herself as an independent state‚ no more under foreign control and went through a major change in its economic stage adopting a policy of drastic change. The Yalta conference held in 1945 established the Polish Provisional Government of National Unity and called for fair elections. However‚ the communist party‚ under influence of the powerful Soviet Russia‚ controlled the elections‚ thus creating a regime that followed the communist ideals: a centrally planned economy based on the principle of equality
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Country Profile: Cuba‚ September 2006 COUNTRY PROFILE: CUBA September 2006 COUNTRY Formal Name: Republic of Cuba (República de Cuba). Short Form: Cuba. Term for Citizen(s): Cuban(s). Click to Enlarge Image Capital: La Habana (Havana). Term for residents: Habaneros (males)‚ Habaneras (females). Major Cities: Cuba’s six largest cities (more than 200‚000 inhabitants) in order of population (2005 estimates‚ not including urban agglomerations) are Havana (2‚201‚610)‚ Santiago de Cuba (423‚392)‚ Camagüey
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Cuba. This island is known everywhere in the world. Everybody knows such names as Fidel Castro and Che Guevara. Also Cuba is associated with Caribbean crisis‚ which had frightened both the U.S.A. and USSR. That’s all that common person knows about this land and nation famous for specific culture and interesting history (especially of the 20th century). Cuba has always been a region of American interests in the Caribbean Sea and its 45-year resistance against capitalism (in fact – American politics)
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Written Report Case: The Collapse of Barings Derivatives & Risk Control The Collapse of Barings: The Events and The Aftermath Group Write-up Written Report Case: The Collapse of Barings Executive Summary Barings Bank after two centuries of successful operations became a victim of a rogue trader. US$1.3 billion in losses outweighed bank’s own capital of US$850 million. Management negligence‚ lack of internal controls‚ poor risk management and excessive risk-taking strategy brought the bank
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On Constructing a Market Consistent Economic Scenario Generator Ebba K. Baldvinsdóttir & Lina Palmborg March 4‚ 2011 Abstract Recently the insurance industry has started to realise the importance of properly managing options and guarantees embedded in insurance contracts. Interest rates have been low in the last few years‚ which means that minimum interest rate guarantees have moved from being far out-of-the money to expiring inthe-money. As a result‚ many insurance companies have experienced
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Why did the Tsarist regime collapse in 1917? ‘By the beginning of 1917‚ tsarism was rotting from within.’(1) Romanov’s had ruled Russia since 1613 but people were unhappy and the Tsarist regime was due to collapse for and it was inevitable that it would happen soon‚ it finally did under Tsar Nicholas II in 1917. There were many factors as to why the Tsarist regime collapsed some of the most important were Tsar’s personality‚ political opposition ‚peasants and workers and The World War I. One of
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Economic systems doesn’t remain static as they are always in transition. They are determined by history and culture of their people. A transition economy is an economy which is changing from a centrally planned economy to a free market. Transition economies undergo economic liberalization‚ where market forces set prices rather than a central planning organization. In addition to this trade barriers are removed‚ there is a push to privatize state-owned businesses and resources‚ and a financial sector
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PAGE NO. 1. Introduction 4-6 THE INDIAN ECONOMY 2. Pre colonial‚ colonial and post-colonial India 7- 15 3. Indian Planning Commission & Liberalisation 16- 20 4. India’s Economic Reforms and Currency Devaluation 21- 29 5. The Five Year Plans In India 30- 56 6. Fiscal Policy of India 57- 63 7. Monetary Policy of India
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------------------------------------------------- VIETNAM – Transition throughout the years Background: Vietnam was conquered by France in 1884 and became part of French Indochina in 1887. It was declared independent after World War II‚ but still ruled by France until 1954; eventually dividing into Communist North and anti-Communist South (led by the Americans). Planned Economy: In 1975 North Vietnam overran the South‚ and reuniting Vietnam under the Communist rule. This is technically the first transition of the economy. The
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Nanjing. Many events occurred during the six week period. The event at Nanjing is called many names such as rape‚ massacre‚ battle‚ or invasion. It is still debated on the appropriate term to be used to describe the event at Nanjing. A massacre would be the most appropriate term for the next textbook for ninth graders to describe the event at Nanjing because the Japanese army murdered about 300‚000 Chinese people whereas the amount of Japanese killed could not even compare. The event at Nanjing
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