ASEAN ECONOMIC COMMUNITY: A FOCUS ON THE PHILIPPINES The blueprint for realizing an ASEAN Economic Community (AEC) by 2015 was adopted and signed by ASEAN Leaders in November 2007 in Singapore during their annual Summit Meeting. One of the main objectives of an AEC is to create a single market and production base by ensuring a free flow of goods, services, investment, capital and skilled labor. While the ASEAN Integration is expected to level the playing field among industries in the region
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Indian Economy: Progress and Prospects By Deepak Mohanty ∗ It is an honour and privilege for me to be speaking at Harvard to such a distinguished audience. I thank Professor Benjamin Friedman and Professor Tarun Khanna for this opportunity. I will be speaking on the Indian Economy. India is home to 1.21 billion people, which is about 17.4 per cent of the global population. However, it accounts for only 2.4 per cent of world GDP in US dollar terms and 5.5 per cent in purchasing power parity (ppp)
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for health education among the very poor and for participatory programs that meet their needs through efforts that fit their lives culturally and economically.” (Millard et al., 2010, p. 907) With that knowledge they formed DEEP, Diabetes Empowerment Education Program. The program put the high risk patients together for weekly meetings that featured a healthy meal that could be made on a budget and an exercise regimen that all members of the family could participate in. At the end of the
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Most of the countries tried to reestablish the gold standard after World War I, but it had been totally collapsed during the Great Depression in 1930s. Some economists said comply with the gold standard had prohibited monetary authorities from increasing the money supply rapidly enough to recover the economies. Therefore, the representatives of most of the world's leading nations met at Bretton Woods, New Hampshire, in 1944 to create a new international monetary system. The representatives had decided
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apartheid, it has made great progress in dismantling its old economic system, which was based on import substitution, high tariffs and subsidies, anticompetitive behavior, and extensive government intervention in the economy. The leadership has moved to reduce the government's role in the economy and to promote private sector investment and competition. It has significantly reduced tariffs and exports subsidies, loosened exchange controls, cut the secondary tax on corporate dividends, and improved enforcement
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total employment. Coffee has been a major crop which also mainly contributes to Ethiopia’s exports to the other countries. Ineffective cultivation practices and inadequate rainfall are the major deterrents to the agricultural sector. But recent joint efforts by the Ethiopia Government and aid agencies are helping to upgrade the traditional agricultural practices. This has significantly contribution to the reduction in number of Ethiopians suffering from starvation. The sectors of banking which comprises
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2010 Assessment Report 2010 Economics GA 3: Examination GENERAL COMMENTS This was the first year of the new VCE Economics Study Design 2010–2014. It was evident that students found Section A of the 2010 Economics examination more challenging than in recent years. The quality of written answers in Section B was generally good and the majority of students attempted all question parts. It is commendable that students had prepared well and kept abreast of current developments in the Australian
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Introduction Drug development from initial discovery of a promising target to the final medication, is characterized by a high degree of scientific, regulatory and economic risk. Colossal amounts of time, effort, and money are invested in the research and development process to bring a new medicine to the market. In fact, it takes an average of 10 to 15 years to bring a drug from discovery to approval, and for every 5,000-10,000 compounds investigated; only one is approved and marketed.
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Answers to Textbook Questions and Problems CHAPTER 1 The Science of Macroeconomics Questions for Review 1. Microeconomics is the study of how individual firms and households make decisions, and how they interact with one another. Microeconomic models of firms and households are based on principles of optimization—firms and households do the best they can given the constraints they face. For example, households choose which goods to purchase in order to maximize their utility, whereas
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1. Introduction and Background of Budget The Capital Budget of the public sector or sometimes also known as Public Budget concerns how the government plans its revenues and expenditures at the Federal level, State level, and Local government level, to carter for the needs of its development programs and projects. In a democratic society, the division of resources between the public and private sectors is roughly determined by the desires of the electorate. But because it’s such a complex and time-consuming
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