economic development: Japan is one of the most studied economies in the world‚ due to its spectacular growth in three different periods. The three periods have huge gaps between themselves. At first we will see the foundation of Edo (1603) with the whole inland economical developments‚ secondly we will see the Prewar period(1868-1945) and thirdly we will see Japan after the defeat of World War II (1945) (postwar period)when the island nation rose to become the world’s second largest economy. This
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country? Surveys are made and reports being churned out that state the economic growth of a nation. Does the rate of this economic growth a true indicator in this regard? If that is true why is it then that even in the 21st century decades after the industrialization and years after globalization the proportion of developed countries to under-developed countries is still wide enough? The answer lies in the economic development of these countries. If the gross domestic product or national income of the
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4.2 MAJOR CONTRIBUTIONS OF MINERALS TO THE ECONOMY IN NIGERIA Mineral resources contribute majorly to the Nigerian economy in d following ways; 1) Sources of raw material for allied industries As we can see from the minerals highlighted above‚ minerals are major source of raw materials in industries e. g gold used for jewelries‚ limestone for cement‚ and so on. Organic deposits like coal and petroleum products like natural gas are used in powering machines in the industries. The raw materials
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ROLE OF NAFDAC IN AIRFREIGHTING IN NIGERIA PRESENTED BY PROFESSOR DORA N. AKUNYILI (OFR) DIRECTOR-GENERAL (NAFDAC) AT A ONE-DAY SEMINAR ON OPTIMISING OPPORTUNITIES FOR AIRFREIGHT IN NIGERIA ORGANISED BY NIGERIAN SHIPPERS’ COUNCIL 24TH AUGUST 2006 INTRODUCTION: It gives me great pleasure to be invited to present a paper at this one day sensitization seminar with Theme Optimizing opportunities in the Airfreight industry‚ organized by the Nigerian Shippers Council for importers/exporters‚ operators
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THE ROLE OF THE MILITARY IN NIGERIA POLITICS BY IRABOR IKECHUKWU EMMANUEL. MPA 822. THIS IS SUBMITTED TO THE DEPARTMENT OF POLITICAL SCIENCE AND PUBLIC ADMINISTRATION IN PARTIAL FUFILLMENT OF THE AWARD OF DEGREE OF MASTERS IN PUBLIC ADMINISTRATION (MPA). UNIVERSITY OF BENIN. LECTURER DR EBOHON JANUARY‚ 2012 INTRODUCTION The role of the military in Nigeria politics cannot be over looked. We are going to analyse this issue from 1966-1979‚ 1983-1999 and their role in present
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What is the Real Role of the Fed in the Economy? Monetary Policy Cause and Effect EC301 Intermediate Macroeconomics 5 May 2013 The current status of the United States economy is a common discussion or topic in today’s media and in many individuals’ households. The state of the economy affects us all in nearly every aspect of our lives. Whether you’re grocery shopping‚ buying gas‚ registering your children for school‚ or exploring insurance rates‚ the economy has an effect on the bottom
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The role of banks in an economy One think one knows what a bank is and what it does. And not without reason: most people have had experience of at least one bank‚ even if it is only through having a salary account or withdrawing cash from an ATM. A bank’s activities in all its divisions can basically be simplified as follows: it transfers money and information‚ and in doing so transforms money‚ maturities and risks. Some of the example of four lines of a bank’s business to examine how it does this
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DIFFERENCE BETWEEN GROWTH AND DEVELOPMENT Growth is usually used in reference to size or physical development. Development overall is a more general and envelop term than growth. Development includes growth‚ but also includes other aspects of improvement or development. Growth and development are often used together in a sentence‚ whether it is talking about a person‚ a business or even the economy. However‚ what does growth and development actually mean and how are they similar or different
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THE GROWTH OF INTELLECTUAL AND ACADEMIC INTERGRITY IN NIGERIA The cultural attitude in Nigeria(especially in the western part of Nigeria)‚ before the era of globalisation was that no one could own words or knowledge. Folk tales‚ stories and even the Yoruba history was passed down orally from one generation to the next and nobody has really been able to pin point the source or origin of these tales till date. This is evidenced by some Yoruba literature books (YORUBA LEGENDS by M. I. Ogunmefu and
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affecting the financial sector are now being observed in the wider economy. In January 2009‚ it was confirmed that the UK is officially in recession as the criteria of two consecutive quarters of negative economic growth has been met. Gross domestic product (GDP) fell by 1.5% in the last three months of 2008 following a 0.6% drop in the previous quarter. Many events leading to the current situation have stemmed from the managerial decisions made within various financial institutions. The following
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