External and internal shocks serious setbacks to economic growth July 2012 IMPERATIVES FOR ECONOMIC DEVELOPMENT Economic growth is likely to fall to below 2 per cent this year as external and internal shocks are serious setbacks to the country’s economic growth. The Central Bank has not revised its economic growth forecast for the year‚ but current conditions suggest that economic growth would slip from 1.7 to 1.3 per cent that it estimated earlier this year to even below 1.5 per cent‚ if global
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Economic growth: export or consumption. What way to choose? Economic growth in our days is very important to all countries. It shows that country is getting stronger in economics‚ and increases welfare of people. Economic growth is defined as an increase in the quantity of countries produced goods and services during specific time period. In economics it is called gross domestic product (GDP). Of course all of those goods and services have to be bought by somebody. It can be exported to other
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create economic growth. However its actual effectiveness at meeting this objective is arguably not that good for a number of reasons which will be discussed in this essay. The main part of fiscal policy in order to increase growth is expansionary fiscal policy. This is where the government is spending more or cutting taxes in order to put more money into the economy than it is taking out. This is normally pursued when a government is trying to combat recession and increase economic growth. This
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Table of contents Contents | Pages | 1.0 introduction | 2-3 | 2.0 overview of NHS Shetland | 3 | 2.1 NHS performance system | 4 | 3.0 overview of Biogen Idec Inc. | 5 | 3.1 Biogen Idec Inc. performance management system | 6 | 4.0 comparisons between NHS and Biogen performance system | 7 | 4.1 Weakness of both Performance management systems | 8-9 | 4.2 General summary of both performance approaches | 10 | 5.0 conclusion | 11 | 6.0 references | 12-13 | 7.0 appendixes
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present economic growth rate? India is an emerging economy that is witnessing unprecedented levels of economic expansion. It is widely expected that India may overtake China as the world’s fastest growing major economy by 2015. However it is not easy to sustain high levels of economic growth rates. There were a number of countries that experienced a high economic growth rate but were unable to sustain it for a long period of time. In order to determine whether India can sustain its economic growth
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www.ccsenet.org/ijef International Journal of Economics and Finance Vol. 4‚ No. 1; January 2012 Adopting Strategic Management Approach in the Capital Market Development: The Nigerian Case Augustine‚ UJUNWA‚ Ph.D (Corresponding author) Department of Banking and Finance‚ University of Nigeria‚ Enugu Campus Tel: 234-803-501-0116 E-mail: austinesilver@yahoo.com Nwanneka Judith‚ MODEBE Department of Banking and Finance‚ University of Nigeria‚ Enugu Campus Tel: 234-703-066-2470 Received: July 25‚ 2011
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Stock Market and Economic Growth: An Empirical Analysis for Germany Adamopoulos Antonios Department of Applied Informatics‚ University of Macedonia‚ Thessaloniki‚ Macedonia‚ Greece Correspondence to: Adamopoulos Antonios‚ adamant@uom.gr Published online: April 15‚ 2010 Abstract This paper investigates the causal relationship between stock market development and economic growth for Germany for the period 1965-2007 using a Vector Error Correction Model (VECM). The purpose of this paper was to
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The economic growth of Thailand is mostly sustained by exports. However‚ recently a political crisis over several months continues to make its local consumption and investment slump and even curbs economic growth. That is to say‚ political situation plays an important role in economic growth which is mostly estimated with GDP. The National Economic and Social Development Board said the second quarter gross domestic product is 4.9%‚ year to year percentage change‚ slowing from 6.1% rate in the
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should analyze quantitative date‚ and build conceptual models. One way I can develop skills in all four learning modes is to get together with people who both complement and challenge me. I wrote a paper on the multiple intelligences indicated by Howard Gardner in a previous class and found it very interesting. It is important to assess a combination of skills that may identify the characteristics of individual talents. The intelligences refer to human abilities‚ talents or mental skills that
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established that the Existence of an efficient and effective human capital is the key to economic growth and development in any nation. This stems from the fact that every other facility and resource required for economic development is driven by the availability of human capital. More so‚ in the absence of effective human capital development‚ an increasing population can have adverse negative effect on the economic growth of a nation. This is because a lot more resources is taken out to manage and cater
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