The True Nature of the Private Sector in Nigeria

The True Nature of the Private Sector in Nigeria – By Ikechukwu A. Ogu.

Generally, every free market economy is divided into two sectors, the public sector and the private sector. The former is “the portion of a nation’s affairs, especially economic affairs, that is controlled by government agencies”, while the latter is “the part … that is made up of companies and organizations that are not owned or controlled by the government.” Despite this distinction, instances exist where the state invests in private sector concerns and becomes part-owner thereof, in addition to floating new companies or commercializing existing ones to compete with private sector organizations in economic activities.

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Effect of Import Liberalization on Industrial Productivity

There are reasons to expect a favorable effect of import liberalization on industrial productivity. This is expected to occur through several channels: (a) Import liberalization will provide to industrial firms greater and cheaper access to imported capital goods and intermediate goods (embodying advanced technology), which will enable the firms improve their productivity performance; (b) Greater availability of imported intermediate goods will enable the firms to exploit better the productivity enhancing potential of

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Immigration: America’s need

Immigration has been a key issue in the United States for several decades. Every year millions of people, mainly from Mexico and Central America, migrate north towards the United States searching for higher wages. The United States benefits greatly from the presence of these immigrants, but unfortunately some connotations of their presence, including the reality of the monetary hindrance that they have on US social services because of their relatively low and usually unreported salaries. A fighting attitude is shared by millions of legal and illegal immigrants, and it is now becoming clearer that there is a need for a new policy, one which involves reasoned compromise on both sides, yet one that unquestionably begins to allow amnesty and intelligent pathways to citizenship. Given the current circumstances surrounding immigration, there is no question that a compromise should soon be reached, and if both sides are fair enormous benefits for each will result.

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The Economics of Ketchup

Ketchup is the most widely used condiment in the United States. It can be found in 97% of all kitchens, a showing matched only by salt and pepper according to Gidman (2010). Ketchup has been popular in the United States for nearly 200 years and today is consumed by 93% of the population. According the NPD Group, a market research firm, 56% of ketchup is consumed on three main foods: Hamburgers, hot dogs, and French fries which remain the most eaten foods for kids and adults, according to a Survey of National eating Trends (2010).

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Did Monetary Policy End the Great Depression

“Monetary rather than fiscal policy ended the great depression in the USA” – Is this statement true? Was going off the Gold Stan

The Great Depression initiated in 1929 with the “Black Tuesday” in October initiated a decade of under full employment production that only saw full recovery with the emergence of the Second World War. Particularly in the US, since many European countries saw an earlier recovery, whilst the US only saw the beginning of this process with the election of Roosevelt in 1933 and a change in policy that included the implementation of the New Deal.

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New Zealand and hoe it may prosper.

In considering the proposition that national economic prosperity is directly linked to public sector R&D investment, two separate issues must be addressed. Firstly, is investment in R&D a material driver of national prosperity, and secondly, is prosperity best served by R&D investment being publically or privately funded? This paper will discuss both these issues, and will argue that while it is imperative investment in R&D in New Zealand is growing; increased investment by the NZ government is important, but not necessarily imperative.

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