1. Describe the trends in unemployment and inflation The number of people out of work fell by 14‚000 to 2.5 million in the three months to December 2012 (ONS).The unemployment rate was 7.8%‚ of the economically active population‚ down 0.1% on July to September 2012. A few months after the start of the recession in 2008‚ unemployment started to rise sharply. When the global financial crisis hit‚ the unemployment rate was a little over 5% or 1.6 million. Towards the end of 2009‚ with the UK coming
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Indonesia during periods of crisis In 2008—2009‚ the United States of America experienced the sub-prime mortgage crisis that triggered the worldwide recession. Being the ‘manual’ for the world economy‚ the US crisis has also affected Indonesia in many ways. First of all‚ the exchange rate between Indonesia and America was changed drastically‚ consequently bearing a negative impact towards the export between the two countries. Secondly‚ loan interest rate also soared high due to credit awareness
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consists of effect of unemployment on economic growth also its causes and major factors of unemployment. We have conducted a survey to know about the views of different people about unemployment. Introduction Subject of our report is unemployment. Purpose of selecting this topic is to give information to our fellow friends about one of the major problem which Pakistan is facing these days. In this report we tried our best to put a spot light on its major causes and its effects. The
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help the growth of the economy? It is a fact that no society throughout history has ever obtained a high level of economic affluence without a government. Economic growth is a term that is generally measured through GDP the gross domestic product in a country or region over a certain period of time and its consisted of economists‚ governments and individuals Economic growth usually results from producing more goods and services that requires productivity growth. Productivity growth may also
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UNIVERSITY OF NAIROBI SCHOOL OF ECONOMICS THE RELATIONSHIP BETWEEN CORRUPTION AND ECONOMIC GROWTH IN KENYA MULEMBO ENOKA X75/3844/2008 GERALD NGILAI MUEMA X74/3741/2008 GITHINJI JOSEPH MULWA X74/3726/2008 WANGARI ELIJAH GACHOHI X75/3777/2008 KIRU JOSEPH KAMAU X74/ 3599 /2008 TABLE OF CONTENTS INTRODUCTION 1 1.1 Background to the study 1 1.1.1 Ministry of Finance Kenya………………………………………………………
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Article about Inflation Subject: Economy Submitted: Thursday‚ 29 November 2012 By: ID: 014201000039 Name: Joseph Amos P President University‚ Cikarang Baru‚ Bekasi‚ Indonesia 2012 Economics is the most important aspect of a country. The reciprocation of a country is seen in terms of economy. Economics also become a benchmark of development and prosperity in a country. Why does the economy become vitally important in a country? The word "economy" you hear about in everyday life and are
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MacroEconomics | Essay | Growth Theory and Long-Run Behavior of Economy | | Antara Islam | 6/11/2013 | Institute of Business AdministrationJahangirnagar University | Essay On Growth Theory and Long-Run Behavior of Economy Submitted To: Dr. ShuddhasattwaRafiq Course Instructor Macroeconomics Submitted By: Antara Islam Class ID: 2795 Batch 21 Date of Submission 11 June‚ 2013 Institute of Business Administration Jahangirnagar University Letter of Transmittal
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completing this paper. Abstract of “Effect of Globalization on India’s Economic Growth” The wave of globalization appeared on India’s shores only in 1991‚ much after China’s and some other Southeast Asian countries such as Malaysia‚ Singapore and Hong Kong. Moreover the intensity of opening country’s borders is much higher in other countries than in India where democratic political forces delay decision making significantly. Nonetheless the Indian economy has broken the shackles of protectionism
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Jim Lee Eng 101: Reames December 2‚ 2010 Wal-Mart Greatly Impacts the U.S. Economy Is Wal-Mart ruining the local businesses in America? Most professional business men can agree that Wal-Mart affects the United States economy in many different ways. Wal-Mart is an American public corporation that runs a chain of large‚ discount department stores. It is the world’s largest public corporation by revenue according to the 2008 Fortune Global 500. However this corporation has contraverisal issues about
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The Century of Inflation The Twentieth century may be remembered as the century of excess. In every area‚ more things were done in the Twentieth century than in any other century in history‚ and in many cases‚ more than in all previous centuries combined. The Twentieth century saw some of the most destructive wars in history‚ the development of the Atomic Bomb‚ the beginning of air and space travel‚ the colonization and decolonization of the Third World‚ the rise and fall of Communism‚
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