living is a measure of the material welfare of the inhabitants of a country. The baseline measure of the standard of living is real national output per head of population or real GDP per capita. This is the value of national output divided by the resident population. Other things being equal‚ a sustained increase in real GDP increases a nation’s standard of living providing that output rises faster than the total population. However it must be remembered that real income per capita on its own is both
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1. INTRODUCTION TO BORDER TOWN STUDY Borders define geographic boundaries of political entities or legal jurisdictions‚ such as governments‚ states‚ federated and other subnational entities. Other borders are partially or fully controlled‚ and may be crossed legally only at designated border checkpoints and border zones may be controlled. Some‚ mostly contentious‚ borders may even foster the setting up of buffer zones. Some borders require presentation of legal paperwork like passports and visas
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4 1 Classic Theories of Development: A Comparative Analysis It matters little how much information we possess about development if we have not grasped its inner meaning. —DENIS GOULET‚ The Cruel Choice Development must be redefined as an attack on the chief evils of the world today: malnutrition‚ disease‚ illiteracy‚ slums‚ unemployment and inequality. Measured in terms of aggregate growth rates‚ development has been a great success. But measured in terms of jobs‚ justice and the
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The Four Political Parties of Canada In a country as vast and as culturally diverse as Canada‚ many different political opinions can be found stretched across the country. From the affluent neighbourhoods of West Vancouver to the small fishing towns located on the east coast of Newfoundland‚ political opinions and affiliations range from the left wing to the right wing. To represent these varying political views‚ Canada has four official national political parties to choose from: the Liberals
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Chapter 2: ECONOMIC ANALYSIS A systematic approach to determining the optimum use of scarce resources‚ involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints. Economic analysis takes into account the opportunity costs of resources employed and attempts to measure in monetary terms the private and social costs and benefits of a project to the community or economy. Introduction The Dominican Republic has the ninth largest economy
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abdulhamidmustapha. Nce‚ Bsc.Ed (Udus) ABU – ABDULSALAM (AL – CHEMIST) Menu Skip to content Home ADVERTS Contact GALLERY Home JOKES My POA. Jci-Udus 2011 PROFILE Psychology Researches SPEECH IMPACT OF OIL EXPORT ON ECONOMIC GROWTH IN NIGERIA FROM 1970-2006. By AFOLABI KHADIJAT DECEMBER‚ 2011 December 29‚ 2011 by abdulhamidmustapha CHAPTER ONE INTRODUCTION 1.0 PREAMBLE Nigeria economy is basically an open economy with international
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Antaryami Patra vs State of Orissa To appreciate this contention in its proper perspective‚ it would be appropriate to notice the two provisions which are extracted here in below in extension: Section 18 of the Juvenile Justice Act‚ 1986 reads as follows: Bail and custody o1 juveniles: (1) When any person accused of a bailable offence and apparently a juvenile is arrested or detained or appears or is brought before a Juvenile Court‚ such person shall not withstanding anything contained in the
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employment has jumped from 4.5 to 5.5 which has me concerned. What really has concerned me is that the economic output is on a 60% decline. Though we have taken a major hit the report shows that are trading partners have also been affected and there GDP growth has been reduced to 0.6 compared to the U.S at 0.8. We are steering toward a recession and we must do something to improve our growth. With a couple of adjustments and help from the Federal Reserve board we can pull the economy into recovery
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The PIGS’ external debt problem Ricardo Cabral 8 May 2010‚ VOX.EU Markets are increasingly concerned that the Greek debt crisis could spread to other Eurozone countries including Portugal‚ Ireland‚ and Spain. This column notes that much of these countries ’ debt is held by non-residents meaning that the governments do not receive tax revenue on the interest paid‚ nor does the interest payment itself remain in the country. The solution lies with debt restructuring and rescheduling. Financial
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CHAPTER 1 • Economics o Study of how societies manage their scarce resources • Ten Principles of Economics o People face tradeoffs • Making decisions involves trading off one goal for another Example: In order to study properly for a final exam‚ students must give up most of their social life during exams • Societies face the tradeoff between efficiency and equity An efficient society gets the most it can from its scarce resources An equitable society distributes the benefits of its
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