Economic growth brings greater happiness- how far do you agree with this statement? What is happiness? It is just one word‚ but every person has his own view on this question. Happiness is a basic of nature. Somebody think that it is God’s gift or result of luck‚ but some people claim that happiness is in your hands‚ you do it by yourself‚ you have to achieve your aims to be happy. Some people confuse happiness to pleasure‚ pleasure is a drink of water in the hot day‚ a comfortable bed after difficult
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Role of financial institutions on inclusive growth Financial markets in India have acquired greater depth and liquidity over the years. Steady reforms since 1991 have led to greater integration of India’s economy with the world economy. Consequently‚ the global economic crisis has impacted India’s growth as well. Banks and financial institutions‚ acting as intermediaries and channelizing the savings into productive assets‚ have a very important role to play in reversing this slowdown. The study
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Introduction The economic reforms started in 1991 ushered in a new era in Indian Economy. From a protected economy it became an open globalised economy which was supposed to be integrated well to the world economy. Some Macroeconomic Indicators existing at the onset of economic reforms. Indicators Particulars Population BPL 36.8% Per Capita Income growth 3.3% GDP Growth Rate 5% The Planning Commission estimates the population below the poverty line using the expenditure distribution of NSS
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Banking Sector Reforms and NPA: A study of Indian Commercial Banks Meenakshi Rajeev H P Mahesh ISBN 978-81-7791-108-4 © 2010‚ Copyright Reserved The Institute for Social and Economic Change‚ Bangalore Institute for Social and Economic Change (ISEC) is engaged in interdisciplinary research in analytical and applied areas of the social sciences‚ encompassing diverse aspects of development. ISEC works with central‚ state and local governments as well as international agencies by undertaking
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ROLE OF EDUCATION IN A DEVELOPED COUNTRY Ads not by this site About the role of education in a developed country. Over the years‚ mankind has recognized the need of maintaining an educated civilization as being part of the patterns and orders of evolution. It is fairly safe to say that without education there cannot be any progress on a social‚ moral as well as economic scale. Knowledge and culture are the basic elements to a thriving and prosperous society. From a social point of view‚ education
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Intelligent Approach to the Tole of Export in the Economic Development of Malaysia ’‚ Journal of Applied Economics‚ Vol 27‚ No 4‚ December 1999 2. Balassa B.‚ "Exports and Economic Growth: Further Evidence"‚ Journal of Development Economics‚ 5‚ 1978 3. Chong Chee Keong‚ Zulkornain Yusop & Veneu Khem-Sen Liew‚ "Export-led Growth Hypothesis in Malaysia: Application of Two-Stage Least Square Technique‚" departments of Economics‚ Faculty of Economics and Management University Putra Malaysia 4.
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to men has been an issue that has had widespread implications and sometimes even controversy as it relates to the women’s movement‚ changes in the overall labor force‚ and the ongoing discussion about economic equality and opportunity between men and women. Additionally‚ there have been great economic differences amongst women in the workforce along racial and educational lines as well. Since the 1950s‚ women in America have trailed men significantly in regards to their wages. Figure 1 shows that
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Role & Contribution of Insurance Sector Including Insurance Brokers (intermediary) in the Development & Growth of an Economy & Employment in any Country! Executive Summary: The aims of any economic planning are to produce a competitive environment to promote employment and sustainable long-term growth. This paper demonstrates that the insurance industry plays a vital role in this strategy and provides evidence on how insurers contribute to growth and employment in Europe. Economists have demonstrated
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AS AN ECONOMIST DISCUSS HOW THE 2013 BUDGET SPEECH HAS ADDRESSED OR NOT ADDRESSED THE PROBLEMS OF LOW ECONOMIC GROWTH‚ ECONOMIC DIVERSIFICATION AND UNEMPLOYMENT IN BOTSWANA ECO 322 ASSIGNMENT 2/1/2013 OFENTSE JIMMY SEEMULE ID:201000445 INTRODUCTION The budget speech is important information for the nation‚ and other countries‚ because it is able to attract both local and foreign investors‚ therefore it is imperative that issues addressed by the budget speech be clear‚ truthful
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Outline Comments Topic: How culture affects economic growth. TS1: The first aspect of culture that affects the economy is people’s way of life. TS2: People’s values can also influence a country’s economy. Thesis: Economy can be affected both in positive and negative way depending upon the culture of each country. TS1: Culture is the thing to define the way of living of people in each country. SP1.1: Economy can be affected by people way of living. (eg. How people consume things and services
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