are a post World War II phenomenon. Their establishment in Africa‚ Asia and other developing countries in most cases coincided with the attainment of independence. Their mission being “to expedite the pace of development in accordance with the national priorities and aspirations of the people”. DFI’s fall into two broad categories viz. national DFI’s and regional DFI’s. Most of the national DFI’s in the developing world have been in existence for two to three decades. They were established to serve
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people. It does indeed create vast amounts of opportunities for both genders‚ yet it is biased to developed and industrialized nations. Globalization is hugely discriminatory against unskilled workers‚ most prominently women and children. In most countries‚ women bear the majority of the burdens created by globalization. Women and children are more adversely affected by globalization than men‚ as this segment faces less social equality. One institution in which this is directly depicted is that of
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represents a particular economic theory based on the belief that a liberalised‚ free market is desirable. Supporters of a free market economy believe that this approach promotes healthy competition. Countries can specialise in producing the goods they make most efficiently and export therese goods to other countries without restrictions. Only those who produce goods efficiently and at a competitive price will survive. Globalisation impacts virtually very aspect of life including religion‚ culture‚ diet
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can simply define as the allocation by a multinational firm of capital‚ managerial and technical asset from its home country to a host country. In FDI it had three components whereas: equity capital‚ reinvested earning and intra-company loans. Inflows of FDI stated as a net basis meanwhile outflow of FDI is the reporting economy comprise capital provided by a firm from host country. There were several types of foreign direct investment which is Multinational Corporation‚ transnational corporation
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one of the main foreign exchange incomes in many countries; it ranks fourth after fuels‚ chemicals and automotive products. In Thailand‚ tourism revenue reached US$ 33.5 billion in 2009. Yearly tourism revenue in Italy reaches about US$ 62 billion. China – the most populous country had the impressive tourism revenue which reached US$ 180 billion in 2009. Japan also earns US$ 10.8 billion from tourism per year. Not only in Vietnam – a developing country‚ tourism revenue holds 55% of the total foreign
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Internet Banking (with examples from Developed vs Developing Countries) Presented to: Bert Lind Presented by: Group No.1 • S101417 Shahid Javed • S104503 Mumtaz Ali • S104451 Asif Iqbal • S101291 Mm Mudassar • S101659 Muhammad Shahzad Abstract We have discussed internet banking and security issues. Then we have given comparison of internet banking in developed countries and developing countries on the basis of security and infrastructure issues. Examples of banks are given from Pakistan (HSBC) and
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greater interaction? Does it simply mean that due to internet revolution and other technological advances the world is now a village? Does globalisation represent the consumer and open up markets worldwide to their choice and preference? Does it mean countries are free to trade with each other without red tape and other barriers and tariffs? Though the precise definition of globalisation is still unavailable a few definitions worth viewing‚ Stephen Gill: defines globalisation as the reduction of transaction
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ascribed statuses and global stratification. One way neo-colonialism is highly visible‚ is in the presence of sweat shops or maquiladoras. Maquiladoras are sweat shops that are owned by multinational corporations that are common in developing and under-developed countries. These sweat-shops do not give their worker’s any rights. There is no job security‚ benefits‚ or retirement pensions. People work‚ until they can no longer work‚ and then perish. The worker is then replaced‚ possibly by his children
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Name: x Student NO.: 220083xxx Unit: PDAS 311 Unit Coordinator: Professor X Assignment: one Topic: one Due Date: Friday‚ 30 March 2012‚ 11:59 PM Words account: 2642
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Poverty is curse as far as developing and underdeveloped countries are concerned. Developed countries such as US are not faced with poverty as their population is provided well with material things‚ food‚ clothes and shelter. In fact‚ these countries enjoy luxuries rather than comforts. Developing nations such as India and underdeveloped African nations face acute poverty. Some of these countries are over populated and are unable to feed their millions. Many people experience starvation
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