How can we measure the economic growth of a country? Experts have proposed many techniques to assess the economic progress of a country. One of these techniques is to calculate the sum of all the goods and services produced in the country which is known as gross domestic product (GDP). The indicator was created in the wake of great depression in 1930s and still is used to measure individual countries’ economic performance. But now most of the economists claim that GDP alone cannot reflect the
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population growth in developing areas‚ at least that is what some researchers believe. They agree that rapid growth in today’s less developed countries have favorable effects such as economies of scale and specialization‚ better capacities‚ and motivations of younger people compared with older ones. However‚ rapid population growth creates high pressures on elemental resources that compromises our actual model of development as human beings. In fact‚ it’s often suggested that rapid population growth in developing
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J U LY 2 0 12 How strategists lead Cynthia A. Montgomery A Harvard Business School professor reflects on what she has learned from senior executives about the unique value that strategic leaders can bring to their companies. Seven years ago‚ I changed the focus of my strategy teaching at the Harvard Business School. After instructing MBAs for most of the previous quarter-century‚ I began teaching the accomplished executives and entrepreneurs who participate in Harvard’s flagship programs for business
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Tourism Some people say that tourism is beneficial to a contry.Others say that it does more harm than good. Nowadays people are more willing to spend their hardworked money on dream vacation than before‚so the tourism is of vastly importance for any country and its economy that has natural wonders or rich and interesting history.But is tourism bringing more bad sides with its development or is it all worth it? To begin with tourism has a lot of good
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नमस्ते The Rebuplic of India is a country which can be found in South Asia‚ bordering on China and neighbouring Nepal‚ Bandladesh and Pakistan. Indian dependence was granted in 1947 thanks to Ghandi and Nehru who non-violently resisted the British rule after Great Britian became the dominant political power in India in the early 19th century. It is considered to be one third of the size of the US. While it is the home of the famous Taj Mahal and Himilayas‚ in it’s capital New Delhi lives 21.72 million
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and United Kingdom (Table 22). Seventy percent of the companies reported clients from Europe other than the United Kingdom. Sixty-five percent said clients came from the Republic of South Africa. Nearly 80 percent of the clients were from three countries; United States (34 percent)‚ United Kingdom (23 percent) and Republic of South Africa (22 percent). In 1989‚ 19 companies served 12‚879 clients (Table 23). Several of the respondents were small companies‚ as many of the larger companies did not respond
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America and India Introduction Developing country means the countries compared with the developed countries have lower degree of development of the economic and social aspects. Developing countries have a vast territory‚ large population‚ vast market and rich natural resources. There are many strategic places‚ in terms of economic‚ trade‚ or from the military‚ occupied an important strategic position. China is the largest developing country. Developed country Refers to a higher level of economic
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CHARACTERISTICS OF DEVELOPING COUNTRIES Low standard of living • Low Standards of living tend to be experienced by the majority of the population. • The main indicators of these low living standards are high poverty levels (i.e very low incomes)‚ high levels of inequality‚ very poor housing‚ low standards of health‚ high infant mortality rates‚ high levels of malnutrition and a lack of education. Low levels of productivity • The main causes are low education standards within the countries‚ the low
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The Problems and Solutions of Green Marketing in developing country In recent years‚ along with the widespread approval of sustainable development‚ it has gradually become a mutual recognition all over the world that the green economy is the new economic type which will realize the sustainable development during the 21st century. Complied with this historical trend‚green marketing has also gradually become one typical new concept marketing pattern of the humanist marketing time. (Li‚2007) Based
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THE IMPACT OF REGULATION ON ECONOMIC GROWTH IN DEVELOPING COUNTRIES: A CROSS-COUNTRY ANALYSIS 1 ABSTRACT The role of an effective regulatory regime in promoting economic growth and development has generated considerable interest among researchers and practitioners in recent years. In particular‚ building effective regulatory structures in developing countries is not simply an issue of the technical design of the most appropriate regulatory instruments‚ it is also concerned with the quality
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