A principal casualty was fixed investment spending, which declined from an average of 24 percent of Gross Domestic Product (GDP) in the 1960s to recent levels of under 15 percent. ... However, a more serious development was the withdrawal of foreign credit lines during the course of 1985. ... However, the success of the April 1994 elections and the subsequent establishment of the government of national unity (GNU) have removed important obstacles to growth, restoring legitimacy to the governing process and creating a more conducive environment for both domestic as well as foreign investmen...

• Word Count: 6046
• Approx Pages: 24
• Grade Level: Undergraduate

The country even experienced a food shortage so that it had to heavily rely on the foreign aid. ... However, this government's promotion of heavy industries for large-scale economies led to under-investment in light manufacturing industries causing productive gap between small and large firms. ... There was no source for savings and investment to finance economic growth domestically, so it depended heavily on foreign capital which inflow in a form of mostly aid and loan in the early stage of economic growth. ... Furthermore, it can increase capital formation in the country if it effects a redi...

• Word Count: 2573
• Approx Pages: 10
• Grade Level: Undergraduate

The classic instrument for restraining trade is to impose taxes on imported goods (called tariffs) so that foreign products are artificially expensive and can't compete with domestic goods. ... Similarly there exist restrictions on foreign investment or the movement of capital. ... From a political perspective, foreign competition can bankrupt domestic businesses (which may benefit consumers with better value, more efficient goods, but disadvantages domestic companies whose employees face redund...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

Reforms and the right set of investments to enhance competitiveness will be crucial for the economic transformations that can lead to sustained higher growth over the longer term. ... The productivity level also determines the rates of return obtained by investments in an economy, which in turn are the fundamental drivers of its growth rates. ... Although the productivity of a country determines its ability to sustain a high level of income, it is also one of the central determinants of its returns on investment, which is one of the key factors explaining an economy's growth potential. ... Und...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate

Forcing states to reduce investment in basic provision Non-western states have been told to reduce intervention in their economy, as this would allow the emergence of a free market economy and in addition release funds that would allow the servicing of debt. ...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

Agriculture brings in over 6% of foreign exchange earnings and provides raw materials for Kenya's agro-industries, which account for about 70% of all its industrial production. ... Kenya is only able to supply about 70% of its demand for wheat; an increasing demand for bread, especially in urban areas, has put strain on the country's economy since the cultivation of wheat has an 80% foreign exchange content compared with 50% for maize. ... To attract foreign investment, the government enacted the Foreign Investment Protection Act (FIPA) in 1964, which guarantees the investor the right to trans...

• Word Count: 2727
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

B/ They underestimated the growing importance of science, investing little in laboratories and technical personnel for research or for the effective exploitation of foreign research. ... The demand grew more slowly than in Germany but an increase of 3.4% per annum (1890-1913) was large enough to warrant new investment in the industry. ...

• Word Count: 3250
• Approx Pages: 13
• Grade Level: Undergraduate

These burdens included unemployment, fiscal deficits, declining foreign exchange and the widening external deficit between the late 1980s and early 1990s. ... Government debt and deficit were skyrocketing, investments were stagnant and, undeterred by emigration, and unemployment was on the rise (Government of Ireland, 1987). ...

• Word Count: 5360
• Approx Pages: 21
• Has Bibliography
• Grade Level: Undergraduate

Research Purpose This research project is the assessment of shadow economy (SE) in an urban public passenger vehicle transport (UPPVT) of Yerevan and development of measures on its reduction. For realization of this task, the following hypotheses are carried out: • Economic basis of SE emergence in UPPVT; • Formation sources of a shadow circulation in UPPVT; • Economic assessment of a shadow circulation in UPPVT; • Methodology of SE research in UPPVT; • Development of organizational, normative and legislative measures on reduction and further liquidation of shad...

• Word Count: 3271
• Approx Pages: 13
• Has Bibliography

Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and poli...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate