Vietnam faces more price hikes despite inflation woes Vietnam’s government is set to raise electricity prices by 15% on Tuesday‚ at a time when the population is already struggling with a soaring cost of living. Last week the Vietnamese government also raised the retail prices of oil products by as much as 24%. In February‚ inflation hit a two-year high of 12.31%. Analysts say despite the government’s measures to tighten monetary policy‚ price pressures are likely to continue. "The increases
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violent acts are committed by non-states armed actors Terrorists attempt not only to sow panic but also to undermine confidence in the government and political leadership of their target country. Terrorism is therefore designed to have psychological effects that reach far beyond its impact on the immediate victims or object of an attack. . Terrorism as a political act Terrorism is by nature political because it involves the acquisition and use of power for the purpose of forcing others to submit
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Unemployment is a great concern in Bangladesh. Every year hundreds of thousands student are coming out from college and university. Though it is one of the major responsibilities of the Government to provide job to those young generation but the Government is failed to meet the job demand among the large population. Only a tiny fraction of total jobless is managed by different government offices and private organization but a majority remain unemployed. Unemployed workers" are those who are
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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
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Inflation‚ a short explanation In the world of finance phrases like mortgage backed security‚ prime rate‚ speculation and inflation get thrown around a lot yet most people don’t have a clue what it all means. After more than three centuries of evolution even the most knowledgeable can’t wrap their head around the many ways the U.S. economy works and why it sometimes doesn’t. In the next few pages I hope to explain only one of these very complicated concepts‚ that of inflation. Inflation‚ in economic
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One should start by saying that economic growth of Japan after the end of the World War II was enormous. It resulted in Japanese economic ascension making Japan one of the few world most economically advanced nations. From the savage destruction brought during World War II. Japan has done wonders to create the strong economy it has today. Japan had managed to advance originally via proper government industry cooperation initiatives‚ strong work ethic of the Japanese people‚ adoption of new technology
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Economy Linkages 3. All economic activities either affect or are affected by natural and environmental resources. Activities such as extraction‚ processing‚ manufacture‚ transpor t‚ consumption and disposal change the stock of natural resources‚ add stress to the environmental systems and introduce wastes to environmental media. Moreover‚ economic activities today affect the stock of natural resources available for the future and have inter-temporal welfare effects. From this perspective
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India’s Economics reforms from 1991-2010: Introduction India’s economics reform that started after 1991 ‚ when under the P.V Narshimaha rao government ‚ Manmohan singh was the finance minister at that time ‚ and he was also appointed as the “ finance advisor “. At that time india’s GDP grouth was 3% . after the IMF bail out the bankrupt state. The government P.V narshimha rao and the finance minister started the reform. Rajeev Gandhi started the light reform . by the end of 1990 india
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ROLE OF HUMAN CAPITAL IN ECONOMIC DEVELOPMENT: AN EMPIRICAL STUDY OF NIGERIAN CASE By Risikat Oladoyin S. Dauda‚ Ph.D Department of Economics University of Lagos Akoka‚ Lagos E-mail: rissydauda@yahoo.com rdauda@unilag.edu.ng ABSTRACT Although several theories of endogenous growth point towards a positive effect of human capital on growth‚ empirical evidence on this issue has been mixed. Despite various efforts of the successive Nigerian governments‚ virtually all indices of human
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While the unemployment rate has fallen over the past couple of years‚ the incidence of long term unemployment has been on the rise and therefore still remains a critical policy issue in Australia. The question of how best to reduce unemployment has been a significant part of the policy agenda for more than two decades due to the complex problems it causes for both policy makers and the individuals affected (Dixon‚ 2004 & Walsh‚ 1987). Those that are long term unemployed (LTU)‚ unemployed for 52 weeks
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