ECONOMIC DEVELOPMENT‚ 1st definition - it is the sum of growth and change Growth vs. change: Growth - the increase in the kinds and quantities of the available resources Change - the rising standard of living Questions to ponder What is the difference between economic development and development? Which comes first‚ growth or change? Can an economy experience growth without change? TWO CONTEXT OF DEVELOPMENT National - development is a combined effort of both the national and
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Federation of Automobile Dealers Associations – www.fadaweb.com India ’s Small Car Dream The term "small car" is both relative and subjective. A small car in the US or the Middle East is regarded as big in countries such as India and Indonesia. Within a particular country‚ too‚ the small car market has fairly heterogeneous products. While a car equipped with the latest technology such as the Suzuki Swift is a small car‚ the basic Nano‚ which is available at one-third the price of the Swift‚ also
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Economic development generally refers to the sustained‚ concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital‚ critical infrastructure‚ regional competitiveness‚ environmental sustainability‚ social inclusion‚ health‚ safety‚ literacy‚ and other
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THE IMPACT OF NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) ON ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF BWARI MUNICIPAL AREA COUNCIL‚ FCT‚ ABUJA) AYOOLA ISAIAH OLUFEMI REG NO. 51026 A RESEARCH PROJECT SUBMITTED TO CHARTERED INSTITUTE OF ADMINISTRATION IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF DIPLOMA IN BUSINESS STUDIES (DBS) JULY 2010 DECLARATION I declare that this research project work was carried out by me through extensive study and readings and that the relevant
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AND FRUSTRATION AMONG SMALL SCALE BUSINESS OWNERS IN NIGERIA: CAUSES AND SOLUTIONS (A CASE STUDY OF APHA FURNITURE COMPANY‚ IKPOBA SLOPE BENIN CITY) CHAPTER ONE INTRODUCTION Background of the Study Before the arrived of the British Colonialists in Nigeria‚ there were numerous small scale industries and handicraft enterprises based on the available raw materials to meet local and regional demand. The Hausa‚ Yoruba and Bini people developed significant small-scale manufacture of goods for
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characteristics of Economic Development A country or a society’s economic development is usually associated with rising incomes and related increases in consumption‚ savings‚ and investment. Surely‚ there is far more to economic development than income growth; for if income distribution is profoundly swerved‚ growth may not be conducted by much progress towards the aims that are usually connected with economic development. But what other characteristics are linked with economic development? Low
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Johann Philip Sanchez 11107052 CONADEV K34 Economic development has been influenced by four different major theories that talk about how change is best accomplished. The theories are the Linear Stages of Growth theory‚ the Structural Change theory‚ the Neoclassical Counter Revolution theory and the New Growth theory. The linear stages of growth model is something like the Marshall Plan‚ which was used to rebuild the war-torn countries of Europe after the war. This theory basically believes
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CHAPTER ONE INTROUDCTION 1.1 BACKGROUND OF STUDY The current period in the world economy is regarded as period of globalization and trade liberalization. In this period‚ one the crucial issues in development and international economics is to know whether trade openness indeed promotes growth. With globalization‚ two major trends are noticeable: first is the emergence of multinational firms with strong presence in different‚ strategically located markets; and secondly‚ convergence of consumer tastes
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CATHOLIC UNIVERSITY COLLEGE OF GHANA‚ FIAPRE FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION RESEARCH PROPOSAL ASSESSMENT OF CREDITS MANAGEMENT AMONG RURAL BANKS IN THE SUNYANI MUNICIPALITY: THE CASE OF CAPITAL RURAL BANK BY George Wiafe Tel. 0246086125 DECEMBER‚ 2012 CHAPTER ONE INTRODUCTION 1.1 Background of the Study The introduction of Rural and Community Banks (RCB) into the financial sector of Ghana dates back to the late 1970s. To set the background to this paper
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ARTICLE IN PRESS Telecommunications Policy 33 (2009) 29–40 Contents lists available at ScienceDirect Telecommunications Policy URL: www.elsevierbusinessandmanagement.com/locate/telpol Estimating scale economies of the wireless telecommunications industry using EVA data$ Changi Nam a‚ Youngsun Kwon a‚Â Seongcheol Kim b‚ Hyeongjik Lee c a b c School of IT Business‚ Information and Communications University‚ 119‚ Munjiro‚ Yuseong-gu‚ Daejon 305-732‚ Republic of Korea Associate Professor
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