financial liberalisation (FL) on economic development in less developed countries (LDC). The paper is divided into several sections; the first examines the concept of financial repression and the second introduces the Mckinnon-Shaw thesis of financial liberalisation; section three looks at the critique of Mckinnon-Shaw thesis. This paper presents some evidence that will indicate a positive relationship between financial liberalisation and economic development (e.g. growth rate). However‚ this relationship
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References: Atoll‚ S. (2009). Transport & Tourism: Global Perspectives. Buda‚ D. (2001). Transport and leisure: report of the hundred and eleventh round table on transport economics Chawla‚ R. (2000). Transport and Tourism. Somali Publications. Duval‚ D. (2007).Tourism and transport: modes‚ networks and flows. European Union‚ (2009). Transport and tourism: practical guide. EUR-OP‚ 2009 Publishers. Gui‚ L. (2009). TRANSPORT AND
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Introduction Terrorism came from the word of ‘terror’ which mean to horror and to fear. There is no specific definition about the meaning of terrorism. This is because the field that related inside terrorism is very wide and there are over 100 definitions of ‘terrorism’ according to studies. Terrorism have been existed for many years as a global phenomenon‚ but only in few decades ago that it has been getting stronger and to influence our daily lives with any costs. In our report‚ we will explain
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Air Transportation Air Transportation Definition Evolution of air transportation Definition‚ terminologies and technological innovation The aircraft‚ airways‚ airports‚ and other air transport infrastructure Airline services Types of air transportation Types of airlines and major carriers Airlines and its impact on tourism International and Philippine air transport regulatory agencies (DOTC‚ ATO‚ CAB‚ ICAO‚ IATA) Roles and importance of air transportation Issues and concerns in air
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Reconstruction was the era right after the Civil War. After the Union’s victory‚ the overall goal for the country was to rebuild the South and preserve the Union. The period between 1865 through 1877‚ created many questions as to whether African Americans were free or still enslaved. During reconstruction‚ some African Americans were free but others were still slaves. Many African Americans were free during reconstruction. The 13 th Amendment specifically states‚ “Neither slavery nor involuntary
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Revolution introduced great changes in the industrial and technological development. Both the North and the South created many advances in railroad and water transportation. The Union‚ however‚ was far more advanced technologically than the Confederate states . Consequently‚ the North made greater and more effective use of progress in weapons‚ communication‚ transportation and medicine than South . Although the industrial development made the nation very widely known‚ both the south and the north were
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“Sustainable development (SD) is maintaining a delicate balance between the human need to improve lifestyles and feeling of well-being on one hand‚ and preserving natural resources and ecosystems‚ on which we and future generations depend” (Authorstream‚ 2010‚ p 1: ¶ 1). In concurrence‚ the World Commission on Environment and Development (WCED) asserts that SD is‚ “development that meets the needs of the present without compromising the ability of future generations to meet their own needs” (Authorstream
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Before the nineteenth century transportation was a very hard and daunting task to do unlike in today’s world where it is fairly easy and fast to travel from place to place everyday. Back then there was only a few ways to transport people and goods around the country such as Horse and buggie or by boat. Transporting goods around the country was a much slower and longer process to do back then than it is today. Soon after during 1970 new ideas were being created to provide a faster and quicker ways
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3. Which governmental entities develop transportation policy? What powers and limitations exist for these agencies? According to the text‚ the three branch of government all have a part in establishing policy as it relate to transportation. All branches of government possess some limitation and regards to what control they have with the overall workings of this massive “engine that make the United States work”. With the executive branch (The President and the others that he appoint.) influences
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Evidence in Development: Does Fair Trade support development? Fair Trade is a charitable organisation that was founded in 1992 in order to promote sustainable production whilst fulfilling the farmer’s full potential in a fair and ethical way. Fair Trade have become a successful and well-known brand in a relatively short space of time‚ with Fair Trade products being sold in more than 125 countries and UK figures on Fair Trade sales reaching £1.5 billion in 2012.(Fair Trade ) Part of the reason
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