The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
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What were the central political‚ economic‚ and social developments of the Hellenistic World? The Hellenistic era was the age of Alexander the Great and beyond roughly 300BC-30BC. One of Alexander’s generals was later appointed governor of Egypt and signified an end of the pharaohs of independent Egypt. This was the age of Cleopatra and lasted until the Roman conquests in 30BC. Alexander also appointed a governor for Babylonia as well. This was the age of the rise of the Roman Empire as
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Global development is entering a phase where entrepreneurship will increasingly play a more important role. There are at least three reasons for this‚ each particular to certain types of countries. Firstly‚ in the West‚ the managed economy of the 1970s-2000s‚ characterized by reliance on big business and mass production‚ has given way to a so-called entrepreneurial economy. Here knowledge-driven goods and services are now more flexibly provided by smaller firms‚ and the emergence of a creative class
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danger or threat; lack of protection:growing job insecurity the insecurity of wireless networks Kenyan Politics: An Introduction Postcolonial Kenya has seen a significant amount of development‚ both politically and economically‚ since its independence in 1963. Starting with the presidency of Jomo Kenyatta‚ the nation prospered -- experiencing economic growth of at least 5% for over a decade (Barkan‚ 2004). The civil service was highly regarded‚ well paid‚ and the prospect of corruption was hardly
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brought to Kenya‚ they greatly affected Africans economically‚ politically‚ socially and culturally. With that being stated‚ Kenya would not be the country it is this very day if it weren’t for the British colonizing the Africans. British colonialism drastically affected Kenya economically.The people of Kenya became more civilized and more developed (Doc 5). Instead of wearing traditional clothes‚ Africans wore more formal and appropriate clothes like the British (Doc 5). The economic growth was
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Iran is a country which is currently going through a stage of metamorphosis. It could be said that Iran’s political and economic landscape is changing and hopefully for the better. The previous President Mahmoud Ahmadinejad was a political hardliner and a staunch critic of the Western Powers whereas Hassan Rouhani‚ the newly elected President is a diplomat and as willing to open talks with Western Countries over the pressing issue of Nuclear Proliferation. Hassan Rouhani has previously held the position
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most productive segment of the population. Almost half of the people in Kenya are under 15 years of age. An estimated 700 Kenyans die daily of HIV/AIDS-related causes. HIV/AIDS leaves orphans and woman-headed households even more vulnerable to poverty. The burden of diseases such as HIV/AIDS‚ malaria and water-borne diseases weighs heavily on both the country and Kenyan families‚ affecting income‚ food security and development potential. Life expectancy is down to 46 years‚ from 59 years in 1989.
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ECONOMIC GOALS: Five conditions of the mixed economy‚ including full employment‚ stability‚ economic growth‚ efficiency‚ and equity‚ that are generally desired by society and pursued by governments through economic policies. The five goals are typically divided into the three that are most important for macroeconomics (the macroeconomic goals of full employment‚ stability and economic growth) and the two that are most important for microeconomics (the microeconomic goals of efficiency and equity)
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trade status under Generalized System of Preferences (GSP)‚ macroeconomic stability‚ liberal trade regime‚ and a resourceful legal infrastructure to bring in FDI. The Government of Malaysia’s (GOM) main policy is to bind FDI as a part of the economic development strategy to acquire foreign technology‚ capital‚ and skills. Malaysia has been an
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This assignment will assess the factors behind the economic success of Japan. These factors will be assessed through units of time throughout the Japanese history and how these factors of success have also contributed to the economic difficulties that Japan has faced over time. We will start with a brief introduction to Japan as a nation‚ its cultural practices to language and arts. We will then progress onto discuss the economic success and difficulties that Japan has faced over time Japan is
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