CHAPTER TWO LITERATURE REVIEW 2.0 Introduction Over the past decades, the urge to increase foreign aid’s effectiveness has motivated numerous empirical studies to identify why aid programmes succeeds or fails. These studies underpinned the donor community’s attempt in the late 1990s to reform aid delivery, shifting from predominantly stand-alone projects and conditionality- led stand- structural adjustment programs toward partnerships and mutual accountability (World Bank, 1998). Besides research
liberalization policies and opened their doors to foreign banks. Many restrictions on entries of foreign financial institution have been removed due to globalization. The penetration of foreign banks keeps on increasing gradually since early 1990. For example the average share of total assets held by foreign bank in Latin America and Asia increased from 26% in 1997 to reach a peak of 38% in 2002. (Nam Jeon, Maria Pia and Ji Wu, 2011). The increasing presence of foreign banks has raised issues about the consequences
ANSWER 2 According to me, the most important section of my report is the study of the best practices implemented by each BRICS nations which have led to remarkable achievements of the socio-economic fronts. Such practices and institutions have relevance within the BRICS bloc for enhancing cooperation and creating synergies, so that the BRICS collectively could grow faster. This forms an important part of the report as it draws lessons for social upliftment, poverty reduction, financial sector stability
AND FOREIGN DIRECT INVESTMENT IN NIGERIA Nigeria has a great potential for attracting foreign investment. It has a large market, represented by a large vital population and it is richly endowed with natural resources mineral deposits especially oil and gas, vegetation, arable agricultural land etc. she also has cheap labor force. Available statistics show that the country has not benefited much from foreign investment flows. The central bank data shows that while net foreign direct investment flows
BACKGROUND OF STUDY Nigeria, the most populous black nation in western Africa is popularly known for her dominant source of revenue, crude oil with oil revenue as the main stay of the Nigerian economy, volatility in the price of oil are to a large extent of prime interest to economist. According to Adeniyi et al (2004), exchange rate appreciate in response to rising oil prices and depreciates in response to falling oil prices in oil producing exporting countries while the reverse is the case in oil importing
BACKGROUND OF STUDY Nigeria, the most populous black nation in western Africa is popularly known for her dominant source of revenue, crude oil with oil revenue as the main stay of the Nigerian economy, volatility in the price of oil are to a large extent of prime interest to economist. According to Adeniyi et al (2004), exchange rate appreciate in response to rising oil prices and depreciates in response to falling oil prices in oil producing exporting countries while the reverse is the case in oil importing
immediate financial loss, investment loss and negative impact on the marketing.
valued internationally. Around one euro in four is earned from exports and more than every fifth job depends directly or indirectly on foreign trade. (Peter Hintereder and Martin Orth – 2013). Germany is one of the most competitive economies because of the globalization! The global earnings of corporate Germany have soared over the past half-decade, generating investment, creating employment and boosting the income of millions of German
point where modern environmental movements started. Since that time the US government has been spending tremendous amount of sources in order to reduce environmental damages created by industrial and commercial activities. Along with that a lot of studies have been made over the question whether environmental regulations have impact on the competitiveness of the domestic industry. Economist and business people usually perceive the idea that environmental regulations increase costs and slow down productivity
Production bases across different countries • Diverse human resource • Investment in international services like advertising, banking, retailing, tourism, construction etc. • Transactions involving intellectual properties such as copyrights, patents, trademarks and process technology International business is