Chapter 1: The discovery of oil and the Nigerian economy 4 Type chapter title (level 2) 5 Type chapter title (level 3) 6 Abstract: Nigeria has remained a point of reference in Africa and on global level. This is stem from the fact that‚ it is one of the largest exporters of crude oil to developed nations of the world. For more than three decades therefore‚ crude oil has been the major hub of the energy‚ revenue and foreign exchange earner for the Nigerian economy. In spite of vast quantity of
Premium Economic growth Petroleum OPEC
The Columbian Exchange had a profound influence on the vast spread of plants‚ animals‚ culture‚ human populations‚ and many infectious and contagious diseases through trade in both North America and Western Europe. The Columbian Exchange began in 1492‚ when Christopher Columbus set sail on his voyage to the Americas. Although it created an enormous increase in food supply and productivity‚ and human population‚ it also damaged the ecological stability of many large areas. In North America‚ the
Premium Christopher Columbus Indigenous peoples of the Americas Europe
The Columbian Exchange transferred numerous European aspects to the Americas that would radically alter all of the undeveloped countries that were to be affected. This exchange introduced new plants‚ animals‚ culture‚ people‚ technology‚ ideas‚ diseases‚ and religions to these newly found countries. Although the countries that engaged in the Columbian Exchange found a profit‚ they also brought devastation to the native people. The Columbian Exchange adversely affected the New World as with the gross
Premium Native Americans in the United States United States Indigenous peoples of the Americas
Exchange Rate Volatility: Impact on Industry Portfolios in Indian Stock Market K N Badhani*‚ Rajani Chhimwal** and Janki Suyal*** This study examines the interaction between changes in the exchange rate of Indian Rupee and returns on different BSE-based indices representing the firms of different sizes and industries. In absolute sense‚ the returns on all the stock portfolios are found to be positively correlated with the external value of Indian Rupee. However‚ the analysis with an extended market
Premium Foreign exchange market Stock market Exchange rate
CENTRAL BANKS‚ STOCK EXCHANGE AND COMMERCIAL BANKS CENTRAL BANKS A central bank is the main national bank that provides a government and its commercial banking system with financial and banking services controlling the government’s monetary policy and issuing currency. Functions of a central bank include: • It has the sole right to issue currency – it maintains uniformity in the currency and manages it accordingly using knowledge about the economy • It is a banker‚ advisor and agent to the government
Premium Bank Stock market Central bank
FOREIGN EXCHANGE RATE SENSITIVITY AND STOCK PRICE : ESTIMATING ECONOMIC EXPOSURE OF TURKISH COMPANIES INTRODUCTION Variability in exchange rate is a major source of macroeconomic uncertainity affecting firms. After the 1970 ’s‚ the rapid expansion in international trade and adoption of floating exchange rate regimes by many countries led to increase exchange rate volatility. The firm ’s exposure to exchange rate risk increased. In the literature three types of exposure under floating exchange rate
Premium Foreign exchange market Exchange rate Currency
The Columbian Exchange was a term used to describe the exchange of disease‚ food‚ knowledge of technology and culture‚ and animals between the Europeans and the Native Americans. One of the main exchanges between the Europeans and the Native Americans were the diseases brought from Europe. The Europeans brought deadly diseases such as small pox‚ measles‚ influenza‚ whooping cough‚ and many more. This caused the Native American population to be severely weakened and declined at least 90%. This
Premium Indigenous peoples of the Americas United States Americas
any outside forces except the people living in the areas. The finding and interactions with these indigenous people‚ would forever change the face of both Europe and the Americas in ways never imagined. One of the greatest affects was the Columbian Exchange. This was an event when the Europeans and Indigenous people exchanged products of food‚ plants‚ culture‚ animals‚ and many other. Overall‚ the Columbian Exchange’s outcomes greatly improved and worsened both Europe
Premium Agriculture Americas Indigenous peoples of the Americas
1) Jay Nguyen’s Ethical Dilemma and the reasons for this occurrence: The dilemma present in the case study is a managerial dilemma at Concord machines. Jay Nguyen‚ the President and CEO‚ has to choose either Robert Dunn‚ senior Vice President‚ General Manager of Services or Annette‚ Innella Vice President of Knowledge Management will be continuing to be employed in the organization. Jay knows‚ Robert is the best manager he has ever had. Moreover‚ he works hard and understands the business better
Premium Vice President of the United States President of the United States Knowledge
Global Economic Condition Great Recession of 2008-09 has slowed the growth of world output‚ especially in the developed countries like EU‚ USA‚ Japan and Canada etc. In the developed countries unemployment remains high at the rate of nearly average 9 per cent again income of the employed people remain stagnant1. Although the great Recession is on the way of recovering‚ more and more worker remain out of the job for a long time‚ especially young workers‚ medium-term growth prospects also suffer
Premium United States Economics Macroeconomics