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INTERNATIONAL DEVELOPMENT ASSOCIATION:
International Development Association (IDA) is an affiliate of the IBRD. It was established in 1960 to provide "soft loans" to economically sound projects which create 'social capital' such as the construction of roads and bridges, slum clearance and urban development. The IDA provides loans for such projects interest-free and for longer periods. Therefore, it is often referred to as the 'soft loan window' of the Bank. Only the poorest of the poor member countries (with per capita income below $895 at 1995 prices) are eligible for assistance.
India has immensely benefited from the IDA. It has received a series of loans, almost continuously. Most of the assistance has gone to the high development priority projects which could not get finance from other sources.
Production: - Firms should choose how much of each to produce. - The alternative quantities can be illustrated by using product transformation curves. Product Transforma
TC = 1q^3 - 40q^2 + 840q + 1800 Price= $750
inflation and policies that are used to combat it
The compact disk player has literally revolutionized the recording industry with its state-of-the-artclarity, sound, durability, and the fact that it costs less than cassette tape
Player 2 C B A 1,2 3,2 B 2,3 a, b Player 1
different types of production funtion and curve given by different economist
Think of the Golden Ball game. Now player 1 is money-minded and jealous, and player 2 is very good-hearted, so the payoff matrix is follows: Playe
Trade union can also pay a useful role in improving the wages of the workers without causing adverse effects on employment. This case which is intensely associated with the idea of
Outline four limitation of game theory?
Production with Two Variable Inputs * There is relationship between productivity and production. * Long run production K& L are variable. * Isoquants analyze and compa
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