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ASIAN DEVELOPMENT BANK;
In addition to the World Bank family, there are three other international lending agencies operating only in specific geographical area, but run on lines similar to the World Bank. These are: (i) The Inter-American Development Bank, founded in 1959, (ii) The Asian Development Bank, founded in 1964, and (iii) The African Development Bank, founded in 1966. Each borrows on world capital markets and lends mostly on near-commercial terms. ADB is a development bank under the aegis of ESCAP (Economic and Social Commission for Asia and Pacific). Its membership consists of countries from Asian region as well as from other regions.
Market failures (even when they do not have international external effects) i) Self-fulfilling bank runs, government debt runs, currency crises. ii) Liquidation costs of li
The minimum wage was increased in 1996 amid cries by various economists that it would cause unemployment. Critics shown that the last time the minimum wage went up the si
Problem 1: i) ‘There is a trade-off between inflation and unemployment.' Do you agree with this statement? Justify your example using appropriate diagrams. ii) Mauritius is
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
Economics and Ethics : Morality and ethics are powerful motivations to behavior. Thouh, economists suppose that rationality is a function of demonstrable self-interest. That mean
Uses of Balance of payments account: It removes the uncertainty associated with the flexible exchange rate regime and brings stability. It also indirectly imposes some anti inf
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Part 1 - Select a construction-based business of your choice and explain stakeholder theory to illustrate the primary interests of the stakeholder groups and identify any areas o
explanation of sources of finance to business enterprises in Nigeria
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