Whatever power relations manifested in different aspects of the development paradigm are perceived by post-developments. Basically‚ the Post-development also has two distinct and entwined concepts: knowledge and power (Jakimow‚ 2008). Post-developmentists argue that the power of this world is in the hands of developed countries. Because power is crucially dominant factor‚ the aim of the post-development is successfully to transfer power from the hands of outside ‘expertized’ paradigm that has been
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Understanding Consumer Behavior: A key to formulating Blue Ocean Strategy Abstract In the era of fast changing consumer preferences and increasing competition‚ companies have always found it tough to survive in the market that gets tougher at a faster pace than ever. Blue ocean strategy can be a good strategic move by the company to move ahead of others‚ ahead of those trapped in the red ocean strategy. As Blue ocean strategy calls for creating the uncontested market space‚ making the competition
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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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Executive Summary Planning of economic policies & their implementations are the most vital facts of a country. Overall development of a country largely depends on economic policy design & its proper implementation. Every country has its own economic policies & specific way of their implementation. But some policies are same for all countries such as Fiscal Policy‚ Monetary Policy‚ etc. Philippines‚ as a developing country has set various economic policies & strategies over time
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Economic development in New Zealand ! HDI Life expectancy GDP per capita PPP Literacy rate Mean years of schooling 2010 0.907 80.40 years $25‚293 99% 12.4 years 2013 0.919 80.82 years $25‚689 99% 12.5 years ! The Human Development Index (HDI) is a composite statistic of life expectancy‚ education‚ and income indices used to rank countries into four tiers of human development. From the year 2010 to 2013‚ New Zealand’s HDI has gone up
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Discuss the relationship between entrepreneurship‚ innovation and economic development. With the rapid development of a dynamic global economy‚ increasingly countries are seeking breakthroughs in their economic development. Stimulated by these ever-increasing competition pressures‚ exploitation of new ideas and businesses which provide great potential for economies to thrive‚ accordingly‚ is gaining widespread attention (Mansfield‚ 1972; Wong et al.‚ 2005). In consequence‚ on a global scale‚ not
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on how economic development has lead to reduction of unemployment rates through both private and public investment according to the Solow’s model and endogenous theories of economic development. Empirically‚ the studies done on development have raised mixed up conclusions as some show that economic development has lead to capitalization hence capital replacing the labour and thus further unemployment. This chapter reviews both the theoretical and empirical literature on economic development and unemployment
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over their environments‚ arguing that technological progress would eventually spur social progress. In addition‚ Émile Durkheim developed the concept of functionalism in the sociological field‚ which emphasizes on the importance of interdependence between the different institutions of a society and their interaction in maintaining cultural and social unity. His most well known work‚ The Division of Labour in Society‚ which outlines how order in society could be controlled and managed and how primitive
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Journal of Economics 11 : 1 (Summer 2006) pp. 19-34 Trade Liberalization and Economic Development: Evidence from Pakistan Bushra Yasmin‚ Zainab Jehan‚ Muhammad Ali Chaudhary* Abstract Unrestricted trade stimulates economic growth and bridges socioeconomic gaps existing in different countries of the world. Pakistan has adopted trade liberalization policies since the late 1980s with the same expectations. This study has empirically analyzed how trade liberalization has affected economic development
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They begin to form their own views such as which sports to play‚ which groups of friends to be included in‚ and what personal appearances are attractive. The development in thinking that happens during adolescence needs nurturing in order for it to develop. If an adolescent is not exposed to abstract concepts and ideas at home and in school‚ then this ability atrophies‚ and the teenager may grow up to be an adult who is a concrete thinker in most aspects of life (Huitt‚ W.‚ & Hummel‚ J. 2003). The
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