India has a federal form of government‚ and hence a federal finance system. The essence of federal form of government is that the Centre and the State Governments should be independent of each other in their respective‚ constitutionally demarcated spheres of Action. Once the fundamentals of the government are spelt out‚ it becomes equally important that each of the government should be provided with sources of raising adequate revenues to discharge the functions entrusted to it. For the successful
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1. Who were the stakeholders involved in‚ or affected by‚ the collapse of Enron? All stakeholders were‚ obviously‚ affected by the collapse of Enron. However‚ several of them were critical‚ especially those being considered as market stakeholders such as suppliers‚ creditors‚ employees‚ and stockholders. These mentioned stakeholders seem to be Enron’s most recognizable as the essential contributors to its organization. They dared of giving up an available alternative in order to take a risk with
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CRS Report for Congress Received through the CRS Web The Enron Collapse: An Overview of Financial Issues Mark Jickling‚ Coordinator Specialist in Public Finance Government and Finance Division Summary Only months before Enron Corp.’s bankruptcy filing in December 2001‚ the firm was widely regarded as one of the most innovative‚ fastest growing‚ and best managed businesses in the United States. With the swift collapse‚ shareholders‚ including thousands of Enron workers who held company
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“Globalisation has allowed the economies of some poor countries to develop‚ but such development has often led to increasing gaps between rich and poor in those countries” Discuss this statement with reference to contrasting countries you have studied. Globalisation is the increasing interconnection in the world’s economic‚ cultural and political systems. Philippe Legrain described globalisation as ‘the way in which peoples lives are becoming increasingly intertwined with those of distant people
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Monaco‚ Is an ancient country that has a rich and colorful history. It is considered by many to be Europe’s most fascinating country. Monico is a popular resort‚ attracting many tourists to its casinos and sandy beaches. Monaco is the smallest independent country in Europe. It is located on the southeastern part of France‚ and borders the Mediterranean Sea and is surrounded by France. The terain of monaco is very hilly‚ rugged‚ and rocky. To get to the country of monaco is to drive‚ ride a train
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Two of the most well known economic events overt the last decade are the collapse of communism in the Soviet Union and the emergence of the market economy in China. They both changed for the citizens.but they differed in the form of government they wished to achieve and the reasons why their governments failed and needed to change . China changed to do something about the poor of their country‚ while Russia was more focused on their upper working classes. Strikes and food riots broke out in Russia
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The factors that lead to the "collapse" of civilizations are almost directly related to those that created it. Archaeologists characterize collapse by a number of elements‚ some of which we have evidence for‚ others we do not. Most archaeologists are unsure of exactly what caused the decline of most civilizations in the ancient world‚ yet there are many clues to some of the events that could have contributed. The collapse of the ancient Roman Empire‚ the Mesoamerican Mayan‚ and the Egyptian cultures
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The television shows the writer has chosen to study are Friends and the Big Bang Theory. Each of these shows is a situation comedy otherwise known as a sitcom for short. Currently‚ the timeslot each show was/is aired at 8pm at night on Channel Nine. Reruns of the show Friends are now shown on Gem every week night and the Big Bang Theory has reruns on Go! On Tuesday and also Channel Nine at 6.30pm on weeknights. With the reruns of the Big Bang Theory‚ on the night that the new episode airs at 7.30pm
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Assess the importance of the level of economic development in the response of people and governments to tectonic hazards and disasters. Economic development generally refers to the sustained‚ actions of communities that promotes standard of living and economic health of a specific area. Such actions can involve multiple areas including development of human capital‚ critical infrastructure‚ regional competitiveness‚ environmental sustainability‚ social inclusion‚ health‚ safety‚ literacy‚ and other
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is often asked concerns why the country of Bolivia has two capital cities. The answer to the question is fairly simple‚ but at the same time not completely clear. Bolivia’s two capital cities are both heavily related to their government and that is one of the major reasons why there are two of them to begin with. The first capital city is called Sucre. Sucre was the initial capital city of Bolivia until around 1899 when there were some major changes in government. This era was called the Liberal
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