ENTERPRISES AND ECONOMIC GROWTH Nigeria as a developing economy cannot achieve full development without the contribution of the small and medium scale enterprises (SMEs). In most developed economies‚ the main stay of their economy has been attributed to the effectiveness of the small and medium scale enterprises (SMEs). Small and Medium Scale Enterprises (SMEs) is accepted globally as a tool for empowering the citizenry and economic growth. It has been associated with the rapid economic growth of
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Economic growth The effect of corruption on economic growth has been extensively researched in the last two decades. While not denying that corruption may have played a positive role at particular times in specific countries‚ it leads to lower growth‚ hampering both private and productive government spending in investments and inhibiting the efficiency of public services. Corruption can also affect the growth rate through distortions in tax collection‚ the level of public expenditure and the composition
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Introduction Governments the world over have long been investing in infrastructure in the hope of boosting economic development of their country. To study the relationship between infrastructure and economic development‚ we compared two journals; Infrastructure and Local Economic Development by Rives‚ J & Heaney‚ M. (1995) and Infrastructure and Economic Growth: The Nigeria Experience 1980-2006 by Enimola‚ S (2010). We chose these journals as the journal by Rives‚ J looked at the approach
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success. This holds true in many regards‚ however there are times when emotion should be restricted in swaying one’s thoughts. The pursuit of knowledge is to be completely objective. Thus‚ although emotional intelligence is necessary‚ it is more of a hindrance than a help‚ and should be controlled. Since knowledge is justified true belief‚ it follows that the justification must be logical and true in itself. It must also be accurate‚ but broad. Emotional intelligence goes against this by treating subjective
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people consider computers to be more of a hindrance than a help. Others believe that they have greatly increased human potential. How could computers be considered a hindrance?Give reasons for your answer and include any relevant examples from your own experience. Write at least 250 words.Look at the words or phrases in capitals. Correct your version where necessary.It is easy to understand why some people believe that computers are more of a hindrance than a help. Operations such as obtaining
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causes of corruption and the factors that create the opportunities for corruption‚ what are effects of corruption on economic and political development in Armenia and in different nations. And according to this findings and the experience of other countries that have succeeded in their fight against corruption suggest the policies for reducing corruption in Armenia. The first chapter of the essay mainly deals with the terms‚ definitions‚ concepts and types of corruption. Corruption as one of
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Some Hindrances are cellphones and social media in our life as well as these entertainment apps‚ Hulu‚ Netflix. We can text message and use Facebook see what going on in friends and family’s member life’s around the globe. We are losing touch with what it means
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ECONOMIC DEVELOPMENT‚ 1st definition - it is the sum of growth and change Growth vs. change: Growth - the increase in the kinds and quantities of the available resources Change - the rising standard of living Questions to ponder What is the difference between economic development and development? Which comes first‚ growth or change? Can an economy experience growth without change? TWO CONTEXT OF DEVELOPMENT National - development is a combined effort of both the national and
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Economy Transdisciplinarity Cognition www.ugb.ro/etc Vol. 15‚ Issue 1/2012 103-111 The Role of Banks in Capital Formation and Economic Growth: The Case of Nigeria Alex Ehimare OMANKHANLEN Covenant University‚ Ota‚ Ogun State‚ NIGERIA alexehimare@yahoo.com Abstract: This study investigates the role of banks in capital formation and economic growth: The case of Nigeria for the period 1980-2009. The economies of all market-oriented nations depend on the efficient operation of complex and delicately
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characteristics of Economic Development A country or a society’s economic development is usually associated with rising incomes and related increases in consumption‚ savings‚ and investment. Surely‚ there is far more to economic development than income growth; for if income distribution is profoundly swerved‚ growth may not be conducted by much progress towards the aims that are usually connected with economic development. But what other characteristics are linked with economic development? Low
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