ABSTRACT This study attempted to estimate the environmental impact of Foreign Direct Investment in the mining sector in Nigeria. It is argued that only those countries that have reached a certain income level can absorb new technologies and benefit from technology diffusion‚ and thus reap the extra advantages that FDI can offer. The mining industry in Nigeria is dominated by oil. Indeed‚ Nigeria is the largest producer of this commodity in Africa and sixth largest producers in the world. This research
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Economic Consequences Of AIDS/HIV Affects on economically active people: • Will not be able to work • Women are the main tillers of soil as well as the main cares when family members become ill • When patients are in hospital it is common for woman to take care of them‚ bath them and feed them so pressure is caused not just by the financial burden of hospital care but by the time lost of tending land Impacts on Sexually active: • Impacts on sexually active people is that they will not
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same d) change in an unpredictable manner 2. U.S. imports create a domestic demand for foreign currencies‚ and the satisfaction of this demand: a) decreases the supply of foreign currencies held by U.S. banksXX b) decreases the demand for foreign currencies held by U.S. banks c) increases the demand for foreign currencies held by U.S. banks d) increases the supply of foreign currencies held by U.S. banks 3. If a European importer can buy $10‚000 for 11‚100 euros‚
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Absolute Poverty Sufficient to Achieve Economic Development? Absolute poverty is when people are only able to meet the bare essentials of life such as food‚ clothing‚ clean water‚ education‚ shelter etc. Economic development is the improvement of people’s freedom to live long and healthy lives and to focus on other goals they have reason to value. Reducing absolute poverty should‚ in theory‚ help achieve economic development. This is mainly down to the fact that once absolute poverty is reduced
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POVERTY‚ UNEMPLOYMENT AND GROWTH IN NIGERIA: THE ROLE OF ENTREPRENEURSHIP Raheem Olasupo Akewushola Department of Business Administration and Management Technology Lagos State University‚ Lagos‚ Nigeria. Olawale Ibrahim Olateju Department of Business Administration and Management Technology Lagos State University‚ Lagos‚ Nigeria. Oludare Tolulope Adeyemi Dimension Consult Limited‚ Lagos‚ Nigeria ABSTRACT This paper identified crucial factors influencing the growth and development
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Poverty is defined in many ways. The dictionary definition simply does not suffice to show the human cost of poverty. Poverty is much more than the limited capital resources that this definition suggests. Poverty is defined by the federal government as 16‚660 for a family of four in 1998 ("Child Poverty in the United States" 2000). These figures are tremendously flawed; a single individual residing in the United States would not fare well by the standards of most individuals at this income level
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Economic development is the sustained‚ concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital‚ critical infrastructure‚ regional competitiveness‚ environmental sustainability‚ social inclusion‚ health‚ safety‚ literacy‚ and other initiatives. Economic
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ECONOMIC DEVELOPMENT‚ 1st definition - it is the sum of growth and change Growth vs. change: Growth - the increase in the kinds and quantities of the available resources Change - the rising standard of living Questions to ponder What is the difference between economic development and development? Which comes first‚ growth or change? Can an economy experience growth without change? TWO CONTEXT OF DEVELOPMENT National - development is a combined effort of both the national and
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in which the drug problem impacts poverty. The most obvious way drug use impacts poverty is through the fact that drugs are addictive and an addict will do anything to get their drugs. A drug addict will spend their life savings on drugs once all of their money is gone they may then resort to criminal activities such as robbery in order to satisfy their growing habit. This drastically contributes to the issue of poverty because not only is the drug addict in poverty but the victim being robbed
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THE IMPACT OF THE AGRICULTURAL SECTOR ON NIGERIA ECONOMIC GROWTH PERFORMANCE (1980-2009) ABSTRACT The study set out to ascertain the extent to which Agricultural sector has contributed to the growth of Nigerian economy from 1980 to 2009. As a guide to the study‚ the following hypotheses were formulated: (1) there is no statistical significance between Nigerian agricultural output and real gross domestic product (2) there is no statistical significance relationship between exchange rate fluctuation
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