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The European Bank for Reconstruction and Development (EBRD)
European Bank for Reconstruction and Development (EBRD)
The European Bank for Reconstruction and Development was established in 1991.
Aims and Objectives of the European Bank for...
The European Economic Community (EEC)
The European Economic Community (ECC) now referred to as the Enropean Union (EU) was established in 1958 under the Treaty of Rome of I957. It has a membership of twelve countries at present. The number is likely to grow as the years roll by.
CLIQKI Login – CLIQKI Account Sign In | How To CLIQKI Login Profile Account
CLIQKI Login is what we will be covering in the course of this article. Thus, if you are here because you are in dire...
CLIQKI Sign Up Account – How Do I Create An Account On CLIQKI?
CLIQKI Sign Up is what we will be covering in the course of this article. Thus, if you are here because you are in...
Line Sign in: How to Login Line App Account – Create Line Account
Linn login is what we will be covering in the course of this article. Thus, if you are here because you are in dire...
TikTok Login: The Complete Guide to TikTok and TikTok Sign In
TikTok is a social media application that has taken the world by storm. It’s a video-based social media application that allows users to create...
Industrialization: Definition, Types, Stages & Features
‘lndustrialization’ is a deliberate policy by governments to create many industries in a country. The process of industrialization involves the production, increasing use of machinery and power tools, as well as the use of improved technology in production, all of which lead to a higher level of output of industrial goods.
Problems of Financial Institutions in Nigeria
Financial Institutions are business organizations which deal in money, though some may deal in other financial assets such as shaves, letters of credit, bills of exchange etc. With the exception of the Central Bank, they make profits by trading in money; that is, through the process of accepting deposits in several ways e.g. offering technical advice etc.
International Trade: Definition, Features, Importance, Merits & Demerits
International trade is the exchange of goods, capital, and services among different countries because there is a need or want of goods or services.
International Monetary Fund (IMF) – Benefits, Aims & Objectives
The International Monetary Fund (IMF) was established in 1944.
Its financial resources stem mainly from quota subscriptions which are assigned to each member according to its relative size in the world economy. A member’s quota also determines its voting power as well as its access to IMF financing.
International Bank for Reconstruction and Development (IBRD)
The International Bank for Reconstruction and Development (IBRD) otherwise known as the World Bank was established in 1944 with its headquarters in Washington DC.
Organization of Petroleum Exporting Countries (OPEC)
OPEC was established in Baghdad, Iraq in September 1960. Like many other international organizations, OPEC was formed by a few founding members, namely, Iran, Iraq, Kuwait, Saudi Arabia and Venezeula.
In the 1960s, five more countries became members: Qatar (1961), Indonesia (1962), Libya (1962), Abu Dhabi (1967) and Algeria (1969). In 1974, the United Arab Emirates of which Abu Dhabi was the dominant member took Abu Dhabi’s place.
Traditional Economic: Definition, Features, Pros & Cons
Traditional economic system is the type of economy system that prevailed in all independent human organization or settlements prior to their contact with the outside world. In Africa, for instance, feudalism and communism predominated before contact with Europeans.
The Millennium Development Goals (MDG) – Meaning, History, Aims & Objectives
The Millennium Development Goals refer to a set of fundamental goals set by the United Nations in 2000 which all member states of the United Nations and, particularly developing countries, are required to achieve within a period of fifteen years.
Nigeria’s Non-Alignment Policy | Meaning, History & Origin
Nigeria became a member of the Non-Aligned Movement at the independence in 1960. The tone for Nigeria’s non-alignment policy was laid by Prime Minister Abubakar Tafawa Balewa in a speech he made at the House of Representatives on 7th October 1960, six days after Nigeria’s independence.
Globalization: Definition, Features, Merits & Demerits
Globalization is a phenomenon based on the continuous increase in the interconnection between the different nations of the world on the economic, political, social and technological levels.
The use of this term has been used since the 80s. That is, since technological advances have facilitated and accelerated international commercial and financial transactions. And for this reason, the phenomenon has as many defenders - such as the International Monetary Fund (IMF) or the World Bank - as detractors.
Difference Between Privatization and Commercialization
Privatization is a policy of the government created to afford individuals, corporate bodies, the opportunity to take over ownership and control of government enterprises, companies, etc. while Commercialization is a state policy of making its companies, enterprises, parastatals, etc, more efficient and even more profit oriented. It will also make these organisations come up with efficient management of resources.
Fair Value – Definition, Features & Calculations
The fair value is for which a financial asset can be bought or a financial liability settled on a specific date between two parties (buyer and seller) who are independent from each other and are experts in the field and who know how to act freely and prudently under conditions. market.
Basic Principles of Government – Meaning & Definition
Principles of government are basic truths or laws, which guide the study and practice of politics and government. They are developed by political theorists and writers based on their experience or observation of the political process but these principles have come, to be accepted over the years by scholars and practitioners alike as indispensable and essential to understanding political phenomena.
Difference Between Direct and Indirect Democracy
DIRECT AND INDIRECT DEMOCRACY
What are Direct and Indirect Democracy?
Democracy is a type of government system in which the decision-making power rests with the people, as the...