IMPACT OF MONETARY POLICIES ON THE NIGERIAN ECONOMY INTRODUCTION: Monetary policy being an economic tool is used to stabilize the economy. It is a tool used by the government through monetary agencies like the Central Bank to control the supply of money in an economy. It is used to bring about economic growth and development through the control of inflation. It impacts the economy cannot over-emphasized. It has very positive impacts on the economy and helps in building a sustainable economy
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industry sector‚ agriculture sector to the GDP are 49.33%‚ 28.42% and 22.42% respectively. So‚ the service sectors contribute most of the development of national economy. The research aims are to analyze the comparative contribution of service sector with other sectors‚ the impact of trade liberalization of service sector and to provide the recommendations for development of service sector. It is taken a sample of ten years data of GDP from 2000-01 to 2009-10 for analyzing the comparison of service sector
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Describe the case: Economic development is defined as “the concerted efforts of government‚ business‚ and communities to promote economic growth‚ but also the overall economic and social well-being of people in a specific area.” (Chapter 8 Lecture). As stated on the Study website‚ Aaron Hill-the instructor‚ there are three categories for economic development. Those three categories are: “Government working on big economic objective; such as creating jobs. Programs that provide infrastructure and
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PAKISTAN: RECENT ECONOMIC DEVELOPMENTS AND FUTURE PROSPECTS ISHRAT HUSAIN Most of the news emanating about Pakistan in the Western media relate to terrorism‚ bomb blasts‚ Islamic fundamentalism‚ nuclear non proliferation‚ military rule etc. Seldom does one see a positive story appearing about Pakistan’s remarkable economic turnaround. But the fact of the matter is that despite such negative image Pakistan is one of the favored destinations for foreign direct investment. Foreign direct investment
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There is a variety of theorists who debate about what the ideal conception of development is. In the book Development as Freedom‚ Amartya Sen argues development is the “expansion of… basic freedoms” and the removal of “deprivations such as starvation… and undernourishment” (36). He lists out the five types of freedom: political freedom‚ economic facilities‚ social opportunities‚ transparency guarantees‚ and protective security (Sen 38). These five are interrelated and affect one another. For example
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and micro economic planning; the main reason for
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C17B- SERVICE MARKETING * Explain the role of service industry in economic development of a nation Service sector is the lifeline for the social economic growth of a country. It is today the largest and fastest growing sector globally contributing more to the global output and employing more people than any other sector. The real reason for the growth of the service sector is due to the increase in urbanization‚ privatization and more demand for intermediate and final consumer services
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Poverty as a Critical Issue in Child Development Yue Su San Jose State University Poverty as a Critical Issue in Child Development A myriad of governments across the globe are often faced with the problem of dealing with the issues facing children across the globe. Growing up in poverty impacts negatively affects the growth of children. Children from poor backgrounds are not in a position to associate well with other children from either middle or top class in the society. These children
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Contribution of Muslim Scholars to the Development Of Economics as a Science By Talha Waqar Generally‚ Western historians of ideas trace the beginnings of intellectual history from the Greco-Roman period‚ which ended around 300 BC‚ and then focus on the Renaissance (13th-16th century AD). The history of scientific‚ social and cultural thought during the period 300 BC to 12th century AD is either glossed over or ignored altogether. This presumed gap in the history of ideas is called "History’s Black
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increasing population growth in Kenya‚ labor is not a hindrance to development. In fact‚ people export their workforce to the United States of America through the famous Green card lottery. There is more than this in economic development process.
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