Brundtland Commission, is a "development that meets the needs of the present without compromising the ability of future generations to meet their own needs". Inclusive growth on the other hand, pertains to an equitable allocation of resources to every sector of the society which in effect decreases the rapid growth rate of poverty, at the same time increasing the involvement of its people to the growth of the country. To be considered as an industrialized and developed country, one must take consideration
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|implementer | | |Monitoring and analysis of rural financial market development trends, study of the policies for the Rural Financial Market | | |development | |
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MUTUAL FUNDING: IMPACT ON THE GHANAIAN ECONOMY A comparative study of two mutual funds companies in Kumasi DEPARTMENT OF BUSINESS STUDIES EDMUNDSON LAWRENCE KOBINA 1.0 INTRODUCTION 1.1 BACKGROUND TO THE STUDY Over the years in Ghana, the private sector has had it difficult raising capital and adequate funds for investment and other business activities, this led to the undertaking of a number of financial sector reforms by the government. The emergence of mutual
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producer and exporter, Saudi Arabia controls the whole Organization of Petroleum Exporting Countries. Saudi Arabia’s free market economy has incredible changes in a relatively short term of time. I t has grown from agricultural base community into the regional and global economic power with a modern infrastructure. Petroleum is a fundamental part of the Saudi Arabia’s economy comprising 45 percent of the country’s GDP. Saudi Arabia is the world’s largest producer and exporter of oil, accounting for 20
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Economy of South Korea By Henry Graves Dr. Davis September 27, 2014 South Korea is known as one of the emerging economies of the entire world. The South Korean economy has been growing at a steady pace for the past 15 years; this is being accomplished with a dangerous situation with their northern neighbor. When the Korean War ended in 1953 by an armistice that defined the international boundaries between North and South Korea. However, these boundaries are merely
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1 EGC Montauban Business School Bachelor degree THESIS THE FINANCIAL CRISIS AND ITS CONSEQUENCES ON THE GERMAN FINANCIAL SYSTEM Thesis presented by Florian DAVID Promotion Mulliez florian.david@egc-montauban.fr The 10th August 2009 2 Figures....................................................................................................................... 3 Introduction.........................................................................................................
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greatest financial crisis since the great depression of the 1930s. This financial crisis also known as the “Great Recession” caused various problems for different economies worldwide. The collapse of the Lehman Brothers bank, a sprawling global bank, in September 2008 almost brought down the world’s financial system. Large sums of tax payer based bail-outs were needed in order to shore up the company. However, the issuing credit crunch made matters worse as it turns the global financial crisis into
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A Case of Banking Industry in India Kiran Kumar Kakarlapudi Background and Motivation India has entered high growth trajectory with the initiation of economic reforms in the early 1990s with a policy shift towards free market economy.1 While on the growth front, the economy has performed considerably well, on the other hand the issue of distributional effects of growth has gained momentum in the academic and policy environment. Thus, in the eleventh and twelfth five year plans, emphasis has been
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DEEP FREEZE International Trade Assignment Case Study of Iceland FinancIal Collapse MBA in Marketing&Communication “The most spectacular bankruptcy of the 2008 financial crisis was the collapse of Iceland's financial system. This collapse is especially intriguing as Iceland is not an underdeveloped country!” ---EHMAN BROTHERS Introduction Iceland is an independent Nordic European island country situated at the confluence of the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge
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BusinessDictionary.com, private sector is defined as the part of a national economy made up of private enterprises, including the personal sector (households) and corporate sector (companies), which are responsible for allocating most of the resources within an economy. This article discusses how the British company, Northern Rock, has changed its business sector in the last few years due to a change in the economy. The company has had many changes—going from private sector to public sector, and then back to
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