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"The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help"
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Thus, through innovation, which is accompanied by patenting of the newly generated ideas or commodities, the firms eventually grow and obtain a reasonable market share for their products (Arora, Fosfuri, & Gambardella, 2001). Tax cuts and state financing is the other method that has been applied to promote the growth of firms in these countries. The governments of these countries have created institutions, for example the Economic Development Board in Singapore, which provides long and short term financing for firms, promotes industrial investment and creates an enabling environment, such as industrial estates for firms to operate (Arora, Fosfuri, & Gambardella, 2001). This way, firms are afforded an opportunity to thrive in the tough economic conditions through financial support, which enables them to grow and eventually become large companies. The most suitable method, which should be adopted by the firms in these countries to grow economically, is innovation. The rationale behind this is the fact that, innovation helps a firm to develop new products, services and ideas, which help it, compete effectively with other firms in the market, as opposed to government financing and support, which serves to increase competition (Arora, Fosfuri, & Gambardella,
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The history of Germany is quite old and the reference to the country named Germania dates back to 100 AD. Over the period of time, Germany however, emerged as a unified and strong State after overcoming different political conflicts and differences. Germany also was the key player in both the World Wars and remained one of the most volatile countries in the region.
Children of this modern age have been reported to be unhealthy and inactive, and this has raised a lot of questions to whether their parents or teachers are to blame. Sports are an extreme, significant feature in the development of children of all ages. Majority of the children in the age bracket of 5-16 years involve themselves in various sports activities.
Despite the fact that developing countries suffer more from poverty, developed countries are not spared of the dearth of resources as well. In developed economies, poverty is manifested increasing cases homelessness and informal settlements. Poverty may be perceived as the situation in which people face lack of resources, and economic opportunities in a nation.
The unit of study will derive the multicultural perspectives, learning needs, differentiated instruction, socioeconomic status, and learning styles. It has an objective of teaching how natural environments function and how human beings should cohabitate sustainably in the natural environment.
The issue stems from the fact that many developing countries have external debt that is too high for them to pay considering the low proportion of their gross domestic product. The external debts of many of these developing countries accumulated to unmanageable levels for a variety of reasons.
According to the paper the NICs face a challenge as to make their development sustainable they need to manage the process of development efficiently. Not all decisions take by such NICs have proved to be right in the long run and the other developing countries have lessons to be learnt if they are seeking to grow faster.
There were many energetic apostles who helped in the spreading of the Christianity message through the modern communication methods of the Roman period. Eventually, the Christian church and faith grew its widespread and by the fall of the Roman
It helps them in developing reforms and provides them with finance which helps member nations in healing different sectors of their nations such as the education sector.
The organization is following two objectives that it wants to attain by the period of 2030
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