International Trade International trade is exchange of capital‚ goods‚ and services across international borders or territories. In most countries‚ it represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history‚ its economic‚ social‚ and political importance has been on the rise in recent centuries. Industrialization‚ advanced transportation‚ globalization‚ multinational corporations‚ and outsourcing are all having a major
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CREDIT RISK MANAGEMENT AND PROFITABILITY OF COMMERCIAL BANKS IN KENYA BY ANGELA M. KITHINJI SCHOOL OF BUSINESS‚ UNIVERSITY OF NAIROBI‚ NAIROBI – KENYA. akithinji@yahoo.com or akithinji@uonbi.ac.ke OCTOBER‚ 2010 TABLE OF CONTENTS 1.0 INTRODUCTION....................................................................................................................1 1.1 Background ....................................................................................................................
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Does Economic Development always lead to Improvements in Livind Standards? Economic growth and economic development are often thought to be synonymous but although the two are closely linked‚ there are crucial differences in their meanings. Economic growth is defined as ’a rise in the total output (goods or services) produced by a country’. It is measured by the percent rate of increase in the gross domestic product (GDP). Economic development as defined by Todaro is "not purely an economic phenomenon
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1. Economic Growth‚ Technology and Structural Change Economic Development: Growth is associated with structural‚ social change and change in the important institutions of the economy. These institutions evolve within the development process. Institutions are the result of past historical and social developments. Since different countries have different pasts‚ institutions will vary. “Development is about improving the quality of people’s lives‚ expanding their ability to shape their own
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Economic Systems of Different Countries Canada: The Government of Canada is a Federal Parliamentary Democracy and a member of the Common Wealth. The Prime Minister of Canada is the Honorable Jean Chretien. The Deputy Prime Minister is Sheila Copps and the Governor General is Romeo LeBlanc. There are five major political parties in Canada they are; the Progressive Conservatives‚ the Liberal Party‚ New Democratic Party‚ the Reform Party‚ and the Bloc Quebecois. The GNP per capita
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1.0 Introduction Bangladesh economy has been experiencing a rapid growth since the ’90s. Industrial and agricultural development‚ international trade‚ inflow of expatriate Bangladeshi workers ’ remittance‚ local and foreign investments in construction‚ communication‚ power‚ food processing and service enterprises ushered in an era of economic activities. Urbanization and lifestyle changes concurrent with the economic development created a demand for Banking products and services to support
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TERM ASSIGNMENT #2: Environmental Sustainability And Economic Development Environmental sustainability and economic development can be considered contending imperatives. We as humans have a burning desire for economic growth and prosperity‚ while at the same time we have a need for the resources the planet provides us. Typically in order to grow our economy it requires that we deplete natural resources such as lumber‚ oil and minerals by means of deforestation‚ drilling and mining
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Pattern and Sources of Economic Growth‚ comparison between Bangladesh and India. Introduction: GDP (Gross Domestic Product) is indicator of a nation’s economic Growth- Measured by the market value of all officially recognized final goods and services produced within a country in a given period. Through GDP growth we can measure the economic growth‚ especially very much useful indicating tools for measuring growth in the least developed countries (LDCs)‚ like Bangladesh‚ Haiti‚ Samoa‚ Afghanistan
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TRADE FINANCE ROLES OF BANKS Prepared by Goodluck Nkini Manager Trade Finance CRDB Bank Limited. March 2005 Definition: Trade financing is the provision of any form of financing that enables a trading activity to take place and which may be made directly to the supplier‚ to facilitate procurement of items for immediate sale and/or for storage for future activities‚or it could be provided to the buyer‚ to enable him meet contract obligations. Importance of Trade Finance The availability
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Inequality on Economic Growth ¨ Hausarbeit im Rahmen des Hauptseminars ”Okonomie des Geschlechterverhaltens in der Geschichte” von Prof. Dr. Baten im SS 2004 David G¨mbel u Quellgasse 16 72070 T¨bingen u Informatik Contents 1 Introduction 2 Gender Inequality and Economic Growth 2.1 Recent Research . . . . . . . . . . . . . . . . . . . . . . . . . . 2.2 Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 2 3 3 Analysis of the Impact of Gender Inequality on Growth in Industrialized
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