War 11‚ British rule over Nigeria weakened with the
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time‚ scholars have defined the term in different ways. • 1803: Jean-Baptiste Say: An entrepreneur is an economic agent who unites all means of production- land of one‚ the labour of another and the capital of yet another and thus produces a product. By selling the product in the market he pays rent of land‚ wages to labour‚ interest on capital and what remains is his profit. He shifts economic resources out of an area of lower and into an area of higher productivity and greater yield. • 1934: Schumpeter:
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The social and economic significance of tourism development on a global scale After studying and understanding how deeply tourism development has significantly impacted on the world‚ I have noticed how closely that the social and economic factors are related‚ and how both of these aspects have direct effect on both tourists‚ and the people that permanently reside at destinations that have been extremely popular amongst tourists. The understanding of how economic and social factors interrelate
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THE SCHUMPETERIAN THEORY OF ECONOMIC GROWTH AND DEVELOPMENT Schumpeter assumes a perfectly competitive economy‚ which is in stationary equilibrium. In such a stationary state‚ there is perfect competitive equilibrium‚ no profits no interest rates‚ no saving‚ no investment and no involuntary unemployment. This equilibrium is characterized by what Schumpeter terms as “circular flow” which continues to repeat itself in the same manner year after year. In the circular flow‚ the same products are produced
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Lord Ashcroft International Business School (LAIBS) International Business Department: International Business‚ Strategy and Economics Module Code: MOD001055 Academic Year: 2012/13 Semester/Trimester: 1 Lord Ashcroft International Business School (LAIBS) International Business Department: International Business‚ Strategy and Economics Module Code: MOD001055 Academic Year: 2012/13 Semester/Trimester: 1 Contents 1. Key Information 2 2. Introduction to the
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What is corruption? Corruption is the abuse of entrusted power for private gain. It is damaging to a country because decisions are taken not for the public benefit but to serve private interests. Corruption undermines good governance‚ fundamentally distorts public policy‚ leads to misallocation of resources‚ and particularly hurts the poor. There is a case in 29th July 1995‚ where the collapse of the Sampoong Superstore in Seoul‚ South Korea‚ represents an example of a structural collapse attributed
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Challenges Faced by a Country for Economic Development: An economy is flourishing and is shown to be beneficial and fruitful for the people living in it only when the growth of the economy goes up continuously. It is essential for a country to not only develop politically or socially but it also needs to demonstrate economic development in order to sustain in the international market and in order to come ahead of other countries. But it is not very easy for any economy to economically keep growing
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