industries in developed countries. The emergence of China as the mass manufacturing pioneer in the world has lead to the concern that China will soon be competing with the industries in the developed nations. India‚ at the same time‚ is emerging as the centre of IT enabled services including software development‚ and poses significant threat to the developed countries in high-skill goods and services. Today‚ the main competitive threat that China and India pose to the developed nations is their cheap
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African Union The African Union is a conglomerate of 53 African countries. The Libyan leader‚ Muammar Gaddafi in order to replace the old Organization of African Unity‚ which was no longer effective‚ conceived it in 2002. The union is based on the European Union and its goal is to create political and social development between the member nations. It also hopes to create better economic ties between each of the member nations. One of its goals is to have a single currency‚ much like the Euro
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Though unions have received mixed reviews in the past and are continually rejected by some companies‚ many people still do not understand the reasons behind the need to unionize. Many employees approached by the subject of unionizing often find themselves asking‚ what is a union? The act of unionizing is defined as forming a group within an organization or individual employees to create and insure fair wages‚ fair hours‚ and decent working conditions (The Labor Relations Process). Unions can be
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3. India depends on imports for 75% of its oil needs. Analysts feel that the demand for oil will increase further in the future. With the help of facts and figures evaluate the extent of the problem and future threats that India could face due to excessive dependence on imports. What concrete steps should India take to become a less oil dependent economy? • Introduction with figures telling the current dependence of India on imports for oil needs • Figures and facts for problems and
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organization not based in government‚ and it is not created to earn profit”. United Nations defines it as “private organizations that pursue activities to relieve suffering‚ promote the interest of poor‚ protect the environment‚ provide basic social services or undertake community development”. The first definition is over-simplistic and leaves out important aspects of why NGOs are formed. However‚ the United Nations definition looks complete in itself as it gives emphasis to the idea that an NGO is
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Darwin Pantig Import-Export Imbalance in the Philippines This is a problem long time ago the imbalance of import-export products due to the industrialized neighboring countries‚ Philippine has nothing to do to compete them because of their low cost labors and raw materials. Agricultural products and aqua cultured products are the possible advantages of Philippine in terms export because of the country’s vast water premises. also human resource for foreign employment. Import-Export Imbalance:
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It’s a continent where nations fought each other for more than 100 years‚ which heaped two world wars on us. Yet‚ it’s working towards a common trade code‚ a common currency and other things to boost the economy. I firmly believe India and Pakistan will have no option but to work towards a similar situation to keep their economic and political interests alive; it may take two or three decades‚ but it’ll happen. How would you define a developed country? Everyone in the country has to be well above
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A developing country‚ also called a less-developed country (LDC)‚[1] is a nation with a low living standard‚ underdeveloped industrial base‚ and low Human Development Index (HDI) relative to other countries.[2][3] There is no universal‚ agreed-upon criteria for what makes a country developing versus developed and which countries fit these two categories‚ although there are general reference points such as the size of a nation’s GDP compared to other nations. Countries with more advanced economies
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UNIT 15 INDIA’S EXPORT-IMPORT POLICY Objectives This unit helps you to understand: what is trade policy; kinds of trade policy; phases of liberalisation in trade policies in the process of economic development; trends in India’s exim policies; salient features of India’s import regime during 1950-91; characteristics of India’s export promotion policies; and India’s Trade Policy reforms in the 90s. Structure 15.1 15.2 15.3 15.4 15.5 15.6 15.7 15.8 15.9 15.10 15.11 15.12 15.13 15.14 Introduction India’s
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The article analyzed is James Surowiecki’s article “The Pay Is Too Damn Low.” It was written for the readers of The New Yorker. The agenda of this article was to inform readers about the problem of minimum wage being too low‚ and argue that raising the minimum wage is not completely adequate to solve the issue of poor plight. It was effective in achieving this because it reached its target audience by keeping the argument short and simple but dense‚ and galvanizing its readers into informed action
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