the acquisition of progressively higher standards of living .Growth without development is being criticised as being an ephemeral and increasingly deceptive indicator of the actual state of the economy .Concepts like population growth which erode economic growth and education and health which enhance human capital accumulation are gaining a lot of importance and are being touted as being as essential to the development of an economy as the growth rate of its GDP .Efficiency is being advocated at all
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Culture and tourism 1. Culture and Tourism 1.1 Definition Culture comprises of “the beliefs‚ behaviors‚ objects‚ and other characteristics common to the members of a particular group or society” (1). Through culture‚ people discover their true identity‚ adapt to social norms and play a vital part in contributing to the society. Therefore‚ culture consists of several aspects of the society such as language‚ values‚ customs‚ norms‚ and so on. On the other hand‚ tourism consists of the practice
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On September 13‚ 2012‚ the Federal Reserve announced another round of quantitative easing (QE). Discuss the expected economic impacts of “QE3” on selected East Asian Country. On September 2012‚ the Federal Reserve announced a new round of open-ended quantitative easing named QE3. Unlike the previous quantitative easing‚ the Fed decided to continue buying mortgage-backed securities until the economy is improved‚ rather than creating another fixed endpoint package. The first quantitative easing was
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on Globalisation Page 3 4.3 Five topics I chose Page 3-4 4.3.1 The role of the W.T.O Page 4 4.3.2 The Impact of Trading Blocks Page 4 4.3.3 Globalisation of production Page 4 4.3.4 Ethical Issues Page 4 4.3.5 Joint Ventures and Strategic Alliannces Page 5 5. Conclusion Page 5 6. References Page 6 7. Bibliography Page 6 1. Introduction The following report has a key primary objective; this is to discuss the effects of globalisation‚ and
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years of 2000 to 2015‚ cancer has had a profound impact on individuals worldwide. Cancer is the 2nd leading cause of death right under heart disease and is only on an uprise. One in eight deaths are cancer related. Researches are always trying to find a cure to this nasty‚ incomprehensible disease.With all the research being done to cure this disease‚ millions and millions dollars are being spent. This is why cancer is the most devastating economic impact
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THE IMPACT OF EXTERNAL DEBT ON ECONOMIC GROWTH IN NIGERIA. BY ABUBAKAR SADIQ SALEH Department of Banking and Finance‚ University of Abuja abubakar008@yahoo.co.uk ABSTRACT Debt is borrowing that is either for the purpose of smoothening the consumption path in the face of transitory shocks or as a means of supplementing domestic savings in order to expand productive capacity and raise the long – run growth rate. The objective of this work
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The economic impact of high gas prices 1 The Economic Impact of High Gas Prices A Brown Strayer University The Economic Impact of High Gas Prices 2 The Economic Impact of High Gas Prices Section 1: Introduction The American economy is one of the strongest in the world; people from every country comes here to live or travel on vacation with their families and take advantage of its many economical opportunities available to its citizens. Traveling is one of
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The Impact of the Growing Economic Power of China China is the second largest economy in the world after the US. This is measured by both nominal GDP ($4.99 trillion)‚ and by purchasing power ($8.77 trillion). The Peoples Republic of China‚ as it is officially called‚ is the world’s fastest growing major economy in the world with an average growth rate of 10% for the past 30 years. China is also the second largest trading nation in the world as well as being the largest exporter and second largest
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“Global Economic crisis: Impact on IT Industry in India.” Abstract: Globalization has ensured that none of the economies of the world stays insulated from the global economic crisis. But there was a general belief that the emerging economies could remain largely apart from the global economic meltdown and provide an alternative engine of growth to the world economy. The effect of the crisis on the Indian economy was not significant in the beginning. The argument soon proved unfounded as the global
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began closing down its operations in North Sulawesi‚ leaving local communities in Buyat Bay and Ratatatok with a dubious legacy. NMR use a submarine tailings disposal (STD) system which a method of waste due to its harmful environmental and health impacts. From 1996 until its closure‚ NMR dumped more than four million tons of mine waste into the bay. Forum the Environment (WALHI) found that NMR’s tailings contained four times the government-allowed level of cyanide and high levels of mercury‚ cadmium
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