...The Dreaming The Dreaming is a term penned by famous anthropologist W.H. Stanner in 1956. (Fryer-Smith, 2002) It defines the conception of mystical spirits of the universe and encompasses everything within. This concept allows for explanations about the ‘Ancestral Beings’ and their travels, creating everything we see today. (Fryer-Smith, 2002) In customary principles, these ‘Ancestral Beings’ hold the power to arbitrate and guide the Aboriginal people’s lives. Indigenous Australians are the oldest inhabitants of the land with the most extensive practise of religion and customs, what we know as the Dreaming. (Edwards, 1998) The role and function of the Dreaming is to teach the Aboriginal people about the norms and mores of the sacred laws. Also known as customary law, these guidelines are an integral part of the Aboriginal culture as it maintains societal normalities. (ALRC, 1986) The Dreaming is a philosophy that binds every aspect of life together, it assists in knowing the past, present and future, and how to make conscious decisions to ensure the world continues triumphantly. According to Korff (2015) white man cannot comprehend the depth of the Dreaming, as it is more an analogy for providing identity and spiritualism to individuals. The diversity within the various communities explains how in-depth the spirituality is and how important this religion is to each Aboriginal person. Each tribe has their own definition and reason behind the Dreaming. The Ngarinyan kin...
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...Connected Bangladesh: Socio-economic Impact of Internet in Bangladesh Economy,” was released with a press conference organized on the sidelines on the last day of the on-going GSMA Conference on Thursday, 21 January 2010. According to the findings of the report, “with the appropriate initiatives and policy frameworks in place, analysis suggest 18.3 million Internet subscribers in Bangladesh by 2020, equaling approximately 10 subscribers per 100 inhabitants.” These figures translate to a household internet penetration level of 32%, and business adoption of around 66%. Internet penetration has become a major indicator of social/economic development as countries are using Internet to participate in the international economy and to exploit emerging technologies for the betterment of citizens’ life, modernizing both institutions and markets. The internet study was conducted by the Boston Consulting Group (BCG) on behalf of the Telenor Group, the majority shareholder of Bangladesh mobile operator Grameenphone. The BCG report was part of an in-depth research into the adoption rate of Internet and its impact in the emerging economies with special focus on Bangladesh, Thailand and Serbia. Currently about 5 million people in Bangladesh use Internet services offered by both mobile and fixed Internet service providers. Only around 4% of the total population is now connected to Internet – fairly lower than what we see around the neighboring countries. According to a report published by the...
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...Market Feasibility Report. Australian Wild Tuna, in the Thai market. Table of Contents Introductions4 Executive summary4 Introduction4 Sam’s Australian Wild Tuna Pty Ltd4 Internationalizing a Product1 Advantages5 Disadvantages6 Economic Environment6 Socio-Cultural Environment7 Social Prestige7 Daily Life8 Buddhism8 Swot Analyses9 Strengths9 Weaknesses10 Opportunities10 Threats10 Market Feasibility11 References11 Market Feasibility Report Executive Summary The following report analyses the market feasibility of the developing country of Thailand for Australian Wild Southern Blue Fin Tuna, for an organisation named Sam’s ‘Australian Wild Tuna Pty Ltd’. Global economic integration is battled by disadvantages such as risking large dedications of resources are discussed for internationalisation of a product in general. As the economy is seen to be growing but a great fallen yield in the Thai fishery market, the window of opportunity to infiltrate such a successful market in the world is crucial yet to do this the correct social prestige in the way business should be conducted, how the product impacts daily life and the Buddhist culture amongst the Thai is explored for essential prior-knowledge. Major Strengths and opportunities are found to outweigh weaknesses and threats in order for a concluding that the market is feasible for Australian Wild Tuna if applying the correct knowledge and accommodating for the different economy and socio-cultural environments...
