This may be true for most of the countries whose gross domestic product makes them attain the status of developed societies, but in case of low-level income nations it is not entirely possible for the respective governments to pursue totally home grown policies. ... As the people change their life styles due to the shifts in the economic trends the social relations existent in the society undergo a massive change. ... These purely economic disturbances resulting due to the structural faults in the mechanism of the utilization of foreign assistance coupled with the hap hazarad development in th...
Introduction According to The New Encyclopaedia Britannica (1990) the purpose of accounting is to provide information about the economic affairs of an organisation. ... Interested and responsible parties must have access to the information necessary for assessing the economic status and performance of the organisation. ... The "efforts" and "accomplishments" of certain time periods were matched and thus making the financial status of different entities and the financial accomplishments of different years comparable. ... According to this definition made in 1961 it is the responsibilit...
Role of Banking in Economic Development Economic Development Economic development is conceived as a multidimensional process involving major changes in social structures, popular attitudes, and national institutions as well as acceleration in economic growth, the reduction of inequality and eradication of poverty. ... Pakistan's Economic Performance The economic and social outcomes in Pakistan over the last fifty years have turned out to be a mixture of paradoxes. ... As external environment has been favorable for Pakistan, the economic performance can be explained largely i...
These authoritarian reforms are inter-linked with neo-liberal economic reforms in the same period and the outcome was to set Sri Lanka on a path of "socio-political decay". ... The economic damage was estimated to be $1 billion. ... The current government takes pride in proclaiming that Sri Lanka has graduated from low-income to low-middle income status, which it estimated to be $2,836 in 2011. ... Inequality in income between rich and poor has broadly widened over the period of economic liberalization. ... Between the years of 1978 and 1984, the economic growth rate had doubled to a...
Religion and religiosity gave people, especially those of the ancient world, a code to live by which was universal; irrespective of a person's socio-economic class, status, or cultural heritage. ... And leading a better life is a direct pathway to success; especially economic success. ... Davies, Emeritus Professor of Archaeology, Classics, and Egyptology at the University of Liverpool, focuses on several economic factors of ancient Greek micro-states. ... Thus, Davies' ultimate hypothesis on the subject as a whole is such that, the radical ideological changes in peoples' attitu...
Social partnership is usually concerned with areas of economic and social policy and might be based on a binding agreement or declaration of intent. ... Concerns of the implementation of the SAP were later halted by the government over the potential social and economic impacts it would have. ... In 1987, the first of five successive partnership agreements was negotiated when Ireland was faced with a serious economic crisis. ... In 1986, Ireland faced a recession and was in a state of economic disintegration, with severe macroeconomic conditions. ... Social partnership became the backbone of I...