Philippine economy. In 2009‚ gross value added in food manufactures and beverage industries reached P903.7 billion at current prices‚ contributing 58 percent of total manufacturing output and 12 percent of the country’s gross domestic product. In real terms‚ the sector contributed nearly half of total manufacturing output and 11 percent of GDP. The industry has generally grown over the past five years‚ with real growth of 4.8 percent per year. The key growth drivers include the consumers’ increasing
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Developing Countries in the World Trade in Agriculture: Bangladesh Perspective. 1. Introduction. Agriculture directly or indirectly‚ is the main source of livelihood of most of the people all over the world. It provides a considerable portion of the national GDP of all developing countries and for the poor countries it provides the main portion of GDP. However‚ the World Trade Organisation (WTO) is the key organisation for controlling the world trading system and of which agriculture
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them. They succeed in many areas because they present a good image to their seniors at the expense of their workers. Be Know Do The basis of good leadership is honorable character and selfless service to your organization. In our employees’ eyes‚ leadership is everything one does that affects the organization’s objectives and their well-being. Respected leaders concentrate on: o what they are [be] (such as beliefs and character) o what they know (such as job‚ tasks‚
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Although corruption is not a new phenomenon‚ in recent years‚ corruption has become a major issue in developing countries; it is also widespread and part of everyday life. Not only that‚ corruption has become a serious obstacle in the development process of developing countries. Because of corruption good governance can be weakened‚ public policy can be misrepresented and it can also lead to misallocation of resources and harm the economic development (Bardhan‚ 1997; Rose-Ackerman‚ 1999‚ as cited
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1. Describe the trends in unemployment and inflation The number of people out of work fell by 14‚000 to 2.5 million in the three months to December 2012 (ONS).The unemployment rate was 7.8%‚ of the economically active population‚ down 0.1% on July to September 2012. A few months after the start of the recession in 2008‚ unemployment started to rise sharply. When the global financial crisis hit‚ the unemployment rate was a little over 5% or 1.6 million. Towards the end of 2009‚ with the UK coming
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What is inflation rate? Inflation means a sustained increase in the aggregate or general price level in an economy. Inflation means there is an increase in the cost of living. What are the economic policies that lead to low inflation in an economy? 1. Monetary Policy In the UK and US‚ monetary policy is the most important tool for maintaining low inflation. In the UK‚ monetary policy is set by the MPC of the Bank of England. They are given an inflation target by the government. This inflation
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Was the cold war inevitable? As we all know‚ the two superpowers; the Soviet Union and the United States rose to victory after the Second World War and many argue that after WWII‚ there was clearly going to be a long-lasting cold war. With regards to why the cold war started‚ there are a couple of main reasons that are said to have started this war. Some believe that it was because of the Soviets and Stalin‚ and some believe that it was a cautiously assembled plan for the United States and UUSR
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Jesse Roach Stidham Eng 112-4144 Toulmin Argument Essay October 8‚ 2014 The Inevitable Future It is hard to argue the fact that our future will see technological advances that will shape and change the way people go about their lives. Although change is imminent‚ it is unknown exactly how and to what degree these changes will impact society as a whole. These types of questions are the focal points of arguments set up by two highly respected technological minds‚ Ray Kurzweil and Bill Joy‚ who take
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The effects of inflation will depend partly on whether it is ‘anticipated’ or ‘unanticipated’ inflation. The Impact also depends on the levels of inflation; high levels are more damaging than low levels. Inflation can cause a number of problem for an economy‚ such as the following: • If prices are increasing this creates costs for firms because they may have to update menus‚ price lists‚ brochures‚ and other materials when prices change in an economy to reflect the higher prices. Because this
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Splices and joints are two names for essentially the same thing‚ that is‚ methods of connecting two pieces of wire so as to carry either a signal or an electrical current. Usually‚ these types of connections are achieved using a soldering iron. However‚ it is highly important that the splice or joint be strong regardless of whether solder has been applied or not. Several ways exist in which to accomplish this sort of a connection. Knotted tap joint A
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