the nickname of ‘Asian Tiger’ internationally. This paper aims to study the Singapore’s previous growth story‚ the challenges it faces now and its strategies for strong and sustainable growth for the next 5 decades. 2. DEFINITION OF STRONG AND SUSTAINABLE ECONOMIC GROWTH As the term suggest‚ strong and sustainable economic growth comprises of two main objectives: Strong: The fastest rate of growth in the national production in the economy while achieving other macroeconomic goals such as low
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Selected Answer: population. Correct Answer: population. Question 9 2.5 out of 2.5 points Which of the following models of growth takes place when the amount of available resources is not limiting? Answer Selected Answer: exponential growth Correct Answer: exponential growth Question 10 2.5 out of 2.5 points A J-shaped growth curve is converted to an S-shaped one Answer Selected Answer: when the carrying capacity is reached.
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EXTERNAL FINANCING AND GROWTH Two growth rates used in financial planning: 1. Internal growth rate - The maximum growth rate a firm can achieve without external financing of any kind (no debt or equity). - This is the growth rate that the firm can maintain with internal financing only. - The required increase in assets is exactly equal to the addition to retained earnings‚ and EFN is therefore zero. IGR = ROA x Plowback ratio 1 – (ROA
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This essay concentrates on how population growth and poverty issues are interrelated with each other as well as being related to the concept of sustainable development. Panayotou (2000‚ p 177: ¶ 2) asserts that in rural‚ less developed countries such as Sub-Saharan African countries‚ "population growth‚ poverty and environmental degradation are entangled in a mutually reinforcing vicious circle." This ’new economic demography’ considers population growth as not being exogenous and it attempts to
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Economic growth is the overall growth in an economy. Gross National Product and Gross Domestic Product are the normal measures of economic growth. Because growth can come in many ways‚ GNP and GDP are not particularly good measures. More so‚ economic growth can occur from having more people in an economy. If economic growth occurs more slowly than the population growth‚ then there can be economic growth‚ but the average person is less well-off. As economic growth is measured as the annual percent
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As a guy who lived in Beijing‚ China for over 10 year‚ I recognized the photo was taken in Beijing immediately. It represent the terrible air pollution Beijing is having. Fig.1 China GDP Annual Growth Rate over 10 years The average GDP growth rate over that past 10 years is maintain 10%. Fast growing periods have historically coincided with periods of strong economic reform. But in other end‚ the environment of main city in China is keeping disappointing people. According to the World Bank
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ICT on Economy Growth) KELLY WEE KHENG SOON (Student ID: 012010110116) (DCT 5033: Managing Information System and E-Commerce) FACULTY OF BUSINESS MANAGEMENT AND PROFESSIONAL STUDIES MANAGEMENT AND SCIENCE UNIVERSITY (MSU) TABLE OF CONTENTS 1.0 Introduction 2.0 Literature and theories 3.0 Role and Impact of ICT on Economy Growth 3.1 Role and Impact of ICT investment 3.2 Measurement of ICT contribution to economic growth 3.3 Policy implication boosting economic growth 4.0 Future
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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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effect of Exports on GDP Growth in Pakistan Abstract: This paper is examines the causal relationships between gross domestic product (GDP) and exports in Pakistan by using time series data for the period between 1980 and 2000. Time series evidence shows that increase in exports has a significant effect on the economic growth of Pakistan in the previous two decades. This paper uses cointegration to check the causal relationship between export growth and economic growth in Pakistan. Granger Causality
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Philippine economy posts 7.8% growth The Philippines continues to enjoy remarkable economic development this year‚ notably the investment-grade ratings it received and increased government competitiveness index. On May 30‚ 2013‚ the Philippine Gross Domestic Product (GDP) was 7.8% in the first quarter of 2013‚ the fastest in Asia. The growth rate was the highest recorded in the Aquino Administration‚ and the 3rd consecutive quarter that registered above 7%‚ surpassing market expectations. The
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