Contribution of Agriculture and Petroleum Sector to the Growth and Development of the Nigerian Economy from 1960-2010 By 1 1 Aminu Umaru and 2Anono Abdulrahman Zubairu Department of Economics & 2Department of Management Technology School of Management and Information Technology Modibbo Adama University of Technology‚ Yola‚ Adamawa State‚ Nigeria. Abstract This paper investigates the contribution of agricultural sector and petroleum sector to the economic growth and development (GDP) of the Nigerian economy
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With the abandonment of a hunting-gathering way of life and the rise of permanent settlements and eventually cities‚ the human population has undergone dramatic growth. "It took until after 1800‚ virtually all of human history‚ for our population to reach 1 billion. Yet we reached 2 billion by 1930‚ and 3 billion in just 30 more years‚ in 1960" (Withgott & Brennan‚ 218). Today the world ’s population has grown to an estimated 6.5 billion people. "Increased population intensifies impact on the environment
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Chapter 6 Microbial Growth 1 Growth • increase in cellular constituents that may result in: – increase in cell number • e.g.‚ when microorganisms reproduce by budding or binary fission – increase in cell size • e.g.‚ coenocytic microorganisms have nuclear divisions that are not accompanied by cell divisions • microbiologists usually study population growth rather than growth of individual cells 2 The Growth Curve • observed when microorganisms are cultivated in batch
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factors notwithstanding‚ a major weakness in the economy is that the growth is not perceived as being sufficiently inclusive for many groups * especially Scheduled Castes (SCs)‚ Scheduled Tribes (STs)‚ and minorities * Gender inequality * adverse effect on women * The lack of inclusiveness is borne out by data on several dimensions of performance. * rate of decline in poverty has not accelerated along with the growth in GDP * the incidence of poverty among certain marginalized
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How can India achieve inclusive growth to prevent the gap between rich and poor from widening? Inclusive Growth: A Paradox In Interests An essay by Hamza Ali‚ The University of Hull‚ UK Indian self reliance is a pipe dream that has consumed many of its greatest minds in the past half century. Its proponents often cite the litany of problems facing a nation whose population stretches to 1.1 billion and has hundreds of millions of people living in abject poverty
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ECONOMIC GROWTH is the long term expansion of a country’s productive potential Short term growth is measured by the annual % change in real national output – this is mainly driven by the level of aggregate demand (C+I+G+X-M) but is also affected by shifts in SRAS Long term growth is shown by the increase in trend or potential GDP and this is illustrated by an outward shift in a country’s long run aggregate supply curve (LRAS) Key drivers of growth There have been numerous research studies in
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explain why it is said “economic growth is a race between depletion and invention. AS Macroeconomics / International Economy Economic Growth Growing economies provide the means for people to enjoy better living standards and for more of us to find work. But what is economic growth and how best can a country achieve it? Defining economic growth Economic growth is best defined as a long-term expansion of the productive potential of the economy. Sustained economic growth should lead higher real living
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Economic growth From Wikipedia‚ the free encyclopedia This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (April 2011) GDP real growth rates‚ 1990–1998 and 1990–2006‚ in selected countries. Rate of change of Gross domestic product‚ world and OECD‚ since 1961 Economic growth caused the production-possibility frontier to shift outward. Economic growth is the
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NBER WORKING PAPER SERIES GROWTH IN REGIONS Nicola Gennaioli Rafael La Porta Florencio Lopez de Silanes Andrei Shleifer Working Paper 18937 http://www.nber.org/papers/w18937 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 April 2013 We are grateful to Jan Luksic for outstanding research assistance‚ to Antonio Spilimbergo for sharing the structural reform data set‚ and to Robert Barro‚ Peter Ganong‚ and Simon Jaeger for extremely helpful comments. Shleifer
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ORGANIZATIONAL GROWTH _______________________________________ Growth is something for which most companies‚ large or small‚ strive. Small firms want to get big‚ big firms want to get bigger. Organizational growth‚ however‚ means different things to different organizations. How‚ then‚ is growth defined? How is it achieved? How does a company survive it? PHASES OF GROWTH A number of scholars and management theorists have developed models of how organizations change and grow. One such model is
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