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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Outline Comments Topic: How culture affects economic growth. TS1: The first aspect of culture that affects the economy is people’s way of life. TS2: People’s values can also influence a country’s economy. Thesis: Economy can be affected both in positive and negative way depending upon the culture of each country. TS1: Culture is the thing to define the way of living of people in each country. SP1.1: Economy can be affected by people way of living. (eg. How people consume things and services
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Globalization –“ Globalization is the increasing economic interdependence among countries and their organizations as reflected in the flow of goods and services‚ financial capital‚ and knowledge across country borders. Globalization is a product of a large number of firms competing against one another in an increasing number of global economies. In globalized markets and industries‚ financial capital might be obtained in one national market and used to buy raw materials in another one. Manufacturing
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Greece’s Economic Turmoil and the Global Economy The financial headlines of 2012 were prevalent with the tribulations of the Greek economy. Its problems‚ in the eyes of many of the other nations of the euro zone‚ were not only negatively impacting the prosperity of the Greeks‚ but also the viability of the European Union. The country as a whole requires a major restructuring. Not only are drastic changes needed in financial and economic policies‚ but the Greeks need to understand their attitude
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[pic] GSM 5000 MANAGERIAL ECONOMICS Problem Based Learning Lecturer : Dr. WAN AZMAN SAINI WAN NGAH By: Khong Yeen Lai GM 04349 PROBLEM BASED LEARNING: GSM5000 (MANAGERIAL ECONOMICS) GROUP 1 No. 1 You have been appointed as a member of a consultation team who is working on this very important assignment for a soft drink company. The main task is to evaluate
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* economy is now at a point when it can achieve sustained economic expansion * These positive factors notwithstanding‚ a major weakness in the economy is that the growth is not perceived as being sufficiently inclusive for many groups * especially Scheduled Castes (SCs)‚ Scheduled Tribes (STs)‚ and minorities * Gender inequality * adverse effect on women * The lack of inclusiveness is borne out by data on several dimensions of performance. * rate of decline in poverty has
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A Macro Economic Analysis Of Bangladesh. Submitted By: Zia Uddin Bablu. Section: A‚ Roll: 93‚ Batch: 16th Department of Management Studies‚ University of Dhaka. Submitted To: Mr. Md. Kazi Raihan Uddin. Lecturer‚ Department of Management Studies‚ University of Dhaka. Date of Submission: 03-04-2013. contents | Page no. | Introduction | 3 | Fiscal channel | 3-4 | Implication of increased government borrowing | 4 | Monetary channel | 4 | Inflation | 4-6 | Food and non-food
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TABLE OF CONTENTS | TITLES | PAGES | 1 | Introduction-the Mauritian economy | | 2 | Position Of Mauritius In The World | | 3 | Different sectors of the Economy | | 4 | The Primary Sector | | 5 | Introduction- Agriculture in Mauritius | | 6 | Agriculture and Land Use | | | Importance of agriculture in Mauritius | | | The Sugar Industry | | | Sugar Milling and Production | | | Importance of Sugar Cane | | | Tea‚ Tobacco‚ Potatoes‚ Vegetables‚ Fruits‚ Flowers
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...................................................xxiii Abbreviations and acronyms ......................................................................................................xxvi PART 1. THE CREATIVE ECONOMY Chapter 1. 1.1 Concept and context of the creative economy 1.1.1 1.1.2 1.1.3 1.1.4 1.1.5 1.1.6 1.1.7 1.1.8 1.1.9 1.1.10 1.1.11 1.1.12 1.1.13 3 Evolving concepts and definitions ........................................................................................3
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IMPACTS OF PUBLIC DEBTS ON THE ECONOMIC GROWTH Government debt is also known as public debt. It is the debt owed by a federal government to the internal or external sources. It is required when the stocks of government securities are insufficient to cover previous budget deficits. Budget deficits occur when the level of government expenditures exceeds its revenues. Based on macroeconomic theory‚ the level of government expenditure must be positive with the economic growth. The higher the expenditure
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