of financial liberalisation (FL) on economic development in less developed countries (LDC). The paper is divided into several sections; the first examines the concept of financial repression and the second introduces the Mckinnon-Shaw thesis of financial liberalisation; section three looks at the critique of Mckinnon-Shaw thesis. This paper presents some evidence that will indicate a positive relationship between financial liberalisation and economic development (e.g. growth rate). However‚ this relationship
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Economics The economics course provides students with a basic foundation in the field of economics. The course has five sections: fundamental concepts‚ microeconomics‚ macroeconomics‚ international economics‚ and personal finance. In each area‚ students are introduced to major concepts and themes concerning that aspect of economics. Fundamental Economic Concepts SSEF1 The student will explain why limited productive resources and unlimited wants result in scarcity‚ opportunity
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Need and importance of ssi In a developing country like India‚ the role and importance of small-scale industries is very significant towards poverty eradication‚ employment generation‚ rural development and creating regional balance in promotion and growth of various development activities. It is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five
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However‚ the Club of Life will not restrict itself in its publications to the unfortunately necessary attack on organizations which hopefully will soon be consigned by history to insignificance; rather‚ we want to present concrete research and development programs which demonstrate how the presently existing limits to
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1971 at Seattle’s Pike Place Market. Today‚ Starbucks operates in around 60 countries around the world‚ and they have more than 18‚000 stores. Starbucks keep expanding the number of retail stores‚ and as a result it is the largest and most well-known coffee shop in the world. In 1987‚ Howard Schulz bought Starbucks‚ and the company really took off in a dramatic way‚ and has continued to be successful from that time until today. Howard Schulz was determined to make Starbucks into a “place for conversation
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Discuss the significance of economic development to international marketing. 1) Why is the knowledge of economic development of importance in assessing international business opportunity? The knowledge of economic development is of importance in assessing international business opportunities because it helps companies to plan their marketing strategies. Marketing strategies must be tailored to the level of development in a country. Therefore it is important to know if a foreign country is stable
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The suspended coffee concept is where people bought extra coffee to be claimed by those who cannot afford one (Ain‚ 2015) or order more coffee than he or she intends to actually consume (Melody‚ 2013). The extras paid on the extra coffee considered as “suspended”‚ that “suspended” portion will be giving to customer in need. The idea of suspended meal come from the suspended coffee that being introduced and practices in Naples‚ Italy. The tradition began in the working class cafe in Naple‚ where
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Research Citric acid: Citric acid is a weak organic acid with the formula C6H8O7. Citric acid is a natural preservative/conservative and is also used to add an acidic or sour taste to foods and soft drinks. In biochemistry‚ the conjugate base of citric acid‚ citrate‚ is important as an intermediate in the citric acid cycle‚ which occurs in the metabolism of all aerobic organisms. Citric acid is a commodity chemical‚ and more than a million tonnes are produced every year by fermentation. It is
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Business and Economic Environment Assignment Brief Assessment Activity Front Sheet This front sheet must be completed by the learner and included with the work submitted for assessment. Programme Advanced Diploma in Contemporary Contexts Unit Module Business and Economic Environment Learner Name Assessor Name Lilian Onuegbu Date Issued 21 February 2014 Hand in Date 16 May 2014 Submitted on Internal Verification Yes
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September 11‚ 2013 Starbucks New Tap App Marketing Plan Phase I‚ II‚ & III The new Starbucks Tap App will revolutionize the coffeehouse industry. This App will be the first to take the industry by storm‚ and effortlessly provide a quicker service in an industry driven according to time. The ability to save the consumer the needed time to prepare and get to work or the next meeting is priceless. Identification of the segmentation criteria that will affect the target market‚ and identification
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