recent time because of the impact of globalisation which is precipitated by continuous integration of the world market and economies. Banking reforms involve several elements that are unique to each country based on historical‚ economic and institutional imperatives. In Nigeria‚ the reforms in the banking sector preceded against the backdrop of banking crisis due to highly undercapitalization deposit taking banks; weakness in the regulatory and supervisory framework; weak management practices; and the
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Unemployment Michelle Czerniakowski McCann School of Business & Technology Abstract The following essay examines unemployment‚ the reasons for which it Exists and the causes‚ which do not allow it ever to be zero. In this essay you will also read about The Great Depression how it impacted are economy and how it at related to the job rate as of today 2014 In my eyes the president Obama is very well leading are nation to another Great Depression Obama is indeed making history not only as the
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with separate lifestyle who were individually affected by various mass media massages that they came in contact with. Reaction to mass media messages was thus seen as individual rather than a collective experience. This approach to understanding the effect of mass communication was termed the bullet theory. The phrasing “hypodermic needle” is meant to give a mental image of the direct strategy and planned fusion of a message into an individual. But as research methodology became more highly developed
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http://peoplesdailyng.com/changing-nigerians-identity-diaspora/ http://olorisupergal.com/nigeria-rich-country-poor-people-by-gbenga-ogunbiyi/#.UpH2I9Lik8o Nigeria is a member of both the Commonwealth of Nations‚ and the African Union. LANGUAGE There are hundreds of languages spoken in Nigeria. The official language of Nigeria‚English The languages spoken in Nigeria are said to be 521. The official language is English while the major ones that are spoken are Hausa‚ Igbo‚ Yoruba and
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yet to meet the challenge of generating sufficient employment opportunities to ensure that all its people have the purchasing power to obtain the food they require. Gainful employment is one of the most essential conditions for food security and economic security. Conversely‚ food security is an essential requirement for raising the productivity of India’s workforce to international levels . India’s labour force has reached 485 million approximately in 2009‚ and it will continue to expand over
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Unemployment Unemployment is defined as when a person is available to work and seeking work but currently without work. Unemployment is one of the most important social problem of not only Pakistan but the problem of all over the world. Unemployment is a central problem of Pakistan because when unemployment is high‚ resources are wasted and people’s incomes are depressed; during such periods‚ economics distress also spills over to affect people’s emotions and family lives. The socio economics
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Unemployment affects people differently. Some face financial stress‚ even to the point of losing their homes. Others can be so depressed that they become emotionally and socially unstable‚ even to the point of committing crimes. These effects of unemployment have many causes. The main reasons for unemployment are improvement of technology‚ recession‚ and globalization. Unemployment has been increasing over the past ten years. It has more than doubled since January of 2000. According to the Bureau
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Located in West Africa and bordering the Atlantic‚ Nigeria is a big country that occupies 356‚667 square miles with a total population of 168 million. Nigeria is abundant in natural resources like coal‚ gold‚ lead‚ iron‚ salt‚ copper‚ and zinc‚ but it is best known as a big producer of oil. Thanks to its size‚ population‚ and resources‚ Nigeria is dubbed as “the giant of Africa” (Falola‚ 4). According to World Bank Data of 2010‚ Nigeria has an annual percentage growth rate as 8.0%‚ one of the world’s
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for those aged 18 – 21.(Stuart p5) Presently the minimum wage stands at £5.52 per hour for ages 22 and over and £4.60 aged 18-21. (http://www.is4profit.com/business-advice/employment/minimum-wage-and-statutory-pay-obligations_2.html). Neo-classical economic analysis suggests that an individuals wage should equal their marginal product of labour‚ “as wages constitute the individuals reward for their personal contribution to output of a firm” which resembles that of perfect competition. ( Forth & O’Mahoney
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decades have seen an uneven trend in the economic terrain of Zimbabwe. There has been a gradual turnaround of fortunes from the heydays soon after the country ’s independence from British colonial rule in 1980 to an economic crisis that reached its climax in the years 2006-2008 and that had far-reaching effects into almost every sector of the economy and a world topping unemployment rate of over 95% according to the CIA World Factbook (2012). The unemployment rate is the proportion of the economically
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