Economic growth Economic growth has two meanings: 1. Firstly‚ and most commonly‚ growth is defined as an increase in the output that an economy produces over a period of time‚ the minimum being two consecutive quarters. 2. The second meaning of economic growth is an increase in what an economy can produce if it is using all its scarce resources. An increase in an economy’s productive potential can be shown by an outward shift in the economy’s production possibility frontier (PPF). The simplest
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Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 2‚ No 3‚ 2011 www.iiste.org The Role of Capital Market on Economic Growth in Nigeria (19802008) Usman Owolabi Akeem‚ Phd Faculty of ManagementScience‚PMB4000‚ LAUTECH‚Ogbomoso‚Nigeria e-mail-labisky@yahoo.com‚ Tel:+2348036675099 Abstract The capital markets play important roles in the economy growth of the market. A well functioning market insures that both corporation and investors get or receive fair prices for their securities
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ref=MjBfMDZfMTFfMTNfMV8yN18xNzI0OTk= Economic growth and economic development Like the infrastructure development‚ improvement of legal mechanism Can now be regarded as the most important precondition for sustainable Growth‚ a stronger economy‚ and pro-people system of governance‚ Writes M S Siddiqui Economic development generally refers to sustained and concerted actions‚ taken by the policy-makers and communities‚ which promote the standard of living and economic health
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component of the structural reform process and globalization strategy in many economies. Several developing and transition economies have embarked on extensive privatization programmes in the last one and a half decades or so‚ as a means of fostering economic growth‚ attaining macroeconomic stability‚ and reducing public sector borrowing requirements arising from corruption‚ subsidies and subventions to unprofitable SOEs. By the end of 1996‚ all but five countries in Africa had divested some public enterprises
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Economic Growth in China Economic Growth in China Economic Growth in China has been steady. There have been many things that has contributed to the growth. The fact that China has one of the highest populated areas in all the world. That they have lead the way in technology manufacturing for the past 10 years. There have been many things but none more powerful than the geographical features that have push them. These major features are the mountains‚ desert‚ steppes and plains.
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Economic Growth Of India In 2011 India has one of the fastest growing economies in the world. The Indian economy is characterized by population bursts‚ poverty‚ unemployment and child labour. These rising issues have become a major concern for the Indian economy but yet have proven to bring a raise in the Indian economy for the 2011 year. This economic burst will not be sustainable for the Indian economy in the approaching years. Researchers have found that India is becoming a very populous nation
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2008‚ the growth rate of the M1 money supply was zero‚ while the growth rate of the M2 money supply was about 5%. In July 2009‚ the growth rate of M1 was about 17%‚ and the growth rate of M2 was about 8%. How should Federal Reserve policymakers interpret these changes in the growth rates of M1 and M2? Changes are not a serious problem for long run actions of the money supply‚ because changes for short-run actions tend to cancel out. Changes for long-run actions‚ for example one year growth rates‚
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ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT In contemporary times‚ certain economic registers are used frequently. Arguably two of these most used terms in economics‚ ‘economic growth’ and ‘economic development’ are terms that just about everyone is at least remotely familiar with‚ even if they have not studied economics at all. Sometimes it seems everyone knows what economic growth and economic development is. Politicians use these terms all the time‚ and so do teachers‚ managers and even preachers
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FISCAL DECENTRALIZATION AND ECONOMIC GROWTH IN PAKITAN A Thesis Submitted to the Faculty of Institute of Management Sciences‚ Peshawar In Partial Fulfilment of the Requirements for the Degree of MBA (Finance) (2009-2011) Institute of Management Sciences‚ Peshawar
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Economic structure and growth When the Europeans set up trading posts around the area of Bangladesh‚ the British dominated the region. As such‚ Bangladesh was part of British India until the region was split up into India and Pakistan in 1947. Pakistan was comprised of West Pakistan (current Pakistan) and East Bengal (current Bangladesh. This awkward arrangement of a two-part country with its territorial units 1‚600 km apart left the Bengalis marginalized and dissatisfied. In 1971‚ East Bengal
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