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...GLOBAL PROSPECTS AND THEIR LIKELY IMPACT ON SOUTH AFRICA INDEX: Table of Contents Global prospects and their likely impact on South Africa 1 INDEX: 1 Strength of the Recovery 2 Developed Countries: 2 Emerging Markets: 2 Risks to the Global Economy 3 Exit Strategy from Policy Stimulus 4 Repair and reform of the financial sector 4 Fiscal Crises and underinvestment in Infrastructure 4 Socio and Political Implications of Unemployment and Private Demand 5 Asset Price Collapse and the risk appetite of investors 5 Return to Previous Growth Path or Not 5 Will the current crises be “DÉJÀ VU ‘” for the world wide economy? 6 Fundamental Changes in Origins & Nature of Economic Activity 6 Global warming / Climate Change: 7 Population Growth: 7 Power shift to the east: 7 Innovation: 7 Economic Activity: 7 Impact of Global Crisis on South Africa’s Growth Outlook 8 Conclusion 8 BIBLIOGRAPHY: 10 STRENGTH OF THE RECOVERY All of the world’s high-income countries returned to positive real GDP growth during the fourth quarter of 2009 and the Economist Intelligence Unit’s forecasts for 2010 indicate a return to marginally below the growth trajectory that was achieved prior to the recession. Developed Countries: UNITED STATES Economic recovery in the US has been remarkably strong, with fourth quarter real GDP growth of almost 6% suggesting the presence of a “V”-shaped trend. Further, news emanating from recently published official data includes a recovery of private...
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...purpose is to analyse a specific given country (South Korea), economic, socio-cultural and legal and political environment. Economic environment Past four decade South Korea showed an impressive growth as well as global integration to become a high tech industrialized economy. In past in 1960s, the Gross Domestic Product (GDP) per capita was compared to the poor countries (Africa and some parts of Asia), by 2004, it joined the trillion dollar club of world’s economies and currently in the top twenty largest economies (Globserver Asia, 2013). They achieved this by placing the system of close government and business ties, also including directed credit and import restrictions (Central Intelligence Agency, 2013). In 2012 due to the market slowdowns in United States, Eurozone and China, the economy has experienced slow growth. Though it is the 8th largest exporter in the world ($548.2 billion) which decreased 0.21% from prior year. The export goods are semiconductors, wireless communications equipment, motor vehicles, computers, steels, ships and petrochemicals (Central Intelligence Agency, 2013). In 2012 the country’s GDP was $1.622 trillion which ranks 13 on the world scale which increased 2.7% from previous year, and a GDP capita in US dollars was $32,400. The real GDP growth rate was 2.7%. The unemployment rate was 3.8% and the inflation rate was 2.2% (Central Intelligence Agency, 2013). Socio-cultural environment Main language spoken and written in South Korea is...
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...SUMMARY The discourse of Entrepreneurship within Middle East Countries is a primary field of interest that has received the attention of many authors and academic experts during recent times. The existing Body of Law on a comprehensive basis has adequately analyzed the way in which the scientific and economical advancements, have taken place in the Middle East area. In this point of view, late proofs have broadly confirm how despite the fact that Saudi Arabia is now considered as a growing economy which is trying to diversify its exports, mainly based on oil and natural gas, by framing and revising its legal and regulatory environment in order to foster entrepreneurship activities and the private sector interest. It leads to growing concern about the role of women in the economic environment, with legal and ethical consideration of the women’s role in the existing socio-cultural make-up of the country. The way in which countries like Saudi Arabia, have developed a domestic organized economy that is based on entrepreneurship is a hypothesis that has been widely tested and cited within the existing body of Literature. Although many academic experts believe that Middle East countries still retain a promising potential for growth (Shachmurove, 2004), major obstacles in terms of detrimental factors such as corruption, unclear regulations and reliance on oil have also recognized. Women are therefore believed to play a primary role in the entrepreneurial future of the region. In order...
