DURING DIFFICULT ECONOMIC CONDITIONS For the Department of Business Innovation and Skills (BIS) John Kitching Robert Blackburn David Smallbone Small Business Research Centre‚ Kingston University Sarah Dixon School of Management‚ Bath University June 2009 URN 09/1031 Contents EXECUTIVE SUMMARY i 1. INTRODUCTION‚ RESEARCH OBJECTIVES AND METHODS 1 2. RESEARCH CONTEXT 1 2.1 Defining Difficult Economic Conditions 1 2.2 The Current
Premium Recession Business cycle Strategic management
Definition An economic condition marked by the fact that individuals actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economic conditions and other circumstances. Unemployment describes the state of a worker who is able and willing to take work but cannot find it. As indicated by the unemployment rate and other yardsticks‚ unemployment is an important measure of the economy’s strength. A high
Free Unemployment Inflation
Global Economic Condition Great Recession of 2008-09 has slowed the growth of world output‚ especially in the developed countries like EU‚ USA‚ Japan and Canada etc. In the developed countries unemployment remains high at the rate of nearly average 9 per cent again income of the employed people remain stagnant1. Although the great Recession is on the way of recovering‚ more and more worker remain out of the job for a long time‚ especially young workers‚ medium-term growth prospects also suffer
Premium United States Economics Macroeconomics
of economic growth‚ gradual decline of budget deficit‚ high rate of export and import growth‚ steady rise of foreign currency reserve at a satisfactory level are some of the major achievements that Bangladesh attained during the past few years until FY2007-2008. Success in achieving these significant milestones is largely attributable to a set of policies and reforms implemented in order to attain macroeconomic stability accompanied by acceleration of economic growth. With continued economic growth
Premium Tax Economic growth Gross domestic product
domestic growth rate are prevailing in the economy. The country is not only technologically and managerially inefficient but also underdeveloped in the areas of key infrastructure such as transport‚ telecommunication‚ and energy sectors. Recent Economic Condition of Bangladesh The Bangladeshi economy has been growing impressively over the last decade. In the last five years‚ Bangladesh has been able to attain an average GDP growth of 6%. As per government statistics‚ in FY12 Bangladesh managed to
Premium Inflation
Economic condition of Pakistan For the past few years Pakistan has been following the technique of assessment of domestic oil value against the international oil value on a fortnight basis. About 85% of the oil required for domestic uses in Pakistan is imported. Back in the year 2004 various subsidies were given by the government on the oil price as an attempt to protect the citizens from the prospective record fuel costs. It was also an attempt to curb the rate of inflation prevalent in the country
Premium Benazir Bhutto Inflation Pakistan
trade policy regime: framework and objectives 1 Overview During the period under review‚ Bangladesh’s legislative and institutional framework governing trade and foreign direct investment has changed only slightly. Efforts have been made to ensure better policy coordination of trade and related WTO matters by‚ inter alia‚ creating a WTO Cell at the Ministry of Commerce‚ the Bangladesh Foreign Trade Institute and a National Advisory Committee. Despite its strong attachment to‚ and active
Premium International trade World Trade Organization
Afghanistan is one of the poorest nations due to years of war and political instability and is largely dependent on foreign aid. Afghanistan’s debt as of 2004‚ was $8 million in bilateral debt‚ mostly to Russia‚ with $500 million in debt to Multilateral Development Banks. The gross domestic product‚ per capita is $1‚000‚ with a real growth rate of 7.5%. The composition per sector is agriculture (38%)‚ industry (24%)‚ and services (38%). The labor force is approx. 15 million‚ with an unemployment
Free Export International trade Import
ASIAN UNIVERSITY OF BANGLADESH An Assignment On “Economic condition of Bangladesh” Course Title: Microeconomics Course code: BBA 1204 Submitted to Dr. Shamsul Islam Latifi Associate profesor‚ Dept. of Economics Asian University of Bangladesh Submitted By Md. Hasan Khan ID: 200920863 Batch: 36th Date of Submission 5th September‚ 2013 Letter of Transmittal Dr. Shamsul Islam Latifi Associate professor‚ Dept. of Economics Asian University of Bangladesh. Sub: Letter of Transmittal. Dear
Premium Macroeconomics Fiscal year Economic growth
significantly among rural and urban areas and from province to province‚ from a low of 14% in urban Sindh to 41% in rural NWFP. Pakistan has grown much more than other low-income countries‚ but has failed to achieve social progress commensurate with its economic growth. The educated and well-off urban population lives not so differently from their counterparts in other countries of similar income range. However‚ the poor and rural inhabitants of Pakistan are being left behind. For example‚ access to
Premium Unemployment Economics Inflation