Economic growth is referred to the increase of per capita real gross domestic product over a period of time. Real GDP is a quantitative concept since it involves increased productive capacity in an economy‚ which leads to rising national output‚ incomes and living standards over time. Economic growth can occur from two main factors: 1. The increased use of resources such as land‚ labour‚ capital and entrepreneurial resources due to improvements in technology. 2. The increased productivity of existing
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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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economy is the first to be blamed when retail sales are down (Poloain‚ p.13). The real change in the retail industry is technology; trade laws‚ competition‚ product sourcing‚ brand recognition and customers all affect global expansion. The changing economics of both industrialized countries that have reached full production capabilities and have well developed in fractures and technologies‚ as well as those countries that are still developing offer retailers the chance to expand into foreign countries
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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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Determinants of Economic Growth in Developing Countries: A Panel Cointegration Approach Zequn (Charlie) Li December 19‚ 2014 Economics 385 St. Olaf College Abstract Many factors influence the economic growth process. Especially‚ the inflow of foreign direct investment (FDI) has been found to play a crucial role in the economic growth of receiving countries. This paper examines determinants of economic growth in developing countries from 1991 to 2010. Using panel cointegration approach
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In one sense people think of globalization as something that will homogenize a local culture so much so that it is unrecognizable‚ which would be a bad thing. Today globalization frequently applies to "modernization" by means of the introduction of new technology into an existing culture. Here we must be careful because what some might view as culture forms one of the pillars that becomes the basis for legitimacy in a society. Culture is the glue that enables a population to view itself as a cohesive
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FISCAL DECENTRALIZATION AND ECONOMIC GROWTH IN PAKITAN A Thesis Submitted to the Faculty of Institute of Management Sciences‚ Peshawar In Partial Fulfilment of the Requirements for the Degree of MBA (Finance) (2009-2011) Institute of Management Sciences‚ Peshawar
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Journal of International Development J. Int. Dev. 16‚ 1–12 (2004) Published online in Wiley InterScience (www.interscience.wiley.com). DOI: 10.1002/jid.1059 GLOBALIZATION‚ PRODUCTION‚ EMPLOYMENT AND POVERTY: DEBATES AND EVIDENCE1 RHYS JENKINS* School of Development Studies‚ University of East Anglia‚ Norwich‚ UK 1 THE DEBATE ON GLOBALIZATION AND POVERTY The impact of globalization is one of the most controversial development issues of the day. Globaphobes attribute most of the ills of
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Invasive Species have been described as an organism which is not native‚ and causes negative effects on the ecosystem‚ and to the health of humans. These organisms can be Fauna‚ Flora (Flora and Fauna refer to plant and wildlife‚ respectively)‚ a fungus or a bacterium. However‚ not all introduced species are invasive‚ but invasive Fauna and Flora‚ have been said to be the 2nd greatest threat to biodiversity post habitat loss. In his book‚ Invasive Species in a Changing World‚ Richard J. Hobbs (2013)
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Heaney‚ L. 2006) Biodiversity plays a large role on what the society is possessing today. Its’ significance can be divided into two main aspects: the economic benefits and the services it gives to humanities. The most politically appealing and economically attractive argument in favour of maintaining biodiversity is that it provides enormous direct economic benefits in the form of food‚ medicines‚ industrial raw materials and has the potential for generating many more. (Ehrlich and Wilson‚ 1991; McNeely
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