IMPACTS OF PUBLIC DEBTS ON THE ECONOMIC GROWTH Government debt is also known as public debt. It is the debt owed by a federal government to the internal or external sources. It is required when the stocks of government securities are insufficient to cover previous budget deficits. Budget deficits occur when the level of government expenditures exceeds its revenues. Based on macroeconomic theory‚ the level of government expenditure must be positive with the economic growth. The higher the expenditure
Premium Tax United States public debt Economics
Introduction to Information and Communication Technology The Impact of ICT In A Developing World. One may ask “What impact does ICT (Information & Communication Technology)‚ have in a developing world?” Well‚ that’s a good question. First of all‚ we must establish what ICT really is. ICT (Information & Communication Technology) refers to technologies that provide access to information via telecommunications. Not to be confused with IT (Information Technology)‚ though similar
Premium Information technology Communication Mobile phone
Association of International Petroleum Negotiators (AIPN) Stabilisation in Investment Contracts and Changes of Rules in Host Countries: Tools for Oil & Gas Investors Peter D Cameron ACIArb PhD (University of Edinburgh)‚ LLB (Joint Honours) (University of Edinburgh) Professor of International Energy Law and Policy CEPMLP‚ University of Dundee‚ UK p.d.cameron@dundee.ac.uk FINAL REPORT 5 July 2006 © Copyright Peter D Cameron PDCameron/AIPN/Final Report. 5 July 2006 Table
Premium Petroleum Petroleum industry Arbitration
Social and Economic Impacts of Hurricanes on the Caribbean Hurricanes are powerful weather systems‚ which start as disturbances in the atmosphere over tropical oceans. There are many of these disturbances each year‚ but only a few become hurricanes. Most Atlantic and Caribbean hurricanes occur between June and November and have been known to have serious economic and social consequences. Some economic consequences include unemployment‚ loss of revenue‚ loss of foreign exchange etc. Social consequences
Premium Tourism Causality World Tourism Organization
Rapid Economic Growth In East Asian Countries Over the past decade‚ there has been rapid long-term economic growth for East Asian countries. These newly industrialising countries are experiencing growth rates in GDP per head at around 6% to 7% compared to the 2% to 3% for most industrial economies. If this growth continues‚ South Korea and Taiwan might take away America’s distinction as the world’s richest country. This rapid economic growth is a result of several economic and political
Premium Economic growth Asia Economics
help make a great impact in the world they were living in? Mother Jones‚ Cesar Chavez‚ and Erika Andiola all helped or helping make an impact in the world they lived or are living in. Mother Jones was a great fighter for children’s working rights. Judith Pinkerton Josephson states “Though she had not met with the president‚ Mother Jones had drawn the attention of the nation to the problem of child labor. She became even more of a national figure.” Mother Jones had a huge impact on the issue of child
Premium
THE THESIS Using cross-country data‚ I examine how foreign aid affects economic growth in developing countries over the period from 1975 to 2000. I find evidence that foreign aid significantly and negatively correlates with growth in developing countries. However‚ foreign aid to inland countries as well as to South Asian countries during the period of 1992-2000 is found to have a positive impact on growth. In addition‚ a strong divergence trend is found among countries in the data set. The results
Premium Economic growth Investment Economics
World events can have a significant impact in various ways on the artist‚ the art world and its audience. This is particularly evident within Feminist art‚ which emerged in the late 1960s‚ Feminist art was sought to not objectively be an object for aesthetic admiration‚ but to incite the viewer to question the social and political landscape‚ and through this questioning‚ possibly affect the world and incite change toward equality‚ Barbara Kruger are examples of these ideals. Similarly‚ Modern technology
Premium Art Arts Sociology
Degrees of Economic Cooperation Between Various Countries An important trend that is noticed in international economy has been the growth of intra-regional trade and this type of trade has been fostered by the economic cooperation and integration schemes or trading blocs. International trade consists broadly of the following namely; 1. intra regional trade 2. inter regional trade There is also a talk of regionalization vs globalization of world trade. There has been world wide trade towards
Premium International trade Trade bloc Free trade
many countries prefer solving political or economic problems by trade sanction. NO one knows whether it really works‚ anyway‚ it catches the pubic attention as an important role. Trade sanction was carried out in different forms‚ they reduce the quality of imported products from some specific countries‚ and reduce exported items. Those countries believes that it will work someday‚ however‚ the reality is that trade sanction can not really solve problems efficiently between different countries‚ some
Premium International trade Gulf War United States