television for their prescription drug ads. They were known for their ability to produce 13 new drugs from 1995 to 2001‚ of which included the painkiller Vioxx. The drug was supposed to beat out Pfizer’s‚ Celebrex‚ and Bextra because it was gentler on the stomach. (www.cbsnews.com) But was that the only thing different Vioxx could do? Vioxx was introduced in 1999. Almost immediately reports started pouring in about patients having complications while taking the drug‚ such as heart attacks‚ strokes‚ and congestive
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Australia and China Similarities and Differences Australian links with China extend well beyond the last 40 years at an official and non-official level. Their economic relationship has grown rapidly in recent times‚ especially the trade relationship. From being distant partners‚ the trade relationship is one of the key strands linking the two countries. Economic Growth and Quality of life Australia’s economic outlook is deteriorating. The commodity boom‚ predicted to go on forever‚ is
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countries I have chosen to compare are China and Canada. Their systems of government are very different and have different powers and rolls in their country. Canada has a system of government very similar to our own. While china’s government appears to be similar as well‚ but it is quite different. Canada’s government democratic and is parliamentary in form but‚ very much like our own. Like all large governments it is representative democracy. Canada has a central government designed to deal with the country
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Economic Growth and Air Pollution: Three Empirical Essays Based on Nonparametric Methods Thèse présentée à la Faculté des sciences économiques Université de Neuchâtel Pour l’obtention du grade de docteur ès science économiques Par Carlos Ordás Criado Acceptée sur proposition du jury de thèse: Prof. Jean-Marie Grether‚ Université de Neuchâtel‚ directeur de thèse. Prof. Jaime de Melo‚ Université de Genève‚ co-directeur de thèse Prof. Thanasis Stengos‚ University of Guelph Prof. Philippe
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Objectives of Economic Growth and Development Economic growth is defined by‚ among other things‚ material capital formation‚ human capital formation and the creation of innovation. Put another way‚ economic growth is determined by the amounts and types of capital and labor that are invested‚ and how they are utilized for production. The objective of economic growth through economic policy is not necessarily GDP or GNP maximization but maybe enhancing and improving quality of life or other values
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Did the Roman Empire in the West fall‚ was it pushed‚ or did it jump? Empires are similar to human beings. Just like humans‚ empires are born‚ grow and die. The situation of Roman Empire (R.E.) is not different from that. Like the destiny of Persian Empire and Akkadian Empire (which are existed before R.E.) or the destiny of Ottoman Empire and Russian Empire (which are lived so many years later after R.E.) always played the same scenario. Although all empires faced with the same inevitable end‚
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Why do Empires decline and fall? During thousands of years‚ human history had known the existence of several empires. While some still question why do Empires decline and fall‚ some historians put their time and energy on other topics such as how‚ for instance‚ empires rise and in some cases subsidize for so long. Considering the fact that empires and therefore their decline and destruction are part of the natural process of human history‚ same way as the end of the dinosaurs which was inevitable
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Chinese Economic Growth 1‚ Explain what is meant by Economic Growth and what this means for Chinese Productive Capacity. Economic Growth can simply be defined as the growth in the productive potential of the economy over a given period of time. It is typically measured by growth in the real GDP. Economies are constantly changing over time for a variety of reasons. Part of the change involves fluctuations in the productive capacity‚ the ability to produce goods and services. Increases in
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Construction Economics: Government Economic Policy A policy refers to any rule or principle used in guiding decision making and achieving rational results. The intended goals to be achieved by a policy widely vary with the organization and the context to which it was made. Policies are basically made to prevent negative effects noticed in an organization or promote positive benefits. Government economic policy refers to the actions that a government takes to influence its economy. The economic policy
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about the relation between economic growth and financial development. First‚ financial development has impact on economic growth (i.e. Bagehot‚ 1873; Schumpeter‚ 1912; McKinnon‚ 1973; Shaw‚ 1973; Patrick‚ 1966; Goldsmith‚ 1969; Fry‚ 1973). Second‚ economic growth leads to financial development and that where there is economic growth financial development follows (i.e. Robinson‚ 1952). The third view‚ however‚ contends that both financial development and economic growth Granger cause one another.
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