Poverty and Unemployment in India Presented by Md Akram Saba(09HS2027) Types of Poverty • Absolute Poverty • Relative Poverty Relative Poverty • Relative Poverty refers to the Income or Asset Position of one individual‚Class or Group of People in comparison with the other individual‚Classes or Groups. Absolute Poverty • Absolute poverty is associated with a Minimum Level Living or Minimum Consumption Requirements of Food‚Clothing‚Housing‚Health‚etc. • All those People who fail
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discussing the effect of human capital on economic growth‚ two approaches have been distinguished in the theoretical literature. The first strand of literature focuses on the stock of human capital as an explanation of cross-country growth differentials as suggested by Nelson and Phelps (1966). The second approach looks at human capital as an input factor in production function as in Lucas (1988) and points to the accumulation of human capital as the main factor driving growth differentials among countries
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According to economists‚ employment and unemployment results when the supply and demand for human resources or labour is out of balance. Supply and demand are influenced by a range of forces that are the result of the interaction of economic‚ structural and policy factors. Economic Factors Economic factors affect both the supply and demand sides of labour. Demand for goods and services stimulate production which‚ in turn‚ generates employment. The resulting demand for workers affects the supply
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U.S. Unemployment Issues Fluctuation of unemployment rates is a natural occurrence in any economy. Many speculate that if something cannot be done to resolve the current issues plaguing the rate of unemployment in the U.S. the result will soon be an economic crash resembling the Great Depression of the 1930’s. This is something that we as a nation continue to address but cannot seem to get under control‚ causing our economy to sustain substantial damage. This is a highly debated issue among many;
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employed for atleast one paid hour in preceding week and have opportunities to work in next week and able to accept that work. The unemployment is the major crisis in recent years as it affects the whole economy of the country. The rate of employment growth is less than the rate of population growth in Australia. Hence‚ result in rise in unemployment in Australia. Unemployment is the major hurdle in the economic and social development of the country. It results in poverty‚ despair‚ poor standard of living
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Unemployment problem in Bangladesh Unemployment means the state of being without any work both for the education and the uneducated for earning one’s livelihood. This problem has become a great concern all over the world .but nowhere in the world this problem is as acute as in Bangladesh. Thousands of people in our country are without any job. At present the toughest task for any young man is to manage a job. Hundreds of candidates alarm over a single post. The bad effect of unemployment is not
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APPRAISAL OF BUDGET IMPLEMENTATION AND EFFECTS IN NIGERIA* By Prof. Aderibigbe S. Olomola Director‚ Surveillance & Forecasting Department Nigerian Institute of Social and Economic Research (NISER)‚ Ibadan PAPER PRESENTED AT THE NISER RESESEARCH SEMINAR SERIES (NRSS) HELD AT THE NIGERIAN INSTITUTE OF SOCIAL AND ECONOMIC RESEARCH‚ IBADAN SEPTEMBER 11‚ 2012 1 STATE BUDGETARY ALLOCATIONS: AN APPRAISAL OF BUDGET IMPLEMENTATION AND EFFECTS IN NIGERIA By Prof. Aderibigbe S. Olomola Director
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prediction of inflation and unemployment in Germany Ivan O. Kitov Abstract Potential links between inflation‚ π(t)‚ and unemployment‚ UE(t)‚ in Germany have been examined. There exists a consistent (conventional) Phillips curve despite some changes in monetary policy. This Phillips curve is characterized by a negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = -1.50π(t) + 0.116. Effectively‚ growing unemployment has resulted in decreasing
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EBONG GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE UNION BANK OF NIGERIA PLC ABSTRACT Against the backdrop of the role of banks as financial intermediaries and their function as the engine of growth of the economy‚ this paper examines the extent to which the banking industry has helped to stimulate economic activities in Nigeria and what the prognosis looks like in the post-consolidation era. The paper notes that the banking industry in Nigeria witnessed a remarkable growth in terms of deposit base‚ number
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Success at the Graduate Level COM 505 June 11‚ 2012 Preparing for Success at the Graduate Level Preparing for academic success at the graduate level can be a daunting task. First‚ one must realize the reason they are in a graduate program to begin with. What goals do you hope to achieve in completing a graduate program? The reasons can be many such as better job opportunities‚ higher income‚ or perhaps just for the prestige of earning a graduate degree. Other reasons could include setting
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