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Bloomington Economic Development Project
Bloomington Economic Development Project
Project Objective
The Bloomington community is based on the large number of individuals where inadequate infrastructural development is prevailing. The people of community have decided to start a project through which various improvements would be made in the community processes. The main objective of ...
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ABSOLUTE AND RELATIVE POVERTY
Absolute and Relative Poverty
Absolute and Relative Poverty
Poverty Measures
There is disagreement on how best to measure poverty. The first distinction exists between absolute and relative measures. Absolute measures identify a minimum level of income or consumption below which individuals or households are considered poor. For example, the ...
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Unemployment: Keynesian and Monetarist Points of View
Unemployment: Keynesian and Monetarist Points of View
Introduction
Macroeconomics as a distinct field within economics emerged in the late 1930s as a response to John Maynard Keynes's General Theory of Employment, Interest and Money (1936/1973, referred to subsequently as GT). Keynes contrasted his views on ...
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Environmental Issues
Environmental Scarcity
Homer-Dixon defines environmental scarcity as “scarcity of renewable resources such as cropland, forests, river water, and fish stocks” (p. 8). There are three types of environmental stress or scarcity. Supply scarcity results when an existing resource is depleted, such as when deforestation reduces the availability of lumber for ...
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STRATEGIC INDUSTRIES
The Strategic Industries and Government Policies
The Strategic Industries and Government Policies
Strategic Industries - A Historical Perspective
After the end of world war, some industries were seen as having high strategic importance. The Government implemented 1921 safeguard of Industries Act to protect the strategic industries from foreign competition. The main focus ...
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CHAPTER SECTION
Inter-temporal prices and interest rates
Inter-temporal prices and interest rates
Taylor Rules
In 1993, John B. Taylor proposed a theory for the monetary authorities to apply a policy rule that would help to stabilize real output around a target and control inflation. Their policy rule is based on a nominal interest rate, ...
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NICKLE AND DIMED
Nickle and Dimed
Nickle and Dimed
Introduction
In her introduction, Ehrenreich shows that she has a clear sense of what her experiment can and cannot establish convincingly. She is aware of the ways in which she is not typical, aware of the advantages she brings to her new life: ...
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International Monetary Fund
International Monetary Fund
Introduction
The International Monetary Fund (IMF) is a treaty-based, voluntary association of countries based on their real or potential impacts on the world's economy. It currently controls assets amounting to US$215 billion and has 182 member countries. Unlike the World Bank, the other “pillar” of the ...
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IMF
Time to Reform/Abolish the IMF?
Time to Reform/Abolish the IMF?
Outline
Introduction
Discussion
The IMF's Structure
Common Criticism of IMF
Time to reform/abolish the IMF?
The Debate Surrounding IMF Crisis Lending
IMF and World Economic Crisis
Conclusion
Introduction
The International Monetary Fund (IMF) is an agency of the United Nations. The IMF was established by treaty in 1945 to help promote the ...
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MONEY SUPPLY
Money Supply
Money Supply
Introduction
The autonomy of the Fed Reserve is essential if we are to maintain economic stability the country has been achieving, based on much cost and sacrifice, after the crisis generated during the government of America. At that time, he happily financed fiscal imbalances, citing the ...