the other hand‚ development is a multi-purpose and multi-disciplinary term. It can be defined as‚ “A multi dimensional process that involves the quantitative increase in wealth and qualitative changes in the economy through improved technology‚ better utilization of natural resources and better social division of labour.” (Lipalile page 10). Development today is used mostly to describe growth in an economic sense. However from the above definition it is apparent that development is not limited to
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Role of capital market in the context of development of nation What is Capital Market? Institutional arrangements for facilitating the borrowing and lending of long term funds. INVESTORS IN CAPITAL MARKET Role of capital market Capital Formation Economic Growth Development of backward area Generates Employment Long Term Capital to Industrial Sector Generation of Foreign Capital Developing Role of Financial Institution Investment Opportunities Capital Formation Rate of capital
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Introduction: The role of culture in the economic development of countries is often overlooked by economists‚ yet it can significantly affect a country’s economic development. Culture generates assets‚ such as skills‚ products‚ expression‚ and insight that contribute to the social and economic well being of the community. I will show the benefit of culture’s impact on economic development through tourism‚ social capital‚ and corporate governance. In contrast‚ culture can produce negative outcomes
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1 Development Banks: Their role an d importance for development C.P. Chandrasekhar Among the institutions whose role in the develo pment of the less developed regions is well recognised but inadequately emphasised are the development banks. Playing multiple roles‚ these institutions have helped promote‚ nurtu re‚ support and monitor a range of activities‚ though their most important function has been as drivers of industrial development. All underdeveloped countries launching on national
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himself to be a very ambitious man and an extremely motivated individual with many resources. He was alsO known as possessing a great personality and someone who paid close attention to detail. All of which made him the successful entrepreneur who he is today (Robbins‚ Judge‚ 2009). 2. How do you believe Rodriguez would score on the Big Five dimensions of personality (extraversion‚ agreeableness‚ conscientiousness‚ emotional stability‚ openness to experience)? Which ones would he score high on? Which
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set out‚ through an investigation into the Zimbabwean experience‚ to examine the role local Non-Governmental Organisations (NGOs) can play to uphold human rights in a repressive environment‚ in response to state-induced internal displacement situations. The debate about NGOs and their role in the triadic development process (state‚ markets and NGOs) is explored. While NGOs have been projected as the development ombudsman‚ questions about their effectiveness‚ transparency accountability‚ and being
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ROLE OF COMMUNITY RADIO IN COMMUNITY DEVELOPMENT Aim: To analyze how effectively the community radio can be used for the community development. Objectives: • To identify how far the community radio has played its role in creating awareness about the local issues such as social‚ environment and economic. • To analyze the reach of community radio among public. • To identify what genre of program is attracted by the public in community radio. • To analyze how far the community radio has created a change
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Role of Commercial Banks in Economic Development According to Kent: “An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure.” Various economists have different views about the role of commercial banks in economic development. Schumpeter says‚ “It is the banking system which serves as a key agent along with the entrepreneur in the process of economic development”
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Life Span Development and Personality: Amelia Earhart “The woman who can create her own job is the woman who will win fame and fortune” (Amelia Earhart). This is the life span development and personality of Amelia Earhart an American aviator who mysterious disappearance during a round the world flight in 1937 as the world’s best known woman pilot every. The story of Amelia Earhart peaks many peoples’ interests‚ even today. She is known for being the first female to fly over the Atlantic Ocean
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Some people prefer to play team sports‚ while others prefer to play individual sports. Discuss the advantages of each. Then indicate which you prefer and why. Probably‚ I will not tell you a secret if I say that sport plays a great role in our life. It is also known that the reason of its popularity is not only that sport is a well known method to keep fit‚ be healthy and beautiful‚ nice entertainment and recreation. Actually‚ nowadays‚ sports‚ both team and individual‚ is an integrated part of
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