flows to developing countries fell to $307 billion in 2009‚ registering a 5.5 percent decline (table 1).2 The decline in remittances during the global financial crisis was modest compared to a 40 percent decline in foreign direct investment (FDI) between 2008 and 2009 and a 80 percent decline in private debt and portfolio equity flows from their peak in 2007 (figure 1). Thus‚ remittance flows became more important as a source of external financing in many
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Economic and monetary union was a recurring ambition for the European Union from the late 1960s onwards because it promised stability and an environment for higher growth and employment. However‚ a variety of political and economic obstacles barred the way. Weak political commitment‚ divisions over economic priorities and turbulence in international markets all played their role in frustrating progress towards EMU. Despite these obstacles‚ the second half of the 20th century saw a constant
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“A More Perfect Union” Obama used the Philadelphia venue brilliantly starting off his speech like the Declaration of Independence a very powerful document that was revolutionary for its time; literally. It brought forth the concept that all men were created equally however to this day we still strive to be treated equally. Obama mentions that the slave trade went on for twenty years after the signing of the Declaration of Independence and suggests that our forefathers left it up to future
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UNION BUDGET 2012-2013 ANALYSIS SAJILAL.N.S Roll No: 8‚ SIES EMBA 2012 CONTENTS Overview of Indian Economy Approach to Budget Key Attributes of 2012-2013 Budget Challenges Going Forward OVER VIEW OF INDIAN ECONOMY The Indian economy had left behind the low-growth track of the early 1980s‚ following the bold economic reforms initiated in 1991-93. India began to appear as a significant player in the global economy. India’s exports began to climb‚ its foreign
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1. What were the major objectives of the Soviet Union in its decision to place offensive missiles in Cuba? The first and foremost American objective was to have the Soviet missiles removed from Cuba. Even though the motive for the Soviet decision as strategic in the broad sense‚ it included political advantages as well because a general improvement in the Soviet military position offered enticing prospects for specific gain in foreign policy. 2. The decision making of the Executive Committee
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State of the Union Critique The main topic for this speech is to talk about issues and problems within the area that we live in. This speech talks about how to lower cost on things like living cost‚ education cost‚ and many more necessities that we the people need. The speech also provides information on how we can get more jobs and decrease teen pregnancy‚ crime in the streets‚ and protect the children. If we had more jobs and less crime this would boost the economy a great deal. They
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Stalinism. It is precisely during these times of turmoil that Russian Avant-garde flourished. It marked a clear break from the traditional naturalist theatre and moved towards a new and unprecedented development that came to be known as “leftist art.” The Soviet historian Vadim Kozhinov wrote in an article published in 1976‚ that Russian Avant-garde was closely associated with Russian Marxist aesthetics. This “leftist art‚” however‚ was not necessarily Marxist from the onset. The end of the nineteenth
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RMG Trade Union in Bangladesh: Situation‚ Response and Challenge Afzal Kabir Khan1‚ Syed Musa Kajim Nuri2‚ Subrata Banarjee3 Abstract A trade union is an organisation of workers who have bend or unified together to achieve common goals such as better working conditions. The ready-made Garment (RMG) sector has started its journey in the late 1970s in Bangladesh and it is one of the keys of our national economy The RMG industry in Bangladesh accounts for more than 75 per cent of total exports
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Why were the Bolsheviks able to seize power in 1917? In this essay I will analyse a combination of reasons on how the Bolsheviks came to power and discuss events such as the February and October revolutions‚ the fall of the Tsarist rule and the Provisional government. In 1900 Russia was a great empire ruled by the Tsar Nicholas II. He was an autocrat‚ this meant there was no parliament to limit his power alongside his own secret police; the okhrana‚ they would censor all books and newspapers. During
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USSR. This view has been presented by historians such as W. H .McNeill‚ H. Feis‚ and A. Schlesinger. After WW2 a power vacuum was left in a large part of central and Eastern Europe. Stalin took the advantage of this in order to strengthen the Soviet Union and spread communism. In the Yalta conference (Feb 1945)‚ Stalin demanded parts of Poland to be given to USSR. Stalin made a communist government of Poland although there was already a Polish government in UK. This kind of behavior made the West
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