in the last one and a half decades or so‚ as a means of fostering economic growth‚ attaining macroeconomic stability‚ and reducing public sector borrowing requirements arising from corruption‚ subsidies and subventions to unprofitable SOEs. By the end of 1996‚ all but five countries in Africa had divested some public enterprises within the framework of macroeconomic reform and liberalization. Yet despite the upsurge in research‚ our empirical knowledge of the privatization programme in Africa is limited
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measure the economic growth of a country? Experts have proposed many techniques to assess the economic progress of a country. One of these techniques is to calculate the sum of all the goods and services produced in the country which is known as gross domestic product (GDP). The indicator was created in the wake of great depression in 1930s and still is used to measure individual countries’ economic performance. But now most of the economists claim that GDP alone cannot reflect the economic performance
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Role of Information Technology (IT) in the Banking Sector Banking environment has become highly competitive today. To be able to survive and grow in the changing market environment banks are going for the latest technologies‚ which is being perceived as an ‘enabling resource’ that can help in developing learner and more flexible structure that can respond quickly to the dynamics of a fast changing market scenario. It is also viewed as an instrument of cost reduction and effective communication with
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THE KEY ROLE OF TECHNOLOGICAL PROGRESS IN ECONOMIC GROWTH A key determinant of economic growth is technology‚ or ways or combining re¬sources to produce goods and services. New management techniques‚ scientific dis¬coveries‚ and other innovations improve technology. Technological advances allow the production of more output from a given amount of resources. This means that technological progress accelerates economic growth for any given rate of growth in the labor force and the capital stock.
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WHAT EXTENT THE DEVELOPING COUNTRIES DEPEND ON THE INDUSTRIAL COUNTRIES FOR ECONOMIC GROWTH AND DEVELOPMENT. A developing country‚ also called a less-developed country (LDC)‚ is a nation with a low living standard‚ undeveloped industrial base‚ and low Human Development Index (HDI) relative to other countries. Meanwhile‚ an industrial country also known as developed country or "more developed country" (MDC)‚ is a sovereign state that has a highly developed economy and advanced technological infrastructure
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CON Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production and consumption patterns‚ diversifying the economic base and reducing dependence
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Case #9 1. Is it proper to multiply the average order size‚ $42.33‚ by the number of addresses (1‚300‚000) in the target mailing? a. No‚ there is far too much variability in responses‚ including a massive outlier‚ to have any confidence in this average. The response rate is very low‚ one would be concerned as to why the rate of response was only 9.2%. The question would therefore be whether the remaining 90.8% will follow the same pattern or will they buy anything at all. There is also
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[pic] Economic Growth Of Pakistan Submitted to: Sir Ali Zaidi Final Project Agha Hashim 1011310 Owais Sadiq 1011291 Talha Adnan 1011210 Syed Ali Kamran 0911307 Saddam Abdullah 0811215 ECONOMIC GROWTH OF PAKISTAN Introduction: Pakistani economy grew at a fairly impressive rate of 6 percent per year through the first four decades of the nation’s existence. In spite of rapid population
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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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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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