British economy

Just like a lottery winner, Spain had won the jackpot in the late 15th century. The discovery of the New World had resulted in a sudden flood of precious bullion from the silver-laden Aztec and Incan empires. This surge of wealth brought on the Golden Age for Spain, a flourishing period with a focus on more extravagant aspects of culture, such advances in literature and the arts. The end of this period concurred with the fall of the empire in the 17th century. A time where the lack of silver did

By Daniel Abioye, INTRODUCTION Small and medium sized firms play a prominent role in economic development (Osotimehi, et al. 2012). Hence it has been the underlining background to this study. The importance of SMES cannot be overemphasized in an economy. This is because they contribute to the creation of employment, free competitive market environments, inputs for large scale industries and so on. Drucker (1985) stated that entrepreneurship is not complete without the injection of innovation. In

Uneven sub-national growth is a significant policy issue, as there appears to be a trend in many low-income countries towards the widening of regional inequalities and correlated with rapid urbanisation, economic activities have become increasingly concentrated in space. Development does not take place at the same rate across all regions; several factors such as the distribution of resources, historic events and polio-economic structures of a given country can all impact its regional growth rates

sound political framework and policy formulation that could encourage foreign investors, and true to form, the two parties have been trying to work with each other so as to do so. South Africa and Botswana, although closer to home than the usual British and American investors, have already started investing in the mining and farming sectors, with notable billionaires such as Patrice Motsepe of South Africa playing a crucial part in the field. The goals business sector itself is pushing for: 1

rubber. Starting from a low technological base after political independence in 1960, the country embarked on the arduous task of building a state with one identity by integrating the different ethnicities and transforming the barter economy into financial exchange economy. The country provided infrastructure and social amenities for a very young population. Over the years, policies were pursued in order to achieve the goal of a

Pomeranz hypothesises that it was Europe’s ability to transcend the ecological constraints placed on the them by limited resources that allowed Europe to cultivate superior economic growth. These ecological restraints were witnessed in the most economically advanced areas of Europe and China, Britain and the Yangzi Delta which are the focal point for this geographical argument.These constraints are seen in food stocks, fibres for textile production and most crucially in the supply of fuel. Pomeranz

6 REFLECTIONS ON THE STRATEGIC ROLE OF AGRICULTURAL ECONOMY 8 3.0 4.0 5.0 AGRICULTURE FROM THE LOOKING GLASS OF MAN’S ECONOMIC HISTORY 16 AGRICULTURAL ECONOMY FROM PARADIGMATIC VIEWPOINTS ABOUT THE STATE VIS-A-VIS MARKET 21 6.0 NIGERIAN AGRICULTURE FROM THE PERSPECTIVE OF MODELS OF AGRICULTURAL DEVELOPMENT 29 7.0 AGRICULTURAL SECTOR FROM THE LOOKING GLASS OF EVOLUTION OF NIGERIA’S POLITICAL ECONOMY 38 THE AGRICULTURAL ECONOMY: THE PARADOX INSIDE OUT 52 CONCLUSION: TACKLING THE

presupposition of a globalized economy, along with the extension of a world capitalist market system that is absorbing evermore areas of the world and spheres of production , exchange and consumption. The technological revolution presupposes global computerized networks and the free movement of goods, information and people across national boundaries. Hence the internet and global computer networks make globalization possible, by producing a technological infrastructure for the global economy. Globalization has

presupposition of a globalized economy, along with the extension of a world capitalist market system that is absorbing evermore areas of the world and spheres of production , exchange and consumption. The technological revolution presupposes global computerized networks and the free movement of goods, information and people across national boundaries. Hence the internet and global computer networks make globalization possible, by producing a technological infrastructure for the global economy. Globalization has

ECONOMIC DEVELOPMENT IN INDIA: THE ROLE OF INDIVIDUAL ENTERPRISE (AND ENTREPRENEURIAL SPIRIT) Anil K. Lal* and Ronald W. Clement** The Indian economy provides a revealing contrast between how individuals react under a government-controlled environment and how they respond to a market-based environment. Evidence suggests that recent market reforms that encouraged individual enterprise have led to higher economic growth in that country. India can generate additional economic growth by fostering entrepreneurial