CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Recent literatures on economic growth asserted that ex-ante development of the financial system facilitate ex-post economic growth (e.g. Rajan and Zingales). In recent time‚ the link between financial market development and economic growth has received much attention in the literatures (King and Levine 1993‚ Rajan and Zingales 1998‚ Calderon and Liu 2002‚ Sunday E. Ewah and Judey Bassey 2004‚ T.S. Osinubi 2000). This is not unexpected
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FDI and Economic Growth in the Export-Oriented Economy of Fiji: Some Empirical Results RUKMANI GOUNDER School of Economics and Finance‚ Massey University‚ Palmerston North Email: R.Gounder@massey.ac.nz Abstract This study examines the role of Foreign Direct Investment (FDI) in in the case of Fiji since 1970 to 2010 in the climate of four military coups in this period. In the early stage of industrialization‚ the government of Fiji turned the island economy into an Export Processing Zone. The objective
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HOST COUNTRY ECONOMIC GROWTH Abstract: Numerous researchers have investigated the impact of FDI on economic growth. Unfortunately‚ the empirical literature has produced conflicting conclusions. Specifically‚ this paper assesses whether the FDI impact on economic activities in the host countries. This study by using a panel data for 94 countries over the 1991–2010 period‚ shows that there is not a strong complementary connection between FDI and economic growth. Furthermore‚ FDI lonely
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China Economic Review 17 (2006) 395 – 411 Financial development and economic growth: Evidence from China Qi LIANG a‚b‚*‚ Jian-Zhou TENG c‚d b Department of Finance‚ School of Economics‚ Nankai University‚ Tianjin‚ 300071‚ China Graduate School of Commerce and Management‚ Hitotsubashi University‚ Kunitachi‚ 186-8601 Tokyo‚ Japan c Graduate School of Economics‚ Hitotsubashi University‚ Kunitachi‚ 186-8601 Tokyo‚ Japan d School of Mathematics and Statistics‚ Northeast Normal University‚ Changchun
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The Government Should Take Steps to Control Population Growth Jie Wang EAP2 Writer’s Workshop Ms. Miller February 21‚ 2013 Abstract During the last 30 years‚ the world’s population has haven an increase of 60%. This paper focuses on the demographic situation and the problems of population growth. It discusses the benefits of population control in terms of economic development‚ environmental issues‚ employment pressure and education opportunities. It also talks about the disadvantage of population
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How is public debt related to economic growth and unemployment? In this project different economics variables will be compared with each other to see if any correlations between them exist to perhaps explain certain trends and changes in the variables. The three focused on in this report are GDP growth‚ Government Debt and Budget surplus/deficit. There is a huge standard deviation in the data given for GDP. In both 2009 and 2010 the standard deviation was over four and a half times larger than
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Optimal Growth Conditions and Generation Time for E. coli Introduction The goals of these exercises were to determine the optimal growing condition and the generation time of E. coli. Materials and Methods Please refer to the lab manual for a complete list of materials. To determine the optimal growth condition for E. coli‚ we had to test the environmental factors that could affect the growth. We tested the relative growth of E. coli in the presence and in the absence of oxygen. The results
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The general and specific objectives are listed and the scopes of the study are described. 1.1 Background of the Study 1.1.1 Malaysia Economic Growth Malaysian economy was consistently reached a GDP growth of more than 7% followed by the low inflation rate in the 1980s and 1990s. The economy went on to an extensive diversification and continued economic growth averaging 9% per annum in the period of 1988-1997. During the year of 1996-1997‚ on average‚ the economy had grown at annual rate of 8.7% whereas
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Bovine Growth Hormones: Should We Use Them? Michelle Szalasny Dr. Juan Bouzat Sarah Wofford Biology 2040H Fall 2013 Introduction Recombinant Bovine Growth Hormone‚ also referred to as Bovine Somatotropin (rBST)‚ is a genetically engineered growth hormone most commonly manufactured by Monsanto. Monsanto sells this drug under the name of “Posilac” to dairy farmers who choose to use the growth hormone. Although most of these bovine growth hormones
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Explain this statement. 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
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