means for enhancing the lives of the poor and therefore a major tool for economic and social development mostly in rural areas. Lately‚ contrary to this widespread belief‚ critics have raised eyebrows against this growing popularity of microfinance as a major tool for enhancing economic development. Contrary to belief‚ they are of the opinion that microfinance is a ‘make-belief’ that is hindering economic and social development rather than enhancing it. It is to this regard and in light of these growing
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ECONOMIC GROWTH AND DEVELOPMENT Introduction Economies grow and develop‚ they expand and advance‚ and they progress and prosper. There are phases when they decline too‚ and there are economies that experience continuous decay. If one considers long stretches of human history‚ one knows that economies (civilizations) disappeared altogether. We will not take into account such long stretches of time. We shall not consider too distant a past either. We will leave them to historians‚ may be‚ economic
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1 Development Banks: Their role an d importance for development C.P. Chandrasekhar Among the institutions whose role in the develo pment of the less developed regions is well recognised but inadequately emphasised are the development banks. Playing multiple roles‚ these institutions have helped promote‚ nurtu re‚ support and monitor a range of activities‚ though their most important function has been as drivers of industrial development. All underdeveloped countries launching on national
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Integrated Rural Economic Development Summary: Project E3 is a Public‚ Private and Community Partnership Project for creating a sustainable Rural Economic Development Telecentre Network to help grass root youth women farmers and micro businessmen to improve their quality of life through economic inclusion through innovative use of ICT. Project E3 used ICT for effective addressing of rural Telecentre economic problems implementing a local language based e business development program across 6o
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THE SCHUMPETERIAN THEORY OF ECONOMIC GROWTH AND DEVELOPMENT Schumpeter assumes a perfectly competitive economy‚ which is in stationary equilibrium. In such a stationary state‚ there is perfect competitive equilibrium‚ no profits no interest rates‚ no saving‚ no investment and no involuntary unemployment. This equilibrium is characterized by what Schumpeter terms as “circular flow” which continues to repeat itself in the same manner year after year. In the circular flow‚ the same products are produced
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Economic Development and Growth of Romania Alexandru Florea ARISTOTLE UNIVERSITY OF THESSALONIKI FACULTY OF ECONOMICS AND POLITICAL SCIENCES SCHOOL OF ECONOMICS Economic Development and Growth Professor: Dr. Grigoris Zarotiadis Alexandru Florea JANUARY 2015 1 Economic Development and Growth of Romania Alexandru Florea Contents: 2 Economic Development and Growth of Romania Alexandru Florea A. Introduction The purpose of the project is to analyze the economic development and growth of
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There are 3 areas of Physical development. |Gross Motor Skills |The use of large muscles in the body and can include things like walking or riding a | | |bike. | |Fine Motor Skills |The use of smaller muscles in the body and including using building blocks or juggling‚| | |also activities that involve
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TDA 3.3 Describe with examples how transitions may affect children and young people’s behaviour and development. Transition is a term given to periods of change which children or young people undergo as they progress through different periods of their lives. Transitions are crucial for children to grow and for future development. There are transitions which affect every child’s development and transitions which are personal to only some children. Many transitions are conventional and expected
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Mao was a Chinese communist leader and founder of the People’s Republic of China. He was responsible for the disastrous policies of the ’Great Leap Forward’ and the ’Cultural Revolution’. Mao was born on 26 December 1893 into a peasant family in Shaoshan‚ in Hunan province‚ central China. After training as a teacher‚ he travelled to Beijing where he worked in the University Library. It was during this time that he began to read Marxist literature. In 1921‚ he became a founder member of the Chinese
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for social and economic development. There was only one party‚ CPC and it decided the course of governance. Under Mao‚ party’s workers consisted of farmers‚ workers and soldiers‚ who came in to the party because of the political activism during the Civil War. The percentage of college educated people (considered as intellectuals by the Chinese) was less than 1%. But‚ the situation changed after the death of Mao. Deng Xiaoping assumed the power and led the country through economic reforms and control
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