living. Longevity is measured by life expectancy. Knowledge is measured by a combination of adult literacy (two-thirds weight) and mean years of schooling (one-third weight). Standard of living is measured by purchasing power‚ based on real GDP per capita adjusted for the local cost of living (purchasing power parity‚ or PPP). How to Combine Indicators The breakthrough for HDI was to find a "measuring rod" for socio-economic achievement recorded in different units. The HDI sets aminimum
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History of German economy (1945-1991) When de Second World War finished in 1945 Germany was divided in two parts‚ the east part‚ the German democratic republic was under the influence of the URSS. The west part was formed by the zone liberated by the USA army during the war and also west Berlin ( berlin was in the east part nevertheless the west part was a lander of east Germany and was separated from the rest by the famous Berlin wall) it was a real democracy and a capitalist country. East Germany
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Business Environment BBA 1st year – 2012-13 Introduction Business environment includes the ‘climate’ or set of conditions: economic‚ social‚ political or institutional which have a direct or indirect bearing on the functioning of business It signifies external forces‚ factors and institutions that are beyond the control of the business and they affect the functioning of a business enterprise. Features Business environment is the sum total of all factors internal & external
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process for all. The recent globalization process caused some facts. World trade had been tripled and the GDP increased by two and a half‚ both in the past two decades and primarily caused by the relaxation of (Non-)tariff barriers. Either the FDI has grown 20 times than its level two decades ago. The marginalization of low-income countries in either share in world trade‚ share in world GDP and share in foreign direct investment (FDI) implies an increase in inequality. The size and evolution of portfolio
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Money Market (Money and Banking) What is Money? A financial asset with the following functions: Medium of exchange: An asset that individuals acquire for the purpose of trading rather than for their own consumption. A store of value: Means of holding purchasing power over time A measure of value (unit of account): Measure used to set prices and make economic calculations 2 What is money? Money is anything that serves as a commonly accepted medium of exchange Money and Income
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MALNUTRITION IN INDIA India is one of the world’s fastest growing economies sitting on a population of 1.241 billion [1]. Yet still‚ since its independence in 1947 majority of Indian population is either at or below the National Poverty Line. According to a report by the World Bank‚ malnutrition in India is more common than in Sub-Saharan Africa. More than a third of malnourished children live in India. The number is almost 5 times higher than that of China. Malnutrition thus has alarming implications
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PUBLIC EXPENDITURE AND ECONOMIC GROWTH WHAT IS PUBLIC EXPENDITURE? MEANING: Public expenditure refers to Government expenditure i.e. Government spending. It is incurred by Central‚ State and Local governments of a country. Spending by government ‚ municipality‚ or any local authority. It covers things such as health‚ education or social services and is funded by tax revenue. It is one of the element that make up aggregate expenditure. Government spending or government expenditure is classified
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ABSTRACT Bangladesh is a very small country with a large population. The geo-economics of a country is very important for their development. But there is a question about geo economical potential. If we want to develop our self‚ we must know how to make proper use of geo economical potentiality. GEO-ECONOMICS Aristotle consider the geo economical conditions which the territory of a state must fulfill ‚at which point he expresses preference for a state territory which would permit autarky and discuss
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Cambridge International Advanced and Advanced Subsidiary Level 9708 Economics November 2009 Principal Examiner Report for Teachers ECONOMICS Paper 9708/11 Multiple Choice (Core) Question Number 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Key B B D C C A B C C A C C B D C Question Number 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Key C C A C B C A C C D B B C A B General Comments There were 4022 candidates with a mean score on this paper of 15.58. This was a fall from the corresponding exam last year
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468 Advances in Systems Modelling and ICT Applications 37 ICT as an Engine for Uganda’s Economic Growth: The Role of and Opportunities for Makerere University Venansius Baryamureeba‚ The use of Information and Communications Technologies (ICT) to improve how goods are produced and services are delivered is a feature of everyday life in developed countries. If ICT is used appropriately‚ it has the potential to vastly improve productivity. Thus the issue for developing and least developed
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