Introduction The existence of a chronic state of “underdevelopment” is not only a question of economics or the simple quantitative measures of income‚ employment and gini-coefficient.Underdevelopment is a real fact of life for two billion people of the world- a state of mind as far as a state of national poverty. Gaulet (1971) poignantly describes under development as a shocking; the squalor‚ disease‚ unnecessary deaths and hopelessness of it all. The condition of underdevelopment in its totality
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Economic Reforms in India since 1991: Has Gradualist Approach Worked? By Vadapalli.Tilak Kumar‚ India was a latecomer to economic reforms‚ embarking on the process in earnest only in 1991‚ in the wake of an exceptionally severe balance of payments crisis. The need for a policy shift had become evident much earlier‚ as many countries in east Asia achieved high growth and poverty reduction through policies which emphasized greater export orientation and encouragement of the private sector. India
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nationalistic motives‚ military motives‚ economic motives‚ and missionary motives. Many nations wanted to expand their territory‚ their army‚ and develop a more successful trade with no limitation. Imperialism began in the late nineteenth and early twentieth centuries. Due to economic‚ political‚ and social forces including the Industrial Revolution‚ trade‚ and military conditions. One cause of the New Imperialism according to economic‚ political‚ and social forces was the Industrial Revolution. The
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Economic reforms and trade unionism in India--a macro view. Publication: Indian Journal of Industrial Relations Publication Date: 01-JAN-08 | Format: Online Delivery: Immediate Online Access | | Ads by Google | | Human Resource Planning Global clientele over 300 companies Power your HR productivity process. MyAdrenalin.com/Register-for-Demo | 5‚931 HR Jobs Found Ensure a Promising Career Naukri.com - Post Your Resume Now! Naukri.com | HR Executive Jobs Companies looking for HR Personnel Submit
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Philippines’ Economic Development Economic development: the qualitative process of structural change that involves the development of an economy’s economic and social infrastructure. Economic development involves the use of more resources or better quality resources to improve real increases in the quality of life of society. The construction of roads‚ railways‚ schools‚ hospitals‚ universities‚ dams‚ bridges‚ factories‚ power plants‚ ports and airport facilities are examples. Statistics: 1980
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The Economic Development of Bangladesh Introduction Economic development is one dimension of the more inclusive concept of development. Development is both a process and a project. As a process‚ it refers to changes occurring in countries defined variously as undeveloped‚ underdeveloped‚ developing‚ emerging‚ and newly industrializing. Economic development refers to the raising of the productive capacity of a country through the introduction of policies designed to enhance the productivity
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Throughout time‚ many countries have needed to implement some sort of economic reform in order to strengthen their economy so that they can be more of a power on the world stage and to stabilize their country. The Chinese reforms were long in the making‚ an unfolding process that had spanned most of the 20th century and‚ unlike other countries such as Russia who were trying to do the same thing but whom eventually failed‚ China prospered‚ and increased its economy greatly. China has had the fastest
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The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
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Various economists have estimated that in China’s economic race‚ they would surpass the U.S. in the 2020s. Even if they do surpass the economy of the U.S. the relationship between the two countries are still extremely important. In this paper we will start from China’s economic reform and the rise of China’s economy. We will also looks at its effects on the global environment plus the various predictions for the future of China‚ ranging from an economic collapse to that of a new superpower. In the
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Abstract This assignment seeks to consider the facts‚ challenges‚ dimensions and strategies on how education can play a pivotal role in sustainable economic development. It considers three different perspectives of dimensions as researched globally and now applicable in the South African context. It also discusses the concepts of how education can be applicable and of great assistance for self-reliance to address the skills shortage and job creation challenges in South Africa. It further discusses
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