Does Financial Sector Development Increase Income Inequality

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    Globalization

    among the people, companies, and governments of different nations, a process driven by international tradeand investment and aided by information technology. This process has effects on theenvironment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. Globalization is not new, though. For thousands of years, people—and, later, corporations—have been buying from and selling to each other in lands at great distances

    Words: 1862 - Pages: 8

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    How China Rises

    environment and the achievement of social harmony. According to some estimates, China has displaced the USA as the world's biggest source of greenhouse gases. Inequality is rising as fast as pollution: China now has over 800 individuals with a personal wealth of more than a hundred million US dollars each, up from 500 in 2006; while the average income in rural areas of China is 480 dollars per year. Made in China. Hu Jintau's remark on the extraordinary nature of the most recent years can be faulted

    Words: 51278 - Pages: 206

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    Macro Economic Report

    .................. 4 Political Violence: ...................................................................................... 4 Real Sector: ................................................................................................ 5 Monetary Policy: ....................................................................................... 5 External Sector: ......................................................................................... 6 Fiscal Policy: ...........................

    Words: 2689 - Pages: 11

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    When Your Business Model Is in Trouble

    UN-HABITAT - WORKING GROUP A Bottom of the Pyramid Approaches for Urban Sustainability Background Paper – Draft 0 At the Fourth Session of the World Urban Forum held in Nanjing in November 2008, the private sector decided to organise two working groups which would be based on the themes of Urban Governance and Bottom of the Pyramid Approaches for Urban Sustainability. Through their work, the groups will also contribute to the preparation of Core Business Principles for Sustainable Urbanization

    Words: 6680 - Pages: 27

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    Problem, of, Islamic, Banking, in Bangladesh Pdf

    the rules and principals set by Shariah. Along with religious requirement, economic exigencies provide a new outlook to the role of banking in promoting investment/ productive activities, influencing distribution of income and adding stability to the economy. The Islamic banking sector is, however, criticized on several grounds by the Conventional bankers. The banks are believed not to apply the rules of Shariah completely. Islamic banks are said to include interest in their dealings to compete effectively

    Words: 11603 - Pages: 47

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    Case Study of the Economic Problem

    in India Due to increased energy demand, India must import energy to meet current demand. There is potential for biofuels to leverage indigenous sources of inputs, potentially increasing income and opportunities in rural areas. Yet the development of a biofuel sector could increase staple food prices and increase

    Words: 6384 - Pages: 26

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    E-Commerce

    Chatterjee (2013, p. 32) stated that while India is the second most populated country in the world, with a current population of about 1.21 billion with an average population growth rate of 1.41%, this is a clear indication that this population will increase more with time. When looking at the age structure, people who are 15-64 years old make up 65% of India's population and only 30% being under 15 years of age. This clearly indicates that India is composed of a rather young population. As per the 2011

    Words: 26599 - Pages: 107

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    Brazil Car Demand

    is a country with large natural resources and a large labor pool. It has managed to exploit these to become South America's leading economic power and regional leader, and one of the first in the area to begin an economic recovery. Highly unequal income distribution and crime remain pressing problems. Over 25% of population is still below the poverty limit. Brazil has its work cut out for itself where it has to be all set to host both the 2014 World Soccer Cup and the 2016 Olympic Games (Focus2move

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    Financial Performance

    Performance of Financial Institutions in Bhutan Dil Bahadur Rahut* Iván Velásquez Castellanos** Pravakar Sahoo*** Abstract The Kingdom of Bhutan is a small landlocked country in South Asia, located in the eastern Himalayas, and bordered by India and China. Bhutan is a small and fragile economy with a population of about 687,000. Nevertheless, its banking system plays an essential role in the growth and development of the country. This paper analyzes the financial performance, the development and

    Words: 13586 - Pages: 55

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    West Bengal

    government have earned the confidence of the investors and an ambience of rapid industrial development has been created in the state. The chambers of commerce and industries, big industrial houses, foreign and domestic investors and even the die-hard critics of the Left have been appreciating the role of the state government and its policy framework.  It needs to be mentioned that the process of industrial development of West Bengal has its own history. From the colonial days to the period prior to

    Words: 3543 - Pages: 15

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