development planning continues to be a dominant policy instrument in many low-income and emerging market economies. Similarly‚ public investment plans (PIPs)‚ which were in vogue in the 1970s‚ then fell from grace as theories of economic development based on capital accumulation lost influence‚ are now fashionable once more. What explains these developments? Why is planning deemed useful and relevant for developing countries‚ but has become outmoded in more advanced countries In addition‚ wide-ranging
Premium Developing country Development Government debt
Fixed Income Zero coupon bonds Professor Anh Le 1 – Zero coupon bond and zero yields A zero coupon bond (or zero for short)‚ as its name suggests‚ is a bond that pays no coupons. It only pays the face value on the maturity date. Not surprisingly‚ sellers of zero coupon bonds have to offer them at a deep discount in order to sell them to the public. For example‚ a 30‐yr zero‚ face value $1‚000 could be selling for as little as $53.54. One question you may ask right now is: i
Premium Bond Yield
“Budgeting is a key component in management short and long term planning” INTRODUCTION Budgeting (or profit planning) is a process or technique with broad applications in the management of a business‚ school or government agency. The rules apply to not-for-profits‚ as well. The process involves the formation of definite and specific plans or budgets for a limited future period‚ usually the ensuing fiscal or calendar year. These plans‚ which take into account all phases of the budgeted operations
Premium Management Budget
While there has been much progress in advancing evidence-based practice‚ there are many hospitals in the country that have yet to integrate evidence-based practice into their model of care. As a result‚ patients in hospitals may still receive care that is not based on current scientific evidence and that may be unnecessary or have negative effects. "Translation of research into practice settings‚ incorporation of clinical practice guidelines to promote high quality care‚ and systematically changing
Premium Health care Health care provider Medicine
drive in two cars at the same time”. And so Merali has decided to give back to the community through charity and creating employment. Though he owns several banks‚ Merali says one may not believe that his personal bank account balance sometimes reads zero. He discloses: “I have made a decision to give 50% of my annual earnings to charity. However‚ sometimes I exceed the limit and find I have given 100 per cent”‚ he says with a shy smile. Creating employment is the next passion for the 62- year old
Premium Kenya Bill Gates Jomo Kenyatta
Coke often rejected it anyway because of its aspartame-sweetened aftertaste. “What we were seeing before Zero launched was that more and more younger people were interested in no-calorie beverages but weren’t going to sacrifice taste‚” Bayne said. “So when they got interested in no-calorie‚ they were like‚ ‘Forget it‚ I’m not going to Diet Coke.’” Testing showed that the name “Coke Zero” would be an effective way to sell a low-calorie cola to men without using the word “diet.” And advances
Premium Coca-Cola Diet Coke Cola
Budgeting is a key component in management short and long term planning A budget is a key management tool for planning‚ monitoring‚ and controlling the finances of a project or organization. It is also defined as management’s quantitative expression of plans for forthcoming period. It also estimates the income and expenditures for a set period of time for your project or organization. Budgets are prepared at various levels of an organisation. Effective budgeting can allow managers to perform
Premium Management Resource allocation Planning
upon a time there was no zero. Of course people knew if they had nothing‚ but there was no mathematical notation for it. Zero was independently invented only three times. The first recorded zero is attributed to the Babylonians in the 3rd century BC. A long period followed when no one else used a zero place holder. But then the Mayans‚ halfway around the world in Central America‚ independently invented zero in the fourth century CE. The final independent invention of zero in India was long debated
Premium Centuries 1st millennium Number
we have been able to generate data which says about the profession of cost estimators (CIMA‚ 2009). Cost‚ time overrun‚ benefit‚ demand and revenue shortfall are the problems of budget does not hit the target for the mega projects (CIMA‚ 2009). Budgeting is defined as “the process of allocating an organization’s financial resources to its units‚ activities and investments” (Blumentritt 2006‚ p73). Although budgets are often stated in terms of money‚ they need not be‚ and can also relate to quantities
Premium Cost overrun Project management Management
Irina Vanessa Lintermanns Verschüer A01200345 September 26‚ 2011 Homework: Questions of budgeting 1. Discuss some of the major benefits to be gained from budgeting. It motivates the executives to define the basic objectives of the company‚ it gives a structure to the company by defining the responsibilities of each of the parts that forms the organization‚ it motivates and rises the participation of all workers of the company‚ it obligates to maintain a control document with historical
Premium Management Budget Time