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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THE IMPACT OF EXTERNAL DEBT ON ECONOMIC GROWTH IN NIGERIA. BY ABUBAKAR SADIQ SALEH Department of Banking and Finance‚ University of Abuja abubakar008@yahoo.co.uk ABSTRACT Debt is borrowing that is either for the purpose of smoothening the consumption path in the face of transitory shocks or as a means of supplementing domestic savings in order to expand productive capacity and raise the long – run growth rate. The objective of this work
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Economic growth Paul. A (2001‚ pp.568) states that economic growth is a positive change in the level of production of goods and services by a country over a period of time.” This means that economic growth occurs when there is an increase in the levels of output for production and services. It is brought by technological innovation and positive external forces and can also be seen as a term to indicate the GDP growth. The economic growth is measured by percentage change in GDP (Gross domestic
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The factors that can affect an individual’s views on death and dying and include social factors‚ cultural‚ religious and spirit I believe one’s religion plays a big part. Many suicide bombers believe that if they fight the religious war and become a hero through death they will get many virgins as a reward in the afterlife. Therefore they don’t mind killing themselves. Most people view the idea of death through the glasses of their trained religion teachings. Death is a personal event that
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HOW CAN YOU MODIFY YOUR LIFESTYLE TO INCREASE YOUR CHANCES OF LIVING A LONG‚ HEALTHY LIFE? Life expectancy is affected by many factors. These include diet and exercise‚ smoking‚ mental state‚ environment‚ career‚ spirituality‚ social interaction and support. One of the most easily controlled aspects in my lives is my nutrition and exercise. My physical well-being directly impacts on my life expectancy. I am aware of the value of a well-balanced diet – rich in fruit‚ and vegetables‚ low in fat
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Inequality on Economic Growth ¨ Hausarbeit im Rahmen des Hauptseminars ”Okonomie des Geschlechterverhaltens in der Geschichte” von Prof. Dr. Baten im SS 2004 David G¨mbel u Quellgasse 16 72070 T¨bingen u Informatik Contents 1 Introduction 2 Gender Inequality and Economic Growth 2.1 Recent Research . . . . . . . . . . . . . . . . . . . . . . . . . . 2.2 Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 2 3 3 Analysis of the Impact of Gender Inequality on Growth in Industrialized
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the Singapore economy has experienced rapid economic development since its independence in 1965. Within those few decades‚ Singapore has metamorphosed from a third world country to one of the countries with the highest GDP globally (292% of global average in 20131). GDP grew with an average of 7.7% since independence; and topped 9.2% in the first 25years. Per capita GDP over the same periods grew by 5.4% and 7.2%2. This transformation has earned the country the nickname of ‘Asian Tiger’ internationally
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FACTORS RELATING TO THE GROWTH OF 19TH IMPERIALISM: Economic: triumph of modern industrial societies over traditional‚ pre-industrial societies. Colonies used for raw materials and markets for manufactured goods. Technological: railway‚ telegraph‚ and steamship. Better than traditional means. Machine gun over spear; modern medicine over witch doctor. Political: close government involvement with overseas business interests. Economic competition then became political competition. Strategic:
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market and a joint production base. First of all we must remember that the ASEAN Economic Community (AEC) is part of a larger plan for the ASEAN Community which involves three pillars of ASEAN. security‚ socio-cultural cooperation and economic Three crucial components for economic integration are: free trade in goods‚ free trade in services‚ and mobility of skilled labor In 2012‚ ASEAN member countries approved the Agreement on the Movement of Natural Persons (MNP).The member nations
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and Economic Growth in India –An Empirical Analysis Prasanna V Salian1‚ Gopakumar. K2 Abstract This paper seeks to examine the relationship between inflation and GDP growth in India. An empirical evidence is obtained from the cointegration and error correction models using annual data collected from the Reserve Bank of India. The result shows that there is a long-run negative relationship between inflation and GDP growth rate in India. Inflation is harmful rather than helpful to growth. These
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