capabilities demanded‚ are acquired. It is to a nation‚ what the mind is to the body‚ just as a deceased mind is handicapped in the co-ordination and direction of the bodily activities setbacks in the education system would act as a hindrance to economic development. Thus‚ the single most significant complex of social-control tools for national development is found in the educational system; be it formal or informal. (Uwadia ‚ 2010). It is also accepted that the development of any nation depends
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Assignment Inflation Submitted to: Zaved Mannan Senior Lecturer Department of Business Administration Submitted by: Debasis Roy ID: (120306038) Submitted On: 23rd November‚ 2013 Sec: A Inflation Definition “Too much money in circulation causes the money to lose value”-this is the true meaning of inflation. The popular opinion about the costs of inflation is that inflation makes everyone worse off by reducing the purchasing power of incomes‚ eroding living standards
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ISSN 2222-2839 (Online) Vol 3‚ No.9‚ 2011 www.iiste.org Government Expenditure and Economic Development: Empirical Evidence from Nigeria Muritala Taiwo Department of Economics and Financial Studies‚ Fountain University Osogbo‚ Nigeria Corresponding Author’s E-mail: muritaiwo@yahoo.com Tel: +2348034730332; +2347054979206 Taiwo Abayomi Department of Economics‚ Tai Solarin University of Education‚ Ijebu-Ode‚ Nigeria E-mail: yommy246@yahoo.com Tel: +2348055821802 Abstract This study attempts to empirically
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Industrialization has not only changed the way the world do business but also changed the world itself. Fortunately‚ Nigeria is one of the countries that did not escape its impact. Industrialization is the process of social and economic change that transforms a human group from a pre-industrial society into an industrial one. It is a part of a wider modernization process‚ where social change and economic development are closely related with technological innovation‚ particularly with the development of large
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Relationship Between Economic Growth & Inflation In China | | | Table of Contents 1. Research Problem 1 1.1 Problem Statement 1 1.2 Significance of the problem 1 1.3 Research Sub-questions 1 2 Research Objectives 2 3. Research plan 2 3.1 Hypothesis 2 3.2 Variables 2 3.3 Data Collection 3 3.4 Methods of Analysis 3 5. Bibliography i 1. Research Problem 1.1 Problem Statement China’s economy has been growing rapidly during the past two decades‚ so does the inflation rate. Consequently
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THE IMPACT OF THE AGRICULTURAL SECTOR ON NIGERIA ECONOMIC GROWTH PERFORMANCE (1980-2009) ABSTRACT The study set out to ascertain the extent to which Agricultural sector has contributed to the growth of Nigerian economy from 1980 to 2009. As a guide to the study‚ the following hypotheses were formulated: (1) there is no statistical significance between Nigerian agricultural output and real gross domestic product (2) there is no statistical significance relationship between exchange rate fluctuation
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What is inflation? Measurement of Inflation Causes and theories of inflation Types of inflation Effects of inflation Fiscal policy Monetary policy Last two years in India Issues:- 1-Inflation in different sectors Factors- 1-supply constraints 2- demand pressures 3- domestic factors Effects of inflation- Control measures adopted in India Conclusion (with future perspective) Inflation A persistent rise in prices in an economy over a period of time is referred to as inflation. Inflation
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Emerging Trends in Economics and Management Sciences (JETEMS) 2 (1): 1-8 © Scholarlink Research Institute Journals‚ 2011 (ISSN: 2141-7024) Journal of Emerging Trends in jetems.scholarlinkresearch.org Economics and Management Sciences (JETEMS) 2(1):1-8 (ISSN:2141-7024) Budget Deficit and Inflation in Nigeria: A Causal Relationship 1 1 S. O. Oladipo and 2T. O. Akinbobola Department of Economics and Accounting‚ Bells University of Technology‚ Ota‚ Nigeria 2 Department of Economics‚ Obafemi Awolowo
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Foreign Direct Investment and Economic Growth in South Korea and Policy Lessons for Nepal (A Master Degree Dissertation) Submitted by: Raj Kumar Rai MSc. International Finance Student Ref No: M00235713 Submitted to: Middlesex University Business School‚ London 2008/09 September 25‚ 2009 London‚ United Kingdom I Abstract Foreign direct investment (FDI) is taken as one of the key factor of rapid economic growth and development. FDI‚ it is believed to stimulate
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Economic Growth- Please write the definition Inflation- Rising prices across the board. Inflation means less bang for your buc‚ as it erodes the purchasing power of a unit of currency. Inflation usually refers to CONSUMER PRICES. Therefore the goal of MONETARY POLICY in many countries is to ensure that inflation is neither too high or too low. The present growth rate of our country has dropped to nearly three and a half year low of 5.5%. India’s GDP growth for the 1st quarter of the current
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