Economic growth is defined as the increase of per capita gross domestic product (GDP) or other measure of aggregate income. It is often measured as the rate of change in real GDP and it refers only to the quantity of goods and services produced. As we all know‚ each country has its own economic development that can be affected both positively and negatively. When a country experiences a negative growth‚ it can be referred to by saying that the economy is “shrinking” and it is associated with economic
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ASSET OR A DRAWBACK IN PROMOTING QUALITY EDUCATION? Sol F. Constantino (ED 213)Graduate School‚ Ateneo de Naga University There are ample reasons behind the emergence of K+12 Basic Education Program. With our country’s current situation‚ consequently it became an issue. Similar to coin tossing‚ this argument has its heads and tails thus it earned different public reactions; an approval from those who viewed K+12 as the answer to the poor quality of basic education and stern rebukes from “folks
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MSc BUSINESS ECONOMIC AND FINANCE Title of Project The determinant of economic growth in emerging markets: A case study of China. Tarik TOUAT Student ID: 10034757 August 2011 Project Supervisor: Dr. Helen Solomon. Abstract China has enjoyed a very rapid economic growth over the past decades. The impressive growth was driven by several factors. This study aims to determine those factors which contributed to unprecedented economic growth of China and show the relationship with
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MASTER MINDS - QUALITY EDUCATION BEYOND YOUR IMAGINATION 8. BUDGETARY CONTROL 1. DEFINE THE TERM BUDGET. Definition: Budget is a financial and /or quantitative statement‚ prepared and approved prior to a defined Period of time of the policy to be pursued during that period for the purpose of attaining a given objective. It may include income‚ expenditure and employment of capital. Features: 1. 2. 3. 4. Financial and/or Quantitative Statement. Futuristic prepared and approved prior
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children who attended early childhood centers of high quality not only achieve more success at school but also continued to accomplish more after they had left school. (Early Childhood Development‚ 2001). Undoubtedly‚ the role of quality early childhood education plays a vital part in a child’s developing years‚ and we will be discussing three quality indicators relevant to early childhood education and why they are important for children and those in regard
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specifically geared to the needs of policy-makers and planners in the 1980’s. Professor of Economics‚ University of the Philippines Population and Development Research 289 Background The increased concern about the role of population in development led many governments at the turn of the 1970’s to adopt an official population poli~y whose main fo~us was the reduction of the rapid population growth. The main population program was the family planning program aimed at providing contraceptive
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engaged in economic development both at the national and regional level (OECD‚ 1996). The study of economic growth must start with the study of the people who produce it. They work with their own hands‚ design‚ build and operate the machines of production‚ and structure and run the institutions and markets that make growth possible. Julian Simon concluded that the size of the human population together with the technologies these people produce is the root cause of economic growth (Simon‚
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Stock market development and economic growth Executive summery This paper examined the relationship between stock market development and economic growth of two Asian developing countries‚ that is‚ Pakistan and Bangladesh‚ after the liberalization period of 1990s. The relationship measured were in terms of size (market capitalization)‚ liquidity (total value of stocks traded and stock turnover ratio) and volume (total number of companies listed in the stock exchange of each of the country). The
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Inclusive Growth and Poverty Reduction in Africa The Experience of Zambia Dr. Francis Chigunta Overview • After stagnating for much of its post‐colonial history‚ economic performance in Africa has improved remarkably in recent times • Average of 5.6 per cent a year • Africa was one of the fastest growing regions in the World from 2001 to 2008 • Despite the global economic crisis Africa’s ‘robust’ growth has since resumed. • 4.8 %on average in 2011 (World Bank)‚ with the • 5.2% (International Monetary Fund)
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Does Political Corruption affect Economic Growth in Transitional Democracies? The call for democracy in the name of economic growth and prosperity has never been louder than it is today. Recent movements such as the “Arab Spring” are attempts to establish a democratic system of government in countries where authoritarians‚ bribery‚ and abject poverty are widespread. According Nye (2009)‚ a professor of economics at Washington University in St. Louis‚ economic growth has a direct effect on the overall
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