Introduction The impact of Foreign Aid on the growth and development of less Developed Countries (LDCs) is a matter of strategic importance for the policy makers of these countries in framing their future economic programs and strategies. There has been a significant increase in the flow of foreign aid in the developing countries (Figure 1&2).According to Alberto Alesina, foreign aid is determined by political condition, economic needs and policy considerations of recipients. Despite the advancement
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Bank, by 2035 India would be the third largest economy of the world just after US and China. It will grow to 60% of size of the US economy. This booming economy of today has to pass through many phases before it can achieve the current milestone of 9% GDP. | The history of Indian economy can be broadly divided into three phases: Pre- Colonial, Colonial and Post Colonial. Pre Colonial: The economic history of India since Indus Valley Civilization to 1700 AD can be categorized under this phase
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8/9/13 [Economy Q] Why use GDP (nominal) instead of GDP (PPP) when comparing two nations? « Mrunal HOME ECONOMY MAY 30TH, 2012 2 COMMENTS [Economy Q] Why use GDP (nominal) instead of GDP (PPP) when comparing two nations? After the previous question regarding GDP (at purchasing power parity) between Japan and China, Tarun asked, i have a query why GDP (ppp) is not used often to measure worth of countries as it give real picture than using GDP (Nominal terms) Answer For example:
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Comparative Analysis of the Impact of Macro-economic Variables on the GDP of China and India by Manish Chandi Shrestha Submitted to the Program of Analytics in the Postgraduate Division of the Business School As part of the requirement for Master of Business Administration at Bournemouth University March, 2015 Contents List of acronyms i List of figures and tables ii Abstract 1 Introduction 1 Methodology 2 Data source 3 Findings 3 Interpretation
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Gradable Assignment 1 1. Full form of GDP and what is the difference between GDP per Capita Ans: GDP–Gross Domestic Product GDP per Capita – An estimate of an individual spends as a consumer compared to the total population spending on products and services. GDP is gross domestic product, the total economic output of a country, i.e., the amount of money a country makes. GDP per capita is the total output divided by the number of people in the population, so you can get a figure of
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defines as the expenditure or money spending by households on goods or services. For By using gross domestic product, government can also weigh the income and defines as the expenditure or money spending by households on goods or services. For By using gross domestic product, government can also weigh the income and defines as the expenditure or money spending by households on goods or services. For By using gross domestic product, government can also weigh the
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1. UDP: The Universal Datagram Protocol (UDP) is a communications protocol that it used for fast transfer of data through the network. With UDP, there is no guarantee that the data being sent will be received at the listening IP and Port. If a packet is lost in transmission, it will be up to the requester to request that packet again, as UDP will not care nor check if a packet made it too the destination. Since UDP is simple in its execution, it doesn’t need as much bandwidth as TCP/IP would. In
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Question: Distinguish between real and nominal GDP. Why is the distinction important? Answer: nominal GDP uses current quantities from the current year, whereas real GDP uses current quantities but values from the base year. We use nominal GDP when we want to estimate of the total value of a country’s production. We use real GDP when we what to determine the growth in GDP. Define the following economic terms? a. National Income accounting * A system used by the government to determine economic
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Introduction Malaysia economic development strategy, since the introduction of New Economic Policy has hastened the development process in the following years especially 1980s - 90’s decade. Development was further speeded up in 2000s with the nation vision of achieving an industrialized status by year 2020. However, the rapid development process sometimes was carried out without really taking into consideration, that the possibility of such development will impacts on the environment, in this case
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human error can have mixed impacts on a country’s GDP (e.g. New Zealand’s 2011 Christchurch earthquake, Japan’s March 2011 earthquake and tsunami, the 2010 U.S. Gulf of Mexico oil spill, floods and cyclones in Queensland in early 2011). Using one of the above examples, explain why natural and human- induced disasters often have mixed impact on GDP. (100 – 150 words) A series of disasters in recent years has affected economic growth in a country's GDP. Natural disasters are a "negative supply shock"
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