“Despite these and other similarities, however, the Bank and the IMF remain distinct. The fundamental difference is this: the Bank is primarily adevelopmentinstitution; the IMF is acooperativeinstitution that seeks to maintain an orderly system of payments and receipts between nations. Each has a ...
What are the main sources of income of the Indian Government? What is the "comparative advantage" in the Indian economy? What is the current status of government securities? Evaluate and explain. What is the role of PSUs in the Indian economy? Which tier 2 cities in India are poised to ...
Economy refers to the level of acquiring wealth, a region or country has attained for a specific period. Different states have different measures of the economy because their governments use different policies when allocating the available resources for revenue maximization. The e...
The global centre of trade and finance is shifting away from the US and Europe and towards China and the east. Discover the rising markets promising lucrative trading opportunities for ambitious businesses.
In Nigeria, for example, crude oil is the biggest contributor to GDP and the country’s biggest export. “If you stop investing in crude oil production in Nigeria, how do the people survive?” Sampson asked. Renewable energy resources are abundant — but need time to develop. “We have su...
The “traditional view” on the historical decline of child labour has emphasised the role of the approval of effective child labour (minimum wor
likely be concentrated in 11 key markets: Cameroon, Côte d’Ivoire, Egypt, Ghana, Kenya, Morocco,Nigeria, Senegal, South Africa (home to the continent’s most mature banking system), Tanzania, and Uganda. Together, these markets account for 70 percent of Africa’s GDP and half its ...
Nigeria,the first African country to roll out a CBDC, launched eNaira in October 2021. Sub-Saharan Africa is poised to adopt CBDCs. The widespread use of M-PESA, a mobile money transfer service, has established a strong social and financial infrastructurefor the potential future use of CBDCs...
Nigeria’s current SEZ framework dates back 32 years and is centred on export-oriented manufacturing activities. However, the national economy is shifting and technology and services-based sectors are becoming its drivers of growth. The country is well-positioned to become an African, if not global...
Birth defects are the leading cause of mortality in newborn babies and children under five years old. In response, the Chinese government has implemented a three-tiered prevention strategy, which has brought ethical concerns about fetuses with birth defe