In what ways has the sustained existence of a trade deficit influenced the conduct of macroeconomic policy in African states such as Tanzania? Since independence African states like Tanzania have sought to use macroeconomic policy to pursue economic development to meet their own agendas as independent states (Mkandawire‚ 2004‚ p295). States sought to assert their new status in the world whilst raising living standards for their people. The states’ ability to exhibit autonomy of action has been
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Global Financing and Exchange Rate Mechanisms Paper Global finance operations include financial procedures‚ such as accounting‚ financial planning and analysis‚ strategic planning‚ treasury‚ investor relations‚ and financial compliance. Exchange rate is the existing market cost for which one currency can be exchanged for another (Moffatt‚ n.d.). For instance‚ when the U.S. exchange rate for the Japanese Yen is ¥1.10‚ this means that 1 American Dollar can be exchanged for 1.1 Japanese Yen. The
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FINANCING CLIMATE CHANGE FOR ECONOMIC DEVELOPMENT (A CASE STUDY OF NIGERIA) Written By: ABORISADE OLUWASOGO OLANREWAJU SUBMITTED TO THE DEPARTMENT OF ACCOUNTING BANKING AND FINANCE OSUN STATE UNIVERSITY OSOGBO‚ OKUKU SUPERVISED BY: MR OLANREWAJU FATOKI ABSTRACT Climate change adaptation is increasingly becoming an area of growing interest and involvement for many developing countries that unfortunately bear the brunt of an overheating planet caused by developed or so called advanced
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W P S (DEPR) : 16 / 2012 RBI WORKING PAPER SERIES Sustainable Level of India’s Current Account Deficit Rajan Goyal DEPARTMENT OF ECONOMIC AND POLICY RESEARCH AUGUST 2012 The Reserve Bank of India (RBI) introduced the RBI Working Papers series in March 2011. These papers present research in progress of the staff members of RBI and are disseminated to elicit comments and further debate. The views expressed in these papers are those of authors and not that of RBI. Comments and observations
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Part I. The fundamental information of Walt Disney The Walt Disney Company‚ a diversified international company operated entertainment and recreational complexes‚ produced motion picture and television features‚ developed community real estate projects‚ and sold consumer products. The company was founded in 1938 as a successor to the animated motion picture business established by Walt and Roy Disney in 1923. The company operated the Disneyland amusement theme park in Anaheim‚ California‚ and
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Introduction The history of electricity development in Nigeria can be traced back to the end of the 19th century when the first generating power plant was installed in the city of Lagos in 1898. From then until 1950‚ the pattern of electricity development was in the form of individual electricity power undertaking scattered all over the towns. Some of the few undertaking were Federal Government bodies under the Public Works Department‚ some by the Native Authorities and others by the Municipal Authorities
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Project On Drought in Marathwada By – Sukhraj Rajput Roll No: 34 TYBMM Contain * Introduction * Definition of Drought * Marathwada Fall to Drought * Explanation of causes of Drought * Features of Drought * Impact of Globalization * Deforestation * Political View on Drought of Marathwada * Recognize the Impact of Drought on agriculture‚ Livestock‚ economy‚ farmers‚ country‚ environment and society. * Organic Farming * Design plan
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1. INTRODUCTION Nigeria is committed to a national environmental policy that will ensure sustainable development based on proper management of the environment. This demands positive and realistic planning that balances human needs against the carrying capacity of the environment. This requires that a number of complementary policies‚ strategies and management approaches are put in place which should ensure‚ among others‚ that: * * * environmental concerns are integrated into major
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the aridity index of the country is adding further to the significance of water in any developmental activity in Pakistan. Though‚ once a water surplus country due to huge water resources of the Indus River System‚ Pakistan is fast becoming a water deficit country. The present annual per capita water availability in Pakistan is about 920 cubic metres‚ which is far below the minimum recommended level of 2000 cubic meters. 2. As an outcome of the Indus Water Treaty‚ Pakistan had undertaken an ambitious
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The US Current Account Deficit Case Analysis 1 The large US current account deficit is attributed to a widening trade imbalance which accounts for 87% of the US deficit (see Exhibit 1). The trade deficit is the result of globalization‚ consumer spending‚ and large current account surpluses found in China‚ oil exporting countries‚ and Russia totaling a combined surplus of $920B in 2008 (see Exhibit 2). Globalization of production resulting from low labor costs in China and other emerging markets
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