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Group 10 Economic Crisis And Unemployment In Brunei

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Group 10 Economic Crisis And Unemployment In Brunei
CONTENTS
CHAPTER 1: INTRODUCTION .............................................................................................. 1
1.1

Background ................................................................................................................. 1

1.2

Aim and Objectives ..................................................................................................... 3

CHAPTER 2: LITERATURE REVIEW ................................................................................... 3
CHAPTER 3: CASE DESCRIPTION ....................................................................................... 6
CHAPTER 4: DISCUSSION AND FINDINGS ....................................................................... 8
4.1

Determinants of Economic Crisis and Unemployment in Brunei ............................... 8

4.1.1

Human Capital Performance ................................................................................ 8

4.1.2

Economic Diversification .................................................................................... 9

4.1.3

Private Sector Development .............................................................................. 11

4.1.4

Economic Statistics Measurement ..................................................................... 12

4.1.5

FDI Linkage ....................................................................................................... 13

4.2

Opportunities for Economic Units in Brunei ............................................................ 14

4.3

Impact of Diversification Failure by Brunei ............................................................. 15

CHAPTER 5: IMPLICATION OF THE STUDY ................................................................... 16
CHAPTER 6: CONCLUSION AND RECOMMENDATION ............................................... 17
REFERENCES ........................................................................................................................ 18

CHAPTER



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And how We Can Finance It? Ann Bartel, R. F. (2004 ). The Impact of Workplaces on Employee Attitudes and Economic Outcomes Anwar, S. A., & Sohail, M. (2003). Testing market orientation of bank managers in the emerging economy in Brunei APEC. (2013). APEC Energy Demand and Supply Outlook – 5th Edition. Brunei Darussalam: APEC. Ashfaq Ahmad, S. R. (1996). Foreign Direct Investment and APEC Economy Intergration. Asia and Pacific Department . (2013). Brunei Darussalam: Statistical Appendix. Washington, D.C.: International Monetary Fund. Bhaskaran, M. (August 2007). Economic Diversification in Brunei Darussalam. Cheong, D. D. (2009). A Study of Unemployment Issues among Registered Job Seekers in Brunei Darussalam Claessens, S., & Kose, M. A. (2013). Financial Crisis: Explaination, Types, and Implication. Cooke, K. (2012). Brunei Darussalam: Diversifying is hard to do. Retrieved from Global, the international Briefing: http://www.global-briefing.org/2012/07/diversifying-is-hardto-do/#auth Crosby, M. (2007). Economic Diversification. The Centre for Strategic and Policy Studies Brunei Darussalam. Department Of Statistics. (2011). Brunei Darussalam Key Indicators. Brunei. Dolphin, T., & Chappell, L. (2010). The Effect of the Global Financial Crisis on Emerging and Developing Economies Economy Watch. (2009, June 29). Benefits of Foreign Direct Investment. Retrieved from http://www.economywatch.com/foreign-direct-investment/benefits.html Harun, A. M. (2014, June 10). Rebalance Public-private Sector. Retrieved from The Brunei Times: http://www.bt.com.bn/news-national/2014/06/10/%E2%80%98rebalancepublic-private-sector%E2%80%99 Hsieh, W.-j. (2004). National Competitive of Brunei: Moving Beyond Natural Resources. International Labour Organization. (2011). Economy Crisis, International Tourism Decline, and Its Impact on Poor. International Monetary Fund. (2008). Brunei Darussalam Statistical Appendix . Washington International Monetary Fund Labour Force) Statistics. Retrieved November 30, 2014, from Economy Watch: http://www.economywatch.com/economic-statistics/BruneiDarussalam/Unemployment_Rate_Percentage_of_Labour_Force/ Khan, G. M. (2004). Encouraging Entrepreneurship in Brunei Darussalam Education and Training for Enterprise Development. Koh, W. C. (2013). Brunei Darussalam 's Trade Potential and ASEAN Economic Integration: A Gravity Model Approach Kruppe, T., Muller, E., Wichert, L., & Wilke, R. A. (2007). On the Definition of Unemployment and its Implementation in Register Data- The Case of Germany Lim. (2009). Economic Crisis, Unemployment & Training in Brunei Darussalam. Apec Forum On Human Resources Development. Low, & Hana, R. (2012, March 13). Concern over increase in number of expat workers raised in LegCo Maierbruggee, A. (2014). Brunei’s brain drain problem can be addressed. Retrieved from Investvine: http://investvine.com/bruneis-brain-drain-problem-can-be-addressed/ Mauer, G. A. (2003). Youth Unemployment - Meeting The Needs Of Youth. 16. Meng, X., Siriwardana, M., Dollery, B., & Mounter, S. (2010). The Impact of the 2008 World Financial Crisis on Tourism and the Singapore Economy and Policy Responses: OECD. (2013). Economic Outlook for Southeast Asia, China and India 2014. Southeast Asia, China and India: OECD iLibrary. Oxford Business Group. (2013). The Report: Brunei Darussalam 2013. Brunei: Oxford Business Group. Paddenburg, A. v., Bassi, A. M., Buter, E., Cosslett, C. E., & Dean, A. (2012). Heart Of Borneo Investing In Nature For A Green Economy Phillips, S. (2012). Doing Business in Brunei. UKTI Team in Brunei, based at the British High Commission in Bandar Seri Begawan. Quintini, G. (2011). Employment, Labour And Social Affairs Committee. OECD. Riley, G. (2012, September 23). Inflation Consequences. Retrieved November 24, 2014, from tutor2u: http://tutor2u.net/economics/revision-notes/a2-macro-consequences-ofinflation.html Saiful, I. (2011). Brunei Economy and its Integration in the Regional Economic Activities. Schwab, K., Sala-i-Martin, X., & Brende, B. (2013). The Global Competitiveness Report 2013–2014: Full Data Edition

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