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What factors limit the ability of central Asian countries to improve their economics?
Wiki User
∙ 11y ago
Factors that limit development include outdated equipment, lack of cash for investment, poor transportation links, emigration of skilled Russian workers, and a lack of assured markets.
Wiki User
∙ 11y ago
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What is the devlopment of economics?
Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. In other words, abranch of economics that focuses on improving the economies of developing countries. Development economics considers how to promote economic growth in such countries by improving factors like health, education, working conditions, domestic and international policies and market conditions. It examines both macroeconomic and microeconomic factors relating to the structure of a developing economy and how that economy can create effective domestic and international growth. Development economics seeks to determine how poor countries can be transformed into prosperous ones. Strategies for transforming a developing economy tend to be unique, because the social and political background of countries can vary dramatically. Some prominent development economists include Jeffrey Sachs, Hernando de SotoPolar, and Nobel laureates Simon Kuznets, Amartya Sen and Joseph Stiglitz.
What factors limit the credit creating ability of commercial banks?
factors limit the credit creating ability of commercial bank
What is the ceteris paribus clause in economics?
The ceteris paribus clause means, in economics, that other factors will remain unchanged. For example: If you lower the price in a demand curve, quantity demanded will increase but other affecting factors will remain.
Why is economics not a pure science?
Due to all of the factors of supply, demand, and price associated with economics, it is hard to apply the scientific method to economics.
Relationships between microeconomics and macroeconomics?
The main relationship between microeconomics and macroeconomics are that they are both studies of economics and they both deal with economic factors. Microeconomics deals with economics on a small scale and is broken down into smaller, more individual areas. Macroeconomics deals with economics on a larger scale and focuses on economic factors overall.
What are the factors that facilitate the negotiation agreements with foreign governments?
Government policy is one factor that facilitates the negotiation of agreements with foreign governments. Other factors are the cultures of the countries and economics of the countries.
How does global economics affect the spending habit and budgeting practices?
Global economics have an effect on currency value and on inflation within certain countries. Global competition can affect local prices. These factors can effect budgeting practices.
What are the economic factors for the shoes company also cultural and technological factors?
Economics
How are foreign exchange rates configured?
Foreign exchange rates are often based on a central value or currency. The actual rate will be based on the value of the currency in question against this central value. These values fluctuate from day to day depending on various factors in economics and politics.
What is the devlopment of economics?
Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. In other words, abranch of economics that focuses on improving the economies of developing countries. Development economics considers how to promote economic growth in such countries by improving factors like health, education, working conditions, domestic and international policies and market conditions. It examines both macroeconomic and microeconomic factors relating to the structure of a developing economy and how that economy can create effective domestic and international growth. Development economics seeks to determine how poor countries can be transformed into prosperous ones. Strategies for transforming a developing economy tend to be unique, because the social and political background of countries can vary dramatically. Some prominent development economists include Jeffrey Sachs, Hernando de SotoPolar, and Nobel laureates Simon Kuznets, Amartya Sen and Joseph Stiglitz.
What factors limit the credit creating ability of commercial banks?
factors limit the credit creating ability of commercial bank
Factors that affect an individual's ability to learn?
There are many factors that affect an individual's ability to learn including nutrition. The people in the individual's life also affect the ability to learn.
What is the ceteris paribus clause in economics?
The ceteris paribus clause means, in economics, that other factors will remain unchanged. For example: If you lower the price in a demand curve, quantity demanded will increase but other affecting factors will remain.
Why is economics not a pure science?
Due to all of the factors of supply, demand, and price associated with economics, it is hard to apply the scientific method to economics.
What two factors are necessary for a corporation to survive?
The two factors for a corporation to survive are Factors of Production and Market Acceptance. Hope this helps Mrs. Morgans economics class!
What is the description of macroeconomic?
The study of economics from a broad perspective of the resources and factors of production in an economy
Relationships between microeconomics and macroeconomics?
The main relationship between microeconomics and macroeconomics are that they are both studies of economics and they both deal with economic factors. Microeconomics deals with economics on a small scale and is broken down into smaller, more individual areas. Macroeconomics deals with economics on a larger scale and focuses on economic factors overall.