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...Rupee Depreciation and Impact on the Economy (Dr. Nikhil Saket, Senior Assistant Secretary, ICAI, New Delhi) Introduction Depreciation refers to a fall in the value of the domestic currency which is caused by the demand for foreign currency exceeding its supply in the market. In such a situation one has to pay more than before to get units of foreign currency. This fall takes place in the market and on its own. Market determined exchange rate serves the purpose of aligning the domestic economy with the world economy was the price route. As consequences the domestic price gets linked up with those of the world price. With the liberalizations and globalization of the economy in recent years, imports are bound to increase. The lessening of restrictions on imports and lowering of tariff on imports which the economic reform implies, an increase in imports has in fact taken place. Again with trade having become an important element of the new strategy of growth. India got freedom from British rule on Aug 15, 1947. At that time the Indian rupee was linked to the British pound and its value was at par with the American dollar. There was no foreign borrowing on India's balance sheet. To finance welfare and development activities, especially with the introduction of the Five-Year Plan in 1951, the government started external borrowings. This required the devaluation of the rupee.- After independence, Indian choose to adopt a fixed rate currency regime. The rupee was pegged at 4.79 against...
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...government entrusted different socio-economic schemes as well as money market activities of its own volition, covering all spheres of the economy. Sonali Bank singularly enjoys the prestige of being the agent of the Central Bank of Bangladesh in such places where the guardian of the money market has chosen not to act by itself.Sonali Bank is governed by a Board of Directors consisting of 7(seven) members headed by a Chairman, who is a renowned economist and a former Vice Chancellor of a reputed University. The other members are distinguished representatives from both private and public sectors.The Bank is headed by the Managing Director (Chief Executive), who is a well-known Banker and a reputed professional. The head office of the bank along with its corporate structure is located at Motijheel, Dhaka, the main commercial center of the capital Introduction: After the end of Second World-war in fact to say the world is involved in another war called the trade war of achieving superiority over other countries through implementing the strategies of free market economy. The conference of GATT (General Agreement on Tariffs and Trade) to W.T.O. (World Trade Organization) with adopting new policies, the emergence of various region oriented economic organizations like NAFTA, SAFTA, ASEAN, APEC, G-8 etc. indicates that the 21st century will be the century of economic and business challenge. Commercial Banks are one of the key contributors to the Bangladesh economy. The process of...
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...framework, the company Destination NSW can be critically evaluated and the aspects of the Marco environment affecting the business described. These aspects include political, economic, social/cultural and technological factors. During this report, there will be a focus on economic and political aspects as they are most relatable in the tourism industry. Destination NSW is a state agency set up by the Australian Government to promote tourism in Sydney and regional NSW. With a plan to double visitor expenditure by 2020 and build the biggest events calendar in Australia – Destination NSW is at the forefront of the tourism sector in Australia. It has a large government funding backing and a vision to be successful. Destination NSW supports the Australian economy at large purely by the huge amount of revenue it generates from NSW every year. ‘Visitor Economy’ is the term used to describe the businesses and communities that benefit from the economic activity generated by visitors. In June 2014, 29.7 million visitors were welcomed into New South Wales, which is more than any other Australian state or territory. The visitor economy contributes $28.1 billion to the State’s economy and supports 158,000 direct jobs (Destination NSW Annual Report, 2013/2014). One macro environmental economic factor that will have a negative influence on Destination NSW is that tourism is not essential or a necessary. In fact it is for leisure and businesses that sell leisure or luxury products such...
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...“Integrity: Panacea for Socio-Economic and Political Challenges in Nigeria” Nigeria is a nation blessed with vast human and mineral resources. Ironically, her economy is struggling to leverage the country’s vast wealth to displace the economic and political challenges that affects its population.1 Beyond the recent impressive financial projections, a good number of Nigerians still live on less than $1.00 (One dollar) a day, which is about N160.00 (One Hundred and Sixty Naira), and more Nigerians have resorted to a life of crime with some becoming ready tools in the hands of some politicians. Poverty reduction and job creation, as promised by our political leaders, have not kept pace with population growth, implying social distress for an increasing number of Nigerians. Integrity and moral values have been jettisoned to few people, who have little or no impact in the system of government and corruption has been embraced as a tool of inordinate wealth accumulation. Social vices are committed with high level of impunity and the epidemic of the ‘get rich at all cost syndrome’ has infiltrated all age levels in our society, most especially the youths; future leaders of tomorrow. Undermining, “As a partridge that broods but does not hatch, so is he who gets riches, but not by right; it will leave him in the midst of his days, and at the end he will be a fool” (Jeremiah 17:11 NKJV). In ascribing reasons for these socio-economic imbalance and political instabilities in Nigeria...
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...Executive Summary Globally, the aquaculture segment continues to be the fastest growing food-fish producing segment and for India, the second largest food-fish producing country, it was forecasted that the segment would grow at an average annual growth rate of approximately 7.0% to reach a total production target of 8-10 million tons by 2020. Currently no commercial fish vaccines are available in India; therefore, the macro-environmental factors with respect to the competitive, political, economic, socio-cultural, technological, and legal landscapes, which influence a potential entrant’s strategic business decisions to set up a fish vaccines company, are evaluated. We basically concentrated in this Food Fish because in the last report of Nature Magazine they made a research paper where they said that about 250 types of fishes are vanished due to environment and food pollution. There was limitations of time but we tried our best. Basically in this report we describe about how can food fish can do business in India. This is the opportunity for the new entrepreneur like us. Introduction The target country of this research is India, which is the world’s second largest food-fish producing country (Brugère & Ridler, 2004). In India the inland aquaculture production has increased substantially from 1.55 million tons in 2000 to 3.72 million tons in 2010 (FAO-Statistics, 2010) and is forecasted to reach between 8-10 million tons by 2020 (Paroda & Praduman...
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...The impact of early education as a strategy in countering socio-economic disadvantage Research paper for Ofsted’s ‘Access and achievement in education 2013 review’ Professor Chris Pascal and Professor Tony Bertram UK Research Team: Sean Delaney, Selma Manjee, Marjory Perkins and Manja Plehn International Research Team: Alice Bennett, Carol Nelson, Sarina Razzak and Maureen Saunders Centre for Research in Early Childhood (CREC) © Centre for Research in Early Childhood (CREC) 2013 The views expressed in this report are the authors’ and do not necessarily reflect those of Ofsted. Any enquiries regarding this publication should be sent to Elizabeth Boulton at publishing@ofsted.gov.uk or Aviation House, 125 Kingsway, London WC2 6SE This publication is available at www.ofsted.gov.uk/accessandachievement. No. 130155-RR-005 In June 2012, Sir Michael Wilshaw, HMCI, stated his determination to address the issue of narrowing the gap of educational achievement between disadvantaged pupils and others. To support this intention, The Centre for Research in Early Childhood has been commissioned by OfSTED to conduct a review looking at the impact of Early Childhood Education (ECE) initiatives to combat social and economic disadvantage, both in the UK and internationally. This paper: Examines the impact of nati...
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... Business School Academic Year 2015/16 Autumn Semester INTERNATIONAL BUSINESS ENVIRONMENT Lianxi Zhou EBay: China and India External Business Macro Environment Entry Report Group 2 Hugo John MASON; ID: 6513963 Boon Long Tan; ID: 6512494 Sung Jun PARK; ID: 6508247 Yasong ZHAO; ID: 6511938 Word Count: 3000 Table of Contents Introduction 2 China 3 Political Environment 3 Political and Legal System 3 Five Year Plan 3 One Belt, One Road 4 Risk 4 Economic Environment 5 Market Size 5 Currency 5 FDI 6 Socio-Cultural Environment 8 Guanxi 8 Hofstede’s Model of National Culture 9 China Recommendation 11 India 12 Political Environment 12 Political and Legal System 12 Opportunity 13 Risk 13 Economic Environment 14 Market Size 14 Currency 14 FDI 15 Regional Trade Blocs 16 Risk 16 Socio-Cultural Environment 17 Socio-Demographic 17 Trust and Uncertainty Avoidance 17 Human Resources 18 India Recommendation 19 Reference 20 Appendix 25 Introduction In recent decades a global shift has arisen and revolutionized the way businesses operate as we move into a more integrated and interdependent global economy. Known as Globalization, the e-commerce industry has been the crux of such a radical metamorphoses of nations. National economies are no longer self-contained and independent. China, having one of the fastest growing e-commerce markets at 22.6% (iResearch, 2014) has entered the spotlight. Whilst on the...
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...COUNSELLING FOR SOCIAL ADJUSTMENT: A PANACEA FOR SOCIO-POLITICAL INSTABILITY AND ETHNIC/RELIGIOUS CRISES IN NIGERIA BY: IRABOR PETER ODION 07037830536 DEPARTMENT OF SOCIAL STUDIES, COLLEGE OF EDUCATION, IGUEBEN, EDO STATE BEING A PAPER PRESENTED AT THE COUNSELLING ASSOCIATION OF NIGERIA (CASSON) HELD AT SCHOOL HALL, NATIONAL GRAMMAR SCHOOL, NIKE ENUGU, ENUGU STATE FROM 16TH TO 17TH OF APRIL, 2012 ABSTRACT Counselling-which that provides direction or advice as to a decision or course of action is inevitable in any organisation, institutions or society. More importantly, the roles of counselling in a country like Nigeria made up of diverse ethnic groups and often confronted with socio-political menace that threatens her existence cannot be over emphasized. This study therefore investigates the roles and important of counselling towards the sustainability of Nigeria socio-political development and ethnic/religious unity. Finally, the study examined and recommended how Nigeria can equally experience stable socio-political and ethnic/religious unity with the counsellors playing divergence role in the society. INTRODUCTION Nigeria is a country of extraordinary diversity and as such has extraordinary complexities (Irabor, 2011). Indeed, Nigeria adventure into pluralism of religions and ethnic diversities owns its origin to colonial conquest which permeated the entire continent of Africa beginning from the early 19th...
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...tandfonline.com/loi/rbec20 Explaining and tackling the shadow economy in Estonia, Latvia and Lithuania: a tax morale approach Colin C. Williams & Ioana A. Horodnic To cite this article: Colin C. Williams & Ioana A. Horodnic (2015) Explaining and tackling the shadow economy in Estonia, Latvia and Lithuania: a tax morale approach, Baltic Journal of Economics, 15:2, 81-98, DOI: 10.1080/1406099X.2015.1114714 To link to this article: http://dx.doi.org/10.1080/1406099X.2015.1114714 © 2015 The author(s). Published by Routledge Published online: 12 Nov 2015. Submit your article to this journal Article views: 1004 View related articles View Crossmark data Full Terms & Conditions of access and use can be found at http://www.tandfonline.com/action/journalInformation?journalCode=rbec20 Download by: [95.158.49.18] Date: 20 April 2016, At: 09:43 Baltic Journal of Economics, 2015 Vol. 15, No. 2, 81–98, http://dx.doi.org/10.1080/1406099X.2015.1114714 Explaining and tackling the shadow economy in Estonia, Latvia and Lithuania: a tax morale approach Colin C. Williamsa* a and Ioana A. Horodnicb Management School, University of Sheffield, Sheffield, UK; bFaculty of Economics and Business Administration, Alexandru Ioan Cuza University of Iasi, Iași, Romania Downloaded by [95.158.49.18] at 09:43 20 April 2016 (Received 26 November 2014; accepted 28 October 2015) To explain the shadow economy in the Baltic states of Estonia, Lithuania and Latvia, this...
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