Why words matter? Words are no longer simple like what we hear‚ write or read because of the tremendous effect of them are incredible. In fact‚ words are powerful since they can hurt or ease pain‚ build or destroy a person‚ end war or start one and so on. Therefore‚ choosing our words wisely is very important. First off‚ confusing words make people misunderstand which can cause to a serious problem. For example‚ at the end of World War II‚ the Allied Power sent a message to the Japanese in demand
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TO GOVERNMENT BUDGET UNDER THE FOURTH REPUBLIC: A STUDY OF THE NDC BETTER GHANA AGENDA PHASE I (2008- 2012) Introduction In almost all political systems‚ it is generally accepted that the executive has the primary role in developing an annual budget and presenting it to the legislature. The legislature has the right to review‚ debate‚ in some cases amend‚ and approve or reject the spending plan proposed by the executive. Within this broad framework‚ the actual workings of the budget process vary
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A democratic deficit (or democracy deficit) occurs when ostensibly democratic organizations or institutions (particularlygovernments) fall short of fulfilling the principles of democracy in their practices or operation where representative and linked parliamentary integrity becomes widely discussed.[1] The phrase democratic deficit is cited as first being used by the Young European Federalists in their Manifesto in 1977‚[2] which was drafted by Richard Corbett. The phrase was also used by David
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Budget Definition: An estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. One of the most important administrative tools‚ a budget serves also as a (1) plan of action for achieving quantified objectives‚ (2) standard for measuring performance‚ and (3) device for coping with foreseeable adverse situation. What is a budget and why is it important? Simply put‚ a budget is an itemized summary of likely income and expenses
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TOPIC AN INQUIRY INTO THE PERPETUAL FISCAL DEFICIT IN ZIMBABWE. IS TAXATION THE SOLUTION 1.1 Background Zimbabwe‚ once a vibrant and diversified economy and hope for Africa’s future‚ was on the verge of collapse had it not been for the introduction of the multi-currency system after the formation of the inclusive government. It has had a perpetual fiscal deficit post 1990 accompanied by high inflation‚ negative economic growth‚ high unemployment and a reduction in the standard of living as
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we have had two thousand eight hundred and five budget hotels in China. When we are surprised in the expending speed of budget hotels in China‚ they recruit too many employees without considering the high labor cost and management issue‚ which finally lead to a high employee turnover rate in the budget hotel industry. In the year of 2009‚ the average employee turnover rate in budget hotels even increased to 34.5%. So these budget hotels with high employee turnover are having an even more difficult
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meaning A budget (from old French bougette‚ purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving‚ borrowing and spending.[1] A budget is an important concept in microeconomics‚ which uses a budget line to illustrate the trade-offs between two or more goods. In other terms‚ a budget is an organizational plan stated in monetary terms. In summary‚ the purpose of budgeting is to: 1. Provide a forecast of revenues and expenditures‚ that is‚ construct
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[pic] Study on government deficits and debts in India. How do government debt-deficit sustainability issues hinder India’s growth Abstract Emerging nation India has high hopes of becoming a developed nation. In recent time Indian economy is considered as the fastest growing economy hence there are certain drawbacks such as the government deficits‚ debts which hinder India from achieving their goal. Development of nation is based on several factors and its more important for every nation to encourage
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Introduction Generally An estimate of income and expenditure for a set period of time is called budget. A budget is a financial document used to project future income and expenses. The budgeting process may be carried out by a country‚ individuals or by companies to estimate whether the country /person/company can continue to operate with its projected income and expenses. The finance minister‚ AMA Muhith‚ has proposed national budget for fiscal year 2012-13 on June 7‚ 2012 with a total outlay
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