and donors development policy objectives. 2.1. Effectiveness of Foreign Aid The success or failure of foreign aid in developing countries has won a wide range of attention and exhibited a huge controversy. The whole work and accompanying results of foreign aid effectiveness vs economic growth has become a “political football” Easterly and Levine (2003) . The direct impact of aid or its contribution along other factors (Aid_ saving, Aid_ investment, Aid_ productivity, Aid _ Trade) to growth has been
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INVESTMENT ON ECONOMIC GROWTH IN NIGERIA BY AZUMONYE M. CHUKWUEMEKE S1344407 INTRODUCTION Over the years, the debate on the role of foreign direct investment (FDI) as a factor that induces economic growth has received the attention of policy makers, researchers and international organizations (Tumala et al, 2011). There is no denying that most countries strive to attract foreign direct investment (FD1) because of its putative advantages as a tool of economic development. Therefore, this essay
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of government intervention in East Asia. China has generated huge growth rates over recent decades hence this report analyses the industrial policies they used extensively from a historical perspective to how they developed. A comparison will then be made with the industrial policies of Japan, Taiwan and Korea (JTK), where this report finds considerable similarities which are probably due to geography and trade links. The development of the conceptual framework will be analysed as China progressed
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Analysing the growth of the Bovespa index from 2004 onwards. Vincent van Werd - 319088 The Brazilian stock market has been growing steadily since 2004, as will later been shown in detail with illustrations. Which factors impeded growth before that period and which ones facilitated the growth as from 2004? Was the development of Bovespa due to regulatory changes or were other factors involved? Economic factors To determine the role of corporate law in the development of the stock market, I would
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Introduction Five-year plans are financed through the development, or capital budget, which was separate from the government's revenue, or administrative, budget. After the independence of Bangladesh, it was widely believed that once reconstruction tasks were over, the domestic economy would provide most of the resources needed for development. This view was mistaken because systematic drainage of Bangladesh’s resources during the British and Pakistani colonial regimes, which had left it with a
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The New Growth Path: Miracle or Mirage? pg. 1 The New Growth Path: Miracle or Mirage? The South African government has embarked on a series of economic programmes to achieve job growth and redistribution goals. The New Growth Path is the latest: it sets an ambitious target of creating five million jobs by 2020. The Path contains some good dimensions, but remains largely a set of slogans: “green economy;” “knowledge based economy.” It raises some scepticism as far as its workability unless some
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cultural theory and assumptions of growth dealing with psychological and relational development include the idea that: * People grow through and toward relationship throughout the lifespan * Movement towards mutuality rather than movement towards separation characterizes mature functioning * Relationship differentiation and elaboration characterize growth * Mutual empathy and mutual empowerment are the core of growth-fostering relationships * In growth-fostering relationships, all people
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or were previously denied coverage. This reform will provide opportunities for many industries but specifically, the pharmaceutical industry will see much growth. However, one must look at the effect on brand-name and generic drug manufacturers individually to fully understand the ramifications. Overall, healthcare reform is a large growth opportunity for the pharmaceutical industry and research shows a great deal of support for the legislation. In 2009, pharmaceutical interests spent $188 million
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in workforce and economic development. Agenda Slide: Today I will present how woman’s participation is linked to Economic Development. I will use specific examples from different countries to present the trends and what is the measurable impact on the economic development. I will also present specific data from UAE on the subject. I will present my conclusions. Slide 3: Women and Economic Development Woman’s participation is very important for economic development. In developed countries like
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to facilitate the growth of the economy and improve the standard of living of its citizens. It is generally recognized that financial system plays a catalytic role in the process of economic development. The financial system of any nation is a function of the size of its economy. A growing economy places more responsibilities on the financial sector to mobilize the needed capital to facilitate production, generate employment and income. An economy that does not experience growth on sustained basis
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