opening up a new source of supply of materials or a new outlet for products‚ by reorganizing an industry”. Entrepreneurs act as the locomotives for the economic development of the country. There are various roles which entrepreneurs play in the economy. Role of entrepreneurship in economic development Entrepreneurship nowadays is universally recognized as critical resource in the economic development process of a country. The entrepreneurs played significant role in the economic development
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Section – A I. Economic Environment : Meaning‚ Factors affecting Economic Environment‚ Basic Features of Indian Economy‚ India in World Economy. Economic Policies : Agriculture Policy‚ Industrial Policy‚ Commercial Policy & Fiscal Policy. Economic Planning : Meaning‚ Importance‚ Objectives & Techniques of Planning. II. III. Section – B I. Significance of Agriculture in Indian Economy and New Agriculture Strategy. Agriculture Finance (specially Kisan Credit Card)‚ Nature of Risk and Uncertainty
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Name: Sakshi Vora The Goldman Sachs London Olympics Forecast Date: 16th Oct 2014 The Goldman Sachs Olympic study focuses on how countries with progressive economic environment are likely to achieve more Gold and total medals. Economies with sound political system‚ higher income levels and strong economic growth have significant success at Olympics since they can facilitate better training‚ development and infrastructure to their athletes. Apart from elementary determinants like demographics
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Foreword by HE Abdul Baset Al Janahi‚ Chief Executive Officer‚ Dubai SME 05 Introduction to the Report 07 SME Definition for Dubai 09 Structure of the Report and Study Methodology 17 Executive Summary 21 The Dubai Economy 22 Business and SME Landscape in Dubai 23 Performance of the SME Sector 25 Financial Health of SMEs 26 State and Characteristics of SMEs in Dubai 31 - Degree of International Orientation 32 - Prevalence of Innovation
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We Need a Traditional Chinese Medicine Kelly Ross said‚ “The U.S. economy was broken long before the Crash of 2008‚ but its weakness was temporarily papered over by a real estate bubble in the Bush years.” (Ross‚ 2012) It seems like that we are experiencing a financial crisis right now‚ but the truth is that our economy system is weaker than what we thought. How do we resolve the underlying problems? Think about China‚ why is China doing so well? Cheaper labor cost‚ lager export‚ or huge
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factor for the growth of home and host countries GDP. FDI and Trade performances are positively engage in the complementarity or substitutability relationship depending on the country factors advantages and microeconomic and macroeconomic scale of economies in firm and industrial level. The main objective of this paper is to expose how outward FDI influence home country’s export performance. Previously there have been conducted a lot of empirical studies on country’s trade (export) performance and FDI
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1. Introduction This essay will focus on the case analysis of the political economy in South Korea and how it has influenced the foreign direct investment (FDI) in South Korea after the global financial crisis (GFC) in 2007. It will give a brief introduction of what the political economy is. And then a case study will be provided about the political system‚ the legal system and the economic system in South Korea and the interconnectedness of these three systems and their influence on the environment
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Challenges: energy supply (South Africa) Capacity constraint that has arisen precisely because of the country’s strong economic performance in recent years is the largest immediate menace to South Africa’s continued economic growth. This growth‚ coupled with the rapid industrialisation and mass electrification programme of the last decade‚ eventually led to demand for electricity outstripping supply in January 2008. At the end of 2007‚ South Africa began to experience an electricity crisis. State
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Human Geography – The Globalisation of Economic Activity 1. Uneven Development in the Global Economy * Globalisation * Characteristics * Processes * Impact on the world economy * Uneven global distribution of activities - Illustrate how globalisation has affected the economies of LDCs‚ DCs and NIEs * NIDL * Causes of the emergence of a new NIDL * Impact of the emergence of NIDL on the global economic activities * Impact of new technologies on
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projects for infrastructure development 8 (iii) Emphasis on higher education 9 (v) Investing in the development of new technologies: Developing a knowledge 9 economy 9 (vi) Devolution 10 Will it Deliver? 10 Measuring Success against Key Performance Indicators 11 Conclusions 12 Introduction The turnaround in the macro fundamentals of the Pakistan economy by the Musharraf government‚ reflected in the restoration of the fiscal balance‚ external credibility and the rekindling of economic growth‚ has been the
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