private sector in terms of credit extension‚ weak capacity of the banks to fund the real sector‚ low-level activities of banks‚ and illiquidity still lingers. This study therefore‚ examines empirically the impact of financial intermediation on the development of the Nigerian economy with the aim of determining the importance of financial intermediaries and its influence. This study found out that the financial intermediaries (banks) in Nigeria exhibit inefficiency and weak capacity in the allocation
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Methodius Faculty of Economics Marketing Management Project Activities in the Local Economic Development Sector Graduation paper for the course Marketing Management Mentor: Student: PhD. Anita Ciunova-Shuleska Bogeva Sofija 50300 03 February 2011 Contents INTRODUCTION 3 LOCAL ECONOMIC DEVELOPMENT 4 What is Local Economic Development? 4 What is
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ECONOMIC GROWTH and DEVELOPMENT PAPER CONCESSION AND OPERATING COMPANIES of NORTH LUZON EXPRESSWAY (NLEX) A. Significance of Toll Road Industry and the North Luzon Expressway (NLEX) Concession in the Philippine Economy Viewed from the perspective of the total road network of the Philippines having 202‚000 km.‚ the current length of all tolled expressways (about 320 km.) in the country represent a mere 0.16%. At the same time‚ all are operating and located in the Mega Manila area traversing
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Explain how T.R. Malthus developed and changed Adam Smiths Economics…. When looking at Malthusian economics and Smith Economics when see a shift from moral philosophy to political economy despite its dominated framework set out in the wealth of nations. The economics theories developed by Adam Smith (1723-1790) and Thomas Malthus (1766-1834) provided rational explanations for social developments in the industrial revolution. Like the philosophers of the Enlightenment‚ both Smith and Malthus used
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The Labour government’s response to the economic crisis of 2008 was reckless and irresponsible. Discuss. The 1998 Comprehensive Spending Review boosted NHS spending by £21 billion 1999-2002 and Education by £19 billion despite a 1% cut in income tax announced in November 1997. Hague and Portillo described this as ‘‘reckless and irresponsible’‘ words that haunted them in the 2001 election. However in the aftermath of the most severe recession that many can remember‚ these same criticisms re-emerge
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The social and economic significance of tourism development on a global scale After studying and understanding how deeply tourism development has significantly impacted on the world‚ I have noticed how closely that the social and economic factors are related‚ and how both of these aspects have direct effect on both tourists‚ and the people that permanently reside at destinations that have been extremely popular amongst tourists. The understanding of how economic and social factors interrelate
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2.1 Children’s development is influenced by a variety of different personal factors‚ such as • health status • disability • sensory impairment • learning difficulties Health status: A child health status could be determined by their genes or factors such as environment‚ diet and stress this could have a big impact on the child development. A child being born into a family that both parents carry a trait of sickle cell‚ that child has one in four chance of
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proprietorship) with 500 employees or less.”- U.S. Govt. * According to Small Business act 1934‚” A business which is independently owned and operated and not dominant in its field” is a Small Business. * According to executive committee for national economic development‚ “A Small Business one of which processes at least two of the following characteristics: * -Managers are the owners‚ * -Capital supplier and the owner is individual or a small group‚ * -Worker and the owners are local‚ market may not be
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What Role has the Insurance industry In Economic development? The insurance industry has come a long way from ship owners‚ merchants and underwriters gathering in Edward Lloyd’s coffee house in London to discuss their marine voyages to new colonies of the British Empire. Over the years‚ Insurance has become essential in our everyday lives. Something we just can’t live without. Our Economics and Societies are growing phenomenal rates and have become more and more interconnected on the rest of the
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rudimentary thermometers and military and civilian compasses to generate a substantial profit. As demonstrated‚ by applying his education and his ingenuity‚ Galileo was able to excel in several academic fields in way of development of theories and inventions.
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