Course title: Date of submission: Economic Impact of China’s Demographics Introduction Policies regarding population development are a major factor towards determining China’s future economic prospects. China is the most populous country in the world, doubling its population over the last 60 years (Lee & Qingjun 58). For the rapid population growth that China has achieved over the last few decades, controlling and monitoring the growth of the population has been at the core of the country’s administration
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and neo-classical approaches to development which emphasis the long existing capitalist structure as the best model for development. Classical theorists tend to equate or see development as economic growth that is achieved though “liberalisation of world trade and comparative advantage.”(Smith and Ricardo). In Rostow's stages of growth model, he explains that a country transition from a state of underdevelopment to development through passing five linear series of stages: the traditional society, the
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Christopher Reeve. If you were at a shooting what would do, risk your life to save others or save yourself? what is a hero? There are many people in this world and many people are not heroes. A hero is someone who would put their lives in danger to help someone,step out of their normal life to help others and sue their strength for good reasons life saving people. Someone who would step out would help people who are getting shot at and help them to safer areas, knowing they would not get any prizes would
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International Journal of Finance and Accounting 2013, 2(7): 365-372 DOI: 10.5923/j.ijfa.20130207.04 Role of Pension Funds in Financial Intermediation Ondabu Ibrahim Tirimba Finance and Economics Department, PhD Candidate Jomo Kenyatta University of Agriculture and Technology, Nairobi, Kenya Abstract This paper aimed at discussing the various roles that pensions play in financial intermediat ion. Descriptive research design was adopted with the population being all the available literature on the
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Doing Better by the Environment Sustainable development INTRODUCTION Rio and after The latter part of the twentieth century saw an increasing concern for the environment. The concept of “sustainable development” (as defined by the World Commission on Environment and Development in 1987) is: By the early 1990s there was considerable pressure for governments to create agreements concerning the environment and its protection. The environment is a key subject that affects us all.
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perspectives are created. In his book, “The Best War Ever,” Adams explains how Americans believed World War II was a clean, glorious and courageous victory, when in reality it was not. The era became viewed as “America's golden age, a peak in the life of society when every thing worked out and the good guys definitely got a happy ending" (Adams, 2). Besides the general population's idea that the United States was saving the day by going to war, the main tool of distorting the reality of war was propaganda.
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growth of Mutual fund in India. Mutual Fund: Mutual Fund is an institutional arrangement wherein savings of millions of investors are pooled together for investment in a diversified portfolio of securities to spread risk and to ensure steady returns. These funds bring a wide variety of securities within the reach of the most modest of investors. It is essentially a mechanism of pooling together savings of large number of investors for collective investment with an approved objective of attractive
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College Dictionary defines a lease as “a contract by which one party (landlord, or lesser) gives another (tenant, lessee) the use and possession of lands, buildings, property, etc., for a specified time and for fixed payments (Editors of Webster’s New World Dictionary, 2007).” In the scenario outlined in the text, a company had to decide whether or not to lease or purchase a piece of equipment, with a value of $200,000, which will be used over a period of three years. In the following paragraphs
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something better a few years down the road after they get tired of using the object that they cared so much for in the past. Bob was a selfish person and loved his self too much and his belonging. The world would be such a better place if people like Bob were taking out of it. Selfish people make the world a harder place to live because they live for the interest of themselves and not for the interest of others. They only care for their lives and their feelings instead of the lives and feelings of other
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Monetary policy is the process by which the monetary authority government controls the downturn economy through supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability in the world down turn. The official goals usually include relatively stable prices and low unemployment. Formulating a country's monetary and fiscal policy is extremely important when it comes to promoting sustainable economic growth. More specifically, monetary
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