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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.
Explain three major barriers to development experienced by developing countries. Well, the scope of possible answers here is, em, wide, to say the least. The issue is not to si
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Suppose that the short-run world demand and supply elasticities for crude oil are -0.076 and 0.088, respectively. The current price per barrel is $30 and the short -run equilibrium
When somebody wearing muddy shoes rides a public bus, he imposes a negative externality on other riders (passengers get some mud rubbed off on them, and the shoes look ugly). If a
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If a person literally had “nothing else to do,” (a) What would be the opportunity cost of doing this homework?
What is the difference between 'scarcity' and 'shortage'? 'Scarcity' and 'shortage' have dissimilar definitions. In reality, when most of the goods and resources are scarce go
Deviation in graph
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