Ageing populations – the Economic and Social Consequences Two hundred years ago Thomas Malthus published his Essay on the Principle of Population‚ in which he predicted a future of gloom and doom for humanity. Population growth‚ he said‚ would outstrip food supply‚ leading to widespread poverty and mass famine. About 30 years ago the Club of Rome‚ an international group of industrialists‚ scientists‚ economists and statesmen‚ echoed his views‚ predicting that food‚ energy and raw materials would
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“Impact of Entrepreneurship Development & Urbanization on Economic Development” Shilpa loomba & Dr. S.K.Sindhi Abstract:- The paper reveals the interlinked effects of entrepreneurship & urbanization on economic development. Urbanization is increasing day by day due to increase in Entrepreneurship in developed areas. This is ultimately affecting per capita income‚ employment level & growth of population in urban areas. Up to some extent it is beneficial for the economy as entrepreneurship & urbanization
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Contribution of education sector toward economic growth Abstract This report is design to show the increase in economic growth of country with the development of its education sector. An increase in the capacity of an economy to produce goods and services‚ compared from one period of time to another is known as the economic growth of a country‚ which shows the development of a country. Nations cannot be developed without investing in education. Education is
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The financial markets are types of markets designed for the creation and disposition of financial assets. There are two sections of the financial markets in Nigeria‚ namely: money market and capital market (Central Bank of Nigeria-CBN‚ 2004; 2007). A financial asset is created when one party in exchange for cash issues a receipt of acknowledgement which entitles the holder a claim of pecuniary nature against future interests of the issuer. Financial assets fall into three general categories namely:
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statement. In a rapid changing environment‚ software systems must be delivered quickly in order to meet business delivery schedules. Spending months and years developing systems to high standards is fruitless if over time requirements change beyond recognition. Software development must serve its customers. Simple value-for-money systems that work are better than expensive and complex ones delivered late‚ over-budgeted and difficult to maintain. Abstract. Rapid Application Development (RAD) has long
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Is faster economic growth always a good thing? Argue the case for and against faster growth and then come to your conclusion. Economics growth has been studied in differences camps. economics‚ environmentalist and sociologist have been debating years about the causes and effects of this one‚ it is a fact that economic growth is link with life quality and the first one can affect the second one in positive and negative ways‚ this essay will expose a number of advantages and disadvantages of
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Each stage of life is filled with unique areas of growth and development. It can be seen in the prenatal stage with the transformation from egg to fetus‚ and in the adolescent stage from child to teenager. No stage sees quite as much physical and cognitive development at such a fast pace‚ however‚ as infancy. The first two years of life are a time of extensive growth for infants as they experience rapid physical growth‚ development of motors skills‚ and sensory and perception skills. There are
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Economic growth is referred to the increase of per capita real gross domestic product over a period of time. Real GDP is a quantitative concept since it involves increased productive capacity in an economy‚ which leads to rising national output‚ incomes and living standards over time. Economic growth can occur from two main factors: 1. The increased use of resources such as land‚ labour‚ capital and entrepreneurial resources due to improvements in technology. 2. The increased productivity of existing
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Financial Crises and Economic Growth Robert A. Jarrowy August 22‚ 2011 Abstract This paper constructs a simple yet robust model of …nancial crises and economic growth where …nancial markets a¤ect real economic activity. Financial markets increase real output by facilitating investment through the borrowing/lending of capital. However‚ the borrowing of capital is risky due to randomness in the …rms’production. Financial crises occur when output and liquid capital are insu¢ cient to meet required
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City University of Hong Kong Department of Economics and Finance Semester B 2013–2014 EF2401 Economics II Instructor: Dr. KUNIEDA‚ Takuma Office: P7318‚ Academic Building‚ Level 7‚ Lift 6 Phone: 3442-7960 Email: tkunieda@cityu.edu.hk Office Hours: To be announced 1 Objectives and Outcomes 1.1 Objectives The main objective of this course is to introduce students to the basic principles of macroeconomics. Students will learn to apply macroeconomic analysis to the business world and other
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