THE GROWTH OF INTELLECTUAL AND ACADEMIC INTERGRITY IN NIGERIA The cultural attitude in Nigeria(especially in the western part of Nigeria)‚ before the era of globalisation was that no one could own words or knowledge. Folk tales‚ stories and even the Yoruba history was passed down orally from one generation to the next and nobody has really been able to pin point the source or origin of these tales till date. This is evidenced by some Yoruba literature books (YORUBA LEGENDS by M. I. Ogunmefu and
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Teacher: Today we will talk about GDP. What is GDP? GDP is the abbreviation of Gross Domestic Product‚ which can present the economic growth in a country annually. (Every students is sleeping) Teacher: Hey! Everybody! Wake up! I will show you guys an interesting example. (The picture change) (There are 2 economists are walking on the street and debating about some economy question. Suddenly they notice that there was a poop.) E1 (shouted): Why there is a poop here! That looks so disgusting! Stranger:
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of Mobile Communications (GSM). Communication without doubt is a major driver of any economy. Emerging trends in socio-economic growth shows a high premium being placed on information and communication technology (ICT) by homes‚ organizations‚ and nations. Nigeria is not left out in this race for rapid development as the nation’s economy has been subjected to years of economic reversal via mismanagement and bad leadership. The Nigerian telecommunications sector was grossly underdeveloped before
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FOOD PRICE INFLATION AND ITS IMPACT IN INDIA Submitted By : Sri Harshini Mudigonda MBA G SEM III Specialization: Finance – Marketing Under The Guidance Of : Dr.AZRA Ishrat ABS ‚LUCKNOW STUDENT’S CERTIFICATE Certified that this report is prepared based on the desertation thesis project undertaken by me for the topic FOOD PRICE INFLATION IN INDIA AND ITS IMPACT‚ under the able guidance of Dr . Azra Ishrat in partial fulfillment
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financial sector development leads to boost the Ethiopian economic growth or vice versa‚ yet the channels through which inflation affects this relationship are not as much of systematically explored. The effect of inflation occurs through a wide variety of direct and indirect channels. Inflation increases transactions and information costs which directly inhibit economic development. For example‚ economic agents will find planning difficult when inflation makes nominal values uncertain. Firms and individuals
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CHAPTER ONE INTRODUCTION 1. BACKGROUND OF THE STUDY The reforms in the financial system in Nigeria which heightened with the 1986 deregulation‚ affected the level of financial deepening of the country and the level relevance of the financial system to economic development. Nnanna and Dogo (1998) However‚ the rapid globalization of the financial markets since then and the increased level of integration of the Nigerian financial system to the global system have generated
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2008‚ the growth rate of the M1 money supply was zero‚ while the growth rate of the M2 money supply was about 5%. In July 2009‚ the growth rate of M1 was about 17%‚ and the growth rate of M2 was about 8%. How should Federal Reserve policymakers interpret these changes in the growth rates of M1 and M2? Changes are not a serious problem for long run actions of the money supply‚ because changes for short-run actions tend to cancel out. Changes for long-run actions‚ for example one year growth rates‚
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ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT In contemporary times‚ certain economic registers are used frequently. Arguably two of these most used terms in economics‚ ‘economic growth’ and ‘economic development’ are terms that just about everyone is at least remotely familiar with‚ even if they have not studied economics at all. Sometimes it seems everyone knows what economic growth and economic development is. Politicians use these terms all the time‚ and so do teachers‚ managers and even preachers
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What is demographic transition? How can demographics of a country have an impact on its economic growth? Let me first address the first part of this question‚ Demographic transition refers to a change in the development stage of the country as it transgresses from a pre-industrialized era to an industrialized. The major change witnessed in the country will be a distinctive decrease in the birth and the death rates. This transition is illustrated through a demographic transition model
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A2 Macroeconomics / International Economy Costs and Benefits of Economic Growth The advantages and disadvantages of economic growth are fiercely debated by economists‚ environmentalists and other commentators. In this note we consider some of the economic and social costs and benefits from expanding levels of production and consumption. In particular we focus on the idea of sustainable growth. The Benefits of Economic Growth According to the UK government‚ ‘a healthy economy leads to higher
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