What are the functions of Development Banks? Describe its Quantitative and Qualitative roles. Solution: Development Banks or Development Finance Institutions (DFI’s) as these are normally called in the financial world are a post World War II phenomenon. Their establishment in Africa‚ Asia and other developing countries in most cases coincided with the attainment of independence. Their mission being “to expedite the pace of development in accordance with the national priorities and aspirations
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evidence indicates that the First Five-Year Development plan of the Imperial Ethiopian Government was the first formal planning started in Ethiopia in 1957 (MoFED‚ 2002 ). In the same regime‚ there were three Five-Year development plans. The First Five-Year Development Plan (1957-1961) had the objective of laying foundations for further take-off. The Second Five-Year Development Plan (1963-1967) followed it‚ which was a prelude to a 20 years’ development plan that targeted doubling income in 20 years
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Economic development Economic development is the development of standard of living of humans. Development in infrastructure‚ health‚ industry‚ education‚ and financial institutions are parts of economic development. Average income of a person‚ life expectancy at birth‚ literacy rate‚ etc. are measurements of economic development. In order to increase the standard of living infrastructure facilities should be developed. Developments in roads‚ irrigation systems are a part of economic development
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child development? What are the implications for you as an early year’s teacher? Discuss with reference to current issues and curriculum matters (EYFS‚ ECM‚ SEAD‚ and EPPE. Etc.) Holistic development Every child is unique‚ all children are different no child is the same so this means that all children will grow and develop at different speeds and different rates. Meggitt (2006 p1) states “developmental norms are sometimes called milestones - they describe the recognised pattern of development that
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they go through many physical changes. Children’s physical development is the outcome of countless orderly changes (McDevitt & Ormrod; 2010). There are certain age groups where children’s development will rapidly occur and then begin to slow down. Over the course of middle childhood children tend to show slow but steady gains in both height and weight (McDevitt & Ormrod; 2010). Throughout this essay we will look at the motor development of children in the middle childhood phase‚ the benefits physical
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Advantages and Disadvantages of Globalization on Development in Developing States Globalization brings more economic advantages to developing countries than disadvantages‚ even though this statement is arguable for many. But the simple effect of enabling developed countries and developing countries to compete in the same “Global arena” is already a gain‚ not only for DCs but for LDCs as well. The increased interaction among actors promoted by Globalization facilitates free trade which in turn provide
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Sustainablity Paper Engineering Ethics‚ Sustainable Development and the Law ES 4498F/G Submitted By:Muhammad Musa Khan Submitted to:Dr. Kevin Mcguire The industrial revolution in the 18th and 19th century saw the progress of human kind in manufacturing and energy. The source of this revolution was the discovery of minerals and fossil fuels‚ which the human race started to exploit without thinking of the consequences on the environment. Fossil fuels were burnt for energy and mines were
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Millennium Development Goals Goal 8 – Develop a global partnership for development The MDG’S are eight international development goals that were officially established following the Millennium Summit of the UN in 2000. All 193 UN member states and at least 23 international organisations have agreed to achieve eight developmental goals by 2015. Background of Goal 8 This particular goal was split into a variety of sub – sections and primarily looked at how both the ldc’s and more developed countries
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simple quantitative measures of income‚ employment and gini-coefficient.Underdevelopment is a real fact of life for two billion people of the world- a state of mind as far as a state of national poverty. Gaulet (1971) poignantly describes under development as a shocking; the squalor‚ disease‚ unnecessary deaths and hopelessness of it all. The condition of underdevelopment in its totality is thus a consciously experienced state of deprivation which is rendered especially intolerable as more and more
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Sustainable Development Submitted by: Alingarog‚ Leslie Camille Bellosillo‚ Anna Bianzon‚ Thereese Ciriaco‚ Pauline Dia‚ Christine 3a7 WHAT IS SUSTAINABLE DEVELOPMENT? Sustainable development has been defined by the World Commission on Environment and Development as the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It is a way of achieving economic development or growth while utilizing just the
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