Abstract This assignment seeks to consider the facts‚ challenges‚ dimensions and strategies on how education can play a pivotal role in sustainable economic development. It considers three different perspectives of dimensions as researched globally and now applicable in the South African context. It also discusses the concepts of how education can be applicable and of great assistance for self-reliance to address the skills shortage and job creation challenges in South Africa. It further discusses
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University zaria officials paid a courtesy visit to one of the prominent elder state man in African‚ Ambassador Maitama Sule; one time Nigeria Ambassador to the United Nations. He was part of the African Nationalist that founded the African Union. The visit was to give us insight on panacea to African contemporary issues. EXCERPT: The history of political development in Nigeria and African indeed is very interesting. With the problem now facing us‚ it is only appropriate we should look back there and see
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Introduction The history of electricity development in Nigeria can be traced back to the end of the 19th century when the first generating power plant was installed in the city of Lagos in 1898. From then until 1950‚ the pattern of electricity development was in the form of individual electricity power undertaking scattered all over the towns. Some of the few undertaking were Federal Government bodies under the Public Works Department‚ some by the Native Authorities and others by the Municipal Authorities
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Economic Development - Changes in income‚ savings and investment along with progressive changes in socio-economic structure of country Economic Growth - Economic growth refers to an increase in the real output of goods and services in the country Globalisation refers to the integration between different countries and economies to operate as a single eco entity Can achieve eco growth by eco development How to achieve eco dev? Trade Patterns - What goods and services a country trades‚ with whom
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MACROECONOMICS POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA INTRODUCTION In normal economic condition‚ macroeconomic policy drivessustainable development of anation. The two main branches of macroeconomics policies are based on monetary and fiscal economics. Central Bank‚ the nationalapex bank controls the monetary policy while the Ministry of Financeplays major role in national fiscal policy. However‚ most economists concur that‚ synergy exists between micro-and macro-economics variables and two policy agents
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CHAPTER ONE INTROUDCTION 1.1 BACKGROUND OF STUDY The current period in the world economy is regarded as period of globalization and trade liberalization. In this period‚ one the crucial issues in development and international economics is to know whether trade openness indeed promotes growth. With globalization‚ two major trends are noticeable: first is the emergence of multinational firms with strong presence in different‚ strategically located markets; and secondly‚ convergence of consumer tastes
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Hindrance to Effective Communication New technology such as smart phones should be a great asset and a powerful aid to helping us work more efficiently. We can respond to urgent emails on the go‚ refer to useful websites and look up quick facts. However‚ these gadgets‚ as well helping us‚ can also prove to be a hindrance providing information overload and constant interruptions. We receive so many emails and are exposed to so much information that it can be hard to distil what
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Economic development has to occur after a period of sustained economic growth. It is therefore the growth in total economic output accompanied by changes in the structure of the economy. There are many barriers to economic development in Ghana. Eight of them are discussed below: First and foremost‚ Ghana like most developing countries is enriched with natural resources or deposits but the human capital is not able to transform them to achieve rapid economic growth and development. For economic
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Development and Social Welfare Programmes in Nigeria****** National Youth Service Corps (NYSC) Historical Background The National Youth Service Corps is a scheme set up by the Nigerian government to involve the country ’s graduate – youth‚ in the development of the country. It is an organization that was established to ensure improved ties among the Nigerian people through her beloved youth‚ following the unfortunate event of the Civil War (July 1967 – 15 January 1970). General Yakubu Gowon’s administration
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ECONOMIC DEVELOPMENT IN INDIA: THE ROLE OF INDIVIDUAL ENTERPRISE (AND ENTREPRENEURIAL SPIRIT) Anil K. Lal* and Ronald W. Clement** The Indian economy provides a revealing contrast between how individuals react under a government-controlled environment and how they respond to a market-based environment. Evidence suggests that recent market reforms that encouraged individual enterprise have led to higher economic growth in that country. India can generate additional economic growth by fostering entrepreneurial
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