INTRODUCTION BACKGROUND OF THE STUDY The attainment of balance of trade is always a critical factor in the economic development of many nations. This simply means that continuous trade deficits and surpluses are undesirable. The world has become a global village in which different countries interact with themselves and get involved in business transactions and trade. This kind of trade between countries is known as international trade which involves the exchange of goods and services between nations
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Negative effects of technology Improvements in the technology have antagonistic effects on the human life along with the positive effects. The growth of the technology leads to very severe problems like pollution‚ unemployment‚ effects social life of the humans etc.. First of all‚ the most serious problem is pollution‚ which is created by the technological inventions like vehicles‚ industries‚ etc.. Now-a-days the vehicles like cars‚ bikes are increasing which is leading to increase in pollution
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established that the Existence of an efficient and effective human capital is the key to economic growth and development in any nation. This stems from the fact that every other facility and resource required for economic development is driven by the availability of human capital. More so‚ in the absence of effective human capital development‚ an increasing population can have adverse negative effect on the economic growth of a nation. This is because a lot more resources is taken out to manage and cater
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How technology effects our society? Is technology boon or bane for the society? Read the article to know the impact of technology on our society. The technological growth taking place in the world today is doing so very rapidly and there are new advancements being made with each passing day and this is possible owing to the large number of extensive programmes of technological research currently being done by a large number of researchers working within non-profit research organizations‚ business
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Volatility 4 Corruption 4 Weak Government 4 Unaccountable government 4 Dutch disease 5 RUSSIA AND THE DUTCH DESEASE 5 Growth and oil price 6 Appreciation of Real Exchange Rate 7 Manufacturing and services sector 7 Growth of real wage 8 LESSON FROM NORWAY 8 Benefits from the management of the natural resources 9 The separation of power 10 Diversification growth 10 CONCLUSION 10 REFERENCES 11 ABSTRACT Despite common opinion‚ having natural resources could not be always
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GLOBAL ECONOMIC TRENDS DRIVEN BY TECHNOLOGY AND INNOVATION Nowadays companies operating internationally do not only face increasing competition in their markets‚ but also heavy macroeconomic driving forces the so-called global economic trends. These trends deeply transform markets and have a considerable impact on corporations. The question arises: what factors provoke the emergence of these economic tendencies? Without doubt‚ we can enumerate hundreds of factors‚ but I would like to pay a special
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measure the economic growth of a country? Experts have proposed many techniques to assess the economic progress of a country. One of these techniques is to calculate the sum of all the goods and services produced in the country which is known as gross domestic product (GDP). The indicator was created in the wake of great depression in 1930s and still is used to measure individual countries’ economic performance. But now most of the economists claim that GDP alone cannot reflect the economic performance
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LED-backlit LCD TV: Sony KDL-55XBR8 Hoeun sousdey Part time Group II Level 11 A few weeks ago Senior Editor David Katzmaier reviewed Samsung’s LN46A950 LED-backlit LCD TV and declared it‚ "The most advanced television money can buy." He also said it "represents the peak of flat-panel LCD performance and picture quality." But then the Sony KDL-55XBR8 arrived and stole the crown from the Samsung. In the world of LCD TVs‚ the hot feature is LED-backlighting--and it doesn’t come cheap. The
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Today’s technology is more advanced and it may make your life more easier‚ but today im going to give you an insight on how being too dependent on technology has it negative effects on us as people in this world. When depending on technology it will give you negative effects toward your education‚ behavior‚ and economy. “People have become too dependent on technology. Many people now won’t go anywhere without their cell phone‚ or GPS or even their laptop computer. People today have forgotten how
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present economic growth rate? India is an emerging economy that is witnessing unprecedented levels of economic expansion. It is widely expected that India may overtake China as the world’s fastest growing major economy by 2015. However it is not easy to sustain high levels of economic growth rates. There were a number of countries that experienced a high economic growth rate but were unable to sustain it for a long period of time. In order to determine whether India can sustain its economic growth
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