such as cocoa‚ groundnuts‚ palm produce and rubber. Starting from a low technological base after political independence in 1960‚ the country embarked on the arduous task of building a state with one identity by integrating the different ethnicities and transforming the barter economy into financial exchange economy. The country provided infrastructure and social amenities for a very young population. Over the years‚ policies were pursued in order to achieve the goal of a balanced national development
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Banks NPA and Impact on Indian Economy Introduction:- A well organized and efficient banking system is a pre-requisite for economic growth. Banks play an important role in the functioning of organized money market. in order to meet the banking needs of various sections of the society‚ a large network of bank branches has been established. There are four type of banking institutions. a- Commercial Banks b- Regional Rural Banks c- Co-operative Banks d- Development Banks (Term
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its Impact on the U.S. Economy Abstract The international trade sector of the U.S. economy continues to draw attention in economic and political circles. It is true that‚ the international market has become increasingly important as a source of demand for U.S. production and a source of supply for U.S. consumption. Indeed‚ it is substantially more important than is implied by the usual measures that relate the size of the international sector to the overall economy. This
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and policies adopted by Stalin‚ including centralization‚ totalitarianism and communism‚ impacted‚ to an extent‚ on the soviet state until 1941. After competing with prominent Bolshevik party members Stalin emerged as the sole leader of the party in 1929. From this moment‚ Stalinism pervaded every level of society. Despite the hindrance caused by the bureaucracy‚ the impact of Stalinism was achieved through the implementation of collectivization and the 5-year plans‚ Stalin’s Political domination and
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2008) ISSN: 1520-5509 Clarion University of Pennsylvania‚ Clarion‚ Pennsylvania THE IMPACT OF EXTERNAL DEBT ON ECONOMIC GROWTH: A COMPARATIVE STUDY OF NIGERIA AND SOUTH AFRICA Folorunso S. Ayadi University of Lagos Felix O. Ayadi Texas Southern University Abstract This paper investigates the impact of the huge external debt‚ with its servicing requirements‚ on economic growth of the Nigerian and South African economies. The external debts of Nigeria and South Africa are analyzed in a new context utilizing
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The Impact of Financial crisis of 2007 on the USA Economy Names Mohammed AlAjmi MANSOUR AL-AHMADI OMAR AL-AL-SHAIKH HUSSAIN AL-ALI ABDULLAH AL-AMER YOUSEF ABABUTAIN Course Fin 410 Prepared for Dr. Ahmed Khalifa Date 20th of December 2011 4492 words Table of Contents I Financial Crisis and Its Causes 1 II Macroeconomic variables 3 A. GDP 3 B. Unemployment 7 C. Inflation 11 D. Exports and Imports 13 II. Government efforts to overcome the crisis 13 A. Government
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change is one source of structural unemployment. First‚ the impact of technology on employment is that there will be massive unemployment as technological changes increases. Few studies predict large employment losses from such changes. Neither does it appear that‚ as a result of technological change. The skills required to get a job or keep a job in the future will be substantially
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Positive impact of MNC & FDI Positive impact of MNC & FDI International Political Economy Second exam J.C. Odencrantz 4/24/2012 TN Gilpin writes that “opinions corporate on differs greatly over the significant for international and domestic economic affairs of the Globalization of corporate activities” explore how MNCs and FDI impact domestic and international economies using one of the perspectives discussed by Gilpin (perspectives can be from business economics or political
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Impact of 2012 Olympics on the UK Economy Introduction Until 16th July 2012‚ there are only 11 days left for the Olympics games held in London‚ on 27th July 2012. Beside the games‚ people also focus on how this momentous event will affect the UK’s economy as UK’s economy is currently suffering from the recession. Will the games attract world attention as well as huge economical benefits to UK? The objective of this essay is to investigate the economic impact of the London 2012 Olympics on the UK
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European Scientific Journal May edition vol. 8‚ No.9 ISSN: 1857 – 7881 (Print) e - ISSN 1857- 7431 LABOR AND BANKING SECTOR REFORMS IN NIGERIA Idowu Oluwatoyin Frederick Department of industrial relations and public administration Lagos state university‚ Ojo‚ Nigeria.. Abstract The regime of banking sector reforms leading to recapitalization and consolidation in Nigeria and the consequent merger and or acquisition of existing banks into twenty five (25) by 2005‚ and later eighteen (18) by 2012
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