ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT In contemporary times‚ certain economic registers are used frequently. Arguably two of these most used terms in economics‚ ‘economic growth’ and ‘economic development’ are terms that just about everyone is at least remotely familiar with‚ even if they have not studied economics at all. Sometimes it seems everyone knows what economic growth and economic development is. Politicians use these terms all the time‚ and so do teachers‚ managers and even preachers
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Located in West Africa and bordering the Atlantic‚ Nigeria is a big country that occupies 356‚667 square miles with a total population of 168 million. Nigeria is abundant in natural resources like coal‚ gold‚ lead‚ iron‚ salt‚ copper‚ and zinc‚ but it is best known as a big producer of oil. Thanks to its size‚ population‚ and resources‚ Nigeria is dubbed as “the giant of Africa” (Falola‚ 4). According to World Bank Data of 2010‚ Nigeria has an annual percentage growth rate as 8.0%‚ one of the world’s
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At the advent of the months of October and November‚ the terrains of Manali become bathed up with milky ice. At the day time‚ the sight of the red chinar leaves over the milky ice melting into water automatically attracts attention of the tourists. The brownish ice covering up the entire terrain in its folds is an eye catching scene. As for that‚ there are so many tourist’s places of importance in India‚ but the beauty of Manali is something s Hidimba temple: The ’Hidimba temple’ built up with
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resource development and workers commitment in organization in particular and in Nigeria as a whole. For the purpose of this study‚ the concept of human resource development and manpower development will be used interchangeably. In any organization‚ it is the workforce who is considered important assets for the achievement of organizational goals. Every industry desires to maximize its human resources to see that the best output is achieved. Therefore‚ human resource development policies are closely
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A report to understand how the characteristics of the UK economy‚ fiscal‚ monetary and competition polices can impact on an organisation. Within this report I hope determine in detail all the characteristics of the UK economy‚ government fiscal and monetary policies and how each one effects on the Tesco PLC organisation. I plan to give a clear and comprehensive look into each of the factors which build the UK economy and analyse and evaluate with strong evidence of application to theory throughout
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INTRODUCTION Nigeria‚ like the rest of the world‚ is exposed to a wide range of natural or human induced disasters. While some of these disasters are rapid‚ others are slow-onset‚ resulting in catastrophic situations leading to loss of lives and property‚ degradation of environment. These disasters occur in form of drought‚ desertification‚ flooding‚ epidemics‚ coastal erosion‚ dam failure‚ building collapse‚ oil spillage‚ maritime collision or accident‚ bomb explosion‚ communal clash‚ fire‚ air
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Consumer Price Index (CPI)”. In the context of market economy‚ prices are showing the application so it can be said that inflation is caused by a “mismatch” between aggregate demand and aggregate supply‚ signaling economic imbalance. However‚ in its complexity‚ inflation is a monetary imbalance caused by increasing the amount of money in the economy and hence the declining purchasing power of the currency. Ludwig von Mises explained the phenomenon using the example of the situation in the economies
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"Education is the best economic policy there is". (Tony Blair) Economic policy is defined as “a government policy for maintaining economic growth and tax revenues". (The free dictionary) Economic policy is the actions taken by the government in the economic field. They make decisions on the tax rate‚ how much to spend‚ how much to import and export. Supply-side economics thinks that economic growth can be most effectively created by lowering barriers for people to produce goods and services as well
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ECONOMICS DEPARTMENT UNIVERSITY OF NIGERIA NSUKKA IMPACT OF MACROECONOMIC VARIABLES ON STOCK PRICES IN NIGERIA: AN ECONOMETRIC ANALYSIS UCHE‚ GEORGE EWA 2011 IMPACT OF MACROECONOMIC VARIABLES ON STOCK PRICES IN NIGERIA: AN ECONOMETRIC ANALYSIS UCHE‚ GEORGE EWA 2007/147949 Being a research project submitted to the Department of Economics‚ in partial fulfillment of the requirements for the award of a Bachelor of Science Degree in Economics. AUGUST‚ 2011 i APPROVAL PAGE This
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Essay on National Development SENTHIL KUMAR ESSAY The term National development is very comprehensive. It includes all aspects of the nation. It is dynamic and revolutionary development. National development is the total effect of all citizens’ forces and addition to stock of all physical‚ human resources‚ knowledge and skill. National development is growth plus change; change in turn is social‚ cultural‚ and economic. It is qualitative as well as quantitative. Development is brought by human
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