On the other hand large hotel chain restaurants often import food to satisfy foreign visitors and rarely employ local staff for senior management positions‚ preventing local farmers and workers from reaping the benefit of their presence. Tourism has the power to affect cultural change. Successful development of a resource can lead to numerous negative impacts. Among these are overdevelopment‚ assimilation‚ conflict‚ and artificial reconstruction. While presenting a culture to tourists may help
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Foreign Direct Investment is viewed as a major stimulus for economic growth for developing countries like Bangladesh which lacks sufficient domestic financing. This paper is intended to empirically analyze this theoretical perspective and analyze the impact of FDI on Bangladesh’s economic growth and income inequality. Using time series data of FDI‚ GDP and other relevant variables‚ it was found that FDI inflow into Bangladesh did not show any direct significant impact on economic growth; however
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Memo To: CEO From: Human Resources Director Date: September 9‚ 2012 Re: Employee Benefit Package As requested‚ and after much research and comparison of available benefit packages‚ the following benefit package is recommended to be implemented by the organization‚ and offered to all executive assistants‚ and all other employees. Executive assistants are vital in their role in the organization. The role of the executive assistant is to
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Treating guests with respect and generosity has always been a source of pride for hosts‚ as society has encouraged this way of thinking throughout history. In Homer’s‚ The Odyssey‚ the importance of this guest-host relationship becomes reinforced time and time again during Odysseus’ journey. When he finally makes it back home to Ithaca‚ Homer clearly illustrates for the reader how the guest host relationship holds paramount over everything else: “So you‚ old misery‚ seeing a god has led you here
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each country has a certain image and a multifaceted structure. First studies on country image in the literature belong to the 1930s and 1940s (Katz and Braly‚ 1933; Klingberg‚ 1941). On those years‚ several researches were done on impacts of social psychological processes‚ economic‚ cultural and political events on country image. But in these years‚ national perceptions and prototypes are of particular importance (Katz and Braly‚ 1933; 1943; Klinberg‚1941). Nagashima (1970) considers country image
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(209) | 14‚482 (3‚208) | 42‚745 (9‚170) | 6% | COMPARISON OF FDI INFLOWS BETWEEN SECTORS FDI Inflow to Service Sector has been phenomenal in the past few years. Since the onset of the liberalization of the Indian economy in 1991‚ the country has experienced a huge increase in the inflow of Foreign Investments. The service sector in India has tremendous growth potential and as such it has attracted huge Foreign Direct Investments (FDI). However‚ with respect to the global meltdown the last three
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There is no denying that for the poorest countries in the world‚ aid (Oversees Development Assistance – ODA) is one of the best tools for economic growth. It is my opinion however that aid in developing countries often comes with too many strings attached. Case and point the issue of aid and homosexuality in Uganda. When Yoweri Museveni officially made homosexuality illegally in Uganda‚ the developed countries threatened to withhold aid from the country. The unfortunate thing is that in most of
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be Tk1500crore a year. Bangladesh is a country which is densely populated and also is a flat and easily extends able coverage. The infrastructure and Tele-density is low which on the other hand made the market a perfect place for telecom business. According to the World Investment Report (WIR)‚ increased reinvestment and intra-company loans offered by existing foreign companies‚ including those in telecom‚ energy and financial sectors helped boost the FDI flow to Bangladesh in 2011. Bangladesh
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and India Introduction Developing country means the countries compared with the developed countries have lower degree of development of the economic and social aspects. Developing countries have a vast territory‚ large population‚ vast market and rich natural resources. There are many strategic places‚ in terms of economic‚ trade‚ or from the military‚ occupied an important strategic position. China is the largest developing country. Developed country Refers to a higher level of economic development
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investment (FDI) determinants in Tanzania. Despite of the several efforts ‚ such as the far-reaching reforms in the economy‚ done by Tanzania to increase FDI inflows in the country‚ the results are far from satisfactory. The author argues that the unsatisfactory FDI inflows into Tanzania is caused by‚ inter alia the inadequacy of FDI determinants in the country. The main conclusion is that Tanzania lacks the adequate FDI determinants that would attract a substantial FDI inflows into the country. This
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