THE EFFECT OF EXTERNAL DEBT ON THE NIGERIA ECONOMY (1989 - 2009) ABSTARCT This study is meant to examine the effect of external debt on gross domestic product using econometric analysis. The research revealed that Nigeria’s external debt has contributed immensely to the gross domestic product. This has affected investment on the domestic productivity and hence invariably affected the economic growth and development. Due to the macroeconomics distortion in
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economic growth over recent years. The rise of NICs such as Malaysia‚ South Korea‚ which is the biggest shipbuilding nation followed by China and Japan‚ has greatly increased the international division of labour. However the main Research and Development sector remains within the parent countries. During early development of NICs‚ TNCs from developed nations utilised the cheap workforce and outsourced their manufacturing into NICs. This is because they originally attracted a lot of inward investment such
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Positive impact of MNC & FDI Positive impact of MNC & FDI International Political Economy Second exam J.C. Odencrantz 4/24/2012 TN Gilpin writes that “opinions corporate on differs greatly over the significant for international and domestic economic affairs of the Globalization of corporate activities” explore how MNCs and FDI impact domestic and international economies using one of the perspectives discussed by Gilpin (perspectives can be from business economics or political
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As one paper asserts‚ when “all economic activities related to agro-processing and supply of non-farm agricultural inputs are included‚ the agricultural sector broadly defined accounts for about two-thirds of the labor force and 40 per cent of GDP.” Therefore‚ the agricultural sector plays a major role in the development of the country’s economy. The main source of the negative consequences of the AOA for the Philippines is its being a highly inequitable agreement that institutionalizes high levels
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How high? The national debt is currently at $19 trillion and expanding daily. During Barack Obama’s inauguration day‚ the national debt exceeded $10 trillion. Obama inherited a broken economy with a frozen financial system‚ unemployment hitting double digits‚ a $455 billion deficit‚ a banking crisis‚ and massive layoffs. Simply put‚ there were not enough taxes to make up the federal government’s extravagant spending. Eight years earlier‚ Former President George W. Bush inherited a surplus and envisioned
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1.3. Objectives: Objectives regarding this study are as follows: ➢ To fulfill academic requirement; ➢ To gain practical knowledge in employee behavior; ➢ To compare employee behavior of Government sectors with other private sector Banks. ➢ To get an overview of the Banking organizational behavior in our country. ➢ To identify major strength and weakness of P in respect to other Banks. ➢ To assess and evaluate the growth trends on PBL among
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IMPACT OF THE AGREEMENT ON AGRICULTURE ON THE INDIAN ECONOMY INDIAN AGRICULTURAL SCENARIO Indian agriculture is characterised by a preponderant majority of small and marginal farmers holding less than two hectares of land‚ less than 35.7% of the land‚ is under any assured irrigation system and for the large majority of farmers‚ the gains from the application of the science & technology in agriculture are yet to be realised. Farmers‚ therefore‚ require support in terms of development of infrastructure
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UTILIZATION OF HUMAN RESOURCES (HR) FOR THE-ECONOMIC DEVELOPMENT OF BANGLADESH INTRODUCTION 1. Human being is the God’s best creation. So is the Human Resource (HR)‚ the best of all the resources that a country might possess. ’People’ is one of the four constituents of any state‚ without it there would be no state. As the number of the people goes high‚ the state also becomes wealthier‚ provided that‚ this resource is managed properly to suite the requirement of the state or the country. HR
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Important impact of FDI on Australian economy Jes Hongs Abstract Australia has traditionally relied on inward FDI to meet the shortfall between domestic saving and the level of domestic investment. Inward FDI also continues to play a significant role in making Australian industry internationally competitive‚ and thereby contributing to export growth. Over the past 15 years Australian outward FDI stocks have grown more strongly than inward FDI stocks. Outward FDI enables Australian firms
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Causes and Impacts of flooding in an LEDC- Bangladesh 2007 Introduction Bangladesh is located in the south of Asia. It is bordered by India to its north‚ west and east and by Burma to its south east. The Bay of Bengal is south of Bangladesh and the country lies on the fertile Bengal Delta. The map below shows the location of Bangladesh and shows the two rivers; the Brahmaputra and the river Ganges running through Bangladesh. In July and august 2007 both Bangladesh and India suffered from severe flooding
